ACTIVE

ADDEV EUROBANDS

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Financial year 2025 · Closed on 31/12/2025

Net result996,1 k €+4,8 %over 1 year
Gross margin2,6 M €-2,7 %over 1 year
Equity2 M €+2,3 %over 1 year
Workforce14,5 ETP-8,2 %over 1 year

Identity

Source · BCE/KBO

ADDEV EUROBANDS is a Public limited company incorporated in 1980. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Anzegem. It employs on average 14,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0421.117.679
Incorporation
30/12/1980
Legal form
Public limited company
Registered office
Huttegem 6
8570 Anzegem · FlandreSee on map
Contributed capital
77 373,69 €
Latest accounts
31/12/2025
Average workforce
14,5 ETP
Joint committees (3)
  • 100
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin2,6 M €2,7 M €3,2 M €2,7 M €2,5 M €
EBITDA1,4 M €1,4 M €1,8 M €1,5 M €1,3 M €
Operating result1,3 M €1,3 M €1,7 M €1,4 M €1,3 M €
Net result996,1 k €950,2 k €1,3 M €1,1 M €1 M €
Balance sheet
Equity2 M €2 M €3,4 M €2,7 M €1,6 M €
Total assets3,9 M €3,7 M €4,3 M €4,3 M €4,2 M €
Cash531,8 k €651,5 k €919,6 k €803,5 k €272,1 k €
Debts1,9 M €1,7 M €898,2 k €1,6 M €2,5 M €
Other
Workforce14,5 ETP15,8 ETP16,7 ETP15,1 ETP15,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 22 ended

Active mandates

Cyril Frances

Director · since 01 avril 2025 · until 06 mai 2030

Active
Herman Hogg

Director · since 06 janvier 2023 · until 01 février 2025

Active
Jo CORNELUS

Dagelijks bestuur · since 13 mai 2021 · until 03 mai 2027

Active
PASCAL NADOBNY

Managing director · since 16 avril 2015 · until 02 mai 2028

Active

Ended mandates

Herman Hogg

Director · since 06 janvier 2023 · until 02 mai 2028

Ended
Jean-Jacques Bancel

Director · since 06 janvier 2023 · until 02 mai 2028

Ended
ADDEV SERVICES NV

Managing director · since 05 mars 2020 · 0472.325.464

Represented by Aude CURY

Ended
Aude CURY

Director · since 05 mars 2020 · until 06 janvier 2023

Ended

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 date23/06/202601/07/202517/06/202412/06/202330/06/202225/06/2021
General meeting04/05/202630/05/202524/05/202402/06/202302/06/202203/06/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202504/05/202623/06/2026DutchPDF
Abridged model31/12/202430/05/202501/07/2025DutchPDF
Abridged model31/12/202324/05/202417/06/2024DutchPDF
Abridged model31/12/202202/06/202312/06/2023DutchPDF
Abridged model31/12/202102/06/202230/06/2022DutchPDF
Abridged model31/12/202003/06/202125/06/2021DutchPDF
Abridged model31/12/201927/05/202026/06/2020DutchPDF
Abridged model31/12/201804/06/201924/06/2019DutchPDF
Abridged model31/12/201729/03/201818/05/2018DutchPDF
Abridged model31/12/201628/03/201702/05/2017DutchPDF
Abridged model31/12/201524/03/201626/04/2016DutchPDF
Abridged model31/12/201423/06/201511/08/2015DutchPDF
Abridged model31/12/201302/06/201427/06/2014DutchPDF
Abridged model31/12/201206/05/201313/06/2013DutchPDF
Abridged model31/12/201108/06/201215/06/2012DutchPDF
Abridged model31/12/201001/06/201114/06/2011DutchPDF
Abridged model31/12/200901/06/201029/06/2010DutchPDF
Abridged model31/12/200822/06/200924/07/2009DutchPDF
Abridged model31/12/200723/06/200821/07/2008DutchPDF
Abridged model31/12/200618/06/200703/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

4 active · 22 ended

Active mandates

Cyril Frances

Director · since 01 avril 2025 · until 06 mai 2030

Active
Herman Hogg

Director · since 06 janvier 2023 · until 01 février 2025

Active
Jo CORNELUS

Dagelijks bestuur · since 13 mai 2021 · until 03 mai 2027

Active
PASCAL NADOBNY

Managing director · since 16 avril 2015 · until 02 mai 2028

Active

Ended mandates

Herman Hogg

Director · since 06 janvier 2023 · until 02 mai 2028

Ended
Jean-Jacques Bancel

Director · since 06 janvier 2023 · until 02 mai 2028

Ended
ADDEV SERVICES NV

Managing director · since 05 mars 2020 · 0472.325.464

Represented by Aude CURY

Ended
Aude CURY

Director · since 05 mars 2020 · until 06 janvier 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other24/09/2026
    —
    PDF
  • Other24/09/2026
    —
    PDF
  • Mandates21/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other07/11/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates05/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other16/06/2022
    BENAMING
    PDF
  • Restructuring22/11/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other25/10/2021
    DIVERSEN
    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 2025996,1 k €↑
  2. 2024
    Annual accounts 2024950,2 k €↓
  3. 2023
    Annual accounts 20231,3 M €↑
  4. 2022
    Annual accounts 20221,1 M €↑
  5. 2022
    Name changeADDEV EUROBANDS
  6. 2021
    Annual accounts 20211 M €↑
  7. 2020
    Annual accounts 2020781,7 k €↓
  8. 2019
    Annual accounts 2019787,2 k €↓
  9. 2018
    Annual accounts 2018868,5 k €↓
  10. 2017
    Annual accounts 2017933,9 k €↑
  11. 2016
    Annual accounts 2016915,6 k €↑
  12. 2015
    Annual accounts 2015788,3 k €↑
  13. 2014
    Annual accounts 2014750,5 k €↓
  14. 2013
    Annual accounts 2013776,1 k €↑
  15. 2012
    Annual accounts 2012654,4 k €↓
  16. 2011
    Annual accounts 2011740,5 k €↑
  17. 2010
    Annual accounts 2010656,7 k €↑
  18. 2009
    Annual accounts 2009442,3 k €↓
  19. 2008
    Annual accounts 2008615,4 k €↑
  20. 2007
    Annual accounts 2007522,3 k €↓
  21. 2006
    Annual accounts 2006586,4 k €
  22. 2006
    Name changeEurobands - Acerc - Acol
  23. 30/12/1980
    IncorporationPublic limited company