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PITECO

Active Risk: not assessed
Private limited companyfounded 2023active for 3 yearsHagedoornlaan 175, 1180 Ukkel, BelgiumKBO/BCE: BE 0803.924.221
Summary

PITECO has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €757,323 and a net result of €201,114. Equity is growing by about 42% per year across the filed financial years. Its solvency ranks better than 32% of 10,709 sector peers (NACE 70, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Business and other management consultancy
NACE 70200
1 site
Size
€2.4mtotal assets 2025
Equity
€757,323
Profit
€201,114
Financial health
Holding: outside the score modelBankruptcy probability: sector outside the model
Structure
Parent
PS CONSULT · 80%
Holdings
2
Accounts 45 days early0 of 2 deeds read
SignalsneutralLatest accounts filed on timeShow the evidence

Checked score

Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Bankruptcy probability, 12 months

This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.

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Signals

1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-06-2026, 45 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
45 days early
2024
73 days early
2023
33 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 50 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 June (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
23-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · full…
  3. Back to profitnet €295,327

Financials · financial year 2025, abbreviated format

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€201,114▼ 31.9%
2024 · €295,327
Working capital
-€198,460▼ 179%
2024 · -€71,147
Trend over the years

2023 to 2025, 3 financial years

The operating result falls in 2025; 2025 is 17% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.07m 2025 Net result€0.2m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. 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 financial year before
favourable unfavourable
Line202320242025
Operating result-€0.06m-€0.09m€0.07m▼ 16.9%
Net result-€0.07mbelow the sector's middle half-€0.3mabove the sector's middle half€0.2mabove the sector's middle half▼ 31.9%
Equity€0.3mabove the sector's middle half-€0.6mwithin the sector's middle half▲ 107%€0.8mwithin the sector's middle half▲ 32.6%
Total assets€2.4mabove the sector's middle half-€2.4mwithin the sector's middle half▲ 0.9%€2.4mabove the sector's middle half▼ 0.4%
Debt€2.1m-€1.8m▼ 12.9%€1.7m▼ 10.6%
Working capital-€0.2mbelow the sector's middle half--€0.07mwithin the sector's middle half▲ 70.3%-€0.2mbelow the sector's middle half▼ 179%
Solvency11.5%below the sector's middle half-23.6%within the sector's middle half▲ 12.1pp31.5%within the sector's middle half▲ 7.8pp
Current ratio0.16below the sector's middle half-0.73within the sector's middle half▲ 0.570.40below the sector's middle half▼ 0.32
Return on assets (ROA)-3.1%below the sector's middle half-12.2%within the sector's middle half▲ 15.3pp8.4%within the sector's middle half▼ 3.9pp
above within below the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.4m
Fixed assets €2.3m ▲ 2.0%
Current assets €134,378 ▼ 29.2%
Equity and liabilities €2.4m
Equity €757,323 ▲ 32.6%
Debt €1.7m ▼ 10.6%
Debt's share of the balance-sheet total falls from 76.4% to 68.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
ROE
26.6%▼
2024 · 51.7%
Debt ≤ 1 year
€332,838▲
2024 · €260,921
Debt > 1 year
€1.3m▼
2024 · €1.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.4m€2.4m▼
Formation expenses20€0-
Fixed assets21/28€2.2m€2.3m▲
Financial fixed assets28€2.2m€2.3m▲
Current assets29/58€0.2m€0.1m▼
Amounts receivable within one year40/41€0.001m€0.1m▲
Trade receivables40€0-
Other amounts receivable41€0.001m€0.1m▲
Cash at bank and in hand54/58€0.2m€0.03m▼
Equity and liabilities
Total equity and liabilities10/49€2.4m€2.4m▼
Equity10/15€0.6m€0.8m▲
Contributions10/11€0.4m€0.4m=
Profit (loss) carried forward14€0.2m€0.4m▲
Amounts payable17/49€1.8m€1.7m▼
Amounts payable after more than one year17€1.6m€1.3m▼
Financial debts170/4€1.6m€1.3m▼
Amounts payable within one year42/48€0.3m€0.3m▲
Current portion of amounts payable after more than one year42€0.3m€0.3m▲
Trade debts44€0.001m€0.001m▲
Suppliers440/4€0.001m€0.001m▲
Taxes, remuneration and social security45€0.004m€0.003m▼
Taxes450/3€0.004m€0.003m▼
Other amounts payable47/48€0€0.06m▲
Accrued charges and deferred income492/3€0.006m€0.006m▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.001m€0▼
Other operating charges640/8€387€0.001m▲
Gross operating margin9900€0.09m€0.07m▼
Operating profit (loss)9901€0.09m€0.07m▼
Financial income75/76B€0.3m€0.2m▼
Recurring financial income75€0.3m€0.2m▼
Financial charges65/66B€0.1m€0.08m▼
Recurring financial charges65€0.1m€0.08m▼
Profit (loss) for the period before taxes9903€0.3m€0.2m▼
Profit (loss) for the period9904€0.3m€0.2m▼
Profit (loss) for the period to be appropriated9905€0.3m€0.2m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.2m€0.4m▲
Profit (loss) brought forward from the previous period14P-€0.07m€0.2m▲
Profit to be distributed694/7-€0.02m
Return on contributions (dividend)694-€0.02m

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€698€1,104€0▼ 100%
Other operating charges640/8€384€387€998▲ 158%
Gross operating margin9900-€54,463€89,690€74,326▼ 17.1%
Operating profit (loss)9901-€55,546€88,198€73,327▼ 16.9%
Financial income75/76B€0€302,667€205,333▼ 32.2%
Recurring financial income75€0€302,667€205,333▼ 32.2%
Financial charges65/66B€18,572€95,538€77,547▼ 18.8%
Recurring financial charges65€18,572€95,538€77,547▼ 18.8%
Profit (loss) for the period before taxes9903-€74,118€295,327€201,114▼ 31.9%
Profit (loss) for the period9904-€74,118€295,327€201,114▼ 31.9%
Profit (loss) for the period to be appropriated9905-€74,118€295,327€201,114▼ 31.9%
Line202320242025Change
Assets
Total assets20/58€2.4m€2.4m€2.4m▼ 0.4%
Formation expenses20€0.001m€0--
Fixed assets21/28€2.4m€2.2m€2.3m▲ 2.0%
Financial fixed assets28€2.4m€2.2m€2.3m▲ 2.0%
Current assets29/58€0.04m€0.2m€0.1m▼ 29.2%
Amounts receivable within one year40/41€0.03m€0.001m€0.1m▲ 12,600%
Trade receivables40€0.03m€0--
Other amounts receivable41€0.009m€0.001m€0.1m▲ 12,600%
Cash at bank and in hand54/58€0.01m€0.2m€0.03m▼ 82.7%
Equity and liabilities
Total equity and liabilities10/49€2.4m€2.4m€2.4m▼ 0.4%
Equity10/15€0.3m€0.6m€0.8m▲ 32.6%
Contributions10/11€0.4m€0.4m€0.4m=
Profit (loss) carried forward14-€0.07m€0.2m€0.4m▲ 84.1%
Amounts payable17/49€2.1m€1.8m€1.7m▼ 10.6%
Amounts payable after more than one year17€1.8m€1.6m€1.3m▼ 17.0%
Financial debts170/4€1.8m€1.6m€1.3m▼ 17.0%
Amounts payable within one year42/48€0.3m€0.3m€0.3m▲ 27.6%
Current portion of amounts payable after more than one year42€0.2m€0.3m€0.3m▲ 4.6%
Trade debts44€0.03m€0.001m€0.001m▲ 26.0%
Suppliers440/4€0.03m€0.001m€0.001m▲ 26.0%
Taxes, remuneration and social security45-€0.004m€0.003m▼ 18.8%
Taxes450/3-€0.004m€0.003m▼ 18.8%
Other amounts payable47/48€0.09m€0€0.06m-
Accrued charges and deferred income492/3-€0.006m€0.006m▲ 2.1%
Line202320242025Change
Profit (loss) for the period9904-€74,118€295,327€201,114▼ 31.9%
+ Depreciation and write-downs630€698€1,104€0▼ 100%
Operating cash flow (approximation)-€73,420€296,431€201,114▼ 32.2%
Investment in fixed assets (approximation)-€121,164-€45,544-
Change in cash-€179,049-€156,197-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (3)
Financial year Type Filed Reference
31-12-2025 abbreviated format 16-06-2026 2026-00164858
31-12-2024 full format 19-05-2025 2025-00101928
31-12-2023 micro format 28-06-2024 2024-00196412

Similar companies · same sector, comparable size

Of the 82,425 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 53,918. 31,133 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

1 owner

Chain of control

  1. PS CONSULT 80%
  2. PITECO

Highest known parent: PS CONSULT. The sources do not say who stands above it.

Owners 1

According to the 2025 annual accounts of PITECO and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.

Group and network

Holdings and subsidiaries

2 holdings · 3 subsidiaries in the tree

Holdings 2

Source for every holding own accounts 2025

  • dHFoxsubsidiary
    Equity €752,840Result €97,600
    100%
  • Equity €1.5mResult €137,392
    2.67%+ 97.33% via subsidiaries
All subsidiaries, including indirect ones 3

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

According to the 2025 annual accounts of PITECO and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

Depth

The network starts from this company’s shareholders. What else they own or run appears here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

PITECO was incorporated on 13 July 2023 as a private limited company.1 Total assets went from €2.4m in 2023 to €2.4m in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2023 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
16-06
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
19-05
NBB filing Annual accounts filed
financial year 2024 · full format
2024
31-12
Financial Back to profitnet €295,327
Net result €295,327 after one loss-making year.
31-12
Financial Equity above €500,000equity €571,209 ▲107%
Equity rises from €275,882 to €571,209.
28-06
NBB filing Annual accounts filed
financial year 2023 · micro format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 2 deeds read
About the unread acts

We know of 2 Belgian Official 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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Register details

Identification
Legal formPrivate limited company
Founded13-07-2023
Financial year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID 0208:0803924221
Registered 20-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 22 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 2023
registered office establishment The establishment unit on the map
Ground area
980 m²
Building footprint
185 m²
Building volume
1,122 m³
Parcel 21614H0055/00E076, Brussels · tallest building 9.0 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
PITECO
Hagedoornlaan 175, 1180 UkkelBusiness and other management consultancy
since 2023unit no. 2.347.814.229
1 parcel
Brussels 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
21614H0055/00E076 Brussels 980 m² 1 · 185 m² 9.0 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.