ACTIVE

BEP EUROPE

Export PDF

Financial year 2024 · closed on 31/12/2024

Net result

3,2 M €

+583.9% YoY

Revenue

50 M €

+10.5% YoY

Equity

35,5 M €

+9.9% YoY

Workforce

153,8 ETP

+6.7% YoY

What does BEP EUROPE do?

BEP EUROPE is a Public limited company incorporated in 1996. Its main activity is: Manufacture of instruments and appliances for measuring, testing and navigation. Its registered office is in Brugge. It employs on average 153,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0459.136.830

Incorporation

31/10/1996

Legal form

Public limited company

Registered office

Ten Briele 6
8200 Brugge · FlandreSee on map

Contributed capital

3 916 717,69 €

Latest accounts

31/12/2024

Average workforce

153,8 ETP

Activities (NACE)

26510Manufacture of instruments and appliances for measuring, testing and navigation· main 26510Manufacture of instruments and appliances for measuring, testing and navigation 28990Manufacture of other special-purpose machinery n.e.c.28990Manufacture of other special-purpose machinery n.e.c.29564Manufacture of motor vehicles, trailers and semi-trailers 33201Installation of industrial machinery and equipment+2

Joint committees (2)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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 15 financial years

	2024		2023		2022		2021		2016		2015		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	50 M €	+10.5%	45,3 M €	+6.1%	42,7 M €	+11.6%	38,2 M €	+51.4%	25,2 M €	-8.2%	27,5 M €	-36.0%	43 M €	+37.1%	31,4 M €	-27.4%	43,2 M €	+73.0%	25 M €	+65.8%	15,1 M €	+18.4%	12,7 M €	-31.4%	18,6 M €	-29.4%	26,3 M €	+78.1%	14,8 M €
EBITDA	6,4 M €	+87.6%	3,4 M €	-19.9%	4,3 M €	+0.2%	4,3 M €	-32.0%	6,3 M €	+9.7%	5,7 M €	+74.1%	3,3 M €	+43.4%	2,3 M €	+28.7%	1,8 M €	-21.1%	2,3 M €	+227%	691,3 k €	+8.3%	638,3 k €	+6.5%	599,1 k €	-8.5%	654,7 k €	+331%	152,1 k €
Operating result	5,8 M €	+122%	2,6 M €	-29.9%	3,7 M €	-6.4%	4 M €	-29.4%	5,6 M €	+10.2%	5,1 M €	+73.7%	3 M €	+53.6%	1,9 M €	+18.7%	1,6 M €	-16.9%	1,9 M €	+309%	476,8 k €	+39.3%	342,2 k €	+22.4%	279,5 k €	+1.1%	276,5 k €	+408%	-89,7 k €
Net result	3,2 M €	+584%	467,9 k €	-78.7%	2,2 M €	-17.0%	2,6 M €	-7.6%	2,9 M €	-6.3%	3,1 M €	+47.3%	2,1 M €	+68.0%	1,2 M €	+11.5%	1,1 M €	-24.1%	1,5 M €	+151%	581,9 k €	+175%	211,8 k €	+559%	-46,2 k €	-1515%	3,3 k €	+101%	-286,2 k €
Balance sheet
Equity	35,5 M €	+9.9%	32,3 M €	+1.5%	31,8 M €	+7.4%	29,6 M €	+57.1%	18,8 M €	+18.0%	16 M €	+23.7%	12,9 M €	+19.2%	10,8 M €	+12.9%	9,6 M €	+13.1%	8,5 M €	+20.8%	7 M €	+9.0%	6,4 M €	+3.4%	6,2 M €	-0.7%	6,3 M €	+0.1%	6,3 M €
Total assets	60,1 M €	-14.9%	70,6 M €	-2.0%	72,1 M €	+21.7%	59,2 M €	+17.0%	50,6 M €	-59.0%	123,6 M €	+226%	37,9 M €	+30.0%	29,2 M €	-2.8%	30 M €	+47.6%	20,3 M €	+18.1%	17,2 M €	+33.4%	12,9 M €	-16.6%	15,5 M €	-18.2%	18,9 M €	+6.9%	17,7 M €
Cash	2,1 M €	+2.8%	2 M €	+95.4%	1 M €	-17.6%	1,2 M €	-39.0%	2 M €	-12.3%	2,3 M €	-49.2%	4,6 M €	-53.8%	9,9 M €	+626%	1,4 M €	+612%	192,2 k €	-93.6%	3 M €	+8.0%	2,8 M €	+5362%	51,3 k €	-95.6%	1,2 M €	+153%	462,9 k €
Debts	24,2 M €	-35.7%	37,7 M €	-5.5%	39,9 M €	+38.9%	28,7 M €	-5.3%	30,3 M €	-71.3%	105,6 M €	+680%	13,5 M €	-24.9%	18 M €	-10.3%	20,1 M €	+73.0%	11,6 M €	+16.1%	10 M €	+59.6%	6,3 M €	-30.7%	9 M €	-26.9%	12,4 M €	+12.9%	11 M €
Other
Workforce	153,8 ETP	+6.7%	144,1 ETP	+6.2%	135,7 ETP	0.0%	135,7 ETP	+6.4%	127,5 ETP	+9.2%	116,8 ETP	+12.4%	103,9 ETP	+6.6%	97,5 ETP	+7.4%	90,8 ETP	+8.0%	84,1 ETP	+4.6%	80,4 ETP	-2.3%	82,3 ETP	-10.1%	91,5 ETP	-7.9%	99,3 ETP	-0.3%	99,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 8 active · 34 ended

Active mandates

Hubert Lepoudre

Gedelegeerd bestuurder · since 31 mars 2025 · until 28 juin 2030

Active

Nagy Bejjami

Gedelegeerd bestuurder · since 30 septembre 2024 · until 31 mars 2025

Active

Scott Watts

Gedelegeerd bestuurder · since 30 septembre 2024 · until 31 mars 2025

Active

Uwe Krueger

Gedelegeerd bestuurder · since 30 septembre 2024 · until 28 juin 2030

Active

Bert Vermeersch

Gedelegeerd bestuurder · since 21 décembre 2022 · until 25 juin 2027

Active

Gabrial Diab

Gedelegeerd bestuurder · since 21 décembre 2022 · until 30 septembre 2024

Active

Jeffrey Moss

Gedelegeerd bestuurder · since 21 décembre 2022 · until 30 septembre 2024

Active

Nico De Freest

Gedelegeerd bestuurder · since 24 juin 2022 · until 30 septembre 2024

Active

Ended mandates

Gabrial Diab

Gedelegeerd bestuurder · since 21 décembre 2022 · until 25 juin 2027

Ended

Jeffrey Moss

Gedelegeerd bestuurder · since 21 décembre 2022 · until 25 juin 2027

Ended

Nico De Freest

Gedelegeerd bestuurder · since 24 juin 2022 · until 30 juin 2028

Ended

Bert Vermeersch

Bestuurder · since 29 juin 2018 · until 28 juin 2024

Ended

At this address

Other companies at this address

Company	CBE no.
BPG Global Holdings Belgium● Active	0736.310.469
BPG Holdings III● Active	0788.908.918

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	01/07/2025	30/07/2024	25/07/2023	29/07/2022	06/07/2021	09/07/2020
General meeting	27/06/2025	28/06/2024	30/06/2023	24/06/2022	25/06/2021	26/06/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	27/06/2025	01/07/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	30/07/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	25/07/2023	Dutch	PDF
Full model	31/12/2021	24/06/2022	29/07/2022	Dutch	PDF
Full model	31/12/2020	25/06/2021	06/07/2021	Dutch	PDF
Full model	31/12/2019	26/06/2020	09/07/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	03/07/2019	Dutch	PDF
Full model	31/12/2017	29/06/2018	06/07/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	24/07/2017	Dutch	PDF
Full model	31/12/2015	23/09/2016	30/09/2016	Dutch	PDF
Full model	31/03/2015	26/06/2015	16/07/2015	Dutch	PDF
Full model	31/03/2014	27/06/2014	01/07/2014	Dutch	PDF
Full model	31/03/2013	28/06/2013	09/07/2013	Dutch	PDF
Full model	31/03/2012	29/06/2012	09/07/2012	Dutch	PDF
Full model	31/03/2011	24/06/2011	06/07/2011	Dutch	PDF
Full model	31/03/2010	25/06/2010	12/07/2010	Dutch	PDF
Full model	31/03/2009	26/06/2009	07/07/2009	Dutch	PDF
Full model	31/03/2008	27/06/2008	14/07/2008	Dutch	PDF
Full model	31/03/2007	29/06/2007	12/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 31/12/2024 · 8 active · 34 ended

Active mandates

Hubert Lepoudre

Gedelegeerd bestuurder · since 31 mars 2025 · until 28 juin 2030

Active

Nagy Bejjami

Gedelegeerd bestuurder · since 30 septembre 2024 · until 31 mars 2025

Active

Scott Watts

Gedelegeerd bestuurder · since 30 septembre 2024 · until 31 mars 2025

Active

Uwe Krueger

Gedelegeerd bestuurder · since 30 septembre 2024 · until 28 juin 2030

Active

Bert Vermeersch

Gedelegeerd bestuurder · since 21 décembre 2022 · until 25 juin 2027

Active

Gabrial Diab

Gedelegeerd bestuurder · since 21 décembre 2022 · until 30 septembre 2024

Active

Jeffrey Moss

Gedelegeerd bestuurder · since 21 décembre 2022 · until 30 septembre 2024

Active

Nico De Freest

Gedelegeerd bestuurder · since 24 juin 2022 · until 30 septembre 2024

Active

Ended mandates

Gabrial Diab

Gedelegeerd bestuurder · since 21 décembre 2022 · until 25 juin 2027

Ended

Jeffrey Moss

Gedelegeerd bestuurder · since 21 décembre 2022 · until 25 juin 2027

Ended

Nico De Freest

Gedelegeerd bestuurder · since 24 juin 2022 · until 30 juin 2028

Ended

Bert Vermeersch

Bestuurder · since 29 juin 2018 · until 28 juin 2024

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring29/07/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring26/05/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates24/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/11/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other04/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
PDF
Mandates09/03/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/10/2022
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

31/03/2025
nominationHubert Lepoudre — bestuurder en gedelegeerd bestuurder
2024
Annual accounts 20243,2 M €↑
30/09/2024
nominationScott Watts — bestuurder en gedelegeerd bestuurder
30/09/2024
nominationNagy Bejjami — bestuurder en gedelegeerd bestuurder
30/09/2024
nominationUwe Krueger — bestuurder en gedelegeerd bestuurder
2023
Annual accounts 2023467,9 k €↓
2022
Annual accounts 20222,2 M €↓
21/12/2022
nominationGabriel Diab — bestuurder en gedelegeerd bestuurder
21/12/2022
nominationJeffrey Moss — bestuurder en gedelegeerd bestuurder
21/12/2022
nominationBert Vermeersch — bestuurder en gedelegeerd bestuurder
2021
Annual accounts 20212,6 M €↓
2016
Annual accounts 20162,9 M €↓
2015
Annual accounts 20153,1 M €↑
2015
Annual accounts 20152,1 M €↑
2014
Annual accounts 20141,2 M €↑
2013
Annual accounts 20131,1 M €↓
2012
Annual accounts 20121,5 M €↑
2011
Annual accounts 2011581,9 k €↑
2010
Annual accounts 2010211,8 k €↑
2009
Annual accounts 2009-46,2 k €↓
2008
Annual accounts 20083,3 k €↑
2007
Annual accounts 2007-286,2 k €
31/10/1996
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

BEP EUROPE

Overview

What does BEP EUROPE do?

Trend over 15 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