Financials
Financial year 2025
2PG GROUP from Kuurne, company number BE0441459272, closed financial year 2025 with a result of € 460,739 after tax. For that financial year 2PG GROUP recorded a gross margin of € 4.4 million and equity of € 10.9 million. Compared with financial year 2024, the result moved from € 655,170 to € 460,739. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 10.9 million
▼ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 460,739
▼ 30% vs 2024
Profit after tax over the fiscal year.
€ 1.9 million
▲ 26% 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 € 7 million.
People and assets in 2025
57.8
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.1 million
▲ 9% vs 2024
€ 70,900 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.
€ 217,002
▼ 18% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 26.1 million
▲ 7% vs 2024
€ 2 million is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 1.6 million
▲ 143% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 372,458
▼ 18% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 5,937,512 | € 5,487,065 | € 5,259,953 | € 4,418,761 | ▼ 16% |
| Profit after taxes | € 4,713,211 | € 1,939,853 | € 655,170 | € 460,739 | ▼ 30% |
| Equity | € 13,501,549 | € 13,441,402 | € 14,096,572 | € 10,853,092 | ▼ 23% |
| Total debts | € 30,897,789 | € 29,362,610 | € 28,738,981 | € 32,032,032 | ▲ 11% |
| Cash | € 3,146,911 | € 1,490,760 | € 1,475,910 | € 1,852,408 | ▲ 26% |
| Land & buildings | € 19,233,885 | € 18,772,817 | € 17,877,779 | € 16,828,643 | ▼ 6% |
| Retained profit | € 12,001,549 | € 11,941,402 | € 12,596,572 | € 7,023,092 | ▼ 44% |
| Dividend | € 1,000,000 | € 2,000,000 | € 0 | € 0 | |
| Bank debt | € 25,980,758 | € 23,140,127 | € 24,469,336 | € 26,096,676 | ▲ 7% |
| Balance sheet total | € 44,566,145 | € 42,961,843 | € 42,984,408 | € 43,025,004 | |
| Employees (FTE) | 64.2 | 58.7 | 57.3 | 57.8 | ▲ 0.5 |
Key figures of 2PG GROUP, 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 2PG GROUP?
What happened at 2PG GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Freddy Vanderbeke stepped down as director. NBB
- Eline Demeulemeester stepped down as director. NBB
- Jan Vanderbeke stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 460,739 (▼ 30% vs 2024). filed late Source: NBB ↗
- Eline Demeulemeester became a director. NBB
- Freddy Vanderbeke became a director. NBB
- Jan Vanderbeke became a director. NBB
- New establishment in Kuurne. KBO
In short
From € 4.7 million profit in 2022 to € 460,739 profit in 2025.
Paid € 291,280 in corporate taxes since 2022.
Best year ever: 2022, with € 4.7 million profit.
On average € 76,400 of value added per employee in 2025.
Management
The stake of VANJANCO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
2PG GROUPThe shares are held by VANJANCO (100%). It owns 100% of Linum AG, 100% of Linum Europe, 100% of Linum Europe GmbH, 100% of Plastibac, 100% of Linum Europe BV and 100% of Linum Europe GMBH itself.
Directors
According to the 2025 annual accounts
Freddy Vanderbeke
Managing director
Also active at: Koninklijke Belgische Vereniging voor Koude en Luchtbehandeling, PLASTIBAC, LINUM EUROPE, FERMOD, Prihoda
since 2025 · until 2031
since 2025 · until 2031
Shareholders
100%
Participations
Linum AG
100%
100%
Linum Europe GmbH
100%
100%
Linum Europe BV
100%
Linum Europe GMBH
100%
100%
Plasti-Bac SARL
100%
Linum Europe SA
50.1%
50%
Fermod BV
48%
Establishments
Establishment units
Physical locations of this company
Pieter Verhaeghestraat 20
8520 Kuurne
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →PLASTIBAC same network
€ 750,170 gross margin · 2025
LINUM EUROPE same network
€ 35.4 million revenue · 2025
FERMOD same network
€ 124,313 gross margin · 2025
Prihoda same network
€ 461,644 gross margin · 2025
Linum Charity
+1 more
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
BELGACOM Proximus Customer Edge-Network, BE
Domain
Domain
linumgroup.eu
Registrar
IDcreation nv
Website info
Features
Security
Details
- Company number
- 0441.459.272
- VAT number
- BE 0441.459.272
- Registered office
- Pieter Verhaeghestraat 20, 8520 Kuurne
- Names & denominations
- 2PG GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 September 1990
- Peppol
- Active · Active since 24 Sept 2025
- Contact
- linumgroup.eu
- Activities · NACE
Activiteiten van hoofdkantoren
Overige vrachtbehandeling, exclusief in zeehavens
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige diensten op het gebied van informatietechnologie en computer
Opslag
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering