ACTIVE

PINOR INVEST

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Financial year 2025 · Closed on 30/09/2025

Net result
79,7 k €
+115,3 %over 1 year
Gross margin
208,6 k €
+3,8 %over 1 year
Equity
5,3 M €
+1,5 %over 1 year

Identity

Source · BCE/KBO

PINOR INVEST is a Public limited company incorporated in 1995. Its registered office is in Anzegem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0455.145.972
Incorporation
28/04/1995
Legal form
Public limited company
Registered office
Wortegemsesteenweg 9 box 2
8570 Anzegem · FlandreSee on map
Contributed capital
126 425,70 €
Latest accounts
30/09/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin208,6 k €201 k €200,3 k €175,7 k €140,3 k €
EBITDA197,2 k €143 k €146,4 k €126,8 k €92,6 k €
Operating result99,6 k €45,5 k €50,8 k €28 k €-6,3 k €
Net result79,7 k €37 k €187,6 k €17 k €8,6 k €
Balance sheet
Equity5,3 M €5,2 M €5,6 M €5,4 M €5,4 M €
Total assets7,2 M €7,5 M €7,7 M €7,6 M €5,8 M €
Cash141 k €251,6 k €288,4 k €301,1 k €1,5 M €
Debts1,8 M €2,2 M €2,1 M €2,2 M €395,4 k €
Other
Workforce–0,8 ETP0,8 ETP0,8 ETP0,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

2 active · 3 ended

Active mandates

Guy Norga

Director

Active
Pieter Norga

Director

Active

Ended mandates

Guy Norga

Director · until 14 décembre 2029

Ended
Guy Norga

Managing director

Ended
Pieter Norga

Director · until 14 décembre 2029

Ended

Other companies at this address

Wortegemsesteenweg 9 8570 Anzegem
CompanyCBE no.
B&G Invest● Active
0688.974.667
J. QUATANNENS en Co● Active
0429.373.666
QUANOR● Active
0473.883.602
QUATANNENS EN CO● Active
0427.456.927
QUATANNENS GROUP● Active
0728.772.876
Quatannens-Norga Verzekeringen● Active
0642.616.189
VARMETEC VOF● Active
0666.764.142
VOISINS● Active
0687.526.892

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date02/03/202627/02/202511/03/202414/03/202315/03/202206/05/2021
General meeting25/02/202626/02/202528/02/202422/02/202323/02/202224/02/2021
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
Abridged model30/09/202525/02/202602/03/2026DutchPDF
Abridged model30/09/202426/02/202527/02/2025DutchPDF
Abridged model30/09/202328/02/202411/03/2024DutchPDF
Abridged model30/09/202222/02/202314/03/2023DutchPDF
Abridged model30/09/202123/02/202215/03/2022DutchPDF
Abridged model30/09/202024/02/202106/05/2021DutchPDF
Abridged model30/09/201926/02/202017/03/2020DutchPDF
Abridged model30/09/201827/02/201926/03/2019DutchPDF
Abridged model30/09/201728/02/201822/03/2018DutchPDF
Abridged model30/09/201607/12/201612/12/2016DutchPDF
Abridged model30/09/201524/02/201616/03/2016DutchPDF
Abridged model30/09/201425/02/201513/03/2015DutchPDF
Abridged model30/09/201326/02/201429/04/2014DutchPDF
Abridged model30/09/201227/02/201321/03/2013DutchPDF
Abridged model30/09/201129/02/201201/03/2012DutchPDF
Abridged model30/09/201023/02/201108/03/2011DutchPDF
Abridged model30/09/200924/02/201002/03/2010DutchPDF
Abridged model30/09/200825/02/200901/03/2010DutchPDF
Abridged model30/09/200727/02/200820/03/2008DutchPDF
Abridged model30/09/200628/02/200726/03/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 30/09/2025

2 active · 3 ended

Active mandates

Guy Norga

Director

Active
Pieter Norga

Director

Active

Ended mandates

Guy Norga

Director · until 14 décembre 2029

Ended
Guy Norga

Managing director

Ended
Pieter Norga

Director · until 14 décembre 2029

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other25/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates07/04/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other23/09/2013
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates23/03/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/04/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/11/2005
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office13/10/2004
    MAATSCHAPPELIJKE ZETEL
    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 202579,7 k €↑
  2. 2024
    Annual accounts 202437 k €↓
  3. 2023
    Annual accounts 2023187,6 k €↑
  4. 2022
    Annual accounts 202217 k €↑
  5. 2021
    Annual accounts 20218,6 k €↓
  6. 2020
    Annual accounts 202027 k €↑
  7. 2019
    Annual accounts 2019-51,4 k €↓
  8. 2018
    Annual accounts 2018222,6 k €↓
  9. 2017
    Annual accounts 2017650,7 k €↑
  10. 2016
    Annual accounts 2016323,6 k €↓
  11. 2015
    Annual accounts 2015361,5 k €↓
  12. 2014
    Annual accounts 2014926,5 k €↑
  13. 2013
    Annual accounts 2013267,9 k €↓
  14. 2012
    Annual accounts 2012270,1 k €↓
  15. 2011
    Annual accounts 2011282 k €↓
  16. 2010
    Annual accounts 2010345,4 k €↑
  17. 2009
    Annual accounts 2009288,9 k €↓
  18. 2008
    Annual accounts 2008340,2 k €↑
  19. 2007
    Annual accounts 2007229,6 k €
  20. 28/04/1995
    IncorporationPublic limited company