PINDAKAAS
The computed 12-month bankruptcy probability of PINDAKAAS is 1.5% (low). 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 51% of 473 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €656k |
| Net result | €176k |
| Staff (FTE) | 23 |
| Better than sector | 51% |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 21.7% | 21.1% | |
| Net result | €176k | €32k | |
| Equity | €656k | €162k | |
| Gross operating margin | €1.38M | €282k | |
| Staff costs | €852k | €223k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €530k |
| Net profit | €176k |
| Cash flow | €470k |
| Staff costs | €852k |
| Income taxes | €60k |
| Dividends | - |
| Total assets | €3.02M |
| Equity | €656k |
| Debt | €2.36M |
| of which ≤ 1y | €1.36M |
| of which > 1y | €1.01M |
| Working capital | €-150k |
| Employees (FTE) | 23.0 |
| 2025 | |
|---|---|
| Current ratio | 0.89 |
| Quick ratio | 0.63 |
| Working capital ratio | -5.0% |
| Solvency | 21.7% |
| Debt / equity | 3.60 |
| Long-term debt ratio | 1.54 |
| Interest coverage | 21.47 |
| Gross margin | - |
| Net margin | - |
| ROA | 5.8% |
| ROE | 26.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €3.02M |
| Fixed assets | 21/28 | €1.81M |
| Tangible fixed assets | 22/27 | €1.81M |
| Current assets | 29/58 | €1.21M |
| Stocks & contracts in progress | 3 | €354k |
| Amounts receivable within one year | 40/41 | €55k |
| Investments | 50/53 | €0 |
| Cash & bank | 54/58 | €763k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.02M |
| Equity | 10/15 | €656k |
| Contributions / capital | 10/11 | €50k |
| Accumulated profits (losses) | 14 | €606k |
| Amounts payable | 17/49 | €2.36M |
| Amounts payable after one year | 17 | €1.01M |
| Amounts payable within one year | 42/48 | €1.36M |
| Trade debts payable within one year | 44 | €1,000k |
| Income statement | ||
| Gross operating margin | 9900 | €1.38M |
| Operating result | 9901 | €236k |
| Financial income | 75 | €26k |
| Financial charges | 65 | €25k |
| Result before taxes | 9903 | €237k |
| Income taxes | 67/77 | €60k |
| Net result for the period | 9904 | €176k |
| Result to be appropriated | 9905 | €176k |
| NACE primary | Non-specialised food retail(47110) |
| Legal form | Private limited company(610) |
| Incorporation | 07-12-2020 |
| Status | Active |
| Postal code | 8770 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36007D0361/00N002 | Flanders | 7,400 m² | 1 · 1,854 m² | 10.5 m |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
30-05-2025 4 directors appointed, 1 resigning
- Benoit Dezutter, Bestuurder
- Jan Maes, Dagelijks bestuur
- Jens rau, Gedelegeerd bestuurder
- Florian Dewulf, Gedelegeerd bestuurder
- BV TLM-INVEST, Bestuurder
Technical details
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}10-01-2024 2 directors appointed, 1 resigning correction
- TLM-INVEST, Bestuurder
- Thibaut Lemahieu, Vaste vertegenwoordiger
- Thibaut Lemahieu, Niet statutaire
Technical details
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}23-12-2022 Registered office moved from Torhout to Ingelmunster
- 8820 Torhout, Rozeveldstraat 75 → 8770 Ingelmunster, Kortrijkstraat 114
Technical details
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]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | PINDAKAAS |