ACTIVE

BST

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Financial year 2025 · closed on 31/12/2025
Net result
14,4 k €
-45.4% YoY
Gross margin
39,3 k €
-10.4% YoY
Equity
182 k €
+8.6% YoY

What does BST do?

BST is a Private company with limited liability incorporated in 2012. Its main activity is: Electrical installation. Its registered office is in Schoten.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0843.805.572
Incorporation
17/02/2012
Legal form
Private company with limited liability
Registered office
Brechtsebaan 722
2900 Schoten · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Activities (NACE)
43212Electrical installation· main43212Electrical installation
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222019201820172016201520142013
Income statement
Gross margin39,3 k €43,8 k €39,7 k €32,7 k €20,2 k €34,4 k €13,5 k €59,5 k €13,2 k €9,5 k €8,7 k €
EBITDA37 k €43 k €37,8 k €32 k €19,8 k €34,1 k €13 k €59,1 k €12,6 k €8,7 k €7,7 k €
Operating result28,6 k €39,6 k €34 k €29,5 k €19,3 k €33,6 k €12,6 k €58,6 k €12,1 k €8,5 k €7,7 k €
Net result14,4 k €26,4 k €23,3 k €13,1 k €9,5 k €23,4 k €8,4 k €38,4 k €9,7 k €7,1 k €6,5 k €
Balance sheet
Equity182 k €167,6 k €141,2 k €117,8 k €101,6 k €92,1 k €68,6 k €67,7 k €29,4 k €19,7 k €12,7 k €
Total assets209,5 k €212 k €168,7 k €160,1 k €152,9 k €128,8 k €122,6 k €119,5 k €65,8 k €39,7 k €22,9 k €
Cash110,4 k €169,5 k €131,4 k €15,3 k €1,8 k €192,7 €160,8 €2,6 k €885 €7,7 k €2,9 k €
Debts27,5 k €36 k €24 k €37,5 k €51,4 k €36,7 k €54 k €51,8 k €36,4 k €16,3 k €10,2 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 · 3 ended

Active mandates

Nathalie Verret

Director · since 20 avril 2021

Active
Bart STRUBBE

Director · since 17 février 2012

Active

Ended mandates

Bart Strubbe

Mandate

Ended
Bart Strubbe

Manager

Ended
Nathalie Verret

Mandate

Ended
Annual accounts

Full financial information

202520242023202220192018
Type of accountMicro modelMicro modelMicro modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/201901/01/2018
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202622/07/202531/08/202404/08/202330/11/202031/08/2019
General meeting26/06/202627/06/202528/06/202430/06/202328/06/202028/06/2019
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202526/06/202631/08/2026DutchPDF
Micro model31/12/202427/06/202522/07/2025DutchPDF
Micro model31/12/202328/06/202431/08/2024DutchPDF
Abridged model31/12/202230/06/202304/08/2023DutchPDF
Abridged model31/12/201928/06/202030/11/2020DutchPDF
Abridged model31/12/201828/06/201931/08/2019DutchPDF
Abridged model31/12/201729/06/201831/05/2019DutchPDF
Abridged model31/12/201626/05/201731/08/2017DutchPDF
Abridged model31/12/201508/07/201604/08/2016DutchPDF
Abridged model31/12/201417/08/201531/08/2015DutchPDF
Abridged model31/12/201327/06/201423/07/2014DutchPDF
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 · 3 ended

Active mandates

Nathalie Verret

Director · since 20 avril 2021

Active
Bart STRUBBE

Director · since 17 février 2012

Active

Ended mandates

Bart Strubbe

Mandate

Ended
Bart Strubbe

Manager

Ended
Nathalie Verret

Mandate

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 202514,4 k €↓
  2. 2024
    Annual accounts 202426,4 k €↑
  3. 2023
    Annual accounts 202323,3 k €↑
  4. 2022
    Annual accounts 202213,1 k €↑
  5. 2019
    Annual accounts 20199,5 k €↓
  6. 2018
    Annual accounts 201823,4 k €↑
  7. 2017
    Annual accounts 20178,4 k €↓
  8. 2016
    Annual accounts 201638,4 k €↑
  9. 2015
    Annual accounts 20159,7 k €↑
  10. 2014
    Annual accounts 20147,1 k €↑
  11. 2013
    Annual accounts 20136,5 k €
  12. 17/02/2012
    IncorporationPrivate company with limited liability