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PIETTE LOGISTICS

Active
Private limited companyfounded 2023active for 3 yearsAssesteenweg 116A, 1740 Ternat, Belgium140 active companies are registered at this addressKBO/BCE: BE 0799.468.951

From the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of PIETTE LOGISTICS is 4.9% (elevated). The 2024 annual accounts show equity of €28,806 and a net result of €6,960. Its solvency ranks better than 42% of 6,612 sector peers (NACE 49, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 13-03-2023 Normal situation
Legal form
Private limited company
Registered office
Assesteenweg 116A, 1740 Ternat
Activity
Freight transport by road NACE 49410and 1 other
Establishment units
2.345.070.020 6470 Sivry-Rance, since 01-06-2023
2.383.787.173 6500 Beaumont, since 01-01-2026
Financial year end
31 December
Peppol
Reachable since 21-11-2025

Financial position

38 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
4.9%
Annual accounts 2024
Gross margin
€7,534
▼ 65.7%
Turnover
≈ €64,000
estimated
Profit
€6,960
▼ 68.1%
Equity
€28,806
▲ 31.9%
Total assets
€95,406
▲ 39.5%
2025 accounts not filed, 93 days past the deadline
Filed on 27-08-2025PDF
Score breakdownraises riskFigures for financial year 2024 (filed on 02-09-2025)1 financial year not filed after the legal deadline; last filed accounts filed 27 days late; 1 of the last 3 accounts lateFounded in 2023Sector: Land transport and transport via pipelines (NACE 49)Show the evidence

Checked score

Score 2024
38 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 45% of micro companies in land transport (NACE 49)
Financial strength · tick: 2023
Average
Solvency 55-2
equity 30.2% of total assets
Liquidity 37-13
short-term debt 69.8% · cash 19.7%
Profitability 56-44
return on assets 7.3%
Bankruptcy probability within 12 months
4.9% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,098 companies, NACE 49, micro)
Last 24 months 11-2024: 2.6% 12-2024: 2.6%● unchanged vs 11-2024 01-2025: 2.5%▼ -0.1 percentage points vs 12-2024 02-2025: 2.5%● unchanged vs 01-2025lowest value 03-2025: 2.5%● unchanged vs 02-2025 04-2025: 2.6%▲ +0.1 percentage points vs 03-2025 05-2025: 2.6%● unchanged vs 04-2025 06-2025: 2.6%● unchanged vs 05-2025 07-2025: 2.6%● unchanged vs 06-2025 08-2025: 3.4%▲ +0.8 percentage points vs 07-2025 09-2025: 3.8%▲ +0.4 percentage points vs 08-2025 10-2025: 2.9%▼ -0.9 percentage points vs 09-2025 11-2025: 2.8%▼ -0.1 percentage points vs 10-2025 12-2025: 2.8%● unchanged vs 11-2025 01-2026: 3.1%▲ +0.3 percentage points vs 12-2025 02-2026: 3.1%● unchanged vs 01-2026 03-2026: 3.1%● unchanged vs 02-2026 04-2026: 3.2%▲ +0.1 percentage points vs 03-2026 05-2026: 3.2%● unchanged vs 04-2026 06-2026: 3.2%● unchanged vs 05-2026 07-2026: 3.2%● unchanged vs 06-2026 08-2026: 4.2%▲ +1.0 percentage point vs 07-2026 09-2026: 4.7%▲ +0.5 percentage points vs 08-2026 10-2026: 4.9%▲ +0.2 percentage points vs 09-2026highest value
Credit of up to €1,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.43 (1.47 in 2023), below the usual 1.5. Short-term debt is 69.8% and cash 19.7% of total assets. 69.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro). It does better than 42% of them on solvency, 35% on liquidity, 30% on profitability and 74% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
raises risk
raises risk · Figures for financial year 2024 (filed on 02-09-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 27 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 2 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 27 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
not filed
2024
27 days late
2023
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 29 days after the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about PIETTE LOGISTICS

What is the company number of PIETTE LOGISTICS?
The company number of PIETTE LOGISTICS is 0799.468.951. The VAT number is the same number with BE in front: BE 0799.468.951.
Where is PIETTE LOGISTICS based?
The registered office is at Assesteenweg 116A, 1740 Ternat.Company details
What does PIETTE LOGISTICS do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of PIETTE LOGISTICS?
The legal form of PIETTE LOGISTICS is Private limited company (BV).
When was PIETTE LOGISTICS founded?
PIETTE LOGISTICS was founded on 13-03-2023.
Is PIETTE LOGISTICS still active?
Yes, PIETTE LOGISTICS is an active enterprise in the KBO register.
What is the turnover of PIETTE LOGISTICS?
The turnover in financial year 2024 is ≈ €64,000. This figure is estimated from the gross margin of €7,534 and 67 comparable companies (NACE 49410). It probably lies between €31,000 and €100,000. It is a rough estimate.Financials
Is PIETTE LOGISTICS profitable?
In financial year 2024, PIETTE LOGISTICS made a profit of €6,960.
Where can I find the annual accounts of PIETTE LOGISTICS?
PIETTE LOGISTICS filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

Comparable companies

These companies have the same main activity as PIETTE LOGISTICS: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €77,000 and €109,000, founded between 2021 and 2024.

CompanyTotal assetsGross margin
PIETTE LOGISTICS Ternat€95,406€7,534
TNTW Wemmel€77,023€9,285
ASL Antwerpen€97,482€8,034
SAFO SERVICES Antwerpen€100,089€8,113
EMZ DELIVERY Schaarbeek€108,882€6,651
STEPS SERVICES Ternat€86,068€8,115
RD TRANSPORTS Halle€95,688€5,502
Full comparison

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