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 2 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 12.5 to 11.2.
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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PJ Company from Turnhout, company number BE0720903208, closed financial year 2025 with a result of € -179,359 after tax. For that financial year PJ Company recorded a gross margin of € 462,231 and equity of € -126,279. Compared with financial year 2024, the result moved from € 51,640 to € -179,359. 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 August 31, 2026.
€ -126,279
▼ € 179,359 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -179,359
▼ still € 51,640 profit in 2024
Profit after tax over the fiscal year.
€ 662,601
▲ € 529,554 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -144,879.
People and assets in 2025
11.2
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 538,327
▲ 10% vs 2024
€ 48,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 829,597
▲ 232% vs 2024
€ 63,845 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 710,465
▲ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 69,349
▲ 20% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 597,436 | € 628,987 | € 622,943 | € 462,231 | ▼ 26% |
| Profit after taxes | € 25,577 | € 13,794 | € 51,640 | € -179,359 | ▼ € 230,999 |
| Equity | € -12,354 | € 1,441 | € 53,080 | € -126,279 | ▼ € 179,359 |
| Total debts | € 1,132,728 | € 1,248,179 | € 1,305,954 | € 2,148,736 | ▲ 65% |
| Cash | € 55,108 | € 102,951 | € 133,046 | € 662,601 | ▲ € 529,554 |
| Retained profit | € -30,954 | € -17,159 | € 34,480 | € -144,879 | ▼ € 179,359 |
| Bank debt | € 275,129 | € 263,908 | € 250,000 | € 829,597 | ▲ 232% |
| Balance sheet total | € 1,120,375 | € 1,249,619 | € 1,359,035 | € 2,022,457 | ▲ 49% |
| Employees (FTE) | 12.5 | 12.5 | 11.4 | 11.2 | ▼ 0.2 |
By gross margin, PJ Company ranks 9th of 25 companies with main activity “Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen” in Turnhout that publish figures (fiscal year 2025).
Key figures of PJ Company, 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.
Ask about PJ Company the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to PJ Company?
What happened at PJ Company in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 179,359 (▼ € 230,999 vs 2024). filed late Source: NBB ↗
- New establishment in Wuustwezel. KBO
- Start of the company according to the CBE. KBO
In short
From € 25,577 profit in 2022 to € 179,359 loss in 2025.
Paid € 330 in corporate taxes since 2022.
Best year ever: 2024, with € 51,640 profit.
On average € 41,300 of value added per employee in 2025.
Management
The stake of VLH Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PJ CompanyBehind PJ Company is VLH Holding BV. The shares are held by VLH Holding (100%).
Directors
According to the 2025 annual accounts
bestuurder · represented by Hans van Leeuwen
Also active at: HERMES MANAGEMENT & CONSULTANCY, VLH Holding, RVL Hoogstraten, ADG, LVL Vosselaar, JVL Beerse, PDService&QualityMeat, HZ Tessenderlo +8 more
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Parklaan 170 box B
2300 Turnhout
Bredabaan (Centrum) 395
2990 Wuustwezel
Active since 19 February 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →HERMES MANAGEMENT & CONSULTANCY same network
€ 1.2 million gross margin · 2025
VLH Holding same network
€ 4.4 million gross margin · 2025
RVL Hoogstraten same network
€ 1.3 million gross margin · 2025
LVL Vosselaar same network
€ 1.8 million gross margin · 2025
JVL Beerse same network
€ 1.5 million gross margin · 2025
+8 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Details
- Company number
- 0720.903.208
- VAT number
- BE 0720.903.208
- Registered office
- Parklaan 170 bus B, 2300 Turnhout
- Names & denominations
- PJ Company
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 February 2019
- Peppol
- Active · Active since 7 Nov 2026
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)