Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 38 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 14.3 to 4.5.
-
Busy address KBO
108 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PQE BELGIUM from Charleroi, company number BE0744367904, closed financial year 2025 with a result of € -268,298 after tax. For that financial year PQE BELGIUM recorded a gross margin of € 310,235 and equity of € -642,697. Compared with financial year 2024, the result moved from € -184,116 to € -268,298. 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 June 23, 2026.
€ -642,697
▼ € 268,298 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -268,298
▼ 46 % more loss than in 2024
Profit after tax over the fiscal year.
€ 84,767
▲ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -662,697.
People and assets in 2025
4.5
▼ 4.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 561,110
▼ 40% vs 2024
€ 124,700 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
None
No bank loans on the last day of the fiscal year.
€ 1.1 million
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 32,578
▼ 63% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 918,714 | € 1,385,463 | € 774,294 | € 310,235 | ▼ 60% |
| Profit after taxes | € 5,078 | € 23,285 | € -184,116 | € -268,298 | ▼ € 84,182 |
| Equity | € -213,569 | € -190,283 | € -374,399 | € -642,697 | ▼ € 268,298 |
| Total debts | € 1,456,147 | € 1,555,985 | € 1,140,892 | € 1,116,660 | ▼ 2% |
| Cash | € 295,150 | € 527,563 | € 71,711 | € 84,767 | ▲ 18% |
| Retained profit | € -233,569 | € -210,283 | € -394,399 | € -662,697 | ▼ € 268,298 |
| Balance sheet total | € 1,242,579 | € 1,365,702 | € 766,494 | € 473,963 | ▼ 38% |
| Employees (FTE) | 12.6 | 14.3 | 8.8 | 4.5 | ▼ 4.3 |
Key figures of PQE BELGIUM, 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 PQE BELGIUM?
What happened at PQE BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 268,298. Source: NBB ↗
- New establishment in Mons. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,078 profit in 2022 to € 268,298 loss in 2025.
Paid € 9,640 in corporate taxes since 2022.
Best year ever: 2023, with € 23,285 profit.
On average € 68,900 of value added per employee in 2025.
A new publication or filing at PQE BELGIUM? 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
Behind PQE BELGIUM are Simone PORZIO and Riccardo SALVAGNINI.
Directors
According to the 2025 annual accounts
Simone PORZIO
Director
Riccardo SALVAGNINI
Director
Establishments
Establishment units
Physical locations of this company
Zoning de Jumet,4ème rue 33
6040 Charleroi
Rue René Descartes 2
7000 Mons
Active since 24 February 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 108 companies are registered at this address.
All companies at this address →CELADON
€ 454,117 gross margin · 2023
BEXIM
€ -64,469 gross margin · 2025
Immowill
EXEGO
€ -10,848 gross margin · 2025
HAL ET ASSOCIES
+103 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
- 0744.367.904
- VAT number
- BE 0744.367.904
- Registered office
- Zoning de Jumet,4ème rue 33, 6040 Charleroi
- Names & denominations
- PQE BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 February 2020
- Peppol
- Active · Active since 7 Nov 2025
- Activities · NACE
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