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 64 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PINAKI from Sint-Katelijne-Waver, company number BE0468545434, closed financial year 2025 with a result of € 144,049 after tax. For that financial year PINAKI recorded a gross margin of € 307,699 and equity of € 2.9 million. Compared with financial year 2024, the result moved from € 7,849 to € 144,049. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 14, 2026.
€ 2.9 million
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 144,049
▲ € 136,200 vs 2024
Profit after tax over the fiscal year.
€ 8,329
Cash and bank balances on the last day of the fiscal year.
€ 350,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 3.4 million
▼ 17% vs 2024
€ 52,000 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 2,055
▼ 53% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,810
▼ 84% 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 | € 403,446 | € 825,786 | € 255,560 | € 307,699 | ▲ 20% |
| Profit after taxes | € 360,612 | € 486,462 | € 7,849 | € 144,049 | ▲ € 136,200 |
| Equity | € 3,112,567 | € 3,599,029 | € 3,106,878 | € 2,900,927 | ▼ 7% |
| Total debts | € 2,392,860 | € 4,266,130 | € 4,642,020 | € 3,792,108 | ▼ 18% |
| Cash | € 14,283 | - | - | € 8,329 | |
| Land & buildings | € 922,727 | € 904,545 | € 886,364 | € 868,182 | ▼ 2% |
| Retained profit | € 278,192 | € 764,654 | € 272,503 | € 66,552 | ▼ 76% |
| Dividend | € 0 | € 0 | € 500,000 | € 350,000 | ▼ 30% |
| Bank debt | € 2,380,000 | € 4,087,417 | € 4,039,197 | € 3,372,625 | ▼ 17% |
| Balance sheet total | € 5,505,427 | € 7,865,159 | € 7,748,898 | € 6,693,035 | ▼ 14% |
Key figures of PINAKI, 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 PINAKI?
What happened at PINAKI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- PETRAC BV stepped down as director. NBB
- BENE FACTO BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 144,049 (▲ € 136,200 vs 2024). filed late Source: NBB ↗
- PETRAC BV became a director. NBB
- BENE FACTO BV became a director. NBB
- New establishment in Sint-Katelijne-Waver. KBO
- Start of the company according to the CBE. KBO
In short
From € 360,612 profit in 2022 to € 144,049 profit in 2025.
Paid € 220,866 in corporate taxes since 2022.
Best year ever: 2023, with € 486,462 profit.
Paid out € 850,000 in dividends to the owners in total.
Management
The stake of Amanu Group, PETRAC comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PINAKIThe shares are held by Amanu Group (100%) and PETRAC.
Directors
According to the 2025 annual accounts
Managing director · represented by Pieter GOETHALS
Also active at: Augury, Amanu Invest, Amanu Group, ARGILLA, O-DEPOT, AMANU-INDUSTRIES
since 2021 · until 2027
Director · represented by Nele VERBIST
Also active at: Amanu Invest, O-DEPOT, AMANU-INDUSTRIES
since 2021 · until 2027
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zorgvliet 17
2860 Sint-Katelijne-Waver
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →Augury same network
€ -3,072 gross margin · 2025
320° NORTH
Amanu Invest same network
€ -141,607 gross margin · 2025
Bene Facto same network
€ -1,464 gross margin · 2025
Amanu Group same network
€ 370,661 gross margin · 2025
+3 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
- 0468.545.434
- VAT number
- BE 0468.545.434
- Registered office
- Zorgvliet 17, 2860 Sint-Katelijne-Waver
- Names & denominations
- PINAKI
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 1999
- Peppol
- Active · Active since 3 Sept 2025