What does PGS RDB Pallets do?

PGS RDB Pallets is a wholesaler in Gistel. Private Limited, started on 9 September 2014, 7 establishments.

What is the address of PGS RDB Pallets?

The registered office of PGS RDB Pallets is located at Torhoutse Baan 5 box 2, 8470 Gistel.

Is PGS RDB Pallets still active?

Yes. According to the CBE (29 October 2026) PGS RDB Pallets is active, legal situation “Normale toestand”, started on 9 September 2014.

Is PGS RDB Pallets registered on Peppol?

Yes, PGS RDB Pallets is registered on the Peppol network with ID 0208:0561777676.

What is the enterprise number of PGS RDB Pallets?

The enterprise number of PGS RDB Pallets is BE0561777676.

When was PGS RDB Pallets founded?

PGS RDB Pallets was founded on 9 September 2014.

Who are the directors of PGS RDB Pallets?

According to the 2025 annual accounts, the directors of PGS RDB Pallets are: Luc Grauwet BV, Iment BV, Grauwet Roger BV.

Is PGS RDB Pallets a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 9 September 2014; 4 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account; 7 establishments in the CBE.

How much profit did PGS RDB Pallets make in 2025?

PGS RDB Pallets posted a profit after taxes of € 591,168 in financial year 2025.

What is the revenue of PGS RDB Pallets?

In its most recent annual accounts (2025), PGS RDB Pallets reported revenue of € 163,015,953.

How much does an employee at PGS RDB Pallets earn?

The average wage cost per full-time employee at PGS RDB Pallets was € 104,200 in 2025: staff costs of € 4.4 million for 42.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does PGS RDB Pallets have?

According to the 2025 annual accounts, PGS RDB Pallets has 42.2 full-time equivalents (FTE).

PGS RDB Pallets (Private Limited) - Gistel - BE0561777676

Dossier PGS RDB Pallets, printed on 29 October 2026 from databakkes.be/en/0561777676/pgs-rdb-pallets. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Busy address KBO

21 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

PGS RDB Pallets from Gistel, company number BE0561777676, closed financial year 2025 with a result of € 591,168 after tax. For that financial year PGS RDB Pallets recorded revenue of € 163 million and equity of € 5.7 million. Compared with financial year 2024, the result moved from € 628,587 to € 591,168. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 10, 2026.

What it is worth Growing

€ 5.7 million

▲ 12% vs 2024

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

Profit Healthy

€ 591,168

▼ 6% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 8.4 million

▲ € 7.4 million 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 € 4.7 million.

People and assets in 2025

Full-time equivalents

42.2

▲ 3.5 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: € 16.8 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 4.4 million

▲ 3% vs 2024

€ 104,200 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

€ 336,959

▼ 59% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 11 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.

€ 25.5 million

▼ 20% vs 2024

€ 2.3 million is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.

Owed to suppliers

€ 24.8 million

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 62 days on average.

Taxes and wages

€ 3 million

▲ € 2.3 million 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	€ 274,366,124 Revenue 2022: € 274,366,124 First fiscal year in the series	€ 169,286,783 Revenue 2023: € 169,286,783 ▼ 38% vs 2022 (€ 274,366,124) Unfavourable step	€ 141,643,425 Revenue 2024: € 141,643,425 ▼ 16% vs 2023 (€ 169,286,783) Unfavourable step	€ 163,015,953 Revenue 2025: € 163,015,953 ▲ 15% vs 2024 (€ 141,643,425) Favourable step	▲ 15%
Profit after taxes	€ 1,072,165 Profit after taxes 2022: € 1,072,165 First fiscal year in the series	€ 1,191,465 Profit after taxes 2023: € 1,191,465 ▲ 11% vs 2022 (€ 1,072,165) Favourable step	€ 628,587 Profit after taxes 2024: € 628,587 ▼ 47% vs 2023 (€ 1,191,465) Unfavourable step	€ 591,168 Profit after taxes 2025: € 591,168 ▼ 6% vs 2024 (€ 628,587) Unfavourable step	▼ 6%
Equity	€ 3,317,665 Equity 2022: € 3,317,665 First fiscal year in the series	€ 4,477,329 Equity 2023: € 4,477,329 ▲ 35% vs 2022 (€ 3,317,665) Favourable step	€ 5,105,916 Equity 2024: € 5,105,916 ▲ 14% vs 2023 (€ 4,477,329) Favourable step	€ 5,697,084 Equity 2025: € 5,697,084 ▲ 12% vs 2024 (€ 5,105,916) Favourable step	▲ 12%
Total debts	€ 67,782,110 Total debts 2022: € 67,782,110 First fiscal year in the series	€ 60,316,451 Total debts 2023: € 60,316,451 ▼ 11% vs 2022 (€ 67,782,110) Favourable step	€ 60,307,772 Total debts 2024: € 60,307,772 Unchanged (€ 60,316,451) Favourable step	€ 61,517,208 Total debts 2025: € 61,517,208 ▲ 2% vs 2024 (€ 60,307,772) Unfavourable step	▲ 2%
Cash	€ 7,692,763 Cash 2022: € 7,692,763 First fiscal year in the series	€ 17,774,947 Cash 2023: € 17,774,947 ▲ 131% vs 2022 (€ 7,692,763) Favourable step	€ 1,003,369 Cash 2024: € 1,003,369 ▼ 94% vs 2023 (€ 17,774,947) Unfavourable step	€ 8,390,249 Cash 2025: € 8,390,249 ▲ € 7.4 million vs 2024 (€ 1,003,369) Favourable step	▲ € 7.4 million
Retained profit	€ 2,317,665 Retained profit 2022: € 2,317,665 First fiscal year in the series	€ 3,477,329 Retained profit 2023: € 3,477,329 ▲ 50% vs 2022 (€ 2,317,665) Favourable step	€ 4,105,916 Retained profit 2024: € 4,105,916 ▲ 18% vs 2023 (€ 3,477,329) Favourable step	€ 4,697,084 Retained profit 2025: € 4,697,084 ▲ 14% vs 2024 (€ 4,105,916) Favourable step	▲ 14%
Bank debt	€ 26,128,003 Bank debt 2022: € 26,128,003 First fiscal year in the series	€ 27,831,845 Bank debt 2023: € 27,831,845 ▲ 7% vs 2022 (€ 26,128,003) Unfavourable step	€ 31,849,757 Bank debt 2024: € 31,849,757 ▲ 14% vs 2023 (€ 27,831,845) Unfavourable step	€ 25,548,060 Bank debt 2025: € 25,548,060 ▼ 20% vs 2024 (€ 31,849,757) Favourable step	▼ 20%
Balance sheet total	€ 71,099,775 Balance sheet total 2022: € 71,099,775 First fiscal year in the series	€ 64,793,780 Balance sheet total 2023: € 64,793,780 ▼ 9% vs 2022 (€ 71,099,775) Unchanged	€ 65,413,688 Balance sheet total 2024: € 65,413,688 ▲ 1% vs 2023 (€ 64,793,780) Unchanged	€ 67,214,292 Balance sheet total 2025: € 67,214,292 ▲ 3% vs 2024 (€ 65,413,688) Unchanged	▲ 3%
Employees (FTE)	33.9 Employees (FTE) 2022: 33.9 First fiscal year in the series	40 Employees (FTE) 2023: 40 ▲ 6.1 vs 2022 (33.9) Unchanged	38.7 Employees (FTE) 2024: 38.7 ▼ 1.3 vs 2023 (40) Unchanged	42.2 Employees (FTE) 2025: 42.2 ▲ 3.5 vs 2024 (38.7) Unchanged	▲ 3.5

Key figures of PGS RDB 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 RDB Pallets?

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

Apr 10, 2026 New annual accounts for financial year 2025: profit of € 591,168 (▼ 6% vs 2024). Source: NBB ↗
2023 Luc Grauwet BV became a director. NBB
2023 Iment BV became a director. NBB
2023 Grauwet Roger BV became a director. NBB
Jan 1, 2023 New establishment in Gistel. KBO
Jan 1, 2023 New establishment in Oostende. KBO
Jan 1, 2022 New establishment in Ieper. KBO
Jan 1, 2022 New establishment in Ieper. KBO

In short

From € 1.1 million profit in 2022 to € 591,168 profit in 2025.

Paid € 1.2 million in corporate taxes since 2022.

Best year ever: 2023, with € 1.2 million profit.

Pays suppliers within 62 days on average.

Original PDFs at the National Bank ↗

Management

PGS De Backer Pallets 50%

PGS RODANAR PALLETS 50%

The stake of PGS De Backer Pallets, PGS RODANAR PALLETS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

PGS RDB Pallets

PGS Special Packaging 100%

PGS Demey 100%

PGS Recon 100%

PGS REC Belgium 100%

Behind PGS RDB Pallets are Luc Grauwet BV, Iment BV and Grauwet Roger BV. The shares are held by PGS De Backer Pallets (50%) and PGS RODANAR PALLETS (50%). It owns 100% of PGS Special Packaging, 100% of PGS Demey, 100% of PGS Recon, 100% of PGS REC Belgium, 80% of PGS Maton and 66.7% of PGS RDB Baltic itself.