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byPieternel

Active
Private limited companyfounded 2025active for 1 yearKruisdreef 11, 2990 Wuustwezel, BelgiumKBO/BCE: BE 1019.401.110

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

byPieternel has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36,997 and a net result of €33,997. Its solvency ranks better than 69% of 11,760 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
31-07-2026
Format
micro format
Reference
2026-00365001
Turnover
≈ €140,000
Estimated: probably between €110,000 and €200,000
Total assets
€52,088
Net result
€33,997
Working capital
€15,511

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €52,088
Fixed assets €21,487
Current assets €30,601
Equity and liabilities €52,088
Equity €36,997
Debt €15,091
Debt finances 29.0% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€48,471
Cash flow
€39,011
Current ratio
2.03
Debt to equity
0.41
ROE
91.9%
ROA
65.3%
Interest coverage
over 100
Debt ≤ 1 year
€15,091
Income taxes
€9,357

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,279 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 39 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 31-07-2026.

Balance sheet Code2025
Assets
Total assets20/58€52,088
Fixed assets21/28€21,487
Intangible fixed assets21€4
Tangible fixed assets22/27€21,483
Plant, machinery and equipment23€1,580
Furniture and vehicles24€19,902
Current assets29/58€30,601
Amounts receivable within one year40/41€5,923
Trade receivables40€4,979
Other amounts receivable41€943
Cash at bank and in hand54/58€22,880
Deferred charges and accrued income490/1€1,799
Equity and liabilities
Total equity and liabilities10/49€52,088
Equity10/15€36,997
Contributions10/11€3,000
Reserves13€33,997
Distributable reserves133€33,997
Amounts payable17/49€15,091
Amounts payable within one year42/48€15,091
Trade debts44€2,023
Suppliers440/4€2,023
Taxes, remuneration and social security45€2,062
Taxes450/3€2,062
Other amounts payable47/48€11,006
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,013
Other operating charges640/8€1,234
Gross operating margin9900€49,705
Operating profit (loss)9901€43,457
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€103
Recurring financial charges65€103
Profit (loss) for the period before taxes9903€43,354
Income taxes67/77€9,357
Profit (loss) for the period9904€33,997
Profit (loss) for the period to be appropriated9905€33,997
Appropriation of the result
Profit (loss) to be appropriated9906€33,997
Transfer to equity691/2€33,997
To other reserves6921€33,997

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,013
Other operating charges640/8€1,234
Gross operating margin9900€49,705
Operating profit (loss)9901€43,457
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€103
Recurring financial charges65€103
Profit (loss) for the period before taxes9903€43,354
Income taxes67/77€9,357
Profit (loss) for the period9904€33,997
Profit (loss) for the period to be appropriated9905€33,997
Line2025
Assets
Total assets20/58€52,088
Fixed assets21/28€21,487
Intangible fixed assets21€4
Tangible fixed assets22/27€21,483
Plant, machinery and equipment23€1,580
Furniture and vehicles24€19,902
Current assets29/58€30,601
Amounts receivable within one year40/41€5,923
Trade receivables40€4,979
Other amounts receivable41€943
Cash at bank and in hand54/58€22,880
Deferred charges and accrued income490/1€1,799
Equity and liabilities
Total equity and liabilities10/49€52,088
Equity10/15€36,997
Contributions10/11€3,000
Reserves13€33,997
Distributable reserves133€33,997
Amounts payable17/49€15,091
Amounts payable within one year42/48€15,091
Trade debts44€2,023
Suppliers440/4€2,023
Taxes, remuneration and social security45€2,062
Taxes450/3€2,062
Other amounts payable47/48€11,006
Line2025
Profit (loss) for the period9904€33,997
+ Depreciation and write-downs630€5,013
Operating cash flow (approximation)€39,011

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 31-07-2026 2026-00365001 NBB

Similar companies · same sector, comparable size

Of the 3,885 active companies whose main activity is activities of interior architects (NACE 71112), figures are known for 1,342. 1,093 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.