Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
Financials
Financial year 2025
PQ BELGIUM from Brussel, company number BE0810307316, closed financial year 2025 with a result of € 13,918 after tax. For that financial year PQ BELGIUM recorded revenue of € 38.3 million and equity of € -3.9 million. Compared with financial year 2024, the result moved from € 93,601 to € 13,918. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 17, 2026.
€ -3.9 million
▲ € 28,673 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13,918
▼ 85% vs 2024
Profit after tax over the fiscal year.
€ 4.3 million
▲ 2% 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 € -17.9 million.
People and assets in 2025
364.1
▼ 20.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 16.4 million
▼ 10% vs 2024
€ 45,000 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.
€ 765,060
▼ 26% vs 2024
Of which on lease € 90,759.
Debts at end 2025
€ 8.3 million
€ 545,384 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 7.2 million
▲ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 117 days on average.
€ 4.2 million
▼ 22% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 24,622,894 | € 36,153,616 | € 41,159,166 | € 38,332,221 | ▼ 7% |
| Profit after taxes | € -3,363,220 | € -581,090 | € 93,601 | € 13,918 | ▼ 85% |
| Equity | € -3,009,484 | € -3,453,537 | € -3,954,598 | € -3,925,925 | ▲ € 28,673 |
| Total debts | € 17,113,770 | € 17,941,714 | € 19,798,757 | € 19,801,292 | |
| Cash | € 4,444,895 | € 3,142,733 | € 4,171,864 | € 4,273,277 | ▲ 2% |
| Retained profit | € -16,984,388 | € -17,428,441 | € -17,929,502 | € -17,900,829 | |
| Bank debt | € 5,134,007 | € 5,122,399 | € 8,338,755 | € 8,347,002 | |
| Balance sheet total | € 14,161,332 | € 14,535,926 | € 15,858,914 | € 15,875,368 | |
| Employees (FTE) | 370.5 | 354 | 384.6 | 364.1 | ▼ 20.5 |
Key figures of PQ BELGIUM, fiscal years 2021 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 PQ BELGIUM?
What happened at PQ BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- A.V.O.-Management stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 13,918 (▼ 85% vs 2024). Source: NBB ↗
- New establishment in Sint-Pieters-Woluwe. KBO
- New establishment in Gent. KBO
- New establishment in Antwerpen. KBO
- New establishment in Brussel. KBO
- New establishment in Brussel. KBO
- New establishment in Waterloo. KBO
In short
From € 3.4 million loss in 2021 to € 13,918 profit in 2025.
Paid € 20,744 in corporate taxes since 2021.
Best year ever: 2024, with € 93,601 profit.
Pays suppliers within 117 days on average.
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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 l' Atelier du Pain, Brunchco 21 comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PQ BELGIUMBehind PQ BELGIUM is LNF Consult. The shares are held by l' Atelier du Pain (44%) and Brunchco 21. It owns 100% of Lapausa itself.
Directors
According to the 2025 annual accounts
Director · represented by Annick Van Overstraeten
Also active at: FINANCIERE DE TUBIZE, "IMMOBEL" OU "COMPAGNIE IMMOBILIERE DE BELGIQUE " OU " IMMOBILIEN VENNOOTSCHAP VAN BELGIE", LAPAUSA, GIMBER, FLEETINVEST, Euro Shoe Group, Lunch Garden Belgium
· until 2026
Shareholders
Participations
100%
Establishments
Establishment units
Physical locations of this company
Havenlaan 86 box C
1000 Brussel
Antoine Dansaertstraat 14-16
1000 Brussel
Active since 9 May 2001
Louizalaan 124
1050 Brussel
Active since 1 October 2005
Waterloose Steenweg 515
1050 Elsene
Active since 23 March 2009
Markt 75
1780 Wemmel
Active since 8 June 2009
Lange Kievitstraat 107
2018 Antwerpen
Active since 4 March 2010
Dumortierlaan 75
8300 Knokke-Heist
Active since 4 March 2010
Steenhouwersvest 48
2000 Antwerpen
Active since 4 March 2010
Kalandeberg 10
9000 Gent
Active since 28 February 2011
Tongerenstraat 71-73
1040 Etterbeek
Active since 28 February 2011
IJzerenleen 35
2800 Mechelen
Active since 10 June 2011
Rue du Mouton-Blanc 19
4000 Liège
Active since 28 August 2012
Koninginnegalerij 11
1000 Brussel
Active since 1 December 2012
Louis Lepoutrelaan 2
1050 Elsene
Active since 12 August 2014
Simon Stevinplein 15
8000 Brugge
Active since 15 May 2016
Zetellaan(E) 100
3630 Maasmechelen
Active since 1 September 2016
Korenmarkt 16
9000 Gent
Active since 13 June 2016
Chaussée de Bruxelles 125
1410 Waterloo
Active since 1 January 2017
Brusselsesteenweg 497
3090 Overijse
Active since 1 January 2017
Boondaalse Steenweg 477-483
1050 Elsene
Active since 1 January 2017
Zavelstraat 11
1000 Brussel
Active since 1 January 2017
Havenlaan 86 C
1000 Brussel
Active since 1 April 2017
Belgiëplein 1
1020 Brussel
Active since 17 November 2017
Leopold de Waelplaats 8
2000 Antwerpen
Active since 1 April 2020
Maaltekouter 1
9051 Gent
Active since 13 September 2022
de Hinnisdaellaan 6
1150 Sint-Pieters-Woluwe
Active since 1 August 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0810.307.316
- VAT number
- BE 0810.307.316
- Registered office
- Havenlaan 86 bus C, 1000 Brussel
- Names & denominations
- PQ BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 March 2009
- Peppol
- Active · Active since 17 Nov 2025
- Activities · NACE
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Industriële vervaardiging van brood en van vers banketbakkerswerk
Eetgelegenheden met beperkte bediening
Handelsbemiddeling in de groothandel in voedings- en genotmiddelen
Hotels en dergelijke accommodatie
Groothandel in dranken, algemeen assortiment
Detailhandel in tabaksproducten
Detailhandel in vaste, vloeibare en gasvormige brandstoffen, muv motorbrandstoffen
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