ACTIVE

EXTRUMAT

Financial year 2025 · closed on 31/12/2025
Net result
-50,1 k €
-1.2% YoY
Gross margin
594,3 k €
-39.4% YoY
Equity
924,7 k €
-5.1% YoY
Workforce
7,0 ETP
-1.4% YoY

What does EXTRUMAT do?

EXTRUMAT is a Public limited company incorporated in 1985. Its main activity is: Manufacture of weapons and ammunition. Its registered office is in Pittem. It employs on average 7,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0428.174.727
Incorporation
12/12/1985
Legal form
Public limited company
Registered office
Vannestenstraat 4
8740 Pittem · FlandreSee on map
Contributed capital
500 000,00 €
Latest accounts
31/12/2025
Average workforce
7,0 ETP
Joint committees (2)
  • 111
  • 209
Signals
Solid equityLow riskGood liquidityHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin594,3 k €980,7 k €713,5 k €622,9 k €600,5 k €639,3 k €693,9 k €718,7 k €
EBITDA-45,4 k €-27,4 k €162,8 k €90,6 k €44,7 k €32 k €36,3 k €53,8 k €75,3 k €115,2 k €156 k €19,4 k €92,8 k €124 k €138,2 k €175,8 k €153,3 k €82,6 k €88,9 k €
Operating result-78 k €-86 k €114,4 k €50,8 k €15,3 k €1,9 k €3,5 k €21,6 k €29,3 k €42,8 k €80,7 k €-44 k €14,6 k €-2,8 k €22,2 k €42,4 k €20,9 k €-44,6 k €-7,2 k €
Net result-50,1 k €-49,5 k €79,6 k €32,2 k €6,6 k €-2,3 k €-1,7 k €20,6 k €18,8 k €45,5 k €85,4 k €-36,2 k €24,3 k €16,5 k €42,4 k €54,7 k €44,8 k €-24 k €25,4 k €
Balance sheet
Equity924,7 k €974,8 k €1 M €944,8 k €912,6 k €906 k €908,3 k €1,2 M €1,1 M €1,1 M €1,1 M €989,7 k €1,5 M €1,5 M €1,5 M €1,4 M €1,4 M €1,3 M €1,4 M €
Total assets1,2 M €1,2 M €1,3 M €1,2 M €1,2 M €1,1 M €1,2 M €1,4 M €1,4 M €1,4 M €1,4 M €1,2 M €1,7 M €1,7 M €1,7 M €1,6 M €1,6 M €1,6 M €1,6 M €
Cash667,1 k €426,3 k €446,1 k €225,5 k €127,7 k €401,5 k €47,4 k €21,3 k €694,4 k €686,5 k €351,6 k €886,7 k €853,6 k €875,4 k €114,6 k €88,9 k €3,9 k €
Debts273,1 k €188,6 k €247,2 k €287,3 k €297,1 k €158,5 k €232,2 k €177,1 k €220,1 k €236,5 k €250,8 k €202 k €147,5 k €202,7 k €180,3 k €161,2 k €184 k €228,8 k €165,8 k €
Other
Workforce7,0 ETP7,1 ETP6,8 ETP7,1 ETP7,7 ETP10,4 ETP10,3 ETP10,6 ETP10,7 ETP10,5 ETP10,9 ETP11,1 ETP10,8 ETP10,8 ETP10,6 ETP8,8 ETP9,5 ETP10,9 ETP11,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 29 ended

Active mandates

GUFOS

Director · since 23 juin 2023 · 0826.764.553

Represented by Steven Geirnaert

Active
MARK VANDECRUYS

Director · since 23 juin 2023

Active
PYGMA

Director · since 23 juin 2023 · 0679.782.928

Represented by Peter Vandendriessche

Active

Ended mandates

VAN OVERSCHELDE

Director · since 18 novembre 2022 · until 23 juin 2023 · 0436.091.808

Ended
BAVANOS

Director · since 19 février 2020 · until 23 juin 2023 · 0743.863.603

Ended
BAVANOS

Managing director · since 19 février 2020 · until 16 novembre 2024 · 0743.863.603

Represented by Bart Van Overschelde

Ended
Bart Van Overschelde

Managing director · since 17 novembre 2018 · until 19 février 2020

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year31/12/202531/12/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months18 months12 months12 months12 months12 months
Filing date09/06/202620/05/202513/12/202321/11/202220/12/202116/12/2020
General meeting18/05/202619/05/202518/11/202318/11/202217/12/202121/11/2020
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202518/05/202609/06/2026DutchPDF
Abridged model31/12/202419/05/202520/05/2025DutchPDF
Abridged model30/06/202318/11/202313/12/2023DutchPDF
Abridged model30/06/202218/11/202221/11/2022DutchPDF
Abridged model30/06/202117/12/202120/12/2021DutchPDF
Abridged model30/06/202021/11/202016/12/2020DutchPDF
Abridged model30/06/201916/11/201909/12/2019DutchPDF
Abridged model30/06/201817/11/201804/12/2018DutchPDF
Full model30/06/201720/12/201722/12/2017DutchPDF
Full model30/06/201619/11/201623/12/2016DutchPDF
Full model30/06/201521/11/201531/12/2015DutchPDF
Full model30/06/201415/11/201430/12/2014DutchPDF
Full model30/06/201316/11/201329/01/2014DutchPDF
Full model30/06/201217/11/201231/01/2013DutchPDF
Full model30/06/201119/11/201116/12/2011DutchPDF
Full model30/06/201020/11/201006/12/2010DutchPDF
Full model30/06/200921/11/200921/12/2009DutchPDF
Full model30/06/200815/11/200810/12/2008DutchPDF
Full model30/06/200717/11/200710/12/2007DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 29 ended

Active mandates

GUFOS

Director · since 23 juin 2023 · 0826.764.553

Represented by Steven Geirnaert

Active
MARK VANDECRUYS

Director · since 23 juin 2023

Active
PYGMA

Director · since 23 juin 2023 · 0679.782.928

Represented by Peter Vandendriessche

Active

Ended mandates

VAN OVERSCHELDE

Director · since 18 novembre 2022 · until 23 juin 2023 · 0436.091.808

Ended
BAVANOS

Director · since 19 février 2020 · until 23 juin 2023 · 0743.863.603

Ended
BAVANOS

Managing director · since 19 février 2020 · until 16 novembre 2024 · 0743.863.603

Represented by Bart Van Overschelde

Ended
Bart Van Overschelde

Managing director · since 17 novembre 2018 · until 19 février 2020

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring11/09/2026
    MET SPLITSING GELIJKGESTELDE VERRICHTING (“PARTIELE
    PDF
  • Other18/06/2026
    DIVERSEN
    PDF
  • Mandates25/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other24/08/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates20/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/12/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other01/07/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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 2025-50,1 k €
  2. 2024
    Annual accounts 2024-49,5 k €
  3. 2023
    Annual accounts 202379,6 k €
  4. 2022
    Annual accounts 202232,2 k €
  5. 2021
    Annual accounts 20216,6 k €
  6. 2020
    Annual accounts 2020-2,3 k €
  7. 2019
    Annual accounts 2019-1,7 k €
  8. 2018
    Annual accounts 201820,6 k €
  9. 2017
    Annual accounts 201718,8 k €
  10. 2016
    Annual accounts 201645,5 k €
  11. 2015
    Annual accounts 201585,4 k €
  12. 2014
    Annual accounts 2014-36,2 k €
  13. 2013
    Annual accounts 201324,3 k €
  14. 2012
    Annual accounts 201216,5 k €
  15. 2011
    Annual accounts 201142,4 k €
  16. 2010
    Annual accounts 201054,7 k €
  17. 2009
    Annual accounts 200944,8 k €
  18. 2008
    Annual accounts 2008-24 k €
  19. 2007
    Annual accounts 200725,4 k €
  20. 12/12/1985
    IncorporationPublic limited company