Losses
-€3,965 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
LE MOULIN DE PONCELLE
Lifetime
18 annual accounts with figures on one time axis, 20 filings since 2005Gross marginpeak €5,732 (2018)
-€301▼ €2,102
Resultlowest -€3,012 (2025)
-€3,012▼ €2,058
Equitypeak €63,204 (2023)
€59,239▼ 4.8%
Debts
€28,200▲ 4.9%
Board2 names since 2015
2 directorsSTIERNON Louis and 1 other
Documentsfilings and deeds
26-05-202626 days late
2025micro format
Gross margin from €1,801 to -€301Loss of €3,012Cash from €625 to €334
Key points
from the 2025 annual accountsFilings
20 annual accounts since 2005
Three of the last ten came late. The 2022 accounts came latest: 64 days after the end of the period.
Turnover not published (micro format)
Checked score
85
Excellent
Financially stronger than 39% of micro companies in real estate (NACE 68)
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: 0.2% across 26,628 companies (NACE 68, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.5%▲ +0.1 percentage points vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.5%● unchanged vs 06-2025
08-2025: 0.5%● unchanged vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.6%▲ +0.1 percentage points vs 03-2026
05-2026: 0.9%▲ +0.3 percentage points vs 04-2026highest value
06-2026: 0.3%▼ -0.6 percentage points vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.3%● unchanged vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026lowest value
11-2026: 0.3%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 1.34, cash €334
lowers risk
Founded in 2003
Legal form: public limited company
Sector: Real estate activities (NACE 68)
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 68, micro). It does better than 76% of them on solvency, 29% on liquidity, 17% on profitability and 34% on growth.
The bankruptcy probability was computed on 04-11-2026 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 30-09-2025.
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, 12,322 companies had the same profile as LE MOULIN DE PONCELLE has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.6%
stopped another way
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of LE MOULIN DE PONCELLE itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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 12,322 companies, not a prediction for LE MOULIN DE PONCELLE. 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 €5,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.34 (1.42 in 2024), below the usual 1.5. Short-term debt is 32.3% and cash 0.4% of total assets. 32.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 26 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 26-05-2026, 26 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 · 10 filingsDeviation from the deadline
2025
26 days late
2024
8 days early
2023
23 days late
2022
64 days late
2021
1 day early
2020
16 days early
2019
22 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 9 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 24 May (4 of the last 5 accounts filed within 32 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end05-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0861609230
Purpose change · Amendment of the articles
“La société a pour objet,en Belgique ou à l’étranger,pour compte propre les actes de gestion de son patrimoine…” (deed in French) · General meeting of 06-05-2024 · Gazette deed
1 director appointed, 2 reappointments
Reappointments: STIERNON Louis and STIERNON François Jean (managing director) · Appointment: STIERNON François Jean · General meeting of 21-12-2023 · Gazette deed
Incorporation
published on 20-11-2003 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| LE MOULIN DE PONCELLE Tintigny | €87,438 | -€301 | 67.7% | - |
| H.H. PROJECT DEVELOPMENT Antwerp | €88,531 | -€297 | 99.5% | - |
| IMMO DE GULDEN POORT Antwerp | €80,181 | -€3,637 | 87.4% | - |
| Gebroeders Mentens Houthalen-Helchteren | €98,692 | -€8,434 | 91.5% | - |
| RENOLIF Laakdal | €71,924 | -€2,251 | 95.3% | - |
| Ladybird Corp. Mont-Saint-Guibert | €109,142 | -€502 | 69.5% | - |
| Imag!n Hulshout | €70,621 | -€740 | 43.3% | - |
These companies have the same main activity as LE MOULIN DE PONCELLE: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €70,600 and €109,000, founded between 1999 and 2006.
Official details
Source: KBO- Status
- Active since 13-11-2003Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housingNACE 68201and 2 others
- Establishment unit
- 2.331.539.4116730 Tintigny, since 07-11-2003
- Financial year end
- 30 September
- Peppol
- Reachable since 23-01-2026
Insights on LE MOULIN DE PONCELLE
LE MOULIN DE PONCELLE files the micro format. That format states no turnover. The gross margin fell from -€22 in 2008 to -€301 in 2025.
In January 2024, the Official Gazette published the appointment of STIERNON François Jean as managing director.
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 LE MOULIN DE PONCELLE
- What is the company number of LE MOULIN DE PONCELLE?
- The company number of LE MOULIN DE PONCELLE is 0861.609.230. The VAT number is the same number with BE in front: BE 0861.609.230.
- Where is LE MOULIN DE PONCELLE based?
- The registered office is at Rue de la Station,Tintigny 1, 6730 Tintigny.Company details
- What does LE MOULIN DE PONCELLE do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of LE MOULIN DE PONCELLE?
- LE MOULIN DE PONCELLE is a public limited company (NV).
- When was LE MOULIN DE PONCELLE founded?
- LE MOULIN DE PONCELLE was founded on 13-11-2003.
- Is LE MOULIN DE PONCELLE still active?
- Yes, LE MOULIN DE PONCELLE is an active enterprise in the KBO register.
- What is the turnover of LE MOULIN DE PONCELLE?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is LE MOULIN DE PONCELLE profitable?
- In financial year 2025, LE MOULIN DE PONCELLE made a loss of €3,012.
- Where can I find the annual accounts of LE MOULIN DE PONCELLE?
- LE MOULIN DE PONCELLE filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LE MOULIN DE PONCELLE due?
- LE MOULIN DE PONCELLE must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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