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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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Verstraete-Pillen from Ingelmunster, company number BE0878196230, closed financial year 2025 with a result of € 532 after tax. For that financial year Verstraete-Pillen recorded a gross margin of € 59,481 and equity of € 182,733. Compared with financial year 2024, the result moved from € 142 to € 532. 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 July 6, 2026.
€ 182,733
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 532
▲ 276% vs 2024
Profit after tax over the fiscal year.
€ 9,139
▼ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 532 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 349
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 44,419
▼ 32% vs 2024
Loans from banks and other lenders, long and short.
€ 18,370
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,049
▼ 23% 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 | € 39,466 | € 59,147 | € 69,460 | € 59,481 | ▼ 14% |
| Profit after taxes | € 346 | € 391 | € 142 | € 532 | ▲ 276% |
| Equity | € 182,201 | € 182,592 | € 182,733 | € 182,733 | |
| Total debts | € 221,938 | € 189,201 | € 135,491 | € 93,040 | ▼ 31% |
| Cash | € 11,112 | € 8,620 | € 16,434 | € 9,139 | ▼ 44% |
| Retained profit | € 163,451 | € 163,842 | € 163,983 | € 163,983 | |
| Dividend | € 0 | € 0 | € 0 | € 532 | |
| Bank debt | € 94,366 | € 70,095 | € 65,448 | € 44,419 | ▼ 32% |
| Balance sheet total | € 404,139 | € 371,793 | € 318,225 | € 275,773 | ▼ 13% |
Key figures of Verstraete-Pillen, 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 Verstraete-Pillen?
What happened at Verstraete-Pillen in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 532 (▲ 276% vs 2024). Source: NBB ↗
- Nele Verstraete became a director. NBB
- Isolde Pillen became a director. NBB
- New establishment in Ingelmunster. KBO
- Start of the company according to the CBE. KBO
In short
From € 346 profit in 2022 to € 532 profit in 2025.
Paid € 4,877 in corporate taxes since 2022.
Best year ever: 2025, with € 532 profit.
Paid out € 532 in dividends to the owners in total.
Management
Behind Verstraete-Pillen are Nele Verstraete and Isolde Pillen.
Directors
According to the 2025 annual accounts
Nele Verstraete
Director
since 2019
Isolde Pillen
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Stationsstraat 12 box B0002
8770 Ingelmunster
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0878.196.230
- VAT number
- BE 0878.196.230
- Registered office
- Stationsstraat 12 bus B0002, 8770 Ingelmunster
- Names & denominations
- Verstraete-Pillen
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 December 2005
- Peppol
- Not registered