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P.PitLab

Active
Private limited companyfounded 2024active for 2 yearsRue de Gaillarmont 190, 4032 Liège, BelgiumKBO/BCE: BE 1014.057.893
Summary

P.PitLab has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €190,375 and a net result of €177,384. The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Turnover
≈ €580,000
Estimated: probably between €390,000 and €900,000
Total assets
€200,818▲ 797%
2024 · €22,392
Net result
€177,384▲ 16×
2024 · €10,991
Working capital
€188,287▲ 14×
2024 · €12,991
Trend over the years

2024 to 2025, 2 financial years

The operating result rises in 2025; 2025 is over 15 times 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€232,513 2025 Net result€177,384 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€15,204-€232,513▲ 15×
Net result€10,991-€177,384▲ 16×
Equity€12,991-€190,375▲ 15×
Total assets€22,392-€200,818▲ 797%
Debt€9,401-€10,443▲ 11.1%
Working capital€12,991-€188,287▲ 14×
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €200,818
Fixed assets €2,376
Current assets €198,442
Equity and liabilities €200,818
Equity €190,375 ▲ 15×
Debt €10,443 ▲ 11.1%
Debt's share of the balance-sheet total falls from 42.0% to 5.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€232,901▲
2024 · €16,704
Cash flow
€177,772▲
2024 · €12,491
Current ratio
19.54▲
2024 · 2.38
Debt to equity
0.05▼
2024 · 0.72
ROE
93.2%▲
2024 · 84.6%
ROA
88.3%▲
2024 · 49.1%
Interest coverage
over 100
Debt ≤ 1 year
€10,155▲
2024 · €9,401
Income taxes
€55,118▲
2024 · €4,212
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% still going

For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 0.9%
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 74.5% 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 39,278 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€22,392€200,818▲
Fixed assets21/28-€2,376
Tangible fixed assets22/27-€2,376
Other tangible fixed assets26-€2,376
Current assets29/58€22,392€198,442▲
Amounts receivable within one year40/41-€4,882
Other amounts receivable41-€4,882
Cash at bank and in hand54/58€22,231€183,472▲
Deferred charges and accrued income490/1€161€10,089▲
Equity and liabilities
Total equity and liabilities10/49€22,392€200,818▲
Equity10/15€12,991€190,375▲
Contributions10/11€2,000€2,000=
Reserves13€10,991€10,991=
Distributable reserves133€10,991€10,991=
Profit (loss) carried forward14-€177,384
Amounts payable17/49€9,401€10,443▲
Amounts payable within one year42/48€9,401€10,155▲
Trade debts44€1,017€1,319▲
Suppliers440/4€1,017€1,319▲
Taxes, remuneration and social security45€7,412€7,962▲
Taxes450/3€5,412€7,962▲
Remuneration and social security454/9€2,000€0▼
Other amounts payable47/48€971€874▼
Accrued charges and deferred income492/3-€288
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,500€388▼
Other operating charges640/8-€77
Gross operating margin9900€16,704€232,978▲
Operating profit (loss)9901€15,204€232,513▲
Financial charges65/66B-€11
Recurring financial charges65-€11
Profit (loss) for the period before taxes9903€15,204€232,502▲
Income taxes67/77€4,212€55,118▲
Profit (loss) for the period9904€10,991€177,384▲
Profit (loss) for the period to be appropriated9905€10,991€177,384▲
Appropriation of the result
Profit (loss) to be appropriated9906€10,991€177,384▲
Transfer to equity691/2€10,991€0▼
To other reserves6921€10,991€0▼

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,500€388▼ 74.1%
Other operating charges640/8-€77-
Gross operating margin9900€16,704€232,978▲ 14×
Operating profit (loss)9901€15,204€232,513▲ 15×
Financial charges65/66B-€11-
Recurring financial charges65-€11-
Profit (loss) for the period before taxes9903€15,204€232,502▲ 15×
Income taxes67/77€4,212€55,118▲ 13×
Profit (loss) for the period9904€10,991€177,384▲ 16×
Profit (loss) for the period to be appropriated9905€10,991€177,384▲ 16×
Line20242025Change
Assets
Total assets20/58€22,392€200,818▲ 797%
Fixed assets21/28-€2,376-
Tangible fixed assets22/27-€2,376-
Other tangible fixed assets26-€2,376-
Current assets29/58€22,392€198,442▲ 786%
Amounts receivable within one year40/41-€4,882-
Other amounts receivable41-€4,882-
Cash at bank and in hand54/58€22,231€183,472▲ 725%
Deferred charges and accrued income490/1€161€10,089▲ 63×
Equity and liabilities
Total equity and liabilities10/49€22,392€200,818▲ 797%
Equity10/15€12,991€190,375▲ 15×
Contributions10/11€2,000€2,000=
Reserves13€10,991€10,991=
Distributable reserves133€10,991€10,991=
Profit (loss) carried forward14-€177,384-
Amounts payable17/49€9,401€10,443▲ 11.1%
Amounts payable within one year42/48€9,401€10,155▲ 8.0%
Trade debts44€1,017€1,319▲ 29.6%
Suppliers440/4€1,017€1,319▲ 29.6%
Taxes, remuneration and social security45€7,412€7,962▲ 7.4%
Taxes450/3€5,412€7,962▲ 47.1%
Remuneration and social security454/9€2,000€0▼ 100%
Other amounts payable47/48€971€874▼ 10.0%
Accrued charges and deferred income492/3-€288-
Line20242025Change
Profit (loss) for the period9904€10,991€177,384▲ 16×
+ Depreciation and write-downs630€1,500€388▼ 74.1%
Operating cash flow (approximation)€12,491€177,772▲ 14×
Change in cash-€161,241-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 micro format 15-06-2026 2026-00159144
31-12-2024 micro format 16-06-2025 2025-00140431

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.