PINOT3
ActiveSummary
PINOT3 has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €302,120 and a net result of -€14,105. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 69% of 3203 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability30▼-37
Solvency81▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days acceptable
Liquidity short (current ratio 0.39 against 0.4 in 2024; short-term debt: 44.2% and cash: 1.7% of total assets), and 44.2% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€14,105
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 7 filingsDeviation from the deadline
2025
11 d late
2024
3 d early
2023
20 d early
2022
12 d early
2021
20 d early
2020
8 d early
2019
67 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 2 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% 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 19 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€302,120▼ 4.5%
2024 · €316,225
Total assets
€540,976▲ 1.0%
2024 · €535,358
Net result
-€14,105▼ 60.3%
2024 · -€8,797
Working capital
-€146,194▼ 11.3%
2024 · -€131,387
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€33,076€7,146-€4,086-€8,569▼ 110%-€14,269▼ 66.5%
Net result-€33,092below the sector's middle half€7,005within the sector's middle half€1,127within the sector's middle half▼ 83.9%-€8,797below the sector's middle half-€14,105below the sector's middle half▼ 60.3%
Equity€316,890above the sector's middle half▼ 9.5%€323,895above the sector's middle half▲ 2.2%€325,022above the sector's middle half▲ 0.3%€316,225above the sector's middle half▼ 2.7%€302,120above the sector's middle half▼ 4.5%
Total assets€476,433within the sector's middle half▼ 3.2%€515,372within the sector's middle half▲ 8.2%€522,446within the sector's middle half▲ 1.4%€535,358within the sector's middle half▲ 2.5%€540,976within the sector's middle half▲ 1.0%
Debt€159,543▲ 12.4%€191,477▲ 20.0%€197,424▲ 3.1%€219,132▲ 11.0%€238,855▲ 9.0%
Working capital-€125,458below the sector's middle half▼ 22.5%-€117,930below the sector's middle half▲ 6.0%-€110,529below the sector's middle half▲ 6.3%-€131,387below the sector's middle half▼ 18.9%-€146,194below the sector's middle half▼ 11.3%
Solvency66.5%above the sector's middle half▼ 4.6pp62.8%above the sector's middle half▼ 3.7pp62.2%above the sector's middle half▼ 0.6pp59.1%within the sector's middle half▼ 3.1pp55.8%within the sector's middle half▼ 3.2pp
Current ratio0.21below the sector's middle half▼ 0.070.38below the sector's middle half▲ 0.170.44below the sector's middle half▲ 0.060.40below the sector's middle half▼ 0.040.39below the sector's middle half▼ 0.01
Return on assets (ROA)-6.9%below the sector's middle half▼ 14.3pp1.4%within the sector's middle half▲ 8.3pp0.2%within the sector's middle half▼ 1.1pp-1.6%within the sector's middle half▼ 1.9pp-2.6%below the sector's middle half▼ 1.0pp
above
within
below
the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €14,269 in 2025 against €8,569 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €540,976
Fixed assets
€448,314 ▲ 0.2%
Current assets
€92,662 ▲ 5.6%
Equity and liabilities €540,976
Equity
€302,120 ▼ 4.5%
Debt
€238,855 ▲ 9.0%
Debt's share of the balance-sheet total rises from 40.9% to 44.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€349▼
2024 · €3,636
Cash flow
€513▼
2024 · €3,408
Quick ratio
0.21▲
2024 · 0.15
Debt to equity
0.79▲
2024 · 0.69
ROE
-4.7%▼
2024 · -2.8%
Interest coverage
1.68▼
2024 · 15.88
Debt ≤ 1 year
€238,855▲
2024 · €219,132
Staff costs
€1,747
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 929 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 93% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a small loss
1.7%
went bankrupt
5.6%
stopped otherwise
93%
still going
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 929 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €1,747 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,017 | €10,282 | €11,168 | €12,205 | €14,618 | ▲ 19.8% |
| Other operating charges640/8 | €1,729 | €2,769 | €2,402 | €2,869 | €2,033 | ▼ 29.1% |
| Gross operating margin9900 | -€21,330 | €20,198 | €9,484 | €6,504 | €4,129 | ▼ 36.5% |
| Operating profit (loss)9901 | -€33,076 | €7,146 | -€4,086 | -€8,569 | -€14,269 | ▼ 66.5% |
| Financial income75/76B | €90 | €21 | €3 | €2 | €372 | ▲ 22,568% |
| Recurring financial income75 | €90 | €21 | €3 | €2 | €372 | ▲ 22,568% |
| Financial charges65/66B | €106 | €162 | €174 | €229 | €207 | ▼ 9.5% |
| Recurring financial charges65 | €106 | €162 | €174 | €229 | €207 | ▼ 9.5% |
| Profit (loss) for the period before taxes9903 | -€33,092 | €7,005 | -€4,257 | -€8,797 | -€14,105 | ▼ 60.3% |
| Income taxes67/77 | €0 | - | -€5,384 | €0 | - | - |
| Profit (loss) for the period9904 | -€33,092 | €7,005 | €1,127 | -€8,797 | -€14,105 | ▼ 60.3% |
| Profit (loss) for the period to be appropriated9905 | -€33,092 | €7,005 | €1,127 | -€8,797 | -€14,105 | ▼ 60.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €476,433 | €515,372 | €522,446 | €535,358 | €540,976 | ▲ 1.0% |
| Fixed assets21/28 | €442,348 | €441,825 | €435,551 | €447,612 | €448,314 | ▲ 0.2% |
| Tangible fixed assets22/27 | €442,348 | €441,825 | €435,551 | €447,612 | €448,314 | ▲ 0.2% |
| Land and buildings22 | €362,500 | €362,500 | €362,500 | €362,500 | €362,500 | = |
| Plant, machinery and equipment23 | €69,719 | €71,007 | €66,446 | €76,338 | €78,925 | ▲ 3.4% |
| Furniture and vehicles24 | €10,129 | €8,318 | €6,604 | €8,774 | €6,888 | ▼ 21.5% |
| Current assets29/58 | €34,085 | €73,546 | €86,895 | €87,745 | €92,662 | ▲ 5.6% |
| Stocks and contracts in progress3 | €26,587 | €53,599 | €63,845 | €55,925 | €43,534 | ▼ 22.2% |
| Stocks30/36 | €26,587 | €53,599 | €63,845 | €55,925 | €43,534 | ▼ 22.2% |
| Amounts receivable within one year40/41 | €7,075 | €18,166 | €21,341 | €16,672 | €39,556 | ▲ 137% |
| Trade receivables40 | €5,050 | €17,386 | €21,341 | €16,672 | €39,556 | ▲ 137% |
| Other amounts receivable41 | €2,025 | €780 | €0 | - | - | - |
| Cash at bank and in hand54/58 | €423 | €1,521 | €1,436 | €14,386 | €9,280 | ▼ 35.5% |
| Deferred charges and accrued income490/1 | €0 | €261 | €273 | €762 | €292 | ▼ 61.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €476,433 | €515,372 | €522,446 | €535,358 | €540,976 | ▲ 1.0% |
| Equity10/15 | €316,890 | €323,895 | €325,022 | €316,225 | €302,120 | ▼ 4.5% |
| Contributions10/11 | €23,846 | €23,846 | €23,846 | €23,846 | €23,846 | = |
| Reserves13 | €111,434 | €111,434 | €111,434 | €111,434 | €111,434 | = |
| Non-distributable reserves130/1 | €0 | - | - | - | - | - |
| Reserves not available under the articles1311 | €0 | - | - | - | - | - |
| Distributable reserves133 | €111,434 | €111,434 | €111,434 | €111,434 | €111,434 | = |
| Profit (loss) carried forward14 | €181,611 | €188,616 | €189,742 | €180,946 | €166,841 | ▼ 7.8% |
| Amounts payable17/49 | €159,543 | €191,477 | €197,424 | €219,132 | €238,855 | ▲ 9.0% |
| Amounts payable within one year42/48 | €159,543 | €191,477 | €197,424 | €219,132 | €238,855 | ▲ 9.0% |
| Trade debts44 | €4,497 | €10,822 | €4,857 | €9,835 | €11,462 | ▲ 16.5% |
| Suppliers440/4 | €4,497 | €10,822 | €4,857 | €9,835 | €11,462 | ▲ 16.5% |
| Taxes, remuneration and social security45 | €5,384 | €5,384 | €180 | €272 | €8,370 | ▲ 2,979% |
| Taxes450/3 | €5,384 | €5,384 | €180 | €272 | €7,232 | ▲ 2,560% |
| Remuneration and social security454/9 | - | - | - | - | €1,138 | - |
| Other amounts payable47/48 | €149,662 | €175,271 | €192,387 | €209,025 | €219,023 | ▲ 4.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€33,092 | €7,005 | €1,127 | -€8,797 | -€14,105 | ▼ 60.3% |
| + Depreciation and write-downs630 | €10,017 | €10,282 | €11,168 | €12,205 | €14,618 | ▲ 19.8% |
| Operating cash flow (approximation) | -€23,074 | €17,287 | €12,295 | €3,408 | €513 | ▼ 84.9% |
| Investment in fixed assets (approximation) | - | -€9,760 | -€4,894 | -€24,266 | -€15,320 | ▲ 36.9% |
| Change in cash | - | €1,098 | -€85 | €12,951 | -€5,106 | ▼ 139% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €7,005
Net result €7,005 after one loss-making year.
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€33,092
Net result drops to -€33,092, the lowest in the series; recovery starts the following year.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €36,349
Net result €36,349 after one loss-making year.
31-12
Financial
Equity above €200,000Eq €349,982
Equity rises from -€8,074 to €349,982.
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 67 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Wellen · 2 establishment units since 2018
Ground area
2,985 m²
Building footprint
344 m²
Volume, LiDAR
1,985 m³
2 parcels, Flanders · tallest building 12.7 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
PINOT3
since 20182.275.669.785
Pinot 3
since 20212.311.443.484
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73098B1045/00M000 | Flanders | 2,382 m² | 1 · 140 m² | 6.5 m · 2 fl. |
| 71037C2111/00S003 | Flanders | 603 m² | 1 · 204 m² | 12.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesLummen2.311.443.484
Wellen2.275.669.785
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Of 1,397 companies in this sector we hold annual accounts for 232. 184 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded26-04-2018
Fiscal year end31-12
Activities, NACEBEL 2025
01210Crop and animal production, hunting and related service activities
11020Manufacture of beverages
46341Wholesale of wines and spirits
47251Retail sale of wines and spirits
E-invoicing
Reachable via Peppol
Peppol ID
0208:0695509893
Also
9925:BE0695509893
Registered
22-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.