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P.i.D

Active
Private limited company (pre-2019)founded 199927 years activeWeidepenningstraat 6, 8340 Damme, BelgiumKBO/BCE: BE 0465.540.018
Summary

P.i.D has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €123,065 and a net result of €2,671. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 80% of 145 sector peers (NACE 20, fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Manufacture of chemicals and chemical products
NACE 20600
#8 oldest company in Damme, Manufacturing sector1 site
Size
€169,227total assets 2025
Equity
€123,065
Profit
€2,671
Turnover not published (abridged schema)
Financial health
89 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.2%
Structure
Accounts 1 day early0 of 1 deed read
Why 89- Liquidity: current ratio 3.67, cash €6,456, halved+ Founded in 1999+ Figures for FY 2025 (filed 29-04-2026)+ Equity €123,065 (72.7% of total assets)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 53% of its sector peers (NACE 20, micro)
Financial strength · tick = 2024
Average
Solvency 98+2
equity 72.7% of total assets
Liquidity 44-44
short-term debt 27.3% · cash 3.8%
Profitability 41+3
return on assets 1.6%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (355 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: < 0.1%▼ -0.1 percentage points vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: 0.2%▲ +0.2 percentage points vs 04-2026highest value 06-2026: 0.2%● unchanged vs 05-2026highest value 07-2026: 0.2%● unchanged vs 06-2026highest value 08-2026: 0.2%● unchanged vs 07-2026highest value 09-2026: 0.2%● unchanged vs 08-2026highest value 10-2026: 0.2%● unchanged vs 09-2026
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 3.67 against 3.47 in 2024; short-term debt: 27.3% and cash: 3.8% of total assets), and 27.3% of the assets are financed with debt.
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 20, micro): better than 77% on solvency, 42% on liquidity, 39% on profitability and 55% on growth.

The bankruptcy probability was computed on 07-10-2026 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

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Founded in 1999
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 3.67, cash €6,456, halved
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 29-04-2026)
NBB · annual accounts
lowers risk · Equity €123,065 (72.7% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
2 days early
2023
1 day early
2022
5 days early
2021
2 days late
2020
27 days late
2019
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 3 days after the deadline; the sector median for financial year 2024 is 22 days before the deadline, and 27% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 29 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 close07-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Positive: Oldest company in Damme, Manufacturing sectorin the Checked rankings #8 View
  • Positive: 7 profitable years in a rowprofit 2025: €2,671 7 years View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View

By topic

Financials

Fiscal year
2025
Total assets
€169,227
Profit
€2,671
Solvency
72.7%
Total assets=
Net result
20192025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 30-04-2027
  1. 30-09-2023Highest result since 2019
  2. 30-09-2023Liquidity times 6
  3. 30-09-2023Equity above €100,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Manufacture of chemicals and chemical productsNACE 20600
Founded
17-03-1999
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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