Financials
Financial year 2025
PaintFactory GENT from Nazareth, company number BE0810217541, closed financial year 2025 with a result of € 303,182 after tax. For that financial year PaintFactory GENT recorded a gross margin of € 753,135 and equity of € 581,752. Compared with financial year 2024, the result moved from € 187,113 to € 303,182. 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 July 28, 2026.
€ 581,752
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 303,182
▲ 62% vs 2024
Profit after tax over the fiscal year.
€ 295,174
▲ 41% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 220,000 paid out
73 % of the profit went to the shareholders, mostly to Garcelot (100 % of the shares). That is where the money ends up.
People and assets in 2025
4.7
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 318,862
▼ 6% vs 2024
€ 67,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 352,789
▼ 21% vs 2024
€ 82,471 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 44,151
▼ 62% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 81,910
▲ 181% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 512,337 | € 581,415 | € 621,059 | € 753,135 | ▲ 21% |
| Profit after taxes | € 182,312 | € 201,079 | € 187,113 | € 303,182 | ▲ 62% |
| Equity | € 420,378 | € 461,457 | € 498,570 | € 581,752 | ▲ 17% |
| Total debts | € 659,797 | € 698,580 | € 754,066 | € 716,995 | ▼ 5% |
| Cash | € 151,250 | € 194,218 | € 209,338 | € 295,174 | ▲ 41% |
| Land & buildings | € 662,529 | € 655,260 | € 659,462 | € 696,377 | ▲ 6% |
| Retained profit | € 395,378 | € 436,457 | € 473,570 | € 556,752 | ▲ 18% |
| Dividend | € 100,000 | € 160,000 | € 150,000 | € 220,000 | ▲ 47% |
| Bank debt | € 458,204 | € 395,039 | € 447,423 | € 352,789 | ▼ 21% |
| Balance sheet total | € 1,080,175 | € 1,160,037 | € 1,252,636 | € 1,298,747 | ▲ 4% |
| Employees (FTE) | 3.5 | 4.2 | 5.1 | 4.7 | ▼ 0.4 |
Key figures of PaintFactory GENT, fiscal years 2022 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 PaintFactory GENT?
What happened at PaintFactory GENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 303,182 (▲ 62% vs 2024). Source: NBB ↗
- New establishment in Nazareth-De Pinte. KBO
- Start of the company according to the CBE. KBO
In short
From € 182,312 profit in 2022 to € 303,182 profit in 2025.
Paid € 193,078 in corporate taxes since 2022.
Best year ever: 2025, with € 303,182 profit.
On average € 160,200 of value added per employee in 2025.
Management
The stake of Garcelot comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PaintFactory GENTBehind PaintFactory GENT is Garcelot BV. The shares are held by Garcelot (100%).
Directors
According to the 2025 annual accounts
Director · represented by Yves Op De Beeck
Also active at: BEVEPE, Paintfactory Hasselt, PAINTFACTORY KORTRIJK, Paintfactory Antwerpen, PAINTFACTORY ROESELARE
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oude Eedstraat 5 box A
9810 Nazareth
Oude Eedstraat 5A
9810 Nazareth-De Pinte
Active since 5 March 2009
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0810.217.541
- VAT number
- BE 0810.217.541
- Registered office
- Oude Eedstraat 5 bus A, 9810 Nazareth
- Names & denominations
- PaintFactory GENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 March 2009
- Peppol
- Active · Active since 12 Nov 2025
- Activities · NACE
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