ACTIVE

PELLETFACTORY

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Financial year 2025 · closed on 31/12/2025
Net result
-32,1 k €
-882.1% YoY
Gross margin
31,4 k €
-53.2% YoY
Equity
156,2 k €
-17.0% YoY
Workforce
1,1 ETP
0.0% YoY

What does PELLETFACTORY do?

PELLETFACTORY is a Private limited company incorporated in 2013. Its registered office is in Puurs-Sint-Amands. It employs on average 1,1 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0518.874.477
Incorporation
22/02/2013
Legal form
Private limited company
Registered office
Lichterstraat 75
2870 Puurs-Sint-Amands · FlandreSee on map
Contributed capital
299 832,00 €
Latest accounts
31/12/2025
Average workforce
1,1 ETP
Joint committees (4)
  • 100
  • 125
  • 200
  • 201
Signals
Solid equityLow riskGood liquidity
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120182017201620152014
Income statement
Gross margin31,4 k €67 k €74,9 k €245,6 k €163,1 k €37,2 k €111,9 k €93,9 k €25,8 k €-5,7 k €
EBITDA-19,2 k €18,3 k €25,5 k €203,5 k €142,2 k €26,7 k €78 k €57,4 k €-20,2 k €-64 k €
Operating result-28,8 k €8,1 k €5,9 k €179,8 k €118,8 k €377,9 €13,1 k €-19 k €-106,4 k €-208,4 k €
Net result-32,1 k €4,1 k €2,1 k €175,7 k €105,5 k €-10,2 k €7,2 k €-23,6 k €-124,6 k €-235,4 k €
Balance sheet
Equity156,2 k €188,3 k €184,2 k €182,1 k €6,4 k €-86,9 k €-76,7 k €-83,8 k €-60,2 k €64,4 k €
Total assets464,8 k €465,6 k €476,5 k €627,8 k €458,3 k €367,6 k €453,6 k €387,1 k €868,2 k €940,6 k €
Cash194,6 k €269,5 k €191 k €211,5 k €173,2 k €107,3 k €52,2 k €11,8 k €16 k €18,8 k €
Debts308,4 k €277,2 k €292,2 k €445,7 k €451,9 k €454,5 k €527,3 k €467,9 k €922,8 k €870,6 k €
Other
Workforce1,1 ETP1,1 ETP1,1 ETP1,1 ETP0,6 ETP–––1,0 ETP0,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Guy Vandenbussche

Director · since 26 février 2020

Active
Pascal Vandenbussche

Director · since 26 février 2020

Active

Ended mandates

GEUDENS

Manager · since 22 février 2013 · 0822.350.063

Ended
Isaak van Zessen

Manager · since 22 février 2013

Ended
Pascal Vandenbussche

Manager · since 22 février 2013

Ended
GEUDENS

Manager · 0822.350.063

Represented by KURT GEUDENS

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date01/06/202618/06/202503/07/202431/07/202307/07/202207/06/2021
General meeting29/05/202630/05/202531/05/202426/05/202327/05/202228/05/2021
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

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202529/05/202601/06/2026DutchPDF
Abridged model31/12/202430/05/202518/06/2025DutchPDF
Abridged model31/12/202331/05/202403/07/2024DutchPDF
Abridged model31/12/202226/05/202331/07/2023DutchPDF
Abridged model31/12/202127/05/202207/07/2022DutchPDF
Abridged model31/12/202028/05/202107/06/2021DutchPDF
Abridged model31/12/201929/05/202029/10/2020DutchPDF
Micro model31/12/201808/08/201930/09/2019DutchPDF
Micro model31/12/201731/08/201828/09/2018DutchPDF
Micro model31/12/201630/06/201728/07/2017DutchPDF
Abridged model31/12/201527/05/201630/08/2016DutchPDF
Abridged model31/12/201430/06/201531/08/2015DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Guy Vandenbussche

Director · since 26 février 2020

Active
Pascal Vandenbussche

Director · since 26 février 2020

Active

Ended mandates

GEUDENS

Manager · since 22 février 2013 · 0822.350.063

Ended
Isaak van Zessen

Manager · since 22 février 2013

Ended
Pascal Vandenbussche

Manager · since 22 février 2013

Ended
GEUDENS

Manager · 0822.350.063

Represented by KURT GEUDENS

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other05/03/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates11/12/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other22/11/2018
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates10/09/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office22/02/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates18/06/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/09/2013
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other07/03/2013
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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. 2025
    Annual accounts 2025-32,1 k €↓
  2. 2024
    Annual accounts 20244,1 k €↑
  3. 2023
    Annual accounts 20232,1 k €↓
  4. 2022
    Annual accounts 2022175,7 k €↑
  5. 2021
    Annual accounts 2021105,5 k €↑
  6. 2018
    Annual accounts 2018-10,2 k €↓
  7. 2017
    Annual accounts 20177,2 k €↑
  8. 2016
    Annual accounts 2016-23,6 k €↑
  9. 2015
    Annual accounts 2015-124,6 k €↑
  10. 2014
    Annual accounts 2014-235,4 k €
  11. 22/02/2013
    IncorporationPrivate limited company