ACTIVE

SPINNEKOP

Financial year 2025 · closed on 31/12/2025
Net result
884,7 k €
+39.6% YoY
Gross margin
4,2 M €
+17.1% YoY
Equity
4,6 M €
+24.0% YoY
Workforce
41,1 ETP
+2.2% YoY

What does SPINNEKOP do?

SPINNEKOP is a Public limited company incorporated in 1996. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Ieper. It employs on average 41,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0457.522.769
Incorporation
25/03/1996
Legal form
Public limited company
Registered office
Steverlyncklaan 22
8900 Ieper · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Average workforce
41,1 ETP
Joint committees (2)
  • 111
  • 209
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin4,2 M €3,6 M €3,9 M €2,6 M €2 M €1,1 M €1,2 M €1 M €1,1 M €988,2 k €942,8 k €973,6 k €832 k €898,1 k €772,7 k €638,4 k €638,1 k €685,3 k €805,6 k €770,9 k €
EBITDA1,5 M €1 M €1,7 M €685,4 k €1,5 M €314,1 k €308,7 k €269,1 k €270,9 k €205 k €230,9 k €243,3 k €58,9 k €174,6 k €57,2 k €41,1 k €64,6 k €44,5 k €48 k €31,6 k €
Operating result1,2 M €857 k €1,6 M €614,3 k €1,5 M €313,5 k €300,4 k €268,6 k €262,6 k €199,7 k €226,1 k €238,5 k €179,2 k €120,1 k €54,5 k €37,5 k €50,2 k €23,8 k €27,2 k €11,2 k €
Net result884,7 k €633,9 k €1,2 M €466,7 k €1,4 M €296,1 k €280,7 k €231,2 k €210,2 k €152,9 k €184,9 k €204,8 k €150,4 k €101,2 k €40,8 k €20,2 k €45,4 k €20,2 k €11,7 k €5 k €
Balance sheet
Equity4,6 M €3,7 M €3,1 M €1,8 M €1,4 M €1,3 M €1,3 M €1,3 M €1,2 M €1,1 M €982,5 k €897,7 k €812,9 k €712,5 k €661,2 k €620,4 k €600,3 k €554,9 k €534,7 k €523 k €
Total assets10,4 M €10,2 M €6,1 M €6,3 M €5,8 M €4,5 M €3,9 M €3 M €2,6 M €3,1 M €4 M €4,2 M €1,9 M €1,9 M €1,7 M €2,1 M €2,9 M €2,4 M €2,2 M €2,5 M €
Cash985,7 k €368,8 k €347,4 k €163,1 k €563,4 k €1,7 M €510,9 k €618,9 k €1 M €323,3 k €1,5 M €2,7 M €269,5 k €269,6 k €430,9 k €504,3 k €823,5 k €299,2 k €175,2 k €231,9 k €
Debts5,9 M €6,5 M €3 M €4,5 M €4,4 M €3,1 M €2,7 M €1,8 M €1,4 M €2 M €3 M €3,3 M €1,1 M €1,2 M €1,1 M €1,5 M €2,3 M €1,8 M €1,6 M €2 M €
Other
Workforce41,1 ETP40,2 ETP37,8 ETP35,3 ETP14,9 ETP16,4 ETP17,8 ETP16,4 ETP16,4 ETP16,1 ETP15,8 ETP15,8 ETP15,7 ETP16,8 ETP16,1 ETP15,0 ETP14,1 ETP15,4 ETP16,6 ETP17,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 25 ended

Active mandates

SPICAR

Director · since 01 juin 2025 · 1020.558.576

Represented by Carl Spillebeen

Active
AGRITAINE

Director · 1011.752.758

Represented by Francis De Geest

Active
SPINNEWEB

Director · 0777.510.824

Represented by Marc De Backer

Active
White Tee

Director · 0688.576.868

Represented by Yves Thiers

Active

Ended mandates

AGRITAINE

Director · since 07 novembre 2024 · 1011.752.758

Represented by Francis De Geest

Ended
SPINNEWEB

Director · since 17 décembre 2021 · 0777.510.824

Represented by Marc De Backer

Ended
White Tee

Director · since 17 décembre 2021 · 0688.576.868

Represented by Yves Thiers

Ended
ANTOROTIN

Director · since 19 septembre 2008 · until 19 septembre 2014 · 0860.782.156

Represented by Ronny Maesen

Ended
At this address

Other companies at this address

CompanyCBE no.
ANTOROTINActive
0860.782.156
ARANEASActive
0783.940.934
MBS MANAGEMENTActive
0878.145.948
SPINNEHUISActive
0777.510.428
SPINNEWEBActive
0777.510.824
Annual accounts

Full financial information

202520242023202220212021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/04/202101/04/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/03/2021
Length of the financial year12 months12 months12 months12 months9 months12 months
Filing date17/06/202622/07/202517/06/202427/06/202330/06/202215/11/2021
General meeting01/06/202602/06/202504/06/202405/06/202306/06/202217/09/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202501/06/202617/06/2026DutchPDF
Abridged model31/12/202402/06/202522/07/2025DutchPDF
Abridged model31/12/202304/06/202417/06/2024DutchPDF
Abridged model31/12/202205/06/202327/06/2023DutchPDF
Abridged model31/12/202106/06/202230/06/2022DutchPDF
Abridged model31/03/202117/09/202115/11/2021DutchPDF
Abridged model31/03/202011/09/202019/11/2020DutchPDF
Abridged model31/03/201913/09/201907/11/2019DutchPDF
Abridged model31/03/201814/09/201806/11/2018DutchPDF
Abridged model31/03/201715/09/201716/11/2017DutchPDF
Abridged model31/03/201616/09/201623/11/2016DutchPDF
Abridged model31/03/201518/09/201520/11/2015DutchPDF
Abridged model31/03/201419/09/201420/11/2014DutchPDF
Abridged model31/03/201320/09/201331/10/2013DutchPDF
Abridged model31/03/201221/09/201211/10/2012DutchPDF
Abridged model31/03/201116/09/201104/11/2011DutchPDF
Abridged model31/03/201017/09/201009/11/2010DutchPDF
Abridged model31/03/200918/09/200922/10/2009DutchPDF
Abridged model31/03/200819/09/200807/10/2008DutchPDF
Abridged model31/03/200715/09/200720/11/2007DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 25 ended

Active mandates

SPICAR

Director · since 01 juin 2025 · 1020.558.576

Represented by Carl Spillebeen

Active
AGRITAINE

Director · 1011.752.758

Represented by Francis De Geest

Active
SPINNEWEB

Director · 0777.510.824

Represented by Marc De Backer

Active
White Tee

Director · 0688.576.868

Represented by Yves Thiers

Active

Ended mandates

AGRITAINE

Director · since 07 novembre 2024 · 1011.752.758

Represented by Francis De Geest

Ended
SPINNEWEB

Director · since 17 décembre 2021 · 0777.510.824

Represented by Marc De Backer

Ended
White Tee

Director · since 17 décembre 2021 · 0688.576.868

Represented by Yves Thiers

Ended
ANTOROTIN

Director · since 19 septembre 2008 · until 19 septembre 2014 · 0860.782.156

Represented by Ronny Maesen

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates07/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other18/01/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates06/01/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/11/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/03/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/11/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/12/2010
    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 2025884,7 k €
  2. 2024
    Annual accounts 2024633,9 k €
  3. 2023
    Annual accounts 20231,2 M €
  4. 2022
    Annual accounts 2022466,7 k €
  5. 2021
    Annual accounts 20211,4 M €
  6. 2021
    Annual accounts 2021296,1 k €
  7. 2020
    Annual accounts 2020280,7 k €
  8. 2019
    Annual accounts 2019231,2 k €
  9. 2018
    Annual accounts 2018210,2 k €
  10. 2017
    Annual accounts 2017152,9 k €
  11. 2016
    Annual accounts 2016184,9 k €
  12. 2015
    Annual accounts 2015204,8 k €
  13. 2014
    Annual accounts 2014150,4 k €
  14. 2013
    Annual accounts 2013101,2 k €
  15. 2012
    Annual accounts 201240,8 k €
  16. 2011
    Annual accounts 201120,2 k €
  17. 2010
    Annual accounts 201045,4 k €
  18. 2009
    Annual accounts 200920,2 k €
  19. 2008
    Annual accounts 200811,7 k €
  20. 2007
    Annual accounts 20075 k €
  21. 25/03/1996
    IncorporationPublic limited company