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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Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
38 other companies have their registered office at the same address; threshold 10.
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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
POG VvP2 from Elsene, company number BE0417095050, closed financial year 2025 with a result of € -634,193 after tax. For that financial year POG VvP2 recorded a gross margin of € 161,365 and equity of € -8.3 million. Compared with financial year 2024, the result moved from € -2.6 million to € -634,193. 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.
€ -8.3 million
▼ € 634,193 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -634,193
▲ 76 % less loss than in 2024
Profit after tax over the fiscal year.
€ 85,505
▲ 217% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -10 million.
Debts at end 2025
€ 2.9 million
▼ 3% vs 2024
€ 87,360 is repaid this year. At this pace the long-term loan is gone in ≈ 33 years.
€ 18,243
▲ 53% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 58,714 | € 69,223 | € 142,793 | € 161,365 | ▲ 13% |
| Profit after taxes | € -467,494 | € -615,910 | € -2,640,724 | € -634,193 | ▲ € 2 million |
| Equity | € -4,422,982 | € -5,038,892 | € -7,679,616 | € -8,313,808 | ▼ € 634,193 |
| Total debts | € 20,039,675 | € 21,676,994 | € 20,096,656 | € 20,665,850 | ▲ 3% |
| Cash | € 84,208 | € 56,838 | € 26,950 | € 85,505 | ▲ 217% |
| Land & buildings | € 5,268,211 | € 5,045,290 | € 4,801,606 | € 4,557,914 | ▼ 5% |
| Retained profit | € -6,075,589 | € -6,691,499 | € -9,332,223 | € -9,966,415 | ▼ € 634,193 |
| Bank debt | € 3,944,500 | € 3,125,000 | € 2,983,000 | € 2,890,160 | ▼ 3% |
| Balance sheet total | € 15,968,823 | € 16,967,551 | € 12,723,807 | € 12,636,127 | ▼ 1% |
Key figures of POG VvP2, 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 POG VvP2?
What happened at POG VvP2 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Prime Retail Consultants N.V. stepped down as director. NBB
- Prowinko België Holding bv stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 634,193. filed late Source: NBB ↗
- Prime Retail Consultants N.V. became a director. NBB
- Prowinko België Holding bv became a director. NBB
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 467,494 loss in 2022 to € 634,193 loss in 2025.
Management
The stake of PROWINKO BELGIE HOLDING, PRIME RETAIL CONSULTANTS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
POG VvP2The shares are held by PROWINKO BELGIE HOLDING (70%) and PRIME RETAIL CONSULTANTS (30%). It owns 100% of Quinta Van Vyve itself.
Directors
According to the 2025 annual accounts
Director · represented by Philip Steven van Perlstein
Also active at: Boneff, MASERGY, QUINTO SERVICES, ESTIA, QUINTA VAN VYVE, AGRICOLES IMPORT & EXPORT AG, EDELVALK, RUGBIMMO +20 more
since 2023 · until 2029
Managing director · represented by Max Armand Bernard Vorst
Also active at: Boneff, MASERGY, QUINTO SERVICES, ESTIA, QUINTA VAN VYVE, AGRICOLES IMPORT & EXPORT AG, RUGBIMMO, R.P.M. INVEST +20 more
since 2023 · until 2029
Shareholders
Participations
100%
Establishments
Establishment units
Physical locations of this company
Louizalaan 32 box 15
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 38 companies are registered at this address.
All companies at this address →FEDERALE PARTICIPATIE- EN INVESTERINGSMAATSCHAPPIJ
Louiseville
Belgische Uitvoervereniging
Les Maitres Imprimeurs de Belgique
SFPIM International
+33 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0417.095.050
- VAT number
- BE 0417.095.050
- Registered office
- Louizalaan 32 bus 15, 1050 Elsene
- Names & denominations
- POG VvP2
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 April 1977
- Peppol
- Not registered