Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
FOUR PEES from Gent, company number BE0887610871, closed financial year 2025 with a result of € -241,194 after tax. For that financial year FOUR PEES recorded a gross margin of € 687,220 and equity of € -46,797. Compared with financial year 2024, the result moved from € -572,333 to € -241,194. 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 July 28, 2026.
€ -46,797
▲ € 208,812 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -241,194
▲ 58 % less loss than in 2024
Profit after tax over the fiscal year.
€ 121,961
▲ 220% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -560,532.
People and assets in 2025
5.5
▼ 1.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 553,841
▼ 23% vs 2024
€ 100,700 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.
€ 6,406
▼ 38% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 296,574
▼ 53% vs 2024
€ 59,612 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 690,109
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,058
▼ 61% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 491,324 | € 900,389 | € 373,285 | € 687,220 | ▲ 84% |
| Profit after taxes | € 151,042 | € 171,263 | € -572,333 | € -241,194 | ▲ € 331,140 |
| Equity | € 145,462 | € 316,725 | € -255,608 | € -46,797 | ▲ € 208,812 |
| Total debts | € 919,460 | € 1,107,692 | € 1,546,686 | € 1,035,295 | ▼ 33% |
| Cash | € 324,372 | € 7,173 | € 38,109 | € 121,961 | ▲ 220% |
| Retained profit | € 81,727 | € 252,990 | € -319,343 | € -560,532 | ▼ € 241,188 |
| Bank debt | € 150,000 | € 134,921 | € 633,500 | € 296,574 | ▼ 53% |
| Balance sheet total | € 1,064,922 | € 1,424,417 | € 1,291,078 | € 988,498 | ▼ 23% |
| Employees (FTE) | 6.4 | 7.3 | 7.4 | 5.5 | ▼ 1.9 |
Key figures of FOUR PEES, 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 FOUR PEES?
What happened at FOUR PEES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Kenneth Peire stepped down as director. NBB
- PEEJAYS BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 241,194. Source: NBB ↗
- Tom Peire stepped down as director. NBB
- Kenneth Peire became a director. NBB
- PEEJAYS BV became a director. NBB
- Tom Peire became a director. NBB
- New establishment in Gent. KBO
In short
From € 151,042 profit in 2022 to € 241,194 loss in 2025.
Paid € 1,183 in corporate taxes since 2022.
Best year ever: 2023, with € 171,263 profit.
On average € 124,900 of value added per employee in 2025.
Management
The stake of Peejays comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FOUR PEESThe shares are held by Peejays (94.9%). It owns 100% of Four Pees France itself.
Directors
According to the 2025 annual accounts
Kenneth Peire
Director
since 2025 · until 2031
Director · represented by Sabine Jacobs
since 2024 · until 2030
Shareholders
94.9%
Participations
Four Pees France
100%
Establishments
Establishment units
Physical locations of this company
Kleemburg 1
9050 Gent
Leiekaai 26
9000 Gent
Active since 5 March 2007
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
fourpees.com
Registered
2006-09-28
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-09-28
Website info
Features
Security
Network
Details
- Company number
- 0887.610.871
- VAT number
- BE 0887.610.871
- Registered office
- Kleemburg 1, 9050 Gent
- Names & denominations
- FOUR PEES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 March 2007
- Peppol
- Active · Active since 20 Nov 2020
- Contact
- fourpees.com
- Activities · NACE
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