ROXELL
0401.007.106 · rovalta.com · 22/09/2026
ACTIVE
ROXELL
Financial year 2025 · closed on 31/12/2025
Net result
5,2 M €
-29.1% YoY
Revenue
59,4 M €
+17.7% YoY
Equity
67,5 M €
+8.4% YoY
Workforce
132,0 ETP
+2.6% YoY
Overview
What does ROXELL do?
ROXELL is a Private limited company incorporated in 1967. Its main activity is: Manufacture of agricultural and forestry machinery. Its registered office is in Maldegem. It employs on average 132,0 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0401.007.106
Incorporation
11/01/1967
Legal form
Private limited company
Registered office
Industrielaan 13
9990 Maldegem · FlandreSee on map
9990 Maldegem · FlandreSee on map
Contributed capital
916 000,00 €
Latest accounts
31/12/2025
Average workforce
132,0 ETP
Activities (NACE)
Joint committees (2)
- 111
- 209
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 16 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2013 | 2012 | 2010 | 2009 | 2008 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||
| Revenue | 59,4 M € | +17.7% | 50,5 M € | +13.4% | 44,5 M € | -14.1% | 51,8 M € | -9.0% | 57 M € | -1.4% | 57,8 M € | -4.6% | 60,5 M € | +0.4% | 60,3 M € | +16.4% | 51,8 M € | -5.1% | 54,6 M € | -8.0% | 59,4 M € | -5.2% | 62,6 M € | -20.1% | 78,4 M € | +19.7% | 65,5 M € | +30.0% | 50,4 M € | -10.6% | 56,4 M € |
| EBITDA | 12,6 M € | +36.9% | 9,2 M € | +20.5% | 7,6 M € | -13.7% | 8,8 M € | -19.8% | 11 M € | -17.5% | 13,3 M € | +19.0% | 11,2 M € | +33.6% | 8,4 M € | +13.8% | 7,4 M € | -24.6% | 9,8 M € | -9.9% | 10,8 M € | -13.9% | 12,6 M € | -28.2% | 17,5 M € | +20.4% | 14,6 M € | +12.7% | 12,9 M € | +0.0% | 12,9 M € |
| Operating result | 9,9 M € | +44.9% | 6,9 M € | +26.3% | 5,4 M € | -23.8% | 7,1 M € | -23.3% | 9,3 M € | -17.4% | 11,3 M € | +20.1% | 9,4 M € | +40.2% | 6,7 M € | +22.4% | 5,5 M € | -34.4% | 8,3 M € | -10.0% | 9,3 M € | -11.7% | 10,5 M € | -35.2% | 16,2 M € | +21.1% | 13,4 M € | +13.0% | 11,8 M € | +0.2% | 11,8 M € |
| Net result | 5,2 M € | -29.1% | 7,4 M € | -33.9% | 11,2 M € | +107% | 5,4 M € | -20.9% | 6,8 M € | -17.6% | 8,3 M € | +23.0% | 6,7 M € | +43.1% | 4,7 M € | +17.0% | 4 M € | -34.4% | 6,1 M € | -6.4% | 6,6 M € | -11.5% | 7,4 M € | -32.8% | 11 M € | +21.8% | 9,1 M € | +7.6% | 8,4 M € | -6.1% | 9 M € |
| Balance sheet | |||||||||||||||||||||||||||||||
| Equity | 67,5 M € | +8.4% | 62,2 M € | +13.5% | 54,8 M € | +25.6% | 43,7 M € | +14.1% | 38,3 M € | +21.8% | 31,4 M € | +35.9% | 23,1 M € | -73.1% | 85,9 M € | +5.8% | 81,2 M € | +5.2% | 77,2 M € | +8.6% | 71,1 M € | +22.2% | 58,1 M € | +14.6% | 50,7 M € | +81.2% | 28 M € | +47.8% | 18,9 M € | -25.8% | 25,5 M € |
| Total assets | 75 M € | +10.6% | 67,8 M € | +12.1% | 60,5 M € | +23.3% | 49,1 M € | +2.0% | 48,1 M € | +25.9% | 38,2 M € | +20.9% | 31,6 M € | -66.0% | 93 M € | +6.7% | 87,1 M € | +3.8% | 83,9 M € | +2.9% | 81,6 M € | +27.1% | 64,2 M € | +10.5% | 58,1 M € | +64.8% | 35,2 M € | +44.0% | 24,5 M € | -18.5% | 30 M € |
| Cash | 12,5 M € | -3.4% | 12,9 M € | +63.1% | 7,9 M € | -67.5% | 24,3 M € | +6.1% | 22,9 M € | +30.1% | 17,6 M € | +51.6% | 11,6 M € | -49.7% | 23,1 M € | +8.9% | 21,2 M € | +10.0% | 19,3 M € | -65.2% | 55,5 M € | +73.1% | 32 M € | +39.3% | 23 M € | +499% | 3,8 M € | -26.8% | 5,2 M € | -28.1% | 7,3 M € |
| Debts | 6,7 M € | +37.6% | 4,9 M € | +1.7% | 4,8 M € | +7.1% | 4,5 M € | -47.3% | 8,5 M € | +57.0% | 5,4 M € | -22.3% | 6,9 M € | +26.8% | 5,5 M € | +2.1% | 5,4 M € | -13.3% | 6,2 M € | -37.1% | 9,8 M € | +82.3% | 5,4 M € | -18.5% | 6,6 M € | +0.7% | 6,6 M € | +32.1% | 5 M € | +27.7% | 3,9 M € |
| Other | |||||||||||||||||||||||||||||||
| Workforce | 132,0 ETP | +2.6% | 128,7 ETP | -0.3% | 129,1 ETP | -17.7% | 156,8 ETP | -0.1% | 157,0 ETP | -3.6% | 162,9 ETP | -5.2% | 171,8 ETP | +2.4% | 167,7 ETP | +1.8% | 164,7 ETP | -6.2% | 175,6 ETP | -0.1% | 175,7 ETP | -10.4% | 196,1 ETP | -3.4% | 203,1 ETP | +13.5% | 178,9 ETP | +10.4% | 162,1 ETP | -2.5% | 166,2 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 100 M€ and 250 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 5 active · 20 ended
Active mandates
Steven Gunst
ActiveMarc Plastow
ActiveGino Van Landuyt
ActiveMichael J. Kissane
ActiveVictor A. Mancinelli
ActiveEnded mandates
Gino Van Landuyt
EndedGino Van Landuyt
EndedMichael J. Kissane
EndedRandy S. Eveler
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 18/06/2026 | 12/06/2025 | 24/05/2024 | 15/06/2023 | 10/06/2022 | 14/06/2021 |
| General meeting | 21/05/2026 | 15/05/2025 | 16/05/2024 | 09/06/2023 | 19/05/2022 | 20/05/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
36 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 21/05/2026 | 18/06/2026 | Dutch | |
| Full model | 31/12/2024 | 15/05/2025 | 12/06/2025 | Dutch | |
| Consolidated accounts | 31/12/2024 | 15/05/2025 | 12/06/2025 | Dutch | |
| Full model | 31/12/2023 | 16/05/2024 | 24/05/2024 | Dutch | |
| Consolidated accounts | 31/12/2023 | 16/05/2024 | 24/05/2024 | Dutch | |
| Full model | 31/12/2022 | 09/06/2023 | 15/06/2023 | Dutch | |
| Consolidated accounts | 31/12/2022 | 09/06/2023 | 15/06/2023 | Dutch | |
| Full model | 31/12/2021 | 19/05/2022 | 10/06/2022 | Dutch | |
| Consolidated accounts | 31/12/2021 | 19/05/2022 | 10/06/2022 | Dutch | |
| Full model | 31/12/2020 | 20/05/2021 | 14/06/2021 | Dutch | |
| Consolidated accounts | 31/12/2020 | 01/01/9999 | 14/06/2021 | Dutch | |
| Full model | 31/12/2019 | 02/06/2020 | 24/06/2020 | Dutch | |
| Consolidated accounts | 31/12/2019 | 02/06/2020 | 01/07/2020 | Dutch | |
| Full model | 31/12/2018 | 16/05/2019 | 07/06/2019 | Dutch | |
| Consolidated accounts | 31/12/2018 | 16/05/2019 | 07/06/2019 | Dutch | |
| Full model | 31/12/2017 | 17/05/2018 | 25/05/2018 | Dutch | |
| Consolidated accounts | 31/12/2017 | 17/05/2018 | 25/05/2018 | Dutch | |
| Full model | 31/12/2016 | 15/06/2017 | 23/06/2017 | Dutch | |
| Consolidated accounts | 31/12/2016 | 15/06/2017 | 29/06/2017 | Dutch | |
| Full model | 31/12/2015 | 21/06/2016 | 27/06/2016 | Dutch | |
| Consolidated accounts | 31/12/2015 | 21/06/2016 | 27/06/2016 | Dutch | |
| Full model | 31/12/2014 | 25/06/2015 | 09/07/2015 | Dutch | |
| Consolidated accounts | 31/12/2014 | 25/06/2015 | 09/07/2015 | Dutch | |
| Full modelCorrection | 31/12/2013 | 24/06/2014 | 30/10/2014 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 M€ and 250 M€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 5 active · 20 ended
Active mandates
Steven Gunst
ActiveMarc Plastow
ActiveGino Van Landuyt
ActiveMichael J. Kissane
ActiveVictor A. Mancinelli
ActiveEnded mandates
Gino Van Landuyt
EndedGino Van Landuyt
EndedMichael J. Kissane
EndedRandy S. Eveler
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates03/10/2025ONTSLAGEN - BENOEMINGEN
- Mandates05/11/2024ONTSLAGEN - BENOEMINGEN
- Mandates22/02/2023ONTSLAGEN - BENOEMINGEN
- Mandates02/09/2021ONTSLAGEN - BENOEMINGEN
- Other24/09/2020STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
- Mandates05/10/2018ONTSLAGEN - BENOEMINGEN
- Mandates20/11/2015ONTSLAGEN - BENOEMINGEN
- Mandates03/05/2013ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20255,2 M €↓
- 01/09/2025nominationSteven Gunst — niet-statutaire bestuurder / managing director
- 2024Annual accounts 20247,4 M €↓
- 05/09/2024reconductionBDO Bedrijfsrevisoren BV — commissaris
- 05/09/2024nominationKevin Defauw — vaste vertegenwoordiger
- 2023Annual accounts 202311,2 M €↑
- 2022Annual accounts 20225,4 M €↓
- 21/12/2022nominationMarc Plastow — bestuurder
- 2021Annual accounts 20216,8 M €↓
- 2020Annual accounts 20208,3 M €↑
- 2019Annual accounts 20196,7 M €↑
- 2018Annual accounts 20184,7 M €↑
- 2017Annual accounts 20174 M €↓
- 2016Annual accounts 20166,1 M €↓
- 2015Annual accounts 20156,6 M €↓
- 2013Annual accounts 20137,4 M €↓
- 2012Annual accounts 201211 M €↑
- 2010Annual accounts 20109,1 M €↑
- 2009Annual accounts 20098,4 M €↓
- 2008Annual accounts 20089 M €
- 11/01/1967IncorporationPrivate limited company