PINDAKAAS
ActiveThe computed 12-month bankruptcy probability of PINDAKAAS is 1.5% (moderate). The 2025 annual accounts show equity of €656k and a net result of €176k. Equity is growing by ~87.6% per year across the filed fiscal years. Its solvency ranks better than 32% of 10310 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-3
Solvency47▲+9
Growth78=
Track record94
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity short (current ratio 0.89 against 1.46 in 2024; short-term debt: 44.9% and cash: 25.3% of total assets), and 78.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
21.7%
Return on assets
5.8%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-12-2025, 39 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
39 d early
2024
1 d early
2023
49 d early
2022
28 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€656k▲ 36.7%
2024 · €480k
2022: €-141k
2023: €173k
2024: €480k
2022 → 2025
Total assets
€3.02M▼ 16.1%
2024 · €3.60M
2022: €2.96M
2023: €3.11M
2024: €3.60M
2022 → 2025
Net result
€176k▼ 42.5%
2024 · €306k
2022: €-191k
2023: €314k
2024: €306k
2022 → 2025
Working capital
€-150k
2024 · €508k
2022: €-258k
2023: €169k
2024: €508k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€-141k-€173k€480k▲ 177%€656k▲ 36.7%
Operating result€-188k-€322k€339k▲ 5.1%€236k▼ 30.4%
Net result€-191k-€314k€306k▼ 2.5%€176k▼ 42.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 30% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.02M
Fixed assets
€1.81M▼ 9.2%
Current assets
€1.21M▼ 24.7%
Equity and liabilities €3.02M
Equity
€656k▲ 36.7%
Debt
€2.36M▼ 24.3%
The debt ratio falls from 86.7% to 78.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€530k▼
2024 · €634k
Cash flow
€470k▼
2024 · €602k
Solvency
21.7%▲
2024 · 13.3%
Current ratio
0.89▼
2024 · 1.46
Quick ratio
0.63▼
2024 · 1.13
Debt / equity
3.60▼
2024 · 6.51
ROE
26.9%▼
2024 · 63.9%
ROA
5.8%▼
2024 · 8.5%
Interest coverage
21.47▼
2024 · 29.78
Debt
€2.36M▼
2024 · €3.12M
Debt ≤ 1 year
€1.36M▲
2024 · €1.09M
Debt > 1 year
€1.01M▼
2024 · €2.03M
Income taxes
€60k▲
2024 · €36k
Staff costs
€852k▼
2024 · €986k
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€3.60M€3.02M▼
Fixed assets21/28€2.00M€1.81M▼
Tangible fixed assets22/27€2.00M€1.81M▼
Plant, machinery and equipment23€164k€231k▲
Other tangible fixed assets26€1.83M€1.58M▼
Current assets29/58€1.60M€1.21M▼
Stocks and contracts in progress3€366k€354k▼
Stocks30/36€366k€354k▼
Amounts receivable within one year40/41€62k€55k▼
Trade receivables40€26k€4k▼
Other amounts receivable41€36k€51k▲
Current investments50/53€491k€0▼
Cash at bank and in hand54/58€646k€763k▲
Deferred charges and accrued income490/1€38k€34k▼
Equity and liabilities
Total equity and liabilities10/49€3.60M€3.02M▼
Equity10/15€480k€656k▲
Contributions10/11€50k€50k=
Profit (loss) carried forward14€430k€606k▲
Amounts payable17/49€3.12M€2.36M▼
Amounts payable after more than one year17€2.03M€1.01M▼
Financial debts170/4-€1.00M
Trade debts175€2.03M€4k▼
Amounts payable within one year42/48€1.09M€1.36M▲
Current portion of amounts payable after more than one year42-€158k
Trade debts44€873k€1,000k▲
Suppliers440/4€873k€1,000k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€222k€198k▼
Taxes450/3€129k€119k▼
Remuneration and social security454/9€93k€79k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€986k€852k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€295k€294k▼
Other operating charges640/8€6k€461▼
Gross operating margin9900€1.63M€1.38M▼
Operating profit (loss)9901€339k€236k▼
Financial income75/76B€25k€26k▲
Recurring financial income75€25k€26k▲
Financial charges65/66B€21k€25k▲
Recurring financial charges65€21k€25k▲
Profit (loss) for the period before taxes9903€343k€237k▼
Income taxes67/77€36k€60k▲
Profit (loss) for the period9904€306k€176k▼
Profit (loss) for the period to be appropriated9905€306k€176k▼
Appropriation of the result
Profit (loss) to be appropriated9906€430k€606k▲
Profit (loss) brought forward from the previous period14P€123k€430k▲
Social balance
Average headcount (FTE)908724.623.0▼
The notes to these accounts (14 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
2025
23-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Equity above €500kEq €656k ▲36.7%
3 profitable years in a row build equity to €656k.
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Equity above €200kEq €480k ▲177%
2 profitable years in a row build equity to €480k.
2023
13-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-06
Financial
Back to profitnet €314k
Net result €314k after one loss-making year.
30-06
Financial
Equity above €150kEq €173k
Equity rises from €-141k to €173k.
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
Financial 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
Registered office, Ingelmunster · 1 establishment unit since 2021
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.
Kortrijkstraat 1148770 IngelmunsterGround area
7,400 m²
Building footprint
1,854 m²
Volume, LiDAR
5,706 m³
Parcel 36007D0361/00N002, Flanders · tallest building 10.5 m. Linked by address, not a title deed.
1 establishment unit
Albert Heijn
since 20212.312.156.138
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36007D0361/00N002 | Flanders | 7,400 m² | 1 · 1,854 m² | 10.5 m |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 9 entries · 50,617 EUR awarded · 5,960 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 4 | 1,160 EUR | 1,160 EUR |
| 2024 | 2 | 44,657 EUR | 4,050 EUR |
| 2023 | 2 | 4,550 EUR | 500 EUR |
| 2022 | 1 | 250 EUR | 250 EUR |
Schemes
Ecologiepremie+
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Premie kwalificerend werkplekleren
Stagebonus (stopgezet)
Recognitions · licences · registrations
Food safety, FASFC
1 site · 1 with a smileyIngelmunster2.312.156.138
Dual-learning approval
3 live approvals · 1 endedOnthaal, organisatie en sales duaal (so)
Winkelmedewerker (vwo)
Winkelmedewerker duaal (so)
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Of 10,527 companies in sector 47110 we hold annual accounts for 5,862. 2,781 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-12-2020
Fiscal year end30-06
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47114Supermarkets
Sources
Crossroads Bank for EnterprisesNational Bank · 4 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.