Pikobelloo
ActivePikobelloo has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12k and a net result of €-5k. Equity is shrinking by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 15% of 7431 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
37
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability16▼-52
Solvency30▼-2
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.06 against 0.2 in 2024; short-term debt: 77.1% and cash: 0.9% of total assets), and 94.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 · 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
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 2025Solvency, return and age of the figures
Solvency
5.5%
Return on assets
-2.6%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-5k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 7431 sector peers (2025).
NBB · sector comparisonPosition among 7431 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
10 d late
2024
18 d late
2023
2 d early
2022
6 d early
2021
22 d late
2020
16 d late
2019
17 d late
← 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€12k▼ 31.9%
2024 · €17k
2018: €28k
2019: €18k
2020: €14k
2021: €14k
2022: €18k
2023: €18k
2024: €17k
2018 → 2025
Total assets
€211k▼ 12.3%
2024 · €240k
2018: €94k
2019: €171k
2020: €241k
2021: €238k
2022: €235k
2023: €237k
2024: €240k
2018 → 2025
Net result
€-5k▼ 426%
2024 · €-1k
2018: €-3k
2019: €-11k
2020: €-4k
2021: €360
2022: €3k
2023: €398
2024: €-1k
2018 → 2025
Working capital
€-153k▼ 2.4%
2024 · €-150k
2018: €-6k
2019: €-66k
2020: €-149k
2021: €-150k
2022: €-146k
2023: €-145k
2024: €-150k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€14k-€18k▲ 24.4%€18k▲ 2.3%€17k▼ 5.7%€12k▼ 31.9%
Operating result€2k-€3k▲ 59.9%€1k▼ 70.0%€2k▲ 63.8%€-5k
Net result€360-€3k▲ 856%€398▼ 88.4%€-1k€-5k▼ 426%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5k after €2k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €211k
Fixed assets
€202k▼ 0.9%
Current assets
€9k▼ 74.8%
Equity and liabilities €211k
Equity
€12k▼ 31.9%
Debt
€199k▼ 10.8%
The debt ratio rises from 93.0% to 94.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-3k▼
2024 · €4k
Cash flow
€-4k▼
2024 · €838
Solvency
5.5%▼
2024 · 7.0%
Current ratio
0.06▼
2024 · 0.20
Quick ratio
0.02▼
2024 · 0.18
Debt / equity
17.29▲
2024 · 13.21
ROE
-46.7%▼
2024 · -6.1%
ROA
-2.6%▼
2024 · -0.4%
Interest coverage
-18.68▼
2024 · 68.38
Debt
€199k▼
2024 · €224k
Debt ≤ 1 year
€163k▼
2024 · €187k
Income taxes
€497▼
2024 · €3k
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€240k€211k▼
Fixed assets21/28€203k€202k▼
Tangible fixed assets22/27€203k€202k▼
Land and buildings22€199k€198k▼
Furniture and vehicles24€4k€3k▼
Current assets29/58€37k€9k▼
Stocks and contracts in progress3€3k€7k▲
Stocks30/36€3k€7k▲
Amounts receivable within one year40/41€32k€992▼
Trade receivables40€30k-
Other amounts receivable41€2k€992▼
Cash at bank and in hand54/58€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€240k€211k▼
Equity10/15€17k€12k▼
Contributions10/11€16k€16k=
Reserves13€1k€1k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Profit (loss) carried forward14€-450€-6k▼
Amounts payable17/49€224k€199k▼
Amounts payable within one year42/48€187k€163k▼
Trade debts44€13k€1k▼
Suppliers440/4€13k€1k▼
Taxes, remuneration and social security45€14k-
Remuneration and social security454/9€14k-
Other amounts payable47/48€159k€161k▲
Accrued charges and deferred income492/3€37k€37k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8€714€427▼
Gross operating margin9900€4k€-2k▼
Operating profit (loss)9901€2k€-5k▼
Financial charges65/66B€52€154▲
Recurring financial charges65€52€154▲
Profit (loss) for the period before taxes9903€2k€-5k▼
Income taxes67/77€3k€497▼
Profit (loss) for the period9904€-1k€-5k▼
Profit (loss) for the period to be appropriated9905€-1k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-450€-6k▼
Profit (loss) brought forward from the previous period14P€574€-450▼
The notes to these accounts (4 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
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
2025
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €3k ▲856%
Operating result €3k, net result €3k, both a record.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-12
Financial
Back to profitnet €360
Net result €360 after 3 loss-making years.
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 17 days late
2019
31-12
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 9 days late
2017
19-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 19 days late
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, Bertem · 1 establishment unit since 2007
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.
Dorpstraat 3583061 BertemGround area
372 m²
Building footprint
119 m²
Volume, LiDAR
711 m³
Parcel 24061C0305/00H000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Pikobelloo BVBA
since 20072.163.156.418
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24061C0305/00H000 | Flanders | 372 m² | 1 · 119 m² | 9.1 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
Brick Over Brick
BE 0794.428.614
Zaventem · Eq €12k
LAZO BUILDING
BE 0802.601.457
Kraainem · Eq €12k
Vastor
BE 0802.586.611
Waregem · Eq €12k
LVD voeg- en renovatiewerken
BE 0749.793.766
Herentals · Eq €12k
MA COORDINATION
BE 1018.087.650
Sint-Genesius-Rode · Eq €12k
Of 29,801 companies in sector 41001 we hold annual accounts for 16,050. 9,794 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded27-03-2007
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
43310Plastering work
43320Joinery installation
43350Other building finishing work
43990Other specialised construction activities
43999Specialised construction activities
45250
45421
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.