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.
Financials
Financial year 2025
PEGARD PRODUCTICS from Andenne, company number BE0452816091, closed financial year 2025 with a result of € -211,764 after tax. For that financial year PEGARD PRODUCTICS recorded revenue of € 2.4 million and equity of € 356,391. Compared with financial year 2024, the result moved from € -60,799 to € -211,764. The company made a loss. 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 29, 2026.
€ 356,391
▲ 284% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -211,764
▼ 248 % more loss than in 2024
Profit after tax over the fiscal year.
€ 59,330
▼ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -203,323.
People and assets in 2025
17.6
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▲ 2% vs 2024
€ 67,800 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.
€ 4,212
▲ 83% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 155,999
▲ 100% vs 2024
Loans from banks and other lenders, long and short.
€ 645,363
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 232,643
▲ 15% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 2,276,701 | € 2,263,757 | € 2,605,123 | € 2,432,484 | ▼ 7% |
| Gross margin | € 972,931 | € 1,271,856 | € 1,278,729 | € 1,289,836 | ▲ 1% |
| Profit after taxes | € 4,646 | € -148,513 | € -60,799 | € -211,764 | ▼ € 150,964 |
| Equity | € 344,815 | € 196,302 | € 92,859 | € 356,391 | ▲ 284% |
| Total debts | € 1,593,289 | € 1,346,895 | € 1,981,393 | € 2,329,529 | ▲ 18% |
| Cash | € 101,481 | € 91,269 | € 90,769 | € 59,330 | ▼ 35% |
| Retained profit | € -1,032,311 | € -1,180,824 | € -1,241,624 | € -203,323 | ▲ € 1 million |
| Bank debt | € 155,182 | € 155,688 | € 77,961 | € 155,999 | ▲ 100% |
| Balance sheet total | € 1,938,104 | € 1,543,196 | € 2,074,253 | € 2,685,921 | ▲ 29% |
| Employees (FTE) | 17.8 | 16.9 | 18 | 17.6 | ▼ 0.4 |
Key figures of PEGARD PRODUCTICS, 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 PEGARD PRODUCTICS?
What happened at PEGARD PRODUCTICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- André BERTIN stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 211,764. Source: NBB ↗
- DELTA T stepped down as director. NBB
- Emmanuel FROIDBISE stepped down as director. NBB
- Claude FROIDBISE stepped down as director. NBB
- André BERTIN became a director. NBB
- DELTA T became a director. NBB
- Emmanuel FROIDBISE became a director. NBB
In short
From € 4,646 profit in 2022 to € 211,764 loss in 2025.
Paid € 1,745 in corporate taxes since 2022.
Best year ever: 2022, with € 4,646 profit.
On average € 73,300 of value added per employee in 2025.
Management
The stake of Ogepar comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PEGARD PRODUCTICSThe shares are held by Ogepar (100%).
Directors
According to the 2025 annual accounts
Director · represented by Tim BERCKMOES
Also active at: ABC CONTRACTING, Constructiewerkhuizen E. Van Wingen, PTVL, Anglo Belgian Corporation, TOELEVERINGSBEDRIJF VAN LANDUYT, IMMODEG, BALLIU MACHINE TOOL CORPORATION, be Hydro +1 more
since 2023 · until 2026
Emmanuel FROIDBISE
Director
Also active at: ELAIS IMMO, ABC CONTRACTING, Constructiewerkhuizen E. Van Wingen, Anglo Belgian Corporation, IMMODEG, BALLIU MACHINE TOOL CORPORATION, SOCIETE IMMOBILIERE DE HALTINNE
since 2023 · until 2026
Claude FROIDBISE
Chairman of the board
since 2023 · until 2026
André BERTIN
Director
since 2024 · until 2027
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue Reine Elisabeth 59
5300 Andenne
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0452.816.091
- VAT number
- BE 0452.816.091
- Registered office
- Avenue Reine Elisabeth 59, 5300 Andenne
- Names & denominations
- PEGARD PRODUCTICS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 May 1994
- Peppol
- Active · Active since 4 Jan 2026
- Contact
- [email protected]
- Activities · NACE
Verspanend bewerken van metalen
Vervaardiging van elektrisch handgereedschap
Vervaardiging van door een ingebouwde motor of pneumatisch aangedreven draagbaar handgereedschap
Overige bouwinstallatie
Bouw van civieltechnische werken voor elektriciteit en telecommunicatie
Aanleg van pijpleidingen, telecommunicatieleidingen en hoogspanningsleidingen
Overige bouwinstallatie, n.e.g.