ACTIVE

Pglas

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Financial year 2025 · closed on 31/12/2025

Net result

329,3 k €

-37.4% YoY

Gross margin

1,5 M €

-15.1% YoY

Equity

942 k €

-5.2% YoY

Workforce

11,8 ETP

-4.8% YoY

What does Pglas do?

Pglas is a Private limited company incorporated in 2007. Its main activity is: Painting and glazing. Its registered office is in Kasterlee. It employs on average 11,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0894.368.605

Incorporation

20/12/2007

Legal form

Private limited company

Registered office

Kemelbeekstraat 2
2460 Kasterlee · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Average workforce

11,8 ETP

Activities (NACE)

43343Painting and glazing· main 43343Painting and glazing

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	1,5 M €	-15.1%	1,8 M €	+40.7%	1,3 M €	-1.2%	1,3 M €	+33.2%	953,2 k €	+165%	359,7 k €	+16.8%	308 k €	+41.3%	218 k €	-38.9%	356,9 k €	+25.1%	285,3 k €	-16.1%	340,2 k €	+8.1%	314,7 k €	+19.7%	263 k €	-9.0%	289 k €	+24.3%	232,5 k €	+78.2%	130,5 k €	+79.5%	72,7 k €
EBITDA	562,6 k €	-31.1%	816,9 k €	+100%	408,2 k €	-24.7%	541,9 k €	+9.9%	493,3 k €	+389%	100,8 k €	-8.3%	110 k €	+88.1%	58,5 k €	-77.5%	260,1 k €	-0.2%	260,6 k €	-10.2%	290,1 k €	+7.9%	268,8 k €	+19.6%	224,7 k €	-9.7%	248,8 k €	+32.9%	187,3 k €	+44.7%	129,4 k €	+81.9%	71,1 k €
Operating result	431,8 k €	-37.6%	691,9 k €	+136%	292,8 k €	-34.5%	447,1 k €	+15.4%	387,3 k €	+1527%	23,8 k €	-25.2%	31,8 k €	+253%	-20,8 k €	-109%	234 k €	-1.7%	238 k €	-11.2%	268,1 k €	+15.3%	232,5 k €	+26.3%	184,1 k €	-12.5%	210,4 k €	+33.8%	157,3 k €	+55.0%	101,5 k €	+66.1%	61,1 k €
Net result	329,3 k €	-37.4%	526,2 k €	+129%	229,6 k €	-35.3%	355 k €	-13.9%	412,5 k €	+1056%	35,7 k €	-23.5%	46,6 k €	+268%	-27,7 k €	-177%	36 k €	-82.6%	207,2 k €	-8.1%	225,4 k €	+17.8%	191,3 k €	+26.9%	150,8 k €	+7.4%	140,4 k €	+37.0%	102,5 k €	+50.4%	68,1 k €	+36.1%	50,1 k €
Balance sheet
Equity	942 k €	-5.2%	993,5 k €	+9.9%	904,1 k €	+14.4%	790 k €	+10.5%	715 k €	0.0%	715 k €	0.0%	715 k €	0.0%	715 k €	-19.9%	892,7 k €	+4.2%	856,7 k €	+31.9%	649,6 k €	+53.2%	424,1 k €	+82.2%	232,8 k €	+184%	82 k €	-6.4%	87,5 k €	-14.8%	102,7 k €	+197%	34,6 k €
Total assets	1,4 M €	-2.8%	1,5 M €	-2.7%	1,5 M €	+7.1%	1,4 M €	-8.1%	1,5 M €	+80.6%	856,2 k €	+1.0%	847,6 k €	-2.9%	872,9 k €	-16.2%	1 M €	+4.8%	993,3 k €	+18.7%	837,1 k €	+32.2%	633 k €	+31.0%	483,2 k €	+0.3%	481,5 k €	+13.7%	423,7 k €	+30.5%	324,6 k €	+212%	104,2 k €
Cash	346,5 k €	+2.9%	336,6 k €	-8.5%	367,9 k €	+10.4%	333,2 k €	-51.6%	687,8 k €	+540%	107,5 k €	-52.5%	226,6 k €	+154%	89,2 k €	-75.0%	356,6 k €	-8.2%	388,4 k €	+47.5%	263,4 k €	+100%	131,6 k €	-9.3%	145,1 k €	-5.9%	154,1 k €	+14.0%	135,2 k €	+81.1%	74,7 k €	+583%	10,9 k €
Debts	496,9 k €	+2.1%	486,6 k €	-21.1%	616,6 k €	+4.7%	589,2 k €	-29.1%	831,3 k €	+489%	141,2 k €	+6.5%	132,6 k €	-16.0%	157,9 k €	+6.4%	148,4 k €	+8.6%	136,6 k €	-27.1%	187,5 k €	-10.2%	208,8 k €	-16.6%	250,4 k €	-37.3%	399,6 k €	+18.9%	336,1 k €	+51.5%	221,9 k €	+219%	69,6 k €
Other
Workforce	11,8 ETP	-4.8%	12,4 ETP	+10.7%	11,2 ETP	+2.8%	10,9 ETP	+60.3%	6,8 ETP	+65.9%	4,1 ETP	+7.9%	3,8 ETP	+11.8%	3,4 ETP	+70.0%	2,0 ETP	+300%	0,5 ETP	-50.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 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 31/12/2025 · 2 active · 11 ended

Active mandates

MVCON

Director · since 30 mars 2023 · 0716.632.436

Represented by Vos Mats

Active

PRAAD

Director · since 01 juin 2017 · 0674.433.575

Represented by Peter Van Bouwel

Active

Ended mandates

MVCON

Director · since 30 mars 2023 · 0716.632.436

Represented by Mats VOS

Ended

BV PRAAD

Director · since 01 juin 2017

Ended

PRAAD

Director · since 01 juin 2017 · 0674.433.575

Represented by Ruth Renders

Ended

PRAAD

Manager · since 01 juin 2017 · 0674.433.575

Represented by Peter Van Bouwel

Ended

At this address

Other companies at this address

Company	CBE no.
Pglas Eenheid● Active	0678.435.123
PoeMa● Active	0799.695.714
STIG● Active	0799.695.417

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	28/07/2026	23/07/2025	11/07/2024	29/03/2023	27/07/2022	28/07/2021
General meeting	30/06/2026	30/06/2025	30/06/2024	29/03/2023	27/05/2022	28/05/2021
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	28/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	23/07/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	11/07/2024	Dutch	PDF
Abridged model	31/12/2022	29/03/2023	29/03/2023	Dutch	PDF
Abridged model	31/12/2021	27/05/2022	27/07/2022	Dutch	PDF
Abridged model	31/12/2020	28/05/2021	28/07/2021	Dutch	PDF
Abridged model	31/12/2019	29/05/2020	24/09/2020	Dutch	PDF
Abridged model	31/12/2018	31/05/2019	19/07/2019	Dutch	PDF
Abridged model	31/12/2017	25/05/2018	16/07/2018	Dutch	PDF
Abridged model	31/12/2016	26/05/2017	25/07/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	28/07/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	29/06/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	23/06/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	21/06/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	26/07/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	24/06/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	27/07/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	31/07/2009	Dutch	PDF

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 31/12/2025 · 2 active · 11 ended

Active mandates

MVCON

Director · since 30 mars 2023 · 0716.632.436

Represented by Vos Mats

Active

PRAAD

Director · since 01 juin 2017 · 0674.433.575

Represented by Peter Van Bouwel

Active

Ended mandates

MVCON

Director · since 30 mars 2023 · 0716.632.436

Represented by Mats VOS

Ended

BV PRAAD

Director · since 01 juin 2017

Ended

PRAAD

Director · since 01 juin 2017 · 0674.433.575

Represented by Ruth Renders

Ended

PRAAD

Manager · since 01 juin 2017 · 0674.433.575

Represented by Peter Van Bouwel

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other22/09/2026
—
PDF
Mandates26/04/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/06/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/12/2021
ONTSLAGEN - BENOEMINGEN
PDF
Registered office30/10/2017
MAATSCHAPPELIJKE ZETEL
PDF
Mandates27/04/2017
ONTSLAGEN - BENOEMINGEN
PDF
Other02/01/2008
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 2025329,3 k €↓
2024
Annual accounts 2024526,2 k €↑
2023
Annual accounts 2023229,6 k €↓
2022
Annual accounts 2022355 k €↓
2021
Annual accounts 2021412,5 k €↑
2019
Annual accounts 201935,7 k €↓
2018
Annual accounts 201846,6 k €↑
2017
Annual accounts 2017-27,7 k €↓
2016
Annual accounts 201636 k €↓
2015
Annual accounts 2015207,2 k €↓
2014
Annual accounts 2014225,4 k €↑
2013
Annual accounts 2013191,3 k €↑
2012
Annual accounts 2012150,8 k €↑
2011
Annual accounts 2011140,4 k €↑
2010
Annual accounts 2010102,5 k €↑
2009
Annual accounts 200968,1 k €↑
2008
Annual accounts 200850,1 k €
20/12/2007
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

Pglas

Overview

What does Pglas do?

Trend over 17 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