ACTIVE

SEDAC - MECOBEL

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Financial year 2025 · closed on 31/12/2025

Net result

-1,9 M €

-134.4% YoY

Revenue

36,7 M €

+5.9% YoY

Equity

17,8 M €

-9.4% YoY

Workforce

201,7 ETP

-8.3% YoY

What does SEDAC - MECOBEL do?

SEDAC - MECOBEL is a Public limited company incorporated in 1968. Its registered office is in Wevelgem. It employs on average 201,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0405.490.979

Incorporation

01/01/1968

Legal form

Public limited company

Registered office

Vlamingstraat 7
8560 Wevelgem · FlandreSee on map

Contributed capital

2 121 000,00 €

Latest accounts

31/12/2025

Average workforce

201,7 ETP

Joint committees (2)

Signals

Solid equityLow riskGood liquidityPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	36,7 M €	+5.9%	34,7 M €	-17.3%	41,9 M €	-15.3%	49,5 M €	+14.0%	43,4 M €	+24.2%	35 M €	-13.7%	40,5 M €	+33.5%	30,3 M €	-7.1%	32,7 M €	-4.8%	34,3 M €	+0.6%	34,1 M €	+0.4%	34 M €	-6.1%	36,2 M €	+3.5%	34,9 M €	-5.7%	37,1 M €	+2.6%	36,1 M €	+7.4%	33,6 M €	-25.8%	45,3 M €
EBITDA	150,7 k €	-83.8%	929,7 k €	-55.3%	2,1 M €	+147%	843,5 k €	-78.5%	3,9 M €	+65.1%	2,4 M €	+1.7%	2,3 M €	+62.1%	1,4 M €	-17.8%	1,8 M €	-28.1%	2,4 M €	+5.8%	2,3 M €	-34.3%	3,5 M €	+10.5%	3,2 M €	+21.1%	2,6 M €	-26.7%	3,6 M €	-16.9%	4,3 M €	+124%	1,9 M €	+37.1%	1,4 M €
Operating result	-1,7 M €	-138%	-714 k €	-412%	228,6 k €	+128%	-812,2 k €	-138%	2,2 M €	+512%	352,6 k €	+36.1%	259,1 k €	+134%	-752,4 k €	-135%	-319,6 k €	-240%	228,6 k €	+157%	88,8 k €	-94.4%	1,6 M €	+11.9%	1,4 M €	+73.1%	821,9 k €	-50.7%	1,7 M €	-25.1%	2,2 M €	+353%	-879,1 k €	+28.4%	-1,2 M €
Net result	-1,9 M €	-134%	-789,6 k €	-1039%	84,1 k €	+110%	-884,3 k €	-116%	5,7 M €	+1090%	476,2 k €	-11.7%	539,6 k €	+181%	-666 k €	+0.8%	-671,7 k €	-276%	381,6 k €	-20.8%	481,8 k €	-53.0%	1 M €	-26.4%	1,4 M €	+63.8%	851,1 k €	-42.6%	1,5 M €	-38.0%	2,4 M €	+334%	-1 M €	-7.4%	-952,3 k €
Balance sheet
Equity	17,8 M €	-9.4%	19,6 M €	-3.9%	20,4 M €	-2.0%	20,8 M €	-4.1%	21,7 M €	+10.0%	19,7 M €	+2.4%	19,3 M €	+2.9%	18,7 M €	-3.4%	19,4 M €	-3.4%	20,1 M €	+1.9%	19,7 M €	+0.4%	19,6 M €	-2.3%	20,1 M €	+0.2%	20 M €	-0.7%	20,2 M €	+1.4%	19,9 M €	-0.6%	20 M €	-16.8%	24 M €
Total assets	24,8 M €	-20.4%	31,1 M €	+7.4%	29 M €	-3.2%	29,9 M €	-8.9%	32,8 M €	+33.9%	24,5 M €	-1.2%	24,8 M €	+1.9%	24,4 M €	-5.8%	25,8 M €	-1.2%	26,2 M €	-2.8%	26,9 M €	-2.4%	27,6 M €	-1.3%	28 M €	+11.5%	25,1 M €	-8.0%	27,3 M €	-5.5%	28,9 M €	-7.9%	31,3 M €	-11.1%	35,2 M €
Cash	1,7 M €	-19.0%	2,1 M €	-17.7%	2,5 M €	+94.4%	1,3 M €	-81.4%	6,9 M €	+55.3%	4,5 M €	+83.8%	2,4 M €	+12.3%	2,2 M €	+1.3%	2,1 M €	-24.6%	2,8 M €	+8.5%	2,6 M €	+4.3%	2,5 M €	-39.5%	4,1 M €	+333%	952,5 k €	-31.2%	1,4 M €	+0.9%	1,4 M €	-27.6%	1,9 M €	+400%	379,1 k €
Debts	6,9 M €	-39.5%	11,4 M €	+36.2%	8,4 M €	-7.0%	9 M €	-17.5%	10,9 M €	+141%	4,5 M €	-16.2%	5,4 M €	-0.9%	5,5 M €	-12.3%	6,2 M €	+7.5%	5,8 M €	-15.7%	6,9 M €	-10.5%	7,7 M €	+0.9%	7,6 M €	+62.0%	4,7 M €	-30.4%	6,7 M €	-20.6%	8,5 M €	-20.8%	10,7 M €	+3.6%	10,3 M €
Other
Workforce	201,7 ETP	-8.3%	220,0 ETP	-8.4%	240,3 ETP	-5.0%	253,0 ETP	+3.1%	245,5 ETP	+4.8%	234,3 ETP	+8.4%	216,2 ETP	+1.1%	213,8 ETP	-2.6%	219,6 ETP	+2.5%	214,2 ETP	-1.4%	217,3 ETP	0.0%	217,3 ETP	-3.2%	224,4 ETP	-3.4%	232,4 ETP	-2.8%	239,0 ETP	-4.8%	251,1 ETP	-9.3%	276,7 ETP	-1.2%	280,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 33 ended

Active mandates

LJB MANAGEMENT

Managing director · since 10 juin 2025 · until 13 juin 2028 · 0769.689.951

Represented by Jean Brossier

Active

Souad Khalil

Chairman of the board of directors · since 10 juin 2025 · until 13 juin 2028

Active

Stefaan Gantois

Director · since 10 juin 2025 · until 24 mars 2026

Active

Ended mandates

LJB MANAGEMENT

Managing director · since 18 juin 2021 · until 30 mai 2025 · 0769.689.951

Represented by Jean Brossier

Ended

LJB MANAGEMENT

Managing director · since 18 juin 2021 · until 10 juin 2025 · 0769.689.951

Represented by Jean Brossier

Ended

LJB MANAGEMENT

Director · since 18 juin 2021 · until 30 mai 2025 · 0769.689.951

Represented by Jean Brossier

Ended

Stefaan Gantois

Director · since 01 juillet 2019 · until 30 mai 2025

Ended

At this address

Other companies at this address

Company	CBE no.
LJB MANAGEMENT● Active	0769.689.951
MECASEAT● Active	0434.927.412
SEDAC - TEXTILES● Active	0418.603.696

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	17/06/2026	04/07/2025	27/06/2024	28/06/2023	16/06/2022	30/06/2021
General meeting	11/06/2026	19/06/2025	21/06/2024	23/06/2023	27/05/2022	18/06/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	11/06/2026	17/06/2026	Dutch	PDF
Full model	31/12/2024	19/06/2025	04/07/2025	Dutch	PDF
Full model	31/12/2023	21/06/2024	27/06/2024	Dutch	PDF
Full model	31/12/2022	23/06/2023	28/06/2023	Dutch	PDF
Full model	31/12/2021	27/05/2022	16/06/2022	Dutch	PDF
Full model	31/12/2020	18/06/2021	30/06/2021	Dutch	PDF
Full model	31/12/2019	03/09/2020	09/09/2020	Dutch	PDF
Full model	31/12/2018	31/05/2019	02/07/2019	Dutch	PDF
Full model	31/12/2017	12/06/2018	26/06/2018	Dutch	PDF
Full model	31/12/2016	13/06/2017	10/07/2017	Dutch	PDF
Full model	31/12/2015	27/05/2016	04/07/2016	Dutch	PDF
Full model	31/12/2014	29/05/2015	23/06/2015	Dutch	PDF
Full model	31/12/2013	30/05/2014	17/06/2014	Dutch	PDF
Full model	31/12/2012	31/05/2013	02/07/2013	Dutch	PDF
Full model	31/12/2011	25/05/2012	18/07/2012	Dutch	PDF
Full model	31/12/2010	27/05/2011	28/06/2011	Dutch	PDF
Full model	31/12/2009	28/05/2010	30/06/2010	Dutch	PDF
Full model	31/12/2008	29/05/2009	26/06/2009	Dutch	PDF
Full model	31/12/2007	30/05/2008	23/07/2008	Dutch	PDF
Full model	31/12/2006	25/05/2007	17/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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.

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 · 3 active · 33 ended

Active mandates

LJB MANAGEMENT

Managing director · since 10 juin 2025 · until 13 juin 2028 · 0769.689.951

Represented by Jean Brossier

Active

Souad Khalil

Chairman of the board of directors · since 10 juin 2025 · until 13 juin 2028

Active

Stefaan Gantois

Director · since 10 juin 2025 · until 24 mars 2026

Active

Ended mandates

LJB MANAGEMENT

Managing director · since 18 juin 2021 · until 30 mai 2025 · 0769.689.951

Represented by Jean Brossier

Ended

LJB MANAGEMENT

Managing director · since 18 juin 2021 · until 10 juin 2025 · 0769.689.951

Represented by Jean Brossier

Ended

LJB MANAGEMENT

Director · since 18 juin 2021 · until 30 mai 2025 · 0769.689.951

Represented by Jean Brossier

Ended

Stefaan Gantois

Director · since 01 juillet 2019 · until 30 mai 2025

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates16/09/2026
ONTSLAG BESTUURDER
PDF
Mandates24/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Other26/07/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - DOEL - ALGEMENE VERGADERING
PDF
Mandates06/03/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/07/2022
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 2025-1,9 M €↓
2024
Annual accounts 2024-789,6 k €↓
2023
Annual accounts 202384,1 k €↑
2022
Annual accounts 2022-884,3 k €↓
2021
Annual accounts 20215,7 M €↑
2020
Annual accounts 2020476,2 k €↓
2019
Annual accounts 2019539,6 k €↑
2018
Annual accounts 2018-666 k €↑
2017
Annual accounts 2017-671,7 k €↓
2016
Annual accounts 2016381,6 k €↓
2015
Annual accounts 2015481,8 k €↓
2014
Annual accounts 20141 M €↓
2013
Annual accounts 20131,4 M €↑
2012
Annual accounts 2012851,1 k €↓
2011
Annual accounts 20111,5 M €↓
2010
Annual accounts 20102,4 M €↑
2009
Annual accounts 2009-1 M €↓
2008
Annual accounts 2008-952,3 k €
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

SEDAC - MECOBEL

Overview

What does SEDAC - MECOBEL do?

Trend over 18 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