Financials
Financial year 2025
PICARD from Hulshout, company number BE0415678751, closed financial year 2025 with a result of € 97,892 after tax. For that financial year PICARD recorded a gross margin of € 146,493 and equity of € 55,985. Compared with financial year 2024, the result moved from € -89,051 to € 97,892. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 4, 2025.
€ 55,985
▲ € 97,892 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 97,892
▲ still € 89,051 loss in 2024
Profit after tax over the fiscal year.
€ 41,428
▲ 115% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -70,015.
People and assets in 2025
0
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 32,884
▼ 72% vs 2024
€ 24,144 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 92,999
▲ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,666
▼ 80% 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 | € 104,024 | € 104,726 | € 57,360 | € 146,493 | ▲ 155% |
| Profit after taxes | € 12,610 | € -1,093 | € -89,051 | € 97,892 | ▲ € 186,943 |
| Equity | € 48,238 | € 47,144 | € -41,907 | € 55,985 | ▲ € 97,892 |
| Total debts | € 316,481 | € 262,114 | € 205,900 | € 143,491 | ▼ 30% |
| Cash | € 27,255 | € 9,302 | € 19,285 | € 41,428 | ▲ 115% |
| Retained profit | € -77,762 | € -78,856 | € -167,907 | € -70,015 | ▲ € 97,892 |
| Bank debt | € 219,343 | € 175,894 | € 118,230 | € 32,884 | ▼ 72% |
| Balance sheet total | € 364,719 | € 309,258 | € 163,993 | € 199,476 | ▲ 22% |
| Employees (FTE) | - | - | 1 | 0 | ▼ 1 |
Key figures of PICARD, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to PICARD?
What happened at PICARD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 97,892. Source: NBB ↗
- New establishment in Hulshout. KBO
- Pooghe Consulting became a director. NBB
- Vandenhende Invest became a director. NBB
- Phillynvest became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 12,610 profit in 2022 to € 97,892 profit in 2025.
Paid € 687 in corporate taxes since 2022.
Best year ever: 2025, with € 97,892 profit.
On average € 57,400 of value added per employee in 2024.
Management
The stake of Partners With Passion, iDocta comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PICARDBehind PICARD are Pooghe Consulting, Vandenhende Invest and Phillynvest. The shares are held by Partners With Passion (100%) and iDocta (100%).
Directors
According to the 2025 annual accounts
Director · represented by Peter OOGHE
Also active at: MICHIELS, OMNI-SERV, Partners With Passion
since 2023
Director · represented by Wout VANDENHENDE
Also active at: MICHIELS, OMNI-SERV, Partners With Passion
since 2023
Director · represented by Philippe DECHAMPS
Also active at: MICHIELS, OMNI-SERV, Partners With Passion
since 2023
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
A. Van Looplein 49
2235 Hulshout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0415.678.751
- VAT number
- BE 0415.678.751
- Registered office
- A. Van Looplein 49, 2235 Hulshout
- Names & denominations
- PICARD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 January 1976
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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