Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2024.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
NV BEKAERT SA from Zwevegem, company number BE0405388536, closed financial year 2025 with a result of € 176.3 million after tax. For that financial year NV BEKAERT SA recorded revenue of € 395.6 million and equity of € 1.3 billion. Compared with financial year 2024, the result moved from € 37.9 million to € 176.3 million. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 3, 2026.
€ 1.3 billion
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 176.3 million
▲ € 138.4 million vs 2024
Profit after tax over the fiscal year.
€ 2.8 million
▲ 36% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 94.7 million paid out
54 % of the profit went to the shareholders, mostly to Brocsa (100 % of the shares). That is where the money ends up.
People and assets in 2025
1,149
▼ 71 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 137.3 million
▼ 15% vs 2024
€ 119,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2 million
▲ 57% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 551.5 million
▼ 7% vs 2024
€ 200 million is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 134.9 million
▲ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 106 days on average.
€ 35.8 million
▼ 14% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 587,208,451 | € 488,429,378 | € 443,266,872 | € 395,566,992 | ▼ 11% |
| Profit after taxes | € 487,597,943 | € 286,671,406 | € 37,897,268 | € 176,291,438 | ▲ € 138.4 million |
| Equity | € 1,359,132,510 | € 1,392,092,358 | € 1,310,832,174 | € 1,288,133,476 | ▼ 2% |
| Total debts | € 1,176,594,476 | € 962,304,516 | € 1,105,403,503 | € 1,061,157,643 | ▼ 4% |
| Cash | € 1,867,419 | € 3,111,772 | € 2,043,436 | € 2,783,516 | ▲ 36% |
| Land & buildings | € 7,765 | € 6,343 | € 1,483,767 | € 1,499,821 | ▲ 1% |
| Retained profit | € 1,143,881,682 | € 1,189,434,857 | € 1,109,537,834 | € 1,086,839,137 | ▼ 2% |
| Dividend | € 88,564,198 | € 93,758,060 | € 97,929,453 | € 94,709,168 | ▼ 3% |
| Bank debt | € 850,975,854 | € 663,862,850 | € 590,400,869 | € 551,475,960 | ▼ 7% |
| Balance sheet total | € 2,590,262,254 | € 2,392,252,082 | € 2,447,850,362 | € 2,383,068,386 | ▼ 3% |
| Employees (FTE) | 1,238.1 | 1,227.9 | 1,220 | 1,149 | ▼ 71 |
Key figures of NV BEKAERT SA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to NV BEKAERT SA?
What happened at NV BEKAERT SA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- HENRIETTE FENGER ELLEKROG stepped down as director. NBB
- ERIIKKA SÖDERSTRÖM stepped down as director. NBB
- HENRI JEAN VELGE stepped down as director. NBB
- YVES KERSTENS stepped down as director. NBB
- CHRISTOPHE JACOBS VAN MERLEN stepped down as director. NBB
- EMILIE VAN DE WALLE DE GHELCKE stepped down as director. NBB
- JÜRGEN TINGGREN stepped down as director. NBB
- MAXIME PARMENTIER stepped down as director. NBB
In short
From € 487.6 million profit in 2022 to € 176.3 million profit in 2025.
Best year ever: 2022, with € 487.6 million profit.
Paid out € 375 million in dividends to the owners in total.
Pays suppliers within 106 days on average.
Management
The stake of Brocsa, P2-CAP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NV BEKAERT SAThe shares are held by Brocsa (100%) and P2-CAP. It owns 100% of BEKAERT POLAND Sp. z o.o., 100% of Bekaert Arabia LLC, 100% of BEKAERT BRADFORD UK Ltd, 100% of BEKAERT (SCHWEIZ) AG, 100% of BEKAERT PORTUGAL S.A. and 100% of BEKAERT PETROVICE s.r.o. itself.
Directors
According to the 2025 annual accounts
JÜRGEN TINGGREN
Chairman of the board
since 2019 · until 2027
HENRIETTE FENGER ELLEKROG
Director
since 2020 · until 2029
HENRI JEAN VELGE
Director
since 2016 · until 2028
MAXIME PARMENTIER
Director
since 2022 · until 2027
ERIIKKA SÖDERSTRÖM
Director
since 2020 · until 2029
CAROLINE STORME
Director
since 2019 · until 2027
YVES KERSTENS
Managing director
since 2020 · until 2028
TORALF HAAG
Director
since 2025 · until 2026
CHRISTOPHE JACOBS VAN MERLEN
Director
since 2016 · until 2028
NICOLAS D'HEYGERE
Director
Also active at: Nicolas D'heygere, Packaging PrintCo, Dematra Group, ARGONA, Abts Foods Holding Belgium, Waterland Private Equity, Locquet Holding, pgb-Holding +1 more
since 2025 · until 2026
EMILIE VAN DE WALLE DE GHELCKE
Director
since 2016 · until 2028
Participations
BEKAERT POLAND Sp. z o.o.
100%
Bekaert Arabia LLC
100%
BEKAERT BRADFORD UK Ltd
100%
BEKAERT (SCHWEIZ) AG
100%
BEKAERT PORTUGAL S.A.
100%
BEKAERT PETROVICE s.r.o.
100%
BEKAERT FRANCE SAS
100%
BEKAERT INDUSTRIES PVT Ltd
100%
BEKAERT NEW MATERIALS TRADING
100%
BOSFA Pty Ltd
100%
FALCONIX ENGINEERING GMBH
100%
BEKAERT COMBUSTION TECHNOLOGY B.V.
100%
BEKAERT Gesellschaft m.b.H.
100%
BEKAERT VIETNAM CO., LTD
100%
BEKAERT GmbH
100%
100%
BEKAERT Bohumin s.r.o.
100%
BEKAERT NORTH AMERICA MGT CORP
100%
BBRG FINANCE (UK) Ltd.
100%
BEKAERT HOLDING HONG KONG Limited
100%
BECARE
100%
BEKAERT DO BRASIL Ltda
100%
100%
100%
BEKAERT (THAILAND) CO.,LTD.
98%
BEKAERT IDEAL, S.L.
80%
BEKAERT TOKO METAL FIBER Co., Ltd
70%
FLEXOFIBERS SPAIN, S.L.
51%
BRIDON MIDDLE EAST FZE
49%
BEKAERT HLOHOVEC, a.s.
26.2%
BEKAERT FIGLINE S.r.l.
25%
BEKAERT SLOVAKIA, s.r.o.
25%
BEKAERT SLATINA S.R.L.
25%
BEKAERT SARDEGNA S.p.A.
25%
BEKAERT INVESTMENTS ITALIA S.p.A.
24.3%
Nikko Techno K.K.
10%
6.2%
IONOMR INNOVATIONS INC.
5.2%
PT. BEKAERT INDONESIA
0.8%
LEON BEKAERT S.p.A.
0.1%
BEKAERT TRADE MEXICO S. de R.L
0%
BEKAERT IBERICA HOLDING, S.L.
0%
BEKAERT HEATING ROMANIA S.R.L.
0%
Establishments
Establishment units
Physical locations of this company
Bekaertstraat(Z) 2
8550 Zwevegem
Meulebekestraat 139
8770 Ingelmunster
Active since 1 August 1964
Bourgetlaan 42
1130 Brussel
Active since 1 July 1999
Oude Heerweg 5
8540 Deerlijk
Active since 1 January 1964
Blokkestraat(Z) 21
8550 Zwevegem
Active since 1 January 2006
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →Scheldestroom NV same network
€ 4.9 million revenue · 2025
Bekaert Investments NV same network
Bekaert Coördinatiecentrum NV same network
Bekaert Instelling voor Bedrijfspensioenvoorziening OFP
Bekaert Instelling voor Bedrijfspensioenvoorziening Arbeiders OFP
+6 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0405.388.536
- VAT number
- BE 0405.388.536
- Registered office
- Bekaertstraat(Z) 2, 8550 Zwevegem
- Names & denominations
- NV BEKAERT SA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 October 1935
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
Vervaardiging van artikelen van draad en van kettingen en veren
Vervaardiging van niet-verspanende machines voor de metaalbewerking en van gereedschapswerktuigen voor metaalbewerking
Vervaardiging van ander technisch en industrieel textiel
Bewerken van metaal en poedermetallurgie
Vervaardiging van overige textielproducten, n.e.g.
Vervaardiging van overige gereedschapswerktuigen voor de metaalbewerking
Persen, stampen en profielwalsen van metaal; poedermetallurgie