Warning lights
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 19 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PORC@ from Pittem, company number BE0525941918, closed financial year 2025 with a result of € 171,266 after tax. For that financial year PORC@ recorded a gross margin of € 1.1 million and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 385,344 to € 171,266. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ 1.7 million
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 171,266
▼ 56% vs 2024
Profit after tax over the fiscal year.
€ 78,049
▼ 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 € 564,140.
People and assets in 2025
6.2
Average over the fiscal year, from the social balance sheet.
€ 466,655
▲ 3% vs 2024
€ 75,300 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.
Debts at end 2025
€ 2.2 million
▼ 15% vs 2024
€ 578,861 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 933,240
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 81,381
▲ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 583,395 | € 891,087 | € 1,268,927 | € 1,112,598 | ▼ 12% |
| Profit after taxes | € -201,358 | € 34,167 | € 385,344 | € 171,266 | ▼ 56% |
| Equity | € 1,098,362 | € 1,132,529 | € 1,517,874 | € 1,689,140 | ▲ 11% |
| Total debts | € 5,457,443 | € 5,175,341 | € 4,230,453 | € 3,806,304 | ▼ 10% |
| Cash | € 72,326 | € 31,398 | € 93,024 | € 78,049 | ▼ 16% |
| Land & buildings | € 4,654,784 | € 4,414,796 | € 4,097,883 | € 3,783,680 | ▼ 8% |
| Retained profit | € -26,638 | € 7,529 | € 392,874 | € 564,140 | ▲ 44% |
| Bank debt | € 3,217,571 | € 3,032,063 | € 2,571,582 | € 2,180,174 | ▼ 15% |
| Balance sheet total | € 6,740,231 | € 6,479,890 | € 5,907,941 | € 5,642,653 | ▼ 4% |
| Employees (FTE) | 5.1 | 5.6 | 6.2 | 6.2 |
Key figures of PORC@, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to PORC@?
What happened at PORC@ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 171,266 (▼ 56% vs 2024). Source: NBB ↗
- New establishment in Pittem. KBO
- New establishment in Pittem. KBO
- Start of the company according to the CBE. KBO
In short
From € 201,358 loss in 2022 to € 171,266 profit in 2025.
Paid € 82,927 in corporate taxes since 2022.
Best year ever: 2024, with € 385,344 profit.
On average € 179,500 of value added per employee in 2025.
Management
The stake of AGS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PORC@Behind PORC@ are BRABANT RUBEN BV, 'T WIELTJE CommV and AGS BV. The shares are held by AGS (66.7%).
Directors
According to the 2025 annual accounts
Shareholders
66.7%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vijfstraat 8
8740 Pittem
Braamstraat 2
8740 Pittem
Active since 14 May 2013
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0525.941.918
- VAT number
- BE 0525.941.918
- Registered office
- Vijfstraat 8, 8740 Pittem
- Names & denominations
- PORC@
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 April 2013
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
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