PIETERS PODOLOGIE
ActiveSummary
The computed 12-month bankruptcy probability of PIETERS PODOLOGIE is 3.1% (moderate). The 2024 annual accounts show equity of €18k and a net result of €10k. Equity is growing by ~88.5% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
78
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+10
Solvency75▲+25
Growth78=
Track record94
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 3.73 against 1.33 in 2023; short-term debt: 16.7% and cash: 56.5% of total assets), and 49.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
50.4%
Return on assets
26.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
8 d early
2022
39 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€18k▲ 108%
2023 · €9k
2022: €3k
2023: €9k
2022 → 2024
Total assets
€36k▲ 2.4%
2023 · €36k
2022: €35k
2023: €36k
2022 → 2024
Net result
€10k▲ 55.9%
2023 · €6k
2022: €222
2023: €6k
2022 → 2024
Working capital
€17k▲ 333%
2023 · €4k
2022: €-2k
2023: €4k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€3k-€9k▲ 224%€18k▲ 108%
Operating result€1k-€9k▲ 720%€13k▲ 48.7%
Net result€222-€6k▲ 2,653%€10k▲ 55.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 49% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €36k
Fixed assets
€14k ▼ 31.8%
Current assets
€23k ▲ 47.2%
Equity and liabilities €36k
Equity
€18k ▲ 108%
Debt
€18k ▼ 32.4%
Debt's share of the balance-sheet total falls from 75.2% to 49.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€21k▲
2023 · €16k
Cash flow
€17k▲
2023 · €14k
Current ratio
3.73▲
2023 · 1.33
Debt to equity
0.99▼
2023 · 3.03
ROE
51.9%▼
2023 · 69.2%
ROA
26.1%▲
2023 · 17.2%
Interest coverage
38.03▲
2023 · 20.57
Debt ≤ 1 year
€6k▼
2023 · €12k
Debt > 1 year
€12k▼
2023 · €15k
Income taxes
€3k▲
2023 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€36k€36k▲
Fixed assets21/28€20k€14k▼
Tangible fixed assets22/27€20k€14k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€17k€12k▼
Current assets29/58€15k€23k▲
Amounts receivable within one year40/41€769€2k▲
Other amounts receivable41€769€2k▲
Cash at bank and in hand54/58€14k€21k▲
Deferred charges and accrued income490/1€154€411▲
Equity and liabilities
Total equity and liabilities10/49€36k€36k▲
Equity10/15€9k€18k▲
Contributions10/11€3k€3k=
Reserves13€6k€16k▲
Distributable reserves133€6k€16k▲
Amounts payable17/49€27k€18k▼
Amounts payable after more than one year17€15k€12k▼
Other amounts payable178/9€15k€12k▼
Amounts payable within one year42/48€12k€6k▼
Trade debts44-€2k
Suppliers440/4-€2k
Taxes, remuneration and social security45€3k€3k▲
Taxes450/3€3k€3k▲
Other amounts payable47/48€8k€982▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€8k▲
Other operating charges640/8€664€1k▲
Gross operating margin9900€17k€22k▲
Operating profit (loss)9901€9k€13k▲
Financial income75/76B€142€26▼
Recurring financial income75€142€26▼
Financial charges65/66B€801€558▼
Recurring financial charges65€801€558▼
Profit (loss) for the period before taxes9903€8k€13k▲
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€6k€10k▲
Profit (loss) for the period to be appropriated9905€6k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€10k▲
Transfer to equity691/2€6k€10k▲
To other reserves6921€6k€10k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €10k ▲55.9%
Operating result €13k, net result €10k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 3.73
Current ratio from 1.33 to 3.73; short-term debt falls from €12k to €6k.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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-Gillis-Waas · 1 establishment unit since 2022
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.
Reepstraat(KEM) 109170 Sint-Gillis-WaasGround area
1,311 m²
Building footprint
389 m²
Volume, LiDAR
1,891 m³
2 parcels, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PIETERS PODOLOGIE
since 20222.327.728.103
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46020C0211/00A000 | Flanders | 871 m² | 1 · 186 m² | 8.8 m · 2 fl. |
| 46020C1094/00W000 | Flanders | 440 m² | 1 · 203 m² | 10.4 m · 1 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.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-01-2022
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.