ACTIVE

YELBA

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Financial year 2025 · closed on 30/06/2025

Net result

385 k €

+87.3% YoY

Gross margin

1,5 M €

+23.1% YoY

Equity

342 k €

+11.4% YoY

What does YELBA do?

YELBA is a Public limited company incorporated in 1979. Its main activity is: Joinery installation. Its registered office is in Poperinge.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0420.108.780

Incorporation

14/12/1979

Legal form

Public limited company

Registered office

Vlaanderenlaan 15
8970 Poperinge · FlandreSee on map

Contributed capital

80 565,40 €

Latest accounts

30/06/2025

Activities (NACE)

43320Joinery installation· main 43320Joinery installation 31002Manufacture of furniture 31020Manufacture of kitchen furniture

Joint committees (3)

Contacts

4 public details availableLog in to view

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	1,5 M €	+23.1%	1,2 M €	+7.8%	1,1 M €	-15.5%	1,3 M €	+32.9%	980,1 k €	+10.0%	890,9 k €	+10.6%	805,5 k €	+16.3%	692,9 k €	+0.7%	688,4 k €	-20.2%	862,1 k €	+50.2%	573,8 k €	-4.8%	602,5 k €	+40.8%	428 k €	+70.9%	250,5 k €	+9.3%	229,2 k €	-4.6%	240,3 k €	-36.7%	379,7 k €	+41.0%	269,2 k €	-5.8%	285,9 k €
EBITDA	484,5 k €	+69.7%	285,5 k €	-3.4%	295,5 k €	-26.9%	404,2 k €	+223%	125,2 k €	+47.3%	85 k €	+47.6%	57,6 k €	-28.0%	79,9 k €	-54.5%	175,5 k €	-50.1%	351,9 k €	+271%	94,9 k €	+0.5%	94,4 k €	-13.9%	109,6 k €	+74.4%	62,8 k €	+22.8%	51,2 k €	-25.8%	69 k €	-69.9%	228,9 k €	+79.8%	127,3 k €	+5.3%	120,9 k €
Operating result	432,3 k €	+79.0%	241,5 k €	-6.0%	257,1 k €	-27.2%	352,9 k €	+568%	52,8 k €	+6868%	-780,6 €	-103%	24,1 k €	-53.6%	51,8 k €	-56.3%	118,5 k €	-61.8%	310,4 k €	+459%	55,6 k €	-4.8%	58,3 k €	-5.7%	61,9 k €	+285%	16,1 k €	-28.2%	22,4 k €	-33.3%	33,6 k €	-45.7%	61,9 k €	-34.6%	94,7 k €	+26.9%	74,6 k €
Net result	385 k €	+87.3%	205,5 k €	+2.5%	200,4 k €	-31.6%	293,3 k €	+1634%	16,9 k €	+238%	-12,3 k €	-356%	-2,7 k €	-119%	14,2 k €	-84.9%	94,3 k €	-60.4%	237,9 k €	+782%	27 k €	+102%	13,4 k €	+94.6%	6,9 k €	+173%	-9,3 k €	-3444%	279,3 €	+136%	118,5 €	-99.3%	17,9 k €	+988%	-2 k €	-112%	16,2 k €
Balance sheet
Equity	342 k €	+11.4%	307 k €	+12.6%	272,7 k €	+22.7%	222,3 k €	+1.5%	219 k €	+8.4%	202,1 k €	+3.0%	196,2 k €	-1.4%	198,9 k €	+2.2%	194,7 k €	+11.0%	175,4 k €	+55.9%	112,5 k €	+6.6%	105,6 k €	+5.3%	100,2 k €	+7.4%	93,4 k €	-9.1%	102,7 k €	+0.3%	102,4 k €	+0.1%	102,3 k €	+21.3%	84,4 k €	-2.3%	86,4 k €
Total assets	1,4 M €	+53.1%	934,9 k €	+4.6%	894,2 k €	-11.8%	1 M €	+6.7%	949,8 k €	+13.4%	837,5 k €	-30.4%	1,2 M €	+72.7%	696,7 k €	-0.0%	696,9 k €	-50.4%	1,4 M €	+79.1%	784,5 k €	-21.6%	1 M €	+8.2%	925 k €	-14.2%	1,1 M €	+18.0%	913,4 k €	+21.1%	754 k €	-7.1%	811,4 k €	+9.2%	743,2 k €	+0.0%	742,9 k €
Cash	431,5 k €	+645%	57,9 k €	-40.1%	96,7 k €	-29.3%	136,7 k €	+2457%	5,3 k €	-71.0%	18,5 k €	-80.6%	94,9 k €	+158%	36,8 k €	-41.6%	63,1 k €	-59.9%	157,4 k €	+580%	23,2 k €	-75.9%	96,1 k €	-10.7%	107,5 k €	+0.0%	107,5 k €	+4.9%	102,5 k €	+30.2%	78,7 k €	+47.8%	53,3 k €	-37.7%	85,5 k €	-5.6%	90,5 k €
Debts	1 M €	+63.4%	627,9 k €	+1.0%	621,5 k €	-20.0%	776,5 k €	+15.4%	672,7 k €	+5.9%	635,4 k €	-36.9%	1 M €	+102%	497,7 k €	-0.9%	502,2 k €	-59.2%	1,2 M €	+83.0%	672 k €	-24.9%	895 k €	+8.5%	824,7 k €	-16.2%	984,1 k €	+21.4%	810,7 k €	+25.2%	647,6 k €	-8.7%	709,1 k €	+8.7%	652,2 k €	-0.7%	656,6 k €
Other
Workforce	–		–		17,0 ETP	-8.1%	18,5 ETP	+0.5%	18,4 ETP	+10.2%	16,7 ETP	+5.7%	15,8 ETP	+17.9%	13,4 ETP	+30.1%	10,3 ETP	-8.0%	11,2 ETP	-2.6%	11,5 ETP	-9.4%	12,7 ETP	+64.9%	7,7 ETP	+63.8%	4,7 ETP	-6.0%	5,0 ETP	0.0%	5,0 ETP	+25.0%	4,0 ETP	0.0%	4,0 ETP	-9.1%	4,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 22 ended

Active mandates

BAERT ANTHONY

Manager · 0890.484.447

Represented by ANTHONY BAERT

Active

Ended mandates

BAERT ANTHONY

Managing director · since 01 avril 2009 · until 03 novembre 2015 · 0890.484.447

Represented by ANTHONY BAERT

Ended

BAERT ANTHONY

Managing director · since 01 avril 2009 · 0890.484.447

Ended

BAERT ANTHONY

Managing director · since 01 avril 2009 · 0890.484.447

Represented by Anthony Baert

Ended

Eric Baert

Administrator - manager · since 26 février 2009

Ended

At this address

Other companies at this address

Company	CBE no.
BAERT ANTHONY● Active	0890.484.447

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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/12/2025	20/12/2024	19/12/2023	21/12/2022	22/12/2021	18/05/2021
General meeting	04/11/2025	05/11/2024	06/11/2023	01/11/2022	02/11/2021	03/11/2020
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	04/11/2025	29/12/2025	Dutch	PDF
Abridged model	30/06/2024	05/11/2024	20/12/2024	Dutch	PDF
Abridged model	30/06/2023	06/11/2023	19/12/2023	Dutch	PDF
Abridged model	30/06/2022	01/11/2022	21/12/2022	Dutch	PDF
Abridged model	30/06/2021	02/11/2021	22/12/2021	Dutch	PDF
Abridged modelCorrection	30/06/2020	03/11/2020	18/05/2021	Dutch	PDF
Abridged model	30/06/2020	03/11/2020	15/01/2021	Dutch	PDF
Abridged model	30/06/2019	05/11/2019	15/01/2020	Dutch	PDF
Abridged model	30/06/2018	06/11/2018	14/01/2019	Dutch	PDF
Abridged model	30/06/2017	07/11/2017	01/12/2017	Dutch	PDF
Abridged model	30/06/2016	02/11/2016	21/12/2016	Dutch	PDF
Abridged model	30/06/2015	03/11/2015	15/12/2015	Dutch	PDF
Abridged model	30/06/2014	04/11/2014	06/01/2015	Dutch	PDF
Abridged model	30/06/2013	05/11/2013	16/01/2014	Dutch	PDF
Abridged modelCorrection	30/06/2012	06/11/2012	15/04/2013	Dutch	PDF
Abridged model	30/06/2012	06/11/2012	31/01/2013	Dutch	PDF
Abridged model	30/06/2011	02/11/2011	12/12/2011	Dutch	PDF
Abridged model	30/06/2010	02/11/2010	03/01/2011	Dutch	PDF
Abridged model	30/06/2009	03/11/2009	26/01/2010	Dutch	PDF
Abridged model	30/06/2008	04/11/2008	22/12/2008	Dutch	PDF
Abridged model	30/06/2007	06/11/2007	31/01/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 22 ended

Active mandates

BAERT ANTHONY

Manager · 0890.484.447

Represented by ANTHONY BAERT

Active

Ended mandates

BAERT ANTHONY

Managing director · since 01 avril 2009 · until 03 novembre 2015 · 0890.484.447

Represented by ANTHONY BAERT

Ended

BAERT ANTHONY

Managing director · since 01 avril 2009 · 0890.484.447

Ended

BAERT ANTHONY

Managing director · since 01 avril 2009 · 0890.484.447

Represented by Anthony Baert

Ended

Eric Baert

Administrator - manager · since 26 février 2009

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates23/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office26/10/2018
MAATSCHAPPELIJKE ZETEL
PDF
Other18/12/2017
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates26/01/2017
ONTSLAGEN - BENOEMINGEN
PDF
Other16/01/2012
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office17/03/2011
MAATSCHAPPELIJKE ZETEL
PDF
Mandates10/08/2009
ONTSLAGEN - BENOEMINGEN
PDF
Registered office12/06/2008
MAATSCHAPPELIJKE ZETEL
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 2025385 k €↑
2024
Annual accounts 2024205,5 k €↑
2023
Annual accounts 2023200,4 k €↓
2022
Annual accounts 2022293,3 k €↑
2021
Annual accounts 202116,9 k €↑
2020
Annual accounts 2020-12,3 k €↓
2019
Annual accounts 2019-2,7 k €↓
2018
Annual accounts 201814,2 k €↓
2017
Annual accounts 201794,3 k €↓
2016
Annual accounts 2016237,9 k €↑
2015
Annual accounts 201527 k €↑
2014
Annual accounts 201413,4 k €↑
2013
Annual accounts 20136,9 k €↑
2012
Annual accounts 2012-9,3 k €↓
2011
Annual accounts 2011279,3 €↑
2010
Annual accounts 2010118,5 €↓
2009
Annual accounts 200917,9 k €↑
2008
Annual accounts 2008-2 k €↓
2007
Annual accounts 200716,2 k €
14/12/1979
IncorporationPublic 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

YELBA

Overview

What does YELBA do?

Trend over 19 financial years

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