ACTIVE

PZ 2

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Financial year 2025 · closed on 31/12/2025

Net result

173,5 k €

-39.9% YoY

Gross margin

774,4 k €

-16.9% YoY

Equity

1,8 M €

+11.0% YoY

Workforce

1,1 ETP

0.0% YoY

What does PZ 2 do?

PZ 2 is a Private limited company incorporated in 2009. Its main activity is: Beverage serving activities. Its registered office is in Brugge. It employs on average 1,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0821.667.501

Incorporation

22/12/2009

Legal form

Private limited company

Registered office

Pad Zevenbergen 2
8200 Brugge · FlandreSee on map

Contributed capital

241 798,93 €

Latest accounts

31/12/2025

Average workforce

1,1 ETP

Activities (NACE)

56301Beverage serving activities· main 56301Beverage serving activities 56210Event catering activities 56210Event catering activities 64200Activities of holding companies 64210Activities of holding companies+8

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	774,4 k €	-16.9%	932 k €	+3.2%	902,9 k €	+45.9%	619 k €	+78.7%	346,5 k €	-15.7%	411,2 k €	+74.2%	236 k €	+5.9%	222,9 k €	-21.7%	284,8 k €	-9.8%	315,8 k €	+220%	98,7 k €	-29.8%	140,6 k €	+18.6%	118,6 k €	+81.3%	65,4 k €	-5.2%	69 k €	+289%	17,7 k €
EBITDA	662,5 k €	-21.1%	839,2 k €	+3.9%	807,7 k €	+53.2%	527,2 k €	+106%	255,8 k €	-21.8%	327 k €	+72.0%	190,1 k €	+5.8%	179,7 k €	-28.3%	250,6 k €	-18.9%	309,1 k €	+422%	59,2 k €	-55.7%	133,7 k €	+19.9%	111,5 k €	+75.7%	63,4 k €	-6.8%	68,1 k €	+485%	11,6 k €
Operating result	363,5 k €	-29.7%	517,1 k €	-15.3%	610,4 k €	+70.4%	358,2 k €	+203%	118,2 k €	-51.1%	241,8 k €	+256%	67,9 k €	-15.9%	80,8 k €	-48.0%	155,2 k €	-30.3%	222,8 k €	+23781%	-940,7 €	-101%	80,8 k €	+7.0%	75,5 k €	+193%	25,7 k €	-57.0%	59,8 k €	+1105%	5 k €
Net result	173,5 k €	-39.9%	289 k €	-35.3%	446,3 k €	+70.0%	262,5 k €	+314%	63,4 k €	-57.4%	148,8 k €	+636%	20,2 k €	-31.0%	29,3 k €	-62.9%	79,1 k €	-48.8%	154,4 k €	+415%	-49 k €	-190%	54,7 k €	+137%	-147,1 k €	-1546%	10,2 k €	-75.9%	42,3 k €	+908%	4,2 k €
Balance sheet
Equity	1,8 M €	+11.0%	1,6 M €	+22.3%	1,3 M €	+52.5%	849,5 k €	+44.7%	587 k €	+2.0%	575,6 k €	+38.3%	416,3 k €	+5.1%	396,1 k €	+7.8%	367,6 k €	+30.3%	282,1 k €	+121%	127,7 k €	-30.5%	183,7 k €	+59.1%	115,4 k €	-57.9%	274,1 k €	+87.2%	146,4 k €	+40.6%	104,2 k €
Total assets	6,6 M €	+2.1%	6,4 M €	+11.4%	5,8 M €	+3.9%	5,6 M €	+24.8%	4,5 M €	+114%	2,1 M €	+8.9%	1,9 M €	+17.2%	1,6 M €	-1.8%	1,7 M €	+10.0%	1,5 M €	+14.0%	1,3 M €	-2.3%	1,4 M €	+48.6%	911,4 k €	+18.1%	771,7 k €	+212%	247 k €	+101%	123 k €
Cash	25,1 k €	-77.9%	113,6 k €	+739%	13,5 k €	-90.4%	141,2 k €	+32.1%	106,9 k €	-8.0%	116,2 k €	+86.1%	62,4 k €	-15.2%	73,6 k €	+57.3%	46,8 k €	-34.4%	71,3 k €	-58.4%	171,4 k €	+44.7%	118,5 k €	-45.4%	217,2 k €	+744%	25,7 k €	-77.9%	116,2 k €	+134%	49,6 k €
Debts	4,7 M €	-0.6%	4,8 M €	+7.5%	4,4 M €	-5.0%	4,7 M €	+21.4%	3,9 M €	+157%	1,5 M €	+1.0%	1,5 M €	+20.9%	1,2 M €	-4.2%	1,3 M €	+5.1%	1,2 M €	+2.5%	1,2 M €	+1.3%	1,2 M €	+48.7%	787,7 k €	+60.9%	489,6 k €	+387%	100,5 k €	+435%	18,8 k €
Other
Workforce	1,1 ETP	0.0%	1,1 ETP	0.0%	1,1 ETP	0.0%	1,1 ETP	0.0%	1,1 ETP	-8.3%	1,2 ETP	+200%	0,4 ETP	+100%	0,2 ETP	-33.3%	0,3 ETP		–		0,1 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 · 2 active · 6 ended

Active mandates

Ade D'haene

Director

Active

Koen Jonckheere

Director

Active

Ended mandates

ADE D'HAENE

Director · since 16 juin 2010

Ended

ADE D'HAENE

Manager · since 16 juin 2010

Ended

KOEN JONCKHEERE

Director · since 21 décembre 2009

Ended

KOEN JONCKHEERE

Manager · since 21 décembre 2009

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	30/07/2026	27/06/2025	18/07/2024	12/07/2023	31/08/2022	09/06/2021
General meeting	30/06/2026	18/06/2025	17/06/2024	21/06/2023	26/08/2022	19/05/2021
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

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	30/07/2026	Dutch	PDF
Abridged model	31/12/2024	18/06/2025	27/06/2025	Dutch	PDF
Abridged model	31/12/2023	17/06/2024	18/07/2024	Dutch	PDF
Abridged model	31/12/2022	21/06/2023	12/07/2023	Dutch	PDF
Abridged model	31/12/2021	26/08/2022	31/08/2022	Dutch	PDF
Abridged model	31/12/2020	19/05/2021	09/06/2021	Dutch	PDF
Abridged model	31/12/2019	22/05/2020	25/05/2020	Dutch	PDF
Abridged model	31/12/2018	19/06/2019	15/07/2019	Dutch	PDF
Abridged model	31/12/2017	20/06/2018	04/07/2018	Dutch	PDF
Abridged model	31/12/2016	28/08/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	15/06/2016	22/06/2016	Dutch	PDF
Abridged modelCorrection	31/12/2014	17/08/2015	18/12/2015	Dutch	PDF
Abridged model	31/12/2014	17/08/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	18/06/2014	16/07/2014	Dutch	PDF
Abridged model	31/12/2012	19/06/2013	02/07/2013	Dutch	PDF
Abridged model	31/12/2011	20/06/2012	02/07/2012	Dutch	PDF
Abridged model	31/12/2010	15/06/2011	06/07/2011	Dutch	PDF

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 · 2 active · 6 ended

Active mandates

Ade D'haene

Director

Active

Koen Jonckheere

Director

Active

Ended mandates

ADE D'HAENE

Director · since 16 juin 2010

Ended

ADE D'HAENE

Manager · since 16 juin 2010

Ended

KOEN JONCKHEERE

Director · since 21 décembre 2009

Ended

KOEN JONCKHEERE

Manager · since 21 décembre 2009

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/07/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Other03/10/2016
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares20/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates27/11/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/07/2010
BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Other24/12/2009
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, 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

2025
Annual accounts 2025173,5 k €↓
2024
Annual accounts 2024289 k €↓
2023
Annual accounts 2023446,3 k €↑
2022
Annual accounts 2022262,5 k €↑
2021
Annual accounts 202163,4 k €↓
2020
Annual accounts 2020148,8 k €↑
2019
Annual accounts 201920,2 k €↓
2018
Annual accounts 201829,3 k €↓
2017
Annual accounts 201779,1 k €↓
2016
Annual accounts 2016154,4 k €↑
2015
Annual accounts 2015-49 k €↓
2014
Annual accounts 201454,7 k €↑
2013
Annual accounts 2013-147,1 k €↓
2012
Annual accounts 201210,2 k €↓
2011
Annual accounts 201142,3 k €↑
2010
Annual accounts 20104,2 k €
22/12/2009
IncorporationPrivate limited company

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

PZ 2

Overview

What does PZ 2 do?

Trend over 16 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