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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Tight liquidity NBB
Cash and receivables cover 52 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
PENON from Sint-Gillis (bij-Brussel), company number BE0429521641, closed financial year 2025 with a result of € 273,998 after tax. For that financial year PENON recorded a gross margin of € 646,948 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € -230,902 to € 273,998. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 1.2 million
▲ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 273,998
▲ still € 230,902 loss in 2024
Profit after tax over the fiscal year.
€ 19,035
▼ 28% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 588,734.
People and assets in 2025
€ 584
▼ 50% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.4 million
▼ 23% vs 2024
€ 162,501 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 55,588
▲ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 242,584 | € 248,306 | € 275,002 | € 646,948 | ▲ 135% |
| Profit after taxes | € -44,855 | € -82,625 | € -230,902 | € 273,998 | ▲ € 504,900 |
| Equity | € 1,342,787 | € 1,260,162 | € 959,260 | € 1,233,258 | ▲ 29% |
| Total debts | € 708,222 | € 914,924 | € 4,027,005 | € 2,502,919 | ▼ 38% |
| Cash | € 46,966 | - | € 26,538 | € 19,035 | ▼ 28% |
| Land & buildings | € 1,903,297 | € 2,061,654 | € 4,522,419 | € 3,486,324 | ▼ 23% |
| Retained profit | € 698,264 | € 615,639 | € 314,737 | € 588,734 | ▲ 87% |
| Dividend | € 0 | € 0 | € 70,000 | € 0 | ▼ 100% |
| Bank debt | € 160,381 | € 652,547 | € 3,105,009 | € 2,380,831 | ▼ 23% |
| Balance sheet total | € 2,051,009 | € 2,175,086 | € 4,986,265 | € 3,736,176 | ▼ 25% |
Key figures of PENON, 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 PENON?
What happened at PENON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 273,998. filed late Source: NBB ↗
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
In short
From € 44,855 loss in 2022 to € 273,998 profit in 2025.
Paid € 48,879 in corporate taxes since 2022.
Best year ever: 2025, with € 273,998 profit.
Paid out € 70,000 in dividends to the owners in total.
Management
The stake of LES BONNIERS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PENONBehind PENON are PAUL MUYLAERT and MARIE-PAUL DREHSEN. The shares are held by LES BONNIERS (100%).
Directors
According to the 2025 annual accounts
PAUL MUYLAERT
Bestuurder
Also active at: LES BONNIERS, ADVOCATENKANTOOR/CABINET D'AVOCATS PAUL MUYLAERT
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Defacqzstraat 73
1060 Sint-Gillis (bij-Brussel)
Brugmannlaan 409
1180 Ukkel
Active since 1 September 2000
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0429.521.641
- VAT number
- BE 0429.521.641
- Registered office
- Defacqzstraat 73, 1060 Sint-Gillis (bij-Brussel)
- Names & denominations
- PENON
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 August 1986
- Peppol
- Not registered