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.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ONE Pigeon Europe from Geraardsbergen, company number BE0433024034, closed financial year 2025 with a result of € -5,011 after tax. For that financial year ONE Pigeon Europe recorded a gross margin of € -4,306 and equity of € -101,526. Compared with financial year 2024, the result moved from € -5,634 to € -5,011. 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 20, 2026.
€ -101,526
▼ € 5,011 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,011
▲ 11 % less loss than in 2024
Profit after tax over the fiscal year.
€ 210
▼ 78% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -132,513.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 6,383
▲ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -3,990 | € -9,918 | € -4,782 | € -4,306 | ▲ € 476 |
| Profit after taxes | € -4,398 | € -11,091 | € -5,634 | € -5,011 | ▲ € 623 |
| Equity | € -79,790 | € -90,881 | € -96,515 | € -101,526 | ▼ € 5,011 |
| Total debts | € 86,164 | € 98,093 | € 103,525 | € 107,624 | ▲ 4% |
| Cash | € 359 | € 1,108 | € 969 | € 210 | ▼ 78% |
| Retained profit | € -110,777 | € -121,868 | € -127,502 | € -132,513 | ▼ € 5,011 |
| Balance sheet total | € 6,373 | € 7,212 | € 7,010 | € 6,098 | ▼ 13% |
Key figures of ONE Pigeon Europe, 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 ONE Pigeon Europe?
What happened at ONE Pigeon Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5,011. filed late Source: NBB ↗
- New establishment in Geraardsbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,398 loss in 2022 to € 5,011 loss in 2025.
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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 ONE Pigeon Europe is Rudy Vunck.
Directors
According to the 2025 annual accounts
Rudy Vunck
Director
Establishments
Establishment units
Physical locations of this company
Alfonslaan(Oph) 9
9500 Geraardsbergen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0433.024.034
- VAT number
- BE 0433.024.034
- Registered office
- Alfonslaan(Oph) 9, 9500 Geraardsbergen
- Names & denominations
- ONE Pigeon Europe
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 January 1988
- Peppol
- Active · Active since 13 Jan 2026
- Contact
- [email protected]
- Activities · NACE
Groothandel in levende dieren, muv levend vee
Groothandel in levende dieren