ACTIVE

Pain & Company

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Financial year 2024 · closed on 31/12/2024

Net result

28,3 k €

+185.5% YoY

Gross margin

178,4 k €

+127.6% YoY

Equity

392,3 k €

-32.2% YoY

What does Pain & Company do?

Pain & Company is a Private limited company incorporated in 2007. Its main activity is: Management consultancy activities. Its registered office is in Ieper.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0890.471.183

Incorporation

29/06/2007

Legal form

Private limited company

Registered office

Kriekstraat 8
8902 Ieper · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2024

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 55203Holiday and other short-stay accommodation 55203Holiday and other short-stay accommodation

Signals

ProfitablePositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	178,4 k €	+128%	78,4 k €	-57.3%	183,5 k €	+28.7%	142,6 k €	-19.3%	176,8 k €	-25.8%	238,3 k €	+3.2%	230,8 k €	-41.3%	393,4 k €	-20.4%	494,1 k €	+58.1%	312,6 k €	-12.4%	356,7 k €	+36.7%	260,9 k €	+20.8%	216,1 k €	-6.3%	230,5 k €	+47.1%	156,7 k €	+8.9%	143,8 k €	-36.8%	227,5 k €
EBITDA	165,4 k €	+140%	69 k €	-59.6%	170,7 k €	+26.6%	134,8 k €	-19.2%	166,8 k €	-27.5%	230,1 k €	+3.1%	223,1 k €	-42.5%	387,9 k €	-18.3%	474,7 k €	+55.5%	305,3 k €	-3.6%	316,5 k €	+42.9%	221,4 k €	+8.7%	203,7 k €	-8.1%	221,6 k €	+107%	106,9 k €	-23.6%	139,9 k €	-36.2%	219,3 k €
Operating result	69,2 k €	+1413%	-5,3 k €	-106%	92,4 k €	+83.1%	50,5 k €	-42.3%	87,4 k €	-35.5%	135,5 k €	+5.5%	128,4 k €	-56.7%	296,4 k €	-22.8%	383,9 k €	+76.9%	217,1 k €	-11.5%	245,4 k €	+47.3%	166,6 k €	-1.6%	169,3 k €	-6.1%	180,3 k €	+154%	70,9 k €	-35.2%	109,5 k €	-38.0%	176,5 k €
Net result	28,3 k €	+186%	-33,1 k €	-166%	50 k €	+92.2%	26 k €	-43.5%	46,1 k €	-31.3%	67,1 k €	+4.2%	64,4 k €	-57.5%	151,3 k €	-46.4%	282,1 k €	+239%	83,3 k €	-41.2%	141,6 k €	-23.1%	184,1 k €	+315%	44,4 k €	-63.3%	120,9 k €	+246%	34,9 k €	-45.0%	63,5 k €	-39.4%	104,8 k €
Balance sheet
Equity	392,3 k €	-32.2%	579 k €	-5.4%	612,1 k €	-27.5%	844,1 k €	-23.4%	1,1 M €	+4.4%	1,1 M €	+6.8%	989 k €	+7.0%	924,6 k €	-23.5%	1,2 M €	+30.4%	927,1 k €	+9.9%	843,8 k €	+20.2%	702,1 k €	+28.0%	548,5 k €	+8.8%	504,1 k €	+31.5%	383,3 k €	+10.0%	348,3 k €	+22.3%	284,8 k €
Total assets	3 M €	+188%	1 M €	-12.5%	1,2 M €	-14.5%	1,4 M €	-15.3%	1,7 M €	+2.4%	1,6 M €	+2.5%	1,6 M €	-21.5%	2 M €	-13.5%	2,3 M €	-0.3%	2,3 M €	+57.1%	1,5 M €	+7.1%	1,4 M €	+14.0%	1,2 M €	+1.1%	1,2 M €	+4.7%	1,1 M €	+46.4%	782,7 k €	+7.3%	729,1 k €
Cash	95,7 k €	+2.7%	93,2 k €	-43.9%	166,1 k €	-44.2%	297,5 k €	-53.0%	633 k €	+19.7%	528,7 k €	+30.6%	404,7 k €	-47.4%	769,6 k €	+1269%	56,2 k €	-46.1%	104,4 k €	-17.5%	126,5 k €	-32.5%	187,4 k €	-53.5%	403,4 k €	+11.7%	361,1 k €	+14.8%	314,6 k €	+83.6%	171,3 k €	+51.0%	113,5 k €
Debts	2,6 M €	+454%	469,1 k €	-19.9%	585,8 k €	+5.2%	556,7 k €	+1.1%	550,8 k €	-1.2%	557,5 k €	-4.7%	584,9 k €	-45.8%	1,1 M €	-2.5%	1,1 M €	-20.7%	1,4 M €	+120%	636 k €	-6.4%	679,3 k €	+2.4%	663,6 k €	-4.6%	695,4 k €	-2.4%	712,7 k €	+75.9%	405,1 k €	-5.7%	429,8 k €

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 31/12/2024 · 1 active · 1 ended

Active mandates

Hendrik Durnez

Director

Active

Ended mandates

Hendrik Durnez

Manager

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/08/2025	21/02/2024	12/05/2023	22/03/2022	25/05/2021	04/05/2020
General meeting	23/08/2025	17/02/2024	29/04/2023	19/03/2022	22/05/2021	28/03/2020
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
Micro model	31/12/2024	23/08/2025	29/08/2025	Dutch	PDF
Micro model	31/12/2023	17/02/2024	21/02/2024	Dutch	PDF
Micro model	31/12/2022	29/04/2023	12/05/2023	Dutch	PDF
Micro model	31/12/2021	19/03/2022	22/03/2022	Dutch	PDF
Micro model	31/12/2020	22/05/2021	25/05/2021	Dutch	PDF
Micro model	31/12/2019	28/03/2020	04/05/2020	Dutch	PDF
Micro model	31/12/2018	18/05/2019	18/06/2019	Dutch	PDF
Micro model	31/12/2017	12/05/2018	01/06/2018	Dutch	PDF
Micro model	31/12/2016	01/04/2017	10/04/2017	Dutch	PDF
Abridged model	31/12/2015	07/05/2016	09/05/2016	Dutch	PDF
Abridged model	31/12/2014	28/02/2015	16/03/2015	Dutch	PDF
Abridged model	31/12/2013	28/06/2014	30/06/2014	Dutch	PDF
Abridged model	31/12/2012	15/06/2013	03/07/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	06/08/2012	Dutch	PDF
Abridged model	31/12/2010	11/06/2011	21/06/2011	Dutch	PDF
Abridged model	31/12/2009	12/06/2010	22/06/2010	Dutch	PDF
Abridged model	31/12/2008	13/06/2009	30/06/2009	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 31/12/2024 · 1 active · 1 ended

Active mandates

Hendrik Durnez

Director

Active

Ended mandates

Hendrik Durnez

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/09/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office11/10/2021
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares12/01/2018
KAPITAAL - AANDELEN
PDF
Registered office26/06/2014
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares07/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office27/07/2012
MAATSCHAPPELIJKE ZETEL
PDF
Other10/07/2007
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

2024
Annual accounts 202428,3 k €↑
2023
Annual accounts 2023-33,1 k €↓
2022
Annual accounts 202250 k €↑
2021
Annual accounts 202126 k €↓
2020
Annual accounts 202046,1 k €↓
2019
Annual accounts 201967,1 k €↑
2018
Annual accounts 201864,4 k €↓
2017
Annual accounts 2017151,3 k €↓
2016
Annual accounts 2016282,1 k €↑
2015
Annual accounts 201583,3 k €↓
2014
Annual accounts 2014141,6 k €↓
2013
Annual accounts 2013184,1 k €↑
2012
Annual accounts 201244,4 k €↓
2011
Annual accounts 2011120,9 k €↑
2010
Annual accounts 201034,9 k €↓
2009
Annual accounts 200963,5 k €↓
2008
Annual accounts 2008104,8 k €
29/06/2007
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

Pain & Company

Overview

What does Pain & Company do?

Trend over 17 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