ACTIVE

BACOVO

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 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
Joint committees (2)
  • 111
  • 209
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin1,4 M €1,5 M €1,6 M €1,4 M €1,7 M €
EBITDA295,5 k €309,6 k €498,8 k €495,7 k €835,2 k €
Operating result91,2 k €76,1 k €270,6 k €295,5 k €652,4 k €
Net result51,9 k €41,9 k €188,8 k €210,6 k €435,9 k €
Balance sheet
Equity644,1 k €592,2 k €550,3 k €701,5 k €890,9 k €
Total assets1,4 M €1,5 M €1,7 M €2,2 M €2,4 M €
Cash94,8 k €139,1 k €131,5 k €533,3 k €346,3 k €
Debts782,8 k €950,5 k €1,2 M €1,5 M €1,5 M €
Other
Workforce17,5 ETP18,0 ETP17,0 ETP15,8 ETP15,1 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 · 13 ended

Active mandates

Geert Van Bockstal

Director

Active

Ended mandates

Geert Van Bockstal

Director · since 09 décembre 2022

Ended
Michel Brewaeys

Managing director · since 01 juillet 2016 · until 09 mai 2020

Ended
Niko VOORSPOELS

Director · since 22 août 2008 · until 30 juin 2014

Ended
Paul VOORSPOELS

Director · since 22 août 2008 · until 30 juin 2014

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/07/202630/07/202519/07/202428/07/202329/07/202230/07/2021
General meeting30/06/202630/06/202529/06/202409/05/202330/06/202211/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202628/07/2026DutchPDF
Abridged model31/12/202430/06/202530/07/2025DutchPDF
Abridged model31/12/202329/06/202419/07/2024DutchPDF
Abridged model31/12/202209/05/202328/07/2023DutchPDF
Abridged model31/12/202130/06/202229/07/2022DutchPDF
Abridged model31/12/202011/05/202130/07/2021DutchPDF
Abridged model31/12/201901/07/202031/08/2020DutchPDF
Abridged model31/12/201827/05/201931/07/2019DutchPDF
Abridged model31/12/201730/06/201830/07/2018DutchPDF
Abridged model31/12/201609/05/201726/06/2017DutchPDF
Abridged model31/12/201527/05/201613/06/2016DutchPDF
Abridged model31/12/201411/05/201517/06/2015DutchPDF
Abridged model31/12/201313/05/201416/06/2014DutchPDF
Abridged model31/12/201214/05/201331/05/2013DutchPDF
Abridged model31/12/201108/05/201229/06/2012DutchPDF
Abridged model31/12/201007/06/201101/07/2011DutchPDF
Abridged model31/12/200910/05/201020/07/2010DutchPDF
Abridged model31/12/200809/06/200901/07/2009DutchPDF
Abridged model31/12/200720/05/200824/06/2008DutchPDF
Abridged model31/12/200622/05/200730/07/2007DutchPDF

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 · 13 ended

Active mandates

Geert Van Bockstal

Director

Active

Ended mandates

Geert Van Bockstal

Director · since 09 décembre 2022

Ended
Michel Brewaeys

Managing director · since 01 juillet 2016 · until 09 mai 2020

Ended
Niko VOORSPOELS

Director · since 22 août 2008 · until 30 juin 2014

Ended
Paul VOORSPOELS

Director · since 22 août 2008 · until 30 juin 2014

Ended

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
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring19/10/2015
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates05/06/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring26/11/2014
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Capital / shares27/01/2014
    KAPITAAL - AANDELEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202551,9 k €↑
  2. 2024
    Annual accounts 202441,9 k €↓
  3. 2023
    Annual accounts 2023188,8 k €↓
  4. 2022
    Annual accounts 2022210,6 k €↓
  5. 2021
    Annual accounts 2021435,9 k €↑
  6. 2020
    Annual accounts 2020117,2 k €↓
  7. 2019
    Annual accounts 2019135,4 k €↓
  8. 2018
    Annual accounts 2018169,5 k €↑
  9. 2017
    Annual accounts 201776,4 k €↓
  10. 2016
    Annual accounts 2016164,1 k €↑
  11. 2014
    Annual accounts 201479 k €↓
  12. 2013
    Annual accounts 201387,2 k €↑
  13. 2012
    Annual accounts 201253,1 k €↓
  14. 2011
    Annual accounts 201159,9 k €↑
  15. 2010
    Annual accounts 201043 k €↓
  16. 2009
    Annual accounts 200959,8 k €↑
  17. 2008
    Annual accounts 200852,8 k €↓
  18. 2007
    Annual accounts 200765,2 k €↑
  19. 2006
    Annual accounts 200644,6 k €
  20. 28/07/1975
    IncorporationPrivate limited company