Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 89.9 to 73.9.
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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
AMPACET BELGIUM from Messancy, company number BE0428477704, closed financial year 2025 with a result of € 2.3 million after tax. For that financial year AMPACET BELGIUM recorded revenue of € 88.2 million and equity of € 72.1 million. Compared with financial year 2024, the result moved from € 9.2 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 July 22, 2026.
€ 72.1 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.3 million
▼ 76% vs 2024
Profit after tax over the fiscal year.
€ 9.6 million
▼ 3% 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 € 39.6 million.
People and assets in 2025
73.9
▼ 2.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 6.4 million
▲ 2% vs 2024
€ 86,900 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.
€ 16,996
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.6 million
Loans from banks and other lenders, long and short.
€ 24.1 million
▲ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 110 days on average.
€ 1.7 million
▼ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 113,079,001 | € 83,671,065 | € 97,755,704 | € 88,162,101 | ▼ 10% |
| Profit after taxes | € -3,072,786 | € 10,033,138 | € 9,239,849 | € 2,262,236 | ▼ 76% |
| Equity | € 61,026,161 | € 68,059,299 | € 69,799,148 | € 72,061,384 | ▲ 3% |
| Total debts | € 96,561,112 | € 103,406,944 | € 92,590,475 | € 97,115,511 | ▲ 5% |
| Cash | € 1,707,256 | € 6,120,195 | € 9,931,965 | € 9,605,478 | ▼ 3% |
| Land & buildings | € 786,777 | € 708,508 | € 756,061 | € 1,071,835 | ▲ 42% |
| Retained profit | € 28,526,432 | € 35,559,570 | € 37,299,420 | € 39,561,655 | ▲ 6% |
| Dividend | € 0 | € 3,000,000 | € 7,500,000 | € 0 | ▼ 100% |
| Bank debt | € 5,204,602 | € 9,807,869 | € 2,600,000 | € 2,600,000 | |
| Balance sheet total | € 165,866,060 | € 171,947,992 | € 162,527,275 | € 169,380,529 | ▲ 4% |
| Employees (FTE) | 134.1 | 89.9 | 76.2 | 73.9 | ▼ 2.3 |
Key figures of AMPACET 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 AMPACET BELGIUM?
What happened at AMPACET 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 € 2.3 million (▼ 76% vs 2024). Source: NBB ↗
- Gary JUSTINIANO became a director. NBB
- Alvaro MENDOZA became a director. NBB
- Marcello BERGAMO became a director. NBB
- New establishment in Messancy. KBO
- Start of the company according to the CBE. KBO
In short
From € 3.1 million loss in 2022 to € 2.3 million profit in 2025.
Paid € 5 million in corporate taxes since 2022.
Best year ever: 2023, with € 10 million profit.
Paid out € 10.5 million in dividends to the owners in total.
Management
Behind AMPACET BELGIUM are Gary JUSTINIANO, Marcello BERGAMO and Alvaro MENDOZA. The shares are held by AMPACET EUROPE SA (100%) and AMPACET INVESTMENT II SRL (0%). It owns 100% of Ampacet UK, 100% of AMPACET POLSKA Sp zoo, 100% of Ampacet Colombia SAS, 100% of Ampacet Peru SAC, 100% of Ampacet Spain Holding S.L and 100% of Ampacet Thailand Co itself.
Directors
According to the 2025 annual accounts
Gary JUSTINIANO
Director
since 2022
Marcello BERGAMO
Director
since 2017
Alvaro MENDOZA
Director
since 2018
Shareholders
AMPACET EUROPE SA
100%
AMPACET INVESTMENT II SRL
0%
Participations
Ampacet UK
100%
AMPACET POLSKA Sp zoo
100%
Ampacet Colombia SAS
100%
Ampacet Peru SAC
100%
Ampacet Spain Holding S.L
100%
Ampacet Thailand Co
100%
Corlex Industria e commércio de produtos Plasticos Ltda.
100%
Ampacet Chile Ltda.
99.9%
Ampacet South America
95%
Ampacet Italia
75%
Ampacet Russia
51%
Establishments
Establishment units
Physical locations of this company
Rue d'Ampacet 1
6780 Messancy
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.
Details
- Company number
- 0428.477.704
- VAT number
- BE 0428.477.704
- Registered office
- Rue d'Ampacet 1, 6780 Messancy
- Names & denominations
- AMPACET BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 January 1986
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Vervaardiging van kunststoffen in primaire vormen
Vervaardiging van platen, vellen, buizen en profielen van kunststof
Vervaardiging van verf, vernis e.d., drukinkt en mastiek
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2
Vervaardiging van verf, vernis ed, drukinkt en mastiek
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)