PIRON PROPERTIES
ActivePIRON PROPERTIES has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €451k and a net result of €244k. Equity is growing by ~35.2% per year across the filed fiscal years. Its solvency ranks better than 46% of 9183 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▲+52
Solvency52▲+19
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.35 against 2.01 in 2024; short-term debt: 30.4% and cash: 1% of total assets), but 72.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
27.2%
Return on assets
14.7%
Age of the figures
12 mo
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 d early
2024
1 d early
2023
on the day
2022
on the day
2021
200 d late
2020
29 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€451k▲ 118%
2024 · €207k
2020: €75k
2021: €99k
2022: €77k
2023: €153k
2024: €207k
2020 → 2025
Total assets
€1.66M▼ 34.8%
2024 · €2.54M
2020: €1.03M
2021: €1.64M
2022: €2.05M
2023: €2.42M
2024: €2.54M
2020 → 2025
Net result
€244k▲ 354%
2024 · €54k
2020: €62k
2021: €25k
2022: €-22k
2023: €76k
2024: €54k
2020 → 2025
Working capital
€681k▼ 34.6%
2024 · €1.04M
2020: €931k
2021: €1.50M
2022: €1.63M
2023: €1.28M
2024: €1.04M
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€99k-€77k▼ 22.3%€153k▲ 97.9%€207k▲ 35.2%€451k▲ 118%
Operating result€63k-€-9k€173k€170k▼ 2.0%€389k▲ 129%
Net result€25k-€-22k€76k€54k▼ 28.7%€244k▲ 354%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 129% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.66M
Fixed assets
€473k▼ 0.1%
Current assets
€1.18M▼ 42.8%
Equity and liabilities €1.66M
Equity
€451k▲ 118%
Debt
€1.21M▼ 48.4%
The debt ratio falls from 91.9% to 72.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€390k▲
2024 · €171k
Cash flow
€245k▲
2024 · €55k
Solvency
27.2%▲
2024 · 8.1%
Current ratio
2.35▲
2024 · 2.01
Quick ratio
0.33▼
2024 · 0.54
Debt / equity
2.68▼
2024 · 11.31
ROE
54.2%▲
2024 · 26.1%
ROA
14.7%▲
2024 · 2.1%
Interest coverage
6.20▲
2024 · 1.68
Debt
€1.21M▼
2024 · €2.34M
Debt ≤ 1 year
€503k▼
2024 · €1.03M
Debt > 1 year
€703k▼
2024 · €1.31M
Income taxes
€82k▲
2024 · €14k
Staff costs
€109k▲
2024 · €105k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.54M€1.66M▼
Fixed assets21/28€474k€473k▼
Tangible fixed assets22/27€474k€473k▼
Land and buildings22€471k€471k=
Furniture and vehicles24€3k€2k▼
Current assets29/58€2.07M€1.18M▼
Stocks and contracts in progress3€1.51M€1.02M▼
Stocks30/36€1.51M€1.02M▼
Amounts receivable within one year40/41€547k€149k▼
Trade receivables40€543k€149k▼
Other amounts receivable41€4k€87▼
Cash at bank and in hand54/58€13k€17k▲
Deferred charges and accrued income490/1€924€807▼
Equity and liabilities
Total equity and liabilities10/49€2.54M€1.66M▼
Equity10/15€207k€451k▲
Contributions10/11€12k€12k=
Reserves13€140k€439k▲
Distributable reserves133€140k€439k▲
Profit (loss) carried forward14€54k-
Amounts payable17/49€2.34M€1.21M▼
Amounts payable after more than one year17€1.31M€703k▼
Financial debts170/4€1.31M€703k▼
Amounts payable within one year42/48€1.03M€503k▼
Current portion of amounts payable after more than one year42€22k-
Trade debts44€2k€35k▲
Suppliers440/4€2k€35k▲
Advances received on contracts in progress46€48k€327k▲
Taxes, remuneration and social security45€13k€77k▲
Taxes450/3-€64k
Remuneration and social security454/9€13k€13k▲
Other amounts payable47/48€944k€65k▼
Income statement
Code20242025
Remuneration, social security and pensions62€105k€109k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€668▼
Other operating charges640/8€58k€50k▼
Gross operating margin9900€335k€548k▲
Operating profit (loss)9901€170k€389k▲
Financial income75/76B-€17
Recurring financial income75-€17
Financial charges65/66B€102k€63k▼
Recurring financial charges65€102k€63k▼
Profit (loss) for the period before taxes9903€68k€326k▲
Income taxes67/77€14k€82k▲
Profit (loss) for the period9904€54k€244k▲
Profit (loss) for the period to be appropriated9905€54k€244k▲
Appropriation of the result
Profit (loss) to be appropriated9906€54k€298k▲
Profit (loss) brought forward from the previous period14P-€54k
Transfer to equity691/2-€298k
To other reserves6921-€298k
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-08
State Gazette act
Registered officeBoard meeting · Registered-office move2 facts ▸
State Gazette act
Registered office
Board meeting · Registered-office move2 facts ▸
- Board meeting, 30/06/2026
- Registered-office move, Urselseweg 158, 9910 Ursel
01-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Highest result since 2020net €244k ▲354%
Operating result €389k, net result €244k, both a record.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Equity above €200kEq €207k ▲35.2%
2 profitable years in a row build equity to €207k.
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Back to profitnet €76k
Net result €76k after one loss-making year.
30-09
Financial
Equity above €150kEq €153k ▲97.9%
Equity rises from €77k to €153k.
30-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 200 days late
30-09
Financial
Weakest financial yearnet €-22k ▼189%
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
2021
01-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Aalter · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Urselseweg 1589910 AalterGround area
2,761 m²
Parcel 44067C0419/00G000, Flanders. Linked by address, not a title deed.
1 establishment unit
Urselseweg 158, 9910 Aalter
since 20192.286.590.403
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44067C0419/00G000 | Flanders | 2,761 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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ALVARIUM
BE 0738.829.402
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VASTGOED DEMEYER
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ABG INVEST
BE 0758.702.425
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VANSWEEVELT VASTGOED
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Turnhout · Eq €456k
Of 3,768 companies in sector 68321 we hold annual accounts for 1,391. 922 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-03-2019
Fiscal year end30-09
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
68321Property management for co-owned buildings (syndics)
68322Real estate activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.