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 51 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 54.7 to 46.1.
Financials
Financial year 2025
PACORINI ANTWERP from Antwerpen, company number BE0895455993, closed financial year 2025 with a result of € -1.9 million after tax. For that financial year PACORINI ANTWERP recorded revenue of € 20.2 million and equity of € 5.7 million. Compared with financial year 2024, the result moved from € 145,235 to € -1.9 million. The company made a loss. 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 28, 2026.
€ 5.7 million
▼ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.9 million
▼ still € 145,235 profit in 2024
Profit after tax over the fiscal year.
€ 890,921
▲ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.5 million.
People and assets in 2025
46.1
▼ 3.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.5 million
▼ 5% vs 2024
€ 76,200 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.
€ 201,631
▲ 20% vs 2024
Of which on lease € 120,424.
Debts at end 2025
€ 1.8 million
▼ 30% vs 2024
€ 102,446 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 4.1 million
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 86 days on average.
€ 535,082
▼ 8% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 18,502,651 | € 20,032,334 | € 21,780,240 | € 20,179,548 | ▼ 7% |
| Profit after taxes | € 25,377 | € -515,073 | € 145,235 | € -1,928,704 | ▼ € 2.1 million |
| Equity | € 8,036,912 | € 7,521,839 | € 7,667,074 | € 5,738,371 | ▼ 25% |
| Total debts | € 12,201,495 | € 6,419,336 | € 11,162,630 | € 10,024,426 | ▼ 10% |
| Cash | € 867,947 | € 489,876 | € 752,360 | € 890,921 | ▲ 18% |
| Retained profit | € 831,861 | € 316,788 | € 462,023 | € -1,466,681 | ▼ € 1.9 million |
| Bank debt | € 3,063,623 | € 2,508,762 | € 2,503,863 | € 1,756,274 | ▼ 30% |
| Balance sheet total | € 20,272,053 | € 14,349,955 | € 18,840,920 | € 15,762,796 | ▼ 16% |
| Employees (FTE) | 50.1 | 54.7 | 49.9 | 46.1 | ▼ 3.8 |
Key figures of PACORINI ANTWERP, 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 PACORINI ANTWERP?
What happened at PACORINI ANTWERP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Xavier Vanwynsberghe stepped down as director. NBB
- Riccardo Marchesi stepped down as director. NBB
- Enrico Pacorini stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.9 million (▼ € 2.1 million vs 2024). Source: NBB ↗
- Xavier Vanwynsberghe became a director. NBB
- Raphael Van Ruijssevelt stepped down as director. NBB
- Riccardo Marchesi became a director. NBB
- Raphael Van Ruijssevelt became a director. NBB
In short
From € 25,377 profit in 2022 to € 1.9 million loss in 2025.
Paid € 96,502 in corporate taxes since 2022.
Best year ever: 2024, with € 145,235 profit.
Pays suppliers within 86 days on average.
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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
The shares are held by B. Pacorini S.p.A. (100%). It owns 100% of Antwerp Coffee en Cocoa Logistics itself.
Directors
According to the 2025 annual accounts
since 2026 · until 2028
since 2025 · until 2028
Raphael Van Ruijssevelt
Managing director
Also active at: Molenbergnatie, 4STOX, AFRIMAR, ILOMAR HOLDING, Port Real Estate Solutions, VISUAL SAFETY, QUIRAN, ANTWERP COFFEE & COCOA LOGISTICS
since 2025 · until 2025
since 2025 · until 2028
Shareholders
B. Pacorini S.p.A.
100%
Participations
Establishments
Establishment units
Physical locations of this company
Mulhouselaan-Noord 5-7
2030 Antwerpen
Rostockweg 1
2030 Antwerpen
Active since 17 March 2021
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
WIX_COM, IL
Website info
Features
Security
Details
- Company number
- 0895.455.993
- VAT number
- BE 0895.455.993
- Registered office
- Mulhouselaan-Noord 5-7, 2030 Antwerpen
- Names & denominations
- PACORINI ANTWERP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 February 2008
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- pacorini.be +32 3 500 56 60
- Activities · NACE
Logistieke diensten
Overige vervoerondersteunende activiteiten