ACTIVE

Pittsburgh Corning Europe

Financial year 2025 · Closed on 31/12/2025

Net result16,7 M €-48,0 %over 1 year
Revenue170,8 M €-3,0 %over 1 year
Equity132,2 M €+14,4 %over 1 year
Workforce343,0 ETP+1,0 %over 1 year

Identity

Source · BCE/KBO

Pittsburgh Corning Europe is a Public limited company incorporated in 1963. Its main activity is: Manufacture of glass and glass products. 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)
  • 115
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 22 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue170,8 M €176,1 M €127,5 M €116,5 M €107,9 M €
EBITDA25,3 M €22,7 M €16,6 M €8,9 M €17,9 M €
Operating result20,5 M €19,6 M €10,9 M €5 M €14,6 M €
Net result16,7 M €32,1 M €21,6 M €14,4 M €21,5 M €
Balance sheet
Equity132,2 M €115,5 M €83,4 M €86,8 M €72,4 M €
Total assets181 M €165,3 M €154,8 M €137,1 M €103,4 M €
Cash20,1 M €47,9 M €41,3 M €43 M €36,8 M €
Debts47,7 M €48,4 M €69,9 M €50 M €30,4 M €
Other
Workforce343,0 ETP339,5 ETP352,6 ETP364,2 ETP354,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 28 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Axelle Nyst
Director21/05/2025 → 20/05/2031
Philip Maes
Director16/09/2019 → 15/09/2031
Jan Coerts
Director20/03/2019 → 19/03/2031
Xavier Notard
Director03/07/2017 → 17/05/2029

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Anders Dahlblom
Director16/09/2019 → 2019 accounts
Mauricio Henriques Campos Nascimento
Director16/09/2019 → 2021 accounts
Claire Dagommer
Director03/07/2017 → 2018 accounts

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date23/06/202623/06/202519/06/202416/06/202330/06/202228/06/2021
General meeting20/05/202621/05/202515/05/202417/05/202318/05/202219/05/2021
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, 22 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202520/05/202623/06/2026DutchPDF
Full model31/12/202421/05/202523/06/2025DutchPDF
Full model31/12/202315/05/202419/06/2024DutchPDF
Full model31/12/202217/05/202316/06/2023DutchPDF
Full model31/12/202118/05/202230/06/2022DutchPDF
Full model31/12/202019/05/202128/06/2021DutchPDF
Full model31/12/201920/05/202011/06/2020DutchPDF
Full modelCorrection31/12/201815/05/201912/02/2020DutchPDF
Full model31/12/201815/05/201924/06/2019DutchPDF
Full model31/12/201716/05/201805/06/2018DutchPDF
Full model31/12/201617/05/201723/05/2017DutchPDF
Full model31/12/201518/05/201601/06/2016DutchPDF
Full modelCorrection31/12/201420/05/201519/04/2016DutchPDF
Full model31/12/201420/05/201505/06/2015DutchPDF
Full model31/12/201321/05/201426/05/2014DutchPDF
Full model31/12/201215/05/201327/05/2013DutchPDF
Full model31/12/201116/05/201201/06/2012DutchPDF
Full model31/12/201018/05/201115/06/2011DutchPDF
Full model31/12/200919/05/201001/06/2010DutchPDF
Full model31/12/200820/05/200915/06/2009DutchPDF
Full model31/12/200721/05/200821/05/2008DutchPDF
Full model31/12/200616/05/200711/06/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 28 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Axelle Nyst
Director21/05/2025 → 20/05/2031
Philip Maes
Director16/09/2019 → 15/09/2031
Jan Coerts
Director20/03/2019 → 19/03/2031
Xavier Notard
Director03/07/2017 → 17/05/2029

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Anders Dahlblom
Director16/09/2019 → 2019 accounts
Mauricio Henriques Campos Nascimento
Director16/09/2019 → 2021 accounts
Claire Dagommer
Director03/07/2017 → 2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • 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

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation1963
Name
Registered office
Annual accounts
Filings20 filings
Mandates
Axelle Nyst
Philip Maes
Jan Coerts
Xavier Notard
Anders Dahlblom
Mauricio Henriques Campos Nascimento
Donald Lemmens
Claire Dagommer
Grégoire Morel
Emilio Mariani
Todd Fister
Harry Huge
196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031
Pittsburgh Corning Europe
Albertkade 1, 3980 Tessenderlo-Ham
Director
Director
Director
Director
Director
Director
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Albertkade 1, 3980 Tessenderlo-HamCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00218170

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Pittsburgh Corning EuropeCurrent
accounts 2006 → 2025
Accounts 2025 · 2026-00218170

Events

  1. 2025
    Annual accounts 202516,7 M €↓
  2. 21/05/2025
    nominationAxelle Nyst · bestuurder
  3. 21/05/2025
    reconductionPhilip Maes · bestuurder
  4. 21/05/2025
    reconductionJan Coerts · bestuurder
  5. 2024
    Annual accounts 202432,1 M €↑
  6. 2023
    Annual accounts 202321,6 M €↑
  7. 07/09/2023
    nominationKatrijn Verhaegen · vaste vertegenwoordiger van de commissaris
  8. 17/05/2023
    reconductionXavier Notard · bestuurder
  9. 17/05/2023
    nominationPatrick Mortroux · commissaris
  10. 2022
    Annual accounts 202214,4 M €↓
  11. 2021
    Annual accounts 202121,5 M €↑
  12. 2020
    Annual accounts 20207,1 M €↑
  13. 2019
    Annual accounts 20194,5 M €↑
  14. 2018
    Annual accounts 20181,3 M €↑
  15. 2017
    Annual accounts 2017361,8 k €↓
  16. 2016
    Annual accounts 201611,3 M €↓
  17. 2015
    Annual accounts 201513,2 M €↓
  18. 2014
    Annual accounts 201417,5 M €↑
  19. 2013
    Annual accounts 201315,5 M €↓
  20. 2012
    Annual accounts 201218,2 M €↑
  21. 2011
    Annual accounts 201118 M €↑
  22. 2010
    Annual accounts 201017,3 M €↑
  23. 2009
    Annual accounts 200914,6 M €↓
  24. 2008
    Annual accounts 200824,3 M €↑
  25. 2007
    Annual accounts 200720 M €↓
  26. 2006
    Annual accounts 200623,1 M €
  27. 09/04/1963
    IncorporationPublic limited company