ACTIVE

FEBELCO

Financial year 2025 · Closed on 31/12/2025

Net result4,4 M €+5,6 %over 1 year
Revenue1,8 Md €+4,2 %over 1 year
Equity103,6 M €-10,8 %over 1 year
Workforce948,1 ETP-5,0 %over 1 year

Identity

Source · BCE/KBO

FEBELCO is a Cooperative society incorporated in 1996. Its registered office is in Sint-Niklaas. It employs on average 948,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0458.780.306
Incorporation
11/09/1996
Legal form
Cooperative society
Registered office
Eigenlostraat 1
9100 Sint-Niklaas · FlandreSee on map
Contributed capital
68 990 865,40 €
Latest accounts
31/12/2025
Average workforce
948,1 ETP
Joint committees (1)
  • 321
Contacts
1 public detail availableLog in to view
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 41 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue1,8 Md €1,7 Md €1,7 Md €1,6 Md €1,6 Md €
EBITDA15,8 M €14,9 M €15,4 M €11,5 M €22 M €
Operating result7,7 M €7,9 M €8,1 M €6,6 M €11,8 M €
Net result4,4 M €4,2 M €7,3 M €1 M €7 M €
Balance sheet
Equity103,6 M €116,1 M €124,6 M €129,4 M €142,4 M €
Total assets381,9 M €368 M €381,6 M €393,6 M €378,4 M €
Cash226,3 k €296,7 k €1 M €1,5 M €332,1 k €
Debts268,9 M €242 M €247,3 M €255,7 M €227,4 M €
Other
Workforce948,1 ETP997,8 ETP963,9 ETP914,0 ETP916,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

9 active · 47 ended

Active mandates

Hannelore Walcarius

Director · since 21 mai 2024 · until 20 mai 2030

Active
Michel De Ridder

Director · since 21 mai 2024 · until 20 mai 2030

Active
Klaas Debruyne

Director · since 12 mai 2024 · until 20 mai 2030

Active
ARISTO

Chairman of the board of directors · since 16 mai 2022 · until 16 mai 2028 · 0434.718.564

Represented by Frank Coene

Active
Eric Van Nueten

Director · since 16 mai 2022 · until 15 mai 2028

Active
Nicolas Meuwissen

Director · since 16 mai 2022 · until 18 mai 2028

Active
Kathleen Vermylen

Director · since 17 mai 2021 · until 18 mai 2027

Active
ALEXO

Managing director · since 15 septembre 2020 · until 18 mai 2026 · 0870.896.286

Represented by Olivier Delaere

Active
Johan Lamoot

Director · since 18 mai 2020 · until 18 mai 2026

Active

Ended mandates

Klaas Debruyne

Director · since 21 mai 2024 · until 20 mai 2030

Ended
Eric Van Nueten

Director · since 16 mai 2022 · until 16 mai 2028

Ended
Nicolas Meuwissen

Director · since 16 mai 2022 · until 16 mai 2028

Ended
Kathleen Vermylen

Director · since 17 mai 2021 · until 17 mai 2027

Ended

Other companies at this address

Eigenlostraat 1 9100 Sint-Niklaas
CompanyCBE no.
FEBELCOFONDS● Active
0479.158.422
1015.865.063
FEBELFARMA● Active
0479.127.936
MEDIPIM● Active
0545.879.079

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date20/05/202617/06/202504/07/202412/06/202327/06/202214/06/2021
General meeting18/05/202619/05/202521/05/202415/05/202316/05/202217/05/2021
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, 41 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202518/05/202620/05/2026DutchPDF
Consolidated accounts31/12/202518/05/202620/05/2026DutchPDF
Full model31/12/202419/05/202517/06/2025DutchPDF
Consolidated accounts31/12/202419/05/202517/06/2025DutchPDF
Full model31/12/202321/05/202404/07/2024DutchPDF
Consolidated accounts31/12/202321/05/202409/07/2024DutchPDF
Full model31/12/202215/05/202312/06/2023DutchPDF
Consolidated accounts31/12/202215/05/202312/06/2023DutchPDF
Full model31/12/202116/05/202227/06/2022DutchPDF
Consolidated accounts31/12/202116/05/202227/06/2022DutchPDF
Full model31/12/202017/05/202114/06/2021DutchPDF
Consolidated accounts31/12/202001/01/999914/06/2021DutchPDF
Full model31/12/201918/05/202022/06/2020DutchPDF
Consolidated accounts31/12/201918/05/202022/06/2020DutchPDF
Full model31/12/201820/05/201928/05/2019DutchPDF
Consolidated accounts31/12/201820/05/201928/05/2019DutchPDF
Full model31/12/201722/05/201811/06/2018DutchPDF
Consolidated accounts31/12/201722/05/201822/06/2018DutchPDF
Full modelCorrection31/12/201615/05/201730/01/2018DutchPDF
Full model31/12/201615/05/201719/05/2017DutchPDF
Consolidated accounts31/12/201615/05/201719/05/2017DutchPDF
Full model31/12/201517/05/201603/06/2016DutchPDF
Consolidated accounts31/12/201517/05/201603/06/2016DutchPDF
Full model31/12/201418/05/201523/06/2015DutchPDF
Consolidated accounts31/12/201418/05/201523/06/2015DutchPDF
Full model31/12/201319/05/201418/06/2014DutchPDF
Consolidated accounts31/12/201319/05/201418/06/2014DutchPDF
Full model31/12/201221/05/201327/06/2013DutchPDF
Consolidated accounts31/12/201221/05/201327/06/2013DutchPDF
Full model31/12/201121/05/201228/06/2012DutchPDF
Consolidated accounts31/12/201121/05/201228/06/2012DutchPDF
Full model31/12/201016/05/201106/06/2011DutchPDF
Consolidated accounts31/12/201016/05/201106/06/2011DutchPDF
Full model31/12/200917/05/201017/06/2010DutchPDF
Consolidated accounts31/12/200917/05/201017/06/2010DutchPDF
Full model31/12/200818/05/200911/06/2009DutchPDF
Consolidated accounts31/12/200818/05/200912/06/2009DutchPDF
Full model31/12/200719/05/200811/06/2008DutchPDF
Consolidated accounts31/12/200701/01/999912/06/2008DutchPDF
Full model31/12/200621/05/200714/06/2007DutchPDF
Consolidated accounts31/12/200621/05/200718/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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

9 active · 47 ended

Active mandates

Hannelore Walcarius

Director · since 21 mai 2024 · until 20 mai 2030

Active
Michel De Ridder

Director · since 21 mai 2024 · until 20 mai 2030

Active
Klaas Debruyne

Director · since 12 mai 2024 · until 20 mai 2030

Active
ARISTO

Chairman of the board of directors · since 16 mai 2022 · until 16 mai 2028 · 0434.718.564

Represented by Frank Coene

Active
Eric Van Nueten

Director · since 16 mai 2022 · until 15 mai 2028

Active
Nicolas Meuwissen

Director · since 16 mai 2022 · until 18 mai 2028

Active
Kathleen Vermylen

Director · since 17 mai 2021 · until 18 mai 2027

Active
ALEXO

Managing director · since 15 septembre 2020 · until 18 mai 2026 · 0870.896.286

Represented by Olivier Delaere

Active
Johan Lamoot

Director · since 18 mai 2020 · until 18 mai 2026

Active

Ended mandates

Klaas Debruyne

Director · since 21 mai 2024 · until 20 mai 2030

Ended
Eric Van Nueten

Director · since 16 mai 2022 · until 16 mai 2028

Ended
Nicolas Meuwissen

Director · since 16 mai 2022 · until 16 mai 2028

Ended
Kathleen Vermylen

Director · since 17 mai 2021 · until 17 mai 2027

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates28/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other06/07/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates14/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring08/10/2021
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring08/10/2021
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates08/07/2021
    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 20254,4 M €↑
  2. 19/05/2025
    reconductionMOORE AUDIT — commissaris
  3. 2024
    Annual accounts 20244,2 M €↓
  4. 21/05/2024
    reconductionKlaas Debruyne — bestuurder
  5. 21/05/2024
    reconductionMichel De Ridder — bestuurder
  6. 21/05/2024
    reconductionHannelore Walcarius — bestuurder
  7. 2023
    Annual accounts 20237,3 M €↑
  8. 2022
    Annual accounts 20221 M €↓
  9. 16/05/2022
    reconductionEric Van Nueten — bestuurder
  10. 16/05/2022
    nominationNicolas Meuwissen — bestuurder
  11. 16/05/2022
    nominationAristo BV — bestuurder
  12. 16/05/2022
    reconductionMoore Audit BV — commissaris
  13. 2021
    Annual accounts 20217 M €↑
  14. 2020
    Annual accounts 20204,8 M €↑
  15. 2019
    Annual accounts 20194,4 M €↓
  16. 2018
    Annual accounts 20187,4 M €↑
  17. 2017
    Annual accounts 20173,7 M €↓
  18. 2016
    Annual accounts 20168,7 M €↓
  19. 2015
    Annual accounts 20159,6 M €↓
  20. 2014
    Annual accounts 201413,1 M €↑
  21. 2013
    Annual accounts 201312,8 M €↑
  22. 2012
    Annual accounts 201212,6 M €↓
  23. 2011
    Annual accounts 201113,6 M €↑
  24. 2010
    Annual accounts 201013,5 M €↑
  25. 2009
    Annual accounts 200910,2 M €↓
  26. 2008
    Annual accounts 200810,4 M €↑
  27. 2007
    Annual accounts 20077,9 M €↑
  28. 2006
    Annual accounts 20066,5 M €
  29. 11/09/1996
    IncorporationCooperative society