PALUBEL
0458.551.662 · rovalta.com · 23/09/2026
ACTIVE
PALUBEL
Financial year 2025 · closed on 31/12/2025
Net result
3,2 M €
+1130.5% YoY
Gross margin
974,8 k €
+7.2% YoY
Equity
17,3 M €
+15.0% YoY
Workforce
8,7 ETP
+6.1% YoY
Overview
What does PALUBEL do?
PALUBEL is a Public limited company incorporated in 1996. Its main activity is: Computer programming activities. Its registered office is in Pelt. It employs on average 8,7 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0458.551.662
Incorporation
23/07/1996
Legal form
Public limited company
Registered office
Hamonterweg 100
3910 Pelt · FlandreSee on map
3910 Pelt · FlandreSee on map
Contributed capital
70 000,00 €
Latest accounts
31/12/2025
Average workforce
8,7 ETP
Activities (NACE)
Joint committees (3)
- 100
- 200
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 974,8 k € | +7.2% | 909,3 k € | – | – | – | – | – | – | – | – | – | – | – | – | – | – | -2,8 k € | +77.4% | -12,6 k € | -228% | 9,8 k € | |||||||||||||||
| EBITDA | 9 k € | -72.3% | 32,5 k € | -9.3% | 35,8 k € | -68.4% | 113,5 k € | +12.8% | 100,6 k € | +11.0% | 90,7 k € | -2.3% | 92,8 k € | -5.4% | 98,1 k € | -4.5% | 102,8 k € | +42.6% | 72,1 k € | -26.1% | 97,6 k € | +2.7% | 95,1 k € | +18.6% | 80,2 k € | +20.1% | 66,8 k € | +12.2% | 59,5 k € | +139% | 24,9 k € | +867% | -3,3 k € | +75.0% | -13 k € | -238% | 9,4 k € |
| Operating result | -22,6 k € | -3645% | 637,8 € | -92.7% | 8,8 k € | -90.8% | 95 k € | +15.8% | 82,1 k € | +14.9% | 71,5 k € | -3.4% | 74 k € | -6.7% | 79,3 k € | +3.2% | 76,9 k € | +70.5% | 45,1 k € | -38.3% | 73 k € | +4.2% | 70,1 k € | +26.9% | 55,2 k € | -11.4% | 62,4 k € | +25.0% | 49,9 k € | +100.0% | 24,9 k € | +867% | -3,3 k € | +75.0% | -13 k € | -238% | 9,4 k € |
| Net result | 3,2 M € | +1130% | 256,5 k € | -97.0% | 8,5 M € | +845% | 901 k € | +1752% | 48,6 k € | -97.8% | 2,3 M € | +15868% | 14,1 k € | -99.4% | 2,5 M € | +28512% | 8,8 k € | +316% | -4,1 k € | -148% | 8,5 k € | +15.4% | 7,3 k € | -99.5% | 1,6 M € | +11004% | 14,5 k € | -90.2% | 148,6 k € | +48.8% | 99,9 k € | -31.3% | 145,5 k € | +6.3% | 136,9 k € | +70.9% | 80,1 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 17,3 M € | +15.0% | 15,1 M € | +1.7% | 14,8 M € | +109% | 7,1 M € | +9.3% | 6,5 M € | -6.5% | 6,9 M € | +48.1% | 4,7 M € | +0.3% | 4,7 M € | +116% | 2,2 M € | -49.7% | 4,3 M € | -0.1% | 4,3 M € | +0.2% | 4,3 M € | +0.2% | 4,3 M € | +0.6% | 4,3 M € | +0.3% | 4,3 M € | +3.6% | 4,1 M € | +2.5% | 4 M € | -0.2% | 4 M € | +1254% | 296,7 k € |
| Total assets | 18,5 M € | +11.1% | 16,6 M € | +1.8% | 16,3 M € | +93.2% | 8,5 M € | +16.7% | 7,2 M € | -0.9% | 7,3 M € | +0.8% | 7,3 M € | +0.3% | 7,2 M € | -6.4% | 7,7 M € | +6.8% | 7,2 M € | -0.6% | 7,3 M € | -0.7% | 7,3 M € | +3.1% | 7,1 M € | -3.1% | 7,3 M € | +3.3% | 7,1 M € | +3.5% | 6,9 M € | +6.7% | 6,4 M € | +53.5% | 4,2 M € | +967% | 392,3 k € |
| Cash | 1,8 M € | +453% | 318,8 k € | -60.3% | 804 k € | +631% | 110 k € | +25.4% | 87,7 k € | +520% | 14,1 k € | -80.1% | 71,1 k € | +42.8% | 49,8 k € | +630% | 6,8 k € | -82.4% | 38,6 k € | +477% | 6,7 k € | -31.2% | 9,7 k € | -71.7% | 34,5 k € | +427% | 6,5 k € | +5133% | 125 € | -99.3% | 16,8 k € | -47.6% | 32 k € | +175% | 11,6 k € | -64.8% | 33,1 k € |
| Debts | 1,1 M € | -26.8% | 1,5 M € | +0.5% | 1,5 M € | +9.9% | 1,4 M € | +81.4% | 746 k € | +106% | 362,1 k € | -85.7% | 2,5 M € | +0.2% | 2,5 M € | -54.4% | 5,5 M € | +91.1% | 2,9 M € | -1.3% | 2,9 M € | -2.1% | 3 M € | +7.7% | 2,8 M € | -8.4% | 3 M € | +7.8% | 2,8 M € | +3.3% | 2,7 M € | +12.9% | 2,4 M € | +1345% | 167,1 k € | +74.8% | 95,6 k € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | 8,7 ETP | +6.1% | 8,2 ETP | -6.8% | 8,8 ETP | 0.0% | 8,8 ETP | 0.0% | 8,8 ETP | +25.7% | 7,0 ETP | -7.9% | 7,6 ETP | +1.3% | 7,5 ETP | +2.7% | 7,3 ETP | -8.8% | 8,0 ETP | 0.0% | 8,0 ETP | -1.2% | 8,1 ETP | +9.5% | 7,4 ETP | -1.3% | 7,5 ETP | -6.3% | 8,0 ETP | +100% | 4,0 ETP | – | – | – | |||
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 16 ended
Active mandates
Luc Beliën
ActivePatrick Beliën
ActiveEnded mandates
Luc Belien
EndedLuc Belien
EndedPatrick Belien
EndedPatrick Belien
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
BELIËN IMMO● Active | 0772.605.691 |
BELIËN NEERPELT● Active | 0438.450.094 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Full model | Full model | Full model | Consolidated accounts |
| 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 | 26/06/2026 | 10/07/2025 | 16/07/2024 | 05/07/2023 | 21/06/2022 | 10/08/2021 |
| General meeting | 19/06/2026 | 20/06/2025 | 28/06/2024 | 30/06/2023 | 17/06/2022 | 01/01/9999 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
28 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 19/06/2026 | 26/06/2026 | Dutch | |
| Abridged model | 31/12/2024 | 20/06/2025 | 10/07/2025 | Dutch | |
| Full model | 31/12/2023 | 28/06/2024 | 16/07/2024 | Dutch | |
| Consolidated accounts | 31/12/2023 | 28/06/2024 | 16/07/2024 | Dutch | |
| Full model | 31/12/2022 | 30/06/2023 | 05/07/2023 | Dutch | |
| Consolidated accounts | 31/12/2022 | 30/06/2023 | 11/07/2023 | Dutch | |
| Full model | 31/12/2021 | 17/06/2022 | 21/06/2022 | Dutch | |
| Consolidated accounts | 31/12/2021 | 19/08/2022 | 30/08/2022 | Dutch | |
| Full model | 31/12/2020 | 18/06/2021 | 08/07/2021 | Dutch | |
| Consolidated accounts | 31/12/2020 | 01/01/9999 | 10/08/2021 | Dutch | |
| Full model | 31/12/2019 | 19/06/2020 | 02/07/2020 | Dutch | |
| Consolidated accounts | 31/12/2019 | 30/06/2020 | 16/07/2020 | Dutch | |
| Full model | 31/12/2018 | 28/06/2019 | 24/07/2019 | Dutch | |
| Consolidated accounts | 31/12/2018 | 28/06/2019 | 18/07/2019 | Dutch | |
| Full model | 31/12/2017 | 30/06/2018 | 30/07/2018 | Dutch | |
| Consolidated accounts | 31/12/2017 | 30/06/2018 | 29/08/2018 | Dutch | |
| Full model | 31/12/2016 | 30/06/2017 | 17/07/2017 | Dutch | |
| Consolidated accounts | 31/12/2016 | 30/06/2017 | 28/07/2017 | Dutch | |
| Full model | 31/12/2015 | 30/06/2016 | 13/07/2016 | Dutch | |
| Full model | 31/12/2014 | 30/06/2015 | 27/08/2015 | Dutch | |
| Full model | 31/12/2013 | 20/06/2014 | 26/08/2014 | Dutch | |
| Full model | 31/12/2012 | 21/06/2013 | 25/07/2013 | Dutch | |
| Full model | 31/12/2011 | 29/06/2012 | 30/07/2012 | Dutch | |
| Full model | 31/12/2010 | 17/06/2011 | 29/08/2011 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 16 ended
Active mandates
Luc Beliën
ActivePatrick Beliën
ActiveEnded mandates
Luc Belien
EndedLuc Belien
EndedPatrick Belien
EndedPatrick Belien
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates05/01/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
- Mandates28/07/2021ONTSLAGEN - BENOEMINGEN
- Mandates02/10/2019ONTSLAGEN - BENOEMINGEN
- Mandates03/10/2018ONTSLAGEN - BENOEMINGEN
- Capital / shares01/02/2018KAPITAAL - AANDELEN
- Mandates09/09/2014ONTSLAGEN - BENOEMINGEN
- Capital / shares02/09/2013KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Other26/07/2010STATUTENWIJZIGING
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20253,2 M €↑
- 2024Annual accounts 2024256,5 k €↓
- 2023Annual accounts 20238,5 M €↑
- 2022Annual accounts 2022901 k €↑
- 2021Annual accounts 202148,6 k €↓
- 2020Annual accounts 20202,3 M €↑
- 2019Annual accounts 201914,1 k €↓
- 2018Annual accounts 20182,5 M €↑
- 2017Annual accounts 20178,8 k €↑
- 2016Annual accounts 2016-4,1 k €↓
- 2015Annual accounts 20158,5 k €↑
- 2014Annual accounts 20147,3 k €↓
- 2013Annual accounts 20131,6 M €↑
- 2012Annual accounts 201214,5 k €↓
- 2011Annual accounts 2011148,6 k €↑
- 2010Annual accounts 201099,9 k €↓
- 2009Annual accounts 2009145,5 k €↑
- 2008Annual accounts 2008136,9 k €↑
- 2007Annual accounts 200780,1 k €
- 23/07/1996IncorporationPublic limited company