ACTIVE

PIA Group BeLux

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
-1,9 M €
-116.0% YoY
Revenue
25,9 M €
+140.3% YoY
Equity
77,1 M €
+28.4% YoY
Workforce
47,5 ETP
+17.9% YoY

What does PIA Group BeLux do?

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
Activities (NACE)
69201Accounting, bookkeeping and auditing activities; tax consultancy· main69201Accounting, bookkeeping and auditing activities; tax consultancy70100Activities of head offices70100Activities of head offices70100Activities of head offices70100Activities of head offices
Joint committees (1)
  • 3360
Signals
Positive cashflowPositive EBITDAHigh revenue
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242022202120202019
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 €387 k €
Operating result11,1 M €-5,3 M €-999,5 k €11,5 k €-76,4 k €340,6 k €
Net result-1,9 M €11,7 M €1,7 M €2,7 M €1,9 M €325,5 k €
Balance sheet
Equity77,1 M €60 M €38,1 M €27,4 M €19,9 M €15,9 M €
Total assets321 M €224,8 M €64,7 M €41,4 M €36,2 M €28,5 M €
Cash558,2 k €1,9 M €270,5 k €1,9 M €717,1 k €1,1 M €
Debts242,5 M €163,6 M €26,5 M €13,9 M €16,3 M €12,5 M €
Other
Workforce47,5 ETP40,3 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 · 3 active · 10 ended

Active mandates

Cheval Blanc Investments

Managing director · since 07 septembre 2023 · until 26 juin 2029 · 0627.960.578

Represented by Steven BROUCKAERT

Active
CORAL & WALLACE

Director · since 07 septembre 2023 · until 26 juin 2029 · 0897.591.280

Represented by Jan VERGOTE

Active
Isabel Walcarius

Director · since 07 septembre 2023 · until 26 septembre 2029

Active

Ended mandates

CORAL & WALLACE

Director · since 23 novembre 2021 · until 29 mars 2025 · 0897.591.280

Represented by Jan Vergote

Ended
CORAL & WALLACE

Director · since 23 novembre 2021 · 0897.591.280

Represented by Jan Vergote

Ended
LAMMAT

Director · since 30 décembre 2019 · until 30 décembre 2025 · 0829.878.649

Represented by Mathieu Lambrecht

Ended
LAMMAT

Director · since 30 décembre 2019 · until 30 décembre 2025 · 0829.878.649

Represented by Mathieu Lambrecht

Ended
At this address

Other companies at this address

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
Annual accounts

Full financial information

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
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

9 filings with the NBB

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
m120-f-p31/12/202330/06/202410/07/2024DutchPDF
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
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 · 3 active · 10 ended

Active mandates

Cheval Blanc Investments

Managing director · since 07 septembre 2023 · until 26 juin 2029 · 0627.960.578

Represented by Steven BROUCKAERT

Active
CORAL & WALLACE

Director · since 07 septembre 2023 · until 26 juin 2029 · 0897.591.280

Represented by Jan VERGOTE

Active
Isabel Walcarius

Director · since 07 septembre 2023 · until 26 septembre 2029

Active

Ended mandates

CORAL & WALLACE

Director · since 23 novembre 2021 · until 29 mars 2025 · 0897.591.280

Represented by Jan Vergote

Ended
CORAL & WALLACE

Director · since 23 novembre 2021 · 0897.591.280

Represented by Jan Vergote

Ended
LAMMAT

Director · since 30 décembre 2019 · until 30 décembre 2025 · 0829.878.649

Represented by Mathieu Lambrecht

Ended
LAMMAT

Director · since 30 décembre 2019 · until 30 décembre 2025 · 0829.878.649

Represented by Mathieu Lambrecht

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • 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
  • Capital / shares17/03/2025
    KAPITAAL - AANDELEN
    PDF
  • Restructuring17/02/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring23/12/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, 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 2025-1,9 M €↓
  2. 29/12/2025
    augmentation_capital
  3. 29/12/2025
    apport
  4. 04/03/2025
    augmentation_capital
  5. 29/01/2025
    autre
  6. 2025
    Name changePIA Group BeLux
  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
  18. 2019
    Name changeL' Apogée Investments