ACTIVE

AFSLUITINGEN DE BLAY

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Financial year 2025 · closed on 31/12/2025

Net result

22 k €

-81.5% YoY

Gross margin

417,8 k €

-23.4% YoY

Equity

551 k €

+4.2% YoY

Workforce

5,3 ETP

-11.7% YoY

What does AFSLUITINGEN DE BLAY do?

AFSLUITINGEN DE BLAY is a Private limited company incorporated in 2005. Its main activity is: Joinery installation. Its registered office is in Grimbergen. It employs on average 5,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0874.062.941

Incorporation

26/05/2005

Legal form

Private limited company

Registered office

Kerkstraat 92
1851 Grimbergen · FlandreSee on map

Contributed capital

50 000,00 €

Latest accounts

31/12/2025

Average workforce

5,3 ETP

Activities (NACE)

43320Joinery installation· main 43320Joinery installation 45422Sale, maintenance and repair of motorcycles and related parts and accessories 01410Raising of dairy cattle 81300Landscape service activities 81300Landscape service activities

Joint committees (5)

124
1240
145
200
2000

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	417,8 k €	-23.4%	545,4 k €	+35.2%	403,4 k €	-22.3%	519,2 k €	+21.0%	429,1 k €	+101%	213,8 k €	-28.4%	298,7 k €	-22.4%	385,1 k €	-18.2%	470,8 k €	+17.8%	399,7 k €	+15.4%	346,4 k €	+48.4%	233,5 k €	-2.7%	240,1 k €	-17.5%	291,1 k €	+5.6%	275,7 k €	+46.5%	188,2 k €	+23.3%	152,6 k €	+71.9%	88,8 k €	+3.4%	85,9 k €	+241%	25,2 k €
EBITDA	80,8 k €	-54.2%	176,5 k €	+120%	80,2 k €	-70.8%	274,7 k €	+38.0%	199,1 k €	+557%	-43,5 k €	-187%	50,1 k €	-43.3%	88,5 k €	-39.3%	145,9 k €	+40.7%	103,7 k €	-10.8%	116,2 k €	+55.8%	74,6 k €	-42.3%	129,2 k €	-25.5%	173,6 k €	+3.4%	167,8 k €	+108%	80,6 k €	+0.6%	80,1 k €	+18.7%	67,4 k €	-19.4%	83,7 k €	+252%	23,8 k €
Operating result	34,4 k €	-72.1%	123,1 k €	+243%	35,9 k €	-85.0%	238,9 k €	+46.9%	162,7 k €	+326%	-72,1 k €	-445%	20,9 k €	-66.6%	62,6 k €	-49.1%	123 k €	+67.0%	73,7 k €	-8.2%	80,2 k €	+156%	31,4 k €	-66.9%	94,8 k €	-33.4%	142,4 k €	+15.0%	123,9 k €	+227%	37,9 k €	-7.1%	40,8 k €	+28.3%	31,8 k €	+59.3%	20 k €	+247%	5,7 k €
Net result	22 k €	-81.5%	118,9 k €	+342%	26,9 k €	-88.2%	228,1 k €	+63.9%	139,1 k €	+584%	20,4 k €	+1098%	1,7 k €	-95.1%	35 k €	-58.9%	85,1 k €	+432%	16 k €	-60.9%	41 k €	+56.5%	26,2 k €	+419%	5 k €	-95.7%	118,7 k €	+23.9%	95,8 k €	+776%	10,9 k €	+8.7%	10,1 k €	+110%	4,8 k €	-51.2%	9,8 k €	+554%	1,5 k €
Balance sheet
Equity	551 k €	+4.2%	529 k €	+1.7%	520,1 k €	+2.1%	509,2 k €	+5.8%	481,1 k €	+8.9%	442 k €	+4.8%	421,6 k €	+0.4%	419,9 k €	+9.1%	385 k €	+28.4%	299,9 k €	+5.6%	283,9 k €	+16.9%	242,9 k €	+12.1%	216,7 k €	+2.4%	211,6 k €	+128%	92,9 k €	+6.7%	87,1 k €	+14.4%	76,2 k €	+15.2%	66,1 k €	+7.8%	61,3 k €	+131%	26,5 k €
Total assets	1,1 M €	-3.9%	1,1 M €	+0.8%	1,1 M €	-5.3%	1,2 M €	+9.2%	1,1 M €	+12.5%	968,7 k €	-3.9%	1 M €	+1.6%	991,8 k €	+0.6%	986 k €	+9.1%	903,5 k €	+10.5%	817,7 k €	+1.8%	803 k €	+2.8%	780,9 k €	+1.9%	766,6 k €	-10.7%	858,7 k €	+25.4%	684,8 k €	+10.9%	617,7 k €	-1.3%	626,1 k €	+160%	240,5 k €	+129%	104,9 k €
Cash	244,9 k €	-59.9%	610,5 k €	+23.3%	495 k €	-34.2%	752,5 k €	+23.2%	610,8 k €	+15.8%	527,5 k €	+441%	97,6 k €	-32.3%	144,1 k €	-25.9%	194,4 k €	+398%	39 k €	-70.2%	130,7 k €	-51.7%	270,6 k €	+20.0%	225,5 k €	-5.8%	239,4 k €	-4.2%	250 k €	+66.7%	150 k €	+81.9%	82,4 k €	-16.1%	98,3 k €	+36.4%	72 k €	+110%	34,3 k €
Debts	465,3 k €	-0.8%	469 k €	+1.1%	464 k €	-19.8%	578,9 k €	+15.6%	500,9 k €	-4.9%	526,7 k €	-10.1%	585,9 k €	+2.6%	571,2 k €	-5.0%	601 k €	-0.4%	603,5 k €	+13.0%	533,9 k €	-4.7%	560,1 k €	-0.7%	564,3 k €	+1.7%	555 k €	-27.5%	765,8 k €	+28.1%	597,7 k €	+10.4%	541,5 k €	-3.3%	559,9 k €	+213%	179,2 k €	+128%	78,4 k €
Other
Workforce	5,3 ETP	-11.7%	6,0 ETP	+1.7%	5,9 ETP	+28.3%	4,6 ETP	+9.5%	4,2 ETP	0.0%	4,2 ETP	-8.7%	4,6 ETP	-22.0%	5,9 ETP	-11.9%	6,7 ETP	+6.3%	6,3 ETP	+31.3%	4,8 ETP	+41.2%	3,4 ETP	+21.4%	2,8 ETP	-6.7%	3,0 ETP	+15.4%	2,6 ETP	-13.3%	3,0 ETP	+66.7%	1,8 ETP	+157%	0,7 ETP		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 11 ended

Active mandates

DieSEL

Director · since 06 octobre 2023 · 0767.551.397

Represented by Diether De Blay

Active

FGMW

Director · since 06 octobre 2023 · 0766.941.089

Represented by Frédéric Dubin

Active

Ended mandates

Diether De Blay

Manager · since 26 mai 2005

Ended

Frédéric Dubin

Associate · since 26 mai 2005

Ended

Günther De Blay

Associate · since 26 mai 2005

Ended

Paul Frans De Blay

Manager · since 26 mai 2005

Ended

At this address

Other companies at this address

Company	CBE no.
FENCE & GATE SOLUTIONS● Active	1024.518.354
VAT Solutions● Active	1034.007.330

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	15/06/2026	25/04/2025	28/05/2024	04/07/2023	03/06/2022	18/08/2021
General meeting	29/05/2026	16/04/2025	21/05/2024	26/05/2023	27/05/2022	28/05/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/05/2026	15/06/2026	Dutch	PDF
Abridged model	31/12/2024	16/04/2025	25/04/2025	Dutch	PDF
Abridged model	31/12/2023	21/05/2024	28/05/2024	Dutch	PDF
Abridged model	31/12/2022	26/05/2023	04/07/2023	Dutch	PDF
Abridged model	31/12/2021	27/05/2022	03/06/2022	Dutch	PDF
Abridged model	31/12/2020	28/05/2021	18/08/2021	Dutch	PDF
Abridged model	31/12/2019	09/09/2020	08/10/2020	Dutch	PDF
Abridged model	31/12/2018	24/05/2019	30/07/2019	Dutch	PDF
Abridged model	31/12/2017	20/06/2018	31/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	26/06/2016	26/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	31/07/2015	Dutch	PDF
Abridged model	31/12/2013	29/06/2014	25/09/2014	Dutch	PDF
Abridged model	31/12/2012	24/05/2013	27/05/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	22/06/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	13/07/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	28/07/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	02/06/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	24/07/2008	Dutch	PDF
Abridged model	31/12/2006	27/05/2007	20/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/12/2025 · 2 active · 11 ended

Active mandates

DieSEL

Director · since 06 octobre 2023 · 0767.551.397

Represented by Diether De Blay

Active

FGMW

Director · since 06 octobre 2023 · 0766.941.089

Represented by Frédéric Dubin

Active

Ended mandates

Diether De Blay

Manager · since 26 mai 2005

Ended

Frédéric Dubin

Associate · since 26 mai 2005

Ended

Günther De Blay

Associate · since 26 mai 2005

Ended

Paul Frans De Blay

Manager · since 26 mai 2005

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/09/2023
ONTSLAGEN - BENOEMINGEN
PDF
Registered office06/02/2020
MAATSCHAPPELIJKE ZETEL
PDF
Mandates10/04/2017
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares16/01/2008
KAPITAAL - AANDELEN
PDF
Other03/06/2005
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 202522 k €↓
2024
Annual accounts 2024118,9 k €↑
2023
Annual accounts 202326,9 k €↓
2022
Annual accounts 2022228,1 k €↑
2021
Annual accounts 2021139,1 k €↑
2020
Annual accounts 202020,4 k €↑
2019
Annual accounts 20191,7 k €↓
2018
Annual accounts 201835 k €↓
2017
Annual accounts 201785,1 k €↑
2016
Annual accounts 201616 k €↓
2015
Annual accounts 201541 k €↑
2014
Annual accounts 201426,2 k €↑
2013
Annual accounts 20135 k €↓
2012
Annual accounts 2012118,7 k €↑
2011
Annual accounts 201195,8 k €↑
2010
Annual accounts 201010,9 k €↑
2009
Annual accounts 200910,1 k €↑
2008
Annual accounts 20084,8 k €↓
2007
Annual accounts 20079,8 k €↑
2006
Annual accounts 20061,5 k €
26/05/2005
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

AFSLUITINGEN DE BLAY

Overview

What does AFSLUITINGEN DE BLAY do?

Trend over 20 financial years

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