PIGNATELLI
ActivePIGNATELLI has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €165k and a net result of €20k. Equity is growing by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 86% of 1498 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability60▲+12
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 2.92 against 2.6 in 2024), and 21.8% 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 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
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
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
78.2%
Return on assets
9.3%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
37 d early
2023
23 d early
2022
118 d early
2021
19 d early
2020
26 d late
2019
8 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€54k
EBIT margin
27.0%
Net result
€20k▲ 39.8%
2024 · €14k
2018: €5k
2019: €9k
2020: €10k
2021: €5k
2022: €6k
2023: €21k
2024: €14k
2018 → 2025
Working capital
€73k▲ 53.2%
2024 · €47k
2018: €-8k
2019: €14k
2020: €28k
2021: €39k
2022: €54k
2023: €72k
2024: €47k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€109k-€116k▲ 5.7%€133k▲ 15.4%€146k▲ 9.3%€165k▲ 12.9%
Operating result€11k-€12k▲ 2.6%€32k▲ 169%€22k▼ 28.9%€29k▲ 30.7%
Net result€5k-€6k▲ 22.8%€21k▲ 235%€14k▼ 33.3%€20k▲ 39.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 31% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €211k
Fixed assets
€100k▼ 16.4%
Current assets
€110k▲ 43.4%
Equity and liabilities €211k
Equity
€165k▲ 12.9%
Debt
€46k▼ 10.0%
The debt ratio falls from 25.9% to 21.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€56k▲
2024 · €43k
Cash flow
€46k▲
2024 · €35k
Solvency
78.2%▲
2024 · 74.1%
Current ratio
2.92▲
2024 · 2.60
Quick ratio
2.92▲
2024 · 2.60
Debt / equity
0.28▼
2024 · 0.35
ROE
11.9%▲
2024 · 9.6%
ROA
9.3%▲
2024 · 7.1%
Interest coverage
27.49▲
2024 · 19.55
Debt
€46k▼
2024 · €51k
Debt ≤ 1 year
€38k▲
2024 · €30k
Debt > 1 year
€8k▼
2024 · €21k
Income taxes
€8k▲
2024 · €6k
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€197k€211k▲
Fixed assets21/28€120k€100k▼
Tangible fixed assets22/27€120k€100k▼
Land and buildings22€64k€49k▼
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€52k€48k▼
Current assets29/58€77k€110k▲
Amounts receivable within one year40/41€14k€9k▼
Trade receivables40€12k€9k▼
Other amounts receivable41€3k-
Current investments50/53€19k€19k=
Cash at bank and in hand54/58€43k€81k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€197k€211k▲
Equity10/15€146k€165k▲
Contributions10/11€19k€19k=
Reserves13€127k€146k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€125k€144k▲
Amounts payable17/49€51k€46k▼
Amounts payable after more than one year17€21k€8k▼
Financial debts170/4€21k€8k▼
Amounts payable within one year42/48€30k€38k▲
Current portion of amounts payable after more than one year42€17k€15k▼
Trade debts44€152€5k▲
Suppliers440/4€152€5k▲
Taxes, remuneration and social security45€4k€9k▲
Taxes450/3€4k€9k▲
Other amounts payable47/48€9k€9k▲
Accrued charges and deferred income492/3-€592
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€27k▲
Other operating charges640/8€2k€3k▲
Non-recurring operating charges66A-€339
Gross operating margin9900€45k€60k▲
Operating profit (loss)9901€22k€29k▲
Financial income75/76B-€134
Recurring financial income75-€134
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€20k€27k▲
Income taxes67/77€6k€8k▲
Profit (loss) for the period9904€14k€20k▲
Profit (loss) for the period to be appropriated9905€14k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€14k€20k▲
Transfer from equity791/2€2k€800▼
Transfer to equity691/2€14k€20k▲
To other reserves6921€14k€20k▲
Profit to be distributed694/7€2k€800▼
Return on contributions (dividend)694€2k€800▼
The notes to these accounts (8 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
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €150kEq €165k ▲12.9%
8 profitable years in a row build equity to €165k.
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €21k ▲235%
Operating result €32k, net result €21k, both a record.
04-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial
Equity above €100kEq €104k ▲11%
3 profitable years in a row build equity to €104k.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
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, Lummen · 1 establishment unit since 2001
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.
Helderstraat 253560 LummenGround area
583 m²
Building footprint
217 m²
Volume, LiDAR
989 m³
Parcel 71037C0301/00E000, Flanders · tallest building 6.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Helderstraat 25, 3560 Lummen
since 20012.131.861.446
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71037C0301/00E000 | Flanders | 583 m² | 1 · 217 m² | 6.3 m · 2 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
Msol
BE 0656.817.484
Kampenhout · Eq €165k
FPE
BE 0685.615.004
Zaventem · Eq €164k
Ctrl-e
BE 0843.427.470
Antwerpen · Eq €174k
P & G Video
BE 0443.429.461
Nazareth-De Pinte · Eq €177k
Wallon Grip
BE 0735.711.742
Seraing · Eq €151k
Of 516 companies in sector 77222 we hold annual accounts for 164. 126 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-12-2000
Fiscal year end31-12
Activities, NACEBEL
77222Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.