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PINGA GROUP

Active Private limited companyfounded 2017active for 9 yearsGustaaf Callierlaan 56, 9000 GhentKBO/BCE: BE 0671.822.295

Lifetime

8 annual accounts with figures on one time axis
peak €504,598 (2025)
€504,598▲ 62.1%
peak €457,312 (2025)
€457,312▲ 62.8%
peak €1.3m (2025)
€1.3m▲ 39.6%
€111,627▲ 895%
Board1 name since 2017
1 directorMpotos Nicolas
Documentsfilings and deeds
19-08-202619 days late
2025micro format
Gross margin from €311,269 to €504,598Result from €280,918 to €457,312Dividend €100,000Equity from €902,089 to €1.3mDebts from €11,217 to €111,627Investments €159,131

Key points

from the 2025 annual accounts

Equity

€1.3m ▲ 39.6%

PINGA GROUP has made a profit in every financial year since 2018.

Result

€457,312 ▲ 62.8%
€281,0002024€457,0002025

The result rose in 2025 from €280,918 to €457,312.

Debts

€111,627 ▲ 895%
Suppliers
+23,998
Taxes and wages
+1,936
The rest
+74,476

Debts rose by €100,410 in 2025.

Investments

€159,131 5.1 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Filings

8 annual accounts 6 late
AprilJune31 JulyOctober20202025

The 2021 accounts came latest: 26 days after the end of the period.

Position in the sector

€457,312

Higher net result than 95% of companies in education. Sector median €7,281 · 2,614 companies.

Checked score

99
Excellent
Financially stronger than 89% of micro companies in education (NACE 85)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 3,825 companies (NACE 85, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: 0.1%▲ +0.1 percentage points vs 07-2025 09-2025: < 0.1%▼ -0.1 percentage points vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026highest value 09-2026: < 0.1%▼ -0.1 percentage points vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

100=equity 91.9% of total assets
100+43short-term debt 2.7% · cash 62.5%
100=return on assets 33.4%

Score breakdown

lowers risk
Liquidity: current ratio 30.44, cash €857,217
Sector: Education (NACE 85)
Size: total assets €1.4m
Equity €1.3m (91.9% of total assets)
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 85, micro). It does better than 88% of them on solvency, 97% on liquidity, 90% on profitability and 80% on growth.

The bankruptcy probability was computed on 08-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 6,782 companies had the same profile as PINGA GROUP has now. Each dot stands for 17 companies, two years later.

96.7%
were still trading
2.7%
stopped another way
0.6%
went bankrupt
  • Small
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of PINGA GROUP itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 6,782 companies, not a prediction for PINGA GROUP. 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.

Credit verdict

Credit of up to €120,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 30.44 (73.45 in 2024), above the usual 1.5. Short-term debt is 2.7% and cash 62.5% of total assets. 8.1% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 30.44, cash €857,217
NBB · annual accounts
lowers risk · Sector: Education (NACE 85)
KBO
lowers risk · Size: total assets €1.4m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €1.3m (91.9% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 19 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 8 filings
Deviation from the deadline
2025
19 days late
2024
13 days late
2023
36 days early
2022
42 days early
2021
26 days late
2020
13 days late
2019
21 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 2 days after the deadline. In the sector (NACE 85), the median for financial year 2024 was 16 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 August (4 of the last 5 accounts filed within 48 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

MN
Director, since 24-02-2017
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0671822295
Amendment of the articles · Legal-form change · Resignations & appointments Board composition: MPOTOS Nicolas (director (not named in the articles)) · General meeting of 22-06-2023 · Gazette deed
Incorporation published on 28-02-2017 · Gazette deed
First establishment Gustaaf Callierlaan 56, Ghent
All 22 events

Comparable companies

same main activity, similar in size and age
Company
PINGA GROUP Ghent €1.4m €504,598 91.9% -
Co-Valent Schaerbeek €0.8m €773,963 - 6.6
UNA Europa Brussels €1.5m €757,418 69.2% 9
DHONDT EQUESTRIAN AND RECYCLING PROJECTS Tielt €2.6m €383,676 64.8% -
OPTIBI Ghent €1.0m €963,851 33.5% 11.1
Spinoza Uccle €0.9m €190,118 76.9% -
Het Bijlesbureau Dilbeek €0.9m €188,424 48.6% -

These companies have the same main activity as PINGA GROUP: other educational support services (NACE 85699). They are comparable in size and age: total assets between €782,000 and €2.6m, founded between 2013 and 2019.

Official details

Source: KBO
Status
Active since 24-02-2017Normal situation
Activity
Other educational support servicesNACE 85699and 4 others
Establishment unit
2.261.953.8869000 Ghent, since 24-02-2017
Financial year end
31 December
Peppol
Reachable since 02-12-2023
Company details

Annual accounts 2025

≈ €760,000estimated
€1.4m▲ 50.1%
Filing
Filed on 19-08-2026
Financials

Insights on PINGA GROUP

PINGA GROUP files the micro format. That format states no turnover. The gross margin rose from €61,922 in 2018 to €504,598 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 PINGA GROUP

What is the company number of PINGA GROUP?
The company number of PINGA GROUP is 0671.822.295. The VAT number is the same number with BE in front: BE 0671.822.295.
Where is PINGA GROUP based?
The registered office is at Gustaaf Callierlaan 56, 9000 Ghent.Company details
What does PINGA GROUP do?
According to the KBO register, the main activity is other educational support services (NACE 85699).
What is the legal form of PINGA GROUP?
PINGA GROUP is a private limited company (BV).
When was PINGA GROUP founded?
PINGA GROUP was founded on 24-02-2017.
Is PINGA GROUP still active?
Yes, PINGA GROUP is an active enterprise in the KBO register.
What is the turnover of PINGA GROUP?
The turnover in financial year 2025 is ≈ €760,000. This figure is estimated from the gross margin of €504,598 and 37 comparable companies (NACE 85). It probably lies between €540,000 and €1.2m.Financials
Is PINGA GROUP profitable?
In financial year 2025, PINGA GROUP made a profit of €457,312.
Where can I find the annual accounts of PINGA GROUP?
PINGA GROUP filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PINGA GROUP due?
PINGA GROUP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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