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 62 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PENCON from Lichtervelde, company number BE0725968685, closed financial year 2025 with a result of € 60,405 after tax. For that financial year PENCON recorded a gross margin of € 104,266 and equity of € 111,153. Compared with financial year 2024, the result moved from € 63,523 to € 60,405. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2026.
€ 111,153
▲ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 60,405
▼ 5% vs 2024
Profit after tax over the fiscal year.
€ 96,181
▲ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 40,000 paid out
66 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
€ 141,403
▼ 15% vs 2024
€ 25,612 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 1,561
▲ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 27,338
▲ 134% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 105,841 | € 98,011 | € 96,472 | € 104,266 | ▲ 8% |
| Profit after taxes | € 76,811 | € 64,079 | € 63,523 | € 60,405 | ▼ 5% |
| Equity | € 57,495 | € 66,574 | € 90,747 | € 111,153 | ▲ 22% |
| Total debts | € 337,742 | € 321,206 | € 283,249 | € 294,056 | ▲ 4% |
| Cash | € 103,638 | € 21,203 | € 86,824 | € 96,181 | ▲ 11% |
| Land & buildings | € 275,283 | € 276,515 | € 272,923 | € 293,434 | ▲ 8% |
| Retained profit | € 54,075 | € 66,574 | € 90,747 | € 111,153 | ▲ 22% |
| Dividend | € 142,420 | € 51,580 | € 39,349 | € 40,000 | ▲ 2% |
| Bank debt | € 216,515 | € 191,759 | € 166,727 | € 141,403 | ▼ 15% |
| Balance sheet total | € 395,236 | € 387,780 | € 373,997 | € 405,209 | ▲ 8% |
Key figures of PENCON, 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 PENCON?
What happened at PENCON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 60,405 (▼ 5% vs 2024). Source: NBB ↗
- New establishment in Lichtervelde. KBO
- Cédric Penninck became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 76,811 profit in 2022 to € 60,405 profit in 2025.
Paid € 102,099 in corporate taxes since 2022.
Best year ever: 2022, with € 76,811 profit.
Paid out € 273,349 in dividends to the owners in total.
Management
Behind PENCON is Cédric Penninck.
Directors
According to the 2025 annual accounts
Cédric Penninck
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Weststraat 64
8810 Lichtervelde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0725.968.685
- VAT number
- BE 0725.968.685
- Registered office
- Weststraat 64, 8810 Lichtervelde
- Names & denominations
- PENCON
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 May 2019
- Peppol
- Active · Active since 24 Nov 2023
- Contact
- pencon.be [email protected]
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering