ACTIVE

TROTEC

Export PDF
Financial year 2025 · closed on 30/09/2025
Net result
1,6 M €
+435.7% YoY
Revenue
43,3 M €
+6.0% YoY
Equity
4,8 M €
+18.2% YoY
Workforce
38,3 ETP
-7.9% YoY

What does TROTEC do?

TROTEC is a Public limited company incorporated in 1986. Its main activity is: Manufacture of prepared feeds for farm animals. Its registered office is in Veurne. It employs on average 38,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0428.862.932
Incorporation
02/05/1986
Legal form
Public limited company
Registered office
Albert I laan 21
8630 Veurne · FlandreSee on map
Contributed capital
463 980,00 €
Latest accounts
30/09/2025
Average workforce
38,3 ETP
Activities (NACE)
10910Manufacture of prepared feeds for farm animals· main10910Manufacture of prepared feeds for farm animals15710Manufacture of leather and related products38210Treatment and disposal of non-hazardous waste38323Recovery of sorted materials
Joint committees (5)
  • 118
  • 11820
  • 220
  • 22000
  • 220000
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232021201820172016201420122010200920082007
Income statement
Revenue43,3 M €40,8 M €89,5 M €36,9 M €25,6 M €27,4 M €22,2 M €38,3 M €35,9 M €12,4 M €21,8 M €11,5 M €14,5 M €
EBITDA1,8 M €-159,3 k €14,7 M €4,3 M €952,8 k €2,2 M €1,2 M €1,1 M €4,9 M €358,5 k €805,7 k €568,3 k €2,1 M €
Operating result1,7 M €-781,4 k €8,3 M €3,7 M €437,1 k €1,5 M €284,9 k €-144,7 k €3,8 M €-174,7 k €66,8 k €-142,1 k €132,9 k €
Net result1,6 M €-486,4 k €6,4 M €3,4 M €223,5 k €886 k €195,1 k €71,5 k €2,9 M €-116,1 k €291,9 k €851,7 k €64,6 k €
Balance sheet
Equity4,8 M €4,1 M €4,8 M €4,4 M €889,3 k €925,8 k €971,9 k €4,5 M €4,5 M €1,8 M €2 M €1,7 M €863,4 k €
Total assets24,6 M €20,1 M €24,6 M €22,3 M €11,5 M €12,7 M €9,9 M €8,8 M €10,7 M €5,6 M €4,9 M €4,5 M €2,7 M €
Cash1,9 M €2,3 M €2 M €6,9 M €1,6 M €3,3 M €1,8 M €2,1 M €5 M €853,9 k €234,4 k €1,3 M €4 k €
Debts16,4 M €11,5 M €14,8 M €17,5 M €10,4 M €11,3 M €8,7 M €3,9 M €5,5 M €3,2 M €2,3 M €2,2 M €1,5 M €
Other
Workforce38,3 ETP41,6 ETP40,4 ETP36,6 ETP41,2 ETP40,6 ETP42,8 ETP37,1 ETP27,8 ETP21,9 ETP16,0 ETP16,9 ETP17,4 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 · 4 active · 37 ended

Active mandates

Bruno Pauwelyn

Managing director · until 01 octobre 2024

Active
PADORE

Managing director · 0817.120.971

Represented by Dorethé Pauwelyn

Active
PAUWELYN-CHRISTIAENS

Managing director · 0425.003.421

Represented by Beatrix Christiaens

Active
SICCO

Managing director · 0817.118.793

Represented by Sigrid Pauwelyn

Active

Ended mandates

Bruno PAUWELYN

Managing director · since 23 décembre 2016 · until 03 décembre 2022

Ended
PADORE

Director · since 23 décembre 2016 · until 03 décembre 2022 · 0817.120.971

Represented by Dorethé Pauwelyn

Ended
PADORE

Managing director · since 23 décembre 2016 · until 03 décembre 2022 · 0817.120.971

Represented by Pauwelyn Dorethé

Ended
PAUWELYN-CHRISTIAENS

Managing director · since 23 décembre 2016 · until 03 décembre 2022 · 0425.003.421

Represented by Beatrix CHRISTIAENS

Ended
At this address

Other companies at this address

CompanyCBE no.
ALIPA● Active
0831.111.836
DC LOGISTICS● Active
0826.821.169
DOSI-INVEST● Active
0864.755.889
Annual accounts

Full financial information

202520242023202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/10/202401/10/202301/01/202201/01/202101/07/201901/07/2018
Closing of the financial year30/09/202530/09/202430/09/202331/12/202131/12/202030/06/2019
Length of the financial year12 months12 months21 months12 months18 months12 months
Filing date20/04/202628/03/202509/04/202411/07/202207/06/202113/01/2020
General meeting21/03/202615/03/202516/03/202425/06/202229/05/202121/12/2019
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model30/09/202521/03/202620/04/2026DutchPDF
Full model30/09/202415/03/202528/03/2025DutchPDF
Full model30/09/202316/03/202409/04/2024DutchPDF
Full model31/12/202125/06/202211/07/2022DutchPDF
Full model31/12/202029/05/202107/06/2021DutchPDF
Full model30/06/201921/12/201913/01/2020DutchPDF
Full model30/06/201801/12/201813/12/2018DutchPDF
Full model30/06/201723/12/201711/01/2018DutchPDF
Full model30/06/201623/12/201620/01/2017DutchPDF
Full model30/06/201519/12/201514/01/2016DutchPDF
Full model30/06/201406/12/201423/12/2014DutchPDF
Full model30/09/201216/03/201303/04/2013DutchPDF
Full model31/12/201011/06/201127/06/2011DutchPDF
Full model31/12/200912/06/201013/07/2010DutchPDF
Full model31/03/200806/09/200815/10/2008DutchPDF
Full model31/03/200701/09/200711/10/2007DutchPDF
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 · 4 active · 37 ended

Active mandates

Bruno Pauwelyn

Managing director · until 01 octobre 2024

Active
PADORE

Managing director · 0817.120.971

Represented by Dorethé Pauwelyn

Active
PAUWELYN-CHRISTIAENS

Managing director · 0425.003.421

Represented by Beatrix Christiaens

Active
SICCO

Managing director · 0817.118.793

Represented by Sigrid Pauwelyn

Active

Ended mandates

Bruno PAUWELYN

Managing director · since 23 décembre 2016 · until 03 décembre 2022

Ended
PADORE

Director · since 23 décembre 2016 · until 03 décembre 2022 · 0817.120.971

Represented by Dorethé Pauwelyn

Ended
PADORE

Managing director · since 23 décembre 2016 · until 03 décembre 2022 · 0817.120.971

Represented by Pauwelyn Dorethé

Ended
PAUWELYN-CHRISTIAENS

Managing director · since 23 décembre 2016 · until 03 décembre 2022 · 0425.003.421

Represented by Beatrix CHRISTIAENS

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Other21/11/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates21/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other15/10/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL
    PDF
  • Mandates21/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares28/12/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Other17/07/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates28/01/2020
    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 20251,6 M €↑
  2. 2024
    Annual accounts 2024-486,4 k €↓
  3. 2023
    Annual accounts 20236,4 M €↑
  4. 2021
    Annual accounts 20213,4 M €↑
  5. 2018
    Annual accounts 2018223,5 k €↓
  6. 2017
    Annual accounts 2017886 k €↑
  7. 2016
    Annual accounts 2016195,1 k €↑
  8. 2014
    Annual accounts 201471,5 k €↓
  9. 2012
    Annual accounts 20122,9 M €↑
  10. 2010
    Annual accounts 2010-116,1 k €↓
  11. 2009
    Annual accounts 2009291,9 k €↓
  12. 2008
    Annual accounts 2008851,7 k €↑
  13. 2007
    Annual accounts 200764,6 k €
  14. 02/05/1986
    IncorporationPublic limited company