ACTIVE

NEW EURAC

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Financial year 2025 · Closed on 31/12/2025

Net result26,3 k €-6,8 %over 1 year
Gross margin589 k €-21,2 %over 1 year
Equity354,2 k €+8,0 %over 1 year

Identity

Source · BCE/KBO

NEW EURAC is a Private limited company incorporated in 1994. Its main activity is: Manufacture of man-made fibres. Its registered office is in Tielt.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0452.935.560
Incorporation
04/07/1994
Legal form
Private limited company
Registered office
Tenhovestraat 11
8700 Tielt · FlandreSee on map
Contributed capital
205 000,00 €
Latest accounts
31/12/2025
Joint committees (4)
  • 111
  • 11100
  • 209
  • 20900
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin589 k €747,9 k €708,7 k €661,9 k €601,2 k €
EBITDA144,9 k €273,7 k €176,5 k €174,7 k €163,1 k €
Operating result123,9 k €167,2 k €151,7 k €119,6 k €119 k €
Net result26,3 k €28,2 k €25,6 k €18,3 k €26,1 k €
Balance sheet
Equity354,2 k €327,8 k €299,6 k €274,1 k €255,7 k €
Total assets1,3 M €1,3 M €1,3 M €1,6 M €1,7 M €
Cash62,5 k €112,8 k €76,2 k €42,7 k €23,2 k €
Debts959,5 k €940,2 k €969,2 k €1,3 M €1,4 M €
Other
Workforce––9,1 ETP11,4 ETP10,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 6 ended

Active mandates

Michael Vandevoorde

Director · since 01 janvier 2020

Active
Nikita Vandevoorde

Director · since 01 juillet 2019

Active

Ended mandates

Michael Vandevoorde

Manager · since 01 janvier 2020

Ended
Nikita Vandevoorde

Manager · since 01 juillet 2019

Ended
Joost Vandevoorde

Director · since 29 juillet 1994

Ended
Dirk Vandevoorde

Associate

Ended

Other companies at this address

Tenhovestraat 11 8700 Tielt
CompanyCBE no.
SOGN-O-PUS● Active
0889.868.595

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 date23/06/202614/07/202525/06/202428/06/202301/07/202223/08/2021
General meeting18/06/202619/06/202520/06/202415/06/202301/07/202217/06/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202518/06/202623/06/2026DutchPDF
Abridged model31/12/202419/06/202514/07/2025DutchPDF
Abridged model31/12/202320/06/202425/06/2024DutchPDF
Abridged model31/12/202215/06/202328/06/2023DutchPDF
Abridged model31/12/202101/07/202201/07/2022DutchPDF
Abridged model31/12/202017/06/202123/08/2021DutchPDF
Abridged model31/12/201918/06/202002/09/2020DutchPDF
Abridged model31/12/201820/06/201924/06/2019DutchPDF
Abridged model31/12/201721/06/201829/06/2018DutchPDF
Abridged model31/12/201615/06/201729/06/2017DutchPDF
Abridged model31/12/201516/06/201624/08/2016DutchPDF
Abridged model31/12/201418/06/201527/08/2015DutchPDF
Abridged model31/12/201319/06/201422/08/2014DutchPDF
Abridged model31/12/201220/06/201326/09/2013DutchPDF
Abridged model31/12/201121/06/201227/09/2012DutchPDF
Abridged model31/12/201016/06/201131/08/2011DutchPDF
Abridged model31/12/200917/06/201009/07/2010DutchPDF
Abridged model31/12/200818/06/200907/07/2009DutchPDF
Abridged model31/12/200719/06/200801/07/2008DutchPDF
Abridged model31/12/200614/06/200720/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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

2 active · 6 ended

Active mandates

Michael Vandevoorde

Director · since 01 janvier 2020

Active
Nikita Vandevoorde

Director · since 01 juillet 2019

Active

Ended mandates

Michael Vandevoorde

Manager · since 01 janvier 2020

Ended
Nikita Vandevoorde

Manager · since 01 juillet 2019

Ended
Joost Vandevoorde

Director · since 29 juillet 1994

Ended
Dirk Vandevoorde

Associate

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates25/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF

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 202526,3 k €↓
  2. 2024
    Annual accounts 202428,2 k €↑
  3. 2023
    Annual accounts 202325,6 k €↑
  4. 2022
    Annual accounts 202218,3 k €↓
  5. 2021
    Annual accounts 202126,1 k €↑
  6. 2020
    Annual accounts 20203 k €↑
  7. 2019
    Annual accounts 2019-21,1 k €↓
  8. 2018
    Annual accounts 201817 k €↑
  9. 2017
    Annual accounts 201710 k €↓
  10. 2016
    Annual accounts 201610,1 k €↑
  11. 2015
    Annual accounts 2015700,1 €↓
  12. 2014
    Annual accounts 201414,5 k €↑
  13. 2013
    Annual accounts 2013-42,5 k €↓
  14. 2012
    Annual accounts 20124,3 k €↓
  15. 2011
    Annual accounts 201110,7 k €↓
  16. 2010
    Annual accounts 201020,4 k €↑
  17. 2009
    Annual accounts 2009-7,9 k €↓
  18. 2008
    Annual accounts 2008248,3 €↓
  19. 2007
    Annual accounts 200737,4 k €↑
  20. 2006
    Annual accounts 2006702,7 €
  21. 04/07/1994
    IncorporationPrivate limited company