Summary
PINO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €266k and a net result of €16k. Equity is growing by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 81% of 8023 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
6 d early
2023
28 d late
2022
10 d late
2021
3 d early
2020
30 d late
2019
27 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€266k▲ 6.6%
2024 · €250k
2018: €70k
2019: €134k
2020: €222k
2021: €268k
2022: €272k
2023: €255k
2024: €250k
2018 → 2025
Net result
€16k▼ 3.4%
2024 · €17k
2018: €31k
2019: €64k
2020: €88k
2021: €46k
2022: €26k
2023: €7k
2024: €17k
2018 → 2025
Total assets
€318k▲ 10.4%
2024 · €288k
2018: €119k
2019: €176k
2020: €273k
2021: €323k
2022: €307k
2023: €310k
2024: €288k
2018 → 2025
Solvency
83.6%▼ 3.0pp
2024 · 86.6%
2018: 59.4%
2019: 76.4%
2020: 81.2%
2021: 83.0%
2022: 88.7%
2023: 82.1%
2024: 86.6%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€268k-€272k▲ 1.6%€255k▼ 6.4%€250k▼ 2.1%€266k▲ 6.6%
Operating result€71k-€55k▼ 22.8%€3k▼ 95.3%€32k▲ 1,147%€33k▲ 3.5%
Net result€46k-€26k▼ 42.6%€7k▼ 74.5%€17k▲ 154%€16k▼ 3.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 4% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €318k
Fixed assets
€13k ▲ 4.0%
Current assets
€305k ▲ 10.7%
Equity and liabilities €318k
Equity
€266k ▲ 6.6%
Debt
€52k ▲ 34.7%
Debt's share of the balance-sheet total rises from 13.4% to 16.4%. Equity and debt are higher.
Key figures and ratios
ROE
6.2%▼
2024 · 6.8%
ROA
5.2%▼
2024 · 5.9%
Debt ≤ 1 year
€52k▲
2024 · €39k
Income taxes
€13k▲
2024 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€288k€318k▲
Fixed assets21/28€12k€13k▲
Tangible fixed assets22/27€12k€13k▲
Plant, machinery and equipment23€725€396▼
Furniture and vehicles24€5k€7k▲
Other tangible fixed assets26€7k€6k▼
Current assets29/58€276k€305k▲
Amounts receivable within one year40/41€39k€24k▼
Trade receivables40€19k€21k▲
Other amounts receivable41€21k€3k▼
Current investments50/53€131k€134k▲
Cash at bank and in hand54/58€77k€127k▲
Deferred charges and accrued income490/1€28k€20k▼
Equity and liabilities
Total equity and liabilities10/49€288k€318k▲
Equity10/15€250k€266k▲
Contributions10/11€1k€1k=
Reserves13€248k€264k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€248k€264k▲
Profit (loss) carried forward14€963€963=
Amounts payable17/49€39k€52k▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€39k€52k▲
Current portion of amounts payable after more than one year42€3k€0▼
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€11k€15k▲
Taxes450/3€9k€13k▲
Remuneration and social security454/9€2k€2k▼
Other amounts payable47/48€22k€34k▲
Accrued charges and deferred income492/3€0€200▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€6k▼
Other operating charges640/8€822€912▲
Gross operating margin9900€41k€40k▼
Operating profit (loss)9901€32k€33k▲
Financial income75/76B€733€2k▲
Recurring financial income75€733€2k▲
Financial charges65/66B€4k€6k▲
Recurring financial charges65€4k€6k▲
Profit (loss) for the period before taxes9903€29k€29k▲
Income taxes67/77€12k€13k▲
Profit (loss) for the period9904€17k€16k▼
Profit (loss) for the period to be appropriated9905€17k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€18k€17k▼
Profit (loss) brought forward from the previous period14P€963€963=
Transfer from equity791/2€22k€0▼
Transfer to equity691/2€17k€16k▼
To other reserves6921€17k€16k▼
Profit to be distributed694/7€22k€0▼
Return on contributions (dividend)694€22k€0▼
The notes to these accounts (7 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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Weakest financial yearnet €7k ▼74.5%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 10 days late
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
31-12
Financial
Highest result since 2018net €88k ▲37.5%
Operating result €126k, net result €88k, both a record.
31-12
Financial
Equity above €200kEq €222k ▲65.4%
3 profitable years in a row build equity to €222k.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 27 days late
2019
31-12
Financial
Equity above €100kEq €134k ▲90.6%
2 profitable years in a row build equity to €134k.
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 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, Tessenderlo-Ham · 1 establishment unit since 2012
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.
Rodenberg 113980 Tessenderlo-HamGround area
3,474 m²
Building footprint
187 m²
Volume, LiDAR
1,454 m³
Parcel 71364D0941/00F002, Flanders · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Pino
since 20122.214.265.718
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71364D0941/00F002 | Flanders | 3,474 m² | 1 · 187 m² | 10.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DELI ONE
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REALWIZE
BE 0771.464.160
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PHILIPPE MISSOUL
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NINA
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 13,694 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formLimited partnership
Founded01-07-2012
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
64999Other financial services
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.