PI MANAGEMENT
InactivePI MANAGEMENT was declared bankrupt on 13-02-2023 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed by liquidation by judgment of 24-09-2024, published in the Belgian State Gazette on 07-10-2024.
No longer registered with the KBO; last annual accounts for fiscal year 2022.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 8 filingsPosition against the passed deadline
30-06-2023 close31-01-2024 deadline21-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2022 was due by 31-01-2023 and was filed on 17-01-2023, 14 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
14 d early
2021
1 d late
2020
10 d late
2019
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2022, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-181k▼ 876%
2021 · €-19k
2019: €-504
2020: €-7k
2021: €-19k
2019 → 2022
Working capital
€-12k
2021 · €60
2019: €-8k
2020: €-8k
2021: €60
2019 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2019202020212022Trend
Equity€-80k-€-75k▲ 7.2%€-93k▼ 24.9%€-274k▼ 194%
Operating result€-8k-€-7k▲ 14.4%€-15k▼ 130%€-179k▼ 1,094%
Net result€-504-€-7k▼ 1,209%€-19k▼ 181%€-181k▼ 876%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €179k in 2022 against €15k in 2021; the loss grows and 2022 has the lowest result in the available series.
Key figures and ratios
Debt
€276k▲
2021 · €251k
Debt ≤ 1 year
€14k▲
2021 · €16
Debt > 1 year
€262k▲
2021 · €251k
Ratios withheld: a balance sheet total of €2k is too small for a meaningful ratio.
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€158k€2k▼
Fixed assets21/28€158k-
Financial fixed assets28€158k-
Current assets29/58€76€2k▲
Amounts receivable within one year40/41€34-
Cash at bank and in hand54/58€42€2k▲
Equity and liabilities
Total equity and liabilities10/49€158k€2k▼
Equity10/15€-93k€-274k▼
Contributions10/11-€19k
Profit (loss) carried forward14€-112k€-293k▼
Amounts payable17/49€251k€276k▲
Amounts payable after more than one year17€251k€262k▲
Other amounts payable178/9-€262k
Amounts payable within one year42/48€16€14k▲
Trade debts44-€2k
Suppliers440/4-€2k
Taxes, remuneration and social security45-€12k
Taxes450/3-€12k
Income statement
Code20212022
Goods, raw materials, services and sundry goods60/61-€9k
Other operating charges640/8-€348
Non-recurring operating charges66A-€170k
Gross operating margin9900€-15k€-9k▲
Operating profit (loss)9901€-15k€-179k▼
Financial charges65/66B-€2k
Recurring financial charges65€4k€2k▼
Profit (loss) for the period before taxes9903€-19k€-181k▼
Profit (loss) for the period9904€-19k€-181k▼
Profit (loss) for the period to be appropriated9905€-19k€-181k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-293k
Profit (loss) brought forward from the previous period14P-€-112k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
07-10
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise francophone de Bruxelles · PI MANAGEMENT SRL AVENUE DE TERVUEREN 402, 1150 WOLUWE-SAINT-PIERRE. déclarée le 13 février 2023 · event 24-09-2024
2023
21-02
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · PI MANAGEMENT SRL AVENUE DE TERVUEREN 402, 1150 WOLUWE-SAINT-PIERRE · event 13-02-2023
17-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
Financial
Weakest financial yearnet €-181k
Net result drops to €-181k, the lowest in the series.
01-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 1 day late
2021
30-06
Financial
Liquidity times 147current ratio 4.67
Current ratio from 0.03 to 4.67; short-term debt falls from €9k to €16.
10-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 239 days late
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 604 days late
2017
13-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 13 days late
2016
24-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 53 days late
SignalFinancial milestoneNBB 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ALAIN HENDERICKX RUE DE STASSART 48 BL C/6,
1050 IXELLES |
13-02-2023 → present |