ACTIVE

PEC Belgium Ghent

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Financial year 2025 · Closed on 31/12/2025

Net result-1,8 M €-9,0 %over 1 year
Gross margin7,7 M €+11,5 %over 1 year
Equity56,2 M €+5,9 %over 1 year

Identity

Source · BCE/KBO

PEC Belgium Ghent is a Public limited company incorporated in 2021. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Etterbeek.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0770.491.685
Incorporation
29/06/2021
Legal form
Public limited company
Registered office
Rue Belliard 40 box 6
1040 Etterbeek · BruxellesSee on map
Contributed capital
63 208 065,10 €
Latest accounts
31/12/2025
Signals
Solid equityGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 5 filings

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin7,7 M €6,9 M €6 M €3,4 M €559,3 k €
EBITDA7,1 M €6,4 M €5,3 M €3,4 M €559,3 k €
Operating result765,8 k €822 k €141,6 k €349,1 k €-8,3 k €
Net result-1,8 M €-1,7 M €-2,1 M €-1,1 M €-337,3 k €
Balance sheet
Equity56,2 M €53,1 M €54,7 M €53 M €22,8 M €
Total assets163,5 M €156,3 M €161,7 M €154,1 M €67 M €
Cash314,1 k €1,1 M €1,1 M €363,4 k €1,7 M €
Debts104,7 M €100,4 M €104,3 M €98,5 M €43,2 M €

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

4 active · 8 ended

Active mandates

Victoria Liénart van Lidth de Jeude

Director · since 31 mars 2025 · until 18 juin 2030

Active
Wail Kodoud

Director · since 19 mars 2024 · until 18 juin 2030

Active
ARDEF

Director · since 29 juin 2022 · until 20 juin 2028 · 0786.522.322

Represented by Arthur De Four

Active
Piet Van Poppel

Director · since 29 juin 2021 · until 31 mars 2025 · 0846.196.821

Represented by Piet Van Poppel

Active

Ended mandates

ARDEF

Director · since 21 juin 2022 · until 20 juin 2028 · 0786.522.322

Represented by Arthur De Four

Ended
Arthur De Four

Director · since 29 juin 2021 · until 21 juin 2022

Ended
Arthur De Four

Director · since 29 juin 2021 · until 28 juin 2027

Ended
Caroline Brams

Director · since 29 juin 2021 · until 31 mai 2024

Ended

Other companies at this address

Rue Belliard 40 1040 Etterbeek
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0541.243.964
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AED GVBF 4● Active
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AED GVBF 5● Active
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AED GVBF 6● Active
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AED GVBF 7● Active
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AED GVBF 8● Active
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AED GVBF 9● Active
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AEDIFICA INVEST● Active
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0408.290.816

Full financial information

Source · NBB
20252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202229/06/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months7 months
Filing date06/08/202629/08/202523/07/202425/07/202329/06/2022
General meeting16/06/202617/06/202518/06/202420/06/202321/06/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 5 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202516/06/202606/08/2026FrenchPDF
Abridged model31/12/202417/06/202529/08/2025FrenchPDF
Abridged model31/12/202318/06/202423/07/2024FrenchPDF
Abridged model31/12/202220/06/202325/07/2023FrenchPDF
Abridged model31/12/202121/06/202229/06/2022FrenchPDF

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

4 active · 8 ended

Active mandates

Victoria Liénart van Lidth de Jeude

Director · since 31 mars 2025 · until 18 juin 2030

Active
Wail Kodoud

Director · since 19 mars 2024 · until 18 juin 2030

Active
ARDEF

Director · since 29 juin 2022 · until 20 juin 2028 · 0786.522.322

Represented by Arthur De Four

Active
Piet Van Poppel

Director · since 29 juin 2021 · until 31 mars 2025 · 0846.196.821

Represented by Piet Van Poppel

Active

Ended mandates

ARDEF

Director · since 21 juin 2022 · until 20 juin 2028 · 0786.522.322

Represented by Arthur De Four

Ended
Arthur De Four

Director · since 29 juin 2021 · until 21 juin 2022

Ended
Arthur De Four

Director · since 29 juin 2021 · until 28 juin 2027

Ended
Caroline Brams

Director · since 29 juin 2021 · until 31 mai 2024

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates26/11/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/04/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares08/04/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Mandates22/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares30/04/2024
    CAPITAL, ACTIONS
    PDF
  • Mandates10/04/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/01/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/12/2022
    DEMISSIONS, NOMINATIONS
    PDF

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 2025-1,8 M €↓
  2. 17/06/2025
    reconductionPwC Bedrijfsrevisoren Réviseurs d'Entreprises BV/SRL — commissaire
  3. 31/03/2025
    nominationVictoria Liénart van Lidth de Jeude — administrateur
  4. 18/03/2025
    augmentation_capital
  5. 2024
    Annual accounts 2024-1,7 M €↑
  6. 19/03/2024
    nominationWail Kodoud — administrateur
  7. 2023
    Annual accounts 2023-2,1 M €↓
  8. 11/12/2023
    augmentation_capital
  9. 2022
    Annual accounts 2022-1,1 M €↓
  10. 25/11/2022
    nominationPricewaterhouseCoopers Réviseurs d'Entreprises - PricewaterhouseCoopers Bedrijfsrevisoren BV — commissaire
  11. 07/09/2022
    augmentation_capital
  12. 21/06/2022
    nominationARDEF SRL — administrateur
  13. 2021
    Annual accounts 2021-337,3 k €
  14. 29/06/2021
    IncorporationPublic limited company