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At-Pits

Active Private limited companyfounded 2022active for 4 yearsHeistraat 2, 8810 LichterveldeKBO/BCE: BE 0782.630.345

Lifetime

4 annual accounts with figures on one time axis
peak €102,326 (2024)
€46,618▼ 54.4%
peak €73,010 (2024)
€23,695▼ 67.5%
peak €155,654 (2024)
€103,516▼ 33.5%
€44,397▼ 11.4%
Board1 name since 2022
Documentsfilings and deeds
04-08-20264 days late
2025micro format
Gross margin from €102,326 to €46,618Result from €73,010 to €23,695Dividend €75,833Equity from €155,654 to €103,516

Key points

from the 2025 annual accounts

Equity

€103,516 ▼ 33.5%
155,6542024+23,695Profit-75,833Dividend103,5162025

At-Pits paid out €75,833 in dividends. That is 320% of the 2025 profit.

Turnover

≈ €250,000 estimated

The micro format states no turnover.

Filings

4 annual accounts 2 late
AprilJune31 JulyOctober2022202320242025

The 2023 accounts came latest: 27 days after the end of the period.

Checked score

88
Excellent
Financially stronger than 62% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.8% 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.9%▲ +0.1 percentage points vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 0.9%● unchanged vs 06-2025highest value 08-2025: 0.4%▼ -0.5 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.3%▼ -0.1 percentage points vs 10-2025 12-2025: 0.2%▼ -0.1 percentage points vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.7%▲ +0.4 percentage points vs 07-2026 09-2026: 0.3%▼ -0.4 percentage points vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026

Financial strength
Strong

95-5equity 70.0% of total assets
89+2short-term debt 27.8% · cash 45.6%
89-11return on assets 16.0%

Score breakdown

raises risk
Founded in 2022
lowers risk
Liquidity: current ratio 2.34, cash €67,492
Equity €103,516 (70.0% of total assets)
Figures for financial year 2025 (filed on 06-08-2026)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 76% of them on solvency, 86% on liquidity, 74% on profitability and 13% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 39,278 companies had the same profile as At-Pits has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of At-Pits itself is lower: 0.3% within 12 months. It rests on far more data about At-Pits than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,278 companies, not a prediction for At-Pits. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €9,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.34 (3.99 in 2024), above the usual 1.5. Short-term debt is 27.8% and cash 45.6% of total assets. 30% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 2.34, cash €67,492
NBB · annual accounts
raises risk · Founded in 2022
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €103,516 (70.0% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 06-08-2026)
NBB · annual accounts
raises risk · 2025 accounts filed 4 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filings
Deviation from the deadline
2025
4 days late
2024
24 days early
2023
27 days late
2022
5 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 1 day after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Board and ownership

DC
Director, since 25-02-2022
  • DEMEESTER Christof 120 sharesdeed of 01-03-2022
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0782630345
Incorporation Founding capital of €5,000, 120 shares · Founder: DEMEESTER Christof · Appointment: DEMEESTER Christof (director) · published on 01-03-2022 · Gazette deed
First establishment Heistraat 2, Lichtervelde
All 11 events

Comparable companies

same main activity, similar in size and age
Company
At-Pits Lichtervelde €147,913 €46,618 70.0% -
ELECTROVOLT Mechelen €134,783 €40,291 54.8% -
ALEX GEBOUW Kruisem €171,839 €49,882 47.5% -
Bouwwerken Bert Verhaegen Heist-op-den-Berg €148,155 €60,873 74.7% -
DBT-Construct Lokeren €174,734 €57,002 47.2% -
DERADESIGN Kortrijk €148,807 €35,268 11.1% -
Goosman Wielsbeke €119,270 €45,719 28.4% -

These companies have the same main activity as At-Pits: other construction installation (NACE 43240). They are comparable in size and age: total assets between €119,000 and €175,000, founded between 2020 and 2023.

Official details

Source: KBO
Status
Active since 25-02-2022Normal situation
Activity
Other construction installationNACE 43240and 5 others
Establishment unit
2.328.525.5808810 Lichtervelde, since 25-02-2022
Financial year end
31 December
Peppol
Reachable since 23-11-2025
Company details

Annual accounts 2025

€147,913▼ 28.1%
Filing
Filed on 04-08-2026
Financials

Insights on At-Pits

At-Pits files the micro format. That format states no turnover. The gross margin fell from €47,301 in 2022 to €46,618 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about At-Pits

What is the company number of At-Pits?
The company number of At-Pits is 0782.630.345. The VAT number is the same number with BE in front: BE 0782.630.345.
Where is At-Pits based?
The registered office is at Heistraat 2, 8810 Lichtervelde.Company details
What does At-Pits do?
According to the KBO register, the main activity is other construction installation (NACE 43240).
What is the legal form of At-Pits?
At-Pits is a private limited company (BV).
When was At-Pits founded?
At-Pits was founded on 25-02-2022.
Is At-Pits still active?
Yes, At-Pits is an active enterprise in the KBO register.
What is the turnover of At-Pits?
The turnover in financial year 2025 is ≈ €250,000. This figure is estimated from the gross margin of €46,618 and 119 comparable companies (NACE 432). It probably lies between €160,000 and €330,000.Financials
Is At-Pits profitable?
In financial year 2025, At-Pits made a profit of €23,695.
Where can I find the annual accounts of At-Pits?
At-Pits filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of At-Pits due?
At-Pits must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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