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 3 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
PAINS & CO from Sint-Pieters-Woluwe, company number BE0688933392, closed financial year 2024 with a result of € 337 after tax. For that financial year PAINS & CO recorded a gross margin of € 35,617 and equity of € -15,344. Compared with financial year 2023, the result moved from € -7,596 to € 337. 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 July 15, 2025.
€ -15,344
▲ € 337 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 337
▲ still € 7,596 loss in 2023
Profit after tax over the fiscal year.
€ 28
▼ 94% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -40,344.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 29,068
▼ 14% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 6,449
▲ 18% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 11,484
▲ 32% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 13,735
▲ 91% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 35,543 | € 21,714 | € 33,841 | € 35,617 | ▲ 5% |
| Profit after taxes | € 4,110 | € -14,988 | € -7,596 | € 337 | ▲ € 7,933 |
| Equity | € 6,903 | € -8,085 | € -15,681 | € -15,344 | ▲ € 337 |
| Total debts | € 15,504 | € 24,851 | € 26,031 | € 27,057 | ▲ 4% |
| Cash | € 5,756 | € 2,209 | € 459 | € 28 | ▼ 94% |
| Retained profit | € -18,097 | € -33,085 | € -40,681 | € -40,344 | ▲ € 337 |
| Balance sheet total | € 22,407 | € 16,766 | € 10,350 | € 11,713 | ▲ 13% |
Key figures of PAINS & CO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to PAINS & CO?
What happened at PAINS & CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 337. Source: NBB ↗
- New establishment in Sint-Pieters-Woluwe. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,110 profit in 2021 to € 337 profit in 2024.
Best year ever: 2021, with € 4,110 profit.
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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
Directors
According to the 2024 annual accounts
AHMED BOUZIANI
Administrator-manager
Establishments
Establishment units
Physical locations of this company
Jules Du Jardinlaan 47
1150 Sint-Pieters-Woluwe
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0688.933.392
- VAT number
- BE 0688.933.392
- Registered office
- Jules Du Jardinlaan 47, 1150 Sint-Pieters-Woluwe
- Names & denominations
- PAINS & CO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 January 2018
- Peppol
- Active · Active since 25 Dec 2025
- Activities · NACE
Detailhandel in brood en banketbakkerswerk (koude bakkers)
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk