ACTIVE

DRIES PANNENKOEKEN

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Financial year 2025 · closed on 31/12/2025

Net result

227,7 k €

-17.6% YoY

Gross margin

1,1 M €

-4.7% YoY

Equity

2,1 M €

+12.2% YoY

Workforce

3,7 ETP

0.0% YoY

What does DRIES PANNENKOEKEN do?

DRIES PANNENKOEKEN is a Private company with limited liability incorporated in 2005. Its registered office is in Ledegem. It employs on average 3,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0874.346.716

Incorporation

07/06/2005

Legal form

Private company with limited liability

Registered office

Nijverheidslaan 1 box c
8880 Ledegem · FlandreSee on map

Contributed capital

675 000,00 €

Latest accounts

31/12/2025

Average workforce

3,7 ETP

Joint committees (3)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	1,1 M €	-4.7%	1,2 M €	+13.9%	1 M €	+7.8%	964,8 k €	+9.2%	883,8 k €	+14.3%	773 k €	-10.7%	865,4 k €	+13.5%	762,6 k €	+32.7%	574,7 k €	-3.8%	597,6 k €	+8.2%	552,5 k €	-10.0%	613,7 k €	+6.6%	575,5 k €	+25.1%	460,2 k €	+8.2%	425,2 k €	+11.9%	379,9 k €	+40.4%	270,5 k €	+5.5%	256,4 k €	+30.3%	196,8 k €
EBITDA	893,3 k €	-5.1%	941,5 k €	+25.0%	753,3 k €	+6.0%	710,7 k €	+3.6%	686 k €	+14.7%	598,2 k €	-6.8%	641,5 k €	+9.4%	586,4 k €	+51.1%	388,1 k €	-8.3%	423,4 k €	+13.4%	373,4 k €	-12.5%	426,8 k €	+2.5%	416,2 k €	+27.1%	327,6 k €	+7.2%	305,6 k €	+10.9%	275,6 k €	+36.9%	201,4 k €	+6.4%	189,2 k €	+27.8%	148,1 k €
Operating result	413,4 k €	-14.4%	483,2 k €	+57.1%	307,7 k €	+11.6%	275,7 k €	-12.8%	316 k €	+28.5%	246 k €	-4.7%	258,2 k €	+15.2%	224,1 k €	+238%	66,4 k €	-46.5%	124 k €	+62.6%	76,3 k €	-42.3%	132,2 k €	-13.9%	153,6 k €	+81.2%	84,7 k €	+18.2%	71,7 k €	+141%	29,8 k €	+96.4%	15,2 k €	-71.8%	53,7 k €	-10.9%	60,2 k €
Net result	227,7 k €	-17.6%	276,5 k €	+57.9%	175,1 k €	-5.4%	185,1 k €	-5.4%	195,6 k €	+37.6%	142,1 k €	-6.4%	151,9 k €	+7.8%	140,8 k €	+2946%	4,6 k €	-90.4%	48,2 k €	+942%	4,6 k €	-90.8%	50,1 k €	-41.9%	86,3 k €	+587%	12,6 k €	+419%	-3,9 k €	-204%	3,8 k €	+326%	891 €	-96.5%	25,7 k €	-20.1%	32,1 k €
Balance sheet
Equity	2,1 M €	+12.2%	1,9 M €	+7.2%	1,7 M €	+2.0%	1,7 M €	+11.9%	1,5 M €	+12.9%	1,3 M €	+11.8%	1,2 M €	+14.4%	1,1 M €	+15.4%	914,9 k €	+0.5%	910,2 k €	+2.7%	886 k €	+0.5%	881,4 k €	+6.0%	831,2 k €	+11.6%	744,9 k €	+1.7%	732,4 k €	-0.5%	736,3 k €	+303%	182,5 k €	+0.5%	181,6 k €	+13.6%	159,9 k €
Total assets	5,8 M €	-5.1%	6,1 M €	+15.5%	5,3 M €	+9.4%	4,8 M €	+25.0%	3,9 M €	+0.5%	3,8 M €	-5.6%	4,1 M €	+2.6%	4 M €	+35.3%	2,9 M €	+3.2%	2,8 M €	-4.1%	3 M €	+6.3%	2,8 M €	+7.7%	2,6 M €	+0.4%	2,6 M €	-0.4%	2,6 M €	-2.2%	2,6 M €	+41.0%	1,9 M €	+76.7%	1,1 M €	+59.4%	665,5 k €
Cash	177,4 k €	-46.8%	333,3 k €	+207%	108,5 k €	-76.5%	462,2 k €	+34.1%	344,7 k €	-45.0%	627,1 k €	-13.6%	725,5 k €	+64.8%	440,1 k €	+191%	151,5 k €	+69.2%	89,5 k €	-47.5%	170,4 k €	-4.1%	177,6 k €	-34.3%	270,4 k €	+33.8%	202,1 k €	+153%	79,8 k €	-45.9%	147,6 k €	+235%	44,1 k €	-35.2%	68,1 k €	+269%	18,4 k €
Debts	3,7 M €	-12.8%	4,2 M €	+19.6%	3,5 M €	+13.5%	3,1 M €	+33.5%	2,3 M €	-6.2%	2,5 M €	-12.9%	2,9 M €	-1.7%	2,9 M €	+44.4%	2 M €	+4.5%	1,9 M €	-7.0%	2,1 M €	+9.6%	1,9 M €	+8.0%	1,7 M €	-4.0%	1,8 M €	-1.6%	1,8 M €	-2.8%	1,9 M €	+12.5%	1,7 M €	+92.4%	878,9 k €	+73.8%	505,5 k €
Other
Workforce	3,7 ETP	0.0%	3,7 ETP	-17.8%	4,5 ETP	+2.3%	4,4 ETP	+22.2%	3,6 ETP	+2.9%	3,5 ETP	-18.6%	4,3 ETP	+30.3%	3,3 ETP	-21.4%	4,2 ETP	+7.7%	3,9 ETP	-13.3%	4,5 ETP	-10.0%	5,0 ETP	+31.6%	3,8 ETP	+15.2%	3,3 ETP	-10.8%	3,7 ETP	+8.8%	3,4 ETP	+61.9%	2,1 ETP	0.0%	2,1 ETP	+40.0%	1,5 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 31/12/2025 · 2 active · 4 ended

Active mandates

Kesteloot Connie

Director

Active

Vandamme Dries

Director

Active

Ended mandates

Connie Kesteloot

Manager · since 01 avril 2015

Ended

Dries Vandamme

Manager · since 07 juin 2005

Ended

Dries VANDAMME

Mandate

Ended

Dries VANDAMME

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
CARCOSMETIX● Active	0458.550.771
CCMTX Group● Active	1024.745.711
JMC 2 RENT● Active	1022.770.869
MABEAU● Active	1022.769.087

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	31/08/2026	31/08/2025	31/08/2024	26/08/2023	24/08/2022	30/08/2021
General meeting	18/04/2026	19/04/2025	20/04/2024	15/04/2023	30/06/2022	30/06/2021
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	18/04/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	19/04/2025	31/08/2025	Dutch	PDF
Abridged model	31/12/2023	20/04/2024	31/08/2024	Dutch	PDF
Abridged model	31/12/2022	15/04/2023	26/08/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	24/08/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	30/08/2021	Dutch	PDF
Abridged model	31/12/2019	18/04/2020	23/07/2020	Dutch	PDF
Abridged model	31/12/2018	30/06/2019	25/07/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	18/07/2018	Dutch	PDF
Abridged model	31/12/2016	10/06/2017	05/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	11/07/2016	Dutch	PDF
Abridged model	31/12/2014	18/04/2015	11/05/2015	Dutch	PDF
Abridged model	31/12/2013	08/03/2014	17/03/2014	Dutch	PDF
Abridged model	31/12/2012	20/04/2013	26/04/2013	Dutch	PDF
Abridged model	31/12/2011	21/04/2012	26/04/2012	Dutch	PDF
Abridged model	31/12/2010	16/04/2011	11/05/2011	Dutch	PDF
Abridged model	31/12/2009	17/04/2010	20/04/2010	Dutch	PDF
Abridged model	31/12/2008	18/04/2009	22/04/2009	Dutch	PDF
Abridged model	31/12/2007	19/04/2008	05/05/2008	Dutch	PDF
Abridged model	31/12/2006	21/04/2007	15/05/2007	Dutch	PDF

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 31/12/2025 · 2 active · 4 ended

Active mandates

Kesteloot Connie

Director

Active

Vandamme Dries

Director

Active

Ended mandates

Connie Kesteloot

Manager · since 01 avril 2015

Ended

Dries Vandamme

Manager · since 07 juin 2005

Ended

Dries VANDAMME

Mandate

Ended

Dries VANDAMME

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/05/2015
ONTSLAGEN - BENOEMINGEN
PDF
Registered office27/10/2010
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares15/02/2010
KAPITAAL - AANDELEN
PDF
Other20/02/2006
DIVERSEN
PDF
Other16/06/2005
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 2025227,7 k €↓
2024
Annual accounts 2024276,5 k €↑
2023
Annual accounts 2023175,1 k €↓
2022
Annual accounts 2022185,1 k €↓
2021
Annual accounts 2021195,6 k €↑
2020
Annual accounts 2020142,1 k €↓
2019
Annual accounts 2019151,9 k €↑
2018
Annual accounts 2018140,8 k €↑
2017
Annual accounts 20174,6 k €↓
2016
Annual accounts 201648,2 k €↑
2015
Annual accounts 20154,6 k €↓
2014
Annual accounts 201450,1 k €↓
2013
Annual accounts 201386,3 k €↑
2012
Annual accounts 201212,6 k €↑
2011
Annual accounts 2011-3,9 k €↓
2010
Annual accounts 20103,8 k €↑
2009
Annual accounts 2009891 €↓
2008
Annual accounts 200825,7 k €↓
2007
Annual accounts 200732,1 k €
07/06/2005
IncorporationPrivate company with limited liability

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

DRIES PANNENKOEKEN

Overview

What does DRIES PANNENKOEKEN do?

Trend over 19 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