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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PAINT SERVICE from Gent, company number BE0480099025, closed financial year 2025 with a result of € 151,289 after tax. For that financial year PAINT SERVICE recorded a gross margin of € 11,384 and equity of € 279,432. Compared with financial year 2024, the result moved from € 105,529 to € 151,289. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 5, 2025.
€ 279,432
▼ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 151,289
▲ 43% vs 2024
Profit after tax over the fiscal year.
€ 59,173
▼ 36% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 200,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 115,113
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 550
▼ 96% 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 | € 52,628 | € 79,477 | € 83,576 | € 11,384 | ▼ 86% |
| Profit after taxes | € 30,125 | € 51,900 | € 105,529 | € 151,289 | ▲ 43% |
| Equity | € 222,614 | € 222,614 | € 328,143 | € 279,432 | ▼ 15% |
| Total debts | € 256,759 | € 257,444 | € 221,016 | € 223,896 | ▲ 1% |
| Cash | € 77,971 | € 74,566 | € 91,975 | € 59,173 | ▼ 36% |
| Retained profit | € 195,614 | € 195,614 | € 301,143 | € 252,432 | ▼ 16% |
| Dividend | € 0 | € 51,900 | € 0 | € 200,000 | |
| Bank debt | € 36,964 | € 8,824 | € 3,811 | € 0 | ▼ 100% |
| Balance sheet total | € 479,373 | € 480,058 | € 549,158 | € 503,329 | ▼ 8% |
Key figures of PAINT SERVICE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to PAINT SERVICE?
What happened at PAINT SERVICE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 151,289 (▲ 43% vs 2024). Source: NBB ↗
- Peter Paul De Rycke became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
- Paul De Rycke became a director. NBB
In short
From € 30,125 profit in 2022 to € 151,289 profit in 2025.
Paid € 37,257 in corporate taxes since 2022.
Best year ever: 2025, with € 151,289 profit.
Paid out € 251,900 in dividends to the owners in total.
Management
Behind PAINT SERVICE are Peter Paul De Rycke and Paul De Rycke. It owns 100% of Port Service BV itself.
Directors
According to the 2025 annual accounts
since 2008
since 2003
Establishments
Establishment units
Physical locations of this company
Wiedauwkaai 64 box B
9000 Gent
Wiedauwkaai 64 B
9000 Gent
Active since 7 May 2003
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0480.099.025
- VAT number
- BE 0480.099.025
- Registered office
- Wiedauwkaai 64 bus B, 9000 Gent
- Names & denominations
- PAINT SERVICE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 April 2003
- Peppol
- Active · Active since 10 Jul 2025
- Activities · NACE
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