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 2 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
P.S. INTERNATIONAL from Ninove, company number BE0442499845, closed financial year 2025 with a result of € 6,949 after tax. For that financial year P.S. INTERNATIONAL recorded a gross margin of € 481,238 and equity of € 5.5 million. Compared with financial year 2024, the result moved from € 98,838 to € 6,949. 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 June 29, 2026.
€ 5.5 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,949
▼ 93% vs 2024
Profit after tax over the fiscal year.
€ 20,492
▼ 1% 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 € 1.3 million.
People and assets in 2025
2
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 89,519
▲ 6% vs 2024
€ 44,800 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.
€ 128,357
▲ 68% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 968,972
▲ 26% vs 2024
Loans from banks and other lenders, long and short.
€ 31,596
Supplier invoices still open on the last day of the fiscal year.
€ 55,357
▲ 32% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 500,648 | € 522,006 | € 532,629 | € 481,238 | ▼ 10% |
| Profit after taxes | € 149,392 | € 221,470 | € 98,838 | € 6,949 | ▼ 93% |
| Equity | € 5,201,460 | € 5,422,930 | € 5,521,768 | € 5,528,717 | |
| Total debts | € 1,370,897 | € 1,364,117 | € 923,374 | € 1,185,864 | ▲ 28% |
| Cash | - | € 46,285 | € 20,597 | € 20,492 | ▼ 1% |
| Land & buildings | € 6,354,494 | € 6,264,812 | € 6,154,607 | € 6,400,335 | ▲ 4% |
| Retained profit | € 1,018,569 | € 1,240,039 | € 1,338,877 | € 1,345,826 | ▲ 1% |
| Bank debt | € 1,313,636 | € 1,087,890 | € 767,389 | € 968,972 | ▲ 26% |
| Balance sheet total | € 6,572,357 | € 6,787,047 | € 6,445,142 | € 6,714,581 | ▲ 4% |
| Employees (FTE) | - | 1 | 1.5 | 2 | ▲ 0.5 |
Key figures of P.S. INTERNATIONAL, 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 P.S. INTERNATIONAL?
What happened at P.S. INTERNATIONAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- VALERIE SIENAERT stepped down as director. NBB
- JOCHEN SIENAERT stepped down as director. NBB
- Joy Sienaert stepped down as director. NBB
- PAUL SIENAERT stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 6,949 (▼ 93% vs 2024). Source: NBB ↗
- VALERIE SIENAERT became a director. NBB
- JOCHEN SIENAERT became a director. NBB
- Joy Sienaert became a director. NBB
In short
From € 149,392 profit in 2022 to € 6,949 profit in 2025.
Paid € 433,259 in corporate taxes since 2022.
Best year ever: 2023, with € 221,470 profit.
On average € 240,600 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
since 2022 · until 2028
since 2022 · until 2028
since 2022 · until 2028
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Aalstersesteenweg 362 box A
9400 Ninove
Aalstersesteenweg 362 A
9400 Ninove
Active since 1 February 1991
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0442.499.845
- VAT number
- BE 0442.499.845
- Registered office
- Aalstersesteenweg 362 bus A, 9400 Ninove
- Names & denominations
- P.S. INTERNATIONAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 December 1990
- Peppol
- Active · Active since 10 Feb 2026
- Activities · NACE
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Projectontwikkeling voor woningbouw
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Ontwikkeling van residentiële bouwprojecten
Bosbouw en bosbouwactiviteiten
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