Active · per the CBE, 16 September 2026

Pittsburgh Corning Europe

BE0401338785

Rechtspersoon Public limited company 1 establishment

Pittsburgh Corning Europe is registered with the CBE as active in: Vervaardiging en bewerking van overig glas, inclusief technisch glaswerk. Public Limited, started on 9 April 1963, 1 establishment.

Albertkade 1, 3980 Tessenderlo-Ham

Active for

63 year, 5 months

Financials

Financial year 2025

Pittsburgh Corning Europe from Tessenderlo-Ham, company number BE0401338785, closed financial year 2025 with a result of € 16.7 million after tax. For that financial year Pittsburgh Corning Europe recorded revenue of € 170.8 million and equity of € 132.2 million. Compared with financial year 2024, the result moved from € 32.1 million to € 16.7 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.

What it is worth Growing

€ 132.2 million

▲ 14% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 16.7 million

▼ 48% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 20.1 million

▼ 58% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 129.8 million.

People and assets in 2025

Full-time equivalents

343

▲ 3.5 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 34 million

▲ 4% vs 2024

€ 99,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 137,250

▼ 23% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 3.4 million

▼ 35% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 35.2 million

▲ 4% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 108 days on average.

Taxes and wages

€ 7.9 million

▲ 3% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue € 116,493,493 € 127,541,954 € 176,070,737 € 170,751,650 ▼ 3%
Profit after taxes € 14,380,620 € 21,623,616 € 32,050,489 € 16,678,518 ▼ 48%
Equity € 86,825,982 € 83,449,598 € 115,500,087 € 132,178,605 ▲ 14%
Total debts € 50,251,848 € 71,318,257 € 49,704,625 € 48,776,082 ▼ 2%
Cash € 42,953,552 € 41,330,851 € 47,859,424 € 20,133,276 ▼ 58%
Land & buildings € 7,805,875 € 7,447,036 € 7,028,761 € 6,723,281 ▼ 4%
Retained profit € 84,409,020 € 81,032,636 € 113,083,125 € 129,761,643 ▲ 15%
Dividend € 0 € 25,000,000 € 0 € 0
Bank debt € 3,757,490 € 2,369,424 € 5,325,313 € 3,438,937 ▼ 35%
Balance sheet total € 137,116,899 € 154,772,272 € 165,270,092 € 181,012,522 ▲ 10%
Employees (FTE) 364.2 352.6 339.5 343 ▲ 3.5

Key figures of Pittsburgh Corning Europe, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to Pittsburgh Corning Europe?

What happened at Pittsburgh Corning Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • Philip Maes stepped down as director. NBB
  • Axelle Nyst stepped down as director. NBB
  • Jan Coerts stepped down as director. NBB
  • New annual accounts for financial year 2025: profit of € 16.7 million (▼ 48% vs 2024). Source: NBB ↗
  • Xavier Notard stepped down as director. NBB
  • Axelle Nyst became a director. NBB
  • Philip Maes became a director. NBB
  • Jan Coerts became a director. NBB

In short

From € 14.4 million profit in 2022 to € 16.7 million profit in 2025.

Paid € 15.6 million in corporate taxes since 2022.

Best year ever: 2024, with € 32.1 million profit.

Paid out € 25 million in dividends to the owners in total.

Management

The stake of EUROPEAN OWENS CORNING FIBERGLAS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Pittsburgh Corning Europe
Pittsburgh Corning Nederland BV 100%
Pittsburgh Corning Ceska Republika, s.r.o 100%
Foamglas Nordic AB 100%
Pittsburgh Corning (Schweiz) AG 100%
+4

The shares are held by EUROPEAN OWENS CORNING FIBERGLAS (100%). It owns 100% of Pittsburgh Corning Nederland BV, 100% of Pittsburgh Corning Ceska Republika, s.r.o, 100% of Foamglas Nordic AB, 100% of Pittsburgh Corning (Schweiz) AG, 100% of Foamglas (Italy) SA and 100% of Deutsche Foamglas Gbmh itself.

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Directors

According to the 2025 annual accounts

Philip Maes

Director

Also active at: Advocatenkantoor Philip Maes

since 2019 · until 2031

Xavier Notard

Director

since 2017 · until 2025

Jan Coerts

Director

since 2019 · until 2031

Axelle Nyst

Director

since 2025 · until 2031

Participations

Pittsburgh Corning Nederland BV

100%

Pittsburgh Corning Ceska Republika, s.r.o

100%

Foamglas Nordic AB

100%

Pittsburgh Corning (Schweiz) AG

100%

Foamglas (Italy) SA

100%

Deutsche Foamglas Gbmh

100%

Pittsburgh Corning France SA

100%

Pittsburgh Corning Gesellschaft

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Albertkade 1

3980 Tessenderlo-Ham

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0401.338.785
VAT number
BE 0401.338.785
Registered office
Albertkade 1, 3980 Tessenderlo-Ham
Names & denominations
Pittsburgh Corning Europe
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
9 April 1963
Peppol
Active · Active since 16 Jan 2026
Activities · NACE

Vervaardiging en bewerking van overig glas, inclusief technisch glaswerk

Vervaardiging en bewerking van ander glas (inclusief technisch glaswerk)

Groothandel in bouwmaterialen, algemeen assortiment

Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair

Frequently asked questions

What does Pittsburgh Corning Europe do?
Pittsburgh Corning Europe is registered with the CBE as active in: Vervaardiging en bewerking van overig glas, inclusief technisch glaswerk. Public Limited, started on 9 April 1963, 1 establishment.
What is the address of Pittsburgh Corning Europe?
The registered office of Pittsburgh Corning Europe is located at Albertkade 1, 3980 Tessenderlo-Ham.
Is Pittsburgh Corning Europe still active?
Yes. According to the CBE (16 September 2026) Pittsburgh Corning Europe is active, legal situation “Normale toestand”, started on 9 April 1963.
Is Pittsburgh Corning Europe registered on Peppol?
Yes, Pittsburgh Corning Europe is registered on the Peppol network with ID 0208:0401338785.
What is the enterprise number of Pittsburgh Corning Europe?
The enterprise number of Pittsburgh Corning Europe is BE0401338785.
When was Pittsburgh Corning Europe founded?
Pittsburgh Corning Europe was founded on 9 April 1963.