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BAM BORMET

Active
Private limited companyfounded 1974active for 51 yearsAmbachtstraat 1137, 3850 Nieuwerkerken (Limb.), BelgiumKBO/BCE: BE 0414.651.838
Summary

BAM BORMET has been active since 1974 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.0m and a net result of €650,695. Equity is growing by about 4.1% per year across the filed financial years. Its solvency ranks better than 57% of 144 sector peers (NACE 27, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Manufacture of electrical equipment
NACE 27900Manufacture of fabricated metal products, except machinery and equipment NACE 25120
3rd oldest company in Limburg, Electrical equipment sector1 site
Size
€6.7mtotal assets 2025
Staff
23.7 FTE
Equity
€3.0m
Profit
€650,695
Turnover not published (abbreviated format)
Financial health
93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
BAM® Invest · 100%
Board
4 members
Accounts filed 61 days late3 of 7 deeds read
Why 93raises riskLatest accounts 61 days late; 1 of the last 3 latelowers riskFounded in 1974Size: 23.7 FTE, total assets €6.7mProfit of €650,695 (financial year 2025)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 63% of its sector peers (NACE 27, small)
Financial strength · tick = 2024
Strong
Solvency 69+4
equity 44.1% of total assets
Liquidity 44+1
short-term debt 35.3% · cash 8.2%
Profitability 81+5
return on assets 9.7%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (92 companies, NACE 27, small)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.2%▼ -0.1 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.4 percentage points vs 07-2026 09-2026: 0.7%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.1%▼ -0.6 percentage points vs 09-2026lowest value
Credit of up to €270,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.58, compared with 1.51 in 2024, above the usual 1.5; short-term debt: 35.3% and cash: 8.2% of total assets), but 55.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 27, small): better than 59% on solvency, 45% on liquidity, 76% on profitability and 72% on growth.

The bankruptcy probability was computed on 19-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1974
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: 23.7 FTE, total assets €6.7m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Profit of €650,695 (financial year 2025)
NBB · annual accounts
raises risk · Latest accounts 61 days late; 1 of the last 3 late
NBB · filings
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
61 days late
2024
35 days early
2023
7 days early
2022
46 days early
2021
10 days early
2020
8 days early
2019
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 7 days before the deadline; the sector median (NACE 27) for financial year 2024 is 6 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 July (4 of the last 5 filed years within 36 days of that day).
Companies Code · seven months
Where today falls in the filing period
19-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Appointments: Gert Kelles, Dries Schreurs and…Resignations: Dennis Gouka Management, SAS…
  3. Highest result from 2018 to 2025net €650,695 ▲84.1%

Key points

  • Positive: Result rose in 2025from €353,517 to €650,695 ▲ 84.1% View
  • Positive: Among the best 5% on equitysector median €403,387 · 144 companies €3.0m View
  • Board changedlatest change 01-09-2026 · 4 in office 4 joined · 1 left View
  • Caution: Latest accounts filed lateafter the legal deadline 61 days View
  • Positive: 8 profitable years in a rowprofit 2025: €650,695 8 years View
  • Controlled by BAM® Invest 100% View
  • Active since 1974founded 28-11-1974 51 years View

By topic

Financials

Financial year
2025
Total assets
€6.7m
Profit
€650,695
Solvency
44.1%
Total assets▲ 8.1%
Net result
20182025
Go to Financials

Board & ownership

Board
4 members
Parent
BAM® Invest · 100%
  • Dennis GoukaManaging director
  • Dries SchreursDirector
  • Gert KellesDirector
  • Grégory LepageDirector
Go to Board & ownership

Timeline

Events
54
Since
1978
Next accounts
by 31-07-2027
  1. 26-06-2025Annual accounts filed
  2. 02-06-2025Resignations: Creafim (director) and Halsängs stängsel Aktiebolag…
  3. 24-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of electrical equipmentNACE 27900
Founded
28-11-1974
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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