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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
14 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PIAS GROUP from Brussel, company number BE0438049129, closed financial year 2025 with a result of € 210,330 after tax. Compared with financial year 2024, the result moved from € -1.4 million to € 210,330. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 15, 2026.
€ 2.1 million
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 210,330
▲ still € 1.4 million loss in 2024
Profit after tax over the fiscal year.
€ 27,885
▲ 138% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -9.5 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 270,813
▲ 60% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 470 days on average.
€ 3,416
▲ € 3,416 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € 398,016 | € 373,063 | € -1,383,918 | € 210,330 | ▲ € 1.6 million |
| Equity | € 2,894,950 | € 3,268,012 | € 1,884,095 | € 2,094,424 | ▲ 11% |
| Total debts | € 38,248,800 | € 39,154,417 | € 40,696,194 | € 41,658,701 | ▲ 2% |
| Cash | € 1,559 | € 16,025 | € 11,701 | € 27,885 | ▲ 138% |
| Retained profit | € -8,687,600 | € -8,314,537 | € -9,698,455 | € -9,488,125 | ▲ € 210,330 |
| Balance sheet total | € 41,143,750 | € 42,422,429 | € 42,580,288 | € 43,753,125 | ▲ 3% |
Key figures of PIAS GROUP, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to PIAS GROUP?
What happened at PIAS GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 210,330. filed late Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 398,016 profit in 2022 to € 210,330 profit in 2025.
Best year ever: 2022, with € 398,016 profit.
Management
Behind PIAS GROUP is KENNETH GATES. The shares are held by LGS2 SRL (100%). It owns 100% of Helikon Harmonia Mundi GmbH, 100% of PLAY IT AGAIN SAM BV, 100% of HARMONIA MUNDI MUSICORA AG, 100% of PIAS RECORDS SPAIN, 100% of PLAY IT AGAIN SAM and 100% of PLAY IT AGAIN SAM HOLDING UK itself.
Directors
According to the 2025 annual accounts
KENNETH GATES
Director
Also active at: PLAY IT AGAIN SAM, GLS, FOLLOW-UP, RD, LGS2, Source Publishing
Shareholders
100%
Participations
PLAY IT AGAIN SAM BV
100%
PIAS RECORDS SPAIN
100%
100%
F COMMUNICATIONS
60%
15%
PIAS FRANCE SARL
0.1%
Establishments
Establishment units
Physical locations of this company
Sint-Laurensstraat 36-38
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.
All companies at this address →CRAMMED DISCS
€ 42,081 gross margin · 2025
New Music Corporation - Hebra Records
€ 18,198 gross margin · 2025
MIRE
€ 17,992 gross margin · 2025
PLAY IT AGAIN SAM same network
€ 25.2 million revenue · 2025
LGS2 same network
+9 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0438.049.129
- VAT number
- BE 0438.049.129
- Registered office
- Sint-Laurensstraat 36-38, 1000 Brussel
- Names & denominations
- PIAS GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 August 1989
- Peppol
- Active · Active since 15 Apr 2026
- Activities · NACE
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