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 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BDMO from Tielt, company number BE0433157656, closed financial year 2025 with a result of € 228,652 after tax. For that financial year BDMO recorded revenue of € 10.4 million and equity of € 669,418. Compared with financial year 2024, the result moved from € -503,496 to € 228,652. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 669,418
▲ 52% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 228,652
▲ still € 503,496 loss in 2024
Profit after tax over the fiscal year.
€ 146,586
▲ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -17,495.
People and assets in 2025
56.6
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.2 million
▼ 7% vs 2024
€ 56,300 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.
€ 320,552
▼ 38% vs 2024
Of which on lease € 313,273.
Debts at end 2025
€ 3.8 million
▲ 9% vs 2024
€ 298,128 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 775,199
▼ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 42 days on average.
€ 510,190
▼ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 15,104,628 | € 11,414,533 | € 10,384,445 | € 10,357,521 | |
| Profit after taxes | € 6,557 | € -984,964 | € -503,496 | € 228,652 | ▲ € 732,149 |
| Equity | € 1,929,225 | € 944,262 | € 440,765 | € 669,418 | ▲ 52% |
| Total debts | € 8,162,963 | € 6,370,306 | € 5,365,893 | € 5,133,353 | ▼ 4% |
| Cash | € 334,273 | € 334,726 | € 137,793 | € 146,586 | ▲ 6% |
| Land & buildings | € 788,110 | € 693,186 | € 604,566 | € 515,946 | ▼ 15% |
| Retained profit | € 1,242,313 | € 257,349 | € -246,148 | € -17,495 | ▲ € 228,652 |
| Bank debt | € 6,057,659 | € 4,812,244 | € 3,529,301 | € 3,838,412 | ▲ 9% |
| Balance sheet total | € 10,092,189 | € 7,314,568 | € 5,806,659 | € 5,806,521 | |
| Employees (FTE) | 65.5 | 62.4 | 57.3 | 56.6 | ▼ 0.7 |
Key figures of BDMO, 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 BDMO?
What happened at BDMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Emmanuel Buyck stepped down as director. NBB
- DUCAJU NV stepped down as director. NBB
- INDUSTRIAL PACKAGING SOLUTIONS BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 228,652. Source: NBB ↗
- Emmanuel Buyck became a director. NBB
- DUCAJU NV became a director. NBB
- INDUSTRIAL PACKAGING SOLUTIONS BV became a director. NBB
- New establishment in Tielt. KBO
In short
From € 6,557 profit in 2022 to € 228,652 profit in 2025.
Paid € 2,740 in corporate taxes since 2022.
Best year ever: 2025, with € 228,652 profit.
Pays suppliers within 42 days on average.
Management
The shares are held by DUCAJU (100%).
Directors
According to the 2025 annual accounts
Emmanuel Buyck
Director
Also active at: TIMMERMAN ENERGY & HEAT SOLUTIONS, DCP, HELLYN, CREPRETO, THE ROTATING COMPANY, EVALEUR, DUCAJU, AQUAE FORTUNA
since 2024 · until 2029
since 2023 · until 2029
INDUSTRIAL PACKAGING SOLUTIONS BV
Director · represented by Tom Du Caju
Also active at: HELLYN, MIVOMAP, CREPRETO, DUCAJU, AQUAE FORTUNA
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ambachtenlaan 43
8760 Tielt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Details
- Company number
- 0433.157.656
- VAT number
- BE 0433.157.656
- Registered office
- Ambachtenlaan 43, 8760 Tielt
- Names & denominations
- BDMO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 January 1988
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
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