Bielen, Pierre
ActiveBielen, Pierre has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €245k and a net result of €109k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 28% of 405 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+2
Solvency50▼-5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity tight (current ratio 1.32 against 1.36 in 2024; short-term debt: 73.4% and cash: 41.1% of total assets), and 74.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
25.1%
Return on assets
11.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
14 d early
2023
20 d late
2022
29 d late
2021
30 d late
2020
20 d late
2019
91 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€109k▲ 47.6%
2024 · €74k
2018: €46k
2019: €86k
2020: €147k
2021: €43k
2022: €24k
2023: €58k
2024: €74k
2018 → 2025
Working capital
€228k▲ 18.8%
2024 · €192k
2018: €156k
2019: €244k
2020: €315k
2021: €302k
2022: €221k
2023: €199k
2024: €192k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€313k-€257k▼ 17.9%€235k▼ 8.6%€228k▼ 2.7%€245k▲ 7.5%
Operating result€68k-€41k▼ 40.5%€90k▲ 122%€110k▲ 21.7%€155k▲ 41.4%
Net result€43k-€24k▼ 44.4%€58k▲ 142%€74k▲ 27.2%€109k▲ 47.6%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 41% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €979k
Fixed assets
€33k▼ 19.2%
Current assets
€946k▲ 30.4%
Equity and liabilities €979k
Equity
€245k▲ 7.5%
Debt
€733k▲ 36.4%
The debt ratio rises from 70.2% to 74.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€167k▲
2024 · €121k
Cash flow
€120k▲
2024 · €85k
Solvency
25.1%▼
2024 · 29.8%
Current ratio
1.32▼
2024 · 1.36
Quick ratio
1.00▼
2024 · 1.14
Debt / equity
2.99▲
2024 · 2.36
ROE
44.2%▲
2024 · 32.2%
ROA
11.1%▲
2024 · 9.6%
Interest coverage
30.87▲
2024 · 20.45
Debt
€733k▲
2024 · €538k
Debt ≤ 1 year
€718k▲
2024 · €534k
Income taxes
€42k▲
2024 · €31k
Staff costs
€531k▼
2024 · €598k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€766k€979k▲
Fixed assets21/28€41k€33k▼
Tangible fixed assets22/27€38k€30k▼
Furniture and vehicles24€14k€9k▼
Other tangible fixed assets26€23k€20k▼
Financial fixed assets28€3k€3k▲
Current assets29/58€725k€946k▲
Stocks and contracts in progress3€119k€230k▲
Stocks30/36€14k€14k=
Contracts in progress37€105k€216k▲
Amounts receivable within one year40/41€248k€306k▲
Trade receivables40€225k€297k▲
Other amounts receivable41€23k€10k▼
Cash at bank and in hand54/58€356k€402k▲
Deferred charges and accrued income490/1€2k€8k▲
Equity and liabilities
Total equity and liabilities10/49€766k€979k▲
Equity10/15€228k€245k▲
Contributions10/11€18k€18k=
Reserves13€100k€100k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€187€187=
Distributable reserves133€98k€98k=
Profit (loss) carried forward14€110k€127k▲
Amounts payable17/49€538k€733k▲
Amounts payable within one year42/48€534k€718k▲
Financial debts43€23k€22k▼
Credit institutions430/8€23k€22k▼
Trade debts44€161k€98k▼
Suppliers440/4€161k€98k▼
Advances received on contracts in progress46€218k€408k▲
Taxes, remuneration and social security45€45k€68k▲
Taxes450/3€721€13k▲
Remuneration and social security454/9€45k€56k▲
Other amounts payable47/48€86k€121k▲
Accrued charges and deferred income492/3€4k€15k▲
Income statement
Code20242025
Remuneration, social security and pensions62€598k€531k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€12k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€21k▲
Other operating charges640/8€11k€2k▼
Non-recurring operating charges66A€347€0▼
Gross operating margin9900€730k€721k▼
Operating profit (loss)9901€110k€155k▲
Financial income75/76B€299€227▼
Recurring financial income75€299€227▼
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€104k€150k▲
Income taxes67/77€31k€42k▲
Profit (loss) for the period9904€74k€109k▲
Profit (loss) for the period to be appropriated9905€74k€109k▲
Appropriation of the result
Profit (loss) to be appropriated9906€190k€219k▲
Profit (loss) brought forward from the previous period14P€117k€110k▼
Profit to be distributed694/7€80k€91k▲
Return on contributions (dividend)694€80k€80k=
Employees696-€11k
Social balance
Average headcount (FTE)908713.313.3=
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 20 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 29 days late
2022
31-12
Financial
Weakest financial yearnet €24k ▼44.4%
Net result drops to €24k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 20 days late
2020
31-12
Financial
Highest result since 2018net €147k ▲71.3%
Operating result €205k, net result €147k, both a record.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
31-12
Financial
Equity above €200kEq €269k ▲47.1%
2 profitable years in a row build equity to €269k.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 22 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Engis · 1 establishment unit since 2002
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Vinâve(ENG) 84480 EngisGround area
107 m²
Building footprint
41 m²
Volume, LiDAR
391 m³
Parcel 62031B0339/00M000, Wallonia · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue Vinâve(ENG) 8 B, 4480 Engis
since 20022.015.497.474
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62031B0339/00M000 | Wallonia | 107 m² | 1 · 41 m² | 10.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 462 companies in sector 28250 we hold annual accounts for 285. 223 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded01-10-1978
Fiscal year end31-12
Activities, NACEBEL
28250Manufacture of machinery and equipment not elsewhere classified
29230
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.