Picas is a property company in Niel. Public Limited, started on 14 February 1985, 1 establishment.

What is the address of Picas?

The registered office of Picas is located at Matenstraat 208, 2845 Niel.

Is Picas still active?

Yes. According to the CBE (29 October 2026) Picas is active, legal situation “Normale toestand”, started on 14 February 1985.

Is Picas registered on Peppol?

Yes, Picas is registered on the Peppol network with ID 0208:0428038630.

What is the enterprise number of Picas?

The enterprise number of Picas is BE0428038630.

When was Picas founded?

Picas was founded on 14 February 1985.

Who are the directors of Picas?

According to the 2026 annual accounts, the directors of Picas are: Lars Voordeckers, Riggin NV.

Is Picas a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 14 February 1985; 5 annual accounts filed, latest fiscal year 2026; 2 directors known from the annual account.

How much profit did Picas make in 2026?

Picas posted a profit after taxes of € 333,878 in financial year 2026.

What is the revenue of Picas?

As a small company, Picas is not required to publish revenue in its annual accounts. In financial year 2026, its added value was € 723,743.

Picas (Public Limited) - Niel - BE0428038630

Dossier Picas, printed on 29 October 2026 from databakkes.be/en/0428038630/picas. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2026

Picas from Niel, company number BE0428038630, closed financial year 2026 with a result of € 333,878 after tax. For that financial year Picas recorded a gross margin of € 723,743 and equity of € 4.4 million. Compared with financial year 2025, the result moved from € 156,478 to € 333,878. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.

What it is worth Growing

€ 4.4 million

▲ 8% vs 2025

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 333,878

▲ 113% vs 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 319,488

▼ 16% vs 2025

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2026. Retained profit grew to € 3.3 million.

Debts at end 2026

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 303,503

▼ 27% vs 2025

€ 110,393 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 208,391

▲ 12% vs 2025

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 29,584

▲ € 28,065 vs 2025

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2023	2024	2025	2026	Change 2025 → 2026
Gross margin	€ 506,244 Gross margin 2023: € 506,244 First fiscal year in the series	€ 510,523 Gross margin 2024: € 510,523 ▲ 1% vs 2023 (€ 506,244) Favourable step	€ 481,891 Gross margin 2025: € 481,891 ▼ 6% vs 2024 (€ 510,523) Unfavourable step	€ 723,743 Gross margin 2026: € 723,743 ▲ 50% vs 2025 (€ 481,891) Favourable step	▲ 50%
Profit after taxes	€ 184,819 Profit after taxes 2023: € 184,819 First fiscal year in the series	€ 191,888 Profit after taxes 2024: € 191,888 ▲ 4% vs 2023 (€ 184,819) Favourable step	€ 156,478 Profit after taxes 2025: € 156,478 ▼ 18% vs 2024 (€ 191,888) Unfavourable step	€ 333,878 Profit after taxes 2026: € 333,878 ▲ 113% vs 2025 (€ 156,478) Favourable step	▲ 113%
Equity	€ 3,669,170 Equity 2023: € 3,669,170 First fiscal year in the series	€ 3,861,058 Equity 2024: € 3,861,058 ▲ 5% vs 2023 (€ 3,669,170) Favourable step	€ 4,061,209 Equity 2025: € 4,061,209 ▲ 5% vs 2024 (€ 3,861,058) Favourable step	€ 4,395,087 Equity 2026: € 4,395,087 ▲ 8% vs 2025 (€ 4,061,209) Favourable step	▲ 8%
Total debts	€ 1,398,991 Total debts 2023: € 1,398,991 First fiscal year in the series	€ 1,033,321 Total debts 2024: € 1,033,321 ▼ 26% vs 2023 (€ 1,398,991) Favourable step	€ 675,244 Total debts 2025: € 675,244 ▼ 35% vs 2024 (€ 1,033,321) Favourable step	€ 545,010 Total debts 2026: € 545,010 ▼ 19% vs 2025 (€ 675,244) Favourable step	▼ 19%
Cash	€ 512,748 Cash 2023: € 512,748 First fiscal year in the series	€ 460,493 Cash 2024: € 460,493 ▼ 10% vs 2023 (€ 512,748) Unfavourable step	€ 379,631 Cash 2025: € 379,631 ▼ 18% vs 2024 (€ 460,493) Unfavourable step	€ 319,488 Cash 2026: € 319,488 ▼ 16% vs 2025 (€ 379,631) Unfavourable step	▼ 16%
Retained profit	€ 2,455,223 Retained profit 2023: € 2,455,223 First fiscal year in the series	€ 2,690,134 Retained profit 2024: € 2,690,134 ▲ 10% vs 2023 (€ 2,455,223) Favourable step	€ 2,933,192 Retained profit 2025: € 2,933,192 ▲ 9% vs 2024 (€ 2,690,134) Favourable step	€ 3,267,070 Retained profit 2026: € 3,267,070 ▲ 11% vs 2025 (€ 2,933,192) Favourable step	▲ 11%
Dividend	€ 200,000 Dividend 2023: € 200,000 First fiscal year in the series	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 200,000) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2026: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 630,509 Bank debt 2023: € 630,509 First fiscal year in the series	€ 523,584 Bank debt 2024: € 523,584 ▼ 17% vs 2023 (€ 630,509) Favourable step	€ 415,058 Bank debt 2025: € 415,058 ▼ 21% vs 2024 (€ 523,584) Favourable step	€ 303,503 Bank debt 2026: € 303,503 ▼ 27% vs 2025 (€ 415,058) Favourable step	▼ 27%
Balance sheet total	€ 5,360,616 Balance sheet total 2023: € 5,360,616 First fiscal year in the series	€ 5,176,433 Balance sheet total 2024: € 5,176,433 ▼ 3% vs 2023 (€ 5,360,616) Unchanged	€ 4,966,066 Balance sheet total 2025: € 4,966,066 ▼ 4% vs 2024 (€ 5,176,433) Unchanged	€ 5,214,713 Balance sheet total 2026: € 5,214,713 ▲ 5% vs 2025 (€ 4,966,066) Unchanged	▲ 5%

Key figures of Picas, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.

What happened to Picas?

What happened at Picas in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Sep 30, 2026 New annual accounts for financial year 2026: profit of € 333,878 (▲ 113% vs 2025). Source: NBB ↗
Mar 19, 1985 New establishment in Niel. KBO
Feb 14, 1985 Start of the company according to the CBE. KBO

In short

From € 184,819 profit in 2023 to € 333,878 profit in 2026.

Paid € 332,572 in corporate taxes since 2023.

Best year ever: 2026, with € 333,878 profit.

Paid out € 200,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

RIGGIN 100%

The stake of RIGGIN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Picas

Behind Picas are Lars Voordeckers and Riggin NV. The shares are held by RIGGIN (100%).

Directors

According to the 2026 annual accounts

Lars Voordeckers

Managing director

Also active at: Transpico, Industrial Maintenance & Moving Solutions, TRANSPICO INDUMOVE INTERNATIONAL, RIGGIN

Riggin NV

Managing director · represented by Erik Verkest

Also active at: Transpico, TRANSPICO INDUMOVE INTERNATIONAL

Shareholders

RIGGIN

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Matenstraat 208

2845 Niel

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

Nielse Kapittel Steenbakkerij

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0428.038.630

VAT number

BE 0428.038.630

Registered office

Matenstraat 208, 2845 Niel

Names & denominations

Picas

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

14 February 1985

Peppol

Active · Active since 10 Dec 2025

Activities · NACE

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

View on CBE Public ↗ Annual accounts (NBB) ↗

Picas

Financials

What happened to Picas?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions