ACTIVE

BAST

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Financial year 2025 · closed on 31/12/2025

Net result

274,2 k €

-64.0% YoY

Gross margin

1,7 M €

-10.0% YoY

Equity

153,2 k €

+94.0% YoY

Workforce

19,3 ETP

+28.7% YoY

What does BAST do?

BAST is a Private limited company incorporated in 2017. Its main activity is: Construction of buildings. Its registered office is in Hamme (Vl.). It employs on average 19,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0669.530.028

Incorporation

12/01/2017

Legal form

Private limited company

Registered office

Zwaarveld 41 box C
9220 Hamme (Vl.) · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

19,3 ETP

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 43320Joinery installation 43320Joinery installation 41003Construction of buildings 41203Construction of residential and non-residential buildings+2

Joint committees (4)

124
1240
200
2000

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 7 financial years

	2025		2024		2023		2022		2021		2019		2018
Income statement
Gross margin	1,7 M €	-10.0%	1,9 M €	+35.4%	1,4 M €	+5.4%	1,3 M €	+14.4%	1,2 M €	-1.2%	1,2 M €	+128%	514,4 k €
EBITDA	460,1 k €	-51.4%	946,6 k €	+39.0%	681,1 k €	+72.9%	393,8 k €	+112%	185,4 k €	-40.3%	310,4 k €	+60.5%	193,3 k €
Operating result	410,5 k €	-52.6%	866,5 k €	+45.4%	596 k €	+92.2%	310,1 k €	+350%	68,9 k €	-62.9%	185,5 k €	+107%	89,5 k €
Net result	274,2 k €	-64.0%	762,3 k €	+22.7%	621,1 k €	+173%	227,4 k €	+1750%	12,3 k €	-91.3%	140,9 k €	+232%	42,5 k €
Balance sheet
Equity	153,2 k €	+94.0%	79 k €	+111%	-743,4 k €	+45.5%	-1,4 M €	+14.3%	-1,6 M €	-888%	202 k €	+231%	61,1 k €
Total assets	1,9 M €	+11.3%	1,8 M €	+3.7%	1,7 M €	+1.8%	1,7 M €	+17.4%	1,4 M €	-46.4%	2,6 M €	+84.2%	1,4 M €
Cash	41,5 k €	+24.6%	33,4 k €	-35.0%	51,3 k €	+50.3%	34,1 k €	-39.3%	56,2 k €	-26.3%	76,3 k €	+13.2%	67,4 k €
Debts	1,8 M €	+8.0%	1,6 M €	-31.4%	2,4 M €	-19.9%	3 M €	-0.2%	3 M €	+23.4%	2,4 M €	+77.9%	1,4 M €
Other
Workforce	19,3 ETP	+28.7%	15,0 ETP	+27.1%	11,8 ETP	-21.3%	15,0 ETP	-16.7%	18,0 ETP	+4.7%	17,2 ETP	+320%	4,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

VRG PROJECTS

Director · since 01 octobre 2024 · 0828.319.523

Represented by Guy Verhavert

Active

Stijn Verhelst

Director · since 28 novembre 2023

Active

Ended mandates

Stijn Verhelst

Director · since 09 janvier 2017

Ended

Stijn Verhelst

Manager · since 09 janvier 2017

Ended

Stijn Verhelst

Director

Ended

At this address

Other companies at this address

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DE BEULE TECHNICS● Active	0632.960.236
ELEKTRICITEITSWERKEN MAES● Active	0756.673.640
Fiscal Solutions● Active	0896.700.365
FRAPINA● Active	0891.816.020
Gust Groep● Active	1023.898.544
Gust Projectontwikkeling● Active	0437.634.108
HET CIJFERHUIS● Active	0686.731.690
Iemmens.● Active	0755.488.359
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Lo-Build● Active	1009.240.458
Lorenda● Active	1009.240.557
PARO - TUBE● Active	0429.109.390
VENCO● Active	0435.777.745

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	01/01/2025	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	10/04/2026	13/03/2025	14/05/2024	03/04/2023	29/07/2022	19/11/2021
General meeting	03/04/2026	07/03/2025	29/04/2024	27/03/2023	30/06/2022	13/10/2021
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

8 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	03/04/2026	10/04/2026	Dutch	PDF
Abridged model	31/12/2024	07/03/2025	13/03/2025	Dutch	PDF
Abridged model	31/12/2023	29/04/2024	14/05/2024	Dutch	PDF
Abridged model	31/12/2022	27/03/2023	03/04/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	29/07/2022	Dutch	PDF
Abridged model	31/12/2020	13/10/2021	19/11/2021	Dutch	PDF
Abridged model	31/12/2019	31/08/2020	25/09/2020	Dutch	PDF
Abridged model	31/08/2018	30/07/2019	21/08/2019	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025 · 2 active · 3 ended

Active mandates

VRG PROJECTS

Director · since 01 octobre 2024 · 0828.319.523

Represented by Guy Verhavert

Active

Stijn Verhelst

Director · since 28 novembre 2023

Active

Ended mandates

Stijn Verhelst

Director · since 09 janvier 2017

Ended

Stijn Verhelst

Manager · since 09 janvier 2017

Ended

Stijn Verhelst

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/05/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Registered office29/12/2017
MAATSCHAPPELIJKE ZETEL
PDF
Registered office28/08/2017
MAATSCHAPPELIJKE ZETEL
PDF
Other16/01/2017
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

2025
Annual accounts 2025274,2 k €↓
2024
Annual accounts 2024762,3 k €↑
2023
Annual accounts 2023621,1 k €↑
2022
Annual accounts 2022227,4 k €↑
2021
Annual accounts 202112,3 k €↓
2019
Annual accounts 2019140,9 k €↑
2018
Annual accounts 201842,5 k €
12/01/2017
IncorporationPrivate 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

BAST

Overview

What does BAST do?

Trend over 7 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