ACTIVE

INDUSTRIEBOUW DE PELSMAEKER

Financial year 2025 · Closed on 30/09/2025

Net result968,4 k €-2,8 %over 1 year
Revenue25,2 M €-0,1 %over 1 year
Equity3,2 M €-35,7 %over 1 year
Workforce33,3 ETP-9,8 %over 1 year

Identity

Source · BCE/KBO

INDUSTRIEBOUW DE PELSMAEKER is a Public limited company incorporated in 1994. Its main activity is: Manufacture of engines and turbines, except aircraft, vehicle and cycle engines. Its registered office is in Westerlo. It employs on average 33,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0452.085.227
Incorporation
10/03/1994
Legal form
Public limited company
Registered office
Houtstraat 3
2260 Westerlo · FlandreSee on map
Contributed capital
125 000,01 €
Latest accounts
30/09/2025
Average workforce
33,3 ETP
Joint committees (4)
  • 111
  • 112
  • 124
  • 209
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue25,2 M €25,2 M €23,9 M €24,9 M €21,4 M €
EBITDA1,9 M €1,7 M €672,2 k €232,3 k €286 k €
Operating result1,3 M €1,2 M €286,4 k €-129 k €-68,8 k €
Net result968,4 k €996,1 k €327,8 k €20,8 k €42 k €
Balance sheet
Equity3,2 M €5 M €4 M €3,7 M €3,6 M €
Total assets13 M €12,6 M €10 M €9,8 M €10,1 M €
Cash3 M €2,5 M €1,7 M €2,1 M €2,4 M €
Debts9,8 M €7,6 M €6 M €6,1 M €6,4 M €
Other
Workforce33,3 ETP36,9 ETP40,7 ETP43,4 ETP43,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

3 active · 21 ended

Active mandates

TCL CONSTRUCT

Director · since 13 octobre 2025 · until 12 octobre 2031 · 0537.539.257

Represented by Tom Claesen

Active
VT Solide

Director · since 13 octobre 2025 · until 12 octobre 2031 · 0536.676.056

Represented by Jan Van Tricht

Active
Barer

Director · since 24 décembre 2024 · until 27 février 2030 · 0763.403.856

Represented by Guillaume De Pelsmaeker

Active

Ended mandates

Barer

Director · since 24 décembre 2024 · until 27 février 2030 · 0763.403.856

Represented by Guillaume DE PELSMAEKER

Ended
Ronald Jozef Willems

Director · since 31 mai 2023 · until 24 décembre 2024

Ended
Ronny Willems

Director · since 31 mai 2023 · until 27 février 2027

Ended
DE PELSMAEKER MANAGEMENT

Director · since 01 juin 2022 · until 01 juin 2028 · 0656.928.639

Represented by Guy DE PELSMAEKER

Ended

Other companies at this address

Houtstraat 3 2260 Westerlo
CompanyCBE no.
0480.157.225
DP&S Partners● Active
1039.449.723
IDP & CO● Active
0538.454.225
ONSIM● Active
0429.565.092

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/04/202614/04/202530/04/202428/03/202328/03/202230/03/2021
General meeting31/03/202627/03/202519/03/202422/03/202325/03/202219/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model30/09/202531/03/202628/04/2026DutchPDF
Full model30/09/202427/03/202514/04/2025DutchPDF
Full model30/09/202319/03/202430/04/2024DutchPDF
Full model30/09/202222/03/202328/03/2023DutchPDF
Full model30/09/202125/03/202228/03/2022DutchPDF
Full model30/09/202019/03/202130/03/2021DutchPDF
Full model30/09/201927/02/202009/03/2020DutchPDF
Full model30/09/201827/02/201914/03/2019DutchPDF
Full model30/09/201727/02/201823/03/2018DutchPDF
Full model30/09/201627/02/201701/03/2017DutchPDF
Full model30/09/201529/02/201624/03/2016DutchPDF
Full model30/09/201427/02/201527/03/2015DutchPDF
Full model30/09/201327/02/201411/03/2014DutchPDF
Full model30/09/201227/02/201307/03/2013DutchPDF
Full model30/09/201116/03/201230/04/2012DutchPDF
Full model30/09/201028/02/201122/03/2011DutchPDF
Full model30/09/200927/02/201025/03/2010DutchPDF
Full model30/09/200827/02/200925/03/2009DutchPDF
Full model30/09/200727/02/200828/08/2008DutchPDF
Full model30/09/200627/02/200722/03/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 30/09/2025

3 active · 21 ended

Active mandates

TCL CONSTRUCT

Director · since 13 octobre 2025 · until 12 octobre 2031 · 0537.539.257

Represented by Tom Claesen

Active
VT Solide

Director · since 13 octobre 2025 · until 12 octobre 2031 · 0536.676.056

Represented by Jan Van Tricht

Active
Barer

Director · since 24 décembre 2024 · until 27 février 2030 · 0763.403.856

Represented by Guillaume De Pelsmaeker

Active

Ended mandates

Barer

Director · since 24 décembre 2024 · until 27 février 2030 · 0763.403.856

Represented by Guillaume DE PELSMAEKER

Ended
Ronald Jozef Willems

Director · since 31 mai 2023 · until 24 décembre 2024

Ended
Ronny Willems

Director · since 31 mai 2023 · until 27 février 2027

Ended
DE PELSMAEKER MANAGEMENT

Director · since 01 juin 2022 · until 01 juin 2028 · 0656.928.639

Represented by Guy DE PELSMAEKER

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office09/09/2026
    VERPLAATSING ZETEL
    PDF
  • Mandates13/08/2026
    ONTSLAGEN, BENOEMINGEN
    PDF
  • Other06/07/2026
    —
    PDF
  • Other17/12/2025
    DIVERSEN
    PDF
  • Mandates22/10/2025
    DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF

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 2025968,4 k €↓
  2. 2024
    Annual accounts 2024996,1 k €↑
  3. 2023
    Annual accounts 2023327,8 k €↑
  4. 2022
    Annual accounts 202220,8 k €↓
  5. 2021
    Annual accounts 202142 k €↓
  6. 2020
    Annual accounts 2020288,8 k €↑
  7. 2019
    Annual accounts 2019214,1 k €↑
  8. 2018
    Annual accounts 2018165,1 k €↓
  9. 2017
    Annual accounts 2017204,2 k €↑
  10. 2016
    Annual accounts 201671,8 k €↑
  11. 2015
    Annual accounts 201545,4 k €↓
  12. 2013
    Annual accounts 2013184,3 k €↓
  13. 2012
    Annual accounts 2012895,1 k €↑
  14. 2011
    Annual accounts 2011318,3 k €↑
  15. 2010
    Annual accounts 2010267 k €↓
  16. 2009
    Annual accounts 2009861,2 k €↑
  17. 2008
    Annual accounts 2008383,2 k €↑
  18. 2007
    Annual accounts 2007363,6 k €
  19. 10/03/1994
    IncorporationPublic limited company