Financials
Financial year 2025
P.G.R. Partners from Grimbergen, company number BE0436502176, closed financial year 2025 with a result of € 2,203 after tax. For that financial year P.G.R. Partners recorded a gross margin of € 151,907 and equity of € 286,784. Compared with financial year 2024, the result moved from € 102,356 to € 2,203. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 6, 2026.
€ 286,784
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,203
▼ 98% vs 2024
Profit after tax over the fiscal year.
€ 129,343
▲ 9% 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 € 194,534.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 140,549
▼ 18% vs 2024
€ 140,500 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 167,250
▼ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 33,885
▲ 58% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 265,219 | € 98,125 | € 311,765 | € 151,907 | ▼ 51% |
| Profit after taxes | € 33,270 | € -74,437 | € 102,356 | € 2,203 | ▼ 98% |
| Equity | € 256,661 | € 182,224 | € 284,581 | € 286,784 | ▲ 1% |
| Total debts | € 399,755 | € 281,287 | € 424,150 | € 661,488 | ▲ 56% |
| Cash | € 163,451 | € 6,738 | € 118,425 | € 129,343 | ▲ 9% |
| Land & buildings | € 28,508 | € 28,508 | € 28,508 | € 28,508 | |
| Retained profit | € 164,411 | € 89,974 | € 192,331 | € 194,534 | ▲ 1% |
| Bank debt | € 57,332 | € 36,558 | € 5,115 | € 0 | ▼ 100% |
| Balance sheet total | € 656,417 | € 463,511 | € 708,730 | € 948,271 | ▲ 34% |
| Employees (FTE) | 2 | 1.4 | 1 | 1 |
Key figures of P.G.R. Partners, 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 P.G.R. Partners?
What happened at P.G.R. Partners in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Teunis Ton Ippel stepped down as director. NBB
- NUYA BV stepped down as director. NBB
- Per Vilhelm Mattias Ortenblad stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2,203 (▼ 98% vs 2024). Source: NBB ↗
- Teunis Ton Ippel became a director. NBB
- NUYA BV became a director. NBB
- Per Vilhelm Mattias Ortenblad became a director. NBB
- New establishment in Grimbergen. KBO
In short
From € 33,270 profit in 2022 to € 2,203 profit in 2025.
Paid € 30,778 in corporate taxes since 2022.
Best year ever: 2024, with € 102,356 profit.
On average € 151,900 of value added per employee in 2025.
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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 shares are held by Heating Group International (51%), Yves Van Geel (45.2%) and Michael Jacobs (3.8%).
Directors
According to the 2025 annual accounts
Teunis Ton Ippel
Director
since 2023 · until 2029
Managing director · represented by Yves Van Geel
since 2023 · until 2029
Per Vilhelm Mattias Ortenblad
Chairman of the board
since 2023 · until 2029
Shareholders
Heating Group International
51%
Yves Van Geel
45.2%
Michael Jacobs
3.8%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vilvoordsesteenweg 420
1850 Grimbergen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Google Workspace
Hosting
TRANSIP-AS Amsterdam, the Netherlands, NL
DNS
Cloudflare DNS
Website info
Features
Security
Network
Details
- Company number
- 0436.502.176
- VAT number
- BE 0436.502.176
- Registered office
- Vilvoordsesteenweg 420, 1850 Grimbergen
- Names & denominations
- P.G.R. Partners
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 January 1989
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- pgr.be
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