ACTIVE

Bemac

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Financial year 2025 · closed on 31/12/2025

Net result

621,5 k €

+35.0% YoY

Revenue

18,9 M €

+23.2% YoY

Equity

6,8 M €

+9.8% YoY

Workforce

110,7 ETP

+14.4% YoY

What does Bemac do?

Bemac is a Public limited company incorporated in 1973. Its main activity is: Manufacture of instruments and appliances for measuring, testing and navigation. Its registered office is in Ans. It employs on average 110,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0412.889.507

Incorporation

05/01/1973

Legal form

Public limited company

Registered office

Avenue du Progrès 28
4432 Ans · WallonieSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

110,7 ETP

Activities (NACE)

26510Manufacture of instruments and appliances for measuring, testing and navigation· main 26510Manufacture of instruments and appliances for measuring, testing and navigation 33201Installation of industrial machinery and equipment 43211Electrical installation 43211Electrical installation 45310Wholesale trade of motor vehicle parts and accessories+2

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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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
Revenue	18,9 M €	+23.2%	15,3 M €	-1.3%	15,5 M €	+15.5%	13,4 M €	+12.4%	11,9 M €	+11.5%	10,7 M €		–		–		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	1,6 M €	+28.8%	1,3 M €	-35.2%	2 M €	+16.8%	1,7 M €	+9.0%	1,5 M €	+2.5%	1,5 M €	+1.1%	1,5 M €	+15.9%	1,3 M €	+19.6%	1,1 M €	+38.3%	771,9 k €	+93.5%	398,9 k €	-36.2%	625,3 k €	+172%	230,3 k €	-25.6%	309,4 k €	-19.2%	382,9 k €	+76.2%	217,3 k €	-53.0%	461,9 k €	-10.6%	516,9 k €	-17.0%	622,9 k €	+45.7%	427,4 k €
Operating result	1,1 M €	+33.7%	833 k €	-50.8%	1,7 M €	+24.4%	1,4 M €	+14.6%	1,2 M €	-3.8%	1,2 M €	+7.1%	1,2 M €	+6.9%	1,1 M €	+17.0%	920,2 k €	+44.2%	638,2 k €	+110%	304,1 k €	-30.7%	438,7 k €	+366%	94,2 k €	-56.6%	216,9 k €	-22.7%	280,8 k €	+70.1%	165,1 k €	-59.1%	403,6 k €	-7.9%	438 k €	-18.1%	534,7 k €	+57.2%	340,1 k €
Net result	621,5 k €	+35.0%	460,5 k €	-60.4%	1,2 M €	+23.9%	938 k €	+16.5%	805,1 k €	-4.6%	843,8 k €	+19.7%	704,7 k €	+8.9%	646,9 k €	+26.4%	511,7 k €	+46.5%	349,3 k €	+152%	138,7 k €	-39.4%	229 k €	+173%	84 k €	-29.2%	118,7 k €	-34.3%	180,6 k €	+147%	73,1 k €	-71.0%	252,4 k €	-3.8%	262,3 k €	-17.8%	319,2 k €	+65.9%	192,4 k €
Balance sheet
Equity	6,8 M €	+9.8%	6,2 M €	+7.7%	5,8 M €	+11.4%	5,2 M €	+12.9%	4,6 M €	+1.6%	4,5 M €	+19.5%	3,8 M €	+9.3%	3,5 M €	+19.1%	2,9 M €	+7.7%	2,7 M €	+14.6%	2,4 M €	+5.2%	2,2 M €	-2.2%	2,3 M €	+4.6%	2,2 M €	+5.7%	2,1 M €	-2.0%	2,1 M €	+3.6%	2 M €	+14.1%	1,8 M €	+14.2%	1,6 M €	+25.7%	1,2 M €
Total assets	12,2 M €	+5.4%	11,6 M €	+12.6%	10,3 M €	+9.3%	9,4 M €	+5.7%	8,9 M €	+10.1%	8,1 M €	+10.5%	7,3 M €	+10.7%	6,6 M €	+40.6%	4,7 M €	+1.6%	4,6 M €	+2.2%	4,5 M €	+1.7%	4,5 M €	+8.0%	4,1 M €	+14.4%	3,6 M €	+7.2%	3,4 M €	+4.7%	3,2 M €	+4.0%	3,1 M €	+4.1%	3 M €	+13.3%	2,6 M €	+2.9%	2,5 M €
Cash	1,7 M €	+135%	738,1 k €	-21.4%	939,1 k €	-15.3%	1,1 M €	-26.8%	1,5 M €	+88.5%	803,7 k €	-48.4%	1,6 M €	+12.8%	1,4 M €	+105%	675 k €	-28.2%	939,6 k €	+27.0%	739,6 k €	-10.4%	825,1 k €	+89.0%	436,5 k €	-50.3%	878,6 k €	+113%	413,4 k €	-16.1%	492,5 k €	-25.5%	660,6 k €	+43.0%	462,1 k €	+34.1%	344,6 k €	+16.2%	296,6 k €
Debts	5,3 M €	+0.3%	5,3 M €	+19.0%	4,5 M €	+6.9%	4,2 M €	-1.8%	4,3 M €	+21.4%	3,5 M €	+1.5%	3,4 M €	+11.6%	3,1 M €	+78.3%	1,7 M €	-6.2%	1,8 M €	-12.1%	2,1 M €	-2.9%	2,2 M €	+20.4%	1,8 M €	+29.4%	1,4 M €	+9.8%	1,3 M €	+18.6%	1,1 M €	+5.7%	1 M €	-12.9%	1,2 M €	+12.1%	1 M €	-18.9%	1,3 M €
Other
Workforce	110,7 ETP	+14.4%	96,8 ETP	+10.5%	87,6 ETP	+11.2%	78,8 ETP	+9.7%	71,8 ETP	+6.7%	67,3 ETP	+4.8%	64,2 ETP	+14.6%	56,0 ETP	+12.7%	49,7 ETP	+7.3%	46,3 ETP	+2.0%	45,4 ETP	+9.9%	41,3 ETP	+4.3%	39,6 ETP	+0.3%	39,5 ETP	-1.7%	40,2 ETP	+6.1%	37,9 ETP	+0.3%	37,8 ETP	+5.9%	35,7 ETP	+5.9%	33,7 ETP	+3.7%	32,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 14 ended

Active mandates

Philippe Rousseau

Director · since 03 mai 2022 · until 16 juin 2028

Active

Ended mandates

Gilberte LICOPS

Director · since 20 mai 2011 · until 31 juillet 2017

Ended

Gilberte LICOPS

Director · since 20 mai 2011 · until 19 mai 2023

Ended

GILBERTE LICOPS

Director · since 20 mai 2011 · until 19 mai 2017

Ended

Philippe ROUSSEAU

Managing director · since 20 mai 2011 · until 31 juillet 2017

Ended

At this address

Other companies at this address

Company	CBE no.
association des copropriétaires du complexe Centre D'Entreprises avenue du Progrès 28 à Ans● Active	0882.363.567

Annual accounts

Full financial information

	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	30/06/2026	17/11/2025	29/08/2024	10/07/2023	22/07/2022	24/06/2021
General meeting	19/06/2026	14/11/2025	29/08/2024	16/06/2023	17/06/2022	05/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	19/06/2026	30/06/2026	French	PDF
Full model	31/12/2024	14/11/2025	17/11/2025	French	PDF
Full model	31/12/2023	29/08/2024	29/08/2024	French	PDF
Full model	31/12/2022	16/06/2023	10/07/2023	French	PDF
Full model	31/12/2021	17/06/2022	22/07/2022	French	PDF
Full model	31/12/2020	05/06/2021	24/06/2021	French	PDF
Abridged model	31/12/2019	31/08/2020	25/09/2020	French	PDF
Abridged model	31/12/2018	28/06/2019	26/07/2019	French	PDF
Abridged model	31/12/2017	31/07/2018	30/08/2018	French	PDF
Abridged model	31/12/2016	31/07/2017	30/08/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	31/08/2016	French	PDF
Abridged model	31/12/2014	30/06/2015	31/08/2015	French	PDF
Abridged model	31/12/2013	16/05/2014	30/09/2014	French	PDF
Abridged model	31/12/2012	17/05/2013	30/09/2013	French	PDF
Abridged model	31/12/2011	18/05/2012	09/11/2012	French	PDF
Abridged model	31/12/2010	20/05/2011	31/08/2011	French	PDF
Abridged model	31/12/2009	21/05/2010	29/11/2010	French	PDF
Abridged modelCorrection	31/12/2008	15/05/2009	26/08/2009	French	PDF
Abridged model	31/12/2008	15/05/2009	12/08/2009	French	PDF
Abridged model	31/12/2007	16/05/2008	16/09/2008	French	PDF
Abridged model	31/12/2006	18/05/2007	31/12/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 14 ended

Active mandates

Philippe Rousseau

Director · since 03 mai 2022 · until 16 juin 2028

Active

Ended mandates

Gilberte LICOPS

Director · since 20 mai 2011 · until 31 juillet 2017

Ended

Gilberte LICOPS

Director · since 20 mai 2011 · until 19 mai 2023

Ended

GILBERTE LICOPS

Director · since 20 mai 2011 · until 19 mai 2017

Ended

Philippe ROUSSEAU

Managing director · since 20 mai 2011 · until 31 juillet 2017

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other14/09/2026
DIVERS
PDF
Mandates23/09/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates28/05/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates31/07/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates13/05/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates03/03/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates09/10/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates26/09/2017
DEMISSIONS, NOMINATIONS
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 2025621,5 k €↑
2024
Annual accounts 2024460,5 k €↓
2023
Annual accounts 20231,2 M €↑
2022
Annual accounts 2022938 k €↑
2021
Annual accounts 2021805,1 k €↓
2020
Annual accounts 2020843,8 k €↑
2019
Annual accounts 2019704,7 k €↑
2018
Annual accounts 2018646,9 k €↑
2017
Annual accounts 2017511,7 k €↑
2016
Annual accounts 2016349,3 k €↑
2015
Annual accounts 2015138,7 k €↓
2014
Annual accounts 2014229 k €↑
2013
Annual accounts 201384 k €↓
2012
Annual accounts 2012118,7 k €↓
2011
Annual accounts 2011180,6 k €↑
2010
Annual accounts 201073,1 k €↓
2009
Annual accounts 2009252,4 k €↓
2008
Annual accounts 2008262,3 k €↓
2007
Annual accounts 2007319,2 k €↑
2006
Annual accounts 2006192,4 k €
05/01/1973
IncorporationPublic 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

Bemac

Overview

What does Bemac 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