NORMAL SITUATION

ETABLISSEMENTS PICAVET & C°

Company — Normal situation.

Financial year 2024 · Closed on 31/12/2024

Net result481,1 k €-25,2 %over 1 year
Revenue5,9 M €+4,0 %over 1 year
Equity9,4 M €+5,4 %over 1 year
Workforce49,9 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

ETABLISSEMENTS PICAVET & C° is a company registered in Belgium. It employs on average 49,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0405.720.811
Legal form
Public limited company
Contributed capital
62 000,00 €
Latest accounts
31/12/2024
Average workforce
49,9 ETP
Joint committees (3)
  • 140
  • 200
  • 218
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 48 filings

Trend over 15 financial years

20242023202220212020
Income statement
Revenue5,9 M €5,7 M €4,5 M €4 M €3,9 M €
EBITDA744 k €936,8 k €764,4 k €859,9 k €1 M €
Operating result343,7 k €569,8 k €375,9 k €422,8 k €560,8 k €
Net result481,1 k €643,5 k €283,5 k €312,6 k €412,1 k €
Balance sheet
Equity9,4 M €8,9 M €8,9 M €8,7 M €8,6 M €
Total assets11,7 M €12,2 M €12,4 M €10,6 M €10,5 M €
Cash84,2 €354,1 €895 €2,1 k €3,5 k €
Debts2,4 M €3,3 M €3,5 M €1,8 M €1,9 M €
Other
Workforce49,9 ETP49,9 ETP40,9 ETP38,5 ETP38,6 ETP

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 9 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Philippe DOCX
Director12/03/2024 → 07/06/2027

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Alexandre WAUTHELET
Director05/06/2023 → 01/06/2026
Pierre DENIS
Director05/06/2023 → 01/06/2026
Philippe MORSA
Director07/06/2022 → 02/06/2025
CALEXIN0501.595.314Represented by Stefan De Prijcker
Director02/06/2020 → 31/05/2022

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/06/202517/06/202414/06/202315/06/202207/07/202126/06/2020
General meeting02/06/202503/06/202405/06/202307/06/202207/06/202126/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 48 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202402/06/202526/06/2025FrenchPDF
Full model31/12/202303/06/202417/06/2024FrenchPDF
Full model31/12/202205/06/202314/06/2023FrenchPDF
Full model31/12/202107/06/202215/06/2022FrenchPDF
Full model31/12/202007/06/202107/07/2021FrenchPDF
Full model31/12/201926/06/202026/06/2020FrenchPDF
Full model31/12/201821/06/201927/06/2019FrenchPDF
Full model31/12/201728/06/201826/07/2018FrenchPDF
Full model31/12/201629/06/201704/07/2017FrenchPDF
Full model31/12/201506/06/201623/06/2016FrenchPDF
Full model31/12/201401/06/201526/06/2015FrenchPDF
Abridged model31/12/201302/06/201426/06/2014FrenchPDF
Abridged model31/12/201203/06/201302/07/2013DutchPDF
Abridged model31/12/201104/06/201228/06/2012DutchPDF
Abridged model31/12/201006/06/201105/07/2011DutchPDF
Abridged model31/12/200907/06/201007/07/2010DutchPDF
Abridged model31/12/200802/06/200930/06/2009DutchPDF
Abridged model31/12/200702/06/200827/06/2008FrenchPDF
Abridged model31/12/200605/06/200705/07/2007DutchPDF
Abridged model31/12/200505/06/200612/06/2006DutchPDF
Abridged model31/12/200406/06/200516/06/2005DutchPDF
Abridged model31/12/200307/06/200422/06/2004FrenchPDF
Abridged model31/12/200202/06/200301/07/2003DutchPDF
Abridged model31/12/200103/06/200219/06/2002FrenchPDF
Abridged model31/12/200005/06/200115/06/2001DutchPDF
Abridged model31/12/199905/06/200028/06/2000FrenchPDF
Abridged model31/12/199807/06/199914/06/1999FrenchPDF
Abridged model31/12/199702/06/199829/06/1998Dutch—
Abridged model31/12/199602/06/199714/07/1997French—
Abridged model31/12/199503/06/199605/06/1996Dutch—
Abridged model31/12/199406/06/199507/07/1995French—
Abridged model31/12/199306/06/199421/06/1994French—
Abridged model31/12/199207/06/199329/06/1993Dutch—
Abridged model31/12/199101/06/199201/07/1992French—
Abridged model31/12/199003/06/199114/06/1991French—
Abridged model31/12/198905/06/199003/08/1990French—
Abridged model31/12/198806/06/198903/07/1989French—
Abridged model31/12/198706/06/198813/07/1988French—
Abridged model31/12/198601/06/198710/07/1987French—
Abridged model31/12/198516/06/198630/06/1986French—
Abridged model31/12/198403/06/198501/07/1985English—
m900-p31/12/198304/06/198429/06/1984English—
m900-p31/12/198201/01/999905/07/1983English—
m900-p31/12/198107/06/198205/07/1982English—
m900-p31/12/198001/01/999930/06/1981English—
m900-p31/12/197901/01/999916/06/1980English—
m900-p31/12/197801/01/999911/07/1979English—
m900-p31/12/197701/01/999926/12/1978English—

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

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Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 9 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Philippe DOCX
Director12/03/2024 → 07/06/2027

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Alexandre WAUTHELET
Director05/06/2023 → 01/06/2026
Pierre DENIS
Director05/06/2023 → 01/06/2026
Philippe MORSA
Director07/06/2022 → 02/06/2025
CALEXIN0501.595.314Represented by Stefan De Prijcker
Director02/06/2020 → 31/05/2022

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring25/09/2025
    OPERATION ASSIMILEE A UNE FUSION PAR ABSORPTION —
    PDF
  • Other03/07/2025
    DIVERS
    PDF
  • Mandates09/04/2024
    Nomination et démission
    PDF
  • Mandates01/02/2024
    DENOMINATION, STATUTS (TRADUCTION, COORDINATION,
    PDF
  • Mandates27/06/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/09/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/09/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates20/10/2017
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Name
Registered office
Annual accounts
Filings15 filings
Mandates
Philippe DOCX
Pierre DENIS
Alexandre WAUTHELET
Philippe MORSA
CALEXIN
Vlamigin
BUSINORM SPRL
STACA
IMMO KBO
Margareta VAN PEE
200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027
ETABLISSEMENTS PICAVET ET C°
Av. de la Belle Province 47, 1420 Braine-l'Alleud
Director
Director
Director
Director
Director
Director
DirectorManaging director
Director
Managing director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Av. de la Belle Province 47, 1420 Braine-l'Alleud
accounts 2021 → 2024
Accounts 2024 · 2025-00188164

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
ETABLISSEMENTS PICAVET ET C°
accounts 2021 → 2024
Accounts 2024 · 2025-00188164

Events

  1. 2024
    Annual accounts 2024481,1 k €↓
  2. 2023
    Annual accounts 2023643,5 k €↑
  3. 2022
    Annual accounts 2022283,5 k €↓
  4. 2021
    Annual accounts 2021312,6 k €↓
  5. 2020
    Annual accounts 2020412,1 k €↓
  6. 2015
    Annual accounts 2015779,3 k €↓
  7. 2014
    Annual accounts 20141,9 M €↑
  8. 2013
    Annual accounts 2013330,4 k €↓
  9. 2012
    Annual accounts 2012409,2 k €↑
  10. 2011
    Annual accounts 2011389,5 k €↓
  11. 2010
    Annual accounts 2010427,7 k €↑
  12. 2009
    Annual accounts 2009425,6 k €↓
  13. 2008
    Annual accounts 2008650,8 k €↑
  14. 2007
    Annual accounts 2007273,6 k €↓
  15. 2006
    Annual accounts 2006297,2 k €