Pierre BAECK
Open bankruptcyA bankruptcy procedure is open for Pierre BAECK according to publications in the Belgian State Gazette; curator: JOHAN MOMMAERTS. The 2023 annual accounts show equity of €399k and a net result of €-59k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 06-08-2024, 6 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
not confirmed
2024
not filed
2023
6 d late
2022
29 d late
2021
5 d late
2020
1 d early
2019
24 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, abbreviated schema
Equity
€399k▼ 12.8%
2022 · €458k
2018: €209k
2019: €340k
2020: €457k
2021: €479k
2022: €458k
2018 → 2023
Total assets
€742k▼ 11.4%
2022 · €837k
2018: €961k
2019: €909k
2020: €895k
2021: €904k
2022: €837k
2018 → 2023
Net result
€-59k▼ 187%
2022 · €-20k
2018: €61k
2019: €131k
2020: €117k
2021: €21k
2022: €-20k
2018 → 2023
Working capital
€373k▼ 7.7%
2022 · €404k
2018: €130k
2019: €216k
2020: €325k
2021: €381k
2022: €404k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€340k-€457k▲ 34.5%€479k▲ 4.7%€458k▼ 4.3%€399k▼ 12.8%
Operating result€212k-€142k▼ 33.0%€46k▼ 67.7%€14k▼ 70.4%€-49k
Net result€131k-€117k▼ 10.7%€21k▼ 81.7%€-20k€-59k▼ 187%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €49k after €14k in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €742k
Fixed assets
€50k▼ 6.4%
Current assets
€691k▼ 11.8%
Equity and liabilities €742k
Equity
€399k▼ 12.8%
Debt
€342k▼ 9.7%
The debt ratio rises from 45.3% to 46.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-1k▼
2022 · €59k
Cash flow
€-11k▼
2022 · €24k
Solvency
53.9%▼
2022 · 54.7%
Current ratio
2.17▲
2022 · 2.07
Quick ratio
1.99▲
2022 · 1.92
Debt / equity
0.86▲
2022 · 0.83
ROE
-14.7%▼
2022 · -4.5%
ROA
-7.9%▼
2022 · -2.4%
Interest coverage
-0.12▼
2022 · 5.56
Debt
€342k▼
2022 · €379k
Debt ≤ 1 year
€318k▼
2022 · €379k
Debt > 1 year
€24k
Income taxes
€123▼
2022 · €27k
Staff costs
€807k▼
2022 · €912k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€837k€742k▼
Fixed assets21/28€54k€50k▼
Tangible fixed assets22/27€54k€50k▼
Plant, machinery and equipment23€16k€10k▼
Furniture and vehicles24€5k€2k▼
Leasing and similar rights25€31k€39k▲
Other tangible fixed assets26€3k-
Current assets29/58€783k€691k▼
Amounts receivable after more than one year29€66k€66k=
Other amounts receivable291€66k€66k=
Stocks and contracts in progress3€57k€57k=
Stocks30/36€57k€57k=
Amounts receivable within one year40/41€580k€496k▼
Trade receivables40€214k€182k▼
Other amounts receivable41€365k€314k▼
Cash at bank and in hand54/58€81k€73k▼
Deferred charges and accrued income490/1-€399
Equity and liabilities
Total equity and liabilities10/49€837k€742k▼
Equity10/15€458k€399k▼
Contributions10/11€202k€202k=
Capital10€202k€202k=
Issued capital100€202k€202k=
Reserves13€37k€37k=
Non-distributable reserves130/1€19k€19k=
Legal reserve130€19k€19k=
Tax-exempt reserves132€19k€19k=
Profit (loss) carried forward14€219k€160k▼
Amounts payable17/49€379k€342k▼
Amounts payable after more than one year17-€24k
Financial debts170/4-€24k
Amounts payable within one year42/48€379k€318k▼
Current portion of amounts payable after more than one year42€6k€12k▲
Financial debts43€185k€192k▲
Credit institutions430/8€185k€192k▲
Trade debts44€111k€21k▼
Suppliers440/4€111k€21k▼
Taxes, remuneration and social security45€67k€85k▲
Taxes450/3€13k€17k▲
Remuneration and social security454/9€54k€68k▲
Other amounts payable47/48€9k€9k▼
Income statement
Code20222023
Remuneration, social security and pensions62€912k€807k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€48k▲
Other operating charges640/8€15k€15k▲
Non-recurring operating charges66A€141-
Gross operating margin9900€985k€821k▼
Operating profit (loss)9901€14k€-49k▼
Financial income75/76B€4k€2k▼
Recurring financial income75€4k€2k▼
Financial charges65/66B€11k€12k▲
Recurring financial charges65€11k€12k▲
Profit (loss) for the period before taxes9903€7k€-59k▼
Income taxes67/77€27k€123▼
Profit (loss) for the period9904€-20k€-59k▼
Profit (loss) for the period to be appropriated9905€-20k€-59k▼
Appropriation of the result
Profit (loss) to be appropriated9906€219k€160k▼
Profit (loss) brought forward from the previous period14P€239k€219k▼
Social balance
Average headcount (FTE)908714.916.6▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-03
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · PIERRE BAECK NV INDUS- TRIEWEG 19, 3190 BOORTMEERBEEK · event 20-02-2025
2024
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 6 days late
2023
31-12
Financial
Weakest financial yearnet €-59k
Net result drops to €-59k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 5 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 24 days late
2019
31-12
Financial
Highest result since 2018net €131k ▲116%
Operating result €212k, net result €131k, both a record.
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 1 day late
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
12-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 12 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Boortmeerbeek · 1 establishment unit since 2002
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.
Industrieweg 193190 BoortmeerbeekGround area
7,345 m²
Parcel 24014C0080/00F000, Flanders. Linked by address, not a title deed.
1 establishment unit
Industrieweg 19, 3190 Boortmeerbeek
since 20022.078.932.704
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24014C0080/00F000 | Flanders | 7,345 m² | - | - |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JOHAN MOMMAERTS ST. MAARTENSTRAAT 53,
3000 LEUVEN |
20-02-2025 → present |
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 310 EUR awarded · 310 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 310 EUR | 310 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 4,953 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-10-1996
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
60242
49410Freight transport by road
52100Warehousing and storage
Sources
Crossroads Bank for EnterprisesNational Bank · 27 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.