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Pila

Bankruptcy closed
Private limited companyfounded 2013Bredabaan (Centrum) 492, 2990 Wuustwezel, BelgiumKBO/BCE: BE 0537.422.659

Inactive since 03-07-2026; last annual accounts for fiscal year 2023.

Summary

Pila was declared bankrupt on 06-02-2025 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 01-07-2026, published in the Belgian State Gazette on 06-07-2026.

PilaBankruptcy closed

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Bankruptcy closed
The Belgian State Gazette published the closure of the bankruptcy. The latest notice is dated 06-07-2026. The registration has since been removed from the register.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 15-07-2024, 16 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2023
16 d early
2022
32 d early
2021
33 d early
2020
33 d early
2019
36 d early
2018
37 d early
2017
39 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 32 days before the deadline; the sector median for financial year 2023 is on the deadline day, and 48% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Pila was incorporated on 6 August 2013.1 Total assets rose from EUR 55,602 in 2018 to EUR 63,779 in 2023.2 On 6 February 2025 the company was declared bankrupt; the bankruptcy was closed on 1 July 2026.34

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023
  3. 3Belgian State Gazette, 12-02-2025
  4. 4Belgian State Gazette, 06-07-2026

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2023, micro schema

Equity
-€592
2022 · €9,029
Total assets
€63,779▼ 19.9%
2022 · €79,628
Net result
-€22,021
2022 · €1,157
Working capital
€3,619▼ 81.8%
2022 · €19,906
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202120222023
Operating result€17,218▼ 34.6%€8,807▼ 48.8%€2,779▼ 68.4%-€3,582-€21,172▼ 491%
Net result€17,021▼ 30.6%€7,058within the sector's middle half▼ 58.5%€1,597below the sector's middle half▼ 77.4%€1,157within the sector's middle half▼ 27.5%-€22,021below the sector's middle half
Equity-€783▲ 95.6%€6,275below the sector's middle half€7,872below the sector's middle half▲ 25.4%€9,029within the sector's middle half▲ 14.7%-€592below the sector's middle half
Total assets€52,989▼ 4.7%€67,490below the sector's middle half▲ 27.4%€65,207below the sector's middle half▼ 3.4%€79,628within the sector's middle half▲ 22.1%€63,779within the sector's middle half▼ 19.9%
Debt€53,772▼ 26.7%€61,215▲ 13.8%€57,335▼ 6.3%€70,598▲ 23.1%€64,371▼ 8.8%
Working capital-€8,337▲ 69.2%€466below the sector's middle half€22,558within the sector's middle half▲ 4,741%€19,906within the sector's middle half▼ 11.8%€3,619within the sector's middle half▼ 81.8%
Solvency-1.5%▲ 30.5pp9.3%below the sector's middle half▲ 10.8pp12.1%below the sector's middle half▲ 2.8pp11.3%within the sector's middle half▼ 0.7pp-0.9%below the sector's middle half▼ 12.3pp
Current ratio0.84▲ 0.221.01below the sector's middle half▲ 0.161.59within the sector's middle half▲ 0.581.35within the sector's middle half▼ 0.241.06within the sector's middle half▼ 0.29
Return on assets (ROA)32.1%▼ 12.0pp10.5%within the sector's middle half▼ 21.7pp2.4%within the sector's middle half▼ 8.0pp1.5%within the sector's middle half▼ 1.0pp-34.5%below the sector's middle half▼ 36.0pp
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0€10,000€20,000Operating result 2019: €17,218€17,218Net result 2019: €17,021€17,021Operating result 2020: €8,807€8,807Net result 2020: €7,058€7,058Operating result 2021: €2,779€2,779Net result 2021: €1,597€1,597Operating result 2022: -€3,582-€3,582Net result 2022: €1,157€1,157Operating result 2023: -€21,172-€21,172Net result 2023: -€22,021-€22,02120192020202120222023-€30,000-€20,000-€10,000€0Operating result 2021: €2,779€2,780Net result 2021: €1,597€1,600Operating result 2022: -€3,582-€3,580Net result 2022: €1,157€1,160Operating result 2023: -€21,172-€21,200Net result 2023: -€22,021-€22,000202120222023
The operating result stays negative: a loss of €21,172 in 2023 against €3,582 in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €63,779
Fixed assets €1,700 ▼ 37.5%
Current assets €62,079 ▼ 19.3%
Equity and liabilities
Equity-€592
Debt€64,371
Equity is negative: debt (€64,371) exceeds the balance-sheet total (€63,779).
Key figures and ratios
2023 value · change against 2022
EBITDA
-€20,154▼
2022 · -€1,837
Cash flow
-€21,003▼
2022 · €2,903
Quick ratio
0.41▼
2022 · 0.65
Interest coverage
-17.13▲
2022 · -33.70
Debt ≤ 1 year
€58,460▲
2022 · €57,004
Debt > 1 year
€4,861▼
2022 · €13,195
Income taxes
€121▼
2022 · €829
Equity ratios withheld: equity of -€592 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 42 lines
Balance sheet Code20222023
Assets
Total assets20/58€79,628€63,779▼
Fixed assets21/28€2,718€1,700▼
Intangible fixed assets21€1,018€0▼
Financial fixed assets28€1,700€1,700=
Current assets29/58€76,910€62,079▼
Stocks and contracts in progress3€39,915€37,951▼
Stocks30/36€39,915€37,951▼
Amounts receivable within one year40/41-€2,138
Trade receivables40-€2,107
Other amounts receivable41-€31
Cash at bank and in hand54/58€36,994€18,814▼
Deferred charges and accrued income490/1-€3,176
Equity and liabilities
Total equity and liabilities10/49€79,628€63,779▼
Equity10/15€9,029-€592▼
Contributions10/11€6,200€18,600▲
Profit (loss) carried forward14€2,829-€19,192▼
Amounts payable17/49€70,598€64,371▼
Amounts payable after more than one year17€13,195€4,861▼
Financial debts170/4€13,195€4,861▼
Amounts payable within one year42/48€57,004€58,460▲
Current portion of amounts payable after more than one year42€9,028€9,028=
Trade debts44€14,431€37,466▲
Suppliers440/4€14,431€37,466▲
Taxes, remuneration and social security45€11,005€10,366▼
Taxes450/3€9,405€8,766▼
Remuneration and social security454/9€1,600€1,600=
Other amounts payable47/48€22,540€1,600▼
Accrued charges and deferred income492/3€400€1,050▲
Income statement Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,746€1,018▼
Other operating charges640/8€344€749▲
Gross operating margin9900-€1,493-€19,405▼
Operating profit (loss)9901-€3,582-€21,172▼
Financial income75/76B€5,623€448▼
Recurring financial income75€5,623€448▼
Financial charges65/66B€55€1,176▲
Recurring financial charges65€55€1,176▲
Profit (loss) for the period before taxes9903€1,987-€21,900▼
Income taxes67/77€829€121▼
Profit (loss) for the period9904€1,157-€22,021▼
Profit (loss) for the period to be appropriated9905€1,157-€22,021▼
Appropriation of the result
Profit (loss) to be appropriated9906€2,829-€19,192▼
Profit (loss) brought forward from the previous period14P€1,672€2,829▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,746€1,746€1,746€1,746€1,018▼ 41.7%
Other operating charges640/8--€330€344€749▲ 118%
Gross operating margin9900€19,287€10,772€4,855-€1,493-€19,405▼ 1,200%
Operating profit (loss)9901€17,218€8,807€2,779-€3,582-€21,172▼ 491%
Financial income75/76B--€280€5,623€448▼ 92.0%
Recurring financial income75€660€172€280€5,623€448▼ 92.0%
Financial charges65/66B--€1,463€55€1,176▲ 2,058%
Recurring financial charges65€556€1,921€1,463€55€1,176▲ 2,058%
Profit (loss) for the period before taxes9903€17,322€7,058€1,597€1,987-€21,900▼ 1,202%
Income taxes67/77€301--€829€121▼ 85.4%
Profit (loss) for the period9904€17,021€7,058€1,597€1,157-€22,021▼ 2,003%
Profit (loss) for the period to be appropriated9905€17,021€7,058€1,597€1,157-€22,021▼ 2,003%
Line20192020202120222023Change
Assets
Total assets20/58€52,989€67,490€65,207€79,628€63,779▼ 19.9%
Fixed assets21/28€7,955€6,209€4,464€2,718€1,700▼ 37.5%
Intangible fixed assets21€6,255€4,509€2,764€1,018€0▼ 100%
Financial fixed assets28€1,700€1,700€1,700€1,700€1,700=
Current assets29/58€45,034€61,281€60,743€76,910€62,079▼ 19.3%
Stocks and contracts in progress3€20,951€29,822€31,863€39,915€37,951▼ 4.9%
Stocks30/36--€31,863€39,915€37,951▼ 4.9%
Amounts receivable within one year40/41€216€6,345--€2,138-
Trade receivables40----€2,107-
Other amounts receivable41----€31-
Cash at bank and in hand54/58€23,868€25,114€28,647€36,994€18,814▼ 49.1%
Deferred charges and accrued income490/1--€233-€3,176-
Equity and liabilities
Total equity and liabilities10/49€52,989€67,490€65,207€79,628€63,779▼ 19.9%
Equity10/15-€783€6,275€7,872€9,029-€592▼ 107%
Contributions10/11€6,200-€6,200€6,200€18,600▲ 200%
Profit (loss) carried forward14-€6,983€75€1,672€2,829-€19,192▼ 778%
Amounts payable17/49€53,772€61,215€57,335€70,598€64,371▼ 8.8%
Amounts payable after more than one year17--€18,750€13,195€4,861▼ 63.2%
Financial debts170/4--€18,750€13,195€4,861▼ 63.2%
Amounts payable within one year42/48€53,372€60,815€38,185€57,004€58,460▲ 2.6%
Current portion of amounts payable after more than one year42--€6,250€9,028€9,028=
Trade debts44€12,478€33,145€2,603€14,431€37,466▲ 160%
Suppliers440/4--€2,603€14,431€37,466▲ 160%
Taxes, remuneration and social security45--€6,901€11,005€10,366▼ 5.8%
Taxes450/3--€6,151€9,405€8,766▼ 6.8%
Remuneration and social security454/9--€750€1,600€1,600=
Other amounts payable47/48--€22,430€22,540€1,600▼ 92.9%
Accrued charges and deferred income492/3--€400€400€1,050▲ 163%
Line20192020202120222023Change
Profit (loss) for the period9904€17,021€7,058€1,597€1,157-€22,021▼ 2,003%
+ Depreciation and write-downs630€1,746€1,746€1,746€1,746€1,018▼ 41.7%
Operating cash flow (approximation)€18,766€8,803€3,342€2,903-€21,003▼ 824%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€1,247€3,533€8,347-€18,180▼ 318%

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

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Timeline · acts, filings and financial milestones

2026
06-07
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 01-07-2026
2025
12-02
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 06-02-2025
2024
15-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet -€22,021
Net result drops to -€22,021, the lowest in the series.
29-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
25-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
24-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
26-06
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Wuustwezel
exact location from the address register On OpenStreetMap
Ground area
294 m²
Building footprint
260 m²
Volume, LiDAR
2,193 m³
Parcel 11053D0916/00C008, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11053D0916/00C008 Flanders 294 m² 1 · 260 m² 12.0 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator FILIP SELS
Hemelstraat 3, 2018 Antwerpen 1
06-02-2025 → 01-07-2026

Subsidies and aid

Flemish government

2024 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid
Year Entries awardedpaid
2024 1 2,000 EUR2,000 EUR
Schemes
1 entry · 2,000 EUR · 2,000 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 6,488 companies in this sector we hold annual accounts for 2,442. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded06-08-2013
Fiscal year end31-12
Activities, NACEBEL 2025
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47711Retail sale of women's outerwear
47712Retail trade
47713Retail trade
47715Retail trade
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.