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 53 % of short-term debt in 2026; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2026
Pivofin from Pelt, company number BE0677730585, closed financial year 2026 with a result of € 68,491 after tax. For that financial year Pivofin recorded a gross margin of € 184,176 and equity of € 1 million. Compared with financial year 2025, the result moved from € 57,322 to € 68,491. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ 1 million
▲ 7% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 68,491
▲ 19% vs 2025
Profit after tax over the fiscal year.
€ 67,517
▲ 19% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 973,958.
People and assets in 2026
€ 215
▼ 58% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 1.1 million
▼ 11% vs 2025
€ 132,370 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 10
▼ 98% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 2,392
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 730,463 | € 213,902 | € 172,195 | € 184,176 | ▲ 7% |
| Profit after taxes | € 471,674 | € 86,250 | € 57,322 | € 68,491 | ▲ 19% |
| Equity | € 799,096 | € 885,346 | € 942,668 | € 1,011,158 | ▲ 7% |
| Total debts | € 2,012,517 | € 1,369,019 | € 1,239,095 | € 1,110,498 | ▼ 10% |
| Cash | € 472,370 | € 66,974 | € 56,696 | € 67,517 | ▲ 19% |
| Land & buildings | € 2,246,738 | € 2,180,182 | € 2,113,626 | € 2,047,070 | ▼ 3% |
| Retained profit | € 761,896 | € 848,146 | € 905,468 | € 973,958 | ▲ 8% |
| Bank debt | € 1,495,865 | € 1,321,545 | € 1,192,708 | € 1,062,116 | ▼ 11% |
| Balance sheet total | € 2,811,613 | € 2,254,365 | € 2,181,763 | € 2,121,656 | ▼ 3% |
Key figures of Pivofin, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Pivofin?
What happened at Pivofin in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 68,491 (▲ 19% vs 2025). Source: NBB ↗
- New establishment in Pelt. KBO
- Start of the company according to the CBE. KBO
In short
From € 471,674 profit in 2023 to € 68,491 profit in 2026.
Paid € 229,478 in corporate taxes since 2023.
Best year ever: 2023, with € 471,674 profit.
Management
Behind Pivofin is Loi Ieng Lam.
Directors
According to the 2026 annual accounts
Loi Ieng Lam
Director
Establishments
Establishment units
Physical locations of this company
Hoevenstraat 121 box A000
3900 Pelt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0677.730.585
- VAT number
- BE 0677.730.585
- Registered office
- Hoevenstraat 121 bus A000, 3900 Pelt
- Names & denominations
- Pivofin
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 2017
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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