ACTIVE

Partners in Coating

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Financial year 2025 · Closed on 31/12/2025

Net result37,7 k €-5,1 %over 1 year
Revenue976 k €0,0 %over 1 year
Equity7,5 M €+0,5 %over 1 year
Workforce1,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

Partners in Coating is a Public limited company incorporated in 2011. Its main activity is: Activities of holding companies. Its registered office is in Aalst. It employs on average 1,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0836.097.636
Incorporation
09/05/2011
Legal form
Public limited company
Registered office
Industrielaan 8
9320 Aalst · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA

Financials

Source · NBB, 16 filings

Trend over 15 financial years

20252024202320222021
Income statement
Revenue976 k €976 k €976 k €764 k €976 k €
EBITDA691,6 k €697,9 k €653,2 k €529,6 k €823,4 k €
Operating result691,6 k €697,9 k €653,2 k €529,6 k €823,4 k €
Net result37,7 k €39,7 k €27,1 k €1,6 k €198,9 k €
Balance sheet
Equity7,5 M €7,4 M €7,4 M €7,4 M €7,3 M €
Total assets20,7 M €20,7 M €20,7 M €20,7 M €20,7 M €
Cash4,7 k €3,5 k €4,4 k €3,2 k €4,6 k €
Debts13,2 M €13,2 M €13,2 M €13,3 M €13,3 M €
Other
Workforce1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
ADOXA0836.651.823Represented by Christiaan De Meerleer
Director24/04/2025 → 01/06/2031
BELBRIDGE0828.320.018Represented by Anna Aizina
Director05/05/2011 → 01/06/2031Mandatelisted until the 2019 accountsendedbestuurder01/01/2020 → 2021 accountsended
BLUE CAPITAL0834.793.183Represented by Wim Schalley
Managing director01/01/2020 → 01/06/2031bestuurder01/01/2020 → 2021 accountsendedDirector05/05/2011 → 2023 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Wim SCHALLEY
Director30/06/2017 → 2018 accounts
Moore Audit0453.925.059Represented by Frans Verschelden (A00896)
Mandate22/12/2011 → 2014 accounts

Other companies at this address

Industrielaan 8 9320 Aalst
CompanyCBE no.
ACOTEC● Active
0448.964.401
ALBARR COATING SOLUTIONS● Active
0798.708.391
AZOLLA● Active
0477.429.446
BELBRIDGE● Active
0828.320.018

Full financial information

Source · NBB
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 date30/09/202606/10/202516/09/202431/08/202329/07/202208/11/2021
General meeting28/09/202606/10/202511/09/202429/08/202330/06/202228/10/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 16 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202528/09/202630/09/2026DutchPDF
Full model31/12/202406/10/202506/10/2025DutchPDF
Full model31/12/202311/09/202416/09/2024DutchPDF
Full model31/12/202229/08/202331/08/2023DutchPDF
Full model31/12/202130/06/202229/07/2022DutchPDF
Full model31/12/202028/10/202108/11/2021DutchPDF
Full model31/12/201908/10/202008/10/2020DutchPDF
Full model31/12/201815/07/201929/07/2019DutchPDF
Full model31/12/201723/07/201827/07/2018DutchPDF
Full model31/12/201630/06/201711/07/2017DutchPDF
Full model31/12/201530/06/201607/07/2016DutchPDF
Full model31/12/201426/06/201515/07/2015DutchPDF
Full model31/12/201316/07/201418/07/2014DutchPDF
Full modelCorrection31/12/201227/09/201309/05/2014DutchPDF
Full model31/12/201228/06/201319/07/2013DutchPDF
Full model31/12/201127/06/201226/09/2012DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
ADOXA0836.651.823Represented by Christiaan De Meerleer
Director24/04/2025 → 01/06/2031
BELBRIDGE0828.320.018Represented by Anna Aizina
Director05/05/2011 → 01/06/2031Mandatelisted until the 2019 accountsendedbestuurder01/01/2020 → 2021 accountsended
BLUE CAPITAL0834.793.183Represented by Wim Schalley
Managing director01/01/2020 → 01/06/2031bestuurder01/01/2020 → 2021 accountsendedDirector05/05/2011 → 2023 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Wim SCHALLEY
Director30/06/2017 → 2018 accounts
Moore Audit0453.925.059Represented by Frans Verschelden (A00896)
Mandate22/12/2011 → 2014 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates12/05/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/04/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/01/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/12/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/08/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/07/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/01/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/12/2011
    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
Filings15 filings
Mandates
ADOXA
BELBRIDGE
BLUE CAPITAL
Wim SCHALLEY
Moore Audit
Willy SONCK
201120122013201420152016201720182019202020212022202320242025202620272028202920302031
Partners in Coating
Industrielaan 8, 9320 Erembodegem
Director
Directorbestuurder
Managing directorbestuurderDirector
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Industrielaan 8, 9320 ErembodegemCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00537178

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Partners in CoatingCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00537178

Events

  1. 2025
    Annual accounts 202537,7 k €↓
  2. 2024
    Annual accounts 202439,7 k €↑
  3. 2023
    Annual accounts 202327,1 k €↑
  4. 2022
    Annual accounts 20221,6 k €↓
  5. 2021
    Annual accounts 2021198,9 k €↑
  6. 2020
    Annual accounts 2020196,5 k €↑
  7. 2019
    Annual accounts 2019190,2 k €↓
  8. 2018
    Annual accounts 2018232,9 k €↑
  9. 2017
    Annual accounts 201778,6 k €↑
  10. 2016
    Annual accounts 201653,6 k €↑
  11. 2015
    Annual accounts 201536,8 k €↓
  12. 2014
    Annual accounts 20141 M €↑
  13. 2013
    Annual accounts 2013-30,8 k €↓
  14. 2012
    Annual accounts 20125,2 M €↑
  15. 2011
    Annual accounts 201174,7 k €
  16. 09/05/2011
    IncorporationPublic limited company