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 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PIDESCO from Wevelgem, company number BE0442407991, closed financial year 2025 with a result of € 944 after tax. For that financial year PIDESCO recorded a gross margin of € 18,407 and equity of € 182,085. Compared with financial year 2024, the result moved from € 3,076 to € 944. The company is profitable. 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 August 12, 2026.
€ 182,085
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 944
▼ 69% vs 2024
Profit after tax over the fiscal year.
€ 17,524
▼ 79% 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 € 163,485.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 8,000
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 191
▲ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 971
▼ 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 | € 23,020 | € 23,075 | € 19,321 | € 18,407 | ▼ 5% |
| Profit after taxes | € 1,900 | € 1,555 | € 3,076 | € 944 | ▼ 69% |
| Equity | € 176,510 | € 178,065 | € 181,141 | € 182,085 | ▲ 1% |
| Total debts | € 153,649 | € 150,629 | € 146,218 | € 141,014 | ▼ 4% |
| Cash | € 24,872 | € 47,317 | € 85,287 | € 17,524 | ▼ 79% |
| Land & buildings | € 94,408 | € 73,703 | € 52,998 | € 32,431 | ▼ 39% |
| Retained profit | € 157,910 | € 159,465 | € 162,541 | € 163,485 | ▲ 1% |
| Balance sheet total | € 333,159 | € 331,694 | € 327,359 | € 323,099 | ▼ 1% |
Key figures of PIDESCO, 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 PIDESCO?
What happened at PIDESCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 944 (▼ 69% vs 2024). filed late Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,900 profit in 2022 to € 944 profit in 2025.
Paid € 2,894 in corporate taxes since 2022.
Best year ever: 2024, with € 3,076 profit.
Management
Behind PIDESCO is Pieter DE SMET.
Directors
According to the 2025 annual accounts
Pieter DE SMET
Director
Establishments
Establishment units
Physical locations of this company
Menenstraat 476
8560 Wevelgem
Koning Albertstraat(Kor) 5
8500 Kortrijk
Active since 2 January 1991
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
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€ 727,057 gross margin · 2025
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€ 2,041 gross margin · 2025
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€ 57,796 gross margin · 2025
ETERNITY GROUP
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0442.407.991
- VAT number
- BE 0442.407.991
- Registered office
- Menenstraat 476, 8560 Wevelgem
- Names & denominations
- PIDESCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 1990
- Peppol
- Active · Active since 10 Feb 2026
- Activities · NACE
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