Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
EUROPEAN MASTER BATCH from Bornem, company number BE0421485289, closed financial year 2025 with a result of € 3.1 million after tax. For that financial year EUROPEAN MASTER BATCH recorded revenue of € 59.3 million and equity of € 8.8 million. Compared with financial year 2024, the result moved from € 4.2 million to € 3.1 million. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
€ 8.8 million
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.1 million
▼ 26% vs 2024
Profit after tax over the fiscal year.
€ 595,115
▲ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2 million paid out
64 % of the profit went to the shareholders, mostly to Sioen Industries (100 % of the shares). That is where the money ends up.
People and assets in 2025
110.3
▲ 2.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 8.1 million
▲ 6% vs 2024
€ 73,500 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.
€ 37,172
▲ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6 million
▲ 62% vs 2024
Loans from banks and other lenders, long and short.
€ 5.6 million
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 44 days on average.
€ 1.6 million
▲ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 60,905,492 | € 52,993,858 | € 53,550,505 | € 59,348,367 | ▲ 11% |
| Profit after taxes | € 4,668,247 | € 4,067,538 | € 4,188,635 | € 3,109,699 | ▼ 26% |
| Equity | € 7,391,799 | € 7,459,338 | € 7,647,973 | € 8,757,672 | ▲ 15% |
| Total debts | € 23,604,338 | € 20,308,504 | € 21,232,986 | € 21,477,350 | ▲ 1% |
| Cash | € 679,723 | € 947,149 | € 489,854 | € 595,115 | ▲ 21% |
| Land & buildings | € 7,397,189 | € 7,140,513 | € 6,941,568 | € 6,711,857 | ▼ 3% |
| Retained profit | € 2,141,799 | € 2,209,338 | € 2,397,973 | € 3,507,672 | ▲ 46% |
| Dividend | € 5,000,000 | € 4,000,000 | € 4,000,000 | € 2,000,000 | ▼ 50% |
| Bank debt | € 3,508,632 | € 3,668,535 | € 3,684,164 | € 5,957,328 | ▲ 62% |
| Balance sheet total | € 31,362,562 | € 28,141,050 | € 29,202,194 | € 30,507,875 | ▲ 4% |
| Employees (FTE) | 121.5 | 114.8 | 108.1 | 110.3 | ▲ 2.2 |
Key figures of EUROPEAN MASTER BATCH, 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 EUROPEAN MASTER BATCH?
What happened at EUROPEAN MASTER BATCH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Pascale SIOEN stepped down as director. NBB
- Daniëlle SIOEN stepped down as director. NBB
- Michèle SIOEN stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3.1 million (▼ 26% vs 2024). Source: NBB ↗
- Wout Verbeke stepped down as director. NBB
- Pascale SIOEN became a director. NBB
- Daniëlle SIOEN became a director. NBB
- Michèle SIOEN became a director. NBB
In short
From € 4.7 million profit in 2022 to € 3.1 million profit in 2025.
Paid € 5.6 million in corporate taxes since 2022.
Best year ever: 2022, with € 4.7 million profit.
Paid out € 15 million in dividends to the owners in total.
Management
The shares are held by Sioen Industries (100%). It owns 100% of Richard sas itself.
Directors
According to the 2025 annual accounts
Pascale SIOEN
Managing director
Also active at: COATEX, Roularta Media Group, SIOEN INDUSTRIES, P. COMPANY, SIHOLD, SIOEN FABRICS, SICORP, SIOEN TECHNICAL FELTS +4 more
since 2024 · until 2030
Daniëlle SIOEN
Director
Also active at: COATEX, D. LANCE, SIOEN FABRICS, SICORP, SIOEN TECHNICAL FELTS, ALCAMI
since 2024 · until 2030
since 2024 · until 2030
Shareholders
100%
Participations
Richard sas
100%
Establishments
Establishment units
Physical locations of this company
Rijksweg(BOR) 15
2880 Bornem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0421.485.289
- VAT number
- BE 0421.485.289
- Registered office
- Rijksweg(BOR) 15, 2880 Bornem
- Names & denominations
- EUROPEAN MASTER BATCH · E.M.B.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 April 1981
- Peppol
- Active · Active since 31 Dec 2025
- Contact
- essenscia.be
- Activities · NACE
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