ACTIVE

PERMANCO

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Financial year 2025 · closed on 31/12/2025
Net result
9 M €
+2627.5% YoY
Gross margin
5,4 M €
+3866.0% YoY
Equity
10,9 M €
+386.2% YoY

What does PERMANCO do?

PERMANCO is a Public limited company incorporated in 1989. Its main activity is: Management consultancy activities. Its registered office is in Antwerpen.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0437.406.850
Incorporation
03/05/1989
Legal form
Public limited company
Registered office
Kattendijkdok-Westkaai 41 box 12.02
2000 Antwerpen · FlandreSee on map
Contributed capital
92 984,86 €
Latest accounts
31/12/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities74142Specialised design activities
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020202019201820172016201520142013201220112010200920082007
Income statement
Gross margin5,4 M €135,3 k €-137,3 k €1,5 M €289,4 k €38 k €63,2 k €45,9 k €60,4 k €55,5 k €33,2 k €38,3 k €84,7 k €26,5 k €41,7 k €34,2 k €45,5 k €36,5 k €-37,3 k €24,2 k €
EBITDA5,3 M €133,3 k €-139,7 k €1,5 M €284 k €34,7 k €58,8 k €42,3 k €57,3 k €52,5 k €30,3 k €35,2 k €81,1 k €26,3 k €35,5 k €54,9 k €25,4 k €18,7 k €-40,1 k €25,8 k €
Operating result4,9 M €124,7 k €-146,6 k €1,5 M €270,4 k €29,3 k €48,6 k €30,9 k €46,4 k €37,6 k €15,2 k €21,1 k €66,4 k €13,8 k €23,9 k €44,6 k €13,1 k €5,4 k €-53,4 k €11,6 k €
Net result9 M €328,6 k €-192,9 k €1,1 M €261,6 k €2,9 k €14 k €83,8 k €46,1 k €344,8 k €8,1 k €1,9 k €67,9 k €5,9 k €21,9 k €66,7 k €20,8 k €5 k €5,5 k €12,8 k €
Balance sheet
Equity10,9 M €2,2 M €1,9 M €2,1 M €1,1 M €800,2 k €797,4 k €783,3 k €699,5 k €653,4 k €308,6 k €300,5 k €298,6 k €260,7 k €254,9 k €233,5 k €190,9 k €170,1 k €165,1 k €159,6 k €
Total assets12,9 M €3,2 M €3,3 M €3,9 M €3,3 M €3,1 M €3,2 M €2,4 M €1,5 M €824 k €500,3 k €546,1 k €546,5 k €562,1 k €556,3 k €537 k €478,7 k €251,3 k €200,2 k €193,4 k €
Cash235,2 k €120,6 k €307,7 k €927,9 k €244,6 k €52,8 k €118,6 k €188 k €262,1 k €413,1 k €138,7 k €146,6 k €128,4 k €54,2 k €62,2 k €34,4 k €98,8 k €60,9 k €9 k €12,5 k €
Debts382,2 k €597 k €1,1 M €1,4 M €2,2 M €2,3 M €2,4 M €1,6 M €802,5 k €158,2 k €185,8 k €239,6 k €207,3 k €279,1 k €248,4 k €298,5 k €245,2 k €14,3 k €3,1 k €33,2 k €
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 31/12/2025 · 1 active · 20 ended

Active mandates

Michel Permeke

Director · since 21 novembre 2013

Active

Ended mandates

Julie PERMEKE

Director · since 20 novembre 2019 · until 19 novembre 2025

Ended
Laurent Permeke

Director · since 20 novembre 2019 · until 19 novembre 2025

Ended
Michel PERMEKE

Managing director · since 20 novembre 2019 · until 19 novembre 2025

Ended
Julie Permeke

Director · since 01 février 2018 · until 21 novembre 2019

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/07/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months6 months
Filing date25/06/202614/04/202502/07/202425/07/202325/08/202208/07/2021
General meeting01/06/202607/04/202503/06/202430/06/202330/06/202221/06/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202501/06/202625/06/2026DutchPDF
Abridged model31/12/202407/04/202514/04/2025DutchPDF
Abridged model31/12/202303/06/202402/07/2024DutchPDF
Abridged model31/12/202230/06/202325/07/2023DutchPDF
Abridged model31/12/202130/06/202225/08/2022DutchPDF
Abridged model31/12/202021/06/202108/07/2021DutchPDF
Abridged model30/06/202031/12/202001/02/2021DutchPDF
Micro model30/06/201920/11/201923/12/2019DutchPDF
Micro model30/06/201815/11/201804/01/2019DutchPDF
Micro model30/06/201716/11/201720/12/2017DutchPDF
Abridged model30/06/201617/11/201631/01/2017DutchPDF
Abridged model30/06/201519/11/201527/01/2016DutchPDF
Abridged model30/06/201420/11/201429/01/2015DutchPDF
Abridged model30/06/201321/11/201330/01/2014DutchPDF
Abridged model30/06/201215/11/201213/02/2013DutchPDF
Abridged model30/06/201117/11/201131/01/2012DutchPDF
Abridged model30/06/201018/11/201028/02/2011DutchPDF
Abridged model30/06/200919/11/200913/01/2010DutchPDF
Abridged model30/06/200820/11/200807/01/2009DutchPDF
Abridged model30/06/200715/11/200725/01/2008DutchPDF
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 31/12/2025 · 1 active · 20 ended

Active mandates

Michel Permeke

Director · since 21 novembre 2013

Active

Ended mandates

Julie PERMEKE

Director · since 20 novembre 2019 · until 19 novembre 2025

Ended
Laurent Permeke

Director · since 20 novembre 2019 · until 19 novembre 2025

Ended
Michel PERMEKE

Managing director · since 20 novembre 2019 · until 19 novembre 2025

Ended
Julie Permeke

Director · since 01 février 2018 · until 21 novembre 2019

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring09/05/2025
    DOEL - KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring10/03/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Mandates13/07/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring12/06/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Registered office07/12/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Restructuring09/08/2021
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring09/03/2021
    DOEL - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates22/01/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    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 20259 M €↑
  2. 2024
    Annual accounts 2024328,6 k €↑
  3. 2023
    Annual accounts 2023-192,9 k €↓
  4. 2022
    Annual accounts 20221,1 M €↑
  5. 2021
    Annual accounts 2021261,6 k €↑
  6. 2020
    Annual accounts 20202,9 k €↓
  7. 2020
    Annual accounts 202014 k €↓
  8. 2019
    Annual accounts 201983,8 k €↑
  9. 2018
    Annual accounts 201846,1 k €↓
  10. 2017
    Annual accounts 2017344,8 k €↑
  11. 2016
    Annual accounts 20168,1 k €↑
  12. 2015
    Annual accounts 20151,9 k €↓
  13. 2014
    Annual accounts 201467,9 k €↑
  14. 2013
    Annual accounts 20135,9 k €↓
  15. 2012
    Annual accounts 201221,9 k €↓
  16. 2011
    Annual accounts 201166,7 k €↑
  17. 2010
    Annual accounts 201020,8 k €↑
  18. 2009
    Annual accounts 20095 k €↓
  19. 2008
    Annual accounts 20085,5 k €↓
  20. 2007
    Annual accounts 200712,8 k €
  21. 03/05/1989
    IncorporationPublic limited company