Financials
Financial year 2025
PTM GROUP from Gent, company number BE0807767894, closed financial year 2025 with a result of € 406,893 after tax. For that financial year PTM GROUP recorded a gross margin of € 1.2 million and equity of € 11.6 million. Compared with financial year 2024, the result moved from € 422,629 to € 406,893. The company is profitable. 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 October 31, 2025.
€ 11.6 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 406,893
▼ 4% vs 2024
Profit after tax over the fiscal year.
€ 1.5 million
▲ € 1.3 million 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 € 8.9 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 8,346
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 7.4 million
▼ 18% vs 2024
€ 532,152 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 62,803
▼ 84% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 86,906
▲ 208% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 542,305 | € 668,841 | € 875,425 | € 1,175,386 | ▲ 34% |
| Profit after taxes | € 434,332 | € 445,342 | € 422,629 | € 406,893 | ▼ 4% |
| Equity | € 10,311,224 | € 10,756,566 | € 11,179,195 | € 11,586,088 | ▲ 4% |
| Total debts | € 6,574,292 | € 8,754,380 | € 11,430,473 | € 9,048,289 | ▼ 21% |
| Cash | € 750,724 | € 1,294,794 | € 177,605 | € 1,526,247 | ▲ € 1.3 million |
| Land & buildings | € 6,722,406 | € 7,740,406 | € 7,722,270 | € 8,937,835 | ▲ 16% |
| Retained profit | € 7,615,850 | € 8,061,191 | € 8,483,821 | € 8,890,714 | ▲ 5% |
| Bank debt | € 5,279,277 | € 6,874,587 | € 9,056,981 | € 7,391,128 | ▼ 18% |
| Balance sheet total | € 16,916,949 | € 19,537,566 | € 22,631,477 | € 20,651,372 | ▼ 9% |
Key figures of PTM GROUP, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to PTM GROUP?
What happened at PTM GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 406,893 (▼ 4% vs 2024). Source: NBB ↗
- New establishment in Schaarbeek. KBO
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
- Pieter Vagenende became a director. NBB
In short
From € 434,332 profit in 2022 to € 406,893 profit in 2025.
Paid € 238,393 in corporate taxes since 2022.
Best year ever: 2023, with € 445,342 profit.
Management
Behind PTM GROUP is Pieter Vagenende. It owns 99.5% of Fyber49, 89.9% of Nopek and 40% of Infratects itself.
Directors
According to the 2025 annual accounts
Pieter Vagenende
Director
since 2008
Establishments
Establishment units
Physical locations of this company
Pleispark 49
9051 Gent
Albert Giraudlaan 49
1030 Schaarbeek
Active since 1 January 2010
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
- 0807.767.894
- VAT number
- BE 0807.767.894
- Registered office
- Pleispark 49, 9051 Gent
- Names & denominations
- PTM GROUP · PTM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 November 2008
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
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