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PIERROT

Active
Non-profit associationfounded 200125 yrs activePlaatsstraat 14, 1570 Pajottegem, BelgiumKBO/BCE: BE 0475.845.079
Summary

PIERROT has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.7m and a net result of €250,965. Equity is shrinking by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 43% of 622 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

What they do
Day nurseries and crèches
NACE 88911Education NACE 85321
#3 company by staff growth in Flemish Brabant, Social work without accommodation sector8 sites
How big
€3.1mtotal assets 2024
Staff
60.2 FTE
Equity
€1.7m
Profit
€250,965
Turnover not published (abridged schema)
Financially healthy?
56 Fair Checked score 2024
Bankruptcy chance 12 m
0.1%
Who decides
Accounts 63 d overdue0 of 6 deeds read
Why 56Capped at 59: a confirmed filing finding- Liquidity: current ratio 0.67, cash €22,258- Figures for FY 2024 (filed 17-12-2025)- Latest accounts 139 days late; 2 of the last 3 late+ Legal form Non-profit associationShow the evidence

Checked score

Score 2024
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 54% of its sector peers (NACE 88, medium-sized)
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 80+14
equity 55.0% of total assets
Liquidity 41+8
short-term debt 26.4% · cash 0.7%
Profitability 79+11
return on assets 8.0%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (218 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.1%▼ -57.3% vs 11-2024 01-2025: 0.1%▲ +2.1% vs 12-2024 02-2025: 0.1%● 0.0% vs 01-2025 03-2025: 0.1%▲ +18.8% vs 02-2025 04-2025: 0.1%▼ -2.6% vs 03-2025 05-2025: 0.1%▲ +3.6% vs 04-2025 06-2025: 0.1%▲ +5.2% vs 05-2025 07-2025: 0.1%▲ +7.4% vs 06-2025 08-2025: 0.2%▲ +43.1% vs 07-2025 09-2025: 0.2%▲ +18.8% vs 08-2025 10-2025: 0.3%▲ +43.9% vs 09-2025 11-2025: 0.3%▲ +2.8% vs 10-2025 12-2025: 0.4%▲ +19.6% vs 11-2025highest value 01-2026: 0.1%▼ -87.2% vs 12-2025lowest value 02-2026: 0.1%● 0.0% vs 01-2026lowest value 03-2026: 0.1%● 0.0% vs 02-2026lowest value 04-2026: 0.1%● 0.0% vs 03-2026lowest value 05-2026: 0.1%● 0.0% vs 04-2026lowest value 06-2026: 0.1%▲ +2.0% vs 05-2026 07-2026: 0.1%▲ +2.0% vs 06-2026 08-2026: 0.1%▲ +42.3% vs 07-2026 09-2026: 0.1%▲ +14.9% vs 08-2026 10-2026: 0.1%▲ +34.1% vs 09-2026
  • Legal form Non-profit association lowers the probability
  • Liquidity: current ratio 0.67, cash €22,258 raises the probability
  • Figures for FY 2024 (filed 17-12-2025) raises the probability
  • Latest accounts 139 days late; 2 of the last 3 late raises the probability
Credit up to €95,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.67 against 0.55 in 2023; short-term debt: 26.4% and cash: 0.7% of total assets), and 45% 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 88, medium-sized). Better than this share of them on solvency 48%, liquidity 11%, profitability 67%, growth against the median 92%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. 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

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Legal form Non-profit association
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Liquidity: current ratio 0.67, cash €22,258
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 17-12-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Latest accounts 139 days late; 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €1.7m
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 17-12-2025, 139 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 filings
Deviation from the deadline
2025
not confirmed
2024
139 d late
2023
110 d late
2022
161 d early
2021
130 d early
2020
121 d early
2019
112 d early
← 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 46 days before the deadline; the sector median for financial year 2024 is 24 days before the deadline, and 25% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · abbreviated…
  2. Back to profitnet €250,965
  3. Annual accounts filedfiscal year 2023 · abbreviated…

Key points

  • Positive: Back in profit in 2024after -€19,885 in 2023 €250,965 View
  • Positive: Company by staff growth in Flemish Brabant, Social…in the Checked rankings #3 View
  • Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
  • Flemish supportawarded 2022 - 2025 €12.0m View

By topic

Financials

Fiscal year
2024
Total assets
€3.1m
Profit
€250,965
Solvency
55.0%
Turnover▲ 1.4%
Net result
20182022
Go to Financials

Timeline

Events
13
Since
2016
  1. 17-12-2025Annual accounts filed
  2. 31-12-2024Back to profit
  3. 18-11-2024Annual accounts filed
Go to Timeline

Company details

Sites
8
Legal form
Non-profit association
Activity
Day nurseries and crèchesNACE 88911
Founded
15-08-2001
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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