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 29 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
P&I from Wetteren, company number BE0890392890, closed financial year 2025 with a result of € 440,628 after tax. For that financial year P&I recorded a gross margin of € 3.4 million and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 243,049 to € 440,628. 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 January 7, 2026.
€ 1.3 million
▲ 39% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 440,628
▲ 81% vs 2024
Profit after tax over the fiscal year.
€ 175,102
▼ 32% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 75,000 paid out
17 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
38.1
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.4 million
▲ 4% vs 2024
€ 63,400 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.
€ 390,356
▲ 9% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3.9 million
▲ 105% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 350,484
▲ 27% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,023,263 | € 2,541,558 | € 2,816,342 | € 3,436,726 | ▲ 22% |
| Profit after taxes | € 78,491 | € 153,237 | € 243,049 | € 440,628 | ▲ 81% |
| Equity | € 621,321 | € 744,557 | € 947,606 | € 1,313,234 | ▲ 39% |
| Total debts | € 2,044,244 | € 2,380,732 | € 2,223,822 | € 4,315,868 | ▲ 94% |
| Cash | € 563,561 | € 407,037 | € 259,215 | € 175,102 | ▼ 32% |
| Land & buildings | € 705,691 | € 697,023 | € 695,120 | € 2,338,162 | ▲ 236% |
| Retained profit | € 561,321 | € 684,557 | € 887,606 | € 1,253,234 | ▲ 41% |
| Dividend | € 0 | € 30,000 | € 40,000 | € 75,000 | ▲ 88% |
| Bank debt | € 282,472 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 2,665,565 | € 3,125,290 | € 3,171,428 | € 5,629,102 | ▲ 77% |
| Employees (FTE) | 32.3 | 36.5 | 37.9 | 38.1 | ▲ 0.2 |
Key figures of P&I, 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 January 2027.
What happened to P&I?
What happened at P&I in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 440,628 (▲ 81% vs 2024). Source: NBB ↗
- New establishment in Wetteren. KBO
- S&TB BV became a director. NBB
- New establishment in Wetteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 78,491 profit in 2022 to € 440,628 profit in 2025.
Paid € 369,346 in corporate taxes since 2022.
Best year ever: 2025, with € 440,628 profit.
On average € 90,200 of value added per employee in 2025.
Management
Behind P&I is S&TB BV. It owns 100% of P&F, 95% of Distintancia, 18.3% of Shortlec and 5% of Plantel Expedito itself.
Establishments
Establishment units
Physical locations of this company
Honderdweg 12
9230 Wetteren
Honderdweg 25
9230 Wetteren
Active since 14 April 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0890.392.890
- VAT number
- BE 0890.392.890
- Registered office
- Honderdweg 12, 9230 Wetteren
- Names & denominations
- P&I
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 June 2007
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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