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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Figures corrected NBB
Corrected annual account filed for 2022.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
BAM BORMET from Nieuwerkerken (Limb.), company number BE0414651838, closed financial year 2025 with a result of € 650,695 after tax. For that financial year BAM BORMET recorded a gross margin of € 3 million and equity of € 3 million. Compared with financial year 2024, the result moved from € 353,517 to € 650,695. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 3 million
▲ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 650,695
▲ 84% vs 2024
Profit after tax over the fiscal year.
€ 549,557
▲ 51% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 200,000 paid out
31 % of the profit went to the shareholders, mostly to BAM® Invest (100 % of the shares). That is where the money ends up.
People and assets in 2025
23.7
▲ 4.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.7 million
▲ 21% vs 2024
€ 70,600 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.
€ 90,000
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.9 million
▼ 23% vs 2024
€ 388,343 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 1.3 million
▲ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 262,080
▲ 52% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,260,634 | € 1,970,677 | € 2,325,174 | € 3,013,311 | ▲ 30% |
| Profit after taxes | € 407,323 | € 142,349 | € 353,517 | € 650,695 | ▲ 84% |
| Equity | € 2,465,673 | € 2,468,022 | € 2,521,539 | € 2,972,233 | ▲ 18% |
| Total debts | € 4,246,252 | € 3,574,957 | € 3,708,678 | € 3,765,659 | ▲ 2% |
| Cash | € 490,772 | € 409,470 | € 362,908 | € 549,557 | ▲ 51% |
| Land & buildings | € 2,917,747 | € 2,731,822 | € 2,538,237 | € 2,363,636 | ▼ 7% |
| Retained profit | € 2,400,673 | € 2,403,022 | € 2,456,539 | € 2,907,233 | ▲ 18% |
| Dividend | € 50,000 | € 140,000 | € 300,000 | € 200,000 | ▼ 33% |
| Bank debt | € 3,456,461 | € 2,724,270 | € 2,522,721 | € 1,934,735 | ▼ 23% |
| Balance sheet total | € 6,711,925 | € 6,042,979 | € 6,230,217 | € 6,737,892 | ▲ 8% |
| Employees (FTE) | 20.2 | 18.2 | 18.9 | 23.7 | ▲ 4.8 |
Key figures of BAM BORMET, 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 BAM BORMET?
What happened at BAM BORMET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 650,695 (▲ 84% vs 2024). filed late Source: NBB ↗
- Standaard Blauw BV stepped down as director. NBB
- Gert Kelles became a director. NBB
- Dennis Gouka became a director. NBB
- Dries Schreurs became a director. NBB
- Grégory Lepage became a director. NBB
- Dennis Gouka Management BO stepped down as director. NBB
- GL Partners SAS BO stepped down as director. NBB
In short
From € 407,323 profit in 2022 to € 650,695 profit in 2025.
Paid € 558,583 in corporate taxes since 2022.
Best year ever: 2025, with € 650,695 profit.
On average € 127,100 of value added per employee in 2025.
Management
The stake of BAM® Invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BAM BORMETBehind BAM BORMET are Gert Kelles, Dennis Gouka, Dries Schreurs and Grégory Lepage. The shares are held by BAM® Invest (100%).
Directors
According to the 2025 annual accounts
Gert Kelles
Director
since 2026
since 2026
since 2026
since 2026
since 2023 · until 2026
Dennis Gouka Management BO
Director · represented by Dennis Gouka
since 2025 · until 2026
since 2025 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ambachtstraat 1137
3850 Nieuwerkerken (Limb.)
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0414.651.838
- VAT number
- BE 0414.651.838
- Registered office
- Ambachtstraat 1137, 3850 Nieuwerkerken (Limb.)
- Names & denominations
- BAM BORMET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 November 1974
- Peppol
- Active · Active since 12 Aug 2025
- Activities · NACE
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Vervaardiging van metalen ramen, deuren, wanden en dergelijke
Vervaardiging van elektromagnetisch materiaal voor industriële doeleinden
Vervaardiging van andere elektrische apparatuur
Verhuur van overige roerende goederen voor persoonlijk of huishoudelijk gebruik, n.e.g.
Overige werkzaamheden in verband met de afwerking van gebouwen
Verhuur en lease van andere huishoudelijke of persoonlijke artikelen, neg
Verhuur en lease van andere consumentenartikelen, n.e.g.