Financials
Financial year 2025
Worth noting
- More debts than assets in the latest financial year.
- Little cash and receivables against the short-term debts.
Gross margin
€ 2,746
▲ 316% vs 2024
Profit
Growing€ 2,813
▲ 258% vs 2024
Debts
High€ 753,378
▼ 1% vs 2024
PICASSO from Merelbeke-Melle, company number BE0438149592, closed financial year 2025 with a result of € 2,813 after tax. For that financial year PICASSO recorded a gross margin of € 2,746 and equity of € -686,212. Compared with financial year 2024, the result moved from € -1,783 to € 2,813. 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 January 21, 2026.
What happened at PICASSO?
What happened at PICASSO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,813. Source: NBB ↗
- Katharine Fiers became a director. NBB
- New establishment in Merelbeke-Melle. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,632 loss in 2022 to € 2,813 profit in 2025.
Best year ever: 2025, with € 2,813 profit.
A new publication or filing at PICASSO? We notify you, reason included.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
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Management
Behind PICASSO is Katharine Fiers. Katharine Fiers is also behind IMMO FIERS.
Directors
According to the 2025 annual accounts
since 2005
Establishments
Establishment units
Physical locations of this company
Fraterstraat 47
9820 Merelbeke-Melle
Fraterstraat 114
9820 Merelbeke-Melle
Active since 28 September 1995
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
Details
- Company number
- 0438.149.592
- VAT number
- BE 0438.149.592
- Registered office
- Fraterstraat 47, 9820 Merelbeke-Melle
- Names & denominations
- PICASSO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 August 1989
- Peppol
- Active · Active since 13 Nov 2025
- Activities · NACE
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Diverse administratieve activiteiten ten behoeve van kantoren
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Schilderen van gebouwen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Overige rechtskundige dienstverlening
Verhuur en exploitatie van terreinen