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PI2 PROJECT CONSULT

Active
Private limited companyfounded 20224 yrs activeHumbeekstraat 29B, 1860 Meise, BelgiumKBO/BCE: BE 0781.307.581

PI2 PROJECT CONSULT has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €106k and a net result of €36k. Equity is growing by ~50.7% per year across the filed fiscal years. Its solvency ranks better than 61% of 11613 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
88 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability97▼-3
Solvency91▲+12
Growth78=
Track record94
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 2.16 against 1.68 in 2023; short-term debt: 32.9% and cash: 60.7% of total assets), and 34% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 4 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies more bankruptcies →
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 02-07-2025, 29 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
29 d early
2023
34 d early
2022
11 d early
← before the deadline after the 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

Financials · fiscal year 2024, micro schema

Equity
€106k▲ 51.3%
2023 · €70k
2022: €35k 2023: €70k
2022 → 2024
Total assets
€160k▲ 23.7%
2023 · €129k
2022: €77k 2023: €129k
2022 → 2024
Net result
€36k▼ 1.3%
2023 · €36k
2022: €34k 2023: €36k
2022 → 2024
Working capital
€61k▲ 52.9%
2023 · €40k
2022: €19k 2023: €40k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202220232024Trend
Equity€35k-€70k▲ 101%€106k▲ 51.3%
Operating result€42k-€47k▲ 11.4%€48k▲ 2.0%
Net result€34k-€36k▲ 6.5%€36k▼ 1.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40kOperating result 2022: €42k€42kNet result 2022: €34k€34kOperating result 2023: €47k€47kNet result 2023: €36k€36kOperating result 2024: €48k€48kNet result 2024: €36k€36k202220232024
The operating result has risen two years in a row; 2024 is 2% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €160k
Fixed assets €46k▲ 50.4%
Current assets €114k▲ 15.4%
Equity and liabilities €160k
Equity €106k▲ 51.3%
Debt €54k▼ 8.7%
The debt ratio falls from 46.0% to 34.0%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€56k
2023 · €51k
Cash flow
€44k
2023 · €41k
Solvency
66.0%
2023 · 54.0%
Current ratio
2.16
2023 · 1.68
Quick ratio
2.16
2023 · 1.68
Debt / equity
0.51
2023 · 0.85
ROE
33.9%
2023 · 52.0%
ROA
22.4%
2023 · 28.1%
Interest coverage
23.01
2023 · 37.93
Debt
€54k
2023 · €59k
Debt ≤ 1 year
€53k
2023 · €59k
Income taxes
€9k
2023 · €9k
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€129k€160k
Fixed assets21/28€31k€46k
Tangible fixed assets22/27€31k€46k
Furniture and vehicles24€22k€19k
Other tangible fixed assets26€8k€27k
Current assets29/58€98k€114k
Amounts receivable within one year40/41€13k€14k
Trade receivables40€13k€14k
Current investments50/53-€2k
Cash at bank and in hand54/58€84k€97k
Deferred charges and accrued income490/1€1k€1k
Equity and liabilities
Total equity and liabilities10/49€129k€160k
Equity10/15€70k€106k
Contributions10/11€2k€2k=
Reserves13€68k€104k
Distributable reserves133€68k€104k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€59k€54k
Amounts payable within one year42/48€59k€53k
Trade debts44€2k€936
Suppliers440/4€2k€936
Taxes, remuneration and social security45€26k€28k
Taxes450/3€26k€28k
Other amounts payable47/48€31k€24k
Accrued charges and deferred income492/3€876€2k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€9k
Other operating charges640/8€64€64
Gross operating margin9900€51k€56k
Operating profit (loss)9901€47k€48k
Financial income75/76B€10€7
Recurring financial income75€10€7
Financial charges65/66B€1k€2k
Recurring financial charges65€1k€2k
Profit (loss) for the period before taxes9903€45k€45k
Income taxes67/77€9k€9k
Profit (loss) for the period9904€36k€36k
Profit (loss) for the period to be appropriated9905€36k€36k
Appropriation of the result
Profit (loss) to be appropriated9906€36k€36k
Transfer to equity691/2€35k€36k
To other reserves6921€35k€36k
Profit to be distributed694/7€1k€0
Return on contributions (dividend)694€1k€0

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
02-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Equity above €100kEq €106k ▲51.3%
3 profitable years in a row build equity to €106k.
27-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2022net €36k ▲6.5%
Net result €36k, the highest in the series.
20-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Meise · 1 establishment unit since 2022
establishment The establishment unit on the map
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.

Humbeekstraat 29B1860 Meise
Ground area
1,086 m²
Building footprint
111 m²
Parcel 23050E0268/00W000, Flanders. Linked by address, not a title deed.
1 establishment unit
PI2 PROJECT CONSULT
Humbeekstraat 29B, 1860 MeiseIT consultancy
since 20222.327.269.134
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23050E0268/00W000 Flanders 1,086 m² 1 · 111 m² 0.0 m
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.

Similar companies · same sector, comparable size

Of 11,553 companies in sector 71121 we hold annual accounts for 6,555. 5,226 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded28-01-2022
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.