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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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
PACELINE from Merelbeke-Melle, company number BE0842047595, closed financial year 2025 with a result of € 0 after tax. Compared with financial year 2024, the result moved from € 0 to € 0. Around break-even. 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 August 31, 2026.
€ -26,428
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 0
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -32,628.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 4,825
Loans from banks and other lenders, long and short.
| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -4 | - | - | - | |
| Profit after taxes | € -1,307 | € 0 | € 0 | € 0 | |
| Equity | € 74 | € 74 | € -26,428 | € -26,428 | |
| Total debts | € 29,746 | € 29,746 | € 27,978 | € 27,978 | |
| Cash | € 1,364 | € 1,364 | - | - | |
| Retained profit | € -6,126 | € -6,126 | € -32,628 | € -32,628 | |
| Bank debt | € 4,825 | € 4,825 | € 4,825 | € 4,825 | |
| Balance sheet total | € 29,820 | € 29,820 | € 1,550 | € 1,550 |
Key figures of PACELINE, 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 PACELINE?
What happened at PACELINE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 0. filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
- Heimen Geert Broekhuizen became a director. NBB
In short
From € 1,307 loss in 2021 to € 0 profit in 2025.
Management
Behind PACELINE is Heimen Geert Broekhuizen .
Directors
According to the 2025 annual accounts
Heimen Geert Broekhuizen
Director
since 2011
Establishments
Establishment units
Physical locations of this company
Hundelgemsesteenweg 19
9820 Merelbeke-Melle
Frans Ackermanstraat 24 box 202
9000 Gent
Active since 22 December 2011
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.
Details
- Company number
- 0842.047.595
- VAT number
- BE 0842.047.595
- Registered office
- Hundelgemsesteenweg 19, 9820 Merelbeke-Melle
- Names & denominations
- PACELINE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 2011
- Peppol
- Not registered
- Contact
- [email protected] 0477396099
- Activities · NACE
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