Pierre 19
ActivePierre 19 has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €72k and a net result of €17k. Equity is growing by ~50.1% per year across the filed fiscal years. Its solvency ranks better than 67% of 8601 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (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
Profitability89▼-11
Solvency96▲+6
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.89 against 0.42 in 2024; short-term debt: 28.9% and cash: 19.2% of total assets), and 28.9% 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
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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
71.1%
Return on assets
16.4%
Age of the figures
9 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 31-08-2026, 31 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 · 4 filingsDeviation from the deadline
2025
31 d late
2024
69 d late
2023
30 d late
2022
30 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€72k▲ 30.1%
2024 · €56k
2022: €13k
2023: €26k
2024: €56k
2022 → 2025
Total assets
€102k▲ 18.2%
2024 · €86k
2022: €58k
2023: €68k
2024: €86k
2022 → 2025
Net result
€17k▼ 43.0%
2024 · €29k
2022: €10k
2023: €13k
2024: €29k
2022 → 2025
Working capital
€-3k▲ 82.0%
2024 · €-18k
2022: €-37k
2023: €-24k
2024: €-18k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€13k-€26k▲ 101%€56k▲ 112%€72k▲ 30.1%
Operating result€14k-€20k▲ 44.1%€21k▲ 8.0%€27k▲ 23.7%
Net result€10k-€13k▲ 31.1%€29k▲ 123%€17k▼ 43.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2025 is 24% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €102k
Fixed assets
€75k▲ 3.1%
Current assets
€26k▲ 104%
Equity and liabilities €102k
Equity
€72k▲ 30.1%
Debt
€29k▼ 3.5%
The debt ratio falls from 35.4% to 28.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€27k▲
2024 · €22k
Cash flow
€17k▼
2024 · €30k
Solvency
71.1%▲
2024 · 64.6%
Current ratio
0.89▲
2024 · 0.42
Quick ratio
0.89▲
2024 · 0.42
Debt / equity
0.41▼
2024 · 0.55
ROE
23.1%▼
2024 · 52.8%
ROA
16.4%▼
2024 · 34.1%
Interest coverage
62.68▼
2024 · 121.32
Debt
€29k▼
2024 · €30k
Debt ≤ 1 year
€29k▼
2024 · €30k
Income taxes
€10k▼
2024 · €12k
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€86k€102k▲
Fixed assets21/28€73k€75k▲
Tangible fixed assets22/27€3k€5k▲
Furniture and vehicles24€3k€5k▲
Financial fixed assets28€70k€70k=
Current assets29/58€13k€26k▲
Amounts receivable within one year40/41€7k€7k▼
Other amounts receivable41€7k€7k▼
Cash at bank and in hand54/58€5k€20k▲
Equity and liabilities
Total equity and liabilities10/49€86k€102k▲
Equity10/15€56k€72k▲
Contributions10/11€3k€3k=
Reserves13€30k€40k▲
Distributable reserves133€30k€40k▲
Profit (loss) carried forward14€23k€29k▲
Amounts payable17/49€30k€29k▼
Amounts payable within one year42/48€30k€29k▼
Trade debts44€3k€7k▲
Suppliers440/4€3k€7k▲
Taxes, remuneration and social security45€28k€22k▼
Taxes450/3€17k€22k▲
Remuneration and social security454/9€11k-
Other amounts payable47/48€1-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€350€693▲
Other operating charges640/8€94€515▲
Gross operating margin9900€22k€28k▲
Operating profit (loss)9901€21k€27k▲
Financial income75/76B€20k€420▼
Recurring financial income75€20k€420▼
Financial charges65/66B€180€435▲
Recurring financial charges65€180€435▲
Profit (loss) for the period before taxes9903€41k€27k▼
Income taxes67/77€12k€10k▼
Profit (loss) for the period9904€29k€17k▼
Profit (loss) for the period to be appropriated9905€29k€17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€33k€39k▲
Profit (loss) brought forward from the previous period14P€3k€23k▲
Transfer to equity691/2€10k€10k=
To other reserves6921€10k€10k=
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 69 days late
2024
31-12
Financial
Highest result since 2022net €29k ▲123%
Net result €29k, the highest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Knokke-Heist · 1 establishment unit since 2022
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.
Gilbert Decockstraat 28300 Knokke-HeistGround area
2,228 m²
Building footprint
1,497 m²
Volume, LiDAR
2 m³
Parcel 31013D0279/00N000, Flanders · tallest building 1.4 m. Linked by address, not a title deed.
1 establishment unit
Gilbert Decockstraat 2, 8300 Knokke-Heist
since 20222.327.734.437
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31013D0279/00N000 | Flanders | 2,228 m² | 1 · 1,497 m² | 1.4 m |
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 5,691 companies in sector 70100 we hold annual accounts for 3,491. 2,182 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-02-2022
Fiscal year end31-12
Activities, NACEBEL
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.