ACTIVE

POULTEC

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Financial year 2025 · closed on 31/12/2025
Net result
2,2 M €
-72.8% YoY
Revenue
38,2 M €
-55.4% YoY
Equity
28,1 M €
+8.6% YoY

What does POULTEC do?

POULTEC is a Public limited company incorporated in 2010. Its main activity is: Wholesale of agricultural machinery, equipment and supplies. Its registered office is in Antwerpen.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0826.406.742
Incorporation
27/05/2010
Legal form
Public limited company
Registered office
Jordaenskaai 24
2000 Antwerpen · FlandreSee on map
Contributed capital
3 061 500,00 €
Latest accounts
31/12/2025
Activities (NACE)
46610Wholesale of agricultural machinery, equipment and supplies· main46610Wholesale of agricultural machinery, equipment and supplies
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120202019201820172016201520142013201220112010
Income statement
Revenue38,2 M €85,7 M €30,7 M €67,2 M €18,4 M €14,4 M €14,7 M €14 M €14,8 M €15,9 M €13,8 M €5,7 M €9,7 M €8,2 M €8,9 M €–
EBITDA3,2 M €4 M €2 M €6,2 M €5,8 M €1,3 M €1,6 M €626 k €1,4 M €1,4 M €886,1 k €338,7 k €1,4 M €188,7 k €316,8 k €153,7 k €
Operating result3 M €4 M €1,9 M €6,1 M €5,6 M €1,1 M €1,5 M €399,2 k €1,2 M €1,3 M €868,8 k €313,7 k €1,4 M €188,7 k €316,8 k €153,7 k €
Net result2,2 M €8,2 M €1,1 M €4 M €3,6 M €1,1 M €922 k €291,3 k €849,4 k €792,7 k €578,7 k €214,7 k €774,5 k €129,1 k €196,9 k €28,3 k €
Balance sheet
Equity28,1 M €25,9 M €17,7 M €16,7 M €12,6 M €9 M €7,8 M €3,9 M €3,6 M €2,8 M €2 M €1,4 M €1,2 M €415,7 k €286,7 k €89,8 k €
Total assets78,9 M €65,8 M €77 M €54,7 M €60,1 M €25,7 M €21,2 M €8,3 M €14 M €9,5 M €14,4 M €5,3 M €2,3 M €10,8 M €2,3 M €1,6 M €
Cash5,1 M €7,7 M €12,6 M €4,4 M €5,6 M €423,3 k €619,4 k €182,1 k €1,8 M €999 k €193,9 k €952 k €479,2 k €138,7 k €30,9 k €29 k €
Debts50,7 M €39,9 M €59,2 M €38 M €47,5 M €16,5 M €12,4 M €1,9 M €5,4 M €4,3 M €4,4 M €3,2 M €1,1 M €4,7 M €1,9 M €1,1 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 21 ended

Active mandates

Gallus FarmTech Solutions

Director · since 01 août 2024 · until 01 juin 2028 · 1011.349.912

Represented by Tom De Ceuster

Active
CedarsCo

Director · since 20 juin 2024 · until 01 juin 2028 · 0774.399.597

Represented by Traboulsi TAREK

Active
Jeanine Khattar

Director · since 01 juin 2022 · until 01 juin 2028

Active
VABRO

Managing director · since 01 juin 2022 · until 01 juin 2028 · 0474.821.334

Represented by Jan Van Aelten

Active

Ended mandates

INTRACO LTD

Director · since 01 juin 2022 · until 01 août 2024 · 0435.157.935

Represented by vv De Ceuster Tom Group De Ceuster NV

Ended
INTRACO LTD

Director · since 01 juin 2022 · until 01 juin 2028 · 0435.157.935

Represented by vv De Ceuster Tom Group De Ceuster NV

Ended
INTRACO LTD

Director · since 01 juin 2022 · until 01 juin 2028 · 0435.157.935

Represented by De Ceuster Tom GROUP DE CEUSTER NV, 0450.326.854, vv

Ended
Tarek Traboulsi

Director · since 01 juin 2022 · until 20 juin 2024

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/07/202603/07/202508/07/202418/07/202331/08/202230/06/2021
General meeting29/06/202616/06/202527/06/202401/06/202301/06/202201/06/2021
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202529/06/202610/07/2026DutchPDF
Full model31/12/202416/06/202503/07/2025DutchPDF
Full model31/12/202327/06/202408/07/2024DutchPDF
Full model31/12/202201/06/202318/07/2023DutchPDF
Full model31/12/202101/06/202231/08/2022DutchPDF
Full model31/12/202001/06/202130/06/2021DutchPDF
Full model31/12/201902/06/202030/06/2020DutchPDF
Full model31/12/201803/06/201919/06/2019DutchPDF
Full model31/12/201725/06/201803/07/2018DutchPDF
Full model31/12/201601/06/201730/06/2017DutchPDF
Full model31/12/201501/06/201628/06/2016DutchPDF
Full model31/12/201401/06/201502/07/2015DutchPDF
Full model31/12/201302/06/201413/06/2014DutchPDF
Full model31/12/201203/06/201328/06/2013DutchPDF
Full model31/12/201101/06/201229/06/2012DutchPDF
Abridged model31/12/201022/06/201122/07/2011DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 31/12/2025 · 4 active · 21 ended

Active mandates

Gallus FarmTech Solutions

Director · since 01 août 2024 · until 01 juin 2028 · 1011.349.912

Represented by Tom De Ceuster

Active
CedarsCo

Director · since 20 juin 2024 · until 01 juin 2028 · 0774.399.597

Represented by Traboulsi TAREK

Active
Jeanine Khattar

Director · since 01 juin 2022 · until 01 juin 2028

Active
VABRO

Managing director · since 01 juin 2022 · until 01 juin 2028 · 0474.821.334

Represented by Jan Van Aelten

Active

Ended mandates

INTRACO LTD

Director · since 01 juin 2022 · until 01 août 2024 · 0435.157.935

Represented by vv De Ceuster Tom Group De Ceuster NV

Ended
INTRACO LTD

Director · since 01 juin 2022 · until 01 juin 2028 · 0435.157.935

Represented by vv De Ceuster Tom Group De Ceuster NV

Ended
INTRACO LTD

Director · since 01 juin 2022 · until 01 juin 2028 · 0435.157.935

Represented by De Ceuster Tom GROUP DE CEUSTER NV, 0450.326.854, vv

Ended
Tarek Traboulsi

Director · since 01 juin 2022 · until 20 juin 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates29/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office10/02/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates19/01/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares04/02/2019
    KAPITAAL - AANDELEN
    PDF
  • Mandates04/01/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/07/2016
    ONTSLAGEN - BENOEMINGEN
    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 20252,2 M €↓
  2. 2024
    Annual accounts 20248,2 M €↑
  3. 01/08/2024
    nominationGallus FarmTech Solutions NV — bestuurder
  4. 20/06/2024
    nominationCedarsCo — bestuurder
  5. 2023
    Annual accounts 20231,1 M €↓
  6. 2022
    Annual accounts 20224 M €↑
  7. 2021
    Annual accounts 20213,6 M €↑
  8. 2020
    Annual accounts 20201,1 M €↑
  9. 2019
    Annual accounts 2019922 k €↑
  10. 2018
    Annual accounts 2018291,3 k €↓
  11. 2017
    Annual accounts 2017849,4 k €↑
  12. 2016
    Annual accounts 2016792,7 k €↑
  13. 2015
    Annual accounts 2015578,7 k €↑
  14. 2014
    Annual accounts 2014214,7 k €↓
  15. 2013
    Annual accounts 2013774,5 k €↑
  16. 2012
    Annual accounts 2012129,1 k €↓
  17. 2011
    Annual accounts 2011196,9 k €↑
  18. 2010
    Annual accounts 201028,3 k €
  19. 27/05/2010
    IncorporationPublic limited company