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PigsFly

Active Private limited companyfounded 2001active for 24 yearsDuivenstraat 9, 3010 LeuvenKBO/BCE: BE 0476.278.710

Lifetime

17 annual accounts with figures on one time axis, 24 filings since 2002
peak €32,991 (2020)
€15,288▼ 34.9%
lowest -€36,767 (2013)
€5,153▼ 59.7%
peak €77,533 (2025)
€77,533▲ 7.1%
€104,365▲ 5.1%
Board3 names since 2021
3 directors and 2 others
Documentsfilings and deeds
01-07-202630 days before the deadline
2025abbreviated format
Gross margin from €23,496 to €15,288Result from €12,786 to €5,153Cash from €18,655 to €33,381

Key points

from the 2025 annual accounts

Equity

€77,533 ▲ 7.1%

PigsFly has made a profit without a break since 2019.

Turnover

≈ €94,000 estimated

The abbreviated format states no turnover.

Filings

24 annual accounts since 2002
AprilJune31 JulyOctober20102020

The 2018 accounts came 22 days late. The other nine of the last ten were filed on time.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,044 companies had the same profile as PigsFly has now. Each dot stands for 43 companies, two years later.

94.3%
were still trading
5.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% 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.

The companies in ten equal groups, from the lowest to the 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 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 17,044 companies, not a prediction for PigsFly. 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Director
Director
  • shareholderdeed of 12-01-2024
  • shareholderdeed of 12-01-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0476278710
Company renamed from M COMMUNICATIONS to PigsFly Registered office moved within Leuven · New registered office: Duivenstraat 9, 3010 Leuven (Kessel-Lo) · Previous registered office: August Vermeylenlaan 11, 3010 Leuven (Kessel-Lo) · Gazette deed
First establishment Duivenstraat 9, Leuven
All 33 events

Comparable companies

same main activity, similar in size and age
Company
PigsFly Leuven €181,898 €15,288 42.6% -
DOUM Flémalle €173,718 €13,807 22.3% -
SHOPPING MAGAZINE Ninove €183,277 €16,487 22.0% -
MARC THOMASSET Schaerbeek €206,452 €17,891 62.0% -
LA TERRE EMOI Waterloo €158,893 €13,032 -100.8% -
MarketAir Leuven €198,499 €10,348 6.6% -
KATAPULT Sint-Pieters-Leeuw €197,334 €23,493 86.9% -

These companies have the same main activity as PigsFly: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €159,000 and €206,000, founded between 2001 and 2005.

Official details

Source: KBO
Status
Active since 10-12-2001Normal situation
Activity
Advertising agenciesNACE 73110
Establishment unit
2.116.469.6253010 Leuven, since 13-12-2001
Financial year end
31 December
Peppol
Reachable since 24-02-2025
Company details

Annual accounts 2025

€181,898▲ 6.0%
Filing
Filed on 01-07-2026, 30 days before the end of the filing period
Financials

Insights on PigsFly

PigsFly files the abbreviated format. That format states no turnover. The gross margin rose from €4,125 in 2009 to €15,288 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 PigsFly

What is the company number of PigsFly?
The company number of PigsFly is 0476.278.710. The VAT number is the same number with BE in front: BE 0476.278.710.
Where is PigsFly based?
The registered office is at Duivenstraat 9, 3010 Leuven.Company details
What does PigsFly do?
According to the KBO register, the main activity is advertising agencies (NACE 73110).
What is the legal form of PigsFly?
PigsFly is a private limited company (BV).
When was PigsFly founded?
PigsFly was founded on 10-12-2001.
Is PigsFly still active?
Yes, PigsFly is an active enterprise in the KBO register.
What is the turnover of PigsFly?
The turnover in financial year 2025 is ≈ €94,000. This figure is estimated from the gross margin of €15,288 and 42 comparable companies (NACE 73110). It probably lies between €49,000 and €170,000. It is a rough estimate.Financials
Is PigsFly profitable?
In financial year 2025, PigsFly made a profit of €5,153.
Where can I find the annual accounts of PigsFly?
PigsFly filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PigsFly due?
PigsFly must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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