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PIESSENS HOLDING

Active
Public limited companyfounded 200323 yrs activeBegijnenstraat 43, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0480.046.565

PIESSENS HOLDING has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.46M and a net result of €864. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 95% of 8657 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
76 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability45▼-25
Solvency100=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 14.13 against 8.57 in 2024; short-term debt: 1.8% and cash: 0% of total assets), and 1.9% 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 riskneutral
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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
98.1%
Return on assets
0.1%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 23 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 24-04-2026, 6 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
6 d early
2024
2 d early
2023
1 d early
2022
5 d early
2021
1 d early
2020
1 d early
2019
1 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
21-09-2026 today30-09-2026 close30-04-2027 deadline
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

Financials · fiscal year 2025, abbreviated schema

Equity
€1.46M▲ 0.1%
2024 · €1.46M
2018: €1.51M 2019: €1.50M 2020: €1.48M 2021: €1.45M 2022: €1.45M 2023: €1.44M 2024: €1.46M
2018 → 2025
Total assets
€1.49M▼ 1.2%
2024 · €1.50M
2018: €1.69M 2019: €1.74M 2020: €1.63M 2021: €1.58M 2022: €1.54M 2023: €1.50M 2024: €1.50M
2018 → 2025
Net result
€864▼ 94.9%
2024 · €17k
2018: €3k 2019: €-15k 2020: €-21k 2021: €-23k 2022: €-5k 2023: €-9k 2024: €17k
2018 → 2025
Working capital
€361k▲ 1.4%
2024 · €356k
2018: €413k 2019: €395k 2020: €376k 2021: €354k 2022: €349k 2023: €334k 2024: €356k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€1.45M-€1.45M▼ 0.3%€1.44M▼ 0.6%€1.46M▲ 1.2%€1.46M▲ 0.1%
Operating result€-21k-€-3k▲ 85.6%€-7k▼ 125%€21k€4k▼ 79.0%
Net result€-23k-€-5k▲ 80.3%€-9k▼ 90.6%€17k€864▼ 94.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20kOperating result 2021: €-21k€-21kNet result 2021: €-23k€-23kOperating result 2022: €-3k€-3kNet result 2022: €-5k€-5kOperating result 2023: €-7k€-7kNet result 2023: €-9k€-9kOperating result 2024: €21k€21kNet result 2024: €17k€17kOperating result 2025: €4k€4kNet result 2025: €864€86420212022202320242025
The operating result falls in 2025; 2025 is 79% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.49M
Fixed assets €1.10M▼ 0.4%
Current assets €388k▼ 3.6%
Equity and liabilities €1.49M
Equity €1.46M▲ 0.1%
Debt €28k▼ 40.9%
The debt ratio falls from 3.2% to 1.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€8k
2024 · €26k
Cash flow
€5k
2024 · €21k
Solvency
98.1%
2024 · 96.8%
Current ratio
14.13
2024 · 8.57
Quick ratio
14.13
2024 · 8.57
Debt / equity
0.02
2024 · 0.03
ROE
0.1%
2024 · 1.2%
ROA
0.1%
2024 · 1.1%
Interest coverage
3.17
2024 · 16.60
Debt
€28k
2024 · €48k
Debt ≤ 1 year
€27k
2024 · €47k
Income taxes
€939
2024 · €3k
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€1.50M€1.49M
Fixed assets21/28€1.10M€1.10M
Tangible fixed assets22/27€11k€8k
Plant, machinery and equipment23€305€57
Furniture and vehicles24€11k€7k
Financial fixed assets28€1.09M€1.09M=
Current assets29/58€403k€388k
Amounts receivable within one year40/41€395k€384k
Trade receivables40€11k€19k
Other amounts receivable41€384k€364k
Cash at bank and in hand54/58€4k€705
Deferred charges and accrued income490/1€4k€4k
Equity and liabilities
Total equity and liabilities10/49€1.50M€1.49M
Equity10/15€1.46M€1.46M
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.39M€1.39M=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€1.39M€1.39M=
Profit (loss) carried forward14€177€1k
Amounts payable17/49€48k€28k
Amounts payable within one year42/48€47k€27k
Current portion of amounts payable after more than one year42€8k€3k
Trade debts44€1k€2k
Suppliers440/4€1k€2k
Taxes, remuneration and social security45€6k€7k
Taxes450/3€6k€7k
Other amounts payable47/48€31k€15k
Accrued charges and deferred income492/3€724€747
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k
Other operating charges640/8€3k€3k
Gross operating margin9900€28k€11k
Operating profit (loss)9901€21k€4k
Financial income75/76B€0€1
Recurring financial income75€0€1
Financial charges65/66B€2k€3k
Recurring financial charges65€2k€3k
Profit (loss) for the period before taxes9903€20k€2k
Income taxes67/77€3k€939
Profit (loss) for the period9904€17k€864
Profit (loss) for the period to be appropriated9905€17k€864
Appropriation of the result
Profit (loss) to be appropriated9906€17k€1k
Profit (loss) brought forward from the previous period14P€139€177
Transfer from equity791/2€0-
Transfer to equity691/2€17k€0
To other reserves6921€17k€0

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
24-04
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-04
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial Back to profitnet €17k
Net result €17k after 5 loss-making years.
29-04
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
25-04
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-04
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial Weakest financial yearnet €-23k
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
29-04
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-04
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-04
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-04
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-03
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, Sint-Niklaas · 1 establishment unit since 2003
establishment The establishment unit on the map
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.

Begijnenstraat 439100 Sint-Niklaas
Ground area
1,317 m²
Building footprint
418 m²
Volume, LiDAR
2,752 m³
Parcel 46447B0364/00K000, Flanders · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PIESSENS HOLDING N.V.
Begijnenstraat 43, 9100 Sint-NiklaasNACE 74142
since 20032.345.111.194
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46447B0364/00K000 Flanders 1,317 m² 1 · 418 m² 9.7 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.

Similar companies · same sector, comparable size

Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 23,663 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded16-04-2003
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
73110Advertising agencies
74401
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.