Pinfosys
ActiveSummary
Pinfosys has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €180,861 and a net result of -€2,662. Equity has been growing by about 42% per year since 2022. Its solvency ranks better than 88% of 21,148 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 29-06-2022 Normal situation
- Activity
- Computer consultancy and computer facilities management NACE 62200and 2 others
- Establishment unit
- 2.332.872.764 3070 Kortenberg, since 01-07-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 20-02-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- -€2,383
- Loss
- €2,662
- Equity
- €180,861
- ▼ 1.5%
- Total assets
- €201,400
- ▼ 10.7%
- 2025 accounts filed 30 days after the deadline
Score breakdownraises risk1 change of registered office in 24 monthslowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 9.90, cash €80,814Equity €180,861 (89.8% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 85% of them on solvency, 96% on liquidity, 14% on profitability and 38% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 4 accounts on average 13 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 30 days after the deadline Filed on 30 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00455782.
Annual accounts 2025 filed on 30-08-2026 at the NBB all 4 filings
2022 to 2025, 4 financial years
The operating result for 2025 is a loss of €4,457, after a profit of €88,703 in 2024. It is the lowest result since 2022.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Investments
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Tangible fixed assets | €782 | €412 | €3,835 | €1,492 |
| Depreciation and write-downs of the year | €114 | €281 | €499 | €1,674 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as Pinfosys: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €186,000 and €218,000, founded between 2021 and 2022.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| Pinfosys Kortenberg | 2022 | €201,400 | €180,861 | -€2,383 | -€2,662 | - | 2025 |
| CARVERIE Rotselaar | 2022 | €199,476 | €185,586 | -€1,573 | -€10,476 | - | 2025 |
| Northwave Belgium Machelen (Brab.) | 2021 | €186,254 | -€399,055 | -€24,513 | -€112,021 | 1.3 | 2025 |
| NOVASPARX Etterbeek | 2022 | €195,661 | €188,888 | -€891 | -€2,336 | - | 2025 |
| MARACUJAS Gent | 2022 | €217,098 | €50,894 | -€5,774 | -€42,055 | - | 2025 |
| Tof Company Anderlecht | 2022 | €185,583 | -€39,848 | -€31,853 | -€100,084 | - | 2025 |
| TeunKey Broadcast Consultants Schilde | 2022 | €218,173 | €124,116 | -€2,656 | -€5,680 | - | 2025 |
They were chosen from the 18,968 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 2,145 companies had the same profile as Pinfosys has now. Two years later, 2.2% had gone bankrupt and 91.7% were still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a small loss
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Pinfosys itself is lower: 0.1% within 12 months. It rests on far more data about Pinfosys than the profile alone.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,145 companies, not a prediction for Pinfosys. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €114 | €281 | €499 | €1,674 | ▲ 236% |
| Other operating charges640/8 | - | - | €555 | €400 | ▼ 28.0% |
| Gross operating margin9900 | €38,114 | €103,066 | €89,757 | -€2,383 | - |
| Operating profit (loss)9901 | €38,001 | €102,786 | €88,703 | -€4,457 | - |
| Financial income75/76B | - | - | €1,580 | €6,023 | ▲ 281% |
| Recurring financial income75 | - | - | €1,580 | €6,023 | ▲ 281% |
| Financial charges65/66B | €26 | €42 | €64 | €4,182 | ▲ 66× |
| Recurring financial charges65 | €26 | €42 | €64 | €4,182 | ▲ 66× |
| Profit (loss) for the period before taxes9903 | €37,974 | €102,743 | €90,218 | -€2,617 | - |
| Income taxes67/77 | €7,744 | €21,196 | €18,474 | €45 | ▼ 99.8% |
| Profit (loss) for the period9904 | €30,230 | €81,547 | €71,744 | -€2,662 | - |
| Profit (loss) for the period to be appropriated9905 | €30,230 | €81,547 | €71,744 | -€2,662 | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €44,569 | €133,387 | €225,571 | €201,400 | ▼ 10.7% |
| Fixed assets21/28 | €668 | €800 | €4,136 | €3,953 | ▼ 4.4% |
| Tangible fixed assets22/27 | €668 | €800 | €4,136 | €3,953 | ▼ 4.4% |
| Plant, machinery and equipment23 | - | €392 | €255 | €117 | ▼ 53.9% |
| Furniture and vehicles24 | €668 | €408 | €3,881 | €2,806 | ▼ 27.7% |
| Other tangible fixed assets26 | - | - | - | €1,030 | - |
| Current assets29/58 | €43,901 | €132,587 | €221,435 | €197,447 | ▼ 10.8% |
| Amounts receivable after more than one year29 | - | - | €125,000 | €105,470 | ▼ 15.6% |
| Other amounts receivable291 | - | - | €125,000 | €105,470 | ▼ 15.6% |
| Amounts receivable within one year40/41 | €14,368 | €12,490 | €7,581 | €10,438 | ▲ 37.7% |
| Trade receivables40 | €13,440 | €12,160 | - | €2,803 | - |
| Other amounts receivable41 | €928 | €330 | €7,581 | €7,635 | ▲ 0.7% |
| Cash at bank and in hand54/58 | €29,533 | €119,605 | €88,312 | €80,814 | ▼ 8.5% |
| Deferred charges and accrued income490/1 | - | €492 | €542 | €724 | ▲ 33.7% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €44,569 | €133,387 | €225,571 | €201,400 | ▼ 10.7% |
| Equity10/15 | €30,231 | €111,778 | €183,522 | €180,861 | ▼ 1.5% |
| Contributions10/11 | €1 | €1 | €1 | €1 | = |
| Reserves13 | - | - | - | €180,860 | - |
| Distributable reserves133 | - | - | - | €180,860 | - |
| Profit (loss) carried forward14 | €30,230 | €111,777 | €183,521 | - | - |
| Amounts payable17/49 | €14,338 | €21,609 | €42,048 | €20,540 | ▼ 51.2% |
| Amounts payable within one year42/48 | €14,338 | €21,609 | €42,048 | €19,946 | ▼ 52.6% |
| Trade debts44 | €594 | €412 | €2,470 | €870 | ▼ 64.8% |
| Suppliers440/4 | €594 | €412 | €2,470 | €870 | ▼ 64.8% |
| Taxes, remuneration and social security45 | €13,744 | €21,196 | €39,578 | €19,076 | ▼ 51.8% |
| Taxes450/3 | €7,744 | €21,196 | €39,578 | €19,076 | ▼ 51.8% |
| Remuneration and social security454/9 | €6,000 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €594 | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €30,230 | €81,547 | €71,744 | -€2,662 | - |
| + Depreciation and write-downs630 | €114 | €281 | €499 | €1,674 | ▲ 236% |
| Operating cash flow (approximation) | €30,344 | €81,828 | €72,243 | -€987 | - |
| Investment in fixed assets (approximation) | - | -€412 | -€3,835 | -€1,492 | ▲ 61.1% |
| Change in cash | - | €90,072 | -€31,293 | -€7,498 | ▲ 76.0% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Owners and capital
Shareholders
- SAHA,Prasenjeet 100 shares (100%) · €1 in cash
Capital transactions
- 27-12-2024 Capital stated in the deed · 100 shares
- 01-07-2022 Incorporation · €1 · 100 shares
Mandate history
- Board
- end not dated
| Name | Functions and periods |
|---|---|
| Saha Pasenjeet |
|
| SAHA,Prasenjeet |
|
Articles of association
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam met WVV-vermeldingen”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Procedure- en expertisekosten voor helft overdrager en helft koper(s),naar evenredigheid aantal bij meerdere kopers, elke overdracht onder…”
deed of 27-12-2024 (in Dutch)
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
deed of 01-07-2022 (in French)
Network & group
Pinfosys shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of Pinfosys. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
27-12
Gazette deed
Amendment of the articlesCapital4 points ▸
- General meeting, “RPR Brussel, PINFOSYS” (deed in Dutch)
- Amendment of the articles
- Capital
- Other provision, “stemming beslissingen” (deed in Dutch)
13-12
Gazette deed
Registered office · Amendment of the articlesRegistered-office move · Power of attorney5 points ▸
- General meeting, 25-11-2024
- Registered-office move, Hoogveldstraat33070Kortenberg
- Amendment of the articles
- Power of attorney
- Power of attorney, Jean-PhilippeClaesen
01-07
Gazette deed
IncorporationStarting capital €1 · Appointment: SAHA,Prasenjeet (director) · Founder · Power of attorney13 points ▸
- Founder, SAHA,Prasenjeet
- Power of attorney, MULLIE Luc
- Incorporation, “Pinfosys” (deed in French)
- Founding capital, €1
- Other provision, 20-04-2022
- Bank account, “société en formation, BE68 7370 6263 20342” (deed in French)
- Capital
- Other provision, “conformément à la loi, effectivité des dispositions finales” (deed in French)
- Registered office clause, “1140 Evere,Avenue Henry Dunant 44 boite 004” (deed in French)
- Other provision, “site internet et adresse électronique, non encore déterminé” (deed in French)
- Board rule, 1, “assemblée” (deed in French)
- Director appointment, SAHA,Prasenjeet (director (not named in the articles))
- The act holds 1 more point.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
6 activities
- Advies, dienstverlening, consultancy en opleiding voor openbare organen of privébedrijven, op het gebied van communicatie, marketing, interne organisatie, bedrijfsprocessen, inkoop en logistiek, administratie, IT-ontwikkeling, webdesign of programmering.
- De ontwikkeling, de creatie, het onderhoud, de herstelling en het beheer van alle IT-systemen (hardware, software, websites, databases, beveiliging).
- Het kopen, verkopen, verhuren, beheren, expertise, verbouwen, renoveren, verkavelen van onroerend goed en, in het algemeen, alle onroerende transacties en promoties van welke aard dan ook, voor eigen rekening of voor rekening van derden, evenals advies, onderzoek, consultancy, expertise en bemiddeling in vastgoed- en verzekeringszaken.
- In het algemeen mag de vennootschap alle commerciële, industriële, financiële, roerende of onroerende verrichtingen voltrekken die een rechtstreeks of onrechtstreeks verband houden met haar voorwerp of welke van die aard zouden zijn dat zij de verwezenlijking van dit voorwerp, rechtstreeks of onrechtstreeks, geheel of ten dele vergemakkelijken.
- Zij kan belangen nemen door associatie, inbreng, fusie, of op gelijk welke andere wijze, in alle vennootschappen, verenigingen of ondernemingen met een gelijklopend of samenhangend voorwerp met het hare of die van aard kunnen zijn de ontwikkeling van haar activiteiten kan bevorderen of dat een economische band met haar heeft.
- Zij kan ook de functies van bestuurder of vereffenaar uitoefenen in andere vennootschappen.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24055A0072/00H002 | Flanders | 1,030 m² | 1 · 109 m² | 8.0 m · 2 |