Financials
- Fiscal year
- 2024
- Turnover
- €1.4m
- Profit
- €46,602
- Solvency
- 50.7%
Turnover▲ 6.9%
Net result
20182024
PIERRARD
ActiveSummary
PIERRARD has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €510,932 and a net result of €46,602. Equity is growing by ~20.2% per year across the filed fiscal years. Its solvency ranks better than 59% of 6131 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
Activity
Wholesale of agricultural produce and animal feed, general range
NACE 46216
1 site
Size
€1.4mturnover 2024
- Equity
- €510,932
- Profit
- €46,602
Structure
Accounts 65 d overdue0 of 6 deeds read
Why 56Capped at 59: a confirmed filing finding- 1 financial year not filed after the legal deadline; latest accounts 146 days late; 3 of the last 3 late- Figures for FY 2024 (filed 31-12-2025)+ Founded in 2009+ Liquidity: current ratio 1.49, cash €559,303Show the evidence
Checked score
Score 2024
56
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 63% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
A confirmed filing finding caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2023
Strong
Solvency
76+4
equity 50.7% of total assets
Liquidity
75+20
short-term debt 49.3% · cash 55.5%
Profitability
68+5
return on assets 4.6%
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.3%
12-2024: 0.3%● 0.0% vs 11-2024
01-2025: 0.3%● 0.0% vs 12-2024
02-2025: 0.3%▲ +2.1% vs 01-2025
03-2025: 0.3%▼ -1.4% vs 02-2025
04-2025: 0.3%▼ -8.0% vs 03-2025
05-2025: 0.2%▼ -8.6% vs 04-2025
06-2025: 0.2%▼ -2.9% vs 05-2025lowest value
07-2025: 0.3%▲ +21.2% vs 06-2025
08-2025: 0.5%▲ +74.1% vs 07-2025
09-2025: 0.6%▲ +13.1% vs 08-2025
10-2025: 0.8%▲ +41.4% vs 09-2025
11-2025: 0.8%▲ +6.8% vs 10-2025
12-2025: 1.2%▲ +45.2% vs 11-2025highest value
01-2026: 0.3%▼ -74.0% vs 12-2025
02-2026: 0.3%▲ +5.9% vs 01-2026
03-2026: 0.4%▲ +4.1% vs 02-2026
04-2026: 0.3%▼ -4.8% vs 03-2026
05-2026: 0.3%▼ -3.9% vs 04-2026
06-2026: 0.3%● 0.0% vs 05-2026
07-2026: 0.3%▲ +6.5% vs 06-2026
08-2026: 0.5%▲ +51.9% vs 07-2026
09-2026: 0.6%▲ +13.0% vs 08-2026
10-2026: 0.8%▲ +39.5% vs 09-2026
- 1 financial year not filed after the legal deadline; latest accounts 146 days late; 3 of the last 3 late raises the probability
- Figures for FY 2024 (filed 31-12-2025) raises the probability
- Founded in 2009 lowers the probability for this profile
- Liquidity: current ratio 1.49, cash €559,303 lowers the probability
Credit up to €25,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.49 against 1.29 in 2023; short-term debt: 49.3% and cash: 55.5% of total assets), and 49.3% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 58%, liquidity 79%, profitability 49%, growth against the median 65%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-12-2025, 146 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
146 d late
2023
31 d late
2022
70 d late
2021
31 d late
2020
122 d late
2019
4 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 67 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · full…
- Equity above €500,000Eq €510,932 ▲10%
- Annual accounts filedfiscal year 2023 · full…
Key points
By topic
Timeline
- Events
- 14
- Since
- 2016
- 24-12-2025Annual accounts filed
- 31-12-2024Equity above €500,000
- 31-08-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Wholesale of agricultural produce and animal feed, general…NACE 46216
- Founded
- 18-12-2009
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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