Financials
Financial year 2025
PIX RAY ENGINEERING from Gent, company number BE0436653220, closed financial year 2025 with a result of € 41,722 after tax. For that financial year PIX RAY ENGINEERING recorded a gross margin of € 83,992 and equity of € 534,693. Compared with financial year 2024, the result moved from € 19,273 to € 41,722. Profitable, and profit is growing. 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 August 18, 2026.
€ 534,693
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 41,722
▲ 116% vs 2024
Profit after tax over the fiscal year.
€ 199,592
▲ 41% 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 € 410,746.
People and assets in 2025
€ 7,816
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,867
▲ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,377
▲ 23% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 30,725 | € 42,323 | € 55,133 | € 83,992 | ▲ 52% |
| Profit after taxes | € -9,376 | € 3,257 | € 19,273 | € 41,722 | ▲ 116% |
| Equity | € 470,442 | € 473,699 | € 492,971 | € 534,693 | ▲ 8% |
| Total debts | € 105,684 | € 102,300 | € 20,517 | € 26,559 | ▲ 29% |
| Cash | € 215,745 | € 210,875 | € 141,096 | € 199,592 | ▲ 41% |
| Land & buildings | € 309,014 | € 290,496 | € 272,474 | € 254,452 | ▼ 7% |
| Retained profit | € 346,495 | € 349,752 | € 369,024 | € 410,746 | ▲ 11% |
| Balance sheet total | € 576,126 | € 575,998 | € 513,488 | € 561,252 | ▲ 9% |
Key figures of PIX RAY ENGINEERING, 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 PIX RAY ENGINEERING?
What happened at PIX RAY ENGINEERING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Marie-Cathérine Poppe stepped down as director. NBB
- Matthew Cuigniez stepped down as director. NBB
- Francis Cuigniez stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 41,722 (▲ 116% vs 2024). filed late Source: NBB ↗
- Marie-Cathérine Poppe became a director. NBB
- Matthew Cuigniez became a director. NBB
- Francis Cuigniez became a director. NBB
- New establishment in Gent. KBO
In short
From € 9,376 loss in 2022 to € 41,722 profit in 2025.
Paid € 35,204 in corporate taxes since 2022.
Best year ever: 2025, with € 41,722 profit.
Management
Directors
According to the 2025 annual accounts
Marie-Cathérine Poppe
Managing director
since 2026 · until 2029
Matthew Cuigniez
Director
Also active at: Renurbis, Ovius, Manuus, NEXT GEN LIVING, NEXT GEN CONSTRUCT
since 2026 · until 2029
Francis Cuigniez
Director
since 2026 · until 2029
Establishments
Establishment units
Physical locations of this company
Groot-Brittanniëlaan 28
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0436.653.220
- VAT number
- BE 0436.653.220
- Registered office
- Groot-Brittanniëlaan 28, 9000 Gent
- Names & denominations
- PIX RAY ENGINEERING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 January 1989
- Peppol
- Active · Active since 21 Oct 2026