ACTIVE

GOLFKARTON SOENEN

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Financial year 2025 · closed on 30/12/2025

Net result

-8,4 M €

-92.8% YoY

Revenue

105,9 M €

+10.4% YoY

Equity

50,9 M €

-14.1% YoY

What does GOLFKARTON SOENEN do?

GOLFKARTON SOENEN is a Public limited company incorporated in 1968. Its main activity is: Manufacture of paper and paperboard. Its registered office is in Hooglede.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0402.753.995

Incorporation

01/01/1968

Legal form

Public limited company

Registered office

Roeselarestraat 90
8830 Hooglede · FlandreSee on map

Contributed capital

47 878 912,23 €

Latest accounts

30/12/2025

Activities (NACE)

17120Manufacture of paper and paperboard· main 17120Manufacture of paper and paperboard 21121Manufacture of basic pharmaceutical products

Joint committees (2)

Signals

Good liquidityPositive EBITDAHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2020		2019		2018		2017		2015		2012		2011		2009		2008		2007
Income statement
Revenue	105,9 M €	+10.4%	96 M €	+2.1%	94 M €	-53.8%	203,5 M €	+157%	79,1 M €	-9.6%	87,6 M €	-4.4%	91,6 M €	+15.8%	79 M €	+18.4%	66,8 M €	+30.4%	51,2 M €	+6.4%	48,1 M €	+30.3%	36,9 M €	-12.8%	42,3 M €	-26.3%	57,5 M €
EBITDA	6 M €	+23.5%	4,8 M €	-32.1%	7,1 M €	-22.3%	9,1 M €	+18.1%	7,7 M €	-0.2%	7,8 M €	+20.2%	6,5 M €	-62.4%	17,2 M €	+173%	6,3 M €	+42.3%	4,4 M €	-39.1%	7,3 M €	-35.9%	11,3 M €	+10.6%	10,2 M €	-24.6%	13,6 M €
Operating result	-1,1 M €	-247%	779,1 k €	-62.4%	2,1 M €	+165%	783,5 k €	-59.3%	1,9 M €	-1.0%	1,9 M €	+393%	395 k €	-96.2%	10,4 M €	+66084%	15,8 k €	-98.3%	947,5 k €	-74.7%	3,7 M €	-37.0%	5,9 M €	+17.8%	5 M €	+180%	1,8 M €
Net result	-8,4 M €	-92.8%	-4,3 M €	-23.8%	-3,5 M €	-126%	-1,6 M €	-302%	766,7 k €	-5.6%	811,9 k €	+198%	-831,7 k €	-108%	10,9 M €	+1458%	700,9 k €	-85.7%	4,9 M €	+42.3%	3,4 M €	-56.4%	7,9 M €	+1150%	632,2 k €	+131%	-2 M €
Balance sheet
Equity	50,9 M €	-14.1%	59,3 M €	-6.8%	63,6 M €	-5.2%	67,1 M €	-2.3%	68,7 M €	+1.1%	67,9 M €	+1.2%	67,1 M €	-1.2%	67,9 M €	+18.7%	57,2 M €	+6.7%	53,6 M €	+10.7%	48,4 M €	+26.7%	38,2 M €	+1544%	2,3 M €	+37.4%	1,7 M €
Total assets	181,5 M €	+67.5%	108,4 M €	+5.2%	103 M €	-5.1%	108,6 M €	+17.2%	92,7 M €	-1.0%	93,6 M €	-1.8%	95,3 M €	-4.5%	99,8 M €	+2.0%	97,8 M €	+11.4%	87,8 M €	+13.8%	77,2 M €	+16.6%	66,2 M €	+27.5%	51,9 M €	-15.5%	61,4 M €
Cash	776,1 k €	-9.2%	854,3 k €	-75.7%	3,5 M €	-52.0%	7,3 M €	-63.5%	20 M €	+104%	9,8 M €	+194%	3,3 M €	-38.9%	5,5 M €	+88.5%	2,9 M €	-47.9%	5,6 M €	+306%	1,4 M €	-25.8%	1,8 M €	+34.8%	1,4 M €	+85.3%	740,2 k €
Debts	129,4 M €	+166%	48,7 M €	+26.7%	38,4 M €	-5.6%	40,7 M €	+72.8%	23,5 M €	-8.1%	25,6 M €	-9.1%	28,2 M €	-11.4%	31,8 M €	-17.6%	38,6 M €	+21.0%	31,9 M €	+11.0%	28,7 M €	+2.7%	28 M €	-43.6%	49,6 M €	-17.0%	59,7 M €
Other
Workforce	–		–		–		–		–		1,4 ETP	+40.0%	1,0 ETP		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/12/2025 · 3 active · 21 ended

Active mandates

Cedmat

Director · since 28 juin 2025 · until 21 juin 2031 · 0795.175.910

Represented by Luc TRUYENS

Active

De Bie Philip Pretium Plus

Managing director · since 28 juin 2025 · until 21 juin 2031 · 0807.191.735

Represented by Philip DE BIE

Active

Mia DE BIE

Director · since 28 juin 2025 · until 21 juin 2031

Active

Ended mandates

Louis- Philippe SOENEN

Managing director · since 22 juin 2019 · until 21 juin 2025

Ended

Louis-Philippe Soenen

Managing director · since 22 juin 2019 · until 21 juin 2025

Ended

Louis-Philippe SOENEN

Managing director · since 22 juin 2019 · until 04 mai 2025

Ended

Mia De Bie

Director · since 22 juin 2019 · until 21 juin 2025

Ended

At this address

Other companies at this address

Company	CBE no.
Management and Trading Corporation S.D.● Active	0445.388.168

Annual accounts

Full financial information

	2025	2024	2023	2022	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	31/12/2024	31/12/2023	31/12/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	30/12/2025	30/12/2024	30/12/2023	30/12/2022	31/12/2020	31/12/2019
Length of the financial year	13 months	13 months	13 months	24 months	12 months	12 months
Filing date	23/07/2026	09/07/2025	11/07/2024	27/06/2023	02/07/2021	15/07/2020
General meeting	04/07/2026	28/06/2025	15/06/2024	17/06/2023	19/06/2021	20/06/2020
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

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	30/12/2025	04/07/2026	23/07/2026	Dutch	PDF
Full model	30/12/2024	28/06/2025	09/07/2025	Dutch	PDF
Full model	30/12/2023	15/06/2024	11/07/2024	Dutch	PDF
Full model	30/12/2022	17/06/2023	27/06/2023	Dutch	PDF
Full model	31/12/2020	19/06/2021	02/07/2021	Dutch	PDF
Full model	31/12/2019	20/06/2020	15/07/2020	Dutch	PDF
Full model	31/12/2018	22/06/2019	25/06/2019	Dutch	PDF
Full model	31/12/2017	30/06/2018	04/07/2018	Dutch	PDF
Full model	31/12/2016	17/06/2017	04/07/2017	Dutch	PDF
Full model	31/12/2015	18/06/2016	01/07/2016	Dutch	PDF
Full model	31/12/2014	27/06/2015	14/07/2015	Dutch	PDF
Full model	31/12/2013	21/06/2014	08/08/2014	Dutch	PDF
Full model	31/12/2012	15/06/2013	19/07/2013	Dutch	PDF
Full model	31/12/2011	16/06/2012	21/09/2012	Dutch	PDF
Full model	31/12/2010	17/06/2011	19/12/2011	Dutch	PDF
Full model	31/12/2009	19/06/2010	26/08/2010	Dutch	PDF
Full model	31/12/2008	20/06/2009	27/08/2009	Dutch	PDF
Full model	31/12/2007	21/06/2008	29/09/2008	Dutch	PDF
Full model	31/07/2006	31/01/2007	17/12/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/12/2025 · 3 active · 21 ended

Active mandates

Cedmat

Director · since 28 juin 2025 · until 21 juin 2031 · 0795.175.910

Represented by Luc TRUYENS

Active

De Bie Philip Pretium Plus

Managing director · since 28 juin 2025 · until 21 juin 2031 · 0807.191.735

Represented by Philip DE BIE

Active

Mia DE BIE

Director · since 28 juin 2025 · until 21 juin 2031

Active

Ended mandates

Louis- Philippe SOENEN

Managing director · since 22 juin 2019 · until 21 juin 2025

Ended

Louis-Philippe Soenen

Managing director · since 22 juin 2019 · until 21 juin 2025

Ended

Louis-Philippe SOENEN

Managing director · since 22 juin 2019 · until 04 mai 2025

Ended

Mia De Bie

Director · since 22 juin 2019 · until 21 juin 2025

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Registered office08/09/2022
MAATSCHAPPELIJKE ZETEL - ALGEMENE VERGADERING - BOEKJAAR
PDF
Other24/12/2021
ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates10/09/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/06/2018
ONTSLAGEN - BENOEMINGEN
PDF
Other08/09/2016
DOEL
PDF
Mandates04/02/2015
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-8,4 M €↓
28/06/2025
reconductionDe Bie Mia — bestuurder
28/06/2025
nominationDe Bie Philip Pretium Plus VOF — bestuurder
28/06/2025
nominationCedmat CommV — bestuurder
2024
Annual accounts 2024-4,3 M €↓
2023
Annual accounts 2023-3,5 M €↓
31/12/2022
reconductionCVBA VRC Bedrijfsrevisoren — commissaris
2022
Annual accounts 2022-1,6 M €↓
2020
Annual accounts 2020766,7 k €↓
2019
Annual accounts 2019811,9 k €↑
2018
Annual accounts 2018-831,7 k €↓
2017
Annual accounts 201710,9 M €↑
2015
Annual accounts 2015700,9 k €↓
2012
Annual accounts 20124,9 M €↑
2011
Annual accounts 20113,4 M €↓
2009
Annual accounts 20097,9 M €↑
2008
Annual accounts 2008632,2 k €↑
2007
Annual accounts 2007-2 M €
01/01/1968
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

GOLFKARTON SOENEN

Overview

What does GOLFKARTON SOENEN do?

Trend over 14 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline