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 54 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
21 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PGS Demey from Gistel, company number BE0775376131, closed financial year 2025 with a result of € 1.3 million after tax. For that financial year PGS Demey recorded revenue of € 12.5 million and equity of € 2.4 million. Compared with financial year 2024, the result moved from € 399,124 to € 1.3 million. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 2, 2026.
€ 2.4 million
▼ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.3 million
▲ 229% vs 2024
Profit after tax over the fiscal year.
€ 449,661
▼ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
18.4
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 994,293
▲ 18% vs 2024
€ 54,000 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.
€ 117,704
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4.1 million
▼ 9% vs 2024
€ 931,459 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1.3 million
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 49 days on average.
€ 282,871
▲ 48% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 11,422,416 | € 15,259,455 | € 11,714,351 | € 12,500,849 | ▲ 7% |
| Profit after taxes | € 1,518,884 | € 1,285,713 | € 399,124 | € 1,315,047 | ▲ 229% |
| Equity | € 1,743,384 | € 2,711,298 | € 3,110,422 | € 2,425,469 | ▼ 22% |
| Total debts | € 7,682,989 | € 7,598,854 | € 5,810,558 | € 7,658,039 | ▲ 32% |
| Cash | € 367,377 | € 501,066 | € 477,010 | € 449,661 | ▼ 6% |
| Retained profit | € 1,493,384 | € 2,461,298 | € 2,860,422 | € 2,175,469 | ▼ 24% |
| Dividend | € 0 | € 300,000 | € 0 | € 2,000,000 | |
| Bank debt | € 6,278,647 | € 5,385,455 | € 4,479,685 | € 4,082,278 | ▼ 9% |
| Balance sheet total | € 9,426,373 | € 10,310,152 | € 8,920,979 | € 10,083,508 | ▲ 13% |
| Employees (FTE) | 14 | 17.9 | 17.9 | 18.4 | ▲ 0.5 |
Key figures of PGS Demey, 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 April 2027.
What happened to PGS Demey?
What happened at PGS Demey in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.3 million (▲ 229% vs 2024). Source: NBB ↗
- Edfanzac SAS became a director. NBB
- Jadal SAS became a director. NBB
- Bart Demey became a director. NBB
- Frans Demey became a director. NBB
- New establishment in Ieper. KBO
- New establishment in Ieper. KBO
- New establishment in Ronse. KBO
In short
From € 1.5 million profit in 2022 to € 1.3 million profit in 2025.
Paid € 1.4 million in corporate taxes since 2022.
Best year ever: 2022, with € 1.5 million profit.
Paid out € 2.3 million in dividends to the owners in total.
A new publication or filing at PGS Demey? We notify you, reason included.
Follow PGS DemeyDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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 stake of PGS RDB Pallets comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PGS DemeyBehind PGS Demey are Edfanzac SAS, Grauwet Roger BV, Graco BV, Bart Demey, Frans Demey and Jadal SAS. The shares are held by PGS RDB Pallets (100%). It owns 100% of PGS AJR Packaging and 50% of Biobloxx itself.
Directors
According to the 2025 annual accounts
Edfanzac SAS
Director · represented by Michaël Modugno
Also active at: PGS RODANAR PALLETS, PGS Rec Belgium
since 2022
Director · represented by Roger Grauwet
Also active at: PGS RODANAR PALLETS, PGS De Backer Pallets, PGS MATON, PGS PALLETHANDEL EELEN, PGS RDB Pallets, Nails Of Flanders, PGS RECON, PGS Rec Belgium +2 more
since 2021
Director · represented by Luc Grauwet
Also active at: PGS RODANAR PALLETS, PGS De Backer Pallets, PGS MATON, White Field Development, PGS PALLETHANDEL EELEN, Nails Of Flanders, PGS RECON, PGS Rec Belgium +3 more
since 2021
since 2021
Frans Demey
Director
since 2021
Jadal SAS
Director · represented by Jean-Louis Louvel
Also active at: PGS RODANAR PALLETS, PGS De Backer Pallets, PGS Rec Belgium
since 2022
Shareholders
100%
Participations
100%
50%
Establishments
Establishment units
Physical locations of this company
Torhoutse Baan 5 box 2
8470 Gistel
Bargiestraat 46
8904 Ieper
Active since 6 October 2021
Rozendaalstraat 15
8900 Ieper
Active since 6 October 2021
Klein Frankrijkstraat 20
9600 Ronse
Active since 6 October 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 21 companies are registered at this address.
All companies at this address →FINIMMO 9600
€ 32,627 gross margin · 2025
PGS RODANAR PALLETS same network
€ 50.5 million revenue · 2025
PGS De Backer Pallets same network
€ 49.3 million revenue · 2025
White Field Development same network
€ 161,870 gross margin · 2025
PGS SPECIAL PACKAGING same network
€ 209,625 gross margin · 2025
+16 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
- 0775.376.131
- VAT number
- BE 0775.376.131
- Registered office
- Torhoutse Baan 5 bus 2, 8470 Gistel
- Names & denominations
- PGS Demey
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 October 2021
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Zagen en schaven van hout
Vervaardiging van houten emballage