ACTIVE

ESTL

Financial year 2025 · closed on 31/08/2025
Net result
259,7 k €
-35.8% YoY
Gross margin
1,4 M €
-2.0% YoY
Equity
2,7 M €
+4.4% YoY
Workforce
11,6 ETP
+10.5% YoY

What does ESTL do?

ESTL is a Public limited company incorporated in 2009. Its registered office is in Deinze. It employs on average 11,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0818.634.666
Incorporation
17/09/2009
Legal form
Public limited company
Registered office
Prijkelhoek 24
9800 Deinze · FlandreSee on map
Contributed capital
64 200,00 €
Latest accounts
31/08/2025
Average workforce
11,6 ETP
Joint committees (3)
  • 100
  • 200
  • 20018
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222020201920182017201620152014201320122011
Income statement
Gross margin1,4 M €1,4 M €1,2 M €1,3 M €976,8 k €1,1 M €1 M €596,6 k €523,4 k €487,1 k €438,7 k €277,5 k €193 k €210,6 k €
EBITDA537,7 k €630,1 k €579,3 k €673 k €482,1 k €669,8 k €693,5 k €342,3 k €307,6 k €358,4 k €305,6 k €168,2 k €126,2 k €175,4 k €
Operating result358,7 k €539,7 k €503,5 k €601,4 k €417,8 k €589,5 k €601,7 k €241,4 k €217,1 k €266,6 k €204,4 k €97,4 k €50,9 k €116 k €
Net result259,7 k €404,4 k €384,8 k €473,3 k €298,2 k €385,1 k €377,3 k €190,7 k €121,5 k €218,7 k €160,7 k €93 k €34,3 k €88,5 k €
Balance sheet
Equity2,7 M €2,6 M €2,5 M €2,3 M €1,5 M €1,3 M €1 M €678,7 k €667,5 k €596 k €422,2 k €261,6 k €168,6 k €134,3 k €
Total assets3,9 M €4,7 M €3,9 M €3,5 M €3,1 M €2,4 M €2,2 M €1,2 M €872,9 k €861,3 k €563,1 k €387,6 k €395,7 k €434,7 k €
Cash1 M €1 M €1,1 M €1,1 M €877,4 k €1,1 M €800,3 k €469,6 k €472,1 k €329 k €315,8 k €135 k €148,8 k €300,2 k €
Debts1,2 M €2,1 M €1,3 M €1,2 M €1,6 M €1,1 M €1,2 M €556,5 k €205,4 k €265,3 k €130,2 k €126 k €227,2 k €229,3 k €
Other
Workforce11,6 ETP10,5 ETP9,3 ETP11,8 ETP9,7 ETP11,0 ETP12,5 ETP11,5 ETP7,2 ETP4,2 ETP2,4 ETP2,4 ETP1,6 ETP0,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/08/2025 · 2 active · 22 ended

Active mandates

JDCo

Managing director · until 18 février 2028 · 0676.964.582

Represented by DENDAUW JELLE

Active
KBCo

Managing director · until 18 février 2028 · 0676.969.829

Represented by BAEYENS KRISTOF

Active

Ended mandates

JDCo

Managing director · since 04 octobre 2022 · until 18 février 2028 · 0676.964.582

Represented by DENDAUW JELLE

Ended
KBCo

Managing director · since 04 octobre 2022 · until 18 février 2028 · 0676.969.829

Represented by BAEYENS KRISTOF

Ended
Filiep Dendauw

Director · since 06 juillet 2017 · until 17 février 2023

Ended
JDCo

Managing director · since 06 juillet 2017 · until 17 février 2023 · 0676.964.582

Represented by Jelle Dendauw

Ended
At this address

Other companies at this address

CompanyCBE no.
1015.600.886
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/09/202401/09/202301/09/202201/09/202101/09/202001/09/2019
Closing of the financial year31/08/202531/08/202431/08/202331/08/202231/08/202131/08/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/03/202627/03/202515/03/202414/03/202308/03/202229/03/2021
General meeting13/03/202628/02/202516/02/202417/02/202318/02/202205/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/08/202513/03/202631/03/2026DutchPDF
Abridged model31/08/202428/02/202527/03/2025DutchPDF
Abridged model31/08/202316/02/202415/03/2024DutchPDF
Abridged model31/08/202217/02/202314/03/2023DutchPDF
Abridged model31/08/202118/02/202208/03/2022DutchPDF
Abridged model31/08/202005/03/202129/03/2021DutchPDF
Abridged model31/08/201921/02/202013/03/2020DutchPDF
Abridged model31/08/201825/02/201904/03/2019DutchPDF
Abridged model31/08/201716/02/201815/03/2018DutchPDF
Abridged model31/08/201621/02/201727/02/2017DutchPDF
Abridged model31/08/201505/02/201625/02/2016DutchPDF
Abridged model31/08/201420/02/201527/02/2015DutchPDF
Abridged model31/08/201321/02/201427/03/2014DutchPDF
Abridged model31/08/201215/02/201321/03/2013DutchPDF
Abridged model31/08/201123/02/201229/02/2012DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

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 31/08/2025 · 2 active · 22 ended

Active mandates

JDCo

Managing director · until 18 février 2028 · 0676.964.582

Represented by DENDAUW JELLE

Active
KBCo

Managing director · until 18 février 2028 · 0676.969.829

Represented by BAEYENS KRISTOF

Active

Ended mandates

JDCo

Managing director · since 04 octobre 2022 · until 18 février 2028 · 0676.964.582

Represented by DENDAUW JELLE

Ended
KBCo

Managing director · since 04 octobre 2022 · until 18 février 2028 · 0676.969.829

Represented by BAEYENS KRISTOF

Ended
Filiep Dendauw

Director · since 06 juillet 2017 · until 17 février 2023

Ended
JDCo

Managing director · since 06 juillet 2017 · until 17 février 2023 · 0676.964.582

Represented by Jelle Dendauw

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office20/08/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates01/12/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/05/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/07/2017
    ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates25/03/2015
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office02/09/2011
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other01/03/2011
    ALGEMENE VERGADERING - BOEKJAAR
    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

Timeline

  1. 2025
    Annual accounts 2025259,7 k €
  2. 2024
    Annual accounts 2024404,4 k €
  3. 2023
    Annual accounts 2023384,8 k €
  4. 2022
    Annual accounts 2022473,3 k €
  5. 2020
    Annual accounts 2020298,2 k €
  6. 2019
    Annual accounts 2019385,1 k €
  7. 2018
    Annual accounts 2018377,3 k €
  8. 2017
    Annual accounts 2017190,7 k €
  9. 2016
    Annual accounts 2016121,5 k €
  10. 2015
    Annual accounts 2015218,7 k €
  11. 2014
    Annual accounts 2014160,7 k €
  12. 2013
    Annual accounts 201393 k €
  13. 2012
    Annual accounts 201234,3 k €
  14. 2011
    Annual accounts 201188,5 k €
  15. 17/09/2009
    IncorporationPublic limited company