Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 116.6 to 98.5.
Financials
Financial year 2025
H P PELZER from Genk, company number BE0439647649, closed financial year 2025 with a result of € -648,594 after tax. For that financial year H P PELZER recorded revenue of € 17 million and equity of € 9 million. Compared with financial year 2024, the result moved from € 214,375 to € -648,594. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ 9 million
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -648,594
▼ still € 214,375 profit in 2024
Profit after tax over the fiscal year.
€ 336,842
▼ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 6.9 million.
People and assets in 2025
98.5
▼ 11.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 7.4 million
▲ 3% vs 2024
€ 75,100 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
€ 8.3 million
▼ 1% vs 2024
€ 72,467 is repaid this year. At this pace the long-term loan is gone in ≈ 112 years.
€ 5.6 million
▲ 84% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 150 days on average.
€ 827,117
▼ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 23,548,008 | € 21,718,062 | € 19,295,312 | € 16,961,319 | ▼ 12% |
| Profit after taxes | € 786,827 | € 255,772 | € 214,375 | € -648,594 | ▼ € 862,969 |
| Equity | € 9,173,905 | € 9,429,678 | € 9,644,053 | € 8,995,458 | ▼ 7% |
| Total debts | € 14,406,232 | € 14,189,782 | € 13,655,249 | € 15,515,886 | ▲ 14% |
| Cash | € 390,024 | € 1,204,062 | € 657,319 | € 336,842 | ▼ 49% |
| Land & buildings | € 548,693 | € 535,775 | € 520,316 | € 576,747 | ▲ 11% |
| Retained profit | € 7,078,728 | € 7,334,501 | € 7,548,876 | € 6,900,281 | ▼ 9% |
| Bank debt | € 8,928,104 | € 8,530,269 | € 8,393,708 | € 8,288,174 | ▼ 1% |
| Balance sheet total | € 23,818,378 | € 23,870,247 | € 23,526,086 | € 24,742,558 | ▲ 5% |
| Employees (FTE) | 117.1 | 116.6 | 110.1 | 98.5 | ▼ 11.6 |
Key figures of H P PELZER, 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 H P PELZER?
What happened at H P PELZER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ludo ENGELEN stepped down as director. NBB
- Adler Pelzer Holding GmbH stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 648,594 (▼ € 862,969 vs 2024). Source: NBB ↗
- Adler Pelzer Holding GmbH became a director. NBB
- Ludo ENGELEN became a director. NBB
- New establishment in Genk. KBO
- Start of the company according to the CBE. KBO
In short
From € 786,827 profit in 2022 to € 648,594 loss in 2025.
Paid € 250,231 in corporate taxes since 2022.
Best year ever: 2022, with € 786,827 profit.
Pays suppliers within 150 days on average.
Management
Directors
According to the 2025 annual accounts
Ludo ENGELEN
Director
since 2025 · until 2031
Adler Pelzer Holding GmbH
Director · represented by Eric BOLLY
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Henry Fordlaan 15
3600 Genk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
HETZNER-AS, DE
Domain
Domain
adlerpelzer.com
Registered
2015-11-20
Registrar
Key-Systems GmbH
Expires
2026-11-20
Website info
Features
Security
Network
Details
- Company number
- 0439.647.649
- VAT number
- BE 0439.647.649
- Registered office
- Henry Fordlaan 15, 3600 Genk
- Names & denominations
- H P PELZER
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 1989
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- adlerpelzer.com
- Activities · NACE
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