ACTIVE

BACAF

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

251,1 k €

+82.9% YoY

Gross margin

1,3 M €

+4.1% YoY

Equity

3,1 M €

-18.6% YoY

Workforce

0,0 ETP

What does BACAF do?

BACAF is a Public limited company incorporated in 1990. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Harelbeke.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0442.920.707

Incorporation

26/12/1990

Legal form

Public limited company

Registered office

Rijksweg 33
8531 Harelbeke · FlandreSee on map

Contributed capital

1 324 675,58 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

68201Rental and operating of own or leased real estate· main 68201Rental and operating of own or leased real estate

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2009		2008		2007		2006
Income statement
Gross margin	1,3 M €	+4.1%	1,2 M €	-42.4%	2,1 M €	+82.7%	1,1 M €	-16.2%	1,4 M €	-11.3%	1,5 M €	+14.3%	1,3 M €	+27.8%	1,1 M €	+8.7%	970,3 k €	-2.0%	990,0 k €	+1.8%	972,7 k €	+25.8%	773,2 k €	-0.3%	775,5 k €	-9.6%	857,9 k €	+11.1%	772,4 k €	+4.5%	739,0 k €	+8.1%	683,9 k €
EBITDA	1,1 M €	-1.1%	1,1 M €	-44.9%	2,0 M €	+83.0%	1,1 M €	-14.7%	1,3 M €	-16.5%	1,5 M €	+14.4%	1,3 M €	+28.3%	1,0 M €	+9.7%	932,4 k €	-2.8%	958,9 k €	+2.4%	936,0 k €	+25.3%	747,0 k €	-0.7%	752,1 k €	-7.6%	814,1 k €	+11.0%	733,7 k €	+5.2%	697,6 k €	+8.2%	644,9 k €
Operating result	474,2 k €	+25.7%	377,2 k €	-70.5%	1,3 M €	+198%	429,4 k €	+2.7%	418,0 k €	-11.3%	471,2 k €	+46.5%	321,6 k €	-19.6%	399,8 k €	+34.6%	297,0 k €	-17.2%	358,9 k €	-2.3%	367,5 k €	+3368%	10,6 k €	-92.2%	135,5 k €	-49.5%	268,2 k €	-32.2%	395,5 k €	-19.7%	492,3 k €	+80.5%	272,7 k €
Net result	251,1 k €	+82.9%	137,3 k €	-83.9%	850,8 k €	+194%	289,5 k €	-5.3%	305,8 k €	-20.6%	385,4 k €	+43.6%	268,4 k €	+3.9%	258,2 k €	-7.2%	278,3 k €	+29.6%	214,7 k €	-22.3%	276,3 k €	+986%	25,4 k €	-78.4%	117,9 k €	-46.4%	219,9 k €	-47.0%	414,8 k €	+26.0%	329,2 k €	-9.6%	364,0 k €
Balance sheet
Equity	3,1 M €	-18.6%	3,8 M €	-24.3%	5,1 M €	+0.9%	5,0 M €	-46.4%	9,4 M €	+11.0%	8,5 M €	+2.2%	8,3 M €	+0.8%	8,2 M €	+1.4%	8,1 M €	+1.6%	8,0 M €	+1.0%	7,9 M €	-1.2%	8,0 M €	-1.3%	8,1 M €	+46.6%	5,5 M €	+1.6%	5,4 M €	+5.5%	5,1 M €	+4.1%	4,9 M €
Total assets	8,1 M €	-8.1%	8,8 M €	-2.1%	9,0 M €	+3.4%	8,7 M €	-22.2%	11,2 M €	-17.1%	13,6 M €	+8.4%	12,5 M €	+25.5%	10,0 M €	+1.6%	9,8 M €	-1.2%	9,9 M €	+0.2%	9,9 M €	-3.3%	10,2 M €	-3.7%	10,6 M €	+40.7%	7,6 M €	+25.5%	6,0 M €	+4.9%	5,7 M €	+0.7%	5,7 M €
Cash	352,7 k €	+59.2%	221,5 k €	-41.7%	379,8 k €	-75.5%	1,6 M €	+149%	622,4 k €	-42.0%	1,1 M €	+12.7%	951,8 k €	+723%	115,6 k €	-60.3%	291,1 k €	-70.6%	989,8 k €	+51.5%	653,3 k €	+296%	164,9 k €	+202%	54,5 k €	-82.7%	314,6 k €	+28.2%	245,4 k €	-27.7%	339,3 k €	+120%	154,3 k €
Debts	4,2 M €	+2.8%	4,1 M €	+32.4%	3,1 M €	-0.9%	3,1 M €	+164%	1,2 M €	-72.4%	4,3 M €	+30.3%	3,3 M €	+342%	740,7 k €	+9.7%	675,3 k €	-25.0%	900,8 k €	+0.6%	895,5 k €	-16.6%	1,1 M €	-17.4%	1,3 M €	-31.0%	1,9 M €	+347%	421,7 k €	-8.1%	458,9 k €	-24.8%	610,6 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 21 ended

Active mandates

ALBERT DE BRABANDERE

Managing director · since 01 juillet 2022 · until 01 juillet 2028

Active

CATHERINE DE BRABANDERE

Managing director · since 01 juillet 2022 · until 01 juillet 2028

Active

Ended mandates

DIDIER MASELIS

Managing director · since 14 juillet 2017 · until 19 juin 2023

Ended

FRANCIS DE BRABANDERE

Director · since 14 juillet 2017 · until 19 juin 2023

Ended

IGNACE DE BRABANDERE

Managing director · since 14 juillet 2017 · until 19 juin 2023

Ended

Sophie De Brabandere

Director · since 14 juillet 2017 · until 19 juin 2023

Ended

At this address

Other companies at this address

Company	CBE no.
BROUWERIJ DE BRABANDERE● Active	0442.443.823

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged 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	19/06/2026	19/06/2025	18/06/2024	10/07/2023	04/07/2022	18/06/2021
General meeting	15/06/2026	16/06/2025	17/06/2024	19/06/2023	20/06/2022	19/05/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	15/06/2026	19/06/2026	Dutch	PDF
Abridged model	31/12/2024	16/06/2025	19/06/2025	Dutch	PDF
Abridged model	31/12/2023	17/06/2024	18/06/2024	Dutch	PDF
Abridged model	31/12/2022	19/06/2023	10/07/2023	Dutch	PDF
Abridged model	31/12/2021	20/06/2022	04/07/2022	Dutch	PDF
Abridged model	31/12/2020	19/05/2021	18/06/2021	Dutch	PDF
Abridged model	31/12/2019	10/06/2020	18/06/2020	Dutch	PDF
Abridged model	31/12/2018	21/05/2019	29/05/2019	Dutch	PDF
Abridged model	31/12/2017	31/05/2018	04/06/2018	Dutch	PDF
Abridged model	31/12/2016	29/06/2017	04/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/05/2016	10/06/2016	Dutch	PDF
Abridged model	31/12/2014	23/06/2015	20/07/2015	Dutch	PDF
Abridged model	31/12/2013	10/06/2014	28/07/2014	Dutch	PDF
Abridged model	31/12/2012	17/06/2013	08/07/2013	Dutch	PDF
Abridged model	31/12/2011	05/06/2012	06/07/2012	Dutch	PDF
Abridged model	31/12/2010	07/06/2011	19/07/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	26/07/2010	Dutch	PDF
Abridged model	31/12/2008	12/05/2009	16/07/2009	Dutch	PDF
Abridged model	31/12/2007	28/04/2008	18/07/2008	Dutch	PDF
Abridged model	31/12/2006	11/06/2007	19/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 2 active · 21 ended

Active mandates

ALBERT DE BRABANDERE

Managing director · since 01 juillet 2022 · until 01 juillet 2028

Active

CATHERINE DE BRABANDERE

Managing director · since 01 juillet 2022 · until 01 juillet 2028

Active

Ended mandates

DIDIER MASELIS

Managing director · since 14 juillet 2017 · until 19 juin 2023

Ended

FRANCIS DE BRABANDERE

Director · since 14 juillet 2017 · until 19 juin 2023

Ended

IGNACE DE BRABANDERE

Managing director · since 14 juillet 2017 · until 19 juin 2023

Ended

Sophie De Brabandere

Director · since 14 juillet 2017 · until 19 juin 2023

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/09/2022
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/07/2022
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Restructuring13/05/2022
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates21/09/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/02/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/09/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/08/2011
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring10/08/2010
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
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 2025251,1 k €↑
2024
Annual accounts 2024137,3 k €↓
2023
Annual accounts 2023850,8 k €↑
2022
Annual accounts 2022289,5 k €↓
2021
Annual accounts 2021305,8 k €↓
2018
Annual accounts 2018385,4 k €↑
2017
Annual accounts 2017268,4 k €↑
2016
Annual accounts 2016258,2 k €↓
2015
Annual accounts 2015278,3 k €↑
2014
Annual accounts 2014214,7 k €↓
2013
Annual accounts 2013276,3 k €↑
2012
Annual accounts 201225,4 k €↓
2011
Annual accounts 2011117,9 k €↓
2009
Annual accounts 2009219,9 k €↓
2008
Annual accounts 2008414,8 k €↑
2007
Annual accounts 2007329,2 k €↓
2006
Annual accounts 2006364,0 k €
26/12/1990
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

BACAF

Overview

What does BACAF do?

Trend over 17 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