ACTIVE

Bekaert Advanced Cords Aalter NV

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Financial year 2025 · Closed on 31/12/2025

Net result-3,8 M €-363,7 %over 1 year

Revenue51,1 M €-1,9 %over 1 year

Equity47,3 M €-7,5 %over 1 year

Workforce111,7 ETP-15,4 %over 1 year

Identity

Source · BCE/KBO

Bekaert Advanced Cords Aalter NV is a Public limited company incorporated in 2016. Its main activity is: Manufacture of wire products, chain and springs. Its registered office is in Aalter. It employs on average 111,7 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0645.654.071
Incorporation: 06/01/2016
Legal form: Public limited company
Registered office: Léon Bekaertlaan 5
9880 Aalter · FlandreSee on map
Contributed capital: 24 206 600,00 €
Latest accounts: 31/12/2025
Average workforce: 111,7 ETP

Activities (NACE)

25930Manufacture of wire products, chain and springs· main 25930Manufacture of wire products, chain and springs 25999Manufacture of other fabricated metal products n.e.c.25999Manufacture of other fabricated metal products n.e.c.

Joint committees (2)

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 10 filings

Trend over 10 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	51,1 M €	-1.9%	52,1 M €	-12.4%	59,5 M €	-4.9%	62,6 M €	+24.3%	50,3 M €
EBITDA	8,8 M €	-40.0%	14,6 M €	-27.0%	20 M €	+2.5%	19,5 M €	-0.7%	19,7 M €
Operating result	-4,4 M €	-415%	1,4 M €	-80.0%	7 M €	+10.6%	6,3 M €	+24.3%	5,1 M €
Net result	-3,8 M €	-364%	1,4 M €	-74.8%	5,7 M €	+9.1%	5,3 M €	+32.3%	4 M €
Balance sheet
Equity	47,3 M €	-7.5%	51,1 M €	-1.1%	51,6 M €	+12.5%	45,9 M €	+12.9%	40,6 M €
Total assets	60,2 M €	-10.1%	67 M €	-3.5%	69,4 M €	-15.3%	81,9 M €	+8.1%	75,8 M €
Cash	–		1,6 k €	+1.2%	1,6 k €	-45.5%	2,9 k €	-21.8%	3,7 k €
Debts	12,8 M €	-18.4%	15,7 M €	-10.4%	17,5 M €	-50.5%	35,4 M €	+3.0%	34,3 M €
Other
Workforce	111,7 ETP	-15.4%	132,0 ETP	-7.8%	143,1 ETP	+7.3%	133,4 ETP	+5.2%	126,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Raf Rentmeesters	Director01/10/2025 → 19/05/2026
Erik Jagers	Director16/04/2024 → 18/05/2027
Bruno Cluydts	Director28/09/2022 → 18/05/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Carl Vromant	Directorlisted until the 2020 accounts

Other companies at this address

Léon Bekaertlaan 5 9880 Aalter

Company	CBE no.
VERENIGING VAN MEDE-EIGENAARS KMO-PARK BVI.BE, AALTER, VENECOLAAN, LEON BEKAERTLAAN 5.● Active	0689.664.654

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/06/2026	11/06/2025	07/06/2024	06/06/2023	25/05/2022	18/06/2021
General meeting	19/05/2026	20/05/2025	21/05/2024	16/05/2023	17/05/2022	18/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 10 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	19/05/2026	09/06/2026	Dutch	PDF
Full model	31/12/2024	20/05/2025	11/06/2025	Dutch	PDF
Full model	31/12/2023	21/05/2024	07/06/2024	Dutch	PDF
Full model	31/12/2022	16/05/2023	06/06/2023	Dutch	PDF
Full model	31/12/2021	17/05/2022	25/05/2022	Dutch	PDF
Full model	31/12/2020	18/05/2021	18/06/2021	Dutch	PDF
Full model	31/12/2019	19/05/2020	17/06/2020	Dutch	PDF
Full model	31/12/2018	21/05/2019	04/06/2019	Dutch	PDF
Full model	31/12/2017	15/05/2018	08/06/2018	Dutch	PDF
Full model	31/12/2016	16/05/2017	30/05/2017	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Raf Rentmeesters	Director01/10/2025 → 19/05/2026
Erik Jagers	Director16/04/2024 → 18/05/2027
Bruno Cluydts	Director28/09/2022 → 18/05/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Carl Vromant	Directorlisted until the 2020 accounts

Ownership and network

Looking for more information about this company?

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates13/07/2026
Ontslag en definitieve benoeming bestuurder
PDF
Mandates24/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/05/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/08/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/06/2020
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings10 filings

Mandates

Raf Rentmeesters

Erik Jagers

Bruno Cluydts

Carl Vromant

Damien Boffé

Curd Vandekerckhove

Claudia Griffin

Kurt Demeuleneere

Dries Moors

Bruno Humblet

Marc Coppé

201620172018201920202021202220232024202520262027

Bekaert Advanced Cords Aalter NV

Léon Bekaertlaan 5, 9880 Aalter

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Léon Bekaertlaan 5, 9880 AalterCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00154701

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Bekaert Advanced Cords Aalter NVCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00154701

Events

2025
Annual accounts 2025-3,8 M €↓
01/10/2025
nominationRaf Rentmeesters · bestuurder
2024
Annual accounts 20241,4 M €↓
21/05/2024
reconductionCarl Vromant · bestuurder
21/05/2024
reconductionBruno Cluydts · bestuurder
21/05/2024
reconductionEY bedrijfsrevisoren BV · commissaris
19/04/2024
nominationErik Jagers · bestuurder
2023
Annual accounts 20235,7 M €↑
16/05/2023
reconductionBruno Cluydts · bestuurder
2022
Annual accounts 20225,3 M €↑
28/09/2022
nominationBruno Cluydts · bestuurder
2021
Annual accounts 20214 M €↑
2020
Annual accounts 20203,1 M €↓
2019
Annual accounts 20193,4 M €↑
2018
Annual accounts 20182,7 M €↑
2017
Annual accounts 20171,5 M €↓
2016
Annual accounts 20161,8 M €
06/01/2016
IncorporationPublic limited company

Bekaert Advanced Cords Aalter NV

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events