ACTIVE

CLADDING

Financial year 2025 · closed on 31/12/2025
Net result
278,7 k €
-48.7% YoY
Gross margin
924,9 k €
-15.8% YoY
Equity
570,0 k €
+5.3% YoY
Workforce
10,5 ETP
+5.0% YoY

What does CLADDING do?

CLADDING is a Private limited company incorporated in 1987. Its registered office is in Peer. It employs on average 10,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0431.605.260
Incorporation
30/07/1987
Legal form
Private limited company
Registered office
Keitelweg 2119
3990 Peer · FlandreSee on map
Contributed capital
224 132,04 €
Latest accounts
31/12/2025
Average workforce
10,5 ETP
Joint committees (3)
  • 124
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin924,9 k €1,1 M €971,2 k €741,7 k €502,0 k €608,3 k €665,4 k €603,7 k €626,4 k €645,6 k €504,0 k €397,6 k €506,0 k €408,7 k €481,2 k €499,6 k €519,3 k €729,7 k €754,1 k €572,5 k €
EBITDA342,2 k €599,2 k €418,0 k €303,2 k €25,8 k €113,7 k €125,6 k €175,1 k €162,7 k €207,6 k €53,8 k €39,4 k €137,0 k €89,0 k €64,9 k €44,3 k €71,1 k €141,7 k €139,2 k €-76,7 k €
Operating result291,7 k €558,7 k €375,7 k €286,0 k €12,5 k €89,5 k €86,7 k €141,1 k €125,4 k €172,5 k €47,8 k €30,1 k €125,7 k €71,3 k €30,0 k €25,7 k €54,1 k €130,7 k €121,7 k €-105,4 k €
Net result278,7 k €542,9 k €365,3 k €276,3 k €6,1 k €76,9 k €74,6 k €122,5 k €109,4 k €168,7 k €14,3 k €20,5 k €89,9 k €68,7 k €-89,3 k €10,3 k €31,7 k €102,0 k €105,2 k €-113,5 k €
Balance sheet
Equity570,0 k €541,3 k €508,4 k €483,1 k €446,8 k €540,6 k €513,7 k €489,1 k €461,6 k €442,3 k €423,5 k €646,1 k €625,5 k €535,7 k €467,0 k €556,4 k €546,1 k €514,3 k €412,3 k €307,1 k €
Total assets1,4 M €1,4 M €1,3 M €1,4 M €858,8 k €951,9 k €918,7 k €1,2 M €985,4 k €959,8 k €776,0 k €955,0 k €965,2 k €1,2 M €1,2 M €986,0 k €951,6 k €1,3 M €1,3 M €916,3 k €
Cash393,3 k €663,2 k €416,6 k €440,5 k €352,1 k €348,2 k €249,9 k €441,8 k €358,7 k €612,1 k €397,2 k €573,9 k €441,9 k €292,9 k €330,6 k €415,7 k €262,7 k €83,4 k €59,1 k €1,8 k €
Debts794,5 k €864,2 k €788,9 k €819,8 k €399,4 k €386,3 k €396,2 k €679,9 k €514,7 k €497,9 k €321,3 k €288,8 k €327,2 k €681,2 k €726,7 k €376,7 k €392,2 k €751,9 k €706,5 k €596,6 k €
Other
Workforce10,5 ETP10,0 ETP9,8 ETP8,8 ETP10,1 ETP10,5 ETP10,6 ETP8,6 ETP11,6 ETP11,7 ETP11,2 ETP10,5 ETP11,3 ETP11,2 ETP12,5 ETP13,1 ETP12,4 ETP15,0 ETP16,1 ETP17,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 22 ended

Active mandates

PROMOS

Director · 0838.202.041

Represented by Olaf SCHROOTEN

Active

Ended mandates

Kathleen THEUWIS

Mandate · since 23 mars 2020 · until 23 mars 2026

Ended
PROMOS

Managing director · since 23 mars 2020 · until 22 mars 2026 · 0838.202.041

Represented by Olaf SCHROOTEN

Ended
Olaf SCHROOTEN

Mandate · since 26 novembre 2015 · until 26 novembre 2021

Ended
PROMOS

Mandate · since 26 novembre 2015 · until 26 novembre 2021 · 0838.202.041

Represented by Olaf SCHROOTEN

Ended
At this address

Other companies at this address

CompanyCBE no.
0695.468.026
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/06/202627/08/202507/08/202407/07/202322/06/202226/07/2021
General meeting24/04/202625/04/202526/04/202428/04/202329/04/202230/04/2021
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
Abridged model31/12/202524/04/202626/06/2026DutchPDF
Abridged model31/12/202425/04/202527/08/2025DutchPDF
Abridged model31/12/202326/04/202407/08/2024DutchPDF
Abridged model31/12/202228/04/202307/07/2023DutchPDF
Abridged model31/12/202129/04/202222/06/2022DutchPDF
Abridged model31/12/202030/04/202126/07/2021DutchPDF
Abridged model31/12/201924/04/202013/08/2020DutchPDF
Abridged model31/12/201826/04/201924/05/2019DutchPDF
Abridged model31/12/201727/04/201816/06/2018DutchPDF
Abridged model31/12/201628/04/201720/06/2017DutchPDF
Abridged model31/12/201529/04/201624/06/2016DutchPDF
Abridged model31/12/201424/04/201529/07/2015DutchPDF
Abridged model31/12/201325/04/201404/07/2014DutchPDF
Abridged model31/12/201226/04/201330/07/2013DutchPDF
Abridged model31/12/201127/04/201226/07/2012DutchPDF
Abridged model31/12/201029/04/201129/07/2011DutchPDF
Abridged model31/12/200930/04/201017/08/2010DutchPDF
Abridged model31/12/200824/04/200930/07/2009DutchPDF
Abridged model31/12/200725/04/200829/07/2008DutchPDF
Abridged model31/12/200627/04/200731/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 1 active · 22 ended

Active mandates

PROMOS

Director · 0838.202.041

Represented by Olaf SCHROOTEN

Active

Ended mandates

Kathleen THEUWIS

Mandate · since 23 mars 2020 · until 23 mars 2026

Ended
PROMOS

Managing director · since 23 mars 2020 · until 22 mars 2026 · 0838.202.041

Represented by Olaf SCHROOTEN

Ended
Olaf SCHROOTEN

Mandate · since 26 novembre 2015 · until 26 novembre 2021

Ended
PROMOS

Mandate · since 26 novembre 2015 · until 26 novembre 2021 · 0838.202.041

Represented by Olaf SCHROOTEN

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates02/02/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/04/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/11/2018
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/12/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares10/07/2015
    KAPITAAL - AANDELEN
    PDF
  • Mandates02/04/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/02/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares18/04/2012
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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. 2025
    Annual accounts 2025278,7 k €
  2. 2024
    Annual accounts 2024542,9 k €
  3. 2023
    Annual accounts 2023365,3 k €
  4. 2022
    Annual accounts 2022276,3 k €
  5. 2021
    Annual accounts 20216,1 k €
  6. 2020
    Annual accounts 202076,9 k €
  7. 2019
    Annual accounts 201974,6 k €
  8. 2018
    Annual accounts 2018122,5 k €
  9. 2017
    Annual accounts 2017109,4 k €
  10. 2016
    Annual accounts 2016168,7 k €
  11. 2015
    Annual accounts 201514,3 k €
  12. 2014
    Annual accounts 201420,5 k €
  13. 2013
    Annual accounts 201389,9 k €
  14. 2012
    Annual accounts 201268,7 k €
  15. 2011
    Annual accounts 2011-89,3 k €
  16. 2010
    Annual accounts 201010,3 k €
  17. 2009
    Annual accounts 200931,7 k €
  18. 2008
    Annual accounts 2008102,0 k €
  19. 2007
    Annual accounts 2007105,2 k €
  20. 2006
    Annual accounts 2006-113,5 k €
  21. 30/07/1987
    IncorporationPrivate limited company