ACTIVE

PIELOS

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Financial year 2025 · closed on 31/12/2025

Net result

125 k €

-71.6% YoY

Gross margin

-59,1 k €

-159.9% YoY

Equity

9,1 M €

+1.4% YoY

Workforce

0,0 ETP

What does PIELOS do?

PIELOS is a Private limited company incorporated in 2007. Its main activity is: Activities of holding companies. Its registered office is in Destelbergen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0893.808.676

Incorporation

28/11/2007

Legal form

Private limited company

Registered office

Kerkstraat 65
9070 Destelbergen · FlandreSee on map

Contributed capital

1 250 000,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	-59,1 k €	-160%	98,6 k €	+127%	43,4 k €	-44.4%	78,2 k €	+28.1%	61 k €	-80.8%	318,3 k €	+135%	135,2 k €	+36.3%	99,2 k €	-40.6%	167 k €	+548%	25,8 k €	+1029%	-2,8 k €	-901%	346 €	-83.6%	2,1 k €	+157%	819 €	-54.7%	1,8 k €	+173%	661 €	-60.7%	1,7 k €	+102%	833,3 €
EBITDA	-60,4 k €	-162%	97,1 k €	+131%	42,1 k €	-45.4%	77,1 k €	+28.9%	59,8 k €	-79.4%	290,8 k €	+208%	94,4 k €	+55.4%	60,7 k €	-51.3%	124,7 k €	+1829%	-7,2 k €	-92.7%	-3,7 k €	-501%	-623 €	-155%	1,1 k €	+891%	-144 €	-117%	862,1 €	+132%	-2,7 k €	-299%	1,3 k €	+2774%	46,5 €
Operating result	-60,6 k €	-164%	95,3 k €	+144%	39,1 k €	-46.7%	73,4 k €	+30.8%	56,1 k €	-80.5%	288,4 k €	+346%	-117,3 k €	-293%	60,7 k €	-51.3%	124,7 k €	+1829%	-7,2 k €	-92.7%	-3,7 k €	-501%	-623 €	+99.7%	-180,7 k €	-125332%	-144 €	-117%	862,1 €	+132%	-2,7 k €	-299%	1,3 k €	+181%	-1,7 k €
Net result	125 k €	-71.6%	439,3 k €	+325%	-195,3 k €	-418%	61,5 k €	-83.6%	375,3 k €	+3.5%	362,4 k €	+209%	-332,5 k €	-182%	405,6 k €	-68.4%	1,3 M €	+1618%	74,6 k €	+13.3%	65,9 k €	-97.6%	2,7 M €	+2180%	-129,9 k €	-22850%	571,2 €	-100.0%	2,7 M €	+4212%	61,6 k €	+264%	16,9 k €	+112%	-146,1 k €
Balance sheet
Equity	9,1 M €	+1.4%	9 M €	+5.2%	8,5 M €	-2.2%	8,7 M €	+0.7%	8,6 M €	+4.5%	8,3 M €	+4.6%	7,9 M €	-4.0%	8,2 M €	+5.2%	7,8 M €	-10.7%	8,8 M €	+0.9%	8,7 M €	+0.8%	8,6 M €	+45.6%	5,9 M €	-2.1%	6,1 M €	+0.0%	6,1 M €	+78.1%	3,4 M €	+2716%	120,8 k €	+16.3%	103,9 k €
Total assets	12,1 M €	+1.1%	12 M €	+1.5%	11,8 M €	-9.3%	13 M €	+1.4%	12,8 M €	-6.6%	13,7 M €	+3.0%	13,3 M €	-0.5%	13,4 M €	-5.8%	14,2 M €	+9.0%	13 M €	-5.2%	13,8 M €	+17.6%	11,7 M €	+29.4%	9 M €	+0.4%	9 M €	-4.6%	9,4 M €	+42.7%	6,6 M €	+585%	965,5 k €	+21.3%	795,8 k €
Cash	86,3 k €	+8.4%	79,6 k €	+5.0%	75,8 k €	-92.2%	967,3 k €	+43.5%	674,2 k €	-3.6%	699,3 k €	+134%	298,4 k €	+29.1%	231,1 k €	-91.4%	2,7 M €	+642%	364,3 k €	+75.6%	207,5 k €	+1261%	15,2 k €	+61.0%	9,5 k €	+174%	3,5 k €	-61.7%	9 k €	+209%	2,9 k €	-88.1%	24,7 k €	+74.5%	14,1 k €
Debts	3 M €	-0.0%	3 M €	-8.2%	3,3 M €	-20.4%	4,1 M €	+2.9%	4 M €	-23.8%	5,2 M €	+0.7%	5,2 M €	+4.6%	5 M €	-20.7%	6,3 M €	+52.0%	4,1 M €	-15.6%	4,9 M €	+66.9%	2,9 M €	-1.5%	3 M €	+4.4%	2,9 M €	-12.8%	3,3 M €	+4.2%	3,1 M €	+278%	830,3 k €	+21.4%	684 k €
Other
Workforce	0,0 ETP		0,0 ETP		–		–		–		1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 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 31/12/2025 · 2 active · 4 ended

Active mandates

Christophe Desimpel

Director · since 05 septembre 2023

Active

Elise Desimpel

Director · since 05 septembre 2023

Active

Ended mandates

Elise Desimpel

Director · since 08 octobre 2018

Ended

Elise Desimpel

Manager · since 08 octobre 2018

Ended

Christophe Desimpel

Director · since 28 novembre 2007

Ended

CHRISTOPHE DESIMPEL

Manager · since 28 novembre 2007

Ended

At this address

Other companies at this address

Company	CBE no.
Albatros● Active	0753.588.149
MAHORA INVEST● Active	0886.405.893
TE LANDE● Active	0457.032.623

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	25/06/2026	29/08/2025	28/06/2024	19/07/2023	29/08/2022	27/08/2021
General meeting	26/05/2026	26/05/2025	27/05/2024	02/05/2023	02/05/2022	28/06/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/05/2026	25/06/2026	Dutch	PDF
Abridged model	31/12/2024	26/05/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	27/05/2024	28/06/2024	Dutch	PDF
Abridged model	31/12/2022	02/05/2023	19/07/2023	Dutch	PDF
Abridged model	31/12/2021	02/05/2022	29/08/2022	Dutch	PDF
Abridged model	31/12/2020	28/06/2021	27/08/2021	Dutch	PDF
Abridged model	31/12/2019	29/06/2020	29/09/2020	Dutch	PDF
Abridged model	31/12/2018	06/05/2019	24/07/2019	Dutch	PDF
Abridged model	31/12/2017	07/05/2018	31/07/2018	Dutch	PDF
Abridged model	31/12/2016	02/05/2017	14/11/2017	Dutch	PDF
Micro model	31/12/2016	02/05/2017	17/08/2017	Dutch	PDF
Abridged model	31/12/2015	02/05/2016	23/08/2016	Dutch	PDF
Abridged model	31/12/2014	04/05/2015	26/08/2015	Dutch	PDF
Abridged model	31/12/2013	05/05/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	06/05/2013	23/08/2013	Dutch	PDF
Abridged model	31/12/2011	07/05/2012	28/06/2012	Dutch	PDF
Abridged model	31/12/2010	02/05/2011	24/06/2011	Dutch	PDF
Abridged model	31/12/2009	03/05/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	04/05/2009	15/07/2009	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 31/12/2025 · 2 active · 4 ended

Active mandates

Christophe Desimpel

Director · since 05 septembre 2023

Active

Elise Desimpel

Director · since 05 septembre 2023

Active

Ended mandates

Elise Desimpel

Director · since 08 octobre 2018

Ended

Elise Desimpel

Manager · since 08 octobre 2018

Ended

Christophe Desimpel

Director · since 28 novembre 2007

Ended

CHRISTOPHE DESIMPEL

Manager · since 28 novembre 2007

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates20/09/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/11/2018
ONTSLAGEN - BENOEMINGEN
PDF
Registered office04/01/2018
MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN
PDF
Capital / shares02/08/2010
KAPITAAL - AANDELEN
PDF
Other30/11/2007
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

2025
Annual accounts 2025125 k €↓
2024
Annual accounts 2024439,3 k €↑
2023
Annual accounts 2023-195,3 k €↓
2022
Annual accounts 202261,5 k €↓
2021
Annual accounts 2021375,3 k €↑
2020
Annual accounts 2020362,4 k €↑
2019
Annual accounts 2019-332,5 k €↓
2018
Annual accounts 2018405,6 k €↓
2017
Annual accounts 20171,3 M €↑
2016
Annual accounts 201674,6 k €↑
2015
Annual accounts 201565,9 k €↓
2014
Annual accounts 20142,7 M €↑
2013
Annual accounts 2013-129,9 k €↓
2012
Annual accounts 2012571,2 €↓
2011
Annual accounts 20112,7 M €↑
2010
Annual accounts 201061,6 k €↑
2009
Annual accounts 200916,9 k €↑
2008
Annual accounts 2008-146,1 k €
28/11/2007
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

PIELOS

Overview

What does PIELOS do?

Trend over 18 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