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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
PIETER GILLES from Avelgem, company number BE0415002523, closed financial year 2025 with a result of € -209,122 after tax. For that financial year PIETER GILLES recorded a gross margin of € 117,737 and equity of € -611,902. Compared with financial year 2024, the result moved from € -156,822 to € -209,122. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ -611,902
▼ € 209,122 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -209,122
▼ 33 % more loss than in 2024
Profit after tax over the fiscal year.
€ 6,189
▼ 98% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -673,902.
Debts at end 2025
€ 5.1 million
Loans from banks and other lenders, long and short.
€ 227
▼ 96% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 340,501 | € 44,084 | € 6,676 | € 117,737 | ▲ € 111,061 |
| Profit after taxes | € 376,852 | € -58,309 | € -156,822 | € -209,122 | ▼ € 52,300 |
| Equity | € -187,649 | € -245,958 | € -402,780 | € -611,902 | ▼ € 209,122 |
| Total debts | € 6,420,769 | € 6,380,186 | € 6,476,873 | € 6,000,235 | ▼ 7% |
| Cash | € 311,619 | € 310,370 | € 346,662 | € 6,189 | ▼ 98% |
| Land & buildings | € 1,878,054 | € 1,750,363 | € 1,485,788 | € 1,484,493 | |
| Retained profit | € -249,649 | € -307,958 | € -464,780 | € -673,902 | ▼ € 209,122 |
| Bank debt | € 5,000,000 | € 5,110,000 | € 5,045,000 | € 5,050,000 | |
| Balance sheet total | € 6,233,120 | € 6,134,228 | € 6,074,093 | € 5,388,333 | ▼ 11% |
Key figures of PIETER GILLES, 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 PIETER GILLES?
What happened at PIETER GILLES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 209,122. filed late Source: NBB ↗
- New establishment in Avelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 376,852 profit in 2022 to € 209,122 loss in 2025.
Best year ever: 2022, with € 376,852 profit.
Management
Behind PIETER GILLES is Ignaas Buyck. It owns 50% of CERTI INVEST and 25% of EVALEUR itself.
Directors
According to the 2025 annual accounts
Ignaas Buyck
Director
Also active at: Katholiek Basisonderwijs Avelgem, DCP, BDMO, VIVOX, DEPOVOX, NANUK, Woonzorgcentrum Sint - Bernardus, CURANDO O.L.V. van 7 Weeën Ruiselede +9 more
Establishments
Establishment units
Physical locations of this company
Burchthof 10
8580 Avelgem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0415.002.523
- VAT number
- BE 0415.002.523
- Registered office
- Burchthof 10, 8580 Avelgem
- Names & denominations
- PIETER GILLES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 February 1975
- Peppol
- Not registered
- Activities · NACE
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