ACTIVE

PICOBEL'EAU

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Financial year 2025 · closed on 31/12/2025

Net result

31,4 k €

-72.5% YoY

Gross margin

3,2 M €

+3.2% YoY

Equity

1,3 M €

+2.6% YoY

Workforce

81,0 ETP

-5.3% YoY

What does PICOBEL'EAU do?

PICOBEL'EAU is a Cooperative society incorporated in 2008. Its main activity is: General cleaning of buildings. Its registered office is in Walcourt. It employs on average 81,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0808.676.231

Incorporation

22/12/2008

Legal form

Cooperative society

Registered office

Grand'Route(Lan) 36
5651 Walcourt · WallonieSee on map

Contributed capital

18 618,60 €

Latest accounts

31/12/2025

Average workforce

81,0 ETP

Activities (NACE)

81210General cleaning of buildings· main 96910Other personal service activities

Joint committees (4)

200
218
322
32201

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	3,2 M €	+3.2%	3,1 M €	+4.8%	2,9 M €	-0.3%	3 M €	+5.9%	2,8 M €	-1.3%	2,8 M €	+28.2%	2,2 M €	+5.5%	2,1 M €	+7.7%	1,9 M €	+2.6%	1,9 M €	+13.1%	1,7 M €	+11.5%	1,5 M €	+29.7%	1,2 M €	+57.0%	738 k €	+269%	200,2 k €
EBITDA	125,9 k €	-38.3%	204,1 k €	+2328%	8,4 k €	-77.5%	37,4 k €	+179%	-47,5 k €	-110%	463,3 k €	+211%	149,1 k €	+26.4%	118 k €	+9.8%	107,4 k €	+4.9%	102,4 k €	+198%	34,3 k €	-71.5%	120,3 k €	-14.6%	140,9 k €	+10.5%	127,5 k €	+116%	59 k €
Operating result	26,8 k €	-76.1%	112,2 k €	+231%	-85,5 k €	-71.2%	-49,9 k €	+63.0%	-134,9 k €	-132%	426,7 k €	+266%	116,5 k €	+32.9%	87,7 k €	+11.7%	78,5 k €	+6.7%	73,6 k €	+1586%	4,4 k €	-95.3%	92,1 k €	-23.8%	121 k €	+13.3%	106,7 k €	+127%	47 k €
Net result	31,4 k €	-72.5%	114 k €	+232%	-86,3 k €	-69.1%	-51 k €	+62.4%	-135,8 k €	-132%	419 k €	+288%	108 k €	+24.5%	86,8 k €	+13.2%	76,7 k €	+12.9%	67,9 k €	+941%	6,5 k €	-90.9%	71,7 k €	-41.2%	121,9 k €	+16.0%	105,1 k €	+132%	45,2 k €
Balance sheet
Equity	1,3 M €	+2.6%	1,2 M €	+10.3%	1,1 M €	-7.2%	1,2 M €	-4.1%	1,2 M €	+12.0%	1,1 M €	+60.2%	696,1 k €	+18.4%	588 k €	+17.3%	501,2 k €	+18.1%	424,5 k €	+19.1%	356,6 k €	+1.9%	350 k €	+27.4%	274,7 k €	+79.8%	152,8 k €	+220%	47,7 k €
Total assets	1,6 M €	+0.4%	1,6 M €	+8.1%	1,5 M €	-7.6%	1,6 M €	-4.9%	1,7 M €	+15.1%	1,5 M €	+48.6%	978 k €	+14.3%	855,4 k €	+13.9%	750,7 k €	+5.3%	713,1 k €	+22.8%	580,7 k €	+15.2%	504,1 k €	+32.2%	381,2 k €	+43.1%	266,4 k €	+175%	96,9 k €
Cash	582,1 k €	+28.1%	454,3 k €	-18.0%	554,4 k €	-24.0%	729,9 k €	-2.4%	747,9 k €	+88.1%	397,7 k €	-3.5%	412,1 k €	-4.2%	430,3 k €	+44.8%	297,3 k €	-2.0%	303,3 k €	+38.6%	218,9 k €	-30.2%	313,8 k €	+46.4%	214,3 k €	+88.5%	113,7 k €	+283%	29,7 k €
Debts	336,9 k €	-7.0%	362,2 k €	+1.5%	356,8 k €	-8.9%	391,6 k €	-7.0%	421,3 k €	+24.8%	337,5 k €	+20.1%	281 k €	+5.1%	267,4 k €	+7.2%	249,5 k €	-13.5%	288,6 k €	+28.7%	224,2 k €	+45.5%	154,1 k €	+44.5%	106,6 k €	-6.2%	113,6 k €	+131%	49,1 k €
Other
Workforce	81,0 ETP	-5.3%	85,5 ETP	-5.1%	90,1 ETP	-7.2%	97,1 ETP	+0.6%	96,5 ETP	+41.9%	68,0 ETP	+8.8%	62,5 ETP	+4.7%	59,7 ETP	+7.6%	55,5 ETP	-2.1%	56,7 ETP	+5.0%	54,0 ETP	+13.2%	47,7 ETP	+36.7%	34,9 ETP	+78.1%	19,6 ETP	+356%	4,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 23 ended

Active mandates

Céline Ollevier

Director · since 04 mars 2025

Active

Virginie Maessckal

Director · since 04 mars 2025

Active

Sabrina Graux

Director · since 07 octobre 2024

Active

Anne-Catherine Delfosse

Director · since 01 octobre 2017

Active

Philippe Ranwez

Managing director · since 26 mars 2013

Active

YVES PIROTTE

Director · since 25 mars 2013

Active

Ended mandates

Olga Dronova

Director · since 12 décembre 2018

Ended

Anne Delfosse

Director · since 01 octobre 2017

Ended

Hugues Mouvet

Director · since 01 octobre 2017

Ended

Ghislain Brabant

Director · since 02 janvier 2014 · until 12 décembre 2018

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
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	12 months
Filing date	30/06/2026	16/07/2025	10/07/2024	15/07/2023	19/07/2022	25/06/2021
General meeting	26/06/2026	21/06/2025	15/06/2024	17/06/2023	18/06/2022	19/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	30/06/2026	French	PDF
Abridged model	31/12/2024	21/06/2025	16/07/2025	French	PDF
Abridged model	31/12/2023	15/06/2024	10/07/2024	French	PDF
Abridged model	31/12/2022	17/06/2023	15/07/2023	French	PDF
Abridged model	31/12/2021	18/06/2022	19/07/2022	French	PDF
Abridged model	31/12/2020	19/06/2021	25/06/2021	French	PDF
Abridged model	31/12/2019	20/06/2020	17/07/2020	French	PDF
Abridged model	31/12/2018	15/06/2019	20/06/2019	French	PDF
Abridged model	31/12/2017	16/06/2018	18/07/2018	French	PDF
Abridged model	31/12/2016	17/06/2017	26/06/2017	French	PDF
Abridged model	31/12/2015	18/06/2016	02/07/2016	French	PDF
Abridged model	31/12/2014	20/06/2015	24/08/2015	French	PDF
Abridged model	31/12/2013	20/05/2014	24/06/2014	French	PDF
Abridged model	31/12/2012	22/04/2013	24/04/2013	French	PDF
Abridged modelCorrection	31/12/2011	05/03/2013	22/04/2013	French	PDF
Abridged model	31/12/2011	16/06/2012	16/07/2012	French	PDF
Abridged modelCorrection	31/12/2010	05/03/2013	22/04/2013	French	PDF
Abridged modelCorrection	31/12/2010	18/06/2011	30/08/2011	French	PDF
Abridged model	31/12/2010	18/06/2011	23/06/2011	French	PDF
Abridged model	31/12/2009	19/06/2010	20/08/2010	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025 · 6 active · 23 ended

Active mandates

Céline Ollevier

Director · since 04 mars 2025

Active

Virginie Maessckal

Director · since 04 mars 2025

Active

Sabrina Graux

Director · since 07 octobre 2024

Active

Anne-Catherine Delfosse

Director · since 01 octobre 2017

Active

Philippe Ranwez

Managing director · since 26 mars 2013

Active

YVES PIROTTE

Director · since 25 mars 2013

Active

Ended mandates

Olga Dronova

Director · since 12 décembre 2018

Ended

Anne Delfosse

Director · since 01 octobre 2017

Ended

Hugues Mouvet

Director · since 01 octobre 2017

Ended

Ghislain Brabant

Director · since 02 janvier 2014 · until 12 décembre 2018

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/01/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates28/04/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates05/12/2024
DEMISSIONS, NOMINATIONS
PDF
Other07/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - OBJET
PDF
Mandates16/07/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates30/10/2017
DEMISSIONS, NOMINATIONS
PDF
Other12/05/2015
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates13/06/2014
DEMISSIONS, NOMINATIONS
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

2025
Annual accounts 202531,4 k €↓
2024
Annual accounts 2024114 k €↑
2023
Annual accounts 2023-86,3 k €↓
2022
Annual accounts 2022-51 k €↑
2021
Annual accounts 2021-135,8 k €↓
2018
Annual accounts 2018419 k €↑
2017
Annual accounts 2017108 k €↑
2016
Annual accounts 201686,8 k €↑
2015
Annual accounts 201576,7 k €↑
2014
Annual accounts 201467,9 k €↑
2013
Annual accounts 20136,5 k €↓
2012
Annual accounts 201271,7 k €↓
2011
Annual accounts 2011121,9 k €↑
2010
Annual accounts 2010105,1 k €↑
2009
Annual accounts 200945,2 k €
22/12/2008
IncorporationCooperative society

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

PICOBEL'EAU

Overview

What does PICOBEL'EAU do?

Trend over 15 financial years

Indicative valuation

Board of directors

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