Financials
Financial year 2025
PAYNOVATE from Brussel, company number BE0506763929, closed financial year 2025 with a result of € 29,165 after tax. For that financial year PAYNOVATE recorded revenue of € 27.4 million and equity of € 2.7 million. Compared with financial year 2024, the result moved from € 203,557 to € 29,165. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 17, 2026.
€ 2.7 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 29,165
▼ 86% vs 2024
Profit after tax over the fiscal year.
€ 151.2 million
▲ 9% 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 € 1.6 million.
People and assets in 2025
24.7
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3 million
▼ 13% vs 2024
€ 122,300 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.
€ 95,968
▼ 45% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 10 million
▲ 54% vs 2024
€ 756,793 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 8.7 million
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 133 days on average.
€ 576,836
▲ 79% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 12,683,230 | € 22,663,456 | € 27,573,119 | € 27,420,362 | ▼ 1% |
| Profit after taxes | € 558,421 | € 646,581 | € 203,557 | € 29,165 | ▼ 86% |
| Equity | € 1,813,401 | € 2,459,982 | € 2,663,539 | € 2,692,704 | ▲ 1% |
| Total debts | € 35,512,653 | € 134,328,274 | € 158,343,020 | € 175,970,030 | ▲ 11% |
| Cash | € 27,396,683 | € 122,695,318 | € 138,314,112 | € 151,170,539 | ▲ 9% |
| Retained profit | € 703,727 | € 1,350,308 | € 1,553,865 | € 1,583,030 | ▲ 2% |
| Bank debt | € 373,100 | € 3,361,351 | € 6,510,614 | € 10,019,198 | ▲ 54% |
| Balance sheet total | € 37,520,918 | € 136,788,256 | € 161,006,559 | € 178,662,734 | ▲ 11% |
| Employees (FTE) | 21 | 22.6 | 25.6 | 24.7 | ▼ 0.9 |
Key figures of PAYNOVATE, 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 PAYNOVATE?
What happened at PAYNOVATE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Robert Masse stepped down as director. NBB
- Jean-Paul Rousseau stepped down as director. NBB
- Pierre-Alain Bache stepped down as director. NBB
- Sabrina Masse stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 29,165 (▼ 86% vs 2024). filed late Source: NBB ↗
- Robert Masse became a director. NBB
- Jean-Paul Rousseau became a director. NBB
- Pierre-Alain Bache became a director. NBB
In short
From € 558,421 profit in 2022 to € 29,165 profit in 2025.
Paid € 612,611 in corporate taxes since 2022.
Best year ever: 2023, with € 646,581 profit.
Pays suppliers within 133 days on average.
A new publication or filing at PAYNOVATE? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Sabrina Masse
Director
since 2021 · until 2027
Pierre-Alain Bache
Director
since 2023 · until 2029
Robert Masse
Managing director
Also active at: BELMATECH, GIFTIFY, Gobackup, MYBANX, PAYNOVATE GROUP, DIOXINK, GIFTIFY RESEARCH
since 2026 · until 2032
Jean-Paul Rousseau
Director
since 2026 · until 2032
Establishments
Establishment units
Physical locations of this company
Kantersteen 47
1000 Brussel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
CLOUDFLARESPECTRUM Cloudflare, Inc., US
DNS
Cloudflare DNS
Domain
Domain
paynovate.com
Registered
2011-06-22
Registrar
EuroDNS S.A.
Expires
2026-06-22
Website info
Features
Security
Network
Details
- Company number
- 0506.763.929
- VAT number
- BE 0506.763.929
- Registered office
- Kantersteen 47, 1000 Brussel
- Names & denominations
- PAYNOVATE · PNVT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 December 2014
- Peppol
- Active · Active since 18 Sept 2025
- Contact
- paynovate.com
- Activities · NACE
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