PIEROT
ActiveSummary
PIEROT has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €56k and a net result of €-3k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 95% of 10407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability12▲+6
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 30.84 against 19.56 in 2024; short-term debt: 2.4% and cash: 24.5% of total assets), and 2.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-3k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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
24 d late
2024
11 d late
2023
21 d late
2022
7 d late
2021
22 d late
2020
17 d late
2019
20 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€77k
EBIT margin
6.4%
Net result
€-3k▲ 44.5%
2024 · €-6k
2018: €4k
2019: €-4k▼ -186% vs 2018
2020: €3k▲ +172% vs 2019
2021: €-6k▼ -311% vs 2020
2022: €8k▲ +233% vs 2021highest in 8 years
2023: €-1k▼ -118% vs 2022
2024: €-6k▼ -336% vs 2023lowest in 8 years
2025: €-3k▲ +44.5% vs 2024
2018 → 2025
Working capital
€41k▼ 17.5%
2024 · €50k
2018: €61khighest in 8 years
2019: €52k▼ -15.4% vs 2018
2020: €51k▼ -1.0% vs 2019
2021: €42k▼ -18.4% vs 2020
2022: €54k▲ +28.9% vs 2021
2023: €52k▼ -4.2% vs 2022
2024: €50k▼ -3.8% vs 2023
2025: €41k▼ -17.5% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€59k-€67k▲ 13.3%€65k▼ 2.2%€59k▼ 9.6%€56k▼ 5.9%
2021: €59k
2022: €67k▲ +13.3% vs 2021highest in 5 years
2023: €65k▼ -2.2% vs 2022
2024: €59k▼ -9.6% vs 2023
2025: €56k▼ -5.9% vs 2024lowest in 5 years
Operating result€-5k-€9k€-507€-6k▼ 1,001%€-2k▲ 58.7%
2021: €-5k
2022: €9k▲ +265% vs 2021highest in 5 years
2023: €-507▼ -106% vs 2022
2024: €-6k▼ -1001% vs 2023lowest in 5 years
2025: €-2k▲ +58.7% vs 2024
Net result€-6k-€8k€-1k€-6k▼ 336%€-3k▲ 44.5%
2021: €-6k
2022: €8k▲ +233% vs 2021highest in 5 years
2023: €-1k▼ -118% vs 2022
2024: €-6k▼ -336% vs 2023lowest in 5 years
2025: €-3k▲ +44.5% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2025 against €6k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €57k
Fixed assets
€15k ▲ 56.5%
Current assets
€42k ▼ 19.1%
Equity and liabilities €57k
Equity
€56k ▼ 5.9%
Debt
€1k ▼ 48.7%
Debt's share of the balance-sheet total falls from 4.3% to 2.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€154▲
2024 · €-1k
Cash flow
€-1k▲
2024 · €-2k
Current ratio
30.84▲
2024 · 19.56
Quick ratio
25.18▲
2024 · 16.90
Debt to equity
0.02▼
2024 · 0.05
ROE
-6.3%▲
2024 · -10.6%
ROA
-6.1%▲
2024 · -10.1%
Interest coverage
0.16▲
2024 · -1.69
Debt ≤ 1 year
€1k▼
2024 · €3k
Income taxes
€303▲
2024 · €18
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€62k€57k▼
Fixed assets21/28€9k€15k▲
Tangible fixed assets22/27€9k€15k▲
Plant, machinery and equipment23€9k€15k▲
Financial fixed assets28€20€20=
Current assets29/58€52k€42k▼
Stocks and contracts in progress3€7k€8k▲
Stocks30/36€7k€8k▲
Amounts receivable within one year40/41€16k€21k▲
Trade receivables40€679€362▼
Other amounts receivable41€15k€20k▲
Cash at bank and in hand54/58€27k€14k▼
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€62k€57k▼
Equity10/15€59k€56k▼
Contributions10/11€6k€6k=
Reserves13€180k€180k=
Distributable reserves133€180k€180k=
Profit (loss) carried forward14€-127k€-130k▼
Amounts payable17/49€3k€1k▼
Amounts payable within one year42/48€3k€1k▼
Trade debts44€2k€682▼
Suppliers440/4€2k€682▼
Taxes, remuneration and social security45€368€692▲
Taxes450/3€368€692▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k▼
Other operating charges640/8€1k€2k▲
Non-recurring operating charges66A-€38
Gross operating margin9900€43€2k▲
Operating profit (loss)9901€-6k€-2k▲
Financial income75/76B€117€94▼
Recurring financial income75€117€94▼
Financial charges65/66B€769€956▲
Recurring financial charges65€769€956▲
Profit (loss) for the period before taxes9903€-6k€-3k▲
Income taxes67/77€18€303▲
Profit (loss) for the period9904€-6k€-3k▲
Profit (loss) for the period to be appropriated9905€-6k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-127k€-130k▼
Profit (loss) brought forward from the previous period14P€-120k€-127k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €2k | - | €148 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €5k | €5k | €4k | €2k | ▼ 42.5% |
| Other operating charges640/8 | €1k | €1k | €1k | €1k | €2k | ▲ 11.8% |
| Non-recurring operating charges66A | - | - | - | - | €38 | - |
| Gross operating margin9900 | €2k | €15k | €6k | €43 | €2k | ▲ 3,850% |
| Operating profit (loss)9901 | €-5k | €9k | €-507 | €-6k | €-2k | ▲ 58.7% |
| Financial income75/76B | €93 | - | €32 | €117 | €94 | ▼ 19.9% |
| Recurring financial income75 | €93 | - | €32 | €117 | €94 | ▼ 19.9% |
| Financial charges65/66B | €744 | €844 | €950 | €769 | €956 | ▲ 24.4% |
| Recurring financial charges65 | €744 | €844 | €950 | €769 | €956 | ▲ 24.4% |
| Profit (loss) for the period before taxes9903 | €-6k | €8k | €-1k | €-6k | €-3k | ▲ 49.2% |
| Income taxes67/77 | - | - | €9 | €18 | €303 | ▲ 1,590% |
| Profit (loss) for the period9904 | €-6k | €8k | €-1k | €-6k | €-3k | ▲ 44.5% |
| Profit (loss) for the period to be appropriated9905 | €-6k | €8k | €-1k | €-6k | €-3k | ▲ 44.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €64k | €69k | €69k | €62k | €57k | ▼ 7.7% |
| Fixed assets21/28 | €17k | €13k | €14k | €9k | €15k | ▲ 56.5% |
| Tangible fixed assets22/27 | €17k | €13k | €14k | €9k | €15k | ▲ 56.6% |
| Plant, machinery and equipment23 | €17k | €13k | €14k | €9k | €15k | ▲ 56.6% |
| Financial fixed assets28 | €20 | €20 | €20 | €20 | €20 | = |
| Current assets29/58 | €47k | €56k | €56k | €52k | €42k | ▼ 19.1% |
| Stocks and contracts in progress3 | €13k | €27k | €11k | €7k | €8k | ▲ 9.1% |
| Stocks30/36 | €13k | €27k | €11k | €7k | €8k | ▲ 9.1% |
| Amounts receivable within one year40/41 | €13k | €13k | €13k | €16k | €21k | ▲ 32.8% |
| Trade receivables40 | €5k | €5k | €818 | €679 | €362 | ▼ 46.7% |
| Other amounts receivable41 | €8k | €9k | €12k | €15k | €20k | ▲ 36.4% |
| Cash at bank and in hand54/58 | €19k | €14k | €29k | €27k | €14k | ▼ 49.2% |
| Deferred charges and accrued income490/1 | €2k | €2k | €2k | €2k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €64k | €69k | €69k | €62k | €57k | ▼ 7.7% |
| Equity10/15 | €59k | €67k | €65k | €59k | €56k | ▼ 5.9% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €180k | €180k | €180k | €180k | €180k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | - | - | - |
| Distributable reserves133 | €178k | €178k | €178k | €180k | €180k | = |
| Profit (loss) carried forward14 | €-127k | €-119k | €-120k | €-127k | €-130k | ▼ 2.7% |
| Amounts payable17/49 | €5k | €2k | €4k | €3k | €1k | ▼ 48.7% |
| Amounts payable within one year42/48 | €5k | €2k | €4k | €3k | €1k | ▼ 48.7% |
| Trade debts44 | €4k | €2k | €3k | €2k | €682 | ▼ 70.5% |
| Suppliers440/4 | €4k | €2k | €3k | €2k | €682 | ▼ 70.5% |
| Taxes, remuneration and social security45 | €1k | €418 | €1k | €368 | €692 | ▲ 87.8% |
| Taxes450/3 | €1k | €418 | €1k | €368 | €692 | ▲ 87.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-6k | €8k | €-1k | €-6k | €-3k | ▲ 44.5% |
| + Depreciation and write-downs630 | €4k | €5k | €5k | €4k | €2k | ▼ 42.5% |
| Operating cash flow (approximation) | €-2k | €13k | €3k | €-2k | €-1k | ▲ 48.6% |
| Investment in fixed assets (approximation) | - | €-500 | €-6k | €0 | €-8k | - |
| Change in cash | - | €-6k | €16k | €-2k | €-14k | ▼ 591% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 24 days late
2025
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 11 days late
2024
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 21 days late
2023
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 7 days late
2022
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 24.82
Current ratio from 9.04 to 24.82; short-term debt falls from €5k to €2k.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 22 days late
2021
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 17 days late
2020
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 20 days late
2019
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 1 day late
2018
03-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 3 days late
2017
01-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Brasschaat · 1 establishment unit since 2011
Ground area
1,815 m²
Building footprint
124 m²
Volume, LiDAR
449 m³
Parcel 11323F0224/00C002, Flanders · tallest building 4.8 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
CONFISERIE PIEROT - QUEST SAILING - QUEST DIVING
since 20112.199.088.384
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11323F0224/00C002 | Flanders | 1,815 m² | 1 · 124 m² | 4.8 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
SAPHIR SALES AND CONSULTING
BE 0733.558.144
Momignies · Eq €55,457
ADRENALO
BE 0629.954.028
Leuven · Eq €55,602
Thurso Sport
BE 0662.502.080
Ukkel · Eq €55,790
Runners’ Lab Roeselare
BE 0805.739.309
Beveren-Kruibeke-Zwijndrecht · Eq €55,834
WESTCOAST GARAGE
BE 0726.427.753
Nivelles · Eq €56,044
Of 1,315 companies in sector 47639 we hold annual accounts for 624. 494 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-05-2011
Fiscal year end31-12
Activities, NACEBEL 2025
47639Retail sale of other sporting goods
46423Wholesale of clothing, excluding workwear and underwear
85510Sports and recreation education
Scores and ratios are computed by Checked and are not a credit decision.