Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
P&W Immo from Aalst, company number BE0832884461, closed financial year 2025 with a result of € 31,594 after tax. For that financial year P&W Immo recorded a gross margin of € 127,067 and equity of € 228,113. Compared with financial year 2024, the result moved from € 30,887 to € 31,594. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 228,113
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 31,594
▲ 2% vs 2024
Profit after tax over the fiscal year.
€ 44,487
▲ 64% 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 € -71,887.
Debts at end 2025
€ 510,749
▼ 14% vs 2024
€ 86,474 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 399
▼ 97% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 919
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 126,712 | € 126,274 | € 130,677 | € 127,067 | ▼ 3% |
| Profit after taxes | € 24,711 | € 24,480 | € 30,887 | € 31,594 | ▲ 2% |
| Equity | € 141,152 | € 165,632 | € 196,519 | € 228,113 | ▲ 16% |
| Total debts | € 1,068,243 | € 997,038 | € 943,296 | € 857,017 | ▼ 9% |
| Cash | € 5,280 | € 11,285 | € 27,103 | € 44,487 | ▲ 64% |
| Land & buildings | € 1,091,242 | € 1,057,061 | € 1,022,879 | € 988,697 | ▼ 3% |
| Retained profit | € -158,848 | € -134,368 | € -103,481 | € -71,887 | ▲ € 31,594 |
| Bank debt | € 748,216 | € 672,555 | € 593,453 | € 510,749 | ▼ 14% |
| Balance sheet total | € 1,209,395 | € 1,162,670 | € 1,139,815 | € 1,085,130 | ▼ 5% |
Key figures of P&W Immo, 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 P&W Immo?
What happened at P&W Immo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 31,594 (▲ 2% vs 2024). Source: NBB ↗
- Geert De Neef became a director. NBB
- Club Sports Diffusion NV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 24,711 profit in 2022 to € 31,594 profit in 2025.
Best year ever: 2025, with € 31,594 profit.
Management
The stake of LYTAX comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
P&W ImmoBehind P&W Immo are Geert De Neef and Club Sports Diffusion NV. The shares are held by LYTAX (50%).
Directors
According to the 2025 annual accounts
Geert De Neef
Director
since 2022
Director · represented by Hans De Neef
Also active at: PLASSCHAERT, VASTGOED NOORD, HECTOR INVESTMENT, Havenlofts Gent, MARGOTE, 't Oud Klooster, landvoogd Aelbrecht, Isabella +1 more
since 2022
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Achtermaal 39
9320 Aalst
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
- 0832.884.461
- VAT number
- BE 0832.884.461
- Registered office
- Achtermaal 39, 9320 Aalst
- Names & denominations
- P&W Immo
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 January 2011
- Peppol
- Active · Active since 31 Aug 2023
- Contact
- [email protected]
- Activities · NACE
Activiteiten van hoofdkantoren
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen