ACTIVE

Nissha Metallizing Solutions

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Financial year 2025 · Closed on 31/12/2025

Net result2,3 M €+17,7 %over 1 year

Revenue28,1 M €-5,4 %over 1 year

Equity31,9 M €+4,3 %over 1 year

Workforce86,6 ETP-1,5 %over 1 year

Identity

Source · BCE/KBO

Nissha Metallizing Solutions is a Public limited company incorporated in 1984. Its main activity is: Manufacture of articles of paper and paperboard. Its registered office is in Genk. It employs on average 86,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0426.672.712
Incorporation: 21/12/1984
Legal form: Public limited company
Registered office: Woudstraat 8
3600 Genk · FlandreSee on map
Contributed capital: 9 000 000,20 €
Latest accounts: 31/12/2025
Average workforce: 86,6 ETP

Activities (NACE)

17250Manufacture of articles of paper and paperboard· main 17290Manufacture of other articles of paper and paperboard 21250Manufacture of pharmaceutical preparations 22110Manufacture of rubber tyres and tubes; retreading and rebuilding of rubber tyres 46491Wholesale of other household goods 46491Wholesale of other household goods+9

Joint committees (2)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 37 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	28,1 M €	-5.4%	29,7 M €	-0.9%	29,9 M €	-28.2%	41,7 M €	+12.0%	37,2 M €
EBITDA	845,5 k €	-2.8%	869,6 k €	-37.2%	1,4 M €	-60.7%	3,5 M €	+20.7%	2,9 M €
Operating result	113 k €	-33.4%	169,6 k €	-70.9%	583,5 k €	-80.5%	3 M €	+45.2%	2,1 M €
Net result	2,3 M €	+17.7%	2 M €	+105%	963 k €	-49.9%	1,9 M €	-80.9%	10,1 M €
Balance sheet
Equity	31,9 M €	+4.3%	30,6 M €	+3.3%	29,6 M €	+3.4%	28,7 M €	+7.2%	26,7 M €
Total assets	52,4 M €	-5.0%	55,1 M €	-0.1%	55,2 M €	-18.9%	68 M €	+1.2%	67,2 M €
Cash	978,1 k €	+274%	261,6 k €	-89.8%	2,6 M €	-26.5%	3,5 M €	+16.1%	3 M €
Debts	20,1 M €	-17.8%	24,4 M €	-3.4%	25,3 M €	-35.4%	39,1 M €	-2.7%	40,2 M €
Other
Workforce	86,6 ETP	-1.5%	87,9 ETP	-14.4%	102,7 ETP	+0.4%	102,3 ETP	+2.7%	99,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

7 active · 66 ended

Active mandates

Director	Function	Mandate
HISASHI ISO	Director	03/05/2023 → 06/05/2026
JULIANA FAKIR	Director	10/09/2021 → 05/05/2027
GIORGIO BOSSO	Director	22/12/2020 → 06/05/2026
AYUMU TAKASHIBA	Director	28/05/2018 → 05/05/2027
JUNYA SUZUKI	Director	03/09/2015 → 05/05/2027
RYOKEI TSURUTA	Director	03/09/2015 → 05/05/2027
WATARU WATANABE	Director	03/09/2015 → 05/05/2027

Ended mandates

Director	Function	Mandate
JULIANA FAKIR	Director	10/09/2021 → 01/05/2024
JULIANA FAKIR	Director	10/09/2021 → 02/05/2024
GIORGIO BOSSO	Director	22/12/2020 → 03/05/2023
AYUMU TAKASHIBA	Director	28/05/2018 → 05/05/2021

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	19/05/2026	19/05/2025	27/05/2024	17/05/2023	12/07/2022	24/06/2021
General meeting	06/05/2026	07/05/2025	02/05/2024	03/05/2023	08/06/2022	05/05/2021
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, 37 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	06/05/2026	19/05/2026	Dutch	PDF
Consolidated accounts	31/12/2025	06/05/2026	19/05/2026	Dutch	PDF
Full model	31/12/2024	07/05/2025	19/05/2025	Dutch	PDF
Consolidated accounts	31/12/2024	07/05/2025	19/05/2025	Dutch	PDF
Full model	31/12/2023	02/05/2024	27/05/2024	Dutch	PDF
Consolidated accounts	31/12/2023	02/05/2024	27/05/2024	Dutch	PDF
Full model	31/12/2022	03/05/2023	17/05/2023	Dutch	PDF
Consolidated accounts	31/12/2022	03/05/2023	16/05/2023	Dutch	PDF
Full modelCorrection	31/12/2021	08/06/2022	12/07/2022	Dutch	PDF
Full model	31/12/2021	08/06/2022	21/06/2022	Dutch	PDF
Consolidated accounts	31/12/2021	08/06/2022	09/06/2022	Dutch	PDF
Full model	31/12/2020	05/05/2021	24/06/2021	Dutch	PDF
Consolidated accounts	31/12/2020	01/01/9999	23/06/2021	Dutch	PDF
Full model	31/12/2019	06/05/2020	08/06/2020	Dutch	PDF
Consolidated accounts	31/12/2019	06/05/2020	17/06/2020	Dutch	PDF
Full model	31/12/2018	02/05/2019	09/09/2019	Dutch	PDF
Consolidated accounts	31/12/2018	02/05/2019	09/09/2019	Dutch	PDF
Full model	31/12/2017	02/05/2018	26/06/2018	Dutch	PDF
Consolidated accountsCorrection	31/12/2017	02/05/2018	08/08/2018	Dutch	PDF
Consolidated accounts	31/12/2017	02/05/2018	17/07/2018	Dutch	PDF
Full model	31/12/2016	03/05/2017	31/07/2017	Dutch	PDF
Consolidated accounts	31/12/2016	03/05/2017	17/08/2017	Dutch	PDF
Full modelCorrection	31/12/2015	04/05/2016	26/08/2016	Dutch	PDF
Full model	31/12/2015	04/05/2016	23/05/2016	Dutch	PDF
Full model	31/12/2014	06/05/2015	29/06/2015	Dutch	PDF
Consolidated accounts	31/12/2014	06/05/2015	03/11/2016	Dutch	PDF
Full model	31/12/2013	07/05/2014	08/08/2014	Dutch	PDF
Consolidated accounts	31/12/2013	07/05/2014	29/08/2014	Dutch	PDF
Full model	31/12/2012	08/05/2013	10/09/2013	Dutch	PDF
Consolidated accounts	31/12/2012	08/05/2013	04/12/2013	Dutch	PDF
Full model	31/12/2011	02/05/2012	01/06/2012	Dutch	PDF
Consolidated accounts	31/12/2011	02/05/2012	01/06/2012	Dutch	PDF
Full model	31/12/2010	04/05/2011	24/06/2011	Dutch	PDF
Full model	31/12/2009	05/05/2010	23/06/2010	Dutch	PDF
Full model	30/09/2008	25/02/2009	12/05/2009	Dutch	PDF
Full model	30/09/2007	30/01/2008	01/02/2008	Dutch	PDF
Full model	30/09/2006	28/02/2007	10/12/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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

7 active · 66 ended

Active mandates

Director	Function	Mandate
HISASHI ISO	Director	03/05/2023 → 06/05/2026
JULIANA FAKIR	Director	10/09/2021 → 05/05/2027
GIORGIO BOSSO	Director	22/12/2020 → 06/05/2026
AYUMU TAKASHIBA	Director	28/05/2018 → 05/05/2027
JUNYA SUZUKI	Director	03/09/2015 → 05/05/2027
RYOKEI TSURUTA	Director	03/09/2015 → 05/05/2027
WATARU WATANABE	Director	03/09/2015 → 05/05/2027

Ended mandates

Director	Function	Mandate
JULIANA FAKIR	Director	10/09/2021 → 01/05/2024
JULIANA FAKIR	Director	10/09/2021 → 02/05/2024
GIORGIO BOSSO	Director	22/12/2020 → 03/05/2023
AYUMU TAKASHIBA	Director	28/05/2018 → 05/05/2021

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other29/06/2026
—
PDF
Mandates06/02/2026
ONTSLAGEN - BENOEMINGEN - DIVERSEN
PDF
Mandates24/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Other24/02/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING
PDF
Mandates01/12/2021
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates04/10/2021
ONTSLAGEN - BENOEMINGEN
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 20252,3 M €↑
2024
Annual accounts 20242 M €↑
02/05/2024
reconductionJunya Suzuki · bestuurder
02/05/2024
reconductionWataru Watanabe · bestuurder
02/05/2024
reconductionRyokei Tsuruta · bestuurder
02/05/2024
reconductionAyumu Takashiba · bestuurder
02/05/2024
reconductionJuliana Fakir · bestuurder
2023
Annual accounts 2023963 k €↓
03/05/2023
reconductionGiorgio Bosso · bestuurder
03/05/2023
nominationHisashi Iso · bestuurder
03/05/2023
reconductionDirk Cleymans · commissaris
2022
Annual accounts 20221,9 M €↓
2021
Annual accounts 202110,1 M €↑
2021
Name changeNissha Metallizing Solutions
2020
Annual accounts 20201,6 M €↓
2019
Annual accounts 20193,2 M €↓
2018
Annual accounts 20188,8 M €↑
2017
Annual accounts 2017-271,9 k €↓
2016
Annual accounts 20161,4 M €↑
2015
Annual accounts 2015-8,5 M €↓
2014
Annual accounts 2014247,3 k €↓
2013
Annual accounts 2013553,9 k €↓
2012
Annual accounts 201220,7 M €↑
2011
Annual accounts 20115,4 M €↑
2010
Annual accounts 20103,7 M €↑
2009
Annual accounts 2009-1,6 M €↓
2008
Annual accounts 20081,6 M €↑
2006
Annual accounts 2006-2,2 M €
21/12/1984
IncorporationPublic limited company

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Nissha Metallizing SolutionsCurrent	accounts 2021 → 2025 · CBE, tracked since 27/09/2026	Accounts 2025 · 2026-00115485
AR METALLIZING	accounts 2011 → 2020	Accounts 2020 · 2021-25000554

Annual accounts date a value by the financial year it appears in. The CBE dates a change to the day, but its history has only been kept since 27/09/2026.

Nissha Metallizing Solutions

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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

Company names