ACTIVE

db Hardwoods

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Financial year 2025 · closed on 31/12/2025

Net result

151,6 k €

-45.0% YoY

Revenue

11 M €

-12.6% YoY

Equity

5,8 M €

+2.7% YoY

Workforce

2,9 ETP

-3.3% YoY

What does db Hardwoods do?

db Hardwoods is a Public limited company incorporated in 1984. Its main activity is: Wholesale of wood, construction materials and sanitary equipment. Its registered office is in Ledegem. It employs on average 2,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0425.328.370

Incorporation

24/02/1984

Legal form

Public limited company

Registered office

Roeselarestraat 154
8880 Ledegem · FlandreSee on map

Contributed capital

70 000,00 €

Latest accounts

31/12/2025

Average workforce

2,9 ETP

Activities (NACE)

46732Wholesale of wood, construction materials and sanitary equipment· main 46832Wholesale trade, except of motor vehicles and motorcycles 51531Air transport 47521Retail sale of hardware, paints and glass in specialised stores 47521Retail sale of hardware, paints and glass in specialised stores 52461Warehousing and support activities for transportation

Joint committees (3)

200
20000
218

Contacts

4 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	11 M €	-12.6%	12,6 M €	-8.4%	13,7 M €	-15.1%	16,2 M €	-5.5%	17,1 M €	+38.6%	12,3 M €	+5.8%	11,7 M €	+12.1%	10,4 M €	+1.2%	10,3 M €	+15.4%	8,9 M €	-3.6%	9,3 M €	-6.3%	9,9 M €	-5.4%	10,4 M €	+45.4%	7,2 M €	-1.5%	7,3 M €	-8.4%	8 M €		–		–
EBITDA	629,2 k €	-23.5%	822,2 k €	+7.2%	766,9 k €	-28.5%	1,1 M €	-38.7%	1,8 M €	+74.6%	1 M €	-23.4%	1,3 M €	-1.8%	1,3 M €	+33.5%	998,5 k €	+15.7%	862,6 k €	+9.9%	785 k €	-45.7%	1,4 M €	-27.8%	2 M €	+22.9%	1,6 M €	-1.9%	1,7 M €	+30.3%	1,3 M €	-4.5%	1,3 M €	+43.8%	928,5 k €
Operating result	556,6 k €	-28.7%	780,1 k €	+11.5%	699,9 k €	-26.0%	946,4 k €	-42.9%	1,7 M €	+81.5%	913,6 k €	-25.1%	1,2 M €	-0.2%	1,2 M €	+36.4%	896,6 k €	+17.7%	761,8 k €	+13.7%	670 k €	-48.9%	1,3 M €	-29.0%	1,8 M €	+24.0%	1,5 M €	-1.8%	1,5 M €	+32.8%	1,1 M €	-3.4%	1,2 M €	+51.2%	782,8 k €
Net result	151,6 k €	-45.0%	275,3 k €	-6.9%	295,7 k €	-40.4%	495,9 k €	-51.7%	1 M €	+135%	436,8 k €	-25.5%	586,4 k €	-10.5%	655,2 k €	+48.4%	441,4 k €	+22.1%	361,3 k €	-6.3%	385,7 k €	-74.2%	1,5 M €	+23.8%	1,2 M €	+24.5%	971,3 k €	-1.8%	988,6 k €	+38.0%	716,3 k €	-5.9%	761,4 k €	+53.5%	496,1 k €
Balance sheet
Equity	5,8 M €	+2.7%	5,6 M €	+5.2%	5,3 M €	+5.9%	5 M €	+10.9%	4,6 M €	-6.4%	4,9 M €	+9.9%	4,4 M €	+15.3%	3,8 M €	+20.6%	3,2 M €	+16.1%	2,7 M €	+15.2%	2,4 M €	-71.6%	8,4 M €	+21.8%	6,9 M €	+21.3%	5,7 M €	+20.7%	4,7 M €	+26.7%	3,7 M €	+24.0%	3 M €	+34.2%	2,2 M €
Total assets	11,4 M €	-8.6%	12,5 M €	-0.2%	12,5 M €	+4.3%	12 M €	-3.0%	12,4 M €	+23.9%	10 M €	-5.8%	10,6 M €	-2.4%	10,9 M €	+16.1%	9,4 M €	+5.9%	8,8 M €	-1.4%	9 M €	-35.7%	13,9 M €	+12.2%	12,4 M €	+42.1%	8,7 M €	-2.9%	9 M €	+25.0%	7,2 M €	+19.8%	6 M €	+16.3%	5,2 M €
Cash	770,8 k €	+261%	213,5 k €	-43.0%	374,6 k €	-81.4%	2 M €	-46.4%	3,8 M €	+244%	1,1 M €	-25.9%	1,5 M €	-20.1%	1,9 M €	+194%	630,1 k €	-43.9%	1,1 M €	+198%	376 k €	+39.4%	269,6 k €	+18.7%	227,2 k €	+316%	54,6 k €	+24.4%	43,9 k €	-37.9%	70,7 k €	-66.4%	210,5 k €	-17.1%	253,8 k €
Debts	5,7 M €	-17.8%	6,9 M €	-4.2%	7,2 M €	+3.2%	7 M €	-11.1%	7,8 M €	+52.6%	5,1 M €	-16.9%	6,2 M €	-12.0%	7 M €	+13.9%	6,2 M €	+1.3%	6,1 M €	-7.5%	6,6 M €	+18.3%	5,6 M €	+0.4%	5,5 M €	+80.4%	3,1 M €	-28.6%	4,3 M €	+23.2%	3,5 M €	+15.8%	3 M €	+2.7%	2,9 M €
Other
Workforce	2,9 ETP	-3.3%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	+3.4%	2,9 ETP	+45.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	-13.0%	2,3 ETP	-11.5%	2,6 ETP	+30.0%	2,0 ETP	0.0%	2,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Demoen Heidi

Director

Active

Wood Sales & Investments

Managing director · 0885.063.632

Represented by Wim Debackere

Active

Ended mandates

Heidi Demoen

Director · since 23 avril 2016 · until 23 avril 2022

Ended

Wood Sales & Investments

Managing director · since 23 avril 2016 · until 23 avril 2022 · 0885.063.632

Represented by Wim Debackere

Ended

Wood Sales & Investments

Managing director · since 20 novembre 2006 · 0885.063.632

Represented by Wim Debackere

Ended

Wood Sales & Investments

Managing director · since 20 novembre 2006 · 0885.063.632

Represented by Wim Debackere

Ended

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	15/07/2026	17/07/2025	24/05/2024	17/05/2023	12/05/2022	15/07/2021
General meeting	30/06/2026	30/06/2025	27/04/2024	22/04/2023	23/04/2022	30/06/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	15/07/2026	Dutch	PDF
Full model	31/12/2024	30/06/2025	17/07/2025	Dutch	PDF
Full model	31/12/2023	27/04/2024	24/05/2024	Dutch	PDF
Full model	31/12/2022	22/04/2023	17/05/2023	Dutch	PDF
Full model	31/12/2021	23/04/2022	12/05/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	15/07/2021	Dutch	PDF
Full model	31/12/2019	25/04/2020	11/05/2020	Dutch	PDF
Full model	31/12/2018	27/04/2019	27/05/2019	Dutch	PDF
Full model	31/12/2017	30/05/2018	19/06/2018	Dutch	PDF
Full model	31/12/2016	22/04/2017	02/05/2017	Dutch	PDF
Full model	31/12/2015	23/04/2016	24/05/2016	Dutch	PDF
Full model	31/12/2014	25/04/2015	12/05/2015	Dutch	PDF
Full model	31/12/2013	26/04/2014	28/04/2014	Dutch	PDF
Full model	31/12/2012	27/04/2013	24/05/2013	Dutch	PDF
Full model	31/12/2011	28/04/2012	04/05/2012	Dutch	PDF
Full model	31/12/2010	23/04/2011	09/05/2011	Dutch	PDF
Full model	31/12/2009	24/04/2010	20/05/2010	Dutch	PDF
Full model	31/12/2008	25/04/2009	05/05/2009	Dutch	PDF
Abridged model	31/12/2007	26/04/2008	28/04/2008	Dutch	PDF
Abridged model	31/12/2006	28/04/2007	21/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 2 active · 8 ended

Active mandates

Demoen Heidi

Director

Active

Wood Sales & Investments

Managing director · 0885.063.632

Represented by Wim Debackere

Active

Ended mandates

Heidi Demoen

Director · since 23 avril 2016 · until 23 avril 2022

Ended

Wood Sales & Investments

Managing director · since 23 avril 2016 · until 23 avril 2022 · 0885.063.632

Represented by Wim Debackere

Ended

Wood Sales & Investments

Managing director · since 20 novembre 2006 · 0885.063.632

Represented by Wim Debackere

Ended

Wood Sales & Investments

Managing director · since 20 novembre 2006 · 0885.063.632

Represented by Wim Debackere

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other03/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
PDF
Mandates07/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/06/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/09/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/05/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/12/2006
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares23/11/2006
BOEKJAAR - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates21/09/2006
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

2025
Annual accounts 2025151,6 k €↓
2024
Annual accounts 2024275,3 k €↓
2023
Annual accounts 2023295,7 k €↓
2022
Annual accounts 2022495,9 k €↓
2021
Annual accounts 20211 M €↑
2018
Annual accounts 2018436,8 k €↓
2017
Annual accounts 2017586,4 k €↓
2016
Annual accounts 2016655,2 k €↑
2015
Annual accounts 2015441,4 k €↑
2014
Annual accounts 2014361,3 k €↓
2013
Annual accounts 2013385,7 k €↓
2012
Annual accounts 20121,5 M €↑
2011
Annual accounts 20111,2 M €↑
2010
Annual accounts 2010971,3 k €↓
2009
Annual accounts 2009988,6 k €↑
2008
Annual accounts 2008716,3 k €↓
2007
Annual accounts 2007761,4 k €↑
2006
Annual accounts 2006496,1 k €
24/02/1984
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

db Hardwoods

Overview

What does db Hardwoods do?

Trend over 18 financial years

Indicative valuation

Board of directors

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