ACTIVE

PPG Belgium

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Financial year 2025 · Closed on 31/12/2025

Net result10,8 M €+15,6 %over 1 year
Revenue33,4 M €+3,6 %over 1 year
Equity46,6 M €+30,0 %over 1 year
Workforce22,7 ETP-11,0 %over 1 year

Identity

Source · BCE/KBO

PPG Belgium is a Public limited company incorporated in 1979. Its main activity is: Wholesale of chemical products. Its registered office is in Koekelare. It employs on average 22,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0419.321.102
Incorporation
19/03/1979
Legal form
Public limited company
Registered office
Brouwerijstraat 14
8680 Koekelare · FlandreSee on map
Contributed capital
374 475,00 €
Latest accounts
31/12/2025
Average workforce
22,7 ETP
Joint committees (5)
  • 116
  • 1160
  • 207
  • 2070
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue33,4 M €32,3 M €–––
EBITDA4,8 M €7,2 M €1,7 M €1,5 M €4,6 M €
Operating result4,8 M €6,8 M €1,1 M €1,4 M €4,9 M €
Net result10,8 M €9,3 M €3,5 M €7,9 M €7,8 M €
Balance sheet
Equity46,6 M €35,8 M €26,5 M €23 M €15,1 M €
Total assets87,5 M €91 M €79,2 M €69,9 M €51 M €
Cash186,9 k €123,1 k €115,7 k €1,3 M €1,6 M €
Debts40,2 M €54,5 M €52 M €46,2 M €35 M €
Other
Workforce22,7 ETP25,5 ETP26,3 ETP27,7 ETP27,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 19 ended

Active mandates

POLLET POOL GROUP

Voorzitter van het Bestuursorgaan · since 10 octobre 2024 · until 24 juin 2030 · 1014.985.135

Represented by Pollet Sofie

Active
SMARDIX

Director · since 10 octobre 2024 · until 24 juin 2030 · 0795.128.202

Represented by Taillieu DIMITRI

Active

Ended mandates

Archer Consultancy

Director · since 01 janvier 2020 · until 20 mai 2025 · 0738.916.504

Represented by Jeroen VAN WAUWE

Ended
Archer Consultancy

Director · since 01 janvier 2020 · until 30 mai 2025 · 0738.916.504

Represented by Jeroen Van Wauwe

Ended
Archer Consultancy

Director · since 01 janvier 2020 · until 20 mai 2025 · 0738.916.504

Represented by Jeroen VAN WAUWE

Ended
Eddy Albrecht

Director · since 20 mai 2019 · until 31 décembre 2020

Ended

Other companies at this address

Brouwerijstraat 14 8680 Koekelare
CompanyCBE no.
ALTRANS● Active
0421.128.072
AQUA.COM● Active
0449.488.397
BAYARD EUROPE● Active
0431.073.245
DELTA WATER ENGINEERING● Active
0863.958.709
HEMOTECH BELUX● Active
0474.412.845
NEAS● Active
0656.879.446
PIDGON● Active
0518.917.237
POGAM● Active
0453.421.451
POLLET GROUP● Active
0421.202.704
POLLET INFORMATION TECHNOLOGY● Active
0782.933.718
POLLET MEDICAL GROUP● Active
0718.614.107
POLLET POOL GROUP● Active
1014.985.135
POLLET WATER GROUP● Active
0832.152.409
REALPOL● Active
0507.697.406
SUKO● Active
0454.444.010
TERBASSENWEI● Active
0406.109.306
UNIMID● Active
0417.967.456

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelAbridged modelAbridged 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 date23/07/202628/07/202526/07/202428/07/202325/07/202226/07/2021
General meeting30/06/202630/06/202523/06/202426/06/202327/06/202228/06/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202623/07/2026DutchPDF
Full model31/12/202430/06/202528/07/2025DutchPDF
Abridged model31/12/202323/06/202426/07/2024DutchPDF
Abridged model31/12/202226/06/202328/07/2023DutchPDF
Abridged model31/12/202127/06/202225/07/2022DutchPDF
Abridged model31/12/202028/06/202126/07/2021DutchPDF
Abridged model31/12/201929/06/202031/07/2020DutchPDF
Abridged model31/12/201820/05/201931/07/2019DutchPDF
Abridged model31/12/201721/05/201831/07/2018DutchPDF
Abridged model31/12/201615/05/201701/08/2017DutchPDF
Abridged model31/12/201516/05/201629/07/2016DutchPDF
Abridged model31/12/201418/05/201531/07/2015DutchPDF
Abridged model31/12/201319/05/201428/07/2014DutchPDF
Abridged model31/12/201220/05/201331/07/2013DutchPDF
Abridged model31/12/201121/05/201230/07/2012DutchPDF
Abridged model31/12/201016/05/201131/07/2011DutchPDF
Abridged model31/12/200917/05/201030/07/2010DutchPDF
Abridged model31/12/200818/05/200931/07/2009DutchPDF
Abridged model31/12/200719/05/200822/07/2008DutchPDF
Abridged model31/12/200621/05/200730/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/12/2025

2 active · 19 ended

Active mandates

POLLET POOL GROUP

Voorzitter van het Bestuursorgaan · since 10 octobre 2024 · until 24 juin 2030 · 1014.985.135

Represented by Pollet Sofie

Active
SMARDIX

Director · since 10 octobre 2024 · until 24 juin 2030 · 0795.128.202

Represented by Taillieu DIMITRI

Active

Ended mandates

Archer Consultancy

Director · since 01 janvier 2020 · until 20 mai 2025 · 0738.916.504

Represented by Jeroen VAN WAUWE

Ended
Archer Consultancy

Director · since 01 janvier 2020 · until 30 mai 2025 · 0738.916.504

Represented by Jeroen Van Wauwe

Ended
Archer Consultancy

Director · since 01 janvier 2020 · until 20 mai 2025 · 0738.916.504

Represented by Jeroen VAN WAUWE

Ended
Eddy Albrecht

Director · since 20 mai 2019 · until 31 décembre 2020

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other05/05/2025
    DIVERSEN
    PDF
  • Mandates14/10/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/12/2019
    ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates31/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/12/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/12/2016
    DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring21/04/2016
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF

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 202510,8 M €↑
  2. 2024
    Annual accounts 20249,3 M €↑
  3. 25/09/2024
    nominationPOLLET POOL GROUP NV — bestuurder
  4. 25/09/2024
    nominationSMARDIX BV — bestuurder
  5. 25/09/2024
    nominationPOLLET POOL GROUP NV — voorzitter
  6. 25/09/2024
    nominationSMARDIX BV — dagelijks bestuurder
  7. 2024
    Name changePPG Belgium
  8. 2023
    Annual accounts 20233,5 M €↓
  9. 2022
    Annual accounts 20227,9 M €↑
  10. 2021
    Annual accounts 20217,8 M €↑
  11. 2021
    Name changePollet Pool Group
  12. 2020
    Annual accounts 20202 M €↑
  13. 2019
    Annual accounts 20192 M €↑
  14. 2018
    Annual accounts 20181,1 M €↑
  15. 2017
    Annual accounts 2017901,5 k €↑
  16. 2015
    Annual accounts 2015572,3 k €↑
  17. 2014
    Annual accounts 2014188,8 k €↑
  18. 2013
    Annual accounts 2013124,3 k €↑
  19. 2012
    Annual accounts 201281,2 k €↓
  20. 2011
    Annual accounts 2011196,2 k €↑
  21. 2010
    Annual accounts 201026,3 k €↑
  22. 2009
    Annual accounts 2009-146,4 k €↓
  23. 2008
    Annual accounts 20088,5 k €↓
  24. 2007
    Annual accounts 200776 k €↓
  25. 2006
    Annual accounts 2006534 k €
  26. 19/03/1979
    IncorporationPublic limited company