ACTIVE

P.F.B.

Financial year 2025 · Closed on 31/12/2025

Net result57,9 k €+86,5 %over 1 year

Gross margin191,9 k €+14,1 %over 1 year

Equity2,5 M €+2,4 %over 1 year

Identity

Source · BCE/KBO

P.F.B. is a Public limited company incorporated in 1999. Its main activity is: Management consultancy activities. Its registered office is in Liedekerke.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0466.848.825
Incorporation: 14/09/1999
Legal form: Public limited company
Registered office: Affligemsestraat 502
1770 Liedekerke · FlandreSee on map
Contributed capital: 62 000,00 €
Latest accounts: 31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	191,9 k €	+14.1%	168,2 k €	+17.9%	142,7 k €	+7.6%	132,6 k €	+2.3%	129,7 k €
EBITDA	189 k €	+14.5%	165,1 k €	+18.1%	139,8 k €	+7.7%	129,8 k €	+2.7%	126,4 k €
Operating result	159,9 k €	+17.6%	136 k €	+22.9%	110,7 k €	+1.2%	109,3 k €	-5.0%	115,1 k €
Net result	57,9 k €	+86.5%	31,1 k €	-90.9%	340,4 k €	+11293%	3 k €	-95.3%	63,2 k €
Balance sheet
Equity	2,5 M €	+2.4%	2,4 M €	+1.3%	2,4 M €	+16.7%	2 M €	+0.1%	2 M €
Total assets	3,2 M €	+1.2%	3,1 M €	-2.9%	3,2 M €	-4.4%	3,4 M €	+1.0%	3,3 M €
Cash	37,6 k €	-61.7%	98,3 k €	+95.6%	50,3 k €	-89.1%	462,4 k €	+3.4%	447,2 k €
Debts	694,6 k €	-3.1%	716,5 k €	-14.9%	842,3 k €	-36.7%	1,3 M €	+2.3%	1,3 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Frederik Balcaen	Director08/06/2007 → 31/08/2025
Paul Balcaen	Managing director08/06/2007 → 31/08/2025

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bert Balcaen	Director08/06/2007 → 2018 accounts

Other companies at this address

Affligemsestraat 502 1770 Liedekerke

Company	CBE no.
FINAP● Active	0438.735.354
Gracy Ramont en Partners● Active	0462.819.167
SOGNO● Active	0890.648.951

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Abridged model	Micro model	Micro model	Micro model
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	30/09/2026	26/09/2025	13/08/2024	31/08/2023	24/08/2022	29/10/2021
General meeting	29/09/2026	31/08/2025	12/08/2024	31/07/2023	19/08/2022	15/10/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	29/09/2026	30/09/2026	Dutch	PDF
Micro model	31/12/2024	31/08/2025	26/09/2025	Dutch	PDF
Abridged model	31/12/2023	12/08/2024	13/08/2024	Dutch	PDF
Micro model	31/12/2022	31/07/2023	31/08/2023	Dutch	PDF
Micro model	31/12/2021	19/08/2022	24/08/2022	Dutch	PDF
Micro model	31/12/2020	15/10/2021	29/10/2021	Dutch	PDF
Micro model	31/12/2019	12/09/2020	25/09/2020	Dutch	PDF
Micro model	31/12/2018	07/06/2019	27/09/2019	Dutch	PDF
Micro model	31/12/2017	08/06/2018	31/08/2018	Dutch	PDF
Micro model	31/12/2016	09/06/2017	29/09/2017	Dutch	PDF
Abridged model	31/12/2015	10/06/2016	28/10/2016	Dutch	PDF
Abridged model	31/12/2014	12/06/2015	30/10/2015	Dutch	PDF
Abridged model	31/12/2013	13/06/2014	25/07/2014	Dutch	PDF
Abridged model	31/12/2012	14/06/2013	26/11/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	28/09/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	11/06/2010	23/06/2010	Dutch	PDF
Abridged model	31/12/2008	12/06/2009	07/07/2009	Dutch	PDF
Abridged model	31/12/2007	13/06/2008	13/06/2008	Dutch	PDF
Abridged model	31/12/2006	15/06/2007	12/07/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Frederik Balcaen	Director08/06/2007 → 31/08/2025
Paul Balcaen	Managing director08/06/2007 → 31/08/2025

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bert Balcaen	Director08/06/2007 → 2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates09/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/02/2020
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares05/01/2018
Kapitaalsvermindering - Aanpassing van de statuten
PDF
Mandates03/04/2014
Herbenoeming bestuurders
PDF
Mandates17/10/2007
Herbenoeming bestuurders
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

Frederik Balcaen

Paul Balcaen

Bert Balcaen

1999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

P.F.B.

Affligemsestraat 502, 1770 Liedekerke

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Affligemsestraat 502, 1770 LiedekerkeCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00535764

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
P.F.B.Current	accounts 2021 → 2025	Accounts 2025 · 2026-00535764

Events

2025
Annual accounts 202557,9 k €↑
2024
Annual accounts 202431,1 k €↓
2023
Annual accounts 2023340,4 k €↑
2022
Annual accounts 20223 k €↓
2021
Annual accounts 202163,2 k €↑
2020
Annual accounts 202053,7 k €↑
2019
Annual accounts 201939,4 k €↑
2018
Annual accounts 201837 k €↓
2017
Annual accounts 201748,3 k €↓
2016
Annual accounts 2016495,6 k €↑
2015
Annual accounts 201528,8 k €↓
2014
Annual accounts 201497 k €↓
2013
Annual accounts 2013153,7 k €↑
2012
Annual accounts 2012109,8 k €↑
2011
Annual accounts 201150,6 k €↓
2010
Annual accounts 201083,1 k €↑
2009
Annual accounts 200966,7 k €↓
2008
Annual accounts 2008352,1 k €↑
2007
Annual accounts 200753,5 k €↑
2006
Annual accounts 200639,6 k €
14/09/1999
IncorporationPublic limited company

P.F.B.

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

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

Timeline

Registered offices

Company names

Events