PIRAGRI
ActivePIRAGRI has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.13M and a net result of €293k. Equity is growing by ~20.7% per year across the filed fiscal years. Its solvency ranks better than 29% of 4149 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability58▼-3
Solvency44▼-6
Growth69▼-4
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity tight (current ratio 1.19 against 1.27 in 2024; short-term debt: 67% and cash: 0.7% of total assets), and 81.3% 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
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 · 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 →
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
18.7%
Return on assets
2.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-08-2026, 23 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
23 d late
2024
10 d late
2023
38 d late
2022
71 d early
2021
44 d early
2020
25 d late
2019
28 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€33.45M▲ 2.5%
2024 · €32.63M
2023: €29.84M
2024: €32.63M
2023 → 2025
EBIT margin
1.5%▼ 0.6pp
2024 · 2.1%
2023: 1.2%
2024: 2.1%
2023 → 2025
Net result
€293k▼ 29.4%
2024 · €415k
2018: €140k
2019: €134k
2020: €205k
2021: €188k
2022: €218k
2023: €192k
2024: €415k
2018 → 2025
Working capital
€1.41M▲ 7.7%
2024 · €1.31M
2018: €27k
2019: €-61k
2020: €179k
2021: €339k
2022: €524k
2023: €966k
2024: €1.31M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€29.84M€32.63M▲ 9.4%€33.45M▲ 2.5%
Equity€1.07M-€1.29M▲ 20.2%€1.46M▲ 13.4%€1.88M▲ 28.9%€2.13M▲ 12.9%
Operating result€289k-€324k▲ 12.0%€351k▲ 8.4%€673k▲ 91.8%€505k▼ 25.0%
Net result€188k-€218k▲ 15.6%€192k▼ 11.6%€415k▲ 116%€293k▼ 29.4%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 25% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €11.36M
Fixed assets
€2.34M▲ 81.8%
Current assets
€9.02M▲ 47.7%
Equity and liabilities €11.36M
Equity
€2.13M▲ 12.9%
Provisions
€21k=
Debt
€9.22M▲ 67.8%
The debt ratio rises from 74.3% to 81.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€816k▼
2024 · €823k
Cash flow
€604k▲
2024 · €564k
Solvency
18.7%▼
2024 · 25.5%
Current ratio
1.19▼
2024 · 1.27
Quick ratio
1.15▼
2024 · 1.21
Debt / equity
4.34▲
2024 · 2.92
ROE
13.8%▼
2024 · 22.0%
ROA
2.6%▼
2024 · 5.6%
Interest coverage
10.47▲
2024 · 9.11
Debt
€9.22M▲
2024 · €5.49M
Debt ≤ 1 year
€7.61M▲
2024 · €4.80M
Debt > 1 year
€1.30M▲
2024 · €390k
Income taxes
€135k▼
2024 · €174k
Staff costs
€737k▲
2024 · €559k
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€7.40M€11.36M▲
Fixed assets21/28€1.29M€2.34M▲
Tangible fixed assets22/27€691k€1.69M▲
Land and buildings22€261k€861k▲
Plant, machinery and equipment23€16k€25k▲
Furniture and vehicles24€323k€756k▲
Leasing and similar rights25€91k€52k▼
Financial fixed assets28€597k€647k▲
Affiliated companies280/1€595k€645k▲
Participating interests280€595k€645k▲
Other financial fixed assets284/8€1k€1k▲
Amounts receivable and cash guarantees285/8€1k€1k▲
Current assets29/58€6.11M€9.02M▲
Stocks and contracts in progress3€318k€261k▼
Stocks30/36€318k€261k▼
Goods purchased for resale34€318k€261k▼
Amounts receivable within one year40/41€5.65M€8.68M▲
Trade receivables40€5.64M€8.49M▲
Other amounts receivable41€10k€184k▲
Cash at bank and in hand54/58€140k€84k▼
Equity and liabilities
Total equity and liabilities10/49€7.40M€11.36M▲
Equity10/15€1.88M€2.13M▲
Contributions10/11€150k€150k=
Reserves13€87k€87k=
Non-distributable reserves130/1€15k€15k=
Reserves not available under the articles1311€15k€15k=
Tax-exempt reserves132€72k€72k=
Distributable reserves133€622€622=
Profit (loss) carried forward14€1.63M€1.88M▲
Investment grants15€12k€12k=
Provisions and deferred taxes16€21k€21k=
Deferred taxes168€21k€21k=
Amounts payable17/49€5.49M€9.22M▲
Amounts payable after more than one year17€390k€1.30M▲
Financial debts170/4€390k€1.30M▲
Leasing and similar obligations172€58k€18k▼
Credit institutions173€332k€1.28M▲
Amounts payable within one year42/48€4.80M€7.61M▲
Current portion of amounts payable after more than one year42€146k€255k▲
Financial debts43€1.45M€1.45M=
Credit institutions430/8€1.45M€1.45M=
Trade debts44€2.74M€5.14M▲
Suppliers440/4€2.74M€5.14M▲
Taxes, remuneration and social security45€355k€398k▲
Taxes450/3€304k€313k▲
Remuneration and social security454/9€51k€85k▲
Other amounts payable47/48€107k€370k▲
Accrued charges and deferred income492/3€304k€304k=
Income statement
Code20242025
Operating income70/76A€32.75M€33.56M▲
Turnover70€32.63M€33.45M▲
Other operating income74€116k€110k▼
Operating charges60/66A€32.08M€33.05M▲
Goods for resale, raw materials and consumables60€30.33M€30.83M▲
Purchases600/8€30.39M€30.77M▲
Change in stocks: decrease (increase)609€-57k€57k▲
Services and other goods61€944k€1.09M▲
Remuneration, social security and pensions62€559k€737k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€150k€311k▲
Other operating charges640/8€93k€85k▼
Operating profit (loss)9901€673k€505k▼
Financial income75/76B€5k€1k▼
Recurring financial income75€5k€1k▼
Other financial income752/9€5k€1k▼
Financial charges65/66B€91k€79k▼
Recurring financial charges65€91k€79k▼
Debt charges650€90k€78k▼
Other financial charges652/9€484€674▲
Profit (loss) for the period before taxes9903€587k€428k▼
Transfer from deferred taxes780€2k-
Income taxes67/77€174k€135k▼
Taxes670/3€174k€135k▼
Profit (loss) for the period9904€415k€293k▼
Transfer from tax-exempt reserves789€6k-
Profit (loss) for the period to be appropriated9905€421k€293k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.66M€1.93M▲
Profit (loss) brought forward from the previous period14P€1.24M€1.63M▲
Profit to be distributed694/7€30k€50k▲
Return on contributions (dividend)694€30k€50k▲
Social balance
Average headcount (FTE)908712.914.0▲
The notes to these accounts (44 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
23-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 23 days late
2025
31-12
Financial
Equity above €2MEq €2.13M ▲12.9%
8 profitable years in a row build equity to €2.13M.
10-08
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema · 10 days late
2024
31-12
Financial
Highest result since 2018net €415k ▲116%
Operating result €673k, net result €415k, both a record.
07-09
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema · 38 days late
2023
21-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €1MEq €1.07M ▲22.2%
4 profitable years in a row build equity to €1.07M.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 25 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 28 days late
2019
31-12
Financial
Weakest financial yearnet €134k ▼4.3%
Net result drops to €134k, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 23 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Ohey · 2 establishment units since 1992
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.
Rue Draily 1495350 OheyGround area
1,458 m²
Building footprint
366 m²
2 parcels, Wallonia. Linked by address, not a title deed.
2 establishment units
PIRAGRI
since 19922.058.007.824
PIRAGRI
since 20052.149.945.216
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92029D0338/00R003 | Wallonia | 924 m² | 1 · 195 m² | - |
| 92097C0142/02N000 | Wallonia | 534 m² | 1 · 171 m² | - |
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 siteAndenne2.149.945.216
Similar companies · same sector, comparable size
ROMAC FUELS
BE 0472.790.767
Veurne · Eq €2.10M
D & V FUEL LOGISTICS
BE 0899.199.502
Veurne · Eq €2.20M
STATION GARAGE HUMA
BE 0424.990.157
Dilbeek · Eq €2.04M
DEHEM
BE 0450.990.909
Heuvelland · Eq €2.24M
DE CLERCK A.
BE 0456.426.768
Eeklo · Eq €2.01M
Of 1,267 companies in sector 47300 we hold annual accounts for 946. 370 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-06-1992
Fiscal year end31-12
Activities, NACEBEL
47300Retail sale of automotive fuel
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
52481
Sources
Crossroads Bank for EnterprisesNational Bank · 33 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.
Contact details
2 entriesWebsite:www.piragri.be
E-mail:info@piragri.be