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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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Pine Creek from Aalst, company number BE0784880646, closed financial year 2025 with a result of € 1,932 after tax. For that financial year Pine Creek recorded a gross margin of € -4,059 and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 6,339 to € 1,932. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ 2.1 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,932
▼ 70% vs 2024
Profit after tax over the fiscal year.
€ 1,210
▲ € 1,143 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 € 9,464.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 998
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -7,869 | € -244 | € -64 | € -4,059 | ▼ € 3,995 |
| Profit after taxes | € -6,970 | € 8,162 | € 6,339 | € 1,932 | ▼ 70% |
| Equity | € 2,043,030 | € 2,051,193 | € 2,057,532 | € 2,059,464 | |
| Total debts | € 10,026 | € 298 | € 460 | € 998 | ▲ 117% |
| Cash | € 7,280 | € 7,128 | € 67 | € 1,210 | ▲ € 1,143 |
| Land & buildings | € 1,797,526 | € 1,797,526 | € 1,797,526 | € 1,797,526 | |
| Retained profit | € -6,970 | € 1,193 | € 7,532 | € 9,464 | ▲ 26% |
| Balance sheet total | € 2,053,057 | € 2,051,491 | € 2,057,991 | € 2,060,462 |
Key figures of Pine Creek, 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 Creek?
What happened at Pine Creek in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,932 (▼ 70% vs 2024). Source: NBB ↗
- New establishment in Aalst. KBO
- Pierre Macharis became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 6,970 loss in 2022 to € 1,932 profit in 2025.
Paid € 2,510 in corporate taxes since 2022.
Best year ever: 2023, with € 8,162 profit.
A new publication or filing at Pine Creek? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Pine Creek is Pierre Macharis. Pierre Macharis is also behind VPK Group, Confédération of european paper industries, Febex Invest, UNDARO and EUCALYPTUS INVESTMENTS.
Directors
According to the 2025 annual accounts
Pierre Macharis
Director
Also active at: VPK Group, Confédération of european paper industries, Febex Invest, UNDARO, EUCALYPTUS INVESTMENTS, MAPLE FINANCE, CEDAR, HOUSE OF PAPER
since 2022
Establishments
Establishment units
Physical locations of this company
Kareelstraat 108
9300 Aalst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →ARGON
€ 727,541 gross margin · 2025
Febex Invest same network
Astral (Riyadhstraat)
€ 584,226 gross margin · 2024
COREX HOLDING
Windy Wood
+8 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
- 0784.880.646
- VAT number
- BE 0784.880.646
- Registered office
- Kareelstraat 108, 9300 Aalst
- Names & denominations
- Pine Creek
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 April 2022
- Peppol
- Active · Active since 27 Mar 2026