NORMAL SITUATION

PAJOPOWER

Financial year 2023 · closed on 31/12/2023
Net result
39,4 k €
+19.9% YoY
Gross margin
97 k €
+23.6% YoY
Equity
730,4 k €
+27.4% YoY

Company — Normal situation.

What does PAJOPOWER do?

PAJOPOWER is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0561.746.992
Legal form
Cooperative society
Contributed capital
586 350,00 €
Latest accounts
31/12/2023
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202320222021202020192018201720162015
Income statement
Gross margin97 k €78,5 k €38,8 k €4,2 k €10,5 k €-1,4 k €-1,9 k €-1,6 k €-1,2 k €
EBITDA96,6 k €78,2 k €24 k €2,3 k €-2,4 k €-1,4 k €-1,9 k €-1,8 k €-1,2 k €
Operating result37 k €38,6 k €7,9 k €-2,4 k €-2,7 k €-1,4 k €-1,9 k €-1,8 k €-1,2 k €
Net result39,4 k €32,9 k €9,4 k €5,3 k €4,7 k €7 k €1,2 k €-1,9 k €-1,2 k €
Balance sheet
Equity730,4 k €573,3 k €484,5 k €383,8 k €256 k €151,1 k €112,7 k €50,6 k €2,2 k €
Total assets1,2 M €918,3 k €803,8 k €504,9 k €386,5 k €303,6 k €285,2 k €52,9 k €4,3 k €
Cash305 k €226,3 k €200,8 k €130,2 k €118,8 k €98,4 k €68,2 k €52,6 k €4,2 k €
Debts506,1 k €338,6 k €312,7 k €106,4 k €130,1 k €152,4 k €172,5 k €2,3 k €2,1 k €
Governance

Board of directors

Seen on filing of 31/12/2023 · 6 active · 19 ended

Active mandates

Johan Bellemans

Director · since 08 septembre 2020 · until 08 septembre 2023

Active
Johnny Van Bavegem

Director · since 09 mai 2018 · until 08 septembre 2023

Active
Wim De Turck

Director · since 09 mai 2018 · until 08 septembre 2023

Active
Wim Vereeken

Director · since 04 mai 2015 · until 08 septembre 2023

Active
Sigrid De Temmerman

Director · since 01 octobre 2014 · until 08 septembre 2023

Active
Noël Sissau

Vice-chairman of the board of directors · since 03 septembre 2014 · until 08 septembre 2023

Active

Ended mandates

Johnny Van Bavegem

Director · since 09 mai 2018 · until 09 mai 2021

Ended
Wim De Turck

Director · since 09 mai 2018 · until 09 mai 2021

Ended
Patrick Swyngedouw

Chairman of the board of directors · since 04 février 2016 · until 08 mai 2019

Ended
Patrick Swyngedouw

Chairman of the board of directors · since 04 février 2016 · until 09 mai 2021

Ended
Annual accounts

Full financial information

202320222021202020192018
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/08/202401/09/202325/08/202220/08/202130/09/202026/07/2019
General meeting08/05/202410/05/202311/05/202212/05/202108/09/202008/05/2019
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202308/05/202430/08/2024DutchPDF
Micro model31/12/202210/05/202301/09/2023DutchPDF
Micro model31/12/202111/05/202225/08/2022DutchPDF
Micro model31/12/202012/05/202120/08/2021DutchPDF
Micro model31/12/201908/09/202030/09/2020DutchPDF
Micro model31/12/201808/05/201926/07/2019DutchPDF
Micro model31/12/201709/05/201831/07/2018DutchPDF
Micro model31/12/201610/05/201724/05/2017DutchPDF
Abridged model31/12/201511/06/201624/08/2016DutchPDF
Estimate

Indicative valuation

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 31/12/2023 · 6 active · 19 ended

Active mandates

Johan Bellemans

Director · since 08 septembre 2020 · until 08 septembre 2023

Active
Johnny Van Bavegem

Director · since 09 mai 2018 · until 08 septembre 2023

Active
Wim De Turck

Director · since 09 mai 2018 · until 08 septembre 2023

Active
Wim Vereeken

Director · since 04 mai 2015 · until 08 septembre 2023

Active
Sigrid De Temmerman

Director · since 01 octobre 2014 · until 08 septembre 2023

Active
Noël Sissau

Vice-chairman of the board of directors · since 03 septembre 2014 · until 08 septembre 2023

Active

Ended mandates

Johnny Van Bavegem

Director · since 09 mai 2018 · until 09 mai 2021

Ended
Wim De Turck

Director · since 09 mai 2018 · until 09 mai 2021

Ended
Patrick Swyngedouw

Chairman of the board of directors · since 04 février 2016 · until 08 mai 2019

Ended
Patrick Swyngedouw

Chairman of the board of directors · since 04 février 2016 · until 09 mai 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution08/01/2025
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring17/10/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates16/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other23/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    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. 2023
    Annual accounts 202339,4 k €
  2. 2022
    Annual accounts 202232,9 k €
  3. 2021
    Annual accounts 20219,4 k €
  4. 2020
    Annual accounts 20205,3 k €
  5. 2019
    Annual accounts 20194,7 k €
  6. 2018
    Annual accounts 20187 k €
  7. 2017
    Annual accounts 20171,2 k €
  8. 2016
    Annual accounts 2016-1,9 k €
  9. 2015
    Annual accounts 2015-1,2 k €