ACTIVE

PEMCO Belgium

Financial year 2024 · Closed on 31/12/2024

Net result3 M €+10,5 %over 1 year
Revenue50,9 M €-9,8 %over 1 year
Equity29,9 M €+10,8 %over 1 year
Workforce113,4 ETP-2,7 %over 1 year

Identity

Source · BCE/KBO

PEMCO Belgium is a Private limited company incorporated in 1969. Its registered office is in Brugge. It employs on average 113,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0406.863.233
Incorporation
19/09/1969
Legal form
Private limited company
Registered office
Pathoekeweg 116-118
8000 Brugge · FlandreSee on map
Contributed capital
11 817 650,00 €
Latest accounts
31/12/2024
Average workforce
113,4 ETP
Joint committees (2)
  • 116
  • 207
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 17 financial years

20242023202220212020
Income statement
Revenue50,9 M €56,4 M €57,1 M €49,4 M €41,2 M €
EBITDA4,1 M €4,5 M €5,1 M €6,1 M €3,6 M €
Operating result2,6 M €4,2 M €4,4 M €5,5 M €3 M €
Net result3 M €2,7 M €3,3 M €4,1 M €2,9 M €
Balance sheet
Equity29,9 M €27 M €23 M €13,6 M €9,5 M €
Total assets40,2 M €35,2 M €38,3 M €32,8 M €33,3 M €
Cash5,2 M €534,6 k €2,1 M €849,7 k €462,8 k €
Debts9,8 M €7,2 M €14,3 M €17,5 M €22 M €
Other
Workforce113,4 ETP116,6 ETP114,3 ETP110,3 ETP108,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 31 ended

Active mandates

Jonathan CORK

Director · since 25 janvier 2022

Active

Ended mandates

Patrick VERLEYE

Director · since 25 janvier 2022

Ended
Ralf SCHOENFELDER

Director · since 19 novembre 2019 · until 25 janvier 2022

Ended
Ralf SCHOENFELDER

Director · since 19 novembre 2019

Ended
Ralf SCHONFELDER

Director · since 09 novembre 2019

Ended

Other companies at this address

Pathoekeweg 116-118 8000 Brugge
CompanyCBE no.
Smalto Belgium● Active
0784.854.318

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/07/202518/10/202430/11/202302/08/202207/07/202115/12/2020
General meeting30/06/202516/10/202427/10/202313/06/202214/06/202125/11/2020
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202430/06/202524/07/2025DutchPDF
Full model31/12/202316/10/202418/10/2024DutchPDF
Full model31/12/202227/10/202330/11/2023DutchPDF
Full model31/12/202113/06/202202/08/2022DutchPDF
Full model31/12/202014/06/202107/07/2021DutchPDF
Full model31/12/201925/11/202015/12/2020DutchPDF
Full model31/12/201810/07/201921/08/2019DutchPDF
Full model31/12/201702/07/201810/07/2018DutchPDF
Full model31/12/201612/06/201714/07/2017DutchPDF
Full model31/12/201527/06/201614/07/2016DutchPDF
Full model31/12/201430/06/201508/07/2015DutchPDF
Full model31/12/201319/08/201424/09/2014DutchPDF
Full model31/12/201231/07/201324/09/2013DutchPDF
Full model31/12/201126/06/201212/07/2012DutchPDF
Full model31/12/201002/06/201130/06/2011DutchPDF
Full model31/12/200922/06/201013/07/2010DutchPDF
Full model31/12/200828/08/200928/08/2009DutchPDF
Full model31/12/200718/09/200806/10/2008DutchPDF
Full model31/12/200627/06/200726/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 31/12/2024

1 active · 31 ended

Active mandates

Jonathan CORK

Director · since 25 janvier 2022

Active

Ended mandates

Patrick VERLEYE

Director · since 25 janvier 2022

Ended
Ralf SCHOENFELDER

Director · since 19 novembre 2019 · until 25 janvier 2022

Ended
Ralf SCHOENFELDER

Director · since 19 novembre 2019

Ended
Ralf SCHONFELDER

Director · since 09 novembre 2019

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates06/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/05/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other13/05/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Capital / shares29/04/2022
    KAPITAAL - AANDELEN
    PDF
  • Mandates14/02/2022
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other09/02/2022
    DIVERSEN
    PDF
  • Mandates29/03/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 20243 M €↑
  2. 2023
    Annual accounts 20232,7 M €↓
  3. 2022
    Annual accounts 20223,3 M €↓
  4. 2021
    Annual accounts 20214,1 M €↑
  5. 2021
    Name changePEMCO Belgium
  6. 2020
    Annual accounts 20202,9 M €↑
  7. 2019
    Annual accounts 2019-845,4 k €↓
  8. 2018
    Annual accounts 2018190,4 k €↓
  9. 2017
    Annual accounts 20172,6 M €↑
  10. 2016
    Annual accounts 20161,3 M €↓
  11. 2015
    Annual accounts 20151,4 M €↓
  12. 2014
    Annual accounts 20141,8 M €↑
  13. 2014
    Name changePrince Belgium
  14. 2013
    Annual accounts 2013197,9 k €↑
  15. 2012
    Annual accounts 2012-30,9 M €↓
  16. 2011
    Annual accounts 20114,1 M €↑
  17. 2010
    Annual accounts 20103,7 M €↑
  18. 2009
    Annual accounts 2009-16,8 M €↓
  19. 2008
    Annual accounts 2008247,2 k €
  20. 2008
    Name changePEMCO BRUGGE
  21. 19/09/1969
    IncorporationPrivate limited company