Skip to content

Bekaert Advanced Cords Aalter NV

Active
Public limited companyfounded 2016active for 10 yearsLéon Bekaertlaan 5, 9880 Aalter, BelgiumKBO/BCE: BE 0645.654.071
Summary

Bekaert Advanced Cords Aalter NV has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47.3m and a net result of -€3.8m. Equity is growing by about 8% per year across the filed financial years. Its solvency ranks better than 86% of 823 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisFollow ReportCompare
Bekaert Advanced Cords Aalter NVActiveChecked score 85/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of fabricated metal products, except machinery and equipment
NACE 25999Manufacture of fabricated metal products, except machinery and equipment NACE 25930
2nd largest company by equity in Aalter, Manufacturing sector1 site
Size
€51.1mturnover 2025
Staff
111.7 FTE
Equity
€47.3m
Loss
-€3.8m
Financial health
85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Parent
Bekaert Wire Rope Industry NV · 100%
Holdings
2
Auditor: EY Bedrijfsrevisoren BV2025 accounts 52 days early4 of 26 deeds summarised
Why 85raises riskLiquidity: current ratio 2.55Loss of €3.8m (financial year 2025)Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)lowers riskSize: turnover €51.1m, 111.7 FTE, total assets €60.2mShow the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 69% of its sector peers (NACE 25, medium-sized)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 78.4% of total assets
Liquidity 86+44
short-term debt 21.3%
Profitability 69-12
return on assets -6.3%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (132 companies, NACE 25, medium-sized)
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 01-2025lowest value 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: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.3%▼ -0.1 percentage points vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.3%▼ -0.1 percentage points vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026 09-2026: 0.6%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.4%▼ -0.2 percentage points vs 09-2026
Credit of up to €4,000,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.55, compared with 1.82 in 2024, above the usual 1.5; short-term debt: 21.3% of total assets), and 21.6% 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 25, medium-sized): better than 95% on solvency, 97% on liquidity, 52% on profitability and 31% on growth.

The bankruptcy probability was computed on 24-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 2.55
NBB · annual accounts
raises risk · Loss of €3.8m (financial year 2025)
NBB · annual accounts
lowers risk · Size: turnover €51.1m, 111.7 FTE, total assets €60.2m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
52 days early
2024
50 days early
2023
54 days early
2022
55 days early
2021
67 days early
2020
43 days early
2019
44 days 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 52 days before the deadline; the sector median (NACE 25) for financial year 2024 is 8 days before the deadline, and 35% 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 8 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Raf Rentmeesters (director)Appointment: Stijn Vancompernolle (director) ·…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Weakest financial yearnet -€3.8m

Key points

  • Caution: From profit to loss in 2025after €1.4m in 2024 -€3.8m View
  • Caution: Among the weakest 5% on net resultsector median €79,379 · 823 companies -€3.8m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by Bekaert Wire Rope Industry… 100% View
  • Board changedlatest change 27-04-2026 · 3 in office 1 joined · 1 left View

By topic

Financials

Financial year
2025
Turnover
€51.1m
Loss
-€3.8m
Solvency
78.4%
Turnover▼ 1.9%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
Parent
Bekaert Wire Rope Industry… · 100%
Auditor
EY Bedrijfsrevisoren BV
  • Bruno CluydtsDirector
  • Erik JagersDirector
  • Stijn VancompernolleDirector
Go to Board & ownership

Timeline

Events
18
Since
2017
Next accounts
by 31-07-2027
  1. 24-10-2025Resignation: Carl Vromant (director)
  2. 11-06-2025Annual accounts filed
  3. 10-10-2024Resignation: Damien Boffé (director)
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of fabricated metal products, except machinery and…NACE 25999
Founded
06-01-2016
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Bekaert Advanced Cords Aalter NV

What is the company number of Bekaert Advanced Cords Aalter NV?
0645.654.071. In Belgium the VAT number is the company number with BE in front: BE 0645.654.071.
Where is Bekaert Advanced Cords Aalter NV based?
The registered office is at Léon Bekaertlaan 5, 9880 Aalter.Company details
What does Bekaert Advanced Cords Aalter NV do?
According to the KBO register, the main activity is manufacture of fabricated metal products, except machinery and equipment (NACE 25999).
What is the legal form of Bekaert Advanced Cords Aalter NV?
Public limited company (NV).
When was Bekaert Advanced Cords Aalter NV founded?
On 06-01-2016.
Is Bekaert Advanced Cords Aalter NV still active?
Yes, Bekaert Advanced Cords Aalter NV is an active enterprise in the KBO register.
How many employees does Bekaert Advanced Cords Aalter NV have?
On average 111.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Bekaert Advanced Cords Aalter NV?
€51.1m in financial year 2025, according to the filed annual accounts.
Is Bekaert Advanced Cords Aalter NV profitable?
In financial year 2025, Bekaert Advanced Cords Aalter NV made a loss of €3.8m.
Where can I find the annual accounts of Bekaert Advanced Cords Aalter NV?
Bekaert Advanced Cords Aalter NV filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Bekaert Advanced Cords Aalter NV due?
By 31-07-2027, for financial year 2026.Timeline

Companies related to Bekaert Advanced Cords Aalter NV

Go further with this company

How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What support did similar companies receive that this one did not?Subsidies

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure