PIVOTONS
ActiveSummary
The computed 12-month bankruptcy probability of PIVOTONS is 2.7% (moderate). The 2025 annual accounts show equity of €224,309 and a net result of -€12,604. Equity is shrinking by ~4.5% per year across the filed fiscal years. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 6 accounts on average 15 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)
History
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Financials · fiscal year 2025, micro schema
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Peer companies
Historical observationOf the 3,441 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 90% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 3,441 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.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,280 | €21,745 | €21,736 | €21,736 | €21,736 | = |
| Other operating charges640/8 | €1,017 | €1,093 | €1,136 | €781 | €1,194 | ▲ 52.8% |
| Gross operating margin9900 | €13,929 | €13,347 | €13,249 | €11,818 | €11,912 | ▲ 0.8% |
| Operating profit (loss)9901 | -€7,368 | -€9,490 | -€9,623 | -€10,700 | -€11,018 | ▼ 3.0% |
| Financial income75/76B | €0 | €0 | €0 | - | - | - |
| Recurring financial income75 | €0 | €0 | €0 | - | - | - |
| Financial charges65/66B | €2,109 | €1,980 | €1,845 | €1,717 | €1,585 | ▼ 7.7% |
| Recurring financial charges65 | €2,109 | €1,980 | €1,845 | €1,717 | €1,585 | ▼ 7.7% |
| Profit (loss) for the period before taxes9903 | -€9,476 | -€11,470 | -€11,469 | -€12,417 | -€12,604 | ▼ 1.5% |
| Profit (loss) for the period9904 | -€9,476 | -€11,470 | -€11,469 | -€12,417 | -€12,604 | ▼ 1.5% |
| Profit (loss) for the period to be appropriated9905 | -€9,476 | -€11,470 | -€11,469 | -€12,417 | -€12,604 | ▼ 1.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €456,519 | €455,417 | €441,167 | €418,846 | €397,020 | ▼ 5.2% |
| Formation expenses20 | €338 | €0 | €0 | - | - | - |
| Fixed assets21/28 | €412,375 | €425,968 | €411,219 | €389,483 | €367,747 | ▼ 5.6% |
| Tangible fixed assets22/27 | €412,375 | €425,968 | €411,219 | €389,483 | €367,747 | ▼ 5.6% |
| Land and buildings22 | €381,850 | €366,107 | €350,364 | €334,621 | €318,878 | ▼ 4.7% |
| Other tangible fixed assets26 | €30,525 | €59,861 | €60,855 | €54,862 | €48,868 | ▼ 10.9% |
| Current assets29/58 | €43,806 | €29,449 | €29,948 | €29,363 | €29,274 | ▼ 0.3% |
| Amounts receivable within one year40/41 | €15,000 | €0 | €0 | - | - | - |
| Trade receivables40 | €15,000 | €0 | €0 | - | - | - |
| Cash at bank and in hand54/58 | €28,125 | €28,709 | €29,133 | €28,494 | €28,362 | ▼ 0.5% |
| Deferred charges and accrued income490/1 | €682 | €740 | €815 | €869 | €911 | ▲ 4.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €456,519 | €455,417 | €441,167 | €418,846 | €397,020 | ▼ 5.2% |
| Equity10/15 | €272,268 | €260,798 | €249,329 | €236,912 | €224,309 | ▼ 5.3% |
| Contributions10/11 | €300,000 | €300,000 | €300,000 | €300,000 | €300,000 | = |
| Profit (loss) carried forward14 | -€27,732 | -€39,202 | -€50,671 | -€63,088 | -€75,691 | ▼ 20.0% |
| Amounts payable17/49 | €184,251 | €194,620 | €191,838 | €181,933 | €172,712 | ▼ 5.1% |
| Amounts payable after more than one year17 | €123,061 | €114,098 | €103,387 | €93,337 | €83,143 | ▼ 10.9% |
| Financial debts170/4 | €123,061 | €114,098 | €103,387 | €93,337 | €83,143 | ▼ 10.9% |
| Amounts payable within one year42/48 | €61,191 | €80,522 | €88,450 | €88,596 | €89,568 | ▲ 1.1% |
| Current portion of amounts payable after more than one year42 | €9,632 | €8,963 | €9,904 | €10,050 | €10,194 | ▲ 1.4% |
| Trade debts44 | - | - | - | - | €1,042 | - |
| Suppliers440/4 | - | - | - | - | €1,042 | - |
| Other amounts payable47/48 | €51,559 | €71,559 | €78,546 | €78,546 | €78,332 | ▼ 0.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,476 | -€11,470 | -€11,469 | -€12,417 | -€12,604 | ▼ 1.5% |
| + Depreciation and write-downs630 | €20,280 | €21,745 | €21,736 | €21,736 | €21,736 | = |
| Operating cash flow (approximation) | €10,804 | €10,274 | €10,268 | €9,319 | €9,133 | ▼ 2.0% |
| Investment in fixed assets (approximation) | - | -€35,338 | -€6,987 | €0 | €0 | - |
| Change in cash | - | €585 | €424 | -€639 | -€132 | ▲ 79.4% |
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
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25044D0425/00C000 | Wallonia | 1,270 m² | 1 · 337 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 30 September 2026 · Peppol Directory
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