PINCH
ActivePINCH has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €59k and a net result of €80k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 17046 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency44▲+27
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 24.53 against 6.43 in 2024; short-term debt: 3.4% and cash: 33.4% of total assets), but 81.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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
18.8%
Return on assets
25.6%
Age of the figures
12 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 17046 sector peers (2025).
NBB · sector comparisonPosition among 17046 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 11-05-2026, 11 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
11 d late
2024
2 d early
2023
27 d early
2022
10 d late
2021
202 d late
2020
9 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€59k
2024 · €-22k
2018: €-121k
2019: €-101k
2020: €-45k
2021: €-39k
2022: €-98k
2023: €-104k
2024: €-22k
2018 → 2025
Total assets
€314k▲ 10.8%
2024 · €283k
2018: €230k
2019: €306k
2020: €333k
2021: €332k
2022: €222k
2023: €231k
2024: €283k
2018 → 2025
Net result
€80k▼ 2.0%
2024 · €82k
2018: €49k
2019: €20k
2020: €57k
2021: €6k
2022: €-60k
2023: €-5k
2024: €82k
2018 → 2025
Working capital
€254k▲ 37.9%
2024 · €184k
2018: €101k
2019: €139k
2020: €204k
2021: €188k
2022: €84k
2023: €92k
2024: €184k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-39k-€-98k▼ 155%€-104k▼ 5.2%€-22k▲ 79.2%€59k
Operating result€6k-€-59k€-4k▲ 92.5%€83k€80k▼ 3.8%
Net result€6k-€-60k€-5k▲ 91.4%€82k€80k▼ 2.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €314k
Fixed assets
€49k▼ 25.0%
Current assets
€265k▲ 21.4%
Equity and liabilities €314k
Equity
€59k
Debt
€255k
Debt finances 81.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€99k▼
2024 · €102k
Cash flow
€100k▼
2024 · €101k
Solvency
18.8%▲
2024 · -7.6%
Current ratio
24.53▲
2024 · 6.43
Quick ratio
24.53▲
2024 · 6.43
Debt / equity
4.32▲
2024 · -14.16
ROE
136.5%
ROA
25.6%▼
2024 · 29.0%
Interest coverage
159.81▲
2024 · 121.48
Debt
€255k▼
2024 · €305k
Debt ≤ 1 year
€11k▼
2024 · €34k
Debt > 1 year
€244k▼
2024 · €271k
Income taxes
€70▼
2024 · €100
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€283k€314k▲
Fixed assets21/28€65k€49k▼
Intangible fixed assets21€11k-
Tangible fixed assets22/27€32k€26k▼
Plant, machinery and equipment23€6k€4k▼
Furniture and vehicles24€26k€22k▼
Financial fixed assets28€22k€22k=
Current assets29/58€218k€265k▲
Amounts receivable within one year40/41€64k€160k▲
Trade receivables40€64k€59k▼
Other amounts receivable41-€101k
Cash at bank and in hand54/58€155k€105k▼
Equity and liabilities
Total equity and liabilities10/49€283k€314k▲
Equity10/15€-22k€59k▲
Contributions10/11€800k€800k=
Capital10€800k€800k=
Issued capital100€800k€800k=
Profit (loss) carried forward14€-822k€-741k▲
Amounts payable17/49€305k€255k▼
Amounts payable after more than one year17€271k€244k▼
Financial debts170/4€271k€244k▼
Amounts payable within one year42/48€34k€11k▼
Trade debts44-€2k
Suppliers440/4-€2k
Taxes, remuneration and social security45€12k€9k▼
Taxes450/3€12k€9k▼
Other amounts payable47/48€22k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€19k▲
Other operating charges640/8€569€630▲
Non-recurring operating charges66A€15-
Gross operating margin9900€102k€100k▼
Operating profit (loss)9901€83k€80k▼
Financial income75/76B€0€1k▲
Recurring financial income75€0€1k▲
Financial charges65/66B€838€620▼
Recurring financial charges65€838€620▼
Profit (loss) for the period before taxes9903€82k€81k▼
Income taxes67/77€100€70▼
Profit (loss) for the period9904€82k€80k▼
Profit (loss) for the period to be appropriated9905€82k€80k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-822k€-741k▲
Profit (loss) brought forward from the previous period14P€-904k€-822k▲
The notes to these accounts (10 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
11-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
30-09
Financial
Liquidity quadruplescurrent ratio 24.53
Current ratio from 6.43 to 24.53; short-term debt falls from €34k to €11k.
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €82k
Net result €82k after 2 loss-making years.
30-09
Financial
Liquidity triplescurrent ratio 6.43
Current ratio from 2.44 to 6.43; short-term debt falls from €64k to €34k.
03-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
10-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2022
18-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 202 days late
30-09
Financial
Weakest financial yearnet €-60k ▼1111%
Net result drops to €-60k, the lowest in the series; recovery starts the following year.
2021
21-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
10-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 10 days late
2018
02-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 2 days late
2017
05-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 5 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Elsene · 1 establishment unit since 2013
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.
Generaal Jacqueslaan 1531050 ElseneGround area
232 m²
Building footprint
126 m²
Volume, LiDAR
1,528 m³
Parcel 21445C0234/00E009, Brussels · tallest building 18.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
PINCH
since 20132.220.337.819
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21445C0234/00E009 | Brussels | 232 m² | 1 · 126 m² | 18.5 m · 4 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 3,211 companies in sector 62900 we hold annual accounts for 1,741. 1,369 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded21-06-2013
Fiscal year end30-09
Activities, NACEBEL
62900Other information technology and computer services
62010Computer programming, consultancy and related activities
62020IT consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.