Financials
Financial year 2025
PINE FOREST from Affligem, company number BE0697586980, closed financial year 2025 with a result of € 167,665 after tax. For that financial year PINE FOREST recorded a gross margin of € 19,511 and equity of € 345,457. Compared with financial year 2024, the result moved from € 39,992 to € 167,665. 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 March 13, 2026.
€ 345,457
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 167,665
▲ € 127,673 vs 2024
Profit after tax over the fiscal year.
€ 63,517
▲ 198% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 176,471 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 1,524
▲ € 1,260 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,414
▲ € 2,178 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 26,471
▼ 18% 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 | € 55,684 | € 11,605 | € 78,006 | € 19,511 | ▼ 75% |
| Profit after taxes | € 47,721 | € 9,358 | € 39,992 | € 167,665 | ▲ € 127,673 |
| Equity | € 304,914 | € 314,272 | € 354,263 | € 345,457 | ▼ 2% |
| Total debts | € 218,122 | € 207,676 | € 174,082 | € 30,208 | ▼ 83% |
| Cash | € 17,504 | € 123,099 | € 21,322 | € 63,517 | ▲ 198% |
| Retained profit | € 284,914 | € 294,272 | € 334,263 | € 325,457 | ▼ 3% |
| Dividend | € 0 | € 0 | € 0 | € 176,471 | |
| Bank debt | € 160,000 | € 150,000 | € 0 | € 0 | |
| Balance sheet total | € 523,036 | € 521,948 | € 528,345 | € 375,666 | ▼ 29% |
Key figures of PINE FOREST, 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 PINE FOREST?
What happened at PINE FOREST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 167,665 (▲ € 127,673 vs 2024). Source: NBB ↗
- New establishment in Affligem. KBO
- Start of the company according to the CBE. KBO
- Christof Savoye became a director. NBB
In short
From € 47,721 profit in 2022 to € 167,665 profit in 2025.
Paid € 54,591 in corporate taxes since 2022.
Best year ever: 2025, with € 167,665 profit.
Paid out € 176,471 in dividends to the owners in total.
Management
Behind PINE FOREST is Christof Savoye. Christof Savoye is also behind Pine and PINE PROJECTS.
Directors
According to the 2025 annual accounts
since 2018
Establishments
Establishment units
Physical locations of this company
Geukenshage 14
1790 Affligem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0697.586.980
- VAT number
- BE 0697.586.980
- Registered office
- Geukenshage 14, 1790 Affligem
- Names & denominations
- PINE FOREST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 June 2018
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Activiteiten van holdings
Holdings