ACTIVE

FAMGLAS

Financial year 2025 · closed on 31/12/2025
Net result
137,7 k €
-7.5% YoY
Gross margin
517,9 k €
+0.2% YoY
Equity
252,1 k €
+1.1% YoY
Workforce
4,0 ETP
+2.6% YoY

What does FAMGLAS do?

FAMGLAS is a Public limited company incorporated in 1992. Its main activity is: Painting and glazing. Its registered office is in Zele. It employs on average 4,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0448.090.708
Incorporation
25/08/1992
Legal form
Public limited company
Registered office
Dommekensstraat 8
9240 Zele · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
4,0 ETP
Joint committees (3)
  • 124
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120112009200820072006
Income statement
Gross margin517,9 k €516,8 k €593,6 k €782,5 k €840,1 k €546,1 k €435,2 k €529,7 k €471,4 k €425,3 k €
EBITDA210,6 k €225,0 k €299,9 k €474,9 k €516,2 k €3,7 k €80,4 k €177,7 k €150,9 k €148,0 k €
Operating result193,0 k €208,0 k €293,2 k €485,2 k €509,0 k €-21,2 k €65,3 k €160,8 k €140,9 k €137,8 k €
Net result137,7 k €148,8 k €211,8 k €362,0 k €366,8 k €-21,6 k €69,7 k €117,4 k €103,1 k €93,8 k €
Balance sheet
Equity252,1 k €249,4 k €248,6 k €186,7 k €224,7 k €715,1 k €736,6 k €666,9 k €549,5 k €446,4 k €
Total assets674,7 k €617,5 k €849,7 k €956,5 k €937,6 k €992,9 k €831,0 k €821,8 k €637,9 k €586,7 k €
Cash209,2 k €54,0 k €107,2 k €34,2 k €194,1 k €454,1 k €318,9 k €553,6 €50,6 k €22,9 k €
Debts408,3 k €365,1 k €601,1 k €769,8 k €712,8 k €277,8 k €94,0 k €155,0 k €88,4 k €140,3 k €
Other
Workforce4,0 ETP3,9 ETP4,1 ETP4,7 ETP5,6 ETP8,0 ETP8,3 ETP8,2 ETP7,8 ETP7,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

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

Board of directors

Seen on filing of 31/12/2025 · 3 active · 18 ended

Active mandates

Matthew Beddeleem

Bestuurder · since 08 janvier 2024 · until 18 mai 2029

Active
Sven Callaert

Bestuurder · since 08 janvier 2024 · until 18 mai 2029

Active
Ward Van Gorp

Bestuurder · since 08 janvier 2024 · until 18 mai 2029

Active

Ended mandates

Matthew Beddeleem

Managing director · since 08 janvier 2024

Ended
Sven CALLAERT

Director · since 08 janvier 2024 · until 15 mai 2029

Ended
Ward VAN GORP

Director · since 08 janvier 2024 · until 15 mai 2029

Ended
M&W Investment

Managing director · since 18 février 2022 · until 20 mai 2025 · 0503.812.357

Represented by Ward VAN GORP

Ended
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 date20/03/202626/05/202523/07/202431/10/202322/06/202206/10/2021
General meeting04/03/202608/05/202521/05/202416/05/202317/05/202223/09/2021
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202504/03/202620/03/2026DutchPDF
Abridged model31/12/202408/05/202526/05/2025DutchPDF
Abridged model31/12/202321/05/202423/07/2024DutchPDF
Abridged model31/12/202216/05/202331/10/2023DutchPDF
Abridged model31/12/202117/05/202222/06/2022DutchPDF
Abridged model31/12/202023/09/202106/10/2021DutchPDF
Abridged model31/12/201919/05/202026/06/2020DutchPDF
Abridged model31/12/201821/05/201923/09/2019DutchPDF
Abridged model31/12/201715/05/201808/11/2018DutchPDF
Abridged model31/12/201616/05/201729/08/2017DutchPDF
Abridged model31/12/201517/05/201630/09/2016DutchPDF
Abridged model31/12/201419/05/201508/06/2015DutchPDF
Abridged model31/12/201320/05/201419/09/2014DutchPDF
Abridged model31/12/201221/05/201321/06/2013DutchPDF
Abridged model30/09/201127/01/201223/04/2012DutchPDF
Abridged model31/12/200914/05/201015/06/2010DutchPDF
Abridged model31/12/200828/05/200922/06/2009DutchPDF
Abridged model31/12/200708/05/200806/06/2008DutchPDF
Abridged model31/12/200610/05/200731/05/2007DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 18 ended

Active mandates

Matthew Beddeleem

Bestuurder · since 08 janvier 2024 · until 18 mai 2029

Active
Sven Callaert

Bestuurder · since 08 janvier 2024 · until 18 mai 2029

Active
Ward Van Gorp

Bestuurder · since 08 janvier 2024 · until 18 mai 2029

Active

Ended mandates

Matthew Beddeleem

Managing director · since 08 janvier 2024

Ended
Sven CALLAERT

Director · since 08 janvier 2024 · until 15 mai 2029

Ended
Ward VAN GORP

Director · since 08 janvier 2024 · until 15 mai 2029

Ended
M&W Investment

Managing director · since 18 février 2022 · until 20 mai 2025 · 0503.812.357

Represented by Ward VAN GORP

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates21/03/2024
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Restructuring11/06/2020
    DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates24/02/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring06/02/2020
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Registered office16/01/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office06/03/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates31/10/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/03/2013
    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. 2025
    Annual accounts 2025137,7 k €
  2. 2024
    Annual accounts 2024148,8 k €
  3. 2023
    Annual accounts 2023211,8 k €
  4. 2022
    Annual accounts 2022362,0 k €
  5. 2021
    Annual accounts 2021366,8 k €
  6. 2011
    Annual accounts 2011-21,6 k €
  7. 2009
    Annual accounts 200969,7 k €
  8. 2008
    Annual accounts 2008117,4 k €
  9. 2007
    Annual accounts 2007103,1 k €
  10. 2006
    Annual accounts 200693,8 k €
  11. 25/08/1992
    IncorporationPublic limited company