What is the address of Pain & Company?

The registered office of Pain & Company is located at Kriekstraat 8, 8902 Ieper.

Is Pain & Company still active?

Yes. According to the CBE (29 October 2026) Pain & Company is active, legal situation “Normale toestand”, started on 29 June 2007.

Is Pain & Company registered on Peppol?

Yes, Pain & Company is registered on the Peppol network with ID 0208:0890471183.

What is the enterprise number of Pain & Company?

The enterprise number of Pain & Company is BE0890471183.

When was Pain & Company founded?

Pain & Company was founded on 29 June 2007.

Who are the directors of Pain & Company?

According to the 2025 annual accounts, the directors of Pain & Company are: Hendrik Durnez.

Is Pain & Company a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 29 June 2007; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account; 2 establishments in the CBE.

How much profit did Pain & Company make in 2025?

Pain & Company recorded a loss after taxes of € 109 in financial year 2025.

What is the revenue of Pain & Company?

As a small company, Pain & Company is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 175,235.

Pain & Company (Private Limited) - Ieper - BE0890471183

Q: What does Pain & Company do?

Pain & Company is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Private Limited, started on 29 June 2007, 2 establishments.

Dossier Pain & Company, printed on 29 October 2026 from databakkes.be/en/0890471183/pain-company. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Pain & Company from Ieper, company number BE0890471183, closed financial year 2025 with a result of € -109 after tax. For that financial year Pain & Company recorded a gross margin of € 175,235 and equity of € 392,271. Compared with financial year 2024, the result moved from € 28,342 to € -109. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.

What it is worth Healthy

€ 392,271

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -109

▼ still € 28,342 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 39,441

▼ 59% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 373,671.

People and assets in 2025

Wage cost

€ 250

▼ 96% 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.

Vehicles and equipment

€ 116,711

▼ 24% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.7 million

▼ 2% vs 2024

€ 22,149 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 29,581

▲ 204% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 8,316

▲ 17% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 183,490 Gross margin 2022: € 183,490 First fiscal year in the series	€ 78,388 Gross margin 2023: € 78,388 ▼ 57% vs 2022 (€ 183,490) Unfavourable step	€ 178,450 Gross margin 2024: € 178,450 ▲ 128% vs 2023 (€ 78,388) Favourable step	€ 175,235 Gross margin 2025: € 175,235 ▼ 2% vs 2024 (€ 178,450) Unfavourable step	▼ 2%
Profit after taxes	€ 50,024 Profit after taxes 2022: € 50,024 First fiscal year in the series	€ -33,145 Profit after taxes 2023: € -33,145 ▼ € 83,169 vs 2022 (€ 50,024) Unfavourable step	€ 28,342 Profit after taxes 2024: € 28,342 ▲ € 61,487 vs 2023 (€ -33,145) Favourable step	€ -109 Profit after taxes 2025: € -109 ▼ € 28,451 vs 2024 (€ 28,342) Unfavourable step	▼ € 28,451
Equity	€ 612,128 Equity 2022: € 612,128 First fiscal year in the series	€ 578,982 Equity 2023: € 578,982 ▼ 5% vs 2022 (€ 612,128) Unfavourable step	€ 392,324 Equity 2024: € 392,324 ▼ 32% vs 2023 (€ 578,982) Unfavourable step	€ 392,271 Equity 2025: € 392,271 Unchanged (€ 392,324) Unfavourable step
Total debts	€ 585,835 Total debts 2022: € 585,835 First fiscal year in the series	€ 469,089 Total debts 2023: € 469,089 ▼ 20% vs 2022 (€ 585,835) Favourable step	€ 2,621,033 Total debts 2024: € 2,621,033 ▲ € 2.2 million vs 2023 (€ 469,089) Unfavourable step	€ 2,498,071 Total debts 2025: € 2,498,071 ▼ 5% vs 2024 (€ 2,621,033) Favourable step	▼ 5%
Cash	€ 166,092 Cash 2022: € 166,092 First fiscal year in the series	€ 93,213 Cash 2023: € 93,213 ▼ 44% vs 2022 (€ 166,092) Unfavourable step	€ 95,683 Cash 2024: € 95,683 ▲ 3% vs 2023 (€ 93,213) Favourable step	€ 39,441 Cash 2025: € 39,441 ▼ 59% vs 2024 (€ 95,683) Unfavourable step	▼ 59%
Land & buildings	€ 871,208 Land & buildings 2022: € 871,208 First fiscal year in the series	€ 813,183 Land & buildings 2023: € 813,183 ▼ 7% vs 2022 (€ 871,208) Unchanged	€ 766,619 Land & buildings 2024: € 766,619 ▼ 6% vs 2023 (€ 813,183) Unchanged	€ 711,599 Land & buildings 2025: € 711,599 ▼ 7% vs 2024 (€ 766,619) Unchanged	▼ 7%
Retained profit	€ 593,528 Retained profit 2022: € 593,528 First fiscal year in the series	€ 560,382 Retained profit 2023: € 560,382 ▼ 6% vs 2022 (€ 593,528) Unfavourable step	€ 373,724 Retained profit 2024: € 373,724 ▼ 33% vs 2023 (€ 560,382) Unfavourable step	€ 373,671 Retained profit 2025: € 373,671 Unchanged (€ 373,724) Unfavourable step
Dividend	€ 282,000 Dividend 2022: € 282,000 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 282,000) Unchanged	€ 215,000 Dividend 2024: € 215,000 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 215,000) Unchanged	▼ 100%
Bank debt	€ 40,000 Bank debt 2022: € 40,000 First fiscal year in the series	€ 26,667 Bank debt 2023: € 26,667 ▼ 33% vs 2022 (€ 40,000) Favourable step	€ 1,703,774 Bank debt 2024: € 1,703,774 ▲ € 1.7 million vs 2023 (€ 26,667) Unfavourable step	€ 1,668,291 Bank debt 2025: € 1,668,291 ▼ 2% vs 2024 (€ 1,703,774) Favourable step	▼ 2%
Balance sheet total	€ 1,197,963 Balance sheet total 2022: € 1,197,963 First fiscal year in the series	€ 1,048,071 Balance sheet total 2023: € 1,048,071 ▼ 13% vs 2022 (€ 1,197,963) Unchanged	€ 3,013,357 Balance sheet total 2024: € 3,013,357 ▲ 188% vs 2023 (€ 1,048,071) Unchanged	€ 2,890,342 Balance sheet total 2025: € 2,890,342 ▼ 4% vs 2024 (€ 3,013,357) Unchanged	▼ 4%

Key figures of Pain & Company, 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 Pain & Company?

What happened at Pain & Company in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 30, 2026 New annual accounts for financial year 2025: loss of € 109 (▼ € 28,451 vs 2024). Source: NBB ↗
Sep 15, 2021 New establishment in Koksijde. KBO
Jul 1, 2007 New establishment in Ieper. KBO
Jun 29, 2007 Start of the company according to the CBE. KBO

In short

From € 50,024 profit in 2022 to € 109 loss in 2025.

Paid € 45,106 in corporate taxes since 2022.

Best year ever: 2022, with € 50,024 profit.

Paid out € 497,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Hendrik Durnez

Pain & Company

Food Associates Group 10%

Behind Pain & Company is Hendrik Durnez. It owns 10% of Food Associates Group itself.

Directors

According to the 2025 annual accounts

Hendrik Durnez

Director

Also active at: GEBEA, Food Associates, Bio Bakkerij De Trog, DELISOL, Fresh Flow, Food Associates Group, HENPEST

Establishments

Establishment units

Physical locations of this company

Registered office

Kriekstraat 8

8902 Ieper

2.322.016.385

Prins Boudewijnstraat(Odk) 10

8670 Koksijde

Active since 15 September 2021

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0890.471.183

VAT number

BE 0890.471.183

Registered office

Kriekstraat 8, 8902 Ieper

Names & denominations

Pain & Company

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

29 June 2007

Peppol

Active · Active since 15 Dec 2025

Activities · NACE

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige adviesbureaus op het gebied van bedrijfsvoering en beheer

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Gites, vakantiewoningen en -appartementen

View on CBE Public ↗ Annual accounts (NBB) ↗

Pain & Company

Warning lights

Financials

What happened to Pain & Company?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions