ACTIVE

P en L

Financial year 2025 · Closed on 31/12/2025

Net result
20,9 k €
+332,1 %over 1 year
Gross margin
40,4 k €
+115,1 %over 1 year
Equity
177,2 k €
+12,1 %over 1 year

Identity

Source · BCE/KBO

P en L is a Public limited company incorporated in 1993. Its main activity is: Activities of head offices. Its registered office is in Zandhoven.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0449.387.637
Incorporation
10/02/1993
Legal form
Public limited company
Registered office
Nestendreef 1
2243 Zandhoven · FlandreSee on map
Contributed capital
62 598,62 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin40,4 k €18,8 k €12,6 k €20,9 k €25 k €
EBITDA37,2 k €17,9 k €10,5 k €20,5 k €23,1 k €
Operating result32,4 k €11,5 k €4,1 k €13,8 k €18,1 k €
Net result20,9 k €4,8 k €-6 k €5,2 k €7,4 k €
Balance sheet
Equity177,2 k €158,2 k €155,1 k €163 k €159,6 k €
Total assets374,6 k €386,1 k €417,3 k €451,1 k €382,4 k €
Cash117,3 k €144 k €190,2 k €201,4 k €173,1 k €
Debts196,7 k €164,9 k €262,1 k €288,2 k €221,7 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 13 ended

Active mandates

Karin Meert

Director

Active
Stefan Boel

Managing director

Active

Ended mandates

Stefaan Boel

Managing director · since 01 janvier 2014

Ended
Luc Van Belleghem

Director · since 30 novembre 2012 · until 23 juin 2016

Ended
Karin Meert

Director · since 01 octobre 2012 · until 25 juin 2017

Ended
Stefaan Boel

Managing director · since 01 octobre 2012 · until 01 octobre 2018

Ended

Other companies at this address

Nestendreef 1 2243 Zandhoven
CompanyCBE no.
0795.544.114

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged 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 date30/08/202611/09/202509/08/202406/07/202306/07/202230/06/2021
General meeting18/06/202611/06/202520/06/202415/06/202308/06/202209/06/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202518/06/202630/08/2026DutchPDF
Abridged model31/12/202411/06/202511/09/2025DutchPDF
Abridged model31/12/202320/06/202409/08/2024DutchPDF
Micro model31/12/202215/06/202306/07/2023DutchPDF
Micro model31/12/202108/06/202206/07/2022DutchPDF
Micro model31/12/202009/06/202130/06/2021DutchPDF
Micro model31/12/201918/06/202005/02/2021DutchPDF
Micro model31/12/201812/06/201912/06/2019DutchPDF
Micro model31/12/201721/06/201805/10/2018DutchPDF
Micro model31/12/201615/06/201704/10/2017DutchPDF
Abridged model31/12/201516/06/201616/11/2016DutchPDF
Abridged model31/12/201418/06/201524/11/2015DutchPDF
Abridged model31/12/201319/06/201431/12/2014DutchPDF
Abridged model31/12/201218/07/201321/08/2013DutchPDF
Abridged model31/12/201128/06/201212/07/2012DutchPDF
Abridged model31/12/201023/06/201124/06/2011DutchPDF
Abridged model31/12/200915/07/201013/08/2010DutchPDF
Abridged model31/12/200830/07/200926/08/2009DutchPDF
Abridged model31/12/200719/06/200824/07/2008DutchPDF
Abridged model31/12/200621/06/200713/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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

2 active · 13 ended

Active mandates

Karin Meert

Director

Active
Stefan Boel

Managing director

Active

Ended mandates

Stefaan Boel

Managing director · since 01 janvier 2014

Ended
Luc Van Belleghem

Director · since 30 novembre 2012 · until 23 juin 2016

Ended
Karin Meert

Director · since 01 octobre 2012 · until 25 juin 2017

Ended
Stefaan Boel

Managing director · since 01 octobre 2012 · until 01 octobre 2018

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office14/10/2015
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates04/04/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/02/2013
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares12/04/2012
    KAPITAAL - AANDELEN
    PDF
  • Mandates05/01/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other12/08/2011
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates04/12/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/07/2005
    ONTSLAGEN - BENOEMINGEN
    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 202520,9 k €↑
  2. 2024
    Annual accounts 20244,8 k €↑
  3. 2023
    Annual accounts 2023-6 k €↓
  4. 2022
    Annual accounts 20225,2 k €↓
  5. 2021
    Annual accounts 20217,4 k €↓
  6. 2020
    Annual accounts 202033,6 k €↑
  7. 2019
    Annual accounts 20195,9 k €↑
  8. 2018
    Annual accounts 20181,2 k €↓
  9. 2017
    Annual accounts 20171,8 k €↓
  10. 2016
    Annual accounts 20165,3 k €↑
  11. 2015
    Annual accounts 20152,9 k €↑
  12. 2014
    Annual accounts 2014-3,4 k €↓
  13. 2013
    Annual accounts 20139,8 k €↓
  14. 2012
    Annual accounts 201230,1 k €↓
  15. 2011
    Annual accounts 2011251,9 k €↑
  16. 2010
    Annual accounts 2010-138,7 k €↓
  17. 2009
    Annual accounts 2009-3 k €↓
  18. 2008
    Annual accounts 2008-1,3 k €↓
  19. 2007
    Annual accounts 20072,9 k €↑
  20. 2006
    Annual accounts 20062,2 k €
  21. 10/02/1993
    IncorporationPublic limited company