ACTIVE

BOSAL EMISSION CONTROL SYSTEMS

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Financial year 2025 · Closed on 31/12/2025

Net result-4,5 M €-77,1 %over 1 year

Revenue16,4 M €-20,2 %over 1 year

Equity18,3 M €+600,6 %over 1 year

Workforce86,4 ETP-8,1 %over 1 year

Identity

Source · BCE/KBO

BOSAL EMISSION CONTROL SYSTEMS is a Public limited company incorporated in 1987. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Lummen. It employs on average 86,4 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0431.440.855
Incorporation: 16/06/1987
Legal form: Public limited company
Registered office: Dellestraat 20
3560 Lummen · FlandreSee on map
Contributed capital: 22 128 729,00 €
Latest accounts: 31/12/2025
Average workforce: 86,4 ETP

Activities (NACE)

71121Engineering activities and related technical consultancy· main 71121Engineering activities and related technical consultancy 74203Photographic activities

Joint committees (2)

Signals

Solid equityLow riskGood liquidityHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	16,4 M €	-20.2%	20,6 M €	-10.9%	23,1 M €	-13.6%	26,7 M €	+8.8%	24,5 M €
EBITDA	-3,4 M €	-167%	-1,3 M €	-266%	769,5 k €	-75.4%	3,1 M €	+279%	-1,7 M €
Operating result	-3,9 M €	-132%	-1,7 M €	+32.1%	-2,5 M €	-166%	3,7 M €	+190%	-4,1 M €
Net result	-4,5 M €	-77.1%	-2,5 M €	+15.2%	-3 M €	-209%	2,7 M €	+160%	-4,6 M €
Balance sheet
Equity	18,3 M €	+601%	2,6 M €	-49.3%	5,2 M €	-36.7%	8,2 M €	+50.9%	5,4 M €
Total assets	28,2 M €	+12.6%	25,1 M €	+2.5%	24,5 M €	+1.8%	24 M €	-23.7%	31,5 M €
Cash	104,4 k €	+359%	22,7 k €	+1018%	2 k €	+16.2%	1,8 k €	-98.7%	130,4 k €
Debts	9,8 M €	-56.3%	22,4 M €	+16.6%	19,2 M €	+22.7%	15,6 M €	-36.2%	24,5 M €
Other
Workforce	86,4 ETP	-8.1%	94,0 ETP	-14.5%	110,0 ETP	-6.8%	118,0 ETP	-9.1%	129,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 34 ended

Active mandates

Herwig Vanbeneden

Director · since 08 octobre 2021 · until 07 octobre 2027

Active

Karel Bos

Director · since 08 octobre 2021 · until 07 octobre 2027

Active

Ended mandates

René Bastien de Wit

Director · since 21 avril 2020 · until 07 octobre 2021

Ended

René Bastien De Wit

Director · since 21 avril 2020 · until 20 avril 2026

Ended

René Bastien De Wit

Director · since 21 avril 2020 · until 21 avril 2026

Ended

Machteld Groeneveld

Director · since 11 décembre 2019 · until 21 avril 2020

Ended

Other companies at this address

Dellestraat 20 3560 Lummen

Company	CBE no.
Bosal Belgium● Active	0774.745.136
Bosal Energy● Active	0759.714.094
BOSAL FLANDERS● Active	0757.778.351
Bosal International Management● Active	0414.794.269

Full financial information

Source · NBB

	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	27/06/2025	15/07/2024	11/07/2023	30/06/2022	09/07/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	23/06/2023	30/06/2022	08/07/2021
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, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	26/06/2026	30/06/2026	Dutch	PDF
Full model	31/12/2024	27/06/2025	27/06/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	15/07/2024	Dutch	PDF
Full model	31/12/2022	23/06/2023	11/07/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	30/06/2022	Dutch	PDF
Full model	31/12/2020	08/07/2021	09/07/2021	Dutch	PDF
Full model	31/12/2019	31/10/2020	31/10/2020	Dutch	PDF
Full model	31/12/2018	18/11/2019	29/11/2019	Dutch	PDF
Full model	31/12/2017	28/12/2018	28/12/2018	Dutch	PDF
Full model	31/12/2016	28/12/2017	29/12/2017	Dutch	PDF
Full model	31/12/2015	28/12/2017	29/12/2017	Dutch	PDF
Full model	31/12/2014	02/06/2015	25/06/2015	Dutch	PDF
Full model	31/12/2013	03/06/2014	27/06/2014	Dutch	PDF
Full modelCorrection	31/12/2012	04/06/2013	12/03/2014	Dutch	PDF
Full model	31/12/2012	04/06/2013	02/07/2013	Dutch	PDF
Full model	31/12/2011	05/06/2012	23/07/2012	Dutch	PDF
Full model	31/12/2010	07/06/2011	16/06/2011	Dutch	PDF
Full model	31/12/2009	01/06/2010	15/06/2010	Dutch	PDF
Full model	31/12/2008	02/06/2009	03/06/2009	Dutch	PDF
Full model	31/12/2007	03/06/2008	26/06/2008	Dutch	PDF
Full model	31/12/2006	05/06/2007	13/07/2007	Dutch	PDF

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.

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

2 active · 34 ended

Active mandates

Herwig Vanbeneden

Director · since 08 octobre 2021 · until 07 octobre 2027

Active

Karel Bos

Director · since 08 octobre 2021 · until 07 octobre 2027

Active

Ended mandates

René Bastien de Wit

Director · since 21 avril 2020 · until 07 octobre 2021

Ended

René Bastien De Wit

Director · since 21 avril 2020 · until 20 avril 2026

Ended

René Bastien De Wit

Director · since 21 avril 2020 · until 21 avril 2026

Ended

Machteld Groeneveld

Director · since 11 décembre 2019 · until 21 avril 2020

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette

Capital / shares13/10/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates28/06/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/04/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/03/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/10/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/01/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/11/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/10/2018
ONTSLAGEN - BENOEMINGEN
PDF

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

See the Business plan

Timeline

2025
Annual accounts 2025-4,5 M €↓
2024
Annual accounts 2024-2,5 M €↑
2023
Annual accounts 2023-3 M €↓
2022
Annual accounts 20222,7 M €↑
2021
Annual accounts 2021-4,6 M €↓
2020
Annual accounts 2020-2,6 M €↓
2019
Annual accounts 20197,9 M €↑
2018
Annual accounts 2018-2,2 M €↓
2017
Annual accounts 2017-1,4 M €↓
2016
Annual accounts 2016-656,2 k €↑
2015
Annual accounts 2015-1,2 M €↓
2014
Annual accounts 20141,3 M €↑
2013
Annual accounts 20131,1 M €↓
2012
Annual accounts 20121,6 M €↑
2011
Annual accounts 2011-262,9 k €↑
2010
Annual accounts 2010-551,1 k €↓
2010
Name changeBOSAL EMISSION CONTROL SYSTEMS
2009
Annual accounts 200923,3 k €↓
2008
Annual accounts 200896,3 k €↑
2007
Annual accounts 2007-25,1 k €↓
2006
Annual accounts 200674,7 k €
2006
Name changeBOSAL RESEARCH
16/06/1987
IncorporationPublic limited company

BOSAL EMISSION CONTROL SYSTEMS

Overview

Identity

Financials

Valuation

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

Timeline