ACTIVE

Mitsubishi Chemical Advanced Materials

Financial year 2026 · Closed on 31/03/2026

Net result1,3 M €+127,1 %over 1 year
Revenue179,5 M €+4,4 %over 1 year
Equity23,3 M €+6,0 %over 1 year
Workforce413,4 ETP+0,7 %over 1 year

Identity

Source · BCE/KBO

Mitsubishi Chemical Advanced Materials is a Public limited company incorporated in 2001. Its main activity is: Manufacture of plastic products. Its registered office is in Tielt. It employs on average 413,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0474.196.376
Incorporation
27/02/2001
Legal form
Public limited company
Registered office
Galgenveldstraat 12
8700 Tielt · FlandreSee on map
Contributed capital
6 654 600,00 €
Latest accounts
31/03/2026
Average workforce
413,4 ETP
Joint committees (2)
  • 116
  • 207
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 16 financial years

20262025202420232019
Income statement
Revenue179,5 M €171,9 M €162,7 M €212,3 M €137,3 M €
EBITDA8,8 M €2,9 M €-1,7 M €17,6 M €6,7 M €
Operating result2,6 M €-3,1 M €-7,7 M €11,7 M €6 M €
Net result1,3 M €-4,9 M €-8,6 M €7,7 M €6,6 M €
Balance sheet
Equity23,3 M €22 M €26,9 M €35,5 M €24 M €
Total assets93,8 M €94,2 M €88,4 M €106,6 M €73,2 M €
Cash793,4 k €4,2 M €4,6 M €961,8 k €10,1 M €
Debts70,3 M €72,1 M €61,2 M €70,9 M €49,2 M €
Other
Workforce413,4 ETP410,6 ETP409,1 ETP404,7 ETP79,2 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 31/03/2026

3 active · 45 ended

Active mandates

Detlef Artmeyer

Director · since 26 mars 2025

Active
Bram Cools

Director · since 01 novembre 2023 · until 22 mai 2026

Active
Sabine Degryse

Director · since 01 novembre 2023 · until 26 juin 2026

Active

Ended mandates

Bram Cools

Director · since 01 novembre 2023 · until 28 août 2026

Ended
Sabine Degryse

Director · since 01 novembre 2023 · until 28 août 2026

Ended
Stefan Willing

Director · since 01 novembre 2023 · until 26 mars 2025

Ended
Stefan Willing

Director · since 01 novembre 2023 · until 28 août 2026

Ended

Full financial information

Source · NBB
202620252024202320222021
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/04/202501/04/202401/04/202301/04/202201/04/202101/04/2020
Closing of the financial year31/03/202631/03/202531/03/202431/03/202331/03/202231/03/2021
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/07/202615/07/202518/07/202420/07/202319/07/202215/07/2021
General meeting26/06/202627/06/202528/06/202430/06/202324/06/202225/06/2021
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 model31/03/202626/06/202616/07/2026DutchPDF
Full model31/03/202527/06/202515/07/2025DutchPDF
Full model31/03/202428/06/202418/07/2024DutchPDF
Full model31/03/202330/06/202320/07/2023DutchPDF
Full model31/03/202224/06/202219/07/2022DutchPDF
Full model31/03/202125/06/202115/07/2021DutchPDF
Full model31/03/202029/06/202016/07/2020DutchPDF
Full model31/03/201928/06/201918/07/2019DutchPDF
Full model31/03/201829/06/201813/07/2018DutchPDF
Full model31/03/201725/08/201705/09/2017DutchPDF
Full model31/03/201626/08/201626/09/2016DutchPDF
Full model31/12/201417/04/201505/05/2015DutchPDF
Full model31/12/201318/04/201415/05/2014DutchPDF
Full model31/12/201219/04/201314/06/2013DutchPDF
Full model31/12/201120/04/201215/05/2012DutchPDF
Full model31/12/201016/05/201117/05/2011DutchPDF
Full model31/12/200917/05/201020/05/2010DutchPDF
Full model31/12/200817/04/200910/06/2009DutchPDF
Full model31/12/200718/04/200819/05/2008DutchPDF
Full model31/12/200615/05/200721/06/2007DutchPDF

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 31/03/2026

3 active · 45 ended

Active mandates

Detlef Artmeyer

Director · since 26 mars 2025

Active
Bram Cools

Director · since 01 novembre 2023 · until 22 mai 2026

Active
Sabine Degryse

Director · since 01 novembre 2023 · until 26 juin 2026

Active

Ended mandates

Bram Cools

Director · since 01 novembre 2023 · until 28 août 2026

Ended
Sabine Degryse

Director · since 01 novembre 2023 · until 28 août 2026

Ended
Stefan Willing

Director · since 01 novembre 2023 · until 26 mars 2025

Ended
Stefan Willing

Director · since 01 novembre 2023 · until 28 août 2026

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates28/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/12/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/11/2022
    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. 2026
    Annual accounts 20261,3 M €↑
  2. 12/03/2026
    nominationBram CAPELLE — Area Sales Manager Benelux Key Account and Sales Manager ES&S
  3. 12/03/2026
    nominationMarco TORRI — General Manager MCAM Italy and Commercial Director EMEA
  4. 12/03/2026
    nominationLiesbeth Despeghel — bijzondere lasthebber
  5. 27/06/2025
    reconductionEY Bedrijfsrevisoren BV — commissaris
  6. 2025
    Annual accounts 2025-4,9 M €↑
  7. 26/03/2025
    nominationDetlef Artmeyer — bestuurder
  8. 2024
    Annual accounts 2024-8,6 M €↓
  9. 01/11/2023
    reconductionSabine DEGRYSE — bestuurder
  10. 01/11/2023
    reconductionStefan WILLING — bestuurder
  11. 01/11/2023
    nominationBram COOLS — bestuurder
  12. 01/11/2023
    nominationIvan MEERSMAN — gevolmachtigde (dagelijks bestuur)
  13. 01/11/2023
    nominationDetlef ARTMEYER — gevolmachtigde (dagelijks bestuur)
  14. 01/11/2023
    nominationLiesbeth DESPEGHEL — gevolmachtigde (dagelijks bestuur)
  15. 2023
    Annual accounts 20237,7 M €↑
  16. 27/01/2023
    reconductionEY Bedrijfsrevisoren BV — commissaris
  17. 2023
    Name changeMCAM
  18. 29/09/2022
    nominationBram Cools — Site Operations Director Tielt (bevoegdheden van dagelijks bestuur)
  19. 29/09/2022
    nominationStefaan Vanloo — Finance Manager Belgium (bevoegdheden van dagelijks bestuur)
  20. 24/06/2022
    reconductionSabine Degryse — bestuurder
  21. 24/06/2022
    reconductionStefan Willing — bestuurder
  22. 24/06/2022
    reconductionGraham York — bestuurder
  23. 2019
    Annual accounts 20196,6 M €↓
  24. 2019
    Name changeMitsubishi Chemical Advanced Materials
  25. 2018
    Annual accounts 20188,1 M €↑
  26. 2017
    Annual accounts 20172,2 M €↓
  27. 2017
    Name changeQUADRANT EPP EUROPE
  28. 2014
    Annual accounts 20145,8 M €↑
  29. 2013
    Annual accounts 2013-145,9 k €↓
  30. 2012
    Annual accounts 2012-4,3 k €↑
  31. 2011
    Annual accounts 2011-64,1 k €↓
  32. 2010
    Annual accounts 201029,3 k €↑
  33. 2009
    Annual accounts 2009-353,2 k €↓
  34. 2008
    Annual accounts 2008284,1 k €↑
  35. 2007
    Annual accounts 2007192,6 k €↑
  36. 2006
    Annual accounts 2006-697,7 k €
  37. 2006
    Name changeQUADRANT HOLDING BELGIUM
  38. 27/02/2001
    IncorporationPublic limited company