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LINGIER PIETER-SERVICES

Active
Private limited company (pre-2019)founded 2002active for 24 yearsWijnendalestraat 17, 8820 Torhout, BelgiumKBO/BCE: BE 0477.307.603
Summary

The computed 12-month bankruptcy probability of LINGIER PIETER-SERVICES is 2.2% (moderate). The annual accounts of LINGIER PIETER-SERVICES for financial year 2024 show a net loss of 71% of total assets and of 52% of the equity at the start of that year. The 2024 annual accounts show equity of €19,936 and a net result of -€21,206. Equity is shrinking by about 7% per year across the filed financial years. Its solvency ranks better than 72% of 35,977 sector peers (NACE 43, financial year 2024). The company has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
LINGIER PIETER-SERVICESActiveChecked score 52/100
Risk analysis ReportCompare

Overview

Activity
Joinery installation
NACE 43320
1 site
Size
€58,988turnover 2024
Equity
€19,936
Loss
-€21,206
Financial health
52 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.2%
Structure
2025 accounts not filed, 89 days past the deadline
Why 52raises riskFigures for financial year 2024 (filed 24-06-2025)Loss of €21,206 (financial year 2024)1 financial year not filed after the legal deadline; 1 of the last 3 latelowers riskFounded in 2002Show the evidence

Checked score

Score 2024
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 29% of its sector peers (NACE 43, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Average
Solvency 91-9
equity 66.5% of total assets
Liquidity 43-2
short-term debt 33.5% · cash 6.0%
Profitability 0-61
return on assets -70.7%
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,644 companies, NACE 43, micro)
Last 24 months 11-2024: 1.8% 12-2024: 2.3%▲ +0.5 percentage points vs 11-2024 01-2025: 4.1%▲ +1.8 percentage points vs 12-2024highest value 02-2025: 1.2%▼ -2.9 percentage points vs 01-2025 03-2025: 1.2%● unchanged vs 02-2025 04-2025: 1.2%● unchanged vs 03-2025 05-2025: 1.2%● unchanged vs 04-2025 06-2025: 1.1%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 1.1%● unchanged vs 06-2025 08-2025: 1.1%● unchanged vs 07-2025 09-2025: 1.1%● unchanged vs 08-2025 10-2025: 1.1%● unchanged vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.2%▲ +0.1 percentage points vs 12-2025 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026 04-2026: 1.2%● unchanged vs 03-2026 05-2026: 1.2%● unchanged vs 04-2026 06-2026: 1.1%▼ -0.1 percentage points vs 05-2026 07-2026: 1.2%▲ +0.1 percentage points vs 06-2026 08-2026: 1.6%▲ +0.4 percentage points vs 07-2026 09-2026: 1.6%● unchanged vs 08-2026 10-2026: 2.2%▲ +0.6 percentage points vs 09-2026
Credit of up to €1,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 2.91, compared with 5.15 in 2023, above the usual 1.5; short-term debt: 33.5% and cash: 6% of total assets), and 33.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 72% on solvency, 33% on liquidity, 4% on profitability and 9% on growth.

The bankruptcy probability was computed on 27-10-2026 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.

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

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 24-06-2025)
NBB · annual accounts
lowers risk · Founded in 2002
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Loss of €21,206 (financial year 2024)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; 1 of the last 3 late
NBB · filings
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 89 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline28-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
38 days early
2023
159 days late
2022
28 days late
2021
30 days late
2020
269 days late
2019
55 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 84 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Weakest financial yearnet -€21,206

Key points

  • Caution: Among the weakest 7% on net resultsector median €9,463 · 35,946 companies -€21,206 View
  • Caution: 2025 accounts not fileddeadline was 31-07-2026 89 days past the deadline View
  • Turnover 2024first financial year filed €58,988 View

By topic

Financials

Financial year
2024
Turnover
€58,988
Loss
-€21,206
Solvency
66.5%
Go to Financials

Timeline

Events
25
Since
2003
  1. 31-12-2023Back to profit
  2. 28-08-2023Annual accounts filed
  3. 30-08-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Joinery installationNACE 43320
Founded
09-04-2002
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about LINGIER PIETER-SERVICES

What is the company number of LINGIER PIETER-SERVICES?
0477.307.603. In Belgium the VAT number is the company number with BE in front: BE 0477.307.603.
Where is LINGIER PIETER-SERVICES based?
The registered office is at Wijnendalestraat 17, 8820 Torhout.Company details
What does LINGIER PIETER-SERVICES do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of LINGIER PIETER-SERVICES?
Private limited company (pre-2019) (BVBA).
When was LINGIER PIETER-SERVICES founded?
On 09-04-2002.
Is LINGIER PIETER-SERVICES still active?
Yes, LINGIER PIETER-SERVICES is an active enterprise in the KBO register.
What is the turnover of LINGIER PIETER-SERVICES?
€58,988 in financial year 2024, according to the filed annual accounts.Financials
Is LINGIER PIETER-SERVICES profitable?
In financial year 2024, LINGIER PIETER-SERVICES made a loss of €21,206.
Where can I find the annual accounts of LINGIER PIETER-SERVICES?
LINGIER PIETER-SERVICES filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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