DERMUL
0435.128.538 · rovalta.com · 22/09/2026
ACTIVE
DERMUL
Financial year 2025 · closed on 31/12/2025
Net result
397,7 k €
-52.6% YoY
Gross margin
1,4 M €
-47.0% YoY
Equity
2,8 M €
-33.9% YoY
Workforce
17,2 ETP
-12.2% YoY
Overview
What does DERMUL do?
DERMUL is a Private limited company incorporated in 1988. Its registered office is in Lokeren. It employs on average 17,2 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0435.128.538
Incorporation
31/08/1988
Legal form
Private limited company
Registered office
Moortelstraat 5
9160 Lokeren · FlandreSee on map
9160 Lokeren · FlandreSee on map
Contributed capital
19 000,00 €
Latest accounts
31/12/2025
Average workforce
17,2 ETP
Joint committees (6)
- 111
- 11121
- 126
- 20026
- 209
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 1,4 M € | -47.0% | 2,6 M € | +5.3% | 2,5 M € | +10.3% | 2,3 M € | -8.7% | 2,5 M € | -2.4% | 2,5 M € | +31.2% | 1,9 M € | +6.3% | 1,8 M € | +19.4% | 1,5 M € | +9.9% | 1,4 M € | -11.7% | 1,6 M € | +57.1% | 995,1 k € | +3.4% | 962,4 k € | -14.0% | 1,1 M € | -7.5% | 1,2 M € | -9.8% | 1,3 M € | +10.3% | 1,2 M € | -27.9% | 1,7 M € | +28.4% | 1,3 M € | +2.7% | 1,3 M € |
| EBITDA | 374,9 k € | -71.9% | 1,3 M € | +6.8% | 1,2 M € | +31.4% | 950,8 k € | -24.2% | 1,3 M € | -2.2% | 1,3 M € | +65.4% | 775,2 k € | -3.6% | 804,5 k € | +32.1% | 609,1 k € | +38.3% | 440,3 k € | -39.5% | 727,7 k € | +127% | 320,2 k € | +96.1% | 163,3 k € | -28.3% | 227,8 k € | -11.0% | 256,1 k € | -35.1% | 394,5 k € | +33.8% | 294,8 k € | -52.1% | 616 k € | +29.9% | 474,1 k € | -17.5% | 575 k € |
| Operating result | 122,2 k € | -88.9% | 1,1 M € | +5.0% | 1 M € | +37.6% | 758,8 k € | -30.2% | 1,1 M € | -2.7% | 1,1 M € | +86.7% | 598,7 k € | +0.3% | 596,7 k € | +38.5% | 430,9 k € | +63.8% | 263,1 k € | -49.8% | 524,3 k € | +244% | 152,5 k € | +1386% | -11,9 k € | -184% | 14 k € | +156% | -25,1 k € | -117% | 147,8 k € | +380% | 30,8 k € | -90.4% | 321,2 k € | +34.7% | 238,5 k € | -33.9% | 361 k € |
| Net result | 397,7 k € | -52.6% | 838,9 k € | +15.3% | 727,8 k € | +32.9% | 547,7 k € | -29.8% | 780,7 k € | -3.9% | 812,1 k € | +100% | 405,9 k € | -2.7% | 417,3 k € | +60.2% | 260,4 k € | +77.2% | 147 k € | -54.0% | 319,3 k € | +197% | 107,4 k € | +356% | -42 k € | -113% | -19,7 k € | +71.3% | -68,5 k € | -172% | 95,5 k € | +3972% | -2,5 k € | -101% | 208,9 k € | +34.1% | 155,8 k € | -31.4% | 227 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 2,8 M € | -33.9% | 4,3 M € | +12.5% | 3,8 M € | +7.0% | 3,6 M € | +10.6% | 3,2 M € | +17.0% | 2,8 M € | +27.1% | 2,2 M € | +15.2% | 1,9 M € | +18.8% | 1,6 M € | +12.4% | 1,4 M € | +7.2% | 1,3 M € | +30.2% | 1 M € | +11.9% | 905,6 k € | -5.3% | 956,5 k € | -2.2% | 977,7 k € | -6.1% | 1 M € | -0.6% | 1 M € | -9.0% | 1,2 M € | +10.3% | 1 M € | +5.5% | 989,5 k € |
| Total assets | 3,4 M € | -36.5% | 5,4 M € | +7.1% | 5 M € | +16.1% | 4,3 M € | -0.1% | 4,3 M € | +12.6% | 3,8 M € | +26.4% | 3 M € | +5.6% | 2,9 M € | +12.8% | 2,5 M € | -0.4% | 2,6 M € | +6.0% | 2,4 M € | +0.2% | 2,4 M € | -1.4% | 2,4 M € | -8.5% | 2,7 M € | -12.3% | 3 M € | +33.9% | 2,3 M € | -3.9% | 2,4 M € | -12.2% | 2,7 M € | +16.0% | 2,3 M € | +5.8% | 2,2 M € |
| Cash | 487,4 k € | +131% | 210,9 k € | -50.0% | 421,7 k € | +93.3% | 218,1 k € | +20.4% | 181,1 k € | -81.6% | 986,6 k € | +205% | 323,5 k € | +49.1% | 217 k € | +33.7% | 162,3 k € | -49.4% | 320,7 k € | -2.2% | 327,9 k € | +39.8% | 234,5 k € | +6.1% | 221 k € | +676% | 28,5 k € | -50.9% | 58 k € | -44.3% | 104,2 k € | +320% | 24,8 k € | +485% | 4,2 k € | +36.0% | 3,1 k € | -95.6% | 70,4 k € |
| Debts | 561,2 k € | -47.3% | 1,1 M € | -10.1% | 1,2 M € | +60.0% | 740,4 k € | -31.6% | 1,1 M € | +1.2% | 1,1 M € | +25.2% | 854,5 k € | -13.1% | 983,2 k € | +3.2% | 952,8 k € | -16.3% | 1,1 M € | +4.7% | 1,1 M € | -21.9% | 1,4 M € | -9.3% | 1,5 M € | -9.9% | 1,7 M € | -17.0% | 2,1 M € | +68.6% | 1,2 M € | -6.4% | 1,3 M € | -14.6% | 1,5 M € | +21.1% | 1,3 M € | +6.4% | 1,2 M € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 17,2 ETP | -12.2% | 19,6 ETP | -3.9% | 20,4 ETP | -11.3% | 23,0 ETP | +4.1% | 22,1 ETP | -4.7% | 23,2 ETP | +5.0% | 22,1 ETP | +10.0% | 20,1 ETP | +14.2% | 17,6 ETP | -6.9% | 18,9 ETP | +9.2% | 17,3 ETP | +30.1% | 13,3 ETP | -18.9% | 16,4 ETP | -14.6% | 19,2 ETP | -16.5% | 23,0 ETP | +0.9% | 22,8 ETP | -3.8% | 23,7 ETP | -12.2% | 27,0 ETP | +25.6% | 21,5 ETP | +10.3% | 19,5 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 5 M€ and 10 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 14 ended
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
Oxydarte● Active | 1040.934.417 |
Financials
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 | 22/06/2026 | 05/06/2025 | 30/04/2025 | 02/06/2023 | 20/05/2022 | 02/06/2021 |
| General meeting | 12/06/2026 | 31/05/2025 | 31/05/2024 | 03/05/2023 | 17/03/2022 | 29/05/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
21 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 12/06/2026 | 22/06/2026 | Dutch | |
| Abridged model | 31/12/2024 | 31/05/2025 | 05/06/2025 | Dutch | |
| Abridged modelCorrection | 31/12/2023 | 31/05/2024 | 30/04/2025 | Dutch | |
| Abridged model | 31/12/2023 | 31/05/2024 | 01/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 03/05/2023 | 02/06/2023 | Dutch | |
| Abridged model | 31/12/2021 | 17/03/2022 | 20/05/2022 | Dutch | |
| Abridged model | 31/12/2020 | 29/05/2021 | 02/06/2021 | Dutch | |
| Abridged model | 31/12/2019 | 30/05/2020 | 06/07/2020 | Dutch | |
| Abridged model | 31/12/2018 | 25/05/2019 | 25/06/2019 | Dutch | |
| Abridged model | 31/12/2017 | 26/05/2018 | 13/07/2018 | Dutch | |
| Abridged model | 31/12/2016 | 27/05/2017 | 29/05/2017 | Dutch | |
| Abridged model | 31/12/2015 | 28/05/2016 | 10/06/2016 | Dutch | |
| Abridged model | 31/12/2014 | 15/02/2015 | 17/02/2015 | Dutch | |
| Abridged model | 31/12/2013 | 31/05/2014 | 03/06/2014 | Dutch | |
| Abridged model | 31/12/2012 | 25/05/2013 | 27/05/2013 | Dutch | |
| Abridged model | 31/12/2011 | 26/05/2012 | 29/05/2012 | Dutch | |
| Abridged model | 31/12/2010 | 28/05/2011 | 30/05/2011 | Dutch | |
| Abridged model | 31/12/2009 | 29/05/2010 | 31/05/2010 | Dutch | |
| Abridged model | 31/12/2008 | 30/05/2009 | 03/06/2009 | Dutch | |
| Abridged model | 31/12/2007 | 31/05/2008 | 02/06/2008 | Dutch | |
| Abridged model | 31/12/2006 | 26/05/2007 | 29/05/2007 | Dutch |
Valuation
Estimate
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 14 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Restructuring25/06/2026RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Mandates29/01/2026ONTSLAGEN - BENOEMINGEN
- Mandates13/11/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
- Mandates06/01/2016ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025397,7 k €↓
- 2024Annual accounts 2024838,9 k €↑
- 2023Annual accounts 2023727,8 k €↑
- 2022Annual accounts 2022547,7 k €↓
- 2021Annual accounts 2021780,7 k €↓
- 2020Annual accounts 2020812,1 k €↑
- 2019Annual accounts 2019405,9 k €↓
- 2018Annual accounts 2018417,3 k €↑
- 2017Annual accounts 2017260,4 k €↑
- 2016Annual accounts 2016147 k €↓
- 2015Annual accounts 2015319,3 k €↑
- 2014Annual accounts 2014107,4 k €↑
- 2013Annual accounts 2013-42 k €↓
- 2012Annual accounts 2012-19,7 k €↑
- 2011Annual accounts 2011-68,5 k €↓
- 2010Annual accounts 201095,5 k €↑
- 2009Annual accounts 2009-2,5 k €↓
- 2008Annual accounts 2008208,9 k €↑
- 2007Annual accounts 2007155,8 k €↓
- 2006Annual accounts 2006227 k €
- 31/08/1988IncorporationPrivate limited company