PETILLION
ActiveSummary
PETILLION has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €646k and a net result of €72k. Equity is growing by ~25.5% per year across the filed fiscal years. Its solvency ranks better than 77% of 2934 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability79▲+5
Solvency100▲+18
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 3.04 against 1.92 in 2023; short-term debt: 18.5% and cash: 14.9% of total assets), and 25.1% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
74.9%
Return on assets
8.3%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 55 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
55 d late
2023
50 d late
2022
31 d late
2021
30 d late
2020
31 d late
2019
60 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€646k▲ 10.5%
2023 · €585k
2018: €75k
2019: €146k
2020: €245k
2021: €393k
2022: €539k
2023: €585k
2018 → 2024
Total assets
€863k▼ 15.4%
2023 · €1.02M
2018: €128k
2019: €221k
2020: €727k
2021: €862k
2022: €953k
2023: €1.02M
2018 → 2024
Net result
€72k▲ 67.1%
2023 · €43k
2018: €-6k
2019: €71k
2020: €99k
2021: €148k
2022: €146k
2023: €43k
2018 → 2024
Working capital
€325k▲ 11.5%
2023 · €292k
2018: €35k
2019: €133k
2020: €341k
2021: €313k
2022: €387k
2023: €292k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€245k-€393k▲ 60.4%€539k▲ 37.1%€585k▲ 8.6%€646k▲ 10.5%
Operating result€124k-€239k▲ 92.1%€287k▲ 20.1%€74k▼ 74.3%€62k▼ 15.2%
Net result€99k-€148k▲ 49.9%€146k▼ 1.6%€43k▼ 70.6%€72k▲ 67.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 15% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €863k
Fixed assets
€379k ▼ 8.1%
Current assets
€485k ▼ 20.3%
Equity and liabilities €863k
Equity
€646k ▲ 10.5%
Debt
€217k ▼ 50.1%
Debt's share of the balance-sheet total falls from 42.6% to 25.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€121k▼
2023 · €124k
Cash flow
€130k▲
2023 · €93k
Current ratio
3.04▲
2023 · 1.92
Debt to equity
0.34▼
2023 · 0.74
ROE
11.1%▲
2023 · 7.3%
ROA
8.3%▲
2023 · 4.2%
Interest coverage
42.60▲
2023 · 8.74
Debt ≤ 1 year
€160k▼
2023 · €316k
Income taxes
€4k▼
2023 · €21k
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 · 2024 against 2023 · 51 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.02M€863k▼
Fixed assets21/28€412k€379k▼
Intangible fixed assets21-€4k
Tangible fixed assets22/27€412k€374k▼
Land and buildings22€327k€302k▼
Plant, machinery and equipment23€1k€818▼
Furniture and vehicles24€83k€72k▼
Financial fixed assets28€189€189=
Current assets29/58€608k€485k▼
Amounts receivable within one year40/41€296k€323k▲
Trade receivables40€121k€143k▲
Other amounts receivable41€175k€180k▲
Current investments50/53€1k€1k=
Cash at bank and in hand54/58€272k€129k▼
Deferred charges and accrued income490/1€38k€32k▼
Equity and liabilities
Total equity and liabilities10/49€1.02M€863k▼
Equity10/15€585k€646k▲
Contributions10/11€12k€14k▲
Reserves13€342k€401k▲
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€340k€401k▲
Profit (loss) carried forward14€231k€231k=
Amounts payable17/49€435k€217k▼
Amounts payable after more than one year17€27k-
Financial debts170/4€27k-
Amounts payable within one year42/48€316k€160k▼
Current portion of amounts payable after more than one year42€35k€27k▼
Trade debts44€260k€101k▼
Suppliers440/4€260k€101k▼
Taxes, remuneration and social security45€4k€8k▲
Taxes450/3€4k€5k▲
Remuneration and social security454/9€144€3k▲
Other amounts payable47/48€17k€24k▲
Accrued charges and deferred income492/3€92k€57k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50k€59k▲
Other operating charges640/8€1k€753▼
Gross operating margin9900€125k€122k▼
Operating profit (loss)9901€74k€62k▼
Financial income75/76B€5k€16k▲
Recurring financial income75€5k€16k▲
Financial charges65/66B€14k€3k▼
Recurring financial charges65€14k€3k▼
Profit (loss) for the period before taxes9903€64k€75k▲
Income taxes67/77€21k€4k▼
Profit (loss) for the period9904€43k€72k▲
Profit (loss) for the period to be appropriated9905€43k€72k▲
Appropriation of the result
Profit (loss) to be appropriated9906€274k€302k▲
Profit (loss) brought forward from the previous period14P€231k€231k=
Transfer to equity691/2€43k€72k▲
To other reserves6921€43k€72k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 55 days late
2024
19-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 50 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Equity above €500kEq €539k ▲37.1%
4 profitable years in a row build equity to €539k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Highest result since 2018net €148k ▲49.9%
Net result €148k, the highest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Equity above €200kEq €245k ▲67.5%
2 profitable years in a row build equity to €245k.
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
31-12
Financial
Back to profitnet €71k
Net result €71k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 5.95
Current ratio from 1.96 to 5.95; short-term debt falls from €37k to €27k.
31-12
Financial
Equity above €100kEq €146k ▲95.3%
Equity rises from €75k to €146k.
Show earlier events
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
2016
19-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 19 days late
2009
09-03
State Gazette act
Director resignation · Director appointment
09-03
State Gazette act
Director resignation · Director appointment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Sint-Pieters-Leeuw · 2 establishment units since 2007
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.
Oudenakenstraat 191600 Sint-Pieters-LeeuwGround area
8,374 m²
Building footprint
1,870 m²
Volume, LiDAR
12,196 m³
2 parcels, Flanders · tallest building 32.1 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Oudenakenstraat 19, 1600 Sint-Pieters-Leeuw
since 20072.228.099.205
Flip Petillion
since 20112.256.857.527
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23035A0119/00L000 | Flanders | 8,203 m² | 1 · 1,699 m² | 32.0 m · 2 fl. |
| 23583I0701/00R000 | Flanders | 171 m² | 1 · 171 m² | 10.6 m · 2 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.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 345 EUR awarded · 345 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 345 EUR |
| 2023 | 1 | 345 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
699400KN6GLG37DP6538
Similar companies · same sector, comparable size
CHRISTOPHE DIELIS AVOCAT
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Advocaat Liesbeth Lafaut
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RESOLVED AVOCATS ADVOCATEN
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Cabinet d'Avocats LAUVAUX & LAUVAUX
BE 0820.375.520
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Of 22,058 companies in sector 69101 we hold annual accounts for 9,052. 5,331 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
Founded05-04-2007
Fiscal year end31-12
Abbreviation NL
FLIP PETILLION
Activities, NACEBEL 2025
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.