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 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
pigs DO fly from Vosselaar, company number BE0670987008, closed financial year 2025 with a result of € -19,299 after tax. For that financial year pigs DO fly recorded a gross margin of € 28,621 and equity of € -196,746. Compared with financial year 2024, the result moved from € -22,513 to € -19,299. 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 March 17, 2026.
€ -196,746
▼ € 19,299 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -19,299
▲ 14 % less loss than in 2024
Profit after tax over the fiscal year.
€ 222
▼ 81% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -216,746.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 270,185
▼ 6% vs 2024
€ 19,408 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 3,814
▲ 73% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 836
▲ 147% 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 | € 58,308 | € 28,821 | € 31,646 | € 28,621 | ▼ 10% |
| Profit after taxes | € -4,885 | € -36,713 | € -22,513 | € -19,299 | ▲ € 3,214 |
| Equity | € -118,220 | € -154,934 | € -177,447 | € -196,746 | ▼ € 19,299 |
| Total debts | € 492,281 | € 466,285 | € 412,813 | € 403,441 | ▼ 2% |
| Cash | € 5,577 | € 6,764 | € 1,169 | € 222 | ▼ 81% |
| Land & buildings | € 292,346 | € 260,767 | € 229,188 | € 197,609 | ▼ 14% |
| Retained profit | € -138,220 | € -174,934 | € -197,447 | € -216,746 | ▼ € 19,299 |
| Bank debt | € 324,611 | € 307,069 | € 288,950 | € 270,185 | ▼ 6% |
| Balance sheet total | € 374,061 | € 311,351 | € 235,367 | € 206,696 | ▼ 12% |
Key figures of pigs DO fly, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to pigs DO fly?
What happened at pigs DO fly in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 19,299. Source: NBB ↗
- New establishment in Vosselaar. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,885 loss in 2022 to € 19,299 loss in 2025.
Management
Behind pigs DO fly is Elly Geerts.
Directors
According to the 2025 annual accounts
Elly Geerts
Director
Establishments
Establishment units
Physical locations of this company
Kerkstraat 2
2350 Vosselaar
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0670.987.008
- VAT number
- BE 0670.987.008
- Registered office
- Kerkstraat 2, 2350 Vosselaar
- Names & denominations
- pigs DO fly
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 February 2017
- Peppol
- Active · Active since 4 Nov 2024
- Activities · NACE
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