PINA
ActivePINA has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €83k and a net result of €5k. Equity is growing by ~29.1% per year across the filed fiscal years. Its solvency ranks better than 52% of 13204 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+23
Solvency58▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.21 against 0.15 in 2024; short-term debt: 65% and cash: 0.7% of total assets), and 67.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
32.6%
Return on assets
1.8%
Age of the figures
12 mo
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 12-05-2026, 12 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
12 d late
2024
15 d late
2023
31 d late
2022
15 d late
2021
2 d late
2020
17 d late
2019
28 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€83k▲ 6.0%
2024 · €78k
2018: €26k
2019: €29k
2020: €29k
2021: €19k
2022: €18k
2023: €72k
2024: €78k
2018 → 2025
Total assets
€254k▼ 0.8%
2024 · €256k
2018: €427k
2019: €406k
2020: €407k
2021: €373k
2022: €364k
2023: €288k
2024: €256k
2018 → 2025
Net result
€5k▼ 19.1%
2024 · €6k
2018: €5k
2019: €3k
2020: €534
2021: €-31k
2022: €-1k
2023: €55k
2024: €6k
2018 → 2025
Working capital
€-130k▲ 7.4%
2024 · €-140k
2018: €-84k
2019: €-83k
2020: €-95k
2021: €-111k
2022: €-128k
2023: €-148k
2024: €-140k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€19k-€18k▼ 5.4%€72k▲ 312%€78k▲ 8.0%€83k▲ 6.0%
Operating result€-22k-€7k€77k▲ 928%€18k▼ 76.7%€9k▼ 46.9%
Net result€-31k-€-1k▲ 96.7%€55k€6k▼ 89.4%€5k▼ 19.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 47% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €254k
Fixed assets
€219k▼ 5.7%
Current assets
€35k▲ 45.8%
Equity and liabilities €254k
Equity
€83k▲ 6.0%
Debt
€171k▼ 3.9%
The debt ratio falls from 69.5% to 67.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€23k▼
2024 · €31k
Cash flow
€18k▼
2024 · €19k
Solvency
32.6%▲
2024 · 30.5%
Current ratio
0.21▲
2024 · 0.15
Quick ratio
0.11▲
2024 · 0.06
Debt / equity
2.06▼
2024 · 2.28
ROE
5.7%▼
2024 · 7.4%
ROA
1.8%▼
2024 · 2.3%
Interest coverage
10.12▲
2024 · 3.13
Debt
€171k▼
2024 · €178k
Debt ≤ 1 year
€165k▲
2024 · €164k
Debt > 1 year
€5k▼
2024 · €12k
Income taxes
€3k▲
2024 · €2k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€256k€254k▼
Fixed assets21/28€232k€219k▼
Tangible fixed assets22/27€231k€218k▼
Land and buildings22€227k€216k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€907€396▼
Financial fixed assets28€550€550=
Current assets29/58€24k€35k▲
Stocks and contracts in progress3€14k€16k▲
Stocks30/36€14k€16k▲
Amounts receivable within one year40/41€8k€16k▲
Trade receivables40-€7k
Other amounts receivable41€8k€9k▲
Cash at bank and in hand54/58€2k€2k=
Deferred charges and accrued income490/1€764€770▲
Equity and liabilities
Total equity and liabilities10/49€256k€254k▼
Equity10/15€78k€83k▲
Contributions10/11€19k€19k=
Reserves13€60k€64k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€58k€62k▲
Amounts payable17/49€178k€171k▼
Amounts payable after more than one year17€12k€5k▼
Financial debts170/4€12k€5k▼
Amounts payable within one year42/48€164k€165k▲
Current portion of amounts payable after more than one year42€10k€7k▼
Financial debts43€6k€6k▲
Credit institutions430/8€6k€6k▲
Trade debts44€29k€11k▼
Suppliers440/4€29k€11k▼
Taxes, remuneration and social security45€9k€9k▼
Taxes450/3€9k€9k▼
Other amounts payable47/48€110k€131k▲
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k▼
Other operating charges640/8€4k€3k▼
Gross operating margin9900€35k€26k▼
Operating profit (loss)9901€18k€9k▼
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€10k€2k▼
Recurring financial charges65€10k€2k▼
Profit (loss) for the period before taxes9903€8k€7k▼
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€6k€5k▼
Profit (loss) for the period to be appropriated9905€6k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€6k€5k▼
Transfer to equity691/2€6k€5k▼
To other reserves6921€6k€5k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 12 days late
2025
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 15 days late
2024
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
30-09
Financial
Back to profitnet €55k
Net result €55k after 2 loss-making years.
15-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 15 days late
2022
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
30-09
Financial
Weakest financial yearnet €-31k ▼5831%
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
17-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
28-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 3 days late
2017
28-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Flobecq · 1 establishment unit since 2007
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.
D'Hoppe 77880 FlobecqGround area
685 m²
Building footprint
72 m²
Volume, LiDAR
296 m³
Parcel 51019D0549/00G002, Wallonia · tallest building 4.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
't Barakske
since 20072.180.156.063
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51019D0549/00G002 | Wallonia | 685 m² | 1 · 72 m² | 4.9 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteFlobecq/Vloesberg2.180.156.063
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DORIANA
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Of 20,494 companies in sector 56111 we hold annual accounts for 11,454. 9,736 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded20-03-2007
Fiscal year end30-09
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
55302
55401
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.