ACTIVE

PEN - LAW

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Financial year 2025 · Closed on 31/12/2025

Net result
26,4 k €
+210,7 %over 1 year
Gross margin
124,4 k €
+16,7 %over 1 year
Equity
525,3 k €
+5,3 %over 1 year

Identity

Source · BCE/KBO

PEN - LAW is a Public limited company incorporated in 1990. Its registered office is in Uccle.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0441.435.617
Incorporation
05/07/1990
Legal form
Public limited company
Registered office
Avenue Brugmann 587 box 6
1180 Uccle · BruxellesSee on map
Contributed capital
716 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 21 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin124,4 k €106,6 k €107,3 k €83,6 k €92 k €
EBITDA107,1 k €89,7 k €100,3 k €77,2 k €84,8 k €
Operating result71,1 k €54,8 k €60,6 k €21,4 k €48 k €
Net result26,4 k €8,5 k €15 k €-30,7 k €-4,5 k €
Balance sheet
Equity525,3 k €498,9 k €490,4 k €475,4 k €506,1 k €
Total assets965,2 k €936,6 k €930,4 k €904,2 k €957,7 k €
Cash137,2 k €73,2 k €15,9 k €14,6 k €6,6 k €
Debts415,9 k €415,8 k €413,8 k €412,9 k €428 k €

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 · 18 ended

Active mandates

Anne-Catherine WETS

Managing director · since 25 août 2025 · until 13 mai 2031

Active
Benoit WETS

Managing director · since 25 août 2025 · until 13 mai 2031

Active
Jeannine GILLAIN

Chairman of the board of directors · since 25 août 2025 · until 13 mai 2031

Active

Ended mandates

Benoit WETS

Director · since 18 novembre 2023 · until 10 mai 2027

Ended
Benoit WETS

Director · since 18 novembre 2023

Ended
Anne-Catherine WETS

Managing director · since 10 mai 2021 · until 10 mai 2027

Ended
Jeannine GILLAIN

Director · since 10 mai 2021 · until 10 mai 2027

Ended

Other companies at this address

Avenue Brugmann 587 1180 Uccle
CompanyCBE no.
Association des copropriétaires à Uccle Avenue Brugmann, 587 Résidence Elisabeth I● Active
0832.967.704
every ONE-Belgium● Active
0866.679.162
Fondation in Memoriam Andre Charlier● Active
0409.361.675
Laurent WETS, Société notariale● Active
1031.952.217
PROACTIEF● Active
0645.607.353
Véronique BONEHILL et Laurent WETS, Notaires Associés● Liquidation
0899.361.036

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date20/08/202611/08/202510/10/202422/06/202307/06/202228/06/2021
General meeting12/05/202612/05/202513/05/202408/05/202309/05/202210/05/2021
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, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202512/05/202620/08/2026FrenchPDF
Micro model31/12/202412/05/202511/08/2025FrenchPDF
Micro model31/12/202313/05/202410/10/2024FrenchPDF
Micro model31/12/202208/05/202322/06/2023FrenchPDF
Micro model31/12/202109/05/202207/06/2022FrenchPDF
Micro model31/12/202010/05/202128/06/2021FrenchPDF
Micro model31/12/201911/05/202011/08/2020FrenchPDF
Micro model31/12/201813/05/201917/07/2019FrenchPDF
Micro model31/12/201714/05/201803/07/2018FrenchPDF
Micro model31/12/201608/05/201702/08/2017FrenchPDF
Abridged model31/12/201509/05/201605/08/2016FrenchPDF
Abridged model31/12/201411/05/201523/07/2015FrenchPDF
Abridged model31/12/201312/05/201406/08/2014FrenchPDF
Abridged model31/12/201213/05/201306/08/2013FrenchPDF
Abridged model31/12/201114/05/201217/07/2012FrenchPDF
Abridged model31/12/201009/05/201124/06/2011FrenchPDF
Abridged model31/12/200910/05/201021/06/2010FrenchPDF
Abridged model31/12/200811/05/200903/07/2009FrenchPDF
Abridged model31/12/200713/05/200826/06/2008FrenchPDF
Abridged modelCorrection31/12/200614/05/200718/07/2007FrenchPDF
Abridged model31/12/200614/05/200722/06/2007FrenchPDF

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 · 18 ended

Active mandates

Anne-Catherine WETS

Managing director · since 25 août 2025 · until 13 mai 2031

Active
Benoit WETS

Managing director · since 25 août 2025 · until 13 mai 2031

Active
Jeannine GILLAIN

Chairman of the board of directors · since 25 août 2025 · until 13 mai 2031

Active

Ended mandates

Benoit WETS

Director · since 18 novembre 2023 · until 10 mai 2027

Ended
Benoit WETS

Director · since 18 novembre 2023

Ended
Anne-Catherine WETS

Managing director · since 10 mai 2021 · until 10 mai 2027

Ended
Jeannine GILLAIN

Director · since 10 mai 2021 · until 10 mai 2027

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates01/09/2025
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/07/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares01/08/2016
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates07/08/2015
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/07/2009
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates06/09/2007
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares02/01/2007
    CAPITAL, ACTIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates20/07/2005
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202526,4 k €↑
  2. 2024
    Annual accounts 20248,5 k €↓
  3. 2023
    Annual accounts 202315 k €↑
  4. 2022
    Annual accounts 2022-30,7 k €↓
  5. 2021
    Annual accounts 2021-4,5 k €↓
  6. 2020
    Annual accounts 2020-3,1 k €↓
  7. 2019
    Annual accounts 2019268,7 €↑
  8. 2018
    Annual accounts 2018-26,3 k €↓
  9. 2017
    Annual accounts 2017-13,7 k €↑
  10. 2016
    Annual accounts 2016-30,3 k €↓
  11. 2015
    Annual accounts 2015-27,4 k €↓
  12. 2014
    Annual accounts 2014-19,8 k €↑
  13. 2013
    Annual accounts 2013-169,4 k €↓
  14. 2012
    Annual accounts 201236,5 k €↑
  15. 2011
    Annual accounts 2011-18,7 k €↑
  16. 2010
    Annual accounts 2010-32,1 k €↓
  17. 2009
    Annual accounts 2009-24,6 k €↓
  18. 2008
    Annual accounts 20086,1 k €↓
  19. 2007
    Annual accounts 20076,8 k €↑
  20. 2006
    Annual accounts 2006-21,2 k €
  21. 05/07/1990
    IncorporationPublic limited company