NORMAL SITUATION

Pine Walk Europe

Company — Normal situation.

Financial year 2024 · Closed on 31/12/2024

Net result37,2 M €-0,1 %over 1 year
Revenue74,6 M €+11,2 %over 1 year
Equity34,5 M €-14,1 %over 1 year
Workforce2,1 ETP+110,0 %over 1 year

Identity

Source · BCE/KBO

Pine Walk Europe is a company registered in Belgium. It employs on average 2,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0752.659.028
Legal form
Private limited company
Contributed capital
4 143 392,67 €
Latest accounts
31/12/2024
Average workforce
2,1 ETP
Joint committees (2)
  • 200
  • 307
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 4 filings

Trend over 4 financial years

2024202320222021
Income statement
Revenue74,6 M €67,1 M €––
EBITDA40,3 M €44,5 M €10,4 M €3,3 M €
Operating result40 M €43,9 M €10,4 M €3,3 M €
Net result37,2 M €37,2 M €8,2 M €2,6 M €
Balance sheet
Equity34,5 M €40,2 M €8,9 M €2,6 M €
Total assets155,6 M €103,6 M €39,1 M €9 M €
Cash71,9 M €48,1 M €22,8 M €5,1 M €
Debts107,1 M €55,7 M €27,3 M €6,1 M €
Other
Workforce2,1 ETP1,0 ETP1,0 ETP1,0 ETP

Board of directors

Source · NBB, accounts to 31/12/2024

4 active · 1 ended

Active mandates

Robert Thomas Kelly

Director · since 09 mai 2023

Active
Simon Michael Crone

Director · since 09 mai 2023

Active
Nigel Lee

Director · since 14 août 2020

Active
Rinku Patel

Director · since 14 août 2020 · until 14 mai 2024

Active

Ended mandates

Rinku Patel

Director · since 14 août 2020

Ended

Full financial information

Source · NBB
2024202320222021
Type of accountFull modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202214/08/2020
Closing of the financial year31/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months17 months
Filing date02/07/202511/06/202413/06/202331/08/2022
General meeting13/05/202514/05/202409/05/202310/05/2022
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 4 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202413/05/202502/07/2025FrenchPDF
Abridged model31/12/202314/05/202411/06/2024FrenchPDF
Abridged model31/12/202209/05/202313/06/2023FrenchPDF
Abridged model31/12/202110/05/202231/08/2022FrenchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2024

4 active · 1 ended

Active mandates

Robert Thomas Kelly

Director · since 09 mai 2023

Active
Simon Michael Crone

Director · since 09 mai 2023

Active
Nigel Lee

Director · since 14 août 2020

Active
Rinku Patel

Director · since 14 août 2020 · until 14 mai 2024

Active

Ended mandates

Rinku Patel

Director · since 14 août 2020

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other12/01/2026
    DIVERS
    PDF
  • Capital / shares11/07/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Restructuring24/03/2025
    CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring24/03/2025
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Capital / shares19/12/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Capital / shares25/09/2024
    CAPITAL, ACTIONS
    PDF
  • Capital / shares05/07/2024
    CAPITAL, ACTIONS
    PDF
  • Mandates20/06/2024
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 202437,2 M €↓
  2. 2023
    Annual accounts 202337,2 M €↑
  3. 2022
    Annual accounts 20228,2 M €↑
  4. 2021
    Annual accounts 20212,6 M €