PIRRELLO CONSTRUCTION
ActiveSummary
PIRRELLO CONSTRUCTION has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64k and a net result of €566. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 91% of 7453 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▼-30
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 4.87 against 3.0 in 2024; short-term debt: 14.6% and cash: 9.7% of total assets), and 14.6% 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 · 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 →
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
85.4%
Return on assets
0.8%
Age of the figures
9 mo
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 · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €64k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
28 d late
2024
28 d late
2023
5 d early
2022
31 d late
2021
30 d late
2020
30 d late
2019
135 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€566▼ 98.4%
2024 · €34k
2019: €-32k
2020: €-3k
2021: €-20k
2022: €-11k
2023: €39k
2024: €34k
2019 → 2025
Working capital
€42k▲ 2.0%
2024 · €41k
2019: €-17k
2020: €-11k
2021: €-23k
2022: €-24k
2023: €1k
2024: €41k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-2k-€-10k▼ 359%€29k€63k▲ 118%€64k▲ 0.9%
Operating result€-19k-€-11k▲ 43.9%€39k€42k▲ 7.1%€1k▼ 96.7%
Net result€-20k-€-11k▲ 42.9%€39k€34k▼ 12.3%€566▼ 98.4%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 97% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €75k
Fixed assets
€22k ▼ 1.1%
Current assets
€53k ▼ 14.4%
Equity and liabilities €75k
Equity
€64k ▲ 0.9%
Debt
€11k ▼ 47.2%
Debt's share of the balance-sheet total falls from 24.6% to 14.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€13k▼
2024 · €56k
Cash flow
€12k▼
2024 · €49k
Current ratio
4.87▲
2024 · 3.00
Debt to equity
0.17▼
2024 · 0.33
ROE
0.9%▼
2024 · 54.6%
ROA
0.8%▼
2024 · 41.2%
Interest coverage
49.47▼
2024 · 361.75
Debt ≤ 1 year
€11k▼
2024 · €21k
Income taxes
€1k▼
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€84k€75k▼
Fixed assets21/28€22k€22k▼
Tangible fixed assets22/27€22k€22k▼
Plant, machinery and equipment23-€1k
Furniture and vehicles24€22k€20k▼
Current assets29/58€62k€53k▼
Amounts receivable within one year40/41€33k€45k▲
Trade receivables40€33k€31k▼
Other amounts receivable41€401€14k▲
Cash at bank and in hand54/58€27k€7k▼
Deferred charges and accrued income490/1€2k€232▼
Equity and liabilities
Total equity and liabilities10/49€84k€75k▼
Equity10/15€63k€64k▲
Contributions10/11€56k€56k=
Profit (loss) carried forward14€8k€8k▲
Amounts payable17/49€21k€11k▼
Amounts payable within one year42/48€21k€11k▼
Financial debts43-€5k
Credit institutions430/8-€5k
Trade debts44€12k€2k▼
Suppliers440/4€12k€2k▼
Taxes, remuneration and social security45€7k€4k▼
Taxes450/3€7k€4k▼
Other amounts payable47/48€2k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€12k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€58k€15k▼
Operating profit (loss)9901€42k€1k▼
Financial income75/76B-€507
Recurring financial income75-€507
Financial charges65/66B€156€261▲
Recurring financial charges65€156€261▲
Profit (loss) for the period before taxes9903€42k€2k▼
Income taxes67/77€8k€1k▼
Profit (loss) for the period9904€34k€566▼
Profit (loss) for the period to be appropriated9905€34k€566▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€8k▲
Profit (loss) brought forward from the previous period14P€-27k€8k▲
The notes to these accounts (5 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 3.00
Current ratio from 1.05 to 3.00; short-term debt falls from €26k to €21k.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €39k
Net result €39k after 4 loss-making years.
31-12
Financial
Liquidity times 8current ratio 1.05
Current ratio from 0.13 to 1.05; short-term debt falls from €27k to €26k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
13-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 135 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, La Louvière · 1 establishment unit since 2018
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.
Rue de la Buissière(S-V) 487100 La LouvièreGround area
922 m²
Building footprint
142 m²
Volume, LiDAR
815 m³
Parcel 55038C0095/00A006, Wallonia · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PIRRELLO CONSTRUCTION
since 20182.287.694.817
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55038C0095/00A006 | Wallonia | 922 m² | 1 · 142 m² | 7.2 m · 2 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
MOUNT X
BE 0774.580.632
Machelen (Brab.) · Eq €63,722
CROSSBAT
BE 0723.940.791
Ichtegem · Eq €63,708
BUILDERS
BE 0471.805.723
As · Eq €63,729
ST&V
BE 0755.967.124
Beringen · Eq €63,695
ECOVESTA
BE 0765.944.365
Pelt · Eq €63,672
Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 13,202 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-04-2018
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:pirrello.construction@gmail.com
Phone:0496/894326