PACAPIME
0442.338.311 · rovalta.com · 22/09/2026
ACTIVE
PACAPIME
Financial year 2025 · closed on 31/12/2025
Net result
1,4 M €
-32.9% YoY
Revenue
56,6 M €
+5.2% YoY
Equity
26,5 M €
+5.7% YoY
Workforce
125,6 ETP
+6.3% YoY
Overview
What does PACAPIME do?
PACAPIME is a Public limited company incorporated in 1990. Its registered office is in Halle. It employs on average 125,6 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0442.338.311
Incorporation
19/12/1990
Legal form
Public limited company
Registered office
Noorderstraat 1
1500 Halle · FlandreSee on map
1500 Halle · FlandreSee on map
Contributed capital
3 000 063,14 €
Latest accounts
31/12/2025
Average workforce
125,6 ETP
Joint committees (4)
- 136
- 1360
- 222
- 2220
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Available with a Rovalta subscriptionTry for 7 days
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 | 56,6 M € | +5.2% | 53,8 M € | -1.2% | 54,5 M € | -9.8% | 60,4 M € | +21.4% | 49,8 M € | +10.2% | 45,1 M € | -10.7% | 50,6 M € | -3.3% | 52,3 M € | +4.9% | 49,9 M € | +5.1% | 47,4 M € | +0.1% | 47,4 M € | -1.7% | 48,2 M € | +4.2% | 46,3 M € | -1.3% | 46,9 M € | -1.3% | 47,5 M € | +10.1% | 43,1 M € | +1.9% | 42,3 M € | -14.0% | 49,2 M € | -17.0% | 59,3 M € | +15.9% | 51,2 M € |
| EBITDA | 3,5 M € | -12.1% | 4 M € | -56.5% | 9,2 M € | +209% | 3 M € | -13.6% | 3,4 M € | -54.0% | 7,5 M € | +4.2% | 7,2 M € | +173% | 2,6 M € | +34.2% | 2 M € | -42.7% | 3,4 M € | +31.5% | 2,6 M € | -43.2% | 4,6 M € | +346% | 1 M € | -74.7% | 4 M € | +25.5% | 3,2 M € | +90.1% | 1,7 M € | -75.4% | 6,9 M € | -2.5% | 7,1 M € | +49.1% | 4,8 M € | -3.8% | 4,9 M € |
| Operating result | 1,2 M € | -42.8% | 2 M € | -71.1% | 7,1 M € | +868% | 731,6 k € | -39.0% | 1,2 M € | -76.2% | 5 M € | -1.0% | 5,1 M € | +444% | 936,6 k € | +714% | -152,6 k € | -114% | 1,1 M € | +94.2% | 550,3 k € | -78.2% | 2,5 M € | +310% | -1,2 M € | -191% | 1,3 M € | +170% | 489,3 k € | +140% | -1,2 M € | -127% | 4,5 M € | +6.6% | 4,2 M € | +206% | 1,4 M € | -42.8% | 2,4 M € |
| Net result | 1,4 M € | -32.9% | 2,1 M € | -62.3% | 5,6 M € | +516% | 909,8 k € | -31.2% | 1,3 M € | -67.5% | 4,1 M € | +5.3% | 3,9 M € | +265% | 1,1 M € | +250% | 303,2 k € | -74.1% | 1,2 M € | +4.5% | 1,1 M € | -63.2% | 3 M € | +2160% | -147,6 k € | -107% | 2,1 M € | +31.1% | 1,6 M € | +581% | -326,2 k € | -108% | 4,1 M € | -5.6% | 4,3 M € | +89.6% | 2,3 M € | -49.6% | 4,5 M € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 26,5 M € | +5.7% | 25,1 M € | +9.2% | 22,9 M € | -50.7% | 46,6 M € | -34.1% | 70,7 M € | +1.9% | 69,4 M € | +6.2% | 65,3 M € | +6.3% | 61,4 M € | +1.8% | 60,4 M € | +0.5% | 60,1 M € | +2.0% | 58,9 M € | +1.9% | 57,8 M € | +5.6% | 54,7 M € | -0.3% | 54,9 M € | +3.9% | 52,8 M € | +3.1% | 51,2 M € | -0.6% | 51,6 M € | +8.5% | 47,5 M € | +10.0% | 43,2 M € | +5.5% | 40,9 M € |
| Total assets | 40 M € | +7.0% | 37,4 M € | +3.3% | 36,2 M € | -38.3% | 58,7 M € | -25.1% | 78,4 M € | +6.9% | 73,3 M € | +3.3% | 70,9 M € | +8.1% | 65,7 M € | +1.0% | 65 M € | +0.4% | 64,7 M € | -4.0% | 67,4 M € | +8.5% | 62,1 M € | +4.2% | 59,6 M € | -2.4% | 61,1 M € | +3.9% | 58,8 M € | +2.1% | 57,6 M € | -5.1% | 60,7 M € | +12.9% | 53,8 M € | +3.6% | 51,9 M € | -3.8% | 53,9 M € |
| Cash | 3,1 M € | +98.1% | 1,5 M € | -58.7% | 3,7 M € | -13.1% | 4,3 M € | -2.6% | 4,4 M € | -39.2% | 7,2 M € | +115% | 3,4 M € | -13.1% | 3,9 M € | +16.9% | 3,3 M € | +4.6% | 3,2 M € | +5.9% | 3 M € | +5.8% | 2,8 M € | +26.1% | 2,2 M € | +9.5% | 2,1 M € | -38.6% | 3,3 M € | +40.2% | 2,4 M € | +42.7% | 1,7 M € | -22.0% | 2,1 M € | -28.5% | 3 M € | +21.2% | 2,5 M € |
| Debts | 12,9 M € | +9.0% | 11,9 M € | -6.7% | 12,7 M € | +7.7% | 11,8 M € | +65.4% | 7,1 M € | +97.7% | 3,6 M € | -30.0% | 5,2 M € | +35.0% | 3,8 M € | -1.2% | 3,9 M € | +0.8% | 3,8 M € | -50.8% | 7,8 M € | +104% | 3,8 M € | -13.2% | 4,4 M € | -2.6% | 4,5 M € | +1.5% | 4,4 M € | -5.1% | 4,7 M € | -37.5% | 7,5 M € | +72.1% | 4,3 M € | -36.4% | 6,8 M € | -38.7% | 11,1 M € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 125,6 ETP | +6.3% | 118,2 ETP | +9.1% | 108,3 ETP | -1.3% | 109,7 ETP | +0.8% | 108,8 ETP | -3.5% | 112,7 ETP | -3.3% | 116,6 ETP | +3.3% | 112,9 ETP | -6.1% | 120,2 ETP | -3.8% | 124,9 ETP | -3.4% | 129,3 ETP | -1.7% | 131,5 ETP | -2.1% | 134,3 ETP | -3.1% | 138,6 ETP | -5.0% | 145,9 ETP | -4.5% | 152,7 ETP | -2.9% | 157,2 ETP | -7.5% | 170,0 ETP | -9.8% | 188,4 ETP | -3.6% | 195,5 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 25 M€ and 50 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 6 active · 26 ended
Financials
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 | 29/06/2026 | 01/07/2025 | 15/07/2024 | 28/07/2023 | 15/07/2022 | 19/07/2021 |
| General meeting | 24/06/2026 | 20/06/2025 | 21/06/2024 | 30/06/2023 | 30/06/2022 | 22/06/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 24/06/2026 | 29/06/2026 | Dutch | |
| Full model | 31/12/2024 | 20/06/2025 | 01/07/2025 | Dutch | |
| Full model | 31/12/2023 | 21/06/2024 | 15/07/2024 | Dutch | |
| Full model | 31/12/2022 | 30/06/2023 | 28/07/2023 | Dutch | |
| Full model | 31/12/2021 | 30/06/2022 | 15/07/2022 | Dutch | |
| Full model | 31/12/2020 | 22/06/2021 | 19/07/2021 | Dutch | |
| Full model | 31/12/2019 | 06/07/2020 | 16/07/2020 | Dutch | |
| Full model | 31/12/2018 | 17/06/2019 | 28/06/2019 | Dutch | |
| Full model | 31/12/2017 | 18/06/2018 | 27/06/2018 | Dutch | |
| Full model | 31/12/2016 | 19/06/2017 | 03/07/2017 | Dutch | |
| Full model | 31/12/2015 | 20/06/2016 | 19/07/2016 | Dutch | |
| Full model | 31/12/2014 | 22/06/2015 | 22/06/2015 | Dutch | |
| Full model | 31/12/2013 | 16/06/2014 | 03/07/2014 | Dutch | |
| Full model | 31/12/2012 | 22/06/2013 | 15/07/2013 | Dutch | |
| Full model | 31/12/2011 | 29/06/2012 | 06/07/2012 | Dutch | |
| Full model | 31/12/2010 | 20/06/2011 | 07/07/2011 | Dutch | |
| Full model | 31/12/2009 | 21/06/2010 | 06/07/2010 | Dutch | |
| Full model | 31/12/2008 | 22/06/2009 | 10/08/2009 | Dutch | |
| Full model | 31/12/2007 | 09/06/2008 | 07/07/2008 | Dutch | |
| Full model | 31/12/2006 | 11/06/2007 | 20/06/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 6 active · 26 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates24/04/2026ONTSLAGEN - BENOEMINGEN
- Mandates14/07/2025ONTSLAGEN - BENOEMINGEN
- Mandates15/07/2024ONTSLAGEN - BENOEMINGEN
- Mandates18/03/2024ONTSLAGEN - BENOEMINGEN
- Mandates15/01/2024ONTSLAGEN - BENOEMINGEN
- Mandates15/09/2023ONTSLAGEN - BENOEMINGEN
- Mandates28/07/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
- Mandates03/06/2022ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 02/02/2026reconductionSusana Alejandro Balet — B-bestuurder
- 02/02/2026reconductionVennova — A-bestuurder
- 02/02/2026reconductionCathérine Pissens — A-bestuurder
- 02/02/2026reconductionLucie Pissens — A-bestuurder
- 02/02/2026nominationSternova — A-bestuurder
- 02/02/2026reconductionLAETI BV — directeur (CEO)
- 2025Annual accounts 20251,4 M €↓
- 20/06/2025nominationLucie Pissens — bestuurder
- 2024Annual accounts 20242,1 M €↓
- 21/06/2024nominationJo VANDEPUTTE — commissaris
- 22/01/2024nominationSusana Alejandro Balet — B-bestuurder
- 2023Annual accounts 20235,6 M €↑
- 19/07/2023nominationPaul Pissens — voorzitter van de raad van bestuur
- 18/07/2023nominationLAETI BV — directeur (persoon belast met dagelijks bestuur/CEO)
- 2022Annual accounts 2022909,8 k €↓
- 2021Annual accounts 20211,3 M €↓
- 2020Annual accounts 20204,1 M €↑
- 2019Annual accounts 20193,9 M €↑
- 2018Annual accounts 20181,1 M €↑
- 2017Annual accounts 2017303,2 k €↓
- 2016Annual accounts 20161,2 M €↑
- 2015Annual accounts 20151,1 M €↓
- 2014Annual accounts 20143 M €↑
- 2013Annual accounts 2013-147,6 k €↓
- 2012Annual accounts 20122,1 M €↑
- 2011Annual accounts 20111,6 M €↑
- 2010Annual accounts 2010-326,2 k €↓
- 2009Annual accounts 20094,1 M €↓
- 2008Annual accounts 20084,3 M €↑
- 2007Annual accounts 20072,3 M €↓
- 2006Annual accounts 20064,5 M €
- 19/12/1990IncorporationPublic limited company