ACTIVE

JFE Virton

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Financial year 2025 · closed on 31/03/2025

Net result

2,4 M €

+10.3% YoY

Revenue

290,3 M €

+0.9% YoY

Equity

87,4 M €

+2.8% YoY

Workforce

318,1 ETP

+1.8% YoY

What does JFE Virton do?

JFE Virton is a Private limited company incorporated in 2014. Its main activity is: Manufacture of plastic packing goods. Its registered office is in Virton. It employs on average 318,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0554.887.213

Incorporation

27/06/2014

Legal form

Private limited company

Registered office

Zoning-Artisanal, Latour SN
6761 Virton · Wallonie

Contributed capital

20 816 619,00 €

Latest accounts

31/03/2025

Average workforce

318,1 ETP

Activities (NACE)

22220Manufacture of plastic packing goods· main 22220Manufacture of plastic packing goods

Joint committees (2)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 9 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016
Income statement
Revenue	290,3 M €	+0.9%	287,6 M €	-22.8%	372,4 M €	-10.0%	413,9 M €	+31.2%	315,6 M €	-11.5%	356,6 M €	-1.1%	360,5 M €	+0.3%	359,3 M €	-53.0%	764,2 M €
EBITDA	12,6 M €	+148%	5,1 M €	-19.5%	6,3 M €	-76.5%	27 M €	+98.5%	13,6 M €	+86.0%	7,3 M €	-55.0%	16,2 M €	+1.4%	16 M €	-57.3%	37,5 M €
Operating result	2,8 M €	+85.2%	1,5 M €	-56.6%	3,5 M €	-85.3%	24,1 M €	+135%	10,3 M €	+309%	2,5 M €	-75.7%	10,3 M €	-1.5%	10,5 M €	-66.8%	31,5 M €
Net result	2,4 M €	+10.3%	2,2 M €	-20.3%	2,8 M €	-84.7%	18,1 M €	+157%	7 M €	+102%	3,5 M €	+1834%	179,3 k €	-97.4%	7 M €	-59.3%	17,1 M €
Balance sheet
Equity	87,4 M €	+2.8%	85 M €	+2.6%	82,9 M €	+3.4%	80,1 M €	+29.0%	62,1 M €	+26.9%	48,9 M €	+8.2%	45,2 M €	+0.4%	45 M €	+18.3%	38,1 M €
Total assets	179,2 M €	-14.1%	208,5 M €	+9.7%	190,1 M €	-8.8%	208,5 M €	+45.8%	143 M €	-6.6%	153,1 M €	-3.6%	158,8 M €	+7.2%	148,1 M €	+2.2%	144,9 M €
Cash	3 M €	+76.2%	1,7 M €	-79.4%	8,2 M €	-44.4%	14,8 M €	-52.7%	31,3 M €	+78.3%	17,6 M €	+44.1%	12,2 M €	+220%	3,8 M €	+28.5%	3 M €
Debts	88,5 M €	-26.2%	119,9 M €	+15.7%	103,6 M €	-16.6%	124,3 M €	+63.8%	75,9 M €	-21.0%	96,1 M €	-10.6%	107,5 M €	+11.1%	96,8 M €	-3.4%	100,1 M €
Other
Workforce	318,1 ETP	+1.8%	312,4 ETP	-1.5%	317,2 ETP	-2.2%	324,5 ETP	-1.8%	330,6 ETP	-8.1%	359,8 ETP	-2.7%	369,6 ETP	-3.0%	381,2 ETP	-3.6%	395,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2024 · 3 active · 8 ended

Active mandates

Nitin MAHESHWARI

Manager · since 19 septembre 2019

Active

Mirek TOKAJ

Manager · since 20 juin 2015

Active

Serge FRANCOIS

Manager · since 20 juin 2014

Active

Ended mandates

Rajesh KAZA

Manager · since 16 septembre 2015 · until 15 septembre 2016

Ended

Rajesh KAZA

Manager · since 16 septembre 2015

Ended

Scott Pierson VAN WINTER

Manager · since 16 septembre 2015 · until 21 novembre 2016

Ended

Scott Pierson VAN WINTER

Manager · since 16 septembre 2015

Ended

At this address

Other companies at this address

Company	CBE no.
Les Amis Cyclistes Gaumais ASBL● Active	0646.773.234
QASEM CONSTRUCTION● Active	0473.444.231

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/11/2025	14/10/2024	09/11/2023	29/12/2022	16/02/2022	29/12/2020
General meeting	07/11/2025	23/09/2024	23/10/2023	07/11/2022	23/09/2021	21/09/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

10 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/03/2025	07/11/2025	27/11/2025	French	PDF
Full model	31/03/2024	23/09/2024	14/10/2024	French	PDF
Full model	31/03/2023	23/10/2023	09/11/2023	French	PDF
Full model	31/03/2022	07/11/2022	29/12/2022	French	PDF
Full model	31/03/2021	23/09/2021	16/02/2022	French	PDF
Full model	31/03/2020	21/09/2020	29/12/2020	French	PDF
Full model	31/03/2019	19/09/2019	12/11/2019	French	PDF
Full model	31/03/2018	26/09/2018	19/11/2018	French	PDF
Full model	31/03/2017	28/09/2017	31/10/2017	French	PDF
Full model	31/03/2016	25/10/2016	13/12/2016	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 31/03/2024 · 3 active · 8 ended

Active mandates

Nitin MAHESHWARI

Manager · since 19 septembre 2019

Active

Mirek TOKAJ

Manager · since 20 juin 2015

Active

Serge FRANCOIS

Manager · since 20 juin 2014

Active

Ended mandates

Rajesh KAZA

Manager · since 16 septembre 2015 · until 15 septembre 2016

Ended

Rajesh KAZA

Manager · since 16 septembre 2015

Ended

Scott Pierson VAN WINTER

Manager · since 16 septembre 2015 · until 21 novembre 2016

Ended

Scott Pierson VAN WINTER

Manager · since 16 septembre 2015

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other18/02/2026
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates16/12/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates12/11/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates25/03/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates11/12/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates22/09/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION
PDF
Mandates11/07/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates01/02/2022
DEMISSIONS, NOMINATIONS
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

07/11/2025
reconductionChristophe HABETS — commissaire aux comptes
10/10/2025
nominationGilbert DAVIDS — administrateur
10/10/2025
nominationSudhir VIRMANI — administrateur
2025
Annual accounts 20252,4 M €↑
21/01/2025
nominationSomnath Saha — administrateur
04/11/2024
nominationPathey Jawaharlal Sudhakar — administrateur
2024
Annual accounts 20242,2 M €↓
22/05/2023
nominationBaker Tilly Belgium Bedrijfstevisoren BV — commissaire
2023
Annual accounts 20232,8 M €↓
2023
Name changeJFE Virton
2022
Annual accounts 202218,1 M €↑
2021
Annual accounts 20217 M €↑
2019
Annual accounts 20193,5 M €↑
2018
Annual accounts 2018179,3 k €↓
2017
Annual accounts 20177 M €↓
2016
Annual accounts 201617,1 M €
2016
Name changeJINDAL FILMS EUROPE VIRTON
27/06/2014
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

JFE Virton

Overview

What does JFE Virton do?

Trend over 9 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline