ACTIVE

DETAFORM

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Financial year 2024 · closed on 31/12/2024

Net result

-315,7 k €

-111.3% YoY

Revenue

5,5 k €

-98.6% YoY

Equity

5,6 M €

-5.4% YoY

Workforce

2,2 ETP

-76.6% YoY

What does DETAFORM do?

DETAFORM is a Public limited company incorporated in 1982. Its main activity is: Manufacture of veneer sheets and wood-based panels. Its registered office is in Menen. It employs on average 2,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0423.328.190

Incorporation

14/12/1982

Legal form

Public limited company

Registered office

Veldstraat 7
8930 Menen · FlandreSee on map

Contributed capital

110 000,00 €

Latest accounts

31/12/2024

Average workforce

2,2 ETP

Activities (NACE)

16210Manufacture of veneer sheets and wood-based panels· main 16210Manufacture of veneer sheets and wood-based panels 20200Manufacture of pesticides and other agrochemical products 16281Manufacture of products of wood, cork, straw and plaiting materials 16291Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials 46732Wholesale of wood, construction materials and sanitary equipment+4

Joint committees (2)

Signals

Solid equityHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2006
Income statement
Revenue	5,5 k €	-98.6%	403 k €	-40.0%	671,8 k €	-39.6%	1,1 M €	-3.4%	1,2 M €	-13.1%	1,3 M €	+24.2%	1,1 M €	-22.8%	1,4 M €	-14.6%	1,6 M €	+7.4%	1,5 M €	-4.9%	1,6 M €	-10.9%	1,8 M €	-25.2%	2,4 M €	-13.4%	2,7 M €	-7.1%	3 M €	+12.8%	2,6 M €	+3.3%	2,5 M €	+105%	1,2 M €
EBITDA	-208,6 k €	-105%	3,9 M €	+121880%	3,2 k €	-98.9%	293,4 k €	-10.4%	327,5 k €	-24.2%	431,9 k €	+817%	-60,2 k €	-128%	211,9 k €	-20.4%	266,2 k €	+214%	-232,7 k €	-181%	-82,7 k €	+22.4%	-106,5 k €	-152%	204,6 k €	+103%	100,7 k €	-69.3%	327,4 k €	+228%	99,7 k €	-57.0%	232 k €	+71.5%	135,3 k €
Operating result	-274,5 k €	-107%	3,9 M €	+13037%	-30,1 k €	-112%	261,8 k €	-12.5%	299,1 k €	-26.1%	404,5 k €	+553%	-89,4 k €	-150%	179,4 k €	-19.9%	223,9 k €	+180%	-280,3 k €	-106%	-136,2 k €	+21.1%	-172,7 k €	-215%	150,8 k €	+217%	47,5 k €	-83.0%	279 k €	+396%	56,2 k €	-69.0%	181,1 k €	+54.4%	117,3 k €
Net result	-315,7 k €	-111%	2,8 M €	+2123%	-138,3 k €	-185%	163,2 k €	-17.0%	196,7 k €	-21.3%	250,1 k €	+203%	-242,5 k €	-1061%	25,2 k €	-84.9%	166,6 k €	+175%	-221,2 k €	+37.9%	-356,1 k €	-2501%	14,8 k €	+5432%	268,1 €	-90.3%	2,8 k €	-90.2%	28,1 k €	-67.1%	85,6 k €	+14491%	-594,6 €	-1167%	55,8 €
Balance sheet
Equity	5,6 M €	-5.4%	5,9 M €	+88.6%	3,1 M €	-4.2%	3,3 M €	+5.3%	3,1 M €	+6.8%	2,9 M €	+9.4%	2,7 M €	-8.4%	2,9 M €	+0.9%	2,9 M €	+6.2%	2,7 M €	-7.6%	2,9 M €	-10.8%	3,3 M €	+0.5%	3,3 M €	-0.0%	3,3 M €	+0.1%	3,3 M €	+0.9%	3,2 M €	+2.7%	3,2 M €	-0.0%	3,2 M €
Total assets	12,5 M €	-0.9%	12,7 M €	+56.5%	8,1 M €	-2.0%	8,3 M €	+1.5%	8,1 M €	+18.3%	6,9 M €	+7.0%	6,4 M €	+6.7%	6 M €	-0.4%	6 M €	-2.1%	6,2 M €	-8.9%	6,8 M €	-3.3%	7 M €	-5.7%	7,4 M €	-0.7%	7,5 M €	+7.1%	7 M €	+2.1%	6,8 M €	-2.4%	7 M €	+2.2%	6,9 M €
Cash	195 k €	-33.5%	293,4 k €	+3296%	8,6 k €	-85.3%	58,7 k €	+271%	15,8 k €	+264%	4,4 k €	-67.5%	13,4 k €	+20.2%	11,2 k €	+101%	5,6 k €	-57.4%	13,1 k €	+51.0%	8,6 k €	-84.6%	56,2 k €	+450%	10,2 k €	-45.9%	18,9 k €	-32.4%	27,9 k €	+30.4%	21,4 k €	-34.4%	32,6 k €	+90.7%	17,1 k €
Debts	5,9 M €	+3.8%	5,7 M €	+14.6%	4,9 M €	-0.7%	5 M €	-0.9%	5 M €	+26.9%	3,9 M €	+5.3%	3,7 M €	+20.9%	3,1 M €	-1.4%	3,1 M €	-8.4%	3,4 M €	-9.8%	3,8 M €	+2.9%	3,7 M €	-11.0%	4,2 M €	-1.2%	4,2 M €	+13.5%	3,7 M €	+3.4%	3,6 M €	-6.5%	3,8 M €	+3.8%	3,7 M €
Other
Workforce	2,2 ETP	-76.6%	9,4 ETP	-2.1%	9,6 ETP	-1.0%	9,7 ETP	-41.6%	16,6 ETP	-2.9%	17,1 ETP	+22.1%	14,0 ETP	+8.5%	12,9 ETP	-7.2%	13,9 ETP	-7.3%	15,0 ETP	-30.6%	21,6 ETP	-20.0%	27,0 ETP	-1.1%	27,3 ETP	-3.9%	28,4 ETP	-3.4%	29,4 ETP	-4.9%	30,9 ETP	+2.0%	30,3 ETP	+7.4%	28,2 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 31/12/2024 · 2 active · 14 ended

Active mandates

David Desmet

Managing director

Active

WAUDES

Managing director · 0834.478.132

Represented by Dirk Desmet

Active

Ended mandates

DAVID DESMET

Managing director · since 21 juin 2022 · until 20 juin 2028

Ended

WAUDES

Managing director · since 21 juin 2022 · until 20 juin 2028 · 0834.478.132

Represented by DIRK DESMET

Ended

DAVID DESMET

Managing director · since 21 juin 2016 · until 21 juin 2022

Ended

WAUDES

Managing director · since 21 juin 2016 · until 21 juin 2022 · 0834.478.132

Represented by DIRK DESMET

Ended

At this address

Other companies at this address

Company	CBE no.
HARDWOODS MAERTENS● Active	0429.716.829
HOUTBUIGERIJ G. DESMET● Active	0429.715.443

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	10/10/2025	09/10/2024	31/08/2023	27/07/2022	20/08/2021	28/08/2020
General meeting	08/10/2025	07/10/2024	20/06/2023	21/06/2022	15/06/2021	16/06/2020
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	08/10/2025	10/10/2025	Dutch	PDF
Full model	31/12/2023	07/10/2024	09/10/2024	Dutch	PDF
Full model	31/12/2022	20/06/2023	31/08/2023	Dutch	PDF
Full model	31/12/2021	21/06/2022	27/07/2022	Dutch	PDF
Full model	31/12/2020	15/06/2021	20/08/2021	Dutch	PDF
Full model	31/12/2019	16/06/2020	28/08/2020	Dutch	PDF
Full model	31/12/2018	18/06/2019	27/08/2019	Dutch	PDF
Full model	31/12/2017	19/06/2018	17/08/2018	Dutch	PDF
Full model	31/12/2016	20/06/2017	20/07/2017	Dutch	PDF
Full model	31/12/2015	21/06/2016	28/07/2016	Dutch	PDF
Full model	31/12/2014	16/06/2015	24/08/2015	Dutch	PDF
Full model	31/12/2013	17/06/2014	29/08/2014	Dutch	PDF
Full model	31/12/2012	18/06/2013	26/08/2013	Dutch	PDF
Full model	31/12/2011	19/06/2012	24/08/2012	Dutch	PDF
Full model	31/12/2010	21/06/2011	24/08/2011	Dutch	PDF
Full model	31/12/2009	16/06/2010	13/07/2010	Dutch	PDF
Full model	31/12/2008	16/06/2009	14/07/2009	Dutch	PDF
Full model	31/12/2007	30/06/2008	26/08/2008	Dutch	PDF
Full model	31/12/2006	19/06/2007	16/07/2007	Dutch	PDF
Full model	30/06/2006	29/01/2007	21/02/2007	Dutch	PDF

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 31/12/2024 · 2 active · 14 ended

Active mandates

David Desmet

Managing director

Active

WAUDES

Managing director · 0834.478.132

Represented by Dirk Desmet

Active

Ended mandates

DAVID DESMET

Managing director · since 21 juin 2022 · until 20 juin 2028

Ended

WAUDES

Managing director · since 21 juin 2022 · until 20 juin 2028 · 0834.478.132

Represented by DIRK DESMET

Ended

DAVID DESMET

Managing director · since 21 juin 2016 · until 21 juin 2022

Ended

WAUDES

Managing director · since 21 juin 2016 · until 21 juin 2022 · 0834.478.132

Represented by DIRK DESMET

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office22/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL
PDF
Mandates17/08/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/08/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/11/2011
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring20/07/2009
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring19/05/2009
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates05/11/2008
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares19/01/2007
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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

2024
Annual accounts 2024-315,7 k €↓
2023
Annual accounts 20232,8 M €↑
2022
Annual accounts 2022-138,3 k €↓
2021
Annual accounts 2021163,2 k €↓
2020
Annual accounts 2020196,7 k €↓
2019
Annual accounts 2019250,1 k €↑
2018
Annual accounts 2018-242,5 k €↓
2017
Annual accounts 201725,2 k €↓
2016
Annual accounts 2016166,6 k €↑
2015
Annual accounts 2015-221,2 k €↑
2014
Annual accounts 2014-356,1 k €↓
2013
Annual accounts 201314,8 k €↑
2012
Annual accounts 2012268,1 €↓
2011
Annual accounts 20112,8 k €↓
2010
Annual accounts 201028,1 k €↓
2009
Annual accounts 200985,6 k €↑
2008
Annual accounts 2008-594,6 €↓
2006
Annual accounts 200655,8 €
14/12/1982
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

DETAFORM

Overview

What does DETAFORM do?

Trend over 18 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