Active BE 0849.200.554Private limited company (pre-2019)Open bankruptcy

PIEPESPOT

Egypteveldstraat 39 ·9880 Aalter, Belgium· 13 yrs active

Sector: Head offices & management consulting (70200)

Conclusion Checked

A bankruptcy procedure is open for PIEPESPOT according to publications in the Belgian State Gazette. The file additionally contains 1 interim measure. The 2024 annual accounts show equity of €13k and a net result of €-37k.

Based on the State Gazette, CBE and 5 annual accounts.

Key figures

Equity	€13k
Net result	€-37k
Better than sector	11%
Active	13 yrs

Snowflake analysis 5 axes · computed by Checked

12 / 100

Fragile profile, watch health in particular.

Health 0

Profitability 0

Solvency 9

Growth 52

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

55 / 100

High risk

Components

· 1 interim measure (+5)

· Open bankruptcy (+50)

Trust signals 1 signals

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2024 · computed

0 / 100 Critical

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 05-07-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Sector comparison

Fiscal year 2024 · NACE 70, Head offices & management consulting · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	5.2%	60.6%	better than 11% of 12430 sector peers
Net result	€-37k	€31k	better than 5% of 12432 sector peers
Equity	€13k	€63k	better than 19% of 12438 sector peers
Gross operating margin	€25k	€52k	better than 30% of 12418 sector peers
Total assets	€254k	€124k	better than 75% of 12431 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€24k

-80.7% +27% vs sector

Net profit

€-37k

- far below sector median

Cash flow

€3k

-96.7% -78% vs sector

Total assets

€254k

-6.8% +187% vs sector

Equity

€13k

-73.5% -52% vs sector

Working capital

€-52k

-297.6% far below sector median

Income taxes

€19k

-29.0% +50% vs sector

Debt

€241k

+8.2% far above sector median

Debt ≤ 1y

€196k

+44.6% far above sector median

Debt > 1y

€45k

-48.9% far above sector median

Current ratio

0.73

-18.8% -53% vs sector

Quick ratio

0.73

-18.8% -53% vs sector

Solvency

5.2%

-71.6% -89% vs sector

Debt / equity

18.20

+308.0% far above sector median

ROE

-277.1%

- far below sector median

ROA

-14.4%

- far below sector median

Interest coverage

4.94

-76.8% -84% vs sector

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Revenue	-
EBITDA	€24k
Net profit	€-37k
Cash flow	€3k
Staff costs	-
Income taxes	€19k
Dividends	-
Total assets	€254k
Equity	€13k
Debt	€241k
of which ≤ 1y	€196k
of which > 1y	€45k
Working capital	€-52k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	0.73
Quick ratio	0.73
Working capital ratio	-20.5%
Solvency	5.2%
Debt / equity	18.20
Long-term debt ratio	3.36
Interest coverage	4.94
Gross margin	-
Net margin	-
ROA	-14.4%
ROE	-277.1%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €111k · 43.5% Current assets €143k · 56.5%

Equity & liabilities

Equity €13k · 5.2% Debt €241k · 94.8%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€254k
Fixed assets	21/28	€111k
Intangible fixed assets	21	€110k
Tangible fixed assets	22/27	€426
Current assets	29/58	€143k
Amounts receivable within one year	40/41	€110k
Investments	50/53	€1k
Cash & bank	54/58	€2k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€254k
Equity	10/15	€13k
Contributions / capital	10/11	€6k
Reserves	13	€7k
Amounts payable	17/49	€241k
Amounts payable after one year	17	€45k
Amounts payable within one year	42/48	€196k
Trade debts payable within one year	44	€11k
Income statement
Gross operating margin	9900	€25k
Operating result	9901	€-15k
Financial income	75	€3k
Financial charges	65	€5k
Result before taxes	9903	€-18k
Income taxes	67/77	€19k
Net result for the period	9904	€-37k
Result to be appropriated	9905	€-37k

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Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	PIETER HUYGHE SAVAANSTRAAT 72, 9000 GENT-	03-02-2026 → present	Belgian State Gazette

Legal Structure

NACE primary	Head offices & management consulting(70200)
Legal form	Private limited company (pre-2019)(015)
Incorporation	24-09-2012
Status	Active
Postal code	9880
First BS signal	19-01-2026
Latest BS signal	09-02-2026

Company structure, linked entities1 linked entities

Mandates

Establishment units 1 location

PIEPESPOT

Egypteveldstraat 39A, 9880 AalterHoldings

since 20122.214.143.576

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44503F0828/00D003	Flanders	235 m²	1 · 72 m²	11.8 m · 1 fl.
44503F0828/00E003	Flanders	155 m²	1 · 71 m²	4.7 m · 1 fl.

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.

Updates 12 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026

09-02-2026

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Gent · PIEPESPOT BV EGYPTEVELD- STRAAT 39/A, 9880 AALTER · event 03-02-2026

19-01-2026

Interim measure Provisional administrator

Ondernemingsrechtbank Gent

2025

05-07-2025