ACTIVE

PICO

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Financial year 2025 · closed on 30/09/2025
Net result
5,6 k €
-96.8% YoY
Gross margin
-2,5 k €
-101.3% YoY
Equity
338,5 k €
+1.4% YoY

What does PICO do?

PICO is a Private limited company incorporated in 2015. Its main activity is: Activities of holding companies. Its registered office is in Avelgem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0644.717.923
Incorporation
21/12/2015
Legal form
Private limited company
Registered office
Doorniksesteenweg 151 box 103
8580 Avelgem · FlandreSee on map
Contributed capital
127 500,00 €
Latest accounts
30/09/2025
Activities (NACE)
64200Activities of holding companies· main64210Activities of holding companies
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin-2,5 k €194,2 k €-31,3 €4,6 k €6,6 k €5,3 k €-2,6 k €3,3 k €16,9 k €
EBITDA-3,1 k €193,1 k €-640,8 €4,4 k €6,1 k €4,7 k €-3,2 k €2,9 k €14,2 k €
Operating result-3,1 k €193 k €-807,9 €4,2 k €5,4 k €3,2 k €-4,8 k €1,1 k €8,4 k €
Net result5,6 k €174,8 k €29,5 k €2,8 k €4,6 k €3,2 k €-4,8 k €953,5 €-3,1 k €
Balance sheet
Equity338,5 k €333,7 k €344,8 k €316,1 k €313,3 k €308,7 k €305,5 k €310,3 k €309,4 k €
Total assets348,9 k €371,9 k €642,4 k €626,3 k €626,9 k €632,1 k €627,9 k €634,3 k €642,1 k €
Cash82,9 k €355 k €15,5 k €1 k €1,5 k €885 €100,7 €46,3 €830,2 €
Debts8,9 k €37,6 k €295,1 k €309,1 k €312 k €323,4 k €322,4 k €324 k €332,7 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 3 ended

Active mandates

Dirk Guilbert

Director · since 22 mars 2024

Active

Ended mandates

Dirk Guilbert

Director · since 21 décembre 2015

Ended
Dirk Guilbert

Director

Ended
Dirk Guilbert

Manager

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/04/202629/04/202530/04/202428/04/202312/04/202213/04/2021
General meeting28/03/202629/03/202527/04/202431/03/202326/03/202227/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202528/03/202629/04/2026DutchPDF
Micro model30/09/202429/03/202529/04/2025DutchPDF
Abridged model30/09/202327/04/202430/04/2024DutchPDF
Abridged model30/09/202231/03/202328/04/2023DutchPDF
Abridged model30/09/202126/03/202212/04/2022DutchPDF
Abridged model30/09/202027/03/202113/04/2021DutchPDF
Abridged model30/09/201928/03/202020/04/2020DutchPDF
Abridged model30/09/201830/03/201923/04/2019DutchPDF
Abridged model30/09/201731/03/201810/04/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 30/09/2025 · 1 active · 3 ended

Active mandates

Dirk Guilbert

Director · since 22 mars 2024

Active

Ended mandates

Dirk Guilbert

Director · since 21 décembre 2015

Ended
Dirk Guilbert

Director

Ended
Dirk Guilbert

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/04/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other23/12/2015
    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

Timeline

  1. 2025
    Annual accounts 20255,6 k €↓
  2. 2024
    Annual accounts 2024174,8 k €↑
  3. 2023
    Annual accounts 202329,5 k €↑
  4. 2022
    Annual accounts 20222,8 k €↓
  5. 2021
    Annual accounts 20214,6 k €↑
  6. 2020
    Annual accounts 20203,2 k €↑
  7. 2019
    Annual accounts 2019-4,8 k €↓
  8. 2018
    Annual accounts 2018953,5 €↑
  9. 2017
    Annual accounts 2017-3,1 k €
  10. 21/12/2015
    IncorporationPrivate limited company