ACTIVE

Trappen Demunster

Financial year 2025 · Closed on 31/12/2025

Net result795,8 k €-37,4 %over 1 year
Gross margin3,4 M €-10,6 %over 1 year
Equity3,7 M €-22,4 %over 1 year
Workforce29,5 ETP-1,3 %over 1 year

Identity

Source · BCE/KBO

Trappen Demunster is a Private limited company incorporated in 2015. Its main activity is: Joinery installation. Its registered office is in Kortrijk. It employs on average 29,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0638.985.520
Incorporation
29/09/2015
Legal form
Private limited company
Registered office
Waterven(Heu) 6
8501 Kortrijk · FlandreSee on map
Contributed capital
65 000,00 €
Latest accounts
31/12/2025
Average workforce
29,5 ETP
Joint committees (2)
  • 124
  • 200
Contacts
3 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 11 filings

Trend over 10 financial years

20252024202320222021
Income statement
Gross margin3,4 M €3,8 M €4,4 M €3,7 M €3,7 M €
EBITDA1,2 M €1,7 M €2,1 M €1,6 M €1,7 M €
Operating result900,8 k €1,5 M €1,8 M €1,2 M €1,3 M €
Net result795,8 k €1,3 M €1,6 M €1,1 M €1,2 M €
Balance sheet
Equity3,7 M €4,8 M €4,2 M €4,1 M €3,7 M €
Total assets4,6 M €6,5 M €5,9 M €5,3 M €5,4 M €
Cash978,2 k €2,5 M €1,3 M €803,3 k €1,1 M €
Debts889,1 k €1,8 M €1,7 M €1,1 M €1,7 M €
Other
Workforce29,5 ETP29,9 ETP34,6 ETP35,6 ETP36,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 5 ended

Active mandates

LES RASCASSES

Director · 0668.526.770

Represented by Valerie De Volder

Active
Lieven Demunster

Director

Active

Ended mandates

LES RASCASSES

Director · since 03 janvier 2017 · 0668.526.770

Represented by Valerie De Volder

Ended
LES RASCASSES

Manager · since 03 janvier 2017 · 0668.526.770

Represented by VALERIE DE VOLDER

Ended
Valerie De Volder

Director · since 28 septembre 2015 · until 05 juin 2020

Ended
LIEVEN DEMUNSTER

Manager

Ended

Other companies at this address

Waterven(Heu) 6 8501 Kortrijk
CompanyCBE no.
DEMUNSTER● Active
0643.575.796
DLIC● Active
0821.678.882
0471.386.247

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date08/06/202614/06/202526/06/202413/06/202330/06/202226/07/2021
General meeting05/06/202606/06/202507/06/202402/06/202303/06/202204/06/2021
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, 11 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202608/06/2026DutchPDF
Abridged model31/12/202406/06/202514/06/2025DutchPDF
Abridged model31/12/202307/06/202426/06/2024DutchPDF
Abridged model31/12/202202/06/202313/06/2023DutchPDF
Abridged model31/12/202103/06/202230/06/2022DutchPDF
Abridged model31/12/202004/06/202126/07/2021DutchPDF
Abridged model31/12/201905/06/202031/08/2020DutchPDF
Abridged model31/12/201807/06/201930/08/2019DutchPDF
Abridged model31/12/201701/06/201830/08/2018DutchPDF
Abridged model31/12/201602/06/201731/08/2017DutchPDF
Abridged model31/12/201503/06/201625/07/2016DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 5 ended

Active mandates

LES RASCASSES

Director · 0668.526.770

Represented by Valerie De Volder

Active
Lieven Demunster

Director

Active

Ended mandates

LES RASCASSES

Director · since 03 janvier 2017 · 0668.526.770

Represented by Valerie De Volder

Ended
LES RASCASSES

Manager · since 03 janvier 2017 · 0668.526.770

Represented by VALERIE DE VOLDER

Ended
Valerie De Volder

Director · since 28 septembre 2015 · until 05 juin 2020

Ended
LIEVEN DEMUNSTER

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates29/08/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/09/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/03/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other10/10/2016
    DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other01/10/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025795,8 k €↓
  2. 2024
    Annual accounts 20241,3 M €↓
  3. 2023
    Annual accounts 20231,6 M €↑
  4. 2022
    Annual accounts 20221,1 M €↓
  5. 2021
    Annual accounts 20211,2 M €↑
  6. 2020
    Annual accounts 2020773,5 k €↑
  7. 2019
    Annual accounts 2019695,5 k €↑
  8. 2018
    Annual accounts 2018519,1 k €↑
  9. 2017
    Annual accounts 2017316,1 k €↑
  10. 2016
    Annual accounts 2016212,5 k €
  11. 29/09/2015
    IncorporationPrivate limited company