Nicolas Petit et fils
ActiveNicolas Petit et fils has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €138k and a net result of €14k. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 37% of 7760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▲+23
Solvency59▲+11
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.14 against 1.03 in 2024; short-term debt: 62.1% and cash: 20% of total assets), and 66.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
33.6%
Return on assets
3.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
13 d early
2023
26 d late
2022
24 d late
2021
22 d late
2020
29 d late
2019
30 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€14k▲ 383%
2024 · €3k
2018: €3k
2019: €5k
2020: €2k
2021: €2k
2022: €5k
2023: €5k
2024: €3k
2018 → 2025
Working capital
€35k▲ 217%
2024 · €11k
2018: €33k
2019: €27k
2020: €-31k
2021: €25k
2022: €29k
2023: €3k
2024: €11k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€112k-€117k▲ 4.4%€122k▲ 3.9%€124k▲ 2.3%€138k▲ 10.9%
Operating result€7k-€14k▲ 110%€11k▼ 20.5%€17k▲ 53.4%€22k▲ 28.7%
Net result€2k-€5k▲ 98.7%€5k▼ 8.0%€3k▼ 38.0%€14k▲ 383%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 29% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €411k
Fixed assets
€121k▼ 17.7%
Current assets
€290k▼ 28.3%
Equity and liabilities €411k
Equity
€138k▲ 10.9%
Debt
€273k▼ 36.1%
The debt ratio falls from 77.4% to 66.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€48k▲
2024 · €46k
Cash flow
€40k▲
2024 · €31k
Solvency
33.6%▲
2024 · 22.6%
Current ratio
1.14▲
2024 · 1.03
Quick ratio
0.58▲
2024 · 0.56
Debt / equity
1.98▼
2024 · 3.43
ROE
9.8%▲
2024 · 2.3%
ROA
3.3%▲
2024 · 0.5%
Interest coverage
5.52▲
2024 · 3.17
Debt
€273k▼
2024 · €427k
Debt ≤ 1 year
€255k▼
2024 · €393k
Debt > 1 year
€17k▼
2024 · €33k
Income taxes
€163▲
2024 · €149
Staff costs
€287k▼
2024 · €333k
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€551k€411k▼
Fixed assets21/28€147k€121k▼
Tangible fixed assets22/27€134k€108k▼
Land and buildings22€7k€7k▼
Plant, machinery and equipment23€22k€19k▼
Furniture and vehicles24€104k€82k▼
Financial fixed assets28€13k€13k=
Current assets29/58€405k€290k▼
Stocks and contracts in progress3€186k€143k▼
Stocks30/36€186k€143k▼
Amounts receivable within one year40/41€146k€60k▼
Trade receivables40€130k€51k▼
Other amounts receivable41€16k€10k▼
Cash at bank and in hand54/58€59k€82k▲
Deferred charges and accrued income490/1€14k€5k▼
Equity and liabilities
Total equity and liabilities10/49€551k€411k▼
Equity10/15€124k€138k▲
Contributions10/11€131k€131k=
Profit (loss) carried forward14€-7k€7k▲
Amounts payable17/49€427k€273k▼
Amounts payable after more than one year17€33k€17k▼
Financial debts170/4€33k€17k▼
Amounts payable within one year42/48€393k€255k▼
Current portion of amounts payable after more than one year42€21k€16k▼
Financial debts43€80k-
Credit institutions430/8€80k-
Trade debts44€58k€27k▼
Suppliers440/4€58k€27k▼
Taxes, remuneration and social security45€28k€19k▼
Taxes450/3€2k€932▼
Remuneration and social security454/9€26k€18k▼
Other amounts payable47/48€206k€193k▼
Accrued charges and deferred income492/3-€928
Income statement
Code20242025
Remuneration, social security and pensions62€333k€287k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€26k▼
Other operating charges640/8€3k€3k▼
Gross operating margin9900€382k€338k▼
Operating profit (loss)9901€17k€22k▲
Financial income75/76B-€130
Recurring financial income75-€130
Financial charges65/66B€14k€9k▼
Recurring financial charges65€14k€9k▼
Profit (loss) for the period before taxes9903€3k€14k▲
Income taxes67/77€149€163▲
Profit (loss) for the period9904€3k€14k▲
Profit (loss) for the period to be appropriated9905€3k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€7k▲
Profit (loss) brought forward from the previous period14P€-10k€-7k▲
Transfer from equity791/2€11k-
Transfer to equity691/2€11k-
To contributions691€11k-
To other reserves6921€0-
Social balance
Average headcount (FTE)90879.69.5▼
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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €14k ▲383%
Operating result €22k, net result €14k, both a record.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 26 days late
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 24 days late
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 22 days late
2021
29-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 29 days late
2020
31-12
Financial
Weakest financial yearnet €2k ▼60.1%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 30 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 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, Liège · 1 establishment unit since 1943
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.
Avenue de la Croix-Rouge 1504020 LiègeGround area
1,659 m²
Building footprint
103 m²
Volume, LiDAR
789 m³
Parcel 62020A0362/00D002, Wallonia · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Avenue de la Croix-Rouge 150, 4020 Liège
since 19432.003.168.279
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62020A0362/00D002 | Wallonia | 1,659 m² | 1 · 103 m² | 10.3 m · 2 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
Recognised contractor
4 categoriesNicolas Petit et fils SRL03299
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Of 4,270 companies in sector 43230 we hold annual accounts for 1,240. 1,030 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL
43230Insulation installation
43291Specialised construction activities
43410Roofing work
45220
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.