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 22 % of short-term debt in 2024; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2024
P.C.C. from Sint-Martens-Latem, company number BE0443803605, closed financial year 2024 with a result of € 1.3 million after tax. For that financial year P.C.C. recorded a gross margin of € 190,011 and equity of € 3.6 million. Compared with financial year 2023, the result moved from € -57,557 to € 1.3 million. 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 June 19, 2025.
€ 3.6 million
▲ 58% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.3 million
▲ still € 57,557 loss in 2023
Profit after tax over the fiscal year.
€ 45,298
▼ 64% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 3.6 million.
People and assets in 2024
0
Average over the fiscal year, from the social balance sheet.
€ 29,275
▲ 198% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 884,226
▼ 70% vs 2023
€ 113,797 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 96,867
▼ 26% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 137,613
▲ € 126,222 vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 184,318 | € 63,000 | € 174,000 | - | |
| Gross margin | - | - | - | € 190,011 | |
| Profit after taxes | € -1,492,699 | € -831,632 | € -57,557 | € 1,326,210 | ▲ € 1.4 million |
| Equity | € 3,179,566 | € 2,361,680 | € 2,304,123 | € 3,630,333 | ▲ 58% |
| Total debts | € 3,520,700 | € 3,049,924 | € 3,094,792 | € 1,156,424 | ▼ 63% |
| Cash | € 20,695 | € 88,215 | € 127,428 | € 45,298 | ▼ 64% |
| Land & buildings | € 2,276,177 | € 1,921,784 | € 1,879,632 | € 1,684,256 | ▼ 10% |
| Retained profit | € 3,118,066 | € 2,300,180 | € 2,242,623 | € 3,568,833 | ▲ 59% |
| Bank debt | € 3,341,418 | € 2,925,251 | € 2,907,542 | € 884,226 | ▼ 70% |
| Balance sheet total | € 6,755,851 | € 5,419,812 | € 5,407,124 | € 4,794,965 | ▼ 11% |
Key figures of P.C.C., fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to P.C.C.?
What happened at P.C.C. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Catherine Vanhee stepped down as director. NBB
- Carlos Van De Velde stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 1.3 million. Source: NBB ↗
- Catherine Vanhee became a director. NBB
- Carlos Van De Velde became a director. NBB
- New establishment in Sint-Martens-Latem. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.5 million loss in 2021 to € 1.3 million profit in 2024.
Paid € 140,900 in corporate taxes since 2021.
Best year ever: 2024, with € 1.3 million profit.
Management
Directors
According to the 2024 annual accounts
since 2020 · until 2026
Carlos Van De Velde
Managing director
Also active at: ISOLTEC, ISOLATIE & CONSTRUCTIE, HASEVOETS POLYURETHAAN ISOLATIE
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Baarle-Frankrijkstraat 13
9830 Sint-Martens-Latem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0443.803.605
- VAT number
- BE 0443.803.605
- Registered office
- Baarle-Frankrijkstraat 13, 9830 Sint-Martens-Latem
- Names & denominations
- P.C.C.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 March 1991
- Peppol
- Active · Active since 27 Nov 2025
- Activities · NACE
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