Financials
Financial year 2025
PIVAN from Waregem, company number BE0466322946, closed financial year 2025 with a result of € 579,229 after tax. For that financial year PIVAN recorded a gross margin of € 1.5 million and equity of € 8 million. Compared with financial year 2024, the result moved from € 512,070 to € 579,229. 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 April 30, 2026.
€ 8 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 579,229
▲ 13% vs 2024
Profit after tax over the fiscal year.
€ 1.1 million
▲ 98% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 200,000 paid out
35 % of the profit went to the shareholders, mostly to NEW PIVAN (100 % of the shares). That is where the money ends up.
People and assets in 2025
6.1
▲ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 676,077
▲ 19% vs 2024
€ 110,800 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 181,367
▲ € 153,804 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 99,847
▲ 63% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,040,242 | € 1,092,634 | € 1,253,712 | € 1,452,796 | ▲ 16% |
| Profit after taxes | € 3,787,506 | € 3,427,169 | € 512,070 | € 579,229 | ▲ 13% |
| Equity | € 6,615,390 | € 10,021,659 | € 7,683,730 | € 8,043,009 | ▲ 5% |
| Total debts | € 765,329 | € 168,312 | € 292,965 | € 509,207 | ▲ 74% |
| Cash | € 433,307 | € 606,375 | € 572,015 | € 1,134,314 | ▲ 98% |
| Land & buildings | € 1,168,674 | € 1,123,450 | € 1,078,226 | € 1,033,002 | ▼ 4% |
| Retained profit | € 6,136,565 | € 9,542,834 | € 7,204,905 | € 7,564,184 | ▲ 5% |
| Dividend | € 4,150,000 | € 0 | € 2,850,000 | € 200,000 | ▼ 93% |
| Balance sheet total | € 7,380,719 | € 10,189,972 | € 7,976,694 | € 8,552,217 | ▲ 7% |
| Employees (FTE) | 5.7 | 5 | 5 | 6.1 | ▲ 1.1 |
By gross margin, PIVAN ranks 6th of 34 companies with main activity “Groothandel in metalen en metaalertsen” in West Flanders that publish figures (fiscal year 2025).
Key figures of PIVAN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
Ask about PIVAN the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to PIVAN?
What happened at PIVAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 579,229 (▲ 13% vs 2024). Source: NBB ↗
- Arne Van Damme became a director. NBB
- NEW PIVAN NV became a director. NBB
- Lode Van Damme became a director. NBB
- Ignace Van Damme became a director. NBB
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 3.8 million profit in 2022 to € 579,229 profit in 2025.
Paid € 482,329 in corporate taxes since 2022.
Best year ever: 2022, with € 3.8 million profit.
On average € 238,200 of value added per employee in 2025.
Management
The stake of NEW PIVAN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PIVANBehind PIVAN are NEW PIVAN NV, Lode Van Damme, Ignace Van Damme and Arne Van Damme. The shares are held by NEW PIVAN (100%). It owns 100% of Firma Van Damme NV and 100% of Kranzle Belgium itself.
Directors
According to the 2025 annual accounts
Director · represented by Van Damme Pieter
Also active at: FIRMA VAN DAMME, Kränzle Belgium
since 2022
since 2022
Ignace Van Damme
Director
since 2022
since 2024
Shareholders
100%
Participations
100%
100%
Establishments
Establishment units
Physical locations of this company
Maalbeekstraat 4
8790 Waregem
Lindestraat 26
8790 Waregem
Active since 3 September 1999
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
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Details
- Company number
- 0466.322.946
- VAT number
- BE 0466.322.946
- Registered office
- Maalbeekstraat 4, 8790 Waregem
- Names & denominations
- PIVAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 June 1999
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
Groothandel in metalen en metaalertsen
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