Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 48.4 to 40.3.
-
Busy address KBO
19 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PVH BELGIUM from Ternat, company number BE0426563834, closed financial year 2025 with a result of € 233,155 after tax. Compared with financial year 2024, the result moved from € 256,945 to € 233,155. The company is profitable. 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 October 21, 2025.
€ 1.2 million
▲ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 233,155
▼ 9% vs 2024
Profit after tax over the fiscal year.
€ 67
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.2 million.
People and assets in 2025
40.3
▼ 2.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.2 million
▼ 26% vs 2024
€ 78,600 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.
€ 18,892
▲ 19% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 175,805
▼ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 28 days on average.
€ 510,137
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € 146,557 | € 168,123 | € 256,945 | € 233,155 | ▼ 9% |
| Equity | € 577,531 | € 745,654 | € 1,002,599 | € 1,235,754 | ▲ 23% |
| Total debts | € 738,749 | € 728,590 | € 851,298 | € 695,113 | ▼ 18% |
| Cash | € 33,860 | € 67 | € 67 | € 67 | |
| Retained profit | € 512,531 | € 680,654 | € 937,599 | € 1,170,754 | ▲ 25% |
| Balance sheet total | € 1,316,280 | € 1,474,244 | € 1,853,897 | € 1,930,867 | ▲ 4% |
| Employees (FTE) | 46.4 | 48.4 | 42.6 | 40.3 | ▼ 2.3 |
Key figures of PVH BELGIUM, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 August 2026.
What happened to PVH BELGIUM?
What happened at PVH BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 233,155 (▼ 9% vs 2024). filed late Source: NBB ↗
- Frederik OLSSON became a director. NBB
- Zac COUGHLIN became a director. NBB
- Filipe LIMA became a director. NBB
- Erkan CAGMAN became a director. NBB
- New establishment in Ternat. KBO
- Start of the company according to the CBE. KBO
In short
From € 146,557 profit in 2022 to € 233,155 profit in 2025.
Paid € 362,401 in corporate taxes since 2022.
Best year ever: 2024, with € 256,945 profit.
Pays suppliers within 28 days on average.
Management
Behind PVH BELGIUM are Zac COUGHLIN, Frederik OLSSON, Filipe LIMA and Erkan CAGMAN. Zac COUGHLIN is also behind PVH BRANDS BELGIUM. Filipe LIMA is also behind PVH BRANDS BELGIUM.
Directors
According to the 2025 annual accounts
since 2024
Frederik OLSSON
Director
since 2024
since 2024
Erkan CAGMAN
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Assesteenweg 96
1740 Ternat
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 19 companies are registered at this address.
All companies at this address →ALBRO
€ 2.4 million revenue · 2024
GROEP BROEKAERT Alain
€ 2.4 million revenue · 2024
GAB International
€ 11.7 million revenue · 2024
ALTO
€ 376,739 revenue · 2024
ALBRI
€ 1.1 million revenue · 2024
+14 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
- 0426.563.834
- VAT number
- BE 0426.563.834
- Registered office
- Assesteenweg 96, 1740 Ternat
- Names & denominations
- PVH BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 1984
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Groothandel in kleding, kledingtoebehoren en bontartikelen
Groothandel in kleding, met uitzondering van werk- en onderkleding
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Activiteiten van holdings
Managementactiviteiten van holdings
Holdings