Financials
Financial year 2025
The People Panel from Kortrijk, company number BE0726809122, closed financial year 2025 with a result of € 27.8 million after tax. For that financial year The People Panel recorded revenue of € 9.6 million and equity of € 148 million. Compared with financial year 2024, the result moved from € 28.2 million to € 27.8 million. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 148 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 27.8 million
▼ 2% vs 2024
Profit after tax over the fiscal year.
€ 19.3 million
▲ 141% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 27.8 million paid out
100 % of the profit went to the shareholders, mostly to Liv (89 % of the shares). That is where the money ends up.
People and assets in 2025
75.5
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.9 million
▼ 1% vs 2024
€ 65,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 218,272
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 342,442
▼ 72% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 35 days on average.
€ 1.1 million
▲ 19% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 8,051,796 | € 8,404,646 | € 8,834,322 | € 9,641,340 | ▲ 9% |
| Profit after taxes | € 25,267,421 | € 28,852,267 | € 28,249,804 | € 27,822,328 | ▼ 2% |
| Equity | € 109,730,810 | € 138,583,077 | € 148,032,881 | € 148,032,881 | |
| Total debts | € 26,909,638 | € 15,579,450 | € 20,936,479 | € 29,269,753 | ▲ 40% |
| Cash | € 102,681 | € 20,216,832 | € 7,993,413 | € 19,269,359 | ▲ 141% |
| Retained profit | € 57,164,602 | € 86,016,869 | € 95,466,673 | € 95,466,673 | |
| Dividend | € 0 | € 0 | € 18,800,000 | € 27,822,328 | ▲ 48% |
| Bank debt | € 17,479,860 | € 12,879,860 | € 0 | € 0 | |
| Balance sheet total | € 136,640,448 | € 154,162,527 | € 168,969,360 | € 177,302,634 | ▲ 5% |
| Employees (FTE) | 70.2 | 76 | 76 | 75.5 | ▼ 0.5 |
Key figures of The People Panel, 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 The People Panel?
What happened at The People Panel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Liv BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 27.8 million (▼ 2% vs 2024). Source: NBB ↗
- Liv BV became a director. NBB
- New establishment in Hasselt. KBO
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 25.3 million profit in 2022 to € 27.8 million profit in 2025.
Paid € 1.3 million in corporate taxes since 2022.
Best year ever: 2023, with € 28.9 million profit.
Paid out € 46.6 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Liv comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
The People PanelThe shares are held by MELISANDE VOF (10.6%) and Liv (89.5%). It owns 100% of Melisande VOF itself.
Directors
According to the 2025 annual accounts
Director · represented by Andres Sanders
Also active at: Immobilière La Closerie, NXTPeople, Teans, QUALITY CONTROL, LET'S WORK, MELISANDE, AIB, AGO CONSTRUCT +1 more
since 2024 · until 2030
Shareholders
10.6%
89.5%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Wolvenstraat(Kor) 23
8500 Kortrijk
Kattegatstraat 8
3500 Hasselt
Active since 1 November 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →Immobilière La Closerie same network
€ 67,437 gross margin · 2025
NXTPeople same network
€ 23.6 million revenue · 2025
Teans same network
€ 3.8 million gross margin · 2025
QUALITY CONTROL same network
€ 709,462 gross margin · 2025
BLUE OCEAN
€ 1.3 million revenue · 2025
+4 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
- 0726.809.122
- VAT number
- BE 0726.809.122
- Registered office
- Wolvenstraat(Kor) 23, 8500 Kortrijk
- Names & denominations
- The People Panel
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 May 2019
- Peppol
- Active · Active since 19 Jun 2025
- Activities · NACE
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Diverse administratieve activiteiten ten behoeve van kantoren
Activiteiten van holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Holdings