ACTIVE

ZETELFABRIEK DEMUYNCK

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Financial year 2025 · Closed on 31/12/2025

Net result13,3 k €-92,7 %over 1 year
Gross margin1,7 M €-8,0 %over 1 year
Equity1,8 M €+0,8 %over 1 year
Workforce29,1 ETP+2,1 %over 1 year

Identity

Source · BCE/KBO

ZETELFABRIEK DEMUYNCK is a Public limited company incorporated in 1987. Its main activity is: Manufacture of furniture. Its registered office is in Wevelgem. It employs on average 29,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0432.829.440
Incorporation
17/12/1987
Legal form
Public limited company
Registered office
Kouterstraat 18
8560 Wevelgem · FlandreSee on map
Contributed capital
482 192,90 €
Latest accounts
31/12/2025
Average workforce
29,1 ETP
Joint committees (2)
  • 126
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 22 filings

Trend over 6 financial years

20252024202320222021
Income statement
Gross margin1,7 M €1,9 M €1,7 M €1,7 M €1,7 M €
EBITDA103,2 k €261,8 k €177,4 k €94,1 k €213,1 k €
Operating result24,8 k €209,5 k €131,3 k €43,2 k €133,8 k €
Net result13,3 k €182,5 k €92,1 k €14,2 k €90 k €
Balance sheet
Equity1,8 M €1,7 M €1,6 M €1,5 M €1,4 M €
Total assets2,3 M €2,2 M €2 M €2,1 M €1,8 M €
Cash637,1 k €787,1 k €489,2 k €178 k €180,6 k €
Debts502,8 k €433,7 k €467,6 k €644 k €351,7 k €
Other
Workforce29,1 ETP28,5 ETP28,8 ETP33,4 ETP34,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Thierry Demuynck
Directorsince 23/12/2005Managing director11/06/2011 → 2020 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
IMMO - DEMUYNCK0432.847.751Represented by Demuynck CHRISTIAN
Director30/06/2017 → 2021 accounts
Francine Tremmery
Director11/06/2011 → 2012 accounts

Full financial information

Source · NBB
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 date31/07/202626/09/202517/06/202431/07/202329/07/202206/05/2021
General meeting30/06/202619/09/202508/06/202429/06/202327/06/202205/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 22 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202631/07/2026DutchPDF
Abridged modelCorrection31/12/202419/09/202526/09/2025DutchPDF
Abridged model31/12/202405/05/202515/05/2025DutchPDF
Abridged model31/12/202308/06/202417/06/2024DutchPDF
Abridged model31/12/202229/06/202331/07/2023DutchPDF
Abridged model31/12/202127/06/202229/07/2022DutchPDF
Abridged model31/12/202005/05/202106/05/2021DutchPDF
Abridged model31/12/201908/04/202015/04/2020DutchPDF
Abridged model31/12/201808/06/201925/06/2019DutchPDF
Abridged model31/12/201723/03/201823/03/2018DutchPDF
Abridged model31/12/201630/06/201720/07/2017DutchPDF
Abridged model31/12/201502/04/201613/04/2016DutchPDF
Abridged model31/12/201425/07/201519/08/2015DutchPDF
Abridged model31/12/201326/07/201425/08/2014DutchPDF
Abridged model31/12/201227/06/201328/08/2013DutchPDF
Abridged model31/12/201128/08/201231/08/2012DutchPDF
Abridged model31/12/201011/06/201130/08/2011DutchPDF
Abridged model31/12/200926/08/201031/08/2010DutchPDF
Abridged model30/06/200921/12/200922/01/2010DutchPDF
Abridged model30/06/200819/02/200924/02/2009DutchPDF
Abridged model30/06/200708/01/200829/01/2008DutchPDF
Abridged model30/06/200616/02/200727/02/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Thierry Demuynck
Directorsince 23/12/2005Managing director11/06/2011 → 2020 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
IMMO - DEMUYNCK0432.847.751Represented by Demuynck CHRISTIAN
Director30/06/2017 → 2021 accounts
Francine Tremmery
Director11/06/2011 → 2012 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates06/12/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/09/2017
    Herbenoeming (gedelegeerd) bestuurder(s)
    PDF
  • Mandates19/11/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring07/09/2011
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates01/09/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring09/06/2011
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Capital / shares07/01/2010
    KAPITAAL - AANDELEN - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates12/06/2008
    ONTSLAG EN BENOEMING
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings6 filings
Mandates
Thierry Demuynck
IMMO - DEMUYNCK
Francine Tremmery
Christian Demuynck
1987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
ZETELFABRIEK DEMUYNCK
Kouterstraat 18, 8560 Wevelgem
DirectorManaging director
Director
DirectorManaging director
Managing director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Kouterstraat 18, 8560 WevelgemCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00367265

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
ZETELFABRIEK DEMUYNCKCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00367265

Events

  1. 2025
    Annual accounts 202513,3 k €↓
  2. 2024
    Annual accounts 2024182,5 k €↑
  3. 2023
    Annual accounts 202392,1 k €↑
  4. 2022
    Annual accounts 202214,2 k €↓
  5. 2021
    Annual accounts 202190 k €↓
  6. 2007
    Annual accounts 2007175,9 k €
  7. 17/12/1987
    IncorporationPublic limited company