ACTIVE

BAVACO PROJECTS

Financial year 2025 · closed on 31/12/2025
Net result
-33,1 k €
-215.2% YoY
Gross margin
55,7 k €
-26.6% YoY
Equity
273,1 k €
-10.8% YoY

What does BAVACO PROJECTS do?

BAVACO PROJECTS is a Private limited company incorporated in 2013. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Olen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0543.612.546
Incorporation
18/12/2013
Legal form
Private limited company
Registered office
Vierbeuk 33
2250 Olen · FlandreSee on map
Contributed capital
6 200,01 €
Latest accounts
31/12/2025
Signals
Solid equityLow riskGood liquidityPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Gross margin55,7 k €75,9 k €70,8 k €85,7 k €43,6 k €73,1 k €136,6 k €100,5 k €82,6 k €127,2 k €114,5 k €81 k €
EBITDA52,9 k €73,2 k €65,1 k €82,2 k €40,8 k €42,1 k €133,6 k €95,9 k €58,9 k €126 k €111,2 k €79,2 k €
Operating result23,4 k €52,3 k €46,7 k €63,8 k €26,5 k €43,6 k €118,6 k €80,6 k €43,6 k €114,6 k €99,8 k €73 k €
Net result-33,1 k €28,7 k €29,9 k €40,8 k €15,7 k €5,9 k €-40,3 k €51,9 k €29,1 k €88,2 k €67,7 k €57,2 k €
Balance sheet
Equity273,1 k €306,2 k €277,5 k €247,5 k €206,7 k €191 k €185,1 k €225,4 k €173,5 k €144,4 k €89,2 k €42,4 k €
Total assets605 k €508,6 k €576,8 k €619,7 k €527,3 k €534,3 k €535,3 k €459,1 k €414,6 k €316 k €204 k €175,7 k €
Cash133,5 k €141,2 k €119,4 k €167,6 k €111 k €102,2 k €10,4 k €106,8 k €5 k €17,8 k €7,5 k €44,5 k €
Debts331,9 k €202,4 k €285,3 k €372,2 k €313 k €342,7 k €350,2 k €233,7 k €241,1 k €171,6 k €114,8 k €133,3 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 7 ended

Active mandates

Geert Van Laer

Director

Active
Marco Baelus

Director

Active

Ended mandates

Geert Van Laer

Manager · since 01 janvier 2014

Ended
Luc Broeckx

Manager · since 01 janvier 2014

Ended
Marco Baelus

Manager · since 01 janvier 2014

Ended
Geert Van Laer

Manager · since 18 décembre 2013

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro 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 date15/09/202622/08/202508/07/202407/07/202330/09/202212/07/2021
General meeting19/06/202620/06/202521/06/202416/06/202317/06/202218/06/2021
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

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202519/06/202615/09/2026DutchPDF
Micro model31/12/202420/06/202522/08/2025DutchPDF
Micro model31/12/202321/06/202408/07/2024DutchPDF
Micro model31/12/202216/06/202307/07/2023DutchPDF
Abridged model31/12/202117/06/202230/09/2022DutchPDF
Abridged model31/12/202018/06/202112/07/2021DutchPDF
Abridged model31/12/201919/06/202022/07/2020DutchPDF
Micro model31/12/201820/06/201924/07/2019DutchPDF
Micro model31/12/201715/06/201820/07/2018DutchPDF
Micro model31/12/201616/06/201728/06/2017DutchPDF
Abridged model31/12/201530/06/201628/07/2016DutchPDF
Abridged model31/12/201426/06/201531/07/2015DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 7 ended

Active mandates

Geert Van Laer

Director

Active
Marco Baelus

Director

Active

Ended mandates

Geert Van Laer

Manager · since 01 janvier 2014

Ended
Luc Broeckx

Manager · since 01 janvier 2014

Ended
Marco Baelus

Manager · since 01 janvier 2014

Ended
Geert Van Laer

Manager · since 18 décembre 2013

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates19/09/2025
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office03/06/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates14/04/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other07/01/2014
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, 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

Timeline

  1. 2025
    Annual accounts 2025-33,1 k €
  2. 2024
    Annual accounts 202428,7 k €
  3. 2023
    Annual accounts 202329,9 k €
  4. 2022
    Annual accounts 202240,8 k €
  5. 2021
    Annual accounts 202115,7 k €
  6. 2020
    Annual accounts 20205,9 k €
  7. 2019
    Annual accounts 2019-40,3 k €
  8. 2018
    Annual accounts 201851,9 k €
  9. 2017
    Annual accounts 201729,1 k €
  10. 2016
    Annual accounts 201688,2 k €
  11. 2015
    Annual accounts 201567,7 k €
  12. 2014
    Annual accounts 201457,2 k €
  13. 18/12/2013
    IncorporationPrivate limited company