ACTIVE

EUROPEAN MASTER BATCH

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Financial year 2025 · Closed on 31/12/2025

Net result

3,1 M €

-25,8 %over 1 year

Revenue

59,3 M €

+10,8 %over 1 year

Equity

8,8 M €

+14,5 %over 1 year

Workforce

110,3 ETP

+2,0 %over 1 year

Identity

Source · BCE/KBO

EUROPEAN MASTER BATCH is a Public limited company incorporated in 1981. Its main activity is: Manufacture of paints, varnishes and similar coatings, printing ink and mastics. Its registered office is in Bornem. It employs on average 110,3 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0421.485.289
Incorporation: 16/04/1981
Legal form: Public limited company
Registered office: Rijksweg(BOR) 15
2880 Bornem · FlandreSee on map
Contributed capital: 5 250 000,00 €
Latest accounts: 31/12/2025
Average workforce: 110,3 ETP

Activities (NACE)

20300Manufacture of paints, varnishes and similar coatings, printing ink and mastics· main 20300Manufacture of paints, varnishes and similar coatings, printing ink and mastics 24300Manufacture of other products of first processing of steel

Joint committees (2)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 5 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	59,3 M €	+10.8%	53,6 M €	+1.1%	53 M €	-13.0%	60,9 M €	+13.0%	53,9 M €
EBITDA	5,9 M €	-14.9%	6,9 M €	+6.1%	6,5 M €	-14.5%	7,6 M €	+9.2%	7 M €
Operating result	4,9 M €	-16.0%	5,9 M €	+3.6%	5,7 M €	-15.9%	6,7 M €	+11.2%	6,1 M €
Net result	3,1 M €	-25.8%	4,2 M €	+3.0%	4,1 M €	-12.9%	4,7 M €	-32.8%	6,9 M €
Balance sheet
Equity	8,8 M €	+14.5%	7,6 M €	+2.5%	7,5 M €	+0.9%	7,4 M €	-4.3%	7,7 M €
Total assets	30,5 M €	+4.5%	29,2 M €	+3.8%	28,1 M €	-10.3%	31,4 M €	+4.1%	30,1 M €
Cash	595,1 k €	+21.5%	489,9 k €	-48.3%	947,1 k €	+39.3%	679,7 k €	-20.9%	859,4 k €
Debts	21,3 M €	+1.2%	21,1 M €	+4.6%	20,2 M €	-14.4%	23,5 M €	+7.5%	21,9 M €
Other
Workforce	110,3 ETP	+2.0%	108,1 ETP	-5.8%	114,8 ETP	-5.5%	121,5 ETP	+1.3%	120,0 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 31/12/2025

4 active · 3 ended

Active mandates

Daniëlle SIOEN

Director · since 14 juin 2024 · until 14 juin 2030

Active

Michèle SIOEN

Director · since 14 juin 2024 · until 14 juin 2030

Active

Pascale SIOEN

Managing director · since 14 juin 2024 · until 14 juin 2030

Active

Wout Verbeke

Director · since 12 juin 2020 · until 12 juin 2026

Active

Ended mandates

Daniëlle SIOEN

Director · since 08 juin 2018 · until 14 juin 2024

Ended

Michèle SIOEN

Director · since 08 juin 2018 · until 14 juin 2024

Ended

Pascale SIOEN

Managing director · since 08 juin 2018 · until 14 juin 2024

Ended

Other companies at this address

Rijksweg(BOR) 15 2880 Bornem

Company	CBE no.
BOUWTECHNIEK● Active	0737.367.274
RAVODEC● Bankrupt	0437.363.102
RIMATEX● Bankrupt	0448.280.451
Roarco● Active	0655.730.391
SORIBA● Bankrupt	0471.417.921

Full financial information

Source · NBB

	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	15/06/2026	17/06/2025	18/06/2024	12/06/2023	14/06/2022	17/06/2021
General meeting	12/06/2026	13/06/2025	14/06/2024	09/06/2023	10/06/2022	11/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	12/06/2026	15/06/2026	Dutch	PDF
Full model	31/12/2024	13/06/2025	17/06/2025	Dutch	PDF
Full model	31/12/2023	14/06/2024	18/06/2024	Dutch	PDF
Full model	31/12/2022	09/06/2023	12/06/2023	Dutch	PDF
Full model	31/12/2021	10/06/2022	14/06/2022	Dutch	PDF
Full model	31/12/2020	11/06/2021	17/06/2021	Dutch	PDF
Full model	31/12/2019	12/06/2020	18/06/2020	Dutch	PDF
Full model	31/12/2018	14/06/2019	17/06/2019	Dutch	PDF
Full model	31/12/2017	08/06/2018	13/06/2018	Dutch	PDF
Full model	31/12/2016	09/06/2017	12/06/2017	Dutch	PDF
Full model	31/12/2015	10/06/2016	28/06/2016	Dutch	PDF
Full model	31/12/2014	12/06/2015	15/06/2015	Dutch	PDF
Full model	31/12/2013	13/06/2014	16/06/2014	Dutch	PDF
Full model	31/12/2012	14/06/2013	17/06/2013	Dutch	PDF
Full model	31/12/2011	08/06/2012	13/06/2012	Dutch	PDF
Full modelCorrection	31/12/2010	10/06/2011	21/10/2011	Dutch	PDF
Full model	31/12/2010	10/06/2011	28/06/2011	Dutch	PDF
Full model	31/12/2009	11/06/2010	11/06/2010	Dutch	PDF
Full model	31/12/2008	12/06/2009	23/06/2009	Dutch	PDF
Full model	31/12/2007	13/06/2008	26/06/2008	Dutch	PDF
Full model	31/12/2006	08/06/2007	26/06/2007	Dutch	PDF

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 31/12/2025

4 active · 3 ended

Active mandates

Daniëlle SIOEN

Director · since 14 juin 2024 · until 14 juin 2030

Active

Michèle SIOEN

Director · since 14 juin 2024 · until 14 juin 2030

Active

Pascale SIOEN

Managing director · since 14 juin 2024 · until 14 juin 2030

Active

Wout Verbeke

Director · since 12 juin 2020 · until 12 juin 2026

Active

Ended mandates

Daniëlle SIOEN

Director · since 08 juin 2018 · until 14 juin 2024

Ended

Michèle SIOEN

Director · since 08 juin 2018 · until 14 juin 2024

Ended

Pascale SIOEN

Managing director · since 08 juin 2018 · until 14 juin 2024

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette

Other02/07/2026
—
PDF
Mandates28/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/07/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/03/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/06/2018
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring21/09/2017
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

2025
Annual accounts 20253,1 M €↓
2024
Annual accounts 20244,2 M €↑
2023
Annual accounts 20234,1 M €↓
2023
Name changeEuropean Master Batch nv
2022
Annual accounts 20224,7 M €↓
2021
Annual accounts 20216,9 M €
2021
Name changeEMB
16/04/1981
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

EUROPEAN MASTER BATCH

Overview

Identity

Financials

Valuation

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

Timeline