Picopa
ActiveSummary
Picopa has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of €199,958. Equity is growing by about 131% per year across the filed financial years. Its solvency ranks better than 74% of 11,191 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Activity
Buying and selling of own real estate
NACE 68110
1 site
Size
€2.3mtotal assets 2025
- Equity
- €1.4m
- Profit
- €199,958
Turnover not published (abbreviated or micro format)
Structure
Auditor: VRC BEDRIJFSREVISOREN2025 accounts 65 days early2 of 3 deeds summarised
Why 96raises riskLiquidity: current ratio 0.56, cash €69,992lowers riskSize: total assets €2.3mFigures for financial year 2025 (filed 27-05-2026)Sector: Real estate activities (NACE 68)Show the evidence
Checked score
Score 2025
96
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 71% of its sector peers (NACE 68, small)
Financial strength · tick = 2024
Strong
Solvency
88-12
equity 62.5% of total assets
Liquidity
43-8
short-term debt 28.1% · cash 3.0%
Profitability
80+6
return on assets 8.7%
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● unchanged vs 11-2024
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026highest value
06-2026: < 0.1%▼ -0.1 percentage points vs 05-2026lowest value
07-2026: < 0.1%● unchanged vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €130,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.56, compared with 8.33 in 2024, below 1; short-term debt: 28.1% and cash: 3% of total assets), and 37.5% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 68, small): better than 77% on solvency, 37% on liquidity, 90% on profitability and 78% on growth.
The bankruptcy probability was computed on 25-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Five signals.
lowers riskraises riskneutral
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 27-05-2026, 65 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
65 days early
2024
45 days early
2023
69 days early
2022
47 days early
2021
69 days early
2020
61 days early
2019
66 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 60 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · abbreviated…
- Equity above €1mequity €1.2m ▲190%
Financials · financial year 2025, abbreviated format
Equity
€1.4m▲ 16.1%
2024 · €1.2m
Total assets
€2.3m▲ 51.7%
2024 · €1.5m
Net result
€199,958▲ 210%
2024 · €64,555
Working capital
-€284,953
2024 · €320,994
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result recovers in 2025; 2025 is 3.3 times 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.3m
2025
Net result€0.2m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€2.3m
2025
Equity€1.4m
2025
Debt€0.9m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.3m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)8.7%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency62.5%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.56
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€0.002m-€0.02m€0.03m▲ 3.8%€0.03m▲ 39.1%€0.09m▲ 152%€0.4m▲ 396%€0.09m▼ 79.8%€0.3m▲ 231%
Net result-€0.01m-€0.01m€0.01mwithin the sector's middle half▼ 16.4%€0.02mwithin the sector's middle half▲ 66.8%€0.06mwithin the sector's middle half▲ 209%€0.3mabove the sector's middle half▲ 466%€0.06mwithin the sector's middle half▼ 80.1%€0.2mabove the sector's middle half▲ 210%
Equity€0.005m-€0.02m▲ 290%€0.03mbelow the sector's middle half▲ 62.1%€0.05mbelow the sector's middle half▲ 63.9%€0.1mwithin the sector's middle half▲ 120%€0.4mwithin the sector's middle half▲ 309%€1.2mwithin the sector's middle half▲ 190%€1.4mabove the sector's middle half▲ 16.1%
Total assets€0.6m-€0.5m▼ 3.9%€0.5mbelow the sector's middle half▼ 5.0%€0.5mbelow the sector's middle half▼ 4.6%€0.6mbelow the sector's middle half▲ 14.1%€0.8mwithin the sector's middle half▲ 35.8%€1.5mwithin the sector's middle half▲ 100%€2.3mwithin the sector's middle half▲ 51.7%
Debt€0.6m-€0.5m▼ 6.3%€0.5m▼ 7.3%€0.4m▼ 8.7%€0.5m▲ 2.7%€0.3m▼ 27.2%€0.3m▼ 16.0%€0.9m▲ 211%
Working capital-€0.07m--€0.06m▲ 4.4%-€0.06mwithin the sector's middle half▼ 2.1%-€0.06mwithin the sector's middle half▲ 2.7%-€0.03mwithin the sector's middle half▲ 57.4%€0.2mwithin the sector's middle half€0.3mwithin the sector's middle half▲ 30.7%-€0.3mbelow the sector's middle half
Solvency0.8%-3.3%▲ 2.5pp5.6%below the sector's middle half▲ 2.3pp9.7%below the sector's middle half▲ 4.0pp18.7%within the sector's middle half▲ 9.0pp56.4%within the sector's middle half▲ 37.7pp81.7%above the sector's middle half▲ 25.3pp62.5%within the sector's middle half▼ 19.2pp
Current ratio0.25-0.24▼ 0.010.16below the sector's middle half▼ 0.070.12below the sector's middle half▼ 0.040.79within the sector's middle half▲ 0.664.37above the sector's middle half▲ 3.588.33above the sector's middle half▲ 3.970.56within the sector's middle half▼ 7.77
Return on assets (ROA)-2.5%-2.5%▲ 4.9pp2.2%within the sector's middle half▼ 0.3pp3.8%within the sector's middle half▲ 1.6pp10.2%above the sector's middle half▲ 6.4pp42.6%above the sector's middle half▲ 32.4pp4.2%within the sector's middle half▼ 38.4pp8.7%above the sector's middle half▲ 4.4pp
above
within
below
the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Why a figure moved sharply
- 2024 Equity +190%, Total assets +100% on 2023. Capital increase of €750,000 (Official Gazette 12-07-2024).
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.3m
Fixed assets
€1.9m ▲ 68.1%
Current assets
€362,993 ▼ 0.5%
Equity and liabilities €2.3m
Equity
€1.4m ▲ 16.1%
Debt
€865,668 ▲ 211%
Debt's share of the balance-sheet total rises from 18.3% to 37.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€340,497▲
2024 · €122,508
Cash flow
€250,135▲
2024 · €99,280
Debt to equity
0.60▲
2024 · 0.22
ROE
13.9%▲
2024 · 5.2%
Interest coverage
56.55▲
2024 · 17.83
Debt ≤ 1 year
€647,946▲
2024 · €43,763
Debt > 1 year
€217,722▼
2024 · €234,952
Income taxes
€87,232▲
2024 · €23,660
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,782 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 96.7% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
2.7%
stopped otherwise
96.7%
still going
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,782 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €51,027 | €20,177 | €20,177 | €20,177 | €20,177 | €20,177 | €34,725 | €50,177 | ▲ 44.5% |
| Other operating charges640/8 | - | - | - | €4,005 | €4,093 | €4,591 | €8,726 | €7,806 | ▼ 10.5% |
| Gross operating margin9900 | €53,945 | €48,172 | €49,190 | €59,016 | €111,980 | €460,054 | €131,233 | €348,303 | ▲ 165% |
| Operating profit (loss)9901 | -€1,799 | €24,121 | €25,035 | €34,834 | €87,710 | €435,287 | €87,783 | €290,321 | ▲ 231% |
| Financial income75/76B | - | - | - | - | - | €1,014 | €7,305 | €2,890 | ▼ 60.4% |
| Recurring financial income75 | €151 | €0 | - | - | - | €1,014 | €7,305 | €2,890 | ▼ 60.4% |
| Financial charges65/66B | - | - | - | €9,370 | €8,880 | €8,875 | €6,873 | €6,021 | ▼ 12.4% |
| Recurring financial charges65 | €12,371 | €10,832 | €10,049 | €9,370 | €8,880 | €8,875 | €6,873 | €6,021 | ▼ 12.4% |
| Profit (loss) for the period before taxes9903 | -€14,019 | €13,289 | €14,986 | €25,464 | €78,830 | €427,425 | €88,215 | €287,190 | ▲ 226% |
| Income taxes67/77 | - | - | €3,883 | €6,941 | €21,599 | €103,332 | €23,660 | €87,232 | ▲ 269% |
| Profit (loss) for the period9904 | -€14,019 | €13,289 | €11,103 | €18,523 | €57,231 | €324,094 | €64,555 | €199,958 | ▲ 210% |
| Profit (loss) for the period to be appropriated9905 | -€14,019 | €13,289 | €11,103 | €18,523 | €57,231 | €324,094 | €64,555 | €199,958 | ▲ 210% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.6m | €0.5m | €0.5m | €0.5m | €0.6m | €0.8m | €1.5m | €2.3m | ▲ 51.7% |
| Fixed assets21/28 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.4m | €1.2m | €1.9m | ▲ 68.1% |
| Tangible fixed assets22/27 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.4m | €1.2m | €1.1m | ▼ 4.3% |
| Land and buildings22 | - | - | - | €0.5m | €0.5m | €0.4m | €1.2m | €1.1m | ▼ 4.3% |
| Financial fixed assets28 | - | - | - | - | - | - | - | €0.8m | - |
| Current assets29/58 | €0.02m | €0.02m | €0.01m | €0.009m | €0.1m | €0.3m | €0.4m | €0.4m | ▼ 0.5% |
| Amounts receivable within one year40/41 | - | - | €0.001m | €0.001m | €0.01m | €0.03m | €0.03m | €0.3m | ▲ 901% |
| Trade receivables40 | - | - | - | - | €0.01m | €0.03m | €0.03m | €0.03m | = |
| Other amounts receivable41 | - | - | - | €0.001m | €336 | €0.002m | €0 | €0.3m | - |
| Current investments50/53 | - | - | - | - | - | €0.3m | €0.3m | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €0.02m | €0.02m | €0.01m | €0.007m | €0.09m | €0.04m | €0.008m | €0.07m | ▲ 780% |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | €484 | €0.002m | €0.03m | €0.002m | ▼ 91.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.6m | €0.5m | €0.5m | €0.5m | €0.6m | €0.8m | €1.5m | €2.3m | ▲ 51.7% |
| Equity10/15 | €0.005m | €0.02m | €0.03m | €0.05m | €0.1m | €0.4m | €1.2m | €1.4m | ▲ 16.1% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.8m | €0.8m | = |
| Reserves13 | - | - | €0.01m | €0.03m | €0.09m | €0.4m | €0.5m | €0.7m | ▲ 42.1% |
| Distributable reserves133 | - | - | - | €0.03m | €0.09m | €0.4m | €0.5m | €0.7m | ▲ 42.1% |
| Profit (loss) carried forward14 | -€0.01m | -€0.001m | €0 | - | - | - | - | - | - |
| Amounts payable17/49 | €0.6m | €0.5m | €0.5m | €0.4m | €0.5m | €0.3m | €0.3m | €0.9m | ▲ 211% |
| Amounts payable after more than one year17 | €0.5m | €0.4m | €0.4m | €0.4m | €0.3m | €0.3m | €0.2m | €0.2m | ▼ 7.3% |
| Financial debts170/4 | - | - | - | €0.4m | €0.3m | €0.3m | €0.2m | €0.2m | ▼ 7.3% |
| Amounts payable within one year42/48 | €0.09m | €0.08m | €0.08m | €0.07m | €0.1m | €0.07m | €0.04m | €0.6m | ▲ 15× |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 2.4% |
| Financial debts43 | - | - | - | €0.04m | €0.04m | €0.03m | €0 | - | - |
| Credit institutions430/8 | - | - | - | €0.04m | €0.04m | €0.03m | €0 | - | - |
| Trade debts44 | €150 | €0.001m | €0.001m | €0.001m | €0.001m | €0.002m | €0.006m | €0.002m | ▼ 62.5% |
| Suppliers440/4 | - | - | - | €0.001m | €0.001m | €0.002m | €0.006m | €0.002m | ▼ 62.5% |
| Taxes, remuneration and social security45 | - | - | - | - | €0.06m | €0.01m | €0.009m | €0.008m | ▼ 6.9% |
| Taxes450/3 | - | - | - | - | €0.02m | €0.005m | €0.009m | €0.008m | ▼ 6.9% |
| Remuneration and social security454/9 | - | - | - | - | €0.04m | €0.007m | €0 | - | - |
| Other amounts payable47/48 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.6m | ▲ 52× |
| Accrued charges and deferred income492/3 | - | - | - | €0.005m | €0.006m | €0.007m | €0 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€14,019 | €13,289 | €11,103 | €18,523 | €57,231 | €324,094 | €64,555 | €199,958 | ▲ 210% |
| + Depreciation and write-downs630 | €51,027 | €20,177 | €20,177 | €20,177 | €20,177 | €20,177 | €34,725 | €50,177 | ▲ 44.5% |
| Operating cash flow (approximation) | €37,009 | €33,465 | €31,280 | €38,699 | €77,408 | €344,271 | €99,280 | €250,135 | ▲ 152% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | -€750,000 | -€838,852 | ▼ 11.8% |
| Change in cash | - | -€1,974 | -€8,039 | -€3,848 | €80,710 | -€51,294 | -€28,268 | €62,041 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 27-05-2026 | 2026-00121904 |
| 31-12-2024 | abbreviated format | 16-06-2025 | 2025-00140563 |
| 31-12-2023 | abbreviated format | 23-05-2024 | 2024-00093605 |
| 31-12-2022 | abbreviated format | 14-06-2023 | 2023-00124771 |
| 31-12-2021 | abbreviated format | 23-05-2022 | 2022-20031579 |
| 31-12-2020 | abbreviated format | 31-05-2021 | 2021-16500270 |
| 31-12-2019 | micro format | 26-05-2020 | 2020-13200049 |
| 31-12-2018 | micro format | 28-08-2019 | 2019-58500563 |
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Of the 7,228 active companies whose main activity is buying and selling of own real estate (NACE 68110), figures are known for 5,498. 2,967 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 director, last change in 2023
Board 1
PETEREYNS Pieter Jozef Gerard Paul
CurrentDirector (not named in the articles) · since 20-12-2023
Statutory auditor 1
VRC BEDRIJFSREVISOREN
CurrentAuditor · since 12-07-2024 · permanent representative: Steven T’Jollyn
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
1 of this company's 3 Belgian Official Gazette deeds has not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
2 people since 2023, 2 in office
- Board
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| PETEREYNS Pieter Jozef Gerard Paul |
|
| VRC BEDRIJFSREVISOREN |
|
Owners and capital
Capital and shareholders
Shareholders according to the deeds
After the capital increase
act of 12-07-2024 ↗
- Pieter Petereyns €750,000
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 12-07-2024 Capital increase of €750,000 · to €768,600 · 175 new shares · in kind
- 20-12-2023 Converted to unavailable equity
Group and network
Connections & network
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History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
27-05
NBB filing
Annual accounts filed
financial year 2025 · abbreviated format
2025
16-06
NBB filing
Annual accounts filed
financial year 2024 · abbreviated format
2024
31-12
Financial
Equity above €1mequity €1.2m ▲190%
6 profitable years in a row build equity to €1.2m.
12-07
Gazette deed
Appointment: VRC Bedrijfsrevisoren (statutory auditor)Auditor report · Capital increase · Capital contribution14 facts ▸
Gazette deed
Appointment: VRC Bedrijfsrevisoren (statutory auditor)
Auditor report · Capital increase · Capital contribution14 facts ▸
- General meeting, 09-07-2024
- Other provision, “kennisname bijzondere verslagen inbreng in natura, artikel 5:121 en 5:133 WVV” (deed in Dutch)
- Auditor appointment, VRC Bedrijfsrevisoren
- Auditor report, “VII. BESLUIT”, EUR (deed in Dutch)
- Auditor report, “inbreng in natura, geen bevindingen van materieel belang” (deed in Dutch)
- Auditor report, “uitgifte van aandelen, boekhoudkundige en financiële gegevens in speciaal verslag bestuursorgaan met verantwoording uitgifteprijs en gevolgen vermogens- en lidm…” (deed in Dutch)
- Other provision, “laattijdige overhandiging stukken, geen wezenlijke invloed op opdracht” (deed in Dutch)
- Other provision, “goedkeuring beide verslagen en neerlegging, afschrift verslagen tegelijk met afschrift proces-verbaal ter griffie bevoegde ondernemingsrechtbank overeenkomstig…” (deed in Dutch)
- Capital increase, €750,000
- Capital contribution, €750,000
- Real estate, “magazijn, Oudenaarde(achtste afdeling–Bevere)” (deed in Dutch)
- Capital, €768,600
- +2 further facts in this act
23-05
NBB filing
Annual accounts filed
financial year 2023 · abbreviated format
2023
31-12
Financial
Highest result from 2018 to 2025net €324,094 ▲466%
Operating result €435,287, net result €324,094, both a record.
31-12
Financial
Liquidity more than 5 timescurrent ratio 4.37
Current ratio from 0.79 to 4.37; short-term debt falls from €124,485 to €72,945.
31-12
Financial
Equity above €200,000equity €428,820 ▲309%
5 profitable years in a row build equity to €428,820.
20-12
Gazette deed
Resignation: PETEREYNS Pieter Jozef Gerard Paul (statutory manager)Appointment: PETEREYNS Pieter Jozef Gerard Paul (director) · Capital conversion · Reserve release13 facts ▸
Gazette deed
Resignation: PETEREYNS Pieter Jozef Gerard Paul (statutory manager)
Appointment: PETEREYNS Pieter Jozef Gerard Paul (director) · Capital conversion · Reserve release13 facts ▸
- General meeting, 13-12-2023
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, statuten aanpassen en rechtsvorm behouden” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffen, statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Director resignation, PETEREYNS Pieter Jozef Gerard Paul (statutory manager)
- Director appointment, PETEREYNS Pieter Jozef Gerard Paul (director (not named in the articles))
- Director discharge, PETEREYNS Pieter Jozef Gerard Paul
- Other provision, “aanpassing statuten aan voorgaande beslissing, opdracht aan de notaris om te verwerken in nieuwe statuten” (deed in Dutch)
- Amendment of the articles, 11
- Amendment of the articles
- Capital
- Registered office clause, “9750 Kruisem,Molendamstraat 10, adres van zetel is gevestigd” (deed in Dutch)
- +1 further fact in this act
14-06
NBB filing
Annual accounts filed
financial year 2022 · abbreviated format
2022
31-12
Financial
Equity above €100,000equity €104,726 ▲120%
4 profitable years in a row build equity to €104,726.
23-05
NBB filing
Annual accounts filed
financial year 2021 · abbreviated format
Show earlier events
2021
31-05
NBB filing
Annual accounts filed
financial year 2020 · abbreviated format
2020
26-05
NBB filing
Annual accounts filed
financial year 2019 · micro format
2019
31-12
Financial
Back to profitnet €13,289
Net result €13,289 after one loss-making year.
28-08
NBB filing
Annual accounts filed
financial year 2018 · micro format · 28 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
2 of 3 deeds read
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 2 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formPrivate limited company
Founded26-09-2017
Financial year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0681761827
Also
9925:BE0681761827
Registered
06-03-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Kruisem · 1 establishment unit since 2017
Ground area
451 m²
Building footprint
229 m²
Building volume
1,778 m³
Parcel 45036A1083/00D000, Flanders · tallest building 14.3 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Picopa
since 2017unit no. 2.269.467.230
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 45036A1083/00D000 | Flanders | 451 m² | 1 · 229 m² | 14.3 m · 2 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het aanleggen,het oordeelkundig uitbouwen en beheren van haar onroerend vermogen; Alle verrichtingen met betrekking tot onroerende goederen…” (deed in Dutch)
6 activities (deed in Dutch)
- Het aanleggen,het oordeelkundig uitbouwen en beheren van haar onroerend vermogen
- Alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen
- De aan- en verkoop,huur en verhuur van roerende goederen,alsmede alle handelingen,die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen,alsmede zich borg te stellen voor het goede verloop van verbintenissen door derden aangegaan,die het genot zouden hebben van deze roerende en onroerende zaken
- Om het even welke gelijkaardige handelingen stellen die van aard zijn de verwezenlijking van haar voorwerp te vergemakkelijken of uit te breiden
- Alle industriële,commerciële,financiële,burgerlijke,roerende en onroerende handelingen in rechtstreeks of onrechtstreeks,geheel of gedeeltelijk verband met haar voorwerp of van aard de verwezenlijking ervan te vergemakkelijken of uit te breiden
- Rechtstreeks of onrechtstreeks belangen nemen door inbreng,afstand,fusie,deelneming nemen in alle bestaande of op te richten vennootschappen in België of in het buitenland,die eenzelfde,een gelijkwaardig of samenhangend voorwerp nastreven of van die aard zijn de ontwikkeling van haar voorwerp te bevorderen
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Picopa
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, exploitatiezetels oprichten of opheffen bij enkel besluit bestuursorgaan voor zover geen wijziging taalregime” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Een of meer bestuurders, natuurlijke personen of rechtspersonen, al dan niet aandeelhouder” (deed in Dutch)“Algemene kosten los van representatie- reis- en verplaatsingskosten, algemene vergadering beslist of mandaat al dan niet ten kosteloze titel” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Elke overdracht onder levenden,ten bezwarende titel en kosteloos,vrijwillig en gedwongen,uitsluiting en uittreding,in vruchtgebruik,blote…” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering beslissende in vormen vereist voor statutenwijziging overeenkomstig toepasselijke wettelijke bepalingen, op…” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed