PICCAYA
ActivePICCAYA has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €58k and a net result of €-2k. Equity is growing by ~40.4% per year across the filed fiscal years. Its solvency ranks better than 92% of 6974 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability64▼-31
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 13.16 against 5.81 in 2024; short-term debt: 6.4% and cash: 76.1% of total assets), and 6.4% 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+raises risk○neutral
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
93.6%
Return on assets
-3.9%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
17 d early
2023
1 d early
2022
8 d late
2021
31 d early
2020
24 d late
2019
47 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close17-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Turnover
€10k▼ 50.4%
2022 · €21k
2019: €27k
2020: €25k
2021: €29k
2022: €21k
2019 → 2023
EBIT margin
145.3%▼ 21.5pp
2022 · 166.8%
2019: -28.3%
2020: 1.3%
2021: 45.4%
2022: 166.8%
2019 → 2023
Net result
€-2k
2024 · €15k
2019: €-9k
2020: €-315
2021: €13k
2022: €33k
2023: €10k
2024: €15k
2019 → 2025
Working capital
€48k▼ 7.2%
2024 · €52k
2019: €-32k
2020: €-22k
2021: €-9k
2022: €29k
2023: €38k
2024: €52k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€29k-€21k▼ 29.6%€10k▼ 50.4%
Equity€2k-€35k▲ 2,034%€45k▲ 30.0%€60k▲ 33.5%€58k▼ 4.0%
Operating result€13k-€34k▲ 159%€15k▼ 56.8%€21k▲ 40.6%€-2k
Net result€13k-€33k▲ 155%€10k▼ 68.5%€15k▲ 45.0%€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2k after €21k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €62k
Fixed assets
€10k▲ 14.8%
Current assets
€52k▼ 16.8%
Equity and liabilities €62k
Equity
€58k▼ 4.0%
Debt
€4k▼ 63.0%
The debt ratio falls from 15.2% to 6.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€2k▼
2024 · €25k
Cash flow
€2k▼
2024 · €19k
Solvency
93.6%▲
2024 · 84.8%
Current ratio
13.16▲
2024 · 5.81
Quick ratio
13.16▲
2024 · 5.81
Debt / equity
0.07▼
2024 · 0.18
ROE
-4.2%▼
2024 · 25.1%
ROA
-3.9%▼
2024 · 21.3%
Interest coverage
9.14▼
2024 · 121.08
Debt
€4k▼
2024 · €11k
Debt ≤ 1 year
€4k▼
2024 · €11k
Staff costs
€1k▼
2024 · €2k
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€71k€62k▼
Fixed assets21/28€9k€10k▲
Tangible fixed assets22/27€8k€9k▲
Land and buildings22€2k€2k▼
Plant, machinery and equipment23€266€2k▲
Furniture and vehicles24€5k€6k▲
Financial fixed assets28€446€446=
Current assets29/58€63k€52k▼
Amounts receivable within one year40/41€5k€5k▼
Trade receivables40€3k€2k▼
Other amounts receivable41€3k€3k▲
Cash at bank and in hand54/58€57k€47k▼
Equity and liabilities
Total equity and liabilities10/49€71k€62k▼
Equity10/15€60k€58k▼
Contributions10/11€19k€19k=
Reserves13€37k€37k=
Distributable reserves133€37k€37k=
Profit (loss) carried forward14€5k€2k▼
Amounts payable17/49€11k€4k▼
Amounts payable within one year42/48€11k€4k▼
Trade debts44€2k-
Suppliers440/4€2k-
Taxes, remuneration and social security45€5k€2k▼
Taxes450/3€3k€156▼
Remuneration and social security454/9€1k€1k▲
Other amounts payable47/48€5k€2k▼
Accrued charges and deferred income492/3€38€38=
Income statement
Code20242025
Remuneration, social security and pensions62€2k€1k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€30k€6k▼
Operating profit (loss)9901€21k€-2k▼
Financial income75/76B-€178
Recurring financial income75-€178
Financial charges65/66B€207€273▲
Recurring financial charges65€207€273▲
Profit (loss) for the period before taxes9903€21k€-2k▼
Income taxes67/77€6k-
Profit (loss) for the period9904€15k€-2k▼
Profit (loss) for the period to be appropriated9905€15k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€20k€2k▼
Profit (loss) brought forward from the previous period14P€5k€5k=
Transfer to equity691/2€15k-
To other reserves6921€15k-
The notes to these accounts (8 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
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Liquidity doublescurrent ratio 13.16
Current ratio from 5.81 to 13.16; short-term debt falls from €11k to €4k.
2024
14-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Liquidity doublescurrent ratio 5.07
Current ratio from 2.53 to 5.07; short-term debt falls from €19k to €9k.
2022
08-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 8 days late
31-03
Financial
Highest result since 2019net €33k ▲155%
Operating result €34k, net result €33k, both a record.
31-03
Financial
Liquidity quadruplescurrent ratio 2.53
Current ratio from 0.71 to 2.53; short-term debt falls from €30k to €19k.
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Back to profitnet €13k
Net result €13k after 2 loss-making years.
2020
24-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2019
17-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 47 days late
2018
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
07-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 37 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Elsene · 1 establishment unit since 1997
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.
Brouwerijstraat 1221050 ElseneGround area
107 m²
Building footprint
107 m²
Volume, LiDAR
1,537 m³
Parcel 21443C0044/00B002, Brussels · tallest building 18.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Brouwerijstraat 122, 1050 Elsene
since 19972.083.994.520
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21443C0044/00B002 | Brussels | 107 m² | 1 · 107 m² | 18.4 m · 5 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
D.M.Z. Trading
BE 0864.465.186
Antwerpen · Eq €58k
DARTE
BE 0468.257.897
Chaudfontaine · Eq €58k
Banananas
BE 0845.499.015
Temse · Eq €58k
MAKE
BE 0897.523.083
Antwerpen · Eq €58k
Hireth
BE 1008.038.351
Willebroek · Eq €58k
Of 9,857 companies in sector 73110 we hold annual accounts for 3,754. 3,023 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-10-1997
Fiscal year end31-03
Activities, NACEBEL
73110Advertising agencies
74401
82990Other business support services
90201Performing arts by independent artists
90021Arts creation and performing arts activities
90393Specialised image, lighting and sound technical services
90391Promotion and organisation of arts and performing arts events
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.