ACTIVE

PAMAR

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Financial year 2025 · closed on 31/12/2025

Net result

401,5 k €

+241.5% YoY

Gross margin

616,8 k €

+155.4% YoY

Equity

611,7 k €

+3.4% YoY

What does PAMAR do?

PAMAR is a Private company with limited liability incorporated in 1974. Its registered office is in Deerlijk.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0414.706.672

Incorporation

24/12/1974

Legal form

Private company with limited liability

Registered office

Harelbekestraat 33-35
8540 Deerlijk · FlandreSee on map

Contributed capital

6 592,19 €

Latest accounts

31/12/2025

Joint committees (2)

14904
201

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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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
Gross margin	616,8 k €	+155%	241,5 k €	+29.3%	186,8 k €	+19.8%	156 k €	+12.8%	138,3 k €	+4.5%	132,3 k €	-3.8%	137,5 k €	-1.0%	138,8 k €	-7.9%	150,7 k €	-11.4%	170,1 k €	-1.2%	172,1 k €	-9.4%	189,9 k €	-3.2%	196,3 k €	-6.6%	210,1 k €	+9.3%	192,3 k €	+0.3%	191,8 k €	+1.4%	189,1 k €	+5.5%	179,3 k €	+2.5%	175 k €	+8.2%	161,8 k €
EBITDA	545,8 k €	+220%	170,4 k €	+42.7%	119,4 k €	+31.6%	90,7 k €	+7.8%	84,2 k €	+2.4%	82,2 k €	+7.4%	76,5 k €	-4.2%	79,9 k €	-11.2%	90 k €	-17.3%	108,8 k €	+0.7%	108 k €	-1.0%	109,1 k €	+2.4%	106,6 k €	-11.7%	120,7 k €	+13.6%	106,3 k €	+8.9%	97,6 k €	+0.8%	96,9 k €	-5.1%	102,1 k €	+0.0%	102 k €	+12.5%	90,7 k €
Operating result	524,8 k €	+226%	161 k €	+46.8%	109,6 k €	+47.6%	74,2 k €	+24.4%	59,7 k €	+9.5%	54,5 k €	+43.5%	38 k €	+39.7%	27,2 k €	-20.2%	34,1 k €	-4.8%	35,8 k €	+0.9%	35,4 k €	-18.9%	43,7 k €	+37.9%	31,7 k €	-23.9%	41,6 k €	+27.2%	32,7 k €	+55.4%	21,1 k €	-28.8%	29,6 k €	+9.4%	27 k €	+68.8%	16 k €	-21.0%	20,3 k €
Net result	401,5 k €	+241%	117,6 k €	+39.4%	84,3 k €	+48.7%	56,7 k €	+59.8%	35,5 k €	+6.4%	33,4 k €	+72.6%	19,3 k €	+69.5%	11,4 k €	-17.6%	13,8 k €	+3.2%	13,4 k €	+10.2%	12,2 k €	-41.5%	20,8 k €	+217%	6,6 k €	-63.1%	17,8 k €	+53.1%	11,6 k €	+1345%	-932,6 €	-110%	9 k €	+10.2%	8,1 k €	+1167%	-761,4 €	-110%	7,5 k €
Balance sheet
Equity	611,7 k €	+3.4%	591,4 k €	+3.9%	569 k €	+17.4%	484,6 k €	+10.7%	437,9 k €	+8.8%	402,4 k €	+9.0%	369,1 k €	+5.5%	349,7 k €	+3.4%	338,3 k €	-8.0%	368 k €	+3.8%	354,6 k €	+3.6%	342,4 k €	+6.5%	321,6 k €	+2.1%	315,1 k €	+6.0%	297,3 k €	+4.1%	285,6 k €	-0.3%	286,6 k €	+3.2%	277,6 k €	+3.0%	269,5 k €	-0.3%	270,3 k €
Total assets	855,9 k €	+12.7%	759,4 k €	-2.2%	776,8 k €	+1.7%	763,5 k €	+1.5%	752,3 k €	-5.2%	793,8 k €	+3.4%	767,4 k €	-4.1%	799,8 k €	-6.4%	854,8 k €	-8.5%	933,9 k €	-2.7%	960 k €	-2.6%	985,2 k €	-5.0%	1 M €	+0.6%	1 M €	+13.6%	907,1 k €	-6.7%	972,5 k €	+7.6%	903,7 k €	-8.6%	989,2 k €	+7.2%	922,5 k €	+8.6%	849,7 k €
Cash	20,6 k €	-75.5%	83,8 k €	-38.7%	136,6 k €	+74.8%	78,2 k €	+47.0%	53,2 k €	-60.8%	135,7 k €	+153%	53,7 k €	+46.2%	36,7 k €	-48.4%	71,2 k €	-33.5%	107 k €	+58.5%	67,5 k €	-5.4%	71,4 k €	-9.4%	78,8 k €	+153%	31,2 k €	+190%	10,7 k €	+18.3%	9,1 k €	+59.9%	5,7 k €	-52.1%	11,9 k €	-60.8%	30,2 k €	-59.7%	75 k €
Debts	244,2 k €	+45.4%	168 k €	-19.2%	207,8 k €	-25.4%	278,7 k €	-11.3%	314 k €	-19.8%	391,4 k €	-1.7%	398,3 k €	-11.5%	450,1 k €	-12.9%	516,5 k €	-8.5%	564,1 k €	-6.5%	603,2 k €	-5.7%	639,3 k €	-10.1%	710,9 k €	-0.6%	714,8 k €	+17.2%	609,8 k €	-11.2%	686,8 k €	+11.3%	617,1 k €	-13.3%	711,5 k €	+9.0%	653,1 k €	+12.7%	579,5 k €
Other
Workforce	–		2,8 ETP	+55.6%	1,8 ETP	-10.0%	2,0 ETP	+5.3%	1,9 ETP	+5.6%	1,8 ETP	0.0%	1,8 ETP	0.0%	1,8 ETP	+12.5%	1,6 ETP	-11.1%	1,8 ETP	0.0%	1,8 ETP	-18.2%	2,2 ETP	-12.0%	2,5 ETP	0.0%	2,5 ETP	0.0%	2,5 ETP	-13.8%	2,9 ETP	-6.5%	3,1 ETP	+3.3%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 26 ended

Active mandates

PEPHIL

Director · 0839.091.966

Represented by Petra Devos

Active

Philippe Meert

Director

Active

Ended mandates

PEPHIL

Director · since 01 janvier 2024 · 0839.091.966

Represented by Petra Devos

Ended

Petra Devos

Director · since 21 août 2023 · until 01 janvier 2024

Ended

Philippe Meert

Director · since 21 août 2023

Ended

Chris Deleersnyder

Director · since 15 décembre 2017 · until 21 août 2023

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	25/08/2026	16/05/2025	26/08/2024	06/07/2023	21/06/2022	20/05/2021
General meeting	24/06/2026	26/04/2025	27/04/2024	24/06/2023	30/04/2022	24/04/2021
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
Abridged modelCorrection	31/12/2025	24/06/2026	25/08/2026	Dutch	PDF
Abridged model	31/12/2025	24/06/2026	17/07/2026	Dutch	PDF
Abridged model	31/12/2024	26/04/2025	16/05/2025	Dutch	PDF
Abridged model	31/12/2023	27/04/2024	26/08/2024	Dutch	PDF
Abridged model	31/12/2022	24/06/2023	06/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/04/2022	21/06/2022	Dutch	PDF
Abridged model	31/12/2020	24/04/2021	20/05/2021	Dutch	PDF
Abridged model	31/12/2019	25/04/2020	20/05/2020	Dutch	PDF
Abridged model	31/12/2018	27/04/2019	23/05/2019	Dutch	PDF
Abridged model	31/12/2017	28/04/2018	22/08/2018	Dutch	PDF
Abridged model	31/12/2016	29/04/2017	23/05/2017	Dutch	PDF
Abridged model	31/12/2015	30/04/2016	08/07/2016	Dutch	PDF
Abridged model	31/12/2014	25/04/2015	22/05/2015	Dutch	PDF
Abridged model	31/12/2013	26/04/2014	21/05/2014	Dutch	PDF
Abridged model	31/12/2012	27/04/2013	02/07/2013	Dutch	PDF
Abridged model	31/12/2011	28/04/2012	11/05/2012	Dutch	PDF
Abridged model	31/12/2010	30/04/2011	06/06/2011	Dutch	PDF
Abridged model	31/12/2009	24/04/2010	29/06/2010	Dutch	PDF
Abridged model	31/12/2008	25/04/2009	28/07/2009	Dutch	PDF
Abridged model	31/12/2007	26/04/2008	19/06/2008	Dutch	PDF
Abridged model	31/12/2006	28/04/2007	31/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 2 active · 26 ended

Active mandates

PEPHIL

Director · 0839.091.966

Represented by Petra Devos

Active

Philippe Meert

Director

Active

Ended mandates

PEPHIL

Director · since 01 janvier 2024 · 0839.091.966

Represented by Petra Devos

Ended

Petra Devos

Director · since 21 août 2023 · until 01 janvier 2024

Ended

Philippe Meert

Director · since 21 août 2023

Ended

Chris Deleersnyder

Director · since 15 décembre 2017 · until 21 août 2023

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Restructuring23/09/2025
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring17/06/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates13/05/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/09/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/01/2018
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Mandates05/10/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/07/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/06/2008
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 2025401,5 k €↑
2024
Annual accounts 2024117,6 k €↑
2023
Annual accounts 202384,3 k €↑
2022
Annual accounts 202256,7 k €↑
2021
Annual accounts 202135,5 k €↑
2020
Annual accounts 202033,4 k €↑
2019
Annual accounts 201919,3 k €↑
2018
Annual accounts 201811,4 k €↓
2017
Annual accounts 201713,8 k €↑
2016
Annual accounts 201613,4 k €↑
2015
Annual accounts 201512,2 k €↓
2014
Annual accounts 201420,8 k €↑
2013
Annual accounts 20136,6 k €↓
2012
Annual accounts 201217,8 k €↑
2011
Annual accounts 201111,6 k €↑
2010
Annual accounts 2010-932,6 €↓
2009
Annual accounts 20099 k €↑
2008
Annual accounts 20088,1 k €↑
2007
Annual accounts 2007-761,4 €↓
2006
Annual accounts 20067,5 k €
24/12/1974
IncorporationPrivate company with limited liability

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

PAMAR

Overview

What does PAMAR 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