ACTIVE

ENVELBAG

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Financial year 2025 · closed on 31/12/2025

Net result

69,9 k €

+536.2% YoY

Gross margin

175,5 k €

+23.3% YoY

Equity

457,4 k €

+18.0% YoY

Workforce

1,0 ETP

-16.7% YoY

What does ENVELBAG do?

ENVELBAG is a Public limited company incorporated in 1987. Its main activity is: Other printing. Its registered office is in Berlare. It employs on average 1,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0431.217.755

Incorporation

15/05/1987

Legal form

Public limited company

Registered office

Broekstraat(O) 108
9290 Berlare · FlandreSee on map

Contributed capital

450 000,00 €

Latest accounts

31/12/2025

Average workforce

1,0 ETP

Activities (NACE)

18120Other printing· main 18120Other printing 46769Wholesale of other intermediate products 46869Wholesale trade, except of motor vehicles and motorcycles 51562Air transport

Joint committees (4)

Contacts

4 public details availableLog in to view

Signals

ProfitableSolid equityLow 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 18 financial years

	2025		2024		2023		2022		2021		2020		2018		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	175,5 k €	+23.3%	142,3 k €	-45.9%	262,9 k €	-49.0%	515,9 k €	+7.7%	479 k €	+6.3%	450,6 k €	-28.6%	630,9 k €	+676%	81,3 k €	+3742%	-2,2 k €	+40.2%	-3,7 k €	+69.0%	-12 k €	-114%	84,4 k €	+21.0%	69,7 k €	+22.3%	57 k €	+6.1%	53,7 k €	-4.8%	56,4 k €	-30.7%	81,5 k €	+46.5%	55,6 k €
EBITDA	121,2 k €	+83.1%	66,2 k €	-29.4%	93,7 k €	-62.9%	252,9 k €	+35.6%	186,4 k €	+69.6%	109,9 k €	+18.0%	93,1 k €	+17.7%	79,1 k €	+2815%	-2,9 k €	+32.7%	-4,3 k €	+67.4%	-13,3 k €	-151%	26,2 k €	+43.4%	18,3 k €	+870%	1,9 k €	+206%	-1,8 k €	-168%	2,6 k €	-90.1%	26,6 k €	+140%	11,1 k €
Operating result	85 k €	+346%	19 k €	-23.2%	24,8 k €	-84.5%	159,8 k €	+151%	63,6 k €	+402%	-21 k €	+61.8%	-55 k €	-235%	40,8 k €	+1499%	-2,9 k €	+57.9%	-6,9 k €	+68.6%	-22 k €	-240%	15,7 k €	+184%	5,5 k €	+146%	-12 k €	-1.8%	-11,8 k €	-1668%	751,7 €	-96.7%	22,5 k €	+239%	6,7 k €
Net result	69,9 k €	+536%	11 k €	-39.5%	18,2 k €	-87.8%	148,2 k €	+177%	53,5 k €	+208%	-49,5 k €	+34.4%	-75,5 k €	-866%	9,9 k €	+1082%	833,9 €	-58.7%	2 k €	+109%	-22,2 k €	-963%	2,6 k €	-49.3%	5,1 k €	+143%	-11,7 k €	+3.0%	-12 k €	-336%	5,1 k €	-75.6%	20,9 k €	+592%	3 k €
Balance sheet
Equity	457,4 k €	+18.0%	387,5 k €	+2.9%	376,5 k €	+5.1%	358,4 k €	+70.5%	210,2 k €	+34.1%	156,7 k €	-56.1%	356,7 k €	+467%	62,9 k €	+18.6%	53,1 k €	+1.6%	52,2 k €	+4.0%	50,2 k €	-30.6%	72,4 k €	+3.7%	69,8 k €	+7.8%	64,7 k €	-15.3%	76,4 k €	-13.6%	88,4 k €	+6.1%	83,3 k €	+15.0%	72,4 k €
Total assets	782,5 k €	-11.7%	886,4 k €	-27.6%	1,2 M €	+39.5%	877,5 k €	+11.5%	787 k €	-0.4%	790,2 k €	-31.8%	1,2 M €	-16.7%	1,4 M €	+2518%	53,1 k €	+1.6%	52,2 k €	-51.7%	108,2 k €	-43.6%	191,8 k €	-34.3%	291,9 k €	+6.1%	275,1 k €	-28.0%	382,3 k €	+7.0%	357,1 k €	+26.0%	283,5 k €	-15.9%	337,2 k €
Cash	143,6 k €	+93.5%	74,2 k €	-16.8%	89,2 k €	+463%	15,8 k €	-37.9%	25,5 k €	-81.0%	134,4 k €	+56.0%	86,2 k €	+36.4%	63,2 k €	+4717%	1,3 k €	-69.6%	4,3 k €	+495%	725,2 €	-87.4%	5,8 k €	+121%	2,6 k €	-66.6%	7,8 k €	-48.1%	15 k €	+7.9%	13,9 k €	-60.1%	35 k €	+9.8%	31,8 k €
Debts	324,1 k €	-32.8%	482,5 k €	-39.1%	792,7 k €	+66.8%	475,2 k €	-17.0%	572,5 k €	-9.5%	632,8 k €	-20.7%	798 k €	-39.8%	1,3 M €		–		–		58 k €	-51.4%	119,4 k €	-46.2%	222 k €	+5.6%	210,3 k €	-31.1%	305,2 k €	+13.7%	268,5 k €	+34.6%	199,6 k €	-24.6%	264,8 k €
Other
Workforce	1,0 ETP	-16.7%	1,2 ETP	-57.1%	2,8 ETP	-44.0%	5,0 ETP	-18.0%	6,1 ETP	-7.6%	6,6 ETP	-33.3%	9,9 ETP		–		–		–		–		1,0 ETP	0.0%	1,0 ETP	-9.1%	1,1 ETP	-8.3%	1,2 ETP	0.0%	1,2 ETP	0.0%	1,2 ETP	0.0%	1,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 39 ended

Active mandates

Envelman

Mandate · 0802.051.725

Active

Ended mandates

COVADA

Managing director · since 23 mars 2017 · until 20 mai 2023 · 0890.850.968

Represented by Koen Van Daele

Ended

COVADA

Managing director · since 23 mars 2017 · until 20 mai 2023 · 0890.850.968

Represented by Koen Van Daele

Ended

Drukkerij Van Daele NV

Managing director · since 23 mars 2017 · until 20 mai 2017 · 0434.670.262

Represented by Koen Van Daele

Ended

Drukkerij Van Daele NV

Managing director · since 23 mars 2017 · until 01 mars 2018 · 0434.670.262

Represented by Koen Van Daele

Ended

At this address

Other companies at this address

Company	CBE no.
Envelman● Active	0802.051.725

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	31/08/2026	21/05/2025	22/05/2024	04/07/2023	21/05/2022	22/05/2021
General meeting	31/07/2026	20/05/2025	21/05/2024	20/05/2023	20/05/2022	20/05/2021
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

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	31/07/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	20/05/2025	21/05/2025	Dutch	PDF
Abridged model	31/12/2023	21/05/2024	22/05/2024	Dutch	PDF
Abridged modelCorrection	31/12/2022	20/05/2023	04/07/2023	Dutch	PDF
Abridged model	31/12/2022	20/05/2023	23/05/2023	Dutch	PDF
Abridged model	31/12/2021	20/05/2022	21/05/2022	Dutch	PDF
Abridged model	31/12/2020	20/05/2021	22/05/2021	Dutch	PDF
Abridged model	31/12/2019	20/05/2020	18/06/2020	Dutch	PDF
Abridged model	31/12/2018	20/05/2019	18/06/2019	Dutch	PDF
Abridged model	31/12/2017	11/06/2018	10/07/2018	Dutch	PDF
Abridged model	31/12/2016	17/06/2017	06/07/2017	Dutch	PDF
Abridged model	31/12/2015	20/05/2016	27/06/2016	Dutch	PDF
Abridged model	31/12/2014	22/06/2015	17/07/2015	Dutch	PDF
Abridged model	31/12/2013	16/06/2014	26/06/2014	Dutch	PDF
Abridged model	31/12/2012	21/05/2013	18/06/2013	Dutch	PDF
Abridged model	31/12/2011	20/05/2012	15/06/2012	Dutch	PDF
Abridged model	31/12/2010	20/05/2011	06/06/2011	Dutch	PDF
Abridged model	31/12/2009	20/05/2010	14/06/2010	Dutch	PDF
Abridged model	31/12/2008	20/05/2009	18/06/2009	Dutch	PDF
Abridged model	31/12/2007	20/05/2008	18/06/2008	Dutch	PDF
Abridged model	31/12/2006	26/05/2007	25/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 1 active · 39 ended

Active mandates

Envelman

Mandate · 0802.051.725

Active

Ended mandates

COVADA

Managing director · since 23 mars 2017 · until 20 mai 2023 · 0890.850.968

Represented by Koen Van Daele

Ended

COVADA

Managing director · since 23 mars 2017 · until 20 mai 2023 · 0890.850.968

Represented by Koen Van Daele

Ended

Drukkerij Van Daele NV

Managing director · since 23 mars 2017 · until 20 mai 2017 · 0434.670.262

Represented by Koen Van Daele

Ended

Drukkerij Van Daele NV

Managing director · since 23 mars 2017 · until 01 mars 2018 · 0434.670.262

Represented by Koen Van Daele

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/10/2025
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Registered office27/07/2021
MAATSCHAPPELIJKE ZETEL
PDF
Mandates26/10/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/04/2017
DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/02/2013
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/09/2011
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates23/06/2011
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 202569,9 k €↑
2024
Annual accounts 202411 k €↓
2023
Annual accounts 202318,2 k €↓
2022
Annual accounts 2022148,2 k €↑
2021
Annual accounts 202153,5 k €↑
2020
Annual accounts 2020-49,5 k €↑
2018
Annual accounts 2018-75,5 k €↓
2016
Annual accounts 20169,9 k €↑
2015
Annual accounts 2015833,9 €↓
2014
Annual accounts 20142 k €↑
2013
Annual accounts 2013-22,2 k €↓
2012
Annual accounts 20122,6 k €↓
2011
Annual accounts 20115,1 k €↑
2010
Annual accounts 2010-11,7 k €↑
2009
Annual accounts 2009-12 k €↓
2008
Annual accounts 20085,1 k €↓
2007
Annual accounts 200720,9 k €↑
2006
Annual accounts 20063 k €
15/05/1987
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

ENVELBAG

Overview

What does ENVELBAG 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