PIPAILLON
InactiveInactive; last annual accounts for fiscal year 2024.
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 31-12-2024 was due by 31-07-2025 and was filed on 15-05-2025, 77 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
77 d early
2023
37 d early
2022
32 d early
2021
24 d late
2020
24 d late
2019
82 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 3 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€16,265
2023 · -€63,621
Working capital
-€23,395▲ 39.7%
2023 · -€38,817
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€106,013▼ 363%-€89,132▲ 15.9%-€149,782▼ 68.0%-€59,548▲ 60.2%€20,319
Net result-€110,477▼ 297%-€92,388▲ 16.4%-€164,554▼ 78.1%-€63,621▲ 61.3%€16,265
Equity-€17,233▲ 94.4%€39,679€25,125▼ 36.7%-€38,496-€22,231▲ 42.3%
Total assets€178,783▲ 173%€205,354▲ 14.9%€214,047▲ 4.2%€167,944▼ 21.5%€17,981▼ 89.3%
Debt€196,016▼ 47.7%€165,675▼ 15.5%€188,923▲ 14.0%€206,440▲ 9.3%€40,212▼ 80.5%
Working capital-€37,569▲ 88.4%€30,950€43,541▲ 40.7%-€38,817-€23,395▲ 39.7%
Staff (FTE)1.8▲ 20.0%3.3▲ 83.3%5▲ 51.5%3.6▼ 28.0%1.7▼ 52.8%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €20,319 after a loss of €59,548 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €17,981
Fixed assets
€1,164 ▼ 95.6%
Current assets
€16,817 ▼ 88.1%
Key figures and ratios
Solvency
-123.6%▼
2023 · -22.9%
Current ratio
0.42▼
2023 · 0.78
Debt to equity
-1.81▲
2023 · -5.36
ROA
90.5%▲
2023 · -37.9%
Debt ≤ 1 year
€40,212▼
2023 · €180,394
Income taxes
€45▼
2023 · €171
Staff costs
€48,985▼
2023 · €131,539
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €20,635 | €55,289 | ▲ 168% |
| Remuneration, social security and pensions62 | - | €109,723 | €159,859 | €131,539 | €48,985 | ▼ 62.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,642 | €16,078 | €12,436 | €8,470 | - | - |
| Other operating charges640/8 | - | €1,259 | €1,131 | €2,722 | €4,318 | ▲ 58.7% |
| Non-recurring operating charges66A | - | - | - | €1,028 | - | - |
| Gross operating margin9900 | -€33,779 | €37,928 | €23,643 | €84,212 | €73,622 | ▼ 12.6% |
| Operating profit (loss)9901 | -€106,013 | -€89,132 | -€149,782 | -€59,548 | €20,319 | ▲ 134% |
| Financial income75/76B | - | - | - | €6 | €7 | ▲ 30.3% |
| Recurring financial income75 | - | - | - | €6 | €7 | ▲ 30.3% |
| Financial charges65/66B | - | €3,183 | €14,609 | €3,908 | €4,016 | ▲ 2.8% |
| Recurring financial charges65 | €4,463 | €3,183 | €4,292 | €3,908 | €4,016 | ▲ 2.8% |
| Non-recurring financial charges66B | - | - | €10,317 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€110,477 | -€92,315 | -€164,391 | -€63,450 | €16,310 | ▲ 126% |
| Income taxes67/77 | - | €73 | €163 | €171 | €45 | ▼ 73.6% |
| Profit (loss) for the period9904 | -€110,477 | -€92,388 | -€164,554 | -€63,621 | €16,265 | ▲ 126% |
| Profit (loss) for the period to be appropriated9905 | -€110,477 | -€92,388 | -€164,554 | -€63,621 | €16,265 | ▲ 126% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €178,783 | €205,354 | €214,047 | €167,944 | €17,981 | ▼ 89.3% |
| Fixed assets21/28 | €58,367 | €55,298 | €43,126 | €26,367 | €1,164 | ▼ 95.6% |
| Intangible fixed assets21 | €900 | €540 | €4,214 | €7,460 | - | - |
| Tangible fixed assets22/27 | €57,160 | €54,044 | €38,198 | €17,743 | - | - |
| Plant, machinery and equipment23 | - | €31,580 | €24,873 | €16,208 | - | - |
| Furniture and vehicles24 | - | €12,688 | €9,082 | €1,535 | - | - |
| Other tangible fixed assets26 | - | €9,777 | €4,242 | - | - | - |
| Financial fixed assets28 | €308 | €714 | €714 | €1,164 | €1,164 | = |
| Current assets29/58 | €120,416 | €150,056 | €170,921 | €141,577 | €16,817 | ▼ 88.1% |
| Stocks and contracts in progress3 | €34,671 | €38,694 | €52,698 | €50,755 | - | - |
| Stocks30/36 | - | €38,694 | €52,698 | €50,755 | - | - |
| Amounts receivable within one year40/41 | €33,119 | €80,031 | €54,651 | €87,776 | €1,666 | ▼ 98.1% |
| Trade receivables40 | - | €63,742 | €35,096 | €71,537 | - | - |
| Other amounts receivable41 | - | €16,289 | €19,554 | €16,239 | €1,666 | ▼ 89.7% |
| Cash at bank and in hand54/58 | €48,920 | €29,651 | €61,425 | €2,845 | €15,151 | ▲ 432% |
| Deferred charges and accrued income490/1 | - | €1,681 | €2,148 | €201 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €178,783 | €205,354 | €214,047 | €167,944 | €17,981 | ▼ 89.3% |
| Equity10/15 | -€17,233 | €39,679 | €25,125 | -€38,496 | -€22,231 | ▲ 42.3% |
| Contributions10/11 | - | €789,715 | €939,715 | €939,715 | €939,715 | = |
| Profit (loss) carried forward14 | -€657,648 | -€750,036 | -€914,590 | -€978,211 | -€961,946 | ▲ 1.7% |
| Amounts payable17/49 | €196,016 | €165,675 | €188,923 | €206,440 | €40,212 | ▼ 80.5% |
| Amounts payable after more than one year17 | €37,032 | €45,549 | €61,543 | €26,046 | - | - |
| Financial debts170/4 | - | €45,549 | €61,543 | €26,046 | - | - |
| Amounts payable within one year42/48 | €157,985 | €119,106 | €127,380 | €180,394 | €40,212 | ▼ 77.7% |
| Current portion of amounts payable after more than one year42 | - | €14,230 | €17,261 | €8,849 | - | - |
| Financial debts43 | - | €6,512 | €6,000 | €8,827 | - | - |
| Credit institutions430/8 | - | €6,512 | €6,000 | €8,827 | - | - |
| Trade debts44 | €23,106 | €38,315 | €33,213 | €59,678 | €5,505 | ▼ 90.8% |
| Suppliers440/4 | - | €38,315 | €33,213 | €59,678 | €5,505 | ▼ 90.8% |
| Taxes, remuneration and social security45 | - | €6,354 | €11,198 | €15,444 | - | - |
| Remuneration and social security454/9 | - | €6,354 | €11,198 | €15,444 | - | - |
| Other amounts payable47/48 | - | €53,695 | €59,708 | €87,595 | €34,707 | ▼ 60.4% |
| Accrued charges and deferred income492/3 | - | €1,020 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€110,477 | -€92,388 | -€164,554 | -€63,621 | €16,265 | ▲ 126% |
| + Depreciation and write-downs630 | €7,642 | €16,078 | €12,436 | €8,470 | - | - |
| Operating cash flow (approximation) | -€102,834 | -€76,309 | -€152,119 | -€55,151 | €16,265 | ▲ 129% |
| Investment in fixed assets (approximation) | - | -€13,009 | -€264 | €8,289 | €25,203 | ▲ 204% |
| Change in cash | - | -€19,269 | €31,774 | -€58,580 | €12,306 | ▲ 121% |
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
2025
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €16,265
Net result €16,265 after 6 loss-making years.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet -€164,554
Net result drops to -€164,554, the lowest in the series.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 24 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 24 days late
2020
21-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 82 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 28 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
28-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 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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Structure & network
Owners and holdings
2 ownersOwners 2
- Sourceaccounts ARLO 202423.94%
-
3.1%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.