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PINE TREE

Active
Foreign entityfounded 2007active for 19 yearsSENTIER DE BRICHERHOF 24, L-1262 Luxembourg, LuxembourgKBO/BCE: BE 0888.849.996
Summary

PINE TREE has the legal form “Foreign entity” in the KBO; Checked does not compute a bankruptcy probability for it. The latest annual accounts of PINE TREE were filed more than 90 days after the deadline. The 2018 annual accounts show equity of €7.4m and a net result of €49,619. The company has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known
Size
€7.7mtotal assets 2018
Equity
€7.4m
Profit
€49,619
Turnover not published (abbreviated format)
Financial health
2018 figures too old to scoreBankruptcy probability: legal form outside the model
Structure
2019 accounts not filed, 2277 days past the deadline4 deeds in the Belgian Official Gazette
Signalsraises risk2018 accounts filed 148 days lateneutralNo filing for yearsShow the evidence

Checked score

No current score
Figures too old
The available figures for FY 2018 are too old to assess current financial health.
Filing: Filed more than 90 days late
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2018
Strong
Solvency 100
equity 95.4% of total assets
Liquidity 72
short-term debt 4.5% · cash 17.3%
Profitability 39
return on assets 0.6%
Bankruptcy probability, 12 months

The KBO gives the legal form as “Foreign entity”. We show no bankruptcy probability for it: the model is built on companies and gives no reliable figure for this form.

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Signals

Two signals.
raises riskneutral
neutral · No filing for years
The last filed financial year closed on 31-12-2018. Since then, 7 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
31-12-2019 year end31-07-2020 deadline25-10-2026 today
raises risk · 2018 accounts filed 148 days late
The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 26-12-2019, 148 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filings

The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2018 · abbreviated…
  2. Annual accounts filedfinancial year 2017 · abbreviated…
  3. Annual accounts filedfinancial year 2016 · abbreviated…

Financials · financial year 2018, abbreviated format

2019 annual accounts not yet filed, deadline passed on 31 July 2020 Financial year closed on 31 December 2019; filing due at the latest 7 months after the close (Companies Code art. 3:10). 7 financial years without a filing since the last one filed. Source: NBB filings, as of 25 October 2026.

Equity
€7.4m
Total assets
€7.7m
Net result
€49,619
Working capital
€7.4m

Turnover and EBIT margin not published: the abbreviated format does not require them.

Balance-sheet composition
Equity and liabilities €7.7m
Equity €7.4m
Debt €353,956
Debt finances 4.6% of the balance-sheet total.
Key figures and ratios
2018 value
Current ratio
22.13
ROE
0.7%
ROA
0.6%
Debt ≤ 1 year
€348,956
Income taxes
-€4,445
Annual accounts
Filed annual accounts As filed with the NBB · 2018 · 21 lines
Balance sheet Code2018
Assets
Total assets20/58€7.7m
Current assets29/58€7.7m
Amounts receivable within one year40/41€0.09m
Current investments50/53€4.2m
Cash at bank and in hand54/58€1.3m
Equity and liabilities
Total equity and liabilities10/49€7.7m
Equity10/15€7.4m
Contributions10/11€0.1m
Reserves13€0.8m
Profit (loss) carried forward14€6.5m
Amounts payable17/49€0.4m
Amounts payable within one year42/48€0.3m
Trade debts44€0.001m
Income statement Code2018
Gross operating margin9900-€0.05m
Operating profit (loss)9901-€0.05m
Recurring financial income75€0.2m
Recurring financial charges65€0.09m
Profit (loss) for the period before taxes9903€0.05m
Income taxes67/77-€0.004m
Profit (loss) for the period9904€0.05m
Profit (loss) for the period to be appropriated9905€0.05m
Line2018
Gross operating margin9900-€47,900
Operating profit (loss)9901-€48,864
Recurring financial income75€185,904
Recurring financial charges65€91,866
Profit (loss) for the period before taxes9903€45,174
Income taxes67/77-€4,445
Profit (loss) for the period9904€49,619
Profit (loss) for the period to be appropriated9905€49,619
Line2018
Assets
Total assets20/58€7.7m
Current assets29/58€7.7m
Amounts receivable within one year40/41€0.09m
Current investments50/53€4.2m
Cash at bank and in hand54/58€1.3m
Equity and liabilities
Total equity and liabilities10/49€7.7m
Equity10/15€7.4m
Contributions10/11€0.1m
Reserves13€0.8m
Profit (loss) carried forward14€6.5m
Amounts payable17/49€0.4m
Amounts payable within one year42/48€0.3m
Trade debts44€0.001m
Line2018
Profit (loss) for the period9904€49,619
Operating cash flow (approximation)€49,619

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 12 filings with the National Bank
Financial year Type Filed Reference
31-12-2018 abbreviated format 26-12-2019 2019-77700289
31-12-2017 abbreviated format 31-08-2018 2018-61000338
31-12-2016 abbreviated format 28-09-2017 2017-64700299
31-12-2015 abbreviated format 29-09-2016 2016-63300309
31-12-2014 abbreviated format 29-09-2015 2015-62100528
31-12-2013 abbreviated format 25-08-2014 2014-47500185
31-12-2012 abbreviated format 13-11-2013 2013-66100563
31-12-2011 abbreviated format 30-08-2012 2012-50900108
31-12-2010 abbreviated format 30-08-2011 2011-50100508
31-12-2009 abbreviated format 03-05-2011 2011-10200486

Show all 12 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 4 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

PINE TREE was incorporated on 18 April 2007.1 The company has filed 12 sets of annual accounts, the latest for financial year 2018.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018

Acts, filings and financial milestones

2019
26-12
NBB filing Annual accounts filed
financial year 2018 · abbreviated format · 148 days late
2018
31-08
NBB filing Annual accounts filed
financial year 2017 · abbreviated format · 31 days late
2017
28-09
NBB filing Annual accounts filed
financial year 2016 · abbreviated format · 59 days late
2016
29-09
NBB filing Annual accounts filed
financial year 2015 · abbreviated format · 60 days late
2015
29-09
NBB filing Annual accounts filed
financial year 2014 · abbreviated format · 60 days late
2014
25-08
NBB filing Annual accounts filed
financial year 2013 · abbreviated format · 25 days late
2013
13-11
NBB filing Annual accounts filed
financial year 2012 · abbreviated format · 105 days late
2012
30-08
NBB filing Annual accounts filed
financial year 2011 · abbreviated format · 30 days late
2011
30-08
NBB filing Annual accounts filed
financial year 2010 · abbreviated format · 30 days late
03-05
NBB filing Annual accounts filed
financial year 2009 · abbreviated format · 276 days late
NBB filingOf the 12 annual accounts filed, the latest 10 are here; all 12 are under Financials.
0 of 4 deeds read
About the unread acts

We know of 4 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formForeign entity
Founded18-04-2007
Financial year end31-12
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

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Register as of 25 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.