Turnover
≈ €1.2m estimated
The accounts state no turnover.
PIGS
Lifetime
18 annual accounts with figures on one time axis, 29 filings since 1997peak €425,170 (2023)
€300,977▼ 11.9%
lowest -€49,714 (2010)
€9,603▲ €32,961
peak €178,416 (2023)
€164,659▲ 6.2%
€691,504▲ 7.9%
peak 6 FTE (2008)
-not published
Board1 name since 2023
1 director
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Back to profit: €9,603Cash from €2,612 to €4,368
Key points
from the 2025 annual accountsDebts
€691,504 81% of the balance sheet
Financial debts 41%Suppliers 28%Taxes and wages 10%Other 21%
Staff
3.3 FTE from 6 in 2008
Between 2008 and 2025, 45% of the full-time equivalents disappeared.
Filings
29 annual accounts since 1997
Two of the last ten came late. The 2023 accounts came latest: 90 days after the end of the period.
Subsidiaries
-€183,647
Subsidiary with negative equity. .
Position in the sector
€300,977
Higher gross margin than 95% of companies in retail trade. Sector median €33,269 · 25,153 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,986 companies had the same profile as PIGS has now. Each dot stands for 10 companies, two years later.
96.4%
were still trading
2.4%
stopped another way
1.1%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,986 companies, not a prediction for PIGS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Reappointment: (director)
holds all the shares · Director discharge: · General meeting of 04-10-2023 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0458232948
Registered office moved to Tarcienne
New registered office: Route de Philippeville 94 à 5651 TARCIENNE · Previous registered office: Avenue Jean Mermoz 29 à GOSSELIES · General meeting of 30-12-2016 · Gazette deed
First establishment
PICS, Route de Philippeville 94, Walcourt
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PIGS Walcourt | €856,164 | €300,977 | 19.2% | - |
| LE PETIT BOTANIQUE Ganshoren | €795,672 | €318,092 | 54.3% | 3.9 |
| Librairie PAPYRUS Namur | €778,615 | €365,601 | 28.2% | 3.7 |
| LIBRAIRIE CENTRALE DE BEAURAING Beauraing | €842,073 | €338,621 | 63.9% | - |
| BUROR Philippeville | €841,686 | €369,043 | 24.3% | 6 |
| J.E.M. DIFFUSION Brussels | €817,711 | €307,606 | 56.2% | 6 |
| VIDEO RAMA Stabroek | €930,525 | €345,351 | 49.6% | 6.5 |
These companies have the same main activity as PIGS: retail sale of newspapers and periodicals (NACE 47621). They are comparable in size and age: total assets between €779,000 and €931,000, founded between 1987 and 2002.
Official details
Source: KBO- Status
- Active since 18-06-1996Normal situation
- Activity
- Retail sale of newspapers and periodicalsNACE 47621and 4 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.079.252.7055651 Walcourt, since 27-11-1996
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Annual accounts 2025
- €856,164▲ 7.6%
- Employeeson 31-12-2025
- 3▼ 25.0%
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on PIGS
PIGS files the micro format. That format states no turnover. The gross margin fell from €308,892 in 2008 to €300,977 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PIGS
- What is the company number of PIGS?
- The company number of PIGS is 0458.232.948. The VAT number is the same number with BE in front: BE 0458.232.948.
- Where is PIGS based?
- The registered office is at Route de Philippeville 94, 5651 Walcourt.Company details
- What does PIGS do?
- According to the KBO register, the main activity is retail sale of newspapers and periodicals (NACE 47621).
- What is the legal form of PIGS?
- PIGS is a private limited company (BV).
- When was PIGS founded?
- PIGS was founded on 18-06-1996.
- Is PIGS still active?
- Yes, PIGS is an active enterprise in the KBO register.
- How many employees does PIGS have?
- PIGS had an average of 3.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does PIGS fall under?
- In its 2025 annual accounts, PIGS states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of PIGS?
- The turnover in financial year 2025 is ≈ €1.2m. This figure is estimated from the gross margin of €300,977 and 69 comparable companies (NACE 47). It probably lies between €680,000 and €1.8m.
- Is PIGS profitable?
- In financial year 2025, PIGS made a profit of €9,603.
- Where can I find the annual accounts of PIGS?
- PIGS filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PIGS due?
- PIGS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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