ACTIVE

BEMECO

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Financial year 2025 · closed on 31/12/2025

Net result

481,4 k €

+20.0% YoY

Gross margin

1,1 M €

+14.9% YoY

Equity

1,9 M €

+11.5% YoY

Workforce

4,7 ETP

+42.4% YoY

What does BEMECO do?

BEMECO is a Private limited company incorporated in 2005. Its main activity is: Manufacture of doors and windows of metal. Its registered office is in Erpe-Mere. It employs on average 4,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0871.686.639

Incorporation

04/02/2005

Legal form

Private limited company

Registered office

Evenbroekveld 36
9420 Erpe-Mere · FlandreSee on map

Contributed capital

20 460,00 €

Latest accounts

31/12/2025

Average workforce

4,7 ETP

Activities (NACE)

25120Manufacture of doors and windows of metal· main 25120Manufacture of doors and windows of metal 43211Electrical installation 43211Electrical installation 45310Wholesale trade of motor vehicle parts and accessories

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,1 M €	+14.9%	930,6 k €	-4.0%	969,7 k €	-2.5%	994,1 k €	+2.1%	973,6 k €	+50.9%	645 k €	-12.4%	736,6 k €	+7.0%	688,6 k €	+28.6%	535,7 k €	+3.7%	516,7 k €	+25.1%	413 k €	+13.8%	362,7 k €	+17.6%	308,5 k €	+18.7%	259,9 k €	+92.3%	135,2 k €	+28.9%	104,9 k €	+62.2%	64,7 k €	+41.8%	45,6 k €	-13.3%	52,6 k €	-23.9%	69,1 k €
EBITDA	779,5 k €	+10.4%	706,2 k €	+1.8%	693,7 k €	+3.7%	668,9 k €	-1.8%	681,1 k €	+108%	327,1 k €	-21.5%	416,8 k €	+7.7%	387,2 k €	+69.7%	228,1 k €	-12.9%	261,8 k €	+25.3%	209 k €	+3.9%	201,2 k €	+32.5%	151,9 k €	+35.3%	112,2 k €	+201%	37,3 k €	+18.6%	31,4 k €	+32.4%	23,7 k €	+76.7%	13,4 k €	-69.8%	44,5 k €	-34.0%	67,4 k €
Operating result	632 k €	+17.4%	538,2 k €	+3.7%	519 k €	+6.3%	488,2 k €	+9.3%	446,7 k €	+564%	67,3 k €	-56.3%	154,1 k €	+24.0%	124,2 k €	+144%	51 k €	-33.3%	76,4 k €	+49.7%	51 k €	-57.3%	119,6 k €	+72.0%	69,5 k €	+102%	34,4 k €	+356%	-13,4 k €	-314%	6,3 k €	+184%	-7,5 k €	+55.1%	-16,7 k €	-267%	10 k €	+398%	2 k €
Net result	481,4 k €	+20.0%	401,1 k €	+6.0%	378,5 k €	+6.8%	354,5 k €	+8.4%	326,9 k €	+735%	39,1 k €	-65.7%	114 k €	+21.5%	93,8 k €	+240%	27,6 k €	-41.8%	47,4 k €	+55.6%	30,4 k €	-60.2%	76,5 k €	+98.8%	38,5 k €	+109%	18,4 k €	+89.2%	9,7 k €	+218%	3,1 k €	+128%	-11,1 k €	-963%	1,3 k €	-51.5%	2,6 k €	+177%	-3,5 k €
Balance sheet
Equity	1,9 M €	+11.5%	1,7 M €	+30.7%	1,3 M €	+23.5%	1,1 M €	+27.0%	831,8 k €	+64.7%	504,9 k €	+8.4%	465,8 k €	+32.4%	351,8 k €	+35.5%	259,6 k €	+11.9%	232 k €	+25.6%	184,7 k €	+19.7%	154,2 k €	+98.5%	77,7 k €	+98.1%	39,2 k €	+88.5%	20,8 k €	+87.9%	11,1 k €	+38.2%	8 k €	-58.0%	19,1 k €	+7.2%	17,8 k €	+17.4%	15,1 k €
Total assets	2,4 M €	+9.8%	2,2 M €	-1.5%	2,2 M €	-7.1%	2,4 M €	+0.7%	2,4 M €	+22.9%	1,9 M €	+5.0%	1,9 M €	-2.1%	1,9 M €	+16.6%	1,6 M €	-2.3%	1,7 M €	+8.4%	1,5 M €	+79.8%	853,9 k €	+87.7%	455 k €	-3.1%	469,3 k €	+38.5%	338,9 k €	+59.5%	212,5 k €	+12.9%	188,2 k €	-10.7%	210,8 k €	+33.6%	157,8 k €	-27.1%	216,4 k €
Cash	863,9 k €	+29.4%	667,5 k €	+5.9%	630 k €	+20.4%	523,4 k €	+23.0%	425,4 k €	-1.4%	431,3 k €	+145%	176,1 k €	+61.9%	108,8 k €	-63.7%	299,8 k €	+94.1%	154,5 k €	-36.3%	242,3 k €	+65.4%	146,5 k €	-3.6%	151,9 k €	+8.9%	139,4 k €	+476%	24,2 k €	-46.5%	45,2 k €	+56.6%	28,9 k €	+219%	9,1 k €	+149%	3,6 k €	-90.6%	38,6 k €
Debts	522,7 k €	+4.2%	501,6 k €	-46.4%	935,3 k €	-31.0%	1,4 M €	-13.4%	1,6 M €	+8.3%	1,4 M €	+3.8%	1,4 M €	-9.9%	1,5 M €	+13.1%	1,4 M €	-4.7%	1,4 M €	+6.2%	1,3 M €	+92.9%	699,6 k €	+85.5%	377,2 k €	-8.1%	410,3 k €	+29.6%	316,6 k €	+57.2%	201,4 k €	+11.8%	180,2 k €	-6.0%	191,7 k €	+37.5%	139,5 k €	-19.2%	172,7 k €
Other
Workforce	4,7 ETP	+42.4%	3,3 ETP	-25.0%	4,4 ETP	-22.8%	5,7 ETP	+11.8%	5,1 ETP	-19.0%	6,3 ETP	+1.6%	6,2 ETP	+3.3%	6,0 ETP	-16.7%	7,2 ETP		–		4,7 ETP	+42.4%	3,3 ETP	-13.2%	3,8 ETP	0.0%	3,8 ETP	+46.2%	2,6 ETP	+30.0%	2,0 ETP	+100%	1,0 ETP	+11.1%	0,9 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 · 1 active · 4 ended

Active mandates

BART BELLEMANS

Director

Active

Ended mandates

BART BELLEMANS

Manager · since 26 janvier 2005

Ended

KURT DE SMET

Manager · since 26 janvier 2005 · until 29 janvier 2008

Ended

KURT DE SMET

Manager · since 26 janvier 2005

Ended

BART BELLEMANS

Mandate

Ended

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	01/06/2026	13/08/2025	24/06/2024	08/07/2023	23/06/2022	23/06/2021
General meeting	29/05/2026	12/08/2025	21/06/2024	07/07/2023	27/05/2022	18/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/05/2026	01/06/2026	Dutch	PDF
Abridged model	31/12/2024	12/08/2025	13/08/2025	Dutch	PDF
Abridged model	31/12/2023	21/06/2024	24/06/2024	Dutch	PDF
Abridged model	31/12/2022	07/07/2023	08/07/2023	Dutch	PDF
Abridged model	31/12/2021	27/05/2022	23/06/2022	Dutch	PDF
Abridged model	31/12/2020	18/06/2021	23/06/2021	Dutch	PDF
Abridged model	31/12/2019	19/06/2020	03/07/2020	Dutch	PDF
Abridged model	31/12/2018	21/06/2019	24/06/2019	Dutch	PDF
Abridged model	31/12/2017	15/06/2018	20/06/2018	Dutch	PDF
Micro model	31/12/2016	26/05/2017	21/06/2017	Dutch	PDF
Abridged model	31/12/2015	01/07/2016	29/07/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	29/06/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	24/06/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	26/06/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	25/06/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	17/06/2011	Dutch	PDF
Abridged model	31/12/2009	18/06/2010	09/07/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	29/06/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	19/06/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	30/05/2007	Dutch	PDF

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 · 1 active · 4 ended

Active mandates

BART BELLEMANS

Director

Active

Ended mandates

BART BELLEMANS

Manager · since 26 janvier 2005

Ended

KURT DE SMET

Manager · since 26 janvier 2005 · until 29 janvier 2008

Ended

KURT DE SMET

Manager · since 26 janvier 2005

Ended

BART BELLEMANS

Mandate

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Restructuring25/02/2026
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring22/09/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates28/06/2024
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office12/10/2016
MAATSCHAPPELIJKE ZETEL
PDF
Mandates12/02/2008
BENAMING - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other14/02/2005
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 2025481,4 k €↑
2024
Annual accounts 2024401,1 k €↑
2023
Annual accounts 2023378,5 k €↑
2022
Annual accounts 2022354,5 k €↑
2021
Annual accounts 2021326,9 k €↑
2020
Annual accounts 202039,1 k €↓
2019
Annual accounts 2019114 k €↑
2018
Annual accounts 201893,8 k €↑
2017
Annual accounts 201727,6 k €↓
2016
Annual accounts 201647,4 k €↑
2015
Annual accounts 201530,4 k €↓
2014
Annual accounts 201476,5 k €↑
2013
Annual accounts 201338,5 k €↑
2012
Annual accounts 201218,4 k €↑
2011
Annual accounts 20119,7 k €↑
2010
Annual accounts 20103,1 k €↑
2009
Annual accounts 2009-11,1 k €↓
2008
Annual accounts 20081,3 k €↓
2007
Annual accounts 20072,6 k €↑
2006
Annual accounts 2006-3,5 k €
04/02/2005
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

BEMECO

Overview

What does BEMECO do?

Trend over 20 financial years

Indicative valuation

Board of directors

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