ACTIVE

The People Panel

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Financial year 2025 · Closed on 31/12/2025

Net result27,8 M €-1,5 %over 1 year

Revenue9,6 M €+9,1 %over 1 year

Equity148 M €0,0 %over 1 year

Workforce75,5 ETP-0,7 %over 1 year

Identity

Source · BCE/KBO

The People Panel is a Public limited company incorporated in 2019. Its main activity is: Office administrative and support activities. Its registered office is in Kortrijk. It employs on average 75,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0726.809.122
Incorporation: 16/05/2019
Legal form: Public limited company
Registered office: Wolvenstraat(Kor) 23
8500 Kortrijk · FlandreSee on map
Contributed capital: 52 566 207,96 €
Latest accounts: 31/12/2025
Average workforce: 75,5 ETP

Activities (NACE)

82100Office administrative and support activities· main 82110Combined office administrative service activities 64200Activities of holding companies 64210Activities of holding companies 70200Management consultancy activities 70220Business and other management consultancy activities

Joint committees (2)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 6 filings

Trend over 5 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	9,6 M €	+9.1%	8,8 M €	+5.1%	8,4 M €	+4.4%	8,1 M €	+4.3%	7,7 M €
EBITDA	1,6 M €	+24.8%	1,3 M €	+16.2%	1,1 M €	-21.3%	1,4 M €	-1.3%	1,4 M €
Operating result	572,6 k €	-42.3%	992,3 k €	+27.9%	775,6 k €	-31.4%	1,1 M €	+9.6%	1 M €
Net result	27,8 M €	-1.5%	28,2 M €	-2.1%	28,9 M €	+14.2%	25,3 M €	+51.4%	16,7 M €
Balance sheet
Equity	148 M €	0.0%	148 M €	+6.8%	138,6 M €	+26.3%	109,7 M €	+29.9%	84,5 M €
Total assets	177,3 M €	+4.9%	169 M €	+9.6%	154,2 M €	+12.8%	136,6 M €	+1.6%	134,5 M €
Cash	19,3 M €	+141%	8 M €	-60.5%	20,2 M €	+19589%	102,7 k €	-98.4%	6,6 M €
Debts	29,3 M €	+39.8%	20,9 M €	+36.1%	15,4 M €	-42.5%	26,7 M €	-46.3%	49,8 M €
Other
Workforce	75,5 ETP	-0.7%	76,0 ETP	0.0%	76,0 ETP	+8.3%	70,2 ETP	+6.4%	66,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Liv0648.706.603Represented by Andres Sanders	Director25/09/2024 → 21/06/2030

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Emma Sanders	Director06/04/2023 → 2023 accounts
Elodie Seys	Managing director01/12/2021 → 2023 accounts
X-square0742.800.165Represented by Bram Decroix	Director01/12/2021 → 2022 accounts

Other companies at this address

Wolvenstraat(Kor) 23 8500 Kortrijk

Company	CBE no.
AGO CONSTRUCT● Active	0874.698.785
AIB● Active	0867.323.421
BLUE OCEAN● Active	0736.728.460
GO TEMP● Active	0878.439.126
Immobilière La Closerie● Active	0421.834.489
MELISANDE● Active	0840.864.888
NXTPeople● Active	0439.600.535
QUALITY CONTROL● Active	0460.993.587
Teans● Active	0458.701.815

Full financial information

Source · NBB

	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	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	16/05/2019
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	20 months
Filing date	15/07/2026	17/07/2025	18/07/2024	10/07/2023	04/07/2022	15/07/2021
General meeting	19/06/2026	20/06/2025	21/06/2024	16/06/2023	17/06/2022	18/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 6 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	19/06/2026	15/07/2026	Dutch	PDF
Full model	31/12/2024	20/06/2025	17/07/2025	Dutch	PDF
Full model	31/12/2023	21/06/2024	18/07/2024	Dutch	PDF
Full model	31/12/2022	16/06/2023	10/07/2023	Dutch	PDF
Full model	31/12/2021	17/06/2022	04/07/2022	Dutch	PDF
Full model	31/12/2020	18/06/2021	15/07/2021	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Liv0648.706.603Represented by Andres Sanders	Director25/09/2024 → 21/06/2030

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Emma Sanders	Director06/04/2023 → 2023 accounts
Elodie Seys	Managing director01/12/2021 → 2023 accounts
X-square0742.800.165Represented by Bram Decroix	Director01/12/2021 → 2022 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates18/08/2026
Herbenoeming commissaris
PDF
Mandates29/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/12/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/10/2021
ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Restructuring27/08/2020
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring22/06/2020
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Capital / shares26/09/2019
KAPITAAL - AANDELEN
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

Filings5 filings

Mandates

Liv

Emma Sanders

X-square

Elodie Seys

201920202021202220232024202520262027202820292030

The People Panel

Wolvenstraat(Kor) 23, 8500 Kortrijk

Director

Managing directorDirector

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Wolvenstraat(Kor) 23, 8500 KortrijkCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00302030

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
The People PanelCurrent	accounts 2020 → 2025	Accounts 2025 · 2026-00302030

Events

2025
Annual accounts 202527,8 M €↓
2024
Annual accounts 202428,2 M €↓
25/09/2024
nominationLiv · bestuurder
2023
Annual accounts 202328,9 M €↑
16/06/2023
reconductionCVBA "VANDER DONCKT — ROOBROUCK — CHRISTIAENS BEDRIJFSREVISOREN" · commissaris
06/04/2023
nominationEmma SANDERS · bijkomend bestuurder
2022
Annual accounts 202225,3 M €↑
2021
Annual accounts 202116,7 M €
16/05/2019
IncorporationPublic limited company

The People Panel

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events