ACTIVE

Grandeco Wallfashion Group - Belgium

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Financial year 2025 · Closed on 31/12/2025

Net result-3,6 M €-1 731,6 %over 1 year

Revenue52,5 M €-7,4 %over 1 year

Equity14 M €-20,3 %over 1 year

Workforce214,9 ETP-2,8 %over 1 year

Identity

Source · BCE/KBO

Grandeco Wallfashion Group - Belgium is a Public limited company incorporated in 2009. Its main activity is: Manufacture of made-up textile articles, except apparel. Its registered office is in Tielt. It employs on average 214,9 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0811.702.334
Incorporation: 13/05/2009
Legal form: Public limited company
Registered office: Wakkensesteenweg 49
8700 Tielt · FlandreSee on map
Contributed capital: 285 712,48 €
Latest accounts: 31/12/2025
Average workforce: 214,9 ETP

Activities (NACE)

13929Manufacture of made-up textile articles, except apparel· main 13929Manufacture of made-up textile articles, except apparel 17240Manufacture of wallpaper 17240Manufacture of wallpaper 46733Wholesale of wood, construction materials and sanitary equipment 46833Wholesale trade, except of motor vehicles and motorcycles

Joint committees (2)

Signals

Good liquidityPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 17 filings

Trend over 16 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	52,5 M €	-7.4%	56,7 M €	-4.3%	59,3 M €	+10.3%	53,8 M €	-10.2%	59,9 M €
EBITDA	4,1 M €	-11.6%	4,6 M €	-2.9%	4,8 M €	+186%	1,7 M €	-66.6%	5 M €
Operating result	2 M €	-5.3%	2,1 M €	-33.0%	3,1 M €	+3056%	-106,4 k €	-104%	2,6 M €
Net result	-3,6 M €	-1732%	219,1 k €	+6.2%	206,3 k €	-94.9%	4 M €	+85.5%	2,2 M €
Balance sheet
Equity	14 M €	-20.3%	17,6 M €	+1.3%	17,4 M €	+1.2%	17,2 M €	+30.6%	13,2 M €
Total assets	57,9 M €	-11.4%	65,4 M €	+0.6%	65 M €	-4.5%	68 M €	-5.6%	72,1 M €
Cash	3,6 M €	-13.0%	4,1 M €	+129%	1,8 M €	-62.7%	4,8 M €	+121%	2,2 M €
Debts	43,4 M €	-7.9%	47,1 M €	+0.6%	46,8 M €	-6.7%	50,2 M €	-14.2%	58,5 M €
Other
Workforce	214,9 ETP	-2.8%	221,1 ETP	-0.9%	223,0 ETP	-6.7%	239,0 ETP	-3.1%	246,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 12 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
David De Peuter	Director03/06/2022 → 17/05/2030
Down2Earth Capital II0695.614.417Represented by Alain Keppens	Director19/03/2020 → 17/05/2030
ECHOLIMA0705.978.668Represented by Johannes Verdiesen	Director21/05/2021 → 17/05/2030
L/L plus0879.632.424Represented by Lieven Lambaere	Director19/03/2020 → 17/05/2030
Vision@Work0546.622.120Represented by Patrick Molemans	Director01/04/2014 → 17/05/2030
Laurens Boriale	Director18/06/2024 → 17/05/2030

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
CMV Partners0793.623.118Represented by Curd Vandekerckhove	Director20/07/2023 → 16/05/2025
Tom Van de Voorde	Director21/05/2021 → 16/05/2025
Arne Verriest	Director01/04/2021 → 02/06/2022

Other companies at this address

Wakkensesteenweg 49 8700 Tielt

Company	CBE no.
GRANDECOGROUP-BTW EENHEID● Active	0820.463.117
Grandeco Wallfashion Group● Bankrupt	0889.387.654
GRANDIMMO● Active	0890.354.387
THE WALLFASHION HOUSE● Active	0745.385.810

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	11/06/2026	27/05/2025	30/05/2024	16/06/2023	23/05/2022	26/05/2021
General meeting	15/05/2026	16/05/2025	17/05/2024	19/05/2023	20/05/2022	21/05/2021
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 · NBB

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Annual accounts filings

Source · NBB, 17 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	15/05/2026	11/06/2026	Dutch	PDF
Full model	31/12/2024	16/05/2025	27/05/2025	Dutch	PDF
Full model	31/12/2023	17/05/2024	30/05/2024	Dutch	PDF
Full model	31/12/2022	19/05/2023	16/06/2023	Dutch	PDF
Full model	31/12/2021	20/05/2022	23/05/2022	Dutch	PDF
Full model	31/12/2020	21/05/2021	26/05/2021	Dutch	PDF
Full model	31/12/2019	15/05/2020	19/05/2020	Dutch	PDF
Full model	31/12/2018	17/05/2019	28/06/2019	Dutch	PDF
Full model	31/12/2017	18/05/2018	29/05/2018	Dutch	PDF
Full model	31/12/2016	19/05/2017	31/05/2017	Dutch	PDF
Full model	31/12/2015	20/05/2016	27/05/2016	Dutch	PDF
Full model	31/12/2014	15/05/2015	27/05/2015	Dutch	PDF
Full model	31/12/2013	16/05/2014	20/05/2014	Dutch	PDF
Full model	31/12/2012	17/05/2013	03/06/2013	Dutch	PDF
Full model	31/12/2011	18/05/2012	12/06/2012	Dutch	PDF
Full model	31/12/2010	20/05/2011	14/06/2011	Dutch	PDF
Full model	31/12/2009	21/05/2010	15/06/2010	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 12 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
David De Peuter	Director03/06/2022 → 17/05/2030
Down2Earth Capital II0695.614.417Represented by Alain Keppens	Director19/03/2020 → 17/05/2030
ECHOLIMA0705.978.668Represented by Johannes Verdiesen	Director21/05/2021 → 17/05/2030
L/L plus0879.632.424Represented by Lieven Lambaere	Director19/03/2020 → 17/05/2030
Vision@Work0546.622.120Represented by Patrick Molemans	Director01/04/2014 → 17/05/2030
Laurens Boriale	Director18/06/2024 → 17/05/2030

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
CMV Partners0793.623.118Represented by Curd Vandekerckhove	Director20/07/2023 → 16/05/2025
Tom Van de Voorde	Director21/05/2021 → 16/05/2025
Arne Verriest	Director01/04/2021 → 02/06/2022

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates09/04/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/12/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/12/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares17/02/2021
KAPITAAL - AANDELEN
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings16 filings

Mandates

Vision@Work

Down2Earth Capital II

ECHOLIMA

L/L plus

David De Peuter

Laurens Boriale

CMV Partners

Tom Van de Voorde

Arne Verriest

SUMACO BEHEER

Barbara Arnst

Guy Mampaey

and 6 more mandates

2009201020112012201320142015201620172018201920202021202220232024202520262027202820292030

Grandeco Wallfashion Group - Belgium

Wakkensesteenweg 49, 8700 Tielt

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Wakkensesteenweg 49, 8700 TieltCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00153562

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Grandeco Wallfashion Group - BelgiumCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00153562

Events

2025
Annual accounts 2025-3,6 M €↓
16/05/2025
reconductionL/L Plus BV · bestuurder
16/05/2025
reconductionVision@work BV · bestuurder
16/05/2025
reconductionDOWN2EARTH CAPITAL II CV · bestuurder
16/05/2025
reconductionEcholima BV · bestuurder
16/05/2025
reconductionCMV Partners Comm. V · bestuurder
16/05/2025
reconductionDavid de Peuter · bestuurder
2024
Annual accounts 2024219,1 k €↑
18/06/2024
nominationLaurens Boriale · bestuurder
17/05/2024
reconductionDirk Vlaminckx · commissaris
2023
Annual accounts 2023206,3 k €↓
20/07/2023
nominationCMV Partners Comm.V. · bestuurder
2022
Annual accounts 20224 M €↑
03/06/2022
nominationDe Peuter David · bestuurder
2021
Annual accounts 20212,2 M €↓
2020
Annual accounts 202010,1 M €↑
2019
Annual accounts 20194 M €↑
2018
Annual accounts 20181,3 M €↓
2017
Annual accounts 20174,2 M €↑
2016
Annual accounts 20163,2 M €↑
2015
Annual accounts 20152,4 M €↑
2014
Annual accounts 20141,6 M €↑
2013
Annual accounts 2013-3,8 M €↓
2012
Annual accounts 2012-563,3 k €↑
2011
Annual accounts 2011-945,5 k €↓
2010
Annual accounts 20101,5 M €
13/05/2009
IncorporationPublic limited company

Grandeco Wallfashion Group - Belgium

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events