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 41 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PIC-VERT from Le Roeulx, company number BE0727532365, closed financial year 2025 with a result of € 653,911 after tax. For that financial year PIC-VERT recorded a gross margin of € -1,343 and equity of € 7.2 million. Compared with financial year 2024, the result moved from € 611,037 to € 653,911. 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 June 23, 2026.
€ 7.2 million
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 653,911
▲ 7% vs 2024
Profit after tax over the fiscal year.
€ 27,837
▼ 92% 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 € 7.1 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 67,256
▼ 4% 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 | € -1,444 | € -1,511 | € -1,044 | € -1,343 | ▼ € 299 |
| Profit after taxes | € 481,834 | € 529,795 | € 611,037 | € 653,911 | ▲ 7% |
| Equity | € 5,363,322 | € 5,893,117 | € 6,504,154 | € 7,158,065 | ▲ 10% |
| Total debts | € 6,639,578 | € 6,139,578 | € 5,609,551 | € 4,966,833 | ▼ 11% |
| Cash | € 99,351 | € 194,504 | € 331,201 | € 27,837 | ▼ 92% |
| Retained profit | € 5,301,322 | € 5,831,117 | € 6,442,154 | € 7,096,065 | ▲ 10% |
| Balance sheet total | € 12,002,899 | € 12,032,694 | € 12,113,705 | € 12,124,898 |
Key figures of PIC-VERT, 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 PIC-VERT?
What happened at PIC-VERT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Dominique Fedorowicz stepped down as director. NBB
- Christine Fedorowicz stepped down as director. NBB
- Paul Fedorowicz stepped down as director. NBB
- Marianne Fedorowicz stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 653,911 (▲ 7% vs 2024). Source: NBB ↗
- Dominique Fedorowicz became a director. NBB
- Christine Fedorowicz became a director. NBB
- Paul Fedorowicz became a director. NBB
In short
From € 481,834 profit in 2022 to € 653,911 profit in 2025.
Paid € 164,429 in corporate taxes since 2022.
Best year ever: 2025, with € 653,911 profit.
Management
Directors
According to the 2025 annual accounts
Dominique Fedorowicz
Director
since 2024 · until 2030
Christine Fedorowicz
Director
since 2024 · until 2030
Paul Fedorowicz
Administrator-manager
since 2024 · until 2030
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Hameau de l'Enfer(R) 17a
7070 Le Roeulx
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0727.532.365
- VAT number
- BE 0727.532.365
- Registered office
- Hameau de l'Enfer(R) 17a, 7070 Le Roeulx
- Names & denominations
- PIC-VERT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 May 2019
- Peppol
- Active · Active since 6 Feb 2026