Equity
€345,457 ▼ 2.5%
PINE FOREST paid out €176,471 in dividends. That is 105% of the 2025 profit.
PINE FOREST
Lifetime
8 annual accounts with figures on one time axispeak €121,170 (2020)
€19,511▼ 75.0%
lowest -€3,283 (2018)
€167,665▲ 319%
peak €354,263 (2024)
€345,457▼ 2.5%
€30,208▼ 82.6%
peak 0 FTE (2025)
0 FTE
Board1 name since 2018
1 director
Documentsfilings and deeds
13-03-2026140 days before the deadline
2025abbreviated format
Gross margin from €78,006 to €19,511Result from €39,992 to €167,665Dividend €176,471Debts from €174,082 to €30,208Cash from €21,322 to €63,517
Key points
from the 2025 annual accountsResult
€167,665 ▲ 319%
The result rose in 2025 from €39,992 to €167,665.
Turnover
≈ €95,000 estimated
The accounts state no turnover.
Investments
€1,766 3.5 × depreciation
Green is investment, beige is depreciation.
Liquidity
7.42 was 1.91 in 2024
Short-term debts fell from €174,082 to €30,208.
Position in the sector
92.0%
Higher solvency than 86% of companies in financial services. Sector median 51.0% · 7,180 companies.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0697586980
Change of role: , from manager to director
Director discharge: · General meeting of 26-06-2020 · Gazette deed
Incorporation
Founding capital of €20,000, 10,000 shares · Founder: · Appointment: (statutory manager) · published on 06-06-2018 · Gazette deed
First establishment
Geukenshage 14, Affligem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PINE FOREST Affligem | €375,666 | €19,511 | 92.0% | 0 |
| BODEVU Maldegem | €362,237 | €23,500 | 72.0% | 0 |
| Vesper Deinze | €288,217 | €21,188 | 61.8% | 0 |
| Evert Lissens Boutersem | €452,198 | €12,964 | 41.9% | 0 |
| LAAD Gembloux | €283,079 | €24,257 | 71.4% | 0 |
| CILIMANDER Hamont-Achel | €300,613 | €14,171 | 9.6% | 0 |
| Matibo Maldegem | €424,629 | €28,460 | 77.4% | 0 |
These companies have the same main activity as PINE FOREST: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €283,000 and €452,000, founded between 2017 and 2019.
Official details
Source: KBO- Status
- Active since 04-06-2018Normal situation
- Activity
- Activities of holding companiesNACE 64210
- Establishment unit
- 2.276.358.2871790 Affligem, since 04-06-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2023
Annual accounts 2025
- €375,666▼ 28.9%
- Filing
- Filed on 13-03-2026, 140 days before the end of the filing period
Insights on PINE FOREST
PINE FOREST files the abbreviated format. That format states no turnover. The gross margin rose from -€3,263 in 2018 to €19,511 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PINE FOREST
- What is the company number of PINE FOREST?
- The company number of PINE FOREST is 0697.586.980. The VAT number is the same number with BE in front: BE 0697.586.980.
- Where is PINE FOREST based?
- The registered office is at Geukenshage 14, 1790 Affligem.Company details
- What does PINE FOREST do?
- According to the KBO register, the main activity is activities of holding companies (NACE 64210).
- What is the legal form of PINE FOREST?
- PINE FOREST is a private limited company (BV).
- When was PINE FOREST founded?
- PINE FOREST was founded on 04-06-2018.
- Is PINE FOREST still active?
- Yes, PINE FOREST is an active enterprise in the KBO register.
- What is the turnover of PINE FOREST?
- The turnover in financial year 2025 is ≈ €95,000. This figure is estimated from the gross margin of €19,511 and 54 comparable companies (NACE 64210). It probably lies between €48,000 and €160,000. It is a rough estimate.Financials
- Is PINE FOREST profitable?
- In financial year 2025, PINE FOREST made a profit of €167,665.
- Where can I find the annual accounts of PINE FOREST?
- PINE FOREST filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PINE FOREST due?
- PINE FOREST must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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