Pit & Pit
ActiveSummary
Pit & Pit has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.7m and a net result of €39,267. Equity is growing by ~19.7% per year across the filed fiscal years. Its solvency ranks better than 35% of 6537 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability66▼-3
Solvency46▲+2
Growth67▲+6
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170,000 at 30 days acceptable
Liquidity tight (current ratio 1.16 against 1.1 in 2023; short-term debt: 24.7% and cash: 14.1% of total assets), and 79.4% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
20.6%
Return on assets
0.3%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 02-07-2025, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
9 d late
2022
26 d early
2021
32 d late
2021
24 d early
2020
10 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 5 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money Which other companies belong to the same group?We Are Jane · 13 companies
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, full schema
Turnover
€17.1m▲ 25.0%
2023 · €13.7m
EBIT margin
3.4%▼ 0.2pp
2023 · 3.6%
Net result
€39,267
2023 · -€40,096
Working capital
€502,728▲ 56.9%
2023 · €320,346
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212021202220232024
Turnover€12.1m€13.7m▲ 13.1%€17.1m▲ 25.0%
Operating result€1.2m▲ 164%€1.5m--€346,297€490,475€582,553▲ 18.8%
Net result€857,896above the sector's middle half▲ 93.7%€996,398above the sector's middle half--€673,459below the sector's middle half-€40,096below the sector's middle half▲ 94.0%€39,267within the sector's middle half
EBIT margin-2.9%3.6%▲ 6.4pp3.4%▼ 0.2pp
Equity€3.2mabove the sector's middle half▲ 3,294%€3.3mabove the sector's middle half-€2.7mabove the sector's middle half▼ 20.2%€2.6mabove the sector's middle half▼ 1.5%€2.7mabove the sector's middle half▲ 1.5%
Total assets€14.4mabove the sector's middle half▲ 1,163%€14.9mabove the sector's middle half-€14.4mabove the sector's middle half▼ 3.1%€13.6mabove the sector's middle half▼ 5.4%€12.9mabove the sector's middle half▼ 5.3%
Debt€11.2m▲ 971%€11.5m-€11.8m▲ 1.8%€11.0m▼ 6.2%€10.3m▼ 6.9%
Working capital-€574,798▼ 268%-€1.2m--€1.1m▲ 8.6%€320,346€502,728▲ 56.9%
Solvency22.2%within the sector's middle half▲ 13.9pp22.4%within the sector's middle half-18.5%within the sector's middle half▼ 3.9pp19.2%within the sector's middle half▲ 0.8pp20.6%within the sector's middle half▲ 1.4pp
Staff (FTE)10within the sector's middle half5.5within the sector's middle half▼ 45.0%7.4within the sector's middle half▲ 34.5%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €12.9m
Fixed assets
€9.2m ▼ 9.6%
Current assets
€3.7m ▲ 7.7%
Equity and liabilities €12.9m
Equity
€2.7m ▲ 1.5%
Debt
€10.3m ▼ 6.9%
Debt's share of the balance-sheet total falls from 80.8% to 79.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.8m▲
2023 · €1.7m
Cash flow
€1.2m▲
2023 · €1.1m
Current ratio
1.16▲
2023 · 1.10
Quick ratio
0.71▲
2023 · 0.66
Debt to equity
3.85▼
2023 · 4.20
ROE
1.5%▲
2023 · -1.5%
ROA
0.3%▲
2023 · -0.3%
Interest coverage
9.46▲
2023 · 8.71
Debt ≤ 1 year
€3.2m▲
2023 · €3.1m
Debt > 1 year
€7.0m▼
2023 · €7.9m
Income taxes
€365,972▲
2023 · €338,809
Staff costs
€564,299▲
2023 · €361,244
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | €12.3m | €13.7m | €17.2m | ▲ 25.3% |
| Turnover70 | - | - | €12.1m | €13.7m | €17.1m | ▲ 25.0% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | - | - | - | €29,549 | - |
| Other operating income74 | - | - | €32,086 | €18,089 | €39,969 | ▲ 121% |
| Non-recurring operating income76A | - | - | €220,785 | €5,563 | €0 | ▼ 100% |
| Operating charges60/66A | - | - | €12.7m | €13.2m | €16.6m | ▲ 25.6% |
| Goods for resale, raw materials and consumables60 | - | - | €6.6m | €6.5m | €7.9m | ▲ 20.3% |
| Purchases600/8 | - | - | €6.6m | €6.7m | €7.9m | ▲ 18.5% |
| Change in stocks: decrease (increase)609 | - | - | €23,213 | -€132,576 | -€44,849 | ▲ 66.2% |
| Services and other goods61 | - | - | €4.5m | €5.1m | €6.9m | ▲ 35.5% |
| Remuneration, social security and pensions62 | - | - | €362,972 | €361,244 | €564,299 | ▲ 56.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €82,275 | €121,559 | €1.2m | €1.2m | €1.2m | ▲ 0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €6,250 | €0 | €12,795 | - |
| Other operating charges640/8 | - | €3,351 | €13,922 | €10,781 | €15,845 | ▲ 47.0% |
| Non-recurring operating charges66A | - | €0 | - | - | €9,982 | - |
| Gross operating margin9900 | €1.3m | €1.6m | - | - | - | - |
| Operating profit (loss)9901 | €1.2m | €1.5m | -€346,297 | €490,475 | €582,553 | ▲ 18.8% |
| Financial income75/76B | - | €1,810 | €1,267 | €1,749 | €11,649 | ▲ 566% |
| Recurring financial income75 | €643 | €1,810 | €1,267 | €1,749 | €11,649 | ▲ 566% |
| Income from financial fixed assets750 | - | - | - | - | €7 | - |
| Income from current assets751 | - | - | €1,184 | €1,702 | €11,606 | ▲ 582% |
| Other financial income752/9 | - | - | €83 | €46 | €36 | ▼ 22.2% |
| Financial charges65/66B | - | €153,320 | €269,313 | €193,511 | €188,963 | ▼ 2.4% |
| Recurring financial charges65 | €11,839 | €153,320 | €269,313 | €193,511 | €188,963 | ▼ 2.4% |
| Debt charges650 | - | - | €261,762 | €191,542 | €186,337 | ▼ 2.7% |
| Other financial charges652/9 | - | - | €7,551 | €1,969 | €2,626 | ▲ 33.3% |
| Profit (loss) for the period before taxes9903 | €1.2m | €1.3m | -€614,343 | €298,714 | €405,239 | ▲ 35.7% |
| Income taxes67/77 | €310,752 | €327,133 | €59,116 | €338,809 | €365,972 | ▲ 8.0% |
| Taxes670/3 | - | - | €59,116 | €338,809 | €365,972 | ▲ 8.0% |
| Profit (loss) for the period9904 | €857,896 | €996,398 | -€673,459 | -€40,096 | €39,267 | ▲ 198% |
| Profit (loss) for the period to be appropriated9905 | €857,896 | €996,398 | -€673,459 | -€40,096 | €39,267 | ▲ 198% |
| Line | 2021 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €14.4m | €14.9m | €14.4m | €13.6m | €12.9m | ▼ 5.3% |
| Formation expenses20 | - | - | €18,623 | €11,166 | €3,708 | ▼ 66.8% |
| Fixed assets21/28 | €12.4m | €12.5m | €11.4m | €10.2m | €9.2m | ▼ 9.6% |
| Intangible fixed assets21 | - | - | €4.4m | €3.3m | €2.3m | ▼ 30.1% |
| Tangible fixed assets22/27 | €184,986 | €225,635 | €174,532 | €133,212 | €133,231 | = |
| Plant, machinery and equipment23 | - | €109,872 | €70,866 | €52,700 | €66,982 | ▲ 27.1% |
| Furniture and vehicles24 | - | - | €4,453 | €3,518 | €3,686 | ▲ 4.8% |
| Other tangible fixed assets26 | - | €115,763 | €99,213 | €76,994 | €62,563 | ▼ 18.7% |
| Financial fixed assets28 | €12.3m | €12.3m | €6.8m | €6.8m | €6.8m | = |
| Affiliated companies280/1 | - | - | €6.8m | €6.8m | €6.8m | = |
| Participating interests280 | - | - | €6.8m | €6.8m | €6.8m | = |
| Other financial fixed assets284/8 | - | - | €750 | €750 | €750 | = |
| Shares284 | - | - | €250 | €250 | €250 | = |
| Amounts receivable and cash guarantees285/8 | - | - | €500 | €500 | €500 | = |
| Current assets29/58 | €2.0m | €2.4m | €3.0m | €3.4m | €3.7m | ▲ 7.7% |
| Stocks and contracts in progress3 | €781,065 | €891,800 | €1.2m | €1.4m | €1.4m | ▲ 4.5% |
| Stocks30/36 | - | €891,800 | €1.2m | €1.4m | €1.4m | ▲ 4.5% |
| Raw materials and consumables30/31 | - | - | €173,931 | €195,952 | €208,870 | ▲ 6.6% |
| Finished goods33 | - | - | €821,230 | €950,615 | €967,368 | ▲ 1.8% |
| Goods purchased for resale34 | - | - | €238,676 | €219,846 | €251,777 | ▲ 14.5% |
| Amounts receivable within one year40/41 | €69,481 | €464,765 | €576,624 | €395,674 | €425,005 | ▲ 7.4% |
| Trade receivables40 | - | €0 | €55,434 | €152,370 | €69,923 | ▼ 54.1% |
| Other amounts receivable41 | - | €464,765 | €521,191 | €243,304 | €355,082 | ▲ 45.9% |
| Cash at bank and in hand54/58 | €1.1m | €1.0m | €1.2m | €1.6m | €1.8m | ▲ 12.2% |
| Deferred charges and accrued income490/1 | - | €7,502 | €38,591 | €39,525 | €13,922 | ▼ 64.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €14.4m | €14.9m | €14.4m | €13.6m | €12.9m | ▼ 5.3% |
| Equity10/15 | €3.2m | €3.3m | €2.7m | €2.6m | €2.7m | ▲ 1.5% |
| Contributions10/11 | - | €2.3m | €2.3m | €2.3m | €2.3m | = |
| Reserves13 | €946,036 | €1.1m | €411,079 | €370,983 | €410,251 | ▲ 10.6% |
| Non-distributable reserves130/1 | - | €0 | - | - | - | - |
| Reserves not available under the articles1311 | - | €0 | - | - | - | - |
| Distributable reserves133 | - | €1.1m | €411,079 | €370,983 | €410,251 | ▲ 10.6% |
| Profit (loss) carried forward14 | - | €0 | - | - | - | - |
| Amounts payable17/49 | €11.2m | €11.5m | €11.8m | €11.0m | €10.3m | ▼ 6.9% |
| Amounts payable after more than one year17 | €8.7m | €7.9m | €7.6m | €7.9m | €7.0m | ▼ 10.7% |
| Financial debts170/4 | - | €7.9m | €7.6m | €7.9m | €7.0m | ▼ 10.7% |
| Credit institutions173 | - | - | €3.2m | €2.3m | €1.5m | ▼ 35.9% |
| Other loans174 | - | - | €4.4m | €5.5m | €5.5m | = |
| Amounts payable within one year42/48 | €2.6m | €3.6m | €4.1m | €3.1m | €3.2m | ▲ 2.6% |
| Current portion of amounts payable after more than one year42 | - | €2.2m | €1.7m | €1.7m | €1.8m | ▲ 5.5% |
| Financial debts43 | - | €4 | €197 | €7 | €0 | ▼ 100% |
| Credit institutions430/8 | - | €4 | €197 | €7 | €0 | ▼ 100% |
| Trade debts44 | €15,690 | €21,670 | €980,510 | €1.2m | €1.1m | ▼ 10.2% |
| Suppliers440/4 | - | €21,670 | €980,510 | €1.2m | €1.1m | ▼ 10.2% |
| Taxes, remuneration and social security45 | - | €133 | €227,484 | €231,447 | €320,044 | ▲ 38.3% |
| Taxes450/3 | - | €133 | €183,687 | €198,563 | €249,573 | ▲ 25.7% |
| Remuneration and social security454/9 | - | - | €43,798 | €32,884 | €70,471 | ▲ 114% |
| Other amounts payable47/48 | - | €1.4m | €1.2m | €15,678 | €35,980 | ▲ 130% |
| Accrued charges and deferred income492/3 | - | €8,412 | €10,563 | €54,484 | €50,471 | ▼ 7.4% |
| Line | 2021 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €857,896 | €996,398 | -€673,459 | -€40,096 | €39,267 | ▲ 198% |
| + Depreciation and write-downs630 | €82,275 | €121,559 | €1.2m | €1.2m | €1.2m | ▲ 0.2% |
| Operating cash flow (approximation) | €940,172 | €1.1m | €513,621 | €1.1m | €1.2m | ▲ 7.2% |
| Investment in fixed assets (approximation) | - | - | -€66,639 | -€27,607 | -€200,118 | ▼ 625% |
| Change in cash | - | - | €149,002 | €431,034 | €198,258 | ▼ 54.0% |
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
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €39,267
Net result €39,267 after 2 loss-making years.
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 9 days late
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet -€673,459
Net result drops to -€673,459, the lowest in the series; recovery starts the following year.
01-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 32 days late
07-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2019net €996,398 ▲16.1%
Operating result €1.5m, net result €996,398, both a record.
30-06
Financial
Equity above €2mEq €3.2m ▲3,294%
3 profitable years in a row build equity to €3.2m.
10-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 10 days late
2020
02-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
24-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-01
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.
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
10 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hoogstraten · 1 establishment unit since 2014
Ground area
7,397 m²
Building footprint
4,508 m²
Volume, LiDAR
1 m³
Parcel 13014F0252/00H000, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
HABANERO
since 20142.237.093.578
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13014F0252/00H000 | Flanders | 7,397 m² | 1 · 4,508 m² | 0.1 m |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Part of the group
We Are Jane
13 companies
Group, risk and exposure
Owners and holdings
1 owner · 2 holdingsChain of control
- We Are Jane
- PITTIG
- Pit & Pit
Highest known parent: We Are Jane. The sources do not say who stands above it.
Owners 1
- PITTIGparent100%
Holdings 2
-
100%
-
100%
According to the 2024 annual accounts of Pit & Pit and those 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 3,429 EUR awarded · 3,429 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,650 EUR | 1,650 EUR |
| 2024 | 1 | 999 EUR | 1,779 EUR |
| 2023 | 1 | 780 EUR | 0 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteHoogstraten2.237.093.578
Similar companies · same sector, comparable size
EURO SHOP MALDEGEM
BE 0841.403.635
Maldegem · Eq €2,676,951
e-Luscious België
BE 0452.083.148
Beringen · Eq €2,679,821
MAISON HALLOINT
BE 0434.122.213
Charleroi · Eq €2,680,410
FASTNET
BE 0890.789.008
Tongeren-Borgloon · Eq €2,623,808
ACAZA
BE 0823.850.692
Kortrijk · Eq €2,619,634
Of 12,955 companies in sector 47120 we hold annual accounts for 2,192. 544 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-11-2014
Fiscal year end31-12
Activities, NACEBEL 2025
47120Other non-specialised retail sale
46389Wholesale of other food products
47279Other retail sale of food
E-invoicing
Reachable via Peppol
Peppol ID
0208:0505805213
Also
9925:BE0505805213
Registered
20-05-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.