ACTIVE

METHODE ELECTRONICS BELGIUM

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Financial year 2025 · Closed on 03/05/2025

Net result4,5 M €-8,5 %over 1 year

Revenue36,9 M €-3,3 %over 1 year

Equity22,4 M €+24,2 %over 1 year

Workforce99,4 ETP+2,1 %over 1 year

Identity

Source · BCE/KBO

METHODE ELECTRONICS BELGIUM is a Public limited company incorporated in 1989. Its main activity is: Manufacture of plastic plates, sheets, tubes and profiles. Its registered office is in Lontzen. It employs on average 99,4 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0437.651.429
Incorporation: 31/05/1989
Legal form: Public limited company
Registered office: Rue Zénobe Gramme 9-11
4710 Lontzen · Wallonie
Contributed capital: 1 368 750,00 €
Latest accounts: 03/05/2025
Average workforce: 99,4 ETP

Activities (NACE)

22210Manufacture of plastic plates, sheets, tubes and profiles· main 22210Manufacture of plastic plates, sheets, tubes and profiles 22260Manufacture of plastic products 22290Manufacture of other plastic products 25210Manufacture of central heating radiators and boilers 25240Manufacture of tanks, reservoirs and containers of metal

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	36,9 M €	-3.3%	38,2 M €	+12.1%	34,1 M €	+20.7%	28,2 M €	-0.4%	28,4 M €
EBITDA	7 M €	-6.8%	7,5 M €	+45.3%	5,1 M €	+0.5%	5,1 M €	-0.8%	5,2 M €
Operating result	5,8 M €	-9.1%	6,4 M €	+54.2%	4,2 M €	+25.4%	3,3 M €	-1.2%	3,4 M €
Net result	4,5 M €	-8.5%	4,9 M €	+32.7%	3,7 M €	+48.8%	2,5 M €	+0.6%	2,5 M €
Balance sheet
Equity	22,4 M €	+24.2%	18 M €	+39.0%	13 M €	+6.2%	12,2 M €	-4.5%	12,8 M €
Total assets	29,2 M €	+1.1%	28,8 M €	+6.3%	27,1 M €	-3.2%	28 M €	+25.7%	22,3 M €
Cash	611,7 k €	-35.0%	941,6 k €	-56.5%	2,2 M €	-38.4%	3,5 M €	+330%	817,6 k €
Debts	4,7 M €	-42.1%	8,2 M €	-38.8%	13,4 M €	-10.9%	15,1 M €	+69.4%	8,9 M €
Other
Workforce	99,4 ETP	+2.1%	97,4 ETP	-0.4%	97,8 ETP	-2.3%	100,1 ETP	-0.6%	100,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 03/05/2025

6 active · 9 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jonathan B. DeGaynor	Managing director31/05/2025 → 03/10/2031
Laura M. Kowalchik	Managing director31/05/2025 → 03/10/2031
Amit Patel	Managing director01/07/2024 → 04/10/2030
Andrea Jean Barry	Director01/05/2024 → 04/10/2030
Avula Avinash	Director29/02/2024 → 30/04/2024
Ronald L.G. Tsoumas	Managing director12/03/2018 → 06/10/2028Director12/03/2018 → 2021 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Donald W. Duda Jr	Director27/07/2017 → 28/02/2024Managing director27/07/2017 → 2023 accounts

Other companies at this address

Rue Zénobe Gramme 9-11 4710 Lontzen

Company	CBE no.
METHODE ELECTRONICS BELGIUIM● Active	0882.700.790
PROCO-UNITE● Active	0559.805.311

Full financial information

Source · NBB

	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	28/04/2024	30/04/2023	01/05/2022	02/05/2021	03/05/2020	28/04/2019
Closing of the financial year	03/05/2025	27/04/2024	29/04/2023	30/04/2022	01/05/2021	02/05/2020
Length of the financial year	14 months	13 months	12 months	12 months	13 months	14 months
Filing date	30/11/2025	29/10/2024	28/11/2023	28/11/2022	29/10/2021	28/05/2021
General meeting	31/10/2025	04/10/2024	27/10/2023	28/10/2022	22/10/2021	12/04/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	03/05/2025	31/10/2025	30/11/2025	French	PDF
Full model	27/04/2024	04/10/2024	29/10/2024	French	PDF
Full model	29/04/2023	27/10/2023	28/11/2023	French	PDF
Full model	30/04/2022	28/10/2022	28/11/2022	French	PDF
Full model	01/05/2021	22/10/2021	29/10/2021	French	PDF
Full model	02/05/2020	12/04/2021	28/05/2021	French	PDF
Full modelCorrection	27/04/2019	23/12/2020	22/02/2021	French	PDF
Full model	27/04/2019	04/10/2019	20/04/2020	French	PDF
Full model	28/04/2018	05/10/2018	28/11/2018	French	PDF
Full model	31/03/2017	19/07/2017	27/10/2017	French	PDF
Full model	31/03/2016	16/09/2016	14/11/2016	French	PDF
Full model	31/03/2015	18/09/2015	12/10/2015	French	PDF
Full model	31/03/2014	19/09/2014	07/10/2014	French	PDF
Full model	31/03/2013	20/09/2013	22/10/2013	French	PDF
Full model	31/03/2012	28/09/2012	23/10/2012	French	PDF
Full model	31/03/2011	02/09/2011	29/11/2011	French	PDF
Full model	31/12/2009	18/06/2010	15/07/2010	French	PDF
Full model	30/06/2008	13/12/2008	18/12/2008	French	PDF
Full model	30/06/2007	08/12/2007	20/12/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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.

Board of directors

Source · NBB, accounts to 03/05/2025

6 active · 9 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jonathan B. DeGaynor	Managing director31/05/2025 → 03/10/2031
Laura M. Kowalchik	Managing director31/05/2025 → 03/10/2031
Amit Patel	Managing director01/07/2024 → 04/10/2030
Andrea Jean Barry	Director01/05/2024 → 04/10/2030
Avula Avinash	Director29/02/2024 → 30/04/2024
Ronald L.G. Tsoumas	Managing director12/03/2018 → 06/10/2028Director12/03/2018 → 2021 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Donald W. Duda Jr	Director27/07/2017 → 28/02/2024Managing director27/07/2017 → 2023 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Restructuring12/06/2026
DENOMINATION - OBJET - CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring10/06/2026
OBJET - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring01/04/2026
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring01/04/2026
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Other14/07/2025
VERSCHIEDENES
PDF
Mandates14/07/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates26/09/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates21/03/2024
DEMISSIONS, NOMINATIONS
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

Jonathan B. DeGaynor

Laura M. Kowalchik

Amit Patel

Andrea Jean Barry

Avula Avinash

Ronald L.G. Tsoumas

Donald W. Duda Jr

John R. HRUDICKA

CARABI

METHODE ELECTRONICS BELGIUIM

NOSHAQ

Alex NICK

Show the 3 other mandates

1989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031

Procoplast

Rue Zénobe Gramme 9-11, 4710 Lontzen

Managing director

Director

Managing directorDirector

DirectorManaging director

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue Zénobe Gramme 9-11, 4710 LontzenCurrent	accounts 2022 → 2025	Accounts 2025 · 2025-00574339

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
METHODE ELECTRONICS BELGIUMCurrent		CBE
Procoplast	accounts 2022 → 2025	Accounts 2025 · 2025-00574339

Events

2025
Annual accounts 20254,5 M €↓
2024
Annual accounts 20244,9 M €↑
2023
Annual accounts 20233,7 M €↑
2022
Annual accounts 20222,5 M €↑
2021
Annual accounts 20212,5 M €↑
2020
Annual accounts 20202 M €↑
2019
Annual accounts 20191,9 M €↑
2018
Annual accounts 2018432,6 k €↓
2017
Annual accounts 20171,3 M €↓
2016
Annual accounts 20161,7 M €↑
2015
Annual accounts 20151,7 M €↑
2014
Annual accounts 20141,7 M €↑
2013
Annual accounts 2013143,9 k €↑
2012
Annual accounts 2012-219,4 k €↑
2011
Annual accounts 2011-598,4 k €↑
2009
Annual accounts 2009-1,2 M €↓
2008
Annual accounts 200835,6 k €↓
2007
Annual accounts 2007171,1 k €
31/05/1989
IncorporationPublic limited company

METHODE ELECTRONICS BELGIUM

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events