Financials
Financial year 2025
PACOO from Knokke-Heist, company number BE0459505826, closed financial year 2025 with a result of € 214,990 after tax. For that financial year PACOO recorded a gross margin of € 443,945 and equity of € 580,485. Compared with financial year 2024, the result moved from € 150,481 to € 214,990. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 3, 2026.
€ 580,485
▲ 39% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 214,990
▲ 43% vs 2024
Profit after tax over the fiscal year.
€ 287,675
▼ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 53,153 paid out
25 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 98,241
▼ 19% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 387
▼ 64% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 528,066
▼ 22% vs 2024
€ 150,109 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 78,655
▲ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 48,515
▼ 10% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 262,707 | € 397,334 | € 421,567 | € 443,945 | ▲ 5% |
| Profit after taxes | € 53,153 | € 110,110 | € 150,481 | € 214,990 | ▲ 43% |
| Equity | € 158,057 | € 268,167 | € 418,648 | € 580,485 | ▲ 39% |
| Total debts | € 1,044,717 | € 910,789 | € 790,626 | € 705,340 | ▼ 11% |
| Cash | € 628,866 | € 245,312 | € 299,978 | € 287,675 | ▼ 4% |
| Land & buildings | € 389,889 | € 342,259 | € 289,684 | € 237,109 | ▼ 18% |
| Retained profit | € 96,057 | € 206,167 | € 356,648 | € 518,485 | ▲ 45% |
| Dividend | € 0 | € 0 | € 0 | € 53,153 | |
| Bank debt | € 962,028 | € 820,034 | € 675,402 | € 528,066 | ▼ 22% |
| Balance sheet total | € 1,202,775 | € 1,178,956 | € 1,209,274 | € 1,285,824 | ▲ 6% |
Key figures of PACOO, 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 PACOO?
What happened at PACOO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Nicolas Coorevits stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 214,990 (▲ 43% vs 2024). Source: NBB ↗
- New establishment in Maldegem. KBO
- Nicolas Coorevits became a director. NBB
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 53,153 profit in 2022 to € 214,990 profit in 2025.
Paid € 257,366 in corporate taxes since 2022.
Best year ever: 2025, with € 214,990 profit.
Paid out € 53,153 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Nicolas Coorevits
Director
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Lippenslaan 113
8300 Knokke-Heist
Torredreef 1
9990 Maldegem
Active since 17 December 2025
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0459.505.826
- VAT number
- BE 0459.505.826
- Registered office
- Lippenslaan 113, 8300 Knokke-Heist
- Names & denominations
- PACOO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 December 1996
- Peppol
- Active · Active since 13 Nov 2025
- Activities · NACE
Detailhandel in farmaceutische producten
Apothekers
Gites, vakantiewoningen en -appartementen