PiBa Commerce
ActivePiBa Commerce has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18k and a net result of €7k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 31% of 13071 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
76
/ 100
Excellent▲ +59 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency17▲+2
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.04 against 1.12 in 2024), and 92.9% 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
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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
7.1%
Return on assets
2.6%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
28 d early
2024
27 d late
2023
49 d early
2022
5 d early
2021
26 d late
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€18k▲ 57.5%
2024 · €11k
2018: €21k
2019: €32k
2020: €33k
2021: €86k
2022: €120k
2023: €96k
2024: €11k
2018 → 2025
Total assets
€254k▼ 62.1%
2024 · €669k
2018: €95k
2019: €89k
2020: €107k
2021: €541k
2022: €1.01M
2023: €671k
2024: €669k
2018 → 2025
Net result
€7k
2024 · €-85k
2018: €2k
2019: €12k
2020: €578
2021: €65k
2022: €34k
2023: €-23k
2024: €-85k
2018 → 2025
Working capital
€7k▼ 89.4%
2024 · €66k
2018: €-8k
2019: €6k
2020: €31k
2021: €62k
2022: €140k
2023: €112k
2024: €66k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€86k-€120k▲ 39.6%€96k▼ 19.5%€11k▼ 88.1%€18k▲ 57.5%
Operating result€83k-€62k▼ 25.2%€-8k€-66k▼ 767%€16k
Net result€65k-€34k▼ 47.9%€-23k€-85k▼ 263%€7k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €16k after a loss of €66k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €254k
Fixed assets
€59k▲ 28.3%
Current assets
€195k▼ 68.8%
Equity and liabilities €254k
Equity
€18k▲ 57.5%
Debt
€235k▼ 64.2%
The debt ratio falls from 98.3% to 92.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€36k▲
2024 · €-54k
Cash flow
€27k▲
2024 · €-73k
Solvency
7.1%▲
2024 · 1.7%
Current ratio
1.04▼
2024 · 1.12
Quick ratio
1.04▲
2024 · 0.17
Debt / equity
13.04▼
2024 · 57.31
ROE
36.5%▲
2024 · -740.5%
ROA
2.6%▲
2024 · -12.7%
Interest coverage
4.96▲
2024 · -6.20
Debt
€235k▼
2024 · €657k
Debt ≤ 1 year
€187k▼
2024 · €556k
Debt > 1 year
€5k▼
2024 · €100k
Income taxes
€5k▼
2024 · €10k
Staff costs
€2k▼
2024 · €18k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€669k€254k▼
Fixed assets21/28€46k€59k▲
Tangible fixed assets22/27€46k€59k▲
Plant, machinery and equipment23€34k€28k▼
Furniture and vehicles24€12k€31k▲
Current assets29/58€623k€195k▼
Stocks and contracts in progress3€531k€0▼
Stocks30/36€531k€0▼
Amounts receivable within one year40/41€56k€195k▲
Trade receivables40€37k€178k▲
Other amounts receivable41€19k€17k▼
Cash at bank and in hand54/58€36k€23▼
Equity and liabilities
Total equity and liabilities10/49€669k€254k▼
Equity10/15€11k€18k▲
Contributions10/11€6k€6k=
Reserves13€114k€114k=
Non-distributable reserves130/1€104€104=
Reserves not available under the articles1311€104€104=
Distributable reserves133€113k€113k=
Profit (loss) carried forward14€-108k€-102k▲
Amounts payable17/49€657k€235k▼
Amounts payable after more than one year17€100k€5k▼
Financial debts170/4€100k€5k▼
Amounts payable within one year42/48€556k€187k▼
Current portion of amounts payable after more than one year42€2k€0▼
Financial debts43€191k€155▼
Credit institutions430/8€191k€155▼
Trade debts44-€27k
Suppliers440/4-€27k
Taxes, remuneration and social security45€28k€20k▼
Taxes450/3€20k€20k▼
Remuneration and social security454/9€8k€0▼
Other amounts payable47/48€336k€141k▼
Accrued charges and deferred income492/3€715€43k▲
Income statement
Code20242025
Remuneration, social security and pensions62€18k€2k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€20k▲
Other operating charges640/8€10k€12k▲
Non-recurring operating charges66A€65k€0▼
Gross operating margin9900€38k€50k▲
Operating profit (loss)9901€-66k€16k▲
Financial income75/76B€18€3k▲
Recurring financial income75€18€3k▲
Financial charges65/66B€9k€7k▼
Recurring financial charges65€9k€7k▼
Profit (loss) for the period before taxes9903€-75k€12k▲
Income taxes67/77€10k€5k▼
Profit (loss) for the period9904€-85k€7k▲
Profit (loss) for the period to be appropriated9905€-85k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-108k€-102k▲
Profit (loss) brought forward from the previous period14P€-23k€-108k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Weakest financial yearnet €-85k
Net result drops to €-85k, the lowest in the series; recovery starts the following year.
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €120k ▲39.6%
5 profitable years in a row build equity to €120k.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Highest result since 2018net €65k ▲11194%
Operating result €83k, net result €65k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Lanaken · 1 establishment unit since 2017
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.
Patersstraat 283621 LanakenGround area
1,112 m²
Building footprint
494 m²
Volume, LiDAR
2,606 m³
2 parcels, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
K
since 20172.267.960.067
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73035A0326/00G006 | Flanders | 786 m² | 1 · 180 m² | 6.7 m · 2 fl. |
| 73064B0638/00_000 | Flanders | 326 m² | 1 · 314 m² | 11.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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).
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 294 EUR awarded · 187 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 294 EUR | 187 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 7,817 companies in sector 43341 we hold annual accounts for 2,639. 1,980 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded18-08-2017
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
56101Full-service restaurants
56111Full-service restaurants
46836Wholesale trade
47527Retail trade
55204Guest rooms (bed and breakfast)
96040Personal service activities
96230Day spas, saunas and steam baths
Sources
Crossroads Bank for EnterprisesNational Bank · 8 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.