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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
69 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
LN-PILI TEC from Etterbeek, company number BE0502592929, closed financial year 2025 with a result of € -14,673 after tax. For that financial year LN-PILI TEC recorded a gross margin of € -14,507 and equity of € -551,893. Compared with financial year 2024, the result moved from € -9,669 to € -14,673. 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 October 22, 2026.
€ -551,893
▼ € 14,673 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,673
▼ 52 % more loss than in 2024
Profit after tax over the fiscal year.
€ 8,999
▲ 172% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -570,443.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,543
▲ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -9,602 | € -12,556 | € -9,110 | € -14,507 | ▼ € 5,397 |
| Profit after taxes | € -9,997 | € -12,683 | € -9,669 | € -14,673 | ▼ € 5,003 |
| Equity | € -514,868 | € -527,551 | € -537,221 | € -551,893 | ▼ € 14,673 |
| Total debts | € 656,948 | € 695,323 | € 702,386 | € 722,748 | ▲ 3% |
| Cash | € 178 | € 5,917 | € 3,310 | € 8,999 | ▲ 172% |
| Retained profit | € -533,418 | € -546,101 | € -555,771 | € -570,443 | ▼ € 14,673 |
| Balance sheet total | € 142,080 | € 167,772 | € 165,166 | € 170,854 | ▲ 3% |
Key figures of LN-PILI TEC, 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 LN-PILI TEC?
What happened at LN-PILI TEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 14,673. filed late Source: NBB ↗
- Serge DECLERCK became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Anderlecht. KBO
- Philippe DONNET became a director. NBB
In short
From € 9,997 loss in 2022 to € 14,673 loss in 2025.
Management
The stake of MONTE CINTO INDUSTRIES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LN-PILI TECBehind LN-PILI TEC are Philippe DONNET and Serge DECLERCK. The shares are held by MONTE CINTO INDUSTRIES (69.4%).
Directors
According to the 2025 annual accounts
since 2013
Serge DECLERCK
Managing director
Also active at: Compagnie Financiére, Immobiliére et Commerciale, PARIFRI, OGIMA INVEST, ALPHA 8, IMMO TMA, LG INVEST BELGIUM, APC INVEST BELGIUM, INVESTCORE +4 more
since 2024
Shareholders
69.4%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Sint-Michielslaan 125
1040 Etterbeek
Paapsemlaan 18A
1070 Anderlecht
Active since 16 January 2013
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 69 companies are registered at this address.
All companies at this address →Compagnie Financiére, Immobiliére et Commerciale same network
€ -11,609 gross margin · 2025
FINANCIERE CONSTRUCTIONS BELGES
€ 249,947 gross margin · 2025
PARIFRI same network
€ -60,778 gross margin · 2025
FAIR INVEST
€ 41,933 gross margin · 2025
IMMO WATER WEYDE
€ 852,453 gross margin · 2025
+64 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
- 0502.592.929
- VAT number
- BE 0502.592.929
- Registered office
- Sint-Michielslaan 125, 1040 Etterbeek
- Names & denominations
- LN-PILI TEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 January 2013
- Peppol
- Not registered