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 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
PINOCCHIO from Gent, company number BE0437126243, closed financial year 2024 with a result of € -43,875 after tax. For that financial year PINOCCHIO recorded a gross margin of € 51,077 and equity of € -28,690. Compared with financial year 2023, the result moved from € -5,766 to € -43,875. 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 30, 2025.
€ -28,690
▼ € 43,875 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -43,875
▼ 661 % more loss than in 2023
Profit after tax over the fiscal year.
€ 23,387
▲ 49% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -47,282.
People and assets in 2024
1.3
Average over the fiscal year, from the social balance sheet.
€ 81,373
▲ 11% vs 2023
€ 62,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 26,280
▲ € 21,091 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 14,951
▲ 6% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 68,433 | € 100,613 | € 89,781 | € 51,077 | ▼ 43% |
| Profit after taxes | € 28,919 | € 19,757 | € -5,766 | € -43,875 | ▼ € 38,109 |
| Equity | € 1,194 | € 20,951 | € 15,185 | € -28,690 | ▼ € 43,875 |
| Total debts | € 73,674 | € 69,324 | € 47,390 | € 77,326 | ▲ 63% |
| Cash | € 35,567 | € 34,612 | € 15,653 | € 23,387 | ▲ 49% |
| Land & buildings | - | - | € 22,275 | - | |
| Retained profit | € -17,398 | € 2,359 | € -3,407 | € -47,282 | ▼ € 43,875 |
| Bank debt | € 0 | € 11,291 | € 8,451 | € 0 | ▼ 100% |
| Balance sheet total | € 74,868 | € 90,275 | € 62,575 | € 48,636 | ▼ 22% |
| Employees (FTE) | - | - | - | 1.3 |
Key figures of PINOCCHIO, 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 PINOCCHIO?
What happened at PINOCCHIO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 43,875. filed late Source: NBB ↗
- Deepak Pokharel became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 28,919 profit in 2021 to € 43,875 loss in 2024.
Best year ever: 2021, with € 28,919 profit.
On average € 39,300 of value added per employee in 2024.
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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 PINOCCHIO is Deepak Pokharel. Deepak Pokharel is also behind FOODCENTER GENT.
Directors
According to the 2024 annual accounts
since 2024
Establishments
Establishment units
Physical locations of this company
Vlaanderenstraat 9
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.126.243
- VAT number
- BE 0437.126.243
- Registered office
- Vlaanderenstraat 9, 9000 Gent
- Names & denominations
- PINOCCHIO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 April 1989
- Peppol
- Active · Active since 1 Jul 2025
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Restaurants van het traditionele type
Eetgelegenheden met volledige bediening