Financials
Financial year 2025
PAINTINGS & INDUSTRIAL COATINGS from Laarne, company number BE0421135396, closed financial year 2025 with a result of € 8.2 million after tax. For that financial year PAINTINGS & INDUSTRIAL COATINGS recorded revenue of € 51.2 million and equity of € 20.2 million. Compared with financial year 2024, the result moved from € 6.3 million to € 8.2 million. 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 March 19, 2026.
€ 20.2 million
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8.2 million
▲ 29% vs 2024
Profit after tax over the fiscal year.
€ 12.2 million
▲ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 6 million paid out
73 % of the profit went to the shareholders, mostly to GONDRY INVEST (99 % of the shares). That is where the money ends up.
People and assets in 2025
86.4
▲ 4.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.6 million
▲ 15% vs 2024
€ 53,100 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.
€ 777,776
▼ 3% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.4 million
▼ 24% vs 2024
€ 724,612 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 5 million
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 48 days on average.
€ 487,505
▼ 3% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 39,370,289 | € 46,699,640 | € 48,978,889 | € 51,159,000 | ▲ 4% |
| Profit after taxes | € 5,256,844 | € 5,728,337 | € 6,333,754 | € 8,183,291 | ▲ 29% |
| Equity | € 13,992,199 | € 15,720,536 | € 18,054,290 | € 20,223,796 | ▲ 12% |
| Total debts | € 10,435,322 | € 14,803,189 | € 13,236,113 | € 15,571,296 | ▲ 18% |
| Cash | € 8,203,338 | € 7,237,497 | € 9,818,292 | € 12,168,730 | ▲ 24% |
| Land & buildings | € 5,391,970 | € 9,266,302 | € 8,123,836 | € 9,890,773 | ▲ 22% |
| Retained profit | € 13,725,199 | € 15,453,536 | € 17,787,290 | € 19,956,796 | ▲ 12% |
| Dividend | € 4,000,000 | € 4,000,000 | € 4,000,000 | € 6,000,000 | ▲ 50% |
| Bank debt | € 2,591,428 | € 5,242,041 | € 3,120,710 | € 2,365,246 | ▼ 24% |
| Balance sheet total | € 24,716,505 | € 30,783,609 | € 31,492,645 | € 35,964,743 | ▲ 14% |
| Employees (FTE) | 84.4 | 86.8 | 81.5 | 86.4 | ▲ 4.9 |
Key figures of PAINTINGS & INDUSTRIAL COATINGS, 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 PAINTINGS & INDUSTRIAL COATINGS?
What happened at PAINTINGS & INDUSTRIAL COATINGS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 8.2 million (▲ 29% vs 2024). Source: NBB ↗
- Gondry Invest CommV became a director. NBB
- New establishment in Laarne. KBO
- Start of the company according to the CBE. KBO
In short
From € 5.3 million profit in 2022 to € 8.2 million profit in 2025.
Paid € 2.5 million in corporate taxes since 2022.
Best year ever: 2025, with € 8.2 million profit.
Paid out € 18 million in dividends to the owners in total.
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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 GONDRY INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PAINTINGS & INDUSTRIAL COATINGSBehind PAINTINGS & INDUSTRIAL COATINGS is Gondry Invest CommV. The shares are held by GONDRY INVEST (98.8%).
Directors
According to the 2025 annual accounts
Director · represented by Sammy Gondry
Also active at: BOUWBEDRIJF VAN DER KINDEREN, G3S-BOUW, SKREDO
since 2021
Shareholders
98.8%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Leeweg 24
9270 Laarne
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0421.135.396
- VAT number
- BE 0421.135.396
- Registered office
- Leeweg 24, 9270 Laarne
- Names & denominations
- PAINTINGS & INDUSTRIAL COATINGS · P.I.C.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1981
- Peppol
- Active · Active since 26 Aug 2025
- Contact
- [email protected]
- Activities · NACE
Algemene bouw van residentiële gebouwen
Ontwikkeling van niet-residentiële bouwprojecten
Schilderen
Overige werkzaamheden in verband met de afwerking van gebouwen
Schilderen van gebouwen
Algemene bouw van kantoorgebouwen
Ontwikkeling van residentiële bouwprojecten
Overige gespecialiseerde bouwactiviteiten, neg
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