PICOBELLO RENTING
ActivePICOBELLO RENTING has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.68M and a net result of €1.29M. Equity is growing by ~14.5% per year across the filed fiscal years. Its solvency ranks better than 35% of 907 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency24▼-65
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €190k at 30 days acceptable
Liquidity short (current ratio 0.56 against 1.64 in 2024), and 76.8% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
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
23.2%
Return on assets
8.1%
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
21 d early
2022
31 d early
2021
31 d early
2020
24 d early
2019
34 d early
← 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 close15-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.68M▲ 25.5%
2024 · €2.93M
2019: €1.41M
2020: €1.88M
2021: €2.26M
2022: €2.44M
2023: €2.80M
2024: €2.93M
2019 → 2025
Total assets
€15.88M▲ 171%
2024 · €5.85M
2019: €2.43M
2020: €3.02M
2021: €3.42M
2022: €4.17M
2023: €5.04M
2024: €5.85M
2019 → 2025
Net result
€1.29M▲ 91.0%
2024 · €674k
2019: €255k
2020: €462k
2021: €383k
2022: €185k
2023: €654k
2024: €674k
2019 → 2025
Working capital
€-1.63M
2024 · €1.56M
2019: €136k
2020: €491k
2021: €1.87M
2022: €1.96M
2023: €1.82M
2024: €1.56M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.26M-€2.44M▲ 8.2%€2.80M▲ 14.5%€2.93M▲ 4.8%€3.68M▲ 25.5%
Operating result€-804k-€191k€619k▲ 225%€801k▲ 29.5%€1.29M▲ 60.5%
Net result€383k-€185k▼ 51.6%€654k▲ 253%€674k▲ 3.1%€1.29M▲ 91.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 60% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15.88M
Fixed assets
€13.81M▲ 642%
Current assets
€2.07M▼ 48.2%
Equity and liabilities €15.88M
Equity
€3.68M▲ 25.5%
Provisions
€389k▼ 0.2%
Debt
€11.81M▲ 366%
The debt ratio rises from 43.3% to 74.4%: debt grows faster than equity.
Key figures and ratios
EBITDA
€2.22M▲
2024 · €1.53M
Cash flow
€2.22M▲
2024 · €1.40M
Solvency
23.2%▼
2024 · 50.1%
Current ratio
0.56▼
2024 · 1.64
Quick ratio
0.56▼
2024 · 1.64
Debt / equity
3.21▲
2024 · 0.86
ROE
35.0%▲
2024 · 23.0%
ROA
8.1%▼
2024 · 11.5%
Interest coverage
14.25▼
2024 · 27.97
Debt
€11.81M▲
2024 · €2.53M
Debt ≤ 1 year
€3.70M▲
2024 · €2.43M
Debt > 1 year
€8.04M▲
2024 · €57k
Income taxes
€5k▼
2024 · €175k
Staff costs
€1.84M▲
2024 · €1.66M
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€5.85M€15.88M▲
Fixed assets21/28€1.86M€13.81M▲
Tangible fixed assets22/27€1.85M€13.80M▲
Land and buildings22-€25k
Plant, machinery and equipment23€1.59M€2.03M▲
Furniture and vehicles24€171k€140k▼
Leasing and similar rights25€92k€11.60M▲
Financial fixed assets28€8k€8k=
Current assets29/58€3.99M€2.07M▼
Amounts receivable within one year40/41€1.79M€1.80M▲
Trade receivables40€814k€959k▲
Other amounts receivable41€974k€837k▼
Cash at bank and in hand54/58€2.18M€239k▼
Deferred charges and accrued income490/1€30k€33k▲
Equity and liabilities
Total equity and liabilities10/49€5.85M€15.88M▲
Equity10/15€2.93M€3.68M▲
Contributions10/11€390k€390k=
Reserves13€2.54M€3.29M▲
Non-distributable reserves130/1€39k€39k=
Reserves not available under the articles1311€39k€39k=
Tax-exempt reserves132€1.23M€1.23M▼
Distributable reserves133€1.27M€2.02M▲
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€390k€389k▼
Deferred taxes168€390k€389k▼
Amounts payable17/49€2.53M€11.81M▲
Amounts payable after more than one year17€57k€8.04M▲
Financial debts170/4€57k€8.04M▲
Amounts payable within one year42/48€2.43M€3.70M▲
Current portion of amounts payable after more than one year42€30k€449k▲
Trade debts44€714k€871k▲
Suppliers440/4€714k€871k▲
Advances received on contracts in progress46€30k€50k▲
Taxes, remuneration and social security45€190k€228k▲
Taxes450/3€7k€8k▲
Remuneration and social security454/9€183k€220k▲
Other amounts payable47/48€1.47M€2.10M▲
Accrued charges and deferred income492/3€45k€75k▲
Income statement
Code20242025
Non-recurring operating income76A€9k€0▼
Remuneration, social security and pensions62€1.66M€1.84M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€730k€936k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€14k€4k▼
Other operating charges640/8€93k€88k▼
Non-recurring operating charges66A-€4k
Gross operating margin9900€3.29M€4.16M▲
Operating profit (loss)9901€801k€1.29M▲
Financial income75/76B€107k€161k▲
Recurring financial income75€107k€161k▲
Financial charges65/66B€59k€156k▲
Recurring financial charges65€55k€156k▲
Non-recurring financial charges66B€4k€0▼
Profit (loss) for the period before taxes9903€849k€1.29M▲
Transfer from deferred taxes780-€748
Income taxes67/77€175k€5k▼
Profit (loss) for the period9904€674k€1.29M▲
Transfer from tax-exempt reserves789-€2k
Transfer to tax-exempt reserves689€63k€0▼
Profit (loss) for the period to be appropriated9905€611k€1.29M▲
Appropriation of the result
Profit (loss) to be appropriated9906€611k€1.29M▲
Transfer to equity691/2€71k€749k▲
To other reserves6921€71k€749k▲
Profit to be distributed694/7€540k€540k=
Return on contributions (dividend)694€270k€270k=
Directors or managers695€270k€270k=
Social balance
Average headcount (FTE)908730.533.5▲
The notes to these accounts (20 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 · abbreviated schema
31-03
Financial
Highest result since 2019net €1.29M ▲91%
Operating result €1.29M, net result €1.29M, both a record.
2024
14-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
10-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Weakest financial yearnet €185k ▼51.6%
Net result drops to €185k, the lowest in the series; recovery starts the following year.
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Liquidity triplescurrent ratio 3.75
Current ratio from 1.45 to 3.75; short-term debt falls from €1.09M to €680k.
31-03
Financial
Equity above €2MEq €2.26M ▲20.4%
3 profitable years in a row build equity to €2.26M.
2020
07-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
03-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
06-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
23-09
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
4 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, Roeselare · 1 establishment unit since 1992
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.
Krommebeekpark 268800 RoeselareGround area
1.4 ha
Building footprint
5,706 m²
Volume, LiDAR
6 m³
Parcel 36505B1200/00A000, Flanders · tallest building 0.2 m. Linked by address, not a title deed.
1 establishment unit
PICOBELLO RENTING
since 19922.056.333.187
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36505B1200/00A000 | Flanders | 1.4 ha | 1 · 5,706 m² | 0.1 m |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 10,906 EUR awarded · 10,969 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | -4,544 EUR | 2,176 EUR |
| 2024 | 1 | 1,079 EUR | 1,079 EUR |
| 2023 | 2 | 7,200 EUR | 543 EUR |
| 2022 | 1 | 7,171 EUR | 7,171 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Werkbaarheidscheque (stopgezet)
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NIMA
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LEVI
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Of 305 companies in sector 77223 we hold annual accounts for 139. 33 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded07-02-1992
Fiscal year end31-03
Activities, NACEBEL
71404
77223Rental and leasing activities
71408
77229Renting and leasing of other personal and household goods
77299Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.