Financials
Financial year 2025
PEMCO Belgium from Brugge, company number BE0406863233, closed financial year 2025 with a result of € 2.9 million after tax. For that financial year PEMCO Belgium recorded revenue of € 50.9 million and equity of € 32.8 million. Compared with financial year 2024, the result moved from € 3 million to € 2.9 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 July 1, 2026.
€ 32.8 million
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.9 million
▼ 2% vs 2024
Profit after tax over the fiscal year.
€ 3.9 million
▼ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 20.9 million.
People and assets in 2025
116.5
▲ 3.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 14.7 million
▲ 8% vs 2024
€ 126,200 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.
€ 100,053
▲ 106% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 6.3 million
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 70 days on average.
€ 1.6 million
▼ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 57,112,193 | € 56,395,754 | € 50,892,146 | € 50,894,410 | |
| Profit after taxes | € 3,303,256 | € 2,681,299 | € 2,963,729 | € 2,903,780 | ▼ 2% |
| Equity | € 22,963,327 | € 26,983,073 | € 29,895,019 | € 32,775,546 | ▲ 10% |
| Total debts | € 14,793,442 | € 7,700,666 | € 9,954,236 | € 8,203,404 | ▼ 18% |
| Cash | € 2,087,813 | € 534,610 | € 5,217,310 | € 3,850,705 | ▼ 26% |
| Land & buildings | € 427,620 | € 860,299 | € 1,483,045 | € 1,738,788 | ▲ 17% |
| Retained profit | € 11,145,677 | € 15,017,090 | € 17,980,819 | € 20,884,599 | ▲ 16% |
| Dividend | € 4,823,292 | € 0 | € 0 | € 0 | |
| Bank debt | € 2,035,030 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 38,306,325 | € 35,208,039 | € 40,155,729 | € 41,285,424 | ▲ 3% |
| Employees (FTE) | 114.3 | 116.6 | 113.4 | 116.5 | ▲ 3.1 |
Key figures of PEMCO Belgium, 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 PEMCO Belgium?
What happened at PEMCO Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2.9 million (▼ 2% vs 2024). Source: NBB ↗
- Jonathan Cork became a director. NBB
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 3.3 million profit in 2022 to € 2.9 million profit in 2025.
Paid € 1.8 million in corporate taxes since 2022.
Best year ever: 2022, with € 3.3 million profit.
Paid out € 4.8 million in dividends to the owners in total.
Management
Behind PEMCO Belgium is Jonathan Cork. The shares are held by Smalto Belgium (100%).
Directors
According to the 2025 annual accounts
Jonathan Cork
Director
since 2022
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Pathoekeweg 116-118
8000 Brugge
Pathoekeweg 116
8000 Brugge
Active since 1 October 1969
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
DIGITALOCEAN-ASN - DigitalOcean, LLC, US
Domain
Domain
pemcointernational.com
Registered
2022-02-23
Registrar
Combell NV
Expires
2027-02-23
Website info
Features
Security
Details
- Company number
- 0406.863.233
- VAT number
- BE 0406.863.233
- Registered office
- Pathoekeweg 116-118, 8000 Brugge
- Names & denominations
- PEMCO Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 September 1969
- Peppol
- Active · Active since 27 Jan 2026
- Contact
- pemcointernational.com
- Activities · NACE
Vervaardiging van verf, vernis ed, drukinkt en mastiek
Vervaardiging van verf, vernis e.d., drukinkt en mastiek
Vervaardiging van overige anorganische chemische basisproducten
Vervaardiging van andere anorganische chemische basisproducten
Vervaardiging van overige chemische producten
Vervaardiging van andere chemische producten, neg