ACTIVE

KINGSPAN

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Financial year 2025 · Closed on 31/12/2025

Net result1,2 M €+119,5 %over 1 year

Revenue12,4 M €+0,8 %over 1 year

Equity28,7 M €+4,3 %over 1 year

Workforce19,0 ETP-1,6 %over 1 year

Identity

Source · BCE/KBO

KINGSPAN is a Public limited company incorporated in 1994. Its main activity is: Wholesale of wood, construction materials and sanitary equipment. Its registered office is in Grobbendonk. It employs on average 19,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0453.648.016
Incorporation: 24/10/1994
Legal form: Public limited company
Registered office: Bouwelven 17
2280 Grobbendonk · FlandreSee on map
Contributed capital: 38 063 337,93 €
Latest accounts: 31/12/2025
Average workforce: 19,0 ETP

Activities (NACE)

46731Wholesale of wood, construction materials and sanitary equipment· main 46831Wholesale trade, except of motor vehicles and motorcycles 51532Air transport

Joint committees (4)

12400
200
20000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	12,4 M €	+0.8%	12,3 M €	-16.1%	14,6 M €	-26.4%	19,9 M €	+10.9%	17,9 M €
EBITDA	1 M €	+41.8%	718,3 k €	+687%	-122,4 k €	-268%	73 k €	-90.3%	751,9 k €
Operating result	987,4 k €	+47.3%	670,1 k €	+76112%	-881,6 €	-102%	55 k €	-91.6%	658,3 k €
Net result	1,2 M €	+120%	-6 M €	-13349%	45,4 k €	+111%	-426,4 k €	-1834%	24,6 k €
Balance sheet
Equity	28,7 M €	+4.3%	27,6 M €	-17.9%	33,6 M €	+21.6%	27,6 M €	+5070%	533,9 k €
Total assets	31,2 M €	+4.7%	29,8 M €	-16.4%	35,6 M €	+21.6%	29,3 M €	+17.1%	25 M €
Cash	0 €	-100%	37,4 k €		–		–		–
Debts	1,9 M €	+28.3%	1,5 M €	-7.4%	1,6 M €	+3.1%	1,6 M €	-93.5%	24,4 M €
Other
Workforce	19,0 ETP	-1.6%	19,3 ETP	+11.6%	17,3 ETP	+40.7%	12,3 ETP	-2.4%	12,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 14 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Cédric Bruge	Director01/11/2025 → 01/06/2030
Justine Marsal	Director01/11/2025 → 01/06/2030
KINGSPAN HOLDING BELGIUM0457.212.963Represented by MC Carthy Gilbert	Director30/08/2005 → 28/06/2030Managing director12/11/2013 → 2014 accountsended
DM&C0799.605.345Represented by De RYNCK STEVEN	Managing director01/04/2023 → 30/06/2028Director01/04/2023 → 2023 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Joep Breukels	Director01/09/2023 → 2024 accounts
Christophe Bouvry	Director01/04/2023 → 2024 accounts
Olaf van Vonno	Director01/01/2022 → 2022 accounts

Other companies at this address

Bouwelven 17 2280 Grobbendonk

Company	CBE no.
KINGSPAN HOLDING BELGIUM● Active	0457.212.963
Kingspan Unidek● Active	0402.031.148

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	24/08/2026	21/08/2025	15/07/2024	28/06/2023	01/08/2022	19/07/2022
General meeting	30/06/2026	31/07/2025	28/06/2024	01/06/2023	29/07/2022	25/05/2022
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, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	24/08/2026	Dutch	PDF
Full model	31/12/2024	31/07/2025	21/08/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	15/07/2024	Dutch	PDF
Full model	31/12/2022	01/06/2023	28/06/2023	Dutch	PDF
Full model	31/12/2021	29/07/2022	01/08/2022	Dutch	PDF
Full model	31/12/2020	25/05/2022	19/07/2022	Dutch	PDF
Full model	31/12/2019	15/03/2021	22/03/2021	Dutch	PDF
Full model	31/12/2018	18/12/2020	21/12/2020	Dutch	PDF
Full model	31/12/2017	07/09/2018	29/09/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	29/08/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	12/08/2016	Dutch	PDF
Full model	31/12/2014	30/06/2015	28/07/2015	Dutch	PDF
Full modelCorrection	31/12/2013	30/06/2014	19/11/2014	Dutch	PDF
Full model	31/12/2013	30/06/2014	29/08/2014	Dutch	PDF
Full model	31/12/2012	30/06/2013	30/08/2013	Dutch	PDF
Full model	31/12/2011	01/06/2012	28/06/2012	Dutch	PDF
Full model	31/12/2010	30/06/2011	22/07/2011	Dutch	PDF
Full model	31/12/2009	30/06/2010	27/07/2010	Dutch	PDF
Full model	31/12/2008	02/06/2009	02/07/2009	Dutch	PDF
Full model	31/12/2007	01/06/2008	01/07/2008	Dutch	PDF
Full model	31/12/2006	01/06/2007	29/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 14 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Cédric Bruge	Director01/11/2025 → 01/06/2030
Justine Marsal	Director01/11/2025 → 01/06/2030
KINGSPAN HOLDING BELGIUM0457.212.963Represented by MC Carthy Gilbert	Director30/08/2005 → 28/06/2030Managing director12/11/2013 → 2014 accountsended
DM&C0799.605.345Represented by De RYNCK STEVEN	Managing director01/04/2023 → 30/06/2028Director01/04/2023 → 2023 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Joep Breukels	Director01/09/2023 → 2024 accounts
Christophe Bouvry	Director01/04/2023 → 2024 accounts
Olaf van Vonno	Director01/01/2022 → 2022 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates23/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/05/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/09/2023
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring24/08/2023
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring16/06/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates17/05/2023
ONTSLAGEN - BENOEMINGEN
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

Justine Marsal

Cédric Bruge

KINGSPAN HOLDING BELGIUM

DM&C

Joep Breukels

Christophe Bouvry

Olaf van Vonno

Steven De Rynck

Michel van der Helm

Ben Claaszen

Peter Bullough

Gilbert Mc Carthy

Show the 6 other mandates

1994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030

KINGSPAN

Bouwelven 17, 2280 Grobbendonk

Director

Managing director

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Bouwelven 17, 2280 GrobbendonkCurrent	accounts 2020 → 2025	Accounts 2025 · 2026-00418277

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
KINGSPANCurrent	accounts 2020 → 2025	Accounts 2025 · 2026-00418277

Events

2025
Annual accounts 20251,2 M €↑
2024
Annual accounts 2024-6 M €↓
2023
Annual accounts 202345,4 k €↑
2022
Annual accounts 2022-426,4 k €↓
2021
Annual accounts 202124,6 k €↑
2020
Annual accounts 2020-356 k €↑
2018
Annual accounts 2018-1,7 M €↑
2017
Annual accounts 2017-2,5 M €↓
2016
Annual accounts 2016746,6 k €↑
2015
Annual accounts 2015466,4 k €↑
2014
Annual accounts 2014-336,3 k €↑
2013
Annual accounts 2013-771,2 k €↓
2012
Annual accounts 2012103,1 k €↑
2011
Annual accounts 201125,7 k €↑
2010
Annual accounts 2010-5,1 k €↑
2009
Annual accounts 2009-17,9 k €↑
2008
Annual accounts 2008-93,3 k €↓
2007
Annual accounts 2007-35,2 k €↓
2006
Annual accounts 2006604,3 k €
24/10/1994
IncorporationPublic limited company

KINGSPAN

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

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