ACTIVE

PIA Group BeLux

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Financial year 2025 · Closed on 31/12/2025

Net result-1,9 M €-116,0 %over 1 year
Revenue25,9 M €+140,3 %over 1 year
Equity77,1 M €+28,4 %over 1 year
Workforce47,5 ETP+17,9 %over 1 year

Identity

Source · BCE/KBO

PIA Group BeLux is a Public limited company incorporated in 2019. Its main activity is: Accounting, bookkeeping and auditing activities; tax consultancy. Its registered office is in Gent. It employs on average 47,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0718.884.618
Incorporation
18/01/2019
Legal form
Public limited company
Registered office
Foreestelaan 88 box 301
9000 Gent · FlandreSee on map
Contributed capital
62 617 925,07 €
Latest accounts
31/12/2025
Average workforce
47,5 ETP
Joint committees (1)
  • 3360
Signals
Positive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 9 filings

Trend over 6 financial years

20252024202220212020
Income statement
Revenue25,9 M €10,8 M €876,4 k €823,7 k €660 k €
EBITDA13,5 M €-3,1 M €-743,6 k €170,8 k €7,4 k €
Operating result11,1 M €-5,3 M €-999,5 k €11,5 k €-76,4 k €
Net result-1,9 M €11,7 M €1,7 M €2,7 M €1,9 M €
Balance sheet
Equity77,1 M €60 M €38,1 M €27,4 M €19,9 M €
Total assets321 M €224,8 M €64,7 M €41,4 M €36,2 M €
Cash558,2 k €1,9 M €270,5 k €1,9 M €717,1 k €
Debts242,5 M €163,6 M €26,5 M €13,9 M €16,3 M €
Other
Workforce47,5 ETP40,3 ETP–––

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 4 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Cheval Blanc Investments0627.960.578Represented by Steven BROUCKAERT
Managing director18/01/2019 → 26/06/2029
CORAL & WALLACE0897.591.280Represented by Jan VERGOTE
Director23/11/2021 → 26/06/2029
Isabel Walcarius
Director07/09/2023 → 26/09/2029

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
LAMMAT0829.878.649Represented by Mathieu Lambrecht
Directorlisted until the 2019 accounts
PIA Group BeLux0718.884.618Represented by Mathieu Lambrecht
Director30/12/2019 → 2020 accounts
Sander Boekema
Director18/01/2019 → 23/11/2021

Other companies at this address

Foreestelaan 88 9000 Gent
CompanyCBE no.
Administratiekantoor Robovision● Active
0781.744.675
BioLizard● Active
0713.914.951
Cashaca Software● Active
0740.649.339
Maatschap PIA Group● Active
0783.606.580
Maatschap Pia Group Belgium● Active
0802.243.151
PIA Advisory● Active
1010.256.780
PIA Go!● Active
0476.297.813
PIA GROEP● Active
0668.662.372
PIA Group● Active
1030.270.553
PIAGROUP International● Active
0790.995.210
PIAGROUP INTERNATIONAL● Active
0794.819.384
PIAGROUP MIDCO 1● Active
1032.181.552
PIAGROUP MIDCO 2● Active
1032.308.048
ROBOVISION● Active
0899.613.236
SINCERIUS Transaction Services Belgium● Active
1038.558.907
United Accountants● Active
0453.673.651

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/10/202201/10/202101/10/202001/10/2019
Closing of the financial year31/12/202531/12/202431/12/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months15 months12 months12 months12 months
Filing date10/07/202615/07/202513/08/202428/04/202329/04/202209/04/2021
General meeting26/06/202630/06/202530/06/202431/03/202331/03/202227/03/2021
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, 9 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202526/06/202610/07/2026DutchPDF
Full model31/12/202430/06/202515/07/2025DutchPDF
Full modelCorrection31/12/202330/06/202413/08/2024DutchPDF
Full model31/12/202328/06/202416/07/2024DutchPDF
Consolidated accounts31/12/202330/06/202410/07/2024DutchPDF
Full model30/09/202231/03/202328/04/2023DutchPDF
Full model30/09/202131/03/202229/04/2022DutchPDF
Full model30/09/202027/03/202109/04/2021DutchPDF
Abridged model30/09/201928/03/202031/03/2020DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 4 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Cheval Blanc Investments0627.960.578Represented by Steven BROUCKAERT
Managing director18/01/2019 → 26/06/2029
CORAL & WALLACE0897.591.280Represented by Jan VERGOTE
Director23/11/2021 → 26/06/2029
Isabel Walcarius
Director07/09/2023 → 26/09/2029

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
LAMMAT0829.878.649Represented by Mathieu Lambrecht
Directorlisted until the 2019 accounts
PIA Group BeLux0718.884.618Represented by Mathieu Lambrecht
Director30/12/2019 → 2020 accounts
Sander Boekema
Director18/01/2019 → 23/11/2021

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates27/10/2026
    ontslag en benoeming
    PDF
  • Mandates01/10/2026
    ONTSLAGEN, BENOEMINGEN
    PDF
  • Other30/09/2026
    DOEL, STATUTEN (VERTALING, COORDINATIE, OVERIGE
    PDF
  • Other27/08/2026
    DIVERSEN
    PDF
  • Other08/06/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other13/03/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares13/01/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Other05/08/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings6 filings
Mandates
Cheval Blanc Investments
CORAL & WALLACE
Isabel Walcarius
PIA Group BeLux
LAMMAT
Steven Brouckaert
Sander Boekema
20192020202120222023202420252026202720282029
PIA Group BeLuxPIAGroup BelgiumL' Apogée Investments
Foreestelaan 88 bte 301, 9000 GentForeestelaan 88 bte 301, 9000 Gent
Managing director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Foreestelaan 88 bte 301, 9000 GentCurrent
accounts 2025
Accounts 2025 · 2026-00286590
Foreestelaan 88 bus 301, 9000 Gent
accounts 2024
Accounts 2024 · 2025-00277499
Foreestelaan 88 bte 301, 9000 Gent
accounts 2021 → 2022
Accounts 2022 · 2023-00076755

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
PIA Group BeLuxCurrent
accounts 2025
Accounts 2025 · 2026-00286590
PIAGroup Belgium
accounts 2022 → 2024
Accounts 2024 · 2025-00277499
L' Apogée Investments
accounts 2019 → 2021
Accounts 2021 · 2022-20015268

Events

  1. 2025
    Annual accounts 2025-1,9 M €↓
  2. 2025
    Name changePIA Group BeLux
  3. 29/12/2025
    augmentation_capital
  4. 29/12/2025
    apport
  5. 04/03/2025
    augmentation_capital
  6. 29/01/2025
    autre
  7. 2024
    Annual accounts 202411,7 M €↑
  8. 22/07/2024
    autre
  9. 30/06/2024
    nominationEY Bedrijfsrevisoren · commissaris
  10. 01/09/2023
    nominationCoral & Wallace BV · bestuurder
  11. 28/02/2023
    augmentation_capital
  12. 2022
    Annual accounts 20221,7 M €↓
  13. 2022
    Name changePIAGroup Belgium
  14. 2021
    Annual accounts 20212,7 M €↑
  15. 2020
    Annual accounts 20201,9 M €↑
  16. 2019
    Annual accounts 2019325,5 k €
  17. 18/01/2019
    IncorporationPublic limited company