ACTIVE

Penco

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Financial year 2025 · closed on 30/06/2025
Net result
-46 k €
-111.2% YoY
Gross margin
1,4 M €
-26.8% YoY
Equity
447,6 k €
-9.3% YoY
Workforce
16,2 ETP
+1.2% YoY

What does Penco do?

Penco is a Private limited company incorporated in 2016. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Duffel. It employs on average 16,2 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0648.852.103
Incorporation
22/02/2016
Legal form
Private limited company
Registered office
Walemstraat 82 B
2570 Duffel · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
30/06/2025
Average workforce
16,2 ETP
Activities (NACE)
71121Engineering activities and related technical consultancy· main71121Engineering activities and related technical consultancy33200Installation of industrial machinery and equipment33200Installation of industrial machinery and equipment62020Computer consultancy activities62200Computer programming, consultancy and related activities+6
Joint committees (2)
  • 111
  • 209
Signals
Positive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin1,4 M €1,9 M €1,7 M €2,2 M €2 M €1,9 M €2,1 M €1,2 M €1,1 M €
EBITDA105,6 k €664,4 k €573,2 k €1,2 M €696,9 k €762,4 k €1,1 M €260 k €250,1 k €
Operating result-1 k €571,6 k €498,2 k €1,2 M €642 k €706 k €1 M €161 k €109,8 k €
Net result-46 k €410,3 k €347,6 k €842,6 k €481 k €495,1 k €666,2 k €126,4 k €94,1 k €
Balance sheet
Equity447,6 k €493,6 k €83,3 k €185,7 k €693,1 k €800,3 k €305,3 k €226,7 k €100,3 k €
Total assets3,3 M €2,9 M €2,8 M €2,6 M €2,3 M €2,4 M €2,3 M €1,4 M €1,3 M €
Cash459,7 k €522,9 k €780,9 k €190,1 k €941,6 k €918,4 k €853,4 k €271,1 k €327,4 k €
Debts2,8 M €2,1 M €2,3 M €2,4 M €1,6 M €1,6 M €2 M €1,1 M €1,2 M €
Other
Workforce16,2 ETP16,0 ETP16,3 ETP15,9 ETP18,6 ETP17,6 ETP27,9 ETP15,1 ETP13,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 7 ended

Active mandates

Bart Martens

Director

Active
Wilfried Van De Weyer

Director

Active

Ended mandates

Bart Martens

Mandate

Ended
Bart Martens

Manager

Ended
René Van De Weyer

Manager

Ended
TriVica

Mandate · 0770.589.477

Represented by Tristan Bruggeman

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/01/202631/01/202519/12/202320/12/202204/01/202228/01/2021
General meeting15/12/202514/12/202414/12/202314/12/202214/12/202114/12/2020
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
Abridged model30/06/202515/12/202526/01/2026DutchPDF
Abridged model30/06/202414/12/202431/01/2025DutchPDF
Abridged model30/06/202314/12/202319/12/2023DutchPDF
Abridged model30/06/202214/12/202220/12/2022DutchPDF
Abridged model30/06/202114/12/202104/01/2022DutchPDF
Abridged model30/06/202014/12/202028/01/2021DutchPDF
Abridged model30/06/201914/12/201928/01/2020DutchPDF
Abridged model30/06/201814/12/201831/01/2019DutchPDF
Abridged model30/06/201714/12/201704/01/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 30/06/2025 · 2 active · 7 ended

Active mandates

Bart Martens

Director

Active
Wilfried Van De Weyer

Director

Active

Ended mandates

Bart Martens

Mandate

Ended
Bart Martens

Manager

Ended
René Van De Weyer

Manager

Ended
TriVica

Mandate · 0770.589.477

Represented by Tristan Bruggeman

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office24/07/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates22/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/09/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other24/02/2016
    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 2025-46 k €↓
  2. 2024
    Annual accounts 2024410,3 k €↑
  3. 2023
    Annual accounts 2023347,6 k €↓
  4. 2022
    Annual accounts 2022842,6 k €↑
  5. 2021
    Annual accounts 2021481 k €↓
  6. 2020
    Annual accounts 2020495,1 k €↓
  7. 2019
    Annual accounts 2019666,2 k €↑
  8. 2018
    Annual accounts 2018126,4 k €↑
  9. 2017
    Annual accounts 201794,1 k €
  10. 22/02/2016
    IncorporationPrivate limited company