ACTIVE

POP FACTORY

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Financial year 2025 · closed on 31/12/2025

Net result

453,5 k €

+12.4% YoY

Revenue

15,7 M €

+24.5% YoY

Equity

5,6 M €

+8.9% YoY

Workforce

25,9 ETP

+5.3% YoY

What does POP FACTORY do?

POP FACTORY is a Public limited company incorporated in 1952. Its main activity is: Manufacture of articles of paper and paperboard. Its registered office is in Nivelles. It employs on average 25,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0401.832.594

Incorporation

18/08/1952

Legal form

Public limited company

Registered office

Rue du Bosquet 41
1400 Nivelles · WallonieSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

25,9 ETP

Activities (NACE)

17250Manufacture of articles of paper and paperboard· main 17290Manufacture of other articles of paper and paperboard 21250Manufacture of pharmaceutical preparations

Joint committees (2)

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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
Revenue	15,7 M €	+24.5%	12,6 M €	+20.0%	10,5 M €	-18.1%	12,8 M €	+6.5%	12 M €	+10.1%	10,9 M €	+10.3%	9,9 M €	+4.8%	9,5 M €	+3.4%	9,1 M €	-9.4%	10,1 M €	+9.2%	9,2 M €	+1.9%	9,1 M €	-4.3%	9,5 M €	+11.5%	8,5 M €	+10.7%	7,7 M €		–		–		5,3 M €	+25.0%	4,2 M €		–
EBITDA	1,5 M €	+20.9%	1,3 M €	+27.8%	998,1 k €	-25.4%	1,3 M €	-11.2%	1,5 M €	+39.4%	1,1 M €	-33.8%	1,6 M €	+26.2%	1,3 M €	+32.8%	974,1 k €	-21.7%	1,2 M €	-12.7%	1,4 M €	-11.5%	1,6 M €	-15.6%	1,9 M €	+31.3%	1,5 M €	+11.7%	1,3 M €	+36.2%	954,8 k €	+24.7%	765,9 k €	+2.7%	746 k €	+4.3%	715,6 k €	+29.9%	551 k €
Operating result	1 M €	+29.8%	803,4 k €	+63.9%	490,2 k €	-43.1%	860,9 k €	-15.3%	1 M €	+77.7%	572 k €	-51.9%	1,2 M €	+32.6%	896,5 k €	+70.8%	524,8 k €	-39.7%	869,8 k €	-19.9%	1,1 M €	-11.6%	1,2 M €	-15.5%	1,5 M €	+35.5%	1,1 M €	-2.3%	1,1 M €	+41.0%	778,8 k €	+34.3%	579,9 k €	-6.7%	621,8 k €	+8.9%	571 k €	+45.5%	392,5 k €
Net result	453,5 k €	+12.4%	403,3 k €	+247%	116,4 k €	-90.8%	1,3 M €	+94.1%	654,2 k €	+110%	311,8 k €	-69.7%	1 M €	+82.1%	565,3 k €	+97.8%	285,8 k €	-42.5%	497,4 k €	-22.1%	638,1 k €	-48.8%	1,2 M €	+50.6%	827,1 k €	+40.3%	589,5 k €	-16.0%	702 k €	+52.8%	459,3 k €	+37.8%	333,3 k €	-9.0%	366,4 k €	+8.1%	339,1 k €	+27.8%	265,4 k €
Balance sheet
Equity	5,6 M €	+8.9%	5,1 M €	+7.2%	4,8 M €	+2.3%	4,7 M €	+11.6%	4,2 M €	+17.5%	3,6 M €	+9.2%	3,3 M €	+29.0%	2,5 M €	+7.4%	2,4 M €	+4.3%	2,3 M €	+21.8%	1,8 M €	+0.2%	1,8 M €	+8.8%	1,7 M €	+22.6%	1,4 M €	+49.5%	926,1 k €	-4.9%	974,2 k €	+6.5%	914,9 k €	+10.0%	831,6 k €	+28.9%	645,2 k €	-50.6%	1,3 M €
Total assets	20,3 M €	+14.8%	17,7 M €	+24.9%	14,2 M €	-3.5%	14,7 M €	+17.3%	12,5 M €	-8.5%	13,7 M €	+0.5%	13,6 M €	+24.2%	11 M €	+15.4%	9,5 M €	-5.5%	10,1 M €	+13.8%	8,9 M €	-0.2%	8,9 M €	-12.4%	10,1 M €	+7.1%	9,5 M €	+20.0%	7,9 M €	+63.0%	4,8 M €	+3.8%	4,7 M €	+31.1%	3,6 M €	+4.0%	3,4 M €	+15.7%	3 M €
Cash	41,2 k €	-93.1%	595,9 k €	-18.1%	727,6 k €	+178%	262,1 k €	+1.2%	259 k €	-62.9%	698,7 k €	-4.1%	728,9 k €	-36.8%	1,2 M €	+68.2%	686,1 k €	+56.0%	439,8 k €	-12.3%	501,7 k €	-17.6%	608,6 k €	+18.9%	512 k €	+54.5%	331,4 k €	+20.3%	275,6 k €	+40.7%	195,8 k €	-11.2%	220,6 k €	-16.3%	263,4 k €	+492%	44,5 k €	-80.8%	231,8 k €
Debts	14,6 M €	+18.1%	12,4 M €	+32.2%	9,4 M €	-5.6%	9,9 M €	+19.5%	8,3 M €	-17.6%	10,1 M €	-1.1%	10,2 M €	+24.8%	8,2 M €	+17.4%	7 M €	-6.8%	7,5 M €	+11.1%	6,7 M €	+0.4%	6,7 M €	-20.1%	8,4 M €	+4.0%	8,1 M €	+16.3%	6,9 M €	+80.2%	3,8 M €	+4.6%	3,7 M €	+35.1%	2,7 M €	-1.8%	2,8 M €	+68.7%	1,6 M €
Other
Workforce	25,9 ETP	+5.3%	24,6 ETP	-1.6%	25,0 ETP	-2.3%	25,6 ETP	+0.4%	25,5 ETP	-0.4%	25,6 ETP	-3.0%	26,4 ETP	-4.0%	27,5 ETP	+1.5%	27,1 ETP	+19.9%	22,6 ETP	+0.9%	22,4 ETP	+6.7%	21,0 ETP	+6.6%	19,7 ETP	+0.5%	19,6 ETP	+7.1%	18,3 ETP	-4.2%	19,1 ETP	+7.9%	17,7 ETP	+14.2%	15,5 ETP	-6.1%	16,5 ETP	-4.1%	17,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 33 ended

Active mandates

POP SOLUTIONS

Director · since 30 juin 2023 · until 29 juin 2029 · 0888.070.632

Represented by Anne WAUTIER

Active

PROFIL CORPORATE

Director · since 30 juin 2023 · until 29 juin 2029 · 0464.648.014

Represented by John MORENT

Active

PVDC CONSULTING

Managing director · since 30 juin 2023 · until 29 juin 2029 · 0888.100.326

Represented by Pascal VANDECAVEYE

Active

Ended mandates

POP SOLUTIONS

Director · since 01 avril 2017 · until 01 avril 2023 · 0888.070.632

Represented by John MORENT

Ended

POP SOLUTIONS

Director · since 01 avril 2017 · until 30 juin 2023 · 0888.070.632

Represented by John MORENT

Ended

PROFIL CORPORATE

Director · since 01 avril 2017 · until 01 avril 2023 · 0464.648.014

Represented by John MORENT

Ended

PROFIL CORPORATE

Director · since 01 avril 2017 · until 30 juin 2023 · 0464.648.014

Represented by John MORENT

Ended

At this address

Other companies at this address

Company	CBE no.
POP METAL● Active	0447.989.748

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	29/07/2026	31/07/2025	29/07/2024	31/07/2023	31/08/2022	07/07/2021
General meeting	29/06/2026	27/06/2025	04/07/2024	30/06/2023	24/06/2022	25/06/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	29/06/2026	29/07/2026	French	PDF
Full model	31/12/2024	27/06/2025	31/07/2025	French	PDF
Full model	31/12/2023	04/07/2024	29/07/2024	French	PDF
Full model	31/12/2022	30/06/2023	31/07/2023	French	PDF
Full model	31/12/2021	24/06/2022	31/08/2022	French	PDF
Full model	31/12/2020	25/06/2021	07/07/2021	French	PDF
Full model	31/12/2019	29/07/2020	31/07/2020	French	PDF
Full model	31/12/2018	28/06/2019	12/08/2019	French	PDF
Full model	31/12/2017	29/06/2018	02/08/2018	French	PDF
Full modelCorrection	31/12/2016	13/06/2017	30/07/2018	French	PDF
Full model	31/12/2016	13/06/2017	22/08/2017	French	PDF
Full model	31/12/2015	16/06/2016	29/06/2016	French	PDF
Full model	31/12/2014	26/05/2015	23/06/2015	French	PDF
Full model	31/12/2013	18/06/2014	28/06/2014	French	PDF
Full model	31/12/2012	03/06/2013	18/06/2013	French	PDF
Full model	31/12/2011	22/05/2012	03/07/2012	French	PDF
Abridged model	31/12/2010	18/03/2011	13/06/2011	French	PDF
Abridged model	31/12/2009	01/03/2010	22/06/2010	French	PDF
Abridged model	31/12/2008	25/02/2009	25/05/2009	French	PDF
Abridged model	31/12/2007	05/04/2008	11/06/2008	French	PDF
Abridged model	31/12/2006	10/04/2007	29/05/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 3 active · 33 ended

Active mandates

POP SOLUTIONS

Director · since 30 juin 2023 · until 29 juin 2029 · 0888.070.632

Represented by Anne WAUTIER

Active

PROFIL CORPORATE

Director · since 30 juin 2023 · until 29 juin 2029 · 0464.648.014

Represented by John MORENT

Active

PVDC CONSULTING

Managing director · since 30 juin 2023 · until 29 juin 2029 · 0888.100.326

Represented by Pascal VANDECAVEYE

Active

Ended mandates

POP SOLUTIONS

Director · since 01 avril 2017 · until 01 avril 2023 · 0888.070.632

Represented by John MORENT

Ended

POP SOLUTIONS

Director · since 01 avril 2017 · until 30 juin 2023 · 0888.070.632

Represented by John MORENT

Ended

PROFIL CORPORATE

Director · since 01 avril 2017 · until 01 avril 2023 · 0464.648.014

Represented by John MORENT

Ended

PROFIL CORPORATE

Director · since 01 avril 2017 · until 30 juin 2023 · 0464.648.014

Represented by John MORENT

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/07/2024
DEMISSIONS, NOMINATIONS
PDF
Other02/02/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates10/02/2021
DEMISSIONS, NOMINATIONS
PDF
Other26/02/2018
ASSEMBLEE GENERALE
PDF
Mandates06/02/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates08/09/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates17/07/2014
DEMISSIONS, NOMINATIONS
PDF
Mandates12/12/2012
DENOMINATION - OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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 2025453,5 k €↑
2024
Annual accounts 2024403,3 k €↑
2023
Annual accounts 2023116,4 k €↓
2022
Annual accounts 20221,3 M €↑
2021
Annual accounts 2021654,2 k €↑
2020
Annual accounts 2020311,8 k €↓
2019
Annual accounts 20191 M €↑
2018
Annual accounts 2018565,3 k €↑
2017
Annual accounts 2017285,8 k €↓
2016
Annual accounts 2016497,4 k €↓
2015
Annual accounts 2015638,1 k €↓
2014
Annual accounts 20141,2 M €↑
2013
Annual accounts 2013827,1 k €↑
2012
Annual accounts 2012589,5 k €↓
2011
Annual accounts 2011702 k €↑
2010
Annual accounts 2010459,3 k €↑
2009
Annual accounts 2009333,3 k €↓
2008
Annual accounts 2008366,4 k €↑
2007
Annual accounts 2007339,1 k €↑
2006
Annual accounts 2006265,4 k €
18/08/1952
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

POP FACTORY

Overview

What does POP FACTORY 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