Financials
Financial year 2024
PV CO-RE from Lierneux, company number BE0777773714, closed financial year 2024 with a result of € 47,175 after tax. For that financial year PV CO-RE recorded a gross margin of € 128,210 and equity of € 97,405. Compared with financial year 2023, the result moved from € 33,662 to € 47,175. 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 August 26, 2025.
€ 97,405
▲ 94% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 47,175
▲ 40% vs 2023
Profit after tax over the fiscal year.
€ 202,011
▼ 28% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 87,405.
People and assets in 2024
€ 171,406
▲ € 142,476 vs 2023
Of which on lease € 101,418.
Debts at end 2024
€ 337,600
▲ 59% vs 2023
€ 35,444 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 171,615
▲ 46% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 12,530
▼ 80% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 16,261 | € 78,365 | € 128,210 | ▲ 64% |
| Profit after taxes | € 6,568 | € 33,662 | € 47,175 | ▲ 40% |
| Equity | € 16,568 | € 50,230 | € 97,405 | ▲ 94% |
| Total debts | € 266,866 | € 763,900 | € 915,172 | ▲ 20% |
| Cash | € 25,626 | € 281,262 | € 202,011 | ▼ 28% |
| Retained profit | € 6,568 | € 40,230 | € 87,405 | ▲ 117% |
| Bank debt | € 0 | € 211,937 | € 337,600 | ▲ 59% |
| Balance sheet total | € 283,433 | € 814,130 | € 1,012,577 | ▲ 24% |
Key figures of PV CO-RE, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to PV CO-RE?
What happened at PV CO-RE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 47,175 (▲ 40% vs 2023). filed late Source: NBB ↗
- New establishment in Lierneux. KBO
- Thomas CYPERS became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 6,568 profit in 2022 to € 47,175 profit in 2024.
Paid € 26,263 in corporate taxes since 2022.
Best year ever: 2024, with € 47,175 profit.
Management
Behind PV CO-RE is Thomas CYPERS. Thomas CYPERS is also behind ACTEM Invest Group.
Directors
According to the 2024 annual accounts
since 2021
Establishments
Establishment units
Physical locations of this company
Arbrefontaine, Wérichê 36
4990 Lierneux
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
- 0777.773.714
- VAT number
- BE 0777.773.714
- Registered office
- Arbrefontaine, Wérichê 36, 4990 Lierneux
- Names & denominations
- PV CO-RE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 November 2021
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Overige zakelijke dienstverlening, neg
Overige bouwinstallatie
Vervaardiging van elektromotoren en van elektrische generatoren en transformatoren
Algemene elektrotechnische installatiewerken
Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts
Reparatie en onderhoud van elektrische apparatuur
Overige bouwinstallatie, n.e.g.