ACTIVE

HOUTLAND MEUBELFABRIEK - MAX MEUBEL

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Financial year 2025 · Closed on 31/12/2025

Net result127,9 k €-2,8 %over 1 year
Gross margin1 M €+16,3 %over 1 year
Equity2,7 M €+3,0 %over 1 year
Workforce13,8 ETP+3,8 %over 1 year

Identity

Source · BCE/KBO

HOUTLAND MEUBELFABRIEK - MAX MEUBEL is a Public limited company incorporated in 1977. Its main activity is: Manufacture of furniture. Its registered office is in Kortemark. It employs on average 13,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0416.955.983
Incorporation
01/01/1977
Legal form
Public limited company
Registered office
Makeveldstraat 7
8610 Kortemark · FlandreSee on map
Contributed capital
570 155,11 €
Latest accounts
31/12/2025
Average workforce
13,8 ETP
Joint committees (4)
  • 126
  • 200
  • 201
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin1 M €878,1 k €951,8 k €1,1 M €1,2 M €
EBITDA114,8 k €5,8 k €84,9 k €224,1 k €347,1 k €
Operating result130,6 k €139,6 k €125,7 k €180,3 k €526,9 k €
Net result127,9 k €131,7 k €120,5 k €138,2 k €459,5 k €
Balance sheet
Equity2,7 M €2,6 M €2,5 M €2,4 M €2,3 M €
Total assets3,4 M €3,2 M €3,4 M €3,5 M €3,2 M €
Cash2,3 M €742,6 k €509,8 k €921 k €600,2 k €
Debts718,7 k €599 k €881,4 k €1,1 M €885,7 k €
Other
Workforce13,8 ETP13,3 ETP15,9 ETP15,9 ETP15,1 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 31/12/2025

1 active · 16 ended

Active mandates

MODUCO

Bestuurder · since 17 février 2022 · 0664.865.021

Represented by Christian Dupulthys

Active

Ended mandates

MODUCO

Bestuurder · since 17 février 2022 · until 17 février 2028 · 0664.865.021

Represented by Christian Dupulthys

Ended
MODUCO

Managing director · since 01 janvier 2017 · until 06 juin 2022 · 0664.865.021

Represented by Christian Dupulthys

Ended
MODUCO

Managing director · since 01 janvier 2017 · until 06 juin 2022 · 0664.865.021

Represented by Christian Dupulthys

Ended
Moduco CommV

Gedelegeerd bestuurder · since 01 janvier 2017 · until 05 juin 2028

Represented by Christian Dupulthys

Ended

Other companies at this address

Makeveldstraat 7 8610 Kortemark
CompanyCBE no.
Gervanimmo● Active
0418.971.704
SEDI - TRANS INTERNATIONAL TRANSPORT● Active
0459.352.804

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date13/07/202621/07/202521/08/202409/08/202329/07/202220/07/2021
General meeting10/07/202618/07/202520/08/202428/07/202329/07/202216/07/2021
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, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202510/07/202613/07/2026DutchPDF
Abridged model31/12/202418/07/202521/07/2025DutchPDF
Abridged model31/12/202320/08/202421/08/2024DutchPDF
Abridged modelCorrection31/12/202228/07/202309/08/2023DutchPDF
Abridged model31/12/202228/07/202329/07/2023DutchPDF
Abridged model31/12/202129/07/202229/07/2022DutchPDF
Abridged model31/12/202016/07/202120/07/2021DutchPDF
Abridged model31/12/201914/07/202030/07/2020DutchPDF
Abridged model31/12/201816/07/201924/07/2019DutchPDF
Abridged model31/12/201730/06/201823/07/2018DutchPDF
Abridged model31/12/201630/06/201718/07/2017DutchPDF
Abridged model31/12/201530/06/201620/07/2016DutchPDF
Abridged model31/12/201429/06/201517/07/2015DutchPDF
Abridged model31/12/201323/06/201423/07/2014DutchPDF
Abridged model31/12/201224/06/201325/07/2013DutchPDF
Abridged model31/12/201112/07/201230/07/2012DutchPDF
Abridged model31/12/201006/06/201119/07/2011DutchPDF
Abridged model31/12/200907/06/201020/07/2010DutchPDF
Abridged model31/12/200801/06/200923/07/2009DutchPDF
Abridged model31/12/200704/07/200823/07/2008DutchPDF
Abridged model31/12/200604/06/200724/07/2007DutchPDF

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 31/12/2025

1 active · 16 ended

Active mandates

MODUCO

Bestuurder · since 17 février 2022 · 0664.865.021

Represented by Christian Dupulthys

Active

Ended mandates

MODUCO

Bestuurder · since 17 février 2022 · until 17 février 2028 · 0664.865.021

Represented by Christian Dupulthys

Ended
MODUCO

Managing director · since 01 janvier 2017 · until 06 juin 2022 · 0664.865.021

Represented by Christian Dupulthys

Ended
MODUCO

Managing director · since 01 janvier 2017 · until 06 juin 2022 · 0664.865.021

Represented by Christian Dupulthys

Ended
Moduco CommV

Gedelegeerd bestuurder · since 01 janvier 2017 · until 05 juin 2028

Represented by Christian Dupulthys

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates28/03/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office26/05/2017
    BENAMING - MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates06/03/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/09/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/08/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other18/01/2012
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates17/10/2008
    ONTSLAGEN - BENOEMINGEN
    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 2025127,9 k €↓
  2. 2024
    Annual accounts 2024131,7 k €↑
  3. 2023
    Annual accounts 2023120,5 k €↓
  4. 2022
    Annual accounts 2022138,2 k €↓
  5. 2021
    Annual accounts 2021459,5 k €↑
  6. 2018
    Annual accounts 201897,2 k €↓
  7. 2017
    Annual accounts 2017148,7 k €↓
  8. 2016
    Annual accounts 2016298,8 k €↓
  9. 2016
    Name changeHoutland Meubelfabriek - Max Meubel
  10. 2015
    Annual accounts 2015401,5 k €↑
  11. 2014
    Annual accounts 2014136,7 k €↑
  12. 2013
    Annual accounts 201331,7 k €↑
  13. 2012
    Annual accounts 20122,7 k €↑
  14. 2011
    Annual accounts 2011-104,1 k €↓
  15. 2010
    Annual accounts 20103,4 k €↓
  16. 2009
    Annual accounts 20097,6 k €↑
  17. 2008
    Annual accounts 2008-146,9 k €↓
  18. 2007
    Annual accounts 2007-79,5 k €↑
  19. 2006
    Annual accounts 2006-122,9 k €
  20. 2006
    Name changeHOUTLAND MEUBELFABRIEK
  21. 01/01/1977
    IncorporationPublic limited company