PBL-X
0479.874.044 · rovalta.com · 23/09/2026
ACTIVE
PBL-X
Financial year 2025 · closed on 31/12/2025
Net result
142,4 k €
+14.9% YoY
Gross margin
360,8 k €
+7.3% YoY
Equity
48,6 k €
+0.9% YoY
Workforce
3,3 ETP
+3.1% YoY
Overview
What does PBL-X do?
PBL-X is a Private limited company incorporated in 2003. Its registered office is in Brugge. It employs on average 3,3 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0479.874.044
Incorporation
28/03/2003
Legal form
Private limited company
Registered office
Gerard Davidstraat 46 box 1
8000 Brugge · FlandreSee on map
8000 Brugge · FlandreSee on map
Contributed capital
7 650,00 €
Latest accounts
31/12/2025
Average workforce
3,3 ETP
Joint committees (3)
- 100
- 200
- 336
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Gross margin | 360,8 k € | +7.3% | 336,4 k € | +7.2% | 313,7 k € | +167% | 117,7 k € | -79.1% | 563,7 k € | +82.5% | 308,9 k € | +18.7% | 260,3 k € | -57.3% | 609,4 k € | -25.9% | 822,7 k € | +89.4% | 434,4 k € | -64.1% | 1,2 M € | +141% | 502,2 k € | +16.3% | 431,7 k € | +22.5% | 352,4 k € | -12.9% | 404,7 k € | -2.2% | 413,6 k € | +9.8% | 376,7 k € | -13.6% | 435,9 k € |
| EBITDA | 145,4 k € | +12.6% | 129,1 k € | -22.5% | 166,6 k € | +343% | -68,7 k € | -119% | 370,6 k € | +186% | 129,5 k € | +98.6% | 65,2 k € | -84.0% | 408,3 k € | -32.6% | 605,4 k € | +234% | 181,4 k € | -81.5% | 979,1 k € | +227% | 299,1 k € | +0.9% | 296,4 k € | +30.8% | 226,7 k € | -17.8% | 275,8 k € | -8.1% | 300,2 k € | +11.4% | 269,4 k € | -19.7% | 335,5 k € |
| Operating result | 144 k € | +12.4% | 128,1 k € | -23.1% | 166,5 k € | +340% | -69,4 k € | -120% | 353,6 k € | +232% | 106,4 k € | +151% | 42,4 k € | -89.0% | 385,2 k € | -33.6% | 579,7 k € | +332% | 134,1 k € | -85.4% | 916,1 k € | +433% | 171,9 k € | -7.0% | 184,8 k € | +61.7% | 114,3 k € | -27.7% | 158,2 k € | -12.1% | 180 k € | +22.9% | 146,5 k € | -29.8% | 208,6 k € |
| Net result | 142,4 k € | +14.9% | 123,9 k € | -24.3% | 163,7 k € | +331% | -70,8 k € | -120% | 349,8 k € | +253% | 99,2 k € | +195% | 33,6 k € | -91.1% | 378,5 k € | -32.4% | 559,9 k € | +155% | 219,9 k € | -75.7% | 905,5 k € | +457% | 162,5 k € | -6.2% | 173,2 k € | +77.7% | 97,5 k € | -26.2% | 132,1 k € | -13.3% | 152,4 k € | +37.4% | 110,9 k € | -32.6% | 164,4 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 48,6 k € | +0.9% | 48,2 k € | -2.2% | 49,3 k € | +338% | -20,7 k € | -141% | 50,1 k € | +2.3% | 49 k € | +0.4% | 48,9 k € | +1.4% | 48,2 k € | +1.0% | 47,7 k € | +0.8% | 47,3 k € | +1.9% | 46,4 k € | +1.6% | 45,7 k € | +1.1% | 45,2 k € | -13.0% | 52 k € | -12.6% | 59,5 k € | -4.6% | 62,4 k € | +4.0% | 60 k € | +2.4% | 58,6 k € |
| Total assets | 535,5 k € | +8.1% | 495,6 k € | -27.6% | 684,4 k € | +16.2% | 589,2 k € | +20.5% | 489,1 k € | -15.7% | 579,8 k € | -26.4% | 788,1 k € | +19.2% | 661 k € | -22.2% | 849,8 k € | -31.7% | 1,2 M € | -62.7% | 3,3 M € | +213% | 1,1 M € | +51.5% | 703,9 k € | -16.1% | 839,5 k € | -43.6% | 1,5 M € | +48.7% | 1 M € | -13.5% | 1,2 M € | -1.7% | 1,2 M € |
| Cash | 294 k € | +60.0% | 183,8 k € | -59.6% | 454,9 k € | +40.8% | 323 k € | +176% | 117,2 k € | -48.6% | 227,9 k € | -36.7% | 360 k € | +86.9% | 192,6 k € | +10.5% | 174,4 k € | -68.0% | 544,2 k € | -76.1% | 2,3 M € | +247% | 656,4 k € | +133% | 282,3 k € | -22.4% | 363,7 k € | -58.9% | 885 k € | +234% | 264,8 k € | -12.8% | 303,6 k € | +42.2% | 213,5 k € |
| Debts | 485,7 k € | +9.2% | 444,6 k € | -30.0% | 635,1 k € | +4.1% | 609,9 k € | +38.9% | 438,9 k € | -17.3% | 530,8 k € | -28.2% | 739,2 k € | +20.6% | 612,8 k € | -23.6% | 802,1 k € | -33.0% | 1,2 M € | -63.6% | 3,3 M € | +222% | 1 M € | +55.0% | 658,7 k € | -16.4% | 787,5 k € | -44.7% | 1,4 M € | +51.6% | 938,9 k € | -14.5% | 1,1 M € | +0.8% | 1,1 M € |
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | 3,3 ETP | +3.1% | 3,2 ETP | +28.0% | 2,5 ETP | -26.5% | 3,4 ETP | -10.5% | 3,8 ETP | -9.5% | 4,2 ETP | -4.5% | 4,4 ETP | -12.0% | 5,0 ETP | -7.4% | 5,4 ETP | -16.9% | 6,5 ETP | +14.0% | 5,7 ETP | +9.6% | 5,2 ETP | +26.8% | 4,1 ETP | +20.6% | 3,4 ETP | -12.8% | 3,9 ETP | +14.7% | 3,4 ETP | -8.1% | 3,7 ETP | +2.8% | 3,6 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 5 active · 20 ended
Active mandates
Ended mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
Advocaat Claeys Febe● Active | 1001.257.853 |
ALPHIBA● Active | 0551.894.960 |
CD SIGNATUUR● Active | 0730.633.296 |
SVV INVEST● Active | 0462.309.621 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged 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 | 30/07/2026 | 30/07/2025 | 26/07/2024 | 03/07/2023 | 25/07/2022 | 26/07/2021 |
| General meeting | 30/06/2026 | 30/06/2025 | 28/06/2024 | 03/06/2023 | 30/06/2022 | 30/06/2021 |
| 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 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 30/06/2026 | 30/07/2026 | Dutch | |
| Abridged model | 31/12/2024 | 30/06/2025 | 30/07/2025 | Dutch | |
| Abridged model | 31/12/2023 | 28/06/2024 | 26/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 03/06/2023 | 03/07/2023 | Dutch | |
| Abridged model | 31/12/2021 | 30/06/2022 | 25/07/2022 | Dutch | |
| Abridged model | 31/12/2020 | 30/06/2021 | 26/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 29/06/2020 | 28/07/2020 | Dutch | |
| Abridged model | 31/12/2018 | 20/06/2019 | 03/07/2019 | Dutch | |
| Abridged model | 31/12/2017 | 30/06/2018 | 06/08/2018 | Dutch | |
| Abridged model | 31/12/2016 | 30/06/2017 | 27/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 30/06/2016 | 14/07/2016 | Dutch | |
| Abridged model | 31/12/2014 | 06/06/2015 | 07/07/2015 | Dutch | |
| Abridged model | 31/12/2013 | 28/06/2014 | 10/07/2014 | Dutch | |
| Abridged model | 31/12/2012 | 29/06/2013 | 19/07/2013 | Dutch | |
| Abridged model | 31/12/2011 | 29/06/2012 | 23/07/2012 | Dutch | |
| Abridged model | 31/12/2010 | 30/06/2011 | 25/07/2011 | Dutch | |
| Abridged model | 31/12/2009 | 26/06/2010 | 13/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 30/06/2009 | 10/07/2009 | Dutch | |
| Abridged model | 31/12/2007 | 30/06/2008 | 17/07/2008 | Dutch | |
| Abridged model | 31/12/2006 | 30/06/2007 | 19/07/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 5 active · 20 ended
Active mandates
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates02/04/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
- Mandates28/12/2023ONTSLAGEN - BENOEMINGEN
- Mandates19/07/2017ONTSLAGEN - BENOEMINGEN
- Registered office11/09/2007MAATSCHAPPELIJKE ZETEL
- Other07/04/2003RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025142,4 k €↑
- 2024Annual accounts 2024123,9 k €↓
- 2023Annual accounts 2023163,7 k €↑
- 2023Name changePBL-X
- 2022Annual accounts 2022-70,8 k €↓
- 2021Annual accounts 2021349,8 k €↑
- 2021Name changeAdvocatenassociatie Staelens, Van den Berghe & Vrombaut
- 2018Annual accounts 201899,2 k €↑
- 2017Annual accounts 201733,6 k €↓
- 2016Annual accounts 2016378,5 k €↓
- 2015Annual accounts 2015559,9 k €↑
- 2014Annual accounts 2014219,9 k €↓
- 2013Annual accounts 2013905,5 k €↑
- 2012Annual accounts 2012162,5 k €↓
- 2011Annual accounts 2011173,2 k €↑
- 2010Annual accounts 201097,5 k €↓
- 2009Annual accounts 2009132,1 k €↓
- 2008Annual accounts 2008152,4 k €↑
- 2007Annual accounts 2007110,9 k €↓
- 2006Annual accounts 2006164,4 k €
- 28/03/2003IncorporationPrivate limited company