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 8 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
PDV-Invest from Veurne, company number BE0721522127, closed financial year 2025 with a result of € 50,255 after tax. For that financial year PDV-Invest recorded a gross margin of € 232,857 and equity of € 169,644. Compared with financial year 2024, the result moved from € 23,014 to € 50,255. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 14, 2026.
€ 169,644
▲ 42% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 50,255
▲ 118% vs 2024
Profit after tax over the fiscal year.
€ 316
▼ 95% 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 € 64,644.
Debts at end 2025
€ 1.8 million
▼ 8% vs 2024
€ 148,056 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 998
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 202,064 | € 202,161 | € 202,783 | € 232,857 | ▲ 15% |
| Profit after taxes | € 13,465 | € 20,847 | € 23,014 | € 50,255 | ▲ 118% |
| Equity | € 75,528 | € 96,375 | € 119,389 | € 169,644 | ▲ 42% |
| Total debts | € 2,808,157 | € 2,660,102 | € 2,512,046 | € 2,367,989 | ▼ 6% |
| Cash | € 53,000 | € 34,996 | € 6,652 | € 316 | ▼ 95% |
| Land & buildings | € 2,824,685 | € 2,716,481 | € 2,615,483 | € 2,521,212 | ▼ 4% |
| Retained profit | € -29,472 | € -8,625 | € 14,389 | € 64,644 | ▲ € 50,255 |
| Bank debt | € 2,196,157 | € 2,048,102 | € 1,900,046 | € 1,751,990 | ▼ 8% |
| Balance sheet total | € 2,883,685 | € 2,756,477 | € 2,631,435 | € 2,537,633 | ▼ 4% |
Key figures of PDV-Invest, 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 PDV-Invest?
What happened at PDV-Invest in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Julesse BV stepped down as director. NBB
- Vanhulle - Ieper BV stepped down as director. NBB
- Duran Invest NV stepped down as director. NBB
- Winter BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 50,255 (▲ 118% vs 2024). filed late Source: NBB ↗
- Vanhulle - Ieper BV became a director. NBB
- Duran Invest NV became a director. NBB
- Julesse BV became a director. NBB
In short
From € 13,465 profit in 2022 to € 50,255 profit in 2025.
Paid € 23,895 in corporate taxes since 2022.
Best year ever: 2025, with € 50,255 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
The shares are held by Vanhulle-Ieper BV (25%), Duran Invest NV (25%), Roelof - Martine Winter - Peeters (25%) and Julesse BV (25%).
Directors
According to the 2025 annual accounts
Managing director · represented by Kurt Vanhulle
Also active at: UNITED PARTS, Automotive Group West
since 2024 · until 2030
Managing director · represented by Didier Duran
Also active at: BLOK INVEST, Automotive Group West
since 2024 · until 2030
since 2024 · until 2030
Managing director · represented by Winter Roelof
Also active at: GARAGE PEETERS, Automotive Group West
since 2024 · until 2030
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Bedrijvenlaan 1
8630 Veurne
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0721.522.127
- VAT number
- BE 0721.522.127
- Registered office
- Bedrijvenlaan 1, 8630 Veurne
- Names & denominations
- PDV-Invest
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 February 2019
- Peppol
- Not registered