ACTIVE

2PG GROUP

Financial year 2025 · closed on 31/12/2025
Net result
460,7 k €
-29.7% YoY
Gross margin
4,4 M €
-16.0% YoY
Equity
10,9 M €
-23.0% YoY
Workforce
57,8 ETP
+0.9% YoY

What does 2PG GROUP do?

2PG GROUP is a Public limited company incorporated in 1990. Its main activity is: Cargo handling. Its registered office is in Kuurne. It employs on average 57,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0441.459.272
Incorporation
05/09/1990
Legal form
Public limited company
Registered office
Pieter Verhaeghestraat 20
8520 Kuurne · FlandreSee on map
Contributed capital
3 830 000,00 €
Latest accounts
31/12/2025
Average workforce
57,8 ETP
Joint committees (5)
  • 100
  • 149
  • 14904
  • 200
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212018201720162015201420132012201120102009200820072006
Income statement
Gross margin4,4 M €5,3 M €5,5 M €5,9 M €6,2 M €3,1 M €3,2 M €2,9 M €1,4 M €1,5 M €1,6 M €1,5 M €1,5 M €1,5 M €1,4 M €
EBITDA240,2 k €1,4 M €1,5 M €2,2 M €2,5 M €1,3 M €1,3 M €1,7 M €757,8 k €687 k €876,4 k €789,8 k €913 k €988,4 k €884,3 k €900,9 k €793,5 k €761,1 k €
Operating result-1,8 M €-108,8 k €50,3 k €654,6 k €764,1 k €969,5 k €996,8 k €1 M €332,1 k €253,4 k €441 k €344,8 k €515,8 k €564,4 k €424 k €538,9 k €391,2 k €398,1 k €
Net result460,7 k €655,2 k €1,9 M €4,7 M €420,5 k €809,2 k €655,6 k €605,3 k €17,7 k €33,6 k €116,3 k €120,1 k €262,4 k €256 k €127,7 k €83,6 k €61,1 k €133,2 k €
Balance sheet
Equity10,9 M €14,1 M €13,4 M €13,5 M €9,8 M €8 M €7,2 M €6,6 M €6 M €5,9 M €5,9 M €5,8 M €5,7 M €5,4 M €5,2 M €5 M €4,9 M €4,9 M €
Total assets43 M €43 M €43 M €44,6 M €33,2 M €17,8 M €16,6 M €16,5 M €13,4 M €13,1 M €13,5 M €13,2 M €13,7 M €13,1 M €13,3 M €13 M €12,3 M €12,4 M €
Cash1,9 M €1,5 M €1,5 M €3,1 M €404,6 k €4 k €5,7 k €606,3 k €5 k €8,7 k €8,1 k €15,7 k €12,5 k €34,6 k €6,9 k €3,3 k €5,6 k €1,1 k €
Debts32 M €28,7 M €29,3 M €30,9 M €23,2 M €9,4 M €9,1 M €9,7 M €7,4 M €7,2 M €7,4 M €7,3 M €7,9 M €7,6 M €8,1 M €7,9 M €7,3 M €7,4 M €
Other
Workforce57,8 ETP57,3 ETP58,7 ETP64,2 ETP64,3 ETP32,9 ETP35,0 ETP21,4 ETP9,5 ETP11,4 ETP10,9 ETP10,9 ETP10,7 ETP11,3 ETP11,8 ETP14,0 ETP13,5 ETP12,6 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 · 3 active · 33 ended

Active mandates

Eline Demeulemeester

Managing director · since 01 juillet 2025 · until 02 juin 2031

Active
Freddy Vanderbeke

Managing director · since 30 juin 2025 · until 02 juin 2031

Active
Jan Vanderbeke

Managing director · since 30 juin 2025 · until 02 juin 2031

Active

Ended mandates

VANJANCO

Director · since 01 janvier 2023 · until 30 juin 2025 · 0834.454.871

Represented by Demeulemeester ELINE

Ended
VANJANCO

Director · since 01 janvier 2023 · until 31 décembre 2028 · 0834.454.871

Represented by Demeulemeester ELINE

Ended
Fred Vanderbeke

Mandate · since 20 juin 2019 · until 02 juin 2025

Ended
Fred Vanderbeke

Managing director · since 20 juin 2019 · until 02 juin 2025

Ended
At this address

Other companies at this address

CompanyCBE no.
FERMODActive
0437.503.553
0644.501.454
Linum CharityActive
0537.393.163
LINUM EUROPEActive
0424.584.935
PLASTIBACActive
0422.488.745
PrihodaActive
0448.879.970
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
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 months12 months
Filing date31/08/202622/07/202526/07/202427/07/202327/06/202229/07/2021
General meeting31/07/202630/06/202528/06/202430/06/202307/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202531/07/202631/08/2026DutchPDF
Abridged model31/12/202430/06/202522/07/2025DutchPDF
Abridged model31/12/202328/06/202426/07/2024DutchPDF
Abridged model31/12/202230/06/202327/07/2023DutchPDF
Abridged model31/12/202107/06/202227/06/2022DutchPDF
Abridged model31/12/202030/06/202129/07/2021DutchPDF
Abridged model31/12/201930/06/202022/07/2020DutchPDF
Abridged model31/12/201824/06/201909/07/2019DutchPDF
Abridged model31/12/201704/06/201827/06/2018DutchPDF
Abridged model31/12/201627/06/201727/07/2017DutchPDF
Full model31/12/201526/07/201625/08/2016DutchPDF
Full model31/12/201401/06/201530/06/2015DutchPDF
Full model31/12/201302/06/201426/06/2014DutchPDF
Abridged model31/12/201203/06/201302/07/2013DutchPDF
Abridged model31/12/201104/06/201222/06/2012DutchPDF
Abridged model31/12/201006/06/201122/06/2011DutchPDF
Abridged model31/12/200907/06/201017/06/2010DutchPDF
Abridged model31/12/200802/06/200909/06/2009DutchPDF
Abridged model31/12/200702/06/200826/06/2008DutchPDF
Abridged model31/12/200604/06/200719/06/2007DutchPDF
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 · 3 active · 33 ended

Active mandates

Eline Demeulemeester

Managing director · since 01 juillet 2025 · until 02 juin 2031

Active
Freddy Vanderbeke

Managing director · since 30 juin 2025 · until 02 juin 2031

Active
Jan Vanderbeke

Managing director · since 30 juin 2025 · until 02 juin 2031

Active

Ended mandates

VANJANCO

Director · since 01 janvier 2023 · until 30 juin 2025 · 0834.454.871

Represented by Demeulemeester ELINE

Ended
VANJANCO

Director · since 01 janvier 2023 · until 31 décembre 2028 · 0834.454.871

Represented by Demeulemeester ELINE

Ended
Fred Vanderbeke

Mandate · since 20 juin 2019 · until 02 juin 2025

Ended
Fred Vanderbeke

Managing director · since 20 juin 2019 · until 02 juin 2025

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring17/09/2025
    BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring16/06/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Mandates15/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring16/11/2022
    DOEL - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring31/08/2022
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Registered office28/08/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates04/07/2019
    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

Timeline

  1. 2025
    Annual accounts 2025460,7 k €
  2. 2025
    Name change2pg Group
  3. 2024
    Annual accounts 2024655,2 k €
  4. 2023
    Annual accounts 20231,9 M €
  5. 2022
    Annual accounts 20224,7 M €
  6. 2021
    Annual accounts 2021420,5 k €
  7. 2018
    Annual accounts 2018809,2 k €
  8. 2017
    Annual accounts 2017655,6 k €
  9. 2016
    Annual accounts 2016605,3 k €
  10. 2015
    Annual accounts 201517,7 k €
  11. 2014
    Annual accounts 201433,6 k €
  12. 2013
    Annual accounts 2013116,3 k €
  13. 2012
    Annual accounts 2012120,1 k €
  14. 2011
    Annual accounts 2011262,4 k €
  15. 2010
    Annual accounts 2010256 k €
  16. 2009
    Annual accounts 2009127,7 k €
  17. 2008
    Annual accounts 200883,6 k €
  18. 2007
    Annual accounts 200761,1 k €
  19. 2006
    Annual accounts 2006133,2 k €
  20. 2006
    Name changeVanrooco
  21. 05/09/1990
    IncorporationPublic limited company