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 9 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PNG Real Estate from Gistel, company number BE0761783362, closed financial year 2025 with a result of € 14,967 after tax. For that financial year PNG Real Estate recorded a gross margin of € 46,613 and equity of € 24,219. Compared with financial year 2023, the result moved from € -3,048 to € 14,967. 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 April 28, 2026.
€ 24,219
▲ 162% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,967
▲ still € 3,048 loss in 2023
Profit after tax over the fiscal year.
€ 20,007
▲ € 19,483 vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 5,319.
People and assets in 2025
€ 7,245
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 895,959
Loans from banks and other lenders, long and short.
€ 7,736
▲ € 6,865 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1,451
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -5,456 | € -1,052 | € -2,834 | € 46,613 | ▲ € 49,447 |
| Profit after taxes | € -5,467 | € -1,132 | € -3,048 | € 14,967 | ▲ € 18,015 |
| Equity | € 14,533 | € 13,400 | € 9,252 | € 24,219 | ▲ 162% |
| Total debts | € 1,784 | € 16,720 | € 1,163 | € 919,025 | ▲ € 917,862 |
| Cash | € 16,245 | € 19,626 | € 524 | € 20,007 | ▲ € 19,483 |
| Retained profit | € -5,467 | € -6,600 | € -9,648 | € 5,319 | ▲ € 14,967 |
| Bank debt | € 0 | € 0 | € 0 | € 895,959 | |
| Balance sheet total | € 16,317 | € 30,121 | € 10,415 | € 943,245 | ▲ € 932,829 |
Key figures of PNG Real Estate, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to PNG Real Estate?
What happened at PNG Real Estate in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 14,967. Source: NBB ↗
- New establishment in Gistel. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,467 loss in 2021 to € 14,967 profit in 2025.
Paid € 22 in corporate taxes since 2021.
Best year ever: 2025, with € 14,967 profit.
Management
Behind PNG Real Estate are Geoffrey Geerseau and Nicolas Annys. Nicolas Annys is also behind NAVA.
Directors
According to the 2025 annual accounts
Geoffrey Geerseau
Director
Establishments
Establishment units
Physical locations of this company
Nieuwpoortse Steenweg 47
8470 Gistel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0761.783.362
- VAT number
- BE 0761.783.362
- Registered office
- Nieuwpoortse Steenweg 47, 8470 Gistel
- Names & denominations
- PNG Real Estate
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 January 2021
- Peppol
- Active · Active since 2 Apr 2026
- Contact
- outlook.com
- Activities · NACE
Algemene bouw van residentiële gebouwen
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Handel in eigen onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis