Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 1 to 0.4.
Financials
Financial year 2025
PIETER BREUGHEL from Kortrijk, company number BE0462018720, closed financial year 2025 with a result of € 381,480 after tax. For that financial year PIETER BREUGHEL recorded a gross margin of € 400,658 and equity of € 16.9 million. Compared with financial year 2024, the result moved from € 203,826 to € 381,480. 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 22, 2026.
€ 16.9 million
▲ 296% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 381,480
▲ 87% vs 2024
Profit after tax over the fiscal year.
€ 198,759
▲ 116% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 500,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
0.4
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 58,128
▲ 162% 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.
€ 54,138
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6.3 million
▼ 59% vs 2024
€ 816,149 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 58,670
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,018
▲ 65% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 802,483 | € 2,900,832 | € 891,481 | € 400,658 | ▼ 55% |
| Profit after taxes | € 274,710 | € 1,729,231 | € 203,826 | € 381,480 | ▲ 87% |
| Equity | € 2,333,433 | € 4,062,664 | € 4,266,490 | € 16,874,004 | ▲ 296% |
| Total debts | € 12,050,712 | € 15,079,199 | € 16,056,862 | € 6,768,062 | ▼ 58% |
| Cash | € 69,596 | € 47,037 | € 91,884 | € 198,759 | ▲ 116% |
| Land & buildings | € 7,826,984 | € 12,388,003 | € 13,203,963 | € 13,229,999 | |
| Retained profit | € 1,752,602 | € 3,481,834 | € 3,685,660 | € 13,079,611 | ▲ 255% |
| Dividend | € 0 | € 0 | € 0 | € 500,000 | |
| Bank debt | € 8,894,748 | € 11,251,760 | € 15,606,015 | € 6,336,080 | ▼ 59% |
| Balance sheet total | € 14,384,144 | € 19,658,646 | € 20,813,974 | € 24,106,527 | ▲ 16% |
| Employees (FTE) | 1 | 1 | 0.5 | 0.4 | ▼ 0.1 |
Key figures of PIETER BREUGHEL, 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 PIETER BREUGHEL?
What happened at PIETER BREUGHEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 381,480 (▲ 87% vs 2024). Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 274,710 profit in 2022 to € 381,480 profit in 2025.
Paid € 26,652 in corporate taxes since 2022.
Best year ever: 2023, with € 1.7 million profit.
On average € 2.9 million of value added per employee in 2023.
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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
The stake of Ockier Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PIETER BREUGHELBehind PIETER BREUGHEL is Kristien Bauwens. The shares are held by Ockier Holding (100%). It owns 99% of Avantime, 99% of Camino Verde, 50% of Re-Urban, 50% of Duinen Invest, 37.5% of Bright City and 25% of Zegemeer Invest itself.
Directors
According to the 2025 annual accounts
Shareholders
100%
Participations
99%
99%
50%
50%
37.5%
25%
25%
20%
20%
20%
15%
10%
10%
Establishments
Establishment units
Physical locations of this company
Groene Dreef(Rol) 52
8510 Kortrijk
Beneluxpark(Kor) 24
8500 Kortrijk
Active since 11 February 2000
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0462.018.720
- VAT number
- BE 0462.018.720
- Registered office
- Groene Dreef(Rol) 52, 8510 Kortrijk
- Names & denominations
- PIETER BREUGHEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 November 1997
- Peppol
- Active · Active since 30 Sept 2025
- Activities · NACE
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