Financials
- Financial year
- 2026
- Total assets
- €182,464
- Loss
- -€10,925
- Solvency
- 77.5%
Total assets▼ 18.1%
Net result
20192026
PIRROEN
ActiveSummary
PIRROEN has been active since 1974 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €141,354 and a net result of -€10,925. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 81% of 451 sector peers (NACE 47, financial year 2026). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Activity
Retail sale of newspapers and periodicals
NACE 47621
5th oldest company in Boechout, Wholesale and retail trade sector1 site
Size
€182,464total assets 2026
- Equity
- €141,354
- Loss
- -€10,925
Turnover not published (micro format)
Why 70raises riskSector: Retail trade (NACE 47)Loss of €10,925 (financial year 2026)Liquidity: current ratio 4.12, cash €7,206, halvedlowers riskFounded in 1974Show the evidence
Checked score
Score 2026
70
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 46% of its sector peers (NACE 47, micro)
Financial strength · tick = 2025
Average
Solvency
100+7
equity 77.5% of total assets
Liquidity
47-6
short-term debt 22.5% · cash 3.9%
Profitability
11-89
return on assets -6.0%
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.9%
12-2024: 0.9%● unchanged vs 11-2024
01-2025: 0.9%● unchanged vs 12-2024
02-2025: 0.9%● unchanged vs 01-2025
03-2025: 0.9%● unchanged vs 02-2025
04-2025: 0.9%● unchanged vs 03-2025
05-2025: 0.9%● unchanged vs 04-2025
06-2025: 0.9%● unchanged vs 05-2025
07-2025: 0.9%● unchanged vs 06-2025
08-2025: 0.9%● unchanged vs 07-2025highest value
09-2025: 0.9%● unchanged vs 08-2025
10-2025: 0.1%▼ -0.8 percentage points vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026lowest value
05-2026: 0.1%● unchanged vs 04-2026lowest value
06-2026: 0.1%● unchanged vs 05-2026lowest value
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.6%▲ +0.5 percentage points vs 09-2026
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity ample (current ratio 4.12, compared with 2.95 in 2025, above the usual 1.5; short-term debt: 22.5% and cash: 3.9% of total assets), and 22.5% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 47, micro): better than 92% on solvency, 47% on liquidity, 18% on profitability and 29% on growth.
The bankruptcy probability was computed on 24-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 14-09-2026, 47 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
47 days early
2025
45 days early
2024
43 days early
2023
42 days early
2022
5 days early
2021
25 days early
2020
4 days 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 30 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 18 September (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
24-10-2026 today31-03-2027 year end31-10-2027 deadline
- Annual accounts filedfinancial year 2026 · micro…
- Resignation: Singh Harjit (director)Appointment: SINGH Varinder (director)
- Resignation: Schoors Alain (director)Appointment: Singh Harjit (director) ·…
Key points
- Caution: From profit to loss in 2026after €175,087 in 2025 -€10,925 View
- Caution: Board changedlatest change 01-07-2026 · 1 in office 1 joined · 2 left View
- Caution: Among the weakest 19% on net resultsector median €7,672 · 450 companies -€10,925 View
- Positive: Filed on time since financial year 2019accounts within the deadline every year 8 years View
- Active since 1974founded 08-01-1974 52 years View
By topic
Board & ownership
- Board
- 1 member
- Singh VarinderDirector
Timeline
- Events
- 55
- Since
- 1979
- Next accounts
- by 31-10-2027
- 16-09-2025Annual accounts filed
- 31-03-2025Highest result from 2019 to 2026
- 31-03-2025Equity above €150,000
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Retail sale of newspapers and periodicalsNACE 47621
- Founded
- 08-01-1974
- Year ends
- 31-03
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 1
See the provisions in the deeds
Go to Articles of associationKey facts about PIRROEN
- What is the company number of PIRROEN?
- 0413.815.856. In Belgium the VAT number is the company number with BE in front: BE 0413.815.856.
- Where is PIRROEN based?
- The registered office is at Heuvelstraat 49, 2530 Boechout.Company details
- What does PIRROEN do?
- According to the KBO register, the main activity is retail sale of newspapers and periodicals (NACE 47621).
- What is the legal form of PIRROEN?
- Private limited company (BV).
- When was PIRROEN founded?
- On 08-01-1974.
- Is PIRROEN still active?
- Yes, PIRROEN is an active enterprise in the KBO register.
- What is the turnover of PIRROEN?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is PIRROEN profitable?
- In financial year 2026, PIRROEN made a loss of €10,925.
- Where can I find the annual accounts of PIRROEN?
- PIRROEN filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of PIRROEN due?
- By 31-10-2027, for financial year 2027.Timeline
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