Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PIAB from Gent, company number BE0765404828, closed financial year 2025 with a result of € 24,740 after tax. For that financial year PIAB recorded a gross margin of € 31,243 and equity of € -108,504. Compared with financial year 2024, the result moved from € 19,924 to € 24,740. Profitable, and profit is growing. 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 August 21, 2026.
€ -108,504
▲ € 24,740 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 24,740
▲ 24% vs 2024
Profit after tax over the fiscal year.
€ 118
▼ 93% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -311,704.
Debts at end 2025
€ 106,417
▼ 27% vs 2024
€ 21,417 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 2,205
▲ 53% 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 | € -106,702 | € -56,811 | € 35,774 | € 31,243 | ▼ 13% |
| Profit after taxes | € -182,935 | € -173,432 | € 19,924 | € 24,740 | ▲ 24% |
| Equity | € 20,265 | € -153,167 | € -133,243 | € -108,504 | ▲ € 24,740 |
| Total debts | € 330,364 | € 344,590 | € 147,520 | € 108,622 | ▼ 26% |
| Cash | € 52,753 | - | € 1,813 | € 118 | ▼ 93% |
| Retained profit | € -182,935 | € -356,367 | € -336,443 | € -311,704 | ▲ € 24,740 |
| Bank debt | € 267,597 | € 302,146 | € 146,080 | € 106,417 | ▼ 27% |
| Balance sheet total | € 350,629 | € 191,423 | € 14,277 | € 118 | ▼ 99% |
Key figures of PIAB, 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 PIAB?
What happened at PIAB in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 24,740 (▲ 24% vs 2024). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 182,935 loss in 2022 to € 24,740 profit in 2025.
Best year ever: 2025, with € 24,740 profit.
Establishments
Establishment units
Physical locations of this company
Rooigemlaan 532
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →GMC-LUX
INTESO GROUP
€ 163,119 gross margin · 2025
UTILIX PROJECTS
€ 256,086 gross margin · 2022
SOLEO 4CARE
€ 359,984 gross margin · 2025
Coeo
€ 1.4 million gross margin · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0765.404.828
- VAT number
- BE 0765.404.828
- Registered office
- Rooigemlaan 532, 9000 Gent
- Names & denominations
- PIAB
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 March 2021
- Peppol
- Active · Active since 17 Mar 2026
- Activities · NACE
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