ACTIVE

Pimalion

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Financial year 2025 · closed on 31/12/2025

Net result

-142,3 k €

+44.6% YoY

Gross margin

195,7 k €

-2.0% YoY

Equity

333,2 k €

-29.9% YoY

What does Pimalion do?

Pimalion is a Public limited company incorporated in 2015. Its registered office is in La Hulpe.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0632.990.524

Incorporation

02/07/2015

Legal form

Public limited company

Registered office

Chaussée de Bruxelles 135A box 3
1310 La Hulpe · WallonieSee on map

Contributed capital

786 500,00 €

Latest accounts

31/12/2025

Signals

Solid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 10 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016
Income statement
Gross margin	195,7 k €	-2.0%	199,8 k €	-16.8%	240,2 k €	-62.1%	634,3 k €	+0.3%	632,4 k €	+68.2%	375,9 k €	+335%	-160,3 k €	-168%	234,1 k €	+37.7%	170 k €	+430%	-51,5 k €
EBITDA	188,1 k €	+115%	87,6 k €	+12.0%	78,2 k €	-84.4%	500,6 k €	-11.2%	564 k €	+50.7%	374,2 k €	+272%	-217 k €	-207%	201,8 k €	+121%	91,2 k €	+228%	-71,3 k €
Operating result	-114,2 k €	+44.6%	-206,2 k €	-41.6%	-145,6 k €	-141%	353 k €	-17.6%	428,6 k €	+191%	147,4 k €	+137%	-403 k €	-860%	53 k €	+156%	-94,4 k €	+58.4%	-226,6 k €
Net result	-142,3 k €	+44.6%	-256,7 k €	-46.5%	-175,3 k €	-156%	312,4 k €	-22.1%	400,7 k €	+204%	131,7 k €	+135%	-377,3 k €	-1175%	35,1 k €	+125%	-139,2 k €	+42.5%	-242,3 k €
Balance sheet
Equity	333,2 k €	-29.9%	475,5 k €	-24.8%	632,3 k €	-21.7%	807,6 k €	+63.1%	495,2 k €	+424%	94,5 k €	+354%	-37,2 k €	-117%	215,1 k €	+1176%	-20 k €	-117%	119,2 k €
Total assets	1,1 M €	-49.3%	2,2 M €	+43.6%	1,5 M €	+7.2%	1,4 M €	+48.5%	949,3 k €	+15.5%	822,3 k €	+6.1%	774,7 k €	+9.6%	707 k €	+60.4%	440,8 k €	-11.3%	496,8 k €
Cash	19,3 k €	-91.0%	215,2 k €	+698%	27 k €	-12.8%	30,9 k €	+147%	12,5 k €	+0.2%	12,5 k €	-47.9%	24 k €	+71.0%	14 k €	-59.0%	34,2 k €	+118%	15,7 k €
Debts	714,8 k €	-57.7%	1,7 M €	+94.0%	869,8 k €	+44.3%	602,6 k €	+32.7%	454,1 k €	-37.2%	723,3 k €	-10.9%	811,9 k €	+95.1%	416,2 k €	-7.9%	451,8 k €	+23.1%	367,1 k €
Other
Workforce	–		0,7 ETP	-65.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP		–		–		0,8 ETP	-11.1%	0,9 ETP	+200%	0,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 9 ended

Active mandates

Philippe BINDELS

Managing director

Active

Ended mandates

ACDC Services

Mandate · 0747.572.565

Ended

Duor Management

Director · 0632.682.005

Ended

Francis BILARD

Director

Ended

Myriam BLANPAIN

Director

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	01/07/2026	30/06/2025	30/06/2024	27/06/2023	13/05/2022	11/03/2021
General meeting	18/05/2026	19/05/2025	10/06/2024	05/06/2023	06/04/2022	01/03/2021
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

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Filings

Annual accounts filings

10 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	18/05/2026	01/07/2026	French	PDF
Abridged model	31/12/2024	19/05/2025	30/06/2025	French	PDF
Abridged model	31/12/2023	10/06/2024	30/06/2024	French	PDF
Abridged model	31/12/2022	05/06/2023	27/06/2023	French	PDF
Abridged model	31/12/2021	06/04/2022	13/05/2022	French	PDF
Micro model	31/12/2020	01/03/2021	11/03/2021	French	PDF
Micro model	31/12/2019	04/06/2020	24/08/2020	French	PDF
Abridged model	31/12/2018	12/06/2019	09/07/2019	French	PDF
Abridged model	31/12/2017	25/06/2018	29/06/2018	French	PDF
Abridged model	31/12/2016	15/05/2017	01/06/2017	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 9 ended

Active mandates

Philippe BINDELS

Managing director

Active

Ended mandates

ACDC Services

Mandate · 0747.572.565

Ended

Duor Management

Director · 0632.682.005

Ended

Francis BILARD

Director

Ended

Myriam BLANPAIN

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/04/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates08/07/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates16/04/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates07/03/2024
DENOMINATION - SIEGE SOCIAL - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates25/08/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates25/01/2021
DEMISSIONS, NOMINATIONS
PDF
Capital / shares06/01/2020
CAPITAL, ACTIONS
PDF
Mandates19/06/2019
DEMISSIONS, NOMINATIONS
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 2025-142,3 k €↑
2024
Annual accounts 2024-256,7 k €↓
2023
Annual accounts 2023-175,3 k €↓
2023
Name changePimalion
2022
Annual accounts 2022312,4 k €↓
2021
Annual accounts 2021400,7 k €↑
2020
Annual accounts 2020131,7 k €↑
2019
Annual accounts 2019-377,3 k €↓
2018
Annual accounts 201835,1 k €↑
2017
Annual accounts 2017-139,2 k €↑
2016
Annual accounts 2016-242,3 k €
2016
Name changeRomulus
02/07/2015
IncorporationPublic 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

Pimalion

Overview

What does Pimalion do?

Trend over 10 financial years

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