Pirobouw
ActiveSummary
Pirobouw has been active since 1969 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.8m and a net result of €842,908. Equity is growing by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 67% of 274 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability92▲+69
Solvency87▲+7
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €220,000 at 30 days acceptable
Liquidity ample (current ratio 3.82 against 2.64 in 2024; short-term debt: 19.3% and cash: 1.8% of total assets), and 38.4% of the assets are financed with debt.
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Signals
Six 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
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
61.6%
Return on assets
18.9%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 23
Relative position
BE, all sectors
reference
Manufacture of other non-metallic mineral products (NACE 23)
about 17% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
44 d early
2023
54 d early
2022
35 d early
2021
54 d early
2020
36 d early
2019
51 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 46 days before the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 12 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#2 oldest company in Schoten, Manufacturing sector#8 company by equity in Schoten, Manufacturing sector
Equity
€2.8m▲ 34.3%
2024 · €2.0m
Total assets
€4.5m▲ 20.0%
2024 · €3.7m
Net result
€842,908
2024 · -€125,419
Working capital
€2.4m▲ 95.5%
2024 · €1.2m
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 23, Manufacture of other non-metallic mineral products, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€222,710▲ 1,243%€215,065▼ 3.4%€160,259▼ 25.5%-€95,194€853,673
Net result€139,081within the sector's middle half€137,283within the sector's middle half▼ 1.3%€86,840within the sector's middle half▼ 36.7%-€125,419below the sector's middle half€842,908above the sector's middle half
Equity€2.0mabove the sector's middle half▲ 7.5%€2.2mabove the sector's middle half▲ 9.9%€2.2mabove the sector's middle half▲ 1.2%€2.0mabove the sector's middle half▼ 7.9%€2.8mabove the sector's middle half▲ 34.3%
Total assets€4.3mabove the sector's middle half▲ 2.0%€4.3mabove the sector's middle half▲ 0.4%€4.3mabove the sector's middle half▼ 0.4%€3.7mabove the sector's middle half▼ 12.8%€4.5mabove the sector's middle half▲ 20.0%
Debt€2.1m▼ 1.7%€1.9m▼ 8.8%€1.9m▼ 0.2%€1.5m▼ 19.0%€1.5m▲ 1.6%
Working capital€1.3mabove the sector's middle half▲ 11.2%€1.5mabove the sector's middle half▲ 12.7%€1.4mabove the sector's middle half▼ 3.1%€1.2mabove the sector's middle half▼ 11.7%€2.4mabove the sector's middle half▲ 95.5%
Solvency46.9%within the sector's middle half▲ 2.4pp51.3%within the sector's middle half▲ 4.4pp52.1%within the sector's middle half▲ 0.8pp55.1%within the sector's middle half▲ 3.0pp61.6%within the sector's middle half▲ 6.6pp
Current ratio2.29within the sector's middle half▲ 0.062.55within the sector's middle half▲ 0.262.39within the sector's middle half▼ 0.162.64within the sector's middle half▲ 0.253.82above the sector's middle half▲ 1.18
Return on assets (ROA)3.3%within the sector's middle half▲ 3.9pp3.2%within the sector's middle half▼ 0.1pp2.0%within the sector's middle half▼ 1.2pp-3.4%below the sector's middle half▼ 5.4pp18.9%above the sector's middle half▲ 22.2pp
Staff (FTE)7.8within the sector's middle half▲ 1.3%8.1within the sector's middle half▲ 3.8%8.8within the sector's middle half▲ 8.6%8.1within the sector's middle half▼ 8.0%7.8within the sector's middle half▼ 3.7%
above
within
below
the middle half (P25 to P75) of NACE 23, Manufacture of other non-metallic mineral products, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €853,673 after a loss of €95,194 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.5m
Fixed assets
€1.2m ▼ 31.6%
Current assets
€3.3m ▲ 64.6%
Equity and liabilities €4.5m
Equity
€2.8m ▲ 34.3%
Provisions
€175,412 ▲ 11.5%
Debt
€1.5m ▲ 1.6%
Debt's share of the balance-sheet total falls from 40.7% to 34.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€995,846▲
2024 · €47,442
Cash flow
€985,081▲
2024 · €17,216
Quick ratio
3.60▲
2024 · 2.45
Debt to equity
0.56▼
2024 · 0.74
ROE
30.6%▲
2024 · -6.1%
Interest coverage
32.42▲
2024 · 1.03
Debt ≤ 1 year
€860,340▲
2024 · €756,326
Debt > 1 year
€678,742▼
2024 · €758,286
Income taxes
€1,319▲
2024 · €1,278
Staff costs
€634,453▲
2024 · €621,794
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,371 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €3,306 | €1.0m | ▲ 31,003% |
| Remuneration, social security and pensions62 | €522,389 | €581,718 | €663,579 | €621,794 | €634,453 | ▲ 2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €145,722 | €156,613 | €162,802 | €142,635 | €142,173 | ▼ 0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €1,419 | €1,035 | -€6,669 | €115 | €860 | ▲ 648% |
| Other operating charges640/8 | €20,095 | €17,193 | €27,626 | €17,826 | €18,289 | ▲ 2.6% |
| Non-recurring operating charges66A | - | €672 | €250 | - | - | - |
| Gross operating margin9900 | €912,335 | €972,296 | €1.0m | €687,177 | €1.6m | ▲ 140% |
| Operating profit (loss)9901 | €222,710 | €215,065 | €160,259 | -€95,194 | €853,673 | ▲ 997% |
| Financial income75/76B | €985 | €140 | €459 | €21 | €100 | ▲ 380% |
| Recurring financial income75 | €985 | €140 | €459 | €21 | €100 | ▲ 380% |
| Financial charges65/66B | €29,408 | €25,949 | €35,045 | €45,909 | €30,720 | ▼ 33.1% |
| Recurring financial charges65 | €29,408 | €25,949 | €35,045 | €45,909 | €30,720 | ▼ 33.1% |
| Profit (loss) for the period before taxes9903 | €194,287 | €189,255 | €125,673 | -€141,082 | €823,053 | ▲ 683% |
| Transfer from deferred taxes780 | €20,042 | €20,042 | €20,042 | €16,941 | €21,174 | ▲ 25.0% |
| Income taxes67/77 | €75,248 | €72,014 | €58,876 | €1,278 | €1,319 | ▲ 3.2% |
| Profit (loss) for the period9904 | €139,081 | €137,283 | €86,840 | -€125,419 | €842,908 | ▲ 772% |
| Transfer from tax-exempt reserves789 | €80,169 | €80,169 | €80,169 | €67,764 | €63,531 | ▼ 6.2% |
| Profit (loss) for the period to be appropriated9905 | €219,250 | €217,452 | €167,009 | -€57,655 | €906,439 | ▲ 1,672% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.3m | €4.3m | €4.3m | €3.7m | €4.5m | ▲ 20.0% |
| Fixed assets21/28 | €2.0m | €1.9m | €1.9m | €1.7m | €1.2m | ▼ 31.6% |
| Intangible fixed assets21 | €12,293 | €7,164 | €2,036 | €1,564 | €1,092 | ▼ 30.2% |
| Tangible fixed assets22/27 | €1.5m | €1.4m | €1.4m | €1.3m | €1.2m | ▼ 7.2% |
| Land and buildings22 | €232,410 | €221,847 | €227,406 | €221,096 | €208,323 | ▼ 5.8% |
| Plant, machinery and equipment23 | €15,835 | €25,201 | €42,627 | €32,935 | €21,709 | ▼ 34.1% |
| Furniture and vehicles24 | €92,160 | €68,976 | €82,135 | €61,076 | €90,517 | ▲ 48.2% |
| Leasing and similar rights25 | €1.2m | €1.1m | €995,867 | €905,333 | €814,800 | ▼ 10.0% |
| Other tangible fixed assets26 | €4,165 | €36,596 | €51,035 | €48,487 | €42,016 | ▼ 13.3% |
| Financial fixed assets28 | €452,845 | €452,845 | €452,845 | €452,845 | - | - |
| Current assets29/58 | €2.3m | €2.4m | €2.4m | €2.0m | €3.3m | ▲ 64.6% |
| Amounts receivable after more than one year29 | €6,845 | €6,710 | €4,970 | €25 | €25 | = |
| Trade receivables290 | €6,845 | €6,710 | €4,970 | €25 | €25 | = |
| Stocks and contracts in progress3 | €137,424 | €203,993 | €152,364 | €145,989 | €190,916 | ▲ 30.8% |
| Stocks30/36 | €137,424 | €203,993 | €152,364 | €145,989 | €190,916 | ▲ 30.8% |
| Amounts receivable within one year40/41 | €2.0m | €1.9m | €2.2m | €1.7m | €3.0m | ▲ 78.3% |
| Trade receivables40 | €1.3m | €987,458 | €1.2m | €951,829 | €764,909 | ▼ 19.6% |
| Other amounts receivable41 | €712,361 | €941,586 | €988,251 | €738,954 | €2.3m | ▲ 205% |
| Cash at bank and in hand54/58 | €99,335 | €249,528 | €48,169 | €161,188 | €80,792 | ▼ 49.9% |
| Deferred charges and accrued income490/1 | €1,305 | €43 | €1,266 | €1,261 | €3,020 | ▲ 140% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.3m | €4.3m | €4.3m | €3.7m | €4.5m | ▲ 20.0% |
| Equity10/15 | €2.0m | €2.2m | €2.2m | €2.0m | €2.8m | ▲ 34.3% |
| Contributions10/11 | €371,840 | €371,840 | €371,840 | €371,840 | €371,840 | = |
| Capital10 | €371,840 | €371,840 | €371,840 | €371,840 | €371,840 | = |
| Issued capital100 | €371,840 | €371,840 | €371,840 | €371,840 | €371,840 | = |
| Reserves13 | €902,438 | €822,269 | €742,100 | €674,336 | €571,487 | ▼ 15.3% |
| Non-distributable reserves130/1 | €37,184 | €37,184 | €37,184 | €37,184 | €37,184 | = |
| Legal reserve130 | €37,184 | €37,184 | €37,184 | €37,184 | €37,184 | = |
| Tax-exempt reserves132 | €858,750 | €778,581 | €698,412 | €630,648 | €527,800 | ▼ 16.3% |
| Distributable reserves133 | €6,504 | €6,504 | €6,504 | €6,504 | €6,504 | = |
| Profit (loss) carried forward14 | €727,002 | €944,454 | €1.1m | €1.0m | €1.8m | ▲ 80.3% |
| Investment grants15 | - | €60,000 | - | - | - | - |
| Provisions and deferred taxes16 | €214,295 | €214,252 | €174,210 | €157,269 | €175,412 | ▲ 11.5% |
| Deferred taxes168 | €214,295 | €214,252 | €174,210 | €157,269 | €175,412 | ▲ 11.5% |
| Amounts payable17/49 | €2.1m | €1.9m | €1.9m | €1.5m | €1.5m | ▲ 1.6% |
| Amounts payable after more than one year17 | €1.1m | €937,923 | €861,728 | €758,286 | €678,742 | ▼ 10.5% |
| Financial debts170/4 | €1.1m | €937,923 | €861,728 | €758,286 | €678,742 | ▼ 10.5% |
| Amounts payable within one year42/48 | €996,272 | €936,832 | €1.0m | €756,326 | €860,340 | ▲ 13.8% |
| Current portion of amounts payable after more than one year42 | €117,901 | €119,480 | €121,772 | €103,442 | €107,455 | ▲ 3.9% |
| Financial debts43 | €426,364 | €429,744 | €380,021 | €345,015 | €339,885 | ▼ 1.5% |
| Credit institutions430/8 | €426,364 | €429,744 | €380,021 | €345,015 | €339,885 | ▼ 1.5% |
| Trade debts44 | €208,759 | €167,072 | €273,009 | €194,489 | €247,712 | ▲ 27.4% |
| Suppliers440/4 | €208,759 | €167,072 | €273,009 | €194,489 | €247,712 | ▲ 27.4% |
| Taxes, remuneration and social security45 | €48,879 | €56,096 | €73,007 | €61,510 | €63,029 | ▲ 2.5% |
| Taxes450/3 | - | - | €8,876 | - | - | - |
| Remuneration and social security454/9 | €48,879 | €56,096 | €64,131 | €61,510 | €63,029 | ▲ 2.5% |
| Other amounts payable47/48 | €194,370 | €164,440 | €161,759 | €51,870 | €102,260 | ▲ 97.1% |
| Accrued charges and deferred income492/3 | €2,221 | €777 | €296 | €717 | €288 | ▼ 59.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €139,081 | €137,283 | €86,840 | -€125,419 | €842,908 | ▲ 772% |
| + Depreciation and write-downs630 | €145,722 | €156,613 | €162,802 | €142,635 | €142,173 | ▼ 0.3% |
| Operating cash flow (approximation) | €284,803 | €293,896 | €249,642 | €17,216 | €985,081 | ▲ 5,622% |
| Investment in fixed assets (approximation) | - | -€69,000 | -€117,725 | -€12,020 | €402,707 | ▲ 3,450% |
| Change in cash | - | €150,193 | -€201,360 | €113,019 | -€80,396 | ▼ 171% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €842,908
Net result €842,908 after one loss-making year.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet -€125,419
Net result drops to -€125,419, the lowest in the series; recovery starts the following year.
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €139,081
Net result €139,081 after one loss-making year.
31-12
Financial
Equity above €2mEq €2.0m ▲7.5%
Equity rises from €1.9m to €2.0m.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
10-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 9 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Schoten · 2 establishment units since 1969
Ground area
1.6 ha
Building footprint
2,489 m²
Volume, LiDAR
22,856 m³
2 parcels, Flanders, Wallonia · tallest building 19.2 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
2 establishment units
Brechtsebaan 114, 2900 Schoten
since 19692.002.558.466
Rue de l'Industrie 51, 5330 Assesse
since 20012.002.558.565
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92006B0220/00A003 | Wallonia | 1.3 ha | - | - |
| 11040D0210/00N007 | Flanders | 3,055 m² | 1 · 2,489 m² | 19.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 owner · 1 holdingOwners 1
- 3VEparentSourceaccounts 3VE 2024100%
Holdings 1
-
99.6%
According to the 2024 annual accounts of Pirobouw and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 2,819 EUR awarded · 1,484 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 149 EUR | 149 EUR |
| 2024 | 1 | 2,670 EUR | 1,335 EUR |
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Company details
Identification
Legal formPublic limited company
Founded01-03-1969
Fiscal year end31-12
Activities, NACEBEL 2025
20160Manufacture of chemicals and chemical products
23140Manufacture of other non-metallic mineral products
E-invoicing
Reachable via Peppol
Peppol ID
0208:0406496712
Registered
21-03-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.