ACTIVE

FABRIKATIE VAN VERVEN, VERNISSEN VOOR INDUSTRIELE BOUWNIJVERHEID DEGRYSE

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Financial year 2025 · Closed on 30/06/2025

Net result122,8 k €+807,8 %over 1 year

Gross margin393,9 k €+75,2 %over 1 year

Equity677,9 k €+22,1 %over 1 year

Workforce2,8 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

FABRIKATIE VAN VERVEN, VERNISSEN VOOR INDUSTRIELE BOUWNIJVERHEID DEGRYSE is a Public limited company incorporated in 1988. Its main activity is: Manufacture of paints, varnishes and similar coatings, printing ink and mastics. Its registered office is in Ichtegem. It employs on average 2,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0436.153.867
Incorporation: 20/12/1988
Legal form: Public limited company
Registered office: Fabriekweg(EER) 42
8480 Ichtegem · FlandreSee on map
Contributed capital: 175 300,00 €
Latest accounts: 30/06/2025
Average workforce: 2,8 ETP

Activities (NACE)

20300Manufacture of paints, varnishes and similar coatings, printing ink and mastics· main 20300Manufacture of paints, varnishes and similar coatings, printing ink and mastics 24300Manufacture of other products of first processing of steel

Joint committees (3)

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2020
Income statement
Gross margin	393,9 k €	+75.2%	224,8 k €	+199%	75,1 k €	-79.2%	361,4 k €	+24.3%	290,7 k €
EBITDA	182,3 k €	+946%	17,4 k €	+114%	-127,5 k €	-158%	220,5 k €	-0.4%	221,3 k €
Operating result	170,1 k €	+2079%	-8,6 k €	+32.6%	-12,7 k €	-111%	120,1 k €	-40.2%	201 k €
Net result	122,8 k €	+808%	13,5 k €	+282%	3,5 k €	-97.5%	139,6 k €	-25.2%	186,8 k €
Balance sheet
Equity	677,9 k €	+22.1%	555,1 k €	-22.0%	712,1 k €	+0.5%	708,6 k €	+1.8%	695,9 k €
Total assets	1,2 M €	+7.4%	1,1 M €	-10.6%	1,2 M €	-12.4%	1,4 M €	-1.9%	1,4 M €
Cash	62,3 k €	-7.8%	67,6 k €	-31.7%	99 k €	+12.4%	88 k €	-90.4%	919,5 k €
Debts	501,8 k €	-0.4%	503,6 k €	+47.1%	342,3 k €	-47.5%	651,8 k €	-5.7%	690,9 k €
Other
Workforce	2,8 ETP	0.0%	2,8 ETP	0.0%	2,8 ETP	+27.3%	2,2 ETP	+120%	1,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

3 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
COTEK0461.977.742Represented by Degryse RUBEN	Director15/06/2016 → 30/11/2029Managing director29/11/2019 → 29/11/2025ended
Gerard Degryse	Director02/02/2008 → 30/11/2029
Rita Grillet	Director14/07/2015 → 30/11/2029Managing director02/02/2008 → 02/02/2019ended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ruben Degryse	Managing director15/06/2016 → 27/11/2020Director02/02/2013 → 02/02/2019
DANIEL DEGRYSE	Director02/02/2008 → 02/02/2013

Full financial information

Source · NBB

	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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/01/2026	11/10/2024	14/12/2023	30/01/2023	28/01/2022	27/01/2021
General meeting	28/01/2026	12/09/2024	11/12/2023	25/11/2022	26/11/2021	27/11/2020
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	28/01/2026	29/01/2026	Dutch	PDF
Abridged model	30/06/2024	12/09/2024	11/10/2024	Dutch	PDF
Abridged model	30/06/2023	11/12/2023	14/12/2023	Dutch	PDF
Abridged model	30/06/2022	25/11/2022	30/01/2023	Dutch	PDF
Abridged model	30/06/2021	26/11/2021	28/01/2022	Dutch	PDF
Abridged model	30/06/2020	27/11/2020	27/01/2021	Dutch	PDF
Abridged model	30/06/2019	29/11/2019	19/05/2020	Dutch	PDF
Abridged model	30/06/2018	30/11/2018	25/02/2019	Dutch	PDF
Abridged model	30/06/2017	06/12/2017	30/01/2018	Dutch	PDF
Abridged model	30/06/2016	25/11/2016	27/02/2017	Dutch	PDF
Abridged model	30/09/2014	06/02/2015	01/04/2015	Dutch	PDF
Abridged model	30/09/2013	07/02/2014	08/05/2014	Dutch	PDF
Abridged model	30/09/2012	01/02/2013	29/04/2013	Dutch	PDF
Abridged model	30/09/2011	03/02/2012	05/06/2012	Dutch	PDF
Abridged model	30/09/2010	04/02/2011	06/05/2011	Dutch	PDF
Abridged model	30/09/2009	05/02/2010	09/02/2010	Dutch	PDF
Abridged model	30/09/2008	05/02/2009	10/03/2009	Dutch	PDF
Abridged model	30/09/2007	01/02/2008	05/02/2008	Dutch	PDF
Abridged model	30/09/2006	03/02/2007	30/04/2007	Dutch	PDF
Abridged model	30/09/2005	04/02/2006	19/04/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 30/06/2025

3 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
COTEK0461.977.742Represented by Degryse RUBEN	Director15/06/2016 → 30/11/2029Managing director29/11/2019 → 29/11/2025ended
Gerard Degryse	Director02/02/2008 → 30/11/2029
Rita Grillet	Director14/07/2015 → 30/11/2029Managing director02/02/2008 → 02/02/2019ended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ruben Degryse	Managing director15/06/2016 → 27/11/2020Director02/02/2013 → 02/02/2019
DANIEL DEGRYSE	Director02/02/2008 → 02/02/2013

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other08/03/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares11/01/2018
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates08/07/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/07/2015
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
PDF
Capital / shares17/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates08/10/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/11/2008
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares09/10/2003
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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

Filings19 filings

Mandates

COTEK

Rita Grillet

Gerard Degryse

Ruben Degryse

DANIEL DEGRYSE

198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

FABRIKATIE VAN VERVEN, VERNISSEN VOOR INDUSTRIELE BOUWNIJVERHEID DEGRYSE

Fabriekweg(EER) 42, 8480 Ichtegem

DirectorManaging director

Director

Managing directorDirector

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Fabriekweg(EER) 42, 8480 IchtegemCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00018914

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
FABRIKATIE VAN VERVEN, VERNISSEN VOOR INDUSTRIELE BOUWNIJVERHEID DEGRYSECurrent	accounts 2023 → 2025	Accounts 2025 · 2026-00018914
Degryse	accounts 2022	Accounts 2022 · 2023-00022545

Events

2025
Annual accounts 2025122,8 k €↑
2024
Annual accounts 202413,5 k €↑
2023
Annual accounts 20233,5 k €↓
2023
Name changeFABRIKATIE VAN VERVEN, VERNISSEN VOOR INDUSTRIELE BOUWNIJVERHEID DEGRYSE
2022
Annual accounts 2022139,6 k €↓
2020
Annual accounts 2020186,8 k €↑
2019
Annual accounts 2019150,9 k €↓
2018
Annual accounts 2018255,3 k €↓
2017
Annual accounts 2017339,9 k €↓
2016
Annual accounts 2016340,1 k €↑
2014
Annual accounts 201490,6 k €↑
2013
Annual accounts 20133 k €↑
2012
Annual accounts 2012-10,8 k €↓
2011
Annual accounts 201162,6 k €↑
2010
Annual accounts 201038,2 k €↓
2009
Annual accounts 200956,1 k €↑
2008
Annual accounts 200837,4 k €↓
2007
Annual accounts 200758,1 k €↑
2006
Annual accounts 200618,8 k €↓
2005
Annual accounts 200520,5 k €
20/12/1988
IncorporationPublic limited company

FABRIKATIE VAN VERVEN, VERNISSEN VOOR INDUSTRIELE BOUWNIJVERHEID DEGRYSE

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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

Timeline

Registered offices

Company names

Events