ACTIVE

PGS AJR Packaging

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Financial year 2025 · closed on 30/09/2025
Net result
-2,4 k €
-424.8% YoY
Gross margin
154,7 k €
-56.3% YoY
Equity
24,1 k €
-8.9% YoY
Workforce
1,9 ETP
-72.1% YoY

What does PGS AJR Packaging do?

PGS AJR Packaging is a Private limited company incorporated in 2021. Its main activity is: Sawmilling and planing of wood. Its registered office is in Gistel. It employs on average 1,9 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0772.342.803
Incorporation
06/08/2021
Legal form
Private limited company
Registered office
Torhoutse Baan 5 box 2
8470 Gistel · FlandreSee on map
Contributed capital
25 000,00 €
Latest accounts
30/09/2025
Average workforce
1,9 ETP
Activities (NACE)
16100Sawmilling and planing of wood· main16110Sawmilling and planing of wood16240Manufacture of wooden containers16240Manufacture of wooden containers70100Activities of head offices70100Activities of head offices+5
Joint committees (3)
  • 12502
  • 200
  • 2000
Signals
Solid equityLow riskGood liquidityHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Gross margin154,7 k €353,6 k €320,8 k €289,6 k €
EBITDA-1,7 k €3,8 k €11,3 k €16,6 k €
Operating result-1,9 k €3,2 k €10,7 k €16,3 k €
Net result-2,4 k €727,1 €6,3 k €10,1 k €
Balance sheet
Equity24,1 k €26,4 k €25,7 k €25,1 k €
Total assets29,9 k €67,4 k €90,7 k €97,3 k €
Cash1,3 k €40,9 k €67 k €46,7 k €
Debts5,8 k €41 k €65 k €72,2 k €
Other
Workforce1,9 ETP6,8 ETP5,8 ETP5,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 1 ended

Active mandates

GRACO

Director · since 06 août 2021 · 0454.451.928

Represented by Luc GRAUWET

Active
GRAUWET ROGER

Director · since 06 août 2021 · 0880.852.446

Represented by Roger GRAUWET

Active

Ended mandates

GRACO

Director · since 06 août 2021 · 0454.451.928

Represented by Luc Grauwet

Ended
At this address

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SUSTAINABLE PALLET ASSOCIATION● Active
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Annual accounts

Full financial information

2025202420232022
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202206/08/2021
Closing of the financial year30/09/202530/09/202430/09/202330/09/2022
Length of the financial year12 months12 months12 months14 months
Filing date02/04/202628/03/202526/03/202417/04/2023
General meeting07/03/202601/03/202502/03/202431/03/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202507/03/202602/04/2026DutchPDF
Abridged model30/09/202401/03/202528/03/2025DutchPDF
Abridged model30/09/202302/03/202426/03/2024DutchPDF
Abridged model30/09/202231/03/202317/04/2023DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 30/09/2025 · 2 active · 1 ended

Active mandates

GRACO

Director · since 06 août 2021 · 0454.451.928

Represented by Luc GRAUWET

Active
GRAUWET ROGER

Director · since 06 août 2021 · 0880.852.446

Represented by Roger GRAUWET

Active

Ended mandates

GRACO

Director · since 06 août 2021 · 0454.451.928

Represented by Luc Grauwet

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates01/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other02/10/2025
    BENAMING - DIVERSEN - DOEL
    PDF
  • Mandates09/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office23/02/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other10/08/2021
    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 2025-2,4 k €↓
  2. 2025
    Name changePGS AJR PACKAGING
  3. 2024
    Annual accounts 2024727,1 €↓
  4. 2023
    Annual accounts 20236,3 k €↓
  5. 2022
    Annual accounts 202210,1 k €
  6. 2022
    Name changeDemey Ronse
  7. 06/08/2021
    IncorporationPrivate limited company