BAYART is a structural metal fabricator in Kortrijk. Public Limited, started on 23 December 1993, 1 establishment.

What is the address of BAYART?

The registered office of BAYART is located at Oudenaardsesteenweg(Kor) 367, 8500 Kortrijk.

Is BAYART still active?

Yes. According to the CBE (29 October 2026) BAYART is active, legal situation “Normale toestand”, started on 23 December 1993.

Is BAYART registered on Peppol?

Yes, BAYART is registered on the Peppol network with ID 0208:0451790663.

What is the enterprise number of BAYART?

The enterprise number of BAYART is BE0451790663.

When was BAYART founded?

BAYART was founded on 23 December 1993.

Who are the directors of BAYART?

According to the 2025 annual accounts, the directors of BAYART are: Eddy Bayart, Mecoben BV.

Is BAYART a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 23 December 1993; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did BAYART make in 2025?

BAYART posted a profit after taxes of € 670,431 in financial year 2025.

What is the revenue of BAYART?

As a small company, BAYART is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 3,297,268.

How much does an employee at BAYART earn?

The average wage cost per full-time employee at BAYART was € 69,600 in 2025: staff costs of € 2.2 million for 31.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does BAYART have?

According to the 2025 annual accounts, BAYART has 31.2 full-time equivalents (FTE).

BAYART (Public Limited) - Kortrijk - BE0451790663

Dossier BAYART, printed on 29 October 2026 from databakkes.be/en/0451790663/bayart. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

BAYART from Kortrijk, company number BE0451790663, closed financial year 2025 with a result of € 670,431 after tax. For that financial year BAYART recorded a gross margin of € 3.3 million and equity of € 3.2 million. Compared with financial year 2024, the result moved from € 442,368 to € 670,431. 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 July 30, 2026.

What it is worth Growing

€ 3.2 million

▲ 23% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 670,431

▲ 52% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 227,810

▲ 3% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 70,000 paid out

10 % of the profit went to the shareholders, mostly to MECOBEN (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

31.2

▲ 3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 2.2 million

▲ 11% vs 2024

€ 69,600 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.

Vehicles and equipment

€ 196,357

▲ 15% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 12 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1 million

▲ 273% vs 2024

€ 87,500 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.

Owed to suppliers

€ 617,805

▼ 32% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 256,841

▼ 21% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 2,431,832 Gross margin 2022: € 2,431,832 First fiscal year in the series	€ 3,158,844 Gross margin 2023: € 3,158,844 ▲ 30% vs 2022 (€ 2,431,832) Favourable step	€ 2,944,898 Gross margin 2024: € 2,944,898 ▼ 7% vs 2023 (€ 3,158,844) Unfavourable step	€ 3,297,268 Gross margin 2025: € 3,297,268 ▲ 12% vs 2024 (€ 2,944,898) Favourable step	▲ 12%
Profit after taxes	€ 475,663 Profit after taxes 2022: € 475,663 First fiscal year in the series	€ 771,013 Profit after taxes 2023: € 771,013 ▲ 62% vs 2022 (€ 475,663) Favourable step	€ 442,368 Profit after taxes 2024: € 442,368 ▼ 43% vs 2023 (€ 771,013) Unfavourable step	€ 670,431 Profit after taxes 2025: € 670,431 ▲ 52% vs 2024 (€ 442,368) Favourable step	▲ 52%
Equity	€ 1,432,489 Equity 2022: € 1,432,489 First fiscal year in the series	€ 2,173,502 Equity 2023: € 2,173,502 ▲ 52% vs 2022 (€ 1,432,489) Favourable step	€ 2,615,870 Equity 2024: € 2,615,870 ▲ 20% vs 2023 (€ 2,173,502) Favourable step	€ 3,216,301 Equity 2025: € 3,216,301 ▲ 23% vs 2024 (€ 2,615,870) Favourable step	▲ 23%
Total debts	€ 5,637,840 Total debts 2022: € 5,637,840 First fiscal year in the series	€ 3,185,140 Total debts 2023: € 3,185,140 ▼ 44% vs 2022 (€ 5,637,840) Favourable step	€ 2,304,670 Total debts 2024: € 2,304,670 ▼ 28% vs 2023 (€ 3,185,140) Favourable step	€ 2,554,790 Total debts 2025: € 2,554,790 ▲ 11% vs 2024 (€ 2,304,670) Unfavourable step	▲ 11%
Cash	€ 1,180,151 Cash 2022: € 1,180,151 First fiscal year in the series	€ 264,877 Cash 2023: € 264,877 ▼ 78% vs 2022 (€ 1,180,151) Unfavourable step	€ 221,438 Cash 2024: € 221,438 ▼ 16% vs 2023 (€ 264,877) Unfavourable step	€ 227,810 Cash 2025: € 227,810 ▲ 3% vs 2024 (€ 221,438) Favourable step	▲ 3%
Land & buildings	€ 484,091 Land & buildings 2022: € 484,091 First fiscal year in the series	€ 421,073 Land & buildings 2023: € 421,073 ▼ 13% vs 2022 (€ 484,091) Unchanged	€ 357,047 Land & buildings 2024: € 357,047 ▼ 15% vs 2023 (€ 421,073) Unchanged	€ 1,505,489 Land & buildings 2025: € 1,505,489 ▲ € 1.1 million vs 2024 (€ 357,047) Unchanged	▲ € 1.1 million
Retained profit	€ 1,370,489 Retained profit 2022: € 1,370,489 First fiscal year in the series	€ 2,111,502 Retained profit 2023: € 2,111,502 ▲ 54% vs 2022 (€ 1,370,489) Favourable step	€ 2,553,870 Retained profit 2024: € 2,553,870 ▲ 21% vs 2023 (€ 2,111,502) Favourable step	€ 3,154,301 Retained profit 2025: € 3,154,301 ▲ 24% vs 2024 (€ 2,553,870) Favourable step	▲ 24%
Dividend	€ 3,750,000 Dividend 2022: € 3,750,000 First fiscal year in the series	€ 30,000 Dividend 2023: € 30,000 ▼ 99% vs 2022 (€ 3,750,000) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 30,000) Unchanged	€ 70,000 Dividend 2025: € 70,000 Unchanged (€ 0) Unchanged
Bank debt	€ 350,000 Bank debt 2022: € 350,000 First fiscal year in the series	€ 350,000 Bank debt 2023: € 350,000 Unchanged (€ 350,000) Unchanged	€ 269,792 Bank debt 2024: € 269,792 ▼ 23% vs 2023 (€ 350,000) Favourable step	€ 1,007,292 Bank debt 2025: € 1,007,292 ▲ 273% vs 2024 (€ 269,792) Unfavourable step	▲ 273%
Balance sheet total	€ 7,070,329 Balance sheet total 2022: € 7,070,329 First fiscal year in the series	€ 5,358,642 Balance sheet total 2023: € 5,358,642 ▼ 24% vs 2022 (€ 7,070,329) Unchanged	€ 4,920,540 Balance sheet total 2024: € 4,920,540 ▼ 8% vs 2023 (€ 5,358,642) Unchanged	€ 5,771,091 Balance sheet total 2025: € 5,771,091 ▲ 17% vs 2024 (€ 4,920,540) Unchanged	▲ 17%
Employees (FTE)	26 Employees (FTE) 2022: 26 First fiscal year in the series	27.5 Employees (FTE) 2023: 27.5 ▲ 1.5 vs 2022 (26) Unchanged	28.2 Employees (FTE) 2024: 28.2 ▲ 0.7 vs 2023 (27.5) Unchanged	31.2 Employees (FTE) 2025: 31.2 ▲ 3 vs 2024 (28.2) Unchanged	▲ 3

Key figures of BAYART, 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 BAYART?

What happened at BAYART in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2028 Eddy Bayart stepped down as director. NBB
2028 Mecoben BV stepped down as director. NBB
Jul 30, 2026 New annual accounts for financial year 2025: profit of € 670,431 (▲ 52% vs 2024). Source: NBB ↗
2023 Eddy Bayart became a director. NBB
2023 Mecoben BV became a director. NBB
Jan 27, 1994 New establishment in Kortrijk. KBO
Dec 23, 1993 Start of the company according to the CBE. KBO

In short

From € 475,663 profit in 2022 to € 670,431 profit in 2025.

Paid € 699,212 in corporate taxes since 2022.

Best year ever: 2023, with € 771,013 profit.

On average € 105,700 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

MECOBEN 99.8%

The stake of MECOBEN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

BAYART

The shares are held by MECOBEN (99.8%).

Directors

According to the 2025 annual accounts

Eddy Bayart

Director

Also active at: BASCO

since 2023 · until 2028

Mecoben BV

Managing director · represented by Benoit Bayart

Also active at: KORMETAL, BASCO, YBAKOR, IMMO BASCO

since 2023 · until 2028

Shareholders

MECOBEN

99.8%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Oudenaardsesteenweg(Kor) 367

8500 Kortrijk

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

BASCO same network

€ -35,264 gross margin · 2026

YBAKOR same network

€ 311 gross margin · 2025

IMMO BASCO same network

€ 10,099 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0451.790.663

VAT number

BE 0451.790.663

Registered office

Oudenaardsesteenweg(Kor) 367, 8500 Kortrijk

Names & denominations

BAYART

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

23 December 1993

Peppol

Active · Active since 21 Oct 2026

Activities · NACE

Vervaardiging van metalen constructiewerken en delen daarvan

Vervaardiging van metalen constructiewerken en onderdelen daarvan

Verspanend bewerken van metalen

Algemene metaalbewerking

Overige reiniging van gebouwen; industriële reiniging

Overige gespecialiseerde bouwactiviteiten, neg

Industriële reiniging

Overige gespecialiseerde werkzaamheden in de bouw

View on CBE Public ↗ Annual accounts (NBB) ↗

BAYART

Financials

What happened to BAYART?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions