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PIRTEK LUMMEN

Active
Private limited companyfounded 2019active for 7 yearsKlaverbladstraat 16, 3560 Lummen, BelgiumKBO/BCE: BE 0732.505.396
Summary

The computed 12-month bankruptcy probability of PIRTEK LUMMEN is 6.8% (elevated). The 2025 annual accounts show negative equity (-€362,152) and a net result of -€42,270. Equity is shrinking by about 31% per year across the filed financial years. Its solvency ranks better than 5% of 478 sector peers (NACE 28, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
PIRTEK LUMMENActiveChecked score 33/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of machinery and equipment not elsewhere classified
NACE 28120
1 site
Size
€376,160total assets 2025
Staff
6.9 FTE
Equity
-€362,152
Loss
-€42,270
Turnover not published (abbreviated format)
Financial health
33 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
6.8%
Structure
Parent
Franchise Brands PLC
Auditor: PKF Bofidi Audit BV2025 accounts filed 59 days late4 of 10 deeds summarised
Why 33raises riskNegative equity -€362,152Size: 6.9 FTE, total assets €376,160Last filed accounts filed 59 days late; 1 of the last 3 lateLoss of €42,270, the second in a row (financial year 2025)Show the evidence

Checked score

Score 2025
33 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 12% of its sector peers (NACE 28, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -96.3% of total assets
Liquidity 9-6
short-term debt 193.5% · cash 7.4%
Profitability 11+8
return on assets -11.2%
Bankruptcy probability, 12 months
6.8% Elevated
0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (978 companies, NACE 28, micro)
Last 24 months 11-2024: 4.5% 12-2024: 4.5%● unchanged vs 11-2024 01-2025: 4.5%● unchanged vs 12-2024 02-2025: 4.5%● unchanged vs 01-2025 03-2025: 4.7%▲ +0.2 percentage points vs 02-2025 04-2025: 4.7%● unchanged vs 03-2025 05-2025: 4.7%● unchanged vs 04-2025 06-2025: 4.6%▼ -0.1 percentage points vs 05-2025 07-2025: 5.1%▲ +0.5 percentage points vs 06-2025 08-2025: 3.6%▼ -1.5 percentage points vs 07-2025lowest value 09-2025: 3.6%● unchanged vs 08-2025lowest value 10-2025: 3.7%▲ +0.1 percentage points vs 09-2025 11-2025: 4.3%▲ +0.6 percentage points vs 10-2025 12-2025: 4.3%● unchanged vs 11-2025 01-2026: 4.2%▼ -0.1 percentage points vs 12-2025 02-2026: 4.2%● unchanged vs 01-2026 03-2026: 4.1%▼ -0.1 percentage points vs 02-2026 04-2026: 4.1%● unchanged vs 03-2026 05-2026: 4.1%● unchanged vs 04-2026 06-2026: 3.9%▼ -0.2 percentage points vs 05-2026 07-2026: 4.2%▲ +0.3 percentage points vs 06-2026 08-2026: 4.9%▲ +0.7 percentage points vs 07-2026 09-2026: 5.2%▲ +0.3 percentage points vs 08-2026 10-2026: 6.8%▲ +1.6 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.36, compared with 0.42 in 2024, below 1; short-term debt: 193.5% and cash: 7.4% of total assets), and equity is negative.
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 28, micro): better than 4% on solvency, 8% on liquidity, 14% on profitability and 23% 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

Six signals.
raises risk
raises risk · Negative equity -€362,152
NBB · annual accounts
raises risk · Size: 6.9 FTE, total assets €376,160
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Last filed accounts filed 59 days late; 1 of the last 3 late
NBB · filings
raises risk · Loss of €42,270, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
20212223232425
2020 to 2025 · latest year -€362,152
raises risk · 2025 accounts filed 59 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-09-2026, 59 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filings
Deviation from the deadline
2025
59 days late
2024
30 days early
2023
29 days late
2023
29 days early
2022
20 days early
2021
9 days early
2020
1 day 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 on the deadline day; the sector median (NACE 28) for financial year 2024 is 11 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (3 of the last 3 filed years within 60 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Resignation: Charles Falla (director)Director discharge
  3. Appointment: PKF Bofidi Audit BV (statutory…Gazette deed

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€362,152 View
  • Risk: 7 loss-making years in a rowloss financial year 2025 -€42,270 View
  • Caution: Among the weakest 5% on solvencysector median 44.8% · 478 companies -96.3% View
  • Controlled by Franchise Brands PLC parent View

By topic

Financials

Financial year
2025
Total assets
€376,160
Loss
-€42,270
Solvency
-96.3%
Turnover▲ 129%
Net result
20232024
Go to Financials

Board & ownership

Board
1 member
Parent
Franchise Brands PLC
Auditor
PKF Bofidi Audit BV
  • Andrew John MallowsDirector
Go to Board & ownership

Timeline

Events
12
Since
2020
Next accounts
by 31-07-2027
  1. 25-07-2025Resignation: Christopher Stuckey (director)
  2. 01-07-2025Annual accounts filed
  3. 29-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of machinery and equipment not elsewhere classifiedNACE 28120
Founded
09-08-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about PIRTEK LUMMEN

What is the company number of PIRTEK LUMMEN?
0732.505.396. In Belgium the VAT number is the company number with BE in front: BE 0732.505.396.
Where is PIRTEK LUMMEN based?
The registered office is at Klaverbladstraat 16, 3560 Lummen.Company details
What does PIRTEK LUMMEN do?
According to the KBO register, the main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28120).
What is the legal form of PIRTEK LUMMEN?
Private limited company (BV).
When was PIRTEK LUMMEN founded?
On 09-08-2019.
Is PIRTEK LUMMEN still active?
Yes, PIRTEK LUMMEN is an active enterprise in the KBO register.
How many employees does PIRTEK LUMMEN have?
On average 6.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of PIRTEK LUMMEN?
€887,364 in financial year 2024, according to the filed annual accounts.
Is PIRTEK LUMMEN profitable?
In financial year 2025, PIRTEK LUMMEN made a loss of €42,270.
Where can I find the annual accounts of PIRTEK LUMMEN?
PIRTEK LUMMEN filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PIRTEK LUMMEN due?
By 31-07-2027, for financial year 2026.Timeline

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