Financials
Financial year 2025
Pax from Alveringem, company number BE0402743208, closed financial year 2025 with a result of € 108,137 after tax. For that financial year Pax recorded a gross margin of € 180,844 and equity of € 725,865. Compared with financial year 2024, the result moved from € 81,467 to € 108,137. 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 July 21, 2026.
€ 725,865
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 108,137
▲ 33% vs 2024
Profit after tax over the fiscal year.
€ 85,127
▲ 55% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 40,000 paid out
37 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 37,702
▼ 12% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 15
Loans from banks and other lenders, long and short.
€ 5,158
▲ 162% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,082
▲ € 12,798 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 | |
|---|---|---|---|---|---|
| Gross margin | € 123,027 | € 138,820 | € 137,212 | € 180,844 | ▲ 32% |
| Profit after taxes | € 59,152 | € 80,559 | € 81,467 | € 108,137 | ▲ 33% |
| Equity | € 555,702 | € 606,261 | € 657,728 | € 725,865 | ▲ 10% |
| Total debts | € 75,612 | € 98,596 | € 47,418 | € 51,690 | ▲ 9% |
| Cash | € 458,601 | € 57,643 | € 54,769 | € 85,127 | ▲ 55% |
| Land & buildings | € 76,792 | € 72,930 | € 69,068 | € 82,924 | ▲ 20% |
| Retained profit | € 494,052 | € 544,611 | € 596,078 | € 664,215 | ▲ 11% |
| Dividend | € 20,000 | € 30,000 | € 30,000 | € 40,000 | ▲ 33% |
| Bank debt | € 0 | € 0 | € 0 | € 15 | |
| Balance sheet total | € 631,315 | € 704,857 | € 705,146 | € 777,555 | ▲ 10% |
Key figures of Pax, 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 Pax?
What happened at Pax in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 108,137 (▲ 33% vs 2024). Source: NBB ↗
- Miet Brutsaert became a director. NBB
- Pierre Brtsaert became a director. NBB
- Galaxy Industries Benelux NV became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Knokke-Heist. KBO
In short
From € 59,152 profit in 2022 to € 108,137 profit in 2025.
Paid € 83,928 in corporate taxes since 2022.
Best year ever: 2025, with € 108,137 profit.
Paid out € 120,000 in dividends to the owners in total.
Management
Behind Pax are Pierre Brtsaert, Miet Brutsaert and Galaxy Industries Benelux NV. Miet Brutsaert is also behind GALAXY INDUSTRIES BENELUX.
Directors
According to the 2025 annual accounts
Pierre Brtsaert
Director
since 2018
since 2018
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Gijverinkhovestraat 2
8691 Alveringem
Kustlaan 105
8300 Knokke-Heist
Active since 1 July 1952
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →MyHappyFeet.org
BRUNAMI
G & J Invest
BRUNA INVEST
€ -238,202 gross margin · 2025
BRUNA CONSULT
€ 26,790 gross margin · 2025
+1 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
- 0402.743.208
- VAT number
- BE 0402.743.208
- Registered office
- Gijverinkhovestraat 2, 8691 Alveringem
- Names & denominations
- Pax
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 July 1952
- Peppol
- Active · Active since 12 Mar 2026