Financials
Financial year 2025
PITTALIS CONSTRUCTION from Walcourt, company number BE0764785612, closed financial year 2025 with a result of € 18,292 after tax. For that financial year PITTALIS CONSTRUCTION recorded a gross margin of € 303,973 and equity of € 29,125. Compared with financial year 2024, the result moved from € -43,420 to € 18,292. Profitable, and profit is growing. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 29,125
▼ 42% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18,292
▲ still € 43,420 loss in 2024
Profit after tax over the fiscal year.
€ 87,180
▲ 40% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 39,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 254,113
▲ 35% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 19,168
▼ 49% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 161,354
▼ 2% vs 2024
€ 3,499 is repaid this year. At this pace the long-term loan is gone in ≈ 46 years.
€ 34,476
▼ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,126
▼ 41% 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 | € 245,657 | € 266,867 | € 191,123 | € 303,973 | ▲ 59% |
| Profit after taxes | € 29,761 | € 32,432 | € -43,420 | € 18,292 | ▲ € 61,712 |
| Equity | € 90,600 | € 116,782 | € 49,833 | € 29,125 | ▼ 42% |
| Total debts | € 156,415 | € 151,251 | € 273,918 | € 228,678 | ▼ 17% |
| Cash | € 74,491 | € 156,479 | € 62,202 | € 87,180 | ▲ 40% |
| Land & buildings | - | - | € 59,000 | € 59,000 | |
| Retained profit | € 80,600 | € 106,782 | € 39,833 | € 19,125 | ▼ 52% |
| Dividend | € 0 | € 6,250 | € 23,529 | € 39,000 | ▲ 66% |
| Bank debt | € 125,000 | € 125,000 | € 164,725 | € 161,354 | ▼ 2% |
| Balance sheet total | € 247,016 | € 268,034 | € 323,751 | € 257,803 | ▼ 20% |
Key figures of PITTALIS CONSTRUCTION, 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 PITTALIS CONSTRUCTION?
What happened at PITTALIS CONSTRUCTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 18,292. Source: NBB ↗
- New establishment in Walcourt. KBO
- Gavin Pittalis became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 29,761 profit in 2022 to € 18,292 profit in 2025.
Paid € 15,753 in corporate taxes since 2022.
Best year ever: 2023, with € 32,432 profit.
Paid out € 68,779 in dividends to the owners in total.
Management
Behind PITTALIS CONSTRUCTION is Gavin Pittalis.
Directors
According to the 2025 annual accounts
Gavin Pittalis
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Chapelle aux Splingles(Cha) 9 box 3
5650 Walcourt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0764.785.612
- VAT number
- BE 0764.785.612
- Registered office
- Chapelle aux Splingles(Cha) 9 bus 3, 5650 Walcourt
- Names & denominations
- PITTALIS CONSTRUCTION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 March 2021
- Peppol
- Active · Active since 30 Apr 2021
- Contact
- [email protected] +32498292673
- Activities · NACE
Algemene bouw van residentiële gebouwen
Overige werkzaamheden in verband met de afwerking van gebouwen
Bouwrijp maken van terreinen
Proefboren en boren
Overige gespecialiseerde bouwactiviteiten, neg
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door andere energiebronnen dan elektriciteit
Metselwerk
Installatie van isolatie
+14