Active · per the CBE, 17 September 2026
PAEPSEM logo

PAEPSEM

BE0450972301

Rechtspersoon Public limited company 1 establishment

PAEPSEM is a property company in Gent. Public Limited, started on 28 September 1993, 1 establishment.

Zuiderlaan 1-3 box 1, 9000 Gent respireclinic.be

Behind the company: License to Construct.

Active for

32 year, 11 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Two loss years in a row NBB

    Negative result in 2024 and 2025.

  • Busy address KBO

    21 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

PAEPSEM from Gent, company number BE0450972301, closed financial year 2025 with a result of € -796,527 after tax. For that financial year PAEPSEM recorded revenue of € 788,648 and equity of € 7.9 million. Compared with financial year 2024, the result moved from € -463,907 to € -796,527. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 16, 2026.

What it is worth Healthy

€ 7.9 million

▼ 12% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -796,527

▼ 72 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 38,862

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -1.8 million.

Debts at end 2025

Bank debt ≈ 12 years to go

€ 4.4 million

▼ 3% vs 2024

€ 367,323 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.

Owed to suppliers

€ 805,072

▲ 79% vs 2024

Supplier invoices still open on the last day of the fiscal year.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue - € 1,173,880 € 771,360 € 788,648 ▲ 2%
Gross margin € 849,070 € 852,632 € 542,141 € 409,495 ▼ 24%
Profit after taxes € 95,733 € -6,187 € -463,907 € -796,527 ▼ € 332,620
Equity € 10,217,984 € 10,040,234 € 8,978,342 € 7,888,025 ▼ 12%
Total debts € 5,340,839 € 4,675,266 € 4,963,267 € 5,216,630 ▲ 5%
Cash € 52,590 € 15,842 - € 38,862
Land & buildings € 13,268,245 € 12,647,664 € 11,620,314 € 10,834,454 ▼ 7%
Retained profit € -1,296,873 € -1,060,093 € -1,300,686 € -1,828,694 ▼ € 528,008
Bank debt € 5,194,157 € 4,576,603 € 4,509,772 € 4,354,747 ▼ 3%
Balance sheet total € 15,558,822 € 14,725,500 € 14,159,821 € 13,651,904 ▼ 4%

Key figures of PAEPSEM, 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 PAEPSEM?

What happened at PAEPSEM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: loss of € 796,527. Source: NBB ↗
  • License to Construct became a director. NBB
  • New establishment in Gent. KBO
  • Start of the company according to the CBE. KBO

In short

From € 95,733 profit in 2022 to € 796,527 loss in 2025.

Best year ever: 2022, with € 95,733 profit.

Management

PAEPSEM

Behind PAEPSEM is License to Construct. The shares are held by License to Construct (100%).

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Directors

According to the 2025 annual accounts

License to Construct

Director · represented by Gaëtan Vermeire

Also active at: DE COLVENAER, KONTICH GROND, FIT CAPITAL PARTNERS, KONTICH LEASEHOLD

since 2020

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Zuiderlaan 1-3 box 1

9000 Gent

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

Technologies

Contact Form 7CookieYesGoogle AnalyticsNginxPHPWordPressYoast SEOlazysizesreCAPTCHA

Certifications & Partners

RIZIV

Hosting & Email

Email provider

Microsoft 365

Hosting

GOOGLE-CLOUD-PLATFORM - Google LLC, US

Website info

HTTPS Ja
Languages NL
Copyright 2026

Features

Webshop

Security

HTTPS
SPF
DMARC

Details

Company number
0450.972.301
VAT number
BE 0450.972.301
Registered office
Zuiderlaan 1-3 bus 1, 9000 Gent
Names & denominations
PAEPSEM
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
28 September 1993
Peppol
Active · Active since 20 Nov 2020
Activities · NACE

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Verhuur en exploitatie van terreinen

Frequently asked questions

What does PAEPSEM do?
PAEPSEM is a property company in Gent. Public Limited, started on 28 September 1993, 1 establishment.
What is the address of PAEPSEM?
The registered office of PAEPSEM is located at Zuiderlaan 1-3 box 1, 9000 Gent.
Is PAEPSEM still active?
Yes. According to the CBE (17 September 2026) PAEPSEM is active, legal situation “Normale toestand”, started on 28 September 1993.
Is PAEPSEM registered on Peppol?
Yes, PAEPSEM is registered on the Peppol network with ID 0208:0450972301.
What is the enterprise number of PAEPSEM?
The enterprise number of PAEPSEM is BE0450972301.
When was PAEPSEM founded?
PAEPSEM was founded on 28 September 1993.