PINO
InactivePINO was declared bankrupt on 04-05-2023 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 22-10-2024, published in the Belgian State Gazette on 30-10-2024.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 4 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline22-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 06-07-2021, 25 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
25 d early
2019
61 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Turnover
€4k▼ 72.7%
2019 · €14k
2018: €143k
2019: €14k
2018 → 2020
EBIT margin
7.2%▼ 55.4pp
2019 · 62.6%
2018: 16.4%
2019: 62.6%
2018 → 2020
Net result
€282▼ 96.5%
2019 · €8k
2018: €20k
2019: €8k
2018 → 2020
Working capital
€13k▲ 678%
2018 · €2k
2018: €2k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Turnover€143k-€14k▼ 89.9%€4k▼ 72.7%
Equity€4k-€12k▲ 184%€13k▲ 2.3%
Operating result€24k-€9k▼ 61.5%€285▼ 96.9%
Net result€20k-€8k▼ 60.3%€282▼ 96.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2020 is 97% below 2019 and is the lowest result in the available series.
Balance-sheet composition
Equity and liabilities €13k
Equity
€13k
Debt
€286
Debt finances 2.2% of the balance-sheet total.
Key figures and ratios
Solvency
97.8%▼
2019 · 100.0%
Current ratio
45.59
Quick ratio
45.59
ROE
2.2%▼
2019 · 64.8%
ROA
2.2%▼
2019 · 64.8%
Debt
€286
Debt ≤ 1 year
€286
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 · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€12k€13k▲
Current assets29/58€12k€13k▲
Amounts receivable within one year40/41-€378
Cash at bank and in hand54/58€12k€13k▲
Equity and liabilities
Total equity and liabilities10/49€12k€13k▲
Equity10/15€12k€13k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-6k€-6k▲
Amounts payable17/49-€286
Amounts payable within one year42/48-€286
Income statement
Code20192020
Turnover70€14k€4k▼
Gross operating margin9900€16k€962▼
Operating profit (loss)9901€9k€285▼
Recurring financial charges65€968€3▼
Profit (loss) for the period before taxes9903€8k€282▼
Profit (loss) for the period9904€8k€282▼
Profit (loss) for the period to be appropriated9905€8k€282▼
Timeline · acts, filings and financial milestones
2024
30-10
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · PINO BV WEERSTANDLAAN 19, 2660 HOBOKEN (ANTWERPEN) · event 22-10-2024
2023
10-05
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · PINO BV WEERSTAND- LAAN 19, 2660 HOBOKEN (ANTWERPEN) · event 04-05-2023
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €282 ▼96.5%
Net result drops to €282, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 317 days late
2018
03-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 34 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GUY VANHOUCKE ANSELMOSTRAAT 2,
2018 ANTWERPEN 1 |
04-05-2023 → present |