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 17 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PTM from Oudenaarde, company number BE0849851939, closed financial year 2025 with a result of € -4,889 after tax. For that financial year PTM recorded a gross margin of € 198,169 and equity of € 88,771. Compared with financial year 2024, the result moved from € 20,082 to € -4,889. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 88,771
▼ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,889
▼ still € 20,082 profit in 2024
Profit after tax over the fiscal year.
€ 37,361
▼ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 28,771.
People and assets in 2025
6.4
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 160,513
▼ 21% vs 2024
€ 25,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,083
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1,732
▼ 96% vs 2024
Loans from banks and other lenders, long and short.
€ 240,430
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,142
▼ 47% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 211,083 | € 256,568 | € 273,784 | € 198,169 | ▼ 28% |
| Profit after taxes | € 1,926 | € 3,726 | € 20,082 | € -4,889 | ▼ € 24,971 |
| Equity | € 140,350 | € 109,092 | € 129,173 | € 88,771 | ▼ 31% |
| Total debts | € 321,007 | € 374,390 | € 351,564 | € 260,676 | ▼ 26% |
| Cash | € 49,438 | € 83,306 | € 97,716 | € 37,361 | ▼ 62% |
| Land & buildings | € 146,110 | € 141,973 | € 136,342 | € 134,054 | ▼ 2% |
| Retained profit | € 80,350 | € 49,092 | € 69,173 | € 28,771 | ▼ 58% |
| Dividend | € 39,983 | € 34,985 | € 0 | € 35,514 | |
| Bank debt | € 19,969 | € 20,287 | € 43,109 | € 1,732 | ▼ 96% |
| Balance sheet total | € 461,357 | € 483,481 | € 480,737 | € 349,447 | ▼ 27% |
| Employees (FTE) | 2 | 6.4 | 7.2 | 6.4 | ▼ 0.8 |
Key figures of PTM, 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 PTM?
What happened at PTM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,889 (▼ € 24,971 vs 2024). Source: NBB ↗
- New establishment in Oudenaarde. KBO
- Start of the company according to the CBE. KBO
- Pieter Muys became a director. NBB
In short
From € 1,926 profit in 2022 to € 4,889 loss in 2025.
Paid € 18,145 in corporate taxes since 2022.
Best year ever: 2024, with € 20,082 profit.
On average € 31,000 of value added per employee in 2025.
Management
Behind PTM is Pieter Muys.
Directors
According to the 2025 annual accounts
Pieter Muys
Director
since 2012
Establishments
Establishment units
Physical locations of this company
Vleesstraat 13
9700 Oudenaarde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0849.851.939
- VAT number
- BE 0849.851.939
- Registered office
- Vleesstraat 13, 9700 Oudenaarde
- Names & denominations
- PTM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 October 2012
- Peppol
- Active · Active since 26 Dec 2025
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