PIETER AERTS
ActivePIETER AERTS has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €710k and a net result of €-237k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 52% of 2283 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-92
Solvency72▼-10
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days only on tighter terms
Liquidity tight (current ratio 1.07 against 1.8 in 2023; short-term debt: 53% and cash: 34.1% of total assets), and 53% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
47%
Return on assets
-15.7%
Age of the figures
21 mo
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 31-03-2026, 243 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
243 d late
2023
89 d late
2022
122 d late
2021
53 d early
2020
18 d early
2019
61 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€710k▼ 25.0%
2023 · €947k
2018: €-50k
2019: €150k
2020: €100k
2021: €96k
2022: €636k
2023: €947k
2018 → 2024
Total assets
€1.51M▼ 9.8%
2023 · €1.68M
2018: €96k
2019: €223k
2020: €139k
2021: €135k
2022: €1.98M
2023: €1.68M
2018 → 2024
Net result
€-237k
2023 · €311k
2018: €-80k
2019: €201k
2020: €-51k
2021: €-4k
2022: €1.72M
2023: €311k
2018 → 2024
Working capital
€59k▼ 89.9%
2023 · €582k
2018: €-81k
2019: €106k
2020: €56k
2021: €58k
2022: €605k
2023: €582k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€100k-€96k▼ 4.0%€636k▲ 566%€947k▲ 48.9%€710k▼ 25.0%
Operating result€-51k-€-4k▲ 92.1%€1.87M€426k▼ 77.3%€-242k
Net result€-51k-€-4k▲ 92.1%€1.72M€311k▼ 81.9%€-237k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €242k after €426k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.51M
Fixed assets
€652k▲ 78.2%
Current assets
€859k▼ 34.4%
Equity and liabilities €1.51M
Equity
€710k▼ 25.0%
Debt
€801k▲ 9.9%
The debt ratio rises from 43.5% to 53.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-236k▼
2023 · €431k
Cash flow
€-231k▼
2023 · €316k
Solvency
47.0%▼
2023 · 56.5%
Current ratio
1.07▼
2023 · 1.80
Quick ratio
1.07▼
2023 · 1.80
Debt / equity
1.13▲
2023 · 0.77
ROE
-33.4%▼
2023 · 32.8%
ROA
-15.7%▼
2023 · 18.6%
Interest coverage
-16.79▼
2023 · 34.67
Debt
€801k▲
2023 · €729k
Debt ≤ 1 year
€801k▲
2023 · €728k
Income taxes
€0▼
2023 · €113k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.68M€1.51M▼
Fixed assets21/28€366k€652k▲
Intangible fixed assets21€0-
Tangible fixed assets22/27€6k€81k▲
Furniture and vehicles24€6k€81k▲
Financial fixed assets28€360k€570k▲
Current assets29/58€1.31M€859k▼
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Amounts receivable within one year40/41€301k€305k▲
Trade receivables40€156€0▼
Other amounts receivable41€301k€305k▲
Current investments50/53-€38k
Cash at bank and in hand54/58€1.01M€515k▼
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€1.68M€1.51M▼
Equity10/15€947k€710k▼
Contributions10/11€30k€30k=
Reserves13€66k€66k=
Distributable reserves133€66k€66k=
Profit (loss) carried forward14€852k€615k▼
Amounts payable17/49€729k€801k▲
Amounts payable within one year42/48€728k€801k▲
Trade debts44€10k€3k▼
Suppliers440/4€10k€3k▼
Taxes, remuneration and social security45€113k€111k▼
Taxes450/3€113k€111k▼
Other amounts payable47/48€606k€687k▲
Accrued charges and deferred income492/3€244€191▼
Income statement
Code20232024
Non-recurring operating income76A-€10k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€6k▲
Other operating charges640/8€0€2k▲
Gross operating margin9900€431k€-234k▼
Operating profit (loss)9901€426k€-242k▼
Financial income75/76B€11k€19k▲
Recurring financial income75€11k€19k▲
Financial charges65/66B€12k€14k▲
Recurring financial charges65€12k€14k▲
Profit (loss) for the period before taxes9903€424k€-237k▼
Income taxes67/77€113k€0▼
Profit (loss) for the period9904€311k€-237k▼
Profit (loss) for the period to be appropriated9905€311k€-237k▼
Appropriation of the result
Profit (loss) to be appropriated9906€852k€615k▼
Profit (loss) brought forward from the previous period14P€541k€852k▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 243 days late
2024
31-12
Financial
Weakest financial yearnet €-237k ▼176%
Net result drops to €-237k, the lowest in the series.
28-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 89 days late
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 122 days late
2022
31-12
Financial
Back to profitnet €1.72M
Net result €1.72M after 2 loss-making years.
31-12
Financial
Equity above €500kEq €636k ▲566%
Equity rises from €96k to €636k.
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-12
Financial
Back to profitnet €201k
Net result €201k after one loss-making year.
31-12
Financial
Liquidity times 6current ratio 2.46
Current ratio from 0.44 to 2.46; short-term debt falls from €145k to €72k.
31-12
Financial
Equity above €150kEq €150k
Equity rises from €-50k to €150k.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
Financial 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, Wijnegem · 1 establishment unit since 2017
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.
Stokerijstraat 29D2110 WijnegemGround area
2.1 ha
Building footprint
1,967 m²
Volume, LiDAR
30,804 m³
2 parcels, Flanders · tallest building 24.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
PIETER AERTS
since 20172.268.999.254
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11050B0295/00W003 | Flanders | 2.0 ha | 1 · 1,732 m² | 24.0 m · 5 fl. |
| 11922C0099/00T000 | Flanders | 1,320 m² | 1 · 236 m² | 6.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
ANDRE DUMOULIN
BE 0474.357.318
Waremme · Eq €710k
Inspirator2
BE 0679.886.559
Maaseik · Eq €709k
Vlasblomme
BE 0677.893.804
Waregem · Eq €709k
Olivier Christiaens
BE 0685.798.215
Damme · Eq €712k
PHOENIX ENGINEERING & MANAGEMENT
BE 0890.550.367
Namur · Eq €708k
Of 24,503 companies in sector 82990 we hold annual accounts for 9,402. 5,238 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-07-2017
Fiscal year end31-12
Abbreviation NL
PA
Activities, NACEBEL
82990Other business support services
62900Other information technology and computer services
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 7 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.