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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Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
PARTOOL from Oostende, company number BE0416626084, closed financial year 2025 with a result of € 90,661 after tax. For that financial year PARTOOL recorded a gross margin of € 1.4 million and equity of € 3.9 million. Compared with financial year 2024, the result moved from € 81,155 to € 90,661. Profitable, and profit is growing. 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 May 26, 2026.
€ 3.9 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 90,661
▲ 12% vs 2024
Profit after tax over the fiscal year.
€ 77,704
▼ 11% 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 € 3.6 million.
People and assets in 2025
21.6
▼ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▼ 5% vs 2024
€ 50,500 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.
€ 22,989
▼ 11% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.2 million
▲ 27% vs 2024
Loans from banks and other lenders, long and short.
€ 707,757
▼ 42% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 194,310
▼ 22% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 10,566,075 | € 11,101,537 | € 11,562,069 | - | |
| Gross margin | - | - | - | € 1,354,179 | |
| Profit after taxes | € 13,572 | € 83,381 | € 81,155 | € 90,661 | ▲ 12% |
| Equity | € 3,652,340 | € 3,735,721 | € 3,816,877 | € 3,907,537 | ▲ 2% |
| Total debts | € 3,658,133 | € 4,117,797 | € 3,896,782 | € 3,511,917 | ▼ 10% |
| Cash | € 63,484 | € 138,759 | € 87,552 | € 77,704 | ▼ 11% |
| Retained profit | € 3,374,601 | € 3,457,982 | € 3,539,137 | € 3,629,798 | ▲ 3% |
| Bank debt | € 1,174,964 | € 1,250,563 | € 904,725 | € 1,151,930 | ▲ 27% |
| Balance sheet total | € 7,310,473 | € 7,853,519 | € 7,713,659 | € 7,419,455 | ▼ 4% |
| Employees (FTE) | 25.4 | 21.2 | 22.8 | 21.6 | ▼ 1.2 |
Key figures of PARTOOL, 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 PARTOOL?
What happened at PARTOOL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Berfin BV stepped down as director. NBB
- Filip Verhelst stepped down as director. NBB
- Paul Verhelst stepped down as director. NBB
- Yvan Verhelst stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 90,661 (▲ 12% vs 2024). Source: NBB ↗
- New establishment in Evergem. KBO
- New establishment in Sint-Pieters-Leeuw. KBO
- Berfin BV became a director. NBB
In short
From € 13,572 profit in 2022 to € 90,661 profit in 2025.
Paid € 199,933 in corporate taxes since 2022.
Best year ever: 2025, with € 90,661 profit.
On average € 62,700 of value added per employee in 2025.
Management
The stake of BERFIN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PARTOOLThe shares are held by BERFIN (99.8%).
Directors
According to the 2025 annual accounts
Managing director · represented by Bernard Verhelst
since 2020 · until 2026
since 2020 · until 2026
since 2020 · until 2026
since 2020 · until 2026
Shareholders
99.8%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Torhoutsesteenweg 607
8400 Oostende
Brugse Steenweg 7 box 1
9940 Evergem
Active since 1 January 2021
Petrus Basteleusstraat 2 box 10
1600 Sint-Pieters-Leeuw
Active since 1 January 2021
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
- 0416.626.084
- VAT number
- BE 0416.626.084
- Registered office
- Torhoutsesteenweg 607, 8400 Oostende
- Names & denominations
- PARTOOL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 December 1976
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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