ACTIVE

PGS De Backer Pallets

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Financial year 2025 · closed on 30/09/2025
Net result
1,4 M €
+108.8% YoY
Revenue
49,3 M €
+6.1% YoY
Equity
10,2 M €
+3.3% YoY
Workforce
46,5 ETP
-7.0% YoY

What does PGS De Backer Pallets do?

PGS De Backer Pallets is a Public limited company incorporated in 1984. Its main activity is: Manufacture of wooden containers. Its registered office is in Gistel. It employs on average 46,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0426.292.630
Incorporation
21/09/1984
Legal form
Public limited company
Registered office
Torhoutse Baan 5 box 2
8470 Gistel · FlandreSee on map
Contributed capital
192 000,00 €
Latest accounts
30/09/2025
Average workforce
46,5 ETP
Activities (NACE)
16240Manufacture of wooden containers· main16240Manufacture of wooden containers20101Manufacture of basic chemicals, fertilisers and nitrogen compounds, plastics and synthetic rubber in primary forms16100Sawmilling and planing of wood16110Sawmilling and planing of wood16281Manufacture of products of wood, cork, straw and plaiting materials+1
Joint committees (3)
  • 12502
  • 126
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222017201620152014201320122010200920082007
Income statement
Revenue49,3 M €46,4 M €60,6 M €102,8 M €50,7 M €45,5 M €42,7 M €39,2 M €34,4 M €33,7 M €––––
EBITDA2,6 M €1,7 M €3,9 M €6,3 M €5,8 M €4 M €1,8 M €1,9 M €820,6 k €1,9 M €100,6 k €290,9 k €433,4 k €181 k €
Operating result1,7 M €917,2 k €3,2 M €5,6 M €5,2 M €3,3 M €942,7 k €960,9 k €11 k €1,1 M €71,3 k €271,2 k €406,4 k €126,4 k €
Net result1,4 M €658,6 k €2,5 M €5 M €5,2 M €3,3 M €673 k €607,4 k €84 k €699,3 k €6,3 k €130,1 k €668,8 k €12,4 k €
Balance sheet
Equity10,2 M €9,9 M €9,9 M €9,8 M €8,8 M €3,6 M €1,5 M €978,8 k €371,3 k €2,3 M €1,3 M €1,3 M €1,1 M €556,4 k €
Total assets16,3 M €16 M €16,8 M €30,4 M €18,9 M €11,9 M €12,5 M €16 M €13,9 M €13,4 M €3 M €3 M €3,3 M €3,2 M €
Cash740,8 k €252,9 k €704,8 k €976,1 k €321,8 k €1,1 M €1,3 M €174,4 k €613,3 k €210,6 k €27,4 k €93,3 k €165,3 k €117 k €
Debts6 M €6,1 M €6,8 M €20,4 M €10 M €8,2 M €10,9 M €15 M €13,5 M €11,1 M €1,6 M €1,6 M €2,1 M €2,7 M €
Other
Workforce46,5 ETP50,0 ETP65,8 ETP68,0 ETP72,9 ETP73,4 ETP78,6 ETP76,9 ETP75,3 ETP80,0 ETP19,0 ETP21,8 ETP22,7 ETP23,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 5 active · 35 ended

Active mandates

Edfanzac SAS

Director · since 30 juin 2022 · until 13 mars 2027 · 0787.873.194

Represented by Michaël MODUGNO

Active
Jadal SAS

Director · since 30 juin 2022 · until 13 mars 2027

Represented by Jean-Louis Louvel

Active
GRACO

Managing director · since 12 mars 2022 · until 13 mars 2027 · 0454.451.928

Represented by Luc GRAUWET

Active
GRAUWET ROGER

Managing director · since 12 mars 2022 · until 13 mars 2027 · 0880.852.446

Represented by Roger GRAUWET

Active
IMENT

Director · since 12 mars 2022 · until 13 mars 2027 · 0650.743.504

Represented by Thomas Cappoen

Active

Ended mandates

Edfanzac SAS

Director · since 30 juin 2022 · until 13 mars 2027

Represented by Michaël MODUGNO

Ended
Jadal SAS

Director · since 30 juin 2022 · until 13 mars 2027 · 0787.873.590

Represented by Jean-Louis LOUVEL

Ended
GRACO

Managing director · since 12 mars 2022 · until 13 mars 2027 · 0454.451.928

Represented by Luc GRAUWET

Ended
GRAUWET ROGER

Managing director · since 01 octobre 2020 · until 09 mars 2024 · 0880.852.446

Represented by Roger Grauwet

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/04/202628/03/202531/03/202428/03/202330/03/202225/03/2021
General meeting14/03/202608/03/202509/03/202428/02/202312/03/202213/03/2021
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
Full model30/09/202514/03/202610/04/2026DutchPDF
Full model30/09/202408/03/202528/03/2025DutchPDF
Full model30/09/202309/03/202431/03/2024DutchPDF
Full model30/09/202228/02/202328/03/2023DutchPDF
Full model30/09/202112/03/202230/03/2022DutchPDF
Full model30/09/202013/03/202125/03/2021DutchPDF
Full model30/09/201914/03/202008/04/2020DutchPDF
Full model30/09/201809/03/201918/03/2019DutchPDF
Full model30/09/201730/03/201827/04/2018DutchPDF
Full model30/09/201631/03/201721/04/2017DutchPDF
Full model30/09/201524/03/201630/03/2016DutchPDF
Full model30/09/201414/03/201503/04/2015DutchPDF
Full model30/09/201325/04/201416/05/2014DutchPDF
Full model30/09/201209/03/201321/03/2013DutchPDF
Full model30/09/201110/03/201226/04/2012DutchPDF
Abridged model30/09/201012/03/201113/04/2011DutchPDF
Abridged model30/09/200913/03/201017/03/2010DutchPDF
Abridged model30/09/200814/03/200927/03/2009DutchPDF
Abridged model30/09/200708/03/200810/03/2008DutchPDF
Abridged model30/09/200610/03/200716/03/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 30/09/2025 · 5 active · 35 ended

Active mandates

Edfanzac SAS

Director · since 30 juin 2022 · until 13 mars 2027 · 0787.873.194

Represented by Michaël MODUGNO

Active
Jadal SAS

Director · since 30 juin 2022 · until 13 mars 2027

Represented by Jean-Louis Louvel

Active
GRACO

Managing director · since 12 mars 2022 · until 13 mars 2027 · 0454.451.928

Represented by Luc GRAUWET

Active
GRAUWET ROGER

Managing director · since 12 mars 2022 · until 13 mars 2027 · 0880.852.446

Represented by Roger GRAUWET

Active
IMENT

Director · since 12 mars 2022 · until 13 mars 2027 · 0650.743.504

Represented by Thomas Cappoen

Active

Ended mandates

Edfanzac SAS

Director · since 30 juin 2022 · until 13 mars 2027

Represented by Michaël MODUGNO

Ended
Jadal SAS

Director · since 30 juin 2022 · until 13 mars 2027 · 0787.873.590

Represented by Jean-Louis LOUVEL

Ended
GRACO

Managing director · since 12 mars 2022 · until 13 mars 2027 · 0454.451.928

Represented by Luc GRAUWET

Ended
GRAUWET ROGER

Managing director · since 01 octobre 2020 · until 09 mars 2024 · 0880.852.446

Represented by Roger Grauwet

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates31/08/2026
    Herbenoeming commissaris
    PDF
  • Other02/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Mandates23/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office24/02/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates06/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/06/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/10/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/08/2020
    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 20251,4 M €↑
  2. 2024
    Annual accounts 2024658,6 k €↓
  3. 2023
    Annual accounts 20232,5 M €↓
  4. 2022
    Annual accounts 20225 M €↓
  5. 2017
    Annual accounts 20175,2 M €↑
  6. 2016
    Annual accounts 20163,3 M €↑
  7. 2015
    Annual accounts 2015673 k €↑
  8. 2014
    Annual accounts 2014607,4 k €↑
  9. 2013
    Annual accounts 201384 k €↓
  10. 2012
    Annual accounts 2012699,3 k €↑
  11. 2010
    Annual accounts 20106,3 k €↓
  12. 2009
    Annual accounts 2009130,1 k €↓
  13. 2008
    Annual accounts 2008668,8 k €↑
  14. 2007
    Annual accounts 200712,4 k €
  15. 21/09/1984
    IncorporationPublic limited company