Financials
Financial year 2025
PAYNATION from Aartselaar, company number BE0552869019, closed financial year 2025 with a result of € 75,199 after tax. For that financial year PAYNATION recorded a gross margin of € 195,446 and equity of € 125,271. Compared with financial year 2024, the result moved from € 350,223 to € 75,199. 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 July 28, 2026.
€ 125,271
▲ 150% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 75,199
▼ 79% vs 2024
Profit after tax over the fiscal year.
€ 202,941
▼ 41% 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 € -394,729.
People and assets in 2025
€ 110,532
▲ 5% vs 2024
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
€ 251,571
▼ 26% vs 2024
€ 90,485 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 13,539
▲ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,184
▼ 19% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 52,756 | € 131,178 | € 483,701 | € 195,446 | ▼ 60% |
| Profit after taxes | € -101,049 | € 7,435 | € 350,223 | € 75,199 | ▼ 79% |
| Equity | € -307,585 | € -300,151 | € 50,072 | € 125,271 | ▲ 150% |
| Total debts | € 595,195 | € 592,537 | € 518,767 | € 414,966 | ▼ 20% |
| Cash | € 47,864 | € 52,140 | € 346,841 | € 202,941 | ▼ 41% |
| Retained profit | € -827,585 | € -820,151 | € -469,928 | € -394,729 | ▲ € 75,199 |
| Bank debt | € 313,537 | € 382,910 | € 339,855 | € 251,571 | ▼ 26% |
| Balance sheet total | € 287,609 | € 292,386 | € 568,839 | € 540,236 | ▼ 5% |
Key figures of PAYNATION, 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 PAYNATION?
What happened at PAYNATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 75,199 (▼ 79% vs 2024). Source: NBB ↗
- New establishment in Aartselaar. KBO
- Start of the company according to the CBE. KBO
In short
From € 101,049 loss in 2022 to € 75,199 profit in 2025.
Paid € 1,475 in corporate taxes since 2022.
Best year ever: 2024, with € 350,223 profit.
Management
The stake of RED STORM CONSULTING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PAYNATIONBehind PAYNATION are RED STORM CONSULTING BVBA, Robert Wastyn and Livinglabs BV. The shares are held by RED STORM CONSULTING (42.3%).
Directors
According to the 2025 annual accounts
Managing director · represented by Alain Vandenborne
Robert Wastyn
Director
Shareholders
42.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oudestraat 111
2630 Aartselaar
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
paynation.eu
Registrar
Combell NV
Website info
Features
Security
Details
- Company number
- 0552.869.019
- VAT number
- BE 0552.869.019
- Registered office
- Oudestraat 111, 2630 Aartselaar
- Names & denominations
- PAYNATION
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 May 2014
- Peppol
- Active · Active since 30 Apr 2025
- Contact
- paynation.eu
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