ACTIVE

BSM

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Financial year 2025 · Closed on 30/06/2025

Net result166,7 k €+88,8 %over 1 year

Gross margin2,3 M €

Equity3,5 M €+4,9 %over 1 year

Workforce31,7 ETP+28,3 %over 1 year

Identity

Source · BCE/KBO

BSM is a Private limited company incorporated in 2006. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Ledegem. It employs on average 31,7 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0885.585.749
Incorporation: 12/12/2006
Legal form: Private limited company
Registered office: Nijverheidslaan 3
8880 Ledegem · FlandreSee on map
Contributed capital: 14 410,43 €
Latest accounts: 30/06/2025
Average workforce: 31,7 ETP

Activities (NACE)

25110Manufacture of metal structures and parts of structures· main 25110Manufacture of metal structures and parts of structures 25530Forging, pressing, stamping and roll-forming of metal; powder metallurgy 25620Machining 28110Manufacture of engines and turbines, except aircraft, vehicle and cycle engines 28520Manufacture of machinery and equipment n.e.c.

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 18 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	2,3 M €		–		–		–		1,2 M €
EBITDA	384 k €	+34.6%	285,3 k €	-75.5%	1,2 M €	+20.7%	963,4 k €	+345%	216,5 k €
Operating result	229,3 k €	+69.8%	135 k €	-86.7%	1 M €	+22.9%	824,6 k €	+974%	76,8 k €
Net result	166,7 k €	+88.8%	88,3 k €	-88.5%	767,1 k €	+20.9%	634,7 k €	+1338%	-51,3 k €
Balance sheet
Equity	3,5 M €	+4.9%	3,4 M €	+2.7%	3,3 M €	-0.0%	3,3 M €	-0.0%	3,3 M €
Total assets	6 M €	+7.9%	5,6 M €	-8.1%	6 M €	-7.1%	6,5 M €	+9.3%	6 M €
Cash	83,9 k €	-48.8%	163,9 k €	+64.1%	99,9 k €	-36.1%	156,2 k €	+38.2%	113 k €
Debts	2,5 M €	+12.4%	2,2 M €	-21.0%	2,8 M €	-14.4%	3,2 M €	+25.2%	2,6 M €
Other
Workforce	31,7 ETP	+28.3%	24,7 ETP	+4.2%	23,7 ETP	+11.3%	21,3 ETP	+19.7%	17,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

1 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
RHINO0778.573.765Represented by Jeroen BEEUWSAERT	Directorsince 17/01/2022

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
BEDIGRO0471.324.780Represented by Didier BEEUWSAERT	Manager11/12/2006 → 2008 accountsDirector2021 accounts
BEDOC0473.968.229Represented by Jeroen BEEUWSAERT	Manager11/12/2006 → 2008 accounts

Other companies at this address

Nijverheidslaan 3 8880 Ledegem

Company	CBE no.
ALBATROS● Active	1000.269.047
BEEUWSAERT● Active	0479.888.395
Beeuwsaert Cars● Active	0704.726.774
BEEUWSAERT CONSTRUCT● Active	0862.207.858
BEEUWSAERT IMMO● Active	0524.849.875
DE ZILVERBERG● Active	0849.936.368
GROEP BEEUWSAERT CONSTRUCT● Active	0732.604.277
Neushoorn● Active	1009.764.159
RHINO● Active	0778.573.765
VITELO● Active	1010.381.791

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Full model	Full model	Full model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/10/2025	22/10/2024	19/12/2023	17/10/2022	04/10/2021	12/10/2020
General meeting	25/10/2025	12/10/2024	16/12/2023	24/09/2022	02/10/2021	10/10/2020
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 18 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	25/10/2025	27/10/2025	Dutch	PDF
Full model	30/06/2024	12/10/2024	22/10/2024	Dutch	PDF
Full model	30/06/2023	16/12/2023	19/12/2023	Dutch	PDF
Full model	30/06/2022	24/09/2022	17/10/2022	Dutch	PDF
Abridged model	30/06/2021	02/10/2021	04/10/2021	Dutch	PDF
Abridged model	30/06/2020	10/10/2020	12/10/2020	Dutch	PDF
Abridged model	30/06/2019	12/10/2019	15/10/2019	Dutch	PDF
Abridged model	30/06/2018	06/10/2018	08/10/2018	Dutch	PDF
Abridged model	30/06/2017	07/10/2017	03/11/2017	Dutch	PDF
Full model	30/06/2016	29/10/2016	16/11/2016	Dutch	PDF
Full model	30/06/2015	24/10/2015	16/11/2015	Dutch	PDF
Full model	30/06/2014	20/09/2014	26/09/2014	Dutch	PDF
Full model	30/06/2013	05/10/2013	17/10/2013	Dutch	PDF
Full model	30/06/2012	17/11/2012	19/11/2012	Dutch	PDF
Full model	30/06/2011	28/01/2012	15/02/2012	Dutch	PDF
Full model	30/06/2010	18/12/2010	07/02/2011	Dutch	PDF
Abridged model	30/06/2009	17/09/2009	30/09/2009	Dutch	PDF
Abridged model	30/06/2008	20/09/2008	13/10/2008	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 30/06/2025

1 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
RHINO0778.573.765Represented by Jeroen BEEUWSAERT	Directorsince 17/01/2022

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
BEDIGRO0471.324.780Represented by Didier BEEUWSAERT	Manager11/12/2006 → 2008 accountsDirector2021 accounts
BEDOC0473.968.229Represented by Jeroen BEEUWSAERT	Manager11/12/2006 → 2008 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates04/02/2022
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring16/07/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Restructuring13/11/2020
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Other10/07/2015
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other20/12/2006
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

RHINO

BEDIGRO

BEDOC

200620072008200920102011201220132014201520162017201820192020202120222023202420252026

B.S.M.

Nijverheidslaan 3, 8880 Ledegem

Director

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Nijverheidslaan 3, 8880 LedegemCurrent	accounts 2022 → 2025	Accounts 2025 · 2025-00551517

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
BSMCurrent		CBE
B.S.M.	accounts 2022 → 2025	Accounts 2025 · 2025-00551517

Events

2025
Annual accounts 2025166,7 k €↑
2024
Annual accounts 202488,3 k €↓
2023
Annual accounts 2023767,1 k €↑
2022
Annual accounts 2022634,7 k €↑
2021
Annual accounts 2021-51,3 k €↓
2020
Annual accounts 2020867,3 k €↑
2019
Annual accounts 2019141,2 k €↓
2018
Annual accounts 2018837,4 k €↑
2017
Annual accounts 2017770,8 k €↓
2016
Annual accounts 2016965,6 k €↑
2015
Annual accounts 2015718 k €↑
2014
Annual accounts 2014644,6 k €↑
2013
Annual accounts 2013294,8 k €↓
2012
Annual accounts 2012350,8 k €↑
2011
Annual accounts 2011184,4 k €↓
2010
Annual accounts 2010219,1 k €↓
2009
Annual accounts 2009309,4 k €↑
2008
Annual accounts 2008269,1 k €
12/12/2006
IncorporationPrivate limited company

BSM

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events