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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Negative equity NBB
More debt than assets in 1 of the last 1 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
28 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
EXPLOITATIEMAATSCHAPPIJ PBAZ from Brugge, company number BE1007009260, closed financial year 2025 with a result of € -539,386 after tax. For that financial year EXPLOITATIEMAATSCHAPPIJ PBAZ recorded a gross margin of € 137,531 and equity of € -489,386. 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 June 22, 2026.
€ -489,386
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -539,386
Profit after tax over the fiscal year.
€ 22,915
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -539,386.
People and assets in 2025
€ 11.9 million
Of which on lease € 11.9 million.
Debts at end 2025
€ 515,989
Loans from banks and other lenders, long and short.
€ 579,052
Supplier invoices still open on the last day of the fiscal year.
€ 2,351
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
What happened to EXPLOITATIEMAATSCHAPPIJ PBAZ?
What happened at EXPLOITATIEMAATSCHAPPIJ PBAZ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Excelsior IC NV stepped down as director. NBB
- Belgian Coast Hotels NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 539,386. Source: NBB ↗
- Excelsior IC NV became a director. NBB
- New establishment in Brugge. KBO
- Belgian Coast Hotels NV became a director. NBB
- Start of the company according to the CBE. KBO
Management
The stake of EXCELSIOR IC comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
EXPLOITATIEMAATSCHAPPIJ PBAZThe shares are held by EXCELSIOR IC (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Joachim Debucquoy
Also active at: EXPLOITATIEMAATSCHAPPIJ HBAZ
since 2024 · until 2030
Managing director · represented by Chavalie De Lodder
Also active at: EXPLOITATIEMAATSCHAPPIJ MO, EXPLOITATIEMAATSCHAPPIJ MB, EXPLOITATIEMAATSCHAPPIJ IBA, EXPLOITATIEMAATSCHAPPIJ IBB, EXPLOITATIEMAATSCHAPPIJ ISB, EXPLOITATIEMAATSCHAPPIJ ISZ, EXPLOITATIEMAATSCHAPPIJ HBAZ
since 2024 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Monnikenwerve 17-19
8000 Brugge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 28 companies are registered at this address.
All companies at this address →EXPLOITATIEMAATSCHAPPIJ MO same network
€ 1.5 million gross margin · 2025
DORMA HUPPE
SOFIEC
JOYCE INVEST
€ 624,614 gross margin · 2025
LIBERAAL VERBOND VOOR ZELFSTANDIGEN - TREFPUNT BRUGGE
+23 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1007.009.260
- VAT number
- BE 1007.009.260
- Registered office
- Monnikenwerve 17-19, 8000 Brugge
- Names & denominations
- EXPLOITATIEMAATSCHAPPIJ PBAZ · EXPLOITATIEMAATSCHAPPIJ P21
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 March 2024
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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