ACTIVE

BAVENCO

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Financial year 2025 · closed on 31/12/2025

Net result

118,3 k €

+163.9% YoY

Gross margin

199,5 k €

+84.5% YoY

Equity

854,6 k €

+16.1% YoY

Workforce

0,0 ETP

What does BAVENCO do?

BAVENCO is a Public limited company incorporated in 1989. Its registered office is in Sint-Niklaas.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0438.680.520

Incorporation

20/10/1989

Legal form

Public limited company

Registered office

Regentiestraat 44 box 6
9100 Sint-Niklaas · FlandreSee on map

Contributed capital

78 545,38 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	199,5 k €	+84.5%	108,1 k €	+36.2%	79,4 k €	-19.0%	98 k €	+48.6%	65,9 k €	-23.2%	85,8 k €	+16.5%	73,6 k €	+3.0%	71,5 k €	-10.2%	79,6 k €	+119%	36,4 k €	-44.6%	65,7 k €	+7.9%	60,9 k €	+0.4%	60,6 k €	-42.3%	105,1 k €	+8.6%	96,9 k €	+9.4%	88,6 k €	-12.3%	101 k €	+22.9%	82,2 k €	+7.2%	76,7 k €
EBITDA	185,5 k €	+102%	91,8 k €	+39.6%	65,7 k €	-23.4%	85,8 k €	+59.1%	54 k €	-28.0%	74,9 k €	+19.0%	63 k €	+4.6%	60,2 k €	-13.4%	69,5 k €	+158%	27 k €	-51.9%	56 k €	+8.7%	51,5 k €	-0.0%	51,6 k €	-44.0%	92,1 k €	+12.6%	81,8 k €	+11.3%	73,5 k €	-15.1%	86,6 k €	+26.9%	68,3 k €	+11.5%	61,2 k €
Operating result	159,8 k €	+180%	57,1 k €	+84.2%	31 k €	-22.0%	39,8 k €	+481%	6,9 k €	-65.9%	20,1 k €	-11.0%	22,6 k €	+13.9%	19,8 k €	-30.9%	28,7 k €	+267%	-17,2 k €	-178%	22,1 k €	+17.8%	18,8 k €	-8.3%	20,5 k €	-67.4%	62,9 k €	+34.4%	46,8 k €	+17.8%	39,7 k €	-24.3%	52,5 k €	+62.0%	32,4 k €	+16.1%	27,9 k €
Net result	118,3 k €	+164%	44,8 k €	+66.9%	26,9 k €	-0.3%	26,9 k €	+1268%	2 k €	-84.8%	13 k €	-7.5%	14 k €	+15.1%	12,2 k €	-51.7%	25,2 k €	+248%	-17 k €	-172%	23,6 k €	+34.6%	17,5 k €	-21.3%	22,3 k €	-85.0%	148,4 k €	+274%	39,7 k €	+26.0%	31,5 k €	-12.4%	36 k €	+115%	16,7 k €	+41.0%	11,8 k €
Balance sheet
Equity	854,6 k €	+16.1%	736,3 k €	+6.5%	691,5 k €	+4.0%	664,6 k €	+4.2%	637,7 k €	+3.9%	613,8 k €	+2.2%	600,9 k €	+2.4%	586,9 k €	+2.1%	574,7 k €	+4.6%	549,5 k €	-3.0%	566,5 k €	+4.4%	542,8 k €	-36.4%	853,3 k €	+2.7%	831 k €	+21.7%	682,6 k €	+6.2%	642,9 k €	+5.2%	611,4 k €	+6.3%	575,4 k €	+3.0%	558,7 k €
Total assets	929,8 k €	+16.2%	799,9 k €	+4.3%	766,7 k €	-3.1%	791,5 k €	+0.5%	787,7 k €	+1.0%	779,9 k €	+18.7%	657 k €	+2.9%	638,7 k €	+1.7%	628,1 k €	+3.3%	608 k €	+5.6%	575,6 k €	+3.0%	559,1 k €	-41.4%	954,8 k €	-0.5%	959,4 k €	+20.3%	797,3 k €	+0.1%	796,3 k €	-3.9%	828,4 k €	-2.6%	850,7 k €	+2.2%	832,8 k €
Cash	441,4 k €	+301%	110 k €	+6.3%	103,5 k €	-42.8%	181,1 k €	+43.5%	126,2 k €	+186%	44,1 k €	-69.4%	144 k €	+74.7%	82,4 k €	+67.3%	49,2 k €	+169%	18,3 k €	-85.2%	123,5 k €	+30.7%	94,5 k €	-80.1%	474,1 k €	-2.1%	484,1 k €	+803%	53,6 k €	+23.8%	43,3 k €	+3.6%	41,8 k €	+29.0%	32,4 k €	+125%	14,4 k €
Debts	75,2 k €	+18.2%	63,6 k €	-15.4%	75,2 k €	-39.8%	125 k €	-15.8%	148,4 k €	-10.7%	166,1 k €	+196%	56,1 k €	+8.2%	51,8 k €	-2.0%	52,9 k €	-9.7%	58,6 k €	+537%	9,2 k €	-43.6%	16,3 k €	-84.0%	101,5 k €	-21.0%	128,4 k €	+11.9%	114,7 k €	-25.2%	153,5 k €	-29.3%	217,1 k €	-21.2%	275,3 k €	+0.4%	274,1 k €
Other
Workforce	0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 11 ended

Active mandates

Monique Vermeulen

Director · since 31 mai 2025 · until 31 mai 2031

Active

Nancy Batens

Director · since 31 mai 2025 · until 31 mai 2031

Active

Raoul Batens

Director · since 31 mai 2025 · until 31 mai 2031

Active

Ended mandates

Monique Vermeulen

Director · since 31 mai 2020 · until 31 mai 2025

Ended

Nancy Batens

Director · since 31 mai 2020 · until 31 mai 2025

Ended

Raoul Batens

Director · since 31 mai 2020 · until 31 mai 2025

Ended

Raoul Batens

Managing director · since 31 mai 2020 · until 31 mai 2025

Ended

At this address

Other companies at this address

Company	CBE no.
Bavenco Plus● Active	0800.090.147
LACOMMA● Active	0475.300.592
THE HAIR COMPANY● Bankrupt	0475.025.034
WILCO● Active	0445.349.170

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Micro model	Micro model	Micro model	Abridged model	Micro 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	23/06/2026	11/06/2025	12/06/2024	15/06/2023	19/07/2022	27/09/2021
General meeting	31/05/2026	31/05/2025	29/05/2024	31/05/2023	31/05/2022	31/05/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	31/05/2026	23/06/2026	Dutch	PDF
Micro model	31/12/2024	31/05/2025	11/06/2025	Dutch	PDF
Micro model	31/12/2023	29/05/2024	12/06/2024	Dutch	PDF
Micro model	31/12/2022	31/05/2023	15/06/2023	Dutch	PDF
Abridged model	31/12/2021	31/05/2022	19/07/2022	Dutch	PDF
Micro model	31/12/2020	31/05/2021	27/09/2021	Dutch	PDF
Abridged model	31/12/2019	31/05/2020	22/09/2020	Dutch	PDF
Abridged model	31/12/2018	31/05/2019	22/08/2019	Dutch	PDF
Abridged model	31/12/2017	31/05/2018	18/06/2018	Dutch	PDF
Abridged model	31/12/2016	31/05/2017	21/06/2017	Dutch	PDF
Abridged model	31/12/2015	31/05/2016	16/08/2016	Dutch	PDF
Abridged model	31/12/2014	31/05/2015	18/06/2015	Dutch	PDF
Abridged model	31/12/2013	31/05/2014	19/06/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	21/08/2013	Dutch	PDF
Abridged model	31/12/2011	31/05/2012	09/07/2012	Dutch	PDF
Abridged model	31/12/2010	31/05/2011	01/06/2011	Dutch	PDF
Abridged model	31/12/2009	31/05/2010	17/06/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	29/06/2009	Dutch	PDF
Abridged model	31/12/2007	31/05/2008	02/06/2008	Dutch	PDF
Abridged model	31/12/2006	31/05/2007	21/06/2007	Dutch	PDF

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.

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 11 ended

Active mandates

Monique Vermeulen

Director · since 31 mai 2025 · until 31 mai 2031

Active

Nancy Batens

Director · since 31 mai 2025 · until 31 mai 2031

Active

Raoul Batens

Director · since 31 mai 2025 · until 31 mai 2031

Active

Ended mandates

Monique Vermeulen

Director · since 31 mai 2020 · until 31 mai 2025

Ended

Nancy Batens

Director · since 31 mai 2020 · until 31 mai 2025

Ended

Raoul Batens

Director · since 31 mai 2020 · until 31 mai 2025

Ended

Raoul Batens

Managing director · since 31 mai 2020 · until 31 mai 2025

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other08/09/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates05/08/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/09/2013
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares24/07/2013
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares25/01/2012
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates30/06/2009
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/08/2007
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025118,3 k €↑
2024
Annual accounts 202444,8 k €↑
2023
Annual accounts 202326,9 k €↓
2022
Annual accounts 202226,9 k €↑
2021
Annual accounts 20212 k €↓
2019
Annual accounts 201913 k €↓
2018
Annual accounts 201814 k €↑
2017
Annual accounts 201712,2 k €↓
2016
Annual accounts 201625,2 k €↑
2015
Annual accounts 2015-17 k €↓
2014
Annual accounts 201423,6 k €↑
2013
Annual accounts 201317,5 k €↓
2012
Annual accounts 201222,3 k €↓
2011
Annual accounts 2011148,4 k €↑
2010
Annual accounts 201039,7 k €↑
2009
Annual accounts 200931,5 k €↓
2008
Annual accounts 200836 k €↑
2007
Annual accounts 200716,7 k €↑
2006
Annual accounts 200611,8 k €
20/10/1989
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

BAVENCO

Overview

What does BAVENCO do?

Trend over 19 financial years

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