ACTIVE

PB

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Financial year 2025 · closed on 31/12/2025
Net result
741,9 k €
+650.1% YoY
Gross margin
119,4 k €
-11.4% YoY
Equity
637,9 k €
+160.6% YoY

What does PB do?

PB is a Private limited company incorporated in 2011. Its registered office is in Liège.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0836.688.148
Incorporation
31/05/2011
Legal form
Private limited company
Registered office
Rue des Marêts 88
4020 Liège · WallonieSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 200
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 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin119,4 k €134,8 k €101,1 k €120,5 k €67,6 k €76,9 k €77,4 k €96,2 k €66,9 k €67,5 k €
EBITDA92,5 k €114,2 k €79,6 k €98,6 k €43,6 k €56,9 k €59,4 k €90,6 k €63,7 k €64,5 k €
Operating result64,3 k €65,9 k €51,4 k €57,4 k €21,6 k €33,3 k €37,9 k €77 k €49,8 k €54,4 k €
Net result741,9 k €98,9 k €77,7 k €47,9 k €7,7 k €24,8 k €27 k €46,3 k €20,8 k €29,3 k €
Balance sheet
Equity637,9 k €244,7 k €245,8 k €193,1 k €169,2 k €169,5 k €151,7 k €131,7 k €92,8 k €77 k €
Total assets1 M €581,1 k €518,5 k €539,3 k €426,3 k €567,3 k €554,2 k €292,7 k €247,9 k €254,4 k €
Cash30,8 k €25,3 k €5,5 k €6,2 k €11,5 k €32,9 k €43,2 k €36,4 k €17,5 k €23,2 k €
Debts354,2 k €324 k €260,2 k €334 k €245,6 k €385,9 k €390,3 k €148,5 k €153,6 k €177,3 k €
Other
Workforce––––0,3 ETP0,3 ETP0,3 ETP0,1 ETP––
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active

Active mandates

Martin Hardy

Mandate

Active
At this address

Other companies at this address

CompanyCBE no.
IMMOGEM● Active
1035.348.009
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro 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 date25/06/202609/06/202529/06/202428/06/202317/05/202202/07/2021
General meeting15/06/202609/05/202526/04/202428/04/202329/04/202204/06/2021
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202515/06/202625/06/2026FrenchPDF
Micro model31/12/202409/05/202509/06/2025FrenchPDF
Micro model31/12/202326/04/202429/06/2024FrenchPDF
Abridged model31/12/202228/04/202328/06/2023FrenchPDF
Abridged model31/12/202129/04/202217/05/2022FrenchPDF
Abridged model31/12/202004/06/202102/07/2021FrenchPDF
Abridged model31/12/201910/05/202020/05/2020FrenchPDF
Abridged model31/12/201819/04/201917/05/2019FrenchPDF
Abridged model31/12/201727/04/201823/05/2018FrenchPDF
Abridged model31/12/201615/06/201730/06/2017FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 1 active

Active mandates

Martin Hardy

Mandate

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring07/09/2026
    SCISSION PARTIELLE
    PDF
  • Mandates20/12/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/11/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares07/04/2016
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Mandates14/08/2012
    DEMISSIONS, NOMINATIONS
    PDF
  • Other15/06/2011
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2025741,9 k €↑
  2. 2024
    Annual accounts 202498,9 k €↑
  3. 2023
    Annual accounts 202377,7 k €↑
  4. 2022
    Annual accounts 202247,9 k €↑
  5. 2021
    Annual accounts 20217,7 k €↓
  6. 2020
    Annual accounts 202024,8 k €↓
  7. 2019
    Annual accounts 201927 k €↓
  8. 2018
    Annual accounts 201846,3 k €↑
  9. 2017
    Annual accounts 201720,8 k €↓
  10. 2016
    Annual accounts 201629,3 k €
  11. 31/05/2011
    IncorporationPrivate limited company