What does J. Penen & C° do?

J. Penen & C° is a metalworking company in Malle. Public Limited, started on 1 January 1968, 1 establishment.

What is the address of J. Penen & C°?

The registered office of J. Penen & C° is located at Nijverheidsstraat 5, 2390 Malle.

Is J. Penen & C° still active?

Yes. According to the CBE (30 October 2026) J. Penen & C° is active, legal situation “Normale toestand”, started on 1 January 1968.

Is J. Penen & C° registered on Peppol?

Yes, J. Penen & C° is registered on the Peppol network with ID 0208:0404980740.

What is the enterprise number of J. Penen & C°?

The enterprise number of J. Penen & C° is BE0404980740.

When was J. Penen & C° founded?

J. Penen & C° was founded on 1 January 1968.

Who are the directors of J. Penen & C°?

According to the 2025 annual accounts, the directors of J. Penen & C° are: Pretec Group AS, Erik Karlsen, Johan Kaers.

Is J. Penen & C° a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 January 1968; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did J. Penen & C° make in 2025?

J. Penen & C° recorded a loss after taxes of € 218,151 in financial year 2025.

What is the revenue of J. Penen & C°?

In its most recent annual accounts (2025), J. Penen & C° reported revenue of € 9,882,375.

How much does an employee at J. Penen & C° earn?

The average wage cost per full-time employee at J. Penen & C° was € 54,600 in 2025: staff costs of € 1.5 million for 28.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does J. Penen & C° have?

According to the 2025 annual accounts, J. Penen & C° has 28.3 full-time equivalents (FTE).

J. Penen & C° (Public Limited) - Malle - BE0404980740

Dossier J. Penen & C°, printed on 30 October 2026 from databakkes.be/en/0404980740/j-penen-c. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 62 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

J. Penen & C° from Malle, company number BE0404980740, closed financial year 2025 with a result of € -218,151 after tax. For that financial year J. Penen & C° recorded revenue of € 9.9 million and equity of € 6.3 million. Compared with financial year 2024, the result moved from € -400,937 to € -218,151. The company made a loss. 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 June 29, 2026.

What it is worth Healthy

€ 6.3 million

▼ 3% vs 2024

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

Loss Caution

€ -218,151

▲ 46 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 43,099

▼ 94% 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 € 1.5 million.

People and assets in 2025

Full-time equivalents

28.3

▲ 0.9 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 842,195 in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 1.5 million

▲ 9% vs 2024

€ 54,600 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.

Vehicles and equipment

€ 118,357

▼ 32% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.1 million

▼ 48% vs 2024

€ 52,151 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 1.1 million

▼ 22% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 49 days on average.

Taxes and wages

€ 242,354

▲ 8% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 17,894,857 Revenue 2022: € 17,894,857 First fiscal year in the series	€ 13,339,118 Revenue 2023: € 13,339,118 ▼ 25% vs 2022 (€ 17,894,857) Unfavourable step	€ 12,673,448 Revenue 2024: € 12,673,448 ▼ 5% vs 2023 (€ 13,339,118) Unfavourable step	€ 9,882,375 Revenue 2025: € 9,882,375 ▼ 22% vs 2024 (€ 12,673,448) Unfavourable step	▼ 22%
Profit after taxes	€ 283,998 Profit after taxes 2022: € 283,998 First fiscal year in the series	€ -334,448 Profit after taxes 2023: € -334,448 ▼ € 618,447 vs 2022 (€ 283,998) Unfavourable step	€ -400,937 Profit after taxes 2024: € -400,937 ▼ € 66,489 vs 2023 (€ -334,448) Unfavourable step	€ -218,151 Profit after taxes 2025: € -218,151 ▲ € 182,787 vs 2024 (€ -400,937) Favourable step	▲ € 182,787
Equity	€ 4,649,955 Equity 2022: € 4,649,955 First fiscal year in the series	€ 6,890,506 Equity 2023: € 6,890,506 ▲ 48% vs 2022 (€ 4,649,955) Favourable step	€ 6,489,569 Equity 2024: € 6,489,569 ▼ 6% vs 2023 (€ 6,890,506) Unfavourable step	€ 6,271,418 Equity 2025: € 6,271,418 ▼ 3% vs 2024 (€ 6,489,569) Unfavourable step	▼ 3%
Total debts	€ 6,502,628 Total debts 2022: € 6,502,628 First fiscal year in the series	€ 4,654,934 Total debts 2023: € 4,654,934 ▼ 28% vs 2022 (€ 6,502,628) Favourable step	€ 5,071,733 Total debts 2024: € 5,071,733 ▲ 9% vs 2023 (€ 4,654,934) Unfavourable step	€ 4,282,289 Total debts 2025: € 4,282,289 ▼ 16% vs 2024 (€ 5,071,733) Favourable step	▼ 16%
Cash	€ 269,311 Cash 2022: € 269,311 First fiscal year in the series	€ 55,081 Cash 2023: € 55,081 ▼ 80% vs 2022 (€ 269,311) Unfavourable step	€ 752,428 Cash 2024: € 752,428 ▲ € 697,348 vs 2023 (€ 55,081) Favourable step	€ 43,099 Cash 2025: € 43,099 ▼ 94% vs 2024 (€ 752,428) Unfavourable step	▼ 94%
Land & buildings	€ 2,388,000 Land & buildings 2022: € 2,388,000 First fiscal year in the series	€ 2,226,242 Land & buildings 2023: € 2,226,242 ▼ 7% vs 2022 (€ 2,388,000) Unchanged	€ 2,058,965 Land & buildings 2024: € 2,058,965 ▼ 8% vs 2023 (€ 2,226,242) Unchanged	€ 1,933,832 Land & buildings 2025: € 1,933,832 ▼ 6% vs 2024 (€ 2,058,965) Unchanged	▼ 6%
Retained profit	€ 2,080,292 Retained profit 2022: € 2,080,292 First fiscal year in the series	€ 1,859,520 Retained profit 2023: € 1,859,520 ▼ 11% vs 2022 (€ 2,080,292) Unfavourable step	€ 1,572,258 Retained profit 2024: € 1,572,258 ▼ 15% vs 2023 (€ 1,859,520) Unfavourable step	€ 1,467,784 Retained profit 2025: € 1,467,784 ▼ 7% vs 2024 (€ 1,572,258) Unfavourable step	▼ 7%
Bank debt	€ 1,437,220 Bank debt 2022: € 1,437,220 First fiscal year in the series	€ 1,140,629 Bank debt 2023: € 1,140,629 ▼ 21% vs 2022 (€ 1,437,220) Favourable step	€ 2,162,680 Bank debt 2024: € 2,162,680 ▲ 90% vs 2023 (€ 1,140,629) Unfavourable step	€ 1,114,755 Bank debt 2025: € 1,114,755 ▼ 48% vs 2024 (€ 2,162,680) Favourable step	▼ 48%
Balance sheet total	€ 11,188,583 Balance sheet total 2022: € 11,188,583 First fiscal year in the series	€ 11,567,441 Balance sheet total 2023: € 11,567,441 ▲ 3% vs 2022 (€ 11,188,583) Unchanged	€ 11,573,502 Balance sheet total 2024: € 11,573,502 Unchanged (€ 11,567,441) Unchanged	€ 10,559,907 Balance sheet total 2025: € 10,559,907 ▼ 9% vs 2024 (€ 11,573,502) Unchanged	▼ 9%
Employees (FTE)	31.3 Employees (FTE) 2022: 31.3 First fiscal year in the series	27.8 Employees (FTE) 2023: 27.8 ▼ 3.5 vs 2022 (31.3) Unchanged	27.4 Employees (FTE) 2024: 27.4 ▼ 0.4 vs 2023 (27.8) Unchanged	28.3 Employees (FTE) 2025: 28.3 ▲ 0.9 vs 2024 (27.4) Unchanged	▲ 0.9

Key figures of J. Penen & C°, 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 J. Penen & C°?

What happened at J. Penen & C° in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2030 Johan Kaers stepped down as director. NBB
2027 Pretec Group AS stepped down as director. NBB
2027 Erik Karlsen stepped down as director. NBB
Jun 29, 2026 New annual accounts for financial year 2025: loss of € 218,151. Source: NBB ↗
2024 Johan Kaers became a director. NBB
2021 Pretec Group AS became a director. NBB
2021 Erik Karlsen became a director. NBB
Jan 1, 1968 Start of the company according to the CBE. KBO

In short

From € 283,998 profit in 2022 to € 218,151 loss in 2025.

Paid € 145,426 in corporate taxes since 2022.

Best year ever: 2022, with € 283,998 profit.

Pays suppliers within 49 days on average.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

Pretec Group AS

Director · represented by Even A. Karlsen

Also active at: PENEN DRILLING SYSTEM

since 2021 · until 2027

Erik Karlsen

Director

Also active at: PENEN DRILLING SYSTEM

since 2021 · until 2027

Johan Kaers

Managing director

since 2024 · until 2030

Establishments

Establishment units

Physical locations of this company

Registered office

Nijverheidsstraat 5

2390 Malle

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 →

PENEN DRILLING SYSTEM same network

€ 2.9 million revenue · 2025

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

Details

Company number: 0404.980.740
VAT number: BE 0404.980.740
Registered office: Nijverheidsstraat 5, 2390 Malle
Names & denominations: J. Penen & C°
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 1 January 1968
Peppol: Active · Active since 1 Jan 2001
Activities · NACE: Vervaardiging van bouten, schroeven en moeren

View on CBE Public ↗ Annual accounts (NBB) ↗

J. Penen & C°