Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PB IMMO from Waregem, company number BE0802651046, closed financial year 2025 with a result of € -183,230 after tax. For that financial year PB IMMO recorded a gross margin of € 96,346 and equity of € 777,935. Compared with financial year 2024, the result moved from € -294,891 to € -183,230. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 777,935
▲ € 981,526 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -183,230
▲ 38 % less loss than in 2024
Profit after tax over the fiscal year.
€ 33,168
▲ 140% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 746,374.
Debts at end 2025
€ 2.3 million
▲ 17% vs 2024
€ 99,164 is repaid this year. At this pace the long-term loan is gone in ≈ 23 years.
€ 201,144
▲ € 196,957 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -20,376 | € 96,346 | ▲ € 116,723 |
| Profit after taxes | € -294,891 | € -183,230 | ▲ € 111,661 |
| Equity | € -203,591 | € 777,935 | ▲ € 981,526 |
| Total debts | € 2,336,651 | € 3,363,381 | ▲ 44% |
| Cash | € 13,837 | € 33,168 | ▲ 140% |
| Land & buildings | € 2,115,642 | € 3,763,367 | ▲ 78% |
| Retained profit | € -215,789 | € 746,374 | ▲ € 962,163 |
| Bank debt | € 1,975,000 | € 2,302,622 | ▲ 17% |
| Balance sheet total | € 2,133,060 | € 4,141,316 | ▲ 94% |
Key figures of PB IMMO, fiscal years 2024 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 PB IMMO?
What happened at PB IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 183,230. Source: NBB ↗
- New establishment in Avelgem. KBO
- Start of the company according to the CBE. KBO
- H2L became a director. NBB
In short
From € 294,891 loss in 2024 to € 183,230 loss in 2025.
Management
The stake of H2L comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PB IMMOBehind PB IMMO is H2L. The shares are held by H2L (100%).
Directors
According to the 2025 annual accounts
Director · represented by Jan Pison
Also active at: DECOSTERE ACCOUNTANCY AVELGEM, DECOSTERE ACCOUNTANCY IZEGEM, DECOSTERE ACCOUNTANCY ROESELARE, DECOSTERE ACCOUNTANCY IEPER, DECOSTERE ACCOUNTANCY DRONGEN, DD FISC
since 2023
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Bosstraat 36
8790 Waregem
Burchthof 10/11
8580 Avelgem
Active since 12 June 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0802.651.046
- VAT number
- BE 0802.651.046
- Registered office
- Bosstraat 36, 8790 Waregem
- Names & denominations
- PB IMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 June 2023
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
Activiteiten van syndici van onroerend goed
Beheer van niet-residentieel onroerend goed voor een vast bedrag of op contractbasis
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen