PINNACOLLADA
ActiveFinancials · financial year 2026, abbreviated format
Annual accounts 2026 filed on 29-10-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2026 is 182% higher than in 2025.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
| Line | 2025 | 2026 | Change |
|---|---|---|---|
| Other operating charges640/8 | €834 | €462 | ▼ 44.6% |
| Gross operating margin9900 | €160,803 | €452,011 | ▲ 181% |
| Operating profit (loss)9901 | €159,969 | €451,550 | ▲ 182% |
| Financial income75/76B | €16 | €1 | ▼ 96.7% |
| Recurring financial income75 | €16 | €1 | ▼ 96.7% |
| Financial charges65/66B | €20,112 | €23,869 | ▲ 18.7% |
| Recurring financial charges65 | €20,112 | €23,869 | ▲ 18.7% |
| Profit (loss) for the period before taxes9903 | €139,873 | €427,681 | ▲ 206% |
| Income taxes67/77 | €40,033 | €131,861 | ▲ 229% |
| Profit (loss) for the period9904 | €99,840 | €295,820 | ▲ 196% |
| Profit (loss) for the period to be appropriated9905 | €99,840 | €295,820 | ▲ 196% |
| Line | 2025 | 2026 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €1.3m | €0.6m | ▼ 53.6% |
| Current assets29/58 | €1.3m | €0.6m | ▼ 53.6% |
| Stocks and contracts in progress3 | €0.2m | - | - |
| Stocks30/36 | €0.2m | - | - |
| Cash at bank and in hand54/58 | €1.1m | €0.6m | ▼ 44.7% |
| Deferred charges and accrued income490/1 | €0.003m | - | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €1.3m | €0.6m | ▼ 53.6% |
| Equity10/15 | €0.1m | €0.4m | ▲ 212% |
| Contributions10/11 | €0.04m | €0.04m | = |
| Reserves13 | €0.1m | €0.4m | ▲ 296% |
| Distributable reserves133 | €0.1m | €0.4m | ▲ 296% |
| Amounts payable17/49 | €1.1m | €0.2m | ▼ 86.4% |
| Amounts payable within one year42/48 | €1.1m | €0.1m | ▼ 88.0% |
| Trade debts44 | €0.2m | €0.002m | ▼ 99.1% |
| Suppliers440/4 | €0.2m | €0.002m | ▼ 99.1% |
| Advances received on contracts in progress46 | €0.4m | - | - |
| Taxes, remuneration and social security45 | €0.1m | €0.1m | ▲ 26.9% |
| Taxes450/3 | €0.1m | €0.1m | ▲ 26.9% |
| Other amounts payable47/48 | €0.5m | €146 | ▼ 100.0% |
| Accrued charges and deferred income492/3 | - | €0.02m | - |
| Line | 2025 | 2026 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €99,840 | €295,820 | ▲ 196% |
| Operating cash flow (approximation) | €99,840 | €295,820 | ▲ 196% |
| Change in cash | - | -€476,204 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 3,127 companies had the same profile as PINNACOLLADA has now. Two years later, 97.2% were still going and 0.8% had gone bankrupt.
- Small
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of PINNACOLLADA itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 3,127 companies, not a prediction for PINNACOLLADA. 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.