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PI - MA

Active
Private limited company (pre-2019)founded 199827 yrs activeMeetjeslandstraat 10, 2660 Antwerpen, BelgiumKBO/BCE: BE 0465.135.190
Summary

PI - MA has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €135,325 and a net result of €77,326. Equity is growing by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 45% of 30651 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

What they do
Other building finishing work
NACE 43350Joinery installation NACE 43320NACE 43390
1 site
How big
€314,054total assets 2025
Equity
€135,325
Profit
€77,326
Turnover not published (abridged schema)
Financially healthy?
77 Excellent Checked score 2025
Bankruptcy chance 12 m
0.6%
Who decides
Accounts filed 31 d late0 of 5 deeds read
Why 77- Higher-failure-rate sector+ Long track record+ Annual accounts: healthy financial profileFiled after the deadlineShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+57
Solvency68▲+19
Growth85=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 3.99 against 3.4 in 2024; short-term debt: 23% and cash: 4.8% of total assets), but 56.9% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 27 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
43.1%
Return on assets
24.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filings
Deviation from the deadline
2025
31 d late
2024
11 d late
2023
58 d late
2022
23 d early
2021
39 d early
2020
45 d early
2019
17 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 3 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 11 August (4 of the last 5 filed years within 48 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Highest result since 2018net €77,326 ▲1,524%
  3. Equity above €100,000Eq €135,325 ▲133%

Key points

  • Positive: Result rose in 2025from €4,760 to €77,326 ▲ 1,524% View
  • Positive: Among the best 8% on net resultsector median €10,005 · 30,640 companies €77,326 View
  • Positive: 8 profitable years in a rowprofit 2025: €77,326 8 years View

By topic

Financials

Fiscal year
2025
Total assets
€314,054
Profit
€77,326
Solvency
43.1%
Turnover▲ 35.1%
Net result
20182022
Go to Financials

Timeline

Events
12
Since
2017
Next accounts
by 31-07-2027
  1. 31-08-2026Annual accounts filed
  2. 31-12-2025Highest result since 2018
  3. 31-12-2025Equity above €100,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Other building finishing workNACE 43350
Founded
31-12-1998
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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