Equity
-€33,293
Debts exceed assets in financial year 2025.
PIREA
Lifetime
6 annual accounts with figures on one time axispeak €10,101 (2020)
-€4,006▲ €6,524
lowest -€12,192 (2025)
-€12,192▼ €433
peak €2,659 (2020)
-€33,293▼ €12,192
€36,422▲ 2.9%
Board3 names since 2020
1 director
Documentsfilings and deeds
29-07-20262 days before the deadline
2025micro format
Gross margin from -€10,529 to -€4,006Loss of €12,192Equity from -€21,101 to -€33,293Cash from €102 to €2,505
Key points
from the 2025 annual accountsLosses
-€23,952 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Filings
6 annual accounts 4 late
The 2020 accounts came latest: 31 days after the end of the period.
Starting capital
€2,500 100 shares
At the same address
10 companies
Position in the sector
-1064.1%
Lower solvency than 95% of companies in specialised construction. Sector median 46.8% · 37,240 companies.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,018 companies had the same profile as PIREA has now. Each dot stands for 16 companies, two years later.
82.8%
were still trading
8.5%
stopped another way
7.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 6,018 companies, not a prediction for PIREA. 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
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Signals
Board and ownership
Director, since 07-04-2020
Director
- 100 sharesdeed of 09-04-2020
Recent changes
Registered office moved within Etterbeek
New registered office: Rue Antoine Gautier 116 à 1040 Etterbeek · Previous registered office: Avenue de la Chasse 130 1040 Etterbeek · General meeting of 12-05-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0745863187
Incorporation
Founding capital of €2,500, 100 shares · Founder: (comparant) · Appointment: (director) · published on 09-04-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PIREA Etterbeek | €3,129 | -€4,006 | -1064.1% | - |
| PureStream Rixensart | €3,354 | -€1,871 | -961.7% | - |
| Le Groupe MMA Machelen (Brab.) | €2,758 | -€376 | 38.7% | - |
| ABRITHERM Sint-Pieters-Leeuw | €3,443 | -€4,697 | -231.3% | - |
| ART-THERM Aalst | €1,505 | -€5,380 | -442.2% | - |
| MEDUSA CONSTRUCTION Bilzen-Hoeselt | €1,393 | -€4,751 | -643.0% | - |
| MonstEr Genk | €6,796 | -€16,700 | 23.0% | - |
These companies have the same main activity as PIREA: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €1,390 and €6,800, founded between 2019 and 2022.
Official details
Source: KBO- Status
- Active since 07-04-2020Normal situation
- Registered office
- 11 active companies are registered at this addressSource: KBO register, as of 14 November 2026.
- Activity
- Installation of electric heating, air conditioning, cooling and ventilationNACE 43222and 1 other
- Financial year end
- 31 December
- Peppol
- Reachable since 31-12-2025
Annual accounts 2025
- €3,129▼ 78.1%
- Filing
- Filed on 29-07-2026, 2 days before the end of the filing period
Insights on PIREA
PIREA files the micro format. That format states no turnover. The gross margin fell from €10,101 in 2020 to -€4,006 in 2025.
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 PIREA
- What is the company number of PIREA?
- The company number of PIREA is 0745.863.187. The VAT number is the same number with BE in front: BE 0745.863.187.
- Where is PIREA based?
- The registered office is at Antoine Gautierstraat 116, 1040 Etterbeek.Company details
- What does PIREA do?
- According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
- What is the legal form of PIREA?
- PIREA is a private limited company (BV).
- When was PIREA founded?
- PIREA was founded on 07-04-2020.
- Is PIREA still active?
- Yes, PIREA is an active enterprise in the KBO register.
- What is the turnover of PIREA?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is PIREA profitable?
- In financial year 2025, PIREA made a loss of €12,192.
- Where can I find the annual accounts of PIREA?
- PIREA filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PIREA due?
- PIREA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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