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.
-
Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PSE from Hasselt, company number BE0824609866, closed financial year 2025 with a result of € -56,096 after tax. For that financial year PSE recorded a gross margin of € 12,475 and equity of € -327,953. Compared with financial year 2024, the result moved from € 11,464 to € -56,096. The company made a loss. 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 September 23, 2026.
€ -327,953
▼ € 56,096 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -56,096
▼ still € 11,464 profit in 2024
Profit after tax over the fiscal year.
€ 0
▼ 100% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -346,553.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 52,696
▲ 102% vs 2024
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
€ 11,931
▲ 22% vs 2024
Loans from banks and other lenders, long and short.
€ 284,051
▼ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,158 | € -3,652 | € -33,925 | € 12,475 | ▲ € 46,400 |
| Profit after taxes | € -1,404 | € -4,476 | € 11,464 | € -56,096 | ▼ € 67,560 |
| Equity | € -278,845 | € -283,321 | € -271,857 | € -327,953 | ▼ € 56,096 |
| Total debts | € 378,078 | € 373,674 | € 352,729 | € 452,366 | ▲ 28% |
| Cash | € 50 | € 35 | € 1,011 | € 0 | ▼ 100% |
| Retained profit | € -297,445 | € -301,921 | € -290,457 | € -346,553 | ▼ € 56,096 |
| Bank debt | € 0 | € 0 | € 9,764 | € 11,931 | ▲ 22% |
| Balance sheet total | € 99,233 | € 90,353 | € 80,872 | € 124,413 | ▲ 54% |
Key figures of PSE, 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 PSE?
What happened at PSE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 56,096 (▼ € 67,560 vs 2024). filed late Source: NBB ↗
- New establishment in Hasselt. KBO
- Serge Van Ruijssevelt Serge became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,404 loss in 2022 to € 56,096 loss in 2025.
Best year ever: 2024, with € 11,464 profit.
A new publication or filing at PSE? We notify you, reason included.
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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 PSE is Serge Van Ruijssevelt Serge.
Directors
According to the 2025 annual accounts
Serge Van Ruijssevelt Serge
Director
since 2010
Establishments
Establishment units
Physical locations of this company
Havermarkt 18 box 1
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0824.609.866
- VAT number
- BE 0824.609.866
- Registered office
- Havermarkt 18 bus 1, 3500 Hasselt
- Names & denominations
- PSE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 April 2010
- Peppol
- Active · Active since 18 Sept 2025
- Contact
- peausurpeau.be
- Activities · NACE
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