What does PETERSIME do?

PETERSIME is a machinery manufacturer in Zulte. Public Limited, started on 31 October 1929, 5 establishments.

What is the address of PETERSIME?

The registered office of PETERSIME is located at Centrumstraat 125, 9870 Zulte.

Is PETERSIME still active?

Yes. According to the CBE (31 October 2026) PETERSIME is active, legal situation “Normale toestand”, started on 31 October 1929.

Is PETERSIME registered on Peppol?

Yes, PETERSIME is registered on the Peppol network with ID 0208:0404527612.

What is the enterprise number of PETERSIME?

The enterprise number of PETERSIME is BE0404527612.

When was PETERSIME founded?

PETERSIME was founded on 31 October 1929.

Who are the directors of PETERSIME?

According to the 2025 annual accounts, the directors of PETERSIME are: PDEGRAEVE BV, Jeremy Paul ABSON, Paul DE GRAEVE, J.J. DE BRUIJN .

Is PETERSIME a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 31 October 1929; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account; 5 establishments in the CBE.

How much profit did PETERSIME make in 2025?

PETERSIME posted a profit after taxes of € 34,378,566 in financial year 2025.

What is the revenue of PETERSIME?

In its most recent annual accounts (2025), PETERSIME reported revenue of € 138,918,137.

How much does an employee at PETERSIME earn?

The average wage cost per full-time employee at PETERSIME was € 85,700 in 2025: staff costs of € 19.5 million for 227.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does PETERSIME have?

According to the 2025 annual accounts, PETERSIME has 227.1 full-time equivalents (FTE).

PETERSIME (Public Limited) - Zulte - BE0404527612

Dossier PETERSIME, printed on 31 October 2026 from databakkes.be/en/0404527612/petersime. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Figures corrected NBB

Corrected annual account filed for 2023.
Board fully replaced NBB

No director from three years ago is still active according to annual account 2025.

Financials

Financial year 2025

PETERSIME from Zulte, company number BE0404527612, closed financial year 2025 with a result of € 34.4 million after tax. For that financial year PETERSIME recorded revenue of € 138.9 million and equity of € 23.5 million. Compared with financial year 2024, the result moved from € 17.2 million to € 34.4 million. Profitable, and profit is growing. The buffer shrank hard: equity is 55 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 24, 2026.

What it is worth Shrank hard

€ 23.5 million

▼ 55% vs 2024

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

Profit Growing

€ 34.4 million

▲ 100% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 7.1 million

▼ 22% vs 2024

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

Where the profit goes Pays out

€ 62.5 million paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

227.1

▲ 8.4 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 29.6 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 19.5 million

▲ 10% vs 2024

€ 85,700 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

€ 445,570

▼ 5% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 8.3 million

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 9.4 million

▲ 10% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 44 days on average.

Taxes and wages

€ 5.7 million

▲ 32% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 86,718,127 Revenue 2022: € 86,718,127 First fiscal year in the series	€ 86,829,179 Revenue 2023: € 86,829,179 Unchanged (€ 86,718,127) Favourable step	€ 95,523,694 Revenue 2024: € 95,523,694 ▲ 10% vs 2023 (€ 86,829,179) Favourable step	€ 138,918,137 Revenue 2025: € 138,918,137 ▲ 45% vs 2024 (€ 95,523,694) Favourable step	▲ 45%
Profit after taxes	€ 6,527,511 Profit after taxes 2022: € 6,527,511 First fiscal year in the series	€ 10,388,934 Profit after taxes 2023: € 10,388,934 ▲ 59% vs 2022 (€ 6,527,511) Favourable step	€ 17,226,780 Profit after taxes 2024: € 17,226,780 ▲ 66% vs 2023 (€ 10,388,934) Favourable step	€ 34,378,566 Profit after taxes 2025: € 34,378,566 ▲ 100% vs 2024 (€ 17,226,780) Favourable step	▲ 100%
Equity	€ 49,858,452 Equity 2022: € 49,858,452 First fiscal year in the series	€ 51,247,386 Equity 2023: € 51,247,386 ▲ 3% vs 2022 (€ 49,858,452) Favourable step	€ 51,774,166 Equity 2024: € 51,774,166 ▲ 1% vs 2023 (€ 51,247,386) Favourable step	€ 23,466,732 Equity 2025: € 23,466,732 ▼ 55% vs 2024 (€ 51,774,166) Unfavourable step	▼ 55%
Total debts	€ 37,889,300 Total debts 2022: € 37,889,300 First fiscal year in the series	€ 42,129,910 Total debts 2023: € 42,129,910 ▲ 11% vs 2022 (€ 37,889,300) Unfavourable step	€ 40,185,340 Total debts 2024: € 40,185,340 ▼ 5% vs 2023 (€ 42,129,910) Favourable step	€ 67,574,828 Total debts 2025: € 67,574,828 ▲ 68% vs 2024 (€ 40,185,340) Unfavourable step	▲ 68%
Cash	€ 12,806,240 Cash 2022: € 12,806,240 First fiscal year in the series	€ 14,666,575 Cash 2023: € 14,666,575 ▲ 15% vs 2022 (€ 12,806,240) Favourable step	€ 9,105,847 Cash 2024: € 9,105,847 ▼ 38% vs 2023 (€ 14,666,575) Unfavourable step	€ 7,065,756 Cash 2025: € 7,065,756 ▼ 22% vs 2024 (€ 9,105,847) Unfavourable step	▼ 22%
Land & buildings	€ 4,030,723 Land & buildings 2022: € 4,030,723 First fiscal year in the series	€ 3,767,083 Land & buildings 2023: € 3,767,083 ▼ 7% vs 2022 (€ 4,030,723) Unchanged	€ 3,446,268 Land & buildings 2024: € 3,446,268 ▼ 9% vs 2023 (€ 3,767,083) Unchanged	€ 4,651,723 Land & buildings 2025: € 4,651,723 ▲ 35% vs 2024 (€ 3,446,268) Unchanged	▲ 35%
Retained profit	€ 49,108,452 Retained profit 2022: € 49,108,452 First fiscal year in the series	€ 50,497,386 Retained profit 2023: € 50,497,386 ▲ 3% vs 2022 (€ 49,108,452) Favourable step	€ 51,024,166 Retained profit 2024: € 51,024,166 ▲ 1% vs 2023 (€ 50,497,386) Favourable step	€ 22,716,732 Retained profit 2025: € 22,716,732 ▼ 55% vs 2024 (€ 51,024,166) Unfavourable step	▼ 55%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 9,000,000 Dividend 2023: € 9,000,000 Unchanged (€ 0) Unchanged	€ 16,700,000 Dividend 2024: € 16,700,000 ▲ 86% vs 2023 (€ 9,000,000) Unchanged	€ 62,500,000 Dividend 2025: € 62,500,000 ▲ 274% vs 2024 (€ 16,700,000) Unchanged	▲ 274%
Bank debt	€ 833,334 Bank debt 2022: € 833,334 First fiscal year in the series	€ 0 Bank debt 2023: € 0 ▼ 100% vs 2022 (€ 833,334) Favourable step	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged	€ 8,280,144 Bank debt 2025: € 8,280,144 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 89,662,418 Balance sheet total 2022: € 89,662,418 First fiscal year in the series	€ 95,627,913 Balance sheet total 2023: € 95,627,913 ▲ 7% vs 2022 (€ 89,662,418) Unchanged	€ 94,466,418 Balance sheet total 2024: € 94,466,418 ▼ 1% vs 2023 (€ 95,627,913) Unchanged	€ 96,710,090 Balance sheet total 2025: € 96,710,090 ▲ 2% vs 2024 (€ 94,466,418) Unchanged	▲ 2%
Employees (FTE)	218.5 Employees (FTE) 2022: 218.5 First fiscal year in the series	231.4 Employees (FTE) 2023: 231.4 ▲ 12.9 vs 2022 (218.5) Unchanged	218.7 Employees (FTE) 2024: 218.7 ▼ 12.7 vs 2023 (231.4) Unchanged	227.1 Employees (FTE) 2025: 227.1 ▲ 8.4 vs 2024 (218.7) Unchanged	▲ 8.4

Key figures of PETERSIME, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 June 2027.

What happened to PETERSIME?

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

2026 Jeremy Paul ABSON stepped down as director. NBB
2026 J.J. DE BRUIJN stepped down as director. NBB
May 1, 2026 New establishment in Kruisem. KBO
Apr 24, 2026 New annual accounts for financial year 2025: profit of € 34.4 million (▲ 100% vs 2024). Source: NBB ↗
Oct 23, 2025 New establishment in Zulte. KBO
2025 PDEGRAEVE BV became a director. NBB
2025 Paul DE GRAEVE stepped down as director. NBB
May 1, 2023 New establishment in Zulte. KBO

In short

From € 6.5 million profit in 2022 to € 34.4 million profit in 2025.

Paid € 13.2 million in corporate taxes since 2022.

Best year ever: 2025, with € 34.4 million profit.

Paid out € 88.2 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

PDEGRAEVE BV

PETERSIME

Petersime Logistics Inc

Chick Master Holdings Ltd.

Petersime Hatchery technologies (Tian jin) Co., Ltd

Petersime OOO

Behind PETERSIME is PDEGRAEVE BV. It owns Petersime Logistics Inc, Chick Master Holdings Ltd., Petersime Hatchery technologies (Tian jin) Co., Ltd, Petersime OOO, Petersime Approved BV and Petersime SouthEast Asia Sdn. Bhd. itself.

Directors

According to the 2025 annual accounts

PDEGRAEVE BV

Toezichthouder · represented by Paul Degraeve

since 2025

Jeremy Paul ABSON

Toezichthouder

since 2020 · until 2026

Paul DE GRAEVE

Toezichthouder

since 2020 · until 2025

J.J. DE BRUIJN

Toezichthouder

since 2020 · until 2026

Establishments

Establishment units

Physical locations of this company

Registered office

Centrumstraat 125

9870 Zulte

2.389.068.923

Dries 8

9870 Zulte

Active since 23 October 2025

2.389.069.022

Groenedreef(KRU) 3

9770 Kruisem

Active since 1 May 2026

2.389.069.715

Dries 4

9870 Zulte

Active since 1 June 2019

2.389.070.210

Dries 5

9870 Zulte

Active since 1 May 2023

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

Vulcaan Commerciale et Maritime

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

Details

Company number

0404.527.612

VAT number

BE 0404.527.612

Registered office

Centrumstraat 125, 9870 Zulte

Names & denominations

PETERSIME

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

31 October 1929

Peppol

Active · Active since 15 Dec 2025

Activities · NACE

Vervaardiging van machines voor de landbouw en de bosbouw

Vervaardiging van overige machines voor de landbouw en de bosbouw

View on CBE Public ↗ Annual accounts (NBB) ↗

PETERSIME

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Financials

What happened to PETERSIME?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions