Checked.be
Active
BE 0632.989.435Private limited company
Pinot
Vrijdagmarkt 21 ·2000 Antwerpen, Belgium· 11 yrs active
Sector: Cafés and bars
(56301)
Conclusion
Pinot has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €91k and a net result of €30k. Equity is growing by ~16.9% per year across the filed fiscal years. Its solvency ranks better than 76% of 12499 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €91k |
| Net result | €30k |
| Staff (FTE) | 1.8 |
| Better than sector | 76% |
Financial profile
90
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
98
Profitability
100
Solvency
99
Growth
52
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Established
Founded in 2015, 11 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
98
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€9k
estimate, not credit advice
Score history
93
2021
93
2022
100
2023
90
2024
98
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 2.43 (≥ 1.5)
+10
Quick ratio
Quick ratio 2.25 (≥ 1.0)
+5
Leverage
Debt/equity 0.62 (< 1.0)
+10
Profitability
ROE 33% (≥ 10%)
+10
Interest coverage
Interest coverage 18.7× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 04-06-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~16.9%/year over 5 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 56, Food and beverage service activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 61.6% | 30.5% | |
| Net result | €30k | €5k | |
| Equity | €91k | €30k | |
| Gross operating margin | €128k | €62k | |
| Staff costs | €79k | €56k |
€43k
+25.7%
21-25
€30k
+35.5%
21-25
€33k
+28.3%
21-25
€148k
-2.0%
21-25
€91k
-12.0%
21-25
€81k
-12.7%
21-25
2
+20.0%
21-25
€79k
-1.9%
21-25
€8k
+21.5%
21-25
€43k
+50.0%
21-25
€57k
+19.8%
21-25
€57k
+19.8%
21-25
2.43
-18.0%
21-25
2.25
-19.5%
21-25
61.6%
-10.2%
21-25
0.62
+36.2%
21-25
33.3%
+54.0%
21-25
20.5%
+38.3%
21-25
18.73
+17.4%
21-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €43k | €35k | €54k | €52k | €44k |
| Net profit | €30k | €22k | €38k | €38k | €40k |
| Cash flow | €33k | €26k | €41k | €40k | €42k |
| Staff costs | €79k | €81k | €62k | €52k | €30k |
| Income taxes | €8k | €6k | €10k | €10k | €2k |
| Dividends | €43k | €29k | - | €21k | €14k |
| Total assets | €148k | €151k | €143k | €128k | €97k |
| Equity | €91k | €104k | €110k | €72k | €55k |
| Debt | €57k | €48k | €33k | €56k | €41k |
| of which ≤ 1y | €57k | €48k | €33k | €56k | €41k |
| of which > 1y | - | - | - | - | - |
| Working capital | €81k | €93k | €96k | €60k | €41k |
| Employees (FTE) | 1.8 | 1.5 | 1.2 | 1.6 | 1.2 |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 2.43 | 2.96 | 3.92 | 2.07 | 1.99 |
| Quick ratio | 2.25 | 2.80 | 3.72 | 1.93 | 1.87 |
| Working capital ratio | 54.8% | 61.5% | 67.0% | 47.0% | 42.5% |
| Solvency | 61.6% | 68.6% | 77.0% | 56.1% | 57.2% |
| Debt / equity | 0.62 | 0.46 | 0.30 | 0.78 | 0.75 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | 18.73 | 15.95 | 30.52 | 35.30 | 51.97 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 20.5% | 14.8% | 26.9% | 29.6% | 40.9% |
| ROE | 33.3% | 21.6% | 34.9% | 52.8% | 71.6% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (25 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €148k | €151k | €143k | €128k | €97k |
| Fixed assets | 21/28 | €10k | €11k | €14k | €12k | €14k |
| Intangible fixed assets | 21 | €0 | €875 | €3k | €4k | €6k |
| Tangible fixed assets | 22/27 | €5k | €5k | €7k | €3k | €4k |
| Financial fixed assets | 28 | €5k | €5k | €5k | €4k | €4k |
| Current assets | 29/58 | €138k | €141k | €128k | €116k | €82k |
| Stocks & contracts in progress | 3 | €10k | €8k | €7k | €8k | €5k |
| Amounts receivable within one year | 40/41 | €2k | €2k | €726 | €49 | €3k |
| Cash & bank | 54/58 | €126k | €128k | €119k | €106k | €74k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €148k | €151k | €143k | €128k | €97k |
| Equity | 10/15 | €91k | €104k | €110k | €72k | €55k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k | €19k |
| Reserves | 13 | €73k | €85k | €91k | €53k | €37k |
| Accumulated profits (losses) | 14 | €0 | - | - | - | - |
| Amounts payable | 17/49 | €57k | €48k | €33k | €56k | €41k |
| Amounts payable within one year | 42/48 | €57k | €48k | €33k | €56k | €41k |
| Trade debts payable within one year | 44 | €3k | €6k | €4k | €3k | €7k |
| Income statement | ||||||
| Gross operating margin | 9900 | €128k | €117k | €119k | €107k | €77k |
| Operating result | 9901 | €40k | €31k | €51k | €50k | €42k |
| Financial income | 75 | €1 | €4 | €3 | €25 | - |
| Financial charges | 65 | €2k | €2k | €2k | €1k | €856 |
| Result before taxes | 9903 | €38k | €29k | €49k | €48k | €41k |
| Income taxes | 67/77 | €8k | €6k | €10k | €10k | €2k |
| Net result for the period | 9904 | €30k | €22k | €38k | €38k | €40k |
| Result to be appropriated | 9905 | €30k | €22k | €38k | €38k | €40k |
Legal Structure
| NACE primary | Cafés and bars(56301) |
| Legal form | Private limited company(610) |
| Incorporation | 02-07-2015 |
| Status | Active |
| Postal code | 2000 |
Establishment units
Pinot
since 20152.243.400.063
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11804D0544/00D000 | Flanders | 71 m² | 1 · 62 m² | 15.6 m · 5 fl. |
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.
Updates
Next filing, fiscal year 2026, expected by
2026
04-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €22k ▼41.6%
Net result drops to €22k, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €110k ▲53.6%
3 profitable years in a row build equity to €110k.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Cafés and bars56301
Names & trade names
| Legal nameNL | Pinot |
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