PICENO
ActiveThe computed 12-month bankruptcy probability of PICENO is 4.9% (elevated). The 2025 annual accounts show equity of €32k and a net result of €-1k. Equity is growing by ~28.3% per year across the filed fiscal years. Its solvency ranks better than 62% of 13270 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▼-33
Solvency70▼-4
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
4.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Liquidity short (current ratio 0.94 against 0.83 in 2024; short-term debt: 55.5% and cash: 11.4% of total assets), and 55.5% 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.
+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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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 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
44.5%
Return on assets
-1.5%
Age of the figures
9 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 07-07-2026, 24 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
24 d early
2024
61 d late
2023
21 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€32k▼ 3.2%
2024 · €33k
2023: €14k
2024: €33k
2023 → 2025
Total assets
€72k▲ 6.0%
2024 · €68k
2023: €58k
2024: €68k
2023 → 2025
Net result
€-1k
2024 · €19k
2023: €9k
2024: €19k
2023 → 2025
Working capital
€-2k▲ 61.4%
2024 · €-6k
2023: €-34k
2024: €-6k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€14k-€33k▲ 138%€32k▼ 3.2%
Operating result€12k-€27k▲ 137%€26k▼ 6.3%
Net result€9k-€19k▲ 115%€-1k
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 6% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €72k
Fixed assets
€34k▼ 12.0%
Current assets
€38k▲ 30.3%
Equity and liabilities €72k
Equity
€32k▼ 3.2%
Debt
€40k▲ 14.7%
The debt ratio rises from 51.2% to 55.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€36k▼
2024 · €37k
Cash flow
€9k▼
2024 · €29k
Solvency
44.5%▼
2024 · 48.8%
Current ratio
0.94▲
2024 · 0.83
Quick ratio
0.73▲
2024 · 0.69
Debt / equity
1.25▲
2024 · 1.05
ROE
-3.4%▼
2024 · 57.9%
ROA
-1.5%▼
2024 · 28.3%
Interest coverage
7.59▼
2024 · 9.77
Debt
€40k▲
2024 · €35k
Debt ≤ 1 year
€40k▲
2024 · €35k
Income taxes
€3k▼
2024 · €4k
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€68k€72k▲
Fixed assets21/28€39k€34k▼
Intangible fixed assets21€26k€18k▼
Tangible fixed assets22/27€3k€6k▲
Plant, machinery and equipment23€1k€5k▲
Furniture and vehicles24€2k€551▼
Financial fixed assets28€10k€10k=
Current assets29/58€29k€38k▲
Stocks and contracts in progress3€5k€9k▲
Stocks30/36€5k€9k▲
Amounts receivable within one year40/41€20k€21k▲
Other amounts receivable41€20k€21k▲
Cash at bank and in hand54/58€4k€8k▲
Deferred charges and accrued income490/1€107€101▼
Equity and liabilities
Total equity and liabilities10/49€68k€72k▲
Equity10/15€33k€32k▼
Contributions10/11€5k€5k=
Reserves13€28k€27k▼
Distributable reserves133€28k€27k▼
Amounts payable17/49€35k€40k▲
Amounts payable within one year42/48€35k€40k▲
Trade debts44€8k€19k▲
Suppliers440/4€8k€19k▲
Taxes, remuneration and social security45€26k€21k▼
Taxes450/3€24k€21k▼
Remuneration and social security454/9€3k-
Income statement
Code20242025
Non-recurring operating income76A€12k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€11k▲
Other operating charges640/8€6k€8k▲
Gross operating margin9900€43k€44k▲
Operating profit (loss)9901€27k€26k▼
Financial income75/76B-€1k
Recurring financial income75-€1k
Financial charges65/66B€4k€25k▲
Recurring financial charges65€4k€5k▲
Non-recurring financial charges66B-€20k
Profit (loss) for the period before taxes9903€24k€2k▼
Income taxes67/77€4k€3k▼
Profit (loss) for the period9904€19k€-1k▼
Profit (loss) for the period to be appropriated9905€19k€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€19k€-1k▼
Transfer from equity791/2-€1k
Transfer to equity691/2€19k-
To other reserves6921€19k-
The notes to these accounts (9 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
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-1k ▼106%
Net result drops to €-1k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Highest result since 2023net €19k ▲115%
Operating result €27k, net result €19k, both a record.
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
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, Genk · 1 establishment unit since 2023
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.
Zaveldriesstraat 433600 GenkGround area
211 m²
Building footprint
174 m²
Volume, LiDAR
981 m³
Parcel 71302A0032/00H011, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PICENO
since 20232.343.788.630
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71302A0032/00H011 | Flanders | 211 m² | 1 · 174 m² | 10.2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGenk2.343.788.630
Similar companies · same sector, comparable size
TIAMI
BE 0477.501.108
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Nekor
BE 0567.966.672
Wommelgem · Eq €32k
TARBO
BE 1002.208.948
Vorst · Eq €32k
JOLLET
BE 0859.726.440
Anderlecht · Eq €32k
WILD DOGS
BE 0712.651.674
Brugge · Eq €32k
Of 14,023 companies in sector 56301 we hold annual accounts for 4,893. 4,116 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-04-2023
Fiscal year end31-12
Activities, NACEBEL
56301Cafés and bars
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.