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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Tight liquidity NBB
Cash and receivables cover 41 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
2 (Pi) R from Namur, company number BE0441086813, closed financial year 2025 with a result of € 295,693 after tax. For that financial year 2 (Pi) R recorded a gross margin of € 402,250 and equity of € 23,328. Compared with financial year 2024, the result moved from € 17,726 to € 295,693. Profitable, and profit is growing. The buffer shrank hard: equity is 78 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 31, 2026.
€ 23,328
▼ 78% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 295,693
▲ € 277,966 vs 2024
Profit after tax over the fiscal year.
€ 10,187
▲ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 376,969 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 600
▼ 54% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 37,719
▼ 28% vs 2024
€ 13,862 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 3,507
▼ 47% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,419
▼ 6% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 34,232 | € 47,014 | € 50,567 | € 402,250 | ▲ € 351,682 |
| Profit after taxes | € -1,780 | € 11,686 | € 17,726 | € 295,693 | ▲ € 277,966 |
| Equity | € 97,993 | € 101,279 | € 104,605 | € 23,328 | ▼ 78% |
| Total debts | € 118,714 | € 97,903 | € 79,408 | € 60,113 | ▼ 24% |
| Cash | - | € 7,839 | € 10,102 | € 10,187 | ▲ 1% |
| Land & buildings | € 169,675 | € 155,382 | € 146,027 | € 41,563 | ▼ 72% |
| Retained profit | € 79,093 | € 82,379 | € 85,705 | € 4,428 | ▼ 95% |
| Dividend | € 0 | € 8,400 | € 14,400 | € 376,969 | ▲ € 362,569 |
| Bank debt | € 86,633 | € 80,889 | € 52,581 | € 37,719 | ▼ 28% |
| Balance sheet total | € 231,171 | € 212,206 | € 195,597 | € 84,548 | ▼ 57% |
Key figures of 2 (Pi) R, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to 2 (Pi) R?
What happened at 2 (Pi) R in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jean-Pierre WARGNIES stepped down as director. NBB
- Françoise BOVESSE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 295,693 (▲ € 277,966 vs 2024). filed late Source: NBB ↗
- Jean-Pierre WARGNIES became a director. NBB
- Françoise BOVESSE became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,780 loss in 2022 to € 295,693 profit in 2025.
Paid € 118,029 in corporate taxes since 2022.
Best year ever: 2025, with € 295,693 profit.
Paid out € 399,769 in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Françoise BOVESSE
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Rue Champs-de-Malonne(ML) 65
5020 Namur
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0441.086.813
- VAT number
- BE 0441.086.813
- Registered office
- Rue Champs-de-Malonne(ML) 65, 5020 Namur
- Names & denominations
- 2 (Pi) R
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 July 1990
- Peppol
- Active · Active since 26 Jan 2026
- Activities · NACE
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