What does PANELTIM do?

PANELTIM is a plastics manufacturer in Lichtervelde. Public Limited, started on 3 October 1988, 1 establishment.

What is the address of PANELTIM?

The registered office of PANELTIM is located at Industrielaan 38, 8810 Lichtervelde.

Is PANELTIM still active?

Yes. According to the CBE (29 October 2026) PANELTIM is active, legal situation “Normale toestand”, started on 3 October 1988.

Is PANELTIM registered on Peppol?

Yes, PANELTIM is registered on the Peppol network with ID 0208:0435453982.

What is the enterprise number of PANELTIM?

The enterprise number of PANELTIM is BE0435453982.

When was PANELTIM founded?

PANELTIM was founded on 3 October 1988.

Who are the directors of PANELTIM?

According to the 2025 annual accounts, the directors of PANELTIM are: Dellies BV, Briltour BV.

Is PANELTIM a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 3 October 1988; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did PANELTIM make in 2025?

PANELTIM posted a profit after taxes of € 1,212,720 in financial year 2025.

What is the revenue of PANELTIM?

In its most recent annual accounts (2025), PANELTIM reported revenue of € 20,334,710.

How much does an employee at PANELTIM earn?

The average wage cost per full-time employee at PANELTIM was € 84,000 in 2025: staff costs of € 4 million for 47.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does PANELTIM have?

According to the 2025 annual accounts, PANELTIM has 47.2 full-time equivalents (FTE).

Does PANELTIM have a website?

Yes, PANELTIM has a website at paneltim.com.

PANELTIM (Public Limited) - Lichtervelde - BE0435453982

Dossier PANELTIM, printed on 29 October 2026 from databakkes.be/en/0435453982/paneltim. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

PANELTIM from Lichtervelde, company number BE0435453982, closed financial year 2025 with a result of € 1.2 million after tax. For that financial year PANELTIM recorded revenue of € 20.3 million and equity of € 10 million. Compared with financial year 2024, the result moved from € 681,293 to € 1.2 million. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.

What it is worth Healthy

€ 10 million

▼ 17% vs 2024

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

Profit Growing

€ 1.2 million

▲ 78% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2.1 million

▼ 26% vs 2024

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

Where the profit goes Pays out

€ 3.3 million paid out

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

People and assets in 2025

Full-time equivalents

47.2

▲ 1.7 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: € 5.9 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 4 million

▲ 8% vs 2024

€ 84,000 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

€ 257,311

▼ 36% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 2.3 million

▲ 140% vs 2024

€ 175,064 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 1.2 million

▲ 46% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 36 days on average.

Wages and social charges

€ 347,179

▲ 3% vs 2024

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 21,423,258 Revenue 2022: € 21,423,258 First fiscal year in the series	€ 16,438,284 Revenue 2023: € 16,438,284 ▼ 23% vs 2022 (€ 21,423,258) Unfavourable step	€ 16,508,147 Revenue 2024: € 16,508,147 Unchanged (€ 16,438,284) Favourable step	€ 20,334,710 Revenue 2025: € 20,334,710 ▲ 23% vs 2024 (€ 16,508,147) Favourable step	▲ 23%
Profit after taxes	€ 1,373,376 Profit after taxes 2022: € 1,373,376 First fiscal year in the series	€ 311,586 Profit after taxes 2023: € 311,586 ▼ 77% vs 2022 (€ 1,373,376) Unfavourable step	€ 681,293 Profit after taxes 2024: € 681,293 ▲ 119% vs 2023 (€ 311,586) Favourable step	€ 1,212,720 Profit after taxes 2025: € 1,212,720 ▲ 78% vs 2024 (€ 681,293) Favourable step	▲ 78%
Equity	€ 11,814,227 Equity 2022: € 11,814,227 First fiscal year in the series	€ 11,745,814 Equity 2023: € 11,745,814 ▼ 1% vs 2022 (€ 11,814,227) Unfavourable step	€ 12,047,107 Equity 2024: € 12,047,107 ▲ 3% vs 2023 (€ 11,745,814) Favourable step	€ 10,009,827 Equity 2025: € 10,009,827 ▼ 17% vs 2024 (€ 12,047,107) Unfavourable step	▼ 17%
Total debts	€ 4,420,423 Total debts 2022: € 4,420,423 First fiscal year in the series	€ 3,642,352 Total debts 2023: € 3,642,352 ▼ 18% vs 2022 (€ 4,420,423) Favourable step	€ 2,544,824 Total debts 2024: € 2,544,824 ▼ 30% vs 2023 (€ 3,642,352) Favourable step	€ 4,640,998 Total debts 2025: € 4,640,998 ▲ 82% vs 2024 (€ 2,544,824) Unfavourable step	▲ 82%
Cash	€ 2,556,743 Cash 2022: € 2,556,743 First fiscal year in the series	€ 2,233,780 Cash 2023: € 2,233,780 ▼ 13% vs 2022 (€ 2,556,743) Unfavourable step	€ 2,853,505 Cash 2024: € 2,853,505 ▲ 28% vs 2023 (€ 2,233,780) Favourable step	€ 2,118,187 Cash 2025: € 2,118,187 ▼ 26% vs 2024 (€ 2,853,505) Unfavourable step	▼ 26%
Retained profit	€ 11,270,677 Retained profit 2022: € 11,270,677 First fiscal year in the series	€ 11,202,264 Retained profit 2023: € 11,202,264 ▼ 1% vs 2022 (€ 11,270,677) Unfavourable step	€ 11,503,557 Retained profit 2024: € 11,503,557 ▲ 3% vs 2023 (€ 11,202,264) Favourable step	€ 9,466,277 Retained profit 2025: € 9,466,277 ▼ 18% vs 2024 (€ 11,503,557) Unfavourable step	▼ 18%
Dividend	€ 1,320,000 Dividend 2022: € 1,320,000 First fiscal year in the series	€ 380,000 Dividend 2023: € 380,000 ▼ 71% vs 2022 (€ 1,320,000) Unchanged	€ 380,000 Dividend 2024: € 380,000 Unchanged (€ 380,000) Unchanged	€ 3,250,000 Dividend 2025: € 3,250,000 ▲ € 2.9 million vs 2024 (€ 380,000) Unchanged	▲ € 2.9 million
Bank debt	€ 1,442,205 Bank debt 2022: € 1,442,205 First fiscal year in the series	€ 1,156,357 Bank debt 2023: € 1,156,357 ▼ 20% vs 2022 (€ 1,442,205) Favourable step	€ 949,934 Bank debt 2024: € 949,934 ▼ 18% vs 2023 (€ 1,156,357) Favourable step	€ 2,277,406 Bank debt 2025: € 2,277,406 ▲ 140% vs 2024 (€ 949,934) Unfavourable step	▲ 140%
Balance sheet total	€ 16,592,611 Balance sheet total 2022: € 16,592,611 First fiscal year in the series	€ 15,712,624 Balance sheet total 2023: € 15,712,624 ▼ 5% vs 2022 (€ 16,592,611) Unchanged	€ 14,993,524 Balance sheet total 2024: € 14,993,524 ▼ 5% vs 2023 (€ 15,712,624) Unchanged	€ 15,002,431 Balance sheet total 2025: € 15,002,431 Unchanged (€ 14,993,524) Unchanged
Employees (FTE)	58.3 Employees (FTE) 2022: 58.3 First fiscal year in the series	52.1 Employees (FTE) 2023: 52.1 ▼ 6.2 vs 2022 (58.3) Unchanged	45.5 Employees (FTE) 2024: 45.5 ▼ 6.6 vs 2023 (52.1) Unchanged	47.2 Employees (FTE) 2025: 47.2 ▲ 1.7 vs 2024 (45.5) Unchanged	▲ 1.7

Key figures of PANELTIM, 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 PANELTIM?

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

2031 Dellies BV stepped down as director. NBB
2031 Briltour BV stepped down as director. NBB
Jun 30, 2026 New annual accounts for financial year 2025: profit of € 1.2 million (▲ 78% vs 2024). Source: NBB ↗
2025 Dellies BV became a director. NBB
2025 Briltour BV became a director. NBB
Oct 19, 1988 New establishment in Lichtervelde. KBO
Oct 3, 1988 Start of the company according to the CBE. KBO

In short

From € 1.4 million profit in 2022 to € 1.2 million profit in 2025.

Paid € 1.3 million in corporate taxes since 2022.

Best year ever: 2022, with € 1.4 million profit.

Paid out € 5.3 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Nele Degrave 50%

TRIDEL 50%

The stake of Nele Degrave, TRIDEL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

PANELTIM

Paneltim USA LLC 100%

The shares are held by Nele Degrave (50%) and TRIDEL (50%). It owns 100% of Paneltim USA LLC itself.

Directors

According to the 2025 annual accounts

Dellies BV

Managing director · represented by Annelies Deltour

since 2025 · until 2031

Briltour BV

Director · represented by Filip Deltour

since 2025 · until 2031

Shareholders

Nele Degrave

50%

TRIDEL

50%

Participations

Paneltim USA LLC

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Industrielaan 38

8810 Lichtervelde

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

Website

HTTPS paneltim.com

Canonical: https://paneltim.com/nl

About

Technologies

Alpine.jsApacheFont Awesomelazysizes

Hosting & Email

Email provider

Microsoft 365

Hosting

HETZNER-AS, DE

Domain

paneltim.com

Registered

2000-02-16

Registrar

Vautron Rechenzentrum AG

Expires

2027-02-16

Website info

HTTPS Ja

Indexable pages 264

Languages NL

Features

Webshop Blog Jobs Contact page

Security

✓ HTTPS

✓ SPF

✓ DMARC

Details

Company number

0435.453.982

VAT number

BE 0435.453.982

Registered office

Industrielaan 38, 8810 Lichtervelde

Names & denominations

PANELTIM

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

3 October 1988

Peppol

Active · Active since 26 Dec 2025

Contact

paneltim.com

Activities · NACE

Vervaardiging van kunststofartikelen voor de bouw

Vervaardiging van kunststofelementen voor de bouw

Groothandel in bouwmaterialen, algemeen assortiment

Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair

View on CBE Public ↗ Annual accounts (NBB) ↗

PANELTIM

Financials

What happened to PANELTIM?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Website

Technologies

Hosting & Email

Domain

Website info

Features

Security

Details

Frequently asked questions