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 14 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 66 to 56.3.
Financials
Financial year 2025
PEDEO from Oudenaarde, company number BE0443950093, closed financial year 2025 with a result of € 9,135 after tax. For that financial year PEDEO recorded revenue of € 9.4 million and equity of € 706,937. Compared with financial year 2024, the result moved from € -20,452 to € 9,135. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 19, 2026.
€ 706,937
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,135
▲ still € 20,452 loss in 2024
Profit after tax over the fiscal year.
€ 23,250
▲ 33% 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 € -719,630.
People and assets in 2025
56.3
▼ 3.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.6 million
▲ 2% vs 2024
€ 64,200 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.
€ 830,531
▼ 47% vs 2024
Of which on lease € 825,168.
Debts at end 2025
€ 1.4 million
▼ 25% vs 2024
€ 414,582 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1.2 million
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 83 days on average.
€ 665,607
▼ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 11,289,392 | € 9,535,365 | € 10,415,103 | € 9,378,963 | ▼ 10% |
| Profit after taxes | € -441,054 | € -322,222 | € -20,452 | € 9,135 | ▲ € 29,587 |
| Equity | € 1,082,242 | € 746,056 | € 711,703 | € 706,937 | ▼ 1% |
| Total debts | € 4,681,448 | € 4,439,364 | € 3,904,855 | € 3,358,768 | ▼ 14% |
| Cash | € 13,487 | € 97,492 | € 17,463 | € 23,250 | ▲ 33% |
| Land & buildings | € 75,160 | € 58,468 | € 38,174 | € 23,095 | ▼ 40% |
| Retained profit | € -386,091 | € -708,313 | € -728,765 | € -719,630 | ▲ € 9,135 |
| Bank debt | € 1,975,880 | € 2,521,120 | € 1,922,592 | € 1,441,438 | ▼ 25% |
| Balance sheet total | € 5,922,155 | € 5,380,580 | € 4,760,645 | € 4,228,709 | ▼ 11% |
| Employees (FTE) | 69 | 66 | 60.2 | 56.3 | ▼ 3.9 |
Key figures of PEDEO, 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 PEDEO?
What happened at PEDEO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 9,135. Source: NBB ↗
- New establishment in Oudenaarde. KBO
- Start of the company according to the CBE. KBO
In short
From € 441,054 loss in 2022 to € 9,135 profit in 2025.
Paid € 7,550 in corporate taxes since 2022.
Best year ever: 2025, with € 9,135 profit.
Pays suppliers within 83 days on average.
Management
The stake of PICO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PEDEOBehind PEDEO is PICO BV. The shares are held by PICO (100%).
Establishments
Establishment units
Physical locations of this company
Westerring 25
9700 Oudenaarde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0443.950.093
- VAT number
- BE 0443.950.093
- Registered office
- Westerring 25, 9700 Oudenaarde
- Names & denominations
- PEDEO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 April 1991
- Peppol
- Active · Active since 16 Dec 2025
- Contact
- pedeo.be
- Activities · NACE
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