Financials
Financial year 2025
Power Industrial Manufacturing Association from Sint-Gillis-Waas, company number BE0406229268, closed financial year 2025 with a result of € 388,984 after tax. For that financial year Power Industrial Manufacturing Association recorded a gross margin of € 2.1 million and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 399,037 to € 388,984. The company is profitable. 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 June 4, 2026.
€ 2.1 million
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 388,984
▼ 3% vs 2024
Profit after tax over the fiscal year.
€ 177,308
▲ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 150,000 paid out
39 % of the profit went to the shareholders, mostly to REAL CORPORATION (100 % of the shares). That is where the money ends up.
People and assets in 2025
22.4
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.6 million
▼ 3% vs 2024
€ 71,300 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.
€ 6,422
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 776,432
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 152,927
▲ 39% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,516,548 | € 1,788,340 | € 2,121,446 | € 2,081,920 | ▼ 2% |
| Profit after taxes | € 310,411 | € 400,642 | € 399,037 | € 388,984 | ▼ 3% |
| Equity | € 1,510,627 | € 1,661,269 | € 1,910,306 | € 2,149,289 | ▲ 13% |
| Total debts | € 1,860,169 | € 1,511,429 | € 1,237,211 | € 1,303,324 | ▲ 5% |
| Cash | € 1,085,581 | € 502,396 | € 145,546 | € 177,308 | ▲ 22% |
| Retained profit | € 1,398,627 | € 1,549,269 | € 1,798,306 | € 2,037,289 | ▲ 13% |
| Dividend | € 200,000 | € 250,000 | € 150,000 | € 150,000 | |
| Balance sheet total | € 3,388,325 | € 3,190,226 | € 3,165,045 | € 3,470,141 | ▲ 10% |
| Employees (FTE) | 18.3 | 19.1 | 22.8 | 22.4 | ▼ 0.4 |
Key figures of Power Industrial Manufacturing Association, 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 Power Industrial Manufacturing Association?
What happened at Power Industrial Manufacturing Association in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 388,984 (▼ 3% vs 2024). Source: NBB ↗
- New establishment in Sint-Gillis-Waas. KBO
- Start of the company according to the CBE. KBO
In short
From € 310,411 profit in 2022 to € 388,984 profit in 2025.
Paid € 283,672 in corporate taxes since 2022.
Best year ever: 2023, with € 400,642 profit.
On average € 92,900 of value added per employee in 2025.
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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 REAL CORPORATION comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Power Industrial Manufacturing AssociationBehind Power Industrial Manufacturing Association is Unitea NV. The shares are held by REAL CORPORATION (100%).
Directors
According to the 2025 annual accounts
Director · represented by Depuydt Kenneth
Also active at: Limba, REAL CORPORATION, Moortgat Mometal, Industriële Dak- en Wandbekleding, REAL VERHUUR, MODULCO
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kluizenhof(SGW) 25
9170 Sint-Gillis-Waas
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0406.229.268
- VAT number
- BE 0406.229.268
- Registered office
- Kluizenhof(SGW) 25, 9170 Sint-Gillis-Waas
- Names & denominations
- Power Industrial Manufacturing Association · P.I.M.A.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 19 Sept 2025
- Activities · NACE
Aanleg van pijpleidingen, telecommunicatieleidingen en hoogspanningsleidingen
Bouw van civieltechnische werken voor elektriciteit en telecommunicatie
Algemene bouw van residentiële gebouwen
Bouwen van individuele huizen
Overige werkzaamheden in verband met de afwerking van gebouwen
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Overige gespecialiseerde bouwwerkzaamheden