ACTIVE

PUBLIMAC

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Financial year 2025 · closed on 31/12/2025

Net result

2,3 k €

-98.5% YoY

Gross margin

5,6 k €

+122.5% YoY

Equity

303,2 k €

+0.8% YoY

Workforce

0,0 ETP

What does PUBLIMAC do?

PUBLIMAC is a Public limited company incorporated in 1989. Its main activity is: Manufacture of plastic packing goods. Its registered office is in Herentals.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0437.230.270

Incorporation

07/04/1989

Legal form

Public limited company

Registered office

Diamantstraat (HRT) 8 box 350
2200 Herentals · FlandreSee on map

Contributed capital

100 000,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

22220Manufacture of plastic packing goods· main 70200Management consultancy activities 70220Business and other management consultancy activities 18120Other printing 18120Other printing 47620Retail sale of newspapers and stationery in specialised stores+2

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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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
Gross margin	5,6 k €	+123%	-24,9 k €	-1096%	2,5 k €	+129%	-8,7 k €	-1006%	-782,3 €	-129%	2,7 k €	+140%	-6,8 k €	-114%	47,6 k €	-78.3%	219,6 k €	-39.8%	364,6 k €	+19.9%	304,2 k €	-6.4%	325 k €	+27.0%	256 k €	-19.0%	316,1 k €	+30.1%	242,9 k €	-34.5%	371,1 k €	-2.5%	380,6 k €	-3.5%	394,4 k €	+20.7%	326,9 k €	+0.7%	324,5 k €
EBITDA	3,2 k €	+110%	-33,5 k €	-428%	-6,3 k €	+45.7%	-11,7 k €	-132%	-5 k €	-9.4%	-4,6 k €	+64.4%	-12,9 k €	-132%	40,3 k €	-48.4%	78,1 k €	+7.3%	72,8 k €	+150%	-147 k €	-1550%	10,1 k €	+167%	-15,2 k €	-133%	46,2 k €	-70.7%	158 k €	-1.6%	160,5 k €	+20.1%	133,7 k €	-30.9%	193,3 k €	+28.7%	150,3 k €	-7.0%	161,6 k €
Operating result	3,1 k €	+109%	-33,5 k €	-82.7%	-18,3 k €	+26.7%	-25 k €	-407%	8,1 k €	+117%	-48,1 k €	-59.9%	-30,1 k €	-259%	18,9 k €	-65.9%	55,5 k €	+100%	27,7 k €	+114%	-195,7 k €	-221%	-60,9 k €	+34.6%	-93,1 k €	-428%	-17,6 k €	-135%	50,5 k €	+26.6%	39,9 k €	+209%	12,9 k €	-83.6%	78,7 k €	+44.9%	54,3 k €	-29.7%	77,2 k €
Net result	2,3 k €	-98.5%	157,4 k €	+804%	-22,4 k €	+18.8%	-27,5 k €	-560%	6 k €	+112%	-51,6 k €	-142%	123,9 k €	+1043%	10,8 k €	-73.7%	41,3 k €	+195%	14 k €	+107%	-206,7 k €	-205%	-67,8 k €	+26.5%	-92,3 k €	-1122%	-7,6 k €	-116%	47,2 k €	+19.4%	39,5 k €	+74.4%	22,7 k €	-67.9%	70,7 k €	-43.5%	125 k €	+91.2%	65,3 k €
Balance sheet
Equity	303,2 k €	+0.8%	300,9 k €	+110%	143,5 k €	-13.5%	165,9 k €	-14.2%	193,4 k €	+3.2%	187,4 k €	-21.6%	239 k €	+108%	115,1 k €	+10.4%	104,2 k €	+65.6%	63 k €	+28.6%	48,9 k €	-80.9%	255,6 k €	-21.0%	323,4 k €	-32.0%	475,8 k €	-45.7%	876,9 k €	+5.7%	829,7 k €	+5.0%	790,2 k €	+3.0%	767,5 k €	+10.1%	696,9 k €	+21.8%	571,9 k €
Total assets	367,5 k €	-5.9%	390,4 k €	+59.9%	244,2 k €	-2.3%	250 k €	-6.6%	267,6 k €	-9.1%	294,5 k €	-12.9%	338 k €	-11.2%	380,9 k €	-14.4%	445 k €	-43.8%	791,6 k €	+17.3%	675 k €	-2.2%	690,4 k €	-5.1%	727,5 k €	+6.4%	684 k €	-30.5%	983,7 k €	-11.0%	1,1 M €	+0.8%	1,1 M €	+1.7%	1,1 M €	+4.0%	1 M €	+20.0%	864,6 k €
Cash	3,9 k €	-88.9%	34,8 k €	+191165%	18,2 €	-76.0%	75,8 €	-5.3%	80 €	+70.1%	47 €	-95.6%	1,1 k €	+34.4%	802,2 €	-85.0%	5,4 k €	-63.4%	14,6 k €	+24.7%	11,7 k €	-31.7%	17,2 k €	-60.0%	43 k €	+127%	19 k €	-93.2%	279,7 k €	+368%	59,8 k €	-63.9%	165,6 k €	+58.5%	104,5 k €	-30.9%	151,3 k €	+64.8%	91,8 k €
Debts	1,1 k €	-95.7%	26,4 k €	-71.7%	93,5 k €	+24.6%	75 k €	+18.6%	63,3 k €	-32.9%	94,3 k €	+11.7%	84,5 k €	-65.6%	245,3 k €	-22.2%	315,4 k €	-55.2%	704 k €	+17.5%	599,3 k €	+47.6%	406 k €	+8.8%	373,2 k €	+113%	175,3 k €	+145%	71,7 k €	-27.6%	98,9 k €	-23.7%	129,7 k €	-10.3%	144,6 k €	-22.5%	186,6 k €	-3.2%	192,7 k €
Other
Workforce	0,0 ETP		0,0 ETP		–		–		–		–		–		–		2,0 ETP	-70.6%	6,8 ETP	-12.8%	7,8 ETP	-4.9%	8,2 ETP	+17.1%	7,0 ETP	+7.7%	6,5 ETP	-20.7%	8,2 ETP	+6.5%	7,7 ETP	-2.5%	7,9 ETP	-14.1%	9,2 ETP	+43.7%	6,4 ETP	+20.8%	5,3 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 · 1 active · 13 ended

Active mandates

MARC DE BELSER

Director · since 07 septembre 2021

Active

Ended mandates

De Belser Marc

Director · since 28 mars 2014 · until 13 juin 2019

Ended

DE BELSER

Managing director · since 01 juin 2012 · until 13 juin 2018 · 0473.301.996

Represented by Marc De Belser

Ended

DE BELSER

Managing director · since 01 juin 2012 · until 13 juin 2018 · 0473.301.996

Represented by MARC DE BELSER

Ended

THIERRY CYPERS

Director · since 12 juin 2009 · until 12 juin 2015

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	16/06/2026	03/07/2025	10/07/2024	31/07/2023	22/07/2022	27/07/2021
General meeting	12/06/2026	13/06/2025	14/06/2024	30/06/2023	10/06/2022	20/07/2021
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

37 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	12/06/2026	16/06/2026	Dutch	PDF
Abridged model	31/12/2024	13/06/2025	03/07/2025	Dutch	PDF
Abridged model	31/12/2023	14/06/2024	10/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	31/07/2023	Dutch	PDF
Abridged model	31/12/2021	10/06/2022	22/07/2022	Dutch	PDF
Abridged model	31/12/2020	20/07/2021	27/07/2021	Dutch	PDF
Abridged model	31/12/2019	03/07/2020	22/07/2020	Dutch	PDF
Abridged model	31/12/2018	14/06/2019	10/07/2019	Dutch	PDF
Abridged model	31/12/2017	08/06/2018	22/07/2018	Dutch	PDF
Abridged model	31/12/2016	09/06/2017	22/08/2017	Dutch	PDF
Abridged model	31/12/2015	10/06/2016	28/07/2016	Dutch	PDF
Abridged model	31/12/2014	12/06/2015	03/08/2015	Dutch	PDF
Abridged model	31/12/2013	13/06/2014	01/08/2014	Dutch	PDF
Abridged model	31/12/2012	14/06/2013	27/06/2013	Dutch	PDF
Abridged model	31/12/2011	31/05/2012	31/07/2012	Dutch	PDF
Abridged model	31/12/2010	10/06/2011	27/07/2011	Dutch	PDF
Abridged model	31/12/2009	11/06/2010	16/08/2010	Dutch	PDF
Abridged model	31/12/2008	12/06/2009	28/08/2009	Dutch	PDF
Abridged model	31/12/2007	13/06/2008	20/08/2008	Dutch	PDF
Abridged model	31/12/2006	08/06/2007	17/07/2007	Dutch	PDF
Abridged model	31/12/2005	09/06/2006	05/07/2006	Dutch	PDF
Abridged model	31/12/2004	10/06/2005	24/06/2005	Dutch	PDF
Abridged model	31/12/2003	11/06/2004	22/06/2004	Dutch	PDF
Abridged model	31/12/2002	13/06/2003	27/06/2003	Dutch	PDF

View all 37 filings

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 · 1 active · 13 ended

Active mandates

MARC DE BELSER

Director · since 07 septembre 2021

Active

Ended mandates

De Belser Marc

Director · since 28 mars 2014 · until 13 juin 2019

Ended

DE BELSER

Managing director · since 01 juin 2012 · until 13 juin 2018 · 0473.301.996

Represented by Marc De Belser

Ended

DE BELSER

Managing director · since 01 juin 2012 · until 13 juin 2018 · 0473.301.996

Represented by MARC DE BELSER

Ended

THIERRY CYPERS

Director · since 12 juin 2009 · until 12 juin 2015

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office13/05/2024
MAATSCHAPPELIJKE ZETEL
PDF
Mandates13/09/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Registered office19/11/2020
MAATSCHAPPELIJKE ZETEL
PDF
Mandates12/06/2017
BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates09/05/2014
BENAMING - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates03/07/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/02/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/10/2009
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 20252,3 k €↓
2024
Annual accounts 2024157,4 k €↑
2023
Annual accounts 2023-22,4 k €↑
2022
Annual accounts 2022-27,5 k €↓
2021
Annual accounts 20216 k €↑
2020
Annual accounts 2020-51,6 k €↓
2019
Annual accounts 2019123,9 k €↑
2018
Annual accounts 201810,8 k €↓
2017
Annual accounts 201741,3 k €↑
2016
Annual accounts 201614 k €↑
2015
Annual accounts 2015-206,7 k €↓
2014
Annual accounts 2014-67,8 k €↑
2013
Annual accounts 2013-92,3 k €↓
2012
Annual accounts 2012-7,6 k €↓
2011
Annual accounts 201147,2 k €↑
2010
Annual accounts 201039,5 k €↑
2009
Annual accounts 200922,7 k €↓
2008
Annual accounts 200870,7 k €↓
2007
Annual accounts 2007125 k €↑
2006
Annual accounts 200665,3 k €
07/04/1989
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

PUBLIMAC

Overview

What does PUBLIMAC 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