ACTIVE

AFSLUITINGEN VERMEULEN

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Financial year 2025 · Closed on 30/09/2025

Net result377,7 k €-23,5 %over 1 year

Gross margin1 M €-11,0 %over 1 year

Equity1,3 M €-24,3 %over 1 year

Workforce8,4 ETP+3,7 %over 1 year

Identity

Source · BCE/KBO

AFSLUITINGEN VERMEULEN is a Private limited company incorporated in 1971. Its main activity is: Joinery installation. Its registered office is in Zwevegem. It employs on average 8,4 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0411.559.320
Incorporation: 15/10/1971
Legal form: Private limited company
Registered office: Moenkouterstraat(M) 6
8552 Zwevegem · FlandreSee on map
Contributed capital: 18 550,00 €
Latest accounts: 30/09/2025
Average workforce: 8,4 ETP

Activities (NACE)

43320Joinery installation· main 43320Joinery installation 43990Other specialised construction activities n.e.c.43999Other specialised construction activities n.e.c.45250Maintenance and repair of motor vehicles 45422Sale, maintenance and repair of motorcycles and related parts and accessories

Joint committees (7)

111
1110
124
1240
200
2000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 9 financial years

	2025		2024		2023		2022		2011
Income statement
Gross margin	1 M €	-11.0%	1,1 M €	+1.3%	1,1 M €	-8.0%	1,2 M €	+39.3%	871 k €
EBITDA	500,5 k €	-22.1%	642,9 k €	+5.5%	609,1 k €	-20.1%	762 k €	+88.2%	404,9 k €
Operating result	397,1 k €	-29.0%	559,5 k €	+1.2%	552,8 k €	-18.7%	679,7 k €	+206%	222 k €
Net result	377,7 k €	-23.5%	493,7 k €	+0.0%	493,5 k €	-18.2%	603,1 k €	+403%	119,8 k €
Balance sheet
Equity	1,3 M €	-24.3%	1,8 M €	+11.5%	1,6 M €	+13.2%	1,4 M €	+7.0%	1,3 M €
Total assets	3,2 M €	+15.8%	2,8 M €	-4.8%	2,9 M €	+4.6%	2,8 M €	-2.2%	2,8 M €
Cash	1,7 M €	+15.3%	1,5 M €	+29.0%	1,2 M €	+34.0%	862,9 k €	+145%	352,1 k €
Debts	1,8 M €	+89.5%	971,5 k €	-25.1%	1,3 M €	-4.3%	1,4 M €	-5.4%	1,4 M €
Other
Workforce	8,4 ETP	+3.7%	8,1 ETP	-3.6%	8,4 ETP	+13.5%	7,4 ETP	-26.7%	10,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

2 active · 10 ended

Active mandates

Stefanie Deseyn

Director · since 01 janvier 2018

Active

A.C. CONSTRUCT

Director · since 01 juillet 2015 · 0467.212.475

Represented by Bert VERMEULEN

Active

Ended mandates

Stefanie Deseyn

Bestuurder · since 01 janvier 2018

Ended

Stefanie Deseyn

Manager · since 01 janvier 2018

Ended

A.C. CONSTRUCT

Bestuurder · since 01 juillet 2015 · 0467.212.475

Represented by Bert Vermeulen

Ended

A.C. CONSTRUCT

Director · since 01 juillet 2015 · 0467.212.475

Represented by Bert Vermeulen

Ended

Other companies at this address

Moenkouterstraat(M) 6 8552 Zwevegem

Company	CBE no.
AC Company● Active	0893.774.430
A.C. CONSTRUCT● Active	0467.212.475

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	24/03/2026	01/04/2025	26/03/2024	25/04/2023	30/03/2022	26/04/2021
General meeting	21/03/2026	15/03/2025	16/03/2024	18/03/2023	19/03/2022	20/03/2021
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, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	21/03/2026	24/03/2026	Dutch	PDF
Abridged model	30/09/2024	15/03/2025	01/04/2025	Dutch	PDF
Abridged model	30/09/2023	16/03/2024	26/03/2024	Dutch	PDF
Abridged model	30/09/2022	18/03/2023	25/04/2023	Dutch	PDF
Abridged model	30/09/2021	19/03/2022	30/03/2022	Dutch	PDF
Abridged model	30/09/2020	20/03/2021	26/04/2021	Dutch	PDF
Abridged model	30/09/2019	21/03/2020	22/04/2020	Dutch	PDF
Abridged model	30/09/2018	16/03/2019	22/03/2019	Dutch	PDF
Abridged model	30/09/2017	17/03/2018	26/03/2018	Dutch	PDF
Abridged model	30/09/2016	18/03/2017	29/03/2017	Dutch	PDF
Abridged model	30/09/2015	19/03/2016	21/03/2016	Dutch	PDF
Abridged model	30/09/2014	21/03/2015	30/03/2015	Dutch	PDF
Abridged model	30/09/2013	15/03/2014	29/04/2014	Dutch	PDF
Abridged model	30/09/2012	16/03/2013	28/03/2013	Dutch	PDF
Abridged model	30/09/2011	17/03/2012	02/04/2012	Dutch	PDF
Abridged model	30/09/2010	19/03/2011	28/03/2011	Dutch	PDF
Abridged model	30/09/2009	20/03/2010	26/03/2010	Dutch	PDF
Abridged model	30/09/2008	21/03/2009	02/04/2009	Dutch	PDF
Abridged model	30/09/2007	15/03/2008	25/03/2008	Dutch	PDF
Abridged model	30/09/2006	17/03/2007	23/03/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 30/09/2025

2 active · 10 ended

Active mandates

Stefanie Deseyn

Director · since 01 janvier 2018

Active

A.C. CONSTRUCT

Director · since 01 juillet 2015 · 0467.212.475

Represented by Bert VERMEULEN

Active

Ended mandates

Stefanie Deseyn

Bestuurder · since 01 janvier 2018

Ended

Stefanie Deseyn

Manager · since 01 janvier 2018

Ended

A.C. CONSTRUCT

Bestuurder · since 01 juillet 2015 · 0467.212.475

Represented by Bert Vermeulen

Ended

A.C. CONSTRUCT

Director · since 01 juillet 2015 · 0467.212.475

Represented by Bert Vermeulen

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other02/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Restructuring17/05/2019
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates05/04/2019
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring02/04/2019
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates07/02/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/09/2015
ONTSLAGEN - BENOEMINGEN
PDF
Registered office23/02/2009
MAATSCHAPPELIJKE ZETEL
PDF
Mandates01/04/2005
ONTSLAGEN - BENOEMINGEN
PDF

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

See the Business plan

Timeline

2025
Annual accounts 2025377,7 k €↓
2024
Annual accounts 2024493,7 k €↑
2023
Annual accounts 2023493,5 k €↓
2022
Annual accounts 2022603,1 k €↑
2011
Annual accounts 2011119,8 k €↓
2010
Annual accounts 2010167,3 k €↓
2009
Annual accounts 2009302 k €↑
2008
Annual accounts 2008124,1 k €↑
2007
Annual accounts 2007121 k €
15/10/1971
IncorporationPrivate limited company

AFSLUITINGEN VERMEULEN

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