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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Busy address KBO
53 other companies have their registered office at the same address; threshold 10.
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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
PFE Belgium Holding from Watermaal-Bosvoorde, company number BE0741792751, closed financial year 2025 with a result of € -2.8 million after tax. For that financial year PFE Belgium Holding recorded a gross margin of € -25,180 and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 1.7 million to € -2.8 million. The company made a loss. The buffer shrank hard: equity is 57 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 8, 2025.
€ 2.1 million
▼ 57% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2.8 million
▼ still € 1.7 million profit in 2024
Profit after tax over the fiscal year.
€ 1 million
▲ 253% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 9.5 million
Loans from banks and other lenders, long and short.
€ 8,088
▲ 12% vs 2024
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 | € -41,663 | € -5,496 | € -51,188 | € -25,180 | ▲ € 26,008 |
| Profit after taxes | € -233,325 | € -308,792 | € 1,676,313 | € -2,792,844 | ▼ € 4.5 million |
| Equity | € 3,510,728 | € 3,201,936 | € 4,878,249 | € 2,085,406 | ▼ 57% |
| Total debts | € 10,668,784 | € 10,970,102 | € 9,535,677 | € 9,528,567 | |
| Cash | € 51,413 | € 43,590 | € 285,429 | € 1,007,342 | ▲ 253% |
| Retained profit | € -550,772 | € -859,564 | € 816,749 | € -1,976,094 | ▼ € 2.8 million |
| Bank debt | € 10,500,000 | € 10,500,000 | € 9,500,000 | € 9,500,000 | |
| Balance sheet total | € 14,179,513 | € 14,172,038 | € 14,413,927 | € 11,613,973 | ▼ 19% |
Key figures of PFE Belgium Holding, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to PFE Belgium Holding?
What happened at PFE Belgium Holding in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Susann Schaffter stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 2.8 million (▼ € 4.5 million vs 2024). Source: NBB ↗
- Douwe Derk Vermeulen stepped down as director. NBB
- Pragma Business Services SRL stepped down as director. NBB
- Susann Schaffter became a director. NBB
- Douwe Derk Vermeulen became a director. NBB
- Pragma Business Services SRL became a director. NBB
- New establishment in Watermaal-Bosvoorde. KBO
In short
From € 233,325 loss in 2022 to € 2.8 million loss in 2025.
Best year ever: 2024, with € 1.7 million profit.
A new publication or filing at PFE Belgium Holding? We notify you, reason included.
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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 PFE Holding AG (100%). It owns 100% of Schuman 14 itself.
Directors
According to the 2025 annual accounts
since 2020 · until 2025
Director · represented by ADAM ERIK JEAN PIERRE
Also active at: SCHUMAN 14, XL PATRIMOINE, AXUS Finance, Isola Capital Belgium I, Isola Capital Belgium, Deo Belgium 2, Brussels Airport Investments, Belgium PET +7 more
since 2020 · until 2025
since 2023 · until 2029
Shareholders
PFE Holding AG
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Terhulpsesteenweg 166 box 25
1170 Watermaal-Bosvoorde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 53 companies are registered at this address.
All companies at this address →HLB LEGAL SERVICES
€ 8,327 gross margin · 2025
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IM Ultrasonic Belgium
€ -11,018 gross margin · 2025
AGENCE ET PROMOTION IMMOBILIERES
€ 28,264 gross margin · 2025
+48 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0741.792.751
- VAT number
- BE 0741.792.751
- Registered office
- Terhulpsesteenweg 166 bus 25, 1170 Watermaal-Bosvoorde
- Names & denominations
- PFE Belgium Holding
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 January 2020
- Peppol
- Not registered