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 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
P en M SOCKS from Liedekerke, company number BE0437975883, closed financial year 2025 with a result of € 1,314 after tax. For that financial year P en M SOCKS recorded a gross margin of € 9,916 and equity of € -139,420. Compared with financial year 2024, the result moved from € -7,853 to € 1,314. Profitable, and profit is growing. 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 June 19, 2026.
€ -139,420
▲ € 1,314 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,314
▲ still € 7,853 loss in 2024
Profit after tax over the fiscal year.
€ 1,240
▼ 1% 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 € -158,012.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 2,991
▼ 86% vs 2024
Loans from banks and other lenders, long and short.
€ 11,754
▼ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,010
▲ 78% 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 | € -3,972 | € -8,763 | € 725 | € 9,916 | ▲ € 9,191 |
| Profit after taxes | € -12,102 | € -16,998 | € -7,853 | € 1,314 | ▲ € 9,167 |
| Equity | € -115,884 | € -132,882 | € -140,735 | € -139,420 | ▲ € 1,314 |
| Total debts | € 243,067 | € 252,760 | € 250,054 | € 231,850 | ▼ 7% |
| Cash | € 1,603 | € 1,253 | € 1,253 | € 1,240 | ▼ 1% |
| Retained profit | € -134,476 | € -151,474 | € -159,327 | € -158,012 | ▲ € 1,314 |
| Bank debt | € 20,004 | € 20,046 | € 21,345 | € 2,991 | ▼ 86% |
| Balance sheet total | € 127,182 | € 119,878 | € 109,319 | € 92,430 | ▼ 15% |
Key figures of P en M SOCKS, 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 en M SOCKS?
What happened at P en M SOCKS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,314. Source: NBB ↗
- New establishment in Liedekerke. KBO
- Peter Pauwels became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 12,102 loss in 2022 to € 1,314 profit in 2025.
Paid € 944 in corporate taxes since 2022.
Best year ever: 2025, with € 1,314 profit.
Management
Behind P en M SOCKS is Peter Pauwels.
Directors
According to the 2025 annual accounts
Peter Pauwels
Director
since 1989
Establishments
Establishment units
Physical locations of this company
Pamelsestraat 38
1770 Liedekerke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.975.883
- VAT number
- BE 0437.975.883
- Registered office
- Pamelsestraat 38, 1770 Liedekerke
- Names & denominations
- P en M SOCKS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 July 1989
- Peppol
- Active · Active since 27 Mar 2025
- Activities · NACE
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Detailhandel in textiel
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Detailhandel in huishoudtextiel en beddengoed