PICALI
ActivePICALI has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €241k and a net result of €48k. Equity is growing by ~45.1% per year across the filed fiscal years. Its solvency ranks better than 84% of 31510 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
93
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 7.38 against 8.17 in 2024), and 13.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 dateAge against the risk zone
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
86.5%
Return on assets
17.3%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 09-03-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
26 d early
2023
78 d early
2022
65 d early
2021
37 d early
2020
67 d early
2019
66 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€241k▲ 25.0%
2024 · €193k
2018: €-21k
2019: €15k
2020: €27k
2021: €66k
2022: €94k
2023: €137k
2024: €193k
2018 → 2025
Total assets
€279k▲ 18.7%
2024 · €235k
2018: €299k
2019: €59k
2020: €62k
2021: €107k
2022: €112k
2023: €197k
2024: €235k
2018 → 2025
Net result
€48k▼ 14.4%
2024 · €56k
2018: €10k
2019: €35k
2020: €12k
2021: €39k
2022: €29k
2023: €42k
2024: €56k
2018 → 2025
Working capital
€173k▲ 2.2%
2024 · €169k
2018: €-143k
2019: €9k
2020: €6k
2021: €48k
2022: €77k
2023: €104k
2024: €169k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€66k-€94k▲ 43.4%€137k▲ 44.8%€193k▲ 41.2%€241k▲ 25.0%
Operating result€59k-€44k▼ 26.3%€68k▲ 54.5%€84k▲ 24.0%€70k▼ 15.9%
Net result€39k-€29k▼ 26.5%€42k▲ 48.1%€56k▲ 33.1%€48k▼ 14.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 16% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €279k
Fixed assets
€79k▲ 86.3%
Current assets
€200k▲ 3.8%
Equity and liabilities €279k
Equity
€241k▲ 25.0%
Debt
€38k▼ 10.1%
The debt ratio falls from 17.9% to 13.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€90k▼
2024 · €105k
Cash flow
€68k▼
2024 · €78k
Solvency
86.5%▲
2024 · 82.1%
Current ratio
7.38▼
2024 · 8.17
Quick ratio
7.38▼
2024 · 8.17
Debt / equity
0.16▼
2024 · 0.22
ROE
20.0%▼
2024 · 29.2%
ROA
17.3%▼
2024 · 24.0%
Interest coverage
689.67▲
2024 · 227.17
Debt
€38k▼
2024 · €42k
Debt ≤ 1 year
€27k▲
2024 · €24k
Debt > 1 year
€10k▼
2024 · €18k
Income taxes
€26k▼
2024 · €30k
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€235k€279k▲
Fixed assets21/28€43k€79k▲
Tangible fixed assets22/27€43k€79k▲
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€38k€76k▲
Current assets29/58€193k€200k▲
Amounts receivable after more than one year29€0€15k▲
Other amounts receivable291€0€15k▲
Amounts receivable within one year40/41€49k€35k▼
Trade receivables40€25k€20k▼
Other amounts receivable41€24k€15k▼
Current investments50/53€120k€120k=
Cash at bank and in hand54/58€23k€30k▲
Deferred charges and accrued income490/1€412€412=
Equity and liabilities
Total equity and liabilities10/49€235k€279k▲
Equity10/15€193k€241k▲
Contributions10/11€6k€6k=
Reserves13€178k€227k▲
Tax-exempt reserves132€324€324=
Distributable reserves133€178k€226k▲
Profit (loss) carried forward14€9k€9k=
Amounts payable17/49€42k€38k▼
Amounts payable after more than one year17€18k€10k▼
Financial debts170/4€18k€10k▼
Amounts payable within one year42/48€24k€27k▲
Current portion of amounts payable after more than one year42€11k€8k▼
Trade debts44€5k€2k▼
Suppliers440/4€5k€2k▼
Taxes, remuneration and social security45€8k€17k▲
Taxes450/3€8k€17k▲
Accrued charges and deferred income492/3€165€480▲
Income statement
Code20242025
Non-recurring operating income76A-€7k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€19k▼
Other operating charges640/8€1k€2k▲
Non-recurring operating charges66A-€3k
Gross operating margin9900€106k€94k▼
Operating profit (loss)9901€84k€70k▼
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€462€130▼
Recurring financial charges65€462€130▼
Profit (loss) for the period before taxes9903€87k€74k▼
Income taxes67/77€30k€26k▼
Profit (loss) for the period9904€56k€48k▼
Profit (loss) for the period to be appropriated9905€56k€48k▼
Appropriation of the result
Profit (loss) to be appropriated9906€65k€57k▼
Profit (loss) brought forward from the previous period14P€9k€9k=
Transfer to equity691/2€56k€48k▼
To other reserves6921€56k€48k▼
The notes to these accounts (10 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
09-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Equity above €200kEq €241k ▲25%
8 profitable years in a row build equity to €241k.
04-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2018net €56k ▲33.1%
Operating result €84k, net result €56k, both a record.
30-09
Financial
Equity above €150kEq €193k ▲41.2%
7 profitable years in a row build equity to €193k.
12-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Equity above €100kEq €137k ▲44.8%
6 profitable years in a row build equity to €137k.
24-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Liquidity triplescurrent ratio 9.60
Current ratio from 2.77 to 9.60; short-term debt falls from €27k to €9k.
24-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Liquidity doublescurrent ratio 2.77
Current ratio from 1.39 to 2.77.
22-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Liquidity times 7current ratio 1.20
Current ratio from 0.16 to 1.20; short-term debt falls from €171k to €44k.
05-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-01-2023
Resigned as Director
Location & real-estate footprint
Registered office, Aartselaar · 1 establishment unit since 2006
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.
Kleine Grippe 412630 AartselaarGround area
963 m²
Building footprint
121 m²
Volume, LiDAR
711 m³
Parcel 11001B0096/00P000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kleine Grippe 41, 2630 Aartselaar
since 20062.158.342.842
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11001B0096/00P000 | Flanders | 963 m² | 1 · 121 m² | 8.8 m · 2 fl. |
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
ARIMA
BE 0739.973.804
Sprimont · Eq €241k
R.D.C. CONSULT
BE 0459.786.136
Schaarbeek · Eq €241k
GROUP VDS
BE 0806.368.621
Linter · Eq €241k
LAMBERT S&O IMMO
BE 0554.869.494
Hamois · Eq €241k
Insights in Motion
BE 0633.821.655
Hemiksem · Eq €241k
Of 82,218 companies in sector 70200 we hold annual accounts for 52,395. 38,926 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-11-2006
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
55203Holiday cottages, homes and apartments
55232
90393Specialised image, lighting and sound technical services
92313
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.