ACTIVE

PHOTOLOGY

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Financial year 2025 · Closed on 31/12/2025

Net result792,2 €-90,8 %over 1 year
Gross margin25,4 k €-19,3 %over 1 year
Equity47,2 k €+1,7 %over 1 year

Identity

Source · BCE/KBO

PHOTOLOGY is a Private limited company incorporated in 2002. Its main activity is: Photographic activities. Its registered office is in Geraardsbergen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0478.089.244
Incorporation
01/08/2002
Legal form
Private limited company
Registered office
Zavelstraat(Ove) 86
9500 Geraardsbergen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 17 filings

Trend over 17 financial years

20252024202320222021
Income statement
Gross margin25,4 k €31,5 k €34,5 k €34,4 k €19,6 k €
EBITDA13,6 k €21,9 k €21,9 k €21,9 k €17,9 k €
Operating result5 k €13,6 k €3,1 k €3,6 k €3,1 k €
Net result792,2 €8,6 k €311 €321,1 €165,7 €
Balance sheet
Equity47,2 k €46,4 k €37,8 k €37,5 k €37,1 k €
Total assets61,6 k €66,6 k €63,3 k €69,9 k €82,5 k €
Cash22,8 k €2,7 k €19,3 k €19,3 k €25,7 k €
Debts14,4 k €19,8 k €25,5 k €32,5 k €40,9 k €

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

3 active · 3 ended

Active mandates

Karin Vandermeulen

Director · since 23 juin 2009

Active
Peter Bauwens

Director · since 23 juin 2009

Active
JORAN BAUWENS

Director

Active

Ended mandates

KARIN VANDER MEULEN

Director · since 23 juin 2009

Ended
KARIN VANDER MEULEN

Manager · since 23 juin 2009

Ended
PETER BAUWENS

Manager · since 23 juin 2009

Ended

Other companies at this address

Zavelstraat(Ove) 86 9500 Geraardsbergen
CompanyCBE no.
SHENDAO● Active
1027.561.877

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 date29/06/202603/07/202522/08/202426/07/202324/08/202224/08/2021
General meeting15/06/202616/06/202517/06/202419/06/202320/06/202221/06/2021
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, 17 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202515/06/202629/06/2026DutchPDF
Micro model31/12/202416/06/202503/07/2025DutchPDF
Micro model31/12/202317/06/202422/08/2024DutchPDF
Micro model31/12/202219/06/202326/07/2023DutchPDF
Micro model31/12/202120/06/202224/08/2022DutchPDF
Micro model31/12/202021/06/202124/08/2021DutchPDF
Micro model31/12/201915/06/202029/10/2020DutchPDF
Micro model31/12/201817/06/201927/08/2019DutchPDF
Micro model31/12/201718/06/201831/08/2018DutchPDF
Micro model31/12/201619/06/201725/07/2017DutchPDF
Abridged model31/12/201520/06/201630/08/2016DutchPDF
Abridged model31/12/201415/06/201521/08/2015DutchPDF
Abridged model31/12/201316/06/201426/08/2014DutchPDF
Abridged model31/12/201217/06/201321/08/2013DutchPDF
Abridged model31/12/201118/06/201230/08/2012DutchPDF
Abridged model31/12/201020/06/201125/08/2011DutchPDF
Abridged model31/12/200921/06/201024/08/2010DutchPDF

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

3 active · 3 ended

Active mandates

Karin Vandermeulen

Director · since 23 juin 2009

Active
Peter Bauwens

Director · since 23 juin 2009

Active
JORAN BAUWENS

Director

Active

Ended mandates

KARIN VANDER MEULEN

Director · since 23 juin 2009

Ended
KARIN VANDER MEULEN

Manager · since 23 juin 2009

Ended
PETER BAUWENS

Manager · since 23 juin 2009

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates29/01/2024
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/07/2009
    DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    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 2025792,2 €↓
  2. 2024
    Annual accounts 20248,6 k €↑
  3. 2023
    Annual accounts 2023311 €↓
  4. 2022
    Annual accounts 2022321,1 €↑
  5. 2021
    Annual accounts 2021165,7 €↓
  6. 2020
    Annual accounts 20203,7 k €↑
  7. 2019
    Annual accounts 2019252,1 €↓
  8. 2018
    Annual accounts 2018952,7 €↓
  9. 2017
    Annual accounts 20172,7 k €↓
  10. 2016
    Annual accounts 20165,4 k €↑
  11. 2015
    Annual accounts 20151,5 €↓
  12. 2014
    Annual accounts 2014491,9 €↓
  13. 2013
    Annual accounts 20131 k €↑
  14. 2012
    Annual accounts 20121 k €↑
  15. 2011
    Annual accounts 2011-7,6 k €↓
  16. 2010
    Annual accounts 20102,3 k €↑
  17. 2009
    Annual accounts 2009608,7 €
  18. 01/08/2002
    IncorporationPrivate limited company