ACTIVE

Bana

Financial year 2025 · closed on 31/12/2025
Net result
29,3 k €
+367.4% YoY
Gross margin
70,8 k €
+279.3% YoY
Equity
59,2 k €
+97.8% YoY

What does Bana do?

Bana is a Private limited company incorporated in 2009. Its main activity is: Construction of utility projects for electricity and telecommunications. Its registered office is in Laakdal.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0819.180.737
Incorporation
01/10/2009
Legal form
Private limited company
Registered office
Heieinde 77
2431 Laakdal · FlandreSee on map
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120202019201820172016201520142013201220112010
Income statement
Gross margin70,8 k €18,7 k €16,3 k €-2,3 k €5,4 k €12,7 k €15,9 k €12,5 k €-31,2 k €-907,9 €23,3 k €30,5 k €36,4 k €37,4 k €44,8 k €23,2 k €
EBITDA40,9 k €13,5 k €12,4 k €-14 k €-4,9 k €12,4 k €15,6 k €12,3 k €-36,4 k €-3,6 k €22,7 k €30 k €36 k €36,5 k €44,5 k €19,3 k €
Operating result31,1 k €6,3 k €8,4 k €-18,2 k €-5,1 k €12 k €10,4 k €7,1 k €-41,6 k €-8,7 k €13,8 k €21 k €27 k €27,5 k €35,5 k €14,4 k €
Net result29,3 k €6,3 k €8,4 k €-52 k €-5,3 k €11,7 k €10,1 k €6,7 k €-43 k €-12,3 k €8,2 k €12,9 k €18,2 k €15,9 k €30,2 k €14 k €
Balance sheet
Equity59,2 k €29,9 k €23,7 k €33,8 k €85,9 k €91,2 k €79,5 k €69,4 k €62,7 k €105,7 k €118,1 k €109,8 k €96,9 k €78,7 k €62,8 k €32,6 k €
Total assets126,8 k €74,5 k €58,8 k €36,9 k €93,4 k €126 k €118,2 k €116,2 k €123,6 k €198,5 k €216,8 k €217,4 k €202,5 k €194,9 k €190,9 k €148,2 k €
Cash15,7 k €8,2 k €8,2 k €329,6 €81,4 k €64,1 k €73,9 k €86,2 k €110,7 k €121,4 k €94,4 k €87,7 k €77,4 k €74,1 k €74 k €57 k €
Debts67,1 k €44,6 k €35,1 k €3,1 k €7,6 k €34,8 k €38,8 k €46,9 k €60,9 k €92,8 k €98,7 k €107,6 k €105,6 k €116,1 k €128,1 k €115,6 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 11 ended

Active mandates

Bart MICHIELS

Director

Active
Shana DEGOL

Director

Active

Ended mandates

Bart MICHIELS

Director · since 05 mai 2023

Ended
Shana Degol

Director · since 05 mai 2023

Ended
Claire DEBOUTTE

Manager · since 27 novembre 2010 · until 31 mars 2017

Ended
Claire DEBOUTTE

Manager · since 27 novembre 2010

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date30/06/202607/07/202519/07/202419/07/202325/08/202230/08/2021
General meeting04/06/202605/06/202506/06/202401/06/202302/06/202203/06/2021
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202504/06/202630/06/2026DutchPDF
Micro model31/12/202405/06/202507/07/2025DutchPDF
Micro model31/12/202306/06/202419/07/2024DutchPDF
Micro model31/12/202201/06/202319/07/2023DutchPDF
Micro model31/12/202102/06/202225/08/2022DutchPDF
Micro model31/12/202003/06/202130/08/2021DutchPDF
Micro model31/12/201904/06/202025/11/2020DutchPDF
Micro model31/12/201806/06/201918/07/2019DutchPDF
Micro model31/12/201707/06/201812/07/2018DutchPDF
Micro model31/12/201601/06/201704/08/2017DutchPDF
Abridged model31/12/201502/06/201603/08/2016DutchPDF
Abridged model31/12/201404/06/201530/07/2015DutchPDF
Abridged model31/12/201305/06/201429/08/2014DutchPDF
Abridged model31/12/201206/06/201330/08/2013DutchPDF
Abridged model31/12/201107/06/201230/08/2012DutchPDF
Abridged model31/12/201002/06/201101/07/2011DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 11 ended

Active mandates

Bart MICHIELS

Director

Active
Shana DEGOL

Director

Active

Ended mandates

Bart MICHIELS

Director · since 05 mai 2023

Ended
Shana Degol

Director · since 05 mai 2023

Ended
Claire DEBOUTTE

Manager · since 27 novembre 2010 · until 31 mars 2017

Ended
Claire DEBOUTTE

Manager · since 27 novembre 2010

Ended
Shareholders

Ownership and network

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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 202529,3 k €
  2. 2024
    Annual accounts 20246,3 k €
  3. 2023
    Annual accounts 20238,4 k €
  4. 2022
    Annual accounts 2022-52 k €
  5. 2022
    Name changeBANA
  6. 2021
    Annual accounts 2021-5,3 k €
  7. 2020
    Annual accounts 202011,7 k €
  8. 2019
    Annual accounts 201910,1 k €
  9. 2018
    Annual accounts 20186,7 k €
  10. 2017
    Annual accounts 2017-43 k €
  11. 2016
    Annual accounts 2016-12,3 k €
  12. 2015
    Annual accounts 20158,2 k €
  13. 2014
    Annual accounts 201412,9 k €
  14. 2013
    Annual accounts 201318,2 k €
  15. 2012
    Annual accounts 201215,9 k €
  16. 2011
    Annual accounts 201130,2 k €
  17. 2010
    Annual accounts 201014 k €
  18. 2010
    Name changeMONEYGEN
  19. 01/10/2009
    IncorporationPrivate limited company