Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2024; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 13 to 10.8.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
PDK FINISHING from Avelgem, company number BE0501560571, closed financial year 2024 with a result of € -36,403 after tax. For that financial year PDK FINISHING recorded a gross margin of € 288,103 and equity of € 59,648. Compared with financial year 2023, the result moved from € 53,414 to € -36,403. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2025.
€ 59,648
▼ 38% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -36,403
▼ still € 53,414 profit in 2023
Profit after tax over the fiscal year.
€ 24,412
▲ 66% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 41,098.
People and assets in 2024
10.8
▼ 0.8 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 278,272
▼ 11% vs 2023
€ 25,800 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.
€ 17,033
▼ 24% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 68,737
▼ 2% vs 2023
Loans from banks and other lenders, long and short.
€ 199,266
▲ 36% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 227,915
▲ 55% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 572,200 | € 306,471 | € 431,813 | € 288,103 | ▼ 33% |
| Profit after taxes | € 46,390 | € -43,713 | € 53,414 | € -36,403 | ▼ € 89,818 |
| Equity | € 86,350 | € 42,637 | € 96,051 | € 59,648 | ▼ 38% |
| Total debts | € 394,573 | € 297,911 | € 411,234 | € 536,775 | ▲ 31% |
| Cash | € 31,015 | € 9,180 | € 14,713 | € 24,412 | ▲ 66% |
| Land & buildings | € 5,475 | € 2,576 | € 846 | € 564 | ▼ 33% |
| Retained profit | € 67,800 | € 24,087 | € 77,501 | € 41,098 | ▼ 47% |
| Bank debt | € 64,533 | € 68,710 | € 70,006 | € 68,737 | ▼ 2% |
| Balance sheet total | € 480,923 | € 340,548 | € 507,285 | € 596,423 | ▲ 18% |
| Employees (FTE) | 13.5 | 13 | 11.6 | 10.8 | ▼ 0.8 |
Key figures of PDK FINISHING, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to PDK FINISHING?
What happened at PDK FINISHING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
PDK FINISHING is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 36,403 (▼ € 89,818 vs 2023). filed late Source: NBB ↗
- New establishment in Avelgem. KBO
- Kurt Pattyne became a director. NBB
- Dirk Pattyne became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 46,390 profit in 2021 to € 36,403 loss in 2024.
Paid € 38,372 in corporate taxes since 2021.
Best year ever: 2023, with € 53,414 profit.
On average € 26,700 of value added per employee in 2024.
Management
Behind PDK FINISHING are Kurt Pattyne and Dirk Pattyne. The same people are also behind WEVERIJ DEWEER and DK Energy.
Directors
According to the 2024 annual accounts
since 2012
since 2012
Establishments
Establishment units
Physical locations of this company
Meersstraat 43
8580 Avelgem
Meersstraat 45
8580 Avelgem
Active since 4 December 2012
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0501.560.571
- VAT number
- BE 0501.560.571
- Registered office
- Meersstraat 43, 8580 Avelgem
- Names & denominations
- PDK FINISHING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 1 November 2012
- Peppol
- Active · Active since 2 Nov 2024
- Activities · NACE
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