ACTIVE

MESTDAGH

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Financial year 2025 · closed on 31/12/2025
Net result
-205,5 k €
+47.3% YoY
Gross margin
663 k €
+8.4% YoY
Equity
320,3 k €
+198.8% YoY
Workforce
12,8 ETP
-12.3% YoY

What does MESTDAGH do?

MESTDAGH is a Public limited company incorporated in 1979. Its registered office is in Veurne. It employs on average 12,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0419.817.087
Incorporation
15/10/1979
Legal form
Public limited company
Registered office
Koksijdestraat 17 box A
8630 Veurne · FlandreSee on map
Contributed capital
911 500,00 €
Latest accounts
31/12/2025
Average workforce
12,8 ETP
Joint committees (4)
  • 118
  • 11819
  • 220
  • 22000
Signals
Good liquidityHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120182007
Income statement
Gross margin663 k €611,9 k €824,4 k €1,1 M €515,9 k €624,9 k €877,6 k €
EBITDA-41,5 k €-192,5 k €-69,1 k €310,4 k €-24 k €133,9 k €208,4 k €
Operating result-161,5 k €-348,5 k €-232,3 k €136,9 k €-189,8 k €-26,5 k €-97,2 k €
Net result-205,5 k €-389,9 k €-262,4 k €109,5 k €-209,6 k €-59,7 k €-168,1 k €
Balance sheet
Equity320,3 k €-324,3 k €230,2 k €492,6 k €383,1 k €320,5 k €274,6 k €
Total assets1,5 M €1,8 M €2,1 M €2,5 M €2,4 M €1,9 M €2,8 M €
Cash37,5 k €28,1 k €153,2 k €304,8 k €31,8 k €154,4 k €40,1 k €
Debts1,2 M €2,1 M €1,8 M €2 M €2 M €1,6 M €2,4 M €
Other
Workforce12,8 ETP14,6 ETP15,4 ETP15,0 ETP12,1 ETP11,4 ETP18,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 21 ended

Active mandates

Thomas Haspeslagh

Director · since 13 mars 2025 · until 12 mars 2031

Active
REAL FOODS & CO

Director · since 15 juillet 2024 · until 13 mars 2025 · 0457.029.653

Represented by Thomas Haspeslagh

Active

Ended mandates

DE RYCKE

Managing director · since 15 juillet 2024 · until 01 février 2025 · 0442.384.237

Represented by Dominiek Segaert

Ended
Liselotte Rombaut

Director · since 15 juillet 2024 · until 15 juillet 2030

Ended
REAL FOODS & CO

Managing director · since 15 juillet 2024 · until 15 juillet 2030 · 0457.029.653

Represented by Klaas VANDENDRIES

Ended
DE RYCKE

Managing director · since 08 novembre 2023 · until 30 juin 2029 · 0442.384.237

Represented by Dominiek SEGAERT

Ended
At this address

Other companies at this address

CompanyCBE no.
REAL FOODS & CO● Active
0457.029.653
Annual accounts

Full financial information

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 date02/06/202614/03/202510/07/202405/07/202304/07/202209/07/2021
General meeting12/05/202611/03/202529/06/202424/06/202325/06/202226/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202512/05/202602/06/2026DutchPDF
Abridged model31/12/202411/03/202514/03/2025DutchPDF
Abridged model31/12/202329/06/202410/07/2024DutchPDF
Abridged model31/12/202224/06/202305/07/2023DutchPDF
Abridged model31/12/202125/06/202204/07/2022DutchPDF
Abridged model31/12/202026/06/202109/07/2021DutchPDF
Abridged model31/12/201916/04/202029/04/2020DutchPDF
Abridged model31/12/201806/05/201903/06/2019DutchPDF
Abridged model31/12/201730/03/201811/04/2018DutchPDF
Abridged model31/12/201619/04/201704/05/2017DutchPDF
Abridged modelCorrection31/12/201512/06/201613/06/2016DutchPDF
Abridged model31/12/201511/04/201609/05/2016DutchPDF
Abridged model31/12/201415/04/201512/05/2015DutchPDF
Abridged model31/12/201311/03/201409/04/2014DutchPDF
Abridged model31/12/201204/05/201316/05/2013DutchPDF
Abridged model31/12/201105/05/201230/05/2012DutchPDF
Abridged model31/12/201025/06/201119/07/2011DutchPDF
Abridged model31/12/200924/03/201021/04/2010DutchPDF
Abridged model30/09/200809/12/200829/12/2008DutchPDF
Abridged model30/09/200715/04/200828/04/2008DutchPDF
Abridged model30/09/200603/03/200712/03/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 21 ended

Active mandates

Thomas Haspeslagh

Director · since 13 mars 2025 · until 12 mars 2031

Active
REAL FOODS & CO

Director · since 15 juillet 2024 · until 13 mars 2025 · 0457.029.653

Represented by Thomas Haspeslagh

Active

Ended mandates

DE RYCKE

Managing director · since 15 juillet 2024 · until 01 février 2025 · 0442.384.237

Represented by Dominiek Segaert

Ended
Liselotte Rombaut

Director · since 15 juillet 2024 · until 15 juillet 2030

Ended
REAL FOODS & CO

Managing director · since 15 juillet 2024 · until 15 juillet 2030 · 0457.029.653

Represented by Klaas VANDENDRIES

Ended
DE RYCKE

Managing director · since 08 novembre 2023 · until 30 juin 2029 · 0442.384.237

Represented by Dominiek SEGAERT

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares05/05/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates15/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring06/08/2024
    DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring04/06/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates07/12/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/06/2023
    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

Timeline

  1. 2025
    Annual accounts 2025-205,5 k €↑
  2. 2024
    Annual accounts 2024-389,9 k €↓
  3. 2023
    Annual accounts 2023-262,4 k €↓
  4. 2022
    Annual accounts 2022109,5 k €↑
  5. 2021
    Annual accounts 2021-209,6 k €↓
  6. 2018
    Annual accounts 2018-59,7 k €↑
  7. 2007
    Annual accounts 2007-168,1 k €
  8. 15/10/1979
    IncorporationPublic limited company