SCHELFHOUT
0425.139.122 · rovalta.com · 23/09/2026
ACTIVE
SCHELFHOUT (SA)
Financial year 2025 · closed on 31/12/2025
Net result
1,9 M €
+60.6% YoY
Revenue
95,2 M €
+1.8% YoY
Equity
18,5 M €
+1.9% YoY
Workforce
299,6 ETP
-1.1% YoY
Overview
What does SCHELFHOUT do?
SCHELFHOUT is a Public limited company incorporated in 1983. Its registered office is in Kinrooi. It employs on average 299,6 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0425.139.122
Incorporation
28/12/1983
Legal form
Public limited company
Registered office
Heikemp(Mol) 1121
3640 Kinrooi · FlandreSee on map
3640 Kinrooi · FlandreSee on map
Contributed capital
112 522,15 €
Latest accounts
31/12/2025
Average workforce
299,6 ETP
Joint committees (2)
- 10602
- 200
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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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 | |||||||||||||||||||||||||||||||||||||
| Revenue | 95,2 M € | +1.8% | 93,6 M € | -1.3% | 94,8 M € | -9.4% | 104,7 M € | +23.0% | 85,1 M € | +3.2% | 82,5 M € | -2.5% | 84,6 M € | +4.1% | 81,2 M € | +13.2% | 71,8 M € | +12.2% | 64 M € | +0.1% | 63,9 M € | +0.5% | 63,6 M € | +2.3% | 62,2 M € | -7.1% | 67 M € | +1.4% | 66,1 M € | +14.4% | 57,8 M € | -4.3% | 60,4 M € | -2.6% | 62 M € | +14.7% | 54 M € |
| EBITDA | 4 M € | +12.0% | 3,5 M € | -47.6% | 6,7 M € | -30.3% | 9,7 M € | +27.9% | 7,6 M € | -7.9% | 8,2 M € | -8.8% | 9 M € | +49.0% | 6,1 M € | +44.0% | 4,2 M € | -39.8% | 7 M € | -4.7% | 7,3 M € | -27.0% | 10 M € | -2.8% | 10,3 M € | -7.7% | 11,2 M € | +4.6% | 10,7 M € | +4.8% | 10,2 M € | -13.7% | 11,8 M € | +12.2% | 10,5 M € | +25.5% | 8,4 M € |
| Operating result | 3,1 M € | +16.1% | 2,7 M € | -55.6% | 6,1 M € | -30.7% | 8,8 M € | +27.8% | 6,9 M € | -4.2% | 7,2 M € | -9.2% | 7,9 M € | +62.8% | 4,9 M € | +54.1% | 3,2 M € | -50.8% | 6,4 M € | -3.2% | 6,6 M € | -29.5% | 9,4 M € | -3.9% | 9,8 M € | -8.4% | 10,7 M € | +7.4% | 9,9 M € | +5.7% | 9,4 M € | -12.4% | 10,7 M € | +18.3% | 9,1 M € | +34.2% | 6,7 M € |
| Net result | 1,9 M € | +60.6% | 1,2 M € | -71.2% | 4 M € | -31.7% | 5,9 M € | +35.3% | 4,3 M € | -8.1% | 4,7 M € | -4.1% | 4,9 M € | +81.1% | 2,7 M € | +16.8% | 2,3 M € | -38.3% | 3,8 M € | -3.6% | 3,9 M € | -36.3% | 6,1 M € | -4.3% | 6,4 M € | -13.9% | 7,5 M € | -85.1% | 50 M € | +747% | 5,9 M € | -5.7% | 6,3 M € | +59.5% | 3,9 M € | +46.8% | 2,7 M € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 18,5 M € | +1.9% | 18,1 M € | -17.5% | 22 M € | +22.2% | 18 M € | +48.2% | 12,1 M € | -31.9% | 17,8 M € | -22.9% | 23,1 M € | -0.4% | 23,2 M € | -9.0% | 25,5 M € | +10.0% | 23,2 M € | +19.4% | 19,4 M € | +24.8% | 15,6 M € | -71.9% | 55,4 M € | +13.1% | 49 M € | -32.2% | 72,3 M € | +14.1% | 63,4 M € | +9.7% | 57,8 M € | +167% | 21,6 M € | +21.1% | 17,9 M € |
| Total assets | 43,3 M € | -13.9% | 50,3 M € | +15.5% | 43,5 M € | +4.7% | 41,6 M € | -16.7% | 49,9 M € | -5.0% | 52,6 M € | +3.3% | 50,9 M € | -1.5% | 51,7 M € | +6.2% | 48,7 M € | +25.9% | 38,7 M € | +10.8% | 34,9 M € | +15.5% | 30,2 M € | -56.9% | 70 M € | +8.7% | 64,5 M € | -49.9% | 128,6 M € | +65.7% | 77,6 M € | -9.9% | 86,2 M € | -4.8% | 90,5 M € | +4.2% | 86,8 M € |
| Cash | 810,1 k € | – | – | – | 207,8 € | -86.1% | 1,5 k € | +425% | 283,9 € | -92.7% | 3,9 k € | -10.5% | 4,4 k € | +5.0% | 4,2 k € | +600% | 593,2 € | -49.5% | 1,2 k € | -97.8% | 52,8 k € | -62.2% | 139,8 k € | -86.3% | 1 M € | -42.4% | 1,8 M € | +141% | 735,7 k € | -56.6% | 1,7 M € | -71.3% | 5,9 M € | ||||
| Debts | 24,8 M € | -22.8% | 32,2 M € | +49.1% | 21,6 M € | -8.7% | 23,6 M € | -37.5% | 37,8 M € | +8.7% | 34,8 M € | +25.0% | 27,8 M € | -2.2% | 28,4 M € | +22.6% | 23,2 M € | +49.8% | 15,5 M € | +0.0% | 15,5 M € | +5.5% | 14,7 M € | +0.3% | 14,6 M € | -5.3% | 15,4 M € | -72.6% | 56,2 M € | +298% | 14,1 M € | -49.7% | 28 M € | -58.3% | 67,2 M € | -0.3% | 67,4 M € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | 299,6 ETP | -1.1% | 302,9 ETP | +0.3% | 302,0 ETP | -5.9% | 321,0 ETP | -1.6% | 326,2 ETP | +1.7% | 320,9 ETP | +2.7% | 312,6 ETP | +7.0% | 292,2 ETP | +8.3% | 269,9 ETP | +0.7% | 268,0 ETP | +5.7% | 253,6 ETP | +3.7% | 244,5 ETP | +2.3% | 239,0 ETP | -1.4% | 242,3 ETP | +1.2% | 239,5 ETP | +2.7% | 233,3 ETP | +0.5% | 232,2 ETP | -0.6% | 233,5 ETP | +9.3% | 213,7 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 25 M€ and 50 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 15 ended
Active mandates
Bakker Arijan
ActiveDavy Ras
ActiveEnded mandates
Stefan Van Buggenhout
EndedJOS THEYBERS
EndedJOS THEYBERS
EndedDavy Ras
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 17/06/2026 | 17/06/2025 | 20/06/2024 | 27/07/2023 | 23/06/2022 | 10/06/2021 |
| General meeting | 31/05/2026 | 21/05/2025 | 31/05/2024 | 30/06/2023 | 31/05/2022 | 14/05/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 31/05/2026 | 17/06/2026 | Dutch | |
| Full model | 31/12/2024 | 21/05/2025 | 17/06/2025 | Dutch | |
| Full model | 31/12/2023 | 31/05/2024 | 20/06/2024 | Dutch | |
| Full model | 31/12/2022 | 30/06/2023 | 27/07/2023 | Dutch | |
| Full model | 31/12/2021 | 31/05/2022 | 23/06/2022 | Dutch | |
| Full model | 31/12/2020 | 14/05/2021 | 10/06/2021 | Dutch | |
| Full model | 31/12/2019 | 19/06/2020 | 03/07/2020 | Dutch | |
| Full model | 31/12/2018 | 31/05/2019 | 25/06/2019 | Dutch | |
| Full model | 31/12/2017 | 12/06/2018 | 26/06/2018 | Dutch | |
| Full model | 31/12/2016 | 16/06/2017 | 30/06/2017 | Dutch | |
| Full model | 31/12/2015 | 31/05/2016 | 20/06/2016 | Dutch | |
| Full model | 31/12/2014 | 01/06/2015 | 10/07/2015 | Dutch | |
| Full model | 31/12/2013 | 31/05/2014 | 08/07/2014 | Dutch | |
| Full model | 31/12/2012 | 28/06/2013 | 26/08/2013 | Dutch | |
| Full model | 31/12/2011 | 29/06/2012 | 10/07/2012 | Dutch | |
| Full model | 31/12/2010 | 31/05/2011 | 01/07/2011 | Dutch | |
| Full model | 31/12/2009 | 31/05/2010 | 17/06/2010 | Dutch | |
| Full model | 31/12/2008 | 29/05/2009 | 08/07/2009 | Dutch | |
| Full model | 31/12/2007 | 02/06/2008 | 16/07/2008 | Dutch | |
| Full model | 31/12/2006 | 28/06/2007 | 31/07/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 15 ended
Active mandates
Bakker Arijan
ActiveDavy Ras
ActiveEnded mandates
Stefan Van Buggenhout
EndedJOS THEYBERS
EndedJOS THEYBERS
EndedDavy Ras
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates04/05/2026ONTSLAGEN - BENOEMINGEN
- Mandates24/10/2025ONTSLAGEN - BENOEMINGEN
- Mandates26/09/2025ONTSLAGEN - BENOEMINGEN
- Mandates06/12/2024ONTSLAGEN - BENOEMINGEN
- Restructuring19/07/2024DOEL - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring26/04/2024RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
- Other08/02/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates14/11/2022ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20251,9 M €↑
- 17/09/2025nominationArijan Bakker — bestuurder
- 21/05/2025reconductionStefan Van Buggenhout — bestuurder
- 01/01/2025nominationSoflan Milad — vaste vertegenwoordiger van de commissaris
- 2024Annual accounts 20241,2 M €↓
- 01/07/2024split
- 31/05/2024reconductionDavy Ras — bestuurder
- 31/05/2024reconductionDeloitte Bedrijfsrevisoren BV o.v.v. CVBA — commissaris
- 2023Annual accounts 20234 M €↓
- 2022Annual accounts 20225,9 M €↑
- 31/05/2022nominationStefan Van Buggenhout — bestuurder
- 2021Annual accounts 20214,3 M €↓
- 2020Annual accounts 20204,7 M €↓
- 2019Annual accounts 20194,9 M €↑
- 2018Annual accounts 20182,7 M €↑
- 2017Annual accounts 20172,3 M €↓
- 2016Annual accounts 20163,8 M €↓
- 2015Annual accounts 20153,9 M €↓
- 2014Annual accounts 20146,1 M €↓
- 2013Annual accounts 20136,4 M €↓
- 2012Annual accounts 20127,5 M €↓
- 2011Annual accounts 201150 M €↑
- 2010Annual accounts 20105,9 M €↓
- 2009Annual accounts 20096,3 M €↑
- 2008Annual accounts 20083,9 M €↑
- 2007Annual accounts 20072,7 M €
- 28/12/1983IncorporationPublic limited company