Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 38 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
19PM from Waasmunster, company number BE0836446143, closed financial year 2025 with a result of € 32,614 after tax. For that financial year 19PM recorded a gross margin of € 45,504 and equity of € 158,738. Compared with financial year 2024, the result moved from € 17,279 to € 32,614. 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 30, 2026.
€ 158,738
▲ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 32,614
▲ 89% vs 2024
Profit after tax over the fiscal year.
€ 35,103
▲ 90% 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 € 152,538.
People and assets in 2025
€ 1,994
▼ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 7,285
▼ 63% vs 2024
Loans from banks and other lenders, long and short.
€ 22
▼ 72% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 22,628
▲ 38% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 44,528 | € -3,718 | € 34,427 | € 45,504 | ▲ 32% |
| Profit after taxes | € 16,636 | € -13,151 | € 17,279 | € 32,614 | ▲ 89% |
| Equity | € 163,148 | € 108,845 | € 126,124 | € 158,738 | ▲ 26% |
| Total debts | € 252,385 | € 259,045 | € 303,534 | € 301,800 | ▼ 1% |
| Cash | € 9,540 | € 4,807 | € 18,494 | € 35,103 | ▲ 90% |
| Retained profit | € 156,948 | € 102,645 | € 119,924 | € 152,538 | ▲ 27% |
| Dividend | € 0 | € 41,152 | € 0 | € 0 | |
| Bank debt | € 46,376 | € 32,272 | € 19,570 | € 7,285 | ▼ 63% |
| Balance sheet total | € 415,533 | € 367,890 | € 429,658 | € 460,537 | ▲ 7% |
Key figures of 19PM, 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 19PM?
What happened at 19PM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 32,614 (▲ 89% vs 2024). Source: NBB ↗
- New establishment in Waasmunster. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,636 profit in 2022 to € 32,614 profit in 2025.
Paid € 3,399 in corporate taxes since 2022.
Best year ever: 2025, with € 32,614 profit.
Paid out € 41,152 in dividends to the owners in total.
Management
Behind 19PM is Peter Paelinck. Peter Paelinck is also behind COLOR DESIGN, PUBLIQ, RE-ENERGY and NIVAN.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Bosstraat 9
9250 Waasmunster
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0836.446.143
- VAT number
- BE 0836.446.143
- Registered office
- Bosstraat 9, 9250 Waasmunster
- Names & denominations
- 19PM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 May 2011
- Peppol
- Active · Active since 27 Mar 2025
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