ACTIVE

VAN LAETHEM

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Financial year 2025 · closed on 31/12/2025

Net result

11,4 k €

-60.1% YoY

Gross margin

35,3 k €

-58.1% YoY

Equity

189 k €

-16.2% YoY

What does VAN LAETHEM do?

VAN LAETHEM is a Private limited company incorporated in 1999. Its main activity is: Painting and glazing. Its registered office is in Denderleeuw.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0466.469.832

Incorporation

07/07/1999

Legal form

Private limited company

Registered office

Broekstraat 8
9473 Denderleeuw · FlandreSee on map

Contributed capital

6 200,02 €

Latest accounts

31/12/2025

Activities (NACE)

43341Painting and glazing· main 43341Painting and glazing 45441Sale, maintenance and repair of motorcycles and related parts and accessories 47530Retail sale of carpets, rugs, wall and floor coverings in specialised stores 47530Retail sale of carpets, rugs, wall and floor coverings in specialised stores 52486Warehousing and support activities for transportation

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	35,3 k €	-58.1%	84,2 k €	+68.9%	49,9 k €	-27.1%	68,4 k €	+108%	33 k €	+272%	8,9 k €	-91.9%	109 k €	+23.5%	88,2 k €	-39.9%	146,9 k €	-1.0%	148,3 k €	-34.0%	224,8 k €	-16.9%	270,5 k €	+34.5%	201,1 k €	+34.1%	149,9 k €	+9.3%	137,2 k €	+7.0%	128,2 k €	+17.1%	109,5 k €	+0.6%	108,8 k €	+51.1%	72 k €	-13.0%	82,8 k €
EBITDA	34,9 k €	-43.8%	62,2 k €	+25.9%	49,4 k €	-26.4%	67,1 k €	+116%	31,1 k €	+269%	8,4 k €	-90.1%	85,3 k €	+534%	13,5 k €	-64.1%	37,5 k €	-7.3%	40,4 k €	+20.8%	33,5 k €	-46.7%	62,8 k €	+27.3%	49,3 k €	+32.0%	37,4 k €	-13.9%	43,4 k €	+16.0%	37,4 k €	+15.7%	32,3 k €	-19.4%	40,1 k €	+24.2%	32,3 k €	+84.5%	17,5 k €
Operating result	16,6 k €	-58.4%	39,9 k €	+49.7%	26,6 k €	-40.9%	45,1 k €	+450%	8,2 k €	-13.2%	9,4 k €	-82.1%	52,7 k €	+688%	6,7 k €	-43.5%	11,8 k €	-27.6%	16,3 k €	+129%	7,1 k €	-74.0%	27,5 k €	+210%	8,9 k €	+43.1%	6,2 k €	-28.9%	8,7 k €	+46.6%	6 k €	-36.7%	9,4 k €	-60.4%	23,8 k €	+17.4%	20,3 k €	+159%	7,8 k €
Net result	11,4 k €	-60.1%	28,7 k €	+48.5%	19,3 k €	-39.8%	32,1 k €	+601%	4,6 k €	-33.2%	6,8 k €	-81.6%	37,1 k €	+804%	4,1 k €	-38.1%	6,6 k €	-34.4%	10,1 k €	+165%	3,8 k €	-75.5%	15,6 k €	+803%	1,7 k €	-25.6%	2,3 k €	+5.2%	2,2 k €	-47.3%	4,2 k €	+7.2%	3,9 k €	-75.0%	15,6 k €	+8.9%	14,3 k €	+162%	5,5 k €
Balance sheet
Equity	189 k €	-16.2%	225,6 k €	+7.2%	210,6 k €	+10.1%	191,3 k €	+20.2%	159,2 k €	+3.0%	154,6 k €	+4.6%	147,7 k €	+33.6%	110,6 k €	+2.3%	108,1 k €	+5.7%	102,3 k €	+11.0%	92,1 k €	+4.3%	88,3 k €	+21.5%	72,7 k €	+2.4%	70,9 k €	+3.4%	68,6 k €	+3.3%	66,4 k €	+6.7%	62,2 k €	+6.7%	58,3 k €	+36.6%	42,7 k €	+50.6%	28,3 k €
Total assets	279,8 k €	+9.1%	256,5 k €	+4.4%	245,8 k €	+4.1%	236,2 k €	-7.6%	255,6 k €	+2.5%	249,4 k €	-9.3%	274,8 k €	+11.4%	246,7 k €	+40.0%	176,2 k €	+9.5%	160,9 k €	-10.1%	179 k €	-10.4%	199,7 k €	-5.8%	212 k €	-0.8%	213,7 k €	-1.5%	216,9 k €	-5.4%	229,4 k €	-5.6%	243 k €	+19.1%	204 k €	+78.7%	114,1 k €	+20.9%	94,4 k €
Cash	92,3 k €	+130%	40,2 k €	+31.2%	30,6 k €	-59.1%	75 k €	+50.4%	49,8 k €	+42.9%	34,9 k €	-66.5%	104 k €	+4.6%	99,4 k €	+15.0%	86,5 k €	+62.5%	53,2 k €	-18.6%	65,4 k €	+50.3%	43,5 k €	+107%	21 k €	-9.8%	23,3 k €	-1.3%	23,6 k €	-28.6%	33,1 k €	-24.5%	43,8 k €	+2.7%	42,7 k €	-22.4%	55 k €	+12.0%	49,2 k €
Debts	90,8 k €	+194%	30,9 k €	-12.3%	35,3 k €	-20.5%	44,4 k €	-54.0%	96,5 k €	+1.8%	94,8 k €	-13.7%	109,8 k €	+57.1%	69,9 k €	+2.6%	68,1 k €	+19.9%	56,8 k €	-34.1%	86,3 k €	-22.6%	111,4 k €	-20.1%	139,4 k €	-2.4%	142,8 k €	-3.7%	148,3 k €	-9.0%	163 k €	-9.6%	180,3 k €	+23.8%	145,7 k €	+104%	71,5 k €	+8.2%	66 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		3,7 ETP	+8.8%	3,4 ETP	+3.0%	3,3 ETP	-2.9%	3,4 ETP	+13.3%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	-3.2%	3,1 ETP	+40.9%	2,2 ETP	+10.0%	2,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

Jessy Sonck

Director · since 01 décembre 2024

Active

Filip Van Laethem

Director · since 20 septembre 2005

Active

Ended mandates

JESSY SONCK

Manager · since 01 juillet 2007

Ended

Christiane Vijverman

Manager

Ended

FILIP VAN LAETHEM

Manager

Ended

JESSY SONCK

Manager

Ended

Annual accounts

Full financial information

	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	28/08/2026	18/08/2025	03/07/2024	11/07/2023	18/07/2022	31/08/2021
General meeting	06/06/2026	28/06/2025	01/06/2024	03/06/2023	25/06/2022	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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	06/06/2026	28/08/2026	Dutch	PDF
Micro model	31/12/2024	28/06/2025	18/08/2025	Dutch	PDF
Micro model	31/12/2023	01/06/2024	03/07/2024	Dutch	PDF
Micro model	31/12/2022	03/06/2023	11/07/2023	Dutch	PDF
Micro model	31/12/2021	25/06/2022	18/07/2022	Dutch	PDF
Micro model	31/12/2020	30/06/2021	31/08/2021	Dutch	PDF
Micro model	31/12/2019	30/06/2020	22/10/2020	Dutch	PDF
Micro model	31/12/2018	22/06/2019	12/07/2019	Dutch	PDF
Micro model	31/12/2017	02/06/2018	31/08/2018	Dutch	PDF
Micro model	31/12/2016	03/06/2017	21/06/2017	Dutch	PDF
Abridged model	31/12/2015	04/06/2016	29/06/2016	Dutch	PDF
Abridged model	31/12/2014	06/06/2015	18/06/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	15/07/2014	Dutch	PDF
Abridged model	31/12/2012	08/06/2013	14/06/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2010	11/06/2011	20/06/2011	Dutch	PDF
Abridged model	31/12/2009	12/06/2010	17/06/2010	Dutch	PDF
Abridged model	31/12/2008	13/06/2009	27/07/2009	Dutch	PDF
Abridged model	31/12/2007	30/04/2008	30/04/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	19/07/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

Jessy Sonck

Director · since 01 décembre 2024

Active

Filip Van Laethem

Director · since 20 septembre 2005

Active

Ended mandates

JESSY SONCK

Manager · since 01 juillet 2007

Ended

Christiane Vijverman

Manager

Ended

FILIP VAN LAETHEM

Manager

Ended

JESSY SONCK

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/06/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/02/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/11/2007
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/08/2007
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/10/2005
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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

2025
Annual accounts 202511,4 k €↓
2024
Annual accounts 202428,7 k €↑
2023
Annual accounts 202319,3 k €↓
2022
Annual accounts 202232,1 k €↑
2021
Annual accounts 20214,6 k €↓
2020
Annual accounts 20206,8 k €↓
2019
Annual accounts 201937,1 k €↑
2018
Annual accounts 20184,1 k €↓
2017
Annual accounts 20176,6 k €↓
2016
Annual accounts 201610,1 k €↑
2015
Annual accounts 20153,8 k €↓
2014
Annual accounts 201415,6 k €↑
2013
Annual accounts 20131,7 k €↓
2012
Annual accounts 20122,3 k €↑
2011
Annual accounts 20112,2 k €↓
2010
Annual accounts 20104,2 k €↑
2009
Annual accounts 20093,9 k €↓
2008
Annual accounts 200815,6 k €↑
2007
Annual accounts 200714,3 k €↑
2006
Annual accounts 20065,5 k €
07/07/1999
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

VAN LAETHEM

Overview

What does VAN LAETHEM do?

Trend over 20 financial years

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