ACTIVE

40-42

Financial year 2025 · Closed on 31/12/2025

Net result50,8 k €+314,4 %over 1 year
Gross margin81 k €+180,0 %over 1 year
Equity115,9 k €-7,3 %over 1 year

Identity

Source · BCE/KBO

40-42 is a Private limited company incorporated in 2011. Its main activity is: Retail sale of medical and orthopaedic goods in specialised stores. Its registered office is in Turnhout.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0839.861.929
Incorporation
30/09/2011
Legal form
Private limited company
Registered office
Herentalsstraat 40-42
2300 Turnhout · FlandreSee on map
Contributed capital
21 600,00 €
Latest accounts
31/12/2025
Joint committees (2)
  • 100
  • 201
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 14 filings

Trend over 11 financial years

20252024202320222021
Income statement
Gross margin81 k €28,9 k €55,9 k €53,3 k €68,5 k €
EBITDA79,6 k €27,4 k €49,9 k €38,7 k €64,4 k €
Operating result66,9 k €16,5 k €37,1 k €24 k €51,9 k €
Net result50,8 k €12,3 k €21,2 k €11,4 k €36,3 k €
Balance sheet
Equity115,9 k €125,1 k €112,8 k €112,7 k €101,3 k €
Total assets157,5 k €186,2 k €136,3 k €146,9 k €148,3 k €
Cash22,9 k €50,1 k €60,5 k €25,5 k €12,5 k €
Debts41,6 k €61,1 k €23,5 k €34,2 k €46,7 k €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Jeffrey Penen0786.599.922Represented by Jeffrey PENEN
Director
LOUELLA0729.644.886Represented by Johan LAKEN
Director

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Carine Schoonjans
Manager30/09/2011 → 2016 accountsDirector2022 accounts
Günther Cornelis
Manager30/09/2011 → 2016 accounts

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date17/07/202615/07/202521/05/202406/07/202320/07/202230/07/2021
General meeting19/06/202620/06/202508/05/202416/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 14 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202519/06/202617/07/2026DutchPDF
Micro model31/12/202420/06/202515/07/2025DutchPDF
Micro model31/12/202308/05/202421/05/2024DutchPDF
Micro model31/12/202216/06/202306/07/2023DutchPDF
Micro model31/12/202130/06/202220/07/2022DutchPDF
Micro model31/12/202030/06/202130/07/2021DutchPDF
Micro model31/12/201929/06/202027/07/2020DutchPDF
Micro model31/12/201828/06/201926/07/2019DutchPDF
Micro model31/12/201715/06/201826/07/2018DutchPDF
Micro model31/12/201628/06/201726/07/2017DutchPDF
Abridged model31/12/201530/06/201629/07/2016DutchPDF
Abridged model31/12/201426/06/201524/07/2015DutchPDF
Abridged model31/12/201320/06/201424/07/2014DutchPDF
Abridged model31/12/201230/06/201330/07/2013DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Jeffrey Penen0786.599.922Represented by Jeffrey PENEN
Director
LOUELLA0729.644.886Represented by Johan LAKEN
Director

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Carine Schoonjans
Manager30/09/2011 → 2016 accountsDirector2022 accounts
Günther Cornelis
Manager30/09/2011 → 2016 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates13/03/2024
    Ontslag bestuurders - Benoeming bestuurders - Volmacht
    PDF
  • Other17/01/2023
    WIJZIGING RECHTSVORM, STATUTEN (VERTALING,
    PDF
  • Restructuring14/01/2019
    BVBA: FUSIE DOOR OVERNEMING — KAPITAALVERHOGING — |
    PDF
  • Restructuring30/11/2018
    Neerlegging fusievoorstel
    PDF
  • Other13/10/2011
    Oprichting
    PDF

Similar companies

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
Filings11 filings
Mandates
LOUELLA
Jeffrey Penen
Günther Cornelis
Carine Schoonjans
2011201220132014201520162017201820192020202120222023202420252026
40-42
Herentalsstraat 40-42, 2300 Turnhout
Director
Director
Manager
Manager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Herentalsstraat 40-42, 2300 TurnhoutCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00325414

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
40-42Current
accounts 2012 → 2025
Accounts 2025 · 2026-00325414

Events

  1. 2025
    Annual accounts 202550,8 k €↑
  2. 2024
    Annual accounts 202412,3 k €↓
  3. 2023
    Annual accounts 202321,2 k €↑
  4. 2022
    Annual accounts 202211,4 k €↓
  5. 2021
    Annual accounts 202136,3 k €↑
  6. 2017
    Annual accounts 2017-6 k €↑
  7. 2016
    Annual accounts 2016-20,4 k €↓
  8. 2015
    Annual accounts 201540 k €↑
  9. 2014
    Annual accounts 2014643,5 €↓
  10. 2013
    Annual accounts 201314,6 k €↑
  11. 2012
    Annual accounts 2012-69,8 k €
  12. 30/09/2011
    IncorporationPrivate limited company