ACTIVE

PAMI

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Financial year 2025 · closed on 31/12/2025

Net result

90,8 k €

+15.1% YoY

Revenue

36,4 M €

+10.2% YoY

Equity

10,5 M €

+0.9% YoY

Workforce

97,4 ETP

-1.4% YoY

What does PAMI do?

PAMI is a Public limited company incorporated in 1988. Its main activity is: Manufacture of furniture. Its registered office is in Pelt. It employs on average 97,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0434.820.019

Incorporation

06/07/1988

Legal form

Public limited company

Registered office

Industrielaan 20
3900 Pelt · FlandreSee on map

Contributed capital

4 000 000,00 €

Latest accounts

31/12/2025

Average workforce

97,4 ETP

Activities (NACE)

31001Manufacture of furniture· main 31010Manufacture of office and shop furniture 36121Water collection, treatment and supply

Joint committees (6)

111
1110
11100
209
2090
20900

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	36,4 M €	+10.2%	33 M €	-14.2%	38,5 M €	+33.7%	28,8 M €	+10.9%	26 M €	-0.7%	26,1 M €	+10.6%	23,6 M €	-1.9%	24,1 M €	+20.6%	20 M €	+11.8%	17,9 M €	+2.2%	17,5 M €	-8.1%	19 M €	+17.5%	16,2 M €	-21.5%	20,6 M €	+5.9%	19,5 M €	+20.4%	16,2 M €	-5.9%	17,2 M €	-9.3%	19 M €	+2.0%	18,6 M €	+6.4%	17,5 M €
EBITDA	1,3 M €	+27.7%	980,1 k €	-40.9%	1,7 M €	+27.2%	1,3 M €	+29.8%	1 M €	-16.9%	1,2 M €	-2.7%	1,2 M €	-20.2%	1,6 M €	+664%	-276,7 k €	-157%	481,4 k €	+31.4%	366,3 k €	-19.1%	452,6 k €	+225%	-360,8 k €	-162%	578,4 k €	-27.4%	796,5 k €	+224%	246,1 k €	-62.2%	651,5 k €	-6.9%	699,5 k €	-14.5%	818,2 k €	+20.8%	677,1 k €
Operating result	243,3 k €	-17.3%	294,2 k €	-53.6%	633,6 k €	+88.8%	335,7 k €	+106%	163,3 k €	-77.1%	713,6 k €	-7.3%	769,9 k €	-15.6%	912 k €	+1141%	-87,6 k €	-326%	38,8 k €	+104%	-1,1 M €	-1484%	-66,4 k €	+92.4%	-869,4 k €	-2045%	-40,5 k €	-128%	147,1 k €	+141%	-355,5 k €	-129%	-154,9 k €	+27.0%	-212,3 k €	-193%	228,9 k €	-33.6%	344,5 k €
Net result	90,8 k €	+15.1%	78,9 k €	-76.4%	334,7 k €	+105%	163,6 k €	+67.8%	97,5 k €	-85.2%	659,6 k €	-17.5%	799,6 k €	-18.2%	977,6 k €	+14321%	6,8 k €	-96.9%	219,4 k €	+109%	-2,5 M €	-6285%	41 k €	+107%	-604 k €	-743%	94 k €	-79.3%	454,4 k €	+34132%	-1,3 k €	-102%	86,3 k €	+2261%	3,7 k €	-98.8%	311 k €	-9.9%	345,2 k €
Balance sheet
Equity	10,5 M €	+0.9%	10,4 M €	+0.8%	10,3 M €	+3.4%	10 M €	+1.7%	9,8 M €	+1.0%	9,7 M €	+7.2%	9 M €	+9.6%	8,3 M €	+2.8%	8 M €	+0.0%	8 M €	+2.7%	7,8 M €	+0.8%	7,8 M €	+0.4%	7,7 M €	-7.4%	8,3 M €	+1.1%	8,3 M €	+6.0%	7,8 M €	-0.3%	7,8 M €	+0.8%	7,7 M €	-0.5%	7,8 M €	+25.7%	6,2 M €
Total assets	31,7 M €	+0.6%	31,5 M €	-2.6%	32,4 M €	+18.6%	27,3 M €	+28.6%	21,2 M €	+1.5%	20,9 M €	+35.7%	15,4 M €	-1.7%	15,7 M €	+6.8%	14,7 M €	-3.5%	15,2 M €	+6.4%	14,3 M €	-2.1%	14,6 M €	+7.4%	13,6 M €	-18.6%	16,7 M €	+23.1%	13,6 M €	+12.0%	12,1 M €	+12.4%	10,8 M €	-11.7%	12,2 M €	+16.6%	10,5 M €	+5.1%	10 M €
Cash	981,1 k €	-51.9%	2 M €	+172%	749,3 k €	+273%	201,1 k €	-79.9%	1 M €	-74.0%	3,9 M €	+5400%	70 k €	-64.4%	196,9 k €	-69.7%	649 k €	-49.6%	1,3 M €	-17.6%	1,6 M €	+156%	612,3 k €	-34.7%	937,2 k €	-14.4%	1,1 M €	+250%	312,4 k €	-4.9%	328,4 k €	+66.6%	197,1 k €	+37.2%	143,6 k €	+104%	70,5 k €	-82.0%	391,9 k €
Debts	19,5 M €	+1.4%	19,2 M €	-3.8%	19,9 M €	+31.8%	15,1 M €	+32.3%	11,4 M €	+2.2%	11,2 M €	+76.2%	6,3 M €	-14.5%	7,4 M €	+11.5%	6,7 M €	-7.4%	7,2 M €	+10.8%	6,5 M €	-5.4%	6,9 M €	+16.8%	5,9 M €	-29.7%	8,4 M €	+57.4%	5,3 M €	+23.0%	4,3 M €	+46.7%	2,9 M €	-33.5%	4,4 M €	+67.8%	2,6 M €	-29.5%	3,7 M €
Other
Workforce	97,4 ETP	-1.4%	98,8 ETP	+4.1%	94,9 ETP	+13.4%	83,7 ETP	-4.5%	87,6 ETP	-0.2%	87,8 ETP	-2.3%	89,9 ETP	+1.0%	89,0 ETP	-0.2%	89,2 ETP	+0.1%	89,1 ETP	-0.1%	89,2 ETP	-4.8%	93,7 ETP	-6.8%	100,5 ETP	+8.6%	92,5 ETP	+1.4%	91,2 ETP	-1.8%	92,9 ETP	-1.2%	94,0 ETP	+1.1%	93,0 ETP	+1.2%	91,9 ETP	+15.6%	79,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 31 ended

Active mandates

Workspace Factories

Director · since 21 décembre 2023 · 0782.492.466

Represented by Goswijn Fijen

Active

Ended mandates

Workspace Factories

Director · since 21 décembre 2023 · until 11 juin 2029 · 0782.492.466

Represented by Goswin Fijen

Ended

Workspace Factories

Director · since 21 décembre 2023 · until 21 juin 2029 · 0782.492.466

Represented by Goswijn Fijen

Ended

Andicame BV

Director · since 14 mars 2022 · until 13 mars 2028 · 0783.880.457

Represented by Taco LUIKEN

Ended

New Office Invest BV

Managing director · since 14 mars 2022 · until 13 mars 2028 · 0779.950.868

Represented by Goswin FIJEN

Ended

At this address

Other companies at this address

Company	CBE no.
INTERPAM● Active	0434.819.425
PAMI INTERNATIONAL● Active	0423.087.373
PAMI OG● Active	0432.496.868
Workspace Factories● Active	0782.492.466

Annual accounts

Full financial information

	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	31/08/2026	17/07/2025	10/07/2024	12/07/2023	12/07/2022	08/07/2021
General meeting	31/08/2026	27/06/2025	10/06/2024	12/06/2023	13/06/2022	14/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	31/08/2026	31/08/2026	Dutch	PDF
Full model	31/12/2024	27/06/2025	17/07/2025	Dutch	PDF
Full model	31/12/2023	10/06/2024	10/07/2024	Dutch	PDF
Full model	31/12/2022	12/06/2023	12/07/2023	Dutch	PDF
Full model	31/12/2021	13/06/2022	12/07/2022	Dutch	PDF
Full model	31/12/2020	14/06/2021	08/07/2021	Dutch	PDF
Full model	31/12/2019	05/06/2020	15/06/2020	Dutch	PDF
Full model	31/12/2018	07/06/2019	27/06/2019	Dutch	PDF
Full model	31/12/2017	01/06/2018	28/06/2018	Dutch	PDF
Full model	31/12/2016	15/06/2017	30/06/2017	Dutch	PDF
Full model	31/12/2015	03/06/2016	01/07/2016	Dutch	PDF
Full model	31/12/2014	05/06/2015	29/06/2015	Dutch	PDF
Full model	31/12/2013	06/06/2014	08/07/2014	Dutch	PDF
Full model	31/12/2012	28/06/2013	22/07/2013	Dutch	PDF
Full model	31/12/2011	01/06/2012	29/06/2012	Dutch	PDF
Full model	31/12/2010	03/06/2011	01/07/2011	Dutch	PDF
Full model	31/12/2009	04/06/2010	29/06/2010	Dutch	PDF
Full model	31/12/2008	05/06/2009	17/06/2009	Dutch	PDF
Full model	31/12/2007	06/06/2008	01/07/2008	Dutch	PDF
Full model	31/12/2006	01/06/2007	15/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 31/12/2025 · 1 active · 31 ended

Active mandates

Workspace Factories

Director · since 21 décembre 2023 · 0782.492.466

Represented by Goswijn Fijen

Active

Ended mandates

Workspace Factories

Director · since 21 décembre 2023 · until 11 juin 2029 · 0782.492.466

Represented by Goswin Fijen

Ended

Workspace Factories

Director · since 21 décembre 2023 · until 21 juin 2029 · 0782.492.466

Represented by Goswijn Fijen

Ended

Andicame BV

Director · since 14 mars 2022 · until 13 mars 2028 · 0783.880.457

Represented by Taco LUIKEN

Ended

New Office Invest BV

Managing director · since 14 mars 2022 · until 13 mars 2028 · 0779.950.868

Represented by Goswin FIJEN

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other11/05/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
PDF
Other01/08/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates30/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/04/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/11/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/04/2022
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/10/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates26/06/2020
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

2025
Annual accounts 202590,8 k €↑
2024
Annual accounts 202478,9 k €↓
2023
Annual accounts 2023334,7 k €↑
2022
Annual accounts 2022163,6 k €↑
2021
Annual accounts 202197,5 k €↓
2020
Annual accounts 2020659,6 k €↓
2019
Annual accounts 2019799,6 k €↓
2018
Annual accounts 2018977,6 k €↑
2017
Annual accounts 20176,8 k €↓
2016
Annual accounts 2016219,4 k €↑
2015
Annual accounts 2015-2,5 M €↓
2014
Annual accounts 201441 k €↑
2013
Annual accounts 2013-604 k €↓
2012
Annual accounts 201294 k €↓
2011
Annual accounts 2011454,4 k €↑
2010
Annual accounts 2010-1,3 k €↓
2009
Annual accounts 200986,3 k €↑
2008
Annual accounts 20083,7 k €↓
2007
Annual accounts 2007311 k €↓
2006
Annual accounts 2006345,2 k €
06/07/1988
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

PAMI

Overview

What does PAMI do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

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