ACTIVE

PGE

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Financial year 2024 · closed on 31/12/2024
Net result
181,4 k €
-52.5% YoY
Gross margin
1,2 M €
-9.3% YoY
Equity
2,3 M €
+8.6% YoY
Workforce
12,5 ETP
+25.0% YoY

What does PGE do?

PGE is a Private limited company incorporated in 2002. Its main activity is: Joinery installation. Its registered office is in Assenede. It employs on average 12,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0478.936.213
Incorporation
04/12/2002
Legal form
Private limited company
Registered office
Heremietstraat 10
9960 Assenede · FlandreSee on map
Contributed capital
19 000,00 €
Latest accounts
31/12/2024
Average workforce
12,5 ETP
Activities (NACE)
43320Joinery installation· main43320Joinery installation43343Painting and glazing43343Painting and glazing45421Sale, maintenance and repair of motorcycles and related parts and accessories41001Construction of buildings+12
Joint committees (2)
  • 124
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202420232022202120182017201620152014201320122011
Income statement
Gross margin1,2 M €1,3 M €1,8 M €1,6 M €935,7 k €638,9 k €343,9 k €351,9 k €202,1 k €113,2 k €281,5 k €256,6 k €
EBITDA273,9 k €586,7 k €1,2 M €893,7 k €494,3 k €307,9 k €77,8 k €48,8 k €44,2 k €38,1 k €61,9 k €48,5 k €
Operating result236,7 k €557,2 k €1,1 M €887,6 k €359,4 k €231,9 k €34,9 k €43,2 k €35,1 k €30,2 k €52,8 k €26 k €
Net result181,4 k €381,6 k €753,7 k €598,5 k €253,9 k €144,5 k €27,8 k €5,2 k €12,2 k €15,2 k €-13,7 k €13,6 k €
Balance sheet
Equity2,3 M €2,1 M €1,7 M €981,6 k €491,2 k €337,2 k €192,7 k €164,9 k €159,7 k €147,5 k €132,3 k €146 k €
Total assets2,4 M €2,3 M €2 M €1,4 M €776,9 k €609,8 k €244,6 k €274,3 k €457 k €311,5 k €382 k €422,6 k €
Cash453,2 k €369,7 k €838,5 k €757 k €268,4 k €166,3 k €40,8 k €6,9 k €25,3 k €10,9 k €3,3 k €178,2 €
Debts82,7 k €188,1 k €220,9 k €379,5 k €285,8 k €272,6 k €50,4 k €107,2 k €292,7 k €164 k €249,1 k €273,5 k €
Other
Workforce12,5 ETP10,0 ETP10,8 ETP12,5 ETP8,7 ETP––6,6 ETP3,5 ETP3,2 ETP6,6 ETP4,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 10 ended

Active mandates

DE MEULENAERE

Director · since 01 juillet 2017 · 0670.568.027

Represented by Philippe De Meulenaere

Active

Ended mandates

DE MEULENAERE

Director · since 07 juillet 2017 · 0670.568.027

Represented by Philippe De Meulenaere

Ended
DE MEULENAERE

Manager · since 07 juillet 2017 · 0670.568.027

Represented by Phlippe De Meulenaere

Ended
DE MEULENAERE

Manager · since 07 juillet 2017 · 0670.568.027

Represented by Philippe De Meulenaere

Ended
Helianthus Immo

Manager · since 07 juillet 2017 · 0832.571.190

Represented by Wim Pynaert

Ended
At this address

Other companies at this address

CompanyCBE no.
DE MEULENAERE● Active
0670.568.027
DMS-Windows● Active
0761.508.990
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/10/202521/08/202430/10/202331/08/202215/09/202110/11/2020
General meeting27/06/202528/06/202416/05/202317/05/202230/06/202109/11/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202427/06/202531/10/2025DutchPDF
Abridged model31/12/202328/06/202421/08/2024DutchPDF
Abridged model31/12/202216/05/202330/10/2023DutchPDF
Abridged model31/12/202117/05/202231/08/2022DutchPDF
Abridged model31/12/202030/06/202115/09/2021DutchPDF
Abridged model31/12/201909/11/202010/11/2020DutchPDF
Abridged model31/12/201816/04/201914/05/2019DutchPDF
Micro model31/12/201729/06/201826/07/2018DutchPDF
Micro model31/12/201604/06/201703/07/2017DutchPDF
Abridged model31/12/201531/07/201631/08/2016DutchPDF
Abridged model31/12/201431/07/201508/09/2015DutchPDF
Abridged model31/12/201320/05/201428/08/2014DutchPDF
Abridged model31/12/201221/05/201322/08/2013DutchPDF
Abridged model31/12/201115/05/201224/09/2012DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 31/12/2024 · 1 active · 10 ended

Active mandates

DE MEULENAERE

Director · since 01 juillet 2017 · 0670.568.027

Represented by Philippe De Meulenaere

Active

Ended mandates

DE MEULENAERE

Director · since 07 juillet 2017 · 0670.568.027

Represented by Philippe De Meulenaere

Ended
DE MEULENAERE

Manager · since 07 juillet 2017 · 0670.568.027

Represented by Phlippe De Meulenaere

Ended
DE MEULENAERE

Manager · since 07 juillet 2017 · 0670.568.027

Represented by Philippe De Meulenaere

Ended
Helianthus Immo

Manager · since 07 juillet 2017 · 0832.571.190

Represented by Wim Pynaert

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates17/01/2020
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office16/02/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates09/08/2017
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/07/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office13/04/2015
    BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates16/12/2014
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates11/04/2011
    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

Timeline

  1. 2024
    Annual accounts 2024181,4 k €↓
  2. 2023
    Annual accounts 2023381,6 k €↓
  3. 2022
    Annual accounts 2022753,7 k €↑
  4. 2021
    Annual accounts 2021598,5 k €↑
  5. 2018
    Annual accounts 2018253,9 k €↑
  6. 2017
    Annual accounts 2017144,5 k €↑
  7. 2016
    Annual accounts 201627,8 k €↑
  8. 2015
    Annual accounts 20155,2 k €↓
  9. 2014
    Annual accounts 201412,2 k €↓
  10. 2013
    Annual accounts 201315,2 k €↑
  11. 2012
    Annual accounts 2012-13,7 k €↓
  12. 2011
    Annual accounts 201113,6 k €
  13. 04/12/2002
    IncorporationPrivate limited company