Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Pilar from Namur, company number BE0405720910, closed financial year 2025 with a result of € 5,411 after tax. For that financial year Pilar recorded a gross margin of € 201,153 and equity of € -63,652. Compared with financial year 2024, the result moved from € -68,921 to € 5,411. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ -63,652
▲ € 5,411 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,411
▲ still € 68,921 loss in 2024
Profit after tax over the fiscal year.
€ 13,321
▼ 60% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -125,652.
Debts at end 2025
€ 2 million
▼ 6% vs 2024
€ 123,529 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 58,588
▲ 99% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,424
▲ 61% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,812 | € -3,488 | € 56,524 | € 201,153 | ▲ 256% |
| Profit after taxes | € -4,424 | € -7,666 | € -68,921 | € 5,411 | ▲ € 74,332 |
| Equity | € 7,524 | € -142 | € -69,063 | € -63,652 | ▲ € 5,411 |
| Total debts | € 12,914 | € 1,007,504 | € 2,291,737 | € 2,208,468 | ▼ 4% |
| Cash | € 2,073 | € 19,627 | € 33,338 | € 13,321 | ▼ 60% |
| Land & buildings | € 16,959 | € 985,908 | € 2,185,306 | € 2,097,303 | ▼ 4% |
| Retained profit | € -54,476 | € -62,142 | € -131,063 | € -125,652 | ▲ € 5,411 |
| Bank debt | € 0 | € 781,542 | € 2,137,706 | € 2,014,176 | ▼ 6% |
| Balance sheet total | € 20,438 | € 1,007,362 | € 2,222,674 | € 2,144,815 | ▼ 4% |
Key figures of Pilar, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Pilar?
What happened at Pilar in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- LMS & Partners BV stepped down as director. NBB
- Bart Van Gael stepped down as director. NBB
- Pierre Alphonse stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 5,411. Source: NBB ↗
- LMS & Partners BV became a director. NBB
- Pierre Alphonse became a director. NBB
- Bart Van Gael became a director. NBB
- New establishment in Namur. KBO
In short
From € 4,424 loss in 2022 to € 5,411 profit in 2025.
Best year ever: 2025, with € 5,411 profit.
Management
The stake of L.M.S. & PARTNERS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PilarThe shares are held by L.M.S. & PARTNERS (25%).
Directors
According to the 2025 annual accounts
since 2023 · until 2029
since 2021 · until 2029
Pierre Alphonse
Director
since 2023 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue des Acquises(NN) 14
5100 Namur
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0405.720.910
- VAT number
- BE 0405.720.910
- Registered office
- Rue des Acquises(NN) 14, 5100 Namur
- Names & denominations
- Pilar
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 May 1964
- Peppol
- Active · Active since 21 Nov 2025
- Activities · NACE
Pensions voor huisdieren