ACTIVE

Picas

Financial year 2026 · Closed on 31/03/2026

Net result333,9 k €+113,4 %over 1 year

Gross margin723,7 k €+50,2 %over 1 year

Equity4,4 M €+8,2 %over 1 year

Identity

Source · BCE/KBO

Picas is a Public limited company incorporated in 1985. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Niel.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0428.038.630
Incorporation: 14/02/1985
Legal form: Public limited company
Registered office: Matenstraat 208
2845 Niel · FlandreSee on map
Contributed capital: 62 000,00 €
Latest accounts: 31/03/2026

Activities (NACE)

68203Rental and operating of own or leased real estate· main 68203Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2026		2025		2024		2023		2022
Income statement
Gross margin	723,7 k €	+50.2%	481,9 k €	-5.6%	510,5 k €	+0.8%	506,2 k €	-17.8%	615,6 k €
EBITDA	653,9 k €	+61.9%	404 k €	-9.7%	447,2 k €	+0.3%	445,8 k €	-18.8%	549,1 k €
Operating result	482,6 k €	+122%	217,2 k €	-22.4%	279,9 k €	+2.4%	273,3 k €	-27.8%	378,6 k €
Net result	333,9 k €	+113%	156,5 k €	-18.5%	191,9 k €	+3.8%	184,8 k €	-30.4%	265,6 k €
Balance sheet
Equity	4,4 M €	+8.2%	4,1 M €	+5.2%	3,9 M €	+5.2%	3,7 M €	-0.4%	3,7 M €
Total assets	5,2 M €	+5.0%	5 M €	-4.1%	5,2 M €	-3.4%	5,4 M €	-2.8%	5,5 M €
Cash	319,5 k €	-15.8%	379,6 k €	-17.6%	460,5 k €	-10.2%	512,7 k €	-22.7%	662,9 k €
Debts	543 k €	-10.2%	604,6 k €	-35.8%	942 k €	-28.2%	1,3 M €	-9.0%	1,4 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/03/2026

2 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Lars Voordeckers	Managing directorDirector2023 accountsended
RIGGIN0457.424.383Represented by Erik Verkest	Managing directorDirector2015 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Dino Naegels	Director2023 accounts

Other companies at this address

Matenstraat 208 2845 Niel

Company	CBE no.
Nielse Kapittel Steenbakkerij● Liquidation	0403.678.564

Full financial information

Source · NBB

	2026	2025	2024	2023	2022	2021
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/04/2025	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020
Closing of the financial year	31/03/2026	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/09/2026	08/09/2025	19/09/2024	28/09/2023	03/10/2022	28/09/2021
General meeting	01/09/2026	18/07/2025	03/09/2024	05/09/2023	06/09/2022	07/09/2021
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	31/03/2026	01/09/2026	30/09/2026	Dutch	PDF
Abridged model	31/03/2025	18/07/2025	08/09/2025	Dutch	PDF
Abridged model	31/03/2024	03/09/2024	19/09/2024	Dutch	PDF
Abridged model	31/03/2023	05/09/2023	28/09/2023	Dutch	PDF
Abridged model	31/03/2022	06/09/2022	03/10/2022	Dutch	PDF
Abridged model	31/03/2021	07/09/2021	28/09/2021	Dutch	PDF
Abridged model	31/03/2020	01/09/2020	14/09/2020	Dutch	PDF
Abridged model	31/03/2019	28/06/2019	10/07/2019	Dutch	PDF
Abridged model	31/03/2018	04/09/2018	11/09/2018	Dutch	PDF
Abridged model	31/03/2017	30/06/2017	18/08/2017	Dutch	PDF
Abridged model	31/03/2016	24/06/2016	29/07/2016	Dutch	PDF
Abridged model	31/03/2015	26/06/2015	23/07/2015	Dutch	PDF
Abridged model	31/03/2014	27/06/2014	17/11/2014	Dutch	PDF
Abridged model	31/03/2013	28/06/2013	19/09/2013	Dutch	PDF
Abridged model	31/03/2012	29/06/2012	18/09/2012	Dutch	PDF
Abridged model	31/03/2011	02/09/2011	18/10/2011	Dutch	PDF
Abridged model	31/03/2010	25/06/2010	13/09/2010	Dutch	PDF
Abridged model	31/03/2009	01/09/2009	22/09/2009	Dutch	PDF
Abridged model	31/03/2008	27/06/2008	24/07/2008	Dutch	PDF
Abridged model	31/03/2007	29/06/2007	27/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/03/2026

2 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Lars Voordeckers	Managing directorDirector2023 accountsended
RIGGIN0457.424.383Represented by Erik Verkest	Managing directorDirector2015 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Dino Naegels	Director2023 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates08/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/02/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other23/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING
PDF
Mandates21/02/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/12/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/07/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/01/2018
ONTSLAGEN - BENOEMINGEN
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

Filings18 filings

Mandates

RIGGIN

Lars Voordeckers

Dino Naegels

198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

Picas

Matenstraat 208, 2845 Niel

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Matenstraat 208, 2845 NielCurrent	accounts 2022 → 2026	Accounts 2026 · 2026-00536987

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
PicasCurrent	accounts 2022 → 2026	Accounts 2026 · 2026-00536987

Events

2026
Annual accounts 2026333,9 k €↑
2025
Annual accounts 2025156,5 k €↓
2024
Annual accounts 2024191,9 k €↑
2023
Annual accounts 2023184,8 k €↓
2022
Annual accounts 2022265,6 k €↑
2021
Annual accounts 2021180,5 k €↑
2020
Annual accounts 2020107,4 k €↑
2019
Annual accounts 201977 k €↓
2018
Annual accounts 2018644,9 k €↑
2017
Annual accounts 2017576,7 k €↑
2016
Annual accounts 2016399 k €↑
2015
Annual accounts 2015130,2 k €↓
2014
Annual accounts 2014132 k €↑
2013
Annual accounts 2013131,7 k €↓
2012
Annual accounts 2012137,6 k €↑
2011
Annual accounts 201194,7 k €↓
2010
Annual accounts 201097,3 k €↑
2009
Annual accounts 200995,9 k €
14/02/1985
IncorporationPublic limited company

Picas

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