What does SEDAC - MECOBEL do?

SEDAC - MECOBEL is a furniture maker in Wevelgem. Public Limited, started on 1 January 1968, 1 establishment.

What is the address of SEDAC - MECOBEL?

The registered office of SEDAC - MECOBEL is located at Vlamingstraat 7, 8560 Wevelgem.

Is SEDAC - MECOBEL still active?

Yes. According to the CBE (29 October 2026) SEDAC - MECOBEL is active, legal situation “Normale toestand”, started on 1 January 1968.

Is SEDAC - MECOBEL registered on Peppol?

Yes, SEDAC - MECOBEL is registered on the Peppol network with ID 0208:0405490979.

What is the enterprise number of SEDAC - MECOBEL?

The enterprise number of SEDAC - MECOBEL is BE0405490979.

When was SEDAC - MECOBEL founded?

SEDAC - MECOBEL was founded on 1 January 1968.

Who are the directors of SEDAC - MECOBEL?

According to the 2025 annual accounts, the directors of SEDAC - MECOBEL are: LJB management BV, Stefaan Gantois, Souad Khalil.

Is SEDAC - MECOBEL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 January 1968; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did SEDAC - MECOBEL make in 2025?

SEDAC - MECOBEL recorded a loss after taxes of € 1,851,257 in financial year 2025.

What is the revenue of SEDAC - MECOBEL?

In its most recent annual accounts (2025), SEDAC - MECOBEL reported revenue of € 36,692,572.

How much does an employee at SEDAC - MECOBEL earn?

The average wage cost per full-time employee at SEDAC - MECOBEL was € 61,900 in 2025: staff costs of € 12.5 million for 201.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does SEDAC - MECOBEL have?

According to the 2025 annual accounts, SEDAC - MECOBEL has 201.7 full-time equivalents (FTE).

SEDAC - MECOBEL (Public Limited) - Wevelgem

Dossier SEDAC - MECOBEL, printed on 29 October 2026 from databakkes.be/en/0405490979/sedac-mecobel. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Shrinking team NBB

FTE fell two years in a row, from 240.3 to 201.7.

Financials

Financial year 2025

SEDAC - MECOBEL from Wevelgem, company number BE0405490979, closed financial year 2025 with a result of € -1.9 million after tax. For that financial year SEDAC - MECOBEL recorded revenue of € 36.7 million and equity of € 17.8 million. Compared with financial year 2024, the result moved from € -789,641 to € -1.9 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 17, 2026.

What it is worth Healthy

€ 17.8 million

▼ 9% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -1.9 million

▼ 134 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.7 million

▼ 19% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 15.6 million.

People and assets in 2025

Full-time equivalents

201.7

▼ 18.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 4.8 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 12.5 million

▼ 2% vs 2024

€ 61,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 199,468

▲ 18% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 2.8 million

▼ 28% vs 2024

€ 1 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 2.1 million

▼ 7% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 34 days on average.

Taxes and wages

€ 2.1 million

▲ 8% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 49,501,580 Revenue 2022: € 49,501,580 First fiscal year in the series	€ 41,914,902 Revenue 2023: € 41,914,902 ▼ 15% vs 2022 (€ 49,501,580) Unfavourable step	€ 34,663,241 Revenue 2024: € 34,663,241 ▼ 17% vs 2023 (€ 41,914,902) Unfavourable step	€ 36,692,572 Revenue 2025: € 36,692,572 ▲ 6% vs 2024 (€ 34,663,241) Favourable step	▲ 6%
Profit after taxes	€ -884,305 Profit after taxes 2022: € -884,305 First fiscal year in the series	€ 84,067 Profit after taxes 2023: € 84,067 ▲ € 968,372 vs 2022 (€ -884,305) Favourable step	€ -789,641 Profit after taxes 2024: € -789,641 ▼ € 873,708 vs 2023 (€ 84,067) Unfavourable step	€ -1,851,257 Profit after taxes 2025: € -1,851,257 ▼ € 1.1 million vs 2024 (€ -789,641) Unfavourable step	▼ € 1.1 million
Equity	€ 20,816,512 Equity 2022: € 20,816,512 First fiscal year in the series	€ 20,400,579 Equity 2023: € 20,400,579 ▼ 2% vs 2022 (€ 20,816,512) Unfavourable step	€ 19,610,938 Equity 2024: € 19,610,938 ▼ 4% vs 2023 (€ 20,400,579) Unfavourable step	€ 17,759,681 Equity 2025: € 17,759,681 ▼ 9% vs 2024 (€ 19,610,938) Unfavourable step	▼ 9%
Total debts	€ 9,024,063 Total debts 2022: € 9,024,063 First fiscal year in the series	€ 8,396,229 Total debts 2023: € 8,396,229 ▼ 7% vs 2022 (€ 9,024,063) Favourable step	€ 11,435,624 Total debts 2024: € 11,435,624 ▲ 36% vs 2023 (€ 8,396,229) Unfavourable step	€ 6,918,146 Total debts 2025: € 6,918,146 ▼ 40% vs 2024 (€ 11,435,624) Favourable step	▼ 40%
Cash	€ 1,287,394 Cash 2022: € 1,287,394 First fiscal year in the series	€ 2,503,224 Cash 2023: € 2,503,224 ▲ 94% vs 2022 (€ 1,287,394) Favourable step	€ 2,060,179 Cash 2024: € 2,060,179 ▼ 18% vs 2023 (€ 2,503,224) Unfavourable step	€ 1,667,783 Cash 2025: € 1,667,783 ▼ 19% vs 2024 (€ 2,060,179) Unfavourable step	▼ 19%
Land & buildings	€ 2,207,756 Land & buildings 2022: € 2,207,756 First fiscal year in the series	€ 2,578,167 Land & buildings 2023: € 2,578,167 ▲ 17% vs 2022 (€ 2,207,756) Unchanged	€ 2,483,841 Land & buildings 2024: € 2,483,841 ▼ 4% vs 2023 (€ 2,578,167) Unchanged	€ 2,389,763 Land & buildings 2025: € 2,389,763 ▼ 4% vs 2024 (€ 2,483,841) Unchanged	▼ 4%
Retained profit	€ 18,647,669 Retained profit 2022: € 18,647,669 First fiscal year in the series	€ 18,231,736 Retained profit 2023: € 18,231,736 ▼ 2% vs 2022 (€ 18,647,669) Unfavourable step	€ 17,442,095 Retained profit 2024: € 17,442,095 ▼ 4% vs 2023 (€ 18,231,736) Unfavourable step	€ 15,590,838 Retained profit 2025: € 15,590,838 ▼ 11% vs 2024 (€ 17,442,095) Unfavourable step	▼ 11%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 500,000 Dividend 2023: € 500,000 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 500,000) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 2,850,000 Bank debt 2022: € 2,850,000 First fiscal year in the series	€ 2,250,000 Bank debt 2023: € 2,250,000 ▼ 21% vs 2022 (€ 2,850,000) Favourable step	€ 3,827,149 Bank debt 2024: € 3,827,149 ▲ 70% vs 2023 (€ 2,250,000) Unfavourable step	€ 2,762,133 Bank debt 2025: € 2,762,133 ▼ 28% vs 2024 (€ 3,827,149) Favourable step	▼ 28%
Balance sheet total	€ 29,915,761 Balance sheet total 2022: € 29,915,761 First fiscal year in the series	€ 28,973,377 Balance sheet total 2023: € 28,973,377 ▼ 3% vs 2022 (€ 29,915,761) Unchanged	€ 31,118,415 Balance sheet total 2024: € 31,118,415 ▲ 7% vs 2023 (€ 28,973,377) Unchanged	€ 24,767,658 Balance sheet total 2025: € 24,767,658 ▼ 20% vs 2024 (€ 31,118,415) Unchanged	▼ 20%
Employees (FTE)	253 Employees (FTE) 2022: 253 First fiscal year in the series	240.3 Employees (FTE) 2023: 240.3 ▼ 12.7 vs 2022 (253) Unchanged	220 Employees (FTE) 2024: 220 ▼ 20.3 vs 2023 (240.3) Unchanged	201.7 Employees (FTE) 2025: 201.7 ▼ 18.3 vs 2024 (220) Unchanged	▼ 18.3

Key figures of SEDAC - MECOBEL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to SEDAC - MECOBEL?

What happened at SEDAC - MECOBEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2028 LJB management BV stepped down as director. NBB
2028 Souad Khalil stepped down as director. NBB
Jun 17, 2026 New annual accounts for financial year 2025: loss of € 1.9 million. Source: NBB ↗
2026 Stefaan Gantois stepped down as director. NBB
2025 LJB management BV became a director. NBB
2025 Stefaan Gantois became a director. NBB
2025 Souad Khalil became a director. NBB
Jan 1, 1968 Start of the company according to the CBE. KBO

In short

From € 884,305 loss in 2022 to € 1.9 million loss in 2025.

Paid € 16,428 in corporate taxes since 2022.

Best year ever: 2023, with € 84,067 profit.

Paid out € 500,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

MECASEAT 100%

The stake of MECASEAT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

SEDAC - MECOBEL

Semepol Spolka z.o.o. 60%

The shares are held by MECASEAT (100%). It owns 60% of Semepol Spolka z.o.o. itself.

Directors

According to the 2025 annual accounts

LJB management BV

Managing director · represented by Jean Brossier

Also active at: MECASEAT

since 2025 · until 2028

Stefaan Gantois

Director

since 2025 · until 2026

Souad Khalil

Chairman of the board

since 2025 · until 2028

Shareholders

MECASEAT

100%

Participations

Semepol Spolka z.o.o.

60%

Establishments

Establishment units

Physical locations of this company

Registered office

Vlamingstraat 7

8560 Wevelgem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

SEDAC - TEXTILES

€ 1.1 million revenue · 2025

MECASEAT same network

€ 99,435 revenue · 2025

LJB MANAGEMENT same network

€ 325,886 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0405.490.979

VAT number

BE 0405.490.979

Registered office

Vlamingstraat 7, 8560 Wevelgem

Names & denominations

SEDAC - MECOBEL

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

1 January 1968

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Vervaardiging van eetkamer-, zitkamer-, slaapkamer- en badkamermeubelen

Vervaardiging van stoelen en zitmeubelen voor woningen en kantoren

View on CBE Public ↗ Annual accounts (NBB) ↗

SEDAC - MECOBEL

Warning lights

Financials

What happened to SEDAC - MECOBEL?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions