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 2 of the last 4 fiscal years.
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Busy address KBO
74 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PDF INVEST from Waregem, company number BE0637817065, closed financial year 2025 with a result of € 1.1 million after tax. Compared with financial year 2024, the result moved from € -1.5 million to € 1.1 million. Profitable, and profit is growing. 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 June 2, 2026.
€ -256,381
▲ € 1.1 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.1 million
▲ still € 1.5 million loss in 2024
Profit after tax over the fiscal year.
€ 83,397
▲ 3% 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 € -502,381.
Debts at end 2025
€ 1.1 million
Loans from banks and other lenders, long and short.
€ 327
▼ 76% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 6,930 | - | - | - | |
| Profit after taxes | € -19,112 | € -26,079 | € -1,545,996 | € 1,122,328 | ▲ € 2.7 million |
| Equity | € 28,866 | € 2,787 | € -1,378,709 | € -256,381 | ▲ € 1.1 million |
| Total debts | € 1,539,028 | € 1,621,475 | € 1,531,026 | € 1,601,515 | ▲ 5% |
| Cash | € 20,363 | € 25,375 | € 80,629 | € 83,397 | ▲ 3% |
| Retained profit | € -52,634 | € -78,713 | € -1,624,709 | € -502,381 | ▲ € 1.1 million |
| Bank debt | € 1,264,584 | € 1,264,584 | € 0 | € 1,099,976 | |
| Balance sheet total | € 1,567,894 | € 1,624,262 | € 152,317 | € 1,345,134 | ▲ € 1.2 million |
Key figures of PDF INVEST, 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 PDF INVEST?
What happened at PDF INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- GREEN HILL COMPANY BV stepped down as director. NBB
- Julien DE WILDE stepped down as director. NBB
- Kristof VANFLETEREN stepped down as director. NBB
- ION SERVICE PROVIDER NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.1 million. Source: NBB ↗
- GREEN HILL COMPANY BV became a director. NBB
- Julien DE WILDE became a director. NBB
- Kristof VANFLETEREN became a director. NBB
In short
From € 19,112 loss in 2022 to € 1.1 million profit in 2025.
Best year ever: 2025, with € 1.1 million profit.
Pays suppliers within 35 days on average.
A new publication or filing at PDF INVEST? 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
The stake of Premier Development Fund, ION Service Provider comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PDF INVESTThe shares are held by Premier Development Fund (90%) and ION Service Provider (10%). It owns 66.7% of Hof Van Lorreinen NV itself.
Directors
According to the 2025 annual accounts
Director · represented by Xavier DEWULF
Also active at: KARL VANDER STICHELE, G&V Supply and Logistics, G&V Caps Energy, Premier Development Fund, PDF LAND, PDF CONSTRUCT, PARKZICHT CONSTRUCT, LNG SOLUTIONS BELGIUM +10 more
since 2021 · until 2027
Julien DE WILDE
Director
Also active at: Kinderdagverblijf Sint-Jozef, Premier Development Fund, PDF LAND, PDF CONSTRUCT, PARKZICHT CONSTRUCT, 3SAG, PANQUIN LAND, PANQUIN CONSTRUCT +4 more
since 2021 · until 2027
Kristof VANFLETEREN
Director
Also active at: NATIONALE IMMOBILIENVENNOOTSCHAP VAN HET BOUWBEDRIJF, DECAT Energy Technics, A’PEN, RODEKRUISPLEIN, COBOS, IMMOCOBEL, DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ, ESPOSITO +139 more
since 2021 · until 2027
Director · represented by Davy DEMUYNCK
Also active at: Premier Development Fund, PDF LAND, PDF CONSTRUCT, VINEA, NOVA MONS CONSTRUCTION, VASTGOED INVESTERINGS ASSOCIATIE, DGR Offices, DGR CONSTRUCT +5 more
since 2021 · until 2027
Shareholders
Participations
66.7%
Establishments
Establishment units
Physical locations of this company
Vredestraat 53
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 74 companies are registered at this address.
All companies at this address →Van Eyck Residentie
€ 159,675 gross margin · 2025
RODEKRUISPLEIN same network
€ 45,360 gross margin · 2025
COBOS same network
DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ same network
€ 325,000 revenue · 2025
SRB-invest
€ 2.1 million gross margin · 2022
+69 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0637.817.065
- VAT number
- BE 0637.817.065
- Registered office
- Vredestraat 53, 8790 Waregem
- Names & denominations
- PDF INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 September 2015
- Peppol
- Active · Active since 1 Jan 2001