BM Engineering

Active Public limited companyfounded 1998active for 28 yearsBeneluxlaan 1A, 8500 KortrijkKBO/BCE: BE 0463.788.474 subsidiary of BM ENGINEERING GROUP

BM Engineering

Financial year 2025

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Annual accounts 2025

full format, filed on 25-08-2026, 25 days late

€2.2m

▼ 16.6%

€364,023

▲ 94.7%

€305,139

▲ 135%

€224,398

▲ 2.4%

3.2%

▲ 0.3 percentage points

1.09

▼ 0.01

The turnover shown is an estimate from the gross margin.

Turnover ≈ €3.8m. Estimated: probably between €2.6m and €6.3m.

Balance sheet

balance sheet total €2.8m on 31-12-2025

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

3.2%

Higher than 12% of 892 companies in 2025.

1.09

Higher than 28% of 880 companies in 2025.

10.8%

Higher than 72% of 891 companies in 2025.

BM Engineering Middle half of the sector 80% of the sector Full accounts in architecture and engineering (NACE 71)

Net result: top quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half · Staff: middle half

Staff

€71,052

Staff costs divided by the average number of full-time equivalents.

-10 people

people who joined people who left

In 2025, 1 person joined and 11 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
`20/58`	2.8m	2.6m	2.7m	2.2m	2.0m	1.7m	1.9m	1.2m	1.1m	1.0m	890,934	822,548	1.1m	1.0m	691,336	603,691	665,547	783,980	877,310	701,551
`21/28`	221,922	257,802	44,979	49,304	55,356	54,091	123,219	145,701	164,015	98,282	82,881	99,268	165,471	145,094	57,753	56,604	43,303	74,313	94,397	67,546
`21`	137,413	147,413	-	-	-	-	-	-	-	-	-	-	45,476	42,482	38,566	33,158	1,747	3,494	3,959	9,676
`22/27`	81,659	110,389	44,979	49,304	55,356	54,091	121,397	143,880	163,474	97,741	82,340	98,727	119,995	100,681	17,257	21,641	40,103	69,719	89,772	57,807
`22`	-	-	-	-	-	-	-	-	-	-	-	-	-	690	989	1,283	1,634	1,985	1,678	1,964
`23`	-	-	-	-	-	-	-	-	-	-	-	-	5,710	5,665	7,657	1,657	3,970	6,640	9,037	12,684
`24`	81,659	110,389	44,979	49,304	55,356	54,091	121,397	143,880	163,474	97,741	82,340	98,727	112,904	94,325	8,610	18,701	34,499	61,094	79,056	43,160
`26`	-	-	-	-	-	-	-	-	-	-	-	-	1,380	-	-	-	-	-	-	-
`28`	2,850	-	-	-	-	-	1,821	1,821	541	541	541	541	-	1,931	1,930	1,805	1,453	1,100	666	62
`29/58`	2.6m	2.3m	2.6m	2.2m	2.0m	1.6m	1.8m	1.0m	907,344	904,971	808,053	723,280	895,589	855,502	633,583	547,087	622,244	709,667	782,913	634,006
`40/41`	2.0m	1.8m	1.8m	1.6m	1.5m	1.2m	1.4m	804,409	627,789	585,320	611,825	597,138	600,849	501,083	310,556	316,450	252,435	376,431	288,748	255,424
`40`	2.0m	1.8m	1.6m	1.5m	1.4m	1.2m	1.4m	775,866	605,798	559,842	545,630	566,604	581,117	404,244	261,065	316,372	217,062	361,549	273,501	240,510
`41`	13,477	21,228	170,308	91,365	89,370	10,000	43,351	28,544	21,991	25,479	66,195	30,534	19,732	96,840	49,491	77	35,374	14,881	15,248	14,914
`50/53`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	125,227	160,000	100,000
`54/58`	583,430	494,857	827,013	558,223	471,104	420,879	377,690	212,402	276,556	318,135	194,433	114,822	292,299	354,419	322,825	224,550	369,809	207,507	295,440	278,098
`490/1`	11,081	43,264	19,191	11,363	11,051	13,938	600	13,515	3,000	1,516	1,795	11,320	2,442	-	202	6,088	-	502	38,725	484
Balance sheet: equity and liabilities
`10/49`	2.8m	2.6m	2.7m	2.2m	2.0m	1.7m	1.9m	1.2m	1.1m	1.0m	890,934	822,548	1.1m	1.0m	691,336	603,691	665,547	783,980	877,310	701,551
`10/15`	90,096	74,308	70,241	69,291	69,353	80,541	79,277	78,725	78,348	76,367	81,970	77,215	76,760	74,668	310,054	289,974	313,303	298,843	274,919	255,909
`10/11`	61,500	61,500	61,500	61,500	61,500	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000
`10`	61,500	61,500	61,500	61,500	61,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`100`	61,500	61,500	61,500	61,500	61,500	-	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000
`12`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	227	227	-	-
`13`	6,150	6,150	6,150	6,150	6,150	6,528	6,528	6,528	6,528	6,528	6,528	6,528	6,528	12,668	248,054	227,974	251,076	236,616	212,919	193,909
`130/1`	6,150	6,150	6,150	6,150	6,150	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	6,150	6,150	6,150	6,150	6,150	-	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200
`132`	-	-	-	-	-	328	328	328	328	328	328	328	328	328	328	64	64	-	-	-
`133`	-	-	-	-	-	6,200	-	-	-	-	-	-	-	6,140	241,526	221,710	244,812	230,416	206,719	187,709
`14`	22,446	6,658	2,591	1,641	1,703	12,013	10,748	10,197	9,820	7,838	13,441	8,686	8,232	-	-	-	-	-	-	-
`16`	244,622	253,679	143,710	95,827	115,616	98,849	103,000	64,375	57,000	3,375	3,375	8,340	8,925	10,000	-	-	-	-	-	-
`160/5`	244,622	253,679	143,710	95,827	115,616	98,849	103,000	64,375	57,000	3,375	3,375	8,340	8,925	10,000	-	-	-	-	-	-
`164/5`	244,622	253,679	143,710	95,827	115,616	98,849	103,000	64,375	57,000	3,375	-	-	-	-	-	-	-	-	-	-
`17/49`	2.5m	2.3m	2.4m	2.0m	1.9m	1.5m	1.7m	1.0m	936,011	923,511	805,589	736,993	975,375	915,928	381,282	313,717	352,245	485,137	602,391	445,642
`17`	111,232	148,889	-	-	-	8,614	42,854	76,751	-	-	-	-	-	-	-	-	-	-	-	-
`170/4`	111,232	148,889	-	-	-	8,614	42,854	76,751	-	-	-	-	-	-	-	-	-	-	-	-
`42/48`	2.4m	2.1m	2.4m	2.0m	1.9m	1.5m	1.7m	954,333	934,441	921,842	802,829	732,781	968,636	915,928	381,282	313,717	352,245	485,137	602,391	445,642
`42`	37,657	36,431	-	-	123,614	196,332	165,287	33,560	-	-	-	-	-	-	-	-	-	-	-	-
`43`	150,263	190,538	368,078	-	-	175,000	-	-	-	-	-	-	-	-	-	1	-	-	-	-
`430/8`	150,263	190,538	368,078	-	-	175,000	-	-	-	-	-	-	-	-	-	1	-	-	-	-
`44`	990,573	1.2m	1.2m	879,968	568,355	430,269	429,300	371,674	407,818	255,753	284,114	215,868	208,145	527,388	283,626	242,411	285,138	316,233	359,387	258,580
`440/4`	990,573	1.2m	1.2m	879,968	568,355	430,269	429,300	371,674	407,818	255,753	284,114	215,868	208,145	527,388	283,626	242,411	285,138	316,233	359,387	258,580
`45`	309,284	448,141	459,875	360,793	339,783	301,437	423,472	361,928	140,878	109,829	111,888	126,913	100,491	145,179	96,418	69,890	65,700	62,811	77,670	50,858
`450/3`	54,498	107,097	127,233	56,267	64,283	87,782	165,580	156,843	43,276	16,975	30,683	42,075	25,691	30,264	31,671	19,241	17,836	14,214	39,388	16,837
`454/9`	254,786	341,044	332,643	304,526	275,500	213,655	257,892	205,085	97,602	92,854	81,205	84,838	74,801	114,915	64,747	50,650	47,864	48,597	38,283	34,021
`47/48`	893,913	225,804	390,628	795,222	822,500	373,995	686,161	187,171	385,745	556,260	406,827	390,000	660,000	243,362	1,238	1,414	1,406	106,093	165,333	136,204
`492/3`	370	88	2,568	85	357	988	1,123	1,842	1,570	1,670	2,760	4,213	6,739	-	-	-	-	-	-	-
Income statement
`76A`	29,791	11,500	14,992	16,290	14,492	12,353	7,581	-	-	-	4,296	-	-	-	-	527	1,402	331	83	-
`9900`	2.2m	2.7m	2.9m	2.6m	2.5m	2.3m	2.4m	1.6m	1.4m	1.3m	1.1m	948,078	1.1m	710,401	574,983	532,098	454,431	490,591	412,235	342,122
`62`	1.8m	2.4m	2.3m	2.1m	1.9m	2.1m	1.8m	1.4m	929,222	813,988	797,809	781,375	798,665	635,812	507,320	444,234	395,048	385,180	324,096	246,095
`630`	35,188	19,307	20,710	20,788	36,211	43,295	59,544	55,387	61,052	46,458	37,769	39,941	78,683	55,557	31,609	41,781	38,611	45,877	54,583	37,470
`631/4`	0	-32,725	32,725	-	-	-	-	-	-	-	-	-	-	-	-	-	2,610	17,750	1,450	-
`635/8`	-9,057	109,969	47,883	-19,788	16,766	-4,151	38,625	7,375	53,625	-	-4,965	-585	-1,075	7,069	-	2,931	-	-	-	-
`640/8`	34,545	2,934	10,683	11,819	19,482	7,291	9,893	5,132	52,848	5,854	10,350	4,989	3,876	2,144	1,531	1,577	1,577	1,552	1,791	492
`66A`	2,220	9,764	-	-	535	313	-	2,168	-	1,229	-	-	2	-	-	65,268	161	1,000	-	1,377
`9901`	364,023	186,973	446,464	434,404	458,326	134,512	473,681	70,915	349,905	423,819	286,953	122,358	247,060	9,819	34,523	41,575	16,585	40,233	30,315	58,064
`75/76B`	-	-	-	-	2	8	1,000	-	1	3	819	200	443	1,262	652	1,256	4,447	2,996	4,661	2,295
`75`	-	-	-	-	2	8	1,000	-	1	3	819	200	443	1,262	652	1,256	4,447	2,996	4,661	2,295
`76B`	-	-	-	-	-	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`65/66B`	30,836	26,490	15,940	5,961	7,153	8,376	9,981	10,348	7,089	8,758	12,983	16,468	20,881	724	983	376	709	6,112	10,287	8,288
`65`	30,836	26,490	15,940	5,961	7,153	7,465	9,981	10,348	7,089	7,529	12,983	16,468	20,881	724	983	376	709	6,112	10,287	8,288
`66B`	-	-	-	-	-	911	-	-	-	1,229	-	-	-	-	-	-	-	-	-	-
`9903`	333,187	160,483	430,524	428,444	451,176	126,144	464,701	60,567	342,817	415,064	279,084	106,090	226,619	10,357	34,192	-22,286	21,565	36,447	24,773	50,695
`67/77`	28,049	30,613	38,946	33,284	26,049	30,990	28,593	23,144	20,836	14,407	17,502	15,635	14,528	3,823	14,112	816	7,106	12,750	5,763	14,535
`9904`	305,139	129,871	391,578	395,160	425,127	95,154	436,107	37,423	321,981	400,657	261,582	90,455	212,092	6,534	20,080	-23,102	14,459	23,697	19,010	36,160
`789`	-	-	-	-	328	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`689`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	65	-	64	-	-	-
`9905`	305,139	129,871	391,578	395,160	425,456	95,154	436,107	37,423	321,981	400,657	261,582	90,455	212,092	6,534	20,015	-23,102	14,396	23,697	19,010	36,160
Appropriation of the result
`9906`	311,796	132,462	393,219	396,863	425,456	105,903	446,304	47,243	329,820	414,098	270,268	98,686	212,092	6,534	20,015	-23,102	14,396	23,697	19,010	36,160
`14P`	6,658	2,591	1,641	1,703	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`791/2`	-	-	-	-	4,898	-	-	-	-	-	-	-	6,140	235,386	-	23,102	-	-	-	-
`691/2`	-	-	-	-	6,150	-	-	-	-	-	-	-	-	-	20,015	-	14,396	23,697	19,010	36,160
`6920`	-	-	-	-	6,150	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`6921`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20,015	-	14,396	23,697	19,010	36,160
`694/7`	289,350	125,804	390,628	395,222	422,500	93,890	435,556	37,046	320,000	406,260	256,827	90,000	210,000	241,920	-	-	-	-	-	-
`694`	-	-	-	-	-	-	-	-	-	-	-	-	-	241,920	-	-	-	-	-	-
`695`	289,350	125,804	390,628	395,222	422,500	93,890	435,556	37,046	320,000	406,260	256,827	90,000	210,000	-	-	-	-	-	-	-
Social balance sheet
`9087`	25.2	32.5	33.2	32.8	32.5	35.5	34.5	27.4	18.5	16.3	15.6	14.5	15.3	12.2	10.8	9.9	8.9	8.6	8	6.7
Hours worked`1013`	43,202	54,921	55,952	56,125	56,812	60,915	58,205	44,900	30,400	27,960	27,292	25,101	26,679	21,040	18,245	16,036	14,284	14,524	12,542	9,796
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The accounts for 7 older financial years (1999-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 23 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 25-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 25 days after the deadline. Filed on 25 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00422472.

Financial year	Type	Filed	Reference	Document
31-12-2025	full format	25-08-2026	2026-00422472	PDF
31-12-2024	abbreviated format	07-07-2025	2025-00235811	PDF
31-12-2023	abbreviated format	25-07-2024	2024-00282307	PDF
31-12-2022	abbreviated format	14-06-2023	2023-00124558	PDF
31-12-2021	abbreviated format	20-06-2022	2022-20073216	PDF
31-12-2020	abbreviated format	01-07-2021	2021-28100424	PDF
31-12-2019	abbreviated format	29-06-2020	2020-21500254	PDF
31-12-2018	abbreviated format	22-08-2019	2019-48500202	PDF
31-12-2017	abbreviated format	30-08-2018	2018-53100208	PDF
31-12-2016	abbreviated format	24-08-2017	2017-46400324	PDF
31-12-2015	abbreviated format	29-08-2016	2016-50600273	PDF
31-12-2014	abbreviated format	24-08-2015	2015-44800468	PDF
31-12-2013	abbreviated format	02-07-2014	2014-24800163	PDF
31-12-2012	abbreviated format	29-03-2013	2013-08400587	PDF
31-12-2011	abbreviated format	30-05-2012	2012-13800183	PDF
31-12-2010	abbreviated format	10-06-2011	2011-15700227	PDF
31-12-2009	abbreviated format	16-06-2010	2010-19100499	PDF
31-12-2008	abbreviated format	04-06-2009	2009-19500306	PDF
31-12-2007	abbreviated format	01-07-2008	2008-32600380	PDF
31-12-2006	abbreviated format	19-06-2007	2007-25100375	PDF
31-12-2005	abbreviated format	29-05-2006	2006-17202629	PDF
31-12-2004	abbreviated format	01-06-2005	2005-19401612	PDF
31-12-2003	abbreviated format	22-06-2004	2004-29201122	PDF
31-12-2002	abbreviated format	04-06-2003	2003-19404497	PDF
31-12-2001	abbreviated format	12-07-2002	2002-37500281	PDF
31-12-2000	abbreviated format	04-07-2001	2001-33604133	PDF
31-12-1999	abbreviated format	05-06-2000	2000-17803868	PDF

Subsidies and aid

Flemish government 2022 to 2025, 7 entries, €24,189 awarded, €19,714 paid

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

€18,208

Vlaams opleidingsverlof (VOV)

€5,981

Year	Entries	Awarded	Paid
2025	1	€1,911	€1,911
2024	2	€14,377	€9,971
2023	2	€3,187	€3,118
2022	2	€4,714	€4,714

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
399,211	206,280	467,174	455,193	494,537	177,807	533,226	126,302	410,958	470,277	324,722	162,300	325,743	65,376	66,132	83,356	55,196	86,110	84,898	95,534
340,327	149,177	412,288	415,948	461,338	138,449	495,652	92,810	383,034	447,115	299,351	130,396	290,775	62,091	51,690	18,679	53,071	69,574	73,593	73,631
8,242	246,004	16,386	14,736	46,771	10,596	41,131	42,091	126,785	66,462	42,877	541	100,991	142,897	32,759	56,281	7,601	25,794	81,434	61,761
88,574	-332,156	268,790	87,119	50,225	43,189	165,288	-64,154	-41,579	123,702	79,611	-177,477	-62,121	31,594	98,276	-145,259	162,302	-87,933	17,342	-
224,398	219,161	171,540	115,899	129,970	134,901	103,035	75,993	-27,096	-16,870	5,224	-9,501	-73,047	-60,425	252,301	233,370	269,999	224,530	180,522	188,364
3.2%	2.9%	2.6%	3.1%	3.4%	4.8%	4.1%	6.7%	7.3%	7.6%	9.2%	9.4%	7.2%	7.5%	44.8%	48.0%	47.1%	38.1%	31.3%	36.5%
1.09	1.10	1.07	1.06	1.07	1.09	1.06	1.08	0.97	0.98	1.01	0.99	0.92	0.93	1.66	1.74	1.77	1.46	1.30	1.42
27.67	30.51	34.70	29.38	26.74	18.46	22.05	13.12	11.95	12.09	9.83	9.54	12.71	12.27	1.23	1.08	1.12	1.62	2.19	1.74
338.7%	174.8%	557.5%	570.3%	613.0%	118.1%	550.1%	47.5%	411.0%	524.6%	319.1%	117.1%	276.3%	8.8%	6.5%	-8.0%	4.6%	7.9%	6.9%	14.1%
10.8%	5.0%	14.8%	18.0%	20.8%	5.7%	22.6%	3.2%	30.1%	39.9%	29.4%	11.0%	20.0%	0.7%	2.9%	-3.8%	2.2%	3.0%	2.2%	5.2%
12.95	7.79	29.31	76.37	69.14	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

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.

Social balance sheet

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	24	34	33	34	32
full-time	20	31	31	31	29
part-time	4	3	2	3	3
in full-time equivalents	23.3	33.5	32.7	33.5	31.5
	25.2	32.5	33.2	32.8	32.5
On a permanent contract	24	34	33	34	32
Joined	1	3	3	6	5
Left	11	2	4	4	8

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€5,392	€96,004	€16,386	€14,736	€46,771
Intangible fixed assets	-	€150,000	-	-	-
Financial fixed assets	€2,850	-	-	-	-
	€35,188	€19,307	€20,710	€20,788	€36,211

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Public contracts

1 award · 2024

Politiezone Getevallei : Verbouwing van een Rijksadministratief Centrum tot politiegebouw te Tienen: S1360 - 1

buyer: PZ Getevallei, bijgestaan door Belfius Bank nvArchitectural, engineering and inspection servicesawarded 25-10-2024€679,5003 tendersTED 680931-2024

Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.

Insights on BM Engineering

The operating result for 2025 is 95% higher than in 2024. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total rises from 87.4% to 88.2%. Equity and debt are higher.

Large changes and their cause

2025 Net result +135% on 2024. The accounts now follow the full format, last year the abbreviated format.
2021 Net result +347% on 2020. Partial demerger to ONEBIM, Official Gazette 14-07-2021.

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency3.2%

Current ratio1.09

Return on assets10.8%

Staff

Staff cost per FTE€71,052

Joined and left-10 people

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2022 to 2025, 7 entries, €24,189 awarded, €19,714 paid

Key figures and ratios

Social balance sheet

Investments

Public contracts

Insights on BM Engineering

Next steps

in euro

in euro

3.2%

1.09

10.8%

€71,052

-10 people