Equity
€1.1m ▲ 218%
Equity rose in 2025 from €357,870 to €1.1m.
PIRANEA
Lifetime
20 annual accounts with figures on one time axis, 26 filings since 2000peak €1.1m (2025)
€1.1m▲ 806%
lowest -€39,784 (2020)
€778,927▲ 143×
peak €1.1m (2025)
€1.1m▲ 218%
€705,554▼ 46.8%
Board2 names since 2021
1 directorTHYS Arthur
Documentsfilings and deeds
08-06-202653 days before the deadline
2025micro format
Gross margin from €121,959 to €1.1mResult from €5,431 to €778,927Equity from €357,870 to €1.1mDebts from €1.3m to €705,554
Key points
from the 2025 annual accountsInvestments
€300,000 29.1 × depreciation
Green is investment, beige is depreciation.
Liquidity
2.14 was 0.47 in 2024
Short-term debts fell from €680,351 to €616,440.
Filings
26 annual accounts since 2000
Seven of the last ten came late. The 2020 accounts came latest: 101 days after the end of the period.
Restructuring
2
2 restructurings in 2026. Latest: merger with NV LRS RETAIL.
Position in the sector
€778,927
Higher net result than 95% of companies in head offices and management consultancy. Sector median €27,168 · 39,358 companies.
Net result +14,241%: one-off income
Checked score
97
Excellent
Financially stronger than 78% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,555 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025
08-2025: 0.8%▲ +0.4 percentage points vs 07-2025highest value
09-2025: 0.8%● unchanged vs 08-2025highest value
10-2025: 0.8%● unchanged vs 09-2025highest value
11-2025: 0.8%● unchanged vs 10-2025highest value
12-2025: 0.8%● unchanged vs 11-2025highest value
01-2026: 0.8%● unchanged vs 12-2025highest value
02-2026: 0.8%● unchanged vs 01-2026highest value
03-2026: 0.8%● unchanged vs 02-2026
04-2026: 0.7%▼ -0.1 percentage points vs 03-2026
05-2026: 0.7%● unchanged vs 04-2026
06-2026: 0.7%● unchanged vs 05-2026
07-2026: < 0.1%▼ -0.7 percentage points vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Size: total assets €1.8m
Liquidity: current ratio 2.14, cash €747,021
Sector: Activities of head offices; management consultancy activities (NACE 70)
Figures for financial year 2025 (filed on 10-06-2026)
Calculation
The band follows from the bankruptcy probability. 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 (NACE 70, micro). It does better than 57% of them on solvency, 77% on liquidity, 84% on profitability and 95% on growth.
The bankruptcy probability was computed on 06-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 20,137 companies had the same profile as PIRANEA has now. Each dot stands for 51 companies, two years later.
95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of PIRANEA itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,137 companies, not a prediction for PIRANEA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €110,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.14 (0.47 in 2024), above the usual 1.5. Short-term debt is 33.5% and cash 40.5% of total assets. 38.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 days early
2024
1 day early
2023
on the day
2022
60 days late
2021
89 days late
2020
101 days late
2019
69 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 38 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 August (4 of the last 5 accounts filed within 59 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Merger: PIRANEA takes over LRS RETAIL
General meeting of 31-07-2026 · Gazette deed
Appointment: Eleni KAPODISTRIAS (director)
General meeting of 07-09-2026 · Gazette deed
Merger proposal: BV PIRANEA takes over NV LRS RETAIL
Maatschap Tivia holds 100% of the shares · Maatschap Tivia holds 200 shares · Maatschap Tivia holds 900 shares · Board meeting of 11-06-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0467201785
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PIRANEA Hasselt | €1.8m | €1.1m | 61.7% | - |
| BESCO Alken | €2.1m | €1.0m | 78.8% | 4.9 |
| TAM TAM CONSULTING Herentals | €1.7m | €1.0m | 60.5% | 5.5 |
| YASAMBRE INVEST Anderlecht | €2.1m | €1.0m | 57.5% | - |
| HL NEXT Sprimont | €1.7m | €1.0m | 82.1% | 0.8 |
| Inter Aviation Services (Belgium) Zaventem | €2.2m | €1.2m | 43.6% | 11.2 |
| TAILORMOLD Antwerp | €2.0m | €1.3m | 53.8% | 13.5 |
These companies have the same main activity as PIRANEA: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €1.7m and €2.2m, founded between 1996 and 2002.
Official details
Source: KBO- Status
- Active since 02-11-1999Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.099.352.1923500 Hasselt, since 10-02-2000
- Financial year end
- 31 December
- Peppol
- Reachable since 14-02-2026
Annual accounts 2025
- ≈ €2.0mestimated
- €1.8m▲ 9.4%
- Filing
- Filed on 08-06-2026, 53 days before the end of the filing period
Insights on PIRANEA
PIRANEA files the micro format. That format states no turnover. The gross margin rose from €99,450 in 2006 to €1.1m in 2025.
The balance sheet grew most from 2014 to 2016 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PIRANEA
- What is the company number of PIRANEA?
- The company number of PIRANEA is 0467.201.785. The VAT number is the same number with BE in front: BE 0467.201.785.
- Where is PIRANEA based?
- The registered office is at Havermarkt 35, 3500 Hasselt.Company details
- What does PIRANEA do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of PIRANEA?
- PIRANEA is a private limited company (BV).
- When was PIRANEA founded?
- PIRANEA was founded on 02-11-1999.
- Is PIRANEA still active?
- Yes, PIRANEA is an active enterprise in the KBO register.
- What is the turnover of PIRANEA?
- The turnover in financial year 2025 is ≈ €2.0m. This figure is estimated from the gross margin of €1.1m and 38 comparable companies (NACE 70200). It probably lies between €1.4m and €2.6m.Financials
- Is PIRANEA profitable?
- In financial year 2025, PIRANEA made a profit of €778,927.
- Where can I find the annual accounts of PIRANEA?
- PIRANEA filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PIRANEA due?
- PIRANEA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.