Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 22 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
pingala from Waterloo, company number BE0888425077, closed financial year 2025 with a result of € 413 after tax. For that financial year pingala recorded a gross margin of € 6,006 and equity of € -134,615. Compared with financial year 2024, the result moved from € 12,929 to € 413. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2026.
€ -134,615
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 413
▼ 97% vs 2024
Profit after tax over the fiscal year.
€ 2,244
▼ 74% 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 € -140,815.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 2,122
▼ 65% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 9,323
▲ 70% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 873
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -3,721 | € 2,189 | € 19,410 | € 6,006 | ▼ 69% |
| Profit after taxes | € -42,020 | € -15,893 | € 12,929 | € 413 | ▼ 97% |
| Equity | € -132,064 | € -147,957 | € -135,028 | € -134,615 | |
| Total debts | € 206,880 | € 196,389 | € 153,048 | € 139,873 | ▼ 9% |
| Cash | € 9,836 | € 5,584 | € 8,737 | € 2,244 | ▼ 74% |
| Retained profit | € -138,264 | € -154,157 | € -141,228 | € -140,815 | |
| Bank debt | € 51,756 | € 34,933 | € 17,685 | € 0 | ▼ 100% |
| Balance sheet total | € 74,816 | € 48,432 | € 18,020 | € 5,258 | ▼ 71% |
Key figures of pingala, 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 pingala?
What happened at pingala in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 413 (▼ 97% vs 2024). filed late Source: NBB ↗
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
In short
From € 42,020 loss in 2022 to € 413 profit in 2025.
Best year ever: 2024, with € 12,929 profit.
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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 pingala is Bruno Michel Collet. Bruno Michel Collet is also behind IMMOBILIERE DEL SOL, SAILING PROJECTS, ANSE 505, Masai Ocean Racing and ALGUE ROUGE.
Directors
According to the 2025 annual accounts
Bruno Michel Collet
Director
Also active at: IMMOBILIERE DEL SOL, SAILING PROJECTS, ANSE 505, Masai Ocean Racing, ALGUE ROUGE, ALGA MARIS, IMMAXIS
Establishments
Establishment units
Physical locations of this company
Drève Richelle 161 box 99
1410 Waterloo
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 →BELAIRBUS
B- FINANCES
€ -13,888 gross margin · 2025
BATIMELEC
€ 15,076 gross margin · 2024
INTERNATIONAL MONTAGE MAINTENANCE
€ 11.5 million revenue · 2025
H.A.B.S.
€ -18,903 gross margin · 2026
+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
- 0888.425.077
- VAT number
- BE 0888.425.077
- Registered office
- Drève Richelle 161 bus 99, 1410 Waterloo
- Names & denominations
- pingala
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 March 2007
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
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