Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2024; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
PI2 from Brugge, company number BE0432923965, closed financial year 2024 with a result of € -54,738 after tax. For that financial year PI2 recorded a gross margin of € -48,978 and equity of € -230,918. Compared with financial year 2023, the result moved from € 533,304 to € -54,738. The company made a loss. 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 August 13, 2025.
€ -230,918
▼ € 54,738 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -54,738
▼ still € 533,304 profit in 2023
Profit after tax over the fiscal year.
€ 3,527
▼ 60% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -827,673.
Debts at end 2024
€ 369,315
Loans from banks and other lenders, long and short.
€ 1,099
▼ 95% vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -17,343 | € 15,169 | € 564,178 | € -48,978 | ▼ € 613,156 |
| Profit after taxes | € -50,652 | € -23,499 | € 533,304 | € -54,738 | ▼ € 588,042 |
| Equity | € -138,086 | € -161,585 | € -176,180 | € -230,918 | ▼ € 54,738 |
| Total debts | € 1,385,088 | € 1,418,769 | € 746,597 | € 790,725 | ▲ 6% |
| Cash | € 280 | € 36,927 | € 8,740 | € 3,527 | ▼ 60% |
| Land & buildings | € 891,238 | € 865,306 | € 210,580 | € 554,820 | ▲ 163% |
| Retained profit | € -1,282,740 | € -1,306,239 | € -772,935 | € -827,673 | ▼ € 54,738 |
| Bank debt | € 684,315 | € 684,315 | € 369,315 | € 369,315 | |
| Balance sheet total | € 1,247,002 | € 1,257,184 | € 570,417 | € 559,807 | ▼ 2% |
Key figures of PI2, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to PI2?
What happened at PI2 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 54,738 (▼ € 588,042 vs 2023). filed late Source: NBB ↗
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 50,652 loss in 2021 to € 54,738 loss in 2024.
Best year ever: 2023, with € 533,304 profit.
A new publication or filing at PI2? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind PI2 are Inge Van Driessche and Christopher Hipwood.
Directors
According to the 2024 annual accounts
Inge Van Driessche
Managing director
Christopher Hipwood
Director
Establishments
Establishment units
Physical locations of this company
Koudemarkt 12
8000 Brugge
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0432.923.965
- VAT number
- BE 0432.923.965
- Registered office
- Koudemarkt 12, 8000 Brugge
- Names & denominations
- PI2
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 November 1987
- Peppol
- Not registered