Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 15 to 12.3.
-
Busy address KBO
40 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PUGH & CO INTERNATIONAL from Mont-Saint-Guibert, company number BE0403086171, closed financial year 2025 with a result of € 427,182 after tax. For that financial year PUGH & CO INTERNATIONAL recorded a gross margin of € 1.4 million and equity of € 6.1 million. Compared with financial year 2024, the result moved from € 330,834 to € 427,182. 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 9, 2026.
€ 6.1 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 427,182
▲ 29% vs 2024
Profit after tax over the fiscal year.
€ 442,316
▼ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 275,000 paid out
64 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
12.3
▼ 1.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 707,999
▲ 1% vs 2024
€ 57,600 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.
€ 42,668
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.6 million
▼ 8% vs 2024
€ 132,163 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 61,018
▼ 86% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 186,231
▲ 104% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,140,121 | € 1,063,097 | € 1,161,204 | € 1,402,799 | ▲ 21% |
| Profit after taxes | € 200,652 | € 255,615 | € 330,834 | € 427,182 | ▲ 29% |
| Equity | € 5,963,785 | € 5,934,434 | € 5,965,164 | € 6,075,994 | ▲ 2% |
| Total debts | € 2,907,967 | € 2,592,978 | € 2,606,202 | € 2,257,668 | ▼ 13% |
| Cash | € 619,716 | € 484,876 | € 447,415 | € 442,316 | ▼ 1% |
| Land & buildings | € 545,736 | € 3,465,436 | € 3,292,383 | € 3,134,241 | ▼ 5% |
| Retained profit | € 5,839,785 | € 5,810,434 | € 5,841,164 | € 5,951,994 | ▲ 2% |
| Dividend | € 250,000 | € 250,000 | € 260,000 | € 275,000 | ▲ 6% |
| Bank debt | € 1,928,043 | € 1,849,501 | € 1,720,717 | € 1,590,256 | ▼ 8% |
| Balance sheet total | € 8,877,875 | € 8,533,535 | € 8,577,489 | € 8,339,785 | ▼ 3% |
| Employees (FTE) | 15 | 15 | 14 | 12.3 | ▼ 1.7 |
Key figures of PUGH & CO INTERNATIONAL, 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 PUGH & CO INTERNATIONAL?
What happened at PUGH & CO INTERNATIONAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Bernard LEDUC stepped down as director. NBB
- Roland PEEMANS stepped down as director. NBB
- Julie PEEMANS stepped down as director. NBB
- Vincent BAYER stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 427,182 (▲ 29% vs 2024). filed late Source: NBB ↗
- Bernard LEDUC became a director. NBB
- Roland PEEMANS became a director. NBB
- Julie PEEMANS became a director. NBB
In short
From € 200,652 profit in 2022 to € 427,182 profit in 2025.
Paid € 301,990 in corporate taxes since 2022.
Best year ever: 2025, with € 427,182 profit.
On average € 114,000 of value added per employee in 2025.
Management
The stake of MARKETING COMMERCIAL DEVELOPPEMENT SERVICES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PUGH & CO INTERNATIONALThe shares are held by MARKETING COMMERCIAL DEVELOPPEMENT SERVICES (10%).
Directors
According to the 2025 annual accounts
since 2026 · until 2032
since 2026 · until 2032
since 2026 · until 2032
Vincent BAYER
Director
since 2026 · until 2032
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue des Sablières 45 box 69
1435 Mont-Saint-Guibert
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 40 companies are registered at this address.
All companies at this address →Produits Habi
€ 8.7 million revenue · 2026
TRANNEX
€ 1.4 million gross margin · 2025
ETABLISSEMENTS NICOLAY
€ 487,079 gross margin · 2025
ALPHASTYLE
€ 113,736 gross margin · 2025
EYE-LITE BELGIUM
€ 187,767 gross margin · 2025
+35 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
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Website info
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Details
- Company number
- 0403.086.171
- VAT number
- BE 0403.086.171
- Registered office
- Rue des Sablières 45 bus 69, 1435 Mont-Saint-Guibert
- Names & denominations
- PUGH & CO INTERNATIONAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 October 1947
- Peppol
- Active · Active since 8 Jul 2025
- Contact
- pugh.be [email protected]
- Activities · NACE
Groothandel in farmaceutische en medische artikelen
Groothandel in farmaceutische producten
Vervaardiging van andere chemische producten, neg
Handelsbemiddeling in de groothandel in andere specifieke goederen
Groothandel in chemische producten voor industrieel gebruik
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