PIRCALCO

PIRCALCO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.9m and a net result of €36,477. Equity is growing by about 10% per year across the filed financial years. Its solvency ranks better than 65% of 3,012 sector peers (NACE 64, financial year 2025). The company has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals.