Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
31 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Pick-It from Leuven, company number BE0662740919, closed financial year 2025 with a result of € -1.1 million after tax. For that financial year Pick-It recorded a gross margin of € 371,554 and equity of € 280,555. Compared with financial year 2024, the result moved from € -624,152 to € -1.1 million. The company made a loss. 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 August 24, 2026.
€ 280,555
▲ € 491,391 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.1 million
▼ 76 % more loss than in 2024
Profit after tax over the fiscal year.
€ 492,477
▲ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.1 million.
People and assets in 2025
12.8
▲ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▲ 16% vs 2024
€ 103,200 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.
€ 20,713
▼ 28% vs 2024
Of which on lease € 11,678.
Debts at end 2025
€ 1.6 million
▲ 1% vs 2024
€ 164,523 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 525,682
▲ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 142,569
▲ 28% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 643,926 | € 1,834,365 | € 657,821 | € 371,554 | ▼ 44% |
| Profit after taxes | € -224,131 | € -55,083 | € -624,152 | € -1,099,585 | ▼ € 475,434 |
| Equity | € -181,601 | € 413,316 | € -210,836 | € 280,555 | ▲ € 491,391 |
| Total debts | € 1,800,080 | € 1,945,976 | € 2,234,248 | € 2,329,221 | ▲ 4% |
| Cash | € 175,539 | € 132,738 | € 304,364 | € 492,477 | ▲ 62% |
| Retained profit | € -694,032 | € -99,115 | € -723,266 | € -1,099,585 | ▼ € 376,319 |
| Bank debt | € 1,275,959 | € 1,223,174 | € 1,549,031 | € 1,564,523 | ▲ 1% |
| Balance sheet total | € 1,618,479 | € 2,359,292 | € 2,023,412 | € 2,609,776 | ▲ 29% |
| Employees (FTE) | 10.5 | 9.4 | 10.8 | 12.8 | ▲ 2 |
Key figures of Pick-It, 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 Pick-It?
What happened at Pick-It in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Bert Willaert stepped down as director. NBB
- The Fourth Law NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.1 million. filed late Source: NBB ↗
- Bert Willaert became a director. NBB
- The Fourth Law NV became a director. NBB
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 224,131 loss in 2022 to € 1.1 million loss in 2025.
Paid € 7,822 in corporate taxes since 2022.
On average € 29,000 of value added per employee in 2025.
Management
The stake of The Fourth Law comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Pick-ItThe shares are held by The Fourth Law (200%). It owns 100% of Pick-It USA, INC and 100% of Pickit Korea LLC itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Jean-François Remy
since 2024 · until 2030
since 2026 · until 2032
Shareholders
200%
Participations
Pick-It USA, INC
100%
Pickit Korea LLC
100%
Establishments
Establishment units
Physical locations of this company
Vaartdijk 3 box 1.02
3018 Leuven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 31 companies are registered at this address.
All companies at this address →DIMA
€ 43,574 gross margin · 2025
STERIGENICS
REMY COMMUNICATION
€ 563,687 gross margin · 2025
REGIONALE OMROEP BRABANT
€ 669,322 gross margin · 2025
ELSYCA
€ 3.5 million gross margin · 2025
+26 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
COMBELL-AS, BE
Domain
Domain
pickit3d.com
Registered
2016-01-13
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2027-01-13
Website info
Features
Security
Network
Details
- Company number
- 0662.740.919
- VAT number
- BE 0662.740.919
- Registered office
- Vaartdijk 3 bus 1.02, 3018 Leuven
- Names & denominations
- Pick-It
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 September 2016
- Peppol
- Active · Active since 20 Nov 2020
- Contact
- pickit3d.com
- Activities · NACE
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