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.
-
Tight liquidity NBB
Cash and receivables cover 41 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Pride & Proud from Waregem, company number BE0773867285, closed financial year 2025 with a result of € -7,978 after tax. For that financial year Pride & Proud recorded a gross margin of € 110,602 and equity of € -143,897. Compared with financial year 2024, the result moved from € 631 to € -7,978. 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 July 8, 2026.
€ -143,897
▼ € 7,978 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,978
▼ still € 631 profit in 2024
Profit after tax over the fiscal year.
€ 24,898
▼ 32% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -144,897.
People and assets in 2025
€ 61,149
▲ 5% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 12,428
▲ 41% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 426,059
▼ 54% vs 2024
€ 56,831 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 6,004
▲ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,683
▼ 45% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -30,766 | € 103,531 | € 127,896 | € 110,602 | ▼ 14% |
| Profit after taxes | € -117,296 | € -20,253 | € 631 | € -7,978 | ▼ € 8,609 |
| Equity | € -116,296 | € -136,549 | € -135,919 | € -143,897 | ▼ € 7,978 |
| Total debts | € 890,925 | € 979,768 | € 954,101 | € 921,193 | ▼ 3% |
| Cash | € 10,251 | € 30,738 | € 36,724 | € 24,898 | ▼ 32% |
| Land & buildings | € 379,689 | € 445,313 | € 448,589 | € 435,094 | ▼ 3% |
| Retained profit | € -117,296 | € -137,549 | € -136,919 | € -144,897 | ▼ € 7,978 |
| Bank debt | € 880,021 | € 960,697 | € 932,842 | € 426,059 | ▼ 54% |
| Balance sheet total | € 774,629 | € 843,219 | € 818,182 | € 777,296 | ▼ 5% |
Key figures of Pride & Proud, 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 Pride & Proud?
What happened at Pride & Proud in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 7,978 (▼ € 8,609 vs 2024). Source: NBB ↗
- New establishment in Deerlijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 117,296 loss in 2022 to € 7,978 loss in 2025.
Paid € 679 in corporate taxes since 2022.
Best year ever: 2024, with € 631 profit.
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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 Pride & Proud are Brecht Vandenborre and Frederic Windels. Brecht Vandenborre is also behind BIRDO-CO. Frederic Windels is also behind MIRAGE GROUP, TWICE THE BODY and Advieskantoor Winsurances.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Vijfseweg 87
8790 Waregem
Kerkplein 1
8540 Deerlijk
Active since 14 September 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0773.867.285
- VAT number
- BE 0773.867.285
- Registered office
- Vijfseweg 87, 8790 Waregem
- Names & denominations
- Pride & Proud
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 September 2021
- Peppol
- Active · Active since 15 Apr 2025
- Contact
- [email protected]
- Activities · NACE
Kappers- en barbiersactiviteiten
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Haarverzorging
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Handel in eigen onroerend goed