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 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; 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 2025
PICCOLINO from Zele, company number BE0437355479, closed financial year 2025 with a result of € -9,601 after tax. For that financial year PICCOLINO recorded a gross margin of € -2,608 and equity of € -17,090. Compared with financial year 2024, the result moved from € -1,465 to € -9,601. 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 July 18, 2026.
€ -17,090
▼ € 9,601 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,601
▼ 555 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,688
▼ 48% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -35,682.
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.
€ 1,506
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 7,884 | € 11,196 | € 5,651 | € -2,608 | ▼ € 8,260 |
| Profit after taxes | € 864 | € 3,786 | € -1,465 | € -9,601 | ▼ € 8,135 |
| Equity | € -9,810 | € -6,024 | € -7,489 | € -17,090 | ▼ € 9,601 |
| Total debts | € 69,645 | € 56,811 | € 56,149 | € 60,427 | ▲ 8% |
| Cash | € 5,591 | € 849 | € 3,250 | € 1,688 | ▼ 48% |
| Land & buildings | € 50,585 | € 46,741 | € 42,897 | € 39,053 | ▼ 9% |
| Retained profit | € -28,402 | € -24,616 | € -26,081 | € -35,682 | ▼ € 9,601 |
| Balance sheet total | € 59,835 | € 50,787 | € 48,660 | € 43,338 | ▼ 11% |
Key figures of PICCOLINO, 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 PICCOLINO?
What happened at PICCOLINO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 9,601. Source: NBB ↗
- New establishment in Zele. KBO
- New establishment in Zele. KBO
- Start of the company according to the CBE. KBO
In short
From € 864 profit in 2022 to € 9,601 loss in 2025.
Paid € 413 in corporate taxes since 2022.
Best year ever: 2023, with € 3,786 profit.
Management
Behind PICCOLINO is Ingeborg De Brauwer.
Directors
According to the 2025 annual accounts
Ingeborg De Brauwer
Manager
Establishments
Establishment units
Physical locations of this company
Guido Gezellestraat 10
9240 Zele
Oudburgstraat 20
9240 Zele
Active since 2 February 1995
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.355.479
- VAT number
- BE 0437.355.479
- Registered office
- Guido Gezellestraat 10, 9240 Zele
- Names & denominations
- PICCOLINO
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 6 March 1989
- Peppol
- Not registered