ACTIVE

Firmin OTTEVAERE & C°.

Financial year 2025 · Closed on 31/12/2025

Net result660,5 k €+1,5 %over 1 year
Gross margin3,5 M €+3,3 %over 1 year
Equity7,9 M €+9,1 %over 1 year
Workforce23,1 ETP+8,5 %over 1 year

Identity

Source · BCE/KBO

Firmin OTTEVAERE & C°. is a Public limited company incorporated in 1971. Its registered office is in Oudenaarde. It employs on average 23,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0411.674.235
Incorporation
03/12/1971
Legal form
Public limited company
Registered office
Meersbloem-Melden 20
9700 Oudenaarde · FlandreSee on map
Contributed capital
1 038 212,22 €
Latest accounts
31/12/2025
Average workforce
23,1 ETP
Joint committees (2)
  • 124
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin3,5 M €3,4 M €4,9 M €3,4 M €2,5 M €
EBITDA1,6 M €1,4 M €3 M €1,6 M €923,7 k €
Operating result715,1 k €869,2 k €2,4 M €1 M €529 k €
Net result660,5 k €651,1 k €1,8 M €751,6 k €791,9 k €
Balance sheet
Equity7,9 M €7,3 M €6,6 M €4,9 M €4,1 M €
Total assets15,3 M €10,8 M €11,8 M €11,9 M €10,1 M €
Cash551,8 k €275,8 k €360 k €339,1 k €–
Debts7,3 M €3,5 M €5,1 M €7 M €6 M €
Other
Workforce23,1 ETP21,3 ETP23,4 ETP23,2 ETP26,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 14 ended

Active mandates

DE VREESE MATHIAS

Mandate · 0837.367.742

Represented by Mathias de Vreese

Active
De Vreese Pepijn

Mandate · 0744.684.737

Represented by Pepijn de Vreese

Active

Ended mandates

Filip De Vreese

Director · since 01 juin 2017 · until 29 avril 2022

Ended
Mathias De Vreese

Managing director · since 29 avril 2016 · until 29 avril 2022

Ended
Veroniek Vanmaercke

Director · since 29 avril 2016 · until 29 avril 2022

Ended
Anne-Marie OTTEVAERE

Director · until 09 juin 2008

Ended

Other companies at this address

Meersbloem-Melden 20 9700 Oudenaarde
CompanyCBE no.
0457.410.329

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelMicro 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 date28/08/202604/08/202529/08/202431/08/202331/08/202213/08/2021
General meeting05/05/202618/04/202519/04/202421/04/202322/04/202223/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/05/202628/08/2026DutchPDF
Abridged model31/12/202418/04/202504/08/2025DutchPDF
Abridged model31/12/202319/04/202429/08/2024DutchPDF
Abridged model31/12/202221/04/202331/08/2023DutchPDF
Abridged model31/12/202122/04/202231/08/2022DutchPDF
Micro model31/12/202023/04/202113/08/2021DutchPDF
Abridged model31/12/201924/04/202021/08/2020DutchPDF
Abridged model31/12/201825/04/201929/08/2019DutchPDF
Abridged model31/12/201726/04/201831/08/2018DutchPDF
Abridged model31/12/201627/04/201731/05/2017DutchPDF
Abridged model31/12/201528/04/201626/05/2016DutchPDF
Abridged model31/12/201408/06/201516/06/2015DutchPDF
Abridged model31/12/201310/06/201419/06/2014DutchPDF
Abridged model31/12/201210/06/201318/06/2013DutchPDF
Abridged model31/12/201111/06/201212/06/2012DutchPDF
Abridged model31/12/201014/06/201117/06/2011DutchPDF
Abridged model31/12/200914/06/201017/06/2010DutchPDF
Abridged model31/12/200808/06/200907/07/2009DutchPDF
Abridged model31/12/200709/06/200810/06/2008DutchPDF
Abridged model31/12/200611/06/200727/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/12/2025

2 active · 14 ended

Active mandates

DE VREESE MATHIAS

Mandate · 0837.367.742

Represented by Mathias de Vreese

Active
De Vreese Pepijn

Mandate · 0744.684.737

Represented by Pepijn de Vreese

Active

Ended mandates

Filip De Vreese

Director · since 01 juin 2017 · until 29 avril 2022

Ended
Mathias De Vreese

Managing director · since 29 avril 2016 · until 29 avril 2022

Ended
Veroniek Vanmaercke

Director · since 29 avril 2016 · until 29 avril 2022

Ended
Anne-Marie OTTEVAERE

Director · until 09 juin 2008

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates08/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/06/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/06/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/07/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/06/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares23/07/2003
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

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 2025660,5 k €↑
  2. 2024
    Annual accounts 2024651,1 k €↓
  3. 2023
    Annual accounts 20231,8 M €↑
  4. 2022
    Annual accounts 2022751,6 k €↓
  5. 2021
    Annual accounts 2021791,9 k €↑
  6. 2020
    Annual accounts 2020430,9 k €↓
  7. 2019
    Annual accounts 2019630,4 k €↑
  8. 2018
    Annual accounts 2018366,3 k €↓
  9. 2017
    Annual accounts 2017468,3 k €↑
  10. 2016
    Annual accounts 2016124,6 k €↑
  11. 2015
    Annual accounts 2015-201,3 k €↓
  12. 2014
    Annual accounts 2014-92,1 k €↓
  13. 2013
    Annual accounts 2013-86 k €↑
  14. 2012
    Annual accounts 2012-117,3 k €↑
  15. 2011
    Annual accounts 2011-133,5 k €↑
  16. 2010
    Annual accounts 2010-241,1 k €↓
  17. 2009
    Annual accounts 2009-152 k €↓
  18. 2008
    Annual accounts 2008-26,7 k €↓
  19. 2007
    Annual accounts 200786 k €↓
  20. 2006
    Annual accounts 2006146,7 k €
  21. 03/12/1971
    IncorporationPublic limited company