MAISON PIVOT-BADOUX SA
ActiveMAISON PIVOT-BADOUX SA has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €159k and a net result of €22k. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 38% of 10250 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
86
/ 100
Excellent▲ +38 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▲+10
Solvency64▲+31
Growth58=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 2.92 against 0.98 in 2024), but 73% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 47
Relative position
BE, all sectors
reference
Sector 47
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
27%
Return on assets
3.7%
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 09-08-2026, 9 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
9 d late
2024
14 d early
2023
21 d late
2022
11 d late
2021
4 d late
2020
3 d early
2019
31 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€159k▲ 15.7%
2024 · €137k
2018: €204k
2019: €206k
2020: €217k
2021: €228k
2022: €238k
2023: €244k
2024: €137k
2018 → 2025
Total assets
€588k▲ 0.5%
2024 · €585k
2018: €647k
2019: €678k
2020: €635k
2021: €613k
2022: €617k
2023: €563k
2024: €585k
2018 → 2025
Net result
€22k▲ 36.0%
2024 · €16k
2018: €13k
2019: €3k
2020: €11k
2021: €10k
2022: €10k
2023: €6k
2024: €16k
2018 → 2025
Working capital
€293k
2024 · €-7k
2018: €78k
2019: €72k
2020: €80k
2021: €99k
2022: €76k
2023: €73k
2024: €-7k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€228k-€238k▲ 4.6%€244k▲ 2.3%€137k▼ 43.7%€159k▲ 15.7%
Operating result€23k-€19k▼ 18.0%€18k▼ 4.4%€40k▲ 128%€44k▲ 8.0%
Net result€10k-€10k▲ 1.2%€6k▼ 46.4%€16k▲ 184%€22k▲ 36.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 8% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €588k
Fixed assets
€142k▼ 12.5%
Current assets
€446k▲ 5.5%
Equity and liabilities €588k
Equity
€159k▲ 15.7%
Debt
€429k▼ 4.1%
The debt ratio falls from 76.5% to 73.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€67k▼
2024 · €70k
Cash flow
€45k▼
2024 · €46k
Solvency
27.0%▲
2024 · 23.5%
Current ratio
2.92▲
2024 · 0.98
Quick ratio
0.83▲
2024 · 0.25
Debt / equity
2.70▼
2024 · 3.26
ROE
13.6%▲
2024 · 11.5%
ROA
3.7%▲
2024 · 2.7%
Interest coverage
5.28▲
2024 · 3.67
Debt
€429k▼
2024 · €448k
Debt ≤ 1 year
€153k▼
2024 · €430k
Debt > 1 year
€276k
Income taxes
€14k▲
2024 · €11k
Staff costs
€48k▲
2024 · €44k
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€585k€588k▲
Fixed assets21/28€162k€142k▼
Tangible fixed assets22/27€162k€142k▼
Land and buildings22€146k€131k▼
Plant, machinery and equipment23€15k€8k▼
Furniture and vehicles24€2k€3k▲
Financial fixed assets28€120€120=
Current assets29/58€423k€446k▲
Stocks and contracts in progress3€317k€319k▲
Stocks30/36€317k€319k▲
Amounts receivable within one year40/41€25k€42k▲
Trade receivables40€22k€42k▲
Other amounts receivable41€3k-
Cash at bank and in hand54/58€81k€83k▲
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€585k€588k▲
Equity10/15€137k€159k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€75k€96k▲
Non-distributable reserves130/1€200€200=
Legal reserve130€200€200=
Distributable reserves133€75k€96k▲
Profit (loss) carried forward14€944€957▲
Amounts payable17/49€448k€429k▼
Amounts payable after more than one year17-€276k
Financial debts170/4-€276k
Amounts payable within one year42/48€430k€153k▼
Current portion of amounts payable after more than one year42€8k€28k▲
Trade debts44€7k€40k▲
Suppliers440/4€7k€40k▲
Taxes, remuneration and social security45€36k€41k▲
Taxes450/3€27k€32k▲
Remuneration and social security454/9€9k€9k▲
Other amounts payable47/48€379k€43k▼
Accrued charges and deferred income492/3€18k-
Income statement
Code20242025
Remuneration, social security and pensions62€44k€48k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€23k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-7k€7k▲
Other operating charges640/8€7k€7k▲
Non-recurring operating charges66A€27k-
Gross operating margin9900€142k€130k▼
Operating profit (loss)9901€40k€44k▲
Financial income75/76B€5k€4k▼
Recurring financial income75€5k€4k▼
Financial charges65/66B€19k€13k▼
Recurring financial charges65€19k€13k▼
Profit (loss) for the period before taxes9903€26k€35k▲
Income taxes67/77€11k€14k▲
Profit (loss) for the period9904€16k€22k▲
Profit (loss) for the period to be appropriated9905€16k€22k▲
Appropriation of the result
Profit (loss) to be appropriated9906€17k€22k▲
Profit (loss) brought forward from the previous period14P€923€944▲
Transfer from equity791/2€122k-
Transfer to equity691/2€16k€22k▲
To other reserves6921€16k€22k▲
Profit to be distributed694/7€122k-
Return on contributions (dividend)694€122k-
The notes to these accounts (10 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
09-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 9 days late
2025
31-12
Financial
Highest result since 2018net €22k ▲36%
Operating result €44k, net result €22k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 2.92
Current ratio from 0.98 to 2.92; short-term debt falls from €430k to €153k.
31-12
Financial
Equity above €150kEq €159k ▲15.7%
8 profitable years in a row build equity to €159k.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €3k ▼79.5%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
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, Nandrin · 1 establishment unit since 2003
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 de Dinant 134550 NandrinGround area
2,409 m²
Building footprint
729 m²
Volume, LiDAR
3,136 m³
Parcel 61078E0255/00G006, Wallonia · tallest building 6.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Rue de Dinant 13, 4550 Nandrin
since 20032.127.009.961
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61078E0255/00G006 | Wallonia | 2,408 m² | 1 · 729 m² | 6.7 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteNandrin2.127.009.961
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Of 1,722 companies in sector 47521 we hold annual accounts for 1,289. 952 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded09-04-2003
Fiscal year end31-12
Activities, NACEBEL
47521Retail sale of hardware, building materials, paint and glass (general range)
47783Retail trade
47784Retail trade
52461
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.