Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 26 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PYVAR from Vleteren, company number BE0413757458, closed financial year 2025 with a result of € -21,821 after tax. For that financial year PYVAR recorded a gross margin of € 53,729 and equity of € 161,184. Compared with financial year 2024, the result moved from € 168,197 to € -21,821. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 161,184
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -21,821
▼ still € 168,197 profit in 2024
Profit after tax over the fiscal year.
€ 12,558
▼ 92% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 158,184.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 36,967
▲ 178% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 307,500
▼ 9% vs 2024
€ 30,000 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 1.5 million
▼ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 68,765 | € 43,047 | € 369,424 | € 53,729 | ▼ 85% |
| Profit after taxes | € 17,646 | € -87,656 | € 168,197 | € -21,821 | ▼ € 190,018 |
| Equity | € 141,295 | € 53,639 | € 183,005 | € 161,184 | ▼ 12% |
| Total debts | € 1,863,358 | € 2,173,765 | € 2,587,162 | € 1,796,674 | ▼ 31% |
| Cash | € 17,427 | € 84,269 | € 166,880 | € 12,558 | ▼ 92% |
| Land & buildings | € 773,813 | € 735,176 | € 1,331,608 | € 1,271,792 | ▼ 4% |
| Retained profit | € 121,295 | € 33,639 | € 180,005 | € 158,184 | ▼ 12% |
| Dividend | € 0 | € 0 | € 21,831 | € 0 | ▼ 100% |
| Bank debt | € 361,415 | € 367,500 | € 337,500 | € 307,500 | ▼ 9% |
| Balance sheet total | € 2,004,653 | € 2,227,405 | € 2,821,484 | € 2,006,531 | ▼ 29% |
Key figures of PYVAR, 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 PYVAR?
What happened at PYVAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 21,821 (▼ € 190,018 vs 2024). filed late Source: NBB ↗
- Mieke De Croo became a director. NBB
- Marc Pyck became a director. NBB
- New establishment in Vleteren. KBO
- New establishment in Poperinge. KBO
- Start of the company according to the CBE. KBO
In short
From € 17,646 profit in 2022 to € 21,821 loss in 2025.
Paid € 8,700 in corporate taxes since 2022.
Best year ever: 2024, with € 168,197 profit.
Paid out € 21,831 in dividends to the owners in total.
Management
Behind PYVAR are Mieke De Croo and Marc Pyck. Marc Pyck is also behind Pyck.
Directors
According to the 2025 annual accounts
Mieke De Croo
Director
since 2023
since 2023
Establishments
Establishment units
Physical locations of this company
Kallestraat(West) 32
8640 Vleteren
Reningestraat 19
8972 Poperinge
Active since 1 January 1974
Kraaistraat(West) 5
8640 Vleteren
Active since 30 May 2006
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
- 0413.757.458
- VAT number
- BE 0413.757.458
- Registered office
- Kallestraat(West) 32, 8640 Vleteren
- Names & denominations
- PYVAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 December 1973
- Peppol
- Active · Active since 15 Sept 2025
- Activities · NACE
Fokvarkenshouderijen
Fokvarkenshouderij