ACTIVE

planC

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Financial year 2025 · closed on 31/12/2025

Net result

-42,7 k €

-120.0% YoY

Gross margin

-55,1 k €

-124.7% YoY

Equity

7,8 M €

-0.5% YoY

Workforce

0,0 ETP

What does planC do?

planC is a Private limited company incorporated in 2006. Its main activity is: Manufacture of paints, varnishes and similar coatings, printing ink and mastics. Its registered office is in Zwevegem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0881.122.759

Incorporation

05/05/2006

Legal form

Private limited company

Registered office

Gauwelstraat(H) 68 box A
8551 Zwevegem · FlandreSee on map

Contributed capital

623 600,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

20300Manufacture of paints, varnishes and similar coatings, printing ink and mastics· main 20300Manufacture of paints, varnishes and similar coatings, printing ink and mastics 24300Manufacture of other products of first processing of steel 37100Sewerage 37200Sewerage 38210Treatment and disposal of non-hazardous waste+11

Signals

Solid equityLow riskGood liquidityPositive cashflow

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	-55,1 k €	-125%	223,3 k €	+468%	-60,7 k €	-205%	57,7 k €	+7.2%	53,8 k €	-12.6%	61,6 k €	-5.0%	64,8 k €	-1.3%	65,7 k €	-5.8%	69,8 k €	-68.2%	219,5 k €	+168%	81,8 k €	-55.6%	184,1 k €	+69.4%	108,7 k €	-12.9%	124,8 k €	+303%	31 k €	+75.3%	17,7 k €	-80.7%	91,5 k €	+454%	16,5 k €	-22.6%	21,4 k €
EBITDA	-85,9 k €	-141%	211,9 k €	+402%	-70,1 k €	-236%	51,6 k €	+15.0%	44,8 k €	-20.4%	56,3 k €	-5.8%	59,7 k €	-0.8%	60,2 k €	-4.7%	63,2 k €	-70.8%	216,6 k €	+177%	78,1 k €	-56.3%	178,7 k €	+66.9%	107,1 k €	-13.1%	123,2 k €	+315%	29,7 k €	+79.3%	16,6 k €	-81.6%	90,2 k €	+490%	15,3 k €	-19.4%	19 k €
Operating result	-212,3 k €	-539%	48,4 k €	+118%	-267,5 k €	-290%	-68,6 k €	+12.3%	-78,3 k €	-143%	-32,2 k €	-82.1%	-17,7 k €	+26.7%	-24,1 k €	-580%	5 k €	-96.7%	150,8 k €	+388%	30,9 k €	-78.4%	143,5 k €	+71.6%	83,6 k €	-16.7%	100,4 k €	+1114%	8,3 k €	+691%	-1,4 k €	-102%	80,5 k €	+1214%	6,1 k €	+2017%	-319,6 €
Net result	-42,7 k €	-120%	213,8 k €	-88.5%	1,9 M €	-8.7%	2 M €	+245%	592,7 k €	+78.9%	331,3 k €	-31.0%	480,2 k €	-7.3%	517,8 k €	+116%	239,9 k €	-11.0%	269,5 k €	+89.3%	142,4 k €	-54.4%	312,3 k €	+248%	89,7 k €	+57.1%	57,1 k €	+1569%	3,4 k €	+189%	-3,8 k €	-107%	54,3 k €	+5795%	-954 €	+86.5%	-7,1 k €
Balance sheet
Equity	7,8 M €	-0.5%	7,8 M €	+2.8%	7,6 M €	+32.5%	5,7 M €	+55.3%	3,7 M €	+19.0%	3,1 M €	+11.9%	2,8 M €	+20.8%	2,3 M €	+29.1%	1,8 M €	+15.6%	1,5 M €	+21.2%	1,3 M €	+12.6%	1,1 M €	+58.7%	711,3 k €	+14.4%	621,6 k €	+864%	64,5 k €	+5.6%	61,1 k €	-5.9%	64,9 k €	+513%	10,6 k €	-8.3%	11,5 k €
Total assets	7,9 M €	-1.9%	8 M €	-0.1%	8 M €	+34.4%	6 M €	+59.1%	3,8 M €	+1.7%	3,7 M €	+6.4%	3,5 M €	+10.8%	3,1 M €	+19.3%	2,6 M €	+10.1%	2,4 M €	+12.8%	2,1 M €	+5.1%	2 M €	+63.0%	1,2 M €	+6.3%	1,2 M €	+444%	213,8 k €	-15.7%	253,5 k €	-6.6%	271,3 k €	+27.9%	212,1 k €	+27.2%	166,8 k €
Cash	665,7 k €	+27.8%	521 k €	-21.7%	665,2 k €	-50.5%	1,3 M €	+42.8%	939,8 k €	-12.9%	1,1 M €	+35.4%	797,2 k €	+13.3%	703,7 k €	+269%	190,5 k €	+7.5%	177,2 k €	+83.0%	96,9 k €	+19.6%	81 k €	+52.6%	53,1 k €	+45.2%	36,6 k €	-34.8%	56 k €	-35.2%	86,5 k €	-37.8%	139,1 k €	+299%	34,9 k €	+0.9%	34,6 k €
Debts	97,4 k €	-53.3%	208,7 k €	-52.0%	435,2 k €	+79.6%	242,2 k €	+283%	63,3 k €	-89.0%	577,4 k €	-14.9%	678,7 k €	-17.0%	817,8 k €	-1.4%	829,2 k €	+0.5%	824,8 k €	+0.1%	824 k €	-4.7%	865 k €	+70.8%	506,4 k €	-4.1%	527,8 k €	+256%	148,2 k €	-22.1%	190,2 k €	-6.2%	202,8 k €	+1.8%	199,2 k €	+29.3%	154,1 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 10 ended

Active mandates

Carl Ghistelinck

Director · since 05 mai 2006

Active

Malika Vanoverbeke

Director · since 05 mai 2006

Active

Ended mandates

Carl Ghistelinck

Director · since 18 mars 2022

Ended

Malika Vanoverbeke

Director · since 18 mars 2022

Ended

Carl GHISTELINCK

Manager · since 02 mai 2006

Ended

Malika VANOVERBEKE

Manager · since 02 mai 2006

Ended

At this address

Other companies at this address

Company	CBE no.
Dr. Milo Ghistelinck● Active	1042.347.746
Paco Ghistelinck● Active	0651.939.473

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/07/2026	18/07/2025	25/07/2024	17/07/2023	31/08/2022	31/08/2021
General meeting	30/06/2026	30/06/2025	28/06/2024	30/06/2023	20/06/2022	21/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	23/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	18/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	25/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	17/07/2023	Dutch	PDF
Abridged model	31/12/2021	20/06/2022	31/08/2022	Dutch	PDF
Abridged model	31/12/2020	21/06/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	15/06/2020	27/08/2020	Dutch	PDF
Abridged model	31/12/2018	25/05/2019	26/06/2019	Dutch	PDF
Abridged model	31/12/2017	26/05/2018	30/05/2018	Dutch	PDF
Abridged model	31/12/2016	15/06/2017	03/07/2017	Dutch	PDF
Abridged modelCorrection	31/12/2015	18/03/2016	08/04/2016	Dutch	PDF
Abridged model	31/12/2015	18/03/2016	22/03/2016	Dutch	PDF
Abridged model	31/12/2014	27/03/2015	26/05/2015	Dutch	PDF
Abridged model	31/12/2013	15/06/2014	05/07/2014	Dutch	PDF
Abridged model	31/12/2012	22/06/2013	02/07/2013	Dutch	PDF
Abridged model	31/12/2011	15/06/2012	05/07/2012	Dutch	PDF
Abridged model	31/12/2010	15/06/2011	21/06/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	22/07/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	19/08/2009	Dutch	PDF
Abridged model	31/12/2007	15/06/2008	13/08/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 2 active · 10 ended

Active mandates

Carl Ghistelinck

Director · since 05 mai 2006

Active

Malika Vanoverbeke

Director · since 05 mai 2006

Active

Ended mandates

Carl Ghistelinck

Director · since 18 mars 2022

Ended

Malika Vanoverbeke

Director · since 18 mars 2022

Ended

Carl GHISTELINCK

Manager · since 02 mai 2006

Ended

Malika VANOVERBEKE

Manager · since 02 mai 2006

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates20/05/2022
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares08/07/2013
KAPITAAL - AANDELEN
PDF
Capital / shares14/08/2012
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares07/04/2009
KAPITAAL - AANDELEN
PDF
Other16/05/2006
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

2025
Annual accounts 2025-42,7 k €↓
2024
Annual accounts 2024213,8 k €↓
2023
Annual accounts 20231,9 M €↓
2022
Annual accounts 20222 M €↑
2021
Annual accounts 2021592,7 k €↑
2020
Annual accounts 2020331,3 k €↓
2019
Annual accounts 2019480,2 k €↓
2018
Annual accounts 2018517,8 k €↑
2017
Annual accounts 2017239,9 k €↓
2016
Annual accounts 2016269,5 k €↑
2015
Annual accounts 2015142,4 k €↓
2014
Annual accounts 2014312,3 k €↑
2013
Annual accounts 201389,7 k €↑
2012
Annual accounts 201257,1 k €↑
2011
Annual accounts 20113,4 k €↑
2010
Annual accounts 2010-3,8 k €↓
2009
Annual accounts 200954,3 k €↑
2008
Annual accounts 2008-954 €↑
2007
Annual accounts 2007-7,1 k €
05/05/2006
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

planC

Overview

What does planC do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

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