Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
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Busy address KBO
29 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
PetSerCo Holding from Elsene, company number BE0788446781, closed financial year 2024 with a result of € -1.6 million after tax. For that financial year PetSerCo Holding recorded revenue of € 316,544 and equity of € 100.7 million. Compared with financial year 2023, the result moved from € -828,585 to € -1.6 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 6, 2025.
€ 100.7 million
▼ 1% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.6 million
▼ 90 % more loss than in 2023
Profit after tax over the fiscal year.
€ 540,041
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -4.4 million.
Debts at end 2024
€ 33.1 million
▲ 65% vs 2023
€ 875,000 is repaid this year. At this pace the long-term loan is gone in ≈ 38 years.
€ 209,749
▼ 15% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 67 days on average.
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| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Revenue | € 168,750 | € 405,000 | € 316,544 | ▼ 22% |
| Profit after taxes | € -2,038,321 | € -828,585 | € -1,570,628 | ▼ € 742,043 |
| Equity | € 102,168,679 | € 101,340,094 | € 100,748,466 | ▼ 1% |
| Total debts | € 25,324,068 | € 20,263,537 | € 38,942,150 | ▲ 92% |
| Cash | € 6,397,684 | - | € 540,041 | |
| Retained profit | € -2,038,321 | € -2,866,906 | € -4,437,534 | ▼ € 1.6 million |
| Bank debt | € 25,000,000 | € 20,018,143 | € 33,100,001 | ▲ 65% |
| Balance sheet total | € 127,492,747 | € 121,603,631 | € 139,690,616 | ▲ 15% |
Key figures of PetSerCo Holding, 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 PetSerCo Holding?
What happened at PetSerCo Holding in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jesper HOJER stepped down as director. NBB
- Norawild SRL stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 1.6 million. filed late Source: NBB ↗
- Red black Capital SA became a director. NBB
- Jesper HOJER became a director. NBB
- Pascal Clouzard became a director. NBB
- Norawild SRL became a director. NBB
- Lionel Desclée de Maredsous became a director. NBB
In short
From € 2 million loss in 2022 to € 1.6 million loss in 2024.
Pays suppliers within 67 days on average.
A new publication or filing at PetSerCo Holding? We notify you, reason included.
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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
The stake of VERLINVEST, WAY2GROW, Norawild comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PetSerCo HoldingBehind PetSerCo Holding are Pascal Clouzard, Red black Capital SA, Lionel Desclée de Maredsous, Gilles VANHOUWE and Philippe Dechamps. The shares are held by VERLINVEST (65.8%), WAY2GROW (16.6%) and Norawild (16.1%). It owns 100% of PetSerCo and 99% of BARQ EUROPE NV itself.
Directors
According to the 2024 annual accounts
Pascal Clouzard
Director
since 2023
Director · represented by Italia Roberto
since 2024
Lionel Desclée de Maredsous
Director
since 2022
Gilles VANHOUWE
Director
since 2022
Philippe Dechamps
Director
since 2022
Managing director · represented by Thierry Le Grelle
Also active at: D'Ieteren Group, ANISERCO, BARQ, ANISTORES, BARQ EUROPE
since 2023 · until 2029
since 2023 · until 2029
Shareholders
Participations
100%
99%
Establishments
Establishment units
Physical locations of this company
Eugène Flageyplein 18
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 29 companies are registered at this address.
All companies at this address →Opératie 1971
MERIFIN EUROPE
€ 652,024 gross margin · 2025
Euregalia
VERLINVEST same network
€ 1.2 million revenue · 2025
Brussels Jazz Orchestra
+24 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
- 0788.446.781
- VAT number
- BE 0788.446.781
- Registered office
- Eugène Flageyplein 18, 1050 Elsene
- Names & denominations
- PetSerCo Holding
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 July 2022
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Diverse administratieve activiteiten ten behoeve van kantoren