ACTIVE

DEPOORTERE

Financial year 2025 · closed on 31/08/2025
Net result
5 M €
-14.0% YoY
Revenue
57,1 M €
+20.8% YoY
Equity
20 M €
-23.0% YoY
Workforce
89,4 ETP
+11.2% YoY

What does DEPOORTERE do?

DEPOORTERE is a Public limited company incorporated in 1987. Its main activity is: Manufacture of agricultural and forestry machinery. Its registered office is in Waregem. It employs on average 89,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0431.339.402
Incorporation
11/06/1987
Legal form
Public limited company
Registered office
Kortrijkseweg 105
8791 Waregem · FlandreSee on map
Contributed capital
4 816 802,87 €
Latest accounts
31/08/2025
Average workforce
89,4 ETP
Joint committees (3)
  • 111
  • 11101
  • 209
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222019201820172016201520142013201220112010200920082007
Income statement
Revenue57,1 M €47,3 M €40,6 M €30 M €29,4 M €24,6 M €23,6 M €22,1 M €16,5 M €15,9 M €25,4 M €12 M €24,6 M €10,8 M €12,7 M €8,1 M €8,1 M €
EBITDA8,2 M €8,3 M €8,4 M €3,8 M €5,6 M €6 M €6 M €4,1 M €2,1 M €2,6 M €4,7 M €1,8 M €5,7 M €1,6 M €1,3 M €689,3 k €686 k €
Operating result6,6 M €7,5 M €7,9 M €3,3 M €5 M €5,4 M €5,4 M €3,4 M €1,6 M €2,1 M €4,2 M €1,5 M €5,4 M €1,3 M €896,6 k €296,9 k €469 k €
Net result5 M €5,8 M €6 M €2,5 M €3,7 M €3,7 M €3,9 M €2,4 M €1,2 M €1,3 M €2,8 M €996,7 k €3,7 M €875,1 k €567,5 k €183,3 k €355,4 k €
Balance sheet
Equity20 M €26 M €16,1 M €14,2 M €8,9 M €12,7 M €9 M €5,5 M €3,3 M €2,3 M €3,3 M €3,3 M €3,3 M €2,6 M €2,6 M €2,5 M €2,4 M €
Total assets55 M €57,9 M €46,5 M €36,2 M €32,7 M €21,4 M €18,9 M €13,8 M €13 M €9,5 M €10,5 M €12,3 M €11,3 M €8,8 M €7,4 M €7,4 M €6,1 M €
Cash2 M €3,8 M €3,2 M €10,3 M €11 M €6,7 M €7,3 M €2,2 M €3,2 M €1,2 M €1,1 M €2,9 M €4,5 M €2,5 M €477,4 k €565,1 k €395,3 k €
Debts33,8 M €30,9 M €29,7 M €21,4 M €23 M €8 M €9,3 M €7,7 M €9,1 M €7,1 M €6,3 M €8,5 M €6,2 M €5,3 M €3,8 M €4,3 M €3,2 M €
Other
Workforce89,4 ETP80,4 ETP70,0 ETP59,0 ETP47,4 ETP45,5 ETP44,0 ETP37,2 ETP34,5 ETP35,0 ETP33,8 ETP35,2 ETP35,5 ETP36,2 ETP36,6 ETP34,9 ETP34,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/08/2025 · 5 active · 30 ended

Active mandates

VLASTGOED

Director · since 20 août 2025 · until 20 décembre 2031 · 0713.882.881

Represented by Yves Thiers

Active
CREOPZ

Director · since 18 juillet 2024 · until 20 décembre 2031 · 0771.557.794

Represented by Nico Wolfcarius

Active
Artheles

Director · since 02 mars 2024 · until 20 décembre 2031 · 0735.851.403

Represented by Claude Lesage

Active
DEPOORTERE ENGINEERING

Managing director · since 02 mars 2024 · until 20 décembre 2031 · 0822.355.904

Represented by Rik Depoortere

Active
DEPOORTERE INTERNATIONAL

Director · since 02 mars 2024 · until 20 août 2025 · 0713.882.980

Represented by Marc De Backer

Active

Ended mandates

CREOPZ

Director · since 18 juillet 2024 · until 20 décembre 2030 · 0771.557.794

Represented by Wolcarius NICO

Ended
Artheles

Director · since 02 mars 2024 · until 20 décembre 2030 · 0735.851.403

Represented by Lesage CLAUDE

Ended
DEPOORTERE ENGINEERING

Managing director · since 02 mars 2024 · until 20 décembre 2030 · 0822.355.904

Represented by Rik Depoortere

Ended
DEPOORTERE INTERNATIONAL

Director · since 02 mars 2024 · until 20 décembre 2030 · 0713.882.980

Represented by Marc De Backer

Ended
At this address

Other companies at this address

CompanyCBE no.
1041.536.807
DVVM GROEPActive
0729.936.183
M.M.G.Active
0426.024.394
VlamalinActive
0405.205.919
VLASTGOEDActive
0713.882.881
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/09/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year31/08/202531/08/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months11 months12 months12 months12 months12 months
Filing date26/03/202621/03/202513/03/202427/04/202317/03/202230/04/2021
General meeting27/02/202621/02/202502/03/202431/03/202305/03/202231/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/08/202527/02/202626/03/2026DutchPDF
Full model31/08/202421/02/202521/03/2025DutchPDF
Full model30/09/202302/03/202413/03/2024DutchPDF
Full model30/09/202231/03/202327/04/2023DutchPDF
Full model30/09/202105/03/202217/03/2022DutchPDF
Full model30/09/202031/03/202130/04/2021DutchPDF
Full model30/09/201912/05/202015/05/2020DutchPDF
Full model30/09/201830/03/201930/04/2019DutchPDF
Full model30/09/201731/03/201809/04/2018DutchPDF
Full model30/09/201631/03/201724/04/2017DutchPDF
Full model30/09/201529/03/201630/03/2016DutchPDF
Full model30/09/201428/03/201530/03/2015DutchPDF
Full model30/09/201328/04/201429/04/2014DutchPDF
Full model30/09/201230/04/201330/04/2013DutchPDF
Full model30/09/201117/03/201217/04/2012DutchPDF
Full model30/09/201005/03/201127/04/2011DutchPDF
Full model30/09/200906/03/201027/04/2010DutchPDF
Full model30/09/200807/03/200902/04/2009DutchPDF
Full model30/09/200701/03/200827/03/2008DutchPDF
Full model30/09/200603/03/200729/03/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 31/08/2025 · 5 active · 30 ended

Active mandates

VLASTGOED

Director · since 20 août 2025 · until 20 décembre 2031 · 0713.882.881

Represented by Yves Thiers

Active
CREOPZ

Director · since 18 juillet 2024 · until 20 décembre 2031 · 0771.557.794

Represented by Nico Wolfcarius

Active
Artheles

Director · since 02 mars 2024 · until 20 décembre 2031 · 0735.851.403

Represented by Claude Lesage

Active
DEPOORTERE ENGINEERING

Managing director · since 02 mars 2024 · until 20 décembre 2031 · 0822.355.904

Represented by Rik Depoortere

Active
DEPOORTERE INTERNATIONAL

Director · since 02 mars 2024 · until 20 août 2025 · 0713.882.980

Represented by Marc De Backer

Active

Ended mandates

CREOPZ

Director · since 18 juillet 2024 · until 20 décembre 2030 · 0771.557.794

Represented by Wolcarius NICO

Ended
Artheles

Director · since 02 mars 2024 · until 20 décembre 2030 · 0735.851.403

Represented by Lesage CLAUDE

Ended
DEPOORTERE ENGINEERING

Managing director · since 02 mars 2024 · until 20 décembre 2030 · 0822.355.904

Represented by Rik Depoortere

Ended
DEPOORTERE INTERNATIONAL

Director · since 02 mars 2024 · until 20 décembre 2030 · 0713.882.980

Represented by Marc De Backer

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/03/2025
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Restructuring28/05/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates07/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/05/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/03/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/01/2019
    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

Timeline

  1. 27/02/2026
    reconductionVLASTGOED BV — bestuurder
  2. 27/02/2026
    reconductionArtheles BV — bestuurder
  3. 27/02/2026
    reconductionCREOPZ BV — bestuurder
  4. 27/02/2026
    reconductionDEPOORTERE ENGINEERING BV — bestuurder
  5. 27/02/2026
    nominationVLASTGOED BV — gedelegeerd bestuurder
  6. 2025
    Annual accounts 20255 M €
  7. 20/08/2025
    nominationVLASTGOED BV — bestuurder
  8. 20/08/2025
    nominationYves Thiers — vaste vertegenwoordiger
  9. 2024
    Annual accounts 20245,8 M €
  10. 02/03/2024
    reconductionArtheles BV — gedelegeerd bestuurder
  11. 02/03/2024
    reconductionClaude Lesage — vaste vertegenwoordiger van bestuurder BV Artheles
  12. 02/03/2024
    reconductionDepoortere Rik — vaste vertegenwoordiger van bestuurder BV Depoortere Engineering / gedelegeerd bestuurder
  13. 02/03/2024
    reconductionDe Backer Marc — vaste vertegenwoordiger van bestuurder NV Depoortere International
  14. 02/03/2024
    nominationBart Roobrouck — commissaris (vertegenwoordiger van Vander Donckt - Roobrouck - Christiaens CVBA)
  15. 01/10/2023
    augmentation_capitalAGRI ALLIANCE
  16. 30/09/2023
    apport
  17. 2023
    Annual accounts 20236 M €
  18. 2022
    Annual accounts 20222,5 M €
  19. 2019
    Annual accounts 20193,7 M €
  20. 2018
    Annual accounts 20183,7 M €
  21. 2017
    Annual accounts 20173,9 M €
  22. 2016
    Annual accounts 20162,4 M €
  23. 2015
    Annual accounts 20151,2 M €
  24. 2014
    Annual accounts 20141,3 M €
  25. 2013
    Annual accounts 20132,8 M €
  26. 2012
    Annual accounts 2012996,7 k €
  27. 2011
    Annual accounts 20113,7 M €
  28. 2010
    Annual accounts 2010875,1 k €
  29. 2009
    Annual accounts 2009567,5 k €
  30. 2008
    Annual accounts 2008183,3 k €
  31. 2007
    Annual accounts 2007355,4 k €
  32. 11/06/1987
    IncorporationPublic limited company