ACTIVE

Pittsburgh Corning Europe

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Financial year 2025 · closed on 31/12/2025

Net result

16,7 M €

-48.0% YoY

Revenue

170,8 M €

-3.0% YoY

Equity

132,2 M €

+14.4% YoY

Workforce

343,0 ETP

+1.0% YoY

What does Pittsburgh Corning Europe do?

Pittsburgh Corning Europe is a Public limited company incorporated in 1963. Its registered office is in Tessenderlo-Ham. It employs on average 343,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0401.338.785

Incorporation

09/04/1963

Legal form

Public limited company

Registered office

Albertkade 1
3980 Tessenderlo-Ham · FlandreSee on map

Contributed capital

2 416 962,00 €

Latest accounts

31/12/2025

Average workforce

343,0 ETP

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

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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
Revenue	170,8 M €	-3.0%	176,1 M €	+38.0%	127,5 M €	+9.5%	116,5 M €	+8.0%	107,9 M €	+25.7%	85,9 M €	-6.4%	91,7 M €	+20.0%	76,4 M €	-13.6%	88,4 M €	+5.0%	84,2 M €	-11.6%	95,2 M €	-6.5%	101,8 M €	-0.1%	101,9 M €	+12.2%	90,8 M €	-1.4%	92,1 M €	+1.4%	90,9 M €	+0.9%	90 M €	+1.7%	88,5 M €	+8.0%	82 M €	-8.5%	89,6 M €
EBITDA	25,3 M €	+11.4%	22,7 M €	+37.1%	16,6 M €	+86.6%	8,9 M €	-50.5%	17,9 M €	+93.9%	9,2 M €	-8.9%	10,2 M €	+101%	5,1 M €	+109%	2,4 M €	-67.9%	7,5 M €	-19.3%	9,3 M €	-37.0%	14,8 M €	-9.1%	16,3 M €	+66.3%	9,8 M €	-5.2%	10,4 M €	-24.6%	13,7 M €	+15.5%	11,9 M €	-39.8%	19,8 M €	+24.8%	15,8 M €	-41.6%	27,1 M €
Operating result	20,5 M €	+4.5%	19,6 M €	+80.3%	10,9 M €	+116%	5 M €	-65.5%	14,6 M €	+148%	5,9 M €	-5.3%	6,2 M €	+296%	1,6 M €	+231%	-1,2 M €	-127%	4,5 M €	-17.1%	5,4 M €	-53.7%	11,6 M €	-13.3%	13,4 M €	+89.9%	7,1 M €	-8.7%	7,8 M €	-30.9%	11,2 M €	+19.2%	9,4 M €	-45.7%	17,3 M €	+45.9%	11,9 M €	-49.0%	23,3 M €
Net result	16,7 M €	-48.0%	32,1 M €	+48.2%	21,6 M €	+50.4%	14,4 M €	-33.1%	21,5 M €	+201%	7,1 M €	+58.7%	4,5 M €	+242%	1,3 M €	+264%	361,8 k €	-96.8%	11,3 M €	-14.2%	13,2 M €	-24.7%	17,5 M €	+13.3%	15,5 M €	-15.2%	18,2 M €	+1.3%	18 M €	+4.2%	17,3 M €	+18.2%	14,6 M €	-39.8%	24,3 M €	+21.2%	20 M €	-13.4%	23,1 M €
Balance sheet
Equity	132,2 M €	+14.4%	115,5 M €	+38.4%	83,4 M €	-3.9%	86,8 M €	+19.9%	72,4 M €	-4.6%	75,9 M €	+10.4%	68,8 M €	+7.0%	64,3 M €	+2.1%	63 M €	+0.6%	62,6 M €	-76.4%	264,8 M €	+5.2%	251,6 M €	+7.5%	234,1 M €	+7.1%	218,7 M €	+9.1%	200,4 M €	+9.8%	182,5 M €	+10.4%	165,3 M €	+9.7%	150,7 M €	+19.2%	126,4 M €	+18.7%	106,5 M €
Total assets	181 M €	+9.5%	165,3 M €	+6.8%	154,8 M €	+12.9%	137,1 M €	+32.6%	103,4 M €	+6.1%	97,4 M €	+10.6%	88,1 M €	+11.9%	78,8 M €	-1.4%	79,9 M €	-6.0%	85 M €	-70.4%	287,4 M €	+4.4%	275,4 M €	+8.9%	253 M €	+7.2%	236,1 M €	+7.1%	220,3 M €	+10.0%	200,3 M €	+8.6%	184,5 M €	+9.7%	168,2 M €	+15.3%	145,8 M €	+16.2%	125,4 M €
Cash	20,1 M €	-57.9%	47,9 M €	+15.8%	41,3 M €	-3.8%	43 M €	+16.9%	36,8 M €	+49.2%	24,6 M €	-0.1%	24,7 M €	+104%	12,1 M €	-39.2%	19,9 M €	+28.1%	15,5 M €	-79.6%	76,1 M €	+140%	31,6 M €	-59.1%	77,4 M €	+8.9%	71,1 M €	+622%	9,8 M €	-14.7%	11,5 M €	+193%	3,9 M €	+201%	1,3 M €	-98.4%	79,5 M €	+5.8%	75,1 M €
Debts	47,7 M €	-1.5%	48,4 M €	-30.8%	69,9 M €	+39.9%	50 M €	+64.3%	30,4 M €	+46.2%	20,8 M €	+10.9%	18,8 M €	+34.9%	13,9 M €	-11.8%	15,8 M €	-25.6%	21,2 M €	-2.1%	21,7 M €	-4.8%	22,8 M €	+26.3%	18 M €	+8.9%	16,6 M €	-12.7%	19 M €	+23.8%	15,3 M €	-9.2%	16,9 M €	+14.7%	14,7 M €	-0.2%	14,7 M €	+1.4%	14,5 M €
Other
Workforce	343,0 ETP	+1.0%	339,5 ETP	-3.7%	352,6 ETP	-3.2%	364,2 ETP	+2.8%	354,4 ETP	+8.2%	327,5 ETP	-3.3%	338,6 ETP	+3.1%	328,4 ETP	-3.2%	339,2 ETP	+3.5%	327,6 ETP	-6.9%	351,7 ETP	+1.7%	345,9 ETP	+0.9%	342,8 ETP	-2.7%	352,3 ETP	-1.5%	357,6 ETP	+3.7%	344,9 ETP	+2.2%	337,5 ETP	+5.6%	319,6 ETP	-0.2%	320,3 ETP	-2.1%	327,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 60 ended

Active mandates

Axelle Nyst

Director · since 21 mai 2025 · until 20 mai 2031

Active

Philip Maes

Director · since 16 septembre 2019 · until 15 septembre 2031

Active

Jan Coerts

Director · since 20 mars 2019 · until 19 mars 2031

Active

Xavier Notard

Director · since 03 juillet 2017 · until 21 mai 2025

Active

Ended mandates

Anders Dahlblom

Director · since 16 septembre 2019

Ended

Mauricio Henriques Campos Nascimento

Director · since 16 septembre 2019 · until 21 mai 2026

Ended

Mauricio Henriques Campos Nascimento

Director · since 16 septembre 2019

Ended

Philip Maes

Director · since 16 septembre 2019 · until 21 mai 2026

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	23/06/2026	23/06/2025	19/06/2024	16/06/2023	30/06/2022	28/06/2021
General meeting	20/05/2026	21/05/2025	15/05/2024	17/05/2023	18/05/2022	19/05/2021
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

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	20/05/2026	23/06/2026	Dutch	PDF
Full model	31/12/2024	21/05/2025	23/06/2025	Dutch	PDF
Full model	31/12/2023	15/05/2024	19/06/2024	Dutch	PDF
Full model	31/12/2022	17/05/2023	16/06/2023	Dutch	PDF
Full model	31/12/2021	18/05/2022	30/06/2022	Dutch	PDF
Full model	31/12/2020	19/05/2021	28/06/2021	Dutch	PDF
Full model	31/12/2019	20/05/2020	11/06/2020	Dutch	PDF
Full modelCorrection	31/12/2018	15/05/2019	12/02/2020	Dutch	PDF
Full model	31/12/2018	15/05/2019	24/06/2019	Dutch	PDF
Full model	31/12/2017	16/05/2018	05/06/2018	Dutch	PDF
Full model	31/12/2016	17/05/2017	23/05/2017	Dutch	PDF
Full model	31/12/2015	18/05/2016	01/06/2016	Dutch	PDF
Full modelCorrection	31/12/2014	20/05/2015	19/04/2016	Dutch	PDF
Full model	31/12/2014	20/05/2015	05/06/2015	Dutch	PDF
Full model	31/12/2013	21/05/2014	26/05/2014	Dutch	PDF
Full model	31/12/2012	15/05/2013	27/05/2013	Dutch	PDF
Full model	31/12/2011	16/05/2012	01/06/2012	Dutch	PDF
Full model	31/12/2010	18/05/2011	15/06/2011	Dutch	PDF
Full model	31/12/2009	19/05/2010	01/06/2010	Dutch	PDF
Full model	31/12/2008	20/05/2009	15/06/2009	Dutch	PDF
Full model	31/12/2007	21/05/2008	21/05/2008	Dutch	PDF
Full model	31/12/2006	16/05/2007	11/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 · 4 active · 60 ended

Active mandates

Axelle Nyst

Director · since 21 mai 2025 · until 20 mai 2031

Active

Philip Maes

Director · since 16 septembre 2019 · until 15 septembre 2031

Active

Jan Coerts

Director · since 20 mars 2019 · until 19 mars 2031

Active

Xavier Notard

Director · since 03 juillet 2017 · until 21 mai 2025

Active

Ended mandates

Anders Dahlblom

Director · since 16 septembre 2019

Ended

Mauricio Henriques Campos Nascimento

Director · since 16 septembre 2019 · until 21 mai 2026

Ended

Mauricio Henriques Campos Nascimento

Director · since 16 septembre 2019

Ended

Philip Maes

Director · since 16 septembre 2019 · until 21 mai 2026

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other10/06/2026
DIVERSEN
PDF
Other11/03/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates23/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other03/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates13/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/11/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/12/2021
ONTSLAGEN - BENOEMINGEN
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 202516,7 M €↓
21/05/2025
nominationAxelle Nyst — bestuurder
21/05/2025
reconductionPhilip Maes — bestuurder
21/05/2025
reconductionJan Coerts — bestuurder
2024
Annual accounts 202432,1 M €↑
2023
Annual accounts 202321,6 M €↑
07/09/2023
nominationKatrijn Verhaegen — vaste vertegenwoordiger van de commissaris
17/05/2023
reconductionXavier Notard — bestuurder
17/05/2023
nominationPatrick Mortroux — commissaris
2022
Annual accounts 202214,4 M €↓
2021
Annual accounts 202121,5 M €↑
2020
Annual accounts 20207,1 M €↑
2019
Annual accounts 20194,5 M €↑
2018
Annual accounts 20181,3 M €↑
2017
Annual accounts 2017361,8 k €↓
2016
Annual accounts 201611,3 M €↓
2015
Annual accounts 201513,2 M €↓
2014
Annual accounts 201417,5 M €↑
2013
Annual accounts 201315,5 M €↓
2012
Annual accounts 201218,2 M €↑
2011
Annual accounts 201118 M €↑
2010
Annual accounts 201017,3 M €↑
2009
Annual accounts 200914,6 M €↓
2008
Annual accounts 200824,3 M €↑
2007
Annual accounts 200720 M €↓
2006
Annual accounts 200623,1 M €
09/04/1963
IncorporationPublic 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

Pittsburgh Corning Europe

Overview

What does Pittsburgh Corning Europe do?

Trend over 20 financial years

Indicative valuation

Board of directors

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