PIMS
InactivePIMS was declared bankrupt on 12-12-2022 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 14-10-2025, published in the Belgian State Gazette on 24-10-2025.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 31-08-2022, 31 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
31 d late
2020
31 d late
2019
122 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€-69k▼ 12.4%
2020 · €-62k
2018: €-81k
2019: €-22k
2020: €-62k
2018 → 2021
Total assets
€59k▼ 7.8%
2020 · €64k
2018: €105k
2019: €84k
2020: €64k
2018 → 2021
Net result
€-8k▲ 80.5%
2020 · €-39k
2018: €-40k
2019: €58k
2020: €-39k
2018 → 2021
Working capital
€-100k▼ 0.7%
2020 · €-100k
2018: €-130k
2019: €-67k
2020: €-100k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€-81k-€-22k▲ 72.3%€-62k▼ 175%€-69k▼ 12.4%
Operating result€-40k-€62k€-37k€-5k▲ 86.3%
Net result€-40k-€58k€-39k€-8k▲ 80.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5k in 2021 against €37k in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €59k
Fixed assets
€31k ▼ 18.2%
Current assets
€28k ▲ 7.4%
Key figures and ratios
EBITDA
€2k▲
2020 · €-30k
Cash flow
€-724▲
2020 · €-32k
Solvency
-117.7%▼
2020 · -96.5%
Current ratio
0.22▲
2020 · 0.21
Quick ratio
0.18▲
2020 · 0.16
Debt / equity
-1.85
ROA
-13.0%▲
2020 · -61.5%
Interest coverage
0.75
Debt
€128k▲
2020 · €125k
Debt ≤ 1 year
€128k▲
2020 · €125k
Income taxes
€117=
2020 · €117
Staff costs
€93k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 42 lines
Balance sheet
Code20202021
Assets
Total assets20/58€64k€59k▼
Fixed assets21/28€38k€31k▼
Tangible fixed assets22/27€37k€30k▼
Plant, machinery and equipment23-€4k
Other tangible fixed assets26-€25k
Financial fixed assets28€1k€1k=
Current assets29/58€26k€28k▲
Stocks and contracts in progress3€5k€5k=
Stocks30/36-€5k
Amounts receivable within one year40/41€12k€11k▼
Trade receivables40-€11k
Cash at bank and in hand54/58€9k€12k▲
Equity and liabilities
Total equity and liabilities10/49€64k€59k▼
Equity10/15€-62k€-69k▼
Contributions10/11-€19k
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€-82k€-90k▼
Amounts payable17/49€125k€128k▲
Amounts payable within one year42/48€125k€128k▲
Trade debts44€51k€45k▼
Suppliers440/4-€45k
Taxes, remuneration and social security45-€70k
Taxes450/3-€26k
Remuneration and social security454/9-€44k
Other amounts payable47/48-€13k
Income statement
Code20202021
Remuneration, social security and pensions62-€93k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▼
Other operating charges640/8-€706
Gross operating margin9900€58k€96k▲
Operating profit (loss)9901€-37k€-5k▲
Financial income75/76B-€0
Recurring financial income75€7€0▼
Financial charges65/66B-€2k
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€-39k€-8k▲
Income taxes67/77€117€117=
Profit (loss) for the period9904€-39k€-8k▲
Profit (loss) for the period to be appropriated9905€-39k€-8k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-90k
Profit (loss) brought forward from the previous period14P-€-82k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-10
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · PIMS SRL CHAUSSEE DE WATERLOO 1484, 1180 UCCLE. déclarée le 12 décembre 2022 · event 14-10-2025
2022
19-12
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · PIMS SRL CHAUSSEE DE WATERLOO 1484, 1180 UCCLE · event 12-12-2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 488 days late
2019
31-12
Financial
Back to profitnet €58k
Net result €58k after one loss-making year.
04-07
Judicial reorganisation
Plan homologation
Tribunal de l’entreprise francophone de Bruxelles · 20190005 · event 01-07-2019
2018
15-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 137 days late
2017
04-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 126 days late
08-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 281 days late
2015
27-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 27 days late
2014
06-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 6 days late
2013
12-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 12 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | YSABELLE ENSCH AVENUE LOUISE 349 B 17,
1050 IXELLES |
12-12-2022 → present |