ACTIVE

FERMAX BELGIUM

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Financial year 2025 · closed on 31/12/2025

Net result

591,7 k €

-35.1% YoY

Revenue

6,5 M €

+1.8% YoY

Equity

2,2 M €

-12.5% YoY

Workforce

19,9 ETP

0.0% YoY

What does FERMAX BELGIUM do?

FERMAX BELGIUM is a Public limited company incorporated in 1991. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Pajottegem. It employs on average 19,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0444.509.329

Incorporation

24/06/1991

Legal form

Public limited company

Registered office

Nieuwstraat 10
1570 Pajottegem · FlandreSee on map

Contributed capital

622 600,00 €

Latest accounts

31/12/2025

Average workforce

19,9 ETP

Activities (NACE)

46643Wholesale of machinery for the textile industry and of sewing and knitting machines· main 46693Wholesale of other machinery and equipment 51871Air transport 74131Specialised design activities 27900Manufacture of other electrical equipment 27900Manufacture of other electrical equipment+10

Joint committees (3)

14901
200
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	6,5 M €	+1.8%	6,4 M €	-3.7%	6,6 M €	+6.0%	6,2 M €	+2.7%	6,1 M €	+8.8%	5,6 M €	-5.5%	5,9 M €	+6.5%	5,5 M €	+2.0%	5,4 M €	+76.1%	3,1 M €	-10.8%	3,5 M €	+10.6%	3,1 M €	+1.6%	3,1 M €	-12.8%	3,5 M €	+28.8%	2,7 M €	+1.9%	2,7 M €	-5.7%	2,9 M €	+11.1%	2,6 M €	+0.6%	2,6 M €
EBITDA	857,4 k €	-27.5%	1,2 M €	+8.0%	1,1 M €	-2.8%	1,1 M €	-2.1%	1,2 M €	+2.4%	1,1 M €	+17.5%	955,9 k €	+46.1%	654,1 k €	+4.0%	628,9 k €	+563%	94,9 k €	-63.5%	259,8 k €	+23.8%	209,9 k €	+92.1%	109,3 k €	-48.4%	211,8 k €	+35.7%	156,1 k €	+36.5%	114,4 k €	-15.0%	134,6 k €	-19.8%	167,8 k €	+97.0%	85,2 k €
Operating result	756,8 k €	-32.5%	1,1 M €	+7.7%	1 M €	-3.6%	1,1 M €	+3.0%	1 M €	+0.4%	1 M €	+17.7%	887 k €	+65.6%	535,7 k €	-4.9%	563,1 k €	+1645%	32,3 k €	-81.3%	172,3 k €	+49.6%	115,2 k €	+741%	13,7 k €	-88.7%	121,1 k €	+17.0%	103,5 k €	+80.0%	57,5 k €	-42.8%	100,5 k €	+19.4%	84,1 k €	+2.1%	82,4 k €
Net result	591,7 k €	-35.1%	911,7 k €	+5.1%	867,2 k €	-2.1%	885,5 k €	+3.8%	853 k €	+0.6%	847,9 k €	+13.5%	747 k €	+100%	373,1 k €	+1.8%	366,5 k €	+1756%	-22,1 k €	-131%	71,4 k €	+17.2%	60,9 k €	+145%	-134,6 k €	-427%	41,2 k €	+2.9%	40 k €	+913%	4 k €	-88.4%	34,1 k €	+3.7%	32,9 k €	-6.1%	35 k €
Balance sheet
Equity	2,2 M €	-12.5%	2,5 M €	+0.5%	2,5 M €	-1.3%	2,5 M €	+11.0%	2,2 M €	+32.7%	1,7 M €	+23.5%	1,4 M €	+1.9%	1,3 M €	+38.4%	972,1 k €	+55.1%	626,7 k €	-3.4%	648,8 k €	+5.1%	617,4 k €	+3.6%	595,9 k €	-0.2%	597,3 k €	+6.9%	558,5 k €	+7.2%	520,8 k €	+0.3%	519,3 k €	+6.5%	487,6 k €	+6.7%	457,1 k €
Total assets	3,1 M €	-11.5%	3,5 M €	-9.7%	3,8 M €	+4.7%	3,7 M €	+9.7%	3,3 M €	-2.3%	3,4 M €	+15.3%	3 M €	+10.5%	2,7 M €	+1.4%	2,7 M €	+26.3%	2,1 M €	+2.4%	2 M €	-8.7%	2,2 M €	+5.2%	2,1 M €	+4.0%	2,1 M €	+45.8%	1,4 M €	+7.8%	1,3 M €	-7.9%	1,4 M €	+2.3%	1,4 M €	+23.7%	1,1 M €
Cash	802,8 k €	+28.8%	623,4 k €	-17.3%	754,2 k €	-33.3%	1,1 M €	+6.0%	1,1 M €	+6.9%	997,7 k €	+76.6%	564,9 k €	+805%	62,4 k €	-76.9%	269,6 k €	+333%	62,3 k €	+192%	21,3 k €	+1120%	1,7 k €	-96.2%	46,3 k €	+1.2%	45,8 k €	+121%	20,7 k €	+33.1%	15,6 k €	+845%	1,6 k €	-93.9%	26,9 k €	+278%	7,1 k €
Debts	830,2 k €	-15.8%	985,5 k €	-28.0%	1,4 M €	+17.8%	1,2 M €	+7.6%	1,1 M €	-36.8%	1,7 M €	+8.5%	1,6 M €	+19.4%	1,3 M €	-20.4%	1,7 M €	+13.2%	1,5 M €	+5.2%	1,4 M €	-14.0%	1,6 M €	+6.6%	1,5 M €	+5.2%	1,4 M €	+71.7%	840,9 k €	+8.0%	778,9 k €	-13.0%	895,1 k €	+0.0%	894,9 k €	+36.0%	658,2 k €
Other
Workforce	19,9 ETP	0.0%	19,9 ETP	-2.9%	20,5 ETP	+1.0%	20,3 ETP	-7.7%	22,0 ETP	+0.9%	21,8 ETP	-2.2%	22,3 ETP	-5.5%	23,6 ETP	+9.3%	21,6 ETP	+57.7%	13,7 ETP	+13.2%	12,1 ETP	+1.7%	11,9 ETP	-2.5%	12,2 ETP	-4.7%	12,8 ETP	+11.3%	11,5 ETP	-7.3%	12,4 ETP	-6.8%	13,3 ETP	+4.7%	12,7 ETP	+9.5%	11,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 29 ended

Active mandates

Fermax Electronica SAU

Director · until 07 mai 2029 · 0801.189.514

Represented by Jeremy Palacio Chavagnat

Active

Ended mandates

FERMAX ELECTRONICA SAU

Director · since 28 avril 2023 · until 07 mai 2029

Represented by Palacio CHAVAGNAT JEREMY

Ended

DAVA MANAGEMENT

Director · since 03 mai 2021 · until 03 mai 2027 · 0811.408.463

Represented by David Vaeremans

Ended

GRAN-PINI

Director · since 03 mai 2021 · until 28 avril 2023 · 0444.812.009

Represented by Piret JEAN-PIERRE

Ended

GRAN-PINI

Director · since 03 mai 2021 · until 03 mai 2027 · 0444.812.009

Represented by Jean-Pierre Piret

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	10/07/2026	09/07/2025	13/06/2024	13/07/2023	14/06/2022	21/05/2021
General meeting	30/06/2026	17/06/2025	10/06/2024	30/06/2023	02/05/2022	03/05/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	10/07/2026	Dutch	PDF
Full model	31/12/2024	17/06/2025	09/07/2025	Dutch	PDF
Full model	31/12/2023	10/06/2024	13/06/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	13/07/2023	Dutch	PDF
Full model	31/12/2021	02/05/2022	14/06/2022	Dutch	PDF
Full model	31/12/2020	03/05/2021	21/05/2021	Dutch	PDF
Full model	31/12/2019	04/05/2020	14/05/2020	Dutch	PDF
Full model	31/12/2018	06/05/2019	15/05/2019	Dutch	PDF
Full model	31/12/2017	07/05/2018	21/05/2018	Dutch	PDF
Full model	31/12/2016	02/05/2017	10/05/2017	Dutch	PDF
Abridged model	31/12/2015	02/05/2016	27/05/2016	Dutch	PDF
Abridged model	31/12/2014	09/05/2015	18/05/2015	Dutch	PDF
Abridged model	31/12/2013	05/05/2014	09/05/2014	Dutch	PDF
Abridged model	31/12/2012	06/05/2013	13/05/2013	Dutch	PDF
Abridged model	31/12/2011	07/05/2012	11/05/2012	Dutch	PDF
Abridged model	31/12/2010	02/05/2011	05/05/2011	Dutch	PDF
Abridged model	31/12/2009	03/05/2010	03/05/2010	Dutch	PDF
Abridged model	31/12/2008	04/05/2009	20/05/2009	Dutch	PDF
Abridged model	31/12/2007	05/05/2008	20/05/2008	Dutch	PDF
Abridged model	31/12/2006	07/05/2007	09/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 29 ended

Active mandates

Fermax Electronica SAU

Director · until 07 mai 2029 · 0801.189.514

Represented by Jeremy Palacio Chavagnat

Active

Ended mandates

FERMAX ELECTRONICA SAU

Director · since 28 avril 2023 · until 07 mai 2029

Represented by Palacio CHAVAGNAT JEREMY

Ended

DAVA MANAGEMENT

Director · since 03 mai 2021 · until 03 mai 2027 · 0811.408.463

Represented by David Vaeremans

Ended

GRAN-PINI

Director · since 03 mai 2021 · until 28 avril 2023 · 0444.812.009

Represented by Piret JEAN-PIERRE

Ended

GRAN-PINI

Director · since 03 mai 2021 · until 03 mai 2027 · 0444.812.009

Represented by Jean-Pierre Piret

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other03/09/2026
DIVERSEN
PDF
Mandates06/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/05/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/01/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/05/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/06/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/12/2016
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

2025
Annual accounts 2025591,7 k €↓
2024
Annual accounts 2024911,7 k €↑
2023
Annual accounts 2023867,2 k €↓
2022
Annual accounts 2022885,5 k €↑
2021
Annual accounts 2021853 k €↑
2020
Annual accounts 2020847,9 k €↑
2019
Annual accounts 2019747 k €↑
2018
Annual accounts 2018373,1 k €↑
2017
Annual accounts 2017366,5 k €↑
2017
Name changeFermax Belgium
2015
Annual accounts 2015-22,1 k €↓
2014
Annual accounts 201471,4 k €↑
2013
Annual accounts 201360,9 k €↑
2012
Annual accounts 2012-134,6 k €↓
2011
Annual accounts 201141,2 k €↑
2010
Annual accounts 201040 k €↑
2009
Annual accounts 20094 k €↓
2008
Annual accounts 200834,1 k €↑
2007
Annual accounts 200732,9 k €↓
2006
Annual accounts 200635 k €
2006
Name changeABYZ
24/06/1991
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

FERMAX BELGIUM

Overview

What does FERMAX BELGIUM do?

Trend over 19 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