Equity
€951,314 ▲ 6.0%
PITS has made a profit without a break since 2021.
PITS
Lifetime
18 annual accounts with figures on one time axis, 23 filings since 2002peak €373,647 (2017)
€125,943▲ 89.2%
lowest -€24,699 (2019)
€54,258▲ 150%
peak €951,314 (2025)
€951,314▲ 6.0%
€411,152▲ 68.7%
Board1 name since 2001
1 director
Documentsfilings and deeds
18-05-202618 days late
2025micro format
Gross margin from €66,575 to €125,943Result from €21,740 to €54,258Debts from €243,726 to €411,152Investments €58,338Cash from €141,596 to €203,770
Key points
from the 2025 annual accountsTurnover
≈ €630,000 estimated
The micro format states no turnover.
Debts
€411,152 ▲ 68.7%
Debts rose by €167,426 in 2025.
Investments
€58,338 2.0 × depreciation
Green is investment, beige is depreciation.
Filings
23 annual accounts since 2002
Five of the last ten came late. The 2017 accounts came latest: 122 days after the end of the period.
Position in the sector
€951,314
More equity than 95% of companies in retail trade. Sector median €40,895 · 25,288 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 14,769 companies had the same profile as PITS has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 14,769 companies, not a prediction for PITS. 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
Purpose change · Amendment of the articles
“Het verwerven van participaties in eender welke vorm in alle bestaande of op te richten rechtspersonen en…” (deed in Dutch) · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0474977722
Appointment: (director)
Legal-form conversion: from private limited company (pre-2019) to private limited company · Gazette deed
First establishment
wijnfavorieten.be, Jan Frans Gellyncklaan 262, Hove
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PITS Hove | €1.4m | €125,943 | 69.8% | - |
| TIGER WINE AGENCY Izegem | €1.1m | €140,397 | 9.7% | 0.7 |
| LOLIPOPS Antwerp | €1.8m | €225,884 | 54.6% | - |
| TASTTOE Boortmeerbeek | €1.3m | €96,909 | 41.7% | 1.9 |
| FRANK FISSETTE Diepenbeek | €1.2m | €260,241 | 73.2% | 1 |
| NEYT WIJNHANDEL Lievegem | €1.7m | €254,571 | 42.1% | - |
| FRAN Izegem | €2.2m | €177,182 | 51.0% | 1.6 |
These companies have the same main activity as PITS: retail sale of wines and spirits (NACE 47251). They are comparable in size and age: total assets between €1.1m and €2.2m, founded between 1999 and 2006.
Official details
Source: KBO- Status
- Active since 12-06-2001Normal situation
- Activity
- Retail sale of wines and spiritsNACE 47251and 4 others
- Establishment unit
- 2.116.366.1902540 Hove, since 28-06-2001
- Financial year end
- 30 September
- Peppol
- Reachable since 19-12-2025
Insights on PITS
PITS files the micro format. That format states no turnover. The gross margin rose from €62,597 in 2007 to €125,943 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 PITS
- What is the company number of PITS?
- The company number of PITS is 0474.977.722. The VAT number is the same number with BE in front: BE 0474.977.722.
- Where is PITS based?
- The registered office is at Jan Frans Gellyncklaan 262, 2540 Hove.Company details
- What does PITS do?
- According to the KBO register, the main activity is retail sale of wines and spirits (NACE 47251).
- What is the legal form of PITS?
- PITS is a private limited company (BV).
- When was PITS founded?
- PITS was founded on 12-06-2001.
- Is PITS still active?
- Yes, PITS is an active enterprise in the KBO register.
- What is the turnover of PITS?
- The turnover in financial year 2025 is ≈ €630,000. This figure is estimated from the gross margin of €125,943 and 44 comparable companies (NACE 472). It probably lies between €410,000 and €1.0m.Financials
- Is PITS profitable?
- In financial year 2025, PITS made a profit of €54,258.
- Where can I find the annual accounts of PITS?
- PITS filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PITS due?
- PITS must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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