What does METHODE ELECTRONICS BELGIUM do?

METHODE ELECTRONICS BELGIUM is a plastics manufacturer in Lontzen. Public Limited, started on 31 May 1989, 1 establishment.

What is the address of METHODE ELECTRONICS BELGIUM?

The registered office of METHODE ELECTRONICS BELGIUM is located at Rue Zénobe Gramme 9-11, 4710 Lontzen.

Is METHODE ELECTRONICS BELGIUM still active?

Yes. According to the CBE (30 October 2026) METHODE ELECTRONICS BELGIUM is active, legal situation “Normale toestand”, started on 31 May 1989.

Is METHODE ELECTRONICS BELGIUM registered on Peppol?

Yes, METHODE ELECTRONICS BELGIUM is registered on the Peppol network with ID 0208:0437651429.

What is the enterprise number of METHODE ELECTRONICS BELGIUM?

The enterprise number of METHODE ELECTRONICS BELGIUM is BE0437651429.

When was METHODE ELECTRONICS BELGIUM founded?

METHODE ELECTRONICS BELGIUM was founded on 31 May 1989.

Who are the directors of METHODE ELECTRONICS BELGIUM?

According to the 2025 annual accounts, the directors of METHODE ELECTRONICS BELGIUM are: Ronald L.G. Tsoumas, Laura M. Kowalchik, Amit Patel, Jonathan B. DeGaynor, Andrea Jean Barry, Avula Avinash.

Is METHODE ELECTRONICS BELGIUM a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 31 May 1989; 4 annual accounts filed, latest fiscal year 2025; 6 directors known from the annual account.

How much profit did METHODE ELECTRONICS BELGIUM make in 2025?

METHODE ELECTRONICS BELGIUM posted a profit after taxes of € 4,478,694 in financial year 2025.

What is the revenue of METHODE ELECTRONICS BELGIUM?

In its most recent annual accounts (2025), METHODE ELECTRONICS BELGIUM reported revenue of € 36,930,846.

How much does an employee at METHODE ELECTRONICS BELGIUM earn?

The average wage cost per full-time employee at METHODE ELECTRONICS BELGIUM was € 66,100 in 2025: staff costs of € 6.6 million for 99.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does METHODE ELECTRONICS BELGIUM have?

According to the 2025 annual accounts, METHODE ELECTRONICS BELGIUM has 99.4 full-time equivalents (FTE).

Does METHODE ELECTRONICS BELGIUM have a website?

Yes, METHODE ELECTRONICS BELGIUM has a website at procoplast.be.

METHODE ELECTRONICS BELGIUM (Public Limited) - Lontzen

Dossier METHODE ELECTRONICS BELGIUM, printed on 30 October 2026 from databakkes.be/en/0437651429/methode-electronics-belgium. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

METHODE ELECTRONICS BELGIUM from Lontzen, company number BE0437651429, closed financial year 2025 with a result of € 4.5 million after tax. For that financial year METHODE ELECTRONICS BELGIUM recorded revenue of € 36.9 million and equity of € 22.4 million. Compared with financial year 2024, the result moved from € 4.9 million to € 4.5 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 November 30, 2025.

What it is worth Growing

€ 22.4 million

▲ 24% vs 2024

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

Profit Healthy

€ 4.5 million

▼ 8% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 611,651

▼ 35% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 20.1 million.

People and assets in 2025

Full-time equivalents

99.4

▲ 2 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: € 5.7 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 6.6 million

▲ 7% vs 2024

€ 66,100 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

€ 170,127

▲ 63% vs 2024

Of which on lease € 4,026.

Debts at end 2025

Bank debt ≈ 2 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.

€ 4,025

▼ € 3.5 million vs 2024

€ 2,407 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 3.6 million

▲ 16% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 55 days on average.

Taxes and wages

€ 1.2 million

▼ 28% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 28,241,264 Revenue 2022: € 28,241,264 First fiscal year in the series	€ 34,073,124 Revenue 2023: € 34,073,124 ▲ 21% vs 2022 (€ 28,241,264) Favourable step	€ 38,205,476 Revenue 2024: € 38,205,476 ▲ 12% vs 2023 (€ 34,073,124) Favourable step	€ 36,930,846 Revenue 2025: € 36,930,846 ▼ 3% vs 2024 (€ 38,205,476) Unfavourable step	▼ 3%
Profit after taxes	€ 2,477,491 Profit after taxes 2022: € 2,477,491 First fiscal year in the series	€ 3,687,155 Profit after taxes 2023: € 3,687,155 ▲ 49% vs 2022 (€ 2,477,491) Favourable step	€ 4,893,312 Profit after taxes 2024: € 4,893,312 ▲ 33% vs 2023 (€ 3,687,155) Favourable step	€ 4,478,694 Profit after taxes 2025: € 4,478,694 ▼ 8% vs 2024 (€ 4,893,312) Unfavourable step	▼ 8%
Equity	€ 12,218,353 Equity 2022: € 12,218,353 First fiscal year in the series	€ 12,976,380 Equity 2023: € 12,976,380 ▲ 6% vs 2022 (€ 12,218,353) Favourable step	€ 18,034,533 Equity 2024: € 18,034,533 ▲ 39% vs 2023 (€ 12,976,380) Favourable step	€ 22,407,739 Equity 2025: € 22,407,739 ▲ 24% vs 2024 (€ 18,034,533) Favourable step	▲ 24%
Total debts	€ 15,811,773 Total debts 2022: € 15,811,773 First fiscal year in the series	€ 14,160,170 Total debts 2023: € 14,160,170 ▼ 10% vs 2022 (€ 15,811,773) Favourable step	€ 10,805,147 Total debts 2024: € 10,805,147 ▼ 24% vs 2023 (€ 14,160,170) Favourable step	€ 6,739,864 Total debts 2025: € 6,739,864 ▼ 38% vs 2024 (€ 10,805,147) Favourable step	▼ 38%
Cash	€ 3,514,940 Cash 2022: € 3,514,940 First fiscal year in the series	€ 2,164,547 Cash 2023: € 2,164,547 ▼ 38% vs 2022 (€ 3,514,940) Unfavourable step	€ 941,565 Cash 2024: € 941,565 ▼ 57% vs 2023 (€ 2,164,547) Unfavourable step	€ 611,651 Cash 2025: € 611,651 ▼ 35% vs 2024 (€ 941,565) Unfavourable step	▼ 35%
Land & buildings	€ 2,022,368 Land & buildings 2022: € 2,022,368 First fiscal year in the series	€ 1,923,311 Land & buildings 2023: € 1,923,311 ▼ 5% vs 2022 (€ 2,022,368) Unchanged	€ 1,828,868 Land & buildings 2024: € 1,828,868 ▼ 5% vs 2023 (€ 1,923,311) Unchanged	€ 1,705,982 Land & buildings 2025: € 1,705,982 ▼ 7% vs 2024 (€ 1,828,868) Unchanged	▼ 7%
Retained profit	€ 10,013,469 Retained profit 2022: € 10,013,469 First fiscal year in the series	€ 10,700,624 Retained profit 2023: € 10,700,624 ▲ 7% vs 2022 (€ 10,013,469) Favourable step	€ 15,593,935 Retained profit 2024: € 15,593,935 ▲ 46% vs 2023 (€ 10,700,624) Favourable step	€ 20,072,629 Retained profit 2025: € 20,072,629 ▲ 29% vs 2024 (€ 15,593,935) Favourable step	▲ 29%
Dividend	€ 3,000,000 Dividend 2022: € 3,000,000 First fiscal year in the series	€ 3,000,000 Dividend 2023: € 3,000,000 Unchanged (€ 3,000,000) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 3,000,000) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 7,667,519 Bank debt 2022: € 7,667,519 First fiscal year in the series	€ 5,517,709 Bank debt 2023: € 5,517,709 ▼ 28% vs 2022 (€ 7,667,519) Favourable step	€ 3,506,408 Bank debt 2024: € 3,506,408 ▼ 36% vs 2023 (€ 5,517,709) Favourable step	€ 4,025 Bank debt 2025: € 4,025 ▼ € 3.5 million vs 2024 (€ 3,506,408) Favourable step	▼ € 3.5 million
Balance sheet total	€ 28,045,829 Balance sheet total 2022: € 28,045,829 First fiscal year in the series	€ 27,148,792 Balance sheet total 2023: € 27,148,792 ▼ 3% vs 2022 (€ 28,045,829) Unchanged	€ 28,848,850 Balance sheet total 2024: € 28,848,850 ▲ 6% vs 2023 (€ 27,148,792) Unchanged	€ 29,153,699 Balance sheet total 2025: € 29,153,699 ▲ 1% vs 2024 (€ 28,848,850) Unchanged	▲ 1%
Employees (FTE)	100.1 Employees (FTE) 2022: 100.1 First fiscal year in the series	97.8 Employees (FTE) 2023: 97.8 ▼ 2.3 vs 2022 (100.1) Unchanged	97.4 Employees (FTE) 2024: 97.4 ▼ 0.4 vs 2023 (97.8) Unchanged	99.4 Employees (FTE) 2025: 99.4 ▲ 2 vs 2024 (97.4) Unchanged	▲ 2

Key figures of METHODE ELECTRONICS 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 3 December 2026.

What happened to METHODE ELECTRONICS BELGIUM?

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

2031 Laura M. Kowalchik stepped down as director. NBB
2031 Jonathan B. DeGaynor stepped down as director. NBB
Nov 30, 2025 New annual accounts for financial year 2025: profit of € 4.5 million (▼ 8% vs 2024). Source: NBB ↗
2025 Laura M. Kowalchik became a director. NBB
2025 Amit Patel stepped down as director. NBB
2025 Jonathan B. DeGaynor became a director. NBB
2025 Andrea Jean Barry stepped down as director. NBB
2024 Amit Patel became a director. NBB

In short

From € 2.5 million profit in 2022 to € 4.5 million profit in 2025.

Paid € 5.1 million in corporate taxes since 2022.

Best year ever: 2024, with € 4.9 million profit.

Paid out € 6 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

METHODE ELECTRONICS BELGIUIM 200%

The stake of METHODE ELECTRONICS BELGIUIM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

METHODE ELECTRONICS BELGIUM

The shares are held by METHODE ELECTRONICS BELGIUIM (200%).

Directors

According to the 2025 annual accounts

Ronald L.G. Tsoumas

Managing director

Also active at: PROCO-IMMO

since 2022 · until 2024

Laura M. Kowalchik

Managing director

Also active at: PROCO-IMMO, METHODE ELECTRONICS BELGIUIM

since 2025 · until 2031

Amit Patel

Managing director

Also active at: PROCO-IMMO, METHODE ELECTRONICS BELGIUIM

since 2024 · until 2025

Jonathan B. DeGaynor

Managing director

Also active at: PROCO-IMMO

since 2025 · until 2031

Andrea Jean Barry

Director

Also active at: PROCO-IMMO, METHODE ELECTRONICS BELGIUIM

since 2024 · until 2025

Avula Avinash

Director

Also active at: PROCO-IMMO, METHODE ELECTRONICS BELGIUIM

since 2024 · until 2024

Shareholders

METHODE ELECTRONICS BELGIUIM

200%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue Zénobe Gramme 9-11

4710 Lontzen

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

PROCO-IMMO same network

€ 660,726 gross margin · 2025

PROCO-UNITE

METHODE ELECTRONICS BELGIUIM same network

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

Website

HTTPS procoplast.be

Technologies

Adobe FontsAll in One SEOApacheComplianzCookie ConsentGoogle FontsPHPWordPressjQuery

Hosting & Email

Email provider

Self-hosted

Hosting

AMAZON-02 - Amazon.com, Inc., US

DNS

AWS Route 53

Website info

HTTPS Ja

Indexable pages 436

Languages EN

Features

Webshop Contact page

Security

✓ HTTPS

✗ SPF

✓ DMARC

Details

Company number

0437.651.429

VAT number

BE 0437.651.429

Registered office

Rue Zénobe Gramme 9-11, 4710 Lontzen

Names & denominations

METHODE ELECTRONICS BELGIUM

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

31 May 1989

Peppol

Active · Active since 3 Feb 2026

Contact

procoplast.be

Activities · NACE

Vervaardiging van andere producten van kunststof

Vervaardiging van overige producten van kunststof

Vervaardiging van platen, vellen, buizen en profielen van kunststof

View on CBE Public ↗ Annual accounts (NBB) ↗

METHODE ELECTRONICS BELGIUM

Financials

What happened to METHODE ELECTRONICS BELGIUM?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Website

Technologies

Hosting & Email

Website info

Features

Security

Details

Frequently asked questions