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PITUFAB

Active
Private limited companyfounded 201313 yrs activeGulden-Vlieslaan 53, 1060 Sint-Gillis (bij-Brussel), BelgiumKBO/BCE: BE 0534.856.713
Summary

The computed 12-month bankruptcy probability of PITUFAB is 3.2% (moderate). The 2025 annual accounts show equity of €206,527 and a net result of -€56,862. Equity is growing by ~23.2% per year across the filed fiscal years. Its solvency ranks better than 66% of 826 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability3▼-42
Solvency70▲+1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
3.2% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 1.52 against 1.53 in 2024; short-term debt: 55.2% and cash: 48.1% of total assets), but 55.2% of the assets are financed with debt.
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Signals

Five 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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 13 years 0 20 y
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 2025
Solvency, return and age of the figures
Solvency
44.8%
Return on assets
-12.3%
Age of the figures
15 mo
neutral · A punctual record breaks
This company filed 7 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-02-2026, 23 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
23 d late
2024
on the day
2023
on the day
2022
1 d early
2021
3 d early
2020
2 d early
2019
11 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 1 day after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 31 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 31 May 2013, PITUFAB was incorporated.1 Total assets went from EUR 234,861 in 2019 to EUR 461,316 in 2025 and headcount from 25.4 to 11.5 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€56,862
2024 · €16,663
Working capital
€132,664▼ 26.3%
2024 · €179,946
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, 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
Line20212022202320242025
Operating result€87,841▲ 94.9%€187,520▲ 113%€6,939▼ 96.3%€5,244▼ 24.4%-€56,352
Net result€56,148within the sector's middle half▲ 33.3%€125,085above the sector's middle half▲ 123%€2,138within the sector's middle half▼ 98.3%€16,663within the sector's middle half▲ 679%-€56,862
Equity€119,504within the sector's middle half▲ 88.6%€244,588above the sector's middle half▲ 105%€246,726above the sector's middle half▲ 0.9%€263,389within the sector's middle half▲ 6.8%€206,527▼ 21.6%
Total assets€347,724within the sector's middle half▲ 20.1%€523,403within the sector's middle half▲ 50.5%€577,669within the sector's middle half▲ 10.4%€602,543within the sector's middle half▲ 4.3%€461,316▼ 23.4%
Debt€228,221▲ 0.9%€278,814▲ 22.2%€330,943▲ 18.7%€339,154▲ 2.5%€254,789▼ 24.9%
Working capital€77,528within the sector's middle half▲ 29.4%€201,733above the sector's middle half▲ 160%€223,356above the sector's middle half▲ 10.7%€179,946above the sector's middle half▼ 19.4%€132,664▼ 26.3%
Solvency34.4%within the sector's middle half▲ 12.5pp46.7%within the sector's middle half▲ 12.4pp42.7%within the sector's middle half▼ 4.0pp43.7%within the sector's middle half▲ 1.0pp44.8%▲ 1.1pp
Current ratio1.34within the sector's middle half▲ 0.071.72within the sector's middle half▲ 0.381.73above the sector's middle half=1.53within the sector's middle half▼ 0.201.52▼ 0.01
Return on assets (ROA)16.1%within the sector's middle half▲ 1.6pp23.9%above the sector's middle half▲ 7.8pp0.4%within the sector's middle half▼ 23.5pp2.8%within the sector's middle half▲ 2.4pp-12.3%▼ 15.1pp
Staff (FTE)21.8above the sector's middle half▼ 27.3%24.1above the sector's middle half▲ 10.6%28.9above the sector's middle half▲ 19.9%4.5within the sector's middle half▼ 84.4%11.5▲ 156%
above within below the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000Operating result 2021: €87,841€87,841Net result 2021: €56,148€56,148Operating result 2022: €187,520€187,520Net result 2022: €125,085€125,085Operating result 2023: €6,939€6,939Net result 2023: €2,138€2,138Operating result 2024: €5,244€5,244Net result 2024: €16,663€16,663Operating result 2025: -€56,352-€56,352Net result 2025: -€56,862-€56,86220212022202320242025-€60,000-€40,000-€20,000€0€20,000Operating result 2023: €6,939€6,940Net result 2023: €2,138€2,140Operating result 2024: €5,244€5,240Net result 2024: €16,663€16,700Operating result 2025: -€56,352-€56,400Net result 2025: -€56,862-€56,900202320242025
The operating result turns negative in 2025: a loss of €56,352 after €5,244 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €461,316
Fixed assets €73,863 ▼ 11.5%
Current assets €387,453 ▼ 25.4%
Equity and liabilities €461,316
Equity €206,527 ▼ 21.6%
Debt €254,789 ▼ 24.9%
Debt's share of the balance-sheet total falls from 56.3% to 55.2%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€45,963▼
2024 · €11,922
Cash flow
-€46,474▼
2024 · €23,341
Quick ratio
1.41▼
2024 · 1.46
Debt to equity
1.23▼
2024 · 1.29
ROE
-27.5%▼
2024 · 6.3%
Interest coverage
-6.80▼
2024 · 2.74
Debt ≤ 1 year
€254,789▼
2024 · €339,154
Income taxes
€1,283▼
2024 · €10,688
Staff costs
€630,602▼
2024 · €893,927
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 376 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 91% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
0.8% went bankrupt
6.6% stopped otherwise
91% still going

A further 1.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 376 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet Code20242025
Assets
Total assets20/58€602,543€461,316▼
Fixed assets21/28€83,444€73,863▼
Tangible fixed assets22/27€43,444€33,863▼
Plant, machinery and equipment23€8,097€6,120▼
Furniture and vehicles24€35,347€27,743▼
Financial fixed assets28€40,000€40,000=
Current assets29/58€519,099€387,453▼
Stocks and contracts in progress3€23,232€28,810▲
Stocks30/36€23,232€28,810▲
Amounts receivable within one year40/41€31,954€131,613▲
Trade receivables40-€20,957
Other amounts receivable41€31,954€110,656▲
Current investments50/53€150,000-
Cash at bank and in hand54/58€313,047€221,983▼
Deferred charges and accrued income490/1€867€5,048▲
Equity and liabilities
Total equity and liabilities10/49€602,543€461,316▼
Equity10/15€263,389€206,527▼
Contributions10/11€18,600€18,600=
Reserves13€244,000€244,000=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€242,140€242,140=
Profit (loss) carried forward14€790-€56,072▼
Amounts payable17/49€339,154€254,789▼
Amounts payable within one year42/48€339,154€254,789▼
Trade debts44€241,209€192,100▼
Suppliers440/4€241,209€192,100▼
Taxes, remuneration and social security45€89,990€62,689▼
Taxes450/3€10,545€386▼
Remuneration and social security454/9€79,445€62,304▼
Other amounts payable47/48€7,954-
Income statement Code20242025
Non-recurring operating income76A€939€8,086▲
Remuneration, social security and pensions62€893,927€630,602▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,678€10,388▲
Other operating charges640/8€2,447€2,065▼
Non-recurring operating charges66A€2,698-
Gross operating margin9900€910,994€586,703▼
Operating profit (loss)9901€5,244-€56,352▼
Financial income75/76B€26,464€7,535▼
Recurring financial income75€26,464€7,535▼
Financial charges65/66B€4,357€6,762▲
Recurring financial charges65€4,357€6,762▲
Profit (loss) for the period before taxes9903€27,351-€55,579▼
Income taxes67/77€10,688€1,283▼
Profit (loss) for the period9904€16,663-€56,862▼
Profit (loss) for the period to be appropriated9905€16,663-€56,862▼
Appropriation of the result
Profit (loss) to be appropriated9906€17,453-€56,072▼
Profit (loss) brought forward from the previous period14P€790€790=
Transfer to equity691/2€16,663-
To other reserves6921€16,663-
Social balance
Average headcount (FTE)90874.511.5▲

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A-€1,201-€939€8,086▲ 761%
Remuneration, social security and pensions62-€840,350€980,895€893,927€630,602▼ 29.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,478€1,604€1,526€6,678€10,388▲ 55.6%
Other operating charges640/8--€1,741€2,447€2,065▼ 15.6%
Non-recurring operating charges66A---€2,698--
Gross operating margin9900€745,389€1.0m€991,101€910,994€586,703▼ 35.6%
Operating profit (loss)9901€87,841€187,520€6,939€5,244-€56,352▼ 1,175%
Financial income75/76B-€2,216€1,512€26,464€7,535▼ 71.5%
Recurring financial income75€2,415€2,216€1,512€26,464€7,535▼ 71.5%
Financial charges65/66B-€9,251€3,479€4,357€6,762▲ 55.2%
Recurring financial charges65€3,149€9,251€3,479€4,357€6,762▲ 55.2%
Profit (loss) for the period before taxes9903€87,107€180,484€4,972€27,351-€55,579▼ 303%
Income taxes67/77€30,959€55,400€2,834€10,688€1,283▼ 88.0%
Profit (loss) for the period9904€56,148€125,085€2,138€16,663-€56,862▼ 441%
Profit (loss) for the period to be appropriated9905€56,148€125,085€2,138€16,663-€56,862▼ 441%
Line20212022202320242025Change
Assets
Total assets20/58€347,724€523,403€577,669€602,543€461,316▼ 23.4%
Fixed assets21/28€41,976€42,855€47,416€83,444€73,863▼ 11.5%
Tangible fixed assets22/27€1,976€2,855€7,416€43,444€33,863▼ 22.1%
Plant, machinery and equipment23-€2,855€1,861€8,097€6,120▼ 24.4%
Furniture and vehicles24--€5,555€35,347€27,743▼ 21.5%
Financial fixed assets28€40,000€40,000€40,000€40,000€40,000=
Current assets29/58€305,749€480,547€530,254€519,099€387,453▼ 25.4%
Stocks and contracts in progress3€16,286€19,857€28,060€23,232€28,810▲ 24.0%
Stocks30/36-€19,857€28,060€23,232€28,810▲ 24.0%
Amounts receivable within one year40/41€19,293€9,236€29,576€31,954€131,613▲ 312%
Trade receivables40-€1,825€25,000-€20,957-
Other amounts receivable41-€7,412€4,576€31,954€110,656▲ 246%
Current investments50/53---€150,000--
Cash at bank and in hand54/58€270,170€449,668€469,673€313,047€221,983▼ 29.1%
Deferred charges and accrued income490/1-€1,786€2,945€867€5,048▲ 482%
Equity and liabilities
Total equity and liabilities10/49€347,724€523,403€577,669€602,543€461,316▼ 23.4%
Equity10/15€119,504€244,588€246,726€263,389€206,527▼ 21.6%
Contributions10/11-€18,600€18,600€18,600€18,600=
Reserves13€100,114€225,198€227,336€244,000€244,000=
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311-€1,860€1,860€1,860€1,860=
Distributable reserves133-€223,338€225,476€242,140€242,140=
Profit (loss) carried forward14€790€790€790€790-€56,072▼ 7,199%
Amounts payable17/49€228,221€278,814€330,943€339,154€254,789▼ 24.9%
Amounts payable within one year42/48€228,221€278,814€306,898€339,154€254,789▼ 24.9%
Trade debts44€105,876€186,003€202,729€241,209€192,100▼ 20.4%
Suppliers440/4-€186,003€202,729€241,209€192,100▼ 20.4%
Taxes, remuneration and social security45-€86,847€98,204€89,990€62,689▼ 30.3%
Taxes450/3-€10,400€2,834€10,545€386▼ 96.3%
Remuneration and social security454/9-€76,447€95,370€79,445€62,304▼ 21.6%
Other amounts payable47/48-€5,965€5,965€7,954--
Accrued charges and deferred income492/3--€24,045---
Line20212022202320242025Change
Profit (loss) for the period9904€56,148€125,085€2,138€16,663-€56,862▼ 441%
+ Depreciation and write-downs630€1,478€1,604€1,526€6,678€10,388▲ 55.6%
Operating cash flow (approximation)€57,625€126,689€3,664€23,341-€46,474▼ 299%
Investment in fixed assets (approximation)--€2,484-€6,086-€42,706-€807▲ 98.1%
Change in cash-€179,498€20,005-€156,626-€91,064▲ 41.9%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
23-02
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 23 days late
2025
30-06
Financial Weakest financial yearnet -€56,862
Net result drops to -€56,862, the lowest in the series.
31-01
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-01
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
30-01
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
Financial Highest result since 2019net €125,085 ▲123%
Operating result €187,520, net result €125,085, both a record.
30-06
Financial Equity above €200,000Eq €244,588 ▲105%
3 profitable years in a row build equity to €244,588.
28-01
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
30-06
Financial Equity above €100,000Eq €119,504 ▲88.6%
2 profitable years in a row build equity to €119,504.
29-01
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
30-06
Financial Back to profitnet €42,106
Net result €42,106 after one loss-making year.
20-01
NBB filing Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
15-01
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
21-02
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 21 days late
2017
10-01
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2013
seat establishment The establishment unit on the map
Ground area
223 m²
Building footprint
222 m²
Volume, LiDAR
3,241 m³
Parcel 21013B0002/00K002, Brussels · tallest building 21.5 m, ±5 floors. Linked by address, not a title deed.
8 companies at this address See who is registered here
1 establishment unit
Quick
Gulden-Vlieslaan 53, 1060 Sint-Gillis (bij-Brussel)Limited-service restaurants
since 20132.219.410.478
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21013B0002/00K002 Brussels 222 m² 1 · 222 m² 21.5 m · 5 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Sint-Gillis2.219.410.478
1 permission
Toelating · Eetgelegenheid · since 20-02-2014

Similar companies · same sector, comparable size

Of 21,853 companies in sector 56112 we hold annual accounts for 9,777. 6,607 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
Founded31-05-2013
Fiscal year end30-06
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0534856713
Also 9925:BE0534856713
Registered 22-12-2025

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.