Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 2.4 to 1.8.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
PITT from Deinze, company number BE0440176892, closed financial year 2025 with a result of € 410,874 after tax. For that financial year PITT recorded a gross margin of € 1.9 million and equity of € 327,643. Compared with financial year 2024, the result moved from € -158,547 to € 410,874. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ 327,643
▲ € 475,921 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 410,874
▲ still € 158,547 loss in 2024
Profit after tax over the fiscal year.
€ 628,882
▲ € 588,146 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 € 134,118.
People and assets in 2025
1.8
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 90,873
▼ 11% vs 2024
€ 50,500 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.
€ 1,336
▼ 49% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1,066
▼ € 283,676 vs 2024
Loans from banks and other lenders, long and short.
€ 50,755
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,585
▼ 34% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 42,188 | € 117,827 | € 19,604 | € 1,898,629 | ▲ € 1.9 million |
| Profit after taxes | € -120,862 | € -86,863 | € -158,547 | € 410,874 | ▲ € 569,421 |
| Equity | € 97,132 | € 10,269 | € -148,278 | € 327,643 | ▲ € 475,921 |
| Total debts | € 644,347 | € 669,330 | € 669,103 | € 246,765 | ▼ 63% |
| Cash | € 29,748 | € 12,167 | € 40,737 | € 628,882 | ▲ € 588,146 |
| Land & buildings | € 230,313 | € 214,625 | € 211,624 | € 3,411 | ▼ 98% |
| Retained profit | € -76,393 | € -163,256 | € -321,803 | € 134,118 | ▲ € 455,921 |
| Bank debt | € 248,493 | € 260,458 | € 284,742 | € 1,066 | ▼ € 283,676 |
| Balance sheet total | € 741,479 | € 679,599 | € 520,825 | € 1,064,309 | ▲ 104% |
| Employees (FTE) | 2.7 | 2.4 | 2.2 | 1.8 | ▼ 0.4 |
Key figures of PITT, 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 PITT?
What happened at PITT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 410,874. Source: NBB ↗
- Jeroen Ellegiers became a director. NBB
- FUERA BV stepped down as director. NBB
- FUERA BV became a director. NBB
- New establishment in Deinze. KBO
- Start of the company according to the CBE. KBO
In short
From € 120,862 loss in 2022 to € 410,874 profit in 2025.
Paid € 2,156 in corporate taxes since 2022.
Best year ever: 2025, with € 410,874 profit.
On average € 1.1 million of value added per employee in 2025.
Management
The stake of FUERA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PITTBehind PITT is Jeroen Ellegiers. The shares are held by FUERA (100%).
Establishments
Establishment units
Physical locations of this company
Emiel Clauslaan 56
9800 Deinze
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0440.176.892
- VAT number
- BE 0440.176.892
- Registered office
- Emiel Clauslaan 56, 9800 Deinze
- Names & denominations
- PITT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 March 1990
- Peppol
- Active · Active since 5 Jun 2025
- Contact
- pitt.be [email protected] 093715922
- Activities · NACE
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