Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 17.8 to 8.5.
Financials
Financial year 2025
Pain perdu from Gent, company number BE0444037591, closed financial year 2025 with a result of € 75,216 after tax. For that financial year Pain perdu recorded a gross margin of € 581,081 and equity of € 22,841. Compared with financial year 2024, the result moved from € -15,440 to € 75,216. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 18, 2026.
€ 22,841
▲ 200% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 75,216
▲ still € 15,440 loss in 2024
Profit after tax over the fiscal year.
€ 94,704
▲ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 60,000 paid out
80 % of the profit went to the shareholders, mostly to Cleuren (100 % of the shares). That is where the money ends up.
People and assets in 2025
8.5
▼ 3.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 459,246
▼ 9% vs 2024
€ 54,000 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.
€ 3,085
▼ 57% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 53,645
▼ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 66,123
▼ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 500,887 | € 504,713 | € 518,052 | € 581,081 | ▲ 12% |
| Profit after taxes | € 48,047 | € 8,392 | € -15,440 | € 75,216 | ▲ € 90,657 |
| Equity | € 62,173 | € 23,065 | € 7,625 | € 22,841 | ▲ 200% |
| Total debts | € 186,258 | € 196,072 | € 181,831 | € 181,784 | |
| Cash | € 70,591 | € 109,996 | € 65,709 | € 94,704 | ▲ 44% |
| Land & buildings | € 8,407 | € 9,077 | € 13,714 | € 12,109 | ▼ 12% |
| Retained profit | € 39,550 | € 442 | € -14,998 | € 218 | ▲ € 15,216 |
| Dividend | € 78,000 | € 47,500 | € 0 | € 60,000 | |
| Balance sheet total | € 248,431 | € 219,137 | € 189,456 | € 204,625 | ▲ 8% |
| Employees (FTE) | 17.7 | 17.8 | 12.4 | 8.5 | ▼ 3.9 |
Key figures of Pain perdu, 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 Pain perdu?
What happened at Pain perdu in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 75,216. Source: NBB ↗
- Cleuren BV became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 48,047 profit in 2022 to € 75,216 profit in 2025.
Paid € 58,399 in corporate taxes since 2022.
Best year ever: 2025, with € 75,216 profit.
On average € 68,400 of value added per employee in 2025.
Management
The stake of Cleuren comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Pain perduBehind Pain perdu is Cleuren BV. The shares are held by Cleuren (100%).
Directors
According to the 2025 annual accounts
Director · represented by Cleuren Eva
since 2019
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Walpoortstraat 9
9000 Gent
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.
Details
- Company number
- 0444.037.591
- VAT number
- BE 0444.037.591
- Registered office
- Walpoortstraat 9, 9000 Gent
- Names & denominations
- Pain perdu
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 May 1991
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Fastfoodzaken, snackbars, frituren en dergelijke
Activiteiten van eetgelegenheden met volledige bediening
Detailhandel in brood-, banketbakkerswerk en suikerwerk
Eetgelegenheden met beperkte bediening
Eetgelegenheden met volledige bediening
Cateringdiensten op contractbasis en overige diensten in verband met maaltijden
Detailhandel in brood en banketbakkerswerk (koude bakkers)
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