ACTIVE

PACO

Financial year 2025 · closed on 31/12/2025
Net result
288 k €
+52.9% YoY
Gross margin
1 M €
+9.1% YoY
Equity
3,3 M €
-0.7% YoY
Workforce
5,3 ETP
+3.9% YoY

What does PACO do?

PACO is a Public limited company incorporated in 1983. Its registered office is in Boom. It employs on average 5,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0423.738.164
Incorporation
24/02/1983
Legal form
Public limited company
Registered office
Hoek 76 box 60
2850 Boom · FlandreSee on map
Contributed capital
117 129,69 €
Latest accounts
31/12/2025
Average workforce
5,3 ETP
Joint committees (4)
  • 100
  • 200
  • 323
  • 32300
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120192018201720162015201420132012201120102009200820072006
Income statement
Gross margin1 M €949,7 k €824,1 k €781,9 k €675,7 k €617,4 k €605,6 k €624 k €676,7 k €1,2 M €717,9 k €641,5 k €703,3 k €576,9 k €555,8 k €761,9 k €743 k €694,9 k €623,7 k €
EBITDA563,9 k €497,5 k €369,5 k €367,9 k €320,8 k €209 k €241,8 k €354,2 k €384 k €620,8 k €295 k €204,6 k €322,2 k €226,9 k €253,7 k €513,2 k €436,7 k €408,6 k €139,7 k €
Operating result466,2 k €333,5 k €268,9 k €274,8 k €103,5 k €42,2 k €77,4 k €209,1 k €251,8 k €494,2 k €176,5 k €68,7 k €167,9 k €73,9 k €-35,4 k €314,9 k €254,5 k €228,9 k €-58,3 k €
Net result288 k €188,4 k €147,9 k €193,4 k €56 k €11,9 k €30,6 k €151,1 k €439,1 k €270,3 k €58,9 k €14 k €61,7 k €733,4 €-378,3 k €156,9 k €120,6 k €123,3 k €626,7 k €
Balance sheet
Equity3,3 M €3,3 M €3,3 M €3,2 M €3,1 M €3 M €3 M €3 M €2,9 M €2,6 M €2,4 M €2,3 M €2,3 M €2,2 M €2,2 M €2,4 M €2,2 M €2,1 M €2 M €
Total assets4,9 M €4,9 M €4,9 M €4,9 M €4,9 M €4,2 M €4,2 M €4,3 M €4,2 M €4,1 M €4 M €4,1 M €4,1 M €4,6 M €4,5 M €4,7 M €4,7 M €4,5 M €4,3 M €
Cash318,6 k €302,4 k €273,9 k €263,1 k €167 k €147,8 k €150,9 k €307,4 k €251,5 k €319 k €59,1 k €56,1 k €86,1 k €240 k €143 k €293 k €95,8 k €216,6 k €292,5 k €
Debts1,6 M €1,6 M €1,5 M €1,7 M €1,8 M €1,2 M €1,2 M €1,3 M €1,2 M €1,3 M €1,7 M €1,8 M €1,8 M €2,4 M €2,3 M €2 M €1,9 M €1,9 M €1,8 M €
Other
Workforce5,3 ETP5,1 ETP5,1 ETP5,1 ETP5,3 ETP5,7 ETP5,5 ETP5,4 ETP5,7 ETP5,8 ETP6,7 ETP7,5 ETP7,1 ETP6,8 ETP5,9 ETP4,8 ETP3,8 ETP3,4 ETP3,3 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 · 3 active · 15 ended

Active mandates

Anna Cornelis

Director · since 29 juin 2024 · until 26 avril 2030

Active
Ingrid Peeters

Director · since 29 juin 2024 · until 26 avril 2030

Active
Vera Cornelis

Director · since 01 novembre 2021 · until 30 avril 2027

Active

Ended mandates

Cornelis Beheer

Director · since 29 juin 2018 · until 26 avril 2024 · 0806.658.433

Represented by Paul CORNELIS

Ended
Cornelis Beheer

Managing director · since 29 juin 2018 · until 28 juin 2024 · 0806.658.433

Represented by Paul CORNELIS

Ended
Cornelis Beheer

Director · since 29 juin 2018 · until 26 avril 2024 · 0806.658.433

Represented by Paul Cornelis

Ended
Ingrid Peeters

Director · since 29 juin 2018 · until 26 avril 2024

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged 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 date02/07/202607/08/202506/09/202423/08/202311/08/202212/08/2021
General meeting10/06/202627/06/202527/08/202414/08/202309/08/202205/08/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202510/06/202602/07/2026DutchPDF
Abridged model31/12/202427/06/202507/08/2025DutchPDF
Abridged model31/12/202327/08/202406/09/2024DutchPDF
Abridged model31/12/202214/08/202323/08/2023DutchPDF
Abridged model31/12/202109/08/202211/08/2022DutchPDF
Abridged model31/12/202005/08/202112/08/2021DutchPDF
Abridged model31/12/201930/09/202007/10/2020DutchPDF
Abridged model31/12/201812/08/201920/08/2019DutchPDF
Abridged model31/12/201729/06/201820/07/2018DutchPDF
Abridged model31/12/201628/04/201730/06/2017DutchPDF
Abridged model31/12/201529/04/201630/08/2016DutchPDF
Abridged model31/12/201424/04/201530/06/2015DutchPDF
Abridged model31/12/201325/04/201423/06/2014DutchPDF
Abridged model31/12/201226/04/201325/07/2013DutchPDF
Abridged model31/12/201127/04/201203/08/2012DutchPDF
Abridged model31/12/201029/04/201127/07/2011DutchPDF
Abridged model31/12/200930/04/201028/06/2010DutchPDF
Abridged model31/12/200824/04/200919/06/2009DutchPDF
Abridged model31/12/200729/04/200803/07/2008DutchPDF
Abridged model31/12/200629/04/200705/07/2007DutchPDF
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 · 3 active · 15 ended

Active mandates

Anna Cornelis

Director · since 29 juin 2024 · until 26 avril 2030

Active
Ingrid Peeters

Director · since 29 juin 2024 · until 26 avril 2030

Active
Vera Cornelis

Director · since 01 novembre 2021 · until 30 avril 2027

Active

Ended mandates

Cornelis Beheer

Director · since 29 juin 2018 · until 26 avril 2024 · 0806.658.433

Represented by Paul CORNELIS

Ended
Cornelis Beheer

Managing director · since 29 juin 2018 · until 28 juin 2024 · 0806.658.433

Represented by Paul CORNELIS

Ended
Cornelis Beheer

Director · since 29 juin 2018 · until 26 avril 2024 · 0806.658.433

Represented by Paul Cornelis

Ended
Ingrid Peeters

Director · since 29 juin 2018 · until 26 avril 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates02/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - MAATSCHAPPELIJKE ZETEL - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/09/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/11/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/03/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/11/2012
    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

Timeline

  1. 2025
    Annual accounts 2025288 k €
  2. 2024
    Annual accounts 2024188,4 k €
  3. 2023
    Annual accounts 2023147,9 k €
  4. 2022
    Annual accounts 2022193,4 k €
  5. 2021
    Annual accounts 202156 k €
  6. 2019
    Annual accounts 201911,9 k €
  7. 2018
    Annual accounts 201830,6 k €
  8. 2017
    Annual accounts 2017151,1 k €
  9. 2016
    Annual accounts 2016439,1 k €
  10. 2015
    Annual accounts 2015270,3 k €
  11. 2014
    Annual accounts 201458,9 k €
  12. 2013
    Annual accounts 201314 k €
  13. 2012
    Annual accounts 201261,7 k €
  14. 2011
    Annual accounts 2011733,4 €
  15. 2010
    Annual accounts 2010-378,3 k €
  16. 2009
    Annual accounts 2009156,9 k €
  17. 2008
    Annual accounts 2008120,6 k €
  18. 2007
    Annual accounts 2007123,3 k €
  19. 2006
    Annual accounts 2006626,7 k €
  20. 24/02/1983
    IncorporationPublic limited company