Financials
Financial year 2025
PICTON & C° from Philippeville, company number BE0477183877, closed financial year 2025 with a result of € 26,467 after tax. For that financial year PICTON & C° recorded a gross margin of € 61,515 and equity of € 217,296. Compared with financial year 2024, the result moved from € 21,481 to € 26,467. 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 August 28, 2026.
€ 217,296
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 26,467
▲ 23% vs 2024
Profit after tax over the fiscal year.
€ 103,445
▲ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 204,896.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 3,784
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 66,959
▼ 16% vs 2024
€ 12,789 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 8,373
▼ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,750
▲ 14% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 56,477 | € 61,064 | € 53,849 | € 61,515 | ▲ 14% |
| Profit after taxes | € 21,408 | € 26,377 | € 21,481 | € 26,467 | ▲ 23% |
| Equity | € 145,351 | € 169,348 | € 190,829 | € 217,296 | ▲ 14% |
| Total debts | € 143,856 | € 123,798 | € 107,606 | € 97,141 | ▼ 10% |
| Cash | € 63,701 | € 72,273 | € 88,881 | € 103,445 | ▲ 16% |
| Land & buildings | € 165,204 | € 159,884 | € 154,564 | € 149,244 | ▼ 3% |
| Retained profit | € 132,951 | € 156,948 | € 178,429 | € 204,896 | ▲ 15% |
| Dividend | € 5,000 | € 2,380 | € 0 | € 0 | |
| Bank debt | € 103,617 | € 91,673 | € 79,460 | € 66,959 | ▼ 16% |
| Balance sheet total | € 289,207 | € 293,146 | € 298,434 | € 314,437 | ▲ 5% |
Key figures of PICTON & C°, 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 PICTON & C°?
What happened at PICTON & C° in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 26,467 (▲ 23% vs 2024). filed late Source: NBB ↗
- New establishment in Philippeville. KBO
- Start of the company according to the CBE. KBO
- Luc MICHEL became a director. NBB
In short
From € 21,408 profit in 2022 to € 26,467 profit in 2025.
Paid € 57,368 in corporate taxes since 2022.
Best year ever: 2025, with € 26,467 profit.
Paid out € 7,380 in dividends to the owners in total.
Management
Behind PICTON & C° is Luc MICHEL.
Directors
According to the 2025 annual accounts
Luc MICHEL
Director
since 2002
Establishments
Establishment units
Physical locations of this company
Rue Notre Dame(SEF) 81
5600 Philippeville
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0477.183.877
- VAT number
- BE 0477.183.877
- Registered office
- Rue Notre Dame(SEF) 81, 5600 Philippeville
- Names & denominations
- PICTON & C°
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 April 2002
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
Activiteiten van (gecertificeerde) (fiscaal) accountants
Belastingconsulenten