ACTIVE

PIVAKS

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Financial year 2025 · closed on 31/12/2025

Net result

30,9 k €

+74.7% YoY

Gross margin

77,7 k €

-22.8% YoY

Equity

2,2 M €

+1.4% YoY

What does PIVAKS do?

PIVAKS is a Private limited company incorporated in 1999. Its registered office is in Halle.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0465.416.886

Incorporation

10/02/1999

Legal form

Private limited company

Registered office

Nijvelsesteenweg 827
1500 Halle · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Joint committees (2)

Contacts

1 public detail availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

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	77,7 k €	-22.8%	100,6 k €	-72.2%	362,6 k €	+108%	174 k €	-35.5%	269,6 k €	-18.6%	331 k €	-0.1%	331,4 k €	-0.3%	332,3 k €	-0.6%	334,5 k €	+17.5%	284,7 k €	-0.7%	286,7 k €	-48.0%	551,4 k €	-31.4%	804 k €	+22.0%	659,2 k €	-3.9%	685,9 k €	-3.3%	709,1 k €	+4.6%	677,6 k €	-1.0%	684,3 k €	+3.4%	661,6 k €
EBITDA	65,3 k €	-26.3%	88,5 k €	-73.5%	334,3 k €	+120%	152,1 k €	-13.2%	175,2 k €	+5.9%	165,4 k €	+14.4%	144,6 k €	+1.1%	143 k €	+4.0%	137,5 k €	+22.9%	111,9 k €	-7.8%	121,3 k €	+9.7%	110,6 k €	-57.3%	259,2 k €	+115%	120,8 k €	-41.9%	207,8 k €	-23.5%	271,6 k €	+28.8%	210,8 k €	-23.0%	273,9 k €	-21.2%	347,5 k €
Operating result	-1,3 k €	-114%	9 k €	-94.3%	158,4 k €	+365%	34 k €	-58.7%	82,5 k €	+80.8%	45,6 k €	+180%	16,3 k €	+257%	4,6 k €	+3448%	128,7 €	+100%	-30,9 k €	-1016%	3,4 k €	-59.3%	8,3 k €	-94.0%	138,7 k €	+4632%	2,9 k €	-95.8%	69,2 k €	-58.2%	165,4 k €	+6.9%	154,7 k €	-29.7%	220,1 k €	-3.5%	228,2 k €
Net result	30,9 k €	+74.7%	17,7 k €	+109%	-202,9 k €	-1125%	19,8 k €	-82.7%	114,5 k €	+147%	46,3 k €	+40.5%	33 k €	+1693%	1,8 k €	+126%	814,6 €	+103%	-27,4 k €	-106%	424 k €	+28051%	1,5 k €	-98.6%	111 k €	+1076%	-11,4 k €	-133%	34,4 k €	-72.4%	124,9 k €	-50.0%	249,9 k €	+107%	120,7 k €	-10.7%	135,1 k €
Balance sheet
Equity	2,2 M €	+1.4%	2,1 M €	+0.8%	2,1 M €	-8.7%	2,3 M €	+0.9%	2,3 M €	+5.2%	2,2 M €	+2.2%	2,1 M €	+1.6%	2,1 M €	+0.1%	2,1 M €	+0.0%	2,1 M €	-1.3%	2,1 M €	+24.8%	1,7 M €	+0.1%	1,7 M €	+7.0%	1,6 M €	-5.4%	1,7 M €	+2.1%	1,7 M €	+8.2%	1,5 M €	+19.6%	1,3 M €	+10.4%	1,2 M €
Total assets	2,4 M €	+1.7%	2,4 M €	-0.6%	2,4 M €	-16.8%	2,9 M €	+3.5%	2,8 M €	+1.3%	2,7 M €	-2.2%	2,8 M €	-3.2%	2,9 M €	+0.6%	2,9 M €	-7.3%	3,1 M €	+13.7%	2,7 M €	+11.8%	2,4 M €	-4.2%	2,5 M €	+3.5%	2,5 M €	-3.8%	2,6 M €	+10.1%	2,3 M €	+6.2%	2,2 M €	+11.1%	2 M €	-3.1%	2 M €
Cash	423,8 k €	-54.2%	925,2 k €	+1.5%	911,4 k €	+156%	356,1 k €	+14.5%	310,9 k €	+5.2%	295,6 k €	+54.1%	191,8 k €	-10.5%	214,4 k €	+96.9%	108,9 k €	-53.1%	231,9 k €	-34.1%	352 k €	+181%	125,3 k €	-47.0%	236,3 k €	+48.8%	158,8 k €	-37.6%	254,4 k €	-30.0%	363,3 k €	+45.4%	249,8 k €	+192%	85,5 k €	-38.2%	138,3 k €
Debts	245,7 k €	+5.9%	232,1 k €	-8.6%	254 k €	-53.2%	543,1 k €	+23.2%	440,9 k €	-16.3%	527,1 k €	-17.8%	641,4 k €	-13.3%	739,6 k €	-2.7%	760 k €	-22.1%	975,9 k €	+64.7%	592,5 k €	-18.8%	729,5 k €	-12.8%	836,4 k €	-3.0%	862,7 k €	-0.7%	868,9 k €	+29.9%	668,8 k €	+1.9%	656,4 k €	-4.7%	688,8 k €	-21.3%	874,7 k €
Other
Workforce	–		–		–		–		1,8 ETP	-21.7%	2,3 ETP	-4.2%	2,4 ETP	+9.1%	2,2 ETP	-33.3%	3,3 ETP	+17.9%	2,8 ETP	-17.6%	3,4 ETP	-70.7%	11,6 ETP	+24.7%	9,3 ETP	-3.1%	9,6 ETP	-2.0%	9,8 ETP	+6.5%	9,2 ETP	-1.1%	9,3 ETP	+4.5%	8,9 ETP	+11.3%	8,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

Arlette Vansintjan

Director · since 07 juillet 2022

Active

Hugo Pint

Director · since 07 juillet 2022

Active

Ended mandates

ARLETTE VANSINTJAN

Director

Ended

HUGO PINT

Mandate

Ended

HUGO PINT

Director

Ended

HUGO PINT

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	21 months	12 months	12 months	12 months
Filing date	13/08/2026	24/07/2025	30/07/2024	27/10/2022	27/10/2021	28/10/2020
General meeting	29/06/2026	30/06/2025	30/06/2024	30/09/2022	30/09/2021	30/09/2020
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

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	29/06/2026	13/08/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	24/07/2025	Dutch	PDF
Micro model	31/12/2023	30/06/2024	30/07/2024	Dutch	PDF
Abridged model	31/03/2022	30/09/2022	27/10/2022	Dutch	PDF
Abridged model	31/03/2021	30/09/2021	27/10/2021	Dutch	PDF
Abridged model	31/03/2020	30/09/2020	28/10/2020	Dutch	PDF
Abridged model	31/03/2019	30/09/2019	31/10/2019	Dutch	PDF
Abridged model	31/03/2018	30/09/2018	30/10/2018	Dutch	PDF
Abridged model	31/03/2017	30/09/2017	27/10/2017	Dutch	PDF
Abridged model	31/03/2016	30/09/2016	27/10/2016	Dutch	PDF
Abridged model	31/03/2015	18/09/2015	25/09/2015	Dutch	PDF
Abridged model	31/03/2014	30/09/2014	31/10/2014	Dutch	PDF
Abridged model	31/03/2013	20/09/2013	18/10/2013	Dutch	PDF
Abridged model	31/03/2012	21/09/2012	20/10/2012	Dutch	PDF
Abridged model	31/03/2011	30/09/2011	27/10/2011	Dutch	PDF
Abridged model	31/03/2010	30/09/2010	29/10/2010	Dutch	PDF
Abridged model	31/03/2009	30/09/2009	26/10/2009	Dutch	PDF
Abridged model	31/03/2008	19/09/2008	17/10/2008	Dutch	PDF
Abridged model	31/03/2007	30/09/2007	30/10/2007	Dutch	PDF

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.

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

Arlette Vansintjan

Director · since 07 juillet 2022

Active

Hugo Pint

Director · since 07 juillet 2022

Active

Ended mandates

ARLETTE VANSINTJAN

Director

Ended

HUGO PINT

Mandate

Ended

HUGO PINT

Director

Ended

HUGO PINT

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/07/2022
WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Registered office23/07/2015
MAATSCHAPPELIJKE ZETEL
PDF
Mandates22/09/2003
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202530,9 k €↑
2024
Annual accounts 202417,7 k €↑
2023
Annual accounts 2023-202,9 k €↓
2022
Annual accounts 202219,8 k €↓
2022
Name changePIVAKS
2021
Annual accounts 2021114,5 k €↑
2020
Annual accounts 202046,3 k €↑
2019
Annual accounts 201933 k €↑
2018
Annual accounts 20181,8 k €↑
2017
Annual accounts 2017814,6 €↑
2016
Annual accounts 2016-27,4 k €↓
2015
Annual accounts 2015424 k €↑
2014
Annual accounts 20141,5 k €↓
2013
Annual accounts 2013111 k €↑
2012
Annual accounts 2012-11,4 k €↓
2011
Annual accounts 201134,4 k €↓
2010
Annual accounts 2010124,9 k €↓
2009
Annual accounts 2009249,9 k €↑
2008
Annual accounts 2008120,7 k €↓
2007
Annual accounts 2007135,1 k €
2007
Name changeAKSES GROEP
10/02/1999
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

PIVAKS

Overview

What does PIVAKS do?

Trend over 19 financial years

Indicative valuation

Board of directors

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