Equity
€450,936 ▲ 118%
PIRON PROPERTIES has made a profit without a break since 2023.
PIRON PROPERTIES
Lifetime
6 annual accounts with figures on one time axispeak €548,361 (2025)
€548,361▲ 63.8%
lowest -€22,179 (2022)
€244,345▲ 354%
peak €450,936 (2025)
€450,936▲ 118%
€1.2m▼ 48.4%
peak 1 FTE (2023)
1 FTEunchanged
Board1 name since 2019
1 directorPiron David
Owners
100%David Piron
Documentsfilings and deeds
01-04-202629 days before the deadline
2025abbreviated format
Gross margin from €334,685 to €548,361Result from €53,835 to €244,345Equity from €206,591 to €450,936Debts from €2.3m to €1.2mCash from €12,587 to €16,995
Key points
from the 2025 annual accountsResult
€244,345 ▲ 354%
The result rose in 2025 from €53,835 to €244,345.
Turnover
≈ €1.3m estimated
The accounts state no turnover.
Debts
€1.2m 73% of the balance sheet
Financial debts 58%Suppliers 3%Taxes and wages 6%Other 32%
Of this, €503,430 falls due within a year.
Filings
6 annual accounts 1 late
The 2021 accounts came 200 days late. The other five were filed on time.
Position in the sector
€244,345
Higher net result than 88% of companies in real estate. Sector median €9,988 · 11,280 companies.
Checked score
84
Excellent
Financially stronger than 64% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.3%
01-2025: 1.3%● unchanged vs 12-2024
02-2025: 1.3%● unchanged vs 01-2025
03-2025: 1.4%▲ +0.1 percentage points vs 02-2025highest value
04-2025: 1.4%● unchanged vs 03-2025
05-2025: 0.8%▼ -0.6 percentage points vs 04-2025
06-2025: 0.7%▼ -0.1 percentage points vs 05-2025
07-2025: 0.7%● unchanged vs 06-2025
08-2025: 0.7%● unchanged vs 07-2025
09-2025: 0.7%● unchanged vs 08-2025
10-2025: 0.7%● unchanged vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.9%▲ +0.2 percentage points vs 11-2025
01-2026: 0.9%● unchanged vs 12-2025
02-2026: 1.0%▲ +0.1 percentage points vs 01-2026
03-2026: 1.1%▲ +0.1 percentage points vs 02-2026
04-2026: 1.2%▲ +0.1 percentage points vs 03-2026
05-2026: 0.5%▼ -0.7 percentage points vs 04-2026
06-2026: 0.3%▼ -0.2 percentage points vs 05-2026lowest value
07-2026: 0.3%● unchanged vs 06-2026lowest value
08-2026: 0.3%● unchanged vs 07-2026lowest value
09-2026: 0.5%▲ +0.2 percentage points vs 08-2026
10-2026: 0.5%● unchanged vs 09-2026
11-2026: 0.5%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
1 change of registered office in 24 months
lowers risk
Sector: Real estate activities (NACE 68)
Figures for financial year 2025 (filed on 01-04-2026)
Size: 1 FTE, total assets €1.7m
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 68, micro). It does better than 47% of them on solvency, 31% on liquidity, 84% on profitability and 93% on growth.
The bankruptcy probability was computed on 07-11-2026 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 30-09-2025.
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, 6,713 companies had the same profile as PIRON PROPERTIES has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PIRON PROPERTIES itself: 0.5% 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 6,713 companies, not a prediction for PIRON PROPERTIES. 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 €35,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.35 (2.01 in 2024), above the usual 1.5. Short-term debt is 30.4% and cash 1% of total assets. However, 72.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 01-04-2026, 29 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
29 days early
2024
1 day early
2023
on the day
2022
on the day
2021
200 days late
2020
29 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 24 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 30 April (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end08-11-2026 today30-04-2027 deadline
Recent changes
Registered office moved from Lochristi to Ursel
New registered office: Urselseweg 158, 9910 Ursel · Previous registered office: Ruilare 47, 9080 Lochristi · Board meeting of 30-06-2026 · Gazette deed
Environmental permit granted
Verwijderen van vrijstaande gebouwen · Zele
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0722685830
Environmental permit granted
Hoogstammige bomen vellen die geen deel uitmaken van een bos, Slopen van niet vrijstaande gebouwen of constructies, Verwijderen van vrijstaande gebouwen · Lokeren
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PIRON PROPERTIES Aalter | €1.7m | €548,361 | 27.2% | 1 |
| Whitewood Logistics Brussels | €1.6m | €402,454 | 23.9% | 1 |
| DSM WONEN Sint-Niklaas | €1.7m | €498,450 | 31.0% | 1.1 |
| HAUSLINE Ghent | €3.3m | €260,473 | 14.4% | 0.9 |
| Veulen Estate Heers | €3.6m | €378,230 | 29.7% | 1 |
| IMMO DUMONT La Hulpe | €1.3m | €421,774 | 10.9% | 2.7 |
| Immo D'Hondt Beheer Oudenaarde | €0.9m | €388,414 | 37.5% | 2.9 |
These companies have the same main activity as PIRON PROPERTIES: property management for co-owned buildings (syndics) (NACE 68321). They are comparable in size and age: total assets between €944,000 and €3.6m, founded between 2013 and 2021.
Official details
Source: KBO- Status
- Active since 13-03-2019Normal situation
- Activity
- Property management for co-owned buildings (syndics)NACE 68321and 2 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 30-09-2023
- Establishment unit
- 2.286.590.4039910 Aalter, since 13-03-2019
- Financial year end
- 30 September
- Peppol
- Reachable since 29-12-2025
Annual accounts to 30-09-2025
- €1.7m▼ 34.8%
- Employeeson 30-09-2025
- 1=
- Filing
- Filed on 01-04-2026, 29 days before the end of the filing period
Insights on PIRON PROPERTIES
PIRON PROPERTIES files the abbreviated format. That format states no turnover. The gross margin rose from -€108,358 in 2020 to €548,361 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 PIRON PROPERTIES
- What is the company number of PIRON PROPERTIES?
- The company number of PIRON PROPERTIES is 0722.685.830. The VAT number is the same number with BE in front: BE 0722.685.830.
- Where is PIRON PROPERTIES based?
- The registered office is at Urselseweg 158, 9910 Aalter.Company details
- What does PIRON PROPERTIES do?
- According to the KBO register, the main activity is property management for co-owned buildings (syndics) (NACE 68321).
- What is the legal form of PIRON PROPERTIES?
- PIRON PROPERTIES is a private limited company (BV).
- When was PIRON PROPERTIES founded?
- PIRON PROPERTIES was founded on 13-03-2019.
- Is PIRON PROPERTIES still active?
- Yes, PIRON PROPERTIES is an active enterprise in the KBO register.
- How many employees does PIRON PROPERTIES have?
- PIRON PROPERTIES had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does PIRON PROPERTIES fall under?
- In its 30-09-2023 annual accounts, PIRON PROPERTIES states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of PIRON PROPERTIES?
- The turnover in financial year 2025 is ≈ €1.3m. This figure is estimated from the gross margin of €548,361 and 30 comparable companies (NACE 683). It probably lies between €940,000 and €1.7m.
- Is PIRON PROPERTIES profitable?
- In financial year 2025, PIRON PROPERTIES made a profit of €244,345.
- Where can I find the annual accounts of PIRON PROPERTIES?
- PIRON PROPERTIES filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PIRON PROPERTIES due?
- PIRON PROPERTIES must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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