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 17 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 20.1 to 10.6.
-
Busy address KBO
35 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Piani from Arendonk, company number BE0461557672, closed financial year 2025 with a result of € -1.3 million after tax. For that financial year Piani recorded a gross margin of € -18,491 and equity of € -2.6 million. Compared with financial year 2024, the result moved from € -974,731 to € -1.3 million. 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 13, 2026.
€ -2.6 million
▼ € 1.3 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.3 million
▼ 37 % more loss than in 2024
Profit after tax over the fiscal year.
€ 48,743
▼ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.6 million.
People and assets in 2025
10.6
▼ 6.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 763,021
▼ 27% vs 2024
€ 72,000 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 2025
None
No bank loans on the last day of the fiscal year.
€ 49,157
▼ 75% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,523
▼ 61% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,121,967 | € 1,579,285 | € 258,270 | € -18,491 | ▼ € 276,760 |
| Profit after taxes | € 155,374 | € 105,622 | € -974,731 | € -1,332,488 | ▼ € 357,758 |
| Equity | € -363,244 | € -257,622 | € -1,232,353 | € -2,564,841 | ▼ € 1.3 million |
| Total debts | € 1,233,696 | € 2,319,784 | € 2,995,703 | € 2,944,576 | ▼ 2% |
| Cash | € 23,913 | € 79,580 | € 50,866 | € 48,743 | ▼ 4% |
| Land & buildings | € 7,503 | € 6,645 | € 5,788 | € 0 | ▼ 100% |
| Retained profit | € -424,744 | € -319,122 | € -1,293,853 | € -2,626,341 | ▼ € 1.3 million |
| Bank debt | € 400,000 | € 400,000 | € 0 | € 0 | |
| Balance sheet total | € 914,762 | € 2,127,356 | € 1,763,351 | € 639,735 | ▼ 64% |
| Employees (FTE) | 13.3 | 20.1 | 16.7 | 10.6 | ▼ 6.1 |
Key figures of Piani, 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 Piani?
What happened at Piani in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.3 million. Source: NBB ↗
- B & R NV became a director. NBB
- New establishment in Arendonk. KBO
- Start of the company according to the CBE. KBO
In short
From € 155,374 profit in 2022 to € 1.3 million loss in 2025.
Paid € 63,314 in corporate taxes since 2022.
Best year ever: 2022, with € 155,374 profit.
On average € 15,500 of value added per employee in 2024.
Management
The stake of B & R comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PianiBehind Piani is B & R NV. The shares are held by B & R (100%).
Directors
According to the 2025 annual accounts
Chairman of the board · represented by FILIP VAN CAMFORT
Also active at: BOUWBEDRIJF EMILE ROMBAUT, HOOYBERGHS, BOUWONDERNEMING CHRISTIAENS, Verheyen Betonprodukten, VAN DE CRAEN, BREBUILD ALGEMEEN BOUWBEDRIJF, Vastgoed EM, ALCOPRO +34 more
since 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Hoge Mauw 1510
2370 Arendonk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 35 companies are registered at this address.
All companies at this address →HOOYBERGHS same network
€ 105 million revenue · 2025
Verheyen Betonprodukten same network
€ -74,953 gross margin · 2025
VAN DE CRAEN same network
€ 1.5 million gross margin · 2025
Vastgoed EM same network
€ 516,267 gross margin · 2025
B & R same network
€ 15.6 million revenue · 2025
+30 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0461.557.672
- VAT number
- BE 0461.557.672
- Registered office
- Hoge Mauw 1510, 2370 Arendonk
- Names & denominations
- Piani
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 September 1997
- Peppol
- Active · Active since 16 Nov 2025
- Activities · NACE
Plaatsen van vloer- en wandtegels
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Overige gespecialiseerde bouwwerkzaamheden