ACTIVE

Bondec

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Financial year 2025 · closed on 31/12/2025

Net result

-352,7 k €

-788.5% YoY

Gross margin

3 M €

-3.0% YoY

Equity

1,1 M €

-23.6% YoY

Workforce

43,3 ETP

+2.1% YoY

What does Bondec do?

Bondec is a Private limited company incorporated in 1969. Its registered office is in Wommelgem. It employs on average 43,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0406.074.167

Incorporation

06/01/1969

Legal form

Private limited company

Registered office

Fortbaan 72A
2160 Wommelgem · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

43,3 ETP

Joint committees (4)

124
14901
200
218

Signals

Good liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	3 M €	-3.0%	3,1 M €	-11.1%	3,5 M €	+7.5%	3,2 M €	+6.1%	3,1 M €	-5.9%	3,2 M €	-7.4%	3,5 M €	+21.4%	2,9 M €	+6.6%	2,7 M €	+6.7%	2,5 M €	+6.7%	2,4 M €	+10.3%	2,2 M €	+4.2%	2,1 M €	-6.3%	2,2 M €	+4.1%	2,1 M €	+34.9%	1,6 M €	+11.7%	1,4 M €	+7.7%	1,3 M €	+0.7%	1,3 M €	-3.0%	1,3 M €
EBITDA	-72,7 k €	-121%	343,7 k €	-10.3%	383,3 k €	+3.8%	369,4 k €	-1.5%	375,1 k €	-30.9%	542,7 k €	-12.2%	617,9 k €	+21.3%	509,2 k €	+14.4%	445 k €	+6.5%	418 k €	+20.3%	347,6 k €	+8.0%	321,8 k €	+32.7%	242,5 k €	-37.1%	385,8 k €	-20.7%	486,4 k €	+129%	212,3 k €	+15.8%	183,4 k €	+0.6%	182,3 k €	+13.8%	160,2 k €	+11.6%	143,6 k €
Operating result	-265,3 k €	-261%	164,6 k €	+7.7%	152,7 k €	-1.3%	154,7 k €	-4.5%	162,1 k €	-49.2%	319,2 k €	-20.2%	400,3 k €	+33.2%	300,4 k €	+8.8%	276,2 k €	-4.5%	289,2 k €	+17.3%	246,5 k €	+8.4%	227,4 k €	+115%	105,8 k €	-62.8%	284,7 k €	-22.7%	368,6 k €	+214%	117,5 k €	+25.7%	93,5 k €	+7.8%	86,7 k €	+13.2%	76,6 k €	+20.6%	63,5 k €
Net result	-352,7 k €	-788%	51,2 k €	+29.7%	39,5 k €	-42.2%	68,4 k €	-28.4%	95,5 k €	-58.9%	232,3 k €	-33.8%	350,7 k €	+32.3%	265,1 k €	+12.7%	235,2 k €	+2.2%	230,1 k €	+3.6%	222 k €	+7.6%	206,3 k €	+83.6%	112,4 k €	-55.5%	252,7 k €	-24.7%	335,5 k €	+288%	86,4 k €	+45.5%	59,4 k €	+26.9%	46,8 k €	+17.1%	39,9 k €	+15.8%	34,5 k €
Balance sheet
Equity	1,1 M €	-23.6%	1,5 M €	+3.5%	1,4 M €	+2.8%	1,4 M €	+5.1%	1,3 M €	+7.7%	1,2 M €	+7.1%	1,2 M €	+9.0%	1,1 M €	+3.9%	1 M €	+2.5%	999,4 k €	+5.3%	949,3 k €	+4.6%	907,3 k €	+3.0%	881 k €	+2.6%	858,6 k €	+9.2%	785,9 k €	+11.4%	705,4 k €	+14.0%	619 k €	+10.6%	559,6 k €	+9.1%	512,8 k €	+8.4%	472,9 k €
Total assets	4,5 M €	-4.4%	4,7 M €	-1.4%	4,8 M €	-5.2%	5 M €	+12.3%	4,5 M €	+11.0%	4 M €	+5.3%	3,8 M €	+7.9%	3,5 M €	+18.7%	3 M €	-17.2%	3,6 M €	+11.9%	3,2 M €	+13.8%	2,8 M €	+5.9%	2,7 M €	-1.6%	2,7 M €	+0.9%	2,7 M €	+7.4%	2,5 M €	+21.4%	2,1 M €	+10.0%	1,9 M €	-2.5%	1,9 M €	-4.9%	2 M €
Cash	367,7 k €	-23.5%	480,8 k €	+1.8%	472,5 k €	-39.7%	783,6 k €	+59.8%	490,4 k €	-40.2%	819,8 k €	+59.7%	513,3 k €	+27.8%	401,6 k €	+21.6%	330,3 k €	-20.7%	416,7 k €	+7.6%	387,4 k €	-16.4%	463,5 k €	-0.6%	466,4 k €	-7.9%	506,5 k €	+3.0%	491,8 k €	+5.4%	466,6 k €	+0.4%	464,9 k €	+168%	173,4 k €	-37.0%	275,2 k €	-26.3%	373,3 k €
Debts	3,3 M €	+4.6%	3,2 M €	-3.5%	3,3 M €	-8.3%	3,6 M €	+15.3%	3,1 M €	+12.5%	2,8 M €	+4.5%	2,7 M €	+7.4%	2,5 M €	+26.4%	2 M €	-24.8%	2,6 M €	+14.7%	2,3 M €	+18.3%	1,9 M €	+7.6%	1,8 M €	-3.4%	1,8 M €	-2.3%	1,9 M €	+5.7%	1,8 M €	+24.4%	1,4 M €	+9.9%	1,3 M €	-6.7%	1,4 M €	-8.8%	1,5 M €
Other
Workforce	43,3 ETP	+2.1%	42,4 ETP	-14.5%	49,6 ETP	-1.6%	50,4 ETP	+7.0%	47,1 ETP	-8.2%	51,3 ETP	-1.3%	52,0 ETP	+20.4%	43,2 ETP	+3.6%	41,7 ETP	+7.2%	38,9 ETP	+2.1%	38,1 ETP	+9.8%	34,7 ETP	+3.9%	33,4 ETP	-5.1%	35,2 ETP	+12.8%	31,2 ETP	+9.9%	28,4 ETP	+3.6%	27,4 ETP	+5.8%	25,9 ETP	+0.4%	25,8 ETP	-5.1%	27,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 12 ended

Active mandates

Bondec Finance

Director · since 09 octobre 2020 · 0754.399.484

Represented by ERIK VALVEKENS

Active

Ended mandates

BDW Beheer

Manager · since 20 septembre 2011 · 0838.475.819

Represented by Hugo Bonte

Ended

BDW Beheer

Manager · since 20 septembre 2011 · 0838.475.819

Represented by Hugo Bonte

Ended

Erva Verwarming

Manager · since 20 septembre 2011 · 0838.475.720

Represented by Erik Valvekens

Ended

Erva Verwarming

Manager · since 20 septembre 2011 · 0838.475.720

Represented by Erik Valvekens

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	03/07/2026	08/07/2025	29/08/2024	31/08/2023	01/07/2022	27/05/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	30/06/2023	30/06/2022	19/04/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	03/07/2026	Dutch	PDF
Abridged model	31/12/2024	27/06/2025	08/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	29/08/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	31/08/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	01/07/2022	Dutch	PDF
Abridged model	31/12/2020	19/04/2021	27/05/2021	Dutch	PDF
Abridged model	31/12/2019	30/04/2020	29/07/2020	Dutch	PDF
Abridged model	31/12/2018	15/03/2019	30/06/2019	Dutch	PDF
Abridged model	31/12/2017	08/06/2018	29/06/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	30/07/2017	Dutch	PDF
Abridged model	31/12/2015	03/03/2016	30/06/2016	Dutch	PDF
Abridged model	31/12/2014	19/05/2015	30/06/2015	Dutch	PDF
Abridged model	31/12/2013	20/05/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	21/05/2013	31/07/2013	Dutch	PDF
Abridged model	31/12/2011	15/05/2012	20/07/2012	Dutch	PDF
Abridged model	31/12/2010	17/05/2011	11/08/2011	Dutch	PDF
Abridged model	31/12/2009	18/05/2010	27/09/2010	Dutch	PDF
Abridged model	31/12/2008	19/05/2009	05/08/2009	Dutch	PDF
Abridged model	31/12/2007	20/05/2008	30/07/2008	Dutch	PDF
Abridged model	31/12/2006	15/05/2007	14/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 12 ended

Active mandates

Bondec Finance

Director · since 09 octobre 2020 · 0754.399.484

Represented by ERIK VALVEKENS

Active

Ended mandates

BDW Beheer

Manager · since 20 septembre 2011 · 0838.475.819

Represented by Hugo Bonte

Ended

BDW Beheer

Manager · since 20 septembre 2011 · 0838.475.819

Represented by Hugo Bonte

Ended

Erva Verwarming

Manager · since 20 septembre 2011 · 0838.475.720

Represented by Erik Valvekens

Ended

Erva Verwarming

Manager · since 20 septembre 2011 · 0838.475.720

Represented by Erik Valvekens

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/03/2021
ONTSLAGEN - BENOEMINGEN
PDF
Registered office23/10/2015
MAATSCHAPPELIJKE ZETEL
PDF
Mandates05/10/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/05/2010
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-352,7 k €↓
2024
Annual accounts 202451,2 k €↑
2023
Annual accounts 202339,5 k €↓
2022
Annual accounts 202268,4 k €↓
2021
Annual accounts 202195,5 k €↓
2020
Annual accounts 2020232,3 k €↓
2019
Annual accounts 2019350,7 k €↑
2018
Annual accounts 2018265,1 k €↑
2017
Annual accounts 2017235,2 k €↑
2016
Annual accounts 2016230,1 k €↑
2015
Annual accounts 2015222 k €↑
2014
Annual accounts 2014206,3 k €↑
2013
Annual accounts 2013112,4 k €↓
2012
Annual accounts 2012252,7 k €↓
2011
Annual accounts 2011335,5 k €↑
2010
Annual accounts 201086,4 k €↑
2009
Annual accounts 200959,4 k €↑
2008
Annual accounts 200846,8 k €↑
2007
Annual accounts 200739,9 k €↑
2006
Annual accounts 200634,5 k €
06/01/1969
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Bondec

Overview

What does Bondec do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline