PI.CASA
ActivePI.CASA has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.13M and a net result of €-31k. Equity is shrinking by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 19344 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
70
/ 100
Healthy▼ -30 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-74
Solvency100=
Growth58=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 9.74 against 3.44 in 2023), and 4.9% 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 68
Relative position
BE, all sectors
reference
Sector 68
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
95.1%
Return on assets
-2.6%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-07-2025, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
9 d early
2023
1 d early
2022
13 d early
2021
4 d early
2020
88 d late
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€1.13M▼ 2.7%
2023 · €1.16M
2018: €1.33M
2019: €1.23M
2020: €1.12M
2021: €1.05M
2022: €986k
2023: €1.16M
2018 → 2024
Total assets
€1.19M▼ 4.4%
2023 · €1.24M
2018: €2.02M
2019: €1.89M
2020: €1.75M
2021: €1.62M
2022: €1.57M
2023: €1.24M
2018 → 2024
Net result
€-31k
2023 · €172k
2018: €-78k
2019: €-108k
2020: €-106k
2021: €-73k
2022: €-60k
2023: €172k
2018 → 2024
Working capital
€103k▲ 36.0%
2023 · €75k
2018: €-238k
2019: €-492k
2020: €-502k
2021: €-488k
2022: €-463k
2023: €75k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.12M-€1.05M▼ 6.5%€986k▼ 5.8%€1.16M▲ 17.5%€1.13M▼ 2.7%
Operating result€-100k-€-68k▲ 32.3%€-55k▲ 19.0%€172k€-31k
Net result€-106k-€-73k▲ 30.6%€-60k▲ 17.7%€172k€-31k
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 turns negative in 2024: a loss of €31k after €172k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.19M
Fixed assets
€1.07M▼ 5.5%
Current assets
€114k▲ 7.6%
Equity and liabilities €1.19M
Equity
€1.13M▼ 2.7%
Debt
€58k▼ 28.5%
The debt ratio falls from 6.6% to 4.9%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€32k▼
2023 · €238k
Cash flow
€31k▼
2023 · €238k
Solvency
95.1%▲
2023 · 93.4%
Current ratio
9.74▲
2023 · 3.44
Quick ratio
9.74▲
2023 · 3.44
Debt / equity
0.05▼
2023 · 0.07
ROE
-2.8%▼
2023 · 14.9%
ROA
-2.6%▼
2023 · 13.9%
Interest coverage
304.46▼
2023 · 3349.47
Debt
€58k▼
2023 · €82k
Debt ≤ 1 year
€12k▼
2023 · €31k
Debt > 1 year
€1k=
2023 · €1k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.24M€1.19M▼
Fixed assets21/28€1.13M€1.07M▼
Tangible fixed assets22/27€1.13M€1.07M▼
Land and buildings22€1.13M€1.07M▼
Plant, machinery and equipment23€6k€5k▼
Current assets29/58€106k€114k▲
Amounts receivable within one year40/41€28k€22k▼
Trade receivables40€16k€11k▼
Other amounts receivable41€13k€11k▼
Cash at bank and in hand54/58€77k€90k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€1.24M€1.19M▼
Equity10/15€1.16M€1.13M▼
Contributions10/11€1.22M€1.22M=
Reserves13€112k€112k=
Non-distributable reserves130/1€12k€12k=
Reserves not available under the articles1311€12k€12k=
Distributable reserves133€100k€100k=
Profit (loss) carried forward14€-173k€-205k▼
Amounts payable17/49€82k€58k▼
Amounts payable after more than one year17€1k€1k=
Other amounts payable178/9€1k€1k=
Amounts payable within one year42/48€31k€12k▼
Financial debts43€20k€0▼
Other loans439€20k€0▼
Trade debts44€5k€8k▲
Suppliers440/4€5k€8k▲
Taxes, remuneration and social security45€1k€0▼
Taxes450/3€1k€0▼
Other amounts payable47/48€5k€3k▼
Accrued charges and deferred income492/3€50k€45k▼
Income statement
Code20232024
Non-recurring operating income76A€219k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€65k€63k▼
Other operating charges640/8€12k€19k▲
Gross operating margin9900€249k€50k▼
Operating profit (loss)9901€172k€-31k▼
Financial income75/76B€43€47▲
Recurring financial income75€43€47▲
Financial charges65/66B€71€303▲
Recurring financial charges65€71€104▲
Non-recurring financial charges66B-€199
Profit (loss) for the period before taxes9903€172k€-31k▼
Profit (loss) for the period9904€172k€-31k▼
Profit (loss) for the period to be appropriated9905€172k€-31k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-173k€-205k▼
Profit (loss) brought forward from the previous period14P€-346k€-173k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 9.74
Current ratio from 3.44 to 9.74; short-term debt falls from €31k to €12k.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €172k
Net result €172k after 5 loss-making years.
31-12
Financial
Liquidity times 27current ratio 3.44
Current ratio from 0.13 to 3.44; short-term debt falls from €532k to €31k.
31-12
Financial
Equity above €1MEq €1.16M ▲17.5%
Equity rises from €986k to €1.16M.
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 88 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
31-12
Financial
Weakest financial yearnet €-108k
Net result drops to €-108k, the lowest in the series; recovery starts the following year.
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 23 days late
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
26-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Grimbergen · 1 establishment unit since 2003
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.
Prinsenstraat 421850 GrimbergenGround area
904 m²
Building footprint
102 m²
Volume, LiDAR
758 m³
Parcel 23402E0470/00Z000, Flanders · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Prinsenstraat 42, 1850 Grimbergen
since 20032.125.896.342
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23402E0470/00Z000 | Flanders | 904 m² | 1 · 102 m² | 9.9 m · 3 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 9,093 companies in sector 68201 we hold annual accounts for 6,724. 4,728 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded13-03-1998
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
70201
90393Specialised image, lighting and sound technical services
92313
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.