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 36 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PezKo from Avelgem, company number BE0666750086, closed financial year 2025 with a result of € 19,414 after tax. For that financial year PezKo recorded a gross margin of € 74,578 and equity of € 284,984. Compared with financial year 2024, the result moved from € 5,683 to € 19,414. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 23, 2026.
€ 284,984
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,414
▲ 242% vs 2024
Profit after tax over the fiscal year.
€ 99,156
▲ 283% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 50,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 59,299
▼ 37% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 45,785
▼ 37% vs 2024
€ 18,402 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 9,043
▲ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,563
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 159,660 | € 70,082 | € 72,454 | € 74,578 | ▲ 3% |
| Profit after taxes | € 133,908 | € 10,062 | € 5,683 | € 19,414 | ▲ 242% |
| Equity | € 450,668 | € 309,887 | € 315,570 | € 284,984 | ▼ 10% |
| Total debts | € 315,479 | € 489,739 | € 397,121 | € 363,971 | ▼ 8% |
| Cash | € 119,263 | € 68,850 | € 25,860 | € 99,156 | ▲ 283% |
| Retained profit | € 431,668 | € 290,887 | € 296,570 | € 265,984 | ▼ 10% |
| Dividend | € 165,801 | € 150,843 | € 0 | € 50,000 | |
| Bank debt | € 57,378 | € 109,153 | € 72,391 | € 45,785 | ▼ 37% |
| Balance sheet total | € 766,146 | € 799,626 | € 712,691 | € 648,955 | ▼ 9% |
Key figures of PezKo, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to PezKo?
What happened at PezKo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 19,414 (▲ 242% vs 2024). Source: NBB ↗
- New establishment in Avelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 133,908 profit in 2022 to € 19,414 profit in 2025.
Paid € 43,025 in corporate taxes since 2022.
Best year ever: 2022, with € 133,908 profit.
Paid out € 366,643 in dividends to the owners in total.
Management
Behind PezKo is KOEN WALSCHAP. It owns 10% of On Time Logistics nv itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Zolderstraat 25
8580 Avelgem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0666.750.086
- VAT number
- BE 0666.750.086
- Registered office
- Zolderstraat 25, 8580 Avelgem
- Names & denominations
- PezKo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 November 2016
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
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