Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
PEN Vlaanderen from Antwerpen, company number BE0420928431, closed financial year 2025 with a result of € -9,864 after tax. For that financial year PEN Vlaanderen recorded revenue of € 3,913 and equity of € 313,346. Compared with financial year 2024, the result moved from € -12,227 to € -9,864. The company made a loss. 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 June 3, 2026.
€ 313,346
▲ € 269,266 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,864
▲ 19 % less loss than in 2024
Profit after tax over the fiscal year.
€ 320,122
▲ € 265,899 vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
€ 38,083
▲ 5% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4,244
▼ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,965
▲ 5% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 234 | € 4,618 | € 2,618 | € 3,913 | ▲ 49% |
| Gross margin | € -12,622 | € 33,212 | € 24,066 | € 28,307 | ▲ 18% |
| Profit after taxes | € -7,037 | € -3,504 | € -12,227 | € -9,864 | ▲ € 2,363 |
| Equity | € 59,811 | € 56,307 | € 44,080 | € 313,346 | ▲ € 269,266 |
| Total debts | € 2,237 | € 9,587 | € 15,133 | € 12,409 | ▼ 18% |
| Cash | € 63,040 | € 61,332 | € 54,223 | € 320,122 | ▲ € 265,899 |
| Retained profit | € 59,811 | € 56,307 | € 44,080 | € 274,216 | ▲ € 230,136 |
| Balance sheet total | € 64,549 | € 68,395 | € 61,713 | € 328,255 | ▲ € 266,542 |
Key figures of PEN Vlaanderen, 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 PEN Vlaanderen?
What happened at PEN Vlaanderen in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 9,864. Source: NBB ↗
- Geert Clerbout became a director. NBB
- Uschi Cop became a director. NBB
- Pieter Bergé became a director. NBB
- Sigrid Wallaert stepped down as director. NBB
- Peter Verhelst stepped down as director. NBB
- Tom Toremans stepped down as director. NBB
- New establishment in Antwerpen. KBO
In short
From € 7,038 loss in 2022 to € 9,864 loss in 2025.
A new publication or filing at PEN Vlaanderen? 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
Behind PEN Vlaanderen are Thomas Abelshausen, Erwin Mortier, Geert Clerbout, Oznur Karaca, Guido Snel and Alicja Gescinska.
Directors
According to the 2025 annual accounts
Thomas Abelshausen
Director
Erwin Mortier
Director
Geert Clerbout
Director
since 2026
Oznur Karaca
Director
Guido Snel
Director
Alicja Gescinska
Voorzitter van het bestuursorgaan
Patrick De Rynck
Director
Tom Cools
Director
Uschi Cop
Director
since 2026
Pieter Bergé
Director
since 2026
Max Greyson
Director
Sigrid Wallaert
Director
· until 2026
Peter Verhelst
Director
· until 2026
Tom Toremans
Director
· until 2026
Establishments
Establishment units
Physical locations of this company
Italiëlei 98a
2000 Antwerpen
Italiëlei 98A
2000 Antwerpen
Active since 19 April 2023
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
- 0420.928.431
- VAT number
- BE 0420.928.431
- Registered office
- Italiëlei 98a, 2000 Antwerpen
- Names & denominations
- PEN Vlaanderen
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 25 September 1980
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
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