ACTIVE

M. Vandeginste en Co

Financial year 2025 · Closed on 31/12/2025

Net result-38,4 k €-133,3 %over 1 year

Gross margin21,5 k €+568,9 %over 1 year

Equity207,3 k €-15,6 %over 1 year

Identity

Source · BCE/KBO

M. Vandeginste en Co is a Public limited company incorporated in 1968. Its main activity is: Weaving of textiles. Its registered office is in Ixelles.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0405.448.419
Incorporation: 01/01/1968
Legal form: Public limited company
Registered office: Rue Wiertz 4
1050 Ixelles · BruxellesSee on map
Contributed capital: 111 552,00 €
Latest accounts: 31/12/2025

Activities (NACE)

13200Weaving of textiles· main 13200Weaving of textiles 17210Manufacture of corrugated paper and paperboard and of containers of paper and paperboard 17250Manufacture of articles of paper and paperboard

Joint committees (1)

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	21,5 k €	+569%	-4,6 k €	-127%	16,7 k €	+167%	6,3 k €	-66.9%	19 k €
EBITDA	20,8 k €	+493%	-5,3 k €	-132%	16,4 k €	+176%	5,9 k €	+36.5%	4,3 k €
Operating result	-40,3 k €	-152%	-16 k €	-382%	5,7 k €	+132%	-17,6 k €	+39.9%	-29,3 k €
Net result	-38,4 k €	-133%	-16,5 k €	-452%	4,7 k €	+125%	-19 k €	+35.1%	-29,3 k €
Balance sheet
Equity	207,3 k €	-15.6%	245,7 k €	-6.3%	262,1 k €	+1.8%	257,5 k €	-6.9%	276,5 k €
Total assets	217,6 k €	-15.0%	256,1 k €	-5.8%	272 k €	-0.2%	272,4 k €	-4.8%	286,2 k €
Cash	98,5 k €	+63.5%	60,2 k €	+34.1%	44,9 k €	-14.2%	52,4 k €	+24.3%	42,1 k €
Debts	9,4 k €	-2.1%	9,6 k €	+4.1%	9,2 k €	-21.2%	11,7 k €	+53.2%	7,6 k €
Other
Workforce	–		–		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2021

1 active · 3 ended

Last known composition, from the accounts closed on 31/12/2021, more than two years before the latest accounts. The mandates shown may have expired.

Active mandates

Fierens Gino

Mandate

Active

Ended mandates

Annie Verbrugge

Director · until 06 mars 2010

Ended

F.I.L.

Managing director · until 06 mars 2010 · 0422.524.080

Represented by Gino Fierens

Ended

Gino Fierens

Director · until 06 mars 2010

Ended

Other companies at this address

Rue Wiertz 4 1050 Ixelles

Company	CBE no.
AGILITAS EUROPE● Active	0694.615.218
MW SHAKHNOVSKIY FOUNDATION● Active	0797.588.240

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Micro 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	07/08/2026	29/12/2025	26/12/2024	26/12/2023	03/03/2023	22/03/2022
General meeting	29/05/2026	30/05/2025	21/06/2024	23/06/2023	17/06/2022	28/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/05/2026	07/08/2026	Dutch	PDF
Abridged model	31/12/2024	30/05/2025	29/12/2025	Dutch	PDF
Abridged model	31/12/2023	21/06/2024	26/12/2024	Dutch	PDF
Abridged model	31/12/2022	23/06/2023	26/12/2023	Dutch	PDF
Abridged model	31/12/2021	17/06/2022	03/03/2023	Dutch	PDF
Micro model	31/12/2020	28/05/2021	22/03/2022	Dutch	PDF
Micro model	31/12/2019	29/05/2020	22/03/2022	Dutch	PDF
Abridged model	31/12/2018	31/05/2019	26/09/2019	Dutch	PDF
Abridged model	31/12/2017	25/05/2018	23/03/2019	Dutch	PDF
Abridged model	31/12/2016	26/05/2017	20/03/2019	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	21/12/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	11/11/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	14/12/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	10/12/2014	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	09/12/2014	Dutch	PDF
Abridged model	30/06/2010	26/12/2010	06/09/2011	Dutch	PDF
Abridged model	30/06/2009	26/12/2009	22/08/2011	Dutch	PDF
Abridged model	30/06/2008	26/12/2008	15/08/2011	Dutch	PDF
Abridged model	30/09/2006	03/03/2007	27/06/2008	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

Board of directors

Source · NBB, accounts to 31/12/2021

1 active · 3 ended

Last known composition, from the accounts closed on 31/12/2021, more than two years before the latest accounts. The mandates shown may have expired.

Active mandates

Fierens Gino

Mandate

Active

Ended mandates

Annie Verbrugge

Director · until 06 mars 2010

Ended

F.I.L.

Managing director · until 06 mars 2010 · 0422.524.080

Represented by Gino Fierens

Ended

Gino Fierens

Director · until 06 mars 2010

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates04/09/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/11/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/07/2011
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Other15/10/2010
DOEL
PDF
Capital / shares10/10/2007
BENAMING - KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates28/05/2004
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 2025-38,4 k €↓
2024
Annual accounts 2024-16,5 k €↓
2023
Annual accounts 20234,7 k €↑
2022
Annual accounts 2022-19 k €↑
2021
Annual accounts 2021-29,3 k €↑
2020
Annual accounts 2020-42,2 k €↑
2019
Annual accounts 2019-47,1 k €↓
2018
Annual accounts 2018-45 k €↓
2017
Annual accounts 2017-42,7 k €↓
2016
Annual accounts 2016-37,4 k €↓
2015
Annual accounts 2015398 €↑
2014
Annual accounts 2014-3,1 k €↑
2013
Annual accounts 2013-8,1 k €↓
2012
Annual accounts 20123,3 k €↑
2011
Annual accounts 2011-3,9 k €↓
2010
Annual accounts 201014,6 k €↓
2009
Annual accounts 2009375,3 k €↑
2008
Annual accounts 2008-366,4 k €↓
2006
Annual accounts 200632,2 k €
01/01/1968
IncorporationPublic limited company

M. Vandeginste en Co

Overview

Identity

Financials

Valuation

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

Timeline