Piccard
ActivePiccard has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €224k and a net result of €26k. Equity is growing by ~33.5% per year across the filed fiscal years. Its solvency ranks better than 91% of 37959 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
93
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability82▼-16
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 11.84 against 10.93 in 2023; short-term debt: 6.9% and cash: 36.6% of total assets), and 7.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three 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 →
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 01-07-2025, 30 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
48 d early
2022
61 d early
2021
31 d early
2020
57 d early
2019
28 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€224k▲ 12.5%
2023 · €199k
2018: €27k
2019: €56k
2020: €141k
2021: €115k
2022: €149k
2023: €199k
2018 → 2024
Total assets
€241k▲ 11.7%
2023 · €216k
2018: €54k
2019: €85k
2020: €193k
2021: €223k
2022: €162k
2023: €216k
2018 → 2024
Net result
€26k▼ 49.3%
2023 · €51k
2018: €13k
2019: €30k
2020: €84k
2021: €52k
2022: €34k
2023: €51k
2018 → 2024
Working capital
€182k▲ 26.8%
2023 · €143k
2018: €14k
2019: €45k
2020: €134k
2021: €78k
2022: €121k
2023: €143k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€141k-€115k▼ 18.1%€149k▲ 29.0%€199k▲ 33.5%€224k▲ 12.5%
Operating result€110k-€67k▼ 39.5%€49k▼ 27.0%€70k▲ 44.0%€37k▼ 47.7%
Net result€84k-€52k▼ 38.2%€34k▼ 34.3%€51k▲ 47.6%€26k▼ 49.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 48% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €241k
Fixed assets
€43k▼ 26.6%
Current assets
€198k▲ 25.8%
Equity and liabilities €241k
Equity
€224k▲ 12.5%
Debt
€17k▲ 2.0%
The debt ratio falls from 7.9% to 7.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€54k▼
2023 · €80k
Cash flow
€43k▼
2023 · €61k
Solvency
92.8%▲
2023 · 92.1%
Current ratio
11.84▲
2023 · 10.93
Quick ratio
11.84▲
2023 · 10.93
Debt / equity
0.08▼
2023 · 0.09
ROE
11.5%▼
2023 · 25.5%
ROA
10.7%▼
2023 · 23.5%
Interest coverage
246.75▼
2023 · 462.29
Debt
€17k▲
2023 · €17k
Debt ≤ 1 year
€17k▲
2023 · €14k
Income taxes
€11k▼
2023 · €19k
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€216k€241k▲
Fixed assets21/28€58k€43k▼
Tangible fixed assets22/27€58k€43k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€56k€42k▼
Current assets29/58€158k€198k▲
Amounts receivable within one year40/41€61k€108k▲
Trade receivables40€60k€99k▲
Other amounts receivable41€2k€9k▲
Cash at bank and in hand54/58€95k€88k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€216k€241k▲
Equity10/15€199k€224k▲
Contributions10/11€19k€19k=
Reserves13€180k€205k▲
Distributable reserves133€180k€205k▲
Amounts payable17/49€17k€17k▲
Amounts payable within one year42/48€14k€17k▲
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Taxes, remuneration and social security45€9k€10k▲
Taxes450/3€9k€8k▼
Remuneration and social security454/9-€2k
Other amounts payable47/48€4k€4k▼
Accrued charges and deferred income492/3€3k€679▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€17k▲
Other operating charges640/8€2k€666▼
Gross operating margin9900€82k€54k▼
Operating profit (loss)9901€70k€37k▼
Financial charges65/66B€173€217▲
Recurring financial charges65€173€217▲
Profit (loss) for the period before taxes9903€70k€36k▼
Income taxes67/77€19k€11k▼
Profit (loss) for the period9904€51k€26k▼
Profit (loss) for the period to be appropriated9905€51k€26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€51k€26k▼
Transfer from equity791/2€800€833▲
Transfer to equity691/2€51k€26k▼
To other reserves6921€51k€26k▼
Profit to be distributed694/7€800€833▲
Return on contributions (dividend)694€800€833▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €224k ▲12.5%
7 profitable years in a row build equity to €224k.
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150kEq €199k ▲33.5%
6 profitable years in a row build equity to €199k.
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 6current ratio 10.61
Current ratio from 1.73 to 10.61; short-term debt falls from €107k to €13k.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €84k ▲182%
Operating result €110k, net result €84k, both a record.
31-12
Financial
Equity above €100kEq €141k ▲150%
3 profitable years in a row build equity to €141k.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
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, Hechtel-Eksel · 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.
Dorpsstraat 903940 Hechtel-EkselGround area
502 m²
Building footprint
179 m²
Parcel 72013C0224/00C000, Flanders. Linked by address, not a title deed.
1 establishment unit
Piccard
since 20172.268.633.030
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72013C0224/00C000 | Flanders | 502 m² | 1 · 179 m² | - |
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.
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 39,376 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-10-2017
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.