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 53 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DIRK PANNECOUCKE from Ledegem, company number BE0870735841, closed financial year 2025 with a result of € 12,835 after tax. For that financial year DIRK PANNECOUCKE recorded a gross margin of € 196,853 and equity of € 68,998. Compared with financial year 2024, the result moved from € 5,697 to € 12,835. 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 June 28, 2026.
€ 68,998
▲ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,835
▲ 125% vs 2024
Profit after tax over the fiscal year.
€ 17,512
▲ 11% 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 € 59,798.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 133,168
▼ 7% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 14,910
▼ 52% vs 2024
Of which on lease € 10,624.
Debts at end 2025
€ 159,878
▼ 14% vs 2024
€ 127,695 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 23,703
▼ 49% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 46,255
▲ 64% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 264,400 | € 227,640 | € 201,143 | € 196,853 | ▼ 2% |
| Profit after taxes | € 3,574 | € 12,689 | € 5,697 | € 12,835 | ▲ 125% |
| Equity | € 50,466 | € 50,466 | € 56,164 | € 68,998 | ▲ 23% |
| Total debts | € 332,127 | € 275,774 | € 261,387 | € 236,797 | ▼ 9% |
| Cash | € 16,958 | € 5,251 | € 15,751 | € 17,512 | ▲ 11% |
| Land & buildings | € 84,842 | € 76,987 | € 67,722 | € 59,893 | ▼ 12% |
| Retained profit | € 41,266 | € 41,266 | € 46,964 | € 59,798 | ▲ 27% |
| Dividend | € 0 | € 12,689 | € 0 | € 0 | |
| Bank debt | € 216,756 | € 200,487 | € 186,718 | € 159,878 | ▼ 14% |
| Balance sheet total | € 382,593 | € 326,241 | € 317,550 | € 305,796 | ▼ 4% |
By gross margin, DIRK PANNECOUCKE ranks 4th of 6 companies with main activity “Vervaardiging van metalen constructiewerken en delen daarvan” in Ledegem that publish figures (fiscal year 2025).
Key figures of DIRK PANNECOUCKE, 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.
Ask about DIRK PANNECOUCKE the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to DIRK PANNECOUCKE?
What happened at DIRK PANNECOUCKE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 12,835 (▲ 125% vs 2024). Source: NBB ↗
- New establishment in Ledegem. KBO
- DIRK PANNECOUCKE became a director. NBB
- Incorporation, published in the Gazette. Source: Staatsblad ↗
In short
From € 3,574 profit in 2022 to € 12,835 profit in 2025.
Paid € 19,135 in corporate taxes since 2022.
Best year ever: 2025, with € 12,835 profit.
Paid out € 12,689 in dividends to the owners in total.
Management
Behind DIRK PANNECOUCKE is DIRK PANNECOUCKE.
Directors
According to the 2025 annual accounts
DIRK PANNECOUCKE
Director
since 2005
Establishments
Establishment units
Physical locations of this company
Driepikkelstraat 1
8880 Ledegem
Korteweg 9
8880 Ledegem
Active since 1 January 2005
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Ledegem
Same main activity (Vervaardiging van metalen constructiewerken en delen daarvan), 6 active companies in Ledegem, largest first.
€ 2.4 million gross margin · 2025
€ 2.4 million gross margin · 2026
€ 201,205 gross margin · 2025
€ 186,750 gross margin · 2025
€ 19,706 gross margin · 2025
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.
Incorporation
Source: Deed ↗- PANNECOUCKE Dirk(oprichter) 50%
- VANTOMME Marieen Noella Anna(oprichter) 50%
Details
- Company number
- 0870.735.841
- VAT number
- BE 0870.735.841
- Registered office
- Driepikkelstraat 1, 8880 Ledegem
- Names & denominations
- DIRK PANNECOUCKE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 2004
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Vervaardiging van metalen constructiewerken en delen daarvan
Vervaardiging van metalen constructiewerken en onderdelen daarvan