ACTIVE

PAX

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Financial year 2025 · Closed on 31/12/2025

Net result68,9 k €-62,9 %over 1 year

Gross margin16,9 k €-49,2 %over 1 year

Equity2 M €-3,8 %over 1 year

Workforce0,0 ETP

Identity

Source · BCE/KBO

PAX is a Public limited company incorporated in 1973. Its main activity is: Management consultancy activities. Its registered office is in Herve.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0413.754.587
Incorporation: 15/12/1973
Legal form: Public limited company
Registered office: La Fontaine 217
4654 Herve · WallonieSee on map
Contributed capital: 250 000,00 €
Latest accounts: 31/12/2025
Average workforce: 0,0 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 62010Computer programming activities 62020Computer consultancy activities 62030Computer facilities management activities 62100Computer programming, consultancy and related activities+2

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	16,9 k €	-49.2%	33,2 k €	-62.4%	88,2 k €	+404%	17,5 k €	-82.1%	98 k €
EBITDA	16,3 k €	-46.2%	30,3 k €	-65.6%	87,8 k €	+411%	17,2 k €	-81.9%	95,1 k €
Operating result	428,4 €	-97.7%	18,3 k €	-75.5%	74,7 k €	+47565%	156,7 €	-99.8%	85,9 k €
Net result	68,9 k €	-62.9%	185,7 k €	+188%	64,5 k €	+853%	6,8 k €	-98.0%	340,5 k €
Balance sheet
Equity	2 M €	-3.8%	2,1 M €	+1.7%	2,1 M €	-1.7%	2,1 M €	-6.3%	2,3 M €
Total assets	2,2 M €	-4.5%	2,3 M €	+4.0%	2,2 M €	-3.3%	2,3 M €	-8.0%	2,5 M €
Cash	767,5 k €	+8.0%	710,6 k €	+121%	320,9 k €	-68.4%	1 M €	+1.4%	1 M €
Debts	171,9 k €	-11.4%	193,9 k €	+38.6%	139,9 k €	-21.9%	179,2 k €	-24.1%	236,2 k €
Other
Workforce	0,0 ETP		0,0 ETP		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Anne DEPRESSEUX	Director12/05/2006 → 11/05/2029
Anne-Catherine ALDENHOFF	Director13/05/2005 → 11/05/2029
René Victor ALDENHOFF	Managing director30/05/2017 → 11/05/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
SAMI DIFFUSION0431.271.502Represented by René Victor ALDENHOFF	Managing director01/10/2018 → 2018 accounts
René - Victor ALDENHOFF	Managing director14/05/2011 → 2015 accounts

Other companies at this address

La Fontaine 217 4654 Herve

Company	CBE no.
COMITE DE SOUTIEN DES FROMAGES DE WALLONIE● Active	0430.736.517

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/06/2026	16/05/2025	05/08/2024	31/08/2023	13/06/2022	04/06/2021
General meeting	08/05/2026	09/05/2025	10/05/2024	02/06/2023	04/06/2022	14/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	08/05/2026	09/06/2026	French	PDF
Abridged model	31/12/2024	09/05/2025	16/05/2025	French	PDF
Abridged model	31/12/2023	10/05/2024	05/08/2024	French	PDF
Abridged model	31/12/2022	02/06/2023	31/08/2023	French	PDF
Abridged model	31/12/2021	04/06/2022	13/06/2022	French	PDF
Abridged model	31/12/2020	14/05/2021	04/06/2021	French	PDF
Full model	31/12/2019	08/05/2020	19/05/2020	French	PDF
Full model	31/12/2018	10/05/2019	14/05/2019	French	PDF
Full model	31/12/2017	11/05/2018	14/05/2018	French	PDF
Full model	31/12/2016	30/05/2017	02/06/2017	French	PDF
Full model	31/12/2015	13/05/2016	19/05/2016	French	PDF
Full model	31/12/2014	22/05/2015	27/05/2015	French	PDF
Full model	31/12/2013	05/06/2014	13/06/2014	French	PDF
Full model	31/12/2012	07/06/2013	10/06/2013	French	PDF
Full model	31/12/2011	30/05/2012	04/06/2012	French	PDF
Full model	31/12/2010	26/05/2011	20/07/2011	French	PDF
Full model	31/12/2009	07/05/2010	08/06/2010	French	PDF
Full model	31/12/2008	08/05/2009	23/09/2009	French	PDF
Full model	31/12/2007	09/05/2008	06/06/2008	French	PDF
Full model	31/12/2006	11/05/2007	11/07/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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.

Discover the Business plan

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 31/12/2025

3 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Anne DEPRESSEUX	Director12/05/2006 → 11/05/2029
Anne-Catherine ALDENHOFF	Director13/05/2005 → 11/05/2029
René Victor ALDENHOFF	Managing director30/05/2017 → 11/05/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
SAMI DIFFUSION0431.271.502Represented by René Victor ALDENHOFF	Managing director01/10/2018 → 2018 accounts
René - Victor ALDENHOFF	Managing director14/05/2011 → 2015 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates31/10/2023
DENOMINATION - DEMISSIONS, NOMINATIONS
PDF
Mandates05/10/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates26/11/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates31/05/2018
DEMISSIONS, NOMINATIONS
PDF
Registered office28/06/2017
Extrait du procès verbal de l'assemblée générale ordinaire tenue le 30 mai 2017 au siège social:
PDF
Mandates18/06/2012
DEMISSIONS, NOMINATIONS
PDF
Mandates28/10/2011
DEMISSIONS, NOMINATIONS
PDF
Mandates19/02/2010
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

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Anne-Catherine ALDENHOFF

Anne DEPRESSEUX

René Victor ALDENHOFF

SAMI DIFFUSION

René - Victor ALDENHOFF

Anne- Catherine ALDENHOFF

Anne - Catherine ALDENHOFF

René-Victor ALDENHOFF

197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

PAX

La Fontaine 217, 4654 Charneux

Director

Managing director

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
La Fontaine 217, 4654 CharneuxCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00145596

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
PAXCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00145596

Events

2025
Annual accounts 202568,9 k €↓
2024
Annual accounts 2024185,7 k €↑
2023
Annual accounts 202364,5 k €↑
2022
Annual accounts 20226,8 k €↓
2021
Annual accounts 2021340,5 k €↑
2020
Annual accounts 2020111,7 k €↑
2019
Annual accounts 2019106,1 k €↓
2018
Annual accounts 2018469,4 k €↓
2017
Annual accounts 2017478,8 k €↑
2016
Annual accounts 2016176,7 k €↓
2015
Annual accounts 2015377,6 k €↑
2014
Annual accounts 201486,2 k €↑
2013
Annual accounts 201349,5 k €↑
2012
Annual accounts 20128,3 k €↓
2011
Annual accounts 201162,6 k €↓
2010
Annual accounts 2010134,5 k €↑
2009
Annual accounts 200995,6 k €↓
2008
Annual accounts 2008117,7 k €↓
2007
Annual accounts 2007144,3 k €↓
2006
Annual accounts 2006178,1 k €
15/12/1973
IncorporationPublic limited company

PAX

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events