ACTIVE

PAU

Financial year 2025 · closed on 31/12/2025
Net result
-256,9 k €
-430.5% YoY
Revenue
7,6 M €
-14.7% YoY
Equity
411,3 k €
+29.3% YoY
Workforce
60,5 ETP
-17.8% YoY

What does PAU do?

PAU is a Public limited company incorporated in 2011. Its main activity is: Computer programming activities. Its registered office is in Antwerpen. It employs on average 60,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0834.918.887
Incorporation
24/03/2011
Legal form
Public limited company
Registered office
Eikelstraat 66 box 103
2600 Antwerpen · FlandreSee on map
Contributed capital
411 500,00 €
Latest accounts
31/12/2025
Average workforce
60,5 ETP
Joint committees (3)
  • 200
  • 20000
  • 218
Signals
Positive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Revenue7,6 M €9 M €9,6 M €
EBITDA57,9 k €320,7 k €455 k €361,9 k €310,2 k €357 k €145,5 k €277,6 k €259,7 k €188,3 k €143,4 k €155,4 k €76,4 k €5,9 k €
Operating result-88,8 k €167,9 k €288 k €189 k €183,9 k €245,9 k €75,1 k €157,9 k €87,2 k €60,1 k €65,9 k €86,2 k €46,3 k €4,3 k €
Net result-256,9 k €-48,4 k €8,1 k €3,6 k €9 k €107,1 k €35,2 k €42,8 k €4,3 k €11,4 k €21,3 k €39,5 k €22,5 k €349,9 €
Balance sheet
Equity411,3 k €318,2 k €366,6 k €358,5 k €354,9 k €345,9 k €238,8 k €203,6 k €160,8 k €113,6 k €102,2 k €80,9 k €41,4 k €7,3 k €
Total assets3,2 M €4,4 M €6,8 M €7,1 M €6,3 M €3,3 M €1,7 M €985 k €1,1 M €1 M €631,7 k €366,3 k €171 k €71,9 k €
Cash430,8 k €457,6 k €171,2 k €241,6 k €642,1 k €142,8 k €210,2 k €29,1 k €90,4 €155,9 k €68,5 k €53,4 k €24,5 k €6,3 k €
Debts2,8 M €4 M €6,3 M €6,7 M €5,7 M €2,9 M €1,5 M €767,2 k €941,2 k €922,3 k €529,5 k €285,4 k €129,6 k €64,3 k €
Other
Workforce60,5 ETP73,6 ETP61,4 ETP67,7 ETP69,8 ETP63,3 ETP51,7 ETP48,8 ETP43,0 ETP28,1 ETP13,7 ETP8,7 ETP3,6 ETP1,3 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 · 1 active · 10 ended

Active mandates

Anthony Iudicello

Director · since 17 juillet 2025

Active

Ended mandates

Anthony Iudicello

Managing director · since 27 décembre 2017 · until 26 décembre 2023

Ended
Anthony Iudicello

Managing director · since 27 décembre 2017

Ended
Anthony Ludicello

Director · since 27 décembre 2017

Ended
Paule Peeters

Director · since 27 décembre 2017 · until 26 décembre 2023

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202629/08/202530/08/202404/07/202330/06/202229/07/2021
General meeting30/06/202628/08/202528/06/202412/06/202330/05/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202631/08/2026DutchPDF
Full model31/12/202428/08/202529/08/2025DutchPDF
Full model31/12/202328/06/202430/08/2024DutchPDF
Abridged model31/12/202212/06/202304/07/2023DutchPDF
Abridged model31/12/202130/05/202230/06/2022DutchPDF
Abridged model31/12/202030/06/202129/07/2021DutchPDF
Abridged model31/12/201931/07/202031/08/2020DutchPDF
Abridged model31/12/201814/05/201914/06/2019DutchPDF
Abridged model31/12/201730/06/201824/08/2018DutchPDF
Abridged model31/12/201628/04/201710/05/2017DutchPDF
Abridged model31/12/201529/04/201627/05/2016DutchPDF
Abridged model31/12/201424/04/201531/07/2015DutchPDF
Abridged model31/12/201325/04/201412/06/2014DutchPDF
Abridged model31/12/201226/04/201314/06/2013DutchPDF
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 · 1 active · 10 ended

Active mandates

Anthony Iudicello

Director · since 17 juillet 2025

Active

Ended mandates

Anthony Iudicello

Managing director · since 27 décembre 2017 · until 26 décembre 2023

Ended
Anthony Iudicello

Managing director · since 27 décembre 2017

Ended
Anthony Ludicello

Director · since 27 décembre 2017

Ended
Paule Peeters

Director · since 27 décembre 2017 · until 26 décembre 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office31/12/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates22/07/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office16/05/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office28/03/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares12/02/2018
    KAPITAAL - AANDELEN
    PDF
  • Mandates23/01/2018
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Restructuring18/07/2017
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates04/07/2013
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    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 2025-256,9 k €
  2. 2024
    Annual accounts 2024-48,4 k €
  3. 2024
    Name changePAU
  4. 2023
    Annual accounts 20238,1 k €
  5. 2022
    Annual accounts 20223,6 k €
  6. 2021
    Annual accounts 20219 k €
  7. 2021
    Name changePRET à UTILISER
  8. 2020
    Annual accounts 2020107,1 k €
  9. 2019
    Annual accounts 201935,2 k €
  10. 2018
    Annual accounts 201842,8 k €
  11. 2017
    Annual accounts 20174,3 k €
  12. 2016
    Annual accounts 201611,4 k €
  13. 2015
    Annual accounts 201521,3 k €
  14. 2014
    Annual accounts 201439,5 k €
  15. 2013
    Annual accounts 201322,5 k €
  16. 2012
    Annual accounts 2012349,9 €
  17. 24/03/2011
    IncorporationPublic limited company