Equity
-€7,262
Debts exceed assets in financial year 2025.
PIOLET
Lifetime
13 annual accounts with figures on one time axispeak of €119,521 in 2025
€119,521▲ €174,964
lowest -€58,715 in 2021
€112,840▲ €170,456
peak of €13,258 in 2020
-€7,262▲ €112,840
€101,005▼ 22.4%
Board2 names since 2016
1 director
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from -€55,443 to €119,521Profit of €112,840, after a lossEquity from -€120,102 to -€7,262Debts from €130,164 to €101,005Investments €4,200Cash from €5,015 to €61,539
Key points
from the 2025 annual accountsDebts
€101,005 108% of the balance sheet
Suppliers 5%Taxes and wages 20%Other 76%
Investments
€4,226 9.2 times depreciation
Green is investment, beige is depreciation.
Liquidity
0.89 was 0.07 in 2024
Short-term debts fell from €130,164 to €101,005.
Filings
13 annual accounts since 2013
Nine of the last ten came late. The 2023 accounts came in latest, 218 days after the end of the period.
Position in the sector
€112,840
Higher net result than 95% of companies in clothing. Sector median €1,352 · 220 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,633 companies had the same profile as PIOLET has now. Each dot stands for 10 companies, two years later.
91.9%
were still trading
4.8%
stopped another way
2.9%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,633 companies, not a prediction for PIOLET. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0847544428
Company renamed from NDH101 to PIOLET
Change of role: , from manager to director · Gazette deed
Registered office moved from Ixelles to Saint-Gilles
The registered office moved from Rue Africaine 2 à 1050 Ixelles to Rue Antoine Bréart 101 à 1060 Saint-Gilles · Resignation: (partner and manager) · General meeting of 19-09-2016 · Gazette deed
Incorporation
published on 23-07-2012 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PIOLET Sint-Gillis (bij-Brussel) | €93,743 | €119,521 | -7.7% | - |
| BY GEORGETTE Auderghem | €87,682 | €40,340 | 50.7% | - |
| Seynaeve Brecht Roeselare | €158,712 | €78,857 | 63.3% | - |
| VIRGINIE GUILBERT Auderghem | €79,310 | €20,971 | 50.0% | - |
| HENCEL ET CO Anderlecht | €77,185 | €48,310 | 48.9% | - |
| MIA ZIA Ixelles | €141,015 | €20,388 | -174.6% | - |
| Danachibelle Asse | €226,156 | €101,655 | 30.0% | - |
These companies have the same main activity as PIOLET: manufacture of wearing apparel (NACE 14299). They are comparable in size and age: total assets between €77,200 and €226,000, founded between 1995 and 2015.
Official details
Source: KBO- Status
- Active since 19-07-2012Normal situation
- Activity
- Manufacture of wearing apparelNACE 14299and 5 others
- Establishment unit
- 2.211.135.5861050 Ixelles, since 19-07-2012
- Financial year end
- 31 December
- Peppol
- Reachable since 06-01-2026
Insights on PIOLET
PIOLET files the micro format. That format states no turnover. The gross margin rose from -€19,177 in 2013 to €119,521 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PIOLET
- What is the company number of PIOLET?
- The company number of PIOLET is 0847.544.428. The VAT number is the same number with BE in front: BE 0847.544.428.
- Where is PIOLET based?
- The registered office is at Antoine Bréartstraat 101, 1060 Sint-Gillis (bij-Brussel).Company details
- What does PIOLET do?
- According to the KBO register, the main activity is manufacture of wearing apparel (NACE 14299).
- What is the legal form of PIOLET?
- PIOLET is a private limited company (BV).
- When was PIOLET founded?
- PIOLET was founded on 19-07-2012.
- Is PIOLET still active?
- Yes, PIOLET is an active enterprise in the KBO register.
- What is the turnover of PIOLET?
- The turnover in financial year 2025 is ≈ €300,000. This figure is estimated from the gross margin of €119,521 and 2,459 comparable companies of the same size. It probably lies between €200,000 and €460,000. It is a rough estimate.Financials
- Is PIOLET profitable?
- In financial year 2025, PIOLET made a profit of €112,840.
- Where can I find the annual accounts of PIOLET?
- PIOLET filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PIOLET due?
- PIOLET must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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