Financials
Financial year 2025
PELLET SERVICE from Stekene, company number BE1003051561, closed financial year 2025 with a result of € 26,992 after tax. For that financial year PELLET SERVICE recorded a gross margin of € 105,031 and equity of € 47,348. Compared with financial year 2024, the result moved from € 17,356 to € 26,992. 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 August 10, 2026.
€ 47,348
▲ 133% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 26,992
▲ 56% vs 2024
Profit after tax over the fiscal year.
€ 0
▼ 100% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 44,348.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 52,423
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 44,933
▲ 252% vs 2024
Of which on lease € 44,130.
Debts at end 2025
€ 52,947
▲ 121% vs 2024
€ 16,387 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 25,121
▲ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,359
▲ € 20,778 vs 2024
Taxes, VAT and social contributions still to pay.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 27,934 | € 105,031 | ▲ 276% |
| Profit after taxes | € 17,356 | € 26,992 | ▲ 56% |
| Equity | € 20,356 | € 47,348 | ▲ 133% |
| Total debts | € 43,518 | € 108,686 | ▲ 150% |
| Cash | € 10,275 | € 0 | ▼ 100% |
| Land & buildings | € 15,356 | € 22,081 | ▲ 44% |
| Retained profit | € 17,356 | € 44,348 | ▲ 156% |
| Bank debt | € 23,915 | € 52,947 | ▲ 121% |
| Balance sheet total | € 63,874 | € 156,035 | ▲ 144% |
By gross margin, PELLET SERVICE ranks 12th of 20 companies with main activity “Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door andere energiebronnen dan elektriciteit” in East Flanders that publish figures (fiscal year 2025).
Key figures of PELLET SERVICE, fiscal years 2024 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
Ask about PELLET SERVICE the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to PELLET SERVICE?
What happened at PELLET SERVICE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 26,992 (▲ 56% vs 2024). filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Stekene. KBO
In short
From € 17,356 profit in 2024 to € 26,992 profit in 2025.
Paid € 11,624 in corporate taxes since 2024.
Best year ever: 2025, with € 26,992 profit.
Management
Behind PELLET SERVICE is James Baeyens.
Directors
According to the 2025 annual accounts
James Baeyens
Director
Establishments
Establishment units
Physical locations of this company
Bormte(STE) 256
9190 Stekene
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in East Flanders
Same main activity (Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door andere energiebronnen dan elektriciteit), 31 active companies in East Flanders, largest first.
€ 2.4 million gross margin · 2025 · Evergem
€ 1.5 million gross margin · 2025 · Oudenaarde
€ 1.4 million gross margin · 2025 · Waasmunster
€ 943,607 gross margin · 2025 · Gent
€ 716,358 gross margin · 2025 · Zele
€ 710,559 gross margin · 2025 · Maldegem
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
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DNS
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Website info
Features
Security
Network
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- BAEYENS James(oprichter) 100%
Details
- Company number
- 1003.051.561
- VAT number
- BE 1003.051.561
- Registered office
- Bormte(STE) 256, 9190 Stekene
- Names & denominations
- PELLET SERVICE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 December 2023
- Peppol
- Active · Active since 18 Jul 2025
- Contact
- pelletservice.be
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door andere energiebronnen dan elektriciteit
Sanitaire werkzaamheden
Schilderen van gebouwen