ACTIVE

NAPELS

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Financial year 2025 · Closed on 31/12/2025

Net result624,1 k €+1 363,9 %over 1 year

Gross margin305,4 k €+253,5 %over 1 year

Equity8 M €+86,3 %over 1 year

Identity

Source · BCE/KBO

NAPELS is a Public limited company incorporated in 1994. Its registered office is in Schilde.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0453.242.594
Incorporation: 04/08/1994
Legal form: Public limited company
Registered office: Hazendreef 32
2970 Schilde · FlandreSee on map
Contributed capital: 152 802,11 €
Latest accounts: 31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	305,4 k €	+253%	86,4 k €	-38.6%	140,8 k €	-13.6%	163 k €	+95.4%	83,4 k €
EBITDA	233,3 k €	+281%	61,2 k €	-48.0%	117,7 k €	-14.7%	138 k €	+120%	62,7 k €
Operating result	148,9 k €	+323%	-66,9 k €	-1050%	7 k €	-70.4%	23,8 k €	+146%	-51,7 k €
Net result	624,1 k €	+1364%	42,6 k €	-5.9%	45,3 k €	+858%	-6 k €	-103%	175,7 k €
Balance sheet
Equity	8 M €	+86.3%	4,3 M €	-8.2%	4,7 M €	+1.0%	4,6 M €	-18.0%	5,6 M €
Total assets	8,2 M €	+39.0%	5,9 M €	+3.1%	5,7 M €	-0.7%	5,7 M €	-6.0%	6,1 M €
Cash	139,3 k €	-58.6%	336,2 k €	+158%	130,2 k €	-17.0%	156,9 k €	+12.1%	140 k €
Debts	174 k €	-88.9%	1,6 M €	+54.9%	1 M €	-7.6%	1,1 M €	+146%	444,1 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Francine Verwulst	Managing director01/06/2006 → 18/12/2029
Iwan Dauginet	Director02/06/2012 → 18/12/2029
Liesbet Dauginet	Director02/06/2012 → 18/12/2029
Lieve Dauginet	Director01/06/2006 → 18/12/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Dauginet Victor	Director01/06/2006 → 2022 accounts

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	22/07/2026	16/05/2025	28/06/2024	27/07/2023	23/06/2022	30/07/2021
General meeting	23/06/2026	10/03/2025	01/06/2024	30/06/2023	29/04/2022	30/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	23/06/2026	22/07/2026	Dutch	PDF
Micro model	31/12/2024	10/03/2025	16/05/2025	Dutch	PDF
Micro model	31/12/2023	01/06/2024	28/06/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	27/07/2023	Dutch	PDF
Micro model	31/12/2021	29/04/2022	23/06/2022	Dutch	PDF
Micro model	31/12/2020	30/06/2021	30/07/2021	Dutch	PDF
Micro model	31/12/2019	30/06/2020	21/07/2020	Dutch	PDF
Micro model	31/12/2018	01/06/2019	29/08/2019	Dutch	PDF
Micro model	31/12/2017	01/06/2018	31/08/2018	Dutch	PDF
Micro model	31/12/2016	01/06/2017	29/08/2017	Dutch	PDF
Abridged model	31/12/2015	01/06/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	26/08/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	01/06/2012	30/09/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	07/09/2011	Dutch	PDF
Abridged model	31/12/2009	25/06/2010	14/10/2010	Dutch	PDF
Abridged model	31/12/2008	22/06/2009	18/08/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	01/07/2008	Dutch	PDF
Abridged model	31/12/2006	06/06/2007	04/07/2007	Dutch	PDF

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.

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

4 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Francine Verwulst	Managing director01/06/2006 → 18/12/2029
Iwan Dauginet	Director02/06/2012 → 18/12/2029
Liesbet Dauginet	Director02/06/2012 → 18/12/2029
Lieve Dauginet	Director01/06/2006 → 18/12/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Dauginet Victor	Director01/06/2006 → 2022 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Restructuring01/09/2025
DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring09/04/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates12/03/2024
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring20/10/2020
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring20/07/2020
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring06/11/2019
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates31/10/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/08/2012
ONTSLAGEN - BENOEMINGEN
PDF

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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

Filings18 filings

Mandates

Lieve Dauginet

Francine Verwulst

Liesbet Dauginet

Iwan Dauginet

Dauginet Victor

199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

NAPELS

Hazendreef 32, 2970 Schilde

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Hazendreef 32, 2970 SchildeCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00317680

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
NAPELSCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00317680

Events

2025
Annual accounts 2025624,1 k €↑
2024
Annual accounts 202442,6 k €↓
2023
Annual accounts 202345,3 k €↑
2022
Annual accounts 2022-6 k €↓
2021
Annual accounts 2021175,7 k €↑
2019
Annual accounts 201932,2 k €↓
2018
Annual accounts 201833,6 k €↓
2017
Annual accounts 201769,3 k €↓
2016
Annual accounts 201684,8 k €↓
2015
Annual accounts 2015124,9 k €↑
2014
Annual accounts 201464,1 k €↓
2013
Annual accounts 2013234,7 k €↑
2012
Annual accounts 201227,8 k €↑
2010
Annual accounts 2010-2,5 k €↑
2009
Annual accounts 2009-124,6 k €↓
2008
Annual accounts 200833,9 k €↑
2007
Annual accounts 200729,2 k €↑
2006
Annual accounts 2006-13,6 k €
04/08/1994
IncorporationPublic limited company

NAPELS

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