ACTIVE

PITTWAY

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Financial year 2025 · Closed on 31/12/2025

Net result589,4 k €-3,1 %over 1 year

Gross margin2,9 M €+16,9 %over 1 year

Equity5 M €+13,4 %over 1 year

Workforce11,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

PITTWAY is a Private limited company incorporated in 2018. Its main activity is: Wholesale of information and communication equipment. Its registered office is in Machelen (Brab.). It employs on average 11,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0695.418.635
Incorporation: 24/04/2018
Legal form: Private limited company
Registered office: Hermeslaan 1H
1831 Machelen (Brab.) · FlandreSee on map
Contributed capital: 93 035,46 €
Latest accounts: 31/12/2025
Average workforce: 11,0 ETP

Activities (NACE)

46500Wholesale of information and communication equipment· main 46510Wholesale of computers, computer peripheral equipment and software 46643Wholesale of machinery for the textile industry and of sewing and knitting machines 46693Wholesale of other machinery and equipment 46647Wholesale of machinery for the textile industry and of sewing and knitting machines 46697Wholesale of other machinery and equipment

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 7 filings

Trend over 6 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	2,9 M €	+16.9%	2,5 M €		–		–		–
EBITDA	610 k €	-0.2%	611,3 k €	-7.3%	659,4 k €	-21.7%	841,8 k €	-15.7%	998,6 k €
Operating result	610 k €	-0.2%	611,3 k €	-5.4%	646 k €	-23.4%	843,8 k €	-13.6%	976,9 k €
Net result	589,4 k €	-3.1%	608,3 k €	+5.1%	579 k €	+6.1%	545,6 k €	+2.3%	533,5 k €
Balance sheet
Equity	5 M €	+13.4%	4,4 M €	+16.1%	3,8 M €	+18.1%	3,2 M €	+20.5%	2,7 M €
Total assets	5,9 M €	+8.8%	5,4 M €	+21.1%	4,4 M €	+11.3%	4 M €	-36.1%	6,3 M €
Debts	874,9 k €	-12.1%	994,8 k €	+49.6%	664,9 k €	-15.9%	790,9 k €	-78.0%	3,6 M €
Other
Workforce	11,0 ETP	0.0%	11,0 ETP	-8.3%	12,0 ETP	-10.4%	13,4 ETP	-8.8%	14,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Carl Tuerlinckx	Directorsince 29/02/2024
Johan De Keukelaere	Directorsince 01/08/2018

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Saysanak Nguyen	Director15/07/2020 → 2023 accounts
Lambertus Hilbrand Buurma	Director26/10/2018 → 01/08/2020

Other companies at this address

Hermeslaan 1H 1831 Machelen (Brab.)

Company	CBE no.
Compass Group Belgium● Active	0408.364.753
ELSTER WATER METERING● Active	0538.729.387
EnergyICT● Active	0443.515.573
Honeywell● Active	0402.220.891
Honeywell● Active	0421.776.982
Honeywell Aerospace Belgium● Active	1027.197.237
HONEYWELL ANALYTICS● Active	0446.601.559
Honeywell Europe● Active	0412.674.127
U O P● Active	0436.044.296
UOP PRODUCTS BELGIUM● Active	0893.676.737

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	17/07/2026	20/08/2025	07/01/2025	05/07/2023	25/07/2022	12/07/2021
General meeting	30/06/2026	13/08/2025	29/11/2024	30/06/2023	30/06/2022	30/06/2021
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, 7 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	17/07/2026	Dutch	PDF
Abridged model	31/12/2024	13/08/2025	20/08/2025	Dutch	PDF
Full model	31/12/2023	29/11/2024	07/01/2025	Dutch	PDF
Full model	31/12/2022	30/06/2023	05/07/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	25/07/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	12/07/2021	Dutch	PDF
Full model	31/12/2019	30/06/2020	11/08/2020	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Carl Tuerlinckx	Directorsince 29/02/2024
Johan De Keukelaere	Directorsince 01/08/2018

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Saysanak Nguyen	Director15/07/2020 → 2023 accounts
Lambertus Hilbrand Buurma	Director26/10/2018 → 01/08/2020

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates27/07/2026
DIVERSEN, ONTSLAGEN, BENOEMINGEN
PDF
Mandates03/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/04/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/07/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/08/2020
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Mandates14/11/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/09/2018
ONTSLAGEN - BENOEMINGEN
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

Filings6 filings

Mandates

Carl Tuerlinckx

Johan De Keukelaere

Saysanak Nguyen

Lambertus Hilbrand Buurma

201820192020202120222023202420252026

PITTWAY

Hermeslaan 1 bte H, 1831 Diegem

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Hermeslaan 1H, 1831 DiegemCurrent		CBE
Hermeslaan 1 bte H, 1831 Diegem	accounts 2021 → 2025	Accounts 2025 · 2026-00336789

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
PITTWAYCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00336789

Events

2025
Annual accounts 2025589,4 k €↓
2024
Annual accounts 2024608,3 k €↑
2023
Annual accounts 2023579 k €↑
2022
Annual accounts 2022545,6 k €↑
2021
Annual accounts 2021533,5 k €↑
2020
Annual accounts 2020397,1 k €
24/04/2018
IncorporationPrivate limited company

PITTWAY

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