ACTIVE

PGS REVERSE EUROPE

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Financial year 2025 · closed on 30/09/2025
Net result
340,7 k €
-22.1% YoY
Revenue
14,3 M €
+50.1% YoY
Equity
3,5 M €
+10.7% YoY
Workforce
5,0 ETP
+13.6% YoY

What does PGS REVERSE EUROPE do?

PGS REVERSE EUROPE is a Public limited company incorporated in 2007. Its main activity is: Agents specialised in the sale of other particular products. Its registered office is in Gistel. It employs on average 5,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0886.855.261
Incorporation
29/01/2007
Legal form
Public limited company
Registered office
Torhoutse Baan 5 box .02
8470 Gistel · FlandreSee on map
Contributed capital
852 000,00 €
Latest accounts
30/09/2025
Average workforce
5,0 ETP
Activities (NACE)
46180Agents specialised in the sale of other particular products· main46180Agents specialised in the sale of other particular products51180Passenger air transport77229Rental of video tapes and disks77299Rental and leasing of other personal and household goods
Joint committees (2)
  • 200
  • 218
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 13 financial years

2025202420232022201720152014201320122011201020092008
Income statement
Revenue14,3 M €9,5 M €–––1,9 M €2,6 M €––––––
EBITDA444,4 k €767,1 k €1,5 M €2 M €782,5 k €293 k €394,4 k €341 k €349,4 k €458,9 k €159,2 k €48,8 k €-306,5 k €
Operating result402,6 k €569,5 k €1,4 M €1,9 M €322 k €37,6 k €157,5 k €138 k €114 k €199 k €26,9 k €-67,3 k €-369,3 k €
Net result340,7 k €437,2 k €1 M €1,8 M €205,2 k €25,5 k €123,7 k €110,7 k €85,1 k €74,3 k €3,8 k €-80,3 k €-379,4 k €
Balance sheet
Equity3,5 M €3,2 M €2,8 M €1,7 M €1,3 M €815,3 k €789,8 k €666,1 k €555,4 k €470,3 k €396 k €392,3 k €110,1 k €
Total assets8,1 M €6,1 M €5,5 M €6,9 M €3,2 M €2,4 M €2 M €1,8 M €1,7 M €1,8 M €1,1 M €911 k €388,4 k €
Cash395,5 k €299,9 k €1,9 M €412,1 k €146,8 k €236,6 k €361,3 k €403,8 k €344,9 k €155,3 k €115,8 k €91,9 k €33,8 k €
Debts4,6 M €2,9 M €2,7 M €5,2 M €1,8 M €1,6 M €1,1 M €1,1 M €1,1 M €1,4 M €682,3 k €517,4 k €278,3 k €
Other
Workforce5,0 ETP4,4 ETP4,3 ETP3,6 ETP1,0 ETP1,0 ETP0,8 ETP1,0 ETP1,0 ETP1,2 ETP1,0 ETP1,0 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 4 active · 42 ended

Active mandates

Edfanzac SAS

Director · since 31 janvier 2023 · until 06 mars 2028 · 0787.873.194

Represented by Michaël MODUGNO

Active
GRACO

Managing director · since 31 janvier 2023 · until 06 mars 2028 · 0454.451.928

Represented by Luc Grauwet

Active
GRAUWET ROGER

Managing director · since 31 janvier 2023 · until 06 mars 2028 · 0880.852.446

Represented by Roger GRAUWET

Active
Jadal SAS

Director · since 31 janvier 2023 · until 06 mars 2028 · 0787.873.590

Represented by Jean-Louis LOUVEL

Active

Ended mandates

Edfanzac SAS

Director · since 30 juin 2022 · until 31 janvier 2023

Represented by Michaël MODUGNO

Ended
Jadal SAS

Director · since 30 juin 2022 · until 31 janvier 2023

Represented by Jean-Louis LOUVEL

Ended
GRACO

Managing director · since 10 mai 2021 · until 31 janvier 2023 · 0454.451.928

Represented by Luc GRAUWET

Ended
GRACO

Managing director · since 10 mai 2021 · until 06 mars 2023 · 0454.451.928

Represented by Luc Grauwet

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date02/04/202628/03/202504/04/202424/02/202330/03/202225/03/2021
General meeting02/03/202603/03/202504/03/202431/01/202307/03/202201/03/2021
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model30/09/202502/03/202602/04/2026DutchPDF
Full model30/09/202403/03/202528/03/2025DutchPDF
Abridged model30/09/202304/03/202404/04/2024DutchPDF
Abridged model30/09/202231/01/202324/02/2023DutchPDF
Abridged model30/09/202107/03/202230/03/2022DutchPDF
Abridged model30/09/202001/03/202125/03/2021DutchPDF
Abridged model30/09/201902/03/202009/04/2020DutchPDF
Abridged modelCorrection30/09/201829/04/201925/03/2020DutchPDF
Abridged model30/09/201830/03/201927/05/2019DutchPDF
Abridged model30/09/201705/03/201809/03/2018DutchPDF
Full model30/09/201606/03/201713/04/2017DutchPDF
Full model30/09/201507/03/201631/03/2016DutchPDF
Full model31/12/201401/06/201519/06/2015DutchPDF
Abridged model31/12/201302/06/201401/07/2014DutchPDF
Abridged model31/12/201203/06/201311/06/2013DutchPDF
Abridged model31/12/201104/06/201208/06/2012DutchPDF
Abridged model31/12/201006/06/201120/06/2011DutchPDF
Abridged model31/12/200907/06/201008/06/2010DutchPDF
Abridged model31/12/200802/06/200912/06/2009DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 30/09/2025 · 4 active · 42 ended

Active mandates

Edfanzac SAS

Director · since 31 janvier 2023 · until 06 mars 2028 · 0787.873.194

Represented by Michaël MODUGNO

Active
GRACO

Managing director · since 31 janvier 2023 · until 06 mars 2028 · 0454.451.928

Represented by Luc Grauwet

Active
GRAUWET ROGER

Managing director · since 31 janvier 2023 · until 06 mars 2028 · 0880.852.446

Represented by Roger GRAUWET

Active
Jadal SAS

Director · since 31 janvier 2023 · until 06 mars 2028 · 0787.873.590

Represented by Jean-Louis LOUVEL

Active

Ended mandates

Edfanzac SAS

Director · since 30 juin 2022 · until 31 janvier 2023

Represented by Michaël MODUGNO

Ended
Jadal SAS

Director · since 30 juin 2022 · until 31 janvier 2023

Represented by Jean-Louis LOUVEL

Ended
GRACO

Managing director · since 10 mai 2021 · until 31 janvier 2023 · 0454.451.928

Represented by Luc GRAUWET

Ended
GRACO

Managing director · since 10 mai 2021 · until 06 mars 2023 · 0454.451.928

Represented by Luc Grauwet

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares02/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - KAPITAAL - AANDELEN
    PDF
  • Mandates27/02/2023
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/05/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office24/06/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates28/02/2020
    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 2025340,7 k €↓
  2. 2024
    Annual accounts 2024437,2 k €↓
  3. 2023
    Annual accounts 20231 M €↓
  4. 2023
    Name changePGS REVERSE EUROPE
  5. 2022
    Annual accounts 20221,8 M €↑
  6. 2022
    Name changePalletes Gestion Services-Reverse Logistics Solutions
  7. 2017
    Annual accounts 2017205,2 k €↑
  8. 2015
    Annual accounts 201525,5 k €↓
  9. 2014
    Annual accounts 2014123,7 k €↑
  10. 2013
    Annual accounts 2013110,7 k €↑
  11. 2012
    Annual accounts 201285,1 k €↑
  12. 2011
    Annual accounts 201174,3 k €↑
  13. 2010
    Annual accounts 20103,8 k €↑
  14. 2009
    Annual accounts 2009-80,3 k €↑
  15. 2008
    Annual accounts 2008-379,4 k €
  16. 29/01/2007
    IncorporationPublic limited company