Pip & Flo
ActivePip & Flo has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68k and a net result of €14k. Equity is growing by ~16.2% per year across the filed fiscal years. Its solvency ranks better than 40% of 17964 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
66
/ 100
Healthy▲ +36 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency39▲+10
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.35 against 1.27 in 2024), and 77.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-01-2025 was due by 31-08-2025 and was filed on 29-09-2025, 29 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 · 9 filingsDeviation from the deadline
2026
not confirmed
2025
29 d late
2024
34 d late
2023
20 d late
2022
30 d late
2021
27 d late
2020
25 d late
← before the deadline
after the deadline →
Financials · fiscal year 2025, micro schema
Equity
€68k▲ 25.5%
2024 · €54k
2019: €23k
2020: €23k
2021: €41k
2022: €47k
2023: €57k
2024: €54k
2019 → 2025
Total assets
€300k▲ 2.9%
2024 · €291k
2019: €52k
2020: €58k
2021: €83k
2022: €335k
2023: €297k
2024: €291k
2019 → 2025
Net result
€14k
2024 · €-3k
2019: €-2k
2020: €601
2021: €17k
2022: €7k
2023: €9k
2024: €-3k
2019 → 2025
Working capital
€28k▲ 44.4%
2024 · €19k
2019: €20k
2020: €17k
2021: €32k
2022: €23k
2023: €26k
2024: €19k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€41k-€47k▲ 16.4%€57k▲ 19.8%€54k▼ 4.8%€68k▲ 25.5%
Operating result€19k-€5k▼ 74.5%€10k▲ 110%€-3k€16k
Net result€17k-€7k▼ 61.6%€9k▲ 40.3%€-3k€14k
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: €16k after a loss of €3k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €300k
Fixed assets
€193k▼ 3.8%
Current assets
€107k▲ 17.8%
Equity and liabilities €300k
Equity
€68k▲ 25.5%
Debt
€232k▼ 2.2%
The debt ratio falls from 81.5% to 77.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€23k▲
2024 · €5k
Cash flow
€21k▲
2024 · €6k
Solvency
22.5%▲
2024 · 18.5%
Current ratio
1.35▲
2024 · 1.27
Quick ratio
0.53▲
2024 · 0.41
Debt / equity
3.44▼
2024 · 4.41
ROE
20.3%▲
2024 · -5.1%
ROA
4.6%▲
2024 · -0.9%
Interest coverage
5.15▲
2024 · 1.68
Debt
€232k▼
2024 · €238k
Debt ≤ 1 year
€79k▲
2024 · €72k
Debt > 1 year
€153k▼
2024 · €166k
Income taxes
€160▼
2024 · €203
Staff costs
€22k▲
2024 · €22k
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€291k€300k▲
Fixed assets21/28€200k€193k▼
Tangible fixed assets22/27€200k€193k▼
Land and buildings22€194k€189k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€4k€3k▼
Current assets29/58€91k€107k▲
Stocks and contracts in progress3€62k€65k▲
Stocks30/36€62k€65k▲
Amounts receivable within one year40/41€18k€22k▲
Trade receivables40€17k€22k▲
Other amounts receivable41€1k€109▼
Cash at bank and in hand54/58€11k€12k▲
Deferred charges and accrued income490/1-€8k
Equity and liabilities
Total equity and liabilities10/49€291k€300k▲
Equity10/15€54k€68k▲
Contributions10/11€19k€19k=
Reserves13€38k€49k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€36k€47k▲
Profit (loss) carried forward14€-3k-
Amounts payable17/49€238k€232k▼
Amounts payable after more than one year17€166k€153k▼
Financial debts170/4€166k€153k▼
Amounts payable within one year42/48€72k€79k▲
Current portion of amounts payable after more than one year42€13k€13k▲
Trade debts44€19k€31k▲
Suppliers440/4€19k€31k▲
Advances received on contracts in progress46€16k€14k▼
Taxes, remuneration and social security45€11k€8k▼
Taxes450/3€6k€3k▼
Remuneration and social security454/9€5k€6k▲
Other amounts payable47/48€13k€13k▼
Income statement
Code20242025
Non-recurring operating income76A-€10k
Remuneration, social security and pensions62€22k€22k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▼
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A-€81
Gross operating margin9900€29k€48k▲
Operating profit (loss)9901€-3k€16k▲
Financial income75/76B€4k€3k▼
Recurring financial income75€4k€3k▼
Financial charges65/66B€3k€5k▲
Recurring financial charges65€3k€5k▲
Profit (loss) for the period before taxes9903€-3k€14k▲
Income taxes67/77€203€160▼
Profit (loss) for the period9904€-3k€14k▲
Profit (loss) for the period to be appropriated9905€-3k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€11k▲
Profit (loss) brought forward from the previous period14P-€-3k
Transfer to equity691/2-€11k
To other reserves6921-€11k
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
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
31-01
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
2024
04-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 34 days late
31-01
Financial
Weakest financial yearnet €-3k ▼129%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
2023
20-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2021
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 27 days late
31-01
Financial
Highest result since 2019net €17k ▲2789%
Operating result €19k, net result €17k, both a record.
2020
25-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
31-01
Financial
Back to profitnet €601
Net result €601 after one loss-making year.
2019
05-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 5 days late
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 25 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2024
NELIS Peter
CurrentDirector · since 06-02-2024
VANDERLOCHT Leentje
CurrentDirector · since 06-02-2024
06-02-2024
NELIS Peter: Resigned as Director
06-02-2024
NELIS Peter: Appointed as Director
06-02-2024
VANDERLOCHT Leentje: Resigned as Director
06-02-2024
VANDERLOCHT Leentje: Appointed as Director
Location & real-estate footprint
Registered office, Peer · 1 establishment unit since 2016
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.
Zuiderstraat 93990 PeerGround area
3,692 m²
Building footprint
959 m²
Volume, LiDAR
2,744 m³
2 parcels, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Pip & Flo
since 20162.249.209.373
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72030C0903/00C002 | Flanders | 2,577 m² | 1 · 202 m² | 11.1 m · 2 fl. |
| 72022B0590/00H002 | Flanders | 1,115 m² | 1 · 756 m² | 10.6 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteOudsbergen2.249.209.373
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Beline
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Of 500 companies in sector 47713 we hold annual accounts for 196. 160 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-01-2016
Fiscal year end31-01
Activities, NACEBEL
47713Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.