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 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PAIS SERGE from Kampenhout, company number BE0872466597, closed financial year 2025 with a result of € -118,207 after tax. For that financial year PAIS SERGE recorded a gross margin of € 180,702 and equity of € -2.3 million. Compared with financial year 2024, the result moved from € -246,546 to € -118,207. 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 August 28, 2026.
€ -2.3 million
▼ € 118,207 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -118,207
▲ 52 % less loss than in 2024
Profit after tax over the fiscal year.
€ 5,004
▼ 92% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.3 million.
People and assets in 2025
€ 271,409
▼ 9% 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.
€ 4,120
▼ 56% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.8 million
Loans from banks and other lenders, long and short.
€ 50,560
▲ 65% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 41,725
▲ 30% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 160,743 | € 201,243 | € 174,986 | € 180,702 | ▲ 3% |
| Profit after taxes | € -20,540 | € -54,576 | € -246,546 | € -118,207 | ▲ € 128,339 |
| Equity | € -1,832,285 | € -1,886,862 | € -2,133,408 | € -2,251,615 | ▼ € 118,207 |
| Total debts | € 2,902,922 | € 3,044,938 | € 3,209,686 | € 3,357,805 | ▲ 5% |
| Cash | € 37,268 | € 116,807 | € 64,515 | € 5,004 | ▼ 92% |
| Land & buildings | - | - | - | € 16,430 | |
| Retained profit | € -1,850,885 | € -1,905,462 | € -2,152,008 | € -2,270,215 | ▼ € 118,207 |
| Bank debt | € 0 | € 2,000,000 | € 1,849,385 | € 1,849,385 | |
| Balance sheet total | € 1,070,637 | € 1,158,076 | € 1,076,279 | € 1,106,190 | ▲ 3% |
| Employees (FTE) | 3.2 | - | - | - |
Key figures of PAIS SERGE, 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 PAIS SERGE?
What happened at PAIS SERGE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 118,207. filed late Source: NBB ↗
- New establishment in Retie. KBO
- New establishment in Ravels. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,540 loss in 2022 to € 118,207 loss in 2025.
Paid € 627 in corporate taxes since 2022.
On average € 50,200 of value added per employee in 2022.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind PAIS SERGE are Ann Kemps and Serge Pais. Ann Kemps is also behind SKILL PRO. Serge Pais is also behind BATISSIMMO.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Haachtsesteenweg 298 box 1
1910 Kampenhout
Leemputten 11
2381 Ravels
Active since 23 June 2014
Pontfortsedijk 20
2470 Retie
Active since 1 August 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0872.466.597
- VAT number
- BE 0872.466.597
- Registered office
- Haachtsesteenweg 298 bus 1, 1910 Kampenhout
- Names & denominations
- PAIS SERGE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 March 2005
- Peppol
- Active · Active since 3 Jan 2025
- Activities · NACE
Overige zakelijke dienstverlening, neg
Fokken van paarden en andere paardachtigen
Africhten van huisdieren
Fokken en houden van paarden en andere paardachtigen
Schapen-, geiten-, paarden-, ezel-, muildieren- of muilezelhouderij