ACTIVE

B.S.D.

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Financial year 2025 · closed on 31/12/2025

Net result

-70,8 k €

-927.4% YoY

Gross margin

139,6 k €

-41.5% YoY

Equity

197,8 k €

-26.4% YoY

Workforce

2,6 ETP

-3.7% YoY

What does B.S.D. do?

B.S.D. is a Private limited company incorporated in 1970. Its registered office is in Ieper. It employs on average 2,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0407.004.575

Incorporation

01/01/1970

Legal form

Private limited company

Registered office

Brugstraat 13
8904 Ieper · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

2,6 ETP

Joint committees (5)

124
12400
20000
2000012400
218

Signals

Healthy social debts

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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	139,6 k €	-41.5%	238,4 k €	-9.5%	263,6 k €	-0.2%	264,2 k €	+54.5%	170,9 k €	+78.6%	95,7 k €	-49.7%	190,2 k €	+2.0%	186,6 k €	+5.4%	176,9 k €	+7.4%	164,8 k €	+95.5%	84,3 k €	-14.8%	98,9 k €	+14.2%	86,6 k €	+0.2%	86,5 k €	-29.2%	122,2 k €	-47.6%	233,1 k €	+4.0%	224,2 k €	-21.7%	286,4 k €	+10.0%	260,4 k €	+53.0%	170,2 k €
EBITDA	-342,3 €	-100%	80,5 k €	-40.8%	136,2 k €	-20.3%	170,8 k €	+127%	75,2 k €	+65.0%	45,6 k €	-42.8%	79,7 k €	+33.1%	59,9 k €	-3.8%	62,2 k €	+38.5%	44,9 k €	+50.0%	29,9 k €	-46.4%	55,8 k €	-6.1%	59,5 k €	-21.0%	75,3 k €	+67.5%	45 k €	-40.0%	75 k €	-3.4%	77,6 k €	-46.4%	144,8 k €	+30.8%	110,7 k €	+54.5%	71,6 k €
Operating result	-48,5 k €	-245%	33,4 k €	-50.9%	68 k €	-48.3%	131,6 k €	+261%	36,4 k €	+156%	14,2 k €	-73.3%	53,2 k €	+67.6%	31,8 k €	-7.0%	34,2 k €	+368%	7,3 k €	+523%	-1,7 k €	-107%	24 k €	-11.4%	27,1 k €	+49.9%	18,1 k €	+236%	-13,3 k €	-160%	22,1 k €	+52.3%	14,5 k €	-82.9%	84,6 k €	+35.2%	62,6 k €	+108%	30,1 k €
Net result	-70,8 k €	-927%	8,6 k €	-74.8%	34 k €	-63.5%	93,1 k €	+655%	12,3 k €	+457%	2,2 k €	-87.0%	17 k €	+233%	5,1 k €	-46.5%	9,5 k €	-42.2%	16,5 k €	+188%	5,7 k €	-51.6%	11,9 k €	-24.1%	15,6 k €	-51.0%	31,9 k €	+212%	-28,4 k €	-272%	16,6 k €	+1152%	1,3 k €	-97.5%	52,5 k €	+72.7%	30,4 k €	+158%	11,8 k €
Balance sheet
Equity	197,8 k €	-26.4%	268,6 k €	-9.5%	296,6 k €	+12.9%	262,6 k €	+54.9%	169,5 k €	+7.8%	157,2 k €	+1.4%	154,9 k €	+12.3%	138 k €	+3.8%	132,9 k €	-40.5%	223,3 k €	+8.0%	206,9 k €	+2.9%	201,1 k €	+4.9%	191,7 k €	+8.9%	176 k €	+22.1%	144,1 k €	-16.5%	172,5 k €	+10.6%	156 k €	+0.9%	154,7 k €	+51.3%	102,2 k €	+42.3%	71,9 k €
Total assets	768,2 k €	+5.6%	727,5 k €	-6.8%	780,9 k €	-19.0%	964,4 k €	+52.5%	632,2 k €	-2.9%	651,2 k €	+3.6%	628,4 k €	+17.2%	536,3 k €	-5.0%	564,3 k €	-22.7%	729,9 k €	+7.5%	679,2 k €	+1.9%	666,5 k €	+8.7%	613,4 k €	+1.9%	601,8 k €	+6.7%	564 k €	+8.6%	519,2 k €	-6.2%	553,6 k €	+12.1%	493,8 k €	+22.8%	402 k €	+7.5%	373,8 k €
Cash	86,4 k €	-57.6%	203,8 k €	+10.3%	184,7 k €	+0.4%	184 k €	+75.1%	105,1 k €	+13.8%	92,4 k €	+21.4%	76,1 k €	+66.0%	45,8 k €	+847%	4,8 k €	-89.2%	44,6 k €	+183%	15,7 k €	+902%	1,6 k €	-94.7%	29,9 k €	-12.8%	34,3 k €	+108%	16,5 k €	-45.7%	30,3 k €	+675%	3,9 k €	+2.5%	3,8 k €	+212%	1,2 k €	+88.2%	649,7 €
Debts	570,4 k €	+24.3%	458,9 k €	-5.2%	484,3 k €	-30.8%	699,4 k €	+51.4%	461,9 k €	-6.3%	493 k €	+5.5%	467,5 k €	+20.1%	389,1 k €	-8.1%	423,3 k €	-15.4%	500,5 k €	+7.3%	466,5 k €	+0.5%	464,3 k €	+12.4%	413,2 k €	-2.1%	422 k €	+0.8%	418,6 k €	+21.7%	344,1 k €	-13.2%	396,7 k €	+17.3%	338,2 k €	+13.2%	298,8 k €	-1.0%	301,9 k €
Other
Workforce	2,6 ETP	-3.7%	2,7 ETP	+22.7%	2,2 ETP	+10.0%	2,0 ETP	0.0%	2,0 ETP	+100%	1,0 ETP	-37.5%	1,6 ETP	-38.5%	2,6 ETP	+44.4%	1,8 ETP	+38.5%	1,3 ETP	0.0%	1,3 ETP	+30.0%	1,0 ETP	+25.0%	0,8 ETP	-11.1%	0,9 ETP	-60.9%	2,3 ETP	-41.0%	3,9 ETP	0.0%	3,9 ETP	-2.5%	4,0 ETP	-9.1%	4,4 ETP	+18.9%	3,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 13 ended

Active mandates

David Haerynck

Director · since 02 novembre 2010

Active

GEMD

Director · since 16 août 2006 · 1005.265.636

Represented by Deconinck Debbie

Active

Ended mandates

Debbie Deconinck

Director · since 16 août 2006

Ended

DEBIE DECONINCK

Manager · since 16 août 2006

Ended

Filip Deconinck

Director · since 20 octobre 1997

Ended

DAVID HAERYNCK

Director

Ended

At this address

Other companies at this address

Company	CBE no.
GEMD● Active	1005.265.636

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	31/08/2026	29/08/2025	30/08/2024	31/08/2023	30/08/2022	30/08/2021
General meeting	26/08/2026	27/08/2025	26/08/2024	30/08/2023	29/08/2022	18/08/2021
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	26/08/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	27/08/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	26/08/2024	30/08/2024	Dutch	PDF
Abridged model	31/12/2022	30/08/2023	31/08/2023	Dutch	PDF
Abridged model	31/12/2021	29/08/2022	30/08/2022	Dutch	PDF
Abridged model	31/12/2020	18/08/2021	30/08/2021	Dutch	PDF
Abridged model	31/12/2019	09/10/2020	12/10/2020	Dutch	PDF
Abridged model	31/12/2018	29/08/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	17/08/2018	24/08/2018	Dutch	PDF
Abridged model	31/12/2016	04/07/2017	30/08/2017	Dutch	PDF
Abridged model	31/12/2015	02/09/2016	19/09/2016	Dutch	PDF
Abridged model	31/12/2014	28/09/2015	30/09/2015	Dutch	PDF
Abridged model	31/12/2013	02/10/2014	06/10/2014	Dutch	PDF
Abridged model	31/12/2012	26/04/2013	29/04/2013	Dutch	PDF
Abridged model	31/12/2011	25/09/2012	28/09/2012	Dutch	PDF
Abridged model	31/12/2010	27/10/2011	28/11/2011	Dutch	PDF
Abridged model	31/12/2009	22/10/2010	29/11/2010	Dutch	PDF
Abridged model	31/12/2008	13/07/2009	16/07/2009	Dutch	PDF
Abridged model	31/12/2007	25/09/2008	29/09/2008	Dutch	PDF
Abridged model	31/12/2006	10/09/2007	12/09/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 2 active · 13 ended

Active mandates

David Haerynck

Director · since 02 novembre 2010

Active

GEMD

Director · since 16 août 2006 · 1005.265.636

Represented by Deconinck Debbie

Active

Ended mandates

Debbie Deconinck

Director · since 16 août 2006

Ended

DEBIE DECONINCK

Manager · since 16 août 2006

Ended

Filip Deconinck

Director · since 20 octobre 1997

Ended

DAVID HAERYNCK

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Registered office05/06/2024
MAATSCHAPPELIJKE ZETEL
PDF
Mandates03/04/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates16/09/2020
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Mandates08/12/2010
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares24/07/2007
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates09/07/2007
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - 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 2025-70,8 k €↓
2024
Annual accounts 20248,6 k €↓
2023
Annual accounts 202334 k €↓
2022
Annual accounts 202293,1 k €↑
2021
Annual accounts 202112,3 k €↑
2020
Annual accounts 20202,2 k €↓
2019
Annual accounts 201917 k €↑
2018
Annual accounts 20185,1 k €↓
2017
Annual accounts 20179,5 k €↓
2016
Annual accounts 201616,5 k €↑
2015
Annual accounts 20155,7 k €↓
2014
Annual accounts 201411,9 k €↓
2013
Annual accounts 201315,6 k €↓
2012
Annual accounts 201231,9 k €↑
2011
Annual accounts 2011-28,4 k €↓
2010
Annual accounts 201016,6 k €↑
2009
Annual accounts 20091,3 k €↓
2008
Annual accounts 200852,5 k €↑
2007
Annual accounts 200730,4 k €↑
2006
Annual accounts 200611,8 k €
01/01/1970
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

B.S.D.

Overview

What does B.S.D. do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

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