Active · per the CBE, 16 September 2026

PIGMENT

BE0475911197

Rechtspersoon Private limited company 1 establishment

PIGMENT is a painting contractor in Zottegem. Private Limited, started on 22 October 2001, 1 establishment.

Meengracht 12, 9620 Zottegem

Behind the company: Joost Vermassen.

Active for

24 year, 10 months

Financials

Financial year 2025

PIGMENT from Zottegem, company number BE0475911197, closed financial year 2025 with a result of € 143,249 after tax. For that financial year PIGMENT recorded a gross margin of € 568,231 and equity of € 199,424. Compared with financial year 2024, the result moved from € -203,533 to € 143,249. 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 August 31, 2026.

What it is worth Growing

€ 199,424

▲ 255% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 143,249

▲ still € 203,533 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 45,205

▼ 61% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 180,824.

People and assets in 2025

Full-time equivalents

7.3

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 290,226

▼ 28% vs 2024

€ 39,800 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.

Vehicles and equipment

€ 48,502

▼ 53% vs 2024

Of which on lease € 26,026.

Debts at end 2025

Bank debt ≈ 7 years to go

€ 172,799

▼ 70% vs 2024

€ 25,951 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 56,001

▼ 70% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 1,746

▼ 87% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 812,832 € 629,095 € 337,542 € 568,231 ▲ 68%
Profit after taxes € 15,486 € 3,396 € -203,533 € 143,249 ▲ € 346,782
Equity € 256,311 € 259,708 € 56,175 € 199,424 ▲ 255%
Total debts € 1,597,533 € 1,306,139 € 1,014,462 € 447,747 ▼ 56%
Cash € 75,858 € 47,954 € 115,107 € 45,205 ▼ 61%
Land & buildings € 683,553 € 675,287 € 288,125 € 146,768 ▼ 49%
Retained profit € 237,711 € 241,108 € 37,575 € 180,824 ▲ € 143,249
Bank debt € 932,239 € 880,699 € 576,440 € 172,799 ▼ 70%
Balance sheet total € 1,853,845 € 1,565,847 € 1,070,637 € 647,172 ▼ 40%
Employees (FTE) 11.9 8.7 7.3 7.3

Key figures of PIGMENT, 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 PIGMENT?

What happened at PIGMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 143,249. filed late Source: NBB ↗
  • New establishment in Zottegem. KBO
  • Start of the company according to the CBE. KBO

In short

From € 15,486 profit in 2022 to € 143,249 profit in 2025.

Paid € 12,538 in corporate taxes since 2022.

Best year ever: 2025, with € 143,249 profit.

On average € 77,800 of value added per employee in 2025.

Management

Joost Vermassen
PIGMENT

Behind PIGMENT is Joost Vermassen.

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Directors

According to the 2025 annual accounts

Joost Vermassen

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Meengracht 12

9620 Zottegem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0475.911.197
VAT number
BE 0475.911.197
Registered office
Meengracht 12, 9620 Zottegem
Names & denominations
PIGMENT
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
22 October 2001
Peppol
Active · Active since 1 Jan 2001
Activities · NACE

Schilderen van gebouwen

Schilderen

Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen

Plaatsen van vloerbedekking en wandbekleding van hout

Plaatsen van behang

Plaatsen van vloerbedekking van hout of andere materialen

Frequently asked questions

What does PIGMENT do?
PIGMENT is a painting contractor in Zottegem. Private Limited, started on 22 October 2001, 1 establishment.
What is the address of PIGMENT?
The registered office of PIGMENT is located at Meengracht 12, 9620 Zottegem.
Is PIGMENT still active?
Yes. According to the CBE (16 September 2026) PIGMENT is active, legal situation “Normale toestand”, started on 22 October 2001.
Is PIGMENT registered on Peppol?
Yes, PIGMENT is registered on the Peppol network with ID 0208:0475911197.
What is the enterprise number of PIGMENT?
The enterprise number of PIGMENT is BE0475911197.
When was PIGMENT founded?
PIGMENT was founded on 22 October 2001.