ACTIVE

ESSELTE BUSINESS

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Financial year 2024 · closed on 31/12/2024

Net result

1,8 M €

-46.2% YoY

Revenue

45,1 M €

-3.2% YoY

Equity

146,5 M €

+1.3% YoY

Workforce

81,7 ETP

-3.5% YoY

What does ESSELTE BUSINESS do?

ESSELTE BUSINESS is a Private limited company incorporated in 2005. Its main activity is: Manufacture of plastic products. Its registered office is in Sint-Niklaas. It employs on average 81,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0875.730.549

Incorporation

26/08/2005

Legal form

Private limited company

Registered office

Industriepark-Noord 29
9100 Sint-Niklaas · FlandreSee on map

Contributed capital

139 238 000,00 €

Latest accounts

31/12/2024

Average workforce

81,7 ETP

Activities (NACE)

22260Manufacture of plastic products· main 22290Manufacture of other plastic products 46500Wholesale of information and communication equipment 46660Wholesale of other office machinery and equipment 51850Air transport 22260Manufacture of plastic products+12

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 11 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014
Income statement
Revenue	45,1 M €	-3.2%	46,6 M €	-15.7%	55,3 M €	+2.2%	54,1 M €	+17.2%	46,1 M €	-13.8%	53,5 M €	+5.7%	50,6 M €	+1.1%	50 M €	-4.1%	52,2 M €	-4.4%	54,6 M €	+7.8%	50,6 M €
EBITDA	2 M €	+11.4%	1,8 M €	+17.6%	1,6 M €	-41.4%	2,7 M €	+46.6%	1,8 M €	-34.7%	2,8 M €	-2.4%	2,9 M €	-7.9%	3,1 M €	-18.3%	3,8 M €	+7.0%	3,5 M €	+11.5%	3,2 M €
Operating result	1,7 M €	+8.3%	1,6 M €	+39.4%	1,1 M €	-52.3%	2,4 M €	+66.6%	1,4 M €	-41.2%	2,4 M €	+1.5%	2,4 M €	-6.4%	2,6 M €	-19.7%	3,2 M €	+7.7%	3 M €	+17.7%	2,5 M €
Net result	1,8 M €	-46.2%	3,4 M €	-91.1%	38,1 M €	+717%	4,7 M €	+99.8%	2,3 M €	-95.3%	49,9 M €	+5779%	849,1 k €	-87.5%	6,8 M €	+6899%	-99,8 k €	-104%	2,8 M €	-3.2%	2,9 M €
Balance sheet
Equity	146,5 M €	+1.3%	144,6 M €	-20.2%	181,3 M €	-16.9%	218,2 M €	+2.2%	213,5 M €	+120%	96,9 M €	+106%	47 M €	+1.8%	46,2 M €	-35.6%	71,6 M €	-0.1%	71,7 M €	+4.1%	68,9 M €
Total assets	153,5 M €	-0.2%	153,8 M €	-18.7%	189,2 M €	-17.8%	230,3 M €	+3.1%	223,4 M €	+110%	106,5 M €	+86.9%	57 M €	-35.1%	87,8 M €	+7.9%	81,4 M €	-2.0%	83 M €	+2.6%	80,9 M €
Cash	13,4 k €	-44.4%	24 k €	-22.3%	31 k €	-76.4%	130,9 k €	+606%	18,5 k €	-42.9%	32,4 k €	-98.6%	2,3 M €	+1.0%	2,3 M €	+71.6%	1,3 M €	-52.0%	2,8 M €	-13.7%	3,2 M €
Debts	7,1 M €	-22.9%	9,2 M €	+14.8%	8 M €	-34.4%	12,2 M €	+22.4%	9,9 M €	+4.6%	9,5 M €	-3.5%	9,8 M €	-76.3%	41,5 M €	+331%	9,6 M €	-13.4%	11,1 M €	-5.5%	11,8 M €
Other
Workforce	81,7 ETP	-3.5%	84,7 ETP	-9.8%	93,9 ETP	-4.2%	98,0 ETP	-3.2%	101,2 ETP	+0.3%	100,9 ETP	+0.7%	100,2 ETP	-2.2%	102,5 ETP	-3.4%	106,1 ETP	-1.5%	107,7 ETP	-3.1%	111,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 8 ended

Active mandates

Christopher Hopkinson

Director · since 22 mai 2020

Active

Guy De Roover

Director · since 01 décembre 2018

Active

Marc Temmerman

Director · since 25 août 2005

Active

Ended mandates

Richard Geddie

Director · since 22 mai 2020 · until 01 avril 2024

Ended

Richard Geddie

Director · since 22 mai 2020

Ended

Guy De Roover

Administrator - manager · since 01 décembre 2018

Ended

Walter Thomas

Director · since 22 septembre 2014 · until 22 mai 2020

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	01/10/2025	01/10/2024	05/10/2023	12/12/2022	13/12/2021	29/12/2020
General meeting	19/09/2025	24/09/2024	29/09/2023	30/11/2022	29/10/2021	10/12/2020
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

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	19/09/2025	01/10/2025	Dutch	PDF
Full model	31/12/2023	24/09/2024	01/10/2024	Dutch	PDF
Full model	31/12/2022	29/09/2023	05/10/2023	Dutch	PDF
Full model	31/12/2021	30/11/2022	12/12/2022	Dutch	PDF
Full modelCorrection	31/12/2020	29/10/2021	13/12/2021	Dutch	PDF
Full model	31/12/2020	29/10/2021	10/11/2021	Dutch	PDF
Full model	31/12/2019	10/12/2020	29/12/2020	Dutch	PDF
Full model	31/12/2018	11/12/2019	13/12/2019	Dutch	PDF
Full model	31/12/2017	28/09/2018	28/09/2018	Dutch	PDF
Full model	31/12/2016	28/06/2017	30/06/2017	Dutch	PDF
Full model	31/12/2015	22/06/2016	27/06/2016	Dutch	PDF
Full modelCorrection	31/12/2014	27/05/2015	23/07/2015	Dutch	PDF
Full model	31/12/2014	27/05/2015	24/06/2015	Dutch	PDF
Full model	31/12/2013	28/05/2014	04/07/2014	Dutch	PDF
Full model	31/12/2012	22/05/2013	13/06/2013	Dutch	PDF
Full model	31/12/2011	06/06/2012	04/07/2012	Dutch	PDF
Full model	31/12/2010	25/05/2011	18/11/2011	Dutch	PDF
Full model	31/12/2009	24/06/2010	24/08/2010	Dutch	PDF
Full model	31/12/2008	27/05/2009	07/07/2009	Dutch	PDF
Full model	31/12/2007	28/05/2008	02/07/2008	Dutch	PDF
Full model	31/12/2006	29/06/2007	10/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 31/12/2024 · 3 active · 8 ended

Active mandates

Christopher Hopkinson

Director · since 22 mai 2020

Active

Guy De Roover

Director · since 01 décembre 2018

Active

Marc Temmerman

Director · since 25 août 2005

Active

Ended mandates

Richard Geddie

Director · since 22 mai 2020 · until 01 avril 2024

Ended

Richard Geddie

Director · since 22 mai 2020

Ended

Guy De Roover

Administrator - manager · since 01 décembre 2018

Ended

Walter Thomas

Director · since 22 septembre 2014 · until 22 mai 2020

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/08/2026
Benoeming en ontslag van bestuurders
PDF
Mandates17/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/12/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/09/2020
ONTSLAGEN - BENOEMINGEN
PDF
Other23/03/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ALGEMENE VERGADERING
PDF
Other19/07/2019
DIVERSEN
PDF
Mandates05/12/2018
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

2024
Annual accounts 20241,8 M €↓
2023
Annual accounts 20233,4 M €↓
29/09/2023
reconductionEllen Tindemans — vaste vertegenwoordiger van de commissaris Moore Audit BV
2022
Annual accounts 202238,1 M €↑
2021
Annual accounts 20214,7 M €↑
2020
Annual accounts 20202,3 M €↓
2019
Annual accounts 201949,9 M €↑
2018
Annual accounts 2018849,1 k €↓
2017
Annual accounts 20176,8 M €↑
2016
Annual accounts 2016-99,8 k €↓
2015
Annual accounts 20152,8 M €↓
2014
Annual accounts 20142,9 M €
26/08/2005
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ESSELTE BUSINESS

Overview

What does ESSELTE BUSINESS do?

Trend over 11 financial years

Indicative valuation

Board of directors

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