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 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PICEU PROJECTS from Oostkamp, company number BE0555903238, closed financial year 2025 with a result of € 140,413 after tax. For that financial year PICEU PROJECTS recorded a gross margin of € 410,461 and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 180,223 to € 140,413. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 29, 2025.
€ 2.1 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 140,413
▼ 22% vs 2024
Profit after tax over the fiscal year.
€ 231,855
▲ 12% 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 € 1.4 million.
People and assets in 2025
€ 118,494
▲ 146% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 497,296
▼ 11% vs 2024
€ 171,931 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1,784
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,039
▼ 24% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 362,360 | € 417,045 | € 423,081 | € 410,461 | ▼ 3% |
| Profit after taxes | € 112,610 | € 190,119 | € 180,223 | € 140,413 | ▼ 22% |
| Equity | € 1,135,607 | € 1,325,725 | € 1,956,195 | € 2,096,608 | ▲ 7% |
| Total debts | € 1,724,948 | € 1,548,655 | € 1,264,221 | € 1,136,906 | ▼ 10% |
| Cash | € 98,929 | € 202,445 | € 206,404 | € 231,855 | ▲ 12% |
| Land & buildings | € 2,519,803 | € 2,443,732 | € 2,812,964 | € 2,724,873 | ▼ 3% |
| Retained profit | € 460,607 | € 650,725 | € 1,245,642 | € 1,386,054 | ▲ 11% |
| Bank debt | € 859,419 | € 710,948 | € 561,024 | € 497,296 | ▼ 11% |
| Balance sheet total | € 2,860,555 | € 2,874,380 | € 3,238,272 | € 3,250,009 |
Key figures of PICEU PROJECTS, 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 October 2026.
What happened to PICEU PROJECTS?
What happened at PICEU PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 140,413 (▼ 22% vs 2024). Source: NBB ↗
- New establishment in Oostkamp. KBO
- Regina Vanhecke became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 112,610 profit in 2022 to € 140,413 profit in 2025.
Paid € 286,388 in corporate taxes since 2022.
Best year ever: 2023, with € 190,119 profit.
Management
Behind PICEU PROJECTS are Louis-Philippe Piceu and Regina Vanhecke.
Directors
According to the 2025 annual accounts
Louis-Philippe Piceu
Director
Regina Vanhecke
Director
since 2014
Establishments
Establishment units
Physical locations of this company
Lijsterbessendreef 7
8020 Oostkamp
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
- 0555.903.238
- VAT number
- BE 0555.903.238
- Registered office
- Lijsterbessendreef 7, 8020 Oostkamp
- Names & denominations
- PICEU PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 July 2014
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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