PITT MANAGEMENT
ActiveSummary
For the legal form of PITT MANAGEMENT, Checked does not compute a bankruptcy probability. The 2025 annual accounts show equity of €35,837 and a net result of -€8,486. Equity is shrinking by ~10% per year across the filed fiscal years. The company has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-2
Solvency90▼-9
Growth32=
Track record100
Credit verdict
Credit up to €1,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.94 against 1.23 in 2024; short-term debt: 35.2% and cash: 0.1% of total assets), and 35.2% of the assets are financed with debt.
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€8,486
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
on the day
2023
on the day
2022
30 d late
2021
31 d late
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 31 days after 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€35,837▼ 19.1%
2024 · €44,323
Total assets
€55,287▼ 7.2%
2024 · €59,545
Net result
-€8,486▼ 7.2%
2024 · -€7,918
Working capital
-€1,216
2024 · €3,548
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
Line20212022202320242025
Operating result-€1,577▲ 78.3%-€7,712▼ 389%-€8,127▼ 5.4%-€7,931▲ 2.4%-€8,439▼ 6.4%
Net result-€1,432▲ 81.5%-€7,615▼ 432%-€8,114▼ 6.5%-€7,918▲ 2.4%-€8,486▼ 7.2%
Equity€67,971▼ 2.1%€60,355▼ 11.2%€52,242▼ 13.4%€44,323▼ 15.2%€35,837▼ 19.1%
Total assets€82,805▼ 2.2%€75,190▼ 9.2%€67,460▼ 10.3%€59,545▼ 11.7%€55,287▼ 7.2%
Debt€14,834▼ 2.8%€14,834=€15,219▲ 2.6%€15,222=€19,449▲ 27.8%
Working capital€15,709▼ 12.4%€11,976▼ 23.8%€7,745▼ 35.3%€3,548▼ 54.2%-€1,216
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8,439 in 2025 against €7,931 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €55,287
Fixed assets
€37,054 ▼ 9.1%
Current assets
€18,233 ▼ 2.9%
Equity and liabilities €55,287
Equity
€35,837 ▼ 19.1%
Debt
€19,449 ▲ 27.8%
Debt's share of the balance-sheet total rises from 25.6% to 35.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€4,718▼
2024 · -€4,209
Cash flow
-€4,764▼
2024 · -€4,197
Current ratio
0.94▼
2024 · 1.23
Debt to equity
0.54▲
2024 · 0.34
ROE
-23.7%▼
2024 · -17.9%
ROA
-15.3%▼
2024 · -13.3%
Interest coverage
-11.71▲
2024 · -11.85
Debt ≤ 1 year
€19,449▲
2024 · €15,222
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,882 | €3,882 | €3,883 | €3,722 | €3,722 | = |
| Other operating charges640/8 | €1,814 | €1,492 | €1,636 | €1,694 | €1,720 | ▲ 1.5% |
| Gross operating margin9900 | €4,118 | -€2,338 | -€2,609 | -€2,515 | -€2,998 | ▼ 19.2% |
| Operating profit (loss)9901 | -€1,577 | -€7,712 | -€8,127 | -€7,931 | -€8,439 | ▼ 6.4% |
| Financial income75/76B | €606 | €353 | €360 | €368 | €356 | ▼ 3.0% |
| Recurring financial income75 | €606 | €353 | €360 | €368 | €356 | ▼ 3.0% |
| Financial charges65/66B | €461 | €257 | €347 | €355 | €403 | ▲ 13.4% |
| Recurring financial charges65 | €461 | €257 | €347 | €355 | €403 | ▲ 13.4% |
| Profit (loss) for the period before taxes9903 | -€1,432 | -€7,615 | -€8,114 | -€7,918 | -€8,486 | ▼ 7.2% |
| Profit (loss) for the period9904 | -€1,432 | -€7,615 | -€8,114 | -€7,918 | -€8,486 | ▼ 7.2% |
| Profit (loss) for the period to be appropriated9905 | -€1,432 | -€7,615 | -€8,114 | -€7,918 | -€8,486 | ▼ 7.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €82,805 | €75,190 | €67,460 | €59,545 | €55,287 | ▼ 7.2% |
| Fixed assets21/28 | €52,262 | €48,380 | €44,497 | €40,775 | €37,054 | ▼ 9.1% |
| Tangible fixed assets22/27 | €52,262 | €48,380 | €44,497 | €40,775 | €37,054 | ▼ 9.1% |
| Land and buildings22 | €52,262 | €48,380 | €44,497 | €40,775 | €37,054 | ▼ 9.1% |
| Current assets29/58 | €30,543 | €26,810 | €22,963 | €18,770 | €18,233 | ▼ 2.9% |
| Amounts receivable within one year40/41 | €27,591 | €18,017 | €18,377 | €18,745 | €18,175 | ▼ 3.0% |
| Other amounts receivable41 | €27,591 | €18,017 | €18,377 | €18,745 | €18,175 | ▼ 3.0% |
| Cash at bank and in hand54/58 | €2,952 | €8,793 | €4,586 | €25 | €58 | ▲ 135% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €82,805 | €75,190 | €67,460 | €59,545 | €55,287 | ▼ 7.2% |
| Equity10/15 | €67,971 | €60,355 | €52,242 | €44,323 | €35,837 | ▼ 19.1% |
| Contributions10/11 | €137,000 | €137,000 | €137,000 | €137,000 | €137,000 | = |
| Capital10 | €137,000 | €137,000 | €137,000 | €137,000 | €137,000 | = |
| Issued capital100 | €137,000 | €137,000 | €137,000 | €137,000 | €137,000 | = |
| Profit (loss) carried forward14 | -€69,029 | -€76,645 | -€84,758 | -€92,677 | -€101,163 | ▼ 9.2% |
| Amounts payable17/49 | €14,834 | €14,834 | €15,219 | €15,222 | €19,449 | ▲ 27.8% |
| Amounts payable within one year42/48 | €14,834 | €14,834 | €15,219 | €15,222 | €19,449 | ▲ 27.8% |
| Current portion of amounts payable after more than one year42 | €0 | - | - | - | - | - |
| Trade debts44 | €0 | - | €384 | €387 | €1,600 | ▲ 313% |
| Suppliers440/4 | €0 | - | €384 | €387 | €1,600 | ▲ 313% |
| Other amounts payable47/48 | €14,834 | €14,834 | €14,834 | €14,834 | €17,849 | ▲ 20.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,432 | -€7,615 | -€8,114 | -€7,918 | -€8,486 | ▼ 7.2% |
| + Depreciation and write-downs630 | €3,882 | €3,882 | €3,883 | €3,722 | €3,722 | = |
| Operating cash flow (approximation) | €2,450 | -€3,734 | -€4,231 | -€4,197 | -€4,764 | ▼ 13.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €5,840 | -€4,207 | -€4,561 | €33 | ▲ 101% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet -€8,486
Net result drops to -€8,486, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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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Directors · office · real estate
Directors
4 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, Schoten · 1 establishment unit since 1992
Ground area
2,718 m²
Building footprint
262 m²
Volume, LiDAR
1,777 m³
Parcel 11040D0184/00S007, Flanders · tallest building 11.4 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
PITT
since 19922.056.687.634
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11040D0184/00S007 | Flanders | 2,718 m² | 1 · 262 m² | 11.3 m · 2 fl. |
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.
Identification & contact
Identification
Legal formPartnership limited by shares
Founded24-02-1992
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0446728946
Also
9925:BE0446728946
Registered
11-02-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.