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% YoY

Revenue

51,1 M €

-1.9% YoY

Equity

47,3 M €

-7.5% YoY

Workforce

111,7 ETP

-15.4% YoY

What does Bekaert Advanced Cords Aalter NV do?

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

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 10 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016
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 €	+5.3%	47,8 M €	-9.1%	52,6 M €	+4.0%	50,5 M €	+0.4%	50,3 M €	+59.2%	31,6 M €
EBITDA	8,8 M €	-40.0%	14,6 M €	-27.0%	20 M €	+2.5%	19,5 M €	-0.7%	19,7 M €	+7.8%	18,3 M €	+2.8%	17,8 M €	+7.6%	16,5 M €	+9.0%	15,1 M €	+58.7%	9,5 M €
Operating result	-4,4 M €	-415%	1,4 M €	-80.0%	7 M €	+10.6%	6,3 M €	+24.3%	5,1 M €	+13.1%	4,5 M €	-12.7%	5,2 M €	-1.2%	5,2 M €	+44.6%	3,6 M €	-1.1%	3,7 M €
Net result	-3,8 M €	-364%	1,4 M €	-74.8%	5,7 M €	+9.1%	5,3 M €	+32.3%	4 M €	+29.9%	3,1 M €	-8.8%	3,4 M €	+23.1%	2,7 M €	+82.0%	1,5 M €	-16.7%	1,8 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 €	+10.8%	36,6 M €	+9.1%	33,6 M €	+11.1%	30,2 M €	+9.9%	27,5 M €	+5.8%	26 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 €	+0.6%	75,3 M €	-3.8%	78,3 M €	-3.3%	81 M €	-4.4%	84,7 M €	-4.1%	88,3 M €
Cash	–		1,6 k €	+1.2%	1,6 k €	-45.5%	2,9 k €	-21.8%	3,7 k €	-20.6%	4,6 k €	+107%	2,2 k €	-99.5%	452 k €	-26.1%	611,6 k €	+8.0%	566,2 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 €	-9.4%	37,9 M €	-14.1%	44,1 M €	-12.0%	50,2 M €	-11.9%	56,9 M €	-8.0%	61,9 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	-1.3%	128,5 ETP	-2.8%	132,2 ETP	-0.7%	133,1 ETP	-1.6%	135,2 ETP	+4.9%	128,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 22 ended

Active mandates

Raf Rentmeesters

Director · since 01 octobre 2025 · until 19 mai 2026

Active

Erik Jagers

Director · since 19 avril 2024 · until 18 mai 2027

Active

Bruno Cluydts

Director · since 28 septembre 2022 · until 18 mai 2027

Active

Ended mandates

ERIK JAGERS

Director · since 16 avril 2024 · until 18 mai 2027

Ended

Bruno Cluydts

Director · since 28 septembre 2022 · until 16 mai 2023

Ended

Bruno Cluydts

Director · since 28 septembre 2022 · until 21 mai 2024

Ended

Carl Vromant

Director · since 28 avril 2021 · until 16 mai 2024

Ended

At this address

Other companies at this address

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

Annual accounts

Full financial information

	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

Ratios

Financial ratios

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Filings

Annual accounts filings

10 filings with the NBB

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

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 22 ended

Active mandates

Raf Rentmeesters

Director · since 01 octobre 2025 · until 19 mai 2026

Active

Erik Jagers

Director · since 19 avril 2024 · until 18 mai 2027

Active

Bruno Cluydts

Director · since 28 septembre 2022 · until 18 mai 2027

Active

Ended mandates

ERIK JAGERS

Director · since 16 avril 2024 · until 18 mai 2027

Ended

Bruno Cluydts

Director · since 28 septembre 2022 · until 16 mai 2023

Ended

Bruno Cluydts

Director · since 28 septembre 2022 · until 21 mai 2024

Ended

Carl Vromant

Director · since 28 avril 2021 · until 16 mai 2024

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/07/2026
ONTSLAGEN - BENOEMINGEN
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

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 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

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

Bekaert Advanced Cords Aalter NV

Overview

What does Bekaert Advanced Cords Aalter NV do?

Trend over 10 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