PIERREGLAS

Active

Private limited companyfounded 1999active for 27 yearsHellestraat 30, 1800 Vilvoorde, BelgiumKBO/BCE: BE 0465.285.640

Summary

PIERREGLAS has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €139,064 and a net result of -€11,173. Equity is shrinking by about 11% per year across the filed financial years. Its solvency ranks better than 30% of 330 sector peers (NACE 23, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow Report Compare

PIERREGLASActiveChecked score 87/100

Risk analysis Report Compare

Activity

Manufacture of other non-metallic mineral products

NACE 23130Manufacture of other non-metallic mineral products NACE 23150

1 site

Size

€517,822total assets 2025

Staff: 2 FTE
Equity: €139,064
Loss: -€11,173

Turnover not published (abbreviated format)

Financial health

87 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.2%

Structure

Accounts filed 17 days late0 of 3 deeds read

Why 87raises riskLoss of €11,173 (financial year 2025)Size: 2 FTE, total assets €517,822lowers riskLiquidity: current ratio 1.56, cash €121,096Sector: Manufacture of other non-metallic mineral products (NACE 23)Show the evidence

Checked score

Score 2025

87 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 29% of its sector peers (NACE 23, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 52-4

equity 26.9% of total assets

Liquidity 52+14

short-term debt 52.9% · cash 23.4%

Profitability 27-14

return on assets -2.2%

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (857 companies, NACE 23, micro)

Last 24 months 11-2024: 0.2%lowest value 12-2024: 0.2%● unchanged vs 11-2024lowest value 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025lowest value 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.2 percentage points vs 07-2025 09-2025: 0.2%▼ -0.2 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.3%▲ +0.1 percentage points vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026highest value 09-2026: 0.2%▼ -0.3 percentage points vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026

Credit of up to €12,000 on 30-day terms is acceptable

Liquidity ample (current ratio 1.56, compared with 1.56 in 2024, above the usual 1.5; short-term debt: 52.9% and cash: 23.4% of total assets), but 73.1% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 23, micro): better than 28% on solvency, 51% on liquidity, 16% on profitability and 22% on growth.

The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Liquidity: current ratio 1.56, cash €121,096

NBB · annual accounts

Sector: Manufacture of other non-metallic mineral products (NACE 23)

KBO

Loss of €11,173 (financial year 2025)

NBB · annual accounts

Size: 2 FTE, total assets €517,822

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

17 days late

2024

19 days late

2023

22 days late

2022

17 days early

2021

12 days late

2020

37 days early

2019

39 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 8 days after the deadline; the sector median (NACE 23) for financial year 2024 is 10 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 August (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

24-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

17-08-2026 Annual accounts filedfinancial year 2025 · abbreviated…
19-08-2025 Annual accounts filedfinancial year 2024 · abbreviated…
22-08-2024 Annual accounts filedfinancial year 2023 · abbreviated…

Key points

Caution: Among the weakest 20% on net resultsector median €23,069 · 330 companies -€11,173 View
Active since 1999founded 19-01-1999 27 years View
Total assets 20256 financial years filed €517,822 View

By topic

Financials

Financial year: 2025
Total assets: €517,822
Loss: -€11,173
Solvency: 26.9%

Total assets▲ 6.2%

Net result

20182025

Go to Financials

Timeline

Events: 30
Since: 2000
Next accounts: by 31-07-2027

31-12-2023Back to profit
14-07-2023Annual accounts filed
31-12-2022Weakest financial year

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Manufacture of other non-metallic mineral productsNACE 23130
Founded: 19-01-1999
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about PIERREGLAS

What is the company number of PIERREGLAS?: 0465.285.640. In Belgium the VAT number is the company number with BE in front: BE 0465.285.640.
Where is PIERREGLAS based?: The registered office is at Hellestraat 30, 1800 Vilvoorde.Company details
What does PIERREGLAS do?: According to the KBO register, the main activity is manufacture of other non-metallic mineral products (NACE 23130).
What is the legal form of PIERREGLAS?: Private limited company (BV).
When was PIERREGLAS founded?: On 19-01-1999.
Is PIERREGLAS still active?: Yes, PIERREGLAS is an active enterprise in the KBO register.
How many employees does PIERREGLAS have?: On average 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of PIERREGLAS?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is PIERREGLAS profitable?: In financial year 2025, PIERREGLAS made a loss of €11,173.
Where can I find the annual accounts of PIERREGLAS?: PIERREGLAS filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PIERREGLAS due?: By 31-07-2027, for financial year 2026.Timeline