ACTIVE

PAQU

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Financial year 2025 · closed on 31/12/2025

Net result

442,5 k €

+0.4% YoY

Gross margin

543,5 k €

-6.3% YoY

Equity

2 M €

+12.5% YoY

What does PAQU do?

PAQU is a Private limited company incorporated in 2004. Its main activity is: Management consultancy activities. Its registered office is in Genk.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0864.784.791

Incorporation

16/04/2004

Legal form

Private limited company

Registered office

Emile Van Dorenlaan 100 box 3
3600 Genk · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	543,5 k €	-6.3%	580,1 k €	+24.3%	466,7 k €	+21.4%	384,3 k €	-11.6%	434,7 k €	+86.9%	232,6 k €	+20.0%	193,8 k €	-14.9%	227,8 k €	-27.4%	313,7 k €	-25.0%	418,5 k €	+320%	99,8 k €	-25.9%	134,6 k €	-2.9%	138,6 k €	+4.4%	132,8 k €	+16.5%	113,9 k €	+39.5%	81,7 k €	+12.1%	72,9 k €	-8.4%	79,6 k €	+6.5%	74,7 k €	+38.6%	53,9 k €
EBITDA	541,7 k €	-6.3%	578,3 k €	+24.4%	464,9 k €	+21.5%	382,7 k €	-11.7%	433,3 k €	+87.5%	231,1 k €	+20.2%	192,2 k €	-14.9%	225,8 k €	-27.7%	312,3 k €	-25.2%	417,6 k €	+323%	98,7 k €	-26.2%	133,7 k €	-2.8%	137,6 k €	+4.4%	131,8 k €	+16.5%	113,2 k €	+40.4%	80,6 k €	+11.7%	72,1 k €	-8.5%	78,8 k €	+6.6%	73,9 k €	+39.3%	53,1 k €
Operating result	541,3 k €	-6.3%	577,9 k €	+24.3%	464,9 k €	+23.1%	377,7 k €	-11.6%	427,5 k €	+89.8%	225,3 k €	+20.8%	186,4 k €	-15.6%	220,8 k €	-29.3%	312,1 k €	-25.1%	416,8 k €	+326%	97,9 k €	-23.7%	128,4 k €	-3.1%	132,5 k €	+4.6%	126,6 k €	+17.0%	108,2 k €	+42.8%	75,8 k €	+5.1%	72,1 k €	-2.3%	73,8 k €	+7.1%	68,9 k €	+43.4%	48 k €
Net result	442,5 k €	+0.4%	440,7 k €	+23.7%	356,2 k €	+26.3%	282,1 k €	-10.5%	315,3 k €	+77.4%	177,7 k €	+21.4%	146,4 k €	-9.6%	162,1 k €	-18.4%	198,6 k €	-23.6%	259,9 k €	-43.9%	463,6 k €	+483%	79,5 k €	-14.5%	92,9 k €	+12.0%	83 k €	+9.8%	75,6 k €	+40.8%	53,7 k €	+0.7%	53,3 k €	+0.7%	52,9 k €	+9.6%	48,3 k €	+35.3%	35,7 k €
Balance sheet
Equity	2 M €	+12.5%	1,8 M €	+22.4%	1,4 M €	+15.7%	1,2 M €	-12.4%	1,4 M €	+28.7%	1,1 M €	-29.6%	1,6 M €	+5.4%	1,5 M €	+12.2%	1,3 M €	+17.7%	1,1 M €	+30.2%	861,5 k €	+116%	398 k €	+25.0%	318,5 k €	+41.2%	225,6 k €	+58.2%	142,5 k €	+105%	69,4 k €	-43.6%	123,1 k €	+70.5%	72,2 k €	+391%	14,7 k €	-86.6%	109,9 k €
Total assets	2,3 M €	+13.7%	2 M €	+16.2%	1,7 M €	+6.6%	1,6 M €	+6.3%	1,5 M €	-16.5%	1,8 M €	+8.8%	1,7 M €	+7.1%	1,5 M €	+13.1%	1,4 M €	+6.4%	1,3 M €	+31.2%	979 k €	+80.5%	542,4 k €	+23.5%	439,3 k €	+12.7%	389,7 k €	+53.2%	254,3 k €	+79.8%	141,5 k €	+3.5%	136,7 k €	+53.5%	89,1 k €	-25.7%	119,8 k €	-19.8%	149,4 k €
Cash	76,7 k €	-27.0%	105,1 k €	-36.1%	164,5 k €	-31.6%	240,6 k €	+68.6%	142,7 k €	-67.2%	434,6 k €	+53.8%	282,6 k €	+13.4%	249,2 k €	+42.9%	174,4 k €	-11.2%	196,4 k €	+93.1%	101,7 k €	-38.3%	164,7 k €	+170%	61,1 k €	+5672%	1,1 k €	-98.1%	56,3 k €	-46.7%	105,8 k €	-21.7%	135,2 k €	+53.1%	88,3 k €	-22.5%	113,9 k €	-14.2%	132,8 k €
Debts	277 k €	+22.1%	226,8 k €	-16.2%	270,6 k €	-24.9%	360,3 k €	+299%	90,4 k €	-87.2%	703,6 k €	+642%	94,8 k €	+45.3%	65,3 k €	+37.2%	47,6 k €	-70.9%	163,5 k €	+39.2%	117,5 k €	-18.7%	144,4 k €	+19.5%	120,8 k €	-25.9%	162,9 k €	+45.8%	111,8 k €	+55.3%	72 k €	+428%	13,6 k €	-19.4%	16,9 k €	-83.9%	105,2 k €	+167%	39,5 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Gert De Greeve

Director · since 05 avril 2004

Active

Ended mandates

Gert De Greeve

Manager · since 05 avril 2004

Ended

Gert De Greeve

Manager

Ended

At this address

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Nika Racing Team● Active	0429.899.050
OPTIMMO● Active	0474.942.385

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	09/06/2026	04/07/2025	28/06/2024	28/06/2023	07/06/2022	02/07/2021
General meeting	06/06/2026	07/06/2025	01/06/2024	03/06/2023	04/06/2022	05/06/2021
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
Micro model	31/12/2025	06/06/2026	09/06/2026	Dutch	PDF
Micro model	31/12/2024	07/06/2025	04/07/2025	Dutch	PDF
Micro model	31/12/2023	01/06/2024	28/06/2024	Dutch	PDF
Micro model	31/12/2022	03/06/2023	28/06/2023	Dutch	PDF
Micro model	31/12/2021	04/06/2022	07/06/2022	Dutch	PDF
Micro model	31/12/2020	05/06/2021	02/07/2021	Dutch	PDF
Micro model	31/12/2019	23/05/2020	26/05/2020	Dutch	PDF
Micro model	31/12/2018	01/06/2019	17/06/2019	Dutch	PDF
Micro model	31/12/2017	02/06/2018	29/06/2018	Dutch	PDF
Micro model	31/12/2016	03/06/2017	29/06/2017	Dutch	PDF
Abridged model	31/12/2015	04/06/2016	30/06/2016	Dutch	PDF
Abridged model	31/12/2014	06/06/2015	02/07/2015	Dutch	PDF
Abridged model	31/12/2013	07/06/2014	24/06/2014	Dutch	PDF
Abridged model	31/12/2012	01/06/2013	28/06/2013	Dutch	PDF
Abridged model	31/12/2011	02/06/2012	04/06/2012	Dutch	PDF
Abridged model	31/12/2010	04/06/2011	12/07/2011	Dutch	PDF
Abridged model	31/12/2009	05/06/2010	29/06/2010	Dutch	PDF
Abridged model	31/12/2008	06/06/2009	24/06/2009	Dutch	PDF
Abridged model	31/12/2007	07/06/2008	08/07/2008	Dutch	PDF
Abridged model	31/12/2006	02/06/2007	17/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 1 active · 2 ended

Active mandates

Gert De Greeve

Director · since 05 avril 2004

Active

Ended mandates

Gert De Greeve

Manager · since 05 avril 2004

Ended

Gert De Greeve

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/03/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares30/10/2006
BENAMING - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING - KAPITAAL - AANDELEN
PDF
Other28/04/2004
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 2025442,5 k €↑
2024
Annual accounts 2024440,7 k €↑
2023
Annual accounts 2023356,2 k €↑
2022
Annual accounts 2022282,1 k €↓
2021
Annual accounts 2021315,3 k €↑
2020
Annual accounts 2020177,7 k €↑
2019
Annual accounts 2019146,4 k €↓
2018
Annual accounts 2018162,1 k €↓
2017
Annual accounts 2017198,6 k €↓
2016
Annual accounts 2016259,9 k €↓
2015
Annual accounts 2015463,6 k €↑
2014
Annual accounts 201479,5 k €↓
2013
Annual accounts 201392,9 k €↑
2012
Annual accounts 201283 k €↑
2011
Annual accounts 201175,6 k €↑
2010
Annual accounts 201053,7 k €↑
2009
Annual accounts 200953,3 k €↑
2008
Annual accounts 200852,9 k €↑
2007
Annual accounts 200748,3 k €↑
2006
Annual accounts 200635,7 k €
16/04/2004
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

PAQU

Overview

What does PAQU do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

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