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 20 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
22 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PIODIS from Waterloo, company number BE0880811171, closed financial year 2025 with a result of € 333,421 after tax. For that financial year PIODIS recorded revenue of € 863,383 and equity of € 487,869. Compared with financial year 2024, the result moved from € 264,029 to € 333,421. Profitable, and profit is growing. The buffer shrank hard: equity is 61 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 487,869
▼ 61% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 333,421
▲ 26% vs 2024
Profit after tax over the fiscal year.
€ 172,988
▼ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.1 million paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 3.3 million
▼ 10% vs 2024
€ 370,827 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 454
▼ 99% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 4 days on average.
€ 10,814
▼ 85% 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 | |
|---|---|---|---|---|---|
| Revenue | € 774,399 | € 845,932 | € 852,415 | € 863,383 | ▲ 1% |
| Profit after taxes | € 260,728 | € 365,679 | € 264,029 | € 333,421 | ▲ 26% |
| Equity | € 1,050,547 | € 1,210,419 | € 1,254,448 | € 487,869 | ▼ 61% |
| Total debts | € 4,397,177 | € 4,045,999 | € 3,841,567 | € 4,206,531 | ▲ 10% |
| Cash | € 69,154 | € 211,506 | € 281,183 | € 172,988 | ▼ 38% |
| Land & buildings | € 4,221,669 | € 3,950,576 | € 3,784,996 | € 3,508,582 | ▼ 7% |
| Retained profit | € 950,547 | € 1,110,419 | € 1,154,448 | € 387,869 | ▼ 66% |
| Dividend | € 308,113 | € 205,806 | € 220,000 | € 1,100,000 | ▲ € 880,000 |
| Bank debt | € 4,384,945 | € 4,029,658 | € 3,669,419 | € 3,303,847 | ▼ 10% |
| Balance sheet total | € 5,447,725 | € 5,256,419 | € 5,096,015 | € 4,694,401 | ▼ 8% |
Key figures of PIODIS, 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 PIODIS?
What happened at PIODIS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- CAI SRL stepped down as director. NBB
- NATACHA MESTDAGH stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 333,421 (▲ 26% vs 2024). Source: NBB ↗
- GERMAIN JR MESTDAGH stepped down as director. NBB
- CAI SRL became a director. NBB
- GERMAIN JR MESTDAGH became a director. NBB
- NATACHA MESTDAGH became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 260,728 profit in 2022 to € 333,421 profit in 2025.
Paid € 413,273 in corporate taxes since 2022.
Best year ever: 2023, with € 365,679 profit.
Paid out € 1.8 million in dividends to the owners in total.
Management
The stake of MEGIMMO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PIODISThe shares are held by MEGIMMO (100%).
Directors
According to the 2025 annual accounts
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Drève Richelle 161 Bât.D box 19
1410 Waterloo
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 22 companies are registered at this address.
All companies at this address →MECCO-GOSSENT
€ 5.3 million revenue · 2025
ALIPHIL
€ 164,090 revenue · 2025
SUPALI same network
€ 8,600 revenue · 2025
CSE H2
BELMONT PROPERTIES
+17 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
- 0880.811.171
- VAT number
- BE 0880.811.171
- Registered office
- Drève Richelle 161 Bât.D bus 19, 1410 Waterloo
- Names & denominations
- PIODIS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 April 2006
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Overige zakelijke dienstverlening, neg
Overige zakelijke dienstverlening, n.e.g.