Financials
Financial year 2025
Pinecone Ops from Halle, company number BE0728717448, closed financial year 2025 with a result of € 44,142 after tax. For that financial year Pinecone Ops recorded a gross margin of € 55,571 and equity of € 67,961. Compared with financial year 2024, the result moved from € 34,755 to € 44,142. 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 December 31, 2025.
€ 67,961
▼ 34% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 44,142
▲ 27% vs 2024
Profit after tax over the fiscal year.
€ 64,996
▲ 201% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 78,897 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,588
▼ 65% 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.
€ 1,334
▼ 77% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,693
▼ 14% 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 | € 43,719 | € 46,300 | € 47,669 | € 55,571 | ▲ 17% |
| Profit after taxes | € 28,652 | € 33,220 | € 34,755 | € 44,142 | ▲ 27% |
| Equity | € 67,961 | € 101,181 | € 102,716 | € 67,961 | ▼ 34% |
| Total debts | € 29,805 | € 30,121 | € 21,183 | € 56,818 | ▲ 168% |
| Cash | € 88,834 | € 113,465 | € 21,605 | € 64,996 | ▲ 201% |
| Retained profit | € 62,961 | € 96,181 | € 97,716 | € 62,961 | ▼ 36% |
| Dividend | € 0 | € 0 | € 33,220 | € 78,897 | ▲ 137% |
| Balance sheet total | € 97,765 | € 131,302 | € 123,899 | € 124,779 | ▲ 1% |
Key figures of Pinecone Ops, 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 January 2027.
What happened to Pinecone Ops?
What happened at Pinecone Ops in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 44,142 (▲ 27% vs 2024). Source: NBB ↗
- New establishment in Halle. KBO
- Start of the company according to the CBE. KBO
- Koen Gremmelprez became a director. NBB
In short
From € 28,652 profit in 2022 to € 44,142 profit in 2025.
Paid € 41,618 in corporate taxes since 2022.
Best year ever: 2025, with € 44,142 profit.
Paid out € 112,117 in dividends to the owners in total.
Management
Behind Pinecone Ops is Koen Gremmelprez. Koen Gremmelprez is also behind CitizenLab.
Directors
According to the 2025 annual accounts
since 2019
Establishments
Establishment units
Physical locations of this company
Balthazarstraat 1
1500 Halle
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0728.717.448
- VAT number
- BE 0728.717.448
- Registered office
- Balthazarstraat 1, 1500 Halle
- Names & denominations
- Pinecone Ops
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 June 2019
- Peppol
- Active · Active since 15 Dec 2025
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