PIETER LAFAUT
ActivePIETER LAFAUT has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €562k and a net result of €14k. Equity is growing by ~41.7% per year across the filed fiscal years. Its solvency ranks better than 71% of 7321 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
83
/ 100
Excellent▼ -10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability13▼-66
Solvency99▼-1
Growth78=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 2.55 against 3.68 in 2024), and 36.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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 2025Solvency, return and age of the figures
Solvency
63.5%
Return on assets
1.6%
Age of the figures
11 mo
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
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 04-05-2026, 4 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
4 d late
2024
19 d early
2023
4 d early
2022
9 d early
2021
2 d late
2020
10 d early
2019
23 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 monthsPosition in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€562k▼ 4.1%
2024 · €586k
2018: €50k
2019: €106k
2020: €144k
2021: €201k
2022: €285k
2023: €551k
2024: €586k
2018 → 2025
Total assets
€886k▲ 9.0%
2024 · €812k
2018: €215k
2019: €255k
2020: €318k
2021: €520k
2022: €547k
2023: €879k
2024: €812k
2018 → 2025
Net result
€14k▼ 84.7%
2024 · €92k
2018: €6k
2019: €56k
2020: €38k
2021: €73k
2022: €97k
2023: €266k
2024: €92k
2018 → 2025
Working capital
€501k▼ 2.6%
2024 · €514k
2018: €50k
2019: €123k
2020: €218k
2021: €256k
2022: €281k
2023: €462k
2024: €514k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€201k-€285k▲ 41.9%€551k▲ 93.3%€586k▲ 6.5%€562k▼ 4.1%
Operating result€94k-€138k▲ 47.1%€393k▲ 185%€129k▼ 67.1%€25k▼ 80.5%
Net result€73k-€97k▲ 32.7%€266k▲ 174%€92k▼ 65.3%€14k▼ 84.7%
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 has fallen two years in a row; 2025 is 80% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €886k
Fixed assets
€61k▼ 42.3%
Current assets
€825k▲ 16.7%
Equity and liabilities €886k
Equity
€562k▼ 4.1%
Debt
€324k▲ 43.2%
The debt ratio rises from 27.8% to 36.5%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€70k▼
2024 · €174k
Cash flow
€59k▼
2024 · €136k
Solvency
63.5%▼
2024 · 72.2%
Current ratio
2.55▼
2024 · 3.68
Quick ratio
1.25▼
2024 · 2.56
Debt / equity
0.58▲
2024 · 0.39
ROE
2.5%▼
2024 · 15.7%
ROA
1.6%▼
2024 · 11.3%
Interest coverage
13.38▼
2024 · 85.28
Debt
€324k▲
2024 · €226k
Debt ≤ 1 year
€324k▲
2024 · €192k
Debt > 1 year
€0▼
2024 · €22k
Income taxes
€7k▼
2024 · €39k
Staff costs
€61k▲
2024 · €44k
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€812k€886k▲
Fixed assets21/28€106k€61k▼
Tangible fixed assets22/27€106k€61k▼
Plant, machinery and equipment23€14k€9k▼
Furniture and vehicles24€91k€51k▼
Current assets29/58€707k€825k▲
Stocks and contracts in progress3€214k€420k▲
Stocks30/36€52k€86k▲
Contracts in progress37€162k€334k▲
Amounts receivable within one year40/41€360k€288k▼
Trade receivables40€285k€208k▼
Other amounts receivable41€74k€79k▲
Cash at bank and in hand54/58€132k€114k▼
Deferred charges and accrued income490/1€910€3k▲
Equity and liabilities
Total equity and liabilities10/49€812k€886k▲
Equity10/15€586k€562k▼
Contributions10/11€12k€12k=
Reserves13€574k€550k▼
Distributable reserves133€574k€550k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€226k€324k▲
Amounts payable after more than one year17€22k€0▼
Financial debts170/4€22k€0▼
Amounts payable within one year42/48€192k€324k▲
Current portion of amounts payable after more than one year42€24k€22k▼
Trade debts44€20k€103k▲
Suppliers440/4€20k€103k▲
Taxes, remuneration and social security45€5k€6k▲
Taxes450/3€3k€378▼
Remuneration and social security454/9€2k€6k▲
Other amounts payable47/48€143k€192k▲
Accrued charges and deferred income492/3€12k€0▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€44k€61k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€45k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€220k€133k▼
Operating profit (loss)9901€129k€25k▼
Financial income75/76B€4k€780▼
Recurring financial income75€4k€780▼
Financial charges65/66B€2k€5k▲
Recurring financial charges65€2k€5k▲
Profit (loss) for the period before taxes9903€131k€21k▼
Income taxes67/77€39k€7k▼
Profit (loss) for the period9904€92k€14k▼
Profit (loss) for the period to be appropriated9905€92k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€92k€14k▼
Transfer from equity791/2€56k€38k▼
Transfer to equity691/2€92k€14k▼
To other reserves6921€92k€14k▼
Profit to be distributed694/7€56k€38k▼
Return on contributions (dividend)694€56k€38k▼
Social balance
Average headcount (FTE)90871.0-
The notes to these accounts (6 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
04-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 4 days late
2025
11-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Highest result since 2018net €266k ▲174%
Operating result €393k, net result €266k, both a record.
30-09
Financial
Equity above €500kEq €551k ▲93.3%
6 profitable years in a row build equity to €551k.
21-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
30-09
Financial
Equity above €200kEq €201k ▲39.3%
4 profitable years in a row build equity to €201k.
20-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
07-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Equity above €100kEq €106k ▲114%
2 profitable years in a row build equity to €106k.
23-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-04
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
4 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, Pittem · 1 establishment unit since 2012
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.
Hurselhoek 118740 PittemGround area
1.6 ha
Parcel 37011A1561/00A000, Flanders. Linked by address, not a title deed.
1 establishment unit
Hurselhoek 11, 8740 Pittem
since 20122.213.498.032
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37011A1561/00A000 | Flanders | 1.6 ha | - | - |
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.
Recognitions · licences · registrations
Recognised contractor
5 categoriesPIETER LAFAUT BV41486
Similar companies · same sector, comparable size
ALGEMENE DAK-& RENOVATIEWERKEN SCHIETTECATTE
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ETABLISSEMENTS LOUIS FICHELLE ET FILS
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Rumes · Eq €562k
MOPRO
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MVEST
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Of 29,535 companies in sector 41001 we hold annual accounts for 15,872. 8,682 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-10-2012
Fiscal year end30-09
Activities, NACEBEL
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
43120Site preparation
43910Bricklaying and masonry work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.