Pi-security
Annual accounts 2025
micro format, filed on 30-07-2026, 1 day before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €39,000. Estimated: probably between €25,000 and €81,000.
Balance sheet
balance sheet total €32,057 on 31-12-2025in euro
in euro
Position in the sector
7.0%
Higher than 12% of 35,125 companies in 2025.
0.96
Higher than 19% of 34,499 companies in 2025.
-2.1%
Higher than 19% of 34,700 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
32,057 | 24,179 | 20,269 | |
21/28 |
3,595 | 5,972 | 8,349 | |
22/27 |
3,595 | 5,972 | 8,349 | |
24 |
3,595 | 5,972 | 8,349 | |
29/58 |
28,463 | 18,207 | 11,920 | |
40/41 |
27,417 | 15,302 | 8,241 | |
40 |
26,825 | 15,302 | 8,241 | |
41 |
592 | - | 0 | |
54/58 |
823 | 2,736 | 1,808 | |
490/1 |
222 | 170 | 1,870 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
32,057 | 24,179 | 20,269 | |
10/15 |
2,257 | 2,930 | 269 | |
10/11 |
5,000 | 5,000 | 5,000 | |
14 |
-2,743 | -2,070 | -4,731 | |
17/49 |
29,800 | 21,249 | 20,000 | |
17 |
- | - | 194 | |
178/9 |
- | - | 194 | |
42/48 |
29,800 | 21,249 | 19,806 | |
44 |
22,850 | 18,670 | 14,647 | |
440/4 |
22,850 | 18,670 | 14,647 | |
45 |
3,313 | 1,195 | 2,533 | |
450/3 |
813 | 1,195 | 1,033 | |
454/9 |
2,500 | - | 1,500 | |
47/48 |
3,637 | 1,384 | 2,626 | |
| Income statement | ||||
9900 |
4,695 | 8,081 | -1,835 | |
630 |
2,377 | 2,377 | 1,159 | |
640/8 |
611 | 754 | 531 | |
9901 |
1,707 | 4,950 | -3,525 | |
75/76B |
1 | 1 | 12 | |
75 |
1 | 1 | 12 | |
65/66B |
1,974 | 2,289 | 1,218 | |
65 |
1,974 | 2,289 | 1,218 | |
9903 |
-267 | 2,661 | -4,731 | |
67/77 |
406 | - | - | |
9904 |
-673 | 2,661 | -4,731 | |
9905 |
-673 | 2,661 | -4,731 | |
| Appropriation of the result | ||||
9906 |
-2,743 | -2,070 | -4,731 | |
14P |
-2,070 | -4,731 | - | |
| Document | ||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 4,084 | 7,327 | -2,366 | ||
| 1,704 | 5,038 | -3,572 | ||
| 0 | 0 | 9,508 | ||
| -1,912 | 927 | - | ||
| -1,338 | -3,042 | -7,887 | ||
| 7.0% | 12.1% | 1.3% | ||
| 0.96 | 0.86 | 0.60 | ||
| 13.20 | 7.25 | - | ||
| -29.8% | 90.8% | - | ||
| -2.1% | 11.0% | -23.3% | ||
| 2.07 | 3.20 | -1.94 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | - | - | €9,508 |
| €2,377 | €2,377 | €1,159 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on Pi-security
The operating result for 2025 is 66% lower than in 2024.
Debt's share of the balance-sheet total rises from 87.9% to 93.0%. Equity is lower and debt is higher.