ACTIVE

PAYWORLD BELGIUM

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result1,6 M €+31,0 %over 1 year
Gross margin5 M €+46,8 %over 1 year
Equity3,2 M €+45,5 %over 1 year
Workforce18,8 ETP+38,2 %over 1 year

Identity

Source · BCE/KBO

PAYWORLD BELGIUM is a Private limited company incorporated in 2012. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Merelbeke-Melle. It employs on average 18,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0508.605.840
Incorporation
20/12/2012
Legal form
Private limited company
Registered office
Burg. Maenhautstraat 44 box F
9820 Merelbeke-Melle · FlandreSee on map
Contributed capital
149 815,79 €
Latest accounts
31/12/2025
Average workforce
18,8 ETP
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 12 filings

Trend over 12 financial years

20252024202320222021
Income statement
Gross margin5 M €3,4 M €4,2 M €1,8 M €1,2 M €
EBITDA2,8 M €2,2 M €3,1 M €1,1 M €690,3 k €
Operating result2,2 M €1,7 M €2,7 M €718,5 k €449,4 k €
Net result1,6 M €1,2 M €2,3 M €508,6 k €278,6 k €
Balance sheet
Equity3,2 M €2,2 M €2,9 M €5,8 M €5,4 M €
Total assets4 M €3,4 M €4 M €6,8 M €6,3 M €
Cash492 k €732,4 k €334,7 k €184,8 k €130,1 k €
Debts833,2 k €1,2 M €1 M €995,7 k €823,4 k €
Other
Workforce18,8 ETP13,6 ETP12,1 ETP9,2 ETP6,4 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 31/12/2025

3 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Emmy Volckaert
Directoruntil 29/09/2025Manager18/12/2012 → 2014 accountsendedAdministrator - manager2024 accountsended
Peter Becaus
DirectorManager18/12/2012 → 2014 accountsendedAdministrator - manager2024 accountsended
Ben Cauwelier
DirectorPersoon belast met dagelijks bestuur2024 accountsended

Other companies at this address

Burg. Maenhautstraat 44 9820 Merelbeke-Melle
CompanyCBE no.
AAS-INVEST● Active
0546.696.948
GO POP● Active
0546.865.709
VACCOUNT● Active
0745.387.095
Vlaams Agrarisch Centrum● Active
0427.510.870

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year31/12/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year15 months12 months12 months12 months12 months12 months
Filing date29/05/202610/02/202531/01/202425/01/202315/02/202228/01/2021
General meeting07/05/202615/01/202520/01/202414/01/202322/01/202221/01/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 12 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202507/05/202629/05/2026DutchPDF
Abridged model30/09/202415/01/202510/02/2025DutchPDF
Abridged model30/09/202320/01/202431/01/2024DutchPDF
Abridged model30/09/202214/01/202325/01/2023DutchPDF
Abridged model30/09/202122/01/202215/02/2022DutchPDF
Micro model30/09/202021/01/202128/01/2021DutchPDF
Micro model30/09/201921/03/202010/04/2020DutchPDF
Micro model30/09/201816/11/201813/12/2018DutchPDF
Micro model30/09/201717/03/201829/03/2018DutchPDF
Abridged model30/09/201618/03/201722/03/2017DutchPDF
Abridged model30/09/201519/03/201607/04/2016DutchPDF
Abridged model30/09/201421/03/201510/04/2015DutchPDF

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 31/12/2025

3 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Emmy Volckaert
Directoruntil 29/09/2025Manager18/12/2012 → 2014 accountsendedAdministrator - manager2024 accountsended
Peter Becaus
DirectorManager18/12/2012 → 2014 accountsendedAdministrator - manager2024 accountsended
Ben Cauwelier
DirectorPersoon belast met dagelijks bestuur2024 accountsended

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates06/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/10/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Registered office15/04/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Restructuring25/10/2024
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring26/08/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring25/07/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring28/05/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates22/12/2023
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings12 filings
Mandates
Ben CAUWELIER
Peter BECAUS
Emmy VOLCKAERT
201220132014201520162017201820192020202120222023202420252026
PAYWORLD BELGIUM
Burg. Maenhautstraat 44 bte F, 9820 Merelbeke-Melle
Director
DirectorManager
DirectorManager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Burg. Maenhautstraat 44 bte F, 9820 Merelbeke-MelleCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00125977

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
PAYWORLD BELGIUMCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00125977

Events

  1. 2025
    Annual accounts 20251,6 M €↑
  2. 2024
    Annual accounts 20241,2 M €↓
  3. 2023
    Annual accounts 20232,3 M €↑
  4. 2022
    Annual accounts 2022508,6 k €↑
  5. 2021
    Annual accounts 2021278,6 k €↑
  6. 2020
    Annual accounts 2020132,7 k €↑
  7. 2019
    Annual accounts 201915 k €↑
  8. 2018
    Annual accounts 201813 k €↑
  9. 2017
    Annual accounts 20177 k €↓
  10. 2016
    Annual accounts 201624 k €↑
  11. 2015
    Annual accounts 201519,6 k €↓
  12. 2014
    Annual accounts 201484,7 k €
  13. 20/12/2012
    IncorporationPrivate limited company