ACTIVE

PAGE ELECTRONICA

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Financial year 2025 · closed on 31/12/2025

Net result

2,1 M €

-19.3% YoY

Revenue

22,1 M €

-20.8% YoY

Equity

24,9 M €

+5.9% YoY

Workforce

137,4 ETP

-6.0% YoY

What does PAGE ELECTRONICA do?

PAGE ELECTRONICA is a Public limited company incorporated in 1990. Its main activity is: Manufacture of electronic components. Its registered office is in Poperinge. It employs on average 137,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0440.622.005

Incorporation

30/04/1990

Legal form

Public limited company

Registered office

Frankrijklaan 22
8970 Poperinge · FlandreSee on map

Contributed capital

119 000,00 €

Latest accounts

31/12/2025

Average workforce

137,4 ETP

Activities (NACE)

26110Manufacture of electronic components· main 26110Manufacture of electronic components 26120Manufacture of loaded electronic boards 26120Manufacture of loaded electronic boards 32100Manufacture of jewellery, bijouterie and related articles

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

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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	22,1 M €	-20.8%	27,9 M €	-12.0%	31,7 M €	+4.2%	30,4 M €	+8.6%	28 M €	+33.6%	21 M €	-6.7%	22,5 M €	+11.1%	20,2 M €	+11.6%	18,1 M €	+11.3%	16,3 M €	+2.3%	15,9 M €	+5.9%	15 M €	+13.9%	13,2 M €	+7.4%	12,3 M €	+7.2%	11,5 M €	+25.1%	9,2 M €	+29.2%	7,1 M €	-7.8%	7,7 M €	-15.1%	9,1 M €		–
EBITDA	3,4 M €	-18.5%	4,1 M €	-2.9%	4,3 M €	+29.0%	3,3 M €	-37.0%	5,2 M €	+22.6%	4,3 M €	+14.4%	3,7 M €	+56.7%	2,4 M €	-8.2%	2,6 M €	+6.0%	2,4 M €	+12.2%	2,2 M €	+11.7%	2 M €	+1.9%	1,9 M €	+15.1%	1,7 M €	+2.8%	1,6 M €	+7.3%	1,5 M €	-7.8%	1,6 M €	-8.2%	1,8 M €	-12.5%	2 M €	+96.5%	1 M €
Operating result	2,6 M €	-22.1%	3,3 M €	-3.4%	3,4 M €	+38.2%	2,5 M €	-44.5%	4,4 M €	+26.7%	3,5 M €	+16.2%	3 M €	+81.7%	1,7 M €	-12.4%	1,9 M €	-5.1%	2 M €	+17.3%	1,7 M €	+8.4%	1,6 M €	+8.8%	1,4 M €	+37.4%	1 M €	+8.1%	968,3 k €	+10.5%	876,1 k €	-7.1%	943,1 k €	-26.1%	1,3 M €	-16.2%	1,5 M €	+203%	502 k €
Net result	2,1 M €	-19.3%	2,6 M €	+0.7%	2,6 M €	+39.7%	1,9 M €	-42.3%	3,3 M €	+33.0%	2,4 M €	+16.5%	2,1 M €	+73.4%	1,2 M €	-34.0%	1,8 M €	-9.4%	2 M €	+33.9%	1,5 M €	+16.8%	1,3 M €	+37.8%	941,1 k €	+30.8%	719,2 k €	+1.7%	707 k €	+29.5%	546 k €	-18.3%	668,6 k €	-27.0%	916,2 k €	-15.2%	1,1 M €	+236%	321,6 k €
Balance sheet
Equity	24,9 M €	+5.9%	23,5 M €	+9.8%	21,4 M €	+2.9%	20,8 M €	+6.6%	19,5 M €	+16.0%	16,9 M €	+12.5%	15 M €	+12.7%	13,3 M €	+7.0%	12,4 M €	+15.6%	10,7 M €	+23.3%	8,7 M €	+21.1%	7,2 M €	+22.0%	5,9 M €	+12.1%	5,3 M €	+15.8%	4,5 M €	+15.4%	3,9 M €	+14.4%	3,4 M €	+19.8%	2,9 M €	+39.5%	2,1 M €	+90.4%	1,1 M €
Total assets	29,1 M €	+1.9%	28,5 M €	-2.3%	29,2 M €	-1.6%	29,7 M €	+9.8%	27,1 M €	+15.6%	23,4 M €	+14.3%	20,5 M €	+24.1%	16,5 M €	+8.3%	15,2 M €	+12.3%	13,6 M €	+21.1%	11,2 M €	+11.7%	10 M €	+15.0%	8,7 M €	+12.9%	7,7 M €	+8.7%	7,1 M €	+7.1%	6,6 M €	+15.4%	5,7 M €	+9.9%	5,2 M €	+14.9%	4,5 M €	+19.6%	3,8 M €
Cash	3,2 M €	-45.7%	5,9 M €	+200%	2 M €	+377%	413,1 k €	-36.3%	648,8 k €	-70.5%	2,2 M €	+144%	900,5 k €	+27.6%	705,5 k €	+33.5%	528,5 k €	-7.3%	570,4 k €	+6.5%	535,8 k €	+187%	186,4 k €	+284%	48,5 k €	-48.3%	93,9 k €	-22.0%	120,3 k €	+469%	21,1 k €	-74.2%	82,1 k €	+6.5%	77,1 k €	-40.6%	129,8 k €	-11.5%	146,7 k €
Debts	4,1 M €	-17.0%	4,9 M €	-35.7%	7,7 M €	-12.1%	8,7 M €	+18.7%	7,4 M €	+13.1%	6,5 M €	+19.3%	5,5 M €	+72.0%	3,2 M €	+14.2%	2,8 M €	-0.3%	2,8 M €	+14.5%	2,4 M €	-13.2%	2,8 M €	+0.4%	2,8 M €	+14.6%	2,4 M €	-4.0%	2,5 M €	-5.3%	2,7 M €	+17.0%	2,3 M €	-2.2%	2,3 M €	-5.5%	2,5 M €	-5.5%	2,6 M €
Other
Workforce	137,4 ETP	-6.0%	146,2 ETP	-0.5%	147,0 ETP	+0.1%	146,8 ETP	+9.2%	134,4 ETP	-1.1%	135,9 ETP	-3.9%	141,4 ETP	+7.5%	131,5 ETP	+8.1%	121,6 ETP	+3.8%	117,1 ETP	-1.6%	119,0 ETP	-1.7%	121,0 ETP	+9.0%	111,0 ETP	+0.9%	110,0 ETP	+6.8%	103,0 ETP	+10.8%	93,0 ETP	+10.7%	84,0 ETP	-11.6%	95,0 ETP	+10.7%	85,8 ETP	+19.2%	72,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 28 ended

Active mandates

Delphy Sweertvaegher

Director · since 08 septembre 2025 · until 26 juin 2031

Active

Ellen Dewulf

Director · since 08 septembre 2025 · until 26 juin 2031

Active

Evelyne Wyckaert

Director · since 08 septembre 2025 · until 26 juin 2031

Active

LOZIE BART

Director · until 28 juin 2029 · 0695.747.247

Represented by Bart Lozie

Active

Luc Page

Managing director · until 28 juin 2029

Active

Mia Vereecke

Managing director · until 08 septembre 2025

Active

PAGE

Managing director · until 26 juin 2031 · 0876.421.526

Represented by Jan Maes

Active

Ended mandates

Luc Page

Managing director · since 28 décembre 2023 · until 28 juin 2029

Ended

LOZIE BART

Director · since 19 décembre 2023 · until 28 juin 2029 · 0695.747.247

Represented by Bart Lozie

Ended

Luc Page

Managing director · since 19 décembre 2023 · until 28 juin 2029

Ended

Mia Vereecke

Managing director · since 19 décembre 2023 · until 28 juin 2029

Ended

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	22/07/2026	18/07/2025	18/07/2024	11/04/2024	15/07/2022	14/07/2021
General meeting	25/06/2026	26/06/2025	27/06/2024	11/04/2024	31/05/2022	29/05/2021
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

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	25/06/2026	22/07/2026	Dutch	PDF
Full model	31/12/2024	26/06/2025	18/07/2025	Dutch	PDF
Full model	31/12/2023	27/06/2024	18/07/2024	Dutch	PDF
Full modelCorrection	31/12/2022	11/04/2024	11/04/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	20/07/2023	Dutch	PDF
Full model	31/12/2021	31/05/2022	15/07/2022	Dutch	PDF
Full model	31/12/2020	29/05/2021	14/07/2021	Dutch	PDF
Full model	31/12/2019	31/08/2020	08/09/2020	Dutch	PDF
Full model	31/12/2018	29/06/2019	18/07/2019	Dutch	PDF
Full modelCorrection	31/12/2017	26/05/2018	06/06/2019	Dutch	PDF
Full model	31/12/2017	26/05/2018	20/06/2018	Dutch	PDF
Full model	31/12/2016	27/05/2017	26/07/2017	Dutch	PDF
Full model	31/12/2015	28/05/2016	13/07/2016	Dutch	PDF
Full model	31/12/2014	30/05/2015	31/07/2015	Dutch	PDF
Full model	31/12/2013	31/05/2014	11/06/2014	Dutch	PDF
Full model	31/12/2012	25/05/2013	13/06/2013	Dutch	PDF
Full model	31/12/2011	26/05/2012	14/06/2012	Dutch	PDF
Full model	31/12/2010	28/05/2011	21/08/2011	Dutch	PDF
Full model	31/12/2009	29/05/2010	08/06/2010	Dutch	PDF
Full model	31/12/2008	30/05/2009	07/08/2009	Dutch	PDF
Full model	31/12/2007	31/05/2008	25/06/2008	Dutch	PDF
Abridged model	31/12/2006	04/05/2007	30/05/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 28 ended

Active mandates

Delphy Sweertvaegher

Director · since 08 septembre 2025 · until 26 juin 2031

Active

Ellen Dewulf

Director · since 08 septembre 2025 · until 26 juin 2031

Active

Evelyne Wyckaert

Director · since 08 septembre 2025 · until 26 juin 2031

Active

LOZIE BART

Director · until 28 juin 2029 · 0695.747.247

Represented by Bart Lozie

Active

Luc Page

Managing director · until 28 juin 2029

Active

Mia Vereecke

Managing director · until 08 septembre 2025

Active

PAGE

Managing director · until 26 juin 2031 · 0876.421.526

Represented by Jan Maes

Active

Ended mandates

Luc Page

Managing director · since 28 décembre 2023 · until 28 juin 2029

Ended

LOZIE BART

Director · since 19 décembre 2023 · until 28 juin 2029 · 0695.747.247

Represented by Bart Lozie

Ended

Luc Page

Managing director · since 19 décembre 2023 · until 28 juin 2029

Ended

Mia Vereecke

Managing director · since 19 décembre 2023 · until 28 juin 2029

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates24/11/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/01/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/10/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/06/2014
ONTSLAGEN - BENOEMINGEN
PDF
Other17/02/2014
DOEL
PDF
Capital / shares16/01/2014
KAPITAAL - AANDELEN
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 20252,1 M €↓
2024
Annual accounts 20242,6 M €↑
2023
Annual accounts 20232,6 M €↑
2022
Annual accounts 20221,9 M €↓
2021
Annual accounts 20213,3 M €↑
2020
Annual accounts 20202,4 M €↑
2019
Annual accounts 20192,1 M €↑
2018
Annual accounts 20181,2 M €↓
2017
Annual accounts 20171,8 M €↓
2016
Annual accounts 20162 M €↑
2015
Annual accounts 20151,5 M €↑
2014
Annual accounts 20141,3 M €↑
2013
Annual accounts 2013941,1 k €↑
2012
Annual accounts 2012719,2 k €↑
2011
Annual accounts 2011707 k €↑
2010
Annual accounts 2010546 k €↓
2009
Annual accounts 2009668,6 k €↓
2008
Annual accounts 2008916,2 k €↓
2007
Annual accounts 20071,1 M €↑
2006
Annual accounts 2006321,6 k €
30/04/1990
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

PAGE ELECTRONICA

Overview

What does PAGE ELECTRONICA do?

Trend over 20 financial years

Indicative valuation

Board of directors

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