BEXAN
Annual accounts 2025
full format, filed on 23-06-2026, 38 days before the deadlineThe turnover shown is an estimate from the gross margin.
Turnover ≈ €120,000. Estimated: probably between €77,000 and €190,000.
Money flows
no detail for 2025Balance sheet
balance sheet total €132,826 on 31-12-2025in euro
in euro
Position in the sector
76.2%
Higher than 70% of 3,873 companies in 2025.
2.19
Higher than 64% of 3,727 companies in 2025.
13.8%
Higher than 80% of 3,849 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||
20/58 |
132,826 | 124,406 | 118,570 | 121,980 | 123,001 | 130,190 | 136,021 | 148,971 | 156,271 | 220,480 | 217,870 | 241,836 | 241,252 | 248,446 | 273,730 | 243,744 | 286,267 | 294,925 | |
21/28 |
63,835 | 60,422 | 64,867 | 76,407 | 86,940 | 105,106 | 117,070 | 114,117 | 125,160 | 153,693 | 176,177 | 152,253 | 171,801 | 184,009 | 188,111 | 186,619 | 211,787 | 223,444 | |
22/27 |
63,260 | 59,847 | 64,292 | 75,832 | 86,365 | 104,531 | 116,495 | 113,542 | 124,735 | 153,268 | 175,752 | 151,828 | 171,376 | 183,584 | 187,686 | 186,194 | 211,362 | 223,019 | |
22 |
56,275 | 58,037 | 60,217 | 66,817 | 72,754 | 84,018 | 91,781 | 102,910 | 114,038 | 125,166 | 136,294 | 136,892 | 147,493 | 158,095 | 168,725 | 179,399 | 199,609 | 210,427 | |
23 |
6,795 | 1,161 | 2,666 | 8,067 | 13,611 | 20,091 | 23,742 | 10,376 | 10,697 | 13,185 | 17,082 | 14,936 | 19,047 | 15,818 | 18,384 | 4,441 | 7,621 | 6,683 | |
24 |
190 | 649 | 1,409 | 948 | - | 422 | 972 | 256 | - | 14,917 | 22,376 | - | 4,836 | 9,671 | 577 | 2,354 | 4,132 | 5,909 | |
28 |
575 | 575 | 575 | 575 | 575 | 575 | 575 | 575 | 425 | 425 | 425 | 425 | 425 | 425 | 425 | 425 | 425 | 425 | |
29/58 |
68,991 | 63,984 | 53,703 | 45,573 | 36,061 | 25,084 | 18,951 | 34,854 | 31,111 | 66,787 | 41,693 | 89,583 | 69,451 | 64,437 | 85,619 | 57,125 | 74,480 | 71,481 | |
40/41 |
3,691 | 3,284 | 14,355 | 17,936 | 5,547 | 7,564 | 17,708 | 25,157 | 11,516 | 33,463 | 37,621 | 72,399 | 57,840 | 47,192 | 52,509 | 51,571 | 73,546 | 58,386 | |
40 |
3,691 | 3,284 | 14,355 | 17,936 | 5,547 | 7,557 | 17,701 | 25,150 | 11,509 | 33,456 | 34,371 | 72,097 | 57,235 | 47,192 | 52,509 | 51,571 | 73,546 | 58,386 | |
41 |
- | - | - | - | - | 7 | 7 | 7 | 7 | 7 | 3,250 | 302 | 605 | - | - | - | - | - | |
50/53 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12,500 | |
54/58 |
59,800 | 56,700 | 35,348 | 27,637 | 30,514 | 17,520 | 1,243 | 9,697 | 19,595 | 33,324 | 3,668 | 16,780 | 11,611 | 12,067 | 33,110 | 5,554 | 934 | 595 | |
490/1 |
5,500 | 4,000 | 4,000 | - | - | - | - | - | - | - | 404 | 404 | - | 5,178 | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||
10/49 |
132,826 | 124,406 | 118,570 | 121,980 | 123,001 | 130,190 | 136,021 | 148,971 | 156,271 | 220,480 | 217,870 | 241,836 | 241,252 | 248,446 | 273,730 | 243,744 | 286,267 | 294,925 | |
10/15 |
101,258 | 82,870 | 62,961 | 55,469 | 46,703 | 50,393 | 51,802 | 49,711 | 48,117 | 54,127 | 40,747 | 38,331 | 25,710 | 22,607 | 11,331 | 221 | -4,775 | -45,814 | |
10/11 |
49,578 | 49,578 | 49,578 | 49,578 | 49,578 | 49,578 | 49,578 | 49,578 | 49,579 | 49,579 | 49,579 | 49,579 | 49,579 | 49,579 | 49,579 | 49,579 | 49,579 | 49,579 | |
10 |
49,578 | 49,578 | 49,578 | 49,578 | 49,578 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
49,578 | 49,578 | 49,578 | 49,578 | 49,578 | 49,578 | 49,578 | 49,578 | 49,579 | 49,579 | 49,579 | 49,579 | 49,579 | 49,579 | 49,579 | 49,579 | 49,579 | 49,579 | |
13 |
584 | 584 | 584 | 584 | 584 | 584 | 584 | 584 | 584 | 4,548 | 584 | 584 | 584 | 584 | 584 | 584 | 584 | 584 | |
130/1 |
584 | 584 | 584 | 584 | 584 | 584 | 584 | 584 | 584 | 584 | 584 | 584 | 584 | 584 | 584 | 584 | 584 | 584 | |
130 |
- | - | - | - | - | - | - | - | - | 3,964 | - | - | - | - | - | - | - | - | |
1319 |
584 | 584 | 584 | 584 | 584 | 584 | 584 | 584 | 584 | 584 | 584 | 584 | 584 | 584 | 584 | 584 | 584 | 584 | |
14 |
51,096 | 32,708 | 12,799 | 5,307 | -3,459 | 231 | 1,640 | -451 | -2,046 | - | -9,416 | -11,832 | -24,453 | -27,556 | -38,832 | -49,942 | -54,938 | -95,977 | |
17/49 |
31,568 | 41,536 | 55,609 | 66,511 | 76,298 | 79,797 | 84,219 | 99,260 | 108,154 | 166,353 | 177,123 | 203,505 | 215,542 | 225,839 | 262,399 | 243,523 | 291,042 | 340,739 | |
42/48 |
31,568 | 41,536 | 55,609 | 66,511 | 76,298 | 79,797 | 84,219 | 99,260 | 108,154 | 166,353 | 177,123 | 203,505 | 215,542 | 224,937 | 262,399 | 243,523 | 289,405 | 340,739 | |
44 |
2,610 | 9,321 | 11,036 | 12,387 | 7,759 | 5,117 | 4,682 | 1,883 | 2,472 | 460 | 168 | 2,871 | 932 | - | 23,595 | - | - | 99 | |
440/4 |
2,610 | 9,321 | 11,036 | 12,387 | 7,759 | 5,117 | 4,682 | 1,883 | 2,472 | 460 | 168 | 2,871 | 932 | - | 23,595 | - | - | 99 | |
45 |
3,546 | 3,112 | 2,797 | 3,945 | 2,970 | 3,743 | 1,383 | 1,575 | 1,107 | 7,690 | 1,452 | 7,791 | 5,441 | 5,199 | 1,344 | 1,234 | 3,626 | 1,316 | |
450/3 |
3,546 | 3,112 | 2,797 | 3,945 | 2,970 | 3,743 | 1,383 | 1,575 | 1,107 | 7,690 | 1,452 | 7,791 | 5,441 | 5,199 | 1,344 | 1,234 | 3,626 | 1,316 | |
47/48 |
25,412 | 29,103 | 41,776 | 50,179 | 65,569 | 70,937 | 78,154 | 95,802 | 104,575 | 158,203 | 175,503 | 192,843 | 209,169 | 219,738 | 237,460 | 242,289 | 285,779 | 339,324 | |
492/3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 902 | - | - | 1,637 | - | |
| Income statement | |||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 81,512 | - | - | - | |
9900 |
47,881 | 53,720 | 56,169 | 58,286 | 46,857 | 31,819 | 41,885 | 40,810 | 49,200 | 45,987 | 32,885 | 46,676 | 30,705 | 35,355 | 31,614 | 32,762 | 60,427 | 31,840 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 49,898 | - | - | - | |
630 |
3,502 | 4,445 | 12,572 | 15,480 | 18,166 | 18,294 | 17,795 | 13,917 | 31,883 | 23,805 | 27,265 | 23,033 | 23,464 | 22,346 | 18,008 | 25,168 | 17,298 | 14,205 | |
640/8 |
20,060 | 27,324 | 34,851 | 33,937 | 32,320 | 14,851 | 21,926 | 25,213 | 23,226 | 1,654 | 1,740 | 1,619 | 1,880 | 1,795 | 2,628 | 2,603 | 2,824 | 3,122 | |
9901 |
24,319 | 21,951 | 8,746 | 8,869 | -3,629 | -1,326 | 2,164 | 1,680 | -5,909 | 20,528 | 3,880 | 22,024 | 5,361 | 11,214 | 10,978 | 4,991 | 40,305 | 14,513 | |
75/76B |
198 | 252 | 84 | - | 19 | - | 3 | 8 | 13 | 43 | 59 | 83 | 174 | 349 | 67 | 10 | 777 | 265 | |
75 |
198 | 252 | 84 | - | 19 | - | 3 | 8 | 13 | 43 | 59 | 83 | 174 | 349 | 67 | 10 | 777 | 265 | |
65/66B |
265 | 125 | 96 | 103 | 80 | 83 | 76 | 93 | 114 | 81 | 77 | 108 | 75 | 52 | 51 | 44 | 43 | 14 | |
65 |
265 | 125 | 96 | 103 | 80 | 83 | 76 | 93 | 114 | 81 | 77 | 108 | 75 | 52 | 51 | 44 | 43 | 14 | |
9903 |
24,252 | 22,078 | 8,734 | 8,766 | -3,690 | -1,409 | 2,091 | 1,595 | -6,010 | 20,490 | 3,862 | 21,999 | 5,460 | 11,511 | 10,994 | 4,957 | 41,039 | 14,764 | |
67/77 |
5,864 | 2,169 | 1,242 | - | - | - | - | - | - | 7,110 | 1,446 | 9,378 | 2,357 | 57 | -116 | -39 | - | -49 | |
9904 |
18,388 | 19,909 | 7,492 | 8,766 | -3,690 | -1,409 | 2,091 | 1,595 | -6,010 | 13,380 | 2,416 | 12,621 | 3,103 | 11,454 | 11,110 | 4,996 | 41,039 | 14,813 | |
9905 |
18,388 | 19,909 | 7,492 | 8,766 | -3,690 | -1,409 | 2,091 | 1,595 | -6,010 | 13,380 | 2,416 | 12,621 | 3,103 | 11,454 | 11,110 | 4,996 | 41,039 | 14,813 | |
| Appropriation of the result | |||||||||||||||||||
9906 |
51,096 | 32,708 | 12,799 | 5,307 | -3,459 | 231 | 1,640 | -451 | -6,010 | 3,964 | -9,416 | -11,832 | -24,453 | -27,556 | -38,832 | -49,942 | -54,938 | -95,977 | |
14P |
32,708 | 12,799 | 5,307 | -3,459 | 231 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | - | - | - | 3,964 | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | 3,964 | - | - | - | - | - | - | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | 3,964 | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||||
The accounts for 12 older financial years (1996-2007) were filed as documents without figures as data, scans for example.
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 23-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 23-06-2026 | 2026-00196064 | |
| 31-12-2024 | abbreviated format | 14-06-2025 | 2025-00145854 | |
| 31-12-2023 | abbreviated format | 15-06-2024 | 2024-00135661 | |
| 31-12-2022 | abbreviated format | 28-06-2023 | 2023-00168519 | |
| 31-12-2021 | abbreviated format | 26-05-2022 | 2022-20042897 | |
| 31-12-2020 | abbreviated format | 25-05-2021 | 2021-15300352 | |
| 31-12-2019 | abbreviated format | 23-05-2020 | 2020-12900350 | |
| 31-12-2018 | abbreviated format | 27-05-2019 | 2019-14600261 | |
| 31-12-2017 | abbreviated format | 13-06-2018 | 2018-18500487 | |
| 31-12-2016 | micro format | 19-06-2017 | 2017-18600233 | |
| 31-12-2015 | abbreviated format | 30-05-2016 | 2016-14400527 | |
| 31-12-2014 | abbreviated format | 12-06-2015 | 2015-17200089 | |
| 31-12-2013 | abbreviated format | 13-08-2014 | 2014-42500012 | |
| 31-12-2012 | abbreviated format | 22-08-2013 | 2013-45000197 | |
| 31-12-2011 | abbreviated format | 05-07-2012 | 2012-26800399 | |
| 31-12-2010 | abbreviated format | 30-05-2011 | 2011-13200153 | |
| 31-12-2009 | abbreviated format | 31-08-2010 | 2010-52600212 | |
| 31-12-2008 | abbreviated format | 24-06-2009 | 2009-30100322 | |
| 31-12-2007 | abbreviated format | 16-07-2008 | 2008-40300296 | |
| 31-12-2006 | abbreviated format | 10-07-2007 | 2007-37100091 | |
| 31-12-2005 | abbreviated format | 30-08-2006 | 2006-74100076 | |
| 31-12-2004 | abbreviated format | 04-07-2005 | 2005-41501973 | |
| 31-12-2003 | abbreviated format | 01-06-2004 | 2004-18402977 | |
| 31-12-2002 | abbreviated format | 27-06-2003 | 2003-33800309 | |
| 31-12-2001 | abbreviated format | 24-07-2002 | 2002-41501322 | |
| 31-12-2000 | abbreviated format | 24-07-2001 | 2001-42001920 | |
| 31-12-1999 | abbreviated format | 26-06-2000 | 2000-26900005 | |
| 31-12-1998 | abbreviated format | 07-07-1999 | 1999-30200610 | |
| 31-12-1997 | abbreviated format | 07-07-1998 | 1998-28803359 | |
| 31-12-1996 | abbreviated format | 14-07-1997 | 1997-29801001 |
Subsidies and aid
Flemish government 2025, 1 entry, €1,252 awarded, €1,252 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 27,821 | 26,396 | 21,318 | 24,349 | 14,537 | 16,968 | 19,959 | 15,597 | 25,974 | 44,333 | 31,145 | 45,057 | 28,825 | 33,560 | 28,986 | 30,159 | 57,603 | 28,718 | ||
| 21,890 | 24,354 | 20,064 | 24,246 | 14,476 | 16,885 | 19,886 | 15,512 | 25,873 | 37,185 | 29,681 | 35,654 | 26,567 | 33,800 | 29,118 | 30,164 | 58,337 | 29,018 | ||
| 6,915 | 0 | 1,032 | 4,947 | 0 | 6,330 | 20,748 | 2,874 | 3,350 | 1,321 | 51,189 | 3,485 | 11,256 | 18,244 | 19,500 | 0 | 5,641 | 10,084 | ||
| 3,100 | 21,352 | 7,711 | -2,877 | 12,994 | 16,277 | -8,454 | -9,898 | -13,729 | 29,656 | -13,112 | 5,169 | -456 | -21,043 | 27,556 | 4,620 | 339 | - | ||
| 37,423 | 22,448 | -1,906 | -20,938 | -40,237 | -54,713 | -65,268 | -64,406 | -77,043 | -99,566 | -135,430 | -113,922 | -146,091 | -160,500 | -176,780 | -186,398 | -214,925 | -269,258 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | 13.5% | - | - | - | ||
| 76.2% | 66.6% | 53.1% | 45.5% | 38.0% | 38.7% | 38.1% | 33.4% | 30.8% | 24.5% | 18.7% | 15.8% | 10.7% | 9.1% | 4.1% | 0.1% | -1.7% | -15.5% | ||
| 2.19 | 1.54 | 0.97 | 0.69 | 0.47 | 0.31 | 0.23 | 0.35 | 0.29 | 0.40 | 0.24 | 0.44 | 0.32 | 0.29 | 0.33 | 0.23 | 0.26 | 0.21 | ||
| 0.31 | 0.50 | 0.88 | 1.20 | 1.63 | 1.58 | 1.63 | 2.00 | 2.25 | 3.07 | 4.35 | 5.31 | 8.38 | 9.99 | 23.16 | - | - | - | ||
| 18.2% | 24.0% | 11.9% | 15.8% | -7.9% | -2.8% | 4.0% | 3.2% | -12.5% | 24.7% | 5.9% | 32.9% | 12.1% | 50.7% | 98.0% | - | - | - | ||
| 13.8% | 16.0% | 6.3% | 7.2% | -3.0% | -1.1% | 1.5% | 1.1% | -3.8% | 6.1% | 1.1% | 5.2% | 1.3% | 4.6% | 4.1% | 2.0% | 14.3% | 5.0% | ||
| over 100 | over 100 | over 100 | over 100 | over 100 | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | 235 days | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | 173 days | - | - | - |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €6,915 | - | €1,032 | €4,947 | - |
| €3,502 | €4,445 | €12,572 | €15,480 | €18,166 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on BEXAN
The operating result for 2025 is 11% higher than in 2024 and the highest since 2009. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 33.4% to 23.8%. Equity is higher and debt is lower.