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BMC

Active
Private limited companyfounded 2006active for 19 yearsFabriekstraat 7, 2260 Westerlo, BelgiumKBO/BCE: BE 0885.148.556

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 28-01-2026 PDF all 18 filings

Turnover
≈ €1.6m
Estimated: probably between €960,000 and €2.7m
Total assets
€3.3m▲ 13.9%
2024 · €2.9m
Net result
€354,531▲ 38.5%
2024 · €255,893
Working capital
€2.2m▲ 31.1%
2024 · €1.7m
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result for 2025 is 43% higher than in 2024 and the highest since 2021. It is the third rise in a row, after the fall in 2022.

Operating result€0.5m 2025 Net result€0.4m 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Manufacture of fabricated metal products, except machinery and equipment (NACE 25). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€0.2m-€0.1m▼ 58.7%€0.4m▲ 278%€0.2m▼ 37.6%€0.3m▲ 27.7%€0.4m▲ 13.1%€0.5m▲ 42.7%
Net result€0.2m-€0.07mwithin the sector's middle half▼ 56.4%€0.3mabove the sector's middle half▲ 291%€0.1mwithin the sector's middle half▼ 51.6%€0.2mabove the sector's middle half▲ 67.0%€0.3mabove the sector's middle half▲ 10.8%€0.4mabove the sector's middle half▲ 38.5%
Equity€1.5m-€1.6mabove the sector's middle half▲ 4.9%€1.9mabove the sector's middle half▲ 18.5%€2.0mabove the sector's middle half▲ 7.4%€2.2mabove the sector's middle half▲ 11.5%€2.5mabove the sector's middle half▲ 11.4%€2.8mabove the sector's middle half▲ 14.2%
Total assets€2.1m-€2.1mwithin the sector's middle half▼ 0.8%€2.6mwithin the sector's middle half▲ 23.0%€2.6mwithin the sector's middle half▲ 1.4%€2.6mwithin the sector's middle half▲ 1.0%€2.9mabove the sector's middle half▲ 9.7%€3.3mabove the sector's middle half▲ 13.9%
Debt€0.6m-€0.5m▼ 15.1%€0.7m▲ 37.1%€0.6m▼ 14.8%€0.4m▼ 34.7%€0.4m▼ 0.2%€0.4m▲ 12.0%
Working capital€0.7m-€1.0mabove the sector's middle half▲ 29.0%€1.0mabove the sector's middle half▲ 0.8%€1.1mabove the sector's middle half▲ 17.7%€1.4mabove the sector's middle half▲ 20.7%€1.7mabove the sector's middle half▲ 24.9%€2.2mabove the sector's middle half▲ 31.1%
Solvency71.7%-75.8%above the sector's middle half▲ 4.1pp73.0%above the sector's middle half▼ 2.8pp77.3%above the sector's middle half▲ 4.3pp85.4%above the sector's middle half▲ 8.0pp86.7%above the sector's middle half▲ 1.3pp86.9%above the sector's middle half▲ 0.2pp
Current ratio2.87-5.67above the sector's middle half▲ 2.793.45above the sector's middle half▼ 2.214.97above the sector's middle half▲ 1.519.06above the sector's middle half▲ 4.0910.30above the sector's middle half▲ 1.2418.68above the sector's middle half▲ 8.37
Return on assets (ROA)8.0%-3.5%within the sector's middle half▼ 4.5pp11.2%within the sector's middle half▲ 7.6pp5.3%within the sector's middle half▼ 5.8pp8.8%within the sector's middle half▲ 3.5pp8.9%within the sector's middle half▲ 0.1pp10.8%within the sector's middle half▲ 1.9pp
Staff (FTE)2.1-2.2below the sector's middle half▲ 4.8%2below the sector's middle half▼ 9.1%2below the sector's middle half=1.4below the sector's middle half▼ 30.0%1below the sector's middle half▼ 28.6%1below the sector's middle half=
above within below The sector band is the middle half of the companies in Manufacture of fabricated metal products, except machinery and equipment (NACE 25). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.3m
Fixed assets €921,555 ▼ 7.3%
Current assets €2.4m ▲ 25.1%
Equity and liabilities €3.3m
Equity €2.8m ▲ 14.2%
Debt €429,235 ▲ 12.0%
Debt's share of the balance-sheet total falls from 13.3% to 13.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€609,844▲
2024 · €458,942
Cash flow
€463,650▲
2024 · €363,903
Debt to equity
0.15▼
2024 · 0.15
ROE
12.4%▲
2024 · 10.3%
Interest coverage
over 100▲
2024 · -371.52
Debt ≤ 1 year
€126,182▼
2024 · €182,833
Debt > 1 year
€150,000▼
2024 · €200,000
Income taxes
€159,002▲
2024 · €117,118
Staff costs
€56,128▲
2024 · €55,705
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as BMC: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €1.9m and €2.7m, founded between 2002 and 2009.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
BMC Westerlo2006€3.3m€2.8m€0.7m€0.4m12025
CASTERS METAALWERKEN Oudsbergen2004€2.6m€2.4m€0.6m€0.2m12025
Laswerken Vissers Kalmthout2006€2.0m€0.3m€0.4m€0.006m12025
D & B METAALCONSTRUCTIE Roeselare2009€2.4m€0.5m€0.4m€0.08m12025
P.S.J. Dessel2003€1.9m€1.0m€0.4m€0.1m1.72025
IMAKO Oostkamp2002€2.7m€1.8m€0.9m€0.4m2.12025
ALLAERT FILIP Kuurne2003€2.3m€0.6m€0.5m€0.08m22025

They were chosen from the 2,093 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 34,693 companies had the same profile as BMC has now. Two years later, 0.7% had gone bankrupt and 95.3% were still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95.3% was still going

That fits the bankruptcy probability of BMC itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 34,693 companies, not a prediction for BMC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines

Source: Annual accounts 2025 (PDF), filed on 28-01-2026.

Balance sheet Code20242025
Assets
Total assets20/58€2.9m€3.3m▲
Fixed assets21/28€1.0m€0.9m▼
Tangible fixed assets22/27€1.0m€0.9m▼
Land and buildings22€0.7m€0.7m▼
Plant, machinery and equipment23€0.04m€0.02m▼
Furniture and vehicles24€0.2m€0.2m▼
Financial fixed assets28€0.002m€0.002m=
Current assets29/58€1.9m€2.4m▲
Amounts receivable within one year40/41€0.08m€0.3m▲
Trade receivables40€0.07m€0.2m▲
Other amounts receivable41€0.02m€0.06m▲
Current investments50/53€1.6m€1.8m▲
Cash at bank and in hand54/58€0.1m€0.3m▲
Deferred charges and accrued income490/1€0.01m€0.01m▼
Equity and liabilities
Total equity and liabilities10/49€2.9m€3.3m▲
Equity10/15€2.5m€2.8m▲
Contributions10/11€0.02m€0.02m=
Reserves13€2.5m€2.8m▲
Distributable reserves133€2.5m€2.8m▲
Amounts payable17/49€0.4m€0.4m▲
Amounts payable after more than one year17€0.2m€0.2m▼
Financial debts170/4€0.2m€0.2m▼
Amounts payable within one year42/48€0.2m€0.1m▼
Trade debts44€0.05m€0.05m▼
Suppliers440/4€0.05m€0.05m▼
Taxes, remuneration and social security45€0.07m€0.02m▼
Taxes450/3€0.07m€0.02m▼
Remuneration and social security454/9€0.003m€0.007m▲
Other amounts payable47/48€0.07m€0.06m▼
Accrued charges and deferred income492/3€410€0.2m▲
Income statement Code20242025
Non-recurring operating income76A-€0.04m
Remuneration, social security and pensions62€0.06m€0.06m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.1m€0.1m▲
Other operating charges640/8€0.01m€0.01m▲
Gross operating margin9900€0.5m€0.7m▲
Operating profit (loss)9901€0.4m€0.5m▲
Financial income75/76B€0.02m€0.02m▼
Recurring financial income75€0.003m€0.02m▲
Non-recurring financial income76B€0.02m€0▼
Financial charges65/66B-€0.001m€0.002m▲
Recurring financial charges65-€0.001m€0.002m▲
Profit (loss) for the period before taxes9903€0.4m€0.5m▲
Income taxes67/77€0.1m€0.2m▲
Profit (loss) for the period9904€0.3m€0.4m▲
Profit (loss) for the period to be appropriated9905€0.3m€0.4m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.3m€0.4m▲
Transfer to equity691/2€0.3m€0.4m▲
To other reserves6921€0.3m€0.4m▲
Social balance sheet
Average headcount (FTE)90871.01.0=

The notes to these accounts have 15 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line2019202020212022202320242025Change
Non-recurring operating income76A----€785-€40,000-
Remuneration, social security and pensions62---€80,027€67,208€55,705€56,128▲ 0.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€104,725€106,213€109,873€104,966€110,943€108,010€109,119▲ 1.0%
Other operating charges640/8---€10,105€10,821€9,676€10,987▲ 13.5%
Gross operating margin9900€457,957€302,812€579,832€438,101€499,333€524,323€676,959▲ 29.1%
Operating profit (loss)9901€249,681€103,122€389,370€243,004€310,361€350,932€500,725▲ 42.7%
Financial income75/76B---€3,171€2,195€20,843€15,093▼ 27.6%
Recurring financial income75€2,843€2,798€1,168€3,171€2,195€2,843€15,093▲ 431%
Non-recurring financial income76B-----€18,000€0▼ 100%
Financial charges65/66B---€51,027-€12,367-€1,235€2,284-
Recurring financial charges65€4,163€6,037€7,254€51,027-€12,367-€1,235€2,284-
Profit (loss) for the period before taxes9903€248,360€99,884€383,284€195,147€324,923€373,011€513,534▲ 37.7%
Income taxes67/77€80,402€26,693€97,426€56,812€93,958€117,118€159,002▲ 35.8%
Profit (loss) for the period9904€167,958€73,191€285,858€138,336€230,965€255,893€354,531▲ 38.5%
Profit (loss) for the period to be appropriated9905€167,958€73,191€285,858€138,336€230,965€255,893€354,531▲ 38.5%
Line2019202020212022202320242025Change
Assets
Total assets20/58€2.1m€2.1m€2.6m€2.6m€2.6m€2.9m€3.3m▲ 13.9%
Fixed assets21/28€1.0m€0.9m€1.2m€1.2m€1.1m€1.0m€0.9m▼ 7.3%
Tangible fixed assets22/27€1.0m€0.9m€1.2m€1.2m€1.1m€1.0m€0.9m▼ 7.3%
Land and buildings22---€0.8m€0.8m€0.7m€0.7m▼ 5.0%
Plant, machinery and equipment23---€0.06m€0.05m€0.04m€0.02m▼ 39.6%
Furniture and vehicles24---€0.3m€0.3m€0.2m€0.2m▼ 9.4%
Financial fixed assets28€0.002m€0.002m€0.002m€0.002m€0.002m€0.002m€0.002m=
Current assets29/58€1.1m€1.2m€1.3m€1.4m€1.5m€1.9m€2.4m▲ 25.1%
Stocks and contracts in progress3-€0.01m------
Amounts receivable within one year40/41€0.2m€0.1m€0.5m€0.2m€0.1m€0.08m€0.3m▲ 202%
Trade receivables40---€0.2m€0.1m€0.07m€0.2m▲ 189%
Other amounts receivable41---€0.01m€0.003m€0.02m€0.06m▲ 250%
Current investments50/53---€0.3m€0.3m€1.6m€1.8m▲ 9.1%
Cash at bank and in hand54/58€0.9m€1.0m€0.9m€0.9m€1.1m€0.1m€0.3m▲ 107%
Deferred charges and accrued income490/1---€0.009m€0.01m€0.01m€0.01m▼ 7.7%
Equity and liabilities
Total equity and liabilities10/49€2.1m€2.1m€2.6m€2.6m€2.6m€2.9m€3.3m▲ 13.9%
Equity10/15€1.5m€1.6m€1.9m€2.0m€2.2m€2.5m€2.8m▲ 14.2%
Contributions10/11€0.01m--€0.02m€0.02m€0.02m€0.02m=
Reserves13€1.5m€1.6m€1.9m€2.0m€2.2m€2.5m€2.8m▲ 14.3%
Non-distributable reserves130/1---€0.002m€0.002m---
Reserves not available under the articles1311---€0.002m€0.002m---
Distributable reserves133---€2.0m€2.2m€2.5m€2.8m▲ 14.3%
Amounts payable17/49€0.6m€0.5m€0.7m€0.6m€0.4m€0.4m€0.4m▲ 12.0%
Amounts payable after more than one year17€0.2m€0.3m€0.3m€0.3m€0.2m€0.2m€0.2m▼ 25.0%
Financial debts170/4---€0.3m€0.2m€0.2m€0.2m▼ 25.0%
Amounts payable within one year42/48€0.4m€0.2m€0.4m€0.3m€0.2m€0.2m€0.1m▼ 31.0%
Trade debts44€0.1m€0.04m€0.3m€0.2m€0.09m€0.05m€0.05m▼ 0.8%
Suppliers440/4---€0.2m€0.09m€0.05m€0.05m▼ 0.8%
Taxes, remuneration and social security45---€0.06m€0.02m€0.07m€0.02m▼ 66.5%
Taxes450/3---€0.05m€0.02m€0.07m€0.02m▼ 76.1%
Remuneration and social security454/9---€0.004m€0.002m€0.003m€0.007m▲ 151%
Other amounts payable47/48---€0.06m€0.06m€0.07m€0.06m▼ 15.2%
Accrued charges and deferred income492/3---€0.004m€0.02m€410€0.2m▲ 373×
Line2019202020212022202320242025Change
Profit (loss) for the period9904€167,958€73,191€285,858€138,336€230,965€255,893€354,531▲ 38.5%
+ Depreciation and write-downs630€104,725€106,213€109,873€104,966€110,943€108,010€109,119▲ 1.0%
Operating cash flow (approximation)€272,684€179,404€395,730€243,301€341,909€363,903€463,650▲ 27.4%
Investment in fixed assets (approximation)--€65,860-€394,543-€77,071-€19,367-€10,130-€36,721▼ 262%
Change in cash-€128,281-€159,845€79,343€155,731-€958,501€155,866-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 18 filings with the National Bank
Financial year Type Filed Reference Document
30-06-2025 abbreviated format 28-01-2026 2026-00016014 PDF
30-06-2024 abbreviated format 20-02-2025 2025-00036963 PDF
30-06-2023 abbreviated format 15-12-2023 2023-00528649 PDF
30-06-2022 abbreviated format 23-12-2022 2022-20545551 PDF
30-06-2021 abbreviated format 24-01-2022 2022-01600016 PDF
30-06-2020 abbreviated format 23-12-2020 2020-76900003 PDF
30-06-2019 abbreviated format 24-01-2020 2020-02100059 PDF
30-06-2018 abbreviated format 15-01-2019 2019-01700059 PDF
30-06-2017 abbreviated format 15-01-2018 2018-01600012 PDF
30-06-2016 abbreviated format 27-12-2016 2016-72200149 PDF

Show all 18 filings

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