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 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Verstraete Pigeons from Gent, company number BE0842622370, closed financial year 2025 with a result of € -13,260 after tax. For that financial year Verstraete Pigeons recorded a gross margin of € -10,814 and equity of € -1,200. Compared with financial year 2024, the result moved from € -20,218 to € -13,260. 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 May 26, 2026.
€ -1,200
▼ € 13,260 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,260
▲ 34 % less loss than in 2024
Profit after tax over the fiscal year.
€ 85,869
▼ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -136,200.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4,467
▼ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -12,264 | € -1,962 | € -17,145 | € -10,814 | ▲ € 6,331 |
| Profit after taxes | € -16,192 | € -5,201 | € -20,218 | € -13,260 | ▲ € 6,958 |
| Equity | € 37,478 | € 32,277 | € 12,059 | € -1,200 | ▼ € 13,260 |
| Total debts | € 140,498 | € 135,421 | € 132,221 | € 130,606 | ▼ 1% |
| Cash | € 127,327 | € 116,063 | € 99,501 | € 85,869 | ▼ 14% |
| Retained profit | € -97,522 | € -102,723 | € -122,941 | € -136,200 | ▼ € 13,260 |
| Balance sheet total | € 177,976 | € 167,699 | € 144,281 | € 129,406 | ▼ 10% |
Key figures of Verstraete Pigeons, 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 Verstraete Pigeons?
What happened at Verstraete Pigeons in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 13,260. filed late Source: NBB ↗
- Capital increase of € 130,000, published in the Gazette. Source: Staatsblad ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gent. KBO
- Carmen Verstraete became a director. NBB
In short
From € 16,192 loss in 2022 to € 13,260 loss in 2025.
Management
Behind Verstraete Pigeons is Carmen Verstraete.
Directors
According to the 2025 annual accounts
Carmen Verstraete
Director
since 2012
Establishments
Establishment units
Physical locations of this company
Invalidenstraat 38
9041 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Capital increase
Source: Deed ↗- Verstraete Xavier(onderschrijver) 97%
- Verstraete Carmen(onderschrijver) 2%
- Glorieux Brinda(onderschrijver) 1%
Incorporation
Source: Deed ↗- Verstraete Xavier(vennoot) 97%
- Verstraete Carmen(vennoot) 2%
- Glorieux Brinda(vennoot) 1%
Details
- Company number
- 0842.622.370
- VAT number
- BE 0842.622.370
- Registered office
- Invalidenstraat 38, 9041 Gent
- Names & denominations
- Verstraete Pigeons
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 January 2012
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
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