ACTIVE

PEGASE

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Financial year 2025 · closed on 30/06/2025

Net result

56,8 M €

+410.9% YoY

Equity

205,7 M €

+38.1% YoY

What does PEGASE do?

PEGASE is a Private limited company incorporated in 2015. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0644.419.203

Incorporation

11/12/2015

Legal form

Private limited company

Registered office

Della Faillelaan 58
2020 Antwerpen · FlandreSee on map

Latest accounts

30/06/2025

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 10 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016
Income statement
EBITDA	-1,3 M €	-173%	-475,2 k €	-76.1%	-269,9 k €	-10.2%	-244,9 k €	-67.7%	-146 k €	+43.4%	-258 k €	-153%	-101,9 k €	+3.9%	-106 k €	-7.4%	-98,7 k €	+15.4%	-116,6 k €
Operating result	-1,5 M €	-127%	-667,9 k €	-54.2%	-433,2 k €	-14.7%	-377,6 k €	-48.3%	-254,7 k €	+21.0%	-322,2 k €	-41.6%	-227,5 k €	-17.5%	-193,6 k €	-96.1%	-98,7 k €	+15.4%	-116,6 k €
Net result	56,8 M €	+411%	11,1 M €	+63.2%	6,8 M €	+1124%	556,4 k €	-97.9%	26,4 M €	+340%	6 M €	+15.9%	5,2 M €	-56.9%	12 M €	+429%	2,3 M €	+82.7%	1,2 M €
Balance sheet
Equity	205,7 M €	+38.1%	149 M €	+8.1%	137,9 M €	+5.2%	131 M €	+0.4%	130,5 M €	+25.4%	104,1 M €	+6.1%	98,1 M €	+5.6%	92,9 M €	+14.8%	80,9 M €	+2.9%	78,6 M €
Total assets	205,9 M €	+38.0%	149,2 M €	+8.1%	137,9 M €	+5.2%	131,2 M €	+0.4%	130,6 M €	+25.4%	104,2 M €	+6.2%	98,1 M €	+5.5%	92,9 M €	+12.1%	82,9 M €	+1.9%	81,4 M €
Cash	13,7 M €	+90.4%	7,2 M €	+375%	1,5 M €	-93.1%	21,9 M €	-20.5%	27,5 M €	+1344%	1,9 M €	-40.4%	3,2 M €	+6634%	47,5 k €	-94.1%	805,6 k €	-42.7%	1,4 M €
Debts	170,5 k €	+277%	45,3 k €	-40.8%	76,5 k €	-36.8%	121 k €	-5.6%	128,2 k €	+4.6%	122,6 k €	+559%	18,6 k €	-59.0%	45,3 k €	-97.8%	2 M €	-25.8%	2,8 M €
Other
Workforce	–		–		–		–		1,0 ETP	0.0%	1,0 ETP		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 7 ended

Active mandates

Jacques Delen

Director · since 23 juin 2020

Active

Ended mandates

Alexander Delen

Director · since 11 décembre 2015 · until 17 novembre 2021

Ended

Alexandre Delen

Director · since 11 décembre 2015 · until 23 juin 2020

Ended

Alexandre Delen

Director · since 11 décembre 2015 · until 17 novembre 2021

Ended

DELEN M.M.I.

Director · since 11 décembre 2015 · until 16 mars 2020 · 0441.605.267

Represented by Jacques Delen

Ended

At this address

Other companies at this address

Company	CBE no.
Exceptional Outdoor Living● Active	0453.074.825
FIDEPARK● Active	0428.958.645
LEPAGE CONSULTING GROUP● Active	0449.090.006
PROMOFI● Active	0644.417.520
SCHOTSPARK● Active	0666.415.833
SIDEC● Active	0435.576.817

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	02/12/2025	09/12/2024	19/12/2023	22/11/2022	29/11/2021	24/11/2020
General meeting	19/11/2025	20/11/2024	15/11/2023	16/11/2022	17/11/2021	18/11/2020
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

11 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	30/06/2025	19/11/2025	02/12/2025	Dutch	PDF
Full model	30/06/2024	20/11/2024	09/12/2024	Dutch	PDF
Full model	30/06/2023	15/11/2023	19/12/2023	Dutch	PDF
Full model	30/06/2022	16/11/2022	22/11/2022	Dutch	PDF
Full model	30/06/2021	17/11/2021	29/11/2021	Dutch	PDF
Full model	30/06/2020	18/11/2020	24/11/2020	Dutch	PDF
Full model	30/06/2019	20/11/2019	17/12/2019	Dutch	PDF
Full model	30/06/2018	21/11/2018	30/11/2018	Dutch	PDF
Full model	30/06/2017	15/11/2017	07/12/2017	Dutch	PDF
Full modelCorrection	30/06/2016	16/11/2016	30/11/2017	Dutch	PDF
Full model	30/06/2016	16/11/2016	01/12/2016	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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.

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 7 ended

Active mandates

Jacques Delen

Director · since 23 juin 2020

Active

Ended mandates

Alexander Delen

Director · since 11 décembre 2015 · until 17 novembre 2021

Ended

Alexandre Delen

Director · since 11 décembre 2015 · until 23 juin 2020

Ended

Alexandre Delen

Director · since 11 décembre 2015 · until 17 novembre 2021

Ended

DELEN M.M.I.

Director · since 11 décembre 2015 · until 16 mars 2020 · 0441.605.267

Represented by Jacques Delen

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other04/06/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other12/03/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
PDF
Mandates06/02/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/01/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/07/2020
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates16/03/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/02/2019
ONTSLAGEN - BENOEMINGEN
PDF
Other22/12/2015
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 202556,8 M €↑
20/11/2024
reconductionDirk Smets — commissaris
2024
Annual accounts 202411,1 M €↑
2023
Annual accounts 20236,8 M €↑
2022
Annual accounts 2022556,4 k €↓
2021
Annual accounts 202126,4 M €↑
2020
Annual accounts 20206 M €↑
2019
Annual accounts 20195,2 M €↓
2018
Annual accounts 201812 M €↑
2017
Annual accounts 20172,3 M €↑
2016
Annual accounts 20161,2 M €
11/12/2015
IncorporationPrivate 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

PEGASE

Overview

What does PEGASE 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