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 13 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PELGRIMS from Begijnendijk, company number BE0452223896, closed financial year 2025 with a result of € 85,718 after tax. For that financial year PELGRIMS recorded a gross margin of € 299,773 and equity of € 964,781. Compared with financial year 2024, the result moved from € 78,139 to € 85,718. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 964,781
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 85,718
▲ 10% vs 2024
Profit after tax over the fiscal year.
€ 34,864
▼ 4% 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 € 902,781.
Debts at end 2025
€ 2.6 million
▲ 73% vs 2024
€ 354,470 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 674
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 84,719
▲ 218% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 120,057 | € 179,063 | € 190,956 | € 299,773 | ▲ 57% |
| Profit after taxes | € 46,841 | € 37,855 | € 78,139 | € 85,718 | ▲ 10% |
| Equity | € 763,069 | € 800,924 | € 879,062 | € 964,781 | ▲ 10% |
| Total debts | € 3,483,855 | € 3,139,424 | € 3,040,793 | € 4,662,334 | ▲ 53% |
| Cash | € 145,696 | € 17,887 | € 36,413 | € 34,864 | ▼ 4% |
| Land & buildings | € 2,240,957 | € 2,174,944 | € 2,108,931 | € 2,723,192 | ▲ 29% |
| Retained profit | € 701,069 | € 738,924 | € 817,062 | € 902,781 | ▲ 10% |
| Bank debt | € 1,954,409 | € 1,736,444 | € 1,512,941 | € 2,623,038 | ▲ 73% |
| Balance sheet total | € 4,288,189 | € 3,980,324 | € 3,958,542 | € 5,664,512 | ▲ 43% |
Key figures of PELGRIMS, 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 PELGRIMS?
What happened at PELGRIMS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Philip De Nayer stepped down as director. NBB
- Timothy Tock stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 85,718 (▲ 10% vs 2024). Source: NBB ↗
- Philip De Nayer became a director. NBB
- Timothy Tock became a director. NBB
- New establishment in Begijnendijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 46,841 profit in 2022 to € 85,718 profit in 2025.
Paid € 69,101 in corporate taxes since 2022.
Best year ever: 2025, with € 85,718 profit.
Management
Directors
According to the 2025 annual accounts
since 2012 · until 2030
Timothy Tock
Managing director
Also active at: DRANKENHANDEL GERTO, A. PELGRIMS en CIE, SCHALIENHUYS
since 2012 · until 2030
Establishments
Establishment units
Physical locations of this company
Mechelbaan 152
3130 Begijnendijk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0452.223.896
- VAT number
- BE 0452.223.896
- Registered office
- Mechelbaan 152, 3130 Begijnendijk
- Names & denominations
- PELGRIMS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 February 1994
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen