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 143.1 to 111.7.
Financials
Financial year 2025
Bekaert Advanced Cords Aalter NV from Aalter, company number BE0645654071, closed financial year 2025 with a result of € -3.8 million after tax. For that financial year Bekaert Advanced Cords Aalter NV recorded revenue of € 51.1 million and equity of € 47.3 million. Compared with financial year 2024, the result moved from € 1.4 million to € -3.8 million. The company made a loss. 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 9, 2026.
€ 47.3 million
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3.8 million
▼ still € 1.4 million profit in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € 23 million.
People and assets in 2025
111.7
▼ 20.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 9.5 million
▼ 14% vs 2024
€ 85,400 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.
€ 150,615
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 10.2 million
▼ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 107 days on average.
€ 2.4 million
▼ 13% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 62,554,995 | € 59,489,156 | € 52,100,835 | € 51,118,536 | ▼ 2% |
| Profit after taxes | € 5,258,898 | € 5,739,739 | € 1,445,205 | € -3,810,772 | ▼ € 5.3 million |
| Equity | € 45,878,669 | € 51,618,408 | € 51,063,612 | € 47,252,841 | ▼ 7% |
| Total debts | € 35,637,015 | € 17,508,097 | € 15,689,794 | € 12,802,478 | ▼ 18% |
| Cash | € 2,887 | € 1,574 | € 1,593 | - | |
| Retained profit | € 21,672,069 | € 27,411,808 | € 26,857,012 | € 23,046,241 | ▼ 14% |
| Dividend | € 0 | € 0 | € 2,000,000 | € 0 | ▼ 100% |
| Bank debt | € 17,800,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 81,916,636 | € 69,403,725 | € 67,008,192 | € 60,243,695 | ▼ 10% |
| Employees (FTE) | 133.4 | 143.1 | 132 | 111.7 | ▼ 20.3 |
Key figures of Bekaert Advanced Cords Aalter NV, 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 Bekaert Advanced Cords Aalter NV?
What happened at Bekaert Advanced Cords Aalter NV in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Erik Jagers stepped down as director. NBB
- Bruno Cluydts stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 3.8 million (▼ € 5.3 million vs 2024). Source: NBB ↗
- Raf Rentmeesters stepped down as director. NBB
- Raf Rentmeesters became a director. NBB
- Erik Jagers became a director. NBB
- Bruno Cluydts became a director. NBB
- New establishment in Aalter. KBO
In short
From € 5.3 million profit in 2022 to € 3.8 million loss in 2025.
Paid € 2 million in corporate taxes since 2022.
Best year ever: 2023, with € 5.7 million profit.
Paid out € 2 million in dividends to the owners in total.
Management
The stake of Bekaert Wire Rope Industry NV comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Bekaert Advanced Cords Aalter NVThe shares are held by Bekaert Wire Rope Industry NV (100%). It owns 0% of Prodinsa S.A. and 0% of ACMA Inversiones S.A. itself.
Directors
According to the 2025 annual accounts
Erik Jagers
Director
since 2024 · until 2027
Raf Rentmeesters
Director
since 2025 · until 2026
Bruno Cluydts
Director
since 2022 · until 2027
Shareholders
Participations
Prodinsa S.A.
0%
ACMA Inversiones S.A.
0%
Establishments
Establishment units
Physical locations of this company
Léon Bekaertlaan 5
9880 Aalter
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
MICROSOFT-CORP-MSN-AS-BLOCK - Microsoft Corporation, US
Domain
Domain
bridon-bekaert.com
Registered
2015-12-07
Registrar
Combell NV
Expires
2026-12-07
Website info
Features
Security
Details
- Company number
- 0645.654.071
- VAT number
- BE 0645.654.071
- Registered office
- Léon Bekaertlaan 5, 9880 Aalter
- Names & denominations
- Bekaert Advanced Cords Aalter NV
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 January 2016
- Peppol
- Active · Active since 17 Dec 2025
- Contact
- bridon-bekaert.com
- Activities · NACE
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