ACTIVE

Spiessens

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Financial year 2025 · closed on 31/12/2025

Net result

90 k €

+140.6% YoY

Gross margin

773,7 k €

+11.6% YoY

Equity

287,5 k €

+45.6% YoY

Workforce

9,7 ETP

+5.4% YoY

What does Spiessens do?

Spiessens is a Private limited company incorporated in 1975. Its main activity is: Joinery installation. Its registered office is in Harelbeke. It employs on average 9,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0415.477.922

Incorporation

01/10/1975

Legal form

Private limited company

Registered office

Blauwhuisstraat 74A
8531 Harelbeke · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2025

Average workforce

9,7 ETP

Activities (NACE)

43320Joinery installation· main 43320Joinery installation 45421Sale, maintenance and repair of motorcycles and related parts and accessories 45422Sale, maintenance and repair of motorcycles and related parts and accessories

Joint committees (2)

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	773,7 k €	+11.6%	693,5 k €	-2.3%	709,6 k €	+35.5%	523,7 k €	+13.9%	459,8 k €	+0.5%	457,6 k €	+11.8%	409,3 k €	+6.1%	385,6 k €	-8.7%	422,3 k €	+6.4%	396,8 k €	+5.8%	375,2 k €	+7.7%	348,4 k €	+9.3%	318,8 k €	-0.4%	320 k €	-6.5%	342,3 k €	-11.4%	386,4 k €	-8.1%	420,5 k €	-0.6%	423,1 k €	+0.9%	419,4 k €	+29.3%	324,4 k €
EBITDA	162,4 k €	+46.1%	111,2 k €	-3.4%	115,1 k €	+160%	44,3 k €	+0.9%	43,9 k €	-31.0%	63,7 k €	+54.2%	41,3 k €	+15.3%	35,8 k €	+94.8%	18,4 k €	+16.4%	15,8 k €	-40.0%	26,3 k €	-26.5%	35,8 k €	+14.4%	31,3 k €	-2.8%	32,2 k €	+129%	14,1 k €	-68.9%	45,3 k €	-4.2%	47,2 k €	+13.8%	41,5 k €	-44.7%	75 k €	+65.1%	45,4 k €
Operating result	124,3 k €	+86.3%	66,7 k €	-15.1%	78,6 k €	+403%	15,6 k €	+4.9%	14,9 k €	-55.2%	33,3 k €	+81.4%	18,4 k €	-17.2%	22,2 k €	+329%	5,2 k €	+1290%	371,8 €	-95.6%	8,5 k €	-43.5%	15 k €	+40.9%	10,6 k €	-21.3%	13,5 k €	+267%	-8,1 k €	-141%	19,8 k €	+42.6%	13,9 k €	+2672%	501,6 €	-98.6%	34,8 k €	+1846%	1,8 k €
Net result	90 k €	+141%	37,4 k €	-20.9%	47,3 k €	+1018%	4,2 k €	-25.7%	5,7 k €	-79.4%	27,6 k €	+114%	12,9 k €	+23.4%	10,4 k €	+503%	1,7 k €	+141%	-4,2 k €	-359%	1,6 k €	-23.5%	2,1 k €	+51.4%	1,4 k €	-4.7%	1,5 k €	+107%	-21,3 k €	-464%	5,9 k €	+244%	1,7 k €	+119%	-9 k €	-140%	22,5 k €	+543%	-5,1 k €
Balance sheet
Equity	287,5 k €	+45.6%	197,5 k €	+23.4%	160,1 k €	+30.4%	122,8 k €	+3.6%	118,6 k €	+5.0%	112,9 k €	+32.3%	85,3 k €	+17.7%	72,5 k €	+16.8%	62,1 k €	+2.9%	60,3 k €	-6.5%	64,5 k €	+2.6%	62,9 k €	+3.5%	60,8 k €	+2.4%	59,4 k €	+2.5%	57,9 k €	-26.9%	79,3 k €	+8.0%	73,4 k €	+2.4%	71,7 k €	-11.5%	81,1 k €	+37.6%	58,9 k €
Total assets	1,2 M €	+132%	507,5 k €	-10.1%	564,3 k €	-1.8%	574,8 k €	+6.9%	537,9 k €	+13.4%	474,4 k €	-8.6%	519 k €	-3.0%	535 k €	+9.5%	488,6 k €	+13.0%	432,3 k €	+8.8%	397,3 k €	+10.2%	360,6 k €	+2.8%	350,9 k €	-10.9%	393,6 k €	+5.9%	371,7 k €	+2.4%	362,9 k €	+5.0%	345,7 k €	+5.6%	327,5 k €	+3.2%	317,2 k €	+9.4%	290 k €
Cash	41,5 k €	-20.1%	51,9 k €	-48.2%	100,3 k €	+211%	32,2 k €	-4.0%	33,6 k €	+15.3%	29,1 k €	+83.4%	15,9 k €	-16.5%	19 k €	+60.6%	11,8 k €	-39.5%	19,6 k €	+60.0%	12,2 k €	-48.4%	23,7 k €	+164%	9 k €	-30.9%	13 k €	+2.2%	12,7 k €	+154%	5 k €		–		–		16,2 k €	+118%	7,4 k €
Debts	882,7 k €	+192%	302,6 k €	-24.2%	399,4 k €	-10.8%	447,9 k €	+7.0%	418,5 k €	+15.8%	361,5 k €	-16.5%	432,8 k €	-5.7%	459,2 k €	+7.9%	425,7 k €	+14.7%	371,1 k €	+12.1%	331,2 k €	+13.5%	291,9 k €	+2.3%	285,3 k €	-13.7%	330,6 k €	+6.5%	310,3 k €	+10.8%	280,1 k €	+3.4%	270,9 k €	+5.9%	255,8 k €	+8.5%	235,9 k €	+2.2%	230,8 k €
Other
Workforce	9,7 ETP	+5.4%	9,2 ETP	-5.2%	9,7 ETP	+12.8%	8,6 ETP	+7.5%	8,0 ETP	-9.1%	8,8 ETP	+12.8%	7,8 ETP	+11.4%	7,0 ETP	-10.3%	7,8 ETP	-7.1%	8,4 ETP	+10.5%	7,6 ETP	+16.9%	6,5 ETP	0.0%	6,5 ETP	+3.2%	6,3 ETP	-4.5%	6,6 ETP	-17.5%	8,0 ETP	-8.0%	8,7 ETP	+8.7%	8,0 ETP	0.0%	8,0 ETP	+14.3%	7,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 1 ended

Active mandates

DIRK SPIESSENS

Director

Active

PIETER SPIESSENS

Director

Active

Ended mandates

DIRK SPIESSENS

Manager

Ended

Annual accounts

Full financial information

	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	01/01/2025	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	20/07/2026	17/07/2025	22/06/2024	30/08/2023	09/06/2022	22/09/2021
General meeting	06/06/2026	07/06/2025	01/06/2024	03/06/2023	04/06/2022	05/06/2021
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
Abridged model	31/12/2025	06/06/2026	20/07/2026	Dutch	PDF
Abridged model	31/12/2024	07/06/2025	17/07/2025	Dutch	PDF
Abridged model	31/12/2023	01/06/2024	22/06/2024	Dutch	PDF
Abridged model	31/12/2022	03/06/2023	30/08/2023	Dutch	PDF
Abridged model	31/12/2021	04/06/2022	09/06/2022	Dutch	PDF
Abridged model	31/12/2020	05/06/2021	22/09/2021	Dutch	PDF
Abridged model	31/12/2019	06/06/2020	06/07/2020	Dutch	PDF
Abridged model	31/12/2018	01/06/2019	04/07/2019	Dutch	PDF
Abridged model	31/12/2017	02/06/2018	16/08/2018	Dutch	PDF
Abridged model	31/12/2016	03/06/2017	10/07/2017	Dutch	PDF
Abridged model	31/12/2015	04/06/2016	17/06/2016	Dutch	PDF
Abridged model	31/12/2014	06/06/2015	09/06/2015	Dutch	PDF
Abridged model	31/12/2013	07/06/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	01/06/2013	01/07/2013	Dutch	PDF
Abridged model	31/12/2011	02/06/2012	11/07/2012	Dutch	PDF
Abridged model	31/12/2010	04/06/2011	28/06/2011	Dutch	PDF
Abridged model	31/12/2009	05/06/2010	16/08/2010	Dutch	PDF
Abridged model	31/12/2008	06/06/2009	31/07/2009	Dutch	PDF
Abridged model	31/12/2007	07/06/2008	31/07/2008	Dutch	PDF
Abridged model	31/12/2006	02/06/2007	20/07/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 1 ended

Active mandates

DIRK SPIESSENS

Director

Active

PIETER SPIESSENS

Director

Active

Ended mandates

DIRK SPIESSENS

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates01/04/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/11/2024
WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/10/2021
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares06/12/2005
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - 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

2025
Annual accounts 202590 k €↑
2024
Annual accounts 202437,4 k €↓
2024
Name changeSPIESSENS
2023
Annual accounts 202347,3 k €↑
2022
Annual accounts 20224,2 k €↓
2021
Annual accounts 20215,7 k €↓
2020
Annual accounts 202027,6 k €↑
2019
Annual accounts 201912,9 k €↑
2018
Annual accounts 201810,4 k €↑
2017
Annual accounts 20171,7 k €↑
2016
Annual accounts 2016-4,2 k €↓
2015
Annual accounts 20151,6 k €↓
2014
Annual accounts 20142,1 k €↑
2013
Annual accounts 20131,4 k €↓
2012
Annual accounts 20121,5 k €↑
2011
Annual accounts 2011-21,3 k €↓
2010
Annual accounts 20105,9 k €↑
2009
Annual accounts 20091,7 k €↑
2008
Annual accounts 2008-9 k €↓
2007
Annual accounts 200722,5 k €↑
2006
Annual accounts 2006-5,1 k €
2006
Name changeSPIESSENS DIRK
01/10/1975
IncorporationPrivate 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

Spiessens

Overview

What does Spiessens do?

Trend over 20 financial years

Indicative valuation

Board of directors

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