PiConsult
ActiveSummary
PiConsult has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €24,690 and a net result of €2,339. Its solvency ranks better than 74% of 39,275 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 11-08-2023 Normal situation
- Activity
- Business and other management consultancy NACE 70200and 2 others
- Establishment unit
- 2.348.254.093 9000 Gent, since 11-08-2023
- Financial year end
- 30 June
- Peppol
- Reachable since 28-11-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €9,961
- ▼ 68.0%
- Turnover
- ≈ €47,000
- estimated
- Profit
- €2,339
- ▼ 88.2%
- Equity
- €24,690
- ▲ 10.5%
- Total assets
- €31,920
- ▼ 4.4%
Score breakdownraises riskFounded in 2023lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 4.35, cash €17,390Equity €24,690 (77.3% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 86% of them on solvency, 86% on liquidity, 23% on profitability and 58% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 45 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 17-12-2025 PDF all 2 filings
Every figure per financial year
The operating result for 2025 is 69% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 30-06-2024 | 30-06-2025 |
|---|---|---|
| Tangible fixed assets | €1,101 | - |
| Depreciation and write-downs of the year | €279 | €367 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €279 | €367 | ▲ 31.8% |
| Other operating charges640/8 | €50 | €0 | ▼ 100% |
| Gross operating margin9900 | €31,169 | €9,961 | ▼ 68.0% |
| Operating profit (loss)9901 | €30,840 | €9,594 | ▼ 68.9% |
| Financial income75/76B | - | €0 | - |
| Recurring financial income75 | - | €0 | - |
| Financial charges65/66B | €4,466 | €3,935 | ▼ 11.9% |
| Recurring financial charges65 | €4,466 | €3,935 | ▼ 11.9% |
| Profit (loss) for the period before taxes9903 | €26,375 | €5,660 | ▼ 78.5% |
| Income taxes67/77 | €6,523 | €3,321 | ▼ 49.1% |
| Profit (loss) for the period9904 | €19,852 | €2,339 | ▼ 88.2% |
| Profit (loss) for the period to be appropriated9905 | €19,852 | €2,339 | ▼ 88.2% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €33,401 | €31,920 | ▼ 4.4% |
| Fixed assets21/28 | €823 | €456 | ▼ 44.6% |
| Tangible fixed assets22/27 | €823 | €456 | ▼ 44.6% |
| Furniture and vehicles24 | €823 | €456 | ▼ 44.6% |
| Current assets29/58 | €32,579 | €31,465 | ▼ 3.4% |
| Amounts receivable within one year40/41 | €17,588 | €10,030 | ▼ 43.0% |
| Trade receivables40 | €17,588 | €7,351 | ▼ 58.2% |
| Other amounts receivable41 | - | €2,679 | - |
| Cash at bank and in hand54/58 | €12,896 | €17,390 | ▲ 34.9% |
| Deferred charges and accrued income490/1 | €2,095 | €4,045 | ▲ 93.1% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €33,401 | €31,920 | ▼ 4.4% |
| Equity10/15 | €22,352 | €24,690 | ▲ 10.5% |
| Contributions10/11 | €2,500 | €2,500 | = |
| Reserves13 | €19,852 | €22,190 | ▲ 11.8% |
| Distributable reserves133 | €19,852 | €22,190 | ▲ 11.8% |
| Amounts payable17/49 | €11,050 | €7,230 | ▼ 34.6% |
| Amounts payable within one year42/48 | €11,050 | €7,230 | ▼ 34.6% |
| Trade debts44 | €1,722 | €1,798 | ▲ 4.4% |
| Suppliers440/4 | €1,722 | €1,798 | ▲ 4.4% |
| Taxes, remuneration and social security45 | €7,395 | €5,432 | ▼ 26.5% |
| Taxes450/3 | €7,395 | €5,432 | ▼ 26.5% |
| Other amounts payable47/48 | €1,932 | €0 | ▼ 100% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €19,852 | €2,339 | ▼ 88.2% |
| + Depreciation and write-downs630 | €279 | €367 | ▲ 31.8% |
| Operating cash flow (approximation) | €20,130 | €2,706 | ▼ 86.6% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €4,494 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as PiConsult has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of PiConsult itself is lower: < 0.1% within 12 months. It rests on far more data about PiConsult than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for PiConsult. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Shareholders
- VAN HUFFEL Pieter Julien 25 shares (100%) · €2,500 in cash
- VAN HUFFEL Pieter Julien 25 shares (100%) · €2,500 in cash
Capital transactions
- 11-09-2023 Incorporation · €2,500 · 25 shares
- 16-08-2023 Incorporation · €2,500 · 25 shares
Articles of association
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “25, gelijk recht in de winstverdeling”
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 11-09-2023 (in Dutch)
Network & group
Companies at the same address
3 other companiesConnections & network
3 connected companiesTimeline
Acts, filings and financial milestones
11-09
Gazette deed
Amendment of the articlesStarting capital €2,500 · Appointment: VAN HUFFEL Pieter Julien (director) · Incorporation · Founder8 points ▸
- Incorporation, “PiConsult” (deed in Dutch)
- Founder, VAN HUFFEL Pieter Julien (oprichter comparant)
- Founding capital, €2,500
- Bank account, “vennootschap in oprichting, BE11 0689 4953 5148” (deed in Dutch)
- Registered office clause, “9000 Gent,Slachthuisstraat 56” (deed in Dutch)
- Director appointment, VAN HUFFEL Pieter Julien (director (not named in the articles))
- Pre-incorporation commitments, “takeover, rechten en verbintenissen uit rechtshandelingen in haar naam en voor haar rekening gesteld voor oprichting” (deed in Dutch)
- Other provision, “verklaring van eenhoofdigheid, artikel 2:14,4° Wetboek van vennootschappen en verenigingen” (deed in Dutch)
16-08
Gazette deed
IncorporationStarting capital €2,500 · Appointment: VAN HUFFEL Pieter Julien (director) · Founder8 points ▸
- Incorporation, “PiConsult” (deed in Dutch)
- Founder, VAN HUFFEL Pieter Julien
- Founding capital, €2,500
- Bank account, “vennootschap in oprichting, storting inbreng” (deed in Dutch)
- Registered office clause, “9000 Gent,Slachthuisstraat 56, slechts uitwerking vanaf neerlegging ter griffie van uitgifte oprichtingsakte overeenkomstig wet” (deed in Dutch)
- Director appointment, VAN HUFFEL Pieter Julien (director (not named in the articles))
- Pre-incorporation commitments, “takeover, rechten en verbintenissen uit rechtshandelingen in naam en voor rekening gesteld voor oprichting” (deed in Dutch)
- Other provision, “eenhoofdigheid, notaris vestigt aandacht op verplichting artikel 2:8,§4 WVV” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
On 11 August 2023, PiConsult was incorporated as a private limited company by one natural person, with a starting capital of €2,500.12 VAN HUFFEL Pieter Julien is director of the company, appointed in the act of 16-08-2023.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44804D3652/00V005 | Flanders | 160 m² | 1 · 160 m² | 12.8 m · 3 |