ACTIVE

BESTBEND

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Financial year 2025 · closed on 31/12/2025

Net result

-192,4 k €

+17.3% YoY

Gross margin

555,9 k €

-0.9% YoY

Equity

564,8 k €

-25.4% YoY

Workforce

8,3 ETP

+6.4% YoY

What does BESTBEND do?

BESTBEND is a Public limited company incorporated in 2006. Its main activity is: Manufacture of weapons and ammunition. Its registered office is in Heist-op-den-Berg. It employs on average 8,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0885.692.449

Incorporation

14/12/2006

Legal form

Public limited company

Registered office

Industriepark 12
2220 Heist-op-den-Berg · FlandreSee on map

Contributed capital

648 400,76 €

Latest accounts

31/12/2025

Average workforce

8,3 ETP

Activities (NACE)

25402Manufacture of weapons and ammunition· main 25502Forging, pressing, stamping and roll-forming of metal; powder metallurgy 25530Forging, pressing, stamping and roll-forming of metal; powder metallurgy 25620Machining 28402Manufacture of metal forming machinery and machine tools

Joint committees (2)

Signals

Solid equityLow riskGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	555,9 k €	-0.9%	560,7 k €	-45.8%	1 M €	+10.1%	939,8 k €	+8.1%	869,1 k €	-11.2%	978,7 k €	-6.4%	1 M €	+44.0%	726,1 k €	+39.9%	519,1 k €	-28.0%	720,9 k €	+22.6%	588,1 k €	+1.5%	579,5 k €	+129%	253,4 k €	-44.8%	458,8 k €	+8.9%	421,2 k €	-11.3%	474,8 k €	-18.8%	585 k €	+25.5%	466,2 k €	-32.5%	690,2 k €
EBITDA	-18,7 k €	+60.5%	-47,3 k €	-112%	398,4 k €	+55.9%	255,5 k €	-2.2%	261,2 k €	-3.2%	270 k €	-13.9%	313,5 k €	+128%	137,3 k €	+441%	-40,3 k €	-117%	235,8 k €	+146%	95,9 k €	+25.6%	76,4 k €	+121%	-363 k €	-368%	-77,6 k €	-75.4%	-44,2 k €	-172%	61,8 k €	-56.3%	141,3 k €	+122%	63,7 k €	-75.7%	261,4 k €
Operating result	-186,1 k €	+18.8%	-229,3 k €	-204%	221,2 k €	+122%	99,5 k €	-16.8%	119,7 k €	-26.6%	163,1 k €	-31.2%	237 k €	+194%	80,7 k €	+205%	-76,8 k €	-147%	164,1 k €	+653%	21,8 k €	+156%	8,5 k €	+102%	-439,5 k €	-79.8%	-244,5 k €	-145%	-99,9 k €	-3380%	3 k €	-96.5%	86,6 k €	+168%	32,3 k €	-86.0%	230,2 k €
Net result	-192,4 k €	+17.3%	-232,5 k €	-251%	153,6 k €	+62.5%	94,5 k €	-14.9%	111,1 k €	-28.9%	156,1 k €	-32.9%	232,6 k €	+202%	77,1 k €	+197%	-79,4 k €	-151%	157 k €	+3998%	3,8 k €	+274%	1 k €	+100%	-445,8 k €	-75.1%	-254,5 k €	-143%	-104,7 k €	-5573%	-1,8 k €	-102%	92,6 k €	+393%	18,8 k €	-87.3%	147,6 k €
Balance sheet
Equity	564,8 k €	-25.4%	757,1 k €	-23.5%	989,7 k €	+18.4%	836,1 k €	+12.7%	741,6 k €	+17.6%	630,5 k €	+30.2%	484,5 k €	+92.4%	251,8 k €	+44.1%	174,7 k €	-31.3%	254,1 k €	+162%	97,2 k €	+119%	-506,7 k €	+0.2%	-507,7 k €	-720%	-61,9 k €	-132%	192,6 k €	-35.2%	297,3 k €	-0.6%	299,2 k €	+0.5%	297,6 k €	+6.7%	278,8 k €
Total assets	1,1 M €	-8.2%	1,2 M €	-24.4%	1,6 M €	+7.2%	1,5 M €	+4.9%	1,4 M €	-4.1%	1,5 M €	+55.9%	939,4 k €	+48.0%	634,8 k €	+46.1%	434,5 k €	-21.2%	551,4 k €	+2.9%	535,6 k €	+10.7%	483,8 k €	+7.3%	450,8 k €	-16.1%	537,4 k €	-20.2%	673,8 k €	+32.3%	509,1 k €	-32.7%	756,6 k €	+5.6%	716,4 k €	+32.2%	541,9 k €
Cash	119,8 k €	-55.2%	267,1 k €	-39.1%	438,7 k €	+33.1%	329,6 k €	-28.6%	461,3 k €	+28.4%	359,4 k €	+277%	95,2 k €	+62.4%	58,6 k €	+449%	10,7 k €	-90.0%	107,3 k €	+64.7%	65,1 k €	+135%	27,7 k €	+85.6%	14,9 k €	-64.7%	42,3 k €	-19.3%	52,4 k €	-12.3%	59,7 k €	-55.6%	134,5 k €	+275%	35,8 k €	-17.8%	43,6 k €
Debts	532,4 k €	+21.7%	437,6 k €	-25.7%	588,7 k €	-7.8%	638,2 k €	-3.8%	663,3 k €	-20.5%	834 k €	+83.3%	455 k €	+18.8%	383 k €	+47.5%	259,8 k €	-12.6%	297,2 k €	-32.2%	438,5 k €	-55.7%	990,5 k €	+3.3%	958,5 k €	+59.9%	599,3 k €	+24.5%	481,2 k €	+127%	211,8 k €	-53.7%	457,4 k €	+9.2%	418,8 k €	+59.2%	263,1 k €
Other
Workforce	8,3 ETP	+6.4%	7,8 ETP	-11.4%	8,8 ETP	-5.4%	9,3 ETP	-10.6%	10,4 ETP	-8.0%	11,3 ETP	+5.6%	10,7 ETP	+13.8%	9,4 ETP	+9.3%	8,6 ETP	+19.4%	7,2 ETP	-6.5%	7,7 ETP	0.0%	7,7 ETP	-9.4%	8,5 ETP	-2.3%	8,7 ETP	+3.6%	8,4 ETP	+6.3%	7,9 ETP	+5.3%	7,5 ETP	+1.4%	7,4 ETP	-9.8%	8,2 ETP

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 · 18 ended

Active mandates

CONSULTINGE

Director · since 07 juin 2022 · until 07 juin 2028 · 0460.843.139

Represented by Inge De Roovere

Active

PHAROS

Director · since 07 juin 2022 · until 07 juin 2028 · 0471.158.692

Represented by Dominiek Callewier

Active

Ended mandates

EXL Management Services

Director · since 07 juin 2022 · until 08 juillet 2025 · 0668.579.527

Represented by Veerle Lozie

Ended

EXL Management Services

Director · since 07 juin 2022 · until 07 juin 2028 · 0668.579.527

Represented by Veerle Lozie

Ended

CONSULTINGE

Director · since 20 juin 2019 · until 26 mai 2022 · 0460.843.139

Represented by Inge De Roovere

Ended

CONSULTINGE

Director · since 20 juin 2019 · until 07 juin 2022 · 0460.843.139

Represented by Inge De Roovere

Ended

At this address

Other companies at this address

Company	CBE no.
Aluro● Active	0406.792.363
ALURO CNC● Active	0885.691.657
ALURO GROUP● Active	0885.524.579
Aluro Vat Group● Active	0691.912.183
BESTRENT● Active	0870.246.980
COMPAY● Active	1024.530.331
DAISHEM● Active	0890.490.088
Greatoo (Belgium) Holding● Active	0669.769.657
STAR INVEST● Active	0464.782.032

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	22/07/2026	28/08/2025	26/07/2024	07/06/2023	01/08/2022	20/07/2021
General meeting	28/05/2026	08/07/2025	16/07/2024	22/05/2023	07/06/2022	01/06/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	28/05/2026	22/07/2026	Dutch	PDF
Abridged model	31/12/2024	08/07/2025	28/08/2025	Dutch	PDF
Abridged model	31/12/2023	16/07/2024	26/07/2024	Dutch	PDF
Abridged model	31/12/2022	22/05/2023	07/06/2023	Dutch	PDF
Abridged model	31/12/2021	07/06/2022	01/08/2022	Dutch	PDF
Abridged model	31/12/2020	01/06/2021	20/07/2021	Dutch	PDF
Abridged model	31/12/2019	14/05/2020	30/06/2020	Dutch	PDF
Abridged model	31/12/2018	20/06/2019	08/07/2019	Dutch	PDF
Abridged model	31/12/2017	12/04/2018	21/06/2018	Dutch	PDF
Abridged model	31/12/2016	26/05/2017	18/07/2017	Dutch	PDF
Abridged model	31/12/2015	25/03/2016	05/04/2016	Dutch	PDF
Abridged model	31/12/2014	28/05/2015	30/06/2015	Dutch	PDF
Abridged model	31/12/2013	22/05/2014	31/07/2014	Dutch	PDF
Abridged model	31/12/2012	23/05/2013	31/07/2013	Dutch	PDF
Abridged model	31/12/2011	24/05/2012	28/06/2012	Dutch	PDF
Abridged model	31/12/2010	26/05/2011	27/06/2011	Dutch	PDF
Abridged model	31/12/2009	27/05/2010	28/06/2010	Dutch	PDF
Abridged model	31/12/2008	28/05/2009	28/06/2009	Dutch	PDF
Abridged model	31/12/2007	22/05/2008	19/06/2008	Dutch	PDF

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 · 18 ended

Active mandates

CONSULTINGE

Director · since 07 juin 2022 · until 07 juin 2028 · 0460.843.139

Represented by Inge De Roovere

Active

PHAROS

Director · since 07 juin 2022 · until 07 juin 2028 · 0471.158.692

Represented by Dominiek Callewier

Active

Ended mandates

EXL Management Services

Director · since 07 juin 2022 · until 08 juillet 2025 · 0668.579.527

Represented by Veerle Lozie

Ended

EXL Management Services

Director · since 07 juin 2022 · until 07 juin 2028 · 0668.579.527

Represented by Veerle Lozie

Ended

CONSULTINGE

Director · since 20 juin 2019 · until 26 mai 2022 · 0460.843.139

Represented by Inge De Roovere

Ended

CONSULTINGE

Director · since 20 juin 2019 · until 07 juin 2022 · 0460.843.139

Represented by Inge De Roovere

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates26/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/05/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/09/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/04/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/04/2017
ONTSLAGEN - BENOEMINGEN
PDF
Registered office04/02/2016
MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - WIJZIGING RECHTSVORM
PDF
Other03/02/2011
BENAMING
PDF
Restructuring11/03/2008
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, 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 2025-192,4 k €↑
2024
Annual accounts 2024-232,5 k €↓
2023
Annual accounts 2023153,6 k €↑
2022
Annual accounts 202294,5 k €↓
2021
Annual accounts 2021111,1 k €↓
2020
Annual accounts 2020156,1 k €↓
2019
Annual accounts 2019232,6 k €↑
2018
Annual accounts 201877,1 k €↑
2017
Annual accounts 2017-79,4 k €↓
2016
Annual accounts 2016157 k €↑
2015
Annual accounts 20153,8 k €↑
2014
Annual accounts 20141 k €↑
2013
Annual accounts 2013-445,8 k €↓
2012
Annual accounts 2012-254,5 k €↓
2011
Annual accounts 2011-104,7 k €↓
2010
Annual accounts 2010-1,8 k €↓
2009
Annual accounts 200992,6 k €↑
2008
Annual accounts 200818,8 k €↓
2007
Annual accounts 2007147,6 k €
14/12/2006
IncorporationPublic 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

BESTBEND

Overview

What does BESTBEND do?

Trend over 19 financial years

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