Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PITSTOP from Knokke-Heist, company number BE0466684123, closed financial year 2025 with a result of € 358,124 after tax. For that financial year PITSTOP recorded a gross margin of € 1.3 million and equity of € 1 million. Compared with financial year 2024, the result moved from € -302,847 to € 358,124. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.
€ 1 million
▲ 54% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 358,124
▲ still € 302,847 loss in 2024
Profit after tax over the fiscal year.
€ 69,458
▼ 77% 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 € 895,608.
People and assets in 2025
6.2
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 305,746
▼ 14% vs 2024
€ 49,300 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.
€ 23,747
▼ 46% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 7.5 million
▲ 66% vs 2024
€ 561,145 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 153,647
▲ 89% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 98,496
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 649,683 | € 1,052,236 | € 1,124,040 | € 1,260,580 | ▲ 12% |
| Profit after taxes | € 26,159 | € 324,240 | € -302,847 | € 358,124 | ▲ € 660,970 |
| Equity | € 640,065 | € 964,305 | € 661,458 | € 1,019,582 | ▲ 54% |
| Total debts | € 5,715,600 | € 5,446,544 | € 5,377,243 | € 8,059,206 | ▲ 50% |
| Cash | € 61,560 | € 162,250 | € 303,861 | € 69,458 | ▼ 77% |
| Land & buildings | € 5,666,804 | € 5,719,370 | € 4,926,934 | € 7,346,267 | ▲ 49% |
| Retained profit | € 516,092 | € 840,332 | € 537,485 | € 895,608 | ▲ 67% |
| Bank debt | € 5,551,548 | € 4,794,868 | € 4,541,663 | € 7,518,572 | ▲ 66% |
| Balance sheet total | € 6,355,666 | € 6,410,849 | € 6,038,701 | € 9,078,788 | ▲ 50% |
| Employees (FTE) | - | - | 7.1 | 6.2 | ▼ 0.9 |
Key figures of PITSTOP, 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 PITSTOP?
What happened at PITSTOP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Guy Gryp stepped down as director. NBB
- Dominique Roegiers stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 358,124. Source: NBB ↗
- New establishment in Oostende. KBO
- Dominique Roegiers became a director. NBB
- New establishment in Knokke-Heist. KBO
- New establishment in Eeklo. KBO
- Guy Gryp became a director. NBB
In short
From € 26,159 profit in 2022 to € 358,124 profit in 2025.
Paid € 69,947 in corporate taxes since 2022.
Best year ever: 2025, with € 358,124 profit.
On average € 203,300 of value added per employee in 2025.
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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
Directors
According to the 2025 annual accounts
Guy Gryp
Director
since 1999 · until 2028
Dominique Roegiers
Director
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
't Walletje 89
8300 Knokke-Heist
Leopoldlaan 97
9900 Eeklo
Active since 14 October 1999
Torhoutsesteenweg 712
8400 Oostende
Active since 1 October 2025
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0466.684.123
- VAT number
- BE 0466.684.123
- Registered office
- 't Walletje 89, 8300 Knokke-Heist
- Names & denominations
- PITSTOP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 August 1999
- Peppol
- Active · Active since 30 Jan 2025
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