ACTIVE

ESPEJO

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Financial year 2025 · closed on 31/12/2025

Net result

-96,4 k €

-77.4% YoY

Gross margin

199,7 k €

+7.2% YoY

Equity

3,8 M €

-2.4% YoY

Workforce

1,3 ETP

0.0% YoY

What does ESPEJO do?

ESPEJO is a Public limited company incorporated in 2016. Its main activity is: Activities of holding companies. Its registered office is in Destelbergen. It employs on average 1,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0656.535.590

Incorporation

09/06/2016

Legal form

Public limited company

Registered office

Schaessestraat 13
9070 Destelbergen · FlandreSee on map

Contributed capital

4 470 000,00 €

Latest accounts

31/12/2025

Average workforce

1,3 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate

Joint committees (2)

200
20000

Signals

Positive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 6 financial years

	2025		2024		2023		2022		2021		2018
Income statement
Gross margin	199,7 k €	+7.2%	186,2 k €	-45.2%	339,6 k €	+7.5%	315,8 k €	+26.8%	249 k €	-27.7%	344,5 k €
EBITDA	101,2 k €	-2.0%	103,3 k €	-56.8%	239,3 k €	+7.2%	223,1 k €	+59.1%	140,3 k €	-45.3%	256,4 k €
Operating result	43,6 k €	-5.1%	45,9 k €	-76.2%	192,9 k €	+6.4%	181,4 k €	+114%	84,6 k €	-53.5%	182,1 k €
Net result	-96,4 k €	-77.4%	-54,4 k €	-172%	76 k €	+181%	-93,5 k €	-401%	-18,6 k €	+78.9%	-88,3 k €
Balance sheet
Equity	3,8 M €	-2.4%	3,9 M €	-1.4%	4 M €	+1.9%	3,9 M €	-2.3%	4 M €	-5.0%	4,2 M €
Total assets	13,2 M €	+7.8%	12,2 M €	-0.2%	12,3 M €	+0.7%	12,2 M €	+5.1%	11,6 M €	+17.7%	9,8 M €
Cash	26,3 k €	-78.8%	123,9 k €	+32.9%	93,2 k €	-89.6%	895,3 k €	+16.2%	770,3 k €	+1065%	66,1 k €
Debts	6,3 M €	+20.1%	5,3 M €	+0.8%	5,2 M €	+0.4%	5,2 M €	+15.1%	4,5 M €	+77.3%	2,6 M €
Other
Workforce	1,3 ETP	0.0%	1,3 ETP	0.0%	1,3 ETP	-13.3%	1,5 ETP	-6.3%	1,6 ETP	-5.9%	1,7 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 · 4 active · 3 ended

Active mandates

Filip De Spiegeleire

Managing director · since 20 avril 2026 · until 13 juin 2031

Active

Kathia Snick

Director · since 20 avril 2026 · until 13 juin 2031

Active

Thomas De Spiegeleire

Director · since 20 avril 2026 · until 13 juin 2031

Active

Victor De Spiegeleire

Director · since 20 avril 2026 · until 13 juin 2031

Active

Ended mandates

Filip De Spiegeleire

Director · since 26 décembre 2023

Ended

Filip De Spiegeleire

Director · since 07 juin 2016

Ended

Filip De Spiegeleire

Manager · since 07 juin 2016

Ended

At this address

Other companies at this address

Company	CBE no.
Boulangerie Bloch● Active	1029.734.974
Groep Bloch● Active	1013.731.459
Leopold Van de Casserie● Active	0428.836.307

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	24/07/2026	25/07/2025	31/07/2024	31/07/2023	23/08/2022	01/07/2021
General meeting	30/06/2026	30/06/2025	22/07/2024	30/06/2023	26/07/2022	11/06/2021
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

9 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	24/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	25/07/2025	Dutch	PDF
Abridged model	31/12/2023	22/07/2024	31/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	31/07/2023	Dutch	PDF
Abridged model	31/12/2021	26/07/2022	23/08/2022	Dutch	PDF
Abridged model	31/12/2020	11/06/2021	01/07/2021	Dutch	PDF
Abridged model	31/12/2019	12/06/2020	17/06/2020	Dutch	PDF
Abridged model	31/12/2018	14/06/2019	28/06/2019	Dutch	PDF
Abridged model	31/12/2017	22/06/2018	06/07/2018	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 · 4 active · 3 ended

Active mandates

Filip De Spiegeleire

Managing director · since 20 avril 2026 · until 13 juin 2031

Active

Kathia Snick

Director · since 20 avril 2026 · until 13 juin 2031

Active

Thomas De Spiegeleire

Director · since 20 avril 2026 · until 13 juin 2031

Active

Victor De Spiegeleire

Director · since 20 avril 2026 · until 13 juin 2031

Active

Ended mandates

Filip De Spiegeleire

Director · since 26 décembre 2023

Ended

Filip De Spiegeleire

Director · since 07 juin 2016

Ended

Filip De Spiegeleire

Manager · since 07 juin 2016

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Registered office07/05/2026
MAATSCHAPPELIJKE ZETEL
PDF
Restructuring07/05/2026
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Other05/05/2026
WIJZIGING RECHTSVORM
PDF
Restructuring24/02/2026
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates25/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares11/04/2017
KAPITAAL - AANDELEN
PDF
Registered office07/02/2017
MAATSCHAPPELIJKE ZETEL
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 2025-96,4 k €↓
2024
Annual accounts 2024-54,4 k €↓
2023
Annual accounts 202376 k €↑
2022
Annual accounts 2022-93,5 k €↓
2021
Annual accounts 2021-18,6 k €↑
2018
Annual accounts 2018-88,3 k €
09/06/2016
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

ESPEJO

Overview

What does ESPEJO do?

Trend over 6 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