ACTIVE

JFE Virton

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Financial year 2025 · Closed on 31/03/2025

Net result2,4 M €+10,3 %over 1 year

Revenue290,3 M €+0,9 %over 1 year

Equity87,4 M €+2,8 %over 1 year

Workforce318,1 ETP+1,8 %over 1 year

Identity

Source · BCE/KBO

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

Financials

Source · NBB, 10 filings

Trend over 9 financial years

	2025		2024		2023		2022		2021
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 €
EBITDA	12,6 M €	+148%	5,1 M €	-19.5%	6,3 M €	-76.5%	27 M €	+98.5%	13,6 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 €
Net result	2,4 M €	+10.3%	2,2 M €	-20.3%	2,8 M €	-84.7%	18,1 M €	+157%	7 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 €
Total assets	179,2 M €	-14.1%	208,5 M €	+9.7%	190,1 M €	-8.8%	208,5 M €	+45.8%	143 M €
Cash	3 M €	+76.2%	1,7 M €	-79.4%	8,2 M €	-44.4%	14,8 M €	-52.7%	31,3 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 €
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

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/03/2024

3 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Nitin MAHESHWARI	Managersince 19/09/2019
Mirek TOKAJ	Managersince 20/05/2015
Serge FRANCOIS	Managersince 20/06/2014

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Rajesh KAZA	Manager16/09/2015 → 15/09/2016
Scott Pierson VAN WINTER	Manager16/09/2015 → 21/11/2016

Other companies at this address

Zoning-Artisanal, Latour SN 6761 Virton

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

Full financial information

Source · NBB

	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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 10 filings

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

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.

Board of directors

Source · NBB, accounts to 31/03/2024

3 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Nitin MAHESHWARI	Managersince 19/09/2019
Mirek TOKAJ	Managersince 20/05/2015
Serge FRANCOIS	Managersince 20/06/2014

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Rajesh KAZA	Manager16/09/2015 → 15/09/2016
Scott Pierson VAN WINTER	Manager16/09/2015 → 21/11/2016

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

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

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

Filings9 filings

Mandates

Nitin MAHESHWARI

Mirek TOKAJ

Serge FRANCOIS

Rajesh KAZA

Scott Pierson VAN WINTER

Paul GRIFFITH

Uttam GARODIA

Corinne HEITER

2014201520162017201820192020202120222023202420252026

JFE VirtonJINDAL FILMS EUROPE VIRTON

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Zoning-Artisanal, Latour SN, 6761 LatourCurrent		CBE
ZONING INDUSTRIEL DE LATOUR . bte ., 6761 Latour	accounts 2024	Accounts 2024 · 2024-00510901

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
JFE VirtonCurrent	accounts 2023 → 2025	Accounts 2025 · 2025-00575645
JINDAL FILMS EUROPE VIRTON	accounts 2016 → 2022	Accounts 2022 · 2023-20552742

Events

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 €
27/06/2014
IncorporationPrivate limited company

JFE Virton

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events