ACTIVE

Baspo Works

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Financial year 2025 · Closed on 31/12/2025

Net result
-80,2 k €
+30,2 %over 1 year
Gross margin
94,7 k €
+265,9 %over 1 year
Equity
443,1 k €
-15,3 %over 1 year
Workforce
1,0 ETP
0,0 %over 1 year

Identity

Source · BCE/KBO

Baspo Works is a Public limited company incorporated in 1980. Its registered office is in Hasselt. It employs on average 1,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0421.004.645
Incorporation
03/12/1980
Legal form
Public limited company
Registered office
Winterstraat 25
3500 Hasselt · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Joint committees (6)
  • 111
  • 112
  • 124
  • 14904
  • 210
  • 218
Signals
Solid equityLow riskGood liquidityHealthy social debts

Financials

Source · NBB, 18 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin94,7 k €25,9 k €519,6 k €341,6 k €165,3 k €
EBITDA-25,1 k €-28,5 k €418,3 k €291,7 k €147,6 k €
Operating result-70,2 k €-96,3 k €361,5 k €129,9 k €37,2 k €
Net result-80,2 k €-114,9 k €360,6 k €125,1 k €14,6 k €
Balance sheet
Equity443,1 k €523,3 k €638,2 k €617,6 k €492,5 k €
Total assets978,2 k €1,1 M €1,6 M €3,2 M €2,2 M €
Cash99,8 k €24,8 k €4,3 k €20 k €19,5 k €
Debts456,5 k €501,7 k €880,5 k €2,4 M €1,5 M €
Other
Workforce1,0 ETP1,0 ETP1,0 ETP0,8 ETP–

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 33 ended

Active mandates

PhS Advice

Director · since 15 mars 2022 · until 16 juin 2028 · 0552.700.159

Represented by Philippe Spooren

Active

Ended mandates

PhS Advice

Director · since 15 mars 2022 · until 16 juin 2028 · 0552.700.159

Represented by Philippe Spooren

Ended
Vinci

Director · since 15 mars 2022 · until 16 juin 2028 · 0848.253.419

Represented by Philippe Spooren

Ended
IMOËR

Director · since 31 août 2016 · until 15 mars 2022 · 0466.603.553

Represented by Theo Spooren

Ended
IMOËR

Director · since 31 août 2016 · until 15 mars 2022 · 0466.603.553

Represented by Theo Spooren

Ended

Other companies at this address

Winterstraat 25 3500 Hasselt
CompanyCBE no.
PhS Advice● Active
0552.700.159

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202131/12/2019
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 months13 months
Filing date27/07/202604/08/202508/08/202420/07/202324/08/202202/07/2021
General meeting19/06/202620/06/202521/06/202416/06/202317/06/202218/06/2021
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, 18 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202519/06/202627/07/2026DutchPDF
Abridged model31/12/202420/06/202504/08/2025DutchPDF
Abridged model31/12/202321/06/202408/08/2024DutchPDF
Abridged model31/12/202216/06/202320/07/2023DutchPDF
Abridged model31/12/202117/06/202224/08/2022DutchPDF
Abridged model31/12/202018/06/202102/07/2021DutchPDF
Abridged model30/12/201931/07/202007/08/2020DutchPDF
Abridged model31/12/201715/06/201825/06/2018DutchPDF
Abridged model31/12/201616/06/201729/08/2017DutchPDF
Abridged model31/12/201517/06/201629/09/2016DutchPDF
Abridged model30/12/201419/06/201517/07/2015DutchPDF
Abridged model31/12/201221/06/201302/08/2013DutchPDF
Abridged model31/12/201115/06/201221/06/2012DutchPDF
Abridged model31/12/201017/06/201124/06/2011DutchPDF
Abridged model31/12/200909/07/201005/08/2010DutchPDF
Abridged model31/12/200819/06/200903/07/2009DutchPDF
Abridged model31/12/200720/06/200823/06/2008DutchPDF
Abridged model31/12/200615/06/200730/08/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 33 ended

Active mandates

PhS Advice

Director · since 15 mars 2022 · until 16 juin 2028 · 0552.700.159

Represented by Philippe Spooren

Active

Ended mandates

PhS Advice

Director · since 15 mars 2022 · until 16 juin 2028 · 0552.700.159

Represented by Philippe Spooren

Ended
Vinci

Director · since 15 mars 2022 · until 16 juin 2028 · 0848.253.419

Represented by Philippe Spooren

Ended
IMOËR

Director · since 31 août 2016 · until 15 mars 2022 · 0466.603.553

Represented by Theo Spooren

Ended
IMOËR

Director · since 31 août 2016 · until 15 mars 2022 · 0466.603.553

Represented by Theo Spooren

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates17/03/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office02/04/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - MAATSCHAPPELIJKE ZETEL - DOEL - BOEKJAAR
    PDF
  • Other27/12/2018
    BOEKJAAR
    PDF
  • Mandates25/10/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other13/11/2015
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BOEKJAAR - DOEL
    PDF
  • Mandates17/03/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/06/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other29/01/2014
    BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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 2025-80,2 k €↑
  2. 2024
    Annual accounts 2024-114,9 k €↓
  3. 2023
    Annual accounts 2023360,6 k €↑
  4. 2022
    Annual accounts 2022125,1 k €↑
  5. 2021
    Annual accounts 202114,6 k €↓
  6. 2020
    Annual accounts 2020350,3 k €↑
  7. 2019
    Annual accounts 2019330,3 k €↑
  8. 2017
    Annual accounts 2017301,2 k €↑
  9. 2016
    Annual accounts 201692,6 k €↓
  10. 2015
    Annual accounts 2015175,9 k €↓
  11. 2014
    Annual accounts 2014429,1 k €↑
  12. 2012
    Annual accounts 2012110,5 k €↑
  13. 2011
    Annual accounts 201139,9 k €↓
  14. 2010
    Annual accounts 2010133 k €↓
  15. 2009
    Annual accounts 2009379,6 k €↑
  16. 2008
    Annual accounts 2008186,6 k €↑
  17. 2007
    Annual accounts 2007104,2 k €↑
  18. 2006
    Annual accounts 200621,1 k €
  19. 03/12/1980
    IncorporationPublic limited company