Summary
Pilõ is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €99,340 and a net result of -€33,630. Equity is growing by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 55% of 2460 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-09-2026, 46 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
46 d late
2024
64 d late
2023
61 d late
2022
42 d early
2021
2 d late
2020
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 27 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€99,340▼ 25.3%
2024 · €132,971
Net result
-€33,630
2024 · €12,694
Total assets
€178,231▼ 19.2%
2024 · €220,625
Solvency
55.7%▼ 4.5pp
2024 · 60.3%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€28,680▼ 37.9%€108,033▲ 277%€17,375▼ 83.9%€15,064▼ 13.3%-€30,950
Net result€19,670▼ 44.1%€79,415▲ 304%€9,618▼ 87.9%€12,694▲ 32.0%-€33,630
Equity€69,829▲ 39.2%€149,244▲ 114%€126,565▼ 15.2%€132,971▲ 5.1%€99,340▼ 25.3%
Total assets€130,904▼ 3.8%€186,907▲ 42.8%€164,598▼ 11.9%€220,625▲ 34.0%€178,231▼ 19.2%
Debt€61,075▼ 28.9%€37,663▼ 38.3%€38,033▲ 1.0%€87,655▲ 130%€78,891▼ 10.0%
Working capital-€27,783▲ 44.8%€22,360€4,713▼ 78.9%-€43,618-€50,287▼ 15.3%
Solvency53.3%▲ 16.5pp79.8%▲ 26.5pp76.9%▼ 3.0pp60.3%▼ 16.6pp55.7%▼ 4.5pp
Staff (FTE)2.1=5▲ 138%5=4▼ 20.0%4.3▲ 7.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €30,950 after €15,064 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €178,231
Fixed assets
€149,627 ▼ 15.3%
Current assets
€28,604 ▼ 35.0%
Equity and liabilities €178,231
Equity
€99,340 ▼ 25.3%
Debt
€78,891 ▼ 10.0%
Debt's share of the balance-sheet total rises from 39.7% to 44.3%. Equity and debt are lower.
Key figures and ratios
ROE
-33.9%▼
2024 · 9.5%
ROA
-18.9%▼
2024 · 5.8%
Debt ≤ 1 year
€78,891▼
2024 · €87,655
Income taxes
€2,243▼
2024 · €3,010
Staff costs
€162,773▼
2024 · €175,472
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €88,684 | €122,852 | €136,173 | €175,472 | €162,773 | ▼ 7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,462 | €19,400 | €25,256 | €33,296 | €37,129 | ▲ 11.5% |
| Other operating charges640/8 | €329 | €772 | €1,148 | €1,187 | €7,395 | ▲ 523% |
| Gross operating margin9900 | €130,155 | €251,057 | €179,951 | €225,018 | €176,346 | ▼ 21.6% |
| Operating profit (loss)9901 | €28,680 | €108,033 | €17,375 | €15,064 | -€30,950 | ▼ 305% |
| Financial income75/76B | €60 | - | €709 | €926 | - | - |
| Recurring financial income75 | €60 | - | €709 | €926 | - | - |
| Financial charges65/66B | €79 | €586 | €101 | €286 | €437 | ▲ 53.1% |
| Recurring financial charges65 | €79 | €586 | €101 | €286 | €437 | ▲ 53.1% |
| Profit (loss) for the period before taxes9903 | €28,660 | €107,447 | €17,983 | €15,704 | -€31,387 | ▼ 300% |
| Income taxes67/77 | €8,990 | €28,032 | €8,364 | €3,010 | €2,243 | ▼ 25.5% |
| Profit (loss) for the period9904 | €19,670 | €79,415 | €9,618 | €12,694 | -€33,630 | ▼ 365% |
| Profit (loss) for the period to be appropriated9905 | €19,670 | €79,415 | €9,618 | €12,694 | -€33,630 | ▼ 365% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €130,904 | €186,907 | €164,598 | €220,625 | €178,231 | ▼ 19.2% |
| Fixed assets21/28 | €97,797 | €127,069 | €133,852 | €176,589 | €149,627 | ▼ 15.3% |
| Intangible fixed assets21 | - | - | €9,104 | €7,714 | €6,324 | ▼ 18.0% |
| Tangible fixed assets22/27 | €97,797 | €127,069 | €124,748 | €168,875 | €143,302 | ▼ 15.1% |
| Land and buildings22 | - | - | - | €53,389 | €50,827 | ▼ 4.8% |
| Plant, machinery and equipment23 | €79,994 | €71,892 | €69,469 | €71,252 | €60,219 | ▼ 15.5% |
| Furniture and vehicles24 | €17,803 | €55,178 | €55,279 | €44,233 | €32,256 | ▼ 27.1% |
| Current assets29/58 | €33,107 | €59,838 | €30,746 | €44,037 | €28,604 | ▼ 35.0% |
| Amounts receivable within one year40/41 | - | €3,700 | €16,835 | €31,654 | €21,116 | ▼ 33.3% |
| Trade receivables40 | - | €3,700 | - | €8,329 | €938 | ▼ 88.7% |
| Other amounts receivable41 | - | - | €16,835 | €23,326 | €20,178 | ▼ 13.5% |
| Cash at bank and in hand54/58 | €33,107 | €38,258 | €4,944 | - | €1,100 | - |
| Deferred charges and accrued income490/1 | - | €17,880 | €8,967 | €12,382 | €6,387 | ▼ 48.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €130,904 | €186,907 | €164,598 | €220,625 | €178,231 | ▼ 19.2% |
| Equity10/15 | €69,829 | €149,244 | €126,565 | €132,971 | €99,340 | ▼ 25.3% |
| Contributions10/11 | €18,000 | €18,000 | €18,000 | €18,000 | €18,000 | = |
| Reserves13 | €51,829 | €131,244 | €104,863 | €112,194 | €112,361 | ▲ 0.1% |
| Distributable reserves133 | €51,829 | €131,244 | €104,863 | €112,194 | €112,361 | ▲ 0.1% |
| Profit (loss) carried forward14 | - | - | - | - | -€33,798 | - |
| Investment grants15 | - | - | €3,702 | €2,777 | €2,777 | = |
| Amounts payable17/49 | €61,075 | €37,663 | €38,033 | €87,655 | €78,891 | ▼ 10.0% |
| Amounts payable within one year42/48 | €60,890 | €37,478 | €26,033 | €87,655 | €78,891 | ▼ 10.0% |
| Financial debts43 | - | €1,496 | - | €151 | - | - |
| Credit institutions430/8 | - | - | - | €151 | - | - |
| Other loans439 | - | €1,496 | - | - | - | - |
| Trade debts44 | €7,753 | €14,409 | €7,468 | - | €9,991 | - |
| Suppliers440/4 | €7,753 | €14,409 | €7,468 | - | €9,991 | - |
| Taxes, remuneration and social security45 | €51,166 | €20,771 | €17,371 | €45,282 | €36,872 | ▼ 18.6% |
| Taxes450/3 | €29,067 | €8,032 | €8,032 | €4,968 | €10,161 | ▲ 105% |
| Remuneration and social security454/9 | €22,099 | €12,738 | €9,339 | €40,313 | €26,711 | ▼ 33.7% |
| Other amounts payable47/48 | €1,971 | €802 | €1,194 | €42,222 | €32,028 | ▼ 24.1% |
| Accrued charges and deferred income492/3 | €185 | €185 | €12,000 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,670 | €79,415 | €9,618 | €12,694 | -€33,630 | ▼ 365% |
| + Depreciation and write-downs630 | €12,462 | €19,400 | €25,256 | €33,296 | €37,129 | ▲ 11.5% |
| Operating cash flow (approximation) | €32,132 | €98,815 | €34,874 | €45,990 | €3,499 | ▼ 92.4% |
| Investment in fixed assets (approximation) | - | -€48,672 | -€32,038 | -€76,033 | -€10,167 | ▲ 86.6% |
| Change in cash | - | €5,151 | -€33,314 | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 46 days late
2025
31-12
Financial
Weakest financial yearnet -€33,630
Net result drops to -€33,630, the lowest in the series.
03-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 64 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2020net €79,415 ▲304%
Operating result €108,033, net result €79,415, both a record.
31-12
Financial
Liquidity triplescurrent ratio 1.60
Current ratio from 0.54 to 1.60; short-term debt falls from €60,890 to €37,478.
31-12
Financial
Equity above €100,000Eq €149,244 ▲114%
3 profitable years in a row build equity to €149,244.
02-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial 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
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
Registered office, Ukkel · 1 establishment unit since 2019
Ground area
4,566 m²
Building footprint
2,764 m²
Volume, LiDAR
40,296 m³
2 parcels, Brussels · tallest building 21.5 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
.
since 20192.295.248.642
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616G0176/00Z002 | Brussels | 3,007 m² | 1 · 1,975 m² | 21.5 m · 5 fl. |
| 21616G0176/00G003 | Brussels | 1,559 m² | 1 · 789 m² | 19.1 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,673 companies in sector 66220 we hold annual accounts for 3,220. 2,697 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
66220Insurance agents and brokers
Contact
E-mail
elise.vanwindekens@pv.be
Phone
+32474992242
E-invoicing
Reachable via Peppol
Peppol ID
0208:0736926816
Also
9925:BE0736926816
Registered
16-09-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.