PICOR
ActivePICOR has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €93k and a net result of €9k. Equity is growing by ~13.5% per year across the filed fiscal years. Its solvency ranks better than 61% of 27386 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
83
/ 100
Excellent▼ -17 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability47▼-53
Solvency99▼-1
Growth78=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.53 against 3.57 in 2024), and 43.1% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
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
56.9%
Return on assets
5.4%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
5 d late
2024
5 d early
2023
4 d early
2022
28 d late
2021
61 d late
2020
26 d late
2019
61 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€93k▼ 12.9%
2024 · €106k
2018: €41k
2019: €43k
2020: €57k
2021: €59k
2022: €54k
2023: €80k
2024: €106k
2018 → 2025
Total assets
€163k▼ 2.1%
2024 · €166k
2018: €103k
2019: €106k
2020: €141k
2021: €117k
2022: €98k
2023: €153k
2024: €166k
2018 → 2025
Net result
€9k▼ 66.8%
2024 · €26k
2018: €6k
2019: €2k
2020: €13k
2021: €17k
2022: €4k
2023: €26k
2024: €26k
2018 → 2025
Working capital
€89k▼ 15.2%
2024 · €105k
2018: €46k
2019: €49k
2020: €91k
2021: €62k
2022: €62k
2023: €81k
2024: €105k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€59k-€54k▼ 9.0%€80k▲ 48.7%€106k▲ 33.1%€93k▼ 12.9%
Operating result€25k-€6k▼ 77.2%€35k▲ 527%€36k▲ 3.7%€12k▼ 65.8%
Net result€17k-€4k▼ 77.2%€26k▲ 561%€26k▲ 1.1%€9k▼ 66.8%
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 66% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €163k
Fixed assets
€15k▼ 23.4%
Current assets
€148k▲ 0.8%
Equity and liabilities €163k
Equity
€93k▼ 12.9%
Provisions
€12k=
Debt
€58k▲ 21.5%
The debt ratio rises from 28.8% to 35.8%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€18k▼
2024 · €42k
Cash flow
€14k▼
2024 · €32k
Solvency
56.9%▼
2024 · 64.0%
Current ratio
2.53▼
2024 · 3.57
Quick ratio
2.53▼
2024 · 3.56
Debt / equity
0.63▲
2024 · 0.45
ROE
9.5%▼
2024 · 24.9%
ROA
5.4%▼
2024 · 15.9%
Interest coverage
18.52▼
2024 · 36.56
Debt
€58k▲
2024 · €48k
Debt ≤ 1 year
€58k▲
2024 · €41k
Income taxes
€4k▼
2024 · €10k
Staff costs
€578▼
2024 · €827
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€166k€163k▼
Fixed assets21/28€20k€15k▼
Tangible fixed assets22/27€20k€15k▼
Plant, machinery and equipment23€2k€2k▲
Furniture and vehicles24€18k€13k▼
Financial fixed assets28€10€10=
Current assets29/58€147k€148k▲
Stocks and contracts in progress3€311€401▲
Stocks30/36€311€401▲
Amounts receivable within one year40/41€74k€46k▼
Trade receivables40€37k€27k▼
Other amounts receivable41€37k€19k▼
Cash at bank and in hand54/58€72k€102k▲
Equity and liabilities
Total equity and liabilities10/49€166k€163k▼
Equity10/15€106k€93k▼
Contributions10/11€6k€6k=
Reserves13€98k€85k▼
Distributable reserves133€98k€85k▼
Profit (loss) carried forward14€2k€2k=
Provisions and deferred taxes16€12k€12k=
Provisions for liabilities and charges160/5€12k€12k=
Pensions and similar obligations160€12k€12k=
Amounts payable17/49€48k€58k▲
Amounts payable after more than one year17€7k-
Financial debts170/4€7k-
Amounts payable within one year42/48€41k€58k▲
Current portion of amounts payable after more than one year42€9k€7k▼
Financial debts43-€2k
Other loans439-€2k
Trade debts44€25k€48k▲
Suppliers440/4€25k€48k▲
Taxes, remuneration and social security45€6k€1k▼
Taxes450/3€6k€1k▼
Income statement
Code20242025
Remuneration, social security and pensions62€827€578▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▼
Other operating charges640/8€605€1k▲
Non-recurring operating charges66A-€3k
Gross operating margin9900€44k€23k▼
Operating profit (loss)9901€36k€12k▼
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€1k€973▼
Recurring financial charges65€1k€973▼
Profit (loss) for the period before taxes9903€37k€13k▼
Income taxes67/77€10k€4k▼
Profit (loss) for the period9904€26k€9k▼
Profit (loss) for the period to be appropriated9905€26k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€28k€11k▼
Profit (loss) brought forward from the previous period14P€2k€2k=
Transfer from equity791/2-€23k
Transfer to equity691/2€26k€9k▼
To other reserves6921€26k€9k▼
Profit to be distributed694/7-€23k
Return on contributions (dividend)694-€23k
The notes to these accounts (6 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
05-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
2025
26-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €26k ▲1.1%
Operating result €36k, net result €26k, both a record.
31-12
Financial
Equity above €100kEq €106k ▲33.1%
7 profitable years in a row build equity to €106k.
27-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-12
Financial
Weakest financial yearnet €2k ▼69.1%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
26-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 57 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Nijlen · 1 establishment unit since 2007
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.
Grote Steenweg 1362560 NijlenGround area
3,710 m²
Building footprint
597 m²
Volume, LiDAR
4,033 m³
2 parcels, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PICOR
since 20072.163.471.766
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12018B0415/00F000 | Flanders | 3,418 m² | 1 · 341 m² | 11.9 m · 2 fl. |
| 11423B0309/00V003 | Flanders | 291 m² | 1 · 256 m² | 9.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Legal Entity Identifier
254900H3BAU3G8IZLJ52
Similar companies · same sector, comparable size
Faes & Co
BE 0881.683.379
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VITERENOV
BE 0777.638.211
Ukkel · Eq €93k
TOITURE CAMBIER
BE 0831.321.573
Binche · Eq €93k
MOLI CONSTRUCT
BE 0561.812.914
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BAGHE CONSTRUCT
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Soignies · Eq €93k
Of 15,434 companies in sector 43990 we hold annual accounts for 7,355. 6,194 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-12-1996
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
45250
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 29 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.