ACTIVE

BAVAR

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Financial year 2025 · closed on 31/12/2025
Net result
367,2 k €
+1.0% YoY
Gross margin
589,4 k €
+0.0% YoY
Equity
3,1 M €
+13.6% YoY
Workforce
0,0 ETP

What does BAVAR do?

BAVAR is a Private limited company incorporated in 2004. Its registered office is in Tournai.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0865.443.896
Incorporation
25/05/2004
Legal form
Private limited company
Registered office
Rue du Mont des Carliers(BL) 30
7522 Tournai · WallonieSee on map
Contributed capital
44 935,13 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
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 12 financial years

202520242023202220212018201720162014201320122007
Income statement
Gross margin589,4 k €589,2 k €343,4 k €316,3 k €323,8 k €415,6 k €494,9 k €286,2 k €105,3 k €125,4 k €87,8 k €109,3 k €
EBITDA539,6 k €536,1 k €300,4 k €285,6 k €293,6 k €386,6 k €466,4 k €258,4 k €101,3 k €184,9 k €83,8 k €96,3 k €
Operating result460,6 k €451 k €201,8 k €185 k €200,3 k €215,6 k €269,3 k €74,5 k €59,6 k €143 k €41,5 k €63,9 k €
Net result367,2 k €363,5 k €648,6 k €142,4 k €163 k €169 k €265,2 k €71,9 k €55,6 k €137,6 k €30,2 k €34,1 k €
Balance sheet
Equity3,1 M €2,8 M €2,4 M €1,8 M €1,6 M €1,1 M €999,6 k €975,3 k €287 k €284,4 k €284,3 k €190,4 k €
Total assets3,3 M €2,9 M €3,1 M €2,6 M €2,7 M €2,3 M €2,3 M €2,1 M €504,5 k €610,6 k €670 k €832 k €
Cash35,8 k €78,2 k €41,1 k €344,8 k €29,3 k €51,5 k €10,1 k €72,3 k €31,3 k €83,6 k €62,6 k €12 k €
Debts131,6 k €143,7 k €647,9 k €829,4 k €1 M €1,2 M €1,2 M €1,1 M €216,3 k €325 k €268 k €549,9 k €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP0,0 ETP––––––––
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 14 ended

Active mandates

INBV

Director · 0476.551.595

Represented by KORNEEL BAEKELANDT

Active
Roosmarijke Van Reeth

Director

Active

Ended mandates

INBV

Director · since 25 avril 2023 · 0476.551.595

Represented by BAEKELANDT KORNEEL

Ended
Roosmarijke VAN REETH

Director · since 25 avril 2023

Ended
INBV

Manager · since 01 juillet 2011 · 0476.551.595

Represented by Korneel BAEKELANDT

Ended
INBV

Manager · since 01 juillet 2011 · 0476.551.595

Represented by KORNEEL BAEKELANDT

Ended
At this address

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0461.534.413
UTVA OCTOPODA● Active
0634.874.403
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date01/07/202628/08/202518/07/202410/08/202327/06/202220/07/2021
General meeting06/06/202607/06/202501/06/202403/06/202319/05/202205/06/2021
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

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202506/06/202601/07/2026FrenchPDF
Abridged model31/12/202407/06/202528/08/2025FrenchPDF
Abridged model31/12/202301/06/202418/07/2024FrenchPDF
Abridged model31/12/202203/06/202310/08/2023FrenchPDF
Abridged model31/12/202119/05/202227/06/2022FrenchPDF
Micro model31/12/202005/06/202120/07/2021FrenchPDF
Micro model31/12/201906/06/202016/09/2020FrenchPDF
Micro modelCorrection31/12/201801/06/201927/09/2019FrenchPDF
Micro model31/12/201801/06/201907/08/2019FrenchPDF
Micro model31/12/201702/06/201801/08/2018FrenchPDF
Abridged model31/12/201603/06/201707/07/2017FrenchPDF
Abridged model31/12/201504/06/201623/06/2016FrenchPDF
Abridged model30/06/201406/12/201417/12/2014DutchPDF
Abridged model30/06/201307/12/201318/12/2013DutchPDF
Abridged model30/06/201201/12/201228/02/2013DutchPDF
Abridged model30/06/201103/12/201122/12/2011DutchPDF
Abridged model30/06/201004/12/201006/12/2010DutchPDF
Abridged model30/06/200905/12/200918/12/2009DutchPDF
Abridged model30/06/200806/12/200808/01/2009DutchPDF
Abridged model30/06/200713/12/200714/01/2008DutchPDF
Abridged model30/06/200629/12/200631/01/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 14 ended

Active mandates

INBV

Director · 0476.551.595

Represented by KORNEEL BAEKELANDT

Active
Roosmarijke Van Reeth

Director

Active

Ended mandates

INBV

Director · since 25 avril 2023 · 0476.551.595

Represented by BAEKELANDT KORNEEL

Ended
Roosmarijke VAN REETH

Director · since 25 avril 2023

Ended
INBV

Manager · since 01 juillet 2011 · 0476.551.595

Represented by Korneel BAEKELANDT

Ended
INBV

Manager · since 01 juillet 2011 · 0476.551.595

Represented by KORNEEL BAEKELANDT

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates02/05/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/05/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Other30/07/2015
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Restructuring01/07/2015
    MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ALGEMENE VERGADERING - BOEKJAAR - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring25/03/2015
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring25/03/2015
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates30/03/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/12/2011
    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

Timeline

  1. 2025
    Annual accounts 2025367,2 k €↑
  2. 2024
    Annual accounts 2024363,5 k €↓
  3. 2023
    Annual accounts 2023648,6 k €↑
  4. 2022
    Annual accounts 2022142,4 k €↓
  5. 2021
    Annual accounts 2021163 k €↓
  6. 2018
    Annual accounts 2018169 k €↓
  7. 2017
    Annual accounts 2017265,2 k €↑
  8. 2016
    Annual accounts 201671,9 k €↑
  9. 2014
    Annual accounts 201455,6 k €↓
  10. 2013
    Annual accounts 2013137,6 k €↑
  11. 2012
    Annual accounts 201230,2 k €↓
  12. 2007
    Annual accounts 200734,1 k €
  13. 25/05/2004
    IncorporationPrivate limited company