ACTIVE

B - CABLES

Financial year 2025 · closed on 30/09/2025
Net result
3,7 M €
-41.9% YoY
Revenue
46,7 M €
-5.8% YoY
Equity
25,1 M €
-8.4% YoY
Workforce
14,3 ETP
+3.6% YoY

What does B - CABLES do?

B - CABLES is a Public limited company incorporated in 1992. Its registered office is in Lokeren. It employs on average 14,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0447.830.192
Incorporation
10/07/1992
Legal form
Public limited company
Registered office
Mosten 3
9160 Lokeren · FlandreSee on map
Contributed capital
370 000,00 €
Latest accounts
30/09/2025
Average workforce
14,3 ETP
Joint committees (4)
  • 14904
  • 200
  • 20018
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Revenue46,7 M €49,5 M €53 M €57,3 M €31,5 M €26,8 M €31,8 M €30,2 M €25,7 M €26,1 M €28,6 M €29,6 M €30,6 M €31,9 M €32,6 M €26,9 M €23,6 M €27,1 M €27,9 M €
EBITDA5,3 M €8,3 M €9,5 M €7,9 M €4,3 M €1,9 M €2,3 M €2,2 M €1,9 M €1,9 M €1,8 M €1,5 M €1,8 M €2 M €1,5 M €1,7 M €717,9 k €694,7 k €885 k €706 k €
Operating result5 M €8,3 M €8,4 M €7,9 M €4 M €1,9 M €2,2 M €2,1 M €1,7 M €1,8 M €1,5 M €1,3 M €1,7 M €1,7 M €1,2 M €1,5 M €558,4 k €578,3 k €788,9 k €613,4 k €
Net result3,7 M €6,4 M €6 M €5,6 M €2,8 M €1,2 M €1,4 M €1,3 M €1,1 M €1,1 M €873,5 k €751,5 k €982 k €1,1 M €676,5 k €902,1 k €663,4 k €613,2 k €632,7 k €461,8 k €
Balance sheet
Equity25,1 M €27,4 M €22,3 M €19,4 M €13,8 M €11,5 M €10,6 M €9,5 M €8,7 M €7,9 M €7,3 M €6,9 M €6,6 M €6,2 M €5,1 M €4,4 M €3,5 M €2,9 M €2,3 M €1,6 M €
Total assets33,3 M €31,2 M €26,3 M €25,3 M €16,2 M €12,9 M €13,7 M €12,4 M €12,2 M €11,1 M €9,9 M €11,6 M €10,3 M €9,4 M €11,1 M €10,2 M €8,5 M €7,6 M €6,8 M €7 M €
Cash4,8 M €4,3 M €2,2 M €102,2 k €228,3 k €1,7 M €454,3 k €706,1 k €1 M €2,2 M €96,1 k €113,7 k €366,5 k €690,1 k €202,6 k €1,1 M €206,5 k €539,1 k €424,4 k €446,2 k €
Debts8,2 M €3,7 M €4,1 M €5,8 M €2,4 M €1,4 M €3,1 M €2,9 M €3,4 M €3,3 M €2,5 M €4,7 M €3,7 M €3,1 M €5,9 M €5,7 M €4,9 M €4,7 M €4,3 M €5,2 M €
Other
Workforce14,3 ETP13,8 ETP13,5 ETP14,4 ETP13,9 ETP14,5 ETP16,0 ETP15,0 ETP13,2 ETP12,5 ETP13,0 ETP11,3 ETP13,2 ETP14,3 ETP12,8 ETP11,9 ETP13,4 ETP13,2 ETP14,8 ETP14,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 23 ended

Active mandates

OPTICAL

Director · since 15 décembre 2022 · until 21 mars 2028 · 0456.362.036

Represented by Verbrugge Olivier

Active
Remvic

Director · since 15 décembre 2022 · until 21 mars 2028 · 0838.090.589

Represented by Verbrugge Didier

Active

Ended mandates

Alain Verbrugge

Director · since 20 février 2018 · until 19 mars 2024

Ended
OPTICAL

Managing director · since 20 février 2018 · until 19 mars 2024 · 0456.362.036

Represented by OLIVIER VERBRUGGE

Ended
OPTICAL

Managing director · since 20 février 2018 · until 19 mars 2024 · 0456.362.036

Represented by OLIVIER VERBRUGGE

Ended
Remvic

Chairman of the board of directors · since 20 février 2018 · until 19 mars 2024 · 0838.090.589

Represented by DIDIER VERBRUGGE

Ended
At this address

Other companies at this address

CompanyCBE no.
ALIMActive
0454.853.586
RemvicActive
0838.090.589
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/03/202602/04/202526/03/202421/04/202314/02/202216/03/2021
General meeting17/03/202618/03/202519/03/202421/03/202318/01/202216/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model30/09/202517/03/202627/03/2026DutchPDF
Full model30/09/202418/03/202502/04/2025DutchPDF
Full model30/09/202319/03/202426/03/2024DutchPDF
Full model30/09/202221/03/202321/04/2023DutchPDF
Full model30/09/202118/01/202214/02/2022DutchPDF
Full model30/09/202016/03/202116/03/2021DutchPDF
Full model30/09/201917/03/202018/03/2020DutchPDF
Full model30/09/201819/03/201920/03/2019DutchPDF
Full model30/09/201720/02/201807/03/2018DutchPDF
Full model30/09/201615/12/201621/12/2016DutchPDF
Full model30/09/201515/03/201628/04/2016DutchPDF
Full model30/09/201404/02/201510/03/2015DutchPDF
Full model30/09/201318/03/201430/04/2014DutchPDF
Full model30/09/201219/03/201329/04/2013DutchPDF
Full model30/09/201120/03/201229/03/2012DutchPDF
Full model30/09/201015/03/201128/04/2011DutchPDF
Full model30/09/200916/03/201024/03/2010DutchPDF
Full model30/09/200828/04/200909/07/2009DutchPDF
Full model30/09/200729/04/200823/06/2008DutchPDF
Abridged model30/09/200604/06/200706/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 30/09/2025 · 2 active · 23 ended

Active mandates

OPTICAL

Director · since 15 décembre 2022 · until 21 mars 2028 · 0456.362.036

Represented by Verbrugge Olivier

Active
Remvic

Director · since 15 décembre 2022 · until 21 mars 2028 · 0838.090.589

Represented by Verbrugge Didier

Active

Ended mandates

Alain Verbrugge

Director · since 20 février 2018 · until 19 mars 2024

Ended
OPTICAL

Managing director · since 20 février 2018 · until 19 mars 2024 · 0456.362.036

Represented by OLIVIER VERBRUGGE

Ended
OPTICAL

Managing director · since 20 février 2018 · until 19 mars 2024 · 0456.362.036

Represented by OLIVIER VERBRUGGE

Ended
Remvic

Chairman of the board of directors · since 20 février 2018 · until 19 mars 2024 · 0838.090.589

Represented by DIDIER VERBRUGGE

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/12/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/02/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/04/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/09/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares09/07/2014
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares04/06/2013
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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

Timeline

  1. 2025
    Annual accounts 20253,7 M €
  2. 2024
    Annual accounts 20246,4 M €
  3. 2023
    Annual accounts 20236 M €
  4. 2022
    Annual accounts 20225,6 M €
  5. 2021
    Annual accounts 20212,8 M €
  6. 2020
    Annual accounts 20201,2 M €
  7. 2019
    Annual accounts 20191,4 M €
  8. 2018
    Annual accounts 20181,3 M €
  9. 2017
    Annual accounts 20171,1 M €
  10. 2016
    Annual accounts 20161,1 M €
  11. 2015
    Annual accounts 2015873,5 k €
  12. 2014
    Annual accounts 2014751,5 k €
  13. 2013
    Annual accounts 2013982 k €
  14. 2012
    Annual accounts 20121,1 M €
  15. 2011
    Annual accounts 2011676,5 k €
  16. 2010
    Annual accounts 2010902,1 k €
  17. 2009
    Annual accounts 2009663,4 k €
  18. 2008
    Annual accounts 2008613,2 k €
  19. 2007
    Annual accounts 2007632,7 k €
  20. 2006
    Annual accounts 2006461,8 k €
  21. 10/07/1992
    IncorporationPublic limited company