Warning lights
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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Figures corrected NBB
Corrected annual account filed for 2023.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
PETERSIME from Zulte, company number BE0404527612, closed financial year 2025 with a result of € 34.4 million after tax. For that financial year PETERSIME recorded revenue of € 138.9 million and equity of € 23.5 million. Compared with financial year 2024, the result moved from € 17.2 million to € 34.4 million. Profitable, and profit is growing. The buffer shrank hard: equity is 55 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 24, 2026.
€ 23.5 million
▼ 55% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 34.4 million
▲ 100% vs 2024
Profit after tax over the fiscal year.
€ 7.1 million
▼ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 62.5 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
227.1
▲ 8.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 19.5 million
▲ 10% vs 2024
€ 85,700 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.
€ 445,570
▼ 5% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 8.3 million
Loans from banks and other lenders, long and short.
€ 9.4 million
▲ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 44 days on average.
€ 5.7 million
▲ 32% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 86,718,127 | € 86,829,179 | € 95,523,694 | € 138,918,137 | ▲ 45% |
| Profit after taxes | € 6,527,511 | € 10,388,934 | € 17,226,780 | € 34,378,566 | ▲ 100% |
| Equity | € 49,858,452 | € 51,247,386 | € 51,774,166 | € 23,466,732 | ▼ 55% |
| Total debts | € 37,889,300 | € 42,129,910 | € 40,185,340 | € 67,574,828 | ▲ 68% |
| Cash | € 12,806,240 | € 14,666,575 | € 9,105,847 | € 7,065,756 | ▼ 22% |
| Land & buildings | € 4,030,723 | € 3,767,083 | € 3,446,268 | € 4,651,723 | ▲ 35% |
| Retained profit | € 49,108,452 | € 50,497,386 | € 51,024,166 | € 22,716,732 | ▼ 55% |
| Dividend | € 0 | € 9,000,000 | € 16,700,000 | € 62,500,000 | ▲ 274% |
| Bank debt | € 833,334 | € 0 | € 0 | € 8,280,144 | |
| Balance sheet total | € 89,662,418 | € 95,627,913 | € 94,466,418 | € 96,710,090 | ▲ 2% |
| Employees (FTE) | 218.5 | 231.4 | 218.7 | 227.1 | ▲ 8.4 |
Key figures of PETERSIME, 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 June 2027.
What happened to PETERSIME?
What happened at PETERSIME in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jeremy Paul ABSON stepped down as director. NBB
- J.J. DE BRUIJN stepped down as director. NBB
- New establishment in Kruisem. KBO
- New annual accounts for financial year 2025: profit of € 34.4 million (▲ 100% vs 2024). Source: NBB ↗
- New establishment in Zulte. KBO
- PDEGRAEVE BV became a director. NBB
- Paul DE GRAEVE stepped down as director. NBB
- New establishment in Zulte. KBO
In short
From € 6.5 million profit in 2022 to € 34.4 million profit in 2025.
Paid € 13.2 million in corporate taxes since 2022.
Best year ever: 2025, with € 34.4 million profit.
Paid out € 88.2 million in dividends to the owners in total.
Management
Behind PETERSIME is PDEGRAEVE BV. It owns Petersime Logistics Inc, Chick Master Holdings Ltd., Petersime Hatchery technologies (Tian jin) Co., Ltd, Petersime OOO, Petersime Approved BV and Petersime SouthEast Asia Sdn. Bhd. itself.
Directors
According to the 2025 annual accounts
Toezichthouder · represented by Paul Degraeve
since 2025
Jeremy Paul ABSON
Toezichthouder
since 2020 · until 2026
Paul DE GRAEVE
Toezichthouder
since 2020 · until 2025
J.J. DE BRUIJN
Toezichthouder
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Centrumstraat 125
9870 Zulte
Dries 8
9870 Zulte
Active since 23 October 2025
Groenedreef(KRU) 3
9770 Kruisem
Active since 1 May 2026
Dries 4
9870 Zulte
Active since 1 June 2019
Dries 5
9870 Zulte
Active since 1 May 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0404.527.612
- VAT number
- BE 0404.527.612
- Registered office
- Centrumstraat 125, 9870 Zulte
- Names & denominations
- PETERSIME
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 October 1929
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Vervaardiging van machines voor de landbouw en de bosbouw
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