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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Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PI-WI Projects from Deinze, company number BE0860892915, closed financial year 2025 with a result of € 23,953 after tax. For that financial year PI-WI Projects recorded a gross margin of € 74,196 and equity of € 206,339. Compared with financial year 2024, the result moved from € 30,386 to € 23,953. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on February 27, 2026.
€ 206,339
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 23,953
▼ 21% vs 2024
Profit after tax over the fiscal year.
€ 23,754
▲ € 19,393 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 € 166,127.
Debts at end 2025
€ 399,042
▲ 134% vs 2024
€ 41,740 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 5,804
▼ 61% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,533
▲ € 13,021 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 | € 64,889 | € 44,546 | € 77,683 | € 74,196 | ▼ 4% |
| Profit after taxes | € 24,009 | € 7,607 | € 30,386 | € 23,953 | ▼ 21% |
| Equity | € 144,393 | € 152,000 | € 182,386 | € 206,339 | ▲ 13% |
| Total debts | € 345,235 | € 293,630 | € 278,450 | € 511,465 | ▲ 84% |
| Cash | € 12,072 | € 8,582 | € 4,361 | € 23,754 | ▲ € 19,393 |
| Land & buildings | € 435,501 | € 409,868 | € 389,986 | € 363,765 | ▼ 7% |
| Retained profit | € 104,181 | € 111,788 | € 142,174 | € 166,127 | ▲ 17% |
| Bank debt | € 221,118 | € 191,086 | € 170,544 | € 399,042 | ▲ 134% |
| Balance sheet total | € 489,628 | € 445,630 | € 460,836 | € 717,804 | ▲ 56% |
Key figures of PI-WI Projects, 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 PI-WI Projects?
What happened at PI-WI Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 23,953 (▼ 21% vs 2024). filed late Source: NBB ↗
- New establishment in Deinze. KBO
- Start of the company according to the CBE. KBO
In short
From € 24,009 profit in 2022 to € 23,953 profit in 2025.
Paid € 31,635 in corporate taxes since 2022.
Best year ever: 2024, with € 30,386 profit.
Management
Behind PI-WI Projects is WOUTER VAN CAUWENBERGE. It owns 14% of Improve BV itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Rietvoornstraat 8
9800 Deinze
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
- 0860.892.915
- VAT number
- BE 0860.892.915
- Registered office
- Rietvoornstraat 8, 9800 Deinze
- Names & denominations
- PI-WI Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 October 2003
- Peppol
- Active · Active since 27 Jan 2026
- Activities · NACE
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