Equity
€2,000 from €161,834 in 2024
Equity fell by 99% in 1 year.
Pi Delta
Lifetime
4 annual accounts with figures on one time axispeak €133,169 (2025)
€133,169▲ 18.9%
peak €101,047 (2025)
€101,047▲ 17.0%
peak €161,834 (2024)
€2,000▼ 98.8%
€116,015▲ 268%
Board1 name since 2022
1 directorDEPYPERE Peter
Documentsfilings and deeds
23-12-202539 days before the deadline
2025micro format
Gross margin from €112,020 to €133,169Registered office moved within Ghent 10-03Dividend €260,881Equity from €161,834 to €2,000Debts from €31,543 to €116,015Investments €7,184
Key points
from the 2025 annual accountsTurnover
≈ €200,000 estimated
The micro format states no turnover.
Debts
€116,015 98% of the balance sheet
Suppliers 1%Taxes and wages 10%Other 89%
Investments
€7,184 5.9 × depreciation
Green is investment, beige is depreciation. Machinery stands 62.2% higher than in 2024.
Liquidity
0.95 was 6.07 in 2024
Short-term debts rose from €31,543 to €116,015.
Position in the sector
€2,000
Less equity than 90% of companies in computer programming and consultancy. Sector median €69,062 · 21,212 companies.
Checked score
87
Excellent
Financially stronger than 31% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025lowest value
03-2025: < 0.1%● unchanged vs 02-2025lowest value
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
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: 0.2%▲ +0.2 percentage points vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.1%▼ -0.1 percentage points vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.2%▲ +0.1 percentage points vs 09-2026highest value
11-2026: 0.2%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
1 change of registered office in 24 months
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Liquidity: current ratio 0.95, cash €85,782, halved
Size: total assets €118,015
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 10% of them on solvency, 27% on liquidity, 82% on profitability and 4% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 2,157 companies had the same profile as Pi Delta has now. Each dot stands for 6 companies, two years later.
94.1%
were still trading
2.8%
stopped another way
3.0%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Pi Delta itself is lower: 0.2% within 12 months. It rests on far more data about Pi Delta than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,157 companies, not a prediction for Pi Delta. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 21206 sector peers (2025).
NBB · sector comparisonPosition among 21206 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-12-2025, 39 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
39 days early
2024
134 days early
2023
43 days early
2022
50 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 67 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 financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 16 December (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end09-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0785997334
Registered office moved within Ghent
New registered office: Hekers 50, 9052 Gent (Zwijnaarde) · Previous registered office: Franklin Rooseveltlaan 482, 9000 Gent · Gazette deed
Incorporation
Founding capital of €2,000, 100 shares · Founder: DEPYPERE Peter · Appointment: DEPYPERE Peter (director) · published on 17-05-2022 · Gazette deed
First establishment
Hekers 50, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Pi Delta Ghent | €118,015 | €133,169 | 1.7% | - |
| KOBECO Merelbeke-Melle | €120,619 | €118,436 | 11.6% | - |
| Apple Daisy Watermael-Boitsfort | €102,097 | €124,516 | 65.3% | - |
| XELMES Wemmel | €154,608 | €115,396 | 38.3% | - |
| ITSIDE Braine-le-Château | €121,758 | €182,844 | 23.3% | - |
| VALEM STUDIO Chaudfontaine | €147,365 | €148,484 | 62.4% | - |
| NEO-PLANNER Rochefort | €113,320 | €94,972 | 48.6% | - |
These companies have the same main activity as Pi Delta: other information technology and computer services (NACE 62900). They are comparable in size and age: total assets between €102,000 and €155,000, founded between 2021 and 2023.
Official details
Source: KBO- Status
- Active since 13-05-2022Normal situation
- Activity
- Other information technology and computer servicesNACE 62900
- Establishment unit
- 2.331.408.2629052 Ghent, since 13-05-2022
- Financial year end
- 30 June
- Peppol
- Reachable since 19-06-2025
Annual accounts to 30-06-2025
- €118,015▼ 39.0%
- Filing
- Filed on 23-12-2025, 39 days before the end of the filing period
Insights on Pi Delta
Pi Delta files the micro format. That format states no turnover. The gross margin rose from €3,767 in 2022 to €133,169 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Pi Delta
- What is the company number of Pi Delta?
- The company number of Pi Delta is 0785.997.334. The VAT number is the same number with BE in front: BE 0785.997.334.
- Where is Pi Delta based?
- The registered office is at Hekers 50, 9052 Ghent.Company details
- What does Pi Delta do?
- According to the KBO register, the main activity is other information technology and computer services (NACE 62900).
- What is the legal form of Pi Delta?
- Pi Delta is a private limited company (BV).
- When was Pi Delta founded?
- Pi Delta was founded on 13-05-2022.
- Is Pi Delta still active?
- Yes, Pi Delta is an active enterprise in the KBO register.
- What is the turnover of Pi Delta?
- The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €133,169 and 77 comparable companies (NACE 62). It probably lies between €180,000 and €260,000.Financials
- Is Pi Delta profitable?
- In financial year 2025, Pi Delta made a profit of €101,047.
- Where can I find the annual accounts of Pi Delta?
- Pi Delta filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Pi Delta due?
- Pi Delta must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.