PENNE is a metalworking company in Aalst. Public Limited, started on 19 September 1972, 1 establishment.

What is the address of PENNE?

The registered office of PENNE is located at Wijngaardveld 32, 9300 Aalst.

Is PENNE still active?

Yes. According to the CBE (29 October 2026) PENNE is active, legal situation “Normale toestand”, started on 19 September 1972.

Is PENNE registered on Peppol?

Yes, PENNE is registered on the Peppol network with ID 0208:0412652648.

What is the enterprise number of PENNE?

The enterprise number of PENNE is BE0412652648.

When was PENNE founded?

PENNE was founded on 19 September 1972.

Who are the directors of PENNE?

According to the 2025 annual accounts, the directors of PENNE are: Penne Enterprises.

Is PENNE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 19 September 1972; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did PENNE make in 2025?

PENNE posted a profit after taxes of € 1,222,335 in financial year 2025.

What is the revenue of PENNE?

In its most recent annual accounts (2025), PENNE reported revenue of € 41,461,021.

How much does an employee at PENNE earn?

The average wage cost per full-time employee at PENNE was € 72,000 in 2025: staff costs of € 7.2 million for 99.8 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does PENNE have?

According to the 2025 annual accounts, PENNE has 99.8 full-time equivalents (FTE).

Does PENNE have a website?

Yes, PENNE has a website at penne.be.

PENNE (Public Limited) - Aalst - BE0412652648

Dossier PENNE, printed on 29 October 2026 from databakkes.be/en/0412652648/penne. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

PENNE from Aalst, company number BE0412652648, closed financial year 2025 with a result of € 1.2 million after tax. For that financial year PENNE recorded revenue of € 41.5 million and equity of € 8 million. Compared with financial year 2024, the result moved from € 2.4 million to € 1.2 million. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 12, 2026.

What it is worth Healthy

€ 8 million

▼ 13% vs 2024

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

Profit Healthy

€ 1.2 million

▼ 49% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 3.5 million

▲ 89% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 2.4 million paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

99.8

▼ 4 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: € 6.1 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 7.2 million

▲ 8% vs 2024

€ 72,000 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

€ 4.7 million

▲ 5% vs 2024

Of which on lease € 4.6 million.

Debts at end 2025

Bank debt ≈ 6 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.

€ 19.6 million

▲ 13% vs 2024

€ 3.3 million is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 4.4 million

▼ 5% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 60 days on average.

Taxes and wages

€ 1.2 million

▲ 7% 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	€ 35,036,418 Revenue 2022: € 35,036,418 First fiscal year in the series	€ 41,412,026 Revenue 2023: € 41,412,026 ▲ 18% vs 2022 (€ 35,036,418) Favourable step	€ 37,884,961 Revenue 2024: € 37,884,961 ▼ 9% vs 2023 (€ 41,412,026) Unfavourable step	€ 41,461,021 Revenue 2025: € 41,461,021 ▲ 9% vs 2024 (€ 37,884,961) Favourable step	▲ 9%
Profit after taxes	€ 2,568,389 Profit after taxes 2022: € 2,568,389 First fiscal year in the series	€ 1,212,801 Profit after taxes 2023: € 1,212,801 ▼ 53% vs 2022 (€ 2,568,389) Unfavourable step	€ 2,419,268 Profit after taxes 2024: € 2,419,268 ▲ 99% vs 2023 (€ 1,212,801) Favourable step	€ 1,222,335 Profit after taxes 2025: € 1,222,335 ▼ 49% vs 2024 (€ 2,419,268) Unfavourable step	▼ 49%
Equity	€ 10,425,143 Equity 2022: € 10,425,143 First fiscal year in the series	€ 9,137,945 Equity 2023: € 9,137,945 ▼ 12% vs 2022 (€ 10,425,143) Unfavourable step	€ 9,155,229 Equity 2024: € 9,155,229 Unchanged (€ 9,137,945) Favourable step	€ 7,977,564 Equity 2025: € 7,977,564 ▼ 13% vs 2024 (€ 9,155,229) Unfavourable step	▼ 13%
Total debts	€ 20,958,615 Total debts 2022: € 20,958,615 First fiscal year in the series	€ 24,787,552 Total debts 2023: € 24,787,552 ▲ 18% vs 2022 (€ 20,958,615) Unfavourable step	€ 25,619,215 Total debts 2024: € 25,619,215 ▲ 3% vs 2023 (€ 24,787,552) Unfavourable step	€ 29,705,480 Total debts 2025: € 29,705,480 ▲ 16% vs 2024 (€ 25,619,215) Unfavourable step	▲ 16%
Cash	€ 2,870,006 Cash 2022: € 2,870,006 First fiscal year in the series	€ 3,301,671 Cash 2023: € 3,301,671 ▲ 15% vs 2022 (€ 2,870,006) Favourable step	€ 1,837,633 Cash 2024: € 1,837,633 ▼ 44% vs 2023 (€ 3,301,671) Unfavourable step	€ 3,472,341 Cash 2025: € 3,472,341 ▲ 89% vs 2024 (€ 1,837,633) Favourable step	▲ 89%
Land & buildings	€ 8,269,214 Land & buildings 2022: € 8,269,214 First fiscal year in the series	€ 7,995,059 Land & buildings 2023: € 7,995,059 ▼ 3% vs 2022 (€ 8,269,214) Unchanged	€ 7,567,565 Land & buildings 2024: € 7,567,565 ▼ 5% vs 2023 (€ 7,995,059) Unchanged	€ 11,719,622 Land & buildings 2025: € 11,719,622 ▲ 55% vs 2024 (€ 7,567,565) Unchanged	▲ 55%
Retained profit	€ 10,155,143 Retained profit 2022: € 10,155,143 First fiscal year in the series	€ 8,867,945 Retained profit 2023: € 8,867,945 ▼ 13% vs 2022 (€ 10,155,143) Unfavourable step	€ 8,885,229 Retained profit 2024: € 8,885,229 Unchanged (€ 8,867,945) Favourable step	€ 7,707,564 Retained profit 2025: € 7,707,564 ▼ 13% vs 2024 (€ 8,885,229) Unfavourable step	▼ 13%
Dividend	€ 2,476,800 Dividend 2022: € 2,476,800 First fiscal year in the series	€ 2,500,000 Dividend 2023: € 2,500,000 ▲ 1% vs 2022 (€ 2,476,800) Unchanged	€ 2,400,000 Dividend 2024: € 2,400,000 ▼ 4% vs 2023 (€ 2,500,000) Unchanged	€ 2,400,000 Dividend 2025: € 2,400,000 Unchanged (€ 2,400,000) Unchanged
Bank debt	€ 10,865,029 Bank debt 2022: € 10,865,029 First fiscal year in the series	€ 10,438,763 Bank debt 2023: € 10,438,763 ▼ 4% vs 2022 (€ 10,865,029) Favourable step	€ 17,307,420 Bank debt 2024: € 17,307,420 ▲ 66% vs 2023 (€ 10,438,763) Unfavourable step	€ 19,621,474 Bank debt 2025: € 19,621,474 ▲ 13% vs 2024 (€ 17,307,420) Unfavourable step	▲ 13%
Balance sheet total	€ 31,383,759 Balance sheet total 2022: € 31,383,759 First fiscal year in the series	€ 33,925,497 Balance sheet total 2023: € 33,925,497 ▲ 8% vs 2022 (€ 31,383,759) Unchanged	€ 34,774,444 Balance sheet total 2024: € 34,774,444 ▲ 3% vs 2023 (€ 33,925,497) Unchanged	€ 37,683,045 Balance sheet total 2025: € 37,683,045 ▲ 8% vs 2024 (€ 34,774,444) Unchanged	▲ 8%
Employees (FTE)	99.4 Employees (FTE) 2022: 99.4 First fiscal year in the series	99.6 Employees (FTE) 2023: 99.6 ▲ 0.2 vs 2022 (99.4) Unchanged	103.8 Employees (FTE) 2024: 103.8 ▲ 4.2 vs 2023 (99.6) Unchanged	99.8 Employees (FTE) 2025: 99.8 ▼ 4 vs 2024 (103.8) Unchanged	▼ 4

Key figures of PENNE, 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 PENNE?

What happened at PENNE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 Penne Enterprises stepped down as director. NBB
Jun 12, 2026 New annual accounts for financial year 2025: profit of € 1.2 million (▼ 49% vs 2024). Source: NBB ↗
2023 Penne Enterprises became a director. NBB
Sep 19, 1972 Start of the company according to the CBE. KBO
Jan 1, 1972 New establishment in Aalst. KBO

In short

From € 2.6 million profit in 2022 to € 1.2 million profit in 2025.

Paid € 2.9 million in corporate taxes since 2022.

Best year ever: 2022, with € 2.6 million profit.

Paid out € 9.8 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Penne International 100%

PENNE

The shares are held by Penne International (100%).

Directors

According to the 2025 annual accounts

Penne Enterprises

Director · represented by Penne Frans

Owns 100% via Penne International

Also active at: Penne International

since 2023 · until 2029

Shareholders

Penne International · holding of Penne Enterprises

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Wijngaardveld 32

9300 Aalst

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

Penne Enterprises same network

€ 1.2 million revenue · 2025

Penne International same network

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

Website

HTTPS penne.be

Canonical: https://www.penne.be/

Technologies

Adobe FontsAvadaFont AwesomeGoogle Tag ManagerGravity FormsNginxPHPWordPressYoast SEOjQuery

Hosting & Email

Email provider

Proximus Mail

Hosting

COMBELL-AS, BE

DNS

Cloudflare DNS

Website info

HTTPS Ja

Languages EN

Features

Webshop Ads

Security

✓ HTTPS

✓ SPF

✗ DMARC

Network

✓ IPv6

Details

Company number

0412.652.648

VAT number

BE 0412.652.648

Registered office

Wijngaardveld 32, 9300 Aalst

Names & denominations

PENNE

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

19 September 1972

Peppol

Active · Active since 1 Dec 2025

Contact

penne.be

Activities · NACE

Bewerken van metaal en poedermetallurgie

Persen, stampen en profielwalsen van metaal

Vervaardiging van overige producten van metaal, neg

Vervaardiging van overige artikelen van metaal, n.e.g.

Persen, stampen en profielwalsen van metaal; poedermetallurgie

View on CBE Public ↗ Annual accounts (NBB) ↗

PENNE

Financials

What happened to PENNE?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Website

Technologies

Hosting & Email

Website info

Features

Security

Network

Details

Frequently asked questions