PIONIER LAND

Active

Public limited companyfounded 2018active for 8 yearsVredestraat 53, 8790 Waregem, Belgium141 active companies are registered at this addressKBO/BCE: BE 0697.733.074

Summary

The computed 12-month bankruptcy probability of PIONIER LAND is 2.5% (moderate). The 2024 annual accounts show equity of €120,099 and a net result of €93,578. Equity is growing by about 25% per year across the filed financial years. The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

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PIONIER LANDActiveChecked score 52/100

Risk analysis Report Compare

Activity

Activity not known1 site

Size

€198,407turnover 2024

Equity: €120,099
Profit: €93,578

Financial health

52 Fair Checked score 2024

Bankruptcy probabilitywithin 12 months: 2.5%

Structure

Parent: Premier Development Fund 2 · 70%
Board: 4 members

Auditor: BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES2025 accounts not filed, 89 days past the deadline3 of 7 deeds summarised

Why 52raises riskFigures for financial year 2024 (filed 05-06-2025)Founded in 20181 financial year not filed after the legal deadlinelowers riskSize: turnover €198,407, total assets €309,302Show the evidence

Checked score

Score 2024

52 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 49% of its sector peers (no NACE code, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Strong

Solvency 64-2

equity 38.8% of total assets

Liquidity 23+2

short-term debt 61.2% · cash 3.8%

Profitability 100+74

return on assets 30.3%

Bankruptcy probability, 12 months

2.5% Moderate

0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 1.0% 12-2024: 1.0%● unchanged vs 11-2024 01-2025: 1.1%▲ +0.1 percentage points vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.2%▲ +0.1 percentage points vs 03-2025 05-2025: 1.2%● unchanged vs 04-2025 06-2025: 1.1%▼ -0.1 percentage points vs 05-2025 07-2025: 0.6%▼ -0.5 percentage points vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026lowest value 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.7%▲ +0.1 percentage points vs 05-2026 07-2026: 0.6%▼ -0.1 percentage points vs 06-2026 08-2026: 0.9%▲ +0.3 percentage points vs 07-2026 09-2026: 1.1%▲ +0.2 percentage points vs 08-2026 10-2026: 2.5%▲ +1.4 percentage points vs 09-2026highest value

Credit of up to €6,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity ample (current ratio 1.63, compared with 1.78 in 2023, above the usual 1.5; short-term debt: 61.2% and cash: 3.8% of total assets), but 61.2% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 38% on solvency, 13% on liquidity, 90% on profitability and 56% on growth.

The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises riskneutral

Figures for financial year 2024 (filed 05-06-2025)

NBB · annual accounts

Size: turnover €198,407, total assets €309,302

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Founded in 2018

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

1 financial year not filed after the legal deadline

NBB · filings

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 89 days later.

NBB · 6 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline28-10-2026 today

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-06-2025, 58 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

not filed

2024

58 days early

2023

33 days early

2022

27 days early

2021

53 days early

2020

32 days early

2019

17 days early

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 6 accounts on average 37 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

25-06-2025 Resignation: VRIJENS Erwin (director)Appointments: ADONS Steven (director) and…
03-06-2025 Annual accounts filedfinancial year 2024 · abbreviated…
31-12-2024 Back to profitnet €93,578

Key points

Positive: Turnover rose in 2024from €2,500 to €198,407 ▲ 79× View
Caution: 2025 accounts not fileddeadline was 31-07-2026 89 days past the deadline View
Controlled by Premier Development Fund 2 70% View

By topic

Financials

Financial year: 2024
Turnover: €198,407
Profit: €93,578
Solvency: 38.8%

Turnover▲ 79×

Net result

20202024

Go to Financials

Board & ownership

Board: 4 members
Parent: Premier Development Fund 2 · 70%
Auditor: BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES

Davy DemuynckDirector
Kristof VanfleterenDirector
NV PMVDirector
ADONS StevenDirector

Go to Board & ownership

Timeline

Events: 13
Since: 2020

28-06-2024Annual accounts filed
31-12-2023Weakest financial year
26-07-2023Reappointments: Davy Demuynck, Kristof Vanfleteren and 2…

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Founded: 07-06-2018
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about PIONIER LAND

What is the company number of PIONIER LAND?: 0697.733.074. In Belgium the VAT number is the company number with BE in front: BE 0697.733.074.
Where is PIONIER LAND based?: The registered office is at Vredestraat 53, 8790 Waregem.Company details
What is the legal form of PIONIER LAND?: Public limited company (NV).
When was PIONIER LAND founded?: On 07-06-2018.
Is PIONIER LAND still active?: Yes, PIONIER LAND is an active enterprise in the KBO register.
What is the turnover of PIONIER LAND?: €198,407 in financial year 2024, according to the filed annual accounts.Financials
Is PIONIER LAND profitable?: In financial year 2024, PIONIER LAND made a profit of €93,578.
Where can I find the annual accounts of PIONIER LAND?: PIONIER LAND filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2024.