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 3 of the last 3 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
P&S WORKS from Wetteren, company number BE0784228370, closed financial year 2025 with a result of € -14,476 after tax. For that financial year P&S WORKS recorded a gross margin of € -5,919 and equity of € -43,349. Compared with financial year 2024, the result moved from € -27,071 to € -14,476. 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 5, 2026.
€ -43,349
▼ € 14,476 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,476
▲ 47 % less loss than in 2024
Profit after tax over the fiscal year.
€ 43
▼ 98% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -48,349.
People and assets in 2025
€ 14,885
▼ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 24,623
▼ 24% vs 2024
€ 8,013 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 4,587
▼ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 52
▼ 95% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 2,626 | € -8,356 | € -5,919 | ▲ € 2,437 |
| Profit after taxes | € -6,802 | € -27,071 | € -14,476 | ▲ € 12,596 |
| Equity | € -1,802 | € -28,873 | € -43,349 | ▼ € 14,476 |
| Total debts | € 75,670 | € 70,812 | € 67,402 | ▼ 5% |
| Cash | € 19,783 | € 1,840 | € 43 | ▼ 98% |
| Retained profit | € -6,802 | € -33,873 | € -48,349 | ▼ € 14,476 |
| Bank debt | € 39,417 | € 32,218 | € 24,623 | ▼ 24% |
| Balance sheet total | € 73,868 | € 41,938 | € 24,053 | ▼ 43% |
Key figures of P&S WORKS, fiscal years 2023 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 P&S WORKS?
What happened at P&S WORKS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 14,476. Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Wetteren. KBO
In short
From € 6,802 loss in 2023 to € 14,476 loss in 2025.
Paid € 300 in corporate taxes since 2023.
Establishments
Establishment units
Physical locations of this company
Kriephoekstraat 72
9230 Wetteren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- DHONDT Peter Etienne Rita(oprichter) 50%
- DE SPIEGELEIRE Sophie Rudolf Marie(oprichter) 50%
Details
- Company number
- 0784.228.370
- VAT number
- BE 0784.228.370
- Registered office
- Kriephoekstraat 72, 9230 Wetteren
- Names & denominations
- P&S WORKS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 March 2022
- Peppol
- Active · Active since 6 Dec 2025
- Activities · NACE
Dakwerkzaamheden
Ontwikkeling van niet-residentiële bouwprojecten
Handelsbemiddeling in de groothandel in textiel, kleding, bont, schoeisel en lederwaren
Overige zakelijke dienstverlening, neg