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
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PIABO from Brussel, company number BE0861537073, closed financial year 2025 with a result of € 150,930 after tax. For that financial year PIABO recorded a gross margin of € 219,977 and equity of € 90,668. Compared with financial year 2024, the result moved from € 106,370 to € 150,930. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 11, 2026.
€ 90,668
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 150,930
▲ 42% vs 2024
Profit after tax over the fiscal year.
€ 134,278
▲ 295% 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 € -9,332.
People and assets in 2025
€ 82,355
▲ € 73,034 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 150,196
▲ 19% vs 2024
€ 81,848 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 5,802
▲ € 4,727 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,158
▼ 7% 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 | € 191,257 | € 276,609 | € 264,814 | € 219,977 | ▼ 17% |
| Profit after taxes | € 64,119 | € 86,831 | € 106,370 | € 150,930 | ▲ 42% |
| Equity | € 200,037 | € 95,868 | € 89,738 | € 90,668 | ▲ 1% |
| Total debts | € 359,160 | € 314,832 | € 269,764 | € 320,639 | ▲ 19% |
| Cash | € 40,048 | € 2,010 | € 34,015 | € 134,278 | ▲ 295% |
| Retained profit | € -353,463 | € -266,632 | € -160,262 | € -9,332 | ▲ € 150,930 |
| Bank debt | € 221,837 | € 185,172 | € 125,698 | € 150,196 | ▲ 19% |
| Balance sheet total | € 559,197 | € 410,699 | € 359,502 | € 411,307 | ▲ 14% |
Key figures of PIABO, 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 PIABO?
What happened at PIABO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 150,930 (▲ 42% vs 2024). filed late Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 64,119 profit in 2022 to € 150,930 profit in 2025.
Paid € 124,138 in corporate taxes since 2022.
Best year ever: 2025, with € 150,930 profit.
Management
Behind PIABO is Willem Jacob Bouwland.
Directors
According to the 2025 annual accounts
Willem Jacob Bouwland
Director
Establishments
Establishment units
Physical locations of this company
Baksteenkaai 22
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →Costhea
€ 35,600 gross margin · 2025
JEFF BRICKS
€ 6,274 gross margin · 2025
Rent Space
€ 125,523 gross margin · 2025
BLUE ONE MANAGEMENT
€ 299,855 gross margin · 2025
AGRITEX & CO
€ 180,921 gross margin · 2025
+7 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
- 0861.537.073
- VAT number
- BE 0861.537.073
- Registered office
- Baksteenkaai 22, 1000 Brussel
- Names & denominations
- PIABO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 November 2003
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Activiteiten van holdings
Managementactiviteiten van holdings
Holdings