PIERRE DUFEY
ActivePIERRE DUFEY has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €180k and a net result of €82k. Equity is shrinking by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 51% of 7017 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency80▼-13
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 2.43 against 2.72 in 2024; short-term debt: 31.7% and cash: 67.9% of total assets), and 44.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
55.2%
Return on assets
25.3%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €180k
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
10 d late
2024
7 d early
2023
on the day
2022
on the day
2021
57 d late
2020
90 d late
2019
114 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€158k
EBIT margin
12.4%
Net result
€82k▼ 26.2%
2024 · €112k
2018: €60k
2019: €-45k
2020: €50k
2021: €11k
2022: €-17k
2023: €-16k
2024: €112k
2018 → 2025
Working capital
€148k▲ 24.7%
2024 · €118k
2018: €202k
2019: €131k
2020: €148k
2021: €162k
2022: €144k
2023: €60k
2024: €118k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€158k-
Equity€199k-€182k▼ 8.3%€96k▼ 47.3%€148k▲ 53.7%€180k▲ 21.9%
Operating result€20k-€-17k€-15k▲ 8.8%€151k€126k▼ 16.0%
Net result€11k-€-17k€-16k▲ 1.6%€112k€82k▼ 26.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 16% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €326k
Fixed assets
€75k▲ 156%
Current assets
€251k▲ 34.2%
Equity and liabilities €326k
Equity
€180k▲ 21.9%
Debt
€146k▲ 113%
The debt ratio rises from 31.8% to 44.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€141k▼
2024 · €164k
Cash flow
€97k▼
2024 · €125k
Solvency
55.2%▼
2024 · 68.2%
Current ratio
2.43▼
2024 · 2.72
Quick ratio
2.43▼
2024 · 2.72
Debt / equity
0.81▲
2024 · 0.47
ROE
45.8%▼
2024 · 75.6%
ROA
25.3%▼
2024 · 51.6%
Interest coverage
92.79▼
2024 · 695.91
Debt
€146k▲
2024 · €69k
Debt ≤ 1 year
€103k▲
2024 · €69k
Debt > 1 year
€43k
Income taxes
€43k▲
2024 · €39k
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€216k€326k▲
Fixed assets21/28€29k€75k▲
Tangible fixed assets22/27€29k€75k▲
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€11k€61k▲
Other tangible fixed assets26€14k€11k▼
Current assets29/58€187k€251k▲
Amounts receivable within one year40/41€63k€30k▼
Trade receivables40€36k€30k▼
Other amounts receivable41€27k-
Cash at bank and in hand54/58€122k€221k▲
Deferred charges and accrued income490/1€2k€67▼
Equity and liabilities
Total equity and liabilities10/49€216k€326k▲
Equity10/15€148k€180k▲
Contributions10/11€6k€6k=
Reserves13€141k€174k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€140k€172k▲
Amounts payable17/49€69k€146k▲
Amounts payable after more than one year17-€43k
Financial debts170/4-€43k
Amounts payable within one year42/48€69k€103k▲
Current portion of amounts payable after more than one year42-€11k
Trade debts44-€2k
Suppliers440/4-€2k
Taxes, remuneration and social security45€49k€31k▼
Taxes450/3€49k€31k▼
Other amounts payable47/48€19k€58k▲
Income statement
Code20242025
Non-recurring operating income76A-€23k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k▲
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A-€5k
Gross operating margin9900€166k€148k▼
Operating profit (loss)9901€151k€126k▼
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€236€2k▲
Recurring financial charges65€236€2k▲
Profit (loss) for the period before taxes9903€150k€125k▼
Income taxes67/77€39k€43k▲
Profit (loss) for the period9904€112k€82k▼
Profit (loss) for the period to be appropriated9905€112k€82k▼
Appropriation of the result
Profit (loss) to be appropriated9906€79k€82k▲
Profit (loss) brought forward from the previous period14P€-33k-
Transfer from equity791/2€60k€50k▼
Transfer to equity691/2€79k€82k▲
To other reserves6921€79k€82k▲
Profit to be distributed694/7€60k€50k▼
Return on contributions (dividend)694€60k€50k▼
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
Next filing, fiscal year 2026, expected by
2026
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
2025
31-12
Financial
Equity above €150kEq €180k ▲21.9%
2 profitable years in a row build equity to €180k.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €112k
Net result €112k after 2 loss-making years.
31-12
Financial
Equity above €100kEq €148k ▲53.7%
Equity rises from €96k to €148k.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 57 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 90 days late
2020
31-12
Financial
Back to profitnet €50k
Net result €50k after one loss-making year.
22-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 114 days late
2019
31-12
Financial
Weakest financial yearnet €-45k ▼174%
Net result drops to €-45k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 13.85
Current ratio from 4.25 to 13.85; short-term debt falls from €62k to €10k.
28-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 89 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 59 days late
2017
02-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 63 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Waterloo · 1 establishment unit since 2001
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.
Rue de la Paix 161410 WaterlooGround area
2,829 m²
Building footprint
119 m²
Volume, LiDAR
1,136 m³
Parcel 25764O0043/00B000, Wallonia · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue de la Paix 16, 1410 Waterloo
since 20012.051.054.607
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25764O0043/00B000 | Wallonia | 2,829 m² | 1 · 119 m² | 11.9 m · 3 fl. |
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 2,715 companies in sector 73200 we hold annual accounts for 1,785. 1,362 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-12-1990
Fiscal year end31-12
Activities, NACEBEL
73200Market research and public opinion polling
74131
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.