MATHIEU PIRONT ISOLATION
ActiveSummary
The computed 12-month bankruptcy probability of MATHIEU PIRONT ISOLATION is 2.2% (moderate). The 2025 annual accounts show equity of €136k and a net result of €38k. Equity is growing by ~22.6% per year across the filed fiscal years. Its solvency ranks better than 45% of 27786 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▼-15
Solvency67▼-30
Growth52=
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.19 against 3.27 in 2024; short-term debt: 50.7% and cash: 39.6% of total assets), and 57.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 · 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
42.3%
Return on assets
11.8%
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 23-08-2026, 23 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 · 4 filingsDeviation from the deadline
2025
23 d late
2024
18 d late
2023
8 d late
2022
8 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€136k▼ 37.1%
2024 · €216k
2022: €106k
2023: €147k
2024: €216k
2022 → 2025
Total assets
€321k▲ 6.7%
2024 · €301k
2022: €213k
2023: €287k
2024: €301k
2022 → 2025
Net result
€38k▼ 45.6%
2024 · €69k
2022: €102k
2023: €42k
2024: €69k
2022 → 2025
Working capital
€31k▼ 73.3%
2024 · €114k
2022: €66k
2023: €94k
2024: €114k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€106k-€147k▲ 38.6%€216k▲ 46.5%€136k▼ 37.1%
Operating result€130k-€56k▼ 56.9%€91k▲ 62.2%€53k▼ 41.4%
Net result€102k-€42k▼ 59.1%€69k▲ 65.8%€38k▼ 45.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 41% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €321k
Fixed assets
€128k ▼ 5.9%
Current assets
€193k ▲ 17.2%
Equity and liabilities €321k
Equity
€136k ▼ 37.1%
Debt
€185k ▲ 118%
Debt's share of the balance-sheet total rises from 28.3% to 57.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€89k▼
2024 · €119k
Cash flow
€73k▼
2024 · €97k
Current ratio
1.19▼
2024 · 3.27
Quick ratio
0.99▼
2024 · 2.61
Debt to equity
1.36▲
2024 · 0.39
ROE
27.8%▼
2024 · 32.1%
ROA
11.8%▼
2024 · 23.0%
Interest coverage
32.43▼
2024 · 43.08
Debt ≤ 1 year
€163k▲
2024 · €50k
Debt > 1 year
€22k▼
2024 · €35k
Income taxes
€13k▼
2024 · €19k
Staff costs
€2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€301k€321k▲
Formation expenses20€291€83▼
Fixed assets21/28€135k€128k▼
Tangible fixed assets22/27€135k€128k▼
Plant, machinery and equipment23€58k€64k▲
Furniture and vehicles24€70k€57k▼
Other tangible fixed assets26€7k€7k▼
Current assets29/58€165k€193k▲
Stocks and contracts in progress3€33k€32k▼
Stocks30/36€33k€32k▼
Amounts receivable within one year40/41€28k€32k▲
Trade receivables40€19k€32k▲
Other amounts receivable41€9k-
Cash at bank and in hand54/58€100k€127k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€301k€321k▲
Equity10/15€216k€136k▼
Contributions10/11€4k€4k=
Reserves13€212k€132k▼
Distributable reserves133€212k€132k▼
Amounts payable17/49€85k€185k▲
Amounts payable after more than one year17€35k€22k▼
Financial debts170/4€35k€22k▼
Amounts payable within one year42/48€50k€163k▲
Current portion of amounts payable after more than one year42€12k€12k▲
Trade debts44€9k€8k▼
Suppliers440/4€9k€8k▼
Taxes, remuneration and social security45€22k€33k▲
Taxes450/3€22k€33k▲
Other amounts payable47/48€8k€109k▲
Income statement
Code20242025
Non-recurring operating income76A-€5k
Remuneration, social security and pensions62-€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€35k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€121k€92k▼
Operating profit (loss)9901€91k€53k▼
Financial income75/76B€28€30▲
Recurring financial income75€28€30▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€89k€51k▼
Income taxes67/77€19k€13k▼
Profit (loss) for the period9904€69k€38k▼
Profit (loss) for the period to be appropriated9905€69k€38k▼
Appropriation of the result
Profit (loss) to be appropriated9906€69k€38k▼
Transfer from equity791/2-€80k
Transfer to equity691/2€68k-
To other reserves6921€68k-
Profit to be distributed694/7€833€118k▲
Return on contributions (dividend)694€833€118k▲
The notes to these accounts (8 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
23-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 23 days late
2025
31-12
Financial
Weakest financial yearnet €38k ▼45.6%
Net result drops to €38k, the lowest in the series.
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
31-12
Financial
Equity above €200kEq €216k ▲46.5%
3 profitable years in a row build equity to €216k.
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
08-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Limbourg · 1 establishment unit since 2021
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.
Nouvelle Route 244831 LimbourgGround area
1,527 m²
Building footprint
288 m²
Volume, LiDAR
1,921 m³
2 parcels, Wallonia · tallest building 9.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MATHIEU PIRONT ISOLATION
since 20212.317.362.464
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63009B0163/00D002 | Wallonia | 918 m² | 1 · 145 m² | 7.7 m · 2 fl. |
| 63009A0234/00X000 | Wallonia | 610 m² | 1 · 144 m² | 9.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
GROUP BORGES
BE 0753.870.637
Brussel · Eq €135,972
Isobos
BE 0676.502.150
Antwerpen · Eq €136,151
B.PONCELET TOITURES
BE 0872.393.155
Soumagne · Eq €136,250
SA ISOCLEANING
BE 0839.858.068
Hechtel-Eksel · Eq €136,465
Zencoustic
BE 1022.222.424
Kapellen · Eq €134,687
Of 4,271 companies in sector 43230 we hold annual accounts for 1,241. 1,029 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-05-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43230Insulation installation
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:jerome@cratzborn.be
Phone:+32496979082
E-mail:contact@piront-isolation.be