BELYSSE GROUP NV (BELYS.BR) Stock Fundamental Analysis

Europe • Euronext Brussels • EBR:BELYS • BE0974314461

0.785 EUR
+0.01 (+0.64%)
Last: Feb 2, 2026, 05:28 PM
Fundamental Rating

3

Overall BELYS gets a fundamental rating of 3 out of 10. We evaluated BELYS against 33 industry peers in the Household Durables industry. BELYS may be in some trouble as it scores bad on both profitability and health. BELYS has a valuation in line with the averages, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • In the past year BELYS has reported negative net income.
  • BELYS had a positive operating cash flow in the past year.
  • BELYS had negative earnings in 4 of the past 5 years.
  • BELYS had a positive operating cash flow in 4 of the past 5 years.
BELYS.BR Yearly Net Income VS EBIT VS OCF VS FCFBELYS.BR Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2020 2021 2022 2023 2024 0 50M -50M -100M

1.2 Ratios

  • The Return On Assets of BELYS (-0.02%) is worse than 60.61% of its industry peers.
  • BELYS has a Return On Equity of -0.07%. This is in the lower half of the industry: BELYS underperforms 60.61% of its industry peers.
  • BELYS has a better Return On Invested Capital (6.48%) than 69.70% of its industry peers.
  • BELYS had an Average Return On Invested Capital over the past 3 years of 7.13%. This is below the industry average of 9.38%.
Industry RankSector Rank
ROA -0.02%
ROE -0.07%
ROIC 6.48%
ROA(3y)-6.3%
ROA(5y)-7.85%
ROE(3y)-25.25%
ROE(5y)-43.19%
ROIC(3y)7.13%
ROIC(5y)5.99%
BELYS.BR Yearly ROA, ROE, ROICBELYS.BR Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2020 2021 2022 2023 2024 0 -50 -100

1.3 Margins

  • BELYS's Operating Margin of 6.94% is fine compared to the rest of the industry. BELYS outperforms 66.67% of its industry peers.
  • In the last couple of years the Operating Margin of BELYS has declined.
  • With an excellent Gross Margin value of 61.34%, BELYS belongs to the best of the industry, outperforming 84.85% of the companies in the same industry.
  • In the last couple of years the Gross Margin of BELYS has remained more or less at the same level.
Industry RankSector Rank
OM 6.94%
PM (TTM) N/A
GM 61.34%
OM growth 3Y-5.23%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.7%
GM growth 5YN/A
BELYS.BR Yearly Profit, Operating, Gross MarginsBELYS.BR Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2020 2021 2022 2023 2024 0 20 -20 40 -40 60

3

2. Health

2.1 Basic Checks

  • BELYS has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • The number of shares outstanding for BELYS remains at a similar level compared to 1 year ago.
  • Compared to 1 year ago, BELYS has an improved debt to assets ratio.
BELYS.BR Yearly Shares OutstandingBELYS.BR Yearly Shares OutstandingYearly Shares Outstanding 2020 2021 2022 2023 2024 10M 20M 30M
BELYS.BR Yearly Total Debt VS Total AssetsBELYS.BR Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2020 2021 2022 2023 2024 200M 400M 600M 800M

2.2 Solvency

  • Based on the Altman-Z score of 0.26, we must say that BELYS is in the distress zone and has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 0.26, BELYS is doing worse than 87.88% of the companies in the same industry.
  • The Debt to FCF ratio of BELYS is 4.98, which is a neutral value as it means it would take BELYS, 4.98 years of fcf income to pay off all of its debts.
  • With a decent Debt to FCF ratio value of 4.98, BELYS is doing good in the industry, outperforming 69.70% of the companies in the same industry.
  • BELYS has a Debt/Equity ratio of 1.80. This is a high value indicating a heavy dependency on external financing.
  • The Debt to Equity ratio of BELYS (1.80) is worse than 87.88% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.8
Debt/FCF 4.98
Altman-Z 0.26
ROIC/WACC0.6
WACC10.87%
BELYS.BR Yearly LT Debt VS Equity VS FCFBELYS.BR Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2020 2021 2022 2023 2024 0 100M 200M 300M

2.3 Liquidity

  • BELYS has a Current Ratio of 1.63. This is a normal value and indicates that BELYS is financially healthy and should not expect problems in meeting its short term obligations.
  • BELYS has a Current ratio of 1.63. This is comparable to the rest of the industry: BELYS outperforms 57.58% of its industry peers.
  • BELYS has a Quick Ratio of 1.63. This is a bad value and indicates that BELYS is not financially healthy enough and could expect problems in meeting its short term obligations.
  • BELYS has a Quick ratio (0.90) which is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 1.63
Quick Ratio 0.9
BELYS.BR Yearly Current Assets VS Current LiabilitesBELYS.BR Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2020 2021 2022 2023 2024 100M 200M 300M 400M

2

3. Growth

3.1 Past

  • The earnings per share for BELYS have decreased strongly by -100.85% in the last year.
  • Looking at the last year, BELYS shows a decrease in Revenue. The Revenue has decreased by -6.81% in the last year.
  • The Revenue has been growing slightly by 0.43% on average over the past years.
EPS 1Y (TTM)-100.85%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-100.76%
Revenue 1Y (TTM)-6.81%
Revenue growth 3Y0.43%
Revenue growth 5YN/A
Sales Q2Q%-6.97%

3.2 Future

  • BELYS is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -1.41% yearly.
  • BELYS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.36% yearly.
EPS Next Y-70.83%
EPS Next 2Y-13.4%
EPS Next 3Y-1.41%
EPS Next 5YN/A
Revenue Next Year-3.57%
Revenue Next 2Y-0.54%
Revenue Next 3Y0.36%
Revenue Next 5YN/A

3.3 Evolution

  • The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
BELYS.BR Yearly Revenue VS EstimatesBELYS.BR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M
BELYS.BR Yearly EPS VS EstimatesBELYS.BR Yearly EPS VS EstimatesYearly EPS VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.2 -0.2 0.4 -0.4 0.6

5

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Forward Earnings ratio of 4.23 indicates a rather cheap valuation of BELYS.
  • 96.97% of the companies in the same industry are more expensive than BELYS, based on the Price/Forward Earnings ratio.
  • When comparing the Price/Forward Earnings ratio of BELYS to the average of the S&P500 Index (25.57), we can say BELYS is valued rather cheaply.
Industry RankSector Rank
PE N/A
Fwd PE 4.23
BELYS.BR Price Earnings VS Forward Price EarningsBELYS.BR Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, BELYS is valued cheaply inside the industry as 93.94% of the companies are valued more expensively.
  • BELYS's Price/Free Cash Flow ratio is rather cheap when compared to the industry. BELYS is cheaper than 100.00% of the companies in the same industry.
Industry RankSector Rank
P/FCF 0.89
EV/EBITDA 3.84
BELYS.BR Per share dataBELYS.BR EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-13.4%
EPS Next 3Y-1.41%

0

5. Dividend

5.1 Amount

  • BELYS does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

BELYSSE GROUP NV / BELYS.BR FAQ

What is the fundamental rating for BELYS stock?

ChartMill assigns a fundamental rating of 3 / 10 to BELYS.BR.


Can you provide the valuation status for BELYSSE GROUP NV?

ChartMill assigns a valuation rating of 5 / 10 to BELYSSE GROUP NV (BELYS.BR). This can be considered as Fairly Valued.


Can you provide the profitability details for BELYSSE GROUP NV?

BELYSSE GROUP NV (BELYS.BR) has a profitability rating of 3 / 10.


What is the financial health of BELYSSE GROUP NV (BELYS.BR) stock?

The financial health rating of BELYSSE GROUP NV (BELYS.BR) is 3 / 10.