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P.I. DEVELOPMENT

Active
Private limited companyfounded 1999active for 27 yearsPaulusstraat 17, 3540 Herk-de-Stad, BelgiumKBO/BCE: BE 0466.466.961
Summary

P.I. DEVELOPMENT has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €308,588 and a net result of €56,436. Equity has been growing by about 8.2% per year since 2018. Its solvency ranks better than 88% of 21,148 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 07-07-1999 Normal situation
Activity
Computer programming NACE 62100and 1 other
Establishment unit
2.091.839.939 3540 Herk-de-Stad, since 09-08-1999
Financial year end
31 December
Peppol
Reachable since 03-12-2025

Board and ownership

Board
  • Philtjens Joost HugoDirector · since 20-08-2019

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€82,766
▲ 2.4%
Turnover
≈ €190,000
estimated
Profit
€56,436
▲ 8.3%
Equity
€308,588
▲ 1.2%
Total assets
€344,210
▲ 1.6%
Filed on 03-07-2026, 28 days before the deadline
Score breakdownlowers riskLiquidity: current ratio 9.01, cash €104,190Sector: Computer programming, consultancy and related activities (NACE 62)Equity €308,588 (89.7% of total assets)Size: total assets €344,210Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 64% of micro companies in computer programming and consultancy (NACE 62)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 89.7% of total assets
Liquidity 88+29
short-term debt 10.3% · cash 30.3%
Profitability 89+1
return on assets 16.4%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (25,913 companies, NACE 62, micro)
Last 24 months 12-2024: < 0.1% 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 04-2025lowest value 06-2025: < 0.1%● unchanged 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 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: 0.1%▲ +0.1 percentage points vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026highest value 08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 9.01 (9.21 in 2024), above the usual 1.5. Short-term debt is 10.3% and cash 30.3% of total assets. 10.3% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 62, micro). It does better than 85% of them on solvency, 73% on liquidity, 53% on profitability and 45% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 9.01, cash €104,190
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Equity €308,588 (89.7% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €344,210
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
28 days early
2024
17 days early
2023
36 days early
2022
52 days early
2021
12 days early
2020
54 days early
2019
29 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 33 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 89% of companies in computer programming and consultancysector median €69,131 · 21,154 companies €308,588 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €56,436 8 years View

Recent changes

  1. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as P.I. DEVELOPMENT: computer programming (NACE 62100). They are comparable in size and age: total assets between €315,000 and €378,000, founded between 1997 and 2002.

CompanyTotal assetsGross margin
P.I. DEVELOPMENT Herk-de-Stad€344,210€82,766
BASYS Bilzen-Hoeselt€352,036€98,154
Information Technology & Solutions Diepenbeek€361,266€65,898
NEBO Gent€361,652€84,699
ARGOO Midrange Inventive Solutions Mechelen€315,493€79,422
COMPUTRIX CONSULT Kasterlee€366,611€90,644
HVH Systems Dendermonde€378,158€81,595
Full comparison

Key facts about P.I. DEVELOPMENT

What is the company number of P.I. DEVELOPMENT?
The company number of P.I. DEVELOPMENT is 0466.466.961. The VAT number is the same number with BE in front: BE 0466.466.961.
Where is P.I. DEVELOPMENT based?
The registered office is at Paulusstraat 17, 3540 Herk-de-Stad.Company details
What does P.I. DEVELOPMENT do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of P.I. DEVELOPMENT?
The legal form of P.I. DEVELOPMENT is Private limited company (BV).
When was P.I. DEVELOPMENT founded?
P.I. DEVELOPMENT was founded on 07-07-1999.
Is P.I. DEVELOPMENT still active?
Yes, P.I. DEVELOPMENT is an active enterprise in the KBO register.
What is the turnover of P.I. DEVELOPMENT?
The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €82,766 and 41 comparable companies (NACE 62100). It probably lies between €160,000 and €250,000.Financials
Is P.I. DEVELOPMENT profitable?
In financial year 2025, P.I. DEVELOPMENT made a profit of €56,436.
Where can I find the annual accounts of P.I. DEVELOPMENT?
P.I. DEVELOPMENT filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of P.I. DEVELOPMENT due?
P.I. DEVELOPMENT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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