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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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2024; threshold 65 %.
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Legal situation KBO
Gerechtelijke ontbinding of nietigheid according to the CBE.
Financials
Financial year 2024
GARAGE PAUL PIRENNE ET FILS from Aubel, company number BE0427623807, closed financial year 2024 with a result of € 0 after tax. For that financial year GARAGE PAUL PIRENNE ET FILS recorded a gross margin of € 0 and equity of € -133,489. Compared with financial year 2023, the result moved from € -309 to € 0. Around break-even. 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 11, 2025.
€ -133,489
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 0
▲ still € 309 loss in 2023
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -195,489.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2024
€ 24,789
Loans from banks and other lenders, long and short.
€ 82,938
Supplier invoices still open on the last day of the fiscal year.
€ 999
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 19,840 | € -209 | € -5 | € 0 | ▲ € 5 |
| Profit after taxes | € -22,763 | € -561 | € -309 | € 0 | ▲ € 309 |
| Equity | € -132,619 | € -133,180 | € -133,489 | € -133,489 | |
| Total debts | € 134,368 | € 134,868 | € 136,377 | € 136,377 | |
| Cash | € 76 | € 119 | € 0 | - | |
| Retained profit | € -194,619 | € -195,180 | € -195,489 | € -195,489 | |
| Bank debt | € 24,789 | € 24,789 | € 24,789 | € 24,789 | |
| Balance sheet total | € 1,748 | € 1,688 | € 2,888 | € 2,888 |
Key figures of GARAGE PAUL PIRENNE ET FILS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to GARAGE PAUL PIRENNE ET FILS?
What happened at GARAGE PAUL PIRENNE ET FILS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
GARAGE PAUL PIRENNE ET FILS is active according to the CBE. Legal situation: Gerechtelijke ontbinding of nietigheid.
- New annual accounts for financial year 2024: profit of € 0. filed late Source: NBB ↗
- André PIRENNE became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 22,763 loss in 2021 to € 0 profit in 2024.
Paid € 52 in corporate taxes since 2021.
Management
Behind GARAGE PAUL PIRENNE ET FILS is André PIRENNE.
Directors
According to the 2024 annual accounts
André PIRENNE
Manager
since 1993
Establishments
Establishment units
Physical locations of this company
Hagelstein 63
4880 Aubel
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
- 0427.623.807
- VAT number
- BE 0427.623.807
- Registered office
- Hagelstein 63, 4880 Aubel
- Names & denominations
- GARAGE PAUL PIRENNE ET FILS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Gerechtelijke ontbinding of nietigheid
- Start date
- 26 July 1985
- Peppol
- Not registered