ACTIVE

STUDIO ETHNICRAFT

Financial year 2025 · Closed on 31/12/2025

Net result
197,6 k €
+123,2 %over 1 year
Gross margin
1,1 M €
+24,7 %over 1 year
Equity
373,3 k €
-12,3 %over 1 year
Workforce
11,8 ETP
+16,8 %over 1 year

Identity

Source · BCE/KBO

STUDIO ETHNICRAFT is a Public limited company incorporated in 2012. Its main activity is: Wholesale of furniture, carpets and lighting equipment. Its registered office is in Boom. It employs on average 11,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0846.804.654
Incorporation
21/06/2012
Legal form
Public limited company
Registered office
Scheldeweg 5
2850 Boom · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
11,8 ETP
Joint committees (1)
  • 200
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 13 filings

Trend over 13 financial years

20252024202320222021
Income statement
Gross margin1,1 M €888 k €800,7 k €1,4 M €1,1 M €
EBITDA295,6 k €140,3 k €161 k €813,6 k €701,7 k €
Operating result291,3 k €134,2 k €202,5 k €803,7 k €681,8 k €
Net result197,6 k €88,5 k €146,5 k €602,1 k €535,1 k €
Balance sheet
Equity373,3 k €425,7 k €337,2 k €340,7 k €1,8 M €
Total assets1,4 M €1 M €1,5 M €2,4 M €2,7 M €
Cash853,3 k €303,4 k €688,8 k €992,2 k €2,2 M €
Debts913,2 k €561,6 k €1,1 M €2,1 M €896,2 k €
Other
Workforce11,8 ETP10,1 ETP9,0 ETP8,5 ETP6,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 9 ended

Active mandates

Anthony Vanderkeilen

Director · since 26 décembre 2023 · until 18 juin 2029

Active
D&L INVEST

Managing director · since 26 décembre 2023 · until 18 juin 2029 · 0808.750.069

Represented by Benoit Loos

Active

Ended mandates

D&L INVEST

Managing director · since 26 décembre 2023 · until 19 juin 2029 · 0808.750.069

Represented by Benoit Loos

Ended
Anthony Vanderkeilen

Manager · since 01 janvier 2013

Ended
Benoit Loos

Manager · since 21 juin 2012

Ended
Anthony Vanderkeilen

Director · until 18 juin 2029

Ended

Other companies at this address

Scheldeweg 5 2850 Boom
CompanyCBE no.
0786.656.142
D&L INVEST● Active
0808.750.069
ETHNICRAFT● Active
0458.213.251
IMMOCRAFT● Active
0867.598.088
live light● Active
0748.429.432
1007.396.666

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date17/07/202628/07/202504/08/202428/07/202330/06/202230/06/2021
General meeting15/06/202616/06/202517/06/202428/06/202324/06/202229/06/2021
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, 13 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202515/06/202617/07/2026DutchPDF
Abridged model31/12/202416/06/202528/07/2025DutchPDF
Abridged model31/12/202317/06/202404/08/2024DutchPDF
Abridged model31/12/202228/06/202328/07/2023DutchPDF
Abridged model31/12/202124/06/202230/06/2022DutchPDF
Abridged model31/12/202029/06/202130/06/2021DutchPDF
Abridged model31/12/201915/06/202025/06/2020DutchPDF
Abridged model31/12/201817/06/201924/06/2019DutchPDF
Abridged model31/12/201718/06/201825/06/2018DutchPDF
Abridged model31/12/201619/06/201722/06/2017DutchPDF
Full model31/12/201520/06/201624/06/2016DutchPDF
Full model31/12/201415/06/201517/06/2015DutchPDF
Full model31/12/201316/06/201419/06/2014DutchPDF

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.

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 · 9 ended

Active mandates

Anthony Vanderkeilen

Director · since 26 décembre 2023 · until 18 juin 2029

Active
D&L INVEST

Managing director · since 26 décembre 2023 · until 18 juin 2029 · 0808.750.069

Represented by Benoit Loos

Active

Ended mandates

D&L INVEST

Managing director · since 26 décembre 2023 · until 19 juin 2029 · 0808.750.069

Represented by Benoit Loos

Ended
Anthony Vanderkeilen

Manager · since 01 janvier 2013

Ended
Benoit Loos

Manager · since 21 juin 2012

Ended
Anthony Vanderkeilen

Director · until 18 juin 2029

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates19/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/11/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/06/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/02/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other29/11/2013
    BENAMING - DOEL
    PDF

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 2025197,6 k €↑
  2. 2024
    Annual accounts 202488,5 k €↓
  3. 2023
    Annual accounts 2023146,5 k €↓
  4. 2022
    Annual accounts 2022602,1 k €↑
  5. 2021
    Annual accounts 2021535,1 k €↑
  6. 2020
    Annual accounts 2020296 k €↓
  7. 2019
    Annual accounts 2019628,3 k €↑
  8. 2018
    Annual accounts 2018320,9 k €↑
  9. 2017
    Annual accounts 201772,9 k €↓
  10. 2016
    Annual accounts 2016149,2 k €↑
  11. 2015
    Annual accounts 201549,3 k €↓
  12. 2014
    Annual accounts 2014150,2 k €↑
  13. 2013
    Annual accounts 2013-3,1 k €
  14. 21/06/2012
    IncorporationPublic limited company