ACTIVE

Meubar

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Financial year 2025 · closed on 31/12/2025
Net result
-1,4 M €
-13.2% YoY
Revenue
11,5 M €
-10.2% YoY
Equity
4,6 M €
-23.9% YoY
Workforce
67,7 ETP
-10.1% YoY

What does Meubar do?

Meubar is a Public limited company incorporated in 1963. Its main activity is: Manufacture of furniture. Its registered office is in Zedelgem. It employs on average 67,7 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0405.200.276
Incorporation
26/04/1963
Legal form
Public limited company
Registered office
Industriestraat 9
8211 Zedelgem · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Average workforce
67,7 ETP
Activities (NACE)
31004Manufacture of furniture· main31091Manufacture of other furniture36141Water collection, treatment and supply
Joint committees (4)
  • 126
  • 1260040
  • 200
  • 218
Signals
Solid equityLow riskGood liquidityHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212006
Income statement
Revenue11,5 M €12,8 M €15,6 M €16,7 M €32,7 M €32,5 M €
EBITDA-253,4 k €991,3 k €-10,3 k €-893,9 k €1,3 M €6,3 M €
Operating result-1,3 M €-985 k €-1,7 M €-3 M €-1,7 M €5,6 M €
Net result-1,4 M €-1,3 M €-2,2 M €-5,9 M €-5,8 M €3,3 M €
Balance sheet
Equity4,6 M €6,1 M €7,3 M €9,5 M €15,4 M €9,8 M €
Total assets7,6 M €9,4 M €12,8 M €16,7 M €25,4 M €15,1 M €
Cash273,8 k €30,3 k €17,9 k €772,6 k €14,3 k €195,5 k €
Debts3 M €3,4 M €5,5 M €7,1 M €9,5 M €5,2 M €
Other
Workforce67,7 ETP75,3 ETP88,5 ETP107,5 ETP116,5 ETP109,2 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 31/12/2025 · 1 active · 21 ended

Active mandates

Fitec

Director · since 01 janvier 2020 · 0419.840.051

Represented by Verraes STEVEN

Active

Ended mandates

Fitec

Director · since 01 janvier 2020 · 0419.840.051

Represented by Steven VERRAES

Ended
Fitec

Director · since 16 mars 2015 · 0419.840.051

Represented by Steven Verraes

Ended
Fitec

Manager · since 16 mars 2015 · 0419.840.051

Represented by Steven Verraes

Ended
Fitec

Managing director · since 30 juin 2011 · until 16 mars 2015 · 0419.840.051

Represented by Steven Verraes

Ended
At this address

Other companies at this address

CompanyCBE no.
BALIPATI● Active
0736.675.012
EVAN FURNITURE● Active
0405.521.465
Fitec● Active
0419.840.051
MEUBAR GROEP● Active
0828.473.931
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date15/07/202618/07/202530/08/202418/10/202330/09/202215/07/2021
General meeting25/06/202610/07/202527/06/202429/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202525/06/202615/07/2026DutchPDF
Full model31/12/202410/07/202518/07/2025DutchPDF
Full model31/12/202327/06/202430/08/2024DutchPDF
Full model31/12/202229/06/202318/10/2023DutchPDF
Full model31/12/202130/06/202230/09/2022DutchPDF
Full model31/12/202030/06/202115/07/2021DutchPDF
Full model31/12/201925/06/202015/07/2020DutchPDF
Full model31/12/201828/06/201909/08/2019DutchPDF
Full model31/12/201713/07/201828/08/2018DutchPDF
Full model31/12/201607/06/201730/08/2017DutchPDF
Full model31/12/201530/06/201604/07/2016DutchPDF
Full model31/12/201412/03/201512/08/2015DutchPDF
Full model31/12/201328/05/201418/06/2014DutchPDF
Full model31/12/201225/06/201305/07/2013DutchPDF
Full model31/12/201129/06/201219/07/2012DutchPDF
Full modelCorrection31/12/201030/06/201116/12/2011DutchPDF
Full model31/12/201030/06/201125/07/2011DutchPDF
Full model31/12/200929/06/201009/07/2010DutchPDF
Full model31/12/200830/06/200911/08/2009DutchPDF
Full model31/12/200730/06/200822/07/2008DutchPDF
Full model31/12/200604/07/200727/07/2007DutchPDF
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 31/12/2025 · 1 active · 21 ended

Active mandates

Fitec

Director · since 01 janvier 2020 · 0419.840.051

Represented by Verraes STEVEN

Active

Ended mandates

Fitec

Director · since 01 janvier 2020 · 0419.840.051

Represented by Steven VERRAES

Ended
Fitec

Director · since 16 mars 2015 · 0419.840.051

Represented by Steven Verraes

Ended
Fitec

Manager · since 16 mars 2015 · 0419.840.051

Represented by Steven Verraes

Ended
Fitec

Managing director · since 30 juin 2011 · until 16 mars 2015 · 0419.840.051

Represented by Steven Verraes

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other31/08/2026
    DIVERSEN
    PDF
  • Mandates31/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/10/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/07/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring02/08/2016
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring09/06/2016
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other23/06/2015
    DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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

Timeline

  1. 2025
    Annual accounts 2025-1,4 M €↓
  2. 2024
    Annual accounts 2024-1,3 M €↑
  3. 2023
    Annual accounts 2023-2,2 M €↑
  4. 2022
    Annual accounts 2022-5,9 M €↓
  5. 2021
    Annual accounts 2021-5,8 M €↓
  6. 2006
    Annual accounts 20063,3 M €
  7. 26/04/1963
    IncorporationPublic limited company