BEGRO
0425.237.904 · rovalta.com · 24/09/2026
ACTIVE
BEGRO
Financial year 2023 · closed on 30/09/2023
Net result
1,2 M €
+272.1% YoY
Revenue
170,8 M €
+88.8% YoY
Equity
19,1 M €
+3.6% YoY
Workforce
116,1 ETP
+1.8% YoY
Overview
What does BEGRO do?
BEGRO is a Public limited company incorporated in 1983. Its registered office is in Ardooie. It employs on average 116,1 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0425.237.904
Incorporation
29/12/1983
Legal form
Public limited company
Registered office
Tombrugstraat 8 box BIS
8850 Ardooie · FlandreSee on map
8850 Ardooie · FlandreSee on map
Contributed capital
1 700 000,00 €
Latest accounts
30/09/2023
Average workforce
116,1 ETP
Joint committees (4)
- 118
- 11809
- 220
- 2200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 15 financial years
| 2023 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2007 | 2006 | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||
| Revenue | 170,8 M € | +88.8% | 90,5 M € | +0.7% | 89,9 M € | -3.6% | 93,2 M € | +2.8% | 90,7 M € | -2.5% | 93 M € | +8.6% | 85,7 M € | -0.3% | 85,9 M € | +7.0% | 80,3 M € | +13.1% | 71 M € | -0.1% | 71,1 M € | -5.1% | 74,9 M € | -31.7% | 109,7 M € | +96.4% | 55,9 M € | +9.4% | 51,1 M € |
| EBITDA | 3,9 M € | +724% | 469,9 k € | -78.6% | 2,2 M € | -12.9% | 2,5 M € | -41.9% | 4,3 M € | -51.7% | 9 M € | +38.4% | 6,5 M € | +42.3% | 4,6 M € | +6.1% | 4,3 M € | +87.2% | 2,3 M € | -32.4% | 3,4 M € | +30.5% | 2,6 M € | +2.3% | 2,5 M € | +37.2% | 1,9 M € | -26.7% | 2,5 M € |
| Operating result | 1,7 M € | +327% | -754,7 k € | -201% | 745,6 k € | -29.9% | 1,1 M € | -58.6% | 2,6 M € | -60.7% | 6,5 M € | +61.3% | 4,1 M € | +178% | 1,5 M € | +24.9% | 1,2 M € | +111% | 553,3 k € | -76.9% | 2,4 M € | +21.8% | 2 M € | +33.1% | 1,5 M € | +28.8% | 1,1 M € | +111% | 542,9 k € |
| Net result | 1,2 M € | +272% | -679,8 k € | -376% | 246 k € | -74.9% | 979 k € | -46.7% | 1,8 M € | -70.6% | 6,3 M € | +69.8% | 3,7 M € | +311% | 896,5 k € | +187% | 312,9 k € | +78.7% | 175,1 k € | -86.2% | 1,3 M € | +52.9% | 828,5 k € | +2.1% | 811,6 k € | +94.7% | 416,8 k € | -64.2% | 1,2 M € |
| Balance sheet | |||||||||||||||||||||||||||||
| Equity | 19,1 M € | +3.6% | 18,4 M € | -3.6% | 19,1 M € | +1.3% | 18,8 M € | +5.5% | 17,9 M € | +6.5% | 16,8 M € | +59.4% | 10,5 M € | +53.8% | 6,8 M € | +6.2% | 6,4 M € | +5.0% | 6,1 M € | +2.9% | 6 M € | +27.0% | 4,7 M € | +21.1% | 3,9 M € | +37.4% | 2,8 M € | +5.8% | 2,7 M € |
| Total assets | 42,7 M € | -1.0% | 43,1 M € | +5.5% | 40,8 M € | -13.9% | 47,4 M € | -15.2% | 55,9 M € | -2.1% | 57,1 M € | +38.9% | 41,1 M € | +6.2% | 38,7 M € | -14.4% | 45,1 M € | +15.6% | 39,1 M € | +23.2% | 31,7 M € | -3.9% | 33 M € | +4.6% | 31,5 M € | +11.8% | 28,2 M € | +11.8% | 25,2 M € |
| Cash | 993,8 k € | +29.7% | 766,1 k € | -21.2% | 971,9 k € | +39.5% | 696,6 k € | -83.1% | 4,1 M € | -34.1% | 6,3 M € | -3.0% | 6,4 M € | +176% | 2,3 M € | -37.3% | 3,7 M € | -28.4% | 5,2 M € | +29.0% | 4 M € | -24.2% | 5,3 M € | -9.4% | 5,9 M € | +155% | 2,3 M € | +118% | 1,1 M € |
| Debts | 23,6 M € | -4.1% | 24,6 M € | +13.5% | 21,7 M € | -23.9% | 28,5 M € | -25.0% | 37,9 M € | -5.1% | 40 M € | +31.2% | 30,5 M € | -3.9% | 31,7 M € | -17.2% | 38,3 M € | +18.2% | 32,4 M € | +29.4% | 25,1 M € | -8.3% | 27,3 M € | +1.0% | 27 M € | +8.4% | 24,9 M € | +11.8% | 22,3 M € |
| Other | |||||||||||||||||||||||||||||
| Workforce | 116,1 ETP | +1.8% | 114,1 ETP | -12.6% | 130,6 ETP | +2.7% | 127,2 ETP | +15.0% | 110,6 ETP | +14.3% | 96,8 ETP | +10.8% | 87,4 ETP | +6.5% | 82,1 ETP | +6.9% | 76,8 ETP | +6.1% | 72,4 ETP | -5.1% | 76,3 ETP | +52.9% | 49,9 ETP | +19.4% | 41,8 ETP | +8.3% | 38,6 ETP | -8.7% | 42,3 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 10 M€ and 25 M€
See the valuationGovernance
Board of directors
Seen on filing of 30/09/2023 · 6 active · 33 ended
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
DICOGEL● Active | 0419.748.791 |
Financials
Annual accounts
Full financial information
| 2023 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 | 01/01/2018 | 01/01/2017 |
| Closing of the financial year | 30/09/2023 | 31/12/2021 | 31/12/2020 | 31/12/2019 | 31/12/2018 | 31/12/2017 |
| Length of the financial year | 21 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 22/03/2024 | 22/03/2024 | 27/06/2022 | 17/11/2020 | 04/11/2019 | 02/08/2018 |
| General meeting | 23/02/2024 | 31/08/2022 | 09/07/2021 | 06/11/2020 | 09/10/2019 | 12/07/2018 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
17 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 30/09/2023 | 23/02/2024 | 22/03/2024 | Dutch | |
| Full model | 31/12/2021 | 31/08/2022 | 22/03/2024 | Dutch | |
| Full modelCorrection | 31/12/2020 | 09/07/2021 | 27/06/2022 | Dutch | |
| Full model | 31/12/2020 | 09/07/2021 | 26/10/2021 | Dutch | |
| Full model | 31/12/2019 | 06/11/2020 | 17/11/2020 | Dutch | |
| Full model | 31/12/2018 | 09/10/2019 | 04/11/2019 | Dutch | |
| Full model | 31/12/2017 | 12/07/2018 | 02/08/2018 | Dutch | |
| Full model | 31/12/2016 | 16/06/2017 | 06/07/2017 | Dutch | |
| Full model | 31/12/2015 | 17/06/2016 | 24/08/2016 | Dutch | |
| Full model | 31/12/2014 | 30/06/2015 | 24/08/2015 | Dutch | |
| Full model | 31/12/2013 | 30/06/2014 | 28/08/2014 | Dutch | |
| Full model | 31/12/2012 | 28/06/2013 | 23/07/2013 | Dutch | |
| Full model | 31/12/2011 | 27/07/2012 | 16/08/2012 | Dutch | |
| Full model | 30/11/2010 | 28/06/2011 | 13/07/2011 | Dutch | |
| Full model | 31/12/2008 | 29/05/2009 | 26/08/2009 | Dutch | |
| Full model | 31/12/2007 | 30/05/2008 | 13/08/2008 | Dutch | |
| Full model | 31/12/2006 | 25/05/2007 | 31/08/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 10 M€ and 25 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 30/09/2023 · 6 active · 33 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates12/03/2026ONTSLAGEN - BENOEMINGEN
- Other04/10/2024ALGEMENE VERGADERING - BOEKJAAR
- Mandates16/01/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
- Mandates11/07/2022ONTSLAGEN - BENOEMINGEN
- Other11/10/2018STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates01/09/2017ONTSLAGEN - BENOEMINGEN
- Other23/05/2016DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates02/10/2014ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 23/02/2024nominationCallens Vandelanotte — commissaris
- 2023Annual accounts 20231,2 M €↑
- 2021Annual accounts 2021-679,8 k €↓
- 2020Annual accounts 2020246 k €↓
- 06/11/2020reconductionCVBA Vandelanotte Bedrijfsrevisoren — commissaris
- 2019Annual accounts 2019979 k €↓
- 2018Annual accounts 20181,8 M €↓
- 2017Annual accounts 20176,3 M €↑
- 2016Annual accounts 20163,7 M €↑
- 2015Annual accounts 2015896,5 k €↑
- 2014Annual accounts 2014312,9 k €↑
- 2013Annual accounts 2013175,1 k €↓
- 2012Annual accounts 20121,3 M €↑
- 2011Annual accounts 2011828,5 k €↑
- 2010Annual accounts 2010811,6 k €↑
- 2007Annual accounts 2007416,8 k €↓
- 2006Annual accounts 20061,2 M €
- 29/12/1983IncorporationPublic limited company