ACTIVE

PICAN

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Financial year 2025 · Closed on 31/12/2025

Net result198,3 k €+6,6 %over 1 year
Gross margin270,7 k €+8,0 %over 1 year
Equity1,3 M €+17,9 %over 1 year

Identity

Source · BCE/KBO

PICAN is a Private limited company incorporated in 1996. Its main activity is: Specialist medical practice activities. Its registered office is in Namur.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0459.562.541
Incorporation
23/12/1996
Legal form
Private limited company
Registered office
Rue Edmond Delahaut(BL) 26
5001 Namur · WallonieSee on map
Contributed capital
18 600,00 €
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 margin270,7 k €250,6 k €280,8 k €260,3 k €173,9 k €
EBITDA269,3 k €249,8 k €280 k €259,6 k €173,2 k €
Operating result265,7 k €244,9 k €274,9 k €246,5 k €161 k €
Net result198,3 k €186,1 k €195,5 k €173,1 k €114,6 k €
Balance sheet
Equity1,3 M €1,1 M €919,5 k €724 k €550,9 k €
Total assets1,3 M €1,1 M €983,5 k €798,7 k €586,2 k €
Cash366,2 k €610,3 k €546,5 k €498,6 k €350,2 k €
Debts11,9 k €25,2 k €64 k €74,8 k €35,3 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
GEORGES PICHON
DirectorManager31/05/2002 → 2006 accountsended

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 date14/08/202622/07/202511/07/202404/07/202320/05/202229/06/2021
General meeting07/08/202630/06/202502/07/202428/06/202320/05/202221/05/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202507/08/202614/08/2026FrenchPDF
Micro model31/12/202430/06/202522/07/2025FrenchPDF
Micro model31/12/202302/07/202411/07/2024FrenchPDF
Micro model31/12/202228/06/202304/07/2023FrenchPDF
Micro model31/12/202120/05/202220/05/2022FrenchPDF
Micro model31/12/202021/05/202129/06/2021FrenchPDF
Micro model31/12/201915/05/202030/07/2020FrenchPDF
Micro model31/12/201817/05/201901/07/2019FrenchPDF
Micro model31/12/201718/05/201821/08/2018FrenchPDF
Micro model31/12/201619/05/201726/06/2017FrenchPDF
Abridged model31/12/201520/05/201618/07/2016FrenchPDF
Abridged model31/12/201415/05/201516/07/2015FrenchPDF
Abridged model31/12/201316/05/201414/08/2014FrenchPDF
Abridged model31/12/201217/05/201316/08/2013FrenchPDF
Abridged model31/12/201118/05/201213/08/2012FrenchPDF
Abridged model31/12/201020/05/201115/06/2011FrenchPDF
Abridged model31/12/200921/05/201013/08/2010FrenchPDF
Abridged model31/12/200816/05/200907/07/2009FrenchPDF
Abridged model31/12/200716/05/200809/06/2008FrenchPDF
Abridged model31/12/200618/05/200718/06/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
GEORGES PICHON
DirectorManager31/05/2002 → 2006 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates26/08/2021
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares29/12/2017
    Réduction de capital |
    PDF
  • Capital / shares22/11/2013
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Capital / shares21/12/2005
    Conversion du capital en euros et adaptation des statuts au code des
    PDF
  • Mandates23/09/2002
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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
GEORGES PICHON
1996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
PICAN
Rue Edmond Delahaut(BL) 26, 5001 Belgrade
DirectorManager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rue Edmond Delahaut(BL) 26, 5001 BelgradeCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00398012

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
PICANCurrent
accounts 2006 → 2025
Accounts 2025 · 2026-00398012

Events

  1. 2025
    Annual accounts 2025198,3 k €↑
  2. 2024
    Annual accounts 2024186,1 k €↓
  3. 2023
    Annual accounts 2023195,5 k €↑
  4. 2022
    Annual accounts 2022173,1 k €↑
  5. 2021
    Annual accounts 2021114,6 k €↑
  6. 2020
    Annual accounts 202071,3 k €↑
  7. 2019
    Annual accounts 201945,5 k €↓
  8. 2018
    Annual accounts 201868,4 k €↑
  9. 2017
    Annual accounts 201734,4 k €↓
  10. 2016
    Annual accounts 201635,7 k €↑
  11. 2015
    Annual accounts 201534,6 k €↑
  12. 2014
    Annual accounts 201432,9 k €↓
  13. 2013
    Annual accounts 201346,9 k €↓
  14. 2012
    Annual accounts 201247,3 k €↓
  15. 2011
    Annual accounts 201163,1 k €↑
  16. 2010
    Annual accounts 201039,4 k €↓
  17. 2009
    Annual accounts 200978,2 k €↓
  18. 2008
    Annual accounts 200880,9 k €↓
  19. 2007
    Annual accounts 2007103,2 k €↑
  20. 2006
    Annual accounts 200670,8 k €
  21. 23/12/1996
    IncorporationPrivate limited company