BECAUS
0433.971.664 · rovalta.com · 22/09/2026
ACTIVE
BECAUS
Financial year 2025 · closed on 31/12/2025
Net result
92,6 k €
-47.9% YoY
Revenue
4,8 M €
Equity
1,8 M €
+5.5% YoY
Workforce
22,2 ETP
-5.5% YoY
Overview
What does BECAUS do?
BECAUS is a Public limited company incorporated in 1988. Its registered office is in Wetteren. It employs on average 22,2 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0433.971.664
Incorporation
01/04/1988
Legal form
Public limited company
Registered office
Vantegemstraat 33
9230 Wetteren · FlandreSee on map
9230 Wetteren · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
22,2 ETP
Joint committees (4)
- 124
- 145
- 200
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Revenue | 4,8 M € | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | |||||||||||||||||||
| EBITDA | 262,7 k € | -22.2% | 337,6 k € | +15.1% | 293,4 k € | +48.4% | 197,7 k € | -38.0% | 318,8 k € | +18.5% | 269,1 k € | -10.9% | 302,1 k € | -17.5% | 366 k € | +0.5% | 364,1 k € | -3.6% | 377,6 k € | +109% | 180,2 k € | -58.1% | 429,8 k € | +71.1% | 251,2 k € | -21.2% | 318,9 k € | -34.4% | 486,1 k € | +81.9% | 267,3 k € | +24.6% | 214,5 k € | -41.1% | 364 k € | -4.7% | 382,1 k € | +74.0% | 219,6 k € |
| Operating result | 141,9 k € | -40.2% | 237,4 k € | +25.5% | 189,2 k € | +22.0% | 155 k € | -11.7% | 175,6 k € | +34.3% | 130,7 k € | -36.9% | 207,2 k € | +23.8% | 167,4 k € | -16.5% | 200,4 k € | +37.4% | 145,8 k € | +241% | 42,8 k € | -77.2% | 187,4 k € | +5190% | 3,5 k € | -95.7% | 82,2 k € | -56.1% | 187 k € | +137% | 79 k € | +101% | 39,2 k € | -82.3% | 222 k € | +19.0% | 186,6 k € | +19.6% | 156 k € |
| Net result | 92,6 k € | -47.9% | 177,8 k € | +47.0% | 121 k € | +28.8% | 93,9 k € | -16.5% | 112,5 k € | +54.7% | 72,7 k € | -33.4% | 109,2 k € | +25.1% | 87,3 k € | -11.4% | 98,6 k € | +61.3% | 61,1 k € | +2425% | 2,4 k € | -97.4% | 94,4 k € | +243% | -65,9 k € | -718% | 10,7 k € | -96.2% | 277,5 k € | +2425% | -11,9 k € | -108% | 159 k € | +34.0% | 118,6 k € | -3.4% | 122,8 k € | +19.0% | 103,2 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 1,8 M € | +5.5% | 1,7 M € | +11.8% | 1,5 M € | +2.8% | 1,5 M € | +1.0% | 1,5 M € | +2.3% | 1,4 M € | -0.5% | 1,4 M € | +0.6% | 1,4 M € | -4.9% | 1,5 M € | +7.1% | 1,4 M € | +4.6% | 1,3 M € | +0.2% | 1,3 M € | +7.6% | 1,2 M € | -5.1% | 1,3 M € | +0.8% | 1,3 M € | +27.4% | 1 M € | -1.2% | 1 M € | +18.3% | 866,6 k € | +15.9% | 748 k € | +19.6% | 625,2 k € |
| Total assets | 2,7 M € | -0.4% | 2,7 M € | +6.5% | 2,6 M € | +9.8% | 2,3 M € | -9.8% | 2,6 M € | +1.9% | 2,5 M € | -8.9% | 2,8 M € | -0.6% | 2,8 M € | -6.2% | 3 M € | -2.5% | 3 M € | +1.6% | 3 M € | -9.6% | 3,3 M € | -4.4% | 3,5 M € | -5.6% | 3,7 M € | -2.4% | 3,8 M € | +7.9% | 3,5 M € | -9.1% | 3,8 M € | +66.1% | 2,3 M € | -7.4% | 2,5 M € | +102% | 1,2 M € |
| Cash | 122,9 k € | +52.8% | 80,4 k € | -20.8% | 101,5 k € | +24.3% | 81,7 k € | -30.6% | 117,7 k € | +285% | 30,6 k € | -86.2% | 221,2 k € | +252% | 62,9 k € | -57.4% | 147,8 k € | +756% | 17,3 k € | -89.5% | 163,7 k € | +115% | 76,3 k € | -9.2% | 84 k € | +27.8% | 65,8 k € | -58.1% | 157 k € | +64.2% | 95,6 k € | +100% | 47,7 k € | +10.5% | 43,2 k € | -58.7% | 104,5 k € | +134% | 44,7 k € |
| Debts | 907,4 k € | -9.9% | 1 M € | -0.6% | 1 M € | +22.8% | 825,3 k € | -24.4% | 1,1 M € | +1.9% | 1,1 M € | -17.7% | 1,3 M € | -1.4% | 1,3 M € | -6.4% | 1,4 M € | -10.2% | 1,6 M € | +0.0% | 1,6 M € | -10.1% | 1,7 M € | -11.8% | 2 M € | -5.7% | 2,1 M € | -3.8% | 2,2 M € | -3.8% | 2,3 M € | -13.2% | 2,6 M € | +98.5% | 1,3 M € | -23.9% | 1,7 M € | +238% | 511,5 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 22,2 ETP | -5.5% | 23,5 ETP | +2.2% | 23,0 ETP | +1.3% | 22,7 ETP | -9.9% | 25,2 ETP | -1.6% | 25,6 ETP | +6.2% | 24,1 ETP | +6.6% | 22,6 ETP | -4.2% | 23,6 ETP | -4.1% | 24,6 ETP | +7.9% | 22,8 ETP | -0.4% | 22,9 ETP | -0.4% | 23,0 ETP | -4.2% | 24,0 ETP | -0.8% | 24,2 ETP | +8.0% | 22,4 ETP | +10.9% | 20,2 ETP | +2.0% | 19,8 ETP | +23.0% | 16,1 ETP | +4.5% | 15,4 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 18 ended
Active mandates
Didier Govaert
ActiveIgnace Govaert
ActiveKristof Govaert
ActiveEnded mandates
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full 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 | 31/08/2026 | 30/06/2025 | 26/08/2024 | 21/08/2023 | 13/09/2022 | 04/10/2021 |
| General meeting | 31/08/2026 | 31/05/2025 | 25/05/2024 | 27/05/2023 | 30/06/2022 | 30/06/2021 |
| 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 |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 31/08/2026 | 31/08/2026 | Dutch | |
| Abridged model | 31/12/2024 | 31/05/2025 | 30/06/2025 | Dutch | |
| Abridged model | 31/12/2023 | 25/05/2024 | 26/08/2024 | Dutch | |
| Abridged model | 31/12/2022 | 27/05/2023 | 21/08/2023 | Dutch | |
| Abridged model | 31/12/2021 | 30/06/2022 | 13/09/2022 | Dutch | |
| Abridged model | 31/12/2020 | 30/06/2021 | 04/10/2021 | Dutch | |
| Abridged model | 31/12/2019 | 30/06/2020 | 14/09/2020 | Dutch | |
| Abridged model | 31/12/2018 | 29/06/2019 | 03/10/2019 | Dutch | |
| Abridged model | 31/12/2017 | 30/06/2018 | 31/08/2018 | Dutch | |
| Abridged model | 31/12/2016 | 30/06/2017 | 27/09/2017 | Dutch | |
| Abridged model | 31/12/2015 | 28/05/2016 | 10/06/2016 | Dutch | |
| Abridged model | 31/12/2014 | 30/05/2015 | 26/06/2015 | Dutch | |
| Abridged model | 31/12/2013 | 30/06/2014 | 29/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 31/08/2013 | 23/09/2013 | Dutch | |
| Abridged model | 31/12/2011 | 16/06/2012 | 13/07/2012 | Dutch | |
| Abridged model | 31/12/2010 | 27/08/2011 | 31/08/2011 | Dutch | |
| Abridged model | 31/12/2009 | 28/08/2010 | 10/09/2010 | Dutch | |
| Abridged model | 31/12/2008 | 22/08/2009 | 31/08/2009 | Dutch | |
| Abridged model | 31/12/2007 | 21/06/2008 | 30/06/2008 | Dutch | |
| Abridged model | 31/12/2006 | 29/06/2007 | 04/07/2007 | Dutch |
Valuation
Estimate
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.
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 31/12/2025 · 3 active · 18 ended
Active mandates
Didier Govaert
ActiveIgnace Govaert
ActiveKristof Govaert
ActiveEnded mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates13/05/2026ONTSLAGEN - BENOEMINGEN
- Mandates27/08/2025ONTSLAGEN - BENOEMINGEN
- Other28/12/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - DOEL
- Mandates29/09/2020ONTSLAGEN - BENOEMINGEN
- Mandates14/03/2017ONTSLAGEN - BENOEMINGEN
- Mandates02/10/2014ONTSLAGEN - BENOEMINGEN
- Mandates30/07/2012ONTSLAGEN - BENOEMINGEN
- Registered office02/12/2009MAATSCHAPPELIJKE ZETEL
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
- 2025Annual accounts 202592,6 k €↓
- 2024Annual accounts 2024177,8 k €↑
- 2023Annual accounts 2023121 k €↑
- 2023Name changeBecaus
- 2022Annual accounts 202293,9 k €↓
- 2021Annual accounts 2021112,5 k €↑
- 2020Annual accounts 202072,7 k €↓
- 2019Annual accounts 2019109,2 k €↑
- 2018Annual accounts 201887,3 k €↓
- 2017Annual accounts 201798,6 k €↑
- 2016Annual accounts 201661,1 k €↑
- 2015Annual accounts 20152,4 k €↓
- 2014Annual accounts 201494,4 k €↑
- 2013Annual accounts 2013-65,9 k €↓
- 2012Annual accounts 201210,7 k €↓
- 2011Annual accounts 2011277,5 k €↑
- 2010Annual accounts 2010-11,9 k €↓
- 2009Annual accounts 2009159 k €↑
- 2008Annual accounts 2008118,6 k €↓
- 2007Annual accounts 2007122,8 k €↑
- 2006Annual accounts 2006103,2 k €
- 2006Name changeBecaus Wim
- 01/04/1988IncorporationPublic limited company