ACTIVE

PUBLITAN

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Financial year 2025 · closed on 31/12/2025

Net result

74,9 k €

-40.7% YoY

Gross margin

258,7 k €

-20.5% YoY

Equity

2,5 M €

+3.0% YoY

Workforce

0,0 ETP

What does PUBLITAN do?

PUBLITAN is a Public limited company incorporated in 1987. Its main activity is: Dental practice activities. Its registered office is in Tremelo.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0432.644.051

Incorporation

24/11/1987

Legal form

Public limited company

Registered office

Lange Hoevestraat 12 box B
3128 Tremelo · FlandreSee on map

Contributed capital

1 434 297,35 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

86230Dental practice activities· main 86230Dental practice activities 82300Organisation of conventions and trade shows 82300Organisation of conventions and trade shows 82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.

Joint committees (1)

30502

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	258,7 k €	-20.5%	325,6 k €	+6.1%	307 k €	-49.6%	609,7 k €	+137%	257,3 k €	+157%	100 k €	-24.0%	131,6 k €	-11.8%	149,2 k €	+20.7%	123,6 k €	+30.0%	95 k €	-19.9%	118,6 k €	-23.1%	154,2 k €	+44.8%	106,5 k €	-6.7%	114,1 k €	+2.9%	110,9 k €	+12.4%	98,6 k €	-15.5%	116,7 k €	+147%	47,2 k €	-35.2%	72,9 k €
EBITDA	244,9 k €	-22.7%	316,7 k €	+6.9%	296,2 k €	-51.3%	608 k €	+138%	255,2 k €	+158%	99,1 k €	-24.7%	131,6 k €	-11.8%	149,2 k €	+761%	-22,6 k €	-124%	95 k €	-19.9%	118,6 k €	-23.1%	154,2 k €	+44.8%	106,5 k €	-6.7%	114,1 k €	+2.9%	110,9 k €	+12.4%	98,6 k €	-13.7%	114,3 k €	+185%	40,1 k €	-34.6%	61,4 k €
Operating result	104,3 k €	-9.5%	115,3 k €	-37.4%	184,1 k €	-65.5%	533,3 k €	+239%	157,2 k €	+1086%	13,3 k €	-73.9%	50,8 k €	-25.4%	68,1 k €	+170%	-97,4 k €	-895%	-9,8 k €	-536%	2,2 k €	-93.8%	36,3 k €	+422%	-11,3 k €	-347%	4,6 k €	-59.1%	11,2 k €	-13.8%	13 k €	-46.0%	24 k €	+139%	-62,1 k €	-261%	-17,2 k €
Net result	74,9 k €	-40.7%	126,3 k €	-14.8%	148,3 k €	-63.7%	408,6 k €	+248%	117,3 k €	+1091%	9,8 k €	-64.0%	27,3 k €	-39.3%	45,1 k €	+138%	-117,6 k €	-307%	56,8 k €	+993%	-6,4 k €	-156%	11,3 k €	-89.3%	105,6 k €	+415%	-33,6 k €	-91.3%	-17,5 k €	-200%	-5,8 k €	+74.3%	-22,7 k €	-197%	23,5 k €	+151%	-45,8 k €
Balance sheet
Equity	2,5 M €	+3.0%	2,5 M €	+5.4%	2,3 M €	+6.8%	2,2 M €	+23.0%	1,8 M €	+7.1%	1,7 M €	+877%	169,7 k €	+19.2%	142,4 k €	+46.3%	97,3 k €	-54.7%	214,9 k €	+35.9%	158,2 k €	-3.9%	164,5 k €	+7.4%	153,2 k €	+222%	47,6 k €	-41.4%	81,1 k €	-17.8%	98,7 k €	-5.6%	104,5 k €	-17.9%	127,3 k €	+22.7%	103,8 k €
Total assets	4,4 M €	+12.3%	3,9 M €	+35.0%	2,9 M €	+5.7%	2,8 M €	+5.5%	2,6 M €	+8.5%	2,4 M €	+68.3%	1,4 M €	-5.2%	1,5 M €	+2.8%	1,5 M €	-9.5%	1,6 M €	+15.7%	1,4 M €	+4.6%	1,3 M €	-10.3%	1,5 M €	+11.7%	1,3 M €	-3.9%	1,4 M €	+36.3%	1 M €	+0.4%	1 M €	-6.6%	1,1 M €	+18.3%	918,4 k €
Cash	239,1 k €	+59.5%	149,9 k €	+1970%	7,2 k €	-97.4%	279,9 k €	+357%	61,2 k €	+69.3%	36,2 k €	+8.8%	33,3 k €	+140%	13,8 k €	-27.9%	19,2 k €	+25.3%	15,3 k €	+160%	5,9 k €	+129%	2,6 k €	-95.4%	56,2 k €	+540%	8,8 k €	+0.9%	8,7 k €	+69.0%	5,1 k €	-80.4%	26,3 k €	-37.2%	41,9 k €	+46.4%	28,6 k €
Debts	1,7 M €	+31.8%	1,3 M €	+219%	411,1 k €	-3.3%	425,2 k €	-42.7%	741,6 k €	+11.1%	667,5 k €	-44.7%	1,2 M €	-7.9%	1,3 M €	-0.1%	1,3 M €	-2.3%	1,3 M €	+14.1%	1,2 M €	+6.4%	1,1 M €	-12.7%	1,3 M €	-1.6%	1,3 M €	-1.6%	1,3 M €	+42.1%	919,3 k €	+1.1%	909,6 k €	-4.8%	955,6 k €	+17.3%	814,7 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		0,3 ETP	-40.0%	0,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

Hilde Van Diest

Director · since 30 mai 2016 · until 30 mai 2028

Active

UZI.invest

Director · since 30 mai 2016 · until 30 mai 2028 · 0535.625.387

Represented by Frank Serneels

Active

Ended mandates

UZI.invest

Director · since 30 mai 2016 · until 30 mai 2028 · 0535.625.387

Represented by Serneels FRANK

Ended

Frank Serneels

Director

Ended

Hilde Van Diest

Director

Ended

UZI.invest

Director · 0535.625.387

Ended

Annual accounts

Full financial information

	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	27/07/2026	29/09/2025	04/10/2024	05/10/2023	21/10/2022	30/09/2021
General meeting	30/06/2026	26/05/2025	27/05/2024	30/05/2023	30/05/2022	30/05/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	27/07/2026	Dutch	PDF
Abridged model	31/12/2024	26/05/2025	29/09/2025	Dutch	PDF
Abridged model	31/12/2023	27/05/2024	04/10/2024	Dutch	PDF
Abridged model	31/12/2022	30/05/2023	05/10/2023	Dutch	PDF
Abridged model	31/12/2021	30/05/2022	21/10/2022	Dutch	PDF
Abridged model	31/12/2020	30/05/2021	30/09/2021	Dutch	PDF
Abridged model	31/12/2019	27/09/2020	13/11/2020	Dutch	PDF
Abridged model	31/12/2018	26/05/2019	26/08/2019	Dutch	PDF
Abridged model	31/12/2017	27/05/2018	27/09/2018	Dutch	PDF
Abridged model	31/12/2016	28/05/2017	26/09/2017	Dutch	PDF
Abridged model	31/12/2015	29/05/2016	27/09/2016	Dutch	PDF
Abridged model	31/12/2014	31/05/2015	30/09/2015	Dutch	PDF
Abridged model	31/12/2013	25/05/2014	30/09/2014	Dutch	PDF
Abridged model	31/12/2012	26/05/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	27/05/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	29/05/2011	20/07/2011	Dutch	PDF
Abridged model	31/12/2009	30/05/2010	26/08/2010	Dutch	PDF
Abridged model	31/12/2008	31/05/2009	30/09/2009	Dutch	PDF
Abridged model	31/12/2007	25/05/2008	28/08/2008	Dutch	PDF
Abridged model	31/12/2006	27/05/2007	24/08/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

Hilde Van Diest

Director · since 30 mai 2016 · until 30 mai 2028

Active

UZI.invest

Director · since 30 mai 2016 · until 30 mai 2028 · 0535.625.387

Represented by Frank Serneels

Active

Ended mandates

UZI.invest

Director · since 30 mai 2016 · until 30 mai 2028 · 0535.625.387

Represented by Serneels FRANK

Ended

Frank Serneels

Director

Ended

Hilde Van Diest

Director

Ended

UZI.invest

Director · 0535.625.387

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates26/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates12/12/2022
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring27/12/2019
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring30/09/2019
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates06/06/2016
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/07/2014
ONTSLAGEN - BENOEMINGEN
PDF
Other17/01/2013
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL
PDF
Capital / shares30/12/2011
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 202574,9 k €↓
2024
Annual accounts 2024126,3 k €↓
2023
Annual accounts 2023148,3 k €↓
2022
Annual accounts 2022408,6 k €↑
2021
Annual accounts 2021117,3 k €↑
2020
Annual accounts 20209,8 k €↓
2018
Annual accounts 201827,3 k €↓
2017
Annual accounts 201745,1 k €↑
2016
Annual accounts 2016-117,6 k €↓
2015
Annual accounts 201556,8 k €↑
2014
Annual accounts 2014-6,4 k €↓
2013
Annual accounts 201311,3 k €↓
2012
Annual accounts 2012105,6 k €↑
2011
Annual accounts 2011-33,6 k €↓
2010
Annual accounts 2010-17,5 k €↓
2009
Annual accounts 2009-5,8 k €↑
2008
Annual accounts 2008-22,7 k €↓
2007
Annual accounts 200723,5 k €↑
2006
Annual accounts 2006-45,8 k €
24/11/1987
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

PUBLITAN

Overview

What does PUBLITAN do?

Trend over 19 financial years

Indicative valuation

Board of directors

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