PINNOCK AUTOMATIONS
ActiveThe computed 12-month bankruptcy probability of PINNOCK AUTOMATIONS is 1.9% (moderate). The 2025 annual accounts show equity of €80k and a net result of €9k. Equity is growing by ~12.7% per year across the filed fiscal years. Its solvency ranks better than 47% of 27787 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-1
Solvency69▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.43 against 1.53 in 2024; short-term debt: 55.9% and cash: 2.3% of total assets), and 55.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
44.1%
Return on assets
4.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
30 d late
2022
30 d late
2021
30 d late
2020
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€80k▲ 11.9%
2024 · €71k
2020: €22k
2021: €54k
2022: €62k
2023: €63k
2024: €71k
2020 → 2025
Total assets
€181k▲ 20.8%
2024 · €150k
2020: €91k
2021: €131k
2022: €134k
2023: €131k
2024: €150k
2020 → 2025
Net result
€9k▲ 0.7%
2024 · €8k
2020: €2k
2021: €32k
2022: €8k
2023: €844
2024: €8k
2020 → 2025
Working capital
€44k▲ 4.9%
2024 · €42k
2020: €-2k
2021: €37k
2022: €48k
2023: €40k
2024: €42k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€54k-€62k▲ 15.9%€63k▲ 1.4%€71k▲ 13.4%€80k▲ 11.9%
Operating result€42k-€16k▼ 61.4%€1k▼ 92.0%€13k▲ 898%€12k▼ 9.5%
Net result€32k-€8k▼ 73.5%€844▼ 90.1%€8k▲ 902%€9k▲ 0.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €181k
Fixed assets
€36k▲ 21.7%
Current assets
€145k▲ 20.6%
Equity and liabilities €181k
Equity
€80k▲ 11.9%
Debt
€101k▲ 28.9%
The debt ratio rises from 52.4% to 55.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€23k▲
2024 · €22k
Cash flow
€20k▲
2024 · €17k
Solvency
44.1%▼
2024 · 47.6%
Current ratio
1.43▼
2024 · 1.53
Quick ratio
0.39▼
2024 · 0.60
Debt / equity
1.27▲
2024 · 1.10
ROE
10.7%▼
2024 · 11.9%
ROA
4.7%▼
2024 · 5.6%
Interest coverage
174.03▲
2024 · 138.65
Debt
€101k▲
2024 · €79k
Debt ≤ 1 year
€101k▲
2024 · €79k
Income taxes
€3k▼
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€150k€181k▲
Fixed assets21/28€30k€36k▲
Tangible fixed assets22/27€30k€36k▲
Plant, machinery and equipment23€26k€31k▲
Furniture and vehicles24€4k€3k▼
Other tangible fixed assets26€20€2k▲
Current assets29/58€120k€145k▲
Stocks and contracts in progress3€73k€105k▲
Contracts in progress37€73k€105k▲
Amounts receivable within one year40/41€3k€33k▲
Trade receivables40€3k€32k▲
Other amounts receivable41€35€902▲
Cash at bank and in hand54/58€42k€4k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€150k€181k▲
Equity10/15€71k€80k▲
Contributions10/11€20k€20k=
Reserves13€41k€50k▲
Distributable reserves133€41k€50k▲
Profit (loss) carried forward14€10k€10k=
Amounts payable17/49€79k€101k▲
Amounts payable within one year42/48€79k€101k▲
Current portion of amounts payable after more than one year42€45k€45k=
Trade debts44€3k€25k▲
Suppliers440/4€3k€25k▲
Taxes, remuneration and social security45€11k€2k▼
Taxes450/3€11k€2k▼
Other amounts payable47/48€19k€29k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€11k▲
Other operating charges640/8€387€2k▲
Non-recurring operating charges66A€2k-
Gross operating margin9900€24k€25k▲
Operating profit (loss)9901€13k€12k▼
Financial income75/76B€68€285▲
Recurring financial income75€68€285▲
Financial charges65/66B€156€133▼
Recurring financial charges65€156€133▼
Profit (loss) for the period before taxes9903€13k€12k▼
Income taxes67/77€4k€3k▼
Profit (loss) for the period9904€8k€9k▲
Profit (loss) for the period to be appropriated9905€8k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€18k€18k▲
Profit (loss) brought forward from the previous period14P€10k€10k=
Transfer to equity691/2€8k€9k▲
To other reserves6921€8k€9k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €844 ▼90.1%
Net result drops to €844, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Highest result since 2020net €32k ▲2014%
Operating result €42k, net result €32k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Londerzeel · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bergkapelstraat 631840 LonderzeelGround area
4,608 m²
Building footprint
343 m²
Volume, LiDAR
818 m³
2 parcels, Flanders · tallest building 6.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Pinnock Automations
since 20192.291.986.373
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23045D0579/00E000 | Flanders | 4,045 m² | 1 · 210 m² | 6.9 m · 1 fl. |
| 23045E0047/02A002 | Flanders | 563 m² | 1 · 133 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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BE 0779.720.246
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Netlink.be
BE 0802.560.281
Gent · Eq €80k
WEB BUSINESS SOLUTION
BE 0843.423.908
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Autolektro
BE 0661.770.127
Torhout · Eq €80k
Of 22,826 companies in sector 43211 we hold annual accounts for 10,328. 8,802 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-08-2019
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.