ACTIVE

De Voeg

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Financial year 2025 · closed on 31/12/2025

Net result

64,6 k €

-69.2% YoY

Gross margin

195,8 k €

-35.2% YoY

Equity

338,8 k €

-20.1% YoY

Workforce

1,5 ETP

What does De Voeg do?

De Voeg is a Private limited company incorporated in 2014. Its main activity is: Roofing activities. Its registered office is in Wortegem-Petegem. It employs on average 1,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0505.933.291

Incorporation

04/12/2014

Legal form

Private limited company

Registered office

Clemmenstraat (P.) 2 box 3C
9790 Wortegem-Petegem · Flandre

Contributed capital

18 550,00 €

Latest accounts

31/12/2025

Average workforce

1,5 ETP

Activities (NACE)

43910Roofing activities· main 43992Other specialised construction activities n.e.c.81220Other building and industrial cleaning activities 43422Specialised construction activities 43910Roofing activities 43990Other specialised construction activities n.e.c.+3

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 11 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015
Income statement
Gross margin	195,8 k €	-35.2%	302,1 k €	+16.6%	259,1 k €	-2.3%	265,1 k €	+42.4%	186,2 k €	+37.9%	135 k €	+14.3%	118,1 k €	+35.1%	87,4 k €	+16.7%	74,9 k €	+8.4%	69,1 k €	+0.7%	68,6 k €
EBITDA	129,2 k €	-56.9%	299,4 k €	+17.1%	255,8 k €	-2.7%	262,8 k €	+43.2%	183,5 k €	+40.0%	131 k €	+14.9%	114,1 k €	+33.3%	85,6 k €	+16.8%	73,3 k €	+7.1%	68,4 k €	+1.1%	67,7 k €
Operating result	94,4 k €	-65.0%	269,6 k €	+28.6%	209,6 k €	-4.6%	219,6 k €	+47.1%	149,3 k €	+33.9%	111,5 k €	+23.2%	90,5 k €	+28.9%	70,2 k €	+16.8%	60,1 k €	-0.8%	60,6 k €	+4.9%	57,7 k €
Net result	64,6 k €	-69.2%	209,9 k €	+35.8%	154,5 k €	-3.5%	160,1 k €	+28.0%	125,1 k €	+48.3%	84,3 k €	+7.7%	78,3 k €	+39.2%	56,3 k €	+31.8%	42,7 k €	-1.7%	43,4 k €	+18.5%	36,6 k €
Balance sheet
Equity	338,8 k €	-20.1%	424,2 k €	-0.8%	427,8 k €	+38.0%	309,9 k €	+14.9%	269,9 k €	+24.9%	216 k €	+64.0%	131,7 k €	+12.3%	117,3 k €	-16.7%	140,8 k €	+43.5%	98,1 k €	+77.7%	55,2 k €
Total assets	1,3 M €	+33.4%	937,4 k €	+4.6%	896 k €	+4.6%	856,3 k €	+6.3%	805,2 k €	+81.3%	444,2 k €	+4.4%	425,7 k €	+135%	181,3 k €	+9.7%	165,3 k €	+43.2%	115,4 k €	+77.1%	65,2 k €
Cash	108,6 k €	-41.0%	184,1 k €	-27.5%	254 k €	-12.8%	291,3 k €	+64.9%	176,7 k €	+18.8%	148,8 k €	-8.8%	163,1 k €	+51.0%	108 k €	+79.7%	60,1 k €	-3.2%	62,1 k €	+115%	28,8 k €
Debts	909,1 k €	+78.1%	510,3 k €	+9.7%	465,4 k €	-14.4%	543,7 k €	+2.6%	530,1 k €	+135%	225,9 k €	-22.7%	292,1 k €	+369%	62,3 k €	+172%	22,9 k €	+32.3%	17,3 k €	+73.3%	10 k €
Other
Workforce	1,5 ETP		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Gbuur

Director · since 03 avril 2024 · 1005.903.262

Represented by Marc Lanneau

Active

Ended mandates

Laurens Vanneste

Director · until 03 avril 2024

Ended

Laurens Vanneste

Director

Ended

Laurens Vanneste

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Gbuur● Active	1005.903.262
P.V.S. Electronic Developments● Active	0866.983.228
TR Poorten● Active	0878.228.496
TR Poorten Service● Active	0743.947.933
Vereniging van medeëigenaars van REEL PARK te 9790 WORTEGEM-PETEGEM, PETEGEM-AAN-DE-SCHELDE, Clemmenstraat 2● Active	0711.840.339

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged 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	25/08/2026	29/08/2025	28/03/2024	25/08/2023	01/07/2022	16/09/2021
General meeting	19/08/2026	22/08/2025	28/03/2024	22/08/2023	17/06/2022	06/09/2021
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

12 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	19/08/2026	25/08/2026	Dutch	PDF
Abridged model	31/12/2024	22/08/2025	29/08/2025	Dutch	PDF
Micro model	31/12/2023	28/03/2024	28/03/2024	Dutch	PDF
Micro modelCorrection	31/12/2022	22/08/2023	25/08/2023	Dutch	PDF
Micro model	31/12/2022	22/08/2023	22/08/2023	Dutch	PDF
Micro model	31/12/2021	17/06/2022	01/07/2022	Dutch	PDF
Micro model	31/12/2020	06/09/2021	16/09/2021	Dutch	PDF
Micro model	31/12/2019	19/06/2020	16/07/2020	Dutch	PDF
Micro model	31/12/2018	21/06/2019	09/07/2019	Dutch	PDF
Micro model	31/12/2017	15/06/2018	27/08/2018	Dutch	PDF
Micro model	31/12/2016	16/06/2017	17/08/2017	Dutch	PDF
Abridged model	31/12/2015	17/06/2016	05/08/2016	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 1 active · 3 ended

Active mandates

Gbuur

Director · since 03 avril 2024 · 1005.903.262

Represented by Marc Lanneau

Active

Ended mandates

Laurens Vanneste

Director · until 03 avril 2024

Ended

Laurens Vanneste

Director

Ended

Laurens Vanneste

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other07/07/2025
BENAMING
PDF
Mandates07/05/2024
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Other03/10/2019
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office27/09/2019
SIEGE SOCIAL - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Other08/12/2014
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 202564,6 k €↓
2024
Annual accounts 2024209,9 k €↑
2024
Name changeDE VOEG
2023
Annual accounts 2023154,5 k €↓
2022
Annual accounts 2022160,1 k €↑
2021
Annual accounts 2021125,1 k €↑
2021
Name changeELASTISCHE VOEGWERKEN
2020
Annual accounts 202084,3 k €↑
2019
Annual accounts 201978,3 k €↑
2018
Annual accounts 201856,3 k €↑
2017
Annual accounts 201742,7 k €↓
2016
Annual accounts 201643,4 k €↑
2015
Annual accounts 201536,6 k €
04/12/2014
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

De Voeg

Overview

What does De Voeg do?

Trend over 11 financial years

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