Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PGE2 from Liège, company number BE0527991289, closed financial year 2025 with a result of € -38,473 after tax. For that financial year PGE2 recorded a gross margin of € 248,883 and equity of € -150,469. Compared with financial year 2024, the result moved from € -58,374 to € -38,473. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 23, 2026.
€ -150,469
▼ € 38,473 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -38,473
▲ 34 % less loss than in 2024
Profit after tax over the fiscal year.
€ 2,682
▼ 92% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -309,069.
People and assets in 2025
5.3
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 168,886
▼ 48% vs 2024
€ 31,900 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.
€ 668
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 115,267
▼ 46% vs 2024
€ 61,581 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 30,634
▼ 59% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 55,630
▼ 53% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 347,773 | € 302,597 | € 463,119 | € 248,883 | ▼ 46% |
| Profit after taxes | € 117,038 | € -20,813 | € -58,374 | € -38,473 | ▲ € 19,902 |
| Equity | € -32,808 | € -53,622 | € -111,996 | € -150,469 | ▼ € 38,473 |
| Total debts | € 577,599 | € 619,538 | € 660,099 | € 387,176 | ▼ 41% |
| Cash | € 41,241 | € 5,323 | € 32,169 | € 2,682 | ▼ 92% |
| Retained profit | € -191,408 | € -212,222 | € -270,596 | € -309,069 | ▼ € 38,473 |
| Bank debt | € 49,164 | € 287,807 | € 212,626 | € 115,267 | ▼ 46% |
| Balance sheet total | € 544,791 | € 565,916 | € 548,103 | € 236,707 | ▼ 57% |
| Employees (FTE) | 3.7 | 5.4 | 5.4 | 5.3 | ▼ 0.1 |
Key figures of PGE2, fiscal years 2021 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 PGE2?
What happened at PGE2 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 38,473. Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Liège. KBO
In short
From € 117,038 profit in 2021 to € 38,473 loss in 2025.
Best year ever: 2021, with € 117,038 profit.
On average € 47,000 of value added per employee in 2025.
A new publication or filing at PGE2? We notify you, reason included.
Follow PGE2Databakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
The stake of Pharmacies GOFFIN, Pharmacie de Bavière, Nicolas PUTOIS, GOFFIN F.R. MANAGEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PGE2Behind PGE2 are PHARMACIE DE BAVIERE SA and PHARMACIES GOFFIN SA. The shares are held by Pharmacies GOFFIN (50%), Pharmacie de Bavière (50%), Nicolas PUTOIS and GOFFIN F.R. MANAGEMENT.
Directors
According to the 2025 annual accounts
Director · represented by Nicolas SRL Nicolas PUTOIS représentée par PUTOIS
Director · represented by François-Régis SRL GOFFIN F.R. Management représentée par GOFFIN
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de Herve 507
4030 Liège
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
- 0527.991.289
- VAT number
- BE 0527.991.289
- Registered office
- Rue de Herve 507, 4030 Liège
- Names & denominations
- PGE2
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 April 2013
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
Uitgeven van overige software
Overige niet-gespecialiseerde detailhandel
Detailhandel via postorderbedrijven of via internet