PiroPro
ActivePiroPro has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €146k and a net result of €-577. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 95% of 2090 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
70
/ 100
Healthy▼ -24 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-22
Solvency100▲+10
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 14.09 against 1.57 in 2023), and 1.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
98.3%
Return on assets
-0.4%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
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 →
Financials · fiscal year 2024, abbreviated schema
Equity
€146k▼ 0.4%
2023 · €147k
2018: €131k
2019: €138k
2020: €138k
2021: €139k
2022: €140k
2023: €147k
2018 → 2024
Total assets
€149k▼ 10.1%
2023 · €166k
2018: €362k
2019: €1.56M
2020: €239k
2021: €230k
2022: €189k
2023: €166k
2018 → 2024
Net result
€-577
2023 · €7k
2018: €2k
2019: €7k
2020: €448
2021: €334
2022: €2k
2023: €7k
2018 → 2024
Working capital
€31k▲ 195%
2023 · €11k
2018: €-88k
2019: €-64k
2020: €-64k
2021: €-41k
2022: €-17k
2023: €11k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€138k-€139k▲ 0.2%€140k▲ 1.3%€147k▲ 4.7%€146k▼ 0.4%
Operating result€1k-€1k▼ 28.3%€3k▲ 180%€10k▲ 227%€146▼ 98.5%
Net result€448-€334▼ 25.4%€2k▲ 432%€7k▲ 268%€-577
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 falls in 2024; 2024 is 99% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €149k
Fixed assets
€115k▼ 15.5%
Current assets
€34k▲ 15.3%
Equity and liabilities €149k
Equity
€146k▼ 0.4%
Debt
€3k▼ 86.6%
The debt ratio falls from 11.3% to 1.7%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€21k▼
2023 · €31k
Cash flow
€21k▼
2023 · €28k
Solvency
98.3%▲
2023 · 88.7%
Current ratio
14.09▲
2023 · 1.57
Quick ratio
14.09▲
2023 · 1.57
Debt / equity
0.02▼
2023 · 0.13
ROE
-0.4%▼
2023 · 4.4%
ROA
-0.4%▼
2023 · 3.9%
Interest coverage
29.50▼
2023 · 35.17
Debt
€3k▼
2023 · €19k
Debt ≤ 1 year
€2k▼
2023 · €19k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€166k€149k▼
Fixed assets21/28€137k€115k▼
Intangible fixed assets21€131k€110k▼
Tangible fixed assets22/27€5k€5k=
Land and buildings22€5k€5k=
Current assets29/58€29k€34k▲
Amounts receivable within one year40/41€28k€28k▲
Trade receivables40€28k€28k▲
Other amounts receivable41€8€192▲
Cash at bank and in hand54/58€2k€5k▲
Equity and liabilities
Total equity and liabilities10/49€166k€149k▼
Equity10/15€147k€146k▼
Contributions10/11€137k€137k=
Capital10€137k€137k=
Issued capital100€137k€137k=
Reserves13€1k€1k=
Non-distributable reserves130/1€1k€1k=
Legal reserve130€1k€1k=
Profit (loss) carried forward14€9k€8k▼
Amounts payable17/49€19k€3k▼
Amounts payable within one year42/48€19k€2k▼
Trade debts44€16k-
Suppliers440/4€16k-
Taxes, remuneration and social security45€2k€2k=
Taxes450/3€2k€2k=
Accrued charges and deferred income492/3€130€128▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€21k=
Other operating charges640/8€578€753▲
Gross operating margin9900€32k€22k▼
Operating profit (loss)9901€10k€146▼
Financial charges65/66B€881€723▼
Recurring financial charges65€881€723▼
Profit (loss) for the period before taxes9903€9k€-577▼
Income taxes67/77€2k-
Profit (loss) for the period9904€7k€-577▼
Profit (loss) for the period to be appropriated9905€7k€-577▼
Appropriation of the result
Profit (loss) to be appropriated9906€10k€8k▼
Profit (loss) brought forward from the previous period14P€3k€9k▲
Transfer to equity691/2€660-
To the legal reserve6920€660-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-577 ▼109%
Net result drops to €-577, the lowest in the series.
31-12
Financial
Liquidity times 9current ratio 14.09
Current ratio from 1.57 to 14.09; short-term debt falls from €19k to €2k.
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity doublescurrent ratio 1.57
Current ratio from 0.64 to 1.57; short-term debt falls from €49k to €19k.
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
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €7k ▲240%
Net result €7k, the highest in the series.
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 directors, no change since 2024
Frederic Vermeiren
CurrentManaging director · since 01-02-2024
Julie Vermeiren
CurrentManaging director · since 01-02-2024
01-02-2024
Frederic Vermeiren: Appointed as Managing director
01-02-2024
Julie Vermeiren: Appointed as Managing director
01-02-2024
Kristof Vermeiren: Resigned as Managing director
Location & real-estate footprint
Registered office, Schoten · 1 establishment unit since 2016
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.
Brechtsebaan 1142900 SchotenGround area
3,055 m²
Building footprint
2,489 m²
Volume, LiDAR
22,856 m³
Parcel 11040D0210/00N007, Flanders · tallest building 19.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PiroPro
since 20162.254.604.256
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11040D0210/00N007 | Flanders | 3,055 m² | 1 · 2,489 m² | 19.2 m · 3 fl. |
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
Aannemingen Ruw
BE 0782.342.513
Genk · Eq €146k
TAMAS
BE 0773.562.825
Koekelberg · Eq €146k
AGR & R
BE 0880.652.310
Kruisem · Eq €146k
BATIBOQ
BE 0693.788.936
Virton · Eq €146k
NERM
BE 0419.156.202
Brussel · Eq €146k
Of 29,531 companies in sector 41001 we hold annual accounts for 15,864. 12,543 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded24-05-2016
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43230Insulation installation
43291Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@piropro.be
Phone:03/666.15.70