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Busy address KBO
21 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PGS RODANAR PALLETS from Gistel, company number BE0420380380, closed financial year 2025 with a result of € 2.3 million after tax. For that financial year PGS RODANAR PALLETS recorded revenue of € 50.5 million and equity of € 10 million. Compared with financial year 2024, the result moved from € 2.6 million to € 2.3 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 April 8, 2026.
€ 10 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.3 million
▼ 13% vs 2024
Profit after tax over the fiscal year.
€ 593,055
▼ 40% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2.3 million paid out
99 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
26.2
▲ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.8 million
▲ 20% vs 2024
€ 67,400 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.
€ 216,153
▲ € 178,118 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.8 million
▲ 10% vs 2024
€ 245,472 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 4.8 million
▲ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 37 days on average.
€ 225,549
▼ 35% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 84,164,102 | € 57,865,681 | € 45,693,900 | € 50,497,688 | ▲ 11% |
| Profit after taxes | € 5,220,031 | € 3,227,111 | € 2,622,581 | € 2,277,340 | ▼ 13% |
| Equity | € 9,877,739 | € 9,910,450 | € 9,958,031 | € 9,985,371 | |
| Total debts | € 19,198,408 | € 9,148,454 | € 8,410,244 | € 9,172,060 | ▲ 9% |
| Cash | € 1,270,500 | € 321,327 | € 984,659 | € 593,055 | ▼ 40% |
| Land & buildings | € 774,819 | € 636,831 | € 508,589 | € 395,551 | ▼ 22% |
| Retained profit | € 9,577,739 | € 9,610,450 | € 9,658,031 | € 9,685,371 | |
| Dividend | € 5,100,000 | € 3,175,000 | € 2,575,000 | € 2,250,000 | ▼ 13% |
| Bank debt | € 7,887,600 | € 1,002,410 | € 1,672,640 | € 1,847,162 | ▲ 10% |
| Balance sheet total | € 29,076,147 | € 19,058,904 | € 18,368,275 | € 19,157,431 | ▲ 4% |
| Employees (FTE) | 21.7 | 21.3 | 24.2 | 26.2 | ▲ 2 |
Key figures of PGS RODANAR PALLETS, 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 April 2027.
What happened to PGS RODANAR PALLETS?
What happened at PGS RODANAR PALLETS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2.3 million (▼ 13% vs 2024). Source: NBB ↗
- Jadal SAS stepped down as director. NBB
- Edfanzac SAS stepped down as director. NBB
- Grauwet Roger BV stepped down as director. NBB
- Graco BV stepped down as director. NBB
- Jadal SAS became a director. NBB
- Edfanzac SAS became a director. NBB
- Grauwet Roger BV became a director. NBB
In short
From € 5.2 million profit in 2022 to € 2.3 million profit in 2025.
Paid € 3.4 million in corporate taxes since 2022.
Best year ever: 2022, with € 5.2 million profit.
Paid out € 13.1 million in dividends to the owners in total.
Management
It owns 100% of Nails Of Flanders and 50% of PGS RDB Pallets itself.
Directors
According to the 2025 annual accounts
Jadal SAS
Director · represented by Jean-Louis Louvel
Also active at: PGS De Backer Pallets, PGS Rec Belgium, PGS Demey
since 2022 · until 2026
since 2022 · until 2026
Managing director · represented by Roger Grauwet
Also active at: PGS De Backer Pallets, PGS MATON, PGS SPECIAL PACKAGING, PGS RDB Pallets, Nails Of Flanders, PGS RECON, PGS Rec Belgium, Demey Ronse +2 more
since 2021 · until 2026
Managing director · represented by Luc Grauwet
Also active at: PGS De Backer Pallets, PGS MATON, White Field Development, PGS SPECIAL PACKAGING, Nails Of Flanders, PGS RECON, PGS Rec Belgium, Demey Ronse +3 more
since 2021 · until 2026
Establishments
Establishment units
Physical locations of this company
Torhoutse Baan 5 box .02
8470 Gistel
Steenovenstraat 9
8470 Gistel
Active since 12 May 1980
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 21 companies are registered at this address.
All companies at this address →FINIMMO 9600
€ 32,627 gross margin · 2025
PGS De Backer Pallets same network
€ 49.3 million revenue · 2025
White Field Development same network
€ 161,870 gross margin · 2025
PGS SPECIAL PACKAGING same network
€ 209,625 gross margin · 2025
PGS RDB Pallets same network
€ 163 million revenue · 2025
+16 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0420.380.380
- VAT number
- BE 0420.380.380
- Registered office
- Torhoutse Baan 5 bus .02, 8470 Gistel
- Names & denominations
- PGS RODANAR PALLETS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 April 1980
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Vervaardiging van houten emballage
Groothandel in hout