ACTIVE

BAZELMANS M.

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Financial year 2025 · closed on 30/11/2025

Net result

215,2 k €

+14.0% YoY

Gross margin

647,4 k €

+21.3% YoY

Equity

1,3 M €

+5.6% YoY

Workforce

2,3 ETP

+43.7% YoY

What does BAZELMANS M. do?

BAZELMANS M. is a Private company with limited liability incorporated in 1997. Its registered office is in Grimbergen. It employs on average 2,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0460.503.342

Incorporation

28/04/1997

Legal form

Private company with limited liability

Registered office

Poddegemstraat 132
1850 Grimbergen · FlandreSee on map

Contributed capital

68 205,32 €

Latest accounts

30/11/2025

Average workforce

2,3 ETP

Joint committees (3)

145
2001414504
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	647,4 k €	+21.3%	533,8 k €	+3.2%	517,2 k €	+97.2%	262,3 k €	-17.5%	317,7 k €	-9.0%	349,3 k €	+137%	147,4 k €	-40.6%	248,3 k €	+16.9%	212,5 k €	-13.9%	246,9 k €	-27.4%	340,3 k €	+92.0%	177,3 k €	-78.1%	810,6 k €	+184%	285,1 k €	-17.5%	345,4 k €	-40.1%	576,9 k €	+54.3%	373,8 k €	+56.2%	239,3 k €	+30.4%	183,6 k €	-46.4%	342,4 k €
EBITDA	460,6 k €	+10.3%	417,6 k €	-5.9%	444 k €	+128%	194,5 k €	-14.4%	227 k €	-5.5%	240,4 k €	+288%	61,9 k €	-61.4%	160,5 k €	+6.6%	150,5 k €	-15.2%	177,3 k €	-38.9%	290,3 k €	+138%	121,7 k €	-83.0%	715,4 k €	+271%	193 k €	-19.3%	239 k €	-47.4%	454,7 k €	+78.9%	254,2 k €	+111%	120,7 k €	+13.8%	106,1 k €	-60.8%	270,3 k €
Operating result	306,6 k €	+16.0%	264,3 k €	-1.2%	267,4 k €	+177%	96,6 k €	-37.3%	154,1 k €	-13.4%	177,9 k €	+1148%	-17 k €	-122%	77,4 k €	+66.4%	46,5 k €	-5.3%	49,2 k €	-72.0%	175,5 k €	+947%	16,8 k €	-97.0%	564,1 k €	+738%	67,3 k €	-44.2%	120,7 k €	-62.2%	319,7 k €	+340%	72,6 k €	+78.3%	40,7 k €	+3860%	-1,1 k €	-101%	154,9 k €
Net result	215,2 k €	+14.0%	188,7 k €	+0.3%	188,2 k €	+182%	66,8 k €	-37.6%	107,1 k €	-14.0%	124,6 k €	+885%	-15,9 k €	-131%	51 k €	+49.8%	34 k €	-6.1%	36,3 k €	-51.7%	75 k €	+276%	19,9 k €	-95.3%	422,1 k €	+1015%	37,8 k €	-57.0%	87,9 k €	-58.4%	211,4 k €	+279%	55,8 k €	+100%	27,9 k €	+29056%	-96,3 €	-100%	123,6 k €
Balance sheet
Equity	1,3 M €	+5.6%	1,2 M €	+17.7%	1 M €	+46.6%	695,9 k €	+10.6%	629 k €	+20.2%	523,5 k €	-41.6%	896 k €	-1.7%	911,9 k €	+5.9%	860,9 k €	+4.1%	826,8 k €	+4.6%	790,6 k €	+10.5%	715,6 k €	+2.9%	695,7 k €	+154%	273,6 k €	+16.1%	235,7 k €	-57.0%	547,8 k €	+62.9%	336,3 k €	+19.9%	280,5 k €	+11.0%	252,6 k €	-19.2%	312,7 k €
Total assets	1,6 M €	+15.0%	1,4 M €	-1.7%	1,4 M €	+50.1%	949,2 k €	-9.5%	1 M €	-12.9%	1,2 M €	+14.7%	1 M €	+6.5%	985,4 k €	+1.5%	970,7 k €	+3.7%	935,9 k €	+2.1%	916,3 k €	+5.6%	868,1 k €	+8.3%	801,8 k €	+14.8%	698,6 k €	+21.5%	575,2 k €	-27.5%	793 k €	+14.1%	695,1 k €	+53.7%	452,4 k €	-10.8%	507 k €	-25.0%	676,4 k €
Cash	777,9 k €	+43.4%	542,6 k €	+49.9%	362 k €	-16.7%	434,5 k €	+14.0%	381,2 k €	+21.2%	314,6 k €	-35.3%	485,9 k €	-2.5%	498,2 k €	+10.2%	452 k €	-10.9%	507,3 k €	-9.8%	562,1 k €	+96.7%	285,8 k €	-1.5%	290,1 k €	+23.0%	235,8 k €	-26.0%	318,6 k €	-6.3%	339,9 k €	+145%	138,8 k €	+761%	16,1 k €	-91.9%	198,6 k €	-39.9%	330,6 k €
Debts	341 k €	+75.2%	194,7 k €	-50.5%	393,3 k €	+60.5%	245 k €	-40.1%	409,2 k €	-39.0%	670,4 k €	+371%	142,3 k €	+128%	62,5 k €	-36.7%	98,8 k €	+0.7%	98,1 k €	-14.4%	114,7 k €	-0.2%	115 k €	+25.7%	91,5 k €	-78.4%	423,4 k €	+25.3%	337,9 k €	+38.6%	243,7 k €	-31.8%	357,3 k €	+110%	169,8 k €	-32.7%	252,4 k €	-30.0%	360,4 k €
Other
Workforce	2,3 ETP	+43.7%	1,6 ETP	+33.3%	1,2 ETP	-7.7%	1,3 ETP	-23.5%	1,7 ETP	-22.7%	2,2 ETP	+10.0%	2,0 ETP	+5.3%	1,9 ETP	+35.7%	1,4 ETP	+7.7%	1,3 ETP		–		1,3 ETP	-35.0%	2,0 ETP	0.0%	2,0 ETP	-16.7%	2,4 ETP	-20.0%	3,0 ETP	0.0%	3,0 ETP	-3.2%	3,1 ETP	+34.8%	2,3 ETP	+4.5%	2,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/11/2025 · 1 active · 3 ended

Active mandates

Michel Bazelmans

Director · since 07 mai 1997

Active

Ended mandates

Michel Bazelmans

Director

Ended

Michel Bazelmans

Administrator - manager

Ended

Michel Bazelmans

Manager

Ended

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	01/12/2024	01/12/2023	01/12/2022	01/12/2021	01/12/2020	01/12/2019
Closing of the financial year	30/11/2025	30/11/2024	30/11/2023	30/11/2022	30/11/2021	30/11/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/05/2026	28/05/2025	12/06/2024	21/06/2023	06/07/2022	01/06/2021
General meeting	26/05/2026	26/05/2025	27/05/2024	15/02/2023	30/05/2022	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	30/11/2025	26/05/2026	29/05/2026	Dutch	PDF
Abridged model	30/11/2024	26/05/2025	28/05/2025	Dutch	PDF
Abridged model	30/11/2023	27/05/2024	12/06/2024	Dutch	PDF
Abridged model	30/11/2022	15/02/2023	21/06/2023	Dutch	PDF
Abridged model	30/11/2021	30/05/2022	06/07/2022	Dutch	PDF
Abridged model	30/11/2020	31/05/2021	01/06/2021	Dutch	PDF
Abridged model	30/11/2019	25/05/2020	26/05/2020	Dutch	PDF
Abridged model	30/11/2018	27/05/2019	11/06/2019	Dutch	PDF
Abridged model	30/11/2017	28/05/2018	21/06/2018	Dutch	PDF
Abridged model	30/11/2016	29/05/2017	25/07/2017	Dutch	PDF
Abridged model	30/11/2015	30/05/2016	02/06/2016	Dutch	PDF
Abridged model	30/11/2014	26/05/2015	30/07/2015	Dutch	PDF
Abridged model	30/11/2013	26/05/2014	01/07/2014	Dutch	PDF
Abridged model	30/11/2012	27/05/2013	26/06/2013	Dutch	PDF
Abridged model	30/11/2011	29/05/2012	30/05/2012	Dutch	PDF
Abridged model	30/11/2010	30/05/2011	25/07/2011	Dutch	PDF
Abridged model	30/11/2009	31/05/2010	28/06/2010	Dutch	PDF
Abridged model	30/11/2008	25/05/2009	23/06/2009	Dutch	PDF
Abridged model	30/11/2007	26/05/2008	15/07/2008	Dutch	PDF
Abridged model	30/11/2006	29/05/2007	01/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 30/11/2025 · 1 active · 3 ended

Active mandates

Michel Bazelmans

Director · since 07 mai 1997

Active

Ended mandates

Michel Bazelmans

Director

Ended

Michel Bazelmans

Administrator - manager

Ended

Michel Bazelmans

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring13/04/2023
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring13/02/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Registered office01/10/2009
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares16/04/2004
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BOEKJAAR
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 2025215,2 k €↑
2025
Name changeBAZELMANS M.
2024
Annual accounts 2024188,7 k €↑
2023
Annual accounts 2023188,2 k €↑
2022
Annual accounts 202266,8 k €↓
2021
Annual accounts 2021107,1 k €↓
2021
Name changeBazelmans Michel
2020
Annual accounts 2020124,6 k €↑
2019
Annual accounts 2019-15,9 k €↓
2018
Annual accounts 201851 k €↑
2017
Annual accounts 201734 k €↓
2016
Annual accounts 201636,3 k €↓
2015
Annual accounts 201575 k €↑
2014
Annual accounts 201419,9 k €↓
2013
Annual accounts 2013422,1 k €↑
2012
Annual accounts 201237,8 k €↓
2011
Annual accounts 201187,9 k €↓
2010
Annual accounts 2010211,4 k €↑
2009
Annual accounts 200955,8 k €↑
2008
Annual accounts 200827,9 k €↑
2007
Annual accounts 2007-96,3 €↓
2006
Annual accounts 2006123,6 k €
28/04/1997
IncorporationPrivate company with limited liability

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

BAZELMANS M.

Overview

What does BAZELMANS M. do?

Trend over 20 financial years

Indicative valuation

Board of directors

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