ACTIVE

BEXCO

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Financial year 2025 · Closed on 31/12/2025

Net result2,8 M €-35,0 %over 1 year

Revenue40 M €-19,1 %over 1 year

Equity15,4 M €+5,5 %over 1 year

Workforce121,6 ETP+1,0 %over 1 year

Identity

Source · BCE/KBO

BEXCO is a Public limited company incorporated in 1972. Its main activity is: Manufacture of cordage, rope, twine and netting. Its registered office is in Hamme (Vl.). It employs on average 121,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0412.623.251
Incorporation: 21/09/1972
Legal form: Public limited company
Registered office: Zwaarveld 25
9220 Hamme (Vl.) · FlandreSee on map
Contributed capital: 3 545 154,46 €
Latest accounts: 31/12/2025
Average workforce: 121,6 ETP

Activities (NACE)

13940Manufacture of cordage, rope, twine and netting· main 13940Manufacture of cordage, rope, twine and netting

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 7 financial years

	2025		2024		2014		2012		2011
Income statement
Revenue	40 M €	-19.1%	49,4 M €	+61.7%	30,6 M €	+123%	13,7 M €	+4.7%	13,1 M €
EBITDA	4,8 M €	-36.1%	7,6 M €	+429%	1,4 M €	+224%	-1,2 M €	-19.0%	-974,2 k €
Operating result	4 M €	-38.7%	6,5 M €	+576%	959,2 k €	+167%	-1,4 M €	-10.8%	-1,3 M €
Net result	2,8 M €	-35.0%	4,4 M €	+439%	810,9 k €	+149%	-1,7 M €	-21.9%	-1,4 M €
Balance sheet
Equity	15,4 M €	+5.5%	14,6 M €	+134%	6,2 M €	+52.7%	4,1 M €	-28.8%	5,7 M €
Total assets	49,6 M €	+40.5%	35,3 M €	+172%	13 M €	+6.4%	12,2 M €	-2.2%	12,5 M €
Cash	9,3 M €	+344%	2,1 M €	+357%	459,1 k €	-38.8%	749,8 k €	+17.2%	639,7 k €
Debts	33,8 M €	+63.3%	20,7 M €	+210%	6,7 M €	-16.9%	8 M €	+22.4%	6,6 M €
Other
Workforce	121,6 ETP	+1.0%	120,4 ETP	+43.0%	84,2 ETP	+10.4%	76,3 ETP	-7.5%	82,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 10 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Christof Dewijngaert	Director20/01/2026 → 20/05/2026
Bruno Cluydts	Director15/05/2024 → 21/05/2031
Erik Jagers	Director15/05/2024 → 21/05/2031

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Raf Rentmeesters	Director15/05/2024 → 2024 accounts
Cornelis BOSMAN	Director05/06/2014 → 2014 accounts
FMO0845.418.346Represented by Francis Mottrie	Managing director05/06/2014 → 2014 accounts
Wim De DEKEN	Director05/06/2014 → 2014 accounts

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	08/06/2026	10/06/2025	28/06/2024	17/07/2023	09/06/2022	22/06/2021
General meeting	20/05/2026	21/05/2025	27/06/2024	30/06/2023	12/05/2022	02/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	20/05/2026	08/06/2026	Dutch	PDF
Full model	31/12/2024	21/05/2025	10/06/2025	Dutch	PDF
Full model	31/12/2023	27/06/2024	28/06/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	17/07/2023	Dutch	PDF
Full model	31/12/2021	12/05/2022	09/06/2022	Dutch	PDF
Full model	31/12/2020	02/06/2021	22/06/2021	Dutch	PDF
Full model	31/12/2019	08/06/2020	30/06/2020	Dutch	PDF
Full model	31/12/2018	20/05/2019	13/06/2019	Dutch	PDF
Full model	31/12/2017	22/05/2018	31/05/2018	Dutch	PDF
Full model	31/12/2016	18/05/2017	08/06/2017	Dutch	PDF
Full model	31/12/2015	06/06/2016	30/06/2016	Dutch	PDF
Full model	31/12/2014	04/06/2015	30/06/2015	Dutch	PDF
Full model	31/12/2013	05/06/2014	19/06/2014	Dutch	PDF
Full model	31/12/2012	15/05/2013	28/05/2013	Dutch	PDF
Full model	31/12/2011	14/05/2012	13/09/2012	Dutch	PDF
Full model	31/12/2010	18/05/2011	08/07/2011	Dutch	PDF
Full model	31/12/2009	02/06/2010	14/06/2010	Dutch	PDF
Full model	31/12/2008	13/05/2009	26/05/2009	Dutch	PDF
Full model	31/12/2007	28/05/2008	16/06/2008	Dutch	PDF
Full model	31/12/2006	25/05/2007	07/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 M€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 10 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Christof Dewijngaert	Director20/01/2026 → 20/05/2026
Bruno Cluydts	Director15/05/2024 → 21/05/2031
Erik Jagers	Director15/05/2024 → 21/05/2031

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Raf Rentmeesters	Director15/05/2024 → 2024 accounts
Cornelis BOSMAN	Director05/06/2014 → 2014 accounts
FMO0845.418.346Represented by Francis Mottrie	Managing director05/06/2014 → 2014 accounts
Wim De DEKEN	Director05/06/2014 → 2014 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates13/07/2026
Definitieve benoeming bestuurder
PDF
Mandates27/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Other21/11/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
PDF
Mandates13/11/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/04/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/09/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/07/2023
ONTSLAGEN - BENOEMINGEN
PDF

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

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings7 filings

Mandates

Christof Dewijngaert

Erik Jagers

Bruno Cluydts

Raf Rentmeesters

FMO

Wim De DEKEN

Cornelis BOSMAN

Lanoconsult

Arnd Otto BRUNINGHAUS

Johannes-Adrianus MEIJER

Hans BRUNINGHAUS

Nicolas SAVERYS

Show the other mandate

197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031

BEXCO

Zwaarveld 25, 9220 Hamme

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Zwaarveld 25, 9220 HammeCurrent	accounts 2024 → 2025	Accounts 2025 · 2026-00158028

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
BEXCOCurrent	accounts 2024 → 2025	Accounts 2025 · 2026-00158028

Events

2025
Annual accounts 20252,8 M €↓
2024
Annual accounts 20244,4 M €↑
2014
Annual accounts 2014810,9 k €↑
2012
Annual accounts 2012-1,7 M €↓
2011
Annual accounts 2011-1,4 M €↓
2010
Annual accounts 2010-200,9 k €↓
2009
Annual accounts 20094,1 k €
21/09/1972
IncorporationPublic limited company

BEXCO

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events