ACTIVE

J. Penen & C°

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Financial year 2025 · closed on 31/12/2025

Net result

-218,2 k €

+45.6% YoY

Revenue

9,9 M €

-22.0% YoY

Equity

6,3 M €

-3.4% YoY

Workforce

28,3 ETP

+3.3% YoY

What does J. Penen & C° do?

J. Penen & C° is a Public limited company incorporated in 1968. Its main activity is: Manufacture of fasteners and screw machine products. Its registered office is in Malle. It employs on average 28,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0404.980.740

Incorporation

01/01/1968

Legal form

Public limited company

Registered office

Nijverheidsstraat 5
2390 Malle · FlandreSee on map

Contributed capital

3 085 355,11 €

Latest accounts

31/12/2025

Average workforce

28,3 ETP

Activities (NACE)

25940Manufacture of fasteners and screw machine products· main 25940Manufacture of fasteners and screw machine products 28741Manufacture of machinery and equipment n.e.c.

Joint committees (2)

Signals

Solid 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 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	9,9 M €	-22.0%	12,7 M €	-5.0%	13,3 M €	-25.5%	17,9 M €	+15.1%	15,5 M €	+7.5%	14,5 M €	-6.2%	15,4 M €	-4.7%	16,2 M €	+4.1%	15,5 M €	+15.2%	13,5 M €	-12.2%	15,4 M €	-2.8%	15,8 M €	+10.2%	14,3 M €	-10.4%	16 M €	-6.4%	17,1 M €	-5.7%	18,1 M €	+32.8%	13,6 M €	-41.6%	23,4 M €
EBITDA	412,2 k €	+107%	199,2 k €	-49.6%	395,3 k €	-59.7%	980 k €	-37.5%	1,6 M €	+302%	390,1 k €	-48.3%	754,3 k €	-23.7%	988,1 k €	-7.0%	1,1 M €	+43.4%	741,1 k €	+133%	317,4 k €	-54.7%	700,7 k €	+40.2%	499,9 k €	+11.4%	448,8 k €	-53.3%	960,6 k €	-35.7%	1,5 M €	+66.3%	898,3 k €	-28.0%	1,2 M €
Operating result	16,9 k €	+108%	-205,8 k €	-1050%	21,7 k €	-96.7%	651,2 k €	-46.2%	1,2 M €	+3534%	33,3 k €	-92.2%	427 k €	-36.8%	675,2 k €	-15.7%	801,1 k €	+74.9%	458 k €	+833%	49,1 k €	-88.3%	419,5 k €	-21.7%	535,6 k €	+414%	-170,4 k €	-124%	725 k €	-40.9%	1,2 M €	+27.7%	961,1 k €	+39.3%	690,2 k €
Net result	-218,2 k €	+45.6%	-400,9 k €	-19.9%	-334,4 k €	-218%	284 k €	-52.2%	594,5 k €	+671%	-104,1 k €	-435%	31 k €	-90.9%	339,3 k €	-19.6%	421,8 k €	+73.3%	243,4 k €	+128%	-856,7 k €	-510%	-140,4 k €	-98.9%	-70,6 k €	+92.2%	-904,9 k €	-3448%	27 k €	-92.8%	377 k €	+69.9%	221,9 k €	+57.2%	141,1 k €
Balance sheet
Equity	6,3 M €	-3.4%	6,5 M €	-5.8%	6,9 M €	+48.2%	4,6 M €	+6.5%	4,4 M €	+15.8%	3,8 M €	-2.7%	3,9 M €	+0.8%	3,8 M €	+9.7%	3,5 M €	+13.7%	3,1 M €	+8.6%	2,8 M €	-23.2%	3,7 M €	-5.4%	3,9 M €	-3.5%	4 M €	+130%	1,8 M €	-11.1%	2 M €	+0.5%	2 M €	+4.7%	1,9 M €
Total assets	10,6 M €	-8.8%	11,6 M €	+0.1%	11,6 M €	+3.4%	11,2 M €	+1.9%	11 M €	+21.7%	9 M €	-11.1%	10,2 M €	+2.8%	9,9 M €	+8.1%	9,1 M €	+16.2%	7,9 M €	+7.1%	7,3 M €	-23.7%	9,6 M €	+14.5%	8,4 M €	-14.6%	9,8 M €	+13.5%	8,7 M €	+11.0%	7,8 M €	+9.8%	7,1 M €	-12.2%	8,1 M €
Cash	43,1 k €	-94.3%	752,4 k €	+1266%	55,1 k €	-79.5%	269,3 k €	-21.1%	341,5 k €	+5.4%	324 k €	-65.8%	948,6 k €	+357%	207,8 k €	+120%	94,4 k €	-0.8%	95,1 k €	+30.3%	73 k €	-55.0%	162 k €	+192%	55,4 k €	-37.0%	88 k €	+65.4%	53,2 k €	-5.1%	56,1 k €	-93.8%	910,9 k €	+20.7%	754,8 k €
Debts	4,2 M €	-15.9%	5 M €	+12.3%	4,5 M €	-29.8%	6,4 M €	-1.9%	6,5 M €	+28.2%	5,1 M €	-17.2%	6,1 M €	+3.9%	5,9 M €	+6.5%	5,5 M €	+19.2%	4,6 M €	+7.2%	4,3 M €	-25.7%	5,8 M €	+32.6%	4,4 M €	-22.0%	5,6 M €	-16.4%	6,7 M €	+18.2%	5,7 M €	+13.9%	5 M €	-17.8%	6,1 M €
Other
Workforce	28,3 ETP	+3.3%	27,4 ETP	-1.4%	27,8 ETP	-11.2%	31,3 ETP	-3.7%	32,5 ETP	-1.8%	33,1 ETP	-2.9%	34,1 ETP	-5.0%	35,9 ETP	+8.1%	33,2 ETP	-0.6%	33,4 ETP	+4.4%	32,0 ETP	+11.9%	28,6 ETP	-1.0%	28,9 ETP	-5.2%	30,5 ETP	-5.6%	32,3 ETP	+1.9%	31,7 ETP	-3.9%	33,0 ETP	-11.3%	37,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 21 ended

Active mandates

Johan Kaers

Managing director · since 01 octobre 2024 · until 30 septembre 2030

Active

Erik Karlsen

Director · since 14 mai 2021 · until 14 mai 2027

Active

Pretec Group AS

Director · since 14 mai 2021 · until 14 mai 2027

Represented by Even A. Karlsen

Active

Ended mandates

Ha-Ver

Managing director · since 14 mai 2021 · until 30 septembre 2024 · 0831.569.320

Represented by Koen Hannes

Ended

Ha-Ver

Managing director · since 14 mai 2021 · until 14 mai 2027 · 0831.569.320

Represented by Koen Hannes

Ended

Ha-Ver

Managing director · since 14 mai 2021 · until 14 mai 2027 · 0831.569.320

Represented by Koen Hannes

Ended

Erik Karlsen

Director · since 14 mai 2020 · until 30 septembre 2021

Ended

At this address

Other companies at this address

Company	CBE no.
PENEN DRILLING SYSTEM● Active	0823.995.105

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	29/06/2026	07/07/2025	16/05/2024	06/06/2023	24/05/2022	26/05/2021
General meeting	26/06/2026	25/06/2025	10/05/2024	11/05/2023	12/05/2022	14/05/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	26/06/2026	29/06/2026	Dutch	PDF
Full model	31/12/2024	25/06/2025	07/07/2025	Dutch	PDF
Full model	31/12/2023	10/05/2024	16/05/2024	Dutch	PDF
Full model	31/12/2022	11/05/2023	06/06/2023	Dutch	PDF
Full model	31/12/2021	12/05/2022	24/05/2022	Dutch	PDF
Full model	31/12/2020	14/05/2021	26/05/2021	Dutch	PDF
Full model	31/12/2019	14/05/2020	15/05/2020	Dutch	PDF
Full model	31/12/2018	09/05/2019	14/05/2019	Dutch	PDF
Full model	31/12/2017	11/05/2018	06/06/2018	Dutch	PDF
Full model	31/12/2016	11/05/2017	24/05/2017	Dutch	PDF
Full model	31/12/2015	12/05/2016	31/05/2016	Dutch	PDF
Full model	31/12/2014	15/05/2015	09/06/2015	Dutch	PDF
Full model	31/12/2013	08/05/2014	05/06/2014	Dutch	PDF
Full model	31/12/2012	10/05/2013	27/06/2013	Dutch	PDF
Full model	31/12/2011	10/05/2012	20/08/2012	Dutch	PDF
Full model	31/12/2010	12/05/2011	14/06/2011	Dutch	PDF
Full model	31/12/2009	17/05/2010	03/08/2010	Dutch	PDF
Full model	31/12/2008	14/05/2009	22/06/2009	Dutch	PDF
Full model	31/12/2007	29/05/2008	23/06/2008	Dutch	PDF
Full model	31/12/2006	10/05/2007	22/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 3 active · 21 ended

Active mandates

Johan Kaers

Managing director · since 01 octobre 2024 · until 30 septembre 2030

Active

Erik Karlsen

Director · since 14 mai 2021 · until 14 mai 2027

Active

Pretec Group AS

Director · since 14 mai 2021 · until 14 mai 2027

Represented by Even A. Karlsen

Active

Ended mandates

Ha-Ver

Managing director · since 14 mai 2021 · until 30 septembre 2024 · 0831.569.320

Represented by Koen Hannes

Ended

Ha-Ver

Managing director · since 14 mai 2021 · until 14 mai 2027 · 0831.569.320

Represented by Koen Hannes

Ended

Ha-Ver

Managing director · since 14 mai 2021 · until 14 mai 2027 · 0831.569.320

Represented by Koen Hannes

Ended

Erik Karlsen

Director · since 14 mai 2020 · until 30 septembre 2021

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares22/02/2024
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates23/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/06/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/12/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/11/2015
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 2025-218,2 k €↑
2024
Annual accounts 2024-400,9 k €↓
2023
Annual accounts 2023-334,4 k €↓
2022
Annual accounts 2022284 k €↓
2021
Annual accounts 2021594,5 k €↑
2021
Name changeJ. Penen & C°
2020
Annual accounts 2020-104,1 k €↓
2019
Annual accounts 201931 k €↓
2018
Annual accounts 2018339,3 k €↓
2017
Annual accounts 2017421,8 k €↑
2016
Annual accounts 2016243,4 k €↑
2015
Annual accounts 2015-856,7 k €↓
2014
Annual accounts 2014-140,4 k €↓
2013
Annual accounts 2013-70,6 k €↑
2012
Annual accounts 2012-904,9 k €↓
2011
Annual accounts 201127 k €↓
2010
Annual accounts 2010377 k €↑
2009
Annual accounts 2009221,9 k €↑
2008
Annual accounts 2008141,1 k €
2008
Name changeJ. Penen En Compagnie
01/01/1968
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

J. Penen & C°

Overview

What does J. Penen & C° do?

Trend over 18 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