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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PB REAL ESTATE from Montigny-le-Tilleul, company number BE0717865821, closed financial year 2025 with a result of € -28,696 after tax. For that financial year PB REAL ESTATE recorded a gross margin of € 16,101 and equity of € 267,441. Compared with financial year 2024, the result moved from € -3,786 to € -28,696. The company made a loss. 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 June 22, 2026.
€ 267,441
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -28,696
▼ 658 % more loss than in 2024
Profit after tax over the fiscal year.
€ 8,730
▼ 76% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 181,085.
People and assets in 2025
€ 2,122
▼ 50% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 224,999
▲ 4% vs 2024
€ 10,221 is repaid this year. At this pace the long-term loan is gone in ≈ 22 years.
€ 4,858
Supplier invoices still open on the last day of the fiscal year.
€ 15
▲ 6% 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 | € 164,079 | € 22,780 | € 34,572 | € 16,101 | ▼ 53% |
| Profit after taxes | € 92,630 | € -10,857 | € -3,786 | € -28,696 | ▼ € 24,910 |
| Equity | € 313,213 | € 301,556 | € 296,970 | € 267,441 | ▼ 10% |
| Total debts | € 94,689 | € 140,907 | € 300,201 | € 311,085 | ▲ 4% |
| Cash | € 71,808 | € 41,628 | € 35,857 | € 8,730 | ▼ 76% |
| Land & buildings | € 321,036 | € 393,399 | € 551,132 | € 562,260 | ▲ 2% |
| Retained profit | € 226,857 | € 215,200 | € 210,614 | € 181,085 | ▼ 14% |
| Dividend | € 0 | € 800 | € 800 | € 833 | ▲ 4% |
| Bank debt | € 0 | € 31,567 | € 216,364 | € 224,999 | ▲ 4% |
| Balance sheet total | € 407,902 | € 442,463 | € 597,171 | € 578,526 | ▼ 3% |
Key figures of PB REAL ESTATE, 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 PB REAL ESTATE?
What happened at PB REAL ESTATE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 28,696. Source: NBB ↗
- ANNIK RAYNAL became a director. NBB
- New establishment in Montigny-le-Tilleul. KBO
- Start of the company according to the CBE. KBO
In short
From € 92,630 profit in 2022 to € 28,696 loss in 2025.
Paid € 33,313 in corporate taxes since 2022.
Best year ever: 2022, with € 92,630 profit.
Paid out € 2,433 in dividends to the owners in total.
Management
Behind PB REAL ESTATE is ANNIK RAYNAL. ANNIK RAYNAL is also behind IMMO RAYNAL RUCQUOY and Pen Capital.
Directors
According to the 2025 annual accounts
since 2022
Establishments
Establishment units
Physical locations of this company
Rue des Rossignols 32
6110 Montigny-le-Tilleul
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Details
- Company number
- 0717.865.821
- VAT number
- BE 0717.865.821
- Registered office
- Rue des Rossignols 32, 6110 Montigny-le-Tilleul
- Names & denominations
- PB REAL ESTATE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 January 2019
- Peppol
- Active · Active since 9 Jan 2026