ACTIVE

PFW ENGINEERING

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Financial year 2026 · closed on 31/03/2026
Net result
165,3 k €
-17.6% YoY
Gross margin
883,3 k €
+0.2% YoY
Equity
452,6 k €
+13.9% YoY
Workforce
8,4 ETP
-15.2% YoY

What does PFW ENGINEERING do?

PFW ENGINEERING is a Private limited company incorporated in 2017. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Mouscron. It employs on average 8,4 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0680.657.116
Incorporation
01/09/2017
Legal form
Private limited company
Registered office
Chaussée de Luingne(H) 80/14
7712 Mouscron · WallonieSee on map
Contributed capital
18 600,00 €
Latest accounts
31/03/2026
Average workforce
8,4 ETP
Activities (NACE)
25110Manufacture of metal structures and parts of structures· main25110Manufacture of metal structures and parts of structures70200Management consultancy activities70220Business and other management consultancy activities71121Engineering activities and related technical consultancy71121Engineering activities and related technical consultancy
Joint committees (1)
  • 209
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20262025202420232022
Income statement
Gross margin883,3 k €881,7 k €796 k €696,4 k €401,8 k €
EBITDA244,9 k €284 k €258,2 k €241,9 k €139,1 k €
Operating result222,6 k €273,3 k €247,5 k €231,5 k €129,8 k €
Net result165,3 k €200,6 k €183,5 k €170 k €95,2 k €
Balance sheet
Equity452,6 k €397,3 k €326,7 k €263,1 k €206,2 k €
Total assets739,3 k €670,4 k €600,8 k €472,6 k €333,6 k €
Cash201,7 k €361,8 k €276,8 k €218,4 k €91 k €
Debts286,7 k €273,1 k €274,1 k €209,5 k €127,4 k €
Other
Workforce8,4 ETP9,9 ETP9,3 ETP8,0 ETP4,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2026 · 1 active · 2 ended

Active mandates

WALCA

Director · since 30 août 2017 · 0861.626.254

Represented by Walcarius Philippe

Active

Ended mandates

WALCA

Manager · since 30 août 2017 · 0861.626.254

Represented by Philippe Walcarius

Ended
WALCA

Director · since 30 août 2017 · 0861.626.254

Represented by Walcarius Philippe

Ended
Annual accounts

Full financial information

202620252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202501/04/202401/04/202301/04/202201/04/202101/04/2020
Closing of the financial year31/03/202631/03/202531/03/202431/03/202331/03/202231/03/2021
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date17/07/202615/10/202524/09/202425/07/202329/09/202214/10/2021
General meeting26/06/202629/09/202503/09/202430/06/202324/06/202225/06/2021
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202626/06/202617/07/2026FrenchPDF
Abridged model31/03/202529/09/202515/10/2025FrenchPDF
Abridged model31/03/202403/09/202424/09/2024FrenchPDF
Abridged model31/03/202330/06/202325/07/2023FrenchPDF
Abridged model31/03/202224/06/202229/09/2022FrenchPDF
Abridged model31/03/202125/06/202114/10/2021FrenchPDF
Abridged model31/03/202026/06/202018/09/2020FrenchPDF
Abridged model31/03/201928/06/201931/10/2019FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/03/2026 · 1 active · 2 ended

Active mandates

WALCA

Director · since 30 août 2017 · 0861.626.254

Represented by Walcarius Philippe

Active

Ended mandates

WALCA

Manager · since 30 août 2017 · 0861.626.254

Represented by Philippe Walcarius

Ended
WALCA

Director · since 30 août 2017 · 0861.626.254

Represented by Walcarius Philippe

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/02/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Other05/09/2017
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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. 2026
    Annual accounts 2026165,3 k €↓
  2. 2025
    Annual accounts 2025200,6 k €↑
  3. 2024
    Annual accounts 2024183,5 k €↑
  4. 2023
    Annual accounts 2023170 k €↑
  5. 2022
    Annual accounts 202295,2 k €
  6. 01/09/2017
    IncorporationPrivate limited company