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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
P&P from Halle, company number BE0429426918, closed financial year 2025 with a result of € -160,939 after tax. For that financial year P&P recorded a gross margin of € 10,925 and equity of € 2 million. Compared with financial year 2024, the result moved from € -22,431 to € -160,939. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 27, 2026.
€ 2 million
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -160,939
▼ 617 % more loss than in 2024
Profit after tax over the fiscal year.
€ 45,585
▼ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.8 million.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 62,053
▲ 3% vs 2024
€ 62,100 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.
€ 108,179
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 150,701
▼ 33% vs 2024
Loans from banks and other lenders, long and short.
€ 20,731
▲ € 18,027 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,958
▼ 72% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 504,160 | € 1,712,895 | € 111,758 | € 10,925 | ▼ 90% |
| Profit after taxes | € 204,344 | € 1,004,109 | € -22,431 | € -160,939 | ▼ € 138,508 |
| Equity | € 1,240,799 | € 2,244,908 | € 2,197,477 | € 2,036,538 | ▼ 7% |
| Total debts | € 226,520 | € 1,390,006 | € 704,383 | € 551,291 | ▼ 22% |
| Cash | € 392,344 | € 360,333 | € 52,487 | € 45,585 | ▼ 13% |
| Land & buildings | € 562,282 | € 1,670,989 | € 1,627,649 | € 1,584,887 | ▼ 3% |
| Retained profit | € 990,799 | € 1,994,908 | € 1,947,477 | € 1,786,538 | ▼ 8% |
| Dividend | € 0 | € 0 | € 25,000 | € 0 | ▼ 100% |
| Bank debt | € 117,598 | € 72,583 | € 224,908 | € 150,701 | ▼ 33% |
| Balance sheet total | € 1,788,128 | € 3,927,632 | € 3,115,533 | € 2,794,838 | ▼ 10% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of P&P, 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 P&P?
What happened at P&P in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Katrien Pay stepped down as director. NBB
- Joseph Pay stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 160,939. Source: NBB ↗
- Katrien Pay became a director. NBB
- Joseph Pay became a director. NBB
- New establishment in Halle. KBO
- Start of the company according to the CBE. KBO
In short
From € 204,344 profit in 2022 to € 160,939 loss in 2025.
Paid € 600,571 in corporate taxes since 2022.
Best year ever: 2023, with € 1 million profit.
On average € 10,900 of value added per employee in 2025.
Management
It owns 50% of T sum itself.
Directors
According to the 2025 annual accounts
Katrien Pay
Director
since 2023 · until 2028
since 2023 · until 2028
Establishments
Establishment units
Physical locations of this company
Basiliekstraat 54
1500 Halle
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
- 0429.426.918
- VAT number
- BE 0429.426.918
- Registered office
- Basiliekstraat 54, 1500 Halle
- Names & denominations
- P&P
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 August 1986
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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