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PINOCCHIO

Active
Private limited companyfounded 198937 yrs activeVlaanderenstraat 9, 9000 Gent, BelgiumKBO/BCE: BE 0437.126.243
Summary

PINOCCHIO has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€5,680) and a net result of €23,010. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 4059 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

What they do
Full-service restaurants
NACE 56111NACE 55301Full-service restaurants NACE 56101
1 site
How big
€53,695total assets 2025
Staff
2.4 FTE
Equity
-€5,680
Profit
€23,010
Turnover not published (abridged schema)
Financially healthy?
59 Fair Checked score 2025
Bankruptcy chance 12 m
1.2%
Who decides
Accounts filed 61 d late0 of 4 deeds read
Why 59- Higher-failure-rate sector- Annual accounts: weaker financial profile- Weak solvency vs sector+ Long track recordFiled after the deadlineShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency14▲+14
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.61 against 0.31 in 2024; short-term debt: 110.6% and cash: 42.7% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 37 years 0 40 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-10.6%
Return on assets
42.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 4059 sector peers (2025).
NBB · sector comparison
Position among 4059 sector peers
Solvency
better than 19%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 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 · 10 filings
Deviation from the deadline
2025
61 d late
2024
30 d late
2023
54 d early
2022
26 d early
2021
28 d late
2020
29 d late
2019
24 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 13 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

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. Usually files around 28 August (4 of the last 5 filed years within 54 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Back to profitnet €23,010
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€5,680 View
  • Positive: Back in profit in 2025after -€43,875 in 2024 €23,010 View
  • Caution: Among the weakest 19% on solvencysector median 29.8% · 4,059 companies -10.6% View
  • Caution: Latest accounts filed lateafter the legal deadline 61 d View

By topic

Financials

Fiscal year
2025
Total assets
€53,695
Profit
€23,010
Solvency
-10.6%
Total assets▲ 10.4%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 30-09-2026Annual accounts filed
  2. 31-12-2025Back to profit
  3. 30-08-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Full-service restaurantsNACE 56111
Founded
07-04-1989
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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