ACTIVE

FHEMACO

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Financial year 2025 · closed on 31/12/2025

Net result

-7,5 k €

+64.3% YoY

Gross margin

-6,8 k €

+66.2% YoY

Equity

174,5 k €

-4.1% YoY

What does FHEMACO do?

FHEMACO is a Public limited company incorporated in 2014. Its main activity is: Wholesale of furniture, carpets and lighting equipment. Its registered office is in Houthalen-Helchteren.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0565.941.550

Incorporation

25/10/2014

Legal form

Public limited company

Registered office

Binnenvaartstraat 13
3530 Houthalen-Helchteren · FlandreSee on map

Contributed capital

75 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

46471Wholesale of furniture, carpets and lighting equipment· main 46471Wholesale of furniture, carpets and lighting equipment 47551Retail sale of other household equipment in specialised stores 47591Retail sale of furniture, lighting equipment and other household articles in specialised stores

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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	-6,8 k €	+66.2%	-20,3 k €	-588%	-2,9 k €	-116%	18,8 k €	-34.2%	28,5 k €	+52.2%	18,7 k €	-37.3%	29,9 k €	+11.2%	26,9 k €	-19.6%	33,4 k €	-32.3%	49,3 k €	+129%	21,5 k €
EBITDA	-7,4 k €	+64.5%	-20,8 k €	-496%	-3,5 k €	-120%	17,6 k €	-35.9%	27,5 k €	+54.9%	17,7 k €	-38.5%	28,9 k €	+11.6%	25,9 k €	-20.4%	32,5 k €	-33.5%	48,9 k €	+155%	19,1 k €
Operating result	-7,4 k €	+64.5%	-20,8 k €	-496%	-3,5 k €	-120%	17,6 k €	-35.9%	27,5 k €	+54.9%	17,7 k €	-38.5%	28,9 k €	+11.6%	25,9 k €	-20.4%	32,5 k €	-33.5%	48,9 k €	+155%	19,1 k €
Net result	-7,5 k €	+64.3%	-20,9 k €	-484%	-3,6 k €	-128%	12,6 k €	-33.7%	19,1 k €	+44.4%	13,2 k €	-24.4%	17,4 k €	+16.3%	15 k €	-11.7%	17 k €	-38.5%	27,6 k €	+194%	9,4 k €
Balance sheet
Equity	174,5 k €	-4.1%	181,9 k €	-10.3%	202,8 k €	-1.7%	206,4 k €	+6.5%	193,8 k €	+10.9%	174,7 k €	+8.2%	161,5 k €	+12.1%	144 k €	+11.6%	129 k €	+15.2%	112 k €	+32.8%	84,4 k €
Total assets	756,3 k €	-0.1%	757,1 k €	-0.6%	761,8 k €	-0.4%	764,6 k €	+0.1%	763,6 k €	-1.0%	771,1 k €	+1.4%	760,7 k €	+0.2%	759,3 k €	+0.5%	755,5 k €	-1.0%	763,5 k €	-2.1%	780,1 k €
Cash	4,7 €	-97.0%	157,5 €	-95.6%	3,6 k €	-29.0%	5 k €	-33.8%	7,6 k €	-19.4%	9,4 k €	+244%	2,7 k €	+207%	889,1 €	+344%	200,2 €	-97.3%	7,5 k €	+91.6%	3,9 k €
Debts	581,9 k €	+1.2%	575,2 k €	+2.9%	559 k €	+0.1%	558,2 k €	-2.0%	569,8 k €	-4.4%	596,3 k €	-0.5%	599 k €	-2.6%	614,9 k €	-1.8%	626,1 k €	-3.8%	651 k €	-6.4%	695,1 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 18 ended

Active mandates

Erdal Ünlüsoy

Director · since 05 mars 2016 · until 17 juin 2028

Active

Erkan Ünlüsoy

Director · since 05 mars 2016 · until 17 juin 2028

Active

Mustafa Ünlüsoy

Director · since 05 mars 2016 · until 17 juin 2028

Active

Ended mandates

Erdal Ünlüsoy

Director · since 05 mars 2016 · until 16 juin 2022

Ended

Erdal Ünlüsoy

Director · since 05 mars 2016 · until 17 juin 2022

Ended

Erdal Ünlüsoy

Managing director · since 05 mars 2016 · until 16 juin 2022

Ended

Erkan Ünlüsoy

Director · since 05 mars 2016 · until 16 juin 2022

Ended

At this address

Other companies at this address

Company	CBE no.
MEUBELEN VANGENEUGDEN● Active	0412.850.707

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	29/06/2026	23/06/2025	30/07/2024	13/07/2023	27/06/2022	22/06/2021
General meeting	19/06/2026	20/06/2025	21/06/2024	16/06/2023	17/06/2022	18/06/2021
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

11 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	19/06/2026	29/06/2026	Dutch	PDF
Abridged model	31/12/2024	20/06/2025	23/06/2025	Dutch	PDF
Abridged model	31/12/2023	21/06/2024	30/07/2024	Dutch	PDF
Abridged model	31/12/2022	16/06/2023	13/07/2023	Dutch	PDF
Abridged model	31/12/2021	17/06/2022	27/06/2022	Dutch	PDF
Abridged model	31/12/2020	18/06/2021	22/06/2021	Dutch	PDF
Abridged model	31/12/2019	19/06/2020	26/06/2020	Dutch	PDF
Micro model	31/12/2018	21/06/2019	19/07/2019	Dutch	PDF
Abridged model	31/12/2017	15/06/2018	11/07/2018	Dutch	PDF
Abridged model	31/12/2016	16/06/2017	11/07/2017	Dutch	PDF
Abridged model	31/12/2015	17/06/2016	15/07/2016	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 3 active · 18 ended

Active mandates

Erdal Ünlüsoy

Director · since 05 mars 2016 · until 17 juin 2028

Active

Erkan Ünlüsoy

Director · since 05 mars 2016 · until 17 juin 2028

Active

Mustafa Ünlüsoy

Director · since 05 mars 2016 · until 17 juin 2028

Active

Ended mandates

Erdal Ünlüsoy

Director · since 05 mars 2016 · until 16 juin 2022

Ended

Erdal Ünlüsoy

Director · since 05 mars 2016 · until 17 juin 2022

Ended

Erdal Ünlüsoy

Managing director · since 05 mars 2016 · until 16 juin 2022

Ended

Erkan Ünlüsoy

Director · since 05 mars 2016 · until 16 juin 2022

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/05/2017
ONTSLAGEN - BENOEMINGEN
PDF
Registered office04/05/2016
MAATSCHAPPELIJKE ZETEL
PDF
Mandates19/04/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/07/2015
ONTSLAGEN - BENOEMINGEN
PDF
Other29/10/2014
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025-7,5 k €↑
2024
Annual accounts 2024-20,9 k €↓
2023
Annual accounts 2023-3,6 k €↓
2022
Annual accounts 202212,6 k €↓
2021
Annual accounts 202119,1 k €↑
2020
Annual accounts 202013,2 k €↓
2019
Annual accounts 201917,4 k €↑
2018
Annual accounts 201815 k €↓
2017
Annual accounts 201717 k €↓
2016
Annual accounts 201627,6 k €↑
2015
Annual accounts 20159,4 k €
25/10/2014
IncorporationPublic 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

FHEMACO

Overview

What does FHEMACO 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