ACTIVE

P and B

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Financial year 2026 · Closed on 31/03/2026

Net result5,7 M €+6 654,3 %over 1 year

Gross margin9,9 k €-29,3 %over 1 year

Equity14 M €+175,5 %over 1 year

Workforce0,0 ETP

Identity

Source · BCE/KBO

P and B is a Public limited company incorporated in 1992. Its main activity is: Management consultancy activities. Its registered office is in De Haan.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0448.991.125
Incorporation: 11/12/1992
Legal form: Public limited company
Registered office: Raffaëllaan 23
8421 De Haan · FlandreSee on map
Contributed capital: 4 300 000,00 €
Latest accounts: 31/03/2026
Average workforce: 0,0 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 70311Activities of head offices; management consultancy activities 68310Real estate agencies 68311Real estate agencies

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2026		2025		2024		2023		2022
Income statement
Gross margin	9,9 k €	-29.3%	14 k €	+138%	-36,8 k €	-210%	33,3 k €	-70.7%	113,5 k €
EBITDA	-470,7 €	-104%	11,3 k €	+127%	-42,1 k €	-251%	27,8 k €	-75.0%	111,1 k €
Operating result	-85,6 k €	-86.4%	-45,9 k €	+53.0%	-97,7 k €	-217%	-30,9 k €	-157%	54 k €
Net result	5,7 M €	+6654%	-86,6 k €	-1519%	-5,4 k €	-100%	3 M €	+50782%	-5,9 k €
Balance sheet
Equity	14 M €	+176%	5,1 M €	-1.7%	5,2 M €	-0.1%	5,2 M €	+137%	2,2 M €
Total assets	15,4 M €	+22.0%	12,6 M €	+77.2%	7,1 M €	-3.0%	7,4 M €	+155%	2,9 M €
Cash	182,6 k €	+202%	60,5 k €		0 €	-100%	83,2 k €	+11120%	741,2 €
Debts	1,4 M €	-81.9%	7,5 M €	+290%	1,9 M €	-10.1%	2,1 M €	+228%	654 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		0,0 ETP		–

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/03/2026

1 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bernard Delbaere	Directorsince 17/11/2023Managing director03/09/2005 → 30/09/2023ended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Albine DELBAERE	Director28/03/2014 → 2023 accounts
JANINE DECROP	Director03/09/2011 → 2013 accounts

Other companies at this address

Raffaëllaan 23 8421 De Haan

Company	CBE no.
Albaloc● Active	0798.926.939

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	30/09/2025	07/10/2024	05/10/2023	17/10/2022	20/10/2021
General meeting	26/09/2026	27/09/2025	30/09/2024	29/09/2023	30/09/2022	28/09/2021
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	26/09/2026	30/09/2026	Dutch	PDF
Abridged model	31/03/2025	27/09/2025	30/09/2025	Dutch	PDF
Abridged model	31/03/2024	30/09/2024	07/10/2024	Dutch	PDF
Abridged model	31/03/2023	29/09/2023	05/10/2023	Dutch	PDF
Abridged model	31/03/2022	30/09/2022	17/10/2022	Dutch	PDF
Abridged model	31/03/2021	28/09/2021	20/10/2021	Dutch	PDF
Abridged model	31/03/2020	05/09/2020	28/09/2020	Dutch	PDF
Abridged model	31/03/2019	07/09/2019	14/10/2019	Dutch	PDF
Abridged model	31/03/2018	01/09/2018	25/09/2018	Dutch	PDF
Abridged model	31/03/2017	02/09/2017	26/09/2017	Dutch	PDF
Abridged model	31/03/2016	03/09/2016	30/09/2016	Dutch	PDF
Abridged model	31/03/2015	05/09/2015	13/10/2015	Dutch	PDF
Abridged model	31/03/2014	27/09/2014	29/09/2014	Dutch	PDF
Abridged model	31/03/2013	28/09/2013	22/10/2013	Dutch	PDF
Abridged model	31/03/2012	01/09/2012	17/09/2012	Dutch	PDF
Abridged model	31/03/2011	03/09/2011	28/09/2011	Dutch	PDF
Abridged model	31/03/2010	04/09/2010	14/09/2010	Dutch	PDF
Abridged model	31/03/2009	05/09/2009	08/09/2009	Dutch	PDF
Abridged model	31/03/2008	06/09/2008	08/09/2008	Dutch	PDF
Abridged model	31/03/2007	01/09/2007	12/09/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

1 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bernard Delbaere	Directorsince 17/11/2023Managing director03/09/2005 → 30/09/2023ended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Albine DELBAERE	Director28/03/2014 → 2023 accounts
JANINE DECROP	Director03/09/2011 → 2013 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other28/05/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates28/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Other20/07/2018
DOEL
PDF
Restructuring23/05/2018
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates27/12/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/04/2014
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/11/2011
ONTSLAGEN - BENOEMINGEN
PDF
Registered office24/09/2008
Verplaatsing maatschappelijke zetel.
PDF

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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

Bernard Delbaere

ALBINE DELBAERE

JANINE DECROP

THIERRY DELBAERE

19921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

P and B

Raffaëllaan 23, 8421 Vlissegem

DirectorManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Raffaëllaan 23, 8421 VlissegemCurrent	accounts 2022 → 2026	Accounts 2026 · 2026-00548690

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
P and BCurrent	accounts 2022 → 2026	Accounts 2026 · 2026-00548690

Events

2026
Annual accounts 20265,7 M €↑
2025
Annual accounts 2025-86,6 k €↓
2024
Annual accounts 2024-5,4 k €↓
2023
Annual accounts 20233 M €↑
2022
Annual accounts 2022-5,9 k €↓
2021
Annual accounts 202118,6 k €↓
2020
Annual accounts 202044,7 k €↑
2019
Annual accounts 201936,6 k €↑
2018
Annual accounts 201823,3 k €↑
2017
Annual accounts 201722,8 k €↑
2016
Annual accounts 201622 k €↑
2015
Annual accounts 201518,7 k €↑
2014
Annual accounts 201415,8 k €↓
2013
Annual accounts 201320,1 k €↑
2012
Annual accounts 201218,2 k €↑
2011
Annual accounts 201117,9 k €↑
2010
Annual accounts 201015,9 k €↓
2009
Annual accounts 200932 k €↑
2008
Annual accounts 200831,3 k €↑
2007
Annual accounts 200730,3 k €
11/12/1992
IncorporationPublic limited company

P and B

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