PINXTEN
ActivePINXTEN has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6k and a net result of €-1k. Equity is growing by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 10% of 27358 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency2=
Growth58=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.14 against 0.23 in 2024), and 97.6% 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 43
Relative position
BE, all sectors
reference
Sector 43
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
2.4%
Return on assets
-0.4%
Age of the figures
11 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€1k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 27358 sector peers (2025).
NBB · sector comparisonPosition among 27358 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 01-04-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
15 d early
2023
22 d early
2022
11 d early
2021
4 d early
2020
11 d early
2019
3 d early
← 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
13-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€6k▼ 15.9%
2024 · €7k
2018: €13k
2019: €3k
2020: €2k
2021: €4k
2022: €25k
2023: €14k
2024: €7k
2018 → 2025
Total assets
€238k▼ 2.8%
2024 · €245k
2018: €261k
2019: €246k
2020: €246k
2021: €240k
2022: €260k
2023: €248k
2024: €245k
2018 → 2025
Net result
€-1k▲ 86.4%
2024 · €-8k
2018: €-20k
2019: €-10k
2020: €-1k
2021: €2k
2022: €21k
2023: €-11k
2024: €-8k
2018 → 2025
Working capital
€-62k▼ 37.7%
2024 · €-45k
2018: €-9k
2019: €-17k
2020: €-14k
2021: €-19k
2022: €-14k
2023: €-41k
2024: €-45k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4k-€25k▲ 494%€14k▼ 42.7%€7k▼ 53.9%€6k▼ 15.9%
Operating result€5k-€25k▲ 359%€-8k€-5k▲ 36.0%€5k
Net result€2k-€21k▲ 761%€-11k€-8k▲ 27.6%€-1k▲ 86.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €5k after a loss of €5k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €238k
Fixed assets
€228k▼ 1.6%
Current assets
€10k▼ 24.6%
Equity and liabilities €238k
Equity
€6k▼ 15.9%
Debt
€233k▼ 2.5%
The debt ratio rises from 97.3% to 97.6%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€9k▲
2024 · €-2k
Cash flow
€3k▲
2024 · €-4k
Solvency
2.4%▼
2024 · 2.7%
Current ratio
0.14▼
2024 · 0.23
Quick ratio
0.12▼
2024 · 0.20
Debt / equity
41.44▲
2024 · 35.72
ROE
-18.9%▲
2024 · -116.8%
ROA
-0.4%▲
2024 · -3.2%
Interest coverage
1.40▲
2024 · -0.56
Debt
€233k▼
2024 · €238k
Debt ≤ 1 year
€72k▲
2024 · €58k
Debt > 1 year
€160k▼
2024 · €169k
Income taxes
€0▲
2024 · €0
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€245k€238k▼
Fixed assets21/28€232k€228k▼
Tangible fixed assets22/27€232k€228k▼
Land and buildings22€230k€227k▼
Plant, machinery and equipment23€1k€760▼
Furniture and vehicles24€735€245▼
Financial fixed assets28€221€221=
Current assets29/58€13k€10k▼
Stocks and contracts in progress3€2k€2k=
Stocks30/36€2k€2k=
Amounts receivable within one year40/41€8k€3k▼
Trade receivables40€8k€3k▼
Other amounts receivable41€0-
Cash at bank and in hand54/58€2k€4k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€245k€238k▼
Equity10/15€7k€6k▼
Contributions10/11€19k€19k=
Reserves13€18k€18k=
Distributable reserves133€18k€18k=
Profit (loss) carried forward14€-30k€-31k▼
Amounts payable17/49€238k€233k▼
Amounts payable after more than one year17€169k€160k▼
Financial debts170/4€169k€160k▼
Amounts payable within one year42/48€58k€72k▲
Current portion of amounts payable after more than one year42€11k€10k▼
Trade debts44€6k€7k▲
Suppliers440/4€6k€7k▲
Taxes, remuneration and social security45€3k€549▼
Taxes450/3€337€549▲
Remuneration and social security454/9€3k€0▼
Other amounts payable47/48€38k€55k▲
Accrued charges and deferred income492/3€11k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€1k€11k▲
Operating profit (loss)9901€-5k€5k▲
Financial income75/76B€540€189▼
Recurring financial income75€540€189▼
Financial charges65/66B€3k€6k▲
Recurring financial charges65€3k€6k▲
Profit (loss) for the period before taxes9903€-8k€-1k▲
Income taxes67/77€0€0▲
Profit (loss) for the period9904€-8k€-1k▲
Profit (loss) for the period to be appropriated9905€-8k€-1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-30k€-31k▼
Profit (loss) brought forward from the previous period14P€-22k€-30k▼
The notes to these accounts (11 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
01-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
15-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Highest result since 2018net €21k ▲761%
Operating result €25k, net result €21k, both a record.
26-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €2k
Net result €2k after 3 loss-making years.
19-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2024
PINXTEN Jimmy
CurrentDirector · since 05-01-2024
05-01-2024
Resigned as Manager
05-01-2024
Appointed as Director
Location & real-estate footprint
Registered office, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 1990
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.
Kruibekestraat 569150 Beveren-Kruibeke-ZwijndrechtGround area
362 m²
Building footprint
110 m²
Volume, LiDAR
839 m³
Parcel 46001A0163/00E002, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PINXTEN
since 19902.046.330.212
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46001A0163/00E002 | Flanders | 362 m² | 1 · 110 m² | 10.8 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 206 EUR awarded · 206 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 206 EUR | 206 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 6,989 companies in sector 43221 we hold annual accounts for 3,444. 1,195 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-11-1989
Fiscal year end30-09
Activities, NACEBEL
43221Plumbing work
45332
Sources
Crossroads Bank for EnterprisesNational Bank · 33 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.
Contact details
1 entryPhone:03/231 15 56