PI-PRO VASTGOED
The computed 12-month bankruptcy probability of PI-PRO VASTGOED is 0.5% (low). The 2024 annual accounts show equity of €424k and a net result of €72k. Equity is shrinking by ~7.9% per year across the filed fiscal years. Its solvency ranks better than 88% of 692 sector peers (fiscal year 2024). The company has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €424k |
| Net result | €72k |
| Better than sector | 88% |
| Active | 29 yrs |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 75.1% | 39.3% | |
| Net result | €72k | €13k | |
| Equity | €424k | €37k | |
| Gross operating margin | €114k | €39k | |
| Total assets | €565k | €111k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €110k |
| Net profit | €72k |
| Cash flow | €100k |
| Staff costs | - |
| Income taxes | €10k |
| Dividends | €29k |
| Total assets | €565k |
| Equity | €424k |
| Debt | €141k |
| of which ≤ 1y | €139k |
| of which > 1y | - |
| Working capital | €275k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 2.98 |
| Quick ratio | 2.98 |
| Working capital ratio | 48.6% |
| Solvency | 75.1% |
| Debt / equity | 0.33 |
| Long-term debt ratio | - |
| Interest coverage | 40.78 |
| Gross margin | - |
| Net margin | - |
| ROA | 12.8% |
| ROE | 17.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €565k |
| Fixed assets | 21/28 | €152k |
| Tangible fixed assets | 22/27 | €152k |
| Current assets | 29/58 | €413k |
| Amounts receivable within one year | 40/41 | €188k |
| Cash & bank | 54/58 | €225k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €565k |
| Equity | 10/15 | €424k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €388k |
| Accumulated profits (losses) | 14 | €17k |
| Amounts payable | 17/49 | €141k |
| Amounts payable within one year | 42/48 | €139k |
| Trade debts payable within one year | 44 | €6k |
| Income statement | ||
| Gross operating margin | 9900 | €114k |
| Operating result | 9901 | €82k |
| Financial income | 75 | €3k |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €83k |
| Income taxes | 67/77 | €10k |
| Net result for the period | 9904 | €72k |
| Result to be appropriated | 9905 | €72k |
| NACE primary | 25530 |
| Legal form | Private limited company(610) |
| Incorporation | 15-01-1997 |
| Status | Active |
| Postal code | 8830 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36504D0235/00T000 | Flanders | 912 m² | 1 · 169 m² | 8.5 m · 2 fl. |
| 36006D0250/00B002 | Flanders | 901 m² | 1 · 141 m² | 6.8 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
14-04-2025 3 directors appointed, 1 resigning
- GALLE Kevin Tom, Bestuurder
- DESAEGHER Annelies, Bestuurder
- VANNIEUWENHUYSE Jelle Herman, Bestuurder
- VANNESTE Kurt, Bestuurder
Technical details
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"evidence_quote": "Ondergetekende notaris heeft op 2 april 2025 het Centraal Register van bestuursverboden nagezien. Uit deze opzoeking blijkt dat de personen niet opgenomen zijn in het Centraal Register.",
"decharge_status": null,
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}
],
"notary": {
"name": "Ides Viaene",
"firm_city": null,
"firm_name": null,
"office_city": "Roeselare",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-04-14",
"filing_date": "2025-04-10",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2025-04-07",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0459.603.321",
"name_full": "K Works",
"legal_form": "BV"
},
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"person_role_at_subject": null
},
"co_filed_documents": [
"Afschrift van het procesverbaal van 7 april 2025",
"Geco\u00F6rdineerde statuten"
],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | PI-PRO VASTGOED |