PERTINEA PROPERTY PARTNERS
ActivePERTINEA PROPERTY PARTNERS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.99M and a net result of €1.81M. Equity is growing by ~16.1% per year across the filed fiscal years. Its solvency ranks better than 64% of 3163 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-5
Solvency95▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €850k at 30 days acceptable
Liquidity ample (current ratio 2.58 against 2.23 in 2024; short-term debt: 30.5% and cash: 7.1% of total assets), and 30.5% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
69.5%
Return on assets
11.5%
Age of the figures
9 mo
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
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
30 d early
2023
6 d early
2022
4 d early
2021
5 d early
2020
1 d early
2019
on the day
← 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1.81M▲ 29.9%
2024 · €1.40M
2018: €409k
2019: €2.21M
2020: €1.16M
2021: €1.39M
2022: €1.61M
2023: €1.29M
2024: €1.40M
2018 → 2025
Working capital
€7.60M▲ 15.6%
2024 · €6.57M
2018: €1.97M
2019: €4.04M
2020: €4.98M
2021: €5.95M
2022: €6.56M
2023: €7.85M
2024: €6.57M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€7.27M-€8.67M▲ 19.2%€9.96M▲ 14.9%€9.17M▼ 7.9%€10.99M▲ 19.8%
Operating result€779k-€1.28M▲ 64.1%€1.09M▼ 15.1%€1.29M▲ 18.5%€976k▼ 24.1%
Net result€1.39M-€1.61M▲ 16.2%€1.29M▼ 19.7%€1.40M▲ 8.0%€1.81M▲ 29.9%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 24% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15.80M
Fixed assets
€3.39M▼ 3.1%
Current assets
€12.41M▲ 4.3%
Equity and liabilities €15.80M
Equity
€10.99M▲ 19.8%
Debt
€4.81M▼ 22.7%
The debt ratio falls from 40.4% to 30.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€989k▼
2024 · €1.30M
Cash flow
€1.83M▲
2024 · €1.41M
Solvency
69.5%▲
2024 · 59.6%
Current ratio
2.58▲
2024 · 2.23
Quick ratio
2.58▲
2024 · 2.23
Debt / equity
0.44▼
2024 · 0.68
ROE
16.5%▲
2024 · 15.2%
ROA
11.5%▲
2024 · 9.1%
Interest coverage
5.01▼
2024 · 11.07
Debt
€4.81M▼
2024 · €6.22M
Debt ≤ 1 year
€4.81M▼
2024 · €5.32M
Debt > 1 year
€0▼
2024 · €900k
Income taxes
€580k▼
2024 · €656k
Staff costs
€87k▼
2024 · €96k
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€15.40M€15.80M▲
Fixed assets21/28€3.50M€3.39M▼
Tangible fixed assets22/27€38k€29k▼
Furniture and vehicles24€38k€29k▼
Financial fixed assets28€3.46M€3.36M▼
Current assets29/58€11.90M€12.41M▲
Amounts receivable after more than one year29€547k€586k▲
Other amounts receivable291€547k€586k▲
Amounts receivable within one year40/41€8.23M€8.62M▲
Trade receivables40€5.04M€4.20M▼
Other amounts receivable41€3.19M€4.42M▲
Cash at bank and in hand54/58€77k€1.12M▲
Deferred charges and accrued income490/1€3.04M€2.08M▼
Equity and liabilities
Total equity and liabilities10/49€15.40M€15.80M▲
Equity10/15€9.17M€10.99M▲
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€9.07M€10.89M▲
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Tax-exempt reserves132€1k€1k=
Distributable reserves133€9.06M€10.88M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€6.22M€4.81M▼
Amounts payable after more than one year17€900k€0▼
Financial debts170/4€900k€0▼
Amounts payable within one year42/48€5.32M€4.81M▼
Current portion of amounts payable after more than one year42€501k€1.45M▲
Financial debts43€1.75M€2.39M▲
Credit institutions430/8€1.75M€2.39M▲
Trade debts44€105k€34k▼
Suppliers440/4€105k€34k▼
Taxes, remuneration and social security45€909k€207k▼
Taxes450/3€901k€193k▼
Remuneration and social security454/9€8k€14k▲
Other amounts payable47/48€2.06M€736k▼
Income statement
Code20242025
Non-recurring operating income76A€9k€0▼
Remuneration, social security and pensions62€96k€87k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€12k▼
Other operating charges640/8€4k€18k▲
Non-recurring operating charges66A€45€0▼
Gross operating margin9900€1.40M€1.09M▼
Operating profit (loss)9901€1.29M€976k▼
Financial income75/76B€885k€1.67M▲
Recurring financial income75€885k€1.67M▲
Financial charges65/66B€119k€247k▲
Recurring financial charges65€117k€197k▲
Non-recurring financial charges66B€1k€50k▲
Profit (loss) for the period before taxes9903€2.05M€2.39M▲
Income taxes67/77€656k€580k▼
Profit (loss) for the period9904€1.40M€1.81M▲
Profit (loss) for the period to be appropriated9905€1.40M€1.81M▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.40M€1.81M▲
Transfer from equity791/2€2.19M€0▼
Transfer to equity691/2€1.40M€1.81M▲
To other reserves6921€1.40M€1.81M▲
Profit to be distributed694/7€2.19M€0▼
Return on contributions (dividend)694€2.19M€0▼
Social balance
Average headcount (FTE)90871.30.9▼
The notes to these accounts (18 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Equity above €10MEq €10.99M ▲19.8%
8 profitable years in a row build equity to €10.99M.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €5MEq €5.89M ▲24.5%
3 profitable years in a row build equity to €5.89M.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €2.21M ▲442%
Operating result €3.17M, net result €2.21M, both a record.
15-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
15 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, Merchtem · 1 establishment unit since 2010
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.
Kleistraat 681785 MerchtemGround area
476 m²
Parcel 23012C0265/00A000, Flanders. Linked by address, not a title deed.
1 establishment unit
Pertinea Property Partners
since 20102.197.680.597
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23012C0265/00A000 | Flanders | 476 m² | - | - |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 925 EUR awarded · 925 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 98 EUR | 360 EUR |
| 2024 | 1 | 723 EUR | 461 EUR |
| 2022 | 1 | 104 EUR | 104 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 6,328 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded22-12-2010
Fiscal year end31-12
Abbreviation FR
Pertinea-Pertinea Real Estate Investment Managers-Pertinea REIM
Activities, NACEBEL
64999Other financial services
70200Business and other management consultancy
70220Business consulting
68110Buying and selling of own real estate
68121Development of residential building projects
70100Activities of head offices
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.