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 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 48 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PIETERS-VERHAEGHE from Kortemark, company number BE0822478539, closed financial year 2025 with a result of € -12,341 after tax. For that financial year PIETERS-VERHAEGHE recorded a gross margin of € 211,790 and equity of € 1 million. Compared with financial year 2024, the result moved from € -27,060 to € -12,341. 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 April 30, 2026.
€ 1 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,341
▲ 54 % less loss than in 2024
Profit after tax over the fiscal year.
€ 688,910
▲ 165% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -144,167.
People and assets in 2025
1.3
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 22,319
▼ 38% vs 2024
€ 17,200 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.
€ 16,130
▼ 50% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 414,015
▲ 111% vs 2024
€ 46,757 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 34,815
▼ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 67,104
▲ 148% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 358,535 | € 241,149 | € 214,683 | € 211,790 | ▼ 1% |
| Profit after taxes | € 118,551 | € 3,465 | € -27,060 | € -12,341 | ▲ € 14,719 |
| Equity | € 2,041,769 | € 1,045,234 | € 1,018,174 | € 1,005,833 | ▼ 1% |
| Total debts | € 505,404 | € 1,447,041 | € 1,360,361 | € 1,750,637 | ▲ 29% |
| Cash | € 222,361 | € 338,434 | € 259,486 | € 688,910 | ▲ 165% |
| Land & buildings | € 1,546,186 | € 1,418,538 | € 1,282,911 | € 1,147,284 | ▼ 11% |
| Retained profit | € -108,231 | € -104,766 | € -131,826 | € -144,167 | ▼ € 12,341 |
| Bank debt | € 320,848 | € 258,359 | € 195,782 | € 414,015 | ▲ 111% |
| Balance sheet total | € 2,547,173 | € 2,492,274 | € 2,378,535 | € 2,756,470 | ▲ 16% |
| Employees (FTE) | - | - | 1.6 | 1.3 | ▼ 0.3 |
Key figures of PIETERS-VERHAEGHE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to PIETERS-VERHAEGHE?
What happened at PIETERS-VERHAEGHE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 12,341. Source: NBB ↗
- New establishment in Kortemark. KBO
- Start of the company according to the CBE. KBO
In short
From € 118,551 profit in 2022 to € 12,341 loss in 2025.
Paid € 2,720 in corporate taxes since 2022.
Best year ever: 2022, with € 118,551 profit.
On average € 162,900 of value added per employee in 2025.
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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
Behind PIETERS-VERHAEGHE are Ilse Verhaeghe and Jan Pieters.
Directors
According to the 2025 annual accounts
Ilse Verhaeghe
Director
Jan Pieters
Director
Establishments
Establishment units
Physical locations of this company
Noordbosstraat 2 box a
8610 Kortemark
Noordbosstraat 2A
8610 Kortemark
Active since 29 January 2010
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0822.478.539
- VAT number
- BE 0822.478.539
- Registered office
- Noordbosstraat 2 bus a, 8610 Kortemark
- Names & denominations
- PIETERS-VERHAEGHE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 January 2010
- Peppol
- Active · Active since 14 May 2025
- Activities · NACE
Pensions voor huisdieren
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Activiteiten van paardensportclubs
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Fokken en houden van paarden en andere paardachtigen
Eetgelegenheden met beperkte bediening