ACTIVE

Master Meubel

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Financial year 2025 · closed on 31/12/2025

Net result

207,6 k €

+161.2% YoY

Gross margin

2,1 M €

+55.4% YoY

Equity

2 M €

+11.6% YoY

Workforce

24,3 ETP

+0.8% YoY

What does Master Meubel do?

Master Meubel is a Public limited company incorporated in 1985. Its registered office is in Turnhout. It employs on average 24,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0427.129.503

Incorporation

27/03/1985

Legal form

Public limited company

Registered office

Steenweg op Diest 111
2300 Turnhout · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Average workforce

24,3 ETP

Joint committees (4)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	2,1 M €	+55.4%	1,4 M €	+10.3%	1,2 M €	+672%	159,9 k €	-88.7%	1,4 M €	+37.2%	1 M €	-5.6%	1,1 M €	+40.5%	777,2 k €	+7.0%	726,6 k €	-21.9%	930,7 k €	+33.1%	699,1 k €	-7.4%	755,1 k €	+117%	347,6 k €	-63.8%	960 k €	-15.0%	1,1 M €	-8.4%	1,2 M €	-25.9%	1,7 M €	-16.4%	2 M €	+75.3%	1,1 M €
EBITDA	586,5 k €	+920%	57,5 k €	+159%	-96,7 k €	+93.3%	-1,4 M €	-741%	224,5 k €	+86.9%	120,1 k €	-58.2%	287,3 k €	+1171%	22,6 k €	+7374%	302,5 €	-99.9%	263,3 k €	+4202%	6,1 k €	-93.1%	88,6 k €	+132%	-280,4 k €	-177%	362,4 k €	-7.8%	393,2 k €	-22.9%	509,6 k €	-33.9%	771 k €	-33.5%	1,2 M €	+221%	361,3 k €
Operating result	316,8 k €	+234%	-236 k €	+45.3%	-431,5 k €	+75.7%	-1,8 M €	-3841%	-45,1 k €	+21.8%	-57,6 k €	-131%	183,1 k €	+301%	-90,9 k €	+20.7%	-114,7 k €	-172%	158,4 k €	+243%	-110,5 k €	-683%	-14,1 k €	+96.5%	-409 k €	-284%	221,8 k €	-18.7%	272,9 k €	-15.5%	322,9 k €	-49.1%	634,4 k €	-39.1%	1 M €	+327%	244,3 k €
Net result	207,6 k €	+161%	-339,1 k €	+40.0%	-565,4 k €	+69.5%	-1,9 M €	-1448%	-119,6 k €	-55.2%	-77,1 k €	-139%	195,5 k €	+360%	-75,2 k €	-988%	8,5 k €	-95.7%	196,3 k €	+2791%	-7,3 k €	-152%	14 k €	+104%	-355,5 k €	-281%	196,8 k €	-36.1%	307,9 k €	-19.3%	381,6 k €	-23.3%	497,8 k €	-38.9%	814,5 k €	+489%	138,4 k €
Balance sheet
Equity	2 M €	+11.6%	1,8 M €	-15.9%	2,1 M €	-21.0%	2,7 M €	-40.7%	4,5 M €	-4.3%	4,8 M €	-1.6%	4,8 M €	+4.2%	4,6 M €	-1.6%	4,7 M €	+0.2%	4,7 M €	+4.4%	4,5 M €	-0.2%	4,5 M €	+0.3%	4,5 M €	-7.3%	4,9 M €	+3.8%	4,7 M €	+5.9%	4,4 M €	+8.6%	4,1 M €	+4.3%	3,9 M €	+27.2%	3,1 M €
Total assets	7,8 M €	+0.9%	7,7 M €	-0.1%	7,8 M €	-3.1%	8 M €	-5.6%	8,5 M €	+3.2%	8,2 M €	+39.2%	5,9 M €	+7.8%	5,5 M €	-1.8%	5,6 M €	+0.9%	5,5 M €	-0.8%	5,6 M €	+1.0%	5,5 M €	-3.1%	5,7 M €	-5.4%	6 M €	+3.8%	5,8 M €	+1.0%	5,7 M €	+3.0%	5,6 M €	+2.4%	5,4 M €	+15.3%	4,7 M €
Cash	202,3 k €	+12.7%	179,5 k €	+738%	21,4 k €	-95.2%	442,9 k €	-60.9%	1,1 M €	+36.4%	829,9 k €	-39.6%	1,4 M €	+38.1%	995,5 k €	-17.0%	1,2 M €	-7.5%	1,3 M €	+16.0%	1,1 M €	-17.2%	1,3 M €	-28.1%	1,9 M €	-17.5%	2,3 M €	+6.7%	2,1 M €	+96.4%	1,1 M €	+53.6%	706,5 k €	-34.2%	1,1 M €	+29.6%	829,1 k €
Debts	4,6 M €	-4.0%	4,8 M €	+3.4%	4,7 M €	+3.9%	4,5 M €	+14.5%	3,9 M €	+13.2%	3,5 M €	+223%	1,1 M €	+27.4%	841,6 k €	-2.6%	864 k €	+15.9%	745,4 k €	-15.5%	882,1 k €	-10.4%	985 k €	-10.6%	1,1 M €	+5.1%	1 M €	+5.9%	990 k €	-22.8%	1,3 M €	-6.5%	1,4 M €	-4.3%	1,4 M €	-9.2%	1,6 M €
Other
Workforce	24,3 ETP	+0.8%	24,1 ETP	-2.4%	24,7 ETP	-8.9%	27,1 ETP	+55.7%	17,4 ETP	+20.8%	14,4 ETP	+5.1%	13,7 ETP	+3.8%	13,2 ETP	+6.5%	12,4 ETP	+3.3%	12,0 ETP	-4.8%	12,6 ETP	+9.6%	11,5 ETP	+0.9%	11,4 ETP	-1.7%	11,6 ETP	-17.1%	14,0 ETP	-3.4%	14,5 ETP	-26.8%	19,8 ETP	+10.6%	17,9 ETP	-1.6%	18,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 20 ended

Active mandates

Eva Vermeeren

Director · since 27 novembre 2023 · until 27 novembre 2029

Active

Filip Versmissen

Director · since 27 novembre 2023 · until 27 novembre 2029

Active

Frans Vermeeren

Director · since 27 novembre 2023 · until 27 novembre 2029

Active

Goedele Vermeeren

Managing director · since 27 novembre 2023 · until 27 novembre 2029

Active

Rachel Bens

Director · since 27 novembre 2023 · until 27 novembre 2029

Active

Ended mandates

Eva Vermeeren

Director · since 18 juin 2019

Ended

Filip Versmissen

Director · since 18 juin 2019

Ended

Frans Vermeeren

Director · since 18 juin 2019

Ended

Goedele Vermeeren

Managing director · since 18 juin 2019

Ended

At this address

Other companies at this address

Company	CBE no.
DE EIKEN BOOM● Active	0417.254.804

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	27/07/2026	20/10/2025	12/11/2024	22/12/2023	27/10/2022	20/08/2021
General meeting	30/06/2026	15/10/2025	31/10/2024	13/12/2023	18/06/2022	02/08/2021
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
Abridged model	31/12/2025	30/06/2026	27/07/2026	Dutch	PDF
Abridged model	31/12/2024	15/10/2025	20/10/2025	Dutch	PDF
Abridged model	31/12/2023	31/10/2024	12/11/2024	Dutch	PDF
Abridged model	31/12/2022	13/12/2023	22/12/2023	Dutch	PDF
Abridged model	31/12/2021	18/06/2022	27/10/2022	Dutch	PDF
Abridged model	31/12/2020	02/08/2021	20/08/2021	Dutch	PDF
Abridged model	31/12/2019	10/09/2020	29/09/2020	Dutch	PDF
Abridged model	31/12/2018	18/06/2019	15/07/2019	Dutch	PDF
Abridged model	31/12/2017	18/06/2018	11/07/2018	Dutch	PDF
Abridged model	31/12/2016	19/06/2017	31/07/2017	Dutch	PDF
Abridged model	31/12/2015	18/06/2016	06/07/2016	Dutch	PDF
Abridged model	31/12/2014	18/06/2015	10/07/2015	Dutch	PDF
Abridged model	31/12/2013	18/06/2014	14/07/2014	Dutch	PDF
Abridged model	31/12/2012	18/06/2013	05/07/2013	Dutch	PDF
Abridged model	31/12/2011	18/06/2012	19/06/2012	Dutch	PDF
Abridged model	31/12/2010	18/06/2011	28/06/2011	Dutch	PDF
Abridged model	31/12/2009	18/06/2010	21/06/2010	Dutch	PDF
Abridged model	31/12/2008	18/06/2009	19/06/2009	Dutch	PDF
Abridged model	31/12/2007	18/06/2008	26/06/2008	Dutch	PDF
Abridged model	31/12/2006	18/06/2007	27/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 5 active · 20 ended

Active mandates

Eva Vermeeren

Director · since 27 novembre 2023 · until 27 novembre 2029

Active

Filip Versmissen

Director · since 27 novembre 2023 · until 27 novembre 2029

Active

Frans Vermeeren

Director · since 27 novembre 2023 · until 27 novembre 2029

Active

Goedele Vermeeren

Managing director · since 27 novembre 2023 · until 27 novembre 2029

Active

Rachel Bens

Director · since 27 novembre 2023 · until 27 novembre 2029

Active

Ended mandates

Eva Vermeeren

Director · since 18 juin 2019

Ended

Filip Versmissen

Director · since 18 juin 2019

Ended

Frans Vermeeren

Director · since 18 juin 2019

Ended

Goedele Vermeeren

Managing director · since 18 juin 2019

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/08/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/09/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/11/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/02/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/07/2009
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares03/10/2008
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates01/07/2003
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 2025207,6 k €↑
2024
Annual accounts 2024-339,1 k €↑
2023
Annual accounts 2023-565,4 k €↑
2022
Annual accounts 2022-1,9 M €↓
2021
Annual accounts 2021-119,6 k €↓
2019
Annual accounts 2019-77,1 k €↓
2018
Annual accounts 2018195,5 k €↑
2017
Annual accounts 2017-75,2 k €↓
2016
Annual accounts 20168,5 k €↓
2015
Annual accounts 2015196,3 k €↑
2014
Annual accounts 2014-7,3 k €↓
2013
Annual accounts 201314 k €↑
2012
Annual accounts 2012-355,5 k €↓
2011
Annual accounts 2011196,8 k €↓
2010
Annual accounts 2010307,9 k €↓
2009
Annual accounts 2009381,6 k €↓
2008
Annual accounts 2008497,8 k €↓
2007
Annual accounts 2007814,5 k €↑
2006
Annual accounts 2006138,4 k €
27/03/1985
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

Master Meubel

Overview

What does Master Meubel do?

Trend over 19 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