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 56 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ETABLISSEMENTS J.M. PAQUES from Herstal, company number BE0419015551, closed financial year 2025 with a result of € 44,533 after tax. For that financial year ETABLISSEMENTS J.M. PAQUES recorded a gross margin of € 251,865 and equity of € 168,094. Compared with financial year 2024, the result moved from € 23,684 to € 44,533. 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 22, 2025.
€ 168,094
▲ 36% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 44,533
▲ 88% vs 2024
Profit after tax over the fiscal year.
€ 84,426
▲ € 72,058 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 € 32,111.
People and assets in 2025
3
Average over the fiscal year, from the social balance sheet.
€ 161,949
▲ 8% vs 2024
€ 54,000 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.
€ 5,632
▼ 42% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 40,345
▼ 14% vs 2024
Loans from banks and other lenders, long and short.
€ 252,986
▲ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 42,696
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 179,219 | € 159,389 | € 206,647 | € 251,865 | ▲ 22% |
| Profit after taxes | € -63,057 | € -10,566 | € 23,684 | € 44,533 | ▲ 88% |
| Equity | € 110,443 | € 99,877 | € 123,561 | € 168,094 | ▲ 36% |
| Total debts | € 376,062 | € 376,227 | € 278,822 | € 340,710 | ▲ 22% |
| Cash | € 71,760 | € 13,404 | € 12,368 | € 84,426 | ▲ € 72,058 |
| Land & buildings | € 123,476 | € 117,424 | € 111,373 | € 105,321 | ▼ 5% |
| Retained profit | € -25,540 | € -36,106 | € -12,422 | € 32,111 | ▲ € 44,533 |
| Bank debt | € 61,212 | € 72,034 | € 46,834 | € 40,345 | ▼ 14% |
| Balance sheet total | € 486,505 | € 476,104 | € 402,383 | € 508,804 | ▲ 26% |
| Employees (FTE) | 3 | 3 | 3 | 3 |
Key figures of ETABLISSEMENTS J.M. PAQUES, 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 ETABLISSEMENTS J.M. PAQUES?
What happened at ETABLISSEMENTS J.M. PAQUES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- RIBEAUCOURT ELECTRICITE SRL stepped down as director. NBB
- Maud RIBEAUCOURT stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 44,533 (▲ 88% vs 2024). Source: NBB ↗
- RIBEAUCOURT ELECTRICITE SRL became a director. NBB
- Maud RIBEAUCOURT became a director. NBB
- New establishment in Herstal. KBO
- Start of the company according to the CBE. KBO
In short
From € 63,057 loss in 2022 to € 44,533 profit in 2025.
Paid € 33,383 in corporate taxes since 2022.
Best year ever: 2025, with € 44,533 profit.
On average € 84,000 of value added per employee in 2025.
A new publication or filing at ETABLISSEMENTS J.M. PAQUES? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Ribeaucourt Electricité comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ETABLISSEMENTS J.M. PAQUESThe shares are held by Ribeaucourt Electricité (99.8%).
Directors
According to the 2025 annual accounts
Director · represented by Fabian RIBEAUCOURT
since 2023 · until 2029
Maud RIBEAUCOURT
Director
since 2023 · until 2029
Shareholders
99.8%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Basse Campagne 134
4040 Herstal
En Hayeneux 41
4040 Herstal
Active since 1 October 1978
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0419.015.551
- VAT number
- BE 0419.015.551
- Registered office
- Rue Basse Campagne 134, 4040 Herstal
- Names & denominations
- ETABLISSEMENTS J.M. PAQUES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 October 1978
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Detailhandel in elektrische huishoudapparaten en in audio- en videoapparatuur
Detailhandel in elektrische huishoudapparaten
Groothandel in elektrisch materiaal, inclusief installatiemateriaal
Groothandel in elektrisch materiaal inclusief installatiemateriaal
Algemene elektrotechnische installatiewerken
Detailhandel in huismeubilair
Detailhandel in meubels
Elektrische installatie
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