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BREMHOVE

Active
Public limited companyfounded 199531 yrs activeRicksteenweg 38, 8750 Wingene, BelgiumKBO/BCE: BE 0455.526.549
Summary

BREMHOVE has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €298.7m and a net result of €1.7m. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 65% of 449 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability50▼-6
Solvency85▼-3
Growth54▼-17
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,450,000 at 30 days acceptable
Liquidity short (current ratio 0.42 against 0.51 in 2024; short-term debt: 8.6% and cash: 0.3% of total assets), and 40.1% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
59.9%
Return on assets
0.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 31 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
22 d early
2024
21 d early
2023
15 d early
2022
27 d early
2021
31 d early
2020
110 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 9 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

BREMHOVE was incorporated on 29 June 1995.1 Between 2007 and 2023 the capital was increased 8 times, most recently to €160.5m.234 The board currently has 3 members; Enzo Ide has served longest, since 2018.5 Revenue grew from €12.8m in 2022 to €15.0m in 2025 and headcount from 13.6 to 17.2 full-time equivalents.6

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 27-03-2007
  3. 3Belgian State Gazette, 19-07-2022
  4. 4Belgian State Gazette, 22-02-2023
  5. 5Belgian State Gazette, 09-09-2022
  6. 6National Bank, annual accounts 2022 and 2025

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Financials · fiscal year 2025, full schema, statutory accounts

Turnover
€15.0m▲ 7.0%
2024 · €14.0m
EBIT margin
4.2%▼ 10.7pp
2024 · 14.9%
Net result
€1.7m▼ 94.1%
2024 · €29.5m
Working capital
-€24.8m▼ 51.0%
2024 · -€16.4m
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€11.0m▲ 14.3%€12.8m▲ 15.7%€15.6m▲ 22.1%€14.0m▼ 10.3%€15.0m▲ 7.0%
Operating result-€1.1m▲ 49.0%-€0.9m▲ 22.6%€1.0m€2.1m▲ 105%€0.6m▼ 69.7%
Net result€11.5mabove the sector's middle half▲ 264%-€13.6mbelow the sector's middle half€0.7mabove the sector's middle half€29.5mabove the sector's middle half▲ 3,880%€1.7mabove the sector's middle half▼ 94.1%
EBIT margin-9.9%▲ 12.3pp-6.7%▲ 3.3pp6.5%▲ 13.1pp14.9%▲ 8.4pp4.2%▼ 10.7pp
Equity€263.4mabove the sector's middle half▲ 4.6%€263.4mabove the sector's middle half=€265.7mabove the sector's middle half▲ 0.9%€295.2mabove the sector's middle half▲ 11.1%€298.7mabove the sector's middle half▲ 1.2%
Total assets€404.7mabove the sector's middle half▲ 5.9%€453.2mabove the sector's middle half▲ 12.0%€460.9mabove the sector's middle half▲ 1.7%€465.4mabove the sector's middle half▲ 1.0%€498.9mabove the sector's middle half▲ 7.2%
Debt€141.1m▲ 8.4%€171.4m▲ 21.5%€195.2m▲ 13.9%€170.2m▼ 12.8%€200.1m▲ 17.6%
Working capital€109.5mabove the sector's middle half▼ 2.5%-€67.9mbelow the sector's middle half-€45.8mbelow the sector's middle half▲ 32.5%-€16.4mbelow the sector's middle half▲ 64.1%-€24.8mbelow the sector's middle half▼ 51.0%
Solvency65.1%above the sector's middle half▼ 0.8pp58.1%within the sector's middle half▼ 7.0pp57.6%within the sector's middle half▼ 0.5pp63.4%above the sector's middle half▲ 5.8pp59.9%within the sector's middle half▼ 3.5pp
Current ratio3.52above the sector's middle half▼ 1.070.17below the sector's middle half▼ 3.350.29below the sector's middle half▲ 0.120.51below the sector's middle half▲ 0.220.42below the sector's middle half▼ 0.09
Return on assets (ROA)2.9%within the sector's middle half▲ 2.0pp-3.0%below the sector's middle half▼ 5.8pp0.2%within the sector's middle half▲ 3.2pp6.3%within the sector's middle half▲ 6.2pp0.3%within the sector's middle half▼ 6.0pp
Staff (FTE)11.8within the sector's middle half▲ 10.3%13.6within the sector's middle half▲ 15.3%14.5within the sector's middle half▲ 6.6%15.6within the sector's middle half▲ 7.6%17.2within the sector's middle half▲ 10.3%
above within below the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
  • 2021 Net result +264% on 2020. Part of FONDATEL received in a demerger, effective 03-04-2021. Part of PROMOWEST received in a demerger, Official Gazette 19-01-2021.
Result per fiscal year
Operating resultNet result
-€20.0m€0€20.0mOperating result 2021: -€1.1m-€1.1mNet result 2021: €11.5m€11.5mOperating result 2022: -€850,373-€850,373Net result 2022: -€13.6m-€13.6mOperating result 2023: €1.0m€1.0mNet result 2023: €740,872€740,872Operating result 2024: €2.1m€2.1mNet result 2024: €29.5m€29.5mOperating result 2025: €629,272€629,272Net result 2025: €1.7m€1.7m20212022202320242025€0€10m€20m€30mOperating result 2023: €1.0m€1mNet result 2023: €740,872Operating result 2024: €2.1m€2.1mNet result 2024: €29.5m€29mOperating result 2025: €629,272€629,000Net result 2025: €1.7m€1.7m202320242025
The operating result falls in 2025; 2025 is 70% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €498.9m
Fixed assets €480.8m ▲ 7.3%
Current assets €18.1m ▲ 4.8%
Equity and liabilities €498.9m
Equity €298.7m ▲ 1.2%
Provisions €61,224 ▼ 21.4%
Debt €200.1m ▲ 17.6%
Debt's share of the balance-sheet total rises from 36.6% to 40.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€4.2m▼
2024 · €5.3m
Cash flow
€5.3m▼
2024 · €32.7m
Quick ratio
0.37▼
2024 · 0.47
Debt to equity
0.67▲
2024 · 0.58
ROE
0.6%▼
2024 · 10.0%
Interest coverage
0.77▼
2024 · 0.81
Debt ≤ 1 year
€42.9m▲
2024 · €33.7m
Debt > 1 year
€156.0m▲
2024 · €134.6m
Income taxes
-€202▲
2024 · -€13,289
Staff costs
€1.9m▲
2024 · €1.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 103 lines
Balance sheet Code20242025
Assets
Total assets20/58€465.4m€498.9m▲
Formation expenses20€0€0=
Fixed assets21/28€448.2m€480.8m▲
Intangible fixed assets21€0.5m€0.3m▼
Tangible fixed assets22/27€107.4m€115.1m▲
Land and buildings22€76.0m€81.0m▲
Plant, machinery and equipment23€2.0m€1.8m▼
Furniture and vehicles24€2.1m€1.9m▼
Other tangible fixed assets26€27.4m€30.4m▲
Financial fixed assets28€340.2m€365.4m▲
Affiliated companies280/1€317.8m€342.1m▲
Participating interests280€176.3m€208.3m▲
Amounts receivable281€141.6m€133.8m▼
Other financial fixed assets284/8€22.4m€23.3m▲
Shares284€22.4m€23.2m▲
Amounts receivable and cash guarantees285/8€0.04m€0.05m▲
Current assets29/58€17.3m€18.1m▲
Amounts receivable after more than one year29€2.7m€2.9m▲
Trade receivables290-€1.3m
Other amounts receivable291€2.7m€1.5m▼
Stocks and contracts in progress3€1.5m€2.2m▲
Stocks30/36€1.5m€2.2m▲
Goods purchased for resale34€1.5m€2.2m▲
Property held for sale35-€0.01m
Amounts receivable within one year40/41€3.9m€4.9m▲
Trade receivables40€3.5m€4.5m▲
Other amounts receivable41€0.4m€0.4m▼
Current investments50/53€2.0m€2.1m▲
Other investments51/53€2.0m€2.1m▲
Cash at bank and in hand54/58€1.6m€1.7m▲
Deferred charges and accrued income490/1€5.5m€4.3m▼
Equity and liabilities
Total equity and liabilities10/49€465.4m€498.9m▲
Equity10/15€295.2m€298.7m▲
Contributions10/11€160.6m€160.6m=
Capital10€160.5m€160.5m=
Issued capital100€160.5m€160.5m=
Outside capital11€0.1m€0.1m=
Share premium1100/10€0.1m€0.1m=
Revaluation surpluses12€13.6m€15.4m▲
Reserves13€16.3m€16.2m▼
Non-distributable reserves130/1€16.1m€16.1m=
Legal reserve130€16.1m€16.1m=
Tax-exempt reserves132€0.2m€0.2m▼
Distributable reserves133€0.001m€0.001m=
Profit (loss) carried forward14€104.7m€106.5m▲
Provisions and deferred taxes16€0.08m€0.06m▼
Deferred taxes168€0.08m€0.06m▼
Amounts payable17/49€170.2m€200.1m▲
Amounts payable after more than one year17€134.6m€156.0m▲
Financial debts170/4€128.5m€150.8m▲
Credit institutions173€128.5m€150.8m▲
Other amounts payable178/9€6.1m€5.3m▼
Amounts payable within one year42/48€33.7m€42.9m▲
Current portion of amounts payable after more than one year42€4.9m€5.1m▲
Financial debts43€24.9m€34.0m▲
Credit institutions430/8€24.9m€34.0m▲
Trade debts44€1.5m€1.9m▲
Suppliers440/4€1.5m€1.9m▲
Advances received on contracts in progress46€0€0=
Taxes, remuneration and social security45€0.8m€0.4m▼
Taxes450/3€0.6m€0.2m▼
Remuneration and social security454/9€0.1m€0.2m▲
Other amounts payable47/48€1.6m€1.5m▼
Accrued charges and deferred income492/3€1.8m€1.2m▼
Income statement Code20242025
Operating income70/76A€19.9m€17.0m▼
Turnover70€14.0m€15.0m▲
Other operating income74€1.0m€0.1m▼
Non-recurring operating income76A€4.9m€2.0m▼
Operating charges60/66A€17.9m€16.4m▼
Goods for resale, raw materials and consumables60€0.003m€0.3m▲
Purchases600/8€0.9m€1.0m▲
Change in stocks: decrease (increase)609-€0.9m-€0.7m▲
Services and other goods61€9.5m€9.6m▲
Remuneration, social security and pensions62€1.6m€1.9m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3.2m€3.5m▲
Other operating charges640/8€1.5m€1.0m▼
Non-recurring operating charges66A€2.0m-
Operating profit (loss)9901€2.1m€0.6m▼
Financial income75/76B€37.9m€7.9m▼
Recurring financial income75€37.9m€7.9m▼
Income from financial fixed assets750€32.1m€3.5m▼
Income from current assets751€5.8m€4.4m▼
Other financial income752/9€0.003m€0.009m▲
Non-recurring financial income76B€0€1▲
Financial charges65/66B€10.6m€6.8m▼
Recurring financial charges65€7.6m€6.8m▼
Debt charges650€6.6m€5.4m▼
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€1.0m€1.4m▲
Other financial charges652/9€0.06m€0.06m▲
Non-recurring financial charges66B€3.0m-
Profit (loss) for the period before taxes9903€29.5m€1.7m▼
Transfer from deferred taxes780€0.02m€0.02m▼
Income taxes67/77-€0.01m-€202▲
Taxes670/3€0.002m€0.002m▼
Tax adjustments and reversals of tax provisions77€0.02m€0.002m▼
Profit (loss) for the period9904€29.5m€1.7m▼
Transfer from tax-exempt reserves789€0.05m€0.05m▼
Profit (loss) for the period to be appropriated9905€29.5m€1.8m▼
Appropriation of the result
Profit (loss) to be appropriated9906€105.9m€106.5m▲
Profit (loss) brought forward from the previous period14P€76.3m€104.7m▲
Transfer to equity691/2€1.2m-
To the legal reserve6920€1.2m-
Social balance
Average headcount (FTE)908715.617.2▲

The notes to these accounts (104 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€11.4m€12.9m€15.7m€19.9m€17.0m▼ 14.6%
Turnover70€11.0m€12.8m€15.6m€14.0m€15.0m▲ 7.0%
Other operating income74€0.1m€0.09m€0.09m€1.0m€0.1m▼ 89.9%
Non-recurring operating income76A€0.3m€0.003m€0.02m€4.9m€2.0m▼ 60.2%
Operating charges60/66A€12.5m€13.7m€14.7m€17.9m€16.4m▼ 8.2%
Goods for resale, raw materials and consumables60--€0.8m€0.003m€0.3m▲ 8,849%
Purchases600/8-€0.3m-€0.9m€1.0m▲ 4.2%
Change in stocks: decrease (increase)609--€0.3m€0.8m-€0.9m-€0.7m▲ 29.0%
Services and other goods61€8.0m€8.5m€8.4m€9.5m€9.6m▲ 0.8%
Remuneration, social security and pensions62€1.1m€1.2m€1.4m€1.6m€1.9m▲ 20.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2.7m€3.3m€3.1m€3.2m€3.5m▲ 9.5%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€0.002m----
Other operating charges640/8€0.7m€0.7m€0.9m€1.5m€1.0m▼ 31.6%
Non-recurring operating charges66A€0.03m€0.02m€0.05m€2.0m--
Operating profit (loss)9901-€1.1m-€0.9m€1.0m€2.1m€0.6m▼ 69.7%
Financial income75/76B€22.5m€12.2m€6.4m€37.9m€7.9m▼ 79.2%
Recurring financial income75€10.2m€12.2m€6.4m€37.9m€7.9m▼ 79.2%
Income from financial fixed assets750€8.8m€10.3m€1.0m€32.1m€3.5m▼ 89.1%
Income from current assets751€1.4m€1.9m€5.4m€5.8m€4.4m▼ 24.4%
Other financial income752/9€344€1€11€0.003m€0.009m▲ 162%
Non-recurring financial income76B€12.2m--€0€1-
Financial charges65/66B€9.7m€24.9m€6.7m€10.6m€6.8m▼ 35.7%
Recurring financial charges65€1.2m€2.0m€6.2m€7.6m€6.8m▼ 10.2%
Debt charges650€1.1m€1.9m€6.2m€6.6m€5.4m▼ 18.1%
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651---€1.0m€1.4m▲ 43.0%
Other financial charges652/9€0.1m€0.07m€0.05m€0.06m€0.06m▲ 5.1%
Non-recurring financial charges66B€8.4m€22.9m€0.5m€3.0m--
Profit (loss) for the period before taxes9903€11.7m-€13.6m€0.7m€29.5m€1.7m▼ 94.2%
Transfer from deferred taxes780€0.02m€0.02m€0.02m€0.02m€0.02m▼ 8.8%
Income taxes67/77€0.2m€0.004m€0.008m-€0.01m-€202▲ 98.5%
Taxes670/3€0.2m€0.004m€0.008m€0.002m€0.002m▼ 23.3%
Tax adjustments and reversals of tax provisions77---€0.02m€0.002m▼ 88.0%
Profit (loss) for the period9904€11.5m-€13.6m€0.7m€29.5m€1.7m▼ 94.1%
Transfer from tax-exempt reserves789€0.05m€0.05m€0.05m€0.05m€0.05m▼ 8.8%
Profit (loss) for the period to be appropriated9905€11.6m-€13.5m€0.8m€29.5m€1.8m▼ 94.0%
Line20212022202320242025Change
Assets
Total assets20/58€404.7m€453.2m€460.9m€465.4m€498.9m▲ 7.2%
Formation expenses20---€0€0-
Fixed assets21/28€251.6m€439.3m€442.2m€448.2m€480.8m▲ 7.3%
Intangible fixed assets21€0.09m€0.9m€0.7m€0.5m€0.3m▼ 38.6%
Tangible fixed assets22/27€85.3m€100.1m€106.1m€107.4m€115.1m▲ 7.2%
Land and buildings22€60.2m€74.2m€76.5m€76.0m€81.0m▲ 6.6%
Plant, machinery and equipment23€2.6m€1.0m€2.0m€2.0m€1.8m▼ 5.9%
Furniture and vehicles24€0.4m€2.1m€1.9m€2.1m€1.9m▼ 6.3%
Other tangible fixed assets26€22.1m€22.9m€25.8m€27.4m€30.4m▲ 10.8%
Financial fixed assets28€166.2m€338.3m€335.4m€340.2m€365.4m▲ 7.4%
Affiliated companies280/1€141.3m€315.4m€311.7m€317.8m€342.1m▲ 7.6%
Participating interests280€141.3m€152.0m€152.1m€176.3m€208.3m▲ 18.2%
Amounts receivable281-€163.4m€159.6m€141.6m€133.8m▼ 5.5%
Companies linked by participating interests282/3€0.4m€0.9m€0.9m---
Participating interests282€0.4m€0.4m€0.4m---
Amounts receivable283-€0.5m€0.5m---
Other financial fixed assets284/8€24.6m€22.0m€22.7m€22.4m€23.3m▲ 3.9%
Shares284€24.4m€21.8m€22.5m€22.4m€23.2m▲ 3.8%
Amounts receivable and cash guarantees285/8€0.2m€0.2m€0.2m€0.04m€0.05m▲ 36.7%
Current assets29/58€153.0m€13.9m€18.7m€17.3m€18.1m▲ 4.8%
Amounts receivable after more than one year29€140.0m€1.6m€2.2m€2.7m€2.9m▲ 7.2%
Trade receivables290----€1.3m-
Other amounts receivable291€140.0m€1.6m€2.2m€2.7m€1.5m▼ 42.9%
Stocks and contracts in progress3€1.1m€1.4m€0.6m€1.5m€2.2m▲ 43.5%
Stocks30/36€1.1m€1.4m€0.6m€1.5m€2.2m▲ 43.5%
Goods purchased for resale34€1.1m€1.1m€0.6m€1.5m€2.2m▲ 42.7%
Property held for sale35-€0.3m--€0.01m-
Amounts receivable within one year40/41€3.4m€5.9m€8.4m€3.9m€4.9m▲ 27.0%
Trade receivables40€3.0m€5.8m€8.0m€3.5m€4.5m▲ 30.8%
Other amounts receivable41€0.4m€0.1m€0.4m€0.4m€0.4m▼ 6.3%
Current investments50/53€2.0m€2.0m€2.0m€2.0m€2.1m▲ 5.8%
Other investments51/53€2.0m€2.0m€2.0m€2.0m€2.1m▲ 5.8%
Cash at bank and in hand54/58€5.1m€1.1m€0.1m€1.6m€1.7m▲ 3.3%
Deferred charges and accrued income490/1€1.4m€1.9m€5.3m€5.5m€4.3m▼ 22.4%
Equity and liabilities
Total equity and liabilities10/49€404.7m€453.2m€460.9m€465.4m€498.9m▲ 7.2%
Equity10/15€263.4m€263.4m€265.7m€295.2m€298.7m▲ 1.2%
Contributions10/11€159.1m€159.1m€160.6m€160.6m€160.6m=
Capital10€159.0m€159.0m€160.5m€160.5m€160.5m=
Issued capital100€159.0m€159.0m€160.5m€160.5m€160.5m=
Outside capital11€0.1m€0.1m€0.1m€0.1m€0.1m=
Share premium1100/10€0.1m€0.1m€0.1m€0.1m€0.1m=
Revaluation surpluses12-€13.6m€13.6m€13.6m€15.4m▲ 13.7%
Reserves13€15.2m€15.2m€15.2m€16.3m€16.2m▼ 0.3%
Non-distributable reserves130/1€14.8m€14.8m€14.9m€16.1m€16.1m=
Legal reserve130€14.8m€14.8m€14.9m€16.1m€16.1m=
Tax-exempt reserves132€0.4m€0.3m€0.3m€0.2m€0.2m▼ 21.4%
Distributable reserves133€0.001m€0.001m€0.001m€0.001m€0.001m=
Profit (loss) carried forward14€89.1m€75.6m€76.3m€104.7m€106.5m▲ 1.7%
Provisions and deferred taxes16€0.1m€18.4m€0.1m€0.08m€0.06m▼ 21.4%
Provisions for liabilities and charges160/5-€18.3m----
Other liabilities and charges164/5-€18.3m----
Deferred taxes168€0.1m€0.1m€0.1m€0.08m€0.06m▼ 21.4%
Amounts payable17/49€141.1m€171.4m€195.2m€170.2m€200.1m▲ 17.6%
Amounts payable after more than one year17€96.3m€88.3m€129.4m€134.6m€156.0m▲ 15.9%
Financial debts170/4€78.2m€73.6m€115.5m€128.5m€150.8m▲ 17.3%
Credit institutions173€78.2m€73.6m€115.5m€128.5m€150.8m▲ 17.3%
Other amounts payable178/9€18.1m€14.7m€13.9m€6.1m€5.3m▼ 13.8%
Amounts payable within one year42/48€43.5m€81.8m€64.5m€33.7m€42.9m▲ 27.3%
Current portion of amounts payable after more than one year42€4.8m€4.8m€4.8m€4.9m€5.1m▲ 3.5%
Financial debts43€36.5m€74.9m€56.3m€24.9m€34.0m▲ 36.5%
Credit institutions430/8€36.5m€74.9m€56.3m€24.9m€34.0m▲ 36.5%
Trade debts44€1.9m€1.5m€2.1m€1.5m€1.9m▲ 27.3%
Suppliers440/4€1.9m€1.5m€2.1m€1.5m€1.9m▲ 27.3%
Advances received on contracts in progress46---€0€0-
Taxes, remuneration and social security45€0.2m€0.3m€0.3m€0.8m€0.4m▼ 45.7%
Taxes450/3€0.2m€0.2m€0.2m€0.6m€0.2m▼ 65.4%
Remuneration and social security454/9€0.08m€0.1m€0.2m€0.1m€0.2m▲ 41.7%
Other amounts payable47/48€0.1m€0.3m€1.0m€1.6m€1.5m▼ 6.0%
Accrued charges and deferred income492/3€1.3m€1.3m€1.2m€1.8m€1.2m▼ 36.8%
Line20212022202320242025Change
Profit (loss) for the period9904€11.5m-€13.6m€0.7m€29.5m€1.7m▼ 94.1%
+ Depreciation and write-downs630€2.7m€3.3m€3.1m€3.2m€3.5m▲ 9.5%
Operating cash flow (approximation)€14.2m-€10.3m€3.9m€32.7m€5.3m▼ 83.9%
Investment in fixed assets (approximation)--€191.0m-€6.0m-€9.2m-€36.2m▼ 294%
Change in cash--€4.0m-€1.0m€1.5m€0.05m▼ 96.4%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
09-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
16-10
NBB filing Annual accounts filed
fiscal year 2024 · consolidated
10-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Highest result since 2018net €29.5m ▲3,880%
Net result €29.5m, the highest in the series.
31-10
NBB filing Annual accounts filed
fiscal year 2023 · consolidated
16-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Back to profitnet €740,872
Net result €740,872 after one loss-making year.
02-10
NBB filing Annual accounts filed
fiscal year 2022 · consolidated
18-07
State Gazette act Reappointments: Joris Ide (director) and DPO Bedrijfsrevisoren (statutory auditor)
Appointment: Joris Ide (managing director) · Mandate compensation · Power of attorney8 facts ▸
  • General meeting, 26-06-2023
  • Board meeting, 26-06-2023
  • Director reappointment, Joris Ide (director)
  • Mandate compensation, Joris Ide
  • Auditor reappointment, DPO Bedrijfsrevisoren
  • Director appointment, Joris Ide (managing director)
  • Power of attorney, Wouter Adriansens
  • Power of attorney, Kantoor Pieters-Dick & C° BV
04-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
22-02
State Gazette act Statutes amendment
Capital increase · Real estate · Capital7 facts ▸
  • General meeting
  • Capital increase, €907.442,18
  • Real estate, 1503500.00
  • Capital increase, €596.057,82
  • Capital, €160.503.500
  • Statutes amendment
  • Auditor report, 24-10-2022
2022
31-12
Financial Weakest financial yearnet -€13.6m
Net result drops to -€13.6m, the lowest in the series; recovery starts the following year.
Show earlier events
18-10
NBB filing Annual accounts filed
fiscal year 2021 · consolidated
09-09
State Gazette act Reappointments: Jacky Bonami (director) and Enzo Ide (director)
Mandate compensation · Power of attorney7 facts ▸
  • General meeting, 28-06-2022
  • Director reappointment, Jacky Bonami (director)
  • Director reappointment, Enzo Ide (director)
  • Mandate compensation, Jacky Bonami
  • Mandate compensation, Enzo Ide
  • Power of attorney, Wouter Adriansens
  • Power of attorney, Kantoor Pieters-Dick & C° BV
19-07
State Gazette act Capital & shares · Miscellaneous
Demerger · Capital decrease · Capital increase6 facts ▸
  • General meeting, 29/06/2022
  • Demerger, Overdracht van een deel van het vermogen (activa en passiva) van PROMOWEST die verband houden met het onroerend patrimonium aan BREMHOVE
  • Capital decrease, €3.100.013,63
  • Capital increase, €1.809.227,48
  • Capital increase, €1.190.772,52
  • Share issue, 20276, inbreng in natura
30-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
18-11
NBB filing Annual accounts filed
fiscal year 2020 · consolidated · 110 days late
21-06
State Gazette act Permanent representative: Jacky Bonami
Resignation: Enzo Ide (permanent representative)3 facts ▸
  • Board meeting, 31-05-2021
  • Permanent representative, Jacky Bonami
  • Director resignation, Enzo Ide (permanent representative)
27-04
State Gazette act Capital & shares · Statutes amendment · Restructuring
Demerger · Capital decrease · Capital increase10 facts ▸
  • General meeting, 03-04-2021
  • Demerger, 03-04-2021
  • Demerger, 03-04-2021
  • Capital decrease, €150.833,93
  • Capital increase, €81.091,44
  • Capital increase, €66.762,47
  • Inbreng in natura, 0, 33118.18 EUR
  • Asset split, de bedrijfstak onderaanneming in industriële processen en een ondersteund roerend patrimonium
  • Asset split, een deel van het onroerend patrimonium
  • Reserves transfer, 14785.39 EUR, 27756.44 EUR
15-04
State Gazette act Appointment: DPO Bedrijfsrevisoren (statutory auditor)
Permanent representative: Ulrich De Poortere3 facts ▸
  • General meeting, 30-06-2020
  • Auditor appointment, DPO Bedrijfsrevisoren
  • Permanent representative, Ulrich De Poortere
01-03
State Gazette act Purpose · Restructuring
Demerger · Real estate · Share issue14 facts ▸
  • Demerger, 31-01-2021
  • Demerger, 31-01-2021
  • Real estate, perceel landbouwgrond (weiland) gelegen te België, Galmaarden, langs de Wilderen Kouter, gekadastreerd, afdeling 23023 GALMAARDEN 1 AFD/GALMAARDEN/ Sectie B nr.…
  • Real estate, perceel landbouwgrond (weiland) gelegen te België, Heme, langs de Steverberg, gekadastreerd, afdeling 23032 HERNE 1 AFD/HERNE/ Sectie H nr. 0008/00K000
  • Share issue, aandelen op naam, 268
  • Accounting effect, 01-02-2021
  • Accounting effect, 01-02-2021
  • Capital
  • Demerger exclusion, schuld aan leverancier NV SteelCo vanwege aankoop van wegeniswerken
  • Demerger exclusion, schuld geboekt in rekening-courant ten aanzien van NV Bremhove in hoofde van NV Fondatel
  • Asset transfer, herinvesteringsverplichting
  • Asset transfer, bedrijfstak in onderaanneming in industriële processen in de ruimste zin van het woord
  • +2 further facts in this act
19-01
State Gazette act Statutes amendment · Restructuring
Demerger · Capital decrease · Capital increase7 facts ▸
  • General meeting, 31-12-2020
  • Demerger, Overdracht van een deel van het vermogen (activa en passiva) van PROMOWEST die verband houden met het onroerend patrimonium aan BREMHOVE
  • Capital decrease, €3.281.020,96
  • Capital increase, €1.809.227,48
  • Capital increase, €1.190.772,52
  • Capital, €159.000.000
  • Statutes amendment
2020
31-12
Financial Equity above €250mEq €251.9m ▲2.5%
3 profitable years in a row build equity to €251.9m.
26-11
State Gazette act Restructuring
Appointment: DPO Bedrijfsrevisoren (statutory auditor) · Demerger · Real estate6 facts ▸
  • Board meeting, 18-11-2020
  • Demerger, partiele splitsing door overneming, EUR
  • Real estate, naakte eigendom van een terrein met gebouw (dubbel appartement) gelegen te België, Knokke-Heist, Zeedijk 838, Sectie E Nr. 1077/00A000, 12a 49ca
  • Share issue, aandelen op naam, 20276
  • Accounting effect, 01-12-2020
  • Auditor appointment, DPO Bedrijfsrevisoren
05-05
State Gazette act Appointment: Joris Ide (managing director)
Permanent representatives: Joris Ide and Enzo Ide · Power of attorney6 facts ▸
  • Board meeting, 31-03-2020
  • Director appointment, Joris Ide (managing director)
  • Permanent representative, Joris Ide
  • Permanent representative, Enzo Ide
  • Power of attorney, Kantoor Pieters-Dick & C°
  • Power of attorney, Kathleen De Kuysscher
28-01
State Gazette act Resignation: Promowest BVBA (director)
Appointment: Joris Ide (director) · Permanent representative: Joris Ide · Mandate compensation9 facts ▸
  • General meeting, 18-11-2019
  • Director resignation, Promowest BVBA (director)
  • Director appointment, Joris Ide (director)
  • Mandate compensation, Joris Ide
  • Board meeting, 18-11-2019
  • Director appointment, Joris Ide (managing director)
  • Permanent representative, Joris Ide
  • Power of attorney, Kantoor Pieters-Dick & C° BVBA
  • Power of attorney, Kathleen De Kuysscher
2019
11-02
State Gazette act Resignations: Promowest BVBA, Enzo Ide and Jacky Bonami
Reappointments: Enzo Ide, Jacky Bonami and Promowest BVBA · Permanent representative: Joris Ide · Mandate compensation16 facts ▸
  • General meeting, 20-12-2018
  • Director resignation, Promowest BVBA (director)
  • Director resignation, Enzo Ide (director)
  • Director resignation, Jacky Bonami (director)
  • Director reappointment, Enzo Ide (director)
  • Director reappointment, Jacky Bonami (director)
  • Director reappointment, Promowest BVBA (director)
  • Mandate compensation, Enzo Ide
  • Mandate compensation, Jacky Bonami
  • Mandate compensation, Promowest BVBA
  • Board meeting, 20-12-2018
  • Director resignation, Promowest BVBA (managing director)
  • +4 further facts in this act
18-01
State Gazette act Capital & shares · Statutes amendment
Capital increase · Capital · Purpose change7 facts ▸
  • General meeting, 18-12-2018
  • Capital increase, €16.016.592,7
  • Capital increase, €8.983.407,3
  • Capital, €156.000.000
  • Purpose change, De aan- en verkoop, de huur en verhuur, de leasing en ter beschikking stelling van helikopters, vlieg- en vaartuigen
  • Statutes amendment
  • Statutes amendment
2017
08-12
State Gazette act Reappointments: Enzo Ide, Jacky Bonami and 2 others
Permanent representative: Joris Ide · Appointment: Promowest (chair of the board) · Mandate compensation15 facts ▸
  • General meeting, 26-05-2017
  • Director reappointment, Enzo Ide (director)
  • Director reappointment, Jacky Bonami (director)
  • Director reappointment, Promowest (director)
  • Permanent representative, Joris Ide
  • Mandate compensation, Enzo Ide
  • Mandate compensation, Jacky Bonami
  • Mandate compensation, Promowest
  • Board meeting, 26-05-2017
  • Director reappointment, Promowest (managing director)
  • Director appointment, Promowest (chair of the board)
  • General meeting, 28-09-2017
  • +3 further facts in this act
2015
29-12
State Gazette act Reappointment: DPO Bedrijfsrevisoren (statutory auditor)
Power of attorney4 facts ▸
  • General meeting, 24-10-2014
  • Auditor reappointment, DPO Bedrijfsrevisoren
  • Power of attorney, Kantoor Pieters-Dick & C°
  • Power of attorney, Kathleen De Kuysscher
28-12
State Gazette act Capital & shares
Capital increase · Capital · Statutes amendment6 facts ▸
  • General meeting, 10-12-2015
  • Capital increase, €30.000.000
  • Capital, €131.000.000
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
2012
19-01
State Gazette act Reappointment: De Poortere, Pieters & C° Bedrijfsrevisoren (statutory auditor)
Purpose change · Capital increase · Capital5 facts ▸
  • General meeting, 21-12-2011
  • Purpose change, Vervanging van artikel 4 van de statuten met een uitgebreid doel omvattende onroerend en roerend vermogensbeheer, participaties, leningen, advies, bestuursopdra…
  • Capital increase, €41.000.000
  • Capital, €101.000.000
  • Auditor reappointment, De Poortere, Pieters & C° Bedrijfsrevisoren
2011
06-10
State Gazette act Reappointment: BVBA Promowest (director)
Resignations: Achiel Ide (director) and Johan Claeys (director) · Appointments: Jacky Bonami (director) and Enzo Ide (director) · Power of attorney10 facts ▸
  • General meeting, 15-07-2011
  • Director reappointment, BVBA Promowest (director)
  • Director resignation, Achiel Ide (director)
  • Director resignation, Johan Claeys (director)
  • Director appointment, Jacky Bonami (director)
  • Director appointment, Enzo Ide (director)
  • Board meeting, 15-07-2011
  • Director reappointment, BVBA Promowest (managing director)
  • Power of attorney, Kantoor Pieters-Dick & C° BVBA
  • Power of attorney, Kathleen De Kuysscher
2007
27-03
State Gazette act Capital & shares · Statutes amendment
Capital increase · Capital · Fiscal-year extension7 facts ▸
  • General meeting, 15-03-2007
  • Capital increase, €2.317.500
  • Capital increase, €42.682.500
  • Capital, €45.125.000
  • Statutes amendment
  • Statutes amendment
  • Fiscal-year extension, het lopende boekjaar niet afgesloten worden op 31 maart 2007, maar verlengd worden tot 31 december 2007
19-03
State Gazette act Resignations: Verhelst (director) and Joris Ide Group (director)
Appointment: Promowest (director) · Permanent representative: Joris Ide · Reappointment: Achiel Ide (director)11 facts ▸
  • General meeting, 05-02-2007
  • Director resignation, Verhelst (director)
  • Director resignation, Joris Ide Group (director)
  • Director appointment, Promowest (director)
  • Permanent representative, Joris Ide
  • Director reappointment, Achiel Ide (director)
  • Board meeting, 05-02-2007
  • Director resignation, Joris Ide Group (managing director)
  • Director appointment, Promowest (chair of the board)
  • Director appointment, Promowest (managing director)
  • Permanent representative, Joris Ide
02-01
State Gazette act Capital & shares · Statutes amendment
Purpose change · Capital · Share split5 facts ▸
  • General meeting, 18-12-2006
  • Purpose change, De vennootschap heeft tot doel, zo in Belgiè als in het buitenland, zowel voor eigen rekening, als voor! rekening van derden, of gewoon als tussenpersoon 1. All…
  • Capital, €125.000
  • Statutes amendment
  • Share split, 150, 60750
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
22 of 22 acts read

Directors · office · real estate

Directors
3 directors, 1 in day-to-day management, no change since 2023

Board 3

Enzo Ide
Director · since 20-12-2018
Current
Jacky Bonami
Director · since 20-12-2018
Current
Joris Ide
Director · since 18-11-2019
Current
2 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Promowest
Chair of the board · since 05-02-2007 · Director · since 02-01-2007 · Legal entity · perm. rep.: Joris Ide
Not recently confirmed
BVBA Promowest
Director · since 15-07-2011 · Legal entity
Not recently confirmed

Day-to-day management 1

Joris Ide
Managing director · since 18-11-2019
Current
2 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Promowest
Managing director · since 05-02-2007 · Legal entity · perm. rep.: Joris Ide
Not recently confirmed
BVBA Promowest
Managing director · since 15-07-2011 · Legal entity
Not recently confirmed

Permanent representatives 1

Joris Ide
Permanent representative · since 02-01-2007 · for Promowest
Not recently confirmed

Statutory auditor 1

DPO Bedrijfsrevisoren
Auditor · since 24-10-2014
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Wingene · 1 establishment unit since 1995
seat establishment The establishment unit on the map
Ground area
2.8 ha
Building footprint
716 m²
Volume, LiDAR
4,633 m³
Parcel 37019A0696/00G000, Flanders · tallest building 11.8 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
BREMHOVE
Ricksteenweg 38, 8750 WingeneAir transport
since 1995unit no. 2.074.011.339
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37019A0696/00G000 Flanders 2.8 ha 1 · 715 m² 11.8 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

13 people since 2007, 6 in office
Show
  • Board
  • Day-to-day management
  • Permanent representative
  • Statutory auditor
  • not recently confirmed
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Enzo Ide
  • Director, from 15-07-2011 to date
Jacky Bonami
  • Director, from 15-07-2011 to date
Joris Ide
  • Director, from 18-11-2019 to date
  • Managing director, from 18-11-2019 to date
DPO Bedrijfsrevisoren
  • Auditor, from 24-10-2014 to date
Promowest
  • Director, from 02-01-2007 not ended, last confirmed 19-03-2007
  • Chair of the board, from 05-02-2007 not ended, last confirmed 19-03-2007
  • Managing director, from 05-02-2007 not ended, last confirmed 19-03-2007
BVBA Promowest
  • Director, already before 15-07-2011 not ended, last confirmed 06-10-2011
  • Managing director, already before 15-07-2011 not ended, last confirmed 06-10-2011
Enzo Ide
  • Permanent representative, until 31-05-2021
PROMOWEST
  • Chair of the board, from 26-05-2017 ended, last mentioned 08-12-2017
  • Director, already before 26-05-2017 to 18-11-2019
  • Managing director, already before 26-05-2017 ended, last mentioned 11-02-2019
De Poortere, Pieters & C° Bedrijfsrevisoren
  • Auditor, from 21-12-2011 to 24-10-2014
Achiel Ide
  • Director, already before 19-03-2007 to 15-07-2011
Johan Claeys
  • Director, until 15-07-2011
Joris Ide Group
  • Director, until 05-02-2007
  • Managing director, until 05-02-2007
Verhelst
  • Director, until 05-02-2007
See the board, name and seat on a given date →

Articles of association

Purpose
1. Voor eigen rekening: A/ Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen... B/ Het aanleggen, het oordeelkundig uitbouwen en beheren van een…
Full purpose

1. Voor eigen rekening: A/ Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen... B/ Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend patrimonium... II. Voor eigen rekening, voor rekening van derden, of in deelneming met derden, bijdragen tot de vestiging en de ontwikkeling van rechtspersonen en ondernemingen... III. Bijzondere bepalingen...

Structure & network

Heads the group BREMHOVE 33 companies Group, risk and exposure

Owners and holdings

42 holdings · 44 subsidiaries in the tree

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 42

Show 32 more holdings
All subsidiaries, including indirect ones 44

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

According to the 2025 annual accounts of BREMHOVE and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

1 connected company
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
INVEST ZEDELGEM
Shared director
→

Board mandates elsewhere

7 board mandates
Board mandates of this companythis company sits on their board7
Show 1 more

Acquisitions and mergers

3 transactions
Received in a demerger part of:FONDATEL
partial demerger · State Gazette act of 27-04-2021 (2 acts) · effective 03-04-2021
Received in a demerger part of:PROMOWEST
partial demerger · State Gazette act of 19-01-2021 (2 acts)
Split off to:PROMOWEST
partial demerger · State Gazette act of 19-07-2022

Capital and shareholders

Capital over the years
  1. 22-02-2023 Capital increase of €907,442.18 · to €159,907,442.18 · 10,093 new shares · in kind
  2. 22-02-2023 Capital increase of €596,057.82 · to €160,503,500 · no new shares · from reserves
  3. 19-07-2022 Capital increase of €1,809,227.48 · to €157,809,227.48 · 20,276 new shares · in kind
  4. 19-07-2022 Capital increase of €1,190,772.52 · to €159,000,000 · no new shares · from reserves
  5. 27-04-2021 Capital reduction of €150,833.93 · to €349,166.07 · in a demerger
  6. 27-04-2021 Capital increase of €81,091.44 · to €281,091.44 · 268 new shares · in kind
  7. 27-04-2021 Capital increase of €66,762.47 · to €347,853.91 · from reserves
  8. 19-01-2021 Capital increase of €1,809,227.48 · to €157,809,227.48 · 20,276 new shares · in kind
Show 8 older capital entries
  1. 19-01-2021 Capital increase of €1,190,772.52 · to €159,000,000 · no new shares · from reserves
  2. 18-01-2019 Capital increase of €16,016,592.70 · to €147,016,592.70 · 190,447 new shares
  3. 18-01-2019 Capital increase of €8,983,407.30 · to €156,000,000 · from reserves
  4. 28-12-2015 Capital increase of €30,000,000 · to €131,000,000 · in kind
  5. 19-01-2012 Capital increase of €41,000,000 · to €101,000,000 · in kind
  6. 27-03-2007 Capital increase of €2,317,500 · to €2,442,500 · 1,125,000 new shares
  7. 27-03-2007 Capital increase of €42,682,500 · to €45,125,000 · no new shares · from reserves
  8. 02-01-2007 Capital stated in the act · €125,000 · 60,750 shares

Subsidies and aid

Flemish government

2022 to 2024 · 3 entries · €18,311 awarded · €18,311 paid
Year Entries awardedpaid
2024 1 €0€17,118
2023 1 €1,193€1,193
2022 1 €17,118€0
Schemes
2 entries · €17,118 · €17,118 paid · Vlaams Energie- en Klimaatagentschap
1 entry · €1,193 · €1,193 paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Legal Entity Identifier

967600732MERFN27P932
live in the LEI register

Similar companies · same sector, comparable size

Of 234 companies in this sector we hold annual accounts for 125. 1 is within a factor 10 of this equity. See the whole sector

Company details

Identification
Legal formPublic limited company
Founded29-06-1995
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
77221Rental and leasing activities
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID 0208:0455526549
Registered 02-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Business parks

2 parks
Offers a parcel on business park:Everberg
Kortenberg, Tervuren, Zaventem
Offers a parcel on business park:Molenweg
Waregem

Scores and ratios are computed by Checked and are not a credit decision.