H & E PIRON
ActiveH & E PIRON has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €125k and a net result of €5k. Equity is growing by ~12.3% per year across the filed fiscal years. Its solvency ranks better than 69% of 27386 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
81
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability19▼-69
Solvency100▲+3
Growth78=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 2.8 against 2.44 in 2024), and 35.1% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
64.9%
Return on assets
2.5%
Age of the figures
8 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 17-08-2026, 17 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
17 d late
2024
31 d late
2023
30 d late
2022
29 d late
2021
30 d late
2020
31 d late
2019
118 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€125k▲ 3.9%
2024 · €120k
2018: €67k
2019: €59k
2020: €70k
2021: €75k
2022: €82k
2023: €99k
2024: €120k
2018 → 2025
Total assets
€192k▼ 13.7%
2024 · €223k
2018: €208k
2019: €190k
2020: €185k
2021: €184k
2022: €173k
2023: €180k
2024: €223k
2018 → 2025
Net result
€5k▼ 77.6%
2024 · €21k
2018: €-522
2019: €-7k
2020: €11k
2021: €5k
2022: €7k
2023: €33k
2024: €21k
2018 → 2025
Working capital
€50k▼ 14.4%
2024 · €59k
2018: €42k
2019: €32k
2020: €42k
2021: €37k
2022: €32k
2023: €51k
2024: €59k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€75k-€82k▲ 9.0%€99k▲ 21.4%€120k▲ 21.3%€125k▲ 3.9%
Operating result€11k-€13k▲ 17.0%€43k▲ 237%€30k▼ 29.4%€9k▼ 68.6%
Net result€5k-€7k▲ 42.3%€33k▲ 395%€21k▼ 36.9%€5k▼ 77.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 69% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €192k
Fixed assets
€115k▼ 7.4%
Current assets
€78k▼ 21.6%
Equity and liabilities €192k
Equity
€125k▲ 3.9%
Debt
€68k▼ 34.3%
The debt ratio falls from 46.1% to 35.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€40k▼
2024 · €53k
Cash flow
€35k▼
2024 · €44k
Solvency
64.9%▲
2024 · 53.9%
Current ratio
2.80▲
2024 · 2.44
Quick ratio
0.69▼
2024 · 0.92
Debt / equity
0.54▼
2024 · 0.86
ROE
3.8%▼
2024 · 17.6%
ROA
2.5%▼
2024 · 9.5%
Interest coverage
11.10▼
2024 · 11.85
Debt
€68k▼
2024 · €103k
Debt ≤ 1 year
€28k▼
2024 · €41k
Debt > 1 year
€40k▼
2024 · €62k
Income taxes
€2k▼
2024 · €6k
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€223k€192k▼
Fixed assets21/28€124k€115k▼
Tangible fixed assets22/27€124k€115k▼
Land and buildings22€63k€52k▼
Plant, machinery and equipment23€4k€4k▲
Furniture and vehicles24€58k€58k▲
Current assets29/58€99k€78k▼
Stocks and contracts in progress3€62k€59k▼
Stocks30/36€62k€59k▼
Amounts receivable within one year40/41€7k€10k▲
Trade receivables40€4k€5k▲
Other amounts receivable41€3k€5k▲
Cash at bank and in hand54/58€24k-
Deferred charges and accrued income490/1€6k€10k▲
Equity and liabilities
Total equity and liabilities10/49€223k€192k▼
Equity10/15€120k€125k▲
Contributions10/11€20k€20k=
Reserves13€47k€52k▲
Tax-exempt reserves132€5k€5k=
Distributable reserves133€42k€47k▲
Profit (loss) carried forward14€53k€53k=
Amounts payable17/49€103k€68k▼
Amounts payable after more than one year17€62k€40k▼
Financial debts170/4€62k€40k▼
Amounts payable within one year42/48€41k€28k▼
Current portion of amounts payable after more than one year42€26k€22k▼
Financial debts43-€188
Credit institutions430/8-€188
Trade debts44€6k€3k▼
Suppliers440/4€6k€3k▼
Taxes, remuneration and social security45€2k€2k▲
Taxes450/3€2k€2k▲
Other amounts payable47/48€6k€250▼
Accrued charges and deferred income492/3€111€68▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€30k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€56k€43k▼
Operating profit (loss)9901€30k€9k▼
Financial income75/76B€1k€898▼
Recurring financial income75€1k€898▼
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€27k€7k▼
Income taxes67/77€6k€2k▼
Profit (loss) for the period9904€21k€5k▼
Profit (loss) for the period to be appropriated9905€21k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€53k€57k▲
Profit (loss) brought forward from the previous period14P€32k€53k▲
Transfer to equity691/2-€5k
To other reserves6921-€5k
The notes to these accounts (7 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
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 17 days late
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Equity above €100kEq €120k ▲21.3%
5 profitable years in a row build equity to €120k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €33k ▲395%
Operating result €43k, net result €33k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €11k
Net result €11k after 2 loss-making years.
26-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 118 days late
2019
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2023
Herbert PIRON
CurrentDirector · since 28-12-2023
28-12-2023
Herbert PIRON: Appointed as Director
28-12-2023
Herbert Elisa Gustaaf PIRON: Resigned as Director
Location & real-estate footprint
Registered office, Schelle · 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.
Provinciale Steenweg 4042627 SchelleGround area
261 m²
Building footprint
145 m²
Volume, LiDAR
770 m³
Parcel 11038A0344/00H002, Flanders · tallest building 10.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
CENTRALE VERWARMINGSTECHNIEKEN OP AARDGAS H & E PIRON BV
since 20022.096.299.365
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11038A0344/00H002 | Flanders | 261 m² | 1 · 145 m² | 10.2 m · 1 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 537 EUR awarded · 450 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 180 EUR | 180 EUR |
| 2024 | 1 | 196 EUR | 109 EUR |
| 2023 | 1 | 161 EUR | 161 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Klimaver
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Of 9,478 companies in sector 43222 we hold annual accounts for 5,627. 4,899 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-06-2002
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
25530Machining of metals
29201Manufacture of motor vehicles, trailers and semi-trailers
43211General electrical installation work
43990Other specialised construction activities
43995Specialised construction activities
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.