ACTIVE

Grégory DETHIER

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Financial year 2025 · closed on 31/12/2025

Net result

109,8 k €

+332.5% YoY

Gross margin

909 k €

+14.0% YoY

Equity

193,8 k €

+127.7% YoY

Workforce

9,4 ETP

-24.2% YoY

What does Grégory DETHIER do?

Grégory DETHIER is a Private limited company incorporated in 2009. Its main activity is: Painting and glazing. Its registered office is in Malmedy. It employs on average 9,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0809.955.146

Incorporation

20/02/2009

Legal form

Private limited company

Registered office

Avenue de la Libération 1C
4960 Malmedy · WallonieSee on map

Contributed capital

12 400,00 €

Latest accounts

31/12/2025

Average workforce

9,4 ETP

Activities (NACE)

43341Painting and glazing· main 43341Painting and glazing 43332Floor and wall covering 43332Floor and wall covering

Joint committees (2)

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	909 k €	+14.0%	797,7 k €	+4.9%	760,1 k €	-13.9%	883,3 k €	+14.3%	773 k €	-1.9%	788,1 k €	-11.6%	892,1 k €	+6.0%	841,4 k €	+47.7%	569,6 k €	-12.2%	648,9 k €	+19.2%	544,5 k €	-13.7%	630,8 k €	+51.4%	416,8 k €	+10.0%	378,8 k €	+19.5%	317 k €	+29.2%	245,3 k €	+78.6%	137,3 k €
EBITDA	160,2 k €	+2343%	-7,1 k €	-10.6%	-6,5 k €	-110%	62,7 k €	+30.6%	48,1 k €	-33.2%	71,9 k €	-9.3%	79,3 k €	-5.0%	83,5 k €	+284%	-45,3 k €	-171%	63,8 k €	+118%	29,3 k €	-72.1%	104,9 k €	+1592%	6,2 k €	-85.5%	42,8 k €	-45.7%	78,9 k €	+22.0%	64,7 k €	+16.8%	55,4 k €
Operating result	134,4 k €	+488%	-34,6 k €	+17.3%	-41,9 k €	-200%	41,8 k €	+59.1%	26,3 k €	-49.3%	51,9 k €	-9.5%	57,3 k €	-1.5%	58,2 k €	+180%	-72,7 k €	-307%	35,2 k €	+707%	4,4 k €	-94.8%	83,7 k €	+1163%	-7,9 k €	-134%	23,2 k €	-59.4%	57,1 k €	+22.1%	46,8 k €	-3.3%	48,4 k €
Net result	109,8 k €	+332%	-47,2 k €	+5.4%	-49,9 k €	-310%	23,8 k €	+85.4%	12,9 k €	-58.9%	31,2 k €	-14.5%	36,5 k €	-17.8%	44,5 k €	+155%	-80,1 k €	-490%	20,6 k €	+672%	2,7 k €	-96.2%	69,2 k €	+1012%	-7,6 k €	-141%	18,3 k €	-51.6%	37,8 k €	+30.4%	29 k €	-19.2%	35,9 k €
Balance sheet
Equity	193,8 k €	+128%	85,1 k €	-46.8%	160 k €	-25.7%	215,4 k €	+8.2%	199,1 k €	+0.7%	197,8 k €	+17.7%	168,1 k €	+26.3%	133,1 k €	+47.7%	90,1 k €	-47.5%	171,7 k €	+12.4%	152,8 k €	+2.2%	149,5 k €	+38.1%	108,3 k €	-17.9%	131,8 k €	+16.1%	113,5 k €	+49.9%	75,7 k €	+62.1%	46,7 k €
Total assets	452,6 k €	-22.1%	580,9 k €	-6.1%	618,3 k €	-4.7%	648,8 k €	+3.9%	624,4 k €	+9.7%	569,5 k €	-5.4%	602,2 k €	-26.0%	813,9 k €	+39.9%	581,7 k €	-1.0%	587,5 k €	+18.6%	495,5 k €	-8.7%	542,4 k €	+89.5%	286,3 k €	+24.2%	230,6 k €	-8.6%	252,4 k €	+40.2%	180 k €	+72.0%	104,7 k €
Cash	122,1 k €	+35.0%	90,5 k €	-26.0%	122,2 k €	+4.7%	116,7 k €	+172%	42,9 k €	-49.0%	84,1 k €	-20.1%	105,2 k €	+187%	36,7 k €	+189%	12,7 k €	-54.2%	27,7 k €	+56.3%	17,7 k €	-68.1%	55,6 k €	+12.1%	49,6 k €	-40.4%	83,2 k €	-13.8%	96,5 k €	+30.8%	73,8 k €	+103%	36,4 k €
Debts	258,8 k €	-47.5%	493,3 k €	+8.4%	455,2 k €	+5.5%	431,4 k €	+4.0%	414,7 k €	+12.3%	369,3 k €	-14.1%	429,8 k €	-35.1%	662,5 k €	+41.3%	469 k €	+17.6%	398,9 k €	+16.5%	342,3 k €	-12.8%	392,7 k €	+133%	168,2 k €	+72.9%	97,3 k €	-26.6%	132,7 k €	+27.4%	104,1 k €	+79.8%	57,9 k €
Other
Workforce	9,4 ETP	-24.2%	12,4 ETP	-6.8%	13,3 ETP	-7.6%	14,4 ETP	+0.7%	14,3 ETP	-13.3%	16,5 ETP	-4.6%	17,3 ETP	+5.5%	16,4 ETP	+23.3%	13,3 ETP	+1.5%	13,1 ETP	+9.2%	12,0 ETP	-0.8%	12,1 ETP	+18.6%	10,2 ETP	+17.2%	8,7 ETP	+47.5%	5,9 ETP	+3.5%	5,7 ETP	+46.2%	3,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

Christine Müller

Director

Active

Grégory Dethier

Director

Active

Ended mandates

Christine Muller

Administrator - manager · since 11 février 2015

Ended

Christine Muller

Manager · since 11 février 2015

Ended

Christine MULLER

Director · since 11 février 2015

Ended

Grégory Dethier

Director · since 04 février 2009

Ended

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	18/05/2026	08/07/2025	26/04/2024	22/07/2023	20/07/2022	28/06/2021
General meeting	05/05/2026	27/06/2025	25/03/2024	30/06/2023	24/06/2022	25/06/2021
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

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	05/05/2026	18/05/2026	French	PDF
Abridged model	31/12/2024	27/06/2025	08/07/2025	French	PDF
Abridged model	31/12/2023	25/03/2024	26/04/2024	French	PDF
Abridged model	31/12/2022	30/06/2023	22/07/2023	French	PDF
Abridged model	31/12/2021	24/06/2022	20/07/2022	French	PDF
Abridged model	31/12/2020	25/06/2021	28/06/2021	French	PDF
Abridged model	31/12/2019	04/09/2020	01/10/2020	French	PDF
Abridged model	31/12/2018	26/03/2019	26/03/2019	French	PDF
Abridged model	31/12/2017	29/06/2018	02/07/2018	French	PDF
Abridged model	31/12/2016	30/06/2017	12/07/2017	French	PDF
Abridged model	31/12/2015	24/06/2016	22/07/2016	French	PDF
Abridged model	31/12/2014	26/06/2015	14/09/2015	French	PDF
Abridged model	31/12/2013	27/06/2014	29/09/2014	French	PDF
Abridged model	31/12/2012	28/06/2013	07/03/2014	French	PDF
Abridged model	31/12/2011	29/06/2012	26/12/2012	French	PDF
Abridged model	31/12/2010	24/06/2011	29/08/2011	French	PDF
Abridged model	31/12/2009	25/06/2010	30/08/2010	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 2 active · 6 ended

Active mandates

Christine Müller

Director

Active

Grégory Dethier

Director

Active

Ended mandates

Christine Muller

Administrator - manager · since 11 février 2015

Ended

Christine Muller

Manager · since 11 février 2015

Ended

Christine MULLER

Director · since 11 février 2015

Ended

Grégory Dethier

Director · since 04 février 2009

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/09/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates28/08/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates09/04/2015
DEMISSIONS, NOMINATIONS
PDF
Registered office30/01/2015
SIEGE SOCIAL
PDF
Other03/03/2009
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 2025109,8 k €↑
2024
Annual accounts 2024-47,2 k €↑
2023
Annual accounts 2023-49,9 k €↓
2022
Annual accounts 202223,8 k €↑
2021
Annual accounts 202112,9 k €↓
2020
Annual accounts 202031,2 k €↓
2019
Annual accounts 201936,5 k €↓
2018
Annual accounts 201844,5 k €↑
2017
Annual accounts 2017-80,1 k €↓
2016
Annual accounts 201620,6 k €↑
2015
Annual accounts 20152,7 k €↓
2014
Annual accounts 201469,2 k €↑
2013
Annual accounts 2013-7,6 k €↓
2012
Annual accounts 201218,3 k €↓
2011
Annual accounts 201137,8 k €↑
2010
Annual accounts 201029 k €↓
2009
Annual accounts 200935,9 k €
20/02/2009
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

Grégory DETHIER

Overview

What does Grégory DETHIER do?

Trend over 17 financial years

Indicative valuation

Board of directors

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