PIENS
ActivePIENS has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.24M and a net result of €783k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 86% of 3184 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+62
Solvency100▲+1
Growth58=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €650k at 30 days acceptable
Liquidity short (current ratio 0.76 against 0.21 in 2024; short-term debt: 8.3% and cash: 0.1% of total assets), and 8.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
91.7%
Return on assets
8.7%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €8.24M
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
49 d late
2023
76 d late
2022
437 d late
2021
92 d late
2020
23 d late
2019
18 d early
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€783k
2024 · €-34k
2018: €-100k
2019: €-87k
2020: €-59k
2021: €-1.13M
2022: €15k
2023: €-37k
2024: €-34k
2018 → 2025
Working capital
€-179k▲ 91.2%
2024 · €-2.02M
2018: €-1.70M
2019: €-1.80M
2020: €-1.88M
2021: €-2.11M
2022: €-1.94M
2023: €-1.97M
2024: €-2.02M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€7.51M-€7.53M▲ 0.2%€7.49M▼ 0.5%€7.45M▼ 0.5%€8.24M▲ 10.5%
Operating result€-15k-€32k€17k▼ 47.0%€-622€798k
Net result€-1.13M-€15k€-37k€-34k▲ 6.2%€783k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €798k after a loss of €622 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.98M
Fixed assets
€8.42M▼ 11.5%
Current assets
€564k▲ 2.0%
Equity and liabilities €8.98M
Equity
€8.24M▲ 10.5%
Debt
€743k▼ 71.5%
The debt ratio falls from 25.9% to 8.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€802k▲
2024 · €-165
Cash flow
€787k▲
2024 · €-34k
Solvency
91.7%▲
2024 · 74.1%
Current ratio
0.76▲
2024 · 0.21
Quick ratio
0.76▲
2024 · 0.21
Debt / equity
0.09▼
2024 · 0.35
ROE
9.5%▲
2024 · -0.5%
ROA
8.7%▲
2024 · -0.3%
Interest coverage
81.87▲
2024 · 0.00
Debt
€743k▼
2024 · €2.61M
Debt ≤ 1 year
€743k▼
2024 · €2.58M
Debt > 1 year
€0▼
2024 · €30k
Income taxes
€5k
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€10.06M€8.98M▼
Fixed assets21/28€9.51M€8.42M▼
Tangible fixed assets22/27€2.52M€1.43M▼
Land and buildings22€2.23M€1.12M▼
Plant, machinery and equipment23€4k€16k▲
Other tangible fixed assets26€289k€289k=
Financial fixed assets28€6.99M€6.99M=
Current assets29/58€553k€564k▲
Amounts receivable within one year40/41€544k€550k▲
Trade receivables40-€2k
Other amounts receivable41€544k€548k▲
Cash at bank and in hand54/58€4k€8k▲
Deferred charges and accrued income490/1€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€10.06M€8.98M▼
Equity10/15€7.45M€8.24M▲
Contributions10/11€9.44M€9.44M=
Capital10€9.44M€9.44M=
Issued capital100€9.44M€9.44M=
Reserves13€35k€35k=
Non-distributable reserves130/1€3k€3k=
Legal reserve130€3k€3k=
Distributable reserves133€32k€32k=
Profit (loss) carried forward14€-2.02M€-1.24M▲
Amounts payable17/49€2.61M€743k▼
Amounts payable after more than one year17€30k€0▼
Financial debts170/4€30k€0▼
Amounts payable within one year42/48€2.58M€743k▼
Current portion of amounts payable after more than one year42€20k€0▼
Financial debts43€600k€0▼
Credit institutions430/8€600k€0▼
Trade debts44€6k€98▼
Suppliers440/4€6k€98▼
Taxes, remuneration and social security45-€5k
Taxes450/3-€5k
Other amounts payable47/48€1.95M€738k▼
Accrued charges and deferred income492/3€1k€0▼
Income statement
Code20242025
Non-recurring operating income76A€0€1.06M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€457€3k▲
Other operating charges640/8€5k€4k▼
Non-recurring operating charges66A-€80k
Gross operating margin9900€5k€885k▲
Operating profit (loss)9901€-622€798k▲
Financial income75/76B€0€3▲
Recurring financial income75€0€3▲
Financial charges65/66B€34k€10k▼
Recurring financial charges65€34k€10k▼
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€-34k€789k▲
Income taxes67/77-€5k
Profit (loss) for the period9904€-34k€783k▲
Profit (loss) for the period to be appropriated9905€-34k€783k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2.02M€-1.24M▲
Profit (loss) brought forward from the previous period14P€-1.99M€-2.02M▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (16 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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €783k
Net result €783k after 2 loss-making years.
18-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 49 days late
2024
15-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 76 days late
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 437 days late
2022
31-12
Financial
Back to profitnet €15k
Net result €15k after 4 loss-making years.
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 92 days late
2021
31-12
Financial
Weakest financial yearnet €-1.13M
Net result drops to €-1.13M, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Kruisem · 1 establishment unit since 1995
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.
Anzegemsesteenweg(KRU) 659770 KruisemGround area
1.7 ha
Building footprint
152 m²
Volume, LiDAR
1,069 m³
Parcel 45031A0647/00C000, Flanders · tallest building 11.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PIENS NV
since 19952.069.867.360
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45031A0647/00C000 | Flanders | 1.7 ha | 1 · 152 m² | 11.9 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.
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 7,866 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-11-1994
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 31 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.