Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 15.5 to 12.2.
Financials
Financial year 2025
Pippo from Wevelgem, company number BE0836449905, closed financial year 2025 with a result of € 178,970 after tax. For that financial year Pippo recorded a gross margin of € 1.1 million and equity of € 237,847. Compared with financial year 2024, the result moved from € 79,806 to € 178,970. 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 2, 2026.
€ 237,847
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 178,970
▲ 124% vs 2024
Profit after tax over the fiscal year.
€ 245
▼ 75% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 178,970 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
12.2
▼ 1.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 643,586
▼ 17% vs 2024
€ 52,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 598,714
▼ 6% vs 2024
Of which on lease € 506,312.
Debts at end 2025
€ 1.6 million
▼ 9% vs 2024
€ 130,068 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 246,532
▲ 75% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 99,911
▼ 26% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 759,754 | € 977,644 | € 1,116,077 | € 1,146,885 | ▲ 3% |
| Profit after taxes | € -1,386 | € -61,749 | € 79,806 | € 178,970 | ▲ 124% |
| Equity | € 219,791 | € 158,042 | € 237,847 | € 237,847 | |
| Total debts | € 2,389,717 | € 2,416,330 | € 2,197,728 | € 2,270,171 | ▲ 3% |
| Cash | € 1,171 | € 605 | € 969 | € 245 | ▼ 75% |
| Land & buildings | € 1,790,054 | € 1,762,208 | € 1,768,981 | € 1,762,308 | |
| Retained profit | € 213,591 | € 151,842 | € 231,647 | € 231,647 | |
| Dividend | € 0 | € 0 | € 0 | € 178,970 | |
| Bank debt | € 1,907,697 | € 1,832,149 | € 1,741,970 | € 1,591,221 | ▼ 9% |
| Balance sheet total | € 2,609,508 | € 2,574,371 | € 2,435,576 | € 2,508,018 | ▲ 3% |
| Employees (FTE) | 12 | 15.5 | 13.7 | 12.2 | ▼ 1.5 |
Key figures of Pippo, 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 Pippo?
What happened at Pippo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 178,970 (▲ 124% vs 2024). Source: NBB ↗
- 10e CommV became a director. NBB
- Buena vista social club CommV became a director. NBB
- Pistache VOF became a director. NBB
- New establishment in Wevelgem. KBO
- New establishment in Wevelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,386 loss in 2022 to € 178,970 profit in 2025.
Paid € 41,926 in corporate taxes since 2022.
Best year ever: 2025, with € 178,970 profit.
On average € 94,000 of value added per employee in 2025.
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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 Pippo are Pistache VOF, 10e CommV and Buena vista social club CommV. The shares are held by Pistache, 10e and Buena vista social club.
Directors
According to the 2025 annual accounts
Director · represented by Yves Deschamps
since 2023
Director · represented by Tine Deschamps
since 2025
Director · represented by Lore Deschamps
since 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Roeselarestraat 16
8560 Wevelgem
Roeselarestraat 6
8560 Wevelgem
Active since 1 January 2014
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0836.449.905
- VAT number
- BE 0836.449.905
- Registered office
- Roeselarestraat 16, 8560 Wevelgem
- Names & denominations
- Pippo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 May 2011
- Peppol
- Active · Active since 30 Jan 2025
- Activities · NACE
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