The Veneer
0679.599.519 · rovalta.com · 25/09/2026
ACTIVE
The Veneer
Financial year 2025 · Closed on 31/12/2025
Net result515,1 k €-89,8 %over 1 year
Revenue1,7 M €+3,0 %over 1 year
Equity42,9 M €-10,2 %over 1 year
Workforce0,9 ETP-52,6 %over 1 year
Overview
Identity
Source · BCE/KBOThe Veneer is a Public limited company incorporated in 2017. Its main activity is: Activities of holding companies. Its registered office is in Menen. It employs on average 0,9 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0679.599.519
- Incorporation
- 24/07/2017
- Legal form
- Public limited company
- Registered office
- Lageweg 33
8930 Menen · FlandreSee on map - Contributed capital
- 18 254 405,70 €
- Latest accounts
- 31/12/2025
- Average workforce
- 0,9 ETP
Joint committees (1)
- 200
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Financials
Source · NBB, 17 filingsTrend over 8 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 1,7 M € | +3.0% | 1,7 M € | +6.7% | 1,6 M € | +6.9% | 1,5 M € | -11.8% | 1,7 M € |
| EBITDA | 693,1 k € | +78.3% | 388,8 k € | +218% | -329,7 k € | +62.6% | -881,8 k € | -75.7% | -501,8 k € |
| Operating result | 693,1 k € | +78.3% | 388,8 k € | +218% | -329,7 k € | +62.6% | -881,8 k € | -75.7% | -501,8 k € |
| Net result | 515,1 k € | -89.8% | 5,1 M € | -78.7% | 23,7 M € | +2889% | -851,1 k € | -122% | 3,8 M € |
| Balance sheet | |||||||||
| Equity | 42,9 M € | -10.2% | 47,8 M € | +1.4% | 47,1 M € | +69.7% | 27,8 M € | -15.9% | 33 M € |
| Total assets | 49 M € | -26.9% | 67 M € | +3.1% | 65 M € | +19.6% | 54,4 M € | +4.1% | 52,2 M € |
| Cash | 183,3 k € | -80.8% | 954,9 k € | -8.7% | 1 M € | -21.4% | 1,3 M € | +242% | 388,7 k € |
| Debts | 6,1 M € | -68.2% | 19,2 M € | +7.4% | 17,9 M € | -32.6% | 26,6 M € | +38.3% | 19,2 M € |
| Other | |||||||||
| Workforce | 0,9 ETP | -52.6% | 1,9 ETP | 0.0% | 1,9 ETP | -24.0% | 2,5 ETP | -19.4% | 3,1 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/2025Other companies at this address
Lageweg 33 8930 Menen| Company | CBE no. |
|---|---|
DECOSPAN● Active | 0889.710.328 |
decospan groep belgie● Active | 0892.786.614 |
DECOSPAN HOLDING● Active | 0418.850.156 |
D-ESTATE● Active | 0828.631.408 |
D-Services● Active | 1030.022.808 |
D-Warehouse● Active | 0441.768.781 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Consolidated accounts |
| 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 | 14/07/2026 | 18/07/2025 | 11/07/2024 | 12/07/2023 | 11/07/2022 | 15/07/2021 |
| General meeting | 02/07/2026 | 09/07/2025 | 03/07/2024 | 27/06/2023 | 16/06/2022 | 17/06/2021 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for 7 daysAnnual accounts filings
Source · NBB, 17 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 02/07/2026 | 14/07/2026 | Dutch | |
| Full model | 31/12/2024 | 09/07/2025 | 18/07/2025 | Dutch | |
| Consolidated accounts | 31/12/2024 | 09/07/2025 | 18/07/2025 | Dutch | |
| Full model | 31/12/2023 | 03/07/2024 | 11/07/2024 | Dutch | |
| Consolidated accounts | 31/12/2023 | 03/07/2024 | 11/07/2024 | Dutch | |
| Full model | 31/12/2022 | 27/06/2023 | 12/07/2023 | Dutch | |
| Consolidated accounts | 31/12/2022 | 27/06/2023 | 12/07/2023 | Dutch | |
| Full model | 31/12/2021 | 16/06/2022 | 11/07/2022 | Dutch | |
| Consolidated accounts | 31/12/2021 | 16/06/2022 | 11/07/2022 | Dutch | |
| Full model | 31/12/2020 | 17/06/2021 | 13/07/2021 | Dutch | |
| Consolidated accounts | 31/12/2020 | 17/06/2021 | 15/07/2021 | Dutch | |
| Full model | 31/12/2019 | 22/06/2020 | 07/07/2020 | Dutch | |
| Consolidated accounts | 31/12/2019 | 22/06/2020 | 07/07/2020 | Dutch | |
| Full model | 31/12/2018 | 24/06/2019 | 23/07/2019 | Dutch | |
| Consolidated accounts | 31/12/2018 | 24/06/2019 | 23/07/2019 | Dutch | |
| Full model | 31/12/2017 | 27/06/2018 | 20/07/2018 | Dutch | |
| Consolidated accounts | 31/12/2017 | 27/06/2018 | 20/07/2018 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 1 M€ and 2,5 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/2025Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates02/06/2025ONTSLAGEN - BENOEMINGEN
- Mandates14/08/2024ONTSLAGEN - BENOEMINGEN
- Other16/11/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates27/03/2023ONTSLAGEN - BENOEMINGEN
- Mandates08/03/2022ONTSLAGEN - BENOEMINGEN
- Mandates27/09/2021ONTSLAGEN - BENOEMINGEN
- Mandates20/07/2021ONTSLAGEN - BENOEMINGEN
- Mandates18/02/2021ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025515,1 k €↓
- 01/01/2025nominationMarieke Desmet — vaste vertegenwoordiger van BV DEMA Invest
- 01/01/2025nominationSilke Desmet — vaste vertegenwoordiger van BV MALEXIS
- 01/01/2025nominationTom Desmet — vaste vertegenwoordiger van BV TODECOM
- 2024Annual accounts 20245,1 M €↓
- 03/07/2024reconductionNV CALLENS VANDELANOTTE — commissaris
- 2023Annual accounts 202323,7 M €↑
- 01/04/2023nominationLuc Truyens — vaste vertegenwoordiger van de CommV Cedmat
- 01/01/2023reconductionChristophe Degrez — vaste vertegenwoordiger van de BV CNVision
- 01/01/2023reconductionGeert Roelens — vaste vertegenwoordiger van de BV ELEMGA
- 01/01/2023nominationPieter Desmet — vaste vertegenwoordiger van de BV LURINVEST
- 01/01/2023nominationMarc Desmet — vaste vertegenwoordiger van de BV TODECOM
- 2022Annual accounts 2022-851,1 k €↓
- 2021Annual accounts 20213,8 M €↑
- 2020Annual accounts 2020525,7 k €↓
- 2019Annual accounts 20199,4 M €↑
- 2018Annual accounts 20181,6 M €
- 24/07/2017IncorporationPublic limited company