Financials
Financial year 2025
PETNET from Gent, company number BE0848102177, closed financial year 2025 with a result of € 77,267 after tax. For that financial year PETNET recorded a gross margin of € 118,579 and equity of € 280,880. Compared with financial year 2024, the result moved from € 70,729 to € 77,267. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 17, 2026.
€ 280,880
▼ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 77,267
▲ 9% vs 2024
Profit after tax over the fiscal year.
€ 85,657
▲ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 157,531 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 2,850
▼ 41% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2,733
▲ 37% vs 2024
Loans from banks and other lenders, long and short.
€ 1,589
▼ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,136
▼ 88% vs 2024
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 | € 69,921 | € 120,326 | € 103,005 | € 118,579 | ▲ 15% |
| Profit after taxes | € 41,541 | € 78,228 | € 70,729 | € 77,267 | ▲ 9% |
| Equity | € 225,577 | € 290,415 | € 361,144 | € 280,880 | ▼ 22% |
| Total debts | € 62,886 | € 46,386 | € 54,123 | € 47,574 | ▼ 12% |
| Cash | € 107,754 | € 109,824 | € 82,244 | € 85,657 | ▲ 4% |
| Land & buildings | € 119,079 | € 113,237 | € 107,400 | € 102,907 | ▼ 4% |
| Retained profit | € 205,577 | € 270,415 | € 341,144 | € 260,880 | ▼ 24% |
| Dividend | € 50,553 | € 0 | € 0 | € 157,531 | |
| Bank debt | € 0 | € 0 | € 1,995 | € 2,733 | ▲ 37% |
| Balance sheet total | € 288,462 | € 336,801 | € 415,268 | € 328,454 | ▼ 21% |
Key figures of PETNET, 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 PETNET?
What happened at PETNET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 77,267 (▲ 9% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
- Thomas Van Nielandt became a director. NBB
In short
From € 41,541 profit in 2022 to € 77,267 profit in 2025.
Paid € 110,038 in corporate taxes since 2022.
Best year ever: 2023, with € 78,228 profit.
Paid out € 208,084 in dividends to the owners in total.
Management
Behind PETNET is Thomas Van Nielandt. Thomas Van Nielandt is also behind VAN NIELANDT.
Directors
According to the 2025 annual accounts
since 2012
Establishments
Establishment units
Physical locations of this company
Koning Albertlaan 157
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0848.102.177
- VAT number
- BE 0848.102.177
- Registered office
- Koning Albertlaan 157, 9000 Gent
- Names & denominations
- PETNET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 August 2012
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Activiteiten van holdings
Holdings