Pit.
ActiveSummary
Pit. has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €39,455 and a net result of €532. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 64% of 2,603 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 07-09-2017 Normal situation
- Activity
- Other education NACE 85599and 1 other
- Establishment unit
- 2.267.810.609 2650 Edegem, since 17-09-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 22-07-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.6%
- Gross margin
- €3,492
- ▼ 89.5%
- Turnover
- ≈ €13,000
- estimated
- Profit
- €532
- ▼ 97.8%
- Equity
- €39,455
- ▲ 1.4%
- Total assets
- €65,181
- ▼ 7.7%
- 2025 accounts filed 31 days after the deadline
Score breakdownraises risk2 changes of registered office in 24 monthsLast filed accounts filed 31 days late; 1 of the last 3 accounts latelowers riskSector: Education (NACE 85)Liquidity: current ratio 2.20, cash €56,144Show the evidence
Checked score
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 85, micro). It does better than 63% of them on solvency, 72% on liquidity, 41% on profitability and 47% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 1 day before the deadline. In the sector (NACE 85), the median for financial year 2024 was 16 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00483162.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 8 filings
Every figure per financial year
The operating result for 2025 is 94% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,064 | - | - | - | €8,956 |
| Depreciation and write-downs of the year | €5,927 | €5,837 | €5,543 | €376 | €736 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2023 · 1 entry · €583 paid| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €579 | €5,302 | €5,332 | €5,927 | €5,837 | €5,543 | €376 | €736 | ▲ 95.9% |
| Other operating charges640/8 | - | - | - | €662 | €666 | €730 | €754 | €777 | ▲ 3.0% |
| Gross operating margin9900 | €17,329 | -€1,351 | -€5,710 | -€3,520 | €2,227 | €27,074 | €33,303 | €3,492 | ▼ 89.5% |
| Operating profit (loss)9901 | €15,959 | -€7,252 | -€11,702 | -€10,109 | -€4,277 | €20,802 | €32,174 | €1,979 | ▼ 93.8% |
| Financial income75/76B | - | - | - | €0 | €6 | €0 | €0 | €0 | ▼ 100% |
| Recurring financial income75 | - | €180 | €0 | €0 | €6 | €0 | €0 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €317 | €229 | €152 | €122 | €162 | ▲ 32.9% |
| Recurring financial charges65 | €166 | €294 | €683 | €317 | €229 | €152 | €122 | €162 | ▲ 32.9% |
| Profit (loss) for the period before taxes9903 | €15,793 | -€7,366 | -€12,385 | -€10,426 | -€4,499 | €20,650 | €32,052 | €1,817 | ▼ 94.3% |
| Income taxes67/77 | €4,572 | €133 | €0 | €137 | €130 | €147 | €7,578 | €1,284 | ▼ 83.0% |
| Profit (loss) for the period9904 | €11,221 | -€7,499 | -€12,386 | -€10,563 | -€4,629 | €20,503 | €24,474 | €532 | ▼ 97.8% |
| Profit (loss) for the period to be appropriated9905 | €11,221 | -€7,499 | -€12,386 | -€10,563 | -€4,629 | €20,503 | €24,474 | €532 | ▼ 97.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €38,479 | €51,011 | €42,751 | €37,711 | €29,487 | €45,171 | €70,650 | €65,181 | ▼ 7.7% |
| Fixed assets21/28 | €1,605 | €20,627 | €16,910 | €12,048 | €6,211 | €668 | €293 | €8,512 | ▲ 29× |
| Tangible fixed assets22/27 | €1,605 | €20,627 | €16,910 | €12,048 | €6,211 | €668 | €293 | €8,512 | ▲ 29× |
| Plant, machinery and equipment23 | - | - | - | €762 | €408 | €53 | €0 | - | - |
| Furniture and vehicles24 | - | - | - | €11,286 | €5,803 | €616 | €293 | €8,512 | ▲ 29× |
| Current assets29/58 | €36,874 | €30,384 | €25,841 | €25,663 | €23,276 | €44,503 | €70,357 | €56,669 | ▼ 19.5% |
| Amounts receivable within one year40/41 | €6,765 | €2,673 | €895 | €964 | - | €900 | €420 | €525 | ▲ 25.0% |
| Trade receivables40 | - | - | - | €964 | - | €900 | €420 | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | - | - | - | - | €525 | - |
| Cash at bank and in hand54/58 | €29,859 | €27,642 | €24,802 | €24,698 | €23,276 | €43,603 | €69,937 | €56,144 | ▼ 19.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €38,479 | €51,011 | €42,751 | €37,711 | €29,487 | €45,171 | €70,650 | €65,181 | ▼ 7.7% |
| Equity10/15 | €29,021 | €21,522 | €9,137 | -€1,426 | -€6,055 | €14,448 | €38,922 | €39,455 | ▲ 1.4% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €10,421 | €10,421 | €10,421 | €10,421 | €10,421 | €10,421 | €20,322 | €20,855 | ▲ 2.6% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | - | €8,561 | €8,561 | €10,421 | €20,322 | €20,855 | ▲ 2.6% |
| Profit (loss) carried forward14 | - | -€7,499 | -€19,884 | -€30,447 | -€35,076 | -€14,573 | €0 | - | - |
| Amounts payable17/49 | €9,458 | €29,489 | €33,614 | €39,137 | €35,542 | €30,723 | €31,728 | €25,726 | ▼ 18.9% |
| Amounts payable after more than one year17 | - | €13,402 | €9,129 | €4,786 | €371 | - | - | - | - |
| Financial debts170/4 | - | - | - | €4,786 | €371 | - | - | - | - |
| Amounts payable within one year42/48 | €9,458 | €16,087 | €24,100 | €34,351 | €35,171 | €30,723 | €31,728 | €25,726 | ▼ 18.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €4,343 | €4,415 | €371 | €0 | - | - |
| Trade debts44 | €361 | €1,414 | €453 | €2,272 | €1,539 | €1,334 | €1,323 | €558 | ▼ 57.8% |
| Suppliers440/4 | - | - | - | €2,272 | €1,539 | €1,334 | €1,323 | €558 | ▼ 57.8% |
| Taxes, remuneration and social security45 | - | - | - | €3,671 | €2,378 | €4,681 | €10,580 | €10,898 | ▲ 3.0% |
| Taxes450/3 | - | - | - | €3,294 | €2,378 | €4,681 | €10,322 | €8,806 | ▼ 14.7% |
| Remuneration and social security454/9 | - | - | - | €377 | - | - | €258 | €2,092 | ▲ 709% |
| Other amounts payable47/48 | - | - | - | €24,065 | €26,840 | €24,338 | €19,824 | €14,270 | ▼ 28.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,221 | -€7,499 | -€12,386 | -€10,563 | -€4,629 | €20,503 | €24,474 | €532 | ▼ 97.8% |
| + Depreciation and write-downs630 | €579 | €5,302 | €5,332 | €5,927 | €5,837 | €5,543 | €376 | €736 | ▲ 95.9% |
| Operating cash flow (approximation) | €11,800 | -€2,197 | -€7,053 | -€4,636 | €1,208 | €26,046 | €24,850 | €1,269 | ▼ 94.9% |
| Investment in fixed assets (approximation) | - | -€24,324 | -€1,616 | -€1,064 | €0 | €0 | €0 | -€8,956 | - |
| Change in cash | - | -€2,217 | -€2,840 | -€104 | -€1,422 | €20,327 | €26,335 | -€13,794 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 5,047 companies had the same profile as Pit. has now. Two years later, 93.9% were still going and 2.2% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Pit. itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 5,047 companies, not a prediction for Pit.. 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.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00483162 | |
| 31-12-2024 | micro format | 25-07-2025 | 2025-00317010 | |
| 31-12-2023 | micro format | 23-07-2024 | 2024-00290912 | |
| 31-12-2022 | micro format | 29-06-2023 | 2023-00199889 | |
| 31-12-2021 | micro format | 22-06-2022 | 2022-20090790 | |
| 31-12-2020 | micro format | 28-07-2021 | 2021-41300374 | |
| 31-12-2019 | micro format | 17-09-2020 | 2020-53600569 | |
| 31-12-2018 | micro format | 24-07-2019 | 2019-37600439 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 27-09-2023 Converted to unavailable equity · €18,600
- 27-09-2023 Converted to unavailable equity · €1,860
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “1, bestuurd hetzij door enige aandeelhouder,hetzij door een of meer personen,al dan niet aandeelhouder,benoemd met of zonder beperking in…”
Articles of association, deed of 27-09-2023 (in Dutch)
Network & group
Pit. shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of Pit.. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
14-07
Gazette deed
Registered office moved from Antwerpen to EdegemNew seat: Laureysstraat 33, 2650 Edegem · Previous seat: Lange Pastoorstraat 59, 2600 Antwerpen · Correction4 points ▸
- General meeting, 14-04-2025
- Registered-office move, Laureysstraat 33,2650 Edegem
- Correction, “materiële vergissing, zetel nooit gevestigd geweest op Laureysstraat nummer 32” (deed in Dutch)
- Director in office, Annemie Voorspoels (director)
16-05
Gazette deed
Registered office moved from Antwerpen to EdegemNew seat: Laureysstraat 32, 2650 Edegem · Previous seat: Lange Pastoorstraat 59, 2600 Antwerpen · Director in office3 points ▸
- General meeting, 14-04-2025
- Registered-office move, Laureysstraat 32, 2650 Edegem
- Director in office, Annemie Voorspoels (director)
27-09
Gazette deed
Appointment: VOORSPOELS Annemie Wilfried Christiane (director)Legal-form conversion · Amendment of the articles · Capital conversion9 points ▸
- General meeting, 22-09-2023
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “rekening onbeschikbare inbrengen” (deed in Dutch)
- Capital conversion, “statutaire onbeschikbare reserves” (deed in Dutch)
- Other provision, “omvorming statutair onbeschikbare eigen vermogensrekeningen in beschikbare, Tweede besluit” (deed in Dutch)
- Kind of shares, “zelfde soort”, 100 (deed in Dutch)
- Director appointment, VOORSPOELS Annemie Wilfried Christiane (director (not named in the articles))
- Power of attorney, Kris Ducatteeuw
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Lange Pastoorstraat 59, 2600 Antwerpen until 14-04-2025 · act of 14-07-2025
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11472B0040/00P006 | Flanders | 339 m² | 1 · 99 m² | 9.6 m · 2 |