ACTIVE

Painting with Light

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Financial year 2025 · Closed on 31/12/2025

Net result-113,8 k €-1 586,5 %over 1 year
Gross margin1,5 M €-3,4 %over 1 year
Equity1,2 M €-10,1 %over 1 year
Workforce16,8 ETP+5,0 %over 1 year

Identity

Source · BCE/KBO

Painting with Light is a Private limited company incorporated in 1999. Its registered office is in Genk. It employs on average 16,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0465.286.234
Incorporation
18/01/1999
Legal form
Private limited company
Registered office
C-Mine 127
3600 Genk · FlandreSee on map
Contributed capital
6 205,33 €
Latest accounts
31/12/2025
Average workforce
16,8 ETP
Joint committees (5)
  • 100
  • 218
  • 304
  • 3040
  • 30400
Contacts
4 public details availableLog in to view
Signals
Solid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin1,5 M €1,6 M €1,4 M €1,3 M €1 M €
EBITDA154,1 k €279,3 k €299,1 k €538,9 k €443,1 k €
Operating result-69,8 k €43,8 k €99,7 k €357,1 k €279,8 k €
Net result-113,8 k €-6,7 k €60,8 k €251,2 k €217,3 k €
Balance sheet
Equity1,2 M €1,3 M €1,3 M €1,3 M €1 M €
Total assets3,2 M €3,7 M €3,3 M €3,1 M €2,9 M €
Cash365,3 k €758,3 k €549,1 k €404,4 k €655,7 k €
Debts2 M €2,3 M €1,8 M €1,7 M €1,7 M €
Other
Workforce16,8 ETP16,0 ETP17,0 ETP13,1 ETP10,3 ETP

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

1 active · 9 ended

Active mandates

PWL Group

Director · 0876.334.820

Represented by Peumans LUC

Active

Ended mandates

DIMI THEUWISSEN

Manager · since 01 octobre 2005 · 0875.572.775

Represented by Dimitri Theuwissen

Ended
PWL Group

Manager · since 01 octobre 2005 · 0876.334.820

Represented by LUC PEUMANS

Ended
PWL Group

Manager · since 01 octobre 2005 · 0876.334.820

Represented by LUC PEUMANS

Ended
WASJONGE

Manager · since 01 octobre 2005 · 0876.117.856

Represented by JIM STAS

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date10/06/202626/06/202526/06/202421/06/202320/06/202223/06/2021
General meeting09/06/202610/06/202525/06/202420/06/202317/06/202222/06/2021
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 model31/12/202509/06/202610/06/2026DutchPDF
Abridged model31/12/202410/06/202526/06/2025DutchPDF
Abridged model31/12/202325/06/202426/06/2024DutchPDF
Abridged model31/12/202220/06/202321/06/2023DutchPDF
Abridged model31/12/202117/06/202220/06/2022DutchPDF
Abridged model31/12/202022/06/202123/06/2021DutchPDF
Abridged model31/12/201909/06/202010/06/2020DutchPDF
Abridged model31/12/201811/06/201925/06/2019DutchPDF
Abridged model31/12/201729/06/201810/07/2018DutchPDF
Abridged model31/12/201613/06/201715/06/2017DutchPDF
Abridged model31/12/201514/06/201630/06/2016DutchPDF
Abridged model31/12/201409/06/201515/06/2015DutchPDF
Abridged model31/12/201310/06/201410/07/2014DutchPDF
Abridged model31/12/201211/06/201327/08/2013DutchPDF
Abridged model31/12/201112/06/201218/06/2012DutchPDF
Abridged model31/12/201014/06/201121/06/2011DutchPDF
Abridged model31/12/200908/06/201025/06/2010DutchPDF
Abridged model31/12/200809/06/200915/06/2009DutchPDF
Abridged model31/12/200710/06/200817/06/2008DutchPDF
Abridged model31/12/200612/06/200719/06/2007DutchPDF

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

1 active · 9 ended

Active mandates

PWL Group

Director · 0876.334.820

Represented by Peumans LUC

Active

Ended mandates

DIMI THEUWISSEN

Manager · since 01 octobre 2005 · 0875.572.775

Represented by Dimitri Theuwissen

Ended
PWL Group

Manager · since 01 octobre 2005 · 0876.334.820

Represented by LUC PEUMANS

Ended
PWL Group

Manager · since 01 octobre 2005 · 0876.334.820

Represented by LUC PEUMANS

Ended
WASJONGE

Manager · since 01 octobre 2005 · 0876.117.856

Represented by JIM STAS

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates04/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other15/04/2015
    DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates04/03/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office15/07/2014
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates13/03/2006
    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 2025-113,8 k €↓
  2. 2024
    Annual accounts 2024-6,7 k €↓
  3. 2023
    Annual accounts 202360,8 k €↓
  4. 2022
    Annual accounts 2022251,2 k €↑
  5. 2021
    Annual accounts 2021217,3 k €↑
  6. 2018
    Annual accounts 2018147,5 k €↑
  7. 2017
    Annual accounts 2017-826,9 €↓
  8. 2016
    Annual accounts 20168,4 k €↑
  9. 2015
    Annual accounts 2015-33,9 k €↓
  10. 2014
    Annual accounts 201428,1 k €↑
  11. 2013
    Annual accounts 2013-3,6 k €↓
  12. 2012
    Annual accounts 201244,3 k €↑
  13. 2011
    Annual accounts 201141,1 k €↑
  14. 2010
    Annual accounts 201020,2 k €↑
  15. 2009
    Annual accounts 2009-15 k €↓
  16. 2008
    Annual accounts 200820,1 k €↓
  17. 2007
    Annual accounts 200794,7 k €↑
  18. 2006
    Annual accounts 200646,2 k €
  19. 18/01/1999
    IncorporationPrivate limited company