PINCEMAILLE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €849k and a net result of €20k. Equity is shrinking by ~10.1% per year across the filed fiscal years. Its solvency ranks better than 78% of 8013 sector peers (fiscal year 2025). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
20 d early
2022
6 d early
2021
7 d early
2020
26 d early
2019
28 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€849k▼ 10.1%
2024 · €944k
2019: €1.48M
2020: €1.48M
2021: €1.40M
2022: €933k
2023: €933k
2024: €944k
2019 → 2025
Net result
€20k▼ 21.4%
2024 · €25k
2019: €37k
2020: €57k
2021: €62k
2022: €44k
2023: €14k
2024: €25k
2019 → 2025
Total assets
€1.05M▼ 2.0%
2024 · €1.08M
2019: €1.61M
2020: €1.56M
2021: €1.59M
2022: €1.47M
2023: €957k
2024: €1.08M
2019 → 2025
Solvency
80.6%▼ 7.2pp
2024 · 87.8%
2019: 91.8%
2020: 94.6%
2021: 88.1%
2022: 63.6%
2023: 97.5%
2024: 87.8%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.40M-€933k▼ 33.5%€933k=€944k▲ 1.2%€849k▼ 10.1%
Operating result€60k-€46k▼ 22.4%€17k▼ 62.2%€27k▲ 53.0%€36k▲ 33.1%
Net result€62k-€44k▼ 28.1%€14k▼ 68.0%€25k▲ 77.7%€20k▼ 21.4%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 33% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.05M
Fixed assets
€550k▼ 5.8%
Current assets
€504k▲ 2.4%
Equity and liabilities €1.05M
Equity
€849k▼ 10.1%
Debt
€205k▲ 55.5%
The debt ratio rises from 12.2% to 19.4%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
80.6%▼
2024 · 87.8%
ROE
2.3%▼
2024 · 2.7%
ROA
1.9%▼
2024 · 2.3%
Debt
€205k▲
2024 · €132k
Debt ≤ 1 year
€152k▲
2024 · €52k
Debt > 1 year
€50k▼
2024 · €76k
Income taxes
€12k▲
2024 · €8k
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€1.08M€1.05M▼
Fixed assets21/28€583k€550k▼
Tangible fixed assets22/27€583k€550k▼
Land and buildings22€448k€443k▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€135k€107k▼
Current assets29/58€493k€504k▲
Amounts receivable after more than one year29€182k€182k=
Other amounts receivable291€182k€182k=
Amounts receivable within one year40/41€45k€48k▲
Trade receivables40€3k€47k▲
Other amounts receivable41€42k€766▼
Cash at bank and in hand54/58€235k€234k▼
Deferred charges and accrued income490/1€31k€41k▲
Equity and liabilities
Total equity and liabilities10/49€1.08M€1.05M▼
Equity10/15€944k€849k▼
Contributions10/11€250k€250k=
Capital10€250k€250k=
Issued capital100€250k€250k=
Reserves13€25k€25k=
Non-distributable reserves130/1€25k€25k=
Legal reserve130€25k€25k=
Profit (loss) carried forward14€669k€574k▼
Amounts payable17/49€132k€205k▲
Amounts payable after more than one year17€76k€50k▼
Financial debts170/4€76k€50k▼
Amounts payable within one year42/48€52k€152k▲
Current portion of amounts payable after more than one year42€24k€25k▲
Trade debts44€13k€6k▼
Suppliers440/4€13k€6k▼
Taxes, remuneration and social security45€746€4k▲
Taxes450/3€746€4k▲
Other amounts payable47/48€14k€117k▲
Accrued charges and deferred income492/3€4k€3k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€34k▲
Other operating charges640/8€14k€10k▼
Non-recurring operating charges66A-€3k
Gross operating margin9900€52k€82k▲
Operating profit (loss)9901€27k€36k▲
Financial income75/76B€12k€610▼
Recurring financial income75€9k€610▼
Non-recurring financial income76B€2k€0▼
Financial charges65/66B€5k€4k▼
Recurring financial charges65€901€4k▲
Non-recurring financial charges66B€4k€0▼
Profit (loss) for the period before taxes9903€33k€32k▼
Income taxes67/77€8k€12k▲
Profit (loss) for the period9904€25k€20k▼
Profit (loss) for the period to be appropriated9905€25k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€683k€689k▲
Profit (loss) brought forward from the previous period14P€658k€669k▲
Profit to be distributed694/7€14k€115k▲
Return on contributions (dividend)694-€100k
Directors or managers695€14k€15k▲
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
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
11-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-06
Financial
Weakest financial yearnet €14k ▼68%
Net result drops to €14k, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity times 13current ratio 24.03
Current ratio from 1.92 to 24.03; short-term debt falls from €532k to €21k.
25-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
24-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-06
Financial
Highest result since 2019net €62k ▲8.1%
Operating result €60k, net result €62k, both a record.
05-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
03-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
10-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
04-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
09-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, La Louvière · 1 establishment unit since 2003
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.
Chaussée de Mons(S-V) 5447100 La LouvièreGround area
993 m²
Building footprint
96 m²
Volume, LiDAR
801 m³
Parcel 55015B0224/00H000, Wallonia · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Chaussée de Mons(S-V) 544, 7100 La Louvière
since 20032.133.678.712
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55015B0224/00H000 | Wallonia | 993 m² | 1 · 96 m² | 11.4 m · 3 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.
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,762. 13,047 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded30-08-2002
Fiscal year end30-06
Activities, NACEBEL
02012
64200Holdings
64210Activities of holding companies
02200Logging
46832Wholesale of timber
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.