P-PITE
ActiveSummary
The computed 12-month bankruptcy probability of P-PITE is 4.3% (elevated). The 2025 annual accounts show equity of €15,210 and a net result of -€6,612. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 40% of 18973 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability7▼-52
Solvency47▼-10
Growth52▼-33
Track record94
Bankruptcy probability, 12 months
4.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.16 against 1.37 in 2024; short-term debt: 78.2% and cash: 40.6% of total assets), and 78.2% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
21.8%
Return on assets
-9.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-04-2026, 106 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
106 d early
2024
67 d late
2023
53 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 5 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 23 September (3 of the last 3 filed years within 160 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€111,381▼ 18.0%
2024 · €135,880
EBIT margin
-4.2%▼ 8.6pp
2024 · 4.3%
Net result
-€6,612
2024 · €5,875
Working capital
€8,449▼ 51.2%
2024 · €17,323
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Turnover€80,802-€135,880▲ 68.2%€111,381▼ 18.0%
Operating result€991-€5,875▲ 493%-€4,731
Net result€948within the sector's middle half-€5,875within the sector's middle half▲ 520%-€6,612below the sector's middle half
EBIT margin1.2%-4.3%▲ 3.1pp-4.2%▼ 8.6pp
Equity€15,948within the sector's middle half-€21,823within the sector's middle half▲ 36.8%€15,210within the sector's middle half▼ 30.3%
Total assets€45,358below the sector's middle half-€68,305within the sector's middle half▲ 50.6%€69,701within the sector's middle half▲ 2.0%
Debt€29,411-€46,483▲ 58.0%€54,490▲ 17.2%
Working capital€11,448within the sector's middle half-€17,323within the sector's middle half▲ 51.3%€8,449within the sector's middle half▼ 51.2%
Solvency35.2%within the sector's middle half-31.9%within the sector's middle half▼ 3.2pp21.8%within the sector's middle half▼ 10.1pp
Current ratio1.39within the sector's middle half-1.37within the sector's middle half▼ 0.021.16within the sector's middle half▼ 0.22
Return on assets (ROA)2.1%within the sector's middle half-8.6%within the sector's middle half▲ 6.5pp-9.5%below the sector's middle half▼ 18.1pp
Staff (FTE)1
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €4,731 after €5,875 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €69,701
Fixed assets
€6,761 ▲ 50.3%
Current assets
€62,939 ▼ 1.4%
Equity and liabilities €69,701
Equity
€15,210 ▼ 30.3%
Debt
€54,490 ▲ 17.2%
Debt's share of the balance-sheet total rises from 68.1% to 78.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€3,601
Cash flow
-€5,482
Quick ratio
0.66▼
2024 · 0.87
Debt to equity
3.58▲
2024 · 2.13
ROE
-43.5%▼
2024 · 26.9%
Interest coverage
-36.09
Debt ≤ 1 year
€54,490▲
2024 · €46,483
Income taxes
€1,781
Staff costs
€13,054▼
2024 · €15,068
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,271 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 94% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a small loss
4.1%
went bankrupt
2.0%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 4.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,271 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Turnover70 | €80,802 | €135,880 | €111,381 | ▼ 18.0% |
| Goods, raw materials, services and sundry goods60/61 | €79,810 | €114,589 | €101,928 | ▼ 11.0% |
| Remuneration, social security and pensions62 | - | €15,068 | €13,054 | ▼ 13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €1,130 | - |
| Other operating charges640/8 | - | €120 | - | - |
| Gross operating margin9900 | €991 | €21,063 | €9,453 | ▼ 55.1% |
| Operating profit (loss)9901 | €991 | €5,875 | -€4,731 | ▼ 181% |
| Financial charges65/66B | €44 | - | €100 | - |
| Recurring financial charges65 | €44 | - | €100 | - |
| Profit (loss) for the period before taxes9903 | €948 | €5,875 | -€4,831 | ▼ 182% |
| Income taxes67/77 | - | - | €1,781 | - |
| Profit (loss) for the period9904 | €948 | €5,875 | -€6,612 | ▼ 213% |
| Profit (loss) for the period to be appropriated9905 | €948 | €5,875 | -€6,612 | ▼ 213% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €45,358 | €68,305 | €69,701 | ▲ 2.0% |
| Fixed assets21/28 | €4,500 | €4,500 | €6,761 | ▲ 50.3% |
| Tangible fixed assets22/27 | - | - | €2,261 | - |
| Furniture and vehicles24 | - | - | €2,261 | - |
| Financial fixed assets28 | €4,500 | €4,500 | €4,500 | = |
| Current assets29/58 | €40,858 | €63,805 | €62,939 | ▼ 1.4% |
| Stocks and contracts in progress3 | €18,300 | €23,200 | €26,900 | ▲ 15.9% |
| Stocks30/36 | €18,300 | €23,200 | €26,900 | ▲ 15.9% |
| Amounts receivable within one year40/41 | €79 | €1,307 | €7,716 | ▲ 490% |
| Trade receivables40 | - | €1,307 | €6,317 | ▲ 383% |
| Other amounts receivable41 | €79 | - | €1,399 | - |
| Cash at bank and in hand54/58 | €22,479 | €33,898 | €28,323 | ▼ 16.4% |
| Deferred charges and accrued income490/1 | - | €5,400 | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €45,358 | €68,305 | €69,701 | ▲ 2.0% |
| Equity10/15 | €15,948 | €21,823 | €15,210 | ▼ 30.3% |
| Reserves13 | €15,000 | €15,000 | €15,000 | = |
| Non-distributable reserves130/1 | €15,000 | €15,000 | €15,000 | = |
| Reserves not available under the articles1311 | €15,000 | €15,000 | €15,000 | = |
| Profit (loss) carried forward14 | €948 | €6,823 | €210 | ▼ 96.9% |
| Amounts payable17/49 | €29,411 | €46,483 | €54,490 | ▲ 17.2% |
| Amounts payable within one year42/48 | €29,411 | €46,483 | €54,490 | ▲ 17.2% |
| Trade debts44 | - | €11,668 | - | - |
| Suppliers440/4 | - | €11,668 | - | - |
| Taxes, remuneration and social security45 | €3,818 | €7,519 | €12,516 | ▲ 66.5% |
| Taxes450/3 | €3,818 | €1,361 | €4,628 | ▲ 240% |
| Remuneration and social security454/9 | - | €6,158 | €7,888 | ▲ 28.1% |
| Other amounts payable47/48 | €25,592 | €27,296 | €41,974 | ▲ 53.8% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €948 | €5,875 | -€6,612 | ▼ 213% |
| + Depreciation and write-downs630 | - | - | €1,130 | - |
| Operating cash flow (approximation) | €948 | €5,875 | -€5,482 | ▼ 193% |
| Investment in fixed assets (approximation) | - | €0 | -€3,391 | - |
| Change in cash | - | €11,419 | -€5,576 | ▼ 149% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-05
State Gazette act
Appointment: LIBONG Indra Ruth (director)Resignation: INGEVELD Julien Dominique (director) · Director discharge · Share transfer8 facts ▸
State Gazette act
Appointment: LIBONG Indra Ruth (director)
Resignation: INGEVELD Julien Dominique (director) · Director discharge · Share transfer8 facts ▸
- General meeting, 15-04-2026
- Director appointment, LIBONG Indra Ruth (director)
- Director resignation, INGEVELD Julien Dominique (director)
- Director discharge, INGEVELD Julien Dominique (director)
- Share transfer, INGEVELD Julien Dominique → LIBONG Indra Ruth
- Share transfer, INGEVELD Julien Dominique → DELEPLANQUE Emeric
- Shareholding, 50
- Shareholding, 50
16-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet -€6,612
Net result drops to -€6,612, the lowest in the series.
06-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 67 days late
2024
31-12
Financial
Highest result since 2023net €5,875 ▲520%
Operating result €5,875, net result €5,875, both a record.
22-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 53 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
LIBONG Indra Ruth
CurrentDirector · since 20-04-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
1 of this company's 2 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 2022
Ground area
201 m²
Building footprint
128 m²
Volume, LiDAR
1,884 m³
Parcel 21442A0137/00R004, Brussels · tallest building 19.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
P-PITE SRL
since 20222.338.216.474
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21442A0137/00R004 | Brussels | 201 m² | 1 · 128 m² | 19.2 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
2 people since 2026, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| LIBONG Indra Ruth |
|
| INGEVELD Julien Dominique |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Capital and shareholders
Shareholders according to the acts
Stated in the act
act of 06-05-2026 ↗
- LIBONG Indra Ruth 50 shares
- DELEPLANQUE Emeric 50 shares
Share transfer
act of 06-05-2026 ↗
- INGEVELD Julien Dominique to LIBONG Indra Ruth 51 shares
- INGEVELD Julien Dominique to DELEPLANQUE Emeric 49 shares
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
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Of 948 companies in this sector we hold annual accounts for 185. 110 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded10-11-2022
Fiscal year end31-12
Activities, NACEBEL 2025
47792Retail sale of second-hand clothing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0793467027
Also
9925:BE0793467027
Registered
01-09-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.