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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
P1 COATINGS from Stekene, company number BE0656605866, closed financial year 2025 with a result of € -39,475 after tax. For that financial year P1 COATINGS recorded a gross margin of € 17,859 and equity of € -152,743. Compared with financial year 2024, the result moved from € -47,359 to € -39,475. 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 May 8, 2026.
€ -152,743
▼ € 39,475 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -39,475
▲ 17 % less loss than in 2024
Profit after tax over the fiscal year.
€ 18,963
▼ 55% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -171,293.
People and assets in 2025
€ 1,157
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 604
▼ 34% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 166,132
Loans from banks and other lenders, long and short.
€ 33,414
▼ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,712
▲ € 6,018 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -53,351 | € 8,381 | € -33,986 | € 17,859 | ▲ € 51,845 |
| Profit after taxes | € -65,884 | € -6,217 | € -47,359 | € -39,475 | ▲ € 7,884 |
| Equity | € -59,691 | € -65,908 | € -113,267 | € -152,743 | ▼ € 39,475 |
| Total debts | € 223,469 | € 243,960 | € 242,165 | € 256,568 | ▲ 6% |
| Cash | € 1,182 | € 1,353 | € 42,424 | € 18,963 | ▼ 55% |
| Retained profit | € -78,241 | € -84,458 | € -131,817 | € -171,293 | ▼ € 39,475 |
| Bank debt | € 0 | € 0 | € 166,132 | € 166,132 | |
| Balance sheet total | € 163,778 | € 178,052 | € 128,898 | € 103,825 | ▼ 19% |
Key figures of P1 COATINGS, 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 P1 COATINGS?
What happened at P1 COATINGS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 39,475. Source: NBB ↗
- Danicska Technologies CommV became a director. NBB
- Thomas Seynaeve BV became a director. NBB
- Induled became a director. NBB
- New establishment in Stekene. KBO
- Start of the company according to the CBE. KBO
In short
From € 65,884 loss in 2022 to € 39,475 loss in 2025.
Paid € 1,665 in corporate taxes since 2022.
Management
The stake of PHOENIX comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
P1 COATINGSBehind P1 COATINGS are Danicska Technologies CommV, Thomas Seynaeve BV and Induled. The shares are held by PHOENIX (45%).
Directors
According to the 2025 annual accounts
since 2024
since 2024
Shareholders
45%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zavelstraat(STE) 5A box 2
9190 Stekene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
Self-hosted
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
DNS
GoDaddy DNS
Domain
Domain
p1coatings.com
Registered
2016-04-04
Registrar
GoDaddy.com, LLC
Expires
2026-04-04
Website info
Features
Security
Details
- Company number
- 0656.605.866
- VAT number
- BE 0656.605.866
- Registered office
- Zavelstraat(STE) 5A bus 2, 9190 Stekene
- Names & denominations
- P1 COATINGS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 June 2016
- Peppol
- Active · Active since 1 Oct 2025
- Contact
- p1coatings.com + 32 37901090
- Activities · NACE
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