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 1 of the last 4 fiscal years.
Financials
Financial year 2026
PILCO from Edegem, company number BE0713602175, closed financial year 2026 with a result of € -18,100 after tax. For that financial year PILCO recorded a gross margin of € 10,568 and equity of € -87. Compared with financial year 2025, the result moved from € 3,494 to € -18,100. 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 26, 2026.
€ -87
▼ € 18,100 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,100
▼ still € 3,494 profit in 2025
Profit after tax over the fiscal year.
€ 22,466
▲ 7% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -6,287.
People and assets in 2026
€ 28,625
▲ 7% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 124,932
▼ 8% vs 2025
€ 17,932 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 6,599
▲ 147% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 24,642
▲ € 21,373 vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 36,596 | € 44,948 | € 41,033 | € 10,568 | ▼ 74% |
| Profit after taxes | € 6,407 | € 6,304 | € 3,494 | € -18,100 | ▼ € 21,594 |
| Equity | € 8,215 | € 14,519 | € 18,013 | € -87 | ▼ € 18,100 |
| Total debts | € 198,562 | € 166,723 | € 158,190 | € 186,674 | ▲ 18% |
| Cash | € 41,421 | € 39,178 | € 20,986 | € 22,466 | ▲ 7% |
| Retained profit | € 2,015 | € 8,319 | € 11,813 | € -6,287 | ▼ € 18,100 |
| Bank debt | € 172,845 | € 151,800 | € 135,384 | € 124,932 | ▼ 8% |
| Balance sheet total | € 206,777 | € 181,242 | € 176,203 | € 186,587 | ▲ 6% |
Key figures of PILCO, 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 PILCO?
What happened at PILCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 18,100 (▼ € 21,594 vs 2025). Source: NBB ↗
- Youri Piller became a director. NBB
- New establishment in Edegem. KBO
- Raoul Piller became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 6,407 profit in 2023 to € 18,100 loss in 2026.
Paid € 1,187 in corporate taxes since 2023.
Best year ever: 2023, with € 6,407 profit.
Management
Behind PILCO are Raoul Piller and Youri Piller. The same people are also behind PYRANA.
Establishments
Establishment units
Physical locations of this company
Beekstraat 4
2650 Edegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0713.602.175
- VAT number
- BE 0713.602.175
- Registered office
- Beekstraat 4, 2650 Edegem
- Names & denominations
- PILCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 November 2018
- Peppol
- Active · Active since 19 Nov 2025
- Activities · NACE
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