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 11 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PERFECT WORKS from Waasmunster, company number BE0447348657, closed financial year 2025 with a result of € 17,703 after tax. For that financial year PERFECT WORKS recorded a gross margin of € 61,161 and equity of € 88,513. Compared with financial year 2024, the result moved from € -14,300 to € 17,703. 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 April 15, 2026.
€ 88,513
▲ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,703
▲ still € 14,300 loss in 2024
Profit after tax over the fiscal year.
€ 60,527
▲ 63% 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 € 68,513.
Debts at end 2025
€ 177,333
▼ 6% vs 2024
€ 10,774 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 1,491
▼ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,841
▲ 112% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -3,718 | € 21,594 | € 38,773 | € 61,161 | ▲ 58% |
| Profit after taxes | € -6,116 | € 3,137 | € -14,300 | € 17,703 | ▲ € 32,003 |
| Equity | € 81,973 | € 85,109 | € 70,810 | € 88,513 | ▲ 25% |
| Total debts | € 2,363 | € 890,896 | € 844,498 | € 826,831 | ▼ 2% |
| Cash | € 60,106 | € 44,841 | € 37,134 | € 60,527 | ▲ 63% |
| Land & buildings | - | € 887,967 | € 859,676 | € 831,385 | ▼ 3% |
| Retained profit | € 61,973 | € 65,109 | € 50,810 | € 68,513 | ▲ 35% |
| Bank debt | € 0 | € 397,585 | € 187,669 | € 177,333 | ▼ 6% |
| Balance sheet total | € 84,335 | € 976,005 | € 915,307 | € 915,344 |
Key figures of PERFECT WORKS, 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 PERFECT WORKS?
What happened at PERFECT WORKS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 17,703. Source: NBB ↗
- Lorenzo Stalpaert became a director. NBB
- New establishment in Waasmunster. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,116 loss in 2022 to € 17,703 profit in 2025.
Paid € 4,616 in corporate taxes since 2022.
Best year ever: 2025, with € 17,703 profit.
Management
Behind PERFECT WORKS is Lorenzo Stalpaert.
Directors
According to the 2025 annual accounts
Lorenzo Stalpaert
Director
since 2013
Establishments
Establishment units
Physical locations of this company
Hoogstraat 164
9250 Waasmunster
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0447.348.657
- VAT number
- BE 0447.348.657
- Registered office
- Hoogstraat 164, 9250 Waasmunster
- Names & denominations
- PERFECT WORKS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 May 1992
- Peppol
- Active · Active since 27 Jun 2025
- Activities · NACE
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