ACTIVE

BACOVO

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Financial year 2025 · Closed on 31/12/2025

Net result51,9 k €+23,8 %over 1 year

Gross margin1,4 M €-5,6 %over 1 year

Equity644,1 k €+8,8 %over 1 year

Workforce17,5 ETP-2,8 %over 1 year

Identity

Source · BCE/KBO

BACOVO is a Private limited company incorporated in 1975. Its main activity is: Manufacture of other general-purpose machinery n.e.c.. Its registered office is in Lint. It employs on average 17,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0415.282.734
Incorporation: 28/07/1975
Legal form: Private limited company
Registered office: Lerenveld 2a
2547 Lint · FlandreSee on map
Contributed capital: 32 918,27 €
Latest accounts: 31/12/2025
Average workforce: 17,5 ETP

Activities (NACE)

28291Manufacture of other general-purpose machinery n.e.c.· main 28291Manufacture of other general-purpose machinery n.e.c.28930Manufacture of machinery for food, beverage and tobacco processing 28930Manufacture of machinery for food, beverage and tobacco processing 29241Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers 29530Manufacture of motor vehicles, trailers and semi-trailers

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,4 M €	-5.6%	1,5 M €	-3.7%	1,6 M €	+11.5%	1,4 M €	-18.5%	1,7 M €
EBITDA	295,5 k €	-4.6%	309,6 k €	-37.9%	498,8 k €	+0.6%	495,7 k €	-40.6%	835,2 k €
Operating result	91,2 k €	+19.9%	76,1 k €	-71.9%	270,6 k €	-8.4%	295,5 k €	-54.7%	652,4 k €
Net result	51,9 k €	+23.8%	41,9 k €	-77.8%	188,8 k €	-10.4%	210,6 k €	-51.7%	435,9 k €
Balance sheet
Equity	644,1 k €	+8.8%	592,2 k €	+7.6%	550,3 k €	-21.6%	701,5 k €	-21.3%	890,9 k €
Total assets	1,4 M €	-7.5%	1,5 M €	-10.4%	1,7 M €	-22.1%	2,2 M €	-6.2%	2,4 M €
Cash	94,8 k €	-31.9%	139,1 k €	+5.8%	131,5 k €	-75.3%	533,3 k €	+54.0%	346,3 k €
Debts	782,8 k €	-17.6%	950,5 k €	-18.8%	1,2 M €	-22.5%	1,5 M €	+2.9%	1,5 M €
Other
Workforce	17,5 ETP	-2.8%	18,0 ETP	+5.9%	17,0 ETP	+7.6%	15,8 ETP	+4.6%	15,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Geert Van Bockstal	Directorsince 09/12/2022

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Michel Brewaeys	Managing director01/07/2016 → 2016 accounts
Niko VOORSPOELS	Director22/08/2008 → 2008 accounts
Paul VOORSPOELS	Director22/08/2008 → 2008 accounts
Robert VOORSPOELS	Director22/08/2008 → 2008 accounts

Full financial information

Source · NBB

	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	28/07/2026	30/07/2025	19/07/2024	28/07/2023	29/07/2022	30/07/2021
General meeting	30/06/2026	30/06/2025	29/06/2024	09/05/2023	30/06/2022	11/05/2021
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
Abridged model	31/12/2025	30/06/2026	28/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	30/07/2025	Dutch	PDF
Abridged model	31/12/2023	29/06/2024	19/07/2024	Dutch	PDF
Abridged model	31/12/2022	09/05/2023	28/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	29/07/2022	Dutch	PDF
Abridged model	31/12/2020	11/05/2021	30/07/2021	Dutch	PDF
Abridged model	31/12/2019	01/07/2020	31/08/2020	Dutch	PDF
Abridged model	31/12/2018	27/05/2019	31/07/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	30/07/2018	Dutch	PDF
Abridged model	31/12/2016	09/05/2017	26/06/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	13/06/2016	Dutch	PDF
Abridged model	31/12/2014	11/05/2015	17/06/2015	Dutch	PDF
Abridged model	31/12/2013	13/05/2014	16/06/2014	Dutch	PDF
Abridged model	31/12/2012	14/05/2013	31/05/2013	Dutch	PDF
Abridged model	31/12/2011	08/05/2012	29/06/2012	Dutch	PDF
Abridged model	31/12/2010	07/06/2011	01/07/2011	Dutch	PDF
Abridged model	31/12/2009	10/05/2010	20/07/2010	Dutch	PDF
Abridged model	31/12/2008	09/06/2009	01/07/2009	Dutch	PDF
Abridged model	31/12/2007	20/05/2008	24/06/2008	Dutch	PDF
Abridged model	31/12/2006	22/05/2007	30/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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

1 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Geert Van Bockstal	Directorsince 09/12/2022

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Michel Brewaeys	Managing director01/07/2016 → 2016 accounts
Niko VOORSPOELS	Director22/08/2008 → 2008 accounts
Paul VOORSPOELS	Director22/08/2008 → 2008 accounts
Robert VOORSPOELS	Director22/08/2008 → 2008 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates22/02/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/11/2019
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates31/05/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/08/2016
Ontslag en benoeming
PDF
Restructuring19/10/2015
PARTIËLE SPLITSING VAN DE NAAMLOZE VENNOOTSCHAP "BAKKERIIJ
PDF
Mandates05/06/2015
Herbenoeming bestuurders
PDF
Restructuring26/11/2014
VOORSTEL TOT PARTIELE SPLITSING
PDF
Capital / shares27/01/2014
STATUTENWIJZIGING (verhoging kapitaal - coördinatie statuten)
PDF

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

Geert Van Bockstal

Michel Brewaeys

Robert VOORSPOELS

Paul VOORSPOELS

Niko VOORSPOELS

1975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

BACOVO

Lerenveld 2 bte a, 2547 Lint

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Lerenveld 2a, 2547 LintCurrent		CBE
Lerenveld 2 bte a, 2547 Lint	accounts 2021 → 2025	Accounts 2025 · 2026-00341945

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
BACOVOCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00341945

Events

2025
Annual accounts 202551,9 k €↑
2024
Annual accounts 202441,9 k €↓
2023
Annual accounts 2023188,8 k €↓
2022
Annual accounts 2022210,6 k €↓
2021
Annual accounts 2021435,9 k €↑
2020
Annual accounts 2020117,2 k €↓
2019
Annual accounts 2019135,4 k €↓
2018
Annual accounts 2018169,5 k €↑
2017
Annual accounts 201776,4 k €↓
2016
Annual accounts 2016164,1 k €↑
2014
Annual accounts 201479 k €↓
2013
Annual accounts 201387,2 k €↑
2012
Annual accounts 201253,1 k €↓
2011
Annual accounts 201159,9 k €↑
2010
Annual accounts 201043 k €↓
2009
Annual accounts 200959,8 k €↑
2008
Annual accounts 200852,8 k €↓
2007
Annual accounts 200765,2 k €↑
2006
Annual accounts 200644,6 k €
28/07/1975
IncorporationPrivate limited company

BACOVO

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