Active · per the CBE, 31 October 2026

PICABO

BE0460213431

Rechtspersoon Public limited company 2 establishments

PICABO is a hospitality business in Gent. Public Limited, started on 17 March 1997, 2 establishments.

Sint-Joriskaai 1, 9000 Gent

Behind the company: VALERIE VAN DER BRACHT, ERIC VAN DER BRACHT.

Active for

29 year, 7 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Two loss years in a row NBB

    Negative result in 2024 and 2025.

  • Tight liquidity NBB

    Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

PICABO from Gent, company number BE0460213431, closed financial year 2025 with a result of € -12,473 after tax. For that financial year PICABO recorded a gross margin of € 43,914 and equity of € 166,467. Compared with financial year 2024, the result moved from € -12,365 to € -12,473. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 27, 2026.

What it is worth Healthy

€ 166,467

▼ 7% vs 2024

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

Loss Caution

€ -12,473

▼ 1 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 14,388

▼ 68% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 104,467.

People and assets in 2025

Wage cost

€ 21,914

▼ 27% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 9,659

▲ 4% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go

€ 34,057

▼ 23% vs 2024

€ 10,314 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 15,787

▼ 9% vs 2024

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

Taxes and wages

€ 5,266

▼ 24% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 38,441 € 51,645 € 59,208 € 43,914 ▼ 26%
Profit after taxes € -17,349 € -8,484 € -12,365 € -12,473 ▼ € 108
Equity € 199,789 € 191,305 € 178,940 € 166,467 ▼ 7%
Total debts € 436,318 € 363,879 € 358,913 € 310,758 ▼ 13%
Cash € 73,071 € 34,419 € 45,552 € 14,388 ▼ 68%
Land & buildings € 471,549 € 447,461 € 423,373 € 399,285 ▼ 6%
Retained profit € 137,789 € 129,305 € 116,940 € 104,467 ▼ 11%
Bank debt € 64,140 € 54,253 € 44,226 € 34,057 ▼ 23%
Balance sheet total € 636,107 € 555,184 € 537,853 € 477,225 ▼ 11%

Key figures of PICABO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.

What happened to PICABO?

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

  • New annual accounts for financial year 2025: loss of € 12,473. Source: NBB ↗
  • New establishment in Gent. KBO
  • VALERIE VAN DER BRACHT became a director. NBB
  • ERIC VAN DER BRACHT became a director. NBB
  • New establishment in Gent. KBO
  • Start of the company according to the CBE. KBO

In short

From € 17,349 loss in 2022 to € 12,473 loss in 2025.

Paid € 3,757 in corporate taxes since 2022.

Management

VALERIE VAN DER BRACHT ERIC VAN DER BRACHT
PICABO

Behind PICABO are VALERIE VAN DER BRACHT and ERIC VAN DER BRACHT.

Directors

According to the 2025 annual accounts

VALERIE VAN DER BRACHT

Managing director

since 2023

ERIC VAN DER BRACHT

Managing director

since 2023

Establishments

Establishment units

Physical locations of this company

Registered office

Sint-Joriskaai 1

9000 Gent

2.344.999.249

Nieuwbrugkaai 99

9000 Gent

Active since 1 July 2023

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

Details

Company number
0460.213.431
VAT number
BE 0460.213.431
Registered office
Sint-Joriskaai 1, 9000 Gent
Names & denominations
PICABO
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
17 March 1997
Peppol
Active · Active since 6 Jan 2026
Activities · NACE

Activiteiten van eetgelegenheden met volledige bediening

Activiteiten op het gebied van kinesitherapie

Kinesitherapeuten (fysiotherapeuten)

Eetgelegenheden met volledige bediening

Ambulante revalidatieactiviteiten

Overige detailhandel in voedingsmiddelen, neg

Detailhandel in bloemen, planten, zaden en kunstmeststoffen

Vervaardiging van medische en tandheelkundige instrumenten en benodigdheden

+8

Frequently asked questions

What does PICABO do?
PICABO is a hospitality business in Gent. Public Limited, started on 17 March 1997, 2 establishments.
What is the address of PICABO?
The registered office of PICABO is located at Sint-Joriskaai 1, 9000 Gent.
Is PICABO still active?
Yes. According to the CBE (31 October 2026) PICABO is active, legal situation “Normale toestand”, started on 17 March 1997.
Is PICABO registered on Peppol?
Yes, PICABO is registered on the Peppol network with ID 0208:0460213431.
What is the enterprise number of PICABO?
The enterprise number of PICABO is BE0460213431.
When was PICABO founded?
PICABO was founded on 17 March 1997.