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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Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PAGNAERT from Maldegem, company number BE0440850251, closed financial year 2025 with a result of € 17,884 after tax. For that financial year PAGNAERT recorded a gross margin of € 75,956 and equity of € 744,725. Compared with financial year 2024, the result moved from € -15,054 to € 17,884. 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 July 3, 2026.
€ 744,725
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,884
▲ still € 15,054 loss in 2024
Profit after tax over the fiscal year.
€ 35,636
▲ 51% 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 € 571,200.
People and assets in 2025
€ 2,311
▼ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 121,044
▼ 17% vs 2024
€ 25,564 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 6,708
▲ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,235
▲ 53% 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 | € 115,168 | € 20,939 | € 22,496 | € 75,956 | ▲ 238% |
| Profit after taxes | € 41,464 | € -14,178 | € -15,054 | € 17,884 | ▲ € 32,938 |
| Equity | € 766,871 | € 741,894 | € 726,840 | € 744,725 | ▲ 2% |
| Total debts | € 191,837 | € 201,947 | € 264,402 | € 246,063 | ▼ 7% |
| Cash | € 93,159 | € 74,320 | € 23,525 | € 35,636 | ▲ 51% |
| Land & buildings | - | - | € 176,756 | € 169,300 | ▼ 4% |
| Retained profit | € 593,346 | € 568,369 | € 553,315 | € 571,200 | ▲ 3% |
| Dividend | € 0 | € 10,800 | € 0 | € 0 | |
| Bank debt | € 77,000 | € 80,457 | € 146,309 | € 121,044 | ▼ 17% |
| Balance sheet total | € 1,114,268 | € 1,091,202 | € 1,130,405 | € 1,121,752 | ▼ 1% |
Key figures of PAGNAERT, 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 PAGNAERT?
What happened at PAGNAERT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 17,884. Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 41,464 profit in 2022 to € 17,884 profit in 2025.
Paid € 39,026 in corporate taxes since 2022.
Best year ever: 2022, with € 41,464 profit.
Paid out € 10,800 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Dijkstraat 27
9990 Maldegem
Mimosastraat 2
8301 Knokke-Heist
Active since 22 June 1990
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0440.850.251
- VAT number
- BE 0440.850.251
- Registered office
- Dijkstraat 27, 9990 Maldegem
- Names & denominations
- PAGNAERT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 May 1990
- Peppol
- Active · Active since 17 Jul 2025
- Activities · NACE
Activiteiten van holdings
Holdings
Teelt van pit- en steenvruchten
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Ondersteunende activiteiten in verband met de teelt van gewassen
Fokken en houden van schapen en geiten
Teelt van groenten, meloenen en wortel- en knolgewassen
Boomkwekerijen, muv bosboomkwekerijen
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