PITTALOFT
ActiveThe computed 12-month bankruptcy probability of PITTALOFT is 3.8% (moderate). The 2024 annual accounts show equity of €26k and a net result of €42k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 43% of 18942 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+98
Solvency46▲+34
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
3.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.08 against 0.66 in 2023; short-term debt: 71.8% and cash: 72.9% of total assets), and 78.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
21.2%
Return on assets
33.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-10-2025, 70 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
70 d late
2023
98 d late
2022
320 d late
2021
304 d late
2020
212 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€26k
2023 · €-16k
2020: €16k
2021: €20k
2022: €11k
2023: €-16k
2020 → 2024
Total assets
€125k▲ 7.2%
2023 · €117k
2020: €108k
2021: €112k
2022: €107k
2023: €117k
2020 → 2024
Net result
€42k
2023 · €-27k
2020: €-3k
2021: €4k
2022: €-8k
2023: €-27k
2020 → 2024
Working capital
€7k
2023 · €-39k
2020: €-13k
2021: €-4k
2022: €-6k
2023: €-39k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€16k-€20k▲ 22.6%€11k▼ 43.1%€-16k€26k
Operating result€-467-€5k€-8k€-24k▼ 213%€53k
Net result€-3k-€4k€-8k€-27k▼ 218%€42k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €53k after a loss of €24k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €125k
Fixed assets
€28k▼ 32.3%
Current assets
€97k▲ 29.2%
Equity and liabilities €125k
Equity
€26k
Debt
€98k
Debt finances 78.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€74k▲
2023 · €545
Cash flow
€63k▲
2023 · €-2k
Solvency
21.2%▲
2023 · -13.5%
Current ratio
1.08▲
2023 · 0.66
Quick ratio
1.03▲
2023 · 0.61
Debt / equity
3.73▲
2023 · -8.41
ROE
159.5%
ROA
33.7%▲
2023 · -23.0%
Interest coverage
907.16▲
2023 · 0.20
Debt
€98k▼
2023 · €132k
Debt ≤ 1 year
€90k▼
2023 · €114k
Debt > 1 year
€9k▼
2023 · €18k
Income taxes
€11k
Staff costs
€62k▲
2023 · €50k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€117k€125k▲
Fixed assets21/28€42k€28k▼
Intangible fixed assets21€10k-
Tangible fixed assets22/27€28k€25k▼
Plant, machinery and equipment23€4k€4k▼
Furniture and vehicles24€22k€20k▼
Other tangible fixed assets26€2k€500▼
Financial fixed assets28€4k€4k=
Current assets29/58€75k€97k▲
Stocks and contracts in progress3€5k€4k▼
Stocks30/36€5k€4k▼
Amounts receivable within one year40/41€699€1k▲
Other amounts receivable41€699€1k▲
Cash at bank and in hand54/58€69k€91k▲
Deferred charges and accrued income490/1€34-
Equity and liabilities
Total equity and liabilities10/49€117k€125k▲
Equity10/15€-16k€26k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-34k€8k▲
Amounts payable17/49€132k€98k▼
Amounts payable after more than one year17€18k€9k▼
Financial debts170/4€18k€9k▼
Amounts payable within one year42/48€114k€90k▼
Current portion of amounts payable after more than one year42€15k€16k▲
Trade debts44€26k€8k▼
Suppliers440/4€26k€8k▼
Taxes, remuneration and social security45€51k€66k▲
Taxes450/3€7k€23k▲
Remuneration and social security454/9€44k€43k▼
Other amounts payable47/48€21k-
Income statement
Code20232024
Non-recurring operating income76A€9k€3k▼
Remuneration, social security and pensions62€50k€62k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€21k▼
Other operating charges640/8€5k€4k▼
Gross operating margin9900€55k€141k▲
Operating profit (loss)9901€-24k€53k▲
Financial income75/76B€39€3▼
Recurring financial income75€39€3▼
Financial charges65/66B€3k€82▼
Recurring financial charges65€3k€82▼
Profit (loss) for the period before taxes9903€-27k€53k▲
Income taxes67/77-€11k
Profit (loss) for the period9904€-27k€42k▲
Profit (loss) for the period to be appropriated9905€-27k€42k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-34k€8k▲
Profit (loss) brought forward from the previous period14P€-7k€-34k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 70 days late
2024
31-12
Financial
Back to profitnet €42k
Net result €42k after 2 loss-making years.
06-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 98 days late
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 320 days late
2023
31-12
Financial
Weakest financial yearnet €-27k
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 304 days late
2022
28-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 212 days late
2021
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Antwerpen · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kapelsesteenweg 2152180 AntwerpenGround area
287 m²
Building footprint
167 m²
Volume, LiDAR
647 m³
Parcel 11363E0106/00T005, Flanders · tallest building 10.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
PITTALOFT
since 20192.295.031.975
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11363E0106/00T005 | Flanders | 287 m² | 1 · 167 m² | 10.6 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.295.031.975
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Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 8,324 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-10-2019
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.