ACTIVE

Seagull Decor

Financial year 2025 · closed on 31/12/2025
Net result
111,3 k €
+97.8% YoY
Gross margin
1,5 M €
-14.5% YoY
Equity
16,4 M €
+0.7% YoY
Workforce
0,0 ETP

What does Seagull Decor do?

Seagull Decor is a Public limited company incorporated in 1981. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0421.640.093
Incorporation
02/05/1981
Legal form
Public limited company
Registered office
Kernenergiestraat 19 box R2
2610 Antwerpen · FlandreSee on map
Contributed capital
371 840,29 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212018201720162015201420132012201120102009200820072006
Income statement
Gross margin1,5 M €1,8 M €1,2 M €1,3 M €1,1 M €1,3 M €2,9 M €2,9 M €3 M €2 M €2 M €989,5 k €832,9 k €766,1 k €635,4 k €604,4 k €1,3 M €807 k €
EBITDA983,5 k €807,6 k €995,4 k €862,1 k €844,5 k €1 M €2,7 M €2,8 M €2,8 M €1,6 M €1,9 M €835,9 k €697,5 k €652,9 k €527,7 k €504,3 k €1,2 M €720,6 k €
Operating result227,1 k €100,2 k €246,7 k €117,1 k €140,6 k €431,1 k €1,9 M €2,3 M €2,2 M €1,1 M €1,5 M €514,7 k €357,8 k €321,5 k €423,3 k €431,6 k €1,1 M €568,7 k €
Net result111,3 k €56,3 k €169,7 k €58,6 k €62,3 k €160,4 k €1,4 M €1,3 M €4,3 M €655,5 k €3 M €-858,8 k €538,7 k €228,4 k €216,6 k €159,8 k €-261,3 k €847,5 k €
Balance sheet
Equity16,4 M €16,3 M €16,2 M €16,1 M €16 M €16,2 M €16 M €14,6 M €13,4 M €10,1 M €10 M €8,1 M €9 M €8,4 M €8,2 M €7,9 M €7,7 M €8 M €
Total assets21,6 M €20,6 M €20,3 M €20,6 M €20,7 M €22,5 M €22,6 M €21,8 M €28,5 M €25,7 M €21,3 M €22,1 M €19 M €18,7 M €13,9 M €12,8 M €13,5 M €14,3 M €
Cash352,6 k €504,5 k €194,8 k €1,3 M €1,8 M €4,3 M €410,7 k €346,1 k €5 M €4,6 M €1,4 M €602,8 k €85,5 k €8 M €671,8 k €60,6 k €42,7 k €4,2 M €
Debts4,3 M €3,4 M €3,2 M €3,6 M €3,8 M €5,4 M €5,7 M €6,6 M €14,6 M €15,2 M €10,9 M €13,6 M €9,6 M €9,9 M €5,3 M €4,5 M €5,4 M €6,1 M €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 51 ended

Active mandates

GRONDMAATSCHAPPIJ VAN BELGIE

Managing director · since 07 novembre 2023 · until 06 novembre 2029 · 0429.600.330

Represented by Jochen DEBUCQUOY

Active
Industrie hotelière et immobilière

Managing director · since 07 novembre 2023 · until 06 novembre 2029 · 0402.868.714

Represented by Jonathan Debucquoy

Active
Joachim Debucquoy

Managing director · since 07 novembre 2023 · until 06 novembre 2029

Active

Ended mandates

GRONDMAATSCHAPPIJ VAN BELGIE

Managing director · since 01 février 2022 · until 01 juillet 2024 · 0429.600.330

Represented by Jochen Debucquoy

Ended
Industrie hotelière et immobilière

Managing director · since 01 février 2022 · until 01 juillet 2024 · 0402.868.714

Represented by Jonathan Dubecquoy

Ended
GRONDMAATSCHAPPIJ VAN BELGIE

Director · since 02 juillet 2018 · until 01 juillet 2024 · 0429.600.330

Represented by Stijn Calle

Ended
GRONDMAATSCHAPPIJ VAN BELGIE

Director · since 02 juillet 2018 · until 01 juillet 2024 · 0429.600.330

Represented by Stijn CALLE

Ended
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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 date30/06/202630/06/202528/06/202414/07/202312/07/202209/08/2021
General meeting08/06/202627/06/202521/06/202407/07/202329/06/202230/06/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202508/06/202630/06/2026DutchPDF
Abridged model31/12/202427/06/202530/06/2025DutchPDF
Abridged model31/12/202321/06/202428/06/2024DutchPDF
Abridged model31/12/202207/07/202314/07/2023DutchPDF
Abridged model31/12/202129/06/202212/07/2022DutchPDF
Abridged model31/12/202030/06/202109/08/2021DutchPDF
Abridged model31/12/201925/06/202015/07/2020DutchPDF
Abridged model31/12/201829/06/201915/07/2019DutchPDF
Abridged model31/12/201730/04/201824/07/2018DutchPDF
Abridged model31/12/201631/05/201729/06/2017DutchPDF
Abridged model31/12/201531/05/201624/08/2016DutchPDF
Abridged model31/12/201430/06/201518/08/2015DutchPDF
Abridged model31/12/201324/06/201416/07/2014DutchPDF
Abridged model31/12/201226/04/201323/08/2013DutchPDF
Abridged model31/12/201126/04/201223/08/2012DutchPDF
Abridged model31/12/201028/04/201130/08/2011DutchPDF
Abridged model31/12/200926/04/201027/08/2010DutchPDF
Abridged model31/12/200830/04/200928/08/2009DutchPDF
Abridged model31/12/200724/04/200829/08/2008DutchPDF
Abridged model31/12/200624/04/200730/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/12/2025 · 3 active · 51 ended

Active mandates

GRONDMAATSCHAPPIJ VAN BELGIE

Managing director · since 07 novembre 2023 · until 06 novembre 2029 · 0429.600.330

Represented by Jochen DEBUCQUOY

Active
Industrie hotelière et immobilière

Managing director · since 07 novembre 2023 · until 06 novembre 2029 · 0402.868.714

Represented by Jonathan Debucquoy

Active
Joachim Debucquoy

Managing director · since 07 novembre 2023 · until 06 novembre 2029

Active

Ended mandates

GRONDMAATSCHAPPIJ VAN BELGIE

Managing director · since 01 février 2022 · until 01 juillet 2024 · 0429.600.330

Represented by Jochen Debucquoy

Ended
Industrie hotelière et immobilière

Managing director · since 01 février 2022 · until 01 juillet 2024 · 0402.868.714

Represented by Jonathan Dubecquoy

Ended
GRONDMAATSCHAPPIJ VAN BELGIE

Director · since 02 juillet 2018 · until 01 juillet 2024 · 0429.600.330

Represented by Stijn Calle

Ended
GRONDMAATSCHAPPIJ VAN BELGIE

Director · since 02 juillet 2018 · until 01 juillet 2024 · 0429.600.330

Represented by Stijn CALLE

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office14/04/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other13/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office22/11/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates13/05/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/08/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office23/04/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates30/07/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/01/2018
    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 2025111,3 k €
  2. 2024
    Annual accounts 202456,3 k €
  3. 2023
    Annual accounts 2023169,7 k €
  4. 2022
    Annual accounts 202258,6 k €
  5. 2021
    Annual accounts 202162,3 k €
  6. 2018
    Annual accounts 2018160,4 k €
  7. 2017
    Annual accounts 20171,4 M €
  8. 2016
    Annual accounts 20161,3 M €
  9. 2015
    Annual accounts 20154,3 M €
  10. 2014
    Annual accounts 2014655,5 k €
  11. 2013
    Annual accounts 20133 M €
  12. 2012
    Annual accounts 2012-858,8 k €
  13. 2011
    Annual accounts 2011538,7 k €
  14. 2010
    Annual accounts 2010228,4 k €
  15. 2009
    Annual accounts 2009216,6 k €
  16. 2008
    Annual accounts 2008159,8 k €
  17. 2007
    Annual accounts 2007-261,3 k €
  18. 2006
    Annual accounts 2006847,5 k €
  19. 02/05/1981
    IncorporationPublic limited company