ACTIVE

PARTOOL

Financial year 2025 · closed on 31/12/2025
Net result
90,7 k €
+11.7% YoY
Gross margin
1,4 M €
Equity
3,9 M €
+2.4% YoY
Workforce
21,6 ETP
-5.3% YoY

What does PARTOOL do?

PARTOOL is a Public limited company incorporated in 1976. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Oostende. It employs on average 21,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0416.626.084
Incorporation
18/12/1976
Legal form
Public limited company
Registered office
Torhoutsesteenweg 607
8400 Oostende · FlandreSee on map
Contributed capital
277 739,77 €
Latest accounts
31/12/2025
Average workforce
21,6 ETP
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin1,4 M €1,4 M €1,1 M €646,8 k €588,3 k €577,2 k €735,3 k €682,6 k €665,2 k €684 k €688,1 k €600,9 k €643,1 k €580,6 k €975,7 k €1 M €800,6 k €
EBITDA248,9 k €221,7 k €261,1 k €181,8 k €147,7 k €-60,2 k €69,1 k €31,5 k €105,1 k €150 k €67,1 k €39,2 k €26,5 k €89,6 k €53 k €186,2 k €48,1 k €417,4 k €492,2 k €260,1 k €
Operating result127,9 k €125,6 k €121,9 k €29,8 k €11,6 k €-66,9 k €-26,6 k €-68,8 k €8,3 k €47,4 k €-30,8 k €-17,8 k €-26,8 k €41,5 k €29 k €161,3 k €23,6 k €389 k €462 k €233,5 k €
Net result90,7 k €81,2 k €83,4 k €13,6 k €9,6 k €-47,6 k €698,7 €-33,9 k €22,8 k €44,3 k €-9,3 k €7,6 k €7,4 k €73,5 k €100,5 k €188 k €89,3 k €347,3 k €374 k €206,5 k €
Balance sheet
Equity3,9 M €3,8 M €3,7 M €3,7 M €3,6 M €3,6 M €1,3 M €1,3 M €1,3 M €1,3 M €1,2 M €1,3 M €1,2 M €1,2 M €4,6 M €4,5 M €4,3 M €4,2 M €3,9 M €3,5 M €
Total assets7,4 M €7,7 M €7,9 M €7,3 M €7 M €7 M €2,8 M €2,8 M €2,8 M €3,3 M €3,3 M €2,8 M €2,5 M €1,8 M €5,3 M €4,8 M €4,8 M €4,9 M €4,6 M €4,1 M €
Cash77,7 k €87,6 k €138,8 k €63,5 k €128,8 k €246,9 k €92,1 k €18,3 k €14,8 k €303,2 k €320,2 k €326,7 k €410,2 k €22,3 k €1,5 M €816,5 k €952,8 k €1,4 M €1,4 M €1,2 M €
Debts3,5 M €3,9 M €4,1 M €3,7 M €3,3 M €3,4 M €1,5 M €1,6 M €1,4 M €2 M €2,1 M €1,5 M €1,3 M €535,6 k €755,4 k €371,9 k €497,1 k €653,8 k €730,9 k €668,2 k €
Other
Workforce21,6 ETP22,8 ETP21,2 ETP25,4 ETP28,3 ETP27,8 ETP14,4 ETP14,2 ETP12,7 ETP14,3 ETP15,8 ETP16,0 ETP16,2 ETP14,7 ETP14,5 ETP11,8 ETP12,4 ETP13,3 ETP13,0 ETP14,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 31 ended

Active mandates

BERFIN

Managing director · since 18 août 2020 · until 05 juin 2026 · 0808.241.612

Represented by Bernard Verhelst

Active
Filip Verhelst

Director · since 18 août 2020 · until 05 juin 2026

Active
Paul Verhelst

Director · since 18 août 2020 · until 05 juin 2026

Active
Yvan Verhelst

Director · since 18 août 2020 · until 05 juin 2026

Active

Ended mandates

BERFIN

Managing director · since 18 août 2020 · until 18 août 2026 · 0808.241.612

Represented by Bernard Verhelst

Ended
Filip Verhelst

Director · since 18 août 2020 · until 18 août 2026

Ended
Paul Verhelst

Director · since 18 août 2020 · until 18 août 2026

Ended
Yvan Verhelst

Director · since 18 août 2020 · until 18 août 2026

Ended
At this address

Other companies at this address

CompanyCBE no.
BERFINActive
0808.241.612
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelFull modelFull modelFull modelAbridged modelAbridged 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 date26/05/202617/07/202508/07/202406/10/202315/06/202226/08/2021
General meeting22/05/202620/06/202528/06/202428/09/202303/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202522/05/202626/05/2026DutchPDF
Full model31/12/202420/06/202517/07/2025DutchPDF
Full model31/12/202328/06/202408/07/2024DutchPDF
Full modelCorrection31/12/202228/09/202306/10/2023DutchPDF
Full model31/12/202228/09/202328/09/2023DutchPDF
Abridged model31/12/202103/06/202215/06/2022DutchPDF
Abridged model31/12/202030/06/202126/08/2021DutchPDF
Abridged model31/12/201927/03/202020/04/2020DutchPDF
Abridged model31/12/201807/06/201919/07/2019DutchPDF
Abridged model31/12/201701/06/201831/08/2018DutchPDF
Abridged model31/12/201602/06/201730/08/2017DutchPDF
Abridged model31/12/201503/06/201631/08/2016DutchPDF
Abridged model31/12/201405/06/201531/08/2015DutchPDF
Abridged model31/12/201306/06/201404/07/2014DutchPDF
Abridged model31/12/201207/06/201326/08/2013DutchPDF
Abridged model31/12/201101/06/201230/07/2012DutchPDF
Abridged model31/12/201003/06/201110/08/2011DutchPDF
Abridged model31/12/200904/06/201025/06/2010DutchPDF
Abridged model31/12/200805/06/200924/07/2009DutchPDF
Abridged model31/12/200730/04/200805/06/2008DutchPDF
Abridged model31/12/200630/04/200722/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 4 active · 31 ended

Active mandates

BERFIN

Managing director · since 18 août 2020 · until 05 juin 2026 · 0808.241.612

Represented by Bernard Verhelst

Active
Filip Verhelst

Director · since 18 août 2020 · until 05 juin 2026

Active
Paul Verhelst

Director · since 18 août 2020 · until 05 juin 2026

Active
Yvan Verhelst

Director · since 18 août 2020 · until 05 juin 2026

Active

Ended mandates

BERFIN

Managing director · since 18 août 2020 · until 18 août 2026 · 0808.241.612

Represented by Bernard Verhelst

Ended
Filip Verhelst

Director · since 18 août 2020 · until 18 août 2026

Ended
Paul Verhelst

Director · since 18 août 2020 · until 18 août 2026

Ended
Yvan Verhelst

Director · since 18 août 2020 · until 18 août 2026

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates01/09/2026
    Einde mandaat bestuurders — herbenoeming bestuurders
    PDF
  • Mandates13/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring24/09/2020
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring02/07/2020
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring02/07/2020
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates23/12/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/07/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring06/07/2012
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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

Timeline

  1. 2025
    Annual accounts 202590,7 k €
  2. 2024
    Annual accounts 202481,2 k €
  3. 2023
    Annual accounts 202383,4 k €
  4. 2022
    Annual accounts 202213,6 k €
  5. 2021
    Annual accounts 20219,6 k €
  6. 2020
    Annual accounts 2020-47,6 k €
  7. 2019
    Annual accounts 2019698,7 €
  8. 2018
    Annual accounts 2018-33,9 k €
  9. 2017
    Annual accounts 201722,8 k €
  10. 2016
    Annual accounts 201644,3 k €
  11. 2015
    Annual accounts 2015-9,3 k €
  12. 2014
    Annual accounts 20147,6 k €
  13. 2013
    Annual accounts 20137,4 k €
  14. 2012
    Annual accounts 201273,5 k €
  15. 2011
    Annual accounts 2011100,5 k €
  16. 2010
    Annual accounts 2010188 k €
  17. 2009
    Annual accounts 200989,3 k €
  18. 2008
    Annual accounts 2008347,3 k €
  19. 2007
    Annual accounts 2007374 k €
  20. 2006
    Annual accounts 2006206,5 k €
  21. 18/12/1976
    IncorporationPublic limited company