Financials
Financial year 2025
PADAO from Bornem, company number BE0786626844, closed financial year 2025 with a result of € 62,459 after tax. For that financial year PADAO recorded a gross margin of € 161,679 and equity of € 176,054. Compared with financial year 2024, the result moved from € 33,767 to € 62,459. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 18, 2026.
€ 176,054
▲ 55% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 62,459
▲ 85% vs 2024
Profit after tax over the fiscal year.
€ 7,371
▼ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 166,054.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 76,378
▲ 65% 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.
€ 1,874
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 16,907
Supplier invoices still open on the last day of the fiscal year.
€ 106,289
▲ 40% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 118,375 | € 90,421 | € 161,679 | ▲ 79% |
| Profit after taxes | € 69,827 | € 33,767 | € 62,459 | ▲ 85% |
| Equity | € 79,827 | € 113,595 | € 176,054 | ▲ 55% |
| Total debts | € 49,299 | € 93,069 | € 123,333 | ▲ 33% |
| Cash | € 24,069 | € 19,410 | € 7,371 | ▼ 62% |
| Retained profit | € 69,827 | € 103,595 | € 166,054 | ▲ 60% |
| Balance sheet total | € 129,126 | € 206,663 | € 299,387 | ▲ 45% |
Key figures of PADAO, 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 PADAO?
What happened at PADAO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 62,459 (▲ 85% vs 2024). filed late Source: NBB ↗
- New establishment in Bornem. KBO
- Start of the company according to the CBE. KBO
In short
From € 69,827 profit in 2023 to € 62,459 profit in 2025.
Paid € 55,259 in corporate taxes since 2023.
Best year ever: 2023, with € 69,827 profit.
Management
Behind PADAO is Paul Plas.
Directors
According to the 2025 annual accounts
Paul Plas
Director
Establishments
Establishment units
Physical locations of this company
Puursesteenweg(BOR) 376 box 4
2880 Bornem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →C&V ENGINEERING
€ 187,007 gross margin · 2024
BAJART ORTHOPEDIE
€ 525,546 gross margin · 2025
Vereniging van mede-eigenaars Business Park Puursesteenweg te Bornem, Puursesteenweg 376
MARYLISSE
€ 58,427 gross margin · 2025
YE Cars
€ -83,630 gross margin · 2024
+1 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
- 0786.626.844
- VAT number
- BE 0786.626.844
- Registered office
- Puursesteenweg(BOR) 376 bus 4, 2880 Bornem
- Names & denominations
- PADAO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 May 2022
- Peppol
- Active · Active since 16 Oct 2026
- Activities · NACE
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