pgb-Europe
0425.888.396 · rovalta.com · 25/09/2026
ACTIVE
pgb-Europe
Financial year 2025 · Closed on 31/12/2025
Net result2,6 M €-56,9 %over 1 year
Revenue67,1 M €-0,6 %over 1 year
Equity21 M €-1,3 %over 1 year
Workforce73,9 ETP+8,5 %over 1 year
Overview
Identity
Source · BCE/KBOpgb-Europe is a Public limited company incorporated in 1984. Its registered office is in Merelbeke-Melle. It employs on average 73,9 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0425.888.396
- Incorporation
- 23/06/1984
- Legal form
- Public limited company
- Registered office
- Gontrode Heirweg 318
9090 Merelbeke-Melle · FlandreSee on map - Contributed capital
- 538 068,15 €
- Latest accounts
- 31/12/2025
- Average workforce
- 73,9 ETP
Joint committees (3)
- 14904
- 2000
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Financials
Source · NBB, 20 filingsTrend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 67,1 M € | -0.6% | 67,5 M € | -3.0% | 69,6 M € | -3.8% | 72,3 M € | +24.6% | 58 M € |
| EBITDA | 8,4 M € | -16.8% | 10,1 M € | -19.8% | 12,6 M € | -13.8% | 14,6 M € | +18.0% | 12,4 M € |
| Operating result | 5,2 M € | -41.6% | 8,9 M € | -20.3% | 11,2 M € | -13.7% | 13 M € | +17.1% | 11,1 M € |
| Net result | 2,6 M € | -56.9% | 6 M € | -23.7% | 7,9 M € | -15.6% | 9,3 M € | +16.1% | 8 M € |
| Balance sheet | |||||||||
| Equity | 21 M € | -1.3% | 21,3 M € | +39.4% | 15,3 M € | +23.3% | 12,4 M € | +12.1% | 11,1 M € |
| Total assets | 48,7 M € | +11.9% | 43,5 M € | -5.2% | 45,9 M € | -7.7% | 49,7 M € | +16.7% | 42,6 M € |
| Cash | 1,7 M € | +67.7% | 1 M € | +60.4% | 630,8 k € | +36.1% | 463,6 k € | +21.1% | 382,9 k € |
| Debts | 23,7 M € | +30.2% | 18,2 M € | -31.6% | 26,6 M € | -20.1% | 33,3 M € | +20.9% | 27,5 M € |
| Other | |||||||||
| Workforce | 73,9 ETP | +8.5% | 68,1 ETP | -4.6% | 71,4 ETP | +5.5% | 67,7 ETP | -4.0% | 70,5 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 50 M€ and 100 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/2025Other companies at this address
Gontrode Heirweg 318 9090 Merelbeke-Melle| Company | CBE no. |
|---|---|
pgb BTW-eenheid● Active | 1020.652.410 |
pgb-Holding● Active | 1017.651.051 |
pgb-International● Active | 0428.923.508 |
pgb-Partnership● Active | 1029.833.162 |
pgb-STAK● Active | 1039.400.332 |
Financials
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 | 02/07/2026 | 03/07/2025 | 24/06/2024 | 12/06/2023 | 21/06/2022 | 17/06/2021 |
| General meeting | 26/06/2026 | 14/06/2025 | 22/06/2024 | 10/06/2023 | 11/06/2022 | 12/06/2021 |
| 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 · NBBLooking for more information about this company?
Try for 7 daysAnnual accounts filings
Source · NBB, 20 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 26/06/2026 | 02/07/2026 | Dutch | |
| Full model | 31/12/2024 | 14/06/2025 | 03/07/2025 | Dutch | |
| Full model | 31/12/2023 | 22/06/2024 | 24/06/2024 | Dutch | |
| Full model | 31/12/2022 | 10/06/2023 | 12/06/2023 | Dutch | |
| Full model | 31/12/2021 | 11/06/2022 | 21/06/2022 | Dutch | |
| Full model | 31/12/2020 | 12/06/2021 | 17/06/2021 | Dutch | |
| Full model | 31/12/2019 | 13/06/2020 | 13/07/2020 | Dutch | |
| Full model | 31/12/2018 | 08/06/2019 | 04/07/2019 | Dutch | |
| Full model | 31/12/2017 | 30/06/2018 | 11/07/2018 | Dutch | |
| Full model | 31/12/2016 | 10/06/2017 | 10/07/2017 | Dutch | |
| Full model | 31/12/2015 | 11/06/2016 | 08/07/2016 | Dutch | |
| Full model | 31/12/2014 | 13/06/2015 | 23/06/2015 | Dutch | |
| Full model | 31/12/2013 | 14/06/2014 | 03/07/2014 | Dutch | |
| Full model | 31/12/2012 | 08/06/2013 | 10/06/2013 | Dutch | |
| Full model | 31/12/2011 | 23/06/2012 | 17/07/2012 | Dutch | |
| Full model | 31/12/2010 | 11/06/2011 | 23/06/2011 | Dutch | |
| Full model | 31/12/2009 | 12/06/2010 | 14/06/2010 | Dutch | |
| Full model | 31/12/2008 | 13/06/2009 | 18/06/2009 | Dutch | |
| Full model | 31/12/2007 | 07/06/2008 | 24/06/2008 | Dutch | |
| Full model | 31/12/2006 | 29/06/2007 | 09/07/2007 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 50 M€ and 100 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/2025Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates09/05/2025KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
- Restructuring28/04/2025STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring10/03/2025RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
- Mandates14/08/2024ONTSLAGEN - BENOEMINGEN
- Other07/05/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates11/10/2021ONTSLAGEN - BENOEMINGEN
- Mandates10/08/2021ONTSLAGEN - BENOEMINGEN
- Mandates27/12/2018ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20252,6 M €↓
- 2024Annual accounts 20246 M €↓
- 2023Annual accounts 20237,9 M €↓
- 2022Annual accounts 20229,3 M €↑
- 2021Annual accounts 20218 M €↑
- 2020Annual accounts 20203 M €↑
- 2019Annual accounts 20191,7 M €↑
- 2018Annual accounts 20181,1 M €↓
- 2017Annual accounts 20171,2 M €↓
- 2016Annual accounts 20161,3 M €↓
- 2015Annual accounts 20151,4 M €↑
- 2014Annual accounts 2014289,4 k €↑
- 2013Annual accounts 2013102 k €↓
- 2012Annual accounts 2012667,9 k €↓
- 2011Annual accounts 20111,7 M €↑
- 2010Annual accounts 2010568,4 k €↑
- 2009Annual accounts 2009249,2 k €↓
- 2008Annual accounts 2008574,5 k €↓
- 2007Annual accounts 2007653,6 k €↑
- 2007Name changepgb-Europe
- 2006Annual accounts 2006429,6 k €
- 2006Name changePENNOIT-GROOTAERT
- 23/06/1984IncorporationPublic limited company