ACTIVE

PIOJEF

Financial year 2025 · closed on 30/09/2025
Net result
-919,2 €
-100.3% YoY
Gross margin
155,2 k €
-72.2% YoY
Equity
1,8 M €
-0.1% YoY
Workforce
0,0 ETP

What does PIOJEF do?

PIOJEF is a Private limited company incorporated in 2011. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Zedelgem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0838.339.326
Incorporation
04/08/2011
Legal form
Private limited company
Registered office
Torhoutsesteenweg 463
8210 Zedelgem · FlandreSee on map
Contributed capital
1 450 000,00 €
Latest accounts
30/09/2025
Average workforce
0,0 ETP
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202020192018201720162015201420132012
Income statement
Gross margin155,2 k €558,9 k €210,8 k €285,6 k €169,4 k €206,9 k €197,2 k €190,3 k €196,7 k €207,1 k €158,6 k €132 k €100 k €
EBITDA142,7 k €534,5 k €191,5 k €267,5 k €150 k €183,7 k €187 k €172,6 k €179,3 k €181,4 k €148,8 k €110,3 k €91,9 k €
Operating result13,8 k €406 k €19,6 k €91,8 k €-39,3 k €-4,1 k €935,7 €40,6 k €35,9 k €53,1 k €17,7 k €-56,8 k €-33,4 k €
Net result-919,2 €342,4 k €-50,3 k €14,4 k €-148,4 k €-117,4 k €-114,2 k €-78 k €-86,2 k €-81,9 k €-111,8 k €-138,5 k €-91,2 k €
Balance sheet
Equity1,8 M €1,8 M €1,5 M €1,5 M €1,7 M €1,8 M €1,9 M €930,2 k €1 M €1,1 M €1,2 M €1,3 M €1,4 M €
Total assets3,4 M €3,5 M €3,3 M €3,4 M €3,9 M €4 M €4,2 M €3,3 M €3,4 M €3,5 M €3,6 M €3,7 M €2,5 M €
Cash97,8 k €1,1 M €32,2 k €75 k €25 k €18,5 k €15,8 k €55,3 k €18,3 k €11,7 k €28,1 k €25,9 k €1,5 k €
Debts1,7 M €1,8 M €1,8 M €1,9 M €2,2 M €2,2 M €2,2 M €2,3 M €2,3 M €2,4 M €2,4 M €2,4 M €1,1 M €
Other
Workforce0,0 ETP0,0 ETP0,0 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 30/09/2025 · 2 active · 3 ended

Active mandates

OLIVIER VAN BORM

Director · since 04 août 2011

Active
XAVIER VAN BORM

Director · since 04 août 2011

Active

Ended mandates

Olivier VAN BORM

Manager · since 04 août 2011

Ended
Xavier VAN BORM

Manager · since 04 août 2011

Ended
Olivier Van Borm

Director

Ended
At this address

Other companies at this address

CompanyCBE no.
RE-THINKActive
0463.970.202
VAN BORMActive
0719.837.790
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/04/202627/03/202512/04/202431/03/202331/03/202222/03/2021
General meeting31/03/202611/03/202512/03/202414/03/202308/03/202209/03/2021
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
Abridged model30/09/202531/03/202628/04/2026DutchPDF
Abridged model30/09/202411/03/202527/03/2025DutchPDF
Abridged model30/09/202312/03/202412/04/2024DutchPDF
Abridged model30/09/202214/03/202331/03/2023DutchPDF
Abridged model30/09/202108/03/202231/03/2022DutchPDF
Abridged model30/09/202009/03/202122/03/2021DutchPDF
Abridged model30/09/201910/03/202013/04/2020DutchPDF
Abridged model30/09/201812/03/201905/04/2019DutchPDF
Abridged model30/09/201703/04/201826/04/2018DutchPDF
Abridged model30/09/201614/03/201722/03/2017DutchPDF
Abridged model30/09/201508/03/201625/03/2016DutchPDF
Abridged model30/09/201410/03/201526/03/2015DutchPDF
Abridged model30/09/201329/03/201425/04/2014DutchPDF
Abridged model30/09/201212/03/201313/03/2013DutchPDF
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 30/09/2025 · 2 active · 3 ended

Active mandates

OLIVIER VAN BORM

Director · since 04 août 2011

Active
XAVIER VAN BORM

Director · since 04 août 2011

Active

Ended mandates

Olivier VAN BORM

Manager · since 04 août 2011

Ended
Xavier VAN BORM

Manager · since 04 août 2011

Ended
Olivier Van Borm

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates11/10/2021
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office06/08/2014
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office31/07/2012
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares27/12/2011
    KAPITAAL - AANDELEN
    PDF
  • Other08/08/2011
    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

Timeline

  1. 2025
    Annual accounts 2025-919,2 €
  2. 2024
    Annual accounts 2024342,4 k €
  3. 2023
    Annual accounts 2023-50,3 k €
  4. 2022
    Annual accounts 202214,4 k €
  5. 2020
    Annual accounts 2020-148,4 k €
  6. 2019
    Annual accounts 2019-117,4 k €
  7. 2018
    Annual accounts 2018-114,2 k €
  8. 2017
    Annual accounts 2017-78 k €
  9. 2016
    Annual accounts 2016-86,2 k €
  10. 2015
    Annual accounts 2015-81,9 k €
  11. 2014
    Annual accounts 2014-111,8 k €
  12. 2013
    Annual accounts 2013-138,5 k €
  13. 2012
    Annual accounts 2012-91,2 k €
  14. 04/08/2011
    IncorporationPrivate limited company