Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
55 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Pact B from Gent, company number BE0695836428, closed financial year 2025 with a result of € 657,733 after tax. For that financial year Pact B recorded revenue of € 27,000 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 156,951 to € 657,733. Profitable, and profit is growing. 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 August 24, 2026.
€ 1.1 million
▲ 139% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 657,733
▲ € 500,782 vs 2024
Profit after tax over the fiscal year.
€ 2,539
▼ 56% 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 € 581,363.
Debts at end 2025
€ 922,772
▼ 46% vs 2024
€ 810,272 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 6,054
▲ 1% 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 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 27,000 | |
| Gross margin | € -1,679 | € 4,493 | € 8,368 | - | |
| Profit after taxes | € -2,648 | € -3,575 | € 156,951 | € 657,733 | ▲ € 500,782 |
| Equity | € 254 | € -3,321 | € 473,630 | € 1,131,363 | ▲ 139% |
| Total debts | € 6,089 | € 2,177,271 | € 1,980,444 | € 1,169,420 | ▼ 41% |
| Cash | € 5,693 | € 1,999 | € 5,747 | € 2,539 | ▼ 56% |
| Retained profit | € -229,746 | € -233,321 | € -76,370 | € 581,363 | ▲ € 657,733 |
| Bank debt | € 0 | € 1,713,612 | € 1,716,523 | € 922,772 | ▼ 46% |
| Balance sheet total | € 6,343 | € 2,173,950 | € 2,454,074 | € 2,300,782 | ▼ 6% |
Key figures of Pact B, 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 Pact B?
What happened at Pact B in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- DÉVELOPPÉ BV stepped down as director. NBB
- BROCAP NV stepped down as director. NBB
- ENVIRONMENTAL MANAGEMENT OF CORPORATE CAPITAL (EMC²) BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 657,733 (▲ € 500,782 vs 2024). filed late Source: NBB ↗
- DÉVELOPPÉ BV became a director. NBB
- BROCAP NV became a director. NBB
- ENVIRONMENTAL MANAGEMENT OF CORPORATE CAPITAL (EMC²) BV became a director. NBB
- New establishment in Gent. KBO
In short
From € 2,648 loss in 2022 to € 657,733 profit in 2025.
Best year ever: 2025, with € 657,733 profit.
A new publication or filing at Pact B? 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 Het Vroonhof, EMC2 -Environmetal Management of Corporate Capital, Développé, i.BC comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Pact BThe shares are held by Het Vroonhof (51.8%), EMC2 -Environmetal Management of Corporate Capital (23.5%), Développé (12.9%) and i.BC (5.9%). It owns 100% of RUPELBOORD, 100% of I 4 REAL ESTATE, 100% of GEBROEDERS LAUWERS, 33.3% of SU.RE INVESTMENTS II, 25% of HUIS BEKAERT and BRACOFI itself.
Directors
According to the 2025 annual accounts
since 2024 · until 2029
Managing director · represented by Guy DE CLERCQ
Also active at: Craeyenhof, Immo-Peeters, Immo de Vreeze, C-site AAA, Klein Dorlick, De Boomgaard Hasselt, Casalea, DE STIP +9 more
since 2023 · until 2029
ENVIRONMENTAL MANAGEMENT OF CORPORATE CAPITAL (EMC²) BV
Director · represented by Peter VANNECK
Also active at: Immo de Vreeze, DE STIP, Brocap, SU.RE Investments, DE STIP WONEN, I 4 REAL ESTATE
since 2023 · until 2029
Shareholders
Participations
100%
100%
100%
33.3%
25%
Establishments
Establishment units
Physical locations of this company
Waterlelielaan 1
9032 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 55 companies are registered at this address.
All companies at this address →Gebroeders Lauwers same network
€ 81,466 gross margin · 2021
Immo de Vreeze same network
€ 12,481 gross margin · 2025
L'île Adam
Ouroboros Invest
€ -64,321 gross margin · 2024
CALCUTTA IMMO
€ -63,039 gross margin · 2025
+50 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
- 0695.836.428
- VAT number
- BE 0695.836.428
- Registered office
- Waterlelielaan 1, 9032 Gent
- Names & denominations
- Pact B
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 May 2018
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
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