ACTIVE

LAUNDRY SOLUTIONS

Financial year 2025 · closed on 31/03/2025
Net result
1,7 M €
+355.1% YoY
Revenue
22,6 M €
+169.2% YoY
Equity
3,4 M €
+102.7% YoY
Workforce
163,3 ETP
+219.6% YoY

What does LAUNDRY SOLUTIONS do?

LAUNDRY SOLUTIONS is a Public limited company incorporated in 1980. Its registered office is in Deinze. It employs on average 163,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0420.999.893
Incorporation
08/12/1980
Legal form
Public limited company
Registered office
Dorpsstraat 105
9800 Deinze · FlandreSee on map
Contributed capital
74 368,06 €
Latest accounts
31/03/2025
Average workforce
163,3 ETP
Joint committees (3)
  • 110
  • 200
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120192018201720162015201320122011201020092008
Income statement
Revenue22,6 M €8,4 M €7,6 M €5,3 M €2,8 M €6,6 M €6,6 M €6,6 M €6,6 M €6,9 M €6,9 M €1,6 M €
EBITDA6,8 M €2,3 M €1,9 M €1 M €457,2 k €906 k €1,2 M €1,3 M €1,2 M €1,2 M €672,1 k €199,7 k €1 M €1,4 M €1,3 M €1,4 M €
Operating result2,6 M €659,5 k €218,1 k €82,4 k €85,1 k €43,3 k €102,8 k €185,6 k €-99,1 k €261,4 k €-6,4 k €37 k €133,4 k €410,8 k €195,2 k €289,5 k €
Net result1,7 M €374,9 k €93,8 k €27,1 k €34 k €6,1 k €54,7 k €102,2 k €79,5 k €153,3 k €11 k €45,9 k €12 k €339,7 k €213,8 k €272,6 k €
Balance sheet
Equity3,4 M €1,7 M €1,3 M €1,2 M €1,2 M €1,1 M €1,1 M €1 M €942,1 k €862,6 k €650,8 k €639,8 k €1,6 M €1,6 M €1,5 M €1,5 M €
Total assets21,3 M €11,1 M €9,9 M €8,5 M €8,2 M €6,5 M €5,4 M €4,3 M €3,9 M €4,6 M €4,5 M €3,9 M €3,6 M €3,7 M €4 M €4,1 M €
Cash1 M €943,3 k €864,4 k €196,8 k €658,1 k €237,5 k €204,8 k €361 k €116,1 k €348,1 k €455,3 k €833,5 k €1,3 M €1,5 M €1,7 M €843,2 k €
Debts17,9 M €9,4 M €8,6 M €7,4 M €7 M €5,4 M €4,3 M €3,3 M €3 M €3,8 M €3,9 M €3,3 M €2 M €2,1 M €2,5 M €2,6 M €
Other
Workforce163,3 ETP51,1 ETP45,5 ETP43,9 ETP37,4 ETP35,2 ETP36,4 ETP34,3 ETP38,3 ETP37,3 ETP39,7 ETP39,0 ETP29,3 ETP30,8 ETP32,3 ETP34,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2025 · 7 active · 39 ended

Active mandates

Isabelle Wibo

Director · since 30 septembre 2024 · until 28 septembre 2029

Active
BOWI

Chairman of the board of directors · since 30 septembre 2023 · until 28 septembre 2029 · 0430.646.247

Represented by Jean-Charles Wibo

Active
Martine De Muynck

Director · since 30 septembre 2023 · until 28 septembre 2029

Active
Piet Dekeukelaere

Director · since 30 septembre 2023 · until 28 septembre 2029

Active
RACOFIN

Managing director · since 30 septembre 2023 · until 30 septembre 2024 · 0848.207.887

Represented by Reinhard De Muynck

Active
SCELDEHOLT

Director · since 30 septembre 2023 · until 30 septembre 2024 · 0742.819.466

Represented by Olivier Blontrock

Active
Weboss

Director · since 30 septembre 2023 · until 28 septembre 2029 · 0741.795.226

Represented by Nicolas Wibo

Active

Ended mandates

RACOFIN

Managing director · since 30 septembre 2023 · until 28 septembre 2029 · 0848.207.887

Represented by Reinhard De Muynck

Ended
SCELDEHOLT

Director · since 30 septembre 2023 · until 28 septembre 2029 · 0742.819.466

Represented by Olivier Blontrock

Ended
RACOFIN

Director · since 26 février 2020 · until 29 septembre 2023 · 0848.207.887

Represented by Reinhard De Muynck

Ended
RACOFIN

Director · since 26 février 2020 · until 29 septembre 2023 · 0848.207.887

Represented by Reinhard DE MUYNCK

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date14/10/202517/01/202520/10/202319/10/202217/11/202116/10/2020
General meeting26/09/202527/09/202422/09/202323/09/202230/09/202125/09/2020
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
Full model31/03/202526/09/202514/10/2025DutchPDF
Full model31/03/202427/09/202417/01/2025DutchPDF
Full model31/03/202322/09/202320/10/2023DutchPDF
Full model31/03/202223/09/202219/10/2022DutchPDF
Full model31/03/202130/09/202117/11/2021DutchPDF
Full model31/03/202025/09/202016/10/2020DutchPDF
Full model31/03/201927/09/201925/10/2019DutchPDF
Full model31/03/201828/09/201825/10/2018DutchPDF
Full model31/03/201729/09/201703/11/2017DutchPDF
Full model31/03/201630/09/201631/10/2016DutchPDF
Full model31/03/201525/09/201523/10/2015DutchPDF
Full model31/03/201426/09/201431/10/2014DutchPDF
Full model31/03/201327/09/201328/10/2013DutchPDF
Full model31/03/201228/09/201222/10/2012DutchPDF
Abridged model31/12/201114/05/201228/06/2012DutchPDF
Abridged model31/12/201016/05/201101/06/2011DutchPDF
Abridged model31/12/200917/05/201001/07/2010DutchPDF
Abridged model31/12/200818/05/200902/07/2009DutchPDF
Abridged modelCorrection31/12/200709/06/200823/12/2008DutchPDF
Abridged model31/12/200709/06/200830/09/2008DutchPDF
Abridged model31/12/200625/06/200731/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 31/03/2025 · 7 active · 39 ended

Active mandates

Isabelle Wibo

Director · since 30 septembre 2024 · until 28 septembre 2029

Active
BOWI

Chairman of the board of directors · since 30 septembre 2023 · until 28 septembre 2029 · 0430.646.247

Represented by Jean-Charles Wibo

Active
Martine De Muynck

Director · since 30 septembre 2023 · until 28 septembre 2029

Active
Piet Dekeukelaere

Director · since 30 septembre 2023 · until 28 septembre 2029

Active
RACOFIN

Managing director · since 30 septembre 2023 · until 30 septembre 2024 · 0848.207.887

Represented by Reinhard De Muynck

Active
SCELDEHOLT

Director · since 30 septembre 2023 · until 30 septembre 2024 · 0742.819.466

Represented by Olivier Blontrock

Active
Weboss

Director · since 30 septembre 2023 · until 28 septembre 2029 · 0741.795.226

Represented by Nicolas Wibo

Active

Ended mandates

RACOFIN

Managing director · since 30 septembre 2023 · until 28 septembre 2029 · 0848.207.887

Represented by Reinhard De Muynck

Ended
SCELDEHOLT

Director · since 30 septembre 2023 · until 28 septembre 2029 · 0742.819.466

Represented by Olivier Blontrock

Ended
RACOFIN

Director · since 26 février 2020 · until 29 septembre 2023 · 0848.207.887

Represented by Reinhard De Muynck

Ended
RACOFIN

Director · since 26 février 2020 · until 29 septembre 2023 · 0848.207.887

Represented by Reinhard DE MUYNCK

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates02/07/2026
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring29/11/2024
    BENAMING - ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring30/07/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other05/07/2022
    DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates14/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/01/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/06/2020
    MAATSCHAPPELIJKE ZETEL - 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 20251,7 M €
  2. 2025
    Name changeLAUNDRY SOLUTIONS
  3. 2024
    Annual accounts 2024374,9 k €
  4. 2023
    Annual accounts 202393,8 k €
  5. 2022
    Annual accounts 202227,1 k €
  6. 2022
    Name changeWasbedrijf Dekeukelaere
  7. 2021
    Annual accounts 202134 k €
  8. 2019
    Annual accounts 20196,1 k €
  9. 2018
    Annual accounts 201854,7 k €
  10. 2017
    Annual accounts 2017102,2 k €
  11. 2016
    Annual accounts 201679,5 k €
  12. 2015
    Annual accounts 2015153,3 k €
  13. 2013
    Annual accounts 201311 k €
  14. 2012
    Annual accounts 201245,9 k €
  15. 2011
    Annual accounts 201112 k €
  16. 2010
    Annual accounts 2010339,7 k €
  17. 2009
    Annual accounts 2009213,8 k €
  18. 2008
    Annual accounts 2008272,6 k €
  19. 08/12/1980
    IncorporationPublic limited company