PININ
ActivePININ has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €109k and a net result of €51k. Equity is shrinking by ~13.2% per year across the filed fiscal years. Its solvency ranks better than 69% of 31545 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+1
Solvency100=
Growth58=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 3.79 against 9.27 in 2024), and 26% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
74%
Return on assets
34.5%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €109k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
7 d early
2023
49 d early
2022
41 d early
2021
16 d early
2020
1 d early
2019
7 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€109k▲ 87.2%
2024 · €58k
2018: €127k
2019: €123k
2020: €100k
2021: €66k
2022: €-773
2023: €47k
2024: €58k
2018 → 2025
Total assets
€147k▲ 127%
2024 · €65k
2018: €130k
2019: €125k
2020: €100k
2021: €67k
2022: €12k
2023: €63k
2024: €65k
2018 → 2025
Net result
€51k▲ 341%
2024 · €12k
2018: €-15k
2019: €-4k
2020: €-23k
2021: €2k
2022: €-24k
2023: €48k
2024: €12k
2018 → 2025
Working capital
€107k▲ 92.8%
2024 · €56k
2018: €120k
2019: €120k
2020: €99k
2021: €66k
2022: €-773
2023: €43k
2024: €56k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€66k-€-773€47k€58k▲ 24.6%€109k▲ 87.2%
Operating result€459-€-24k€46k€12k▼ 74.7%€78k▲ 567%
Net result€2k-€-24k€48k€12k▼ 75.8%€51k▲ 341%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 567% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €147k
Fixed assets
€2k▼ 25.0%
Current assets
€145k▲ 134%
Equity and liabilities €147k
Equity
€109k▲ 87.2%
Debt
€38k▲ 471%
The debt ratio rises from 10.3% to 26.0%: debt grows faster than equity.
Key figures and ratios
EBITDA
€78k▲
2024 · €12k
Cash flow
€51k▲
2024 · €12k
Solvency
74.0%▼
2024 · 89.7%
Current ratio
3.79▼
2024 · 9.27
Quick ratio
3.79▼
2024 · 9.27
Debt / equity
0.35▲
2024 · 0.12
ROE
46.6%▲
2024 · 19.8%
ROA
34.5%▲
2024 · 17.7%
Interest coverage
200.77▲
2024 · 54.06
Debt
€38k▲
2024 · €7k
Debt ≤ 1 year
€38k▲
2024 · €7k
Income taxes
€27k▲
2024 · €303
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€65k€147k▲
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Furniture and vehicles24€3k€2k▼
Current assets29/58€62k€145k▲
Amounts receivable within one year40/41€16k€18k▲
Trade receivables40€16k€18k▲
Other amounts receivable41€516€0▼
Current investments50/53-€120k
Cash at bank and in hand54/58€46k€7k▼
Equity and liabilities
Total equity and liabilities10/49€65k€147k▲
Equity10/15€58k€109k▲
Contributions10/11€19k€19k=
Reserves13€43k€91k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€43k€91k▲
Profit (loss) carried forward14€-4k€0▲
Amounts payable17/49€7k€38k▲
Amounts payable within one year42/48€7k€38k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€604€29k▲
Taxes450/3€604€29k▲
Other amounts payable47/48€4k€8k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€685€685=
Other operating charges640/8€115€139▲
Gross operating margin9900€12k€78k▲
Operating profit (loss)9901€12k€78k▲
Financial income75/76B€412€142▼
Recurring financial income75€412€142▼
Financial charges65/66B€228€390▲
Recurring financial charges65€228€390▲
Profit (loss) for the period before taxes9903€12k€77k▲
Income taxes67/77€303€27k▲
Profit (loss) for the period9904€12k€51k▲
Profit (loss) for the period to be appropriated9905€12k€51k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€47k▲
Profit (loss) brought forward from the previous period14P€-15k€-4k▲
Transfer to equity691/2-€47k
To other reserves6921-€47k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-08
State Gazette act
General meeting · Director appointment
Permanent representative · Director resignation
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €51k ▲341%
Operating result €78k, net result €51k, both a record.
30-09
Financial
Equity above €100kEq €109k ▲87.2%
3 profitable years in a row build equity to €109k.
23-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Liquidity triplescurrent ratio 9.27
Current ratio from 3.59 to 9.27; short-term debt falls from €17k to €7k.
12-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €48k
Net result €48k after one loss-making year.
30-09
Financial
Liquidity quadruplescurrent ratio 3.59
Current ratio from 0.94 to 3.59.
20-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Weakest financial yearnet €-24k ▼1246%
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
14-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €2k
Net result €2k after 3 loss-making years.
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Liquidity times 69current ratio 5026.39
Current ratio from 72.74 to 5026.39; short-term debt falls from €2k to €20.
07-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 7 days late
2019
27-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Menen · 1 establishment unit since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Brugstraat 388930 MenenGround area
2,370 m²
Building footprint
330 m²
Volume, LiDAR
1,836 m³
2 parcels, Flanders · tallest building 17.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PININ
since 20132.224.702.225
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34022E1085/00L000 | Flanders | 2,044 m² | 1 · 229 m² | 17.1 m · 2 fl. |
| 34024A0334/00G002 | Flanders | 327 m² | 1 · 101 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
1 partyPININBE 0541.987.104
controls
Where this company holds controlthis company sits on their board1
1 location
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Of 82,518 companies in sector 70200 we hold annual accounts for 52,573. 40,729 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-11-2013
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.