ACTIVE

HOUTBEWERKING DANNY MASSCHELEIN

Export PDF

Financial year 2024 · Closed on 31/12/2024

Net result612,6 k €-12,4 %over 1 year
Gross margin1,6 M €-4,5 %over 1 year
Equity3,4 M €+22,0 %over 1 year
Workforce9,8 ETP+15,3 %over 1 year

Identity

Source · BCE/KBO

HOUTBEWERKING DANNY MASSCHELEIN is a Private limited company incorporated in 1986. Its main activity is: Manufacture of furniture. Its registered office is in Wingene. It employs on average 9,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0429.666.349
Incorporation
31/10/1986
Legal form
Private limited company
Registered office
Flandria 22
8750 Wingene · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
31/12/2024
Average workforce
9,8 ETP
Joint committees (3)
  • 126
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 18 filings

Trend over 12 financial years

20242023202220212013
Income statement
Gross margin1,6 M €1,7 M €1,2 M €937,8 k €484,8 k €
EBITDA972,1 k €1,1 M €661,9 k €432,1 k €254 k €
Operating result806,2 k €905 k €502,8 k €271,6 k €120,4 k €
Net result612,6 k €699,3 k €370,7 k €199,8 k €89,3 k €
Balance sheet
Equity3,4 M €2,8 M €2,1 M €1,7 M €407,3 k €
Total assets4,1 M €3,4 M €2,9 M €2,5 M €955 k €
Cash1,3 M €1,5 M €829,6 k €975,7 k €485,5 k €
Debts683,2 k €599,6 k €749,4 k €714,4 k €543,1 k €
Other
Workforce9,8 ETP8,5 ETP8,5 ETP8,5 ETP5,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 5 ended

Active mandates

Jürgen Masschelein

Director · since 31 mars 2009

Active
Daniël Masschelein

Director · since 31 octobre 1986

Active

Ended mandates

Jürgen Masschelein

Manager · since 31 mars 2009

Ended
Daniel Masschelein

Manager · since 31 octobre 1986

Ended
DANIEL MASSCHELEIN

Administrator - manager

Ended
DANIEL MASSCHELEIN

Manager

Ended

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202431/12/202231/12/202131/12/202031/12/201931/12/2018
Closing of the financial year31/12/202431/12/202330/12/202230/12/202130/12/202030/12/2019
Length of the financial year12 months13 months13 months13 months13 months13 months
Filing date28/08/202530/08/202431/08/202318/05/202204/06/202124/06/2020
General meeting26/08/202529/08/202410/07/202314/05/202219/05/202119/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 18 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202426/08/202528/08/2025DutchPDF
Abridged model31/12/202329/08/202430/08/2024DutchPDF
Abridged model30/12/202210/07/202331/08/2023DutchPDF
Abridged model30/12/202114/05/202218/05/2022DutchPDF
Abridged model30/12/202019/05/202104/06/2021DutchPDF
Abridged model30/12/201919/06/202024/06/2020DutchPDF
Abridged model30/12/201828/05/201928/06/2019DutchPDF
Abridged model30/12/201727/05/201825/06/2018DutchPDF
Abridged model30/12/201627/05/201727/06/2017DutchPDF
Abridged model31/12/201428/07/201524/08/2015DutchPDF
Abridged model31/12/201326/04/201429/08/2014DutchPDF
Abridged model31/12/201227/03/201313/08/2013DutchPDF
Abridged model31/12/201128/04/201216/08/2012DutchPDF
Abridged model31/12/201030/04/201120/07/2011DutchPDF
Abridged model31/12/200924/04/201029/06/2010DutchPDF
Abridged model31/12/200825/04/200914/08/2009DutchPDF
Abridged model31/12/200726/04/200813/08/2008DutchPDF
Abridged model31/12/200628/04/200713/07/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 5 ended

Active mandates

Jürgen Masschelein

Director · since 31 mars 2009

Active
Daniël Masschelein

Director · since 31 octobre 1986

Active

Ended mandates

Jürgen Masschelein

Manager · since 31 mars 2009

Ended
Daniel Masschelein

Manager · since 31 octobre 1986

Ended
DANIEL MASSCHELEIN

Administrator - manager

Ended
DANIEL MASSCHELEIN

Manager

Ended

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates19/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - BOEKJAAR
    PDF
  • Registered office23/12/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates31/12/2015
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates13/05/2009
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024612,6 k €↓
  2. 2023
    Annual accounts 2023699,3 k €↑
  3. 2022
    Annual accounts 2022370,7 k €↑
  4. 2021
    Annual accounts 2021199,8 k €↑
  5. 2013
    Annual accounts 201389,3 k €↑
  6. 2012
    Annual accounts 201266,7 k €↑
  7. 2011
    Annual accounts 201139,4 k €↑
  8. 2010
    Annual accounts 201023,9 k €↑
  9. 2009
    Annual accounts 200912,6 k €↑
  10. 2008
    Annual accounts 20085,1 k €↑
  11. 2007
    Annual accounts 20072,3 k €↓
  12. 2006
    Annual accounts 200622,4 k €
  13. 31/10/1986
    IncorporationPrivate limited company