Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 33.2 to 25.2.
Financials
Financial year 2025
BM Engineering from Kortrijk, company number BE0463788474, closed financial year 2025 with a result of € 305,139 after tax. For that financial year BM Engineering recorded a gross margin of € 2.2 million and equity of € 90,096. Compared with financial year 2024, the result moved from € 129,871 to € 305,139. 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 August 25, 2026.
€ 90,096
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 305,139
▲ 135% vs 2024
Profit after tax over the fiscal year.
€ 583,430
▲ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 289,350 paid out
95 % of the profit went to the shareholders, mostly to BM ENGINEERING GROUP (100 % of the shares). That is where the money ends up.
People and assets in 2025
25.2
▼ 7.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.8 million
▼ 24% vs 2024
€ 71,100 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.
€ 81,659
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 299,152
▼ 20% vs 2024
€ 37,657 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 990,573
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 309,284
▼ 31% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,572,977 | € 2,880,917 | € 2,659,862 | € 2,217,435 | ▼ 17% |
| Profit after taxes | € 395,160 | € 391,578 | € 129,871 | € 305,139 | ▲ 135% |
| Equity | € 69,291 | € 70,241 | € 74,308 | € 90,096 | ▲ 21% |
| Total debts | € 2,036,068 | € 2,437,109 | € 2,267,258 | € 2,493,292 | ▲ 10% |
| Cash | € 558,223 | € 827,013 | € 494,857 | € 583,430 | ▲ 18% |
| Retained profit | € 7,791 | € 8,741 | € 12,808 | € 28,596 | ▲ 123% |
| Dividend | € 395,222 | € 390,628 | € 125,804 | € 289,350 | ▲ 130% |
| Bank debt | € 0 | € 368,078 | € 375,858 | € 299,152 | ▼ 20% |
| Balance sheet total | € 2,201,186 | € 2,651,060 | € 2,595,244 | € 2,828,010 | ▲ 9% |
| Employees (FTE) | 32.8 | 33.2 | 32.5 | 25.2 | ▼ 7.3 |
Key figures of BM Engineering, 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 BM Engineering?
What happened at BM Engineering in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Klamalino BV stepped down as director. NBB
- Steven Beirinckx BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 305,139 (▲ 135% vs 2024). filed late Source: NBB ↗
- Klamalino BV became a director. NBB
- Steven Beirinckx BV became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 395,160 profit in 2022 to € 305,139 profit in 2025.
Paid € 130,892 in corporate taxes since 2022.
Best year ever: 2022, with € 395,160 profit.
On average € 88,000 of value added per employee in 2025.
Management
The stake of BM ENGINEERING GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BM EngineeringThe shares are held by BM ENGINEERING GROUP (100%).
Directors
According to the 2025 annual accounts
Director · represented by Beirinckx Steven
Also active at: STUDIEBUREEL STRANGER, STUDIEBURO VAN DER WEE, BM ENGINEERING CONSULTING, BM ENGINEERING TECON, BM ENGINEERING GROUP
since 2021 · until 2027
Director · represented by Vanpoucke Steven
Also active at: STUDIEBUREEL STRANGER, STUDIEBURO VAN DER WEE, BM ENGINEERING CONSULTING, BM ENGINEERING TECON
since 2026 · until 2032
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Beneluxlaan(Kor) 1A
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0463.788.474
- VAT number
- BE 0463.788.474
- Registered office
- Beneluxlaan(Kor) 1A, 8500 Kortrijk
- Names & denominations
- BM Engineering
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 July 1998
- Peppol
- Active · Active since 24 Oct 2025
- Activities · NACE
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