ACTIVE

BAYART

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
670,4 k €
+51.6% YoY
Gross margin
3,3 M €
+12.0% YoY
Equity
3,2 M €
+23.0% YoY
Workforce
31,2 ETP
+10.6% YoY

What does BAYART do?

BAYART is a Public limited company incorporated in 1993. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Kortrijk. It employs on average 31,2 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0451.790.663
Incorporation
23/12/1993
Legal form
Public limited company
Registered office
Oudenaardsesteenweg(Kor) 367
8500 Kortrijk · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
31,2 ETP
Activities (NACE)
25110Manufacture of metal structures and parts of structures· main25110Manufacture of metal structures and parts of structures25530Forging, pressing, stamping and roll-forming of metal; powder metallurgy25620Machining28110Manufacture of engines and turbines, except aircraft, vehicle and cycle engines28520Manufacture of machinery and equipment n.e.c.+6
Joint committees (2)
  • 111
  • 209
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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 10 financial years

2025202420232022202120102009200820072006
Income statement
Gross margin3,3 M €2,9 M €3,2 M €2,4 M €2,6 M €–––––
EBITDA1,1 M €938 k €1,3 M €827,2 k €679,3 k €1 M €1 M €1,7 M €1,6 M €1,5 M €
Operating result570,7 k €577 k €1 M €632,2 k €454,2 k €704 k €596,9 k €1,3 M €1,3 M €1,2 M €
Net result670,4 k €442,4 k €771 k €475,7 k €342,9 k €736,7 k €755,6 k €1,2 M €1,1 M €1 M €
Balance sheet
Equity3,2 M €2,6 M €2,2 M €1,4 M €4,7 M €8,5 M €7,7 M €7 M €5,8 M €4,7 M €
Total assets5,8 M €4,9 M €5,4 M €7,1 M €6,1 M €10 M €9 M €8,8 M €7,1 M €6 M €
Cash227,8 k €221,4 k €264,9 k €1,2 M €794,3 k €3,3 M €4,1 M €3,7 M €2,4 M €1,3 M €
Debts2,5 M €2,3 M €3,2 M €5,6 M €1,4 M €1,4 M €1,1 M €1,8 M €1,3 M €1,3 M €
Other
Workforce31,2 ETP28,2 ETP27,5 ETP26,0 ETP33,0 ETP44,6 ETP42,1 ETP51,4 ETP60,6 ETP60,6 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 · 25 ended

Active mandates

Eddy Bayart

Director · since 20 septembre 2023 · until 27 mai 2028

Active
MECOBEN

Managing director · since 20 septembre 2023 · until 27 mai 2028 · 0808.778.575

Represented by Benoit Bayart

Active

Ended mandates

Eddy Bayart

Director · since 06 juillet 2022 · until 06 juillet 2028

Ended
MECOBEN

Managing director · since 06 juillet 2022 · until 06 juillet 2028 · 0808.778.575

Represented by Benoit Bayart

Ended
BASCO

Director · since 27 mai 2017 · until 27 juin 2019 · 0439.177.495

Represented by Benoit Bayart

Ended
BASCO

Director · since 27 mai 2017 · until 28 mai 2022 · 0439.177.495

Represented by Benoit Bayart

Ended
At this address

Other companies at this address

CompanyCBE no.
BASCO● Active
0439.177.495
IMMO BASCO● Active
1003.526.564
YBAKOR● Active
0450.292.707
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/07/202630/07/202531/07/202420/07/202329/07/202229/07/2021
General meeting30/06/202624/07/202530/06/202430/06/202305/07/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202630/07/2026DutchPDF
Abridged model31/12/202424/07/202530/07/2025DutchPDF
Abridged model31/12/202330/06/202431/07/2024DutchPDF
Abridged model31/12/202230/06/202320/07/2023DutchPDF
Abridged model31/12/202105/07/202229/07/2022DutchPDF
Abridged model31/12/202030/06/202129/07/2021DutchPDF
Abridged model31/12/201908/07/202030/07/2020DutchPDF
Abridged model31/12/201827/06/201916/07/2019DutchPDF
Abridged model31/12/201729/06/201829/06/2018DutchPDF
Abridged model31/12/201627/05/201716/06/2017DutchPDF
Full model31/12/201525/06/201612/07/2016DutchPDF
Full model31/12/201427/06/201516/07/2015DutchPDF
Full model31/12/201315/07/201428/08/2014DutchPDF
Full model31/12/201229/06/201326/07/2013DutchPDF
Full model31/12/201130/06/201231/08/2012DutchPDF
Full model31/12/201028/05/201129/07/2011DutchPDF
Full model31/12/200929/05/201029/07/2010DutchPDF
Full model31/12/200830/05/200927/07/2009DutchPDF
Full model31/12/200731/05/200830/08/2008DutchPDF
Full model31/12/200626/05/200731/08/2007DutchPDF
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 · 25 ended

Active mandates

Eddy Bayart

Director · since 20 septembre 2023 · until 27 mai 2028

Active
MECOBEN

Managing director · since 20 septembre 2023 · until 27 mai 2028 · 0808.778.575

Represented by Benoit Bayart

Active

Ended mandates

Eddy Bayart

Director · since 06 juillet 2022 · until 06 juillet 2028

Ended
MECOBEN

Managing director · since 06 juillet 2022 · until 06 juillet 2028 · 0808.778.575

Represented by Benoit Bayart

Ended
BASCO

Director · since 27 mai 2017 · until 27 juin 2019 · 0439.177.495

Represented by Benoit Bayart

Ended
BASCO

Director · since 27 mai 2017 · until 28 mai 2022 · 0439.177.495

Represented by Benoit Bayart

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates04/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/08/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/10/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/11/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/05/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/07/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/02/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/09/2005
    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

Timeline

  1. 2025
    Annual accounts 2025670,4 k €↑
  2. 2024
    Annual accounts 2024442,4 k €↓
  3. 2023
    Annual accounts 2023771 k €↑
  4. 2022
    Annual accounts 2022475,7 k €↑
  5. 2021
    Annual accounts 2021342,9 k €↓
  6. 2010
    Annual accounts 2010736,7 k €↓
  7. 2009
    Annual accounts 2009755,6 k €↓
  8. 2008
    Annual accounts 20081,2 M €↑
  9. 2007
    Annual accounts 20071,1 M €↑
  10. 2006
    Annual accounts 20061 M €
  11. 23/12/1993
    IncorporationPublic limited company