NORMAL SITUATION

PENDO

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

4,6 k €

+9.9% YoY

Gross margin

-11,4 k €

Equity

578,1 k €

+0.8% YoY

Workforce

0,0 ETP

Company — Normal situation.

What does PENDO do?

PENDO is a company registered in Belgium.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0472.229.355

Legal form

Public limited company

Contributed capital

374 000,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Joint committees (1)

Signals

ProfitableSolid equityGood liquidityPositive cashflow

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-11,4 k €		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	-11,9 k €	+20.3%	-15 k €	+47.7%	-28,7 k €	-1692%	-1,6 k €	-104%	40,8 k €	+120%	18,5 k €	-90.1%	186,3 k €	+688%	23,6 k €	-34.0%	35,8 k €	-46.3%	66,7 k €	+14.6%	58,2 k €	-26.8%	79,5 k €	+76.0%	45,2 k €	-54.4%	99,1 k €	-13.7%	114,8 k €	-27.3%	157,9 k €	+25.5%	125,8 k €	+11.0%	113,4 k €	+21.6%	93,2 k €	+340%	-38,9 k €
Operating result	-11,9 k €	+20.3%	-15 k €	+47.7%	-28,7 k €	-1692%	-1,6 k €	-104%	40,8 k €	+120%	18,5 k €	-90.1%	186,3 k €	+688%	23,6 k €	-34.0%	35,8 k €	-46.3%	66,7 k €	+14.6%	58,2 k €	-26.8%	79,5 k €	+76.0%	45,2 k €	-54.4%	99,1 k €	-13.7%	114,8 k €	-27.2%	157,6 k €	+27.0%	124,2 k €	+9.9%	112,9 k €	+23.5%	91,4 k €	+324%	-40,9 k €
Net result	4,6 k €	+9.9%	4,2 k €	+117%	-25,2 k €	-11689%	-214,1 €	-101%	31,6 k €	+159%	12,2 k €	-90.5%	128,1 k €	+523%	20,6 k €	-47.6%	39,3 k €	-50.1%	78,7 k €	+19.9%	65,6 k €	-23.9%	86,1 k €	+74.8%	49,3 k €	-50.0%	98,5 k €	-10.0%	109,5 k €	-25.8%	147,6 k €	+26.1%	117 k €	+22.9%	95,2 k €	+29.3%	73,6 k €	+222%	-60,2 k €
Balance sheet
Equity	578,1 k €	+0.8%	573,5 k €	+0.7%	569,2 k €	-4.2%	594,5 k €	-0.0%	594,7 k €	+5.6%	563,1 k €	+2.2%	550,8 k €	+30.3%	422,7 k €	+5.1%	402,2 k €	+10.8%	362,9 k €	+27.7%	284,3 k €	+30.0%	218,7 k €	+65.0%	132,5 k €	+59.2%	83,3 k €	+647%	-15,2 k €	+87.8%	-124,7 k €	+54.2%	-272,3 k €	+30.1%	-389,3 k €	+19.7%	-484,6 k €	+13.2%	-558,2 k €
Total assets	580,5 k €	+1.2%	573,9 k €	+0.6%	570,4 k €	-4.8%	599,3 k €	-56.7%	1,4 M €	+76.7%	783,8 k €	+28.9%	608,1 k €	-4.9%	639,7 k €	+5.5%	606,1 k €	-15.5%	717,6 k €	+106%	348,9 k €	+0.2%	348 k €	+69.4%	205,4 k €	+5.3%	195,1 k €	+121%	88,2 k €	-27.0%	120,7 k €	-34.2%	183,6 k €	+329%	42,8 k €	+3.9%	41,2 k €	-68.8%	131,9 k €
Cash	580,2 k €	+450%	105,6 k €	+5.0%	100,6 k €	-82.5%	575,8 k €	+1632%	33,2 k €	-93.8%	532,3 k €	-0.2%	533,3 k €	+655%	70,6 k €	+95.7%	36,1 k €	+2893%	1,2 k €	-95.7%	28,1 k €	-78.1%	128,3 k €	+135%	54,6 k €	-69.4%	178,5 k €	+460%	31,9 k €	+14.5%	27,8 k €	-72.5%	101,3 k €	+259%	28,2 k €	+138%	11,8 k €	+106%	5,7 k €
Debts	2,4 k €	+511%	387,3 €	+69.7%	228,2 €	-95.2%	4,8 k €	-99.4%	787,5 k €	+258%	220,2 k €	+294%	55,9 k €	-74.0%	215,3 k €	+8.8%	197,9 k €	-43.9%	352,7 k €	+502%	58,6 k €	-52.5%	123,3 k €	+84.5%	66,8 k €	-37.3%	106,7 k €	+7.3%	99,4 k €	-58.7%	240,6 k €	-46.9%	452,8 k €	+6.9%	423,5 k €	-18.1%	517,1 k €	-24.6%	686 k €
Other
Workforce	0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		0,8 ETP

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 15 ended

Active mandates

WILL & CO BV BV

Director · since 09 février 2026 · until 02 juin 2028

Represented by Willem Houwer Van Lindonk

Active

JAHOUVALIN BV BV

Managing director · since 30 juin 2022 · until 02 juin 2028 · 0866.815.754

Represented by Jacob Houwer van Lindonk

Active

Ended mandates

JAHOUVALIN BV

Managing director · since 30 juin 2022 · until 02 juin 2028 · 0866.815.754

Represented by Jacob Houwer van Lindonk

Ended

WILL & CO BV

Director · since 30 juin 2022 · until 02 juin 2028

Represented by Jorg Jan-Hero Heeringa

Ended

WILL & CO BV BV

Director · since 30 juin 2022 · until 02 juin 2028

Represented by Jorg Jan-Hero Heeringa

Ended

JAHOUVALIN Bv

Managing director · since 03 juin 2016 · until 03 juin 2022

Represented by Jacob Houwer van Lindonk

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Full model	Full model	Full model	Full model	Full 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	08/06/2026	25/07/2025	31/07/2024	19/07/2023	30/09/2022	01/09/2021
General meeting	01/04/2026	06/06/2025	07/06/2024	02/06/2023	30/06/2022	30/07/2021
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

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

25 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	01/04/2026	08/06/2026	Dutch	PDF
Full model	31/12/2024	06/06/2025	25/07/2025	Dutch	PDF
Full model	31/12/2023	07/06/2024	31/07/2024	Dutch	PDF
Full model	31/12/2022	02/06/2023	19/07/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	30/09/2022	Dutch	PDF
Full model	31/12/2020	30/07/2021	01/09/2021	Dutch	PDF
Full model	31/12/2019	31/07/2020	14/08/2020	Dutch	PDF
Full model	31/12/2018	07/06/2019	23/07/2019	Dutch	PDF
Full model	31/12/2017	01/06/2018	31/07/2018	Dutch	PDF
Full model	31/12/2016	02/06/2017	30/06/2017	Dutch	PDF
Full model	31/12/2015	03/06/2016	28/07/2016	Dutch	PDF
Full model	31/12/2014	05/06/2015	01/07/2015	Dutch	PDF
Full model	31/12/2013	06/06/2014	04/07/2014	Dutch	PDF
Full model	31/12/2012	07/06/2013	03/07/2013	Dutch	PDF
Full model	31/12/2011	01/06/2012	09/07/2012	Dutch	PDF
Full model	31/12/2010	03/06/2011	01/07/2011	Dutch	PDF
Full model	31/12/2009	04/06/2010	24/06/2010	Dutch	PDF
Full model	31/12/2008	05/06/2009	02/07/2009	Dutch	PDF
Full model	31/12/2007	06/06/2008	30/06/2008	Dutch	PDF
Full model	31/12/2006	01/06/2007	28/06/2007	Dutch	PDF
Full model	31/12/2005	02/06/2006	30/06/2006	Dutch	PDF
Full model	31/12/2004	03/06/2005	28/06/2005	Dutch	PDF
Full model	31/12/2003	22/06/2004	30/06/2004	Dutch	PDF
Abridged model	30/09/2002	07/03/2003	31/03/2003	Dutch	PDF

View all 25 filings

Estimate

Indicative valuation

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 · 15 ended

Active mandates

WILL & CO BV BV

Director · since 09 février 2026 · until 02 juin 2028

Represented by Willem Houwer Van Lindonk

Active

JAHOUVALIN BV BV

Managing director · since 30 juin 2022 · until 02 juin 2028 · 0866.815.754

Represented by Jacob Houwer van Lindonk

Active

Ended mandates

JAHOUVALIN BV

Managing director · since 30 juin 2022 · until 02 juin 2028 · 0866.815.754

Represented by Jacob Houwer van Lindonk

Ended

WILL & CO BV

Director · since 30 juin 2022 · until 02 juin 2028

Represented by Jorg Jan-Hero Heeringa

Ended

WILL & CO BV BV

Director · since 30 juin 2022 · until 02 juin 2028

Represented by Jorg Jan-Hero Heeringa

Ended

JAHOUVALIN Bv

Managing director · since 03 juin 2016 · until 03 juin 2022

Represented by Jacob Houwer van Lindonk

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Dissolution05/05/2026
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
PDF
Capital / shares22/03/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - KAPITAAL - AANDELEN
PDF
Mandates16/03/2023
ONTSLAGEN - BENOEMINGEN
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 20254,6 k €↑
2024
Annual accounts 20244,2 k €↑
2023
Annual accounts 2023-25,2 k €↓
2022
Annual accounts 2022-214,1 €↓
2021
Annual accounts 202131,6 k €↑
2020
Annual accounts 202012,2 k €↓
2019
Annual accounts 2019128,1 k €↑
2018
Annual accounts 201820,6 k €↓
2017
Annual accounts 201739,3 k €↓
2016
Annual accounts 201678,7 k €↑
2015
Annual accounts 201565,6 k €↓
2014
Annual accounts 201486,1 k €↑
2013
Annual accounts 201349,3 k €↓
2012
Annual accounts 201298,5 k €↓
2011
Annual accounts 2011109,5 k €↓
2010
Annual accounts 2010147,6 k €↑
2009
Annual accounts 2009117 k €↑
2008
Annual accounts 200895,2 k €↑
2007
Annual accounts 200773,6 k €↑
2006
Annual accounts 2006-60,2 k €

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

PENDO

Overview

What does PENDO do?

Trend over 20 financial years

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