Pishoudt
ActivePishoudt has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €224k and a net result of €2k. Equity is growing by ~12.9% per year across the filed fiscal years. Its solvency ranks better than 86% of 345 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▼-5
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 6.1 against 6.72 in 2024; short-term debt: 14.9% and cash: 66.3% of total assets), and 14.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
85.1%
Return on assets
0.9%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 23
Relative position
BE, all sectors
reference
Sector 23
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-05-2026, 84 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
84 d early
2024
83 d early
2023
79 d early
2022
80 d early
2021
79 d early
2020
78 d early
2019
84 d early
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€224k▼ 3.3%
2024 · €232k
2018: €86k
2019: €111k
2020: €149k
2021: €181k
2022: €197k
2023: €229k
2024: €232k
2018 → 2025
Total assets
€264k▼ 1.1%
2024 · €267k
2018: €132k
2019: €138k
2020: €165k
2021: €218k
2022: €231k
2023: €241k
2024: €267k
2018 → 2025
Net result
€2k▼ 81.4%
2024 · €13k
2018: €-19k
2019: €24k
2020: €38k
2021: €46k
2022: €30k
2023: €33k
2024: €13k
2018 → 2025
Working capital
€200k▲ 1.0%
2024 · €198k
2018: €83k
2019: €110k
2020: €147k
2021: €176k
2022: €179k
2023: €215k
2024: €198k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€181k-€197k▲ 8.8%€229k▲ 16.7%€232k▲ 1.2%€224k▼ 3.3%
Operating result€60k-€40k▼ 32.5%€46k▲ 12.9%€18k▼ 60.9%€6k▼ 66.9%
Net result€46k-€30k▼ 34.9%€33k▲ 8.3%€13k▼ 61.4%€2k▼ 81.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 67% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €264k
Fixed assets
€24k▼ 28.5%
Current assets
€240k▲ 2.8%
Equity and liabilities €264k
Equity
€224k▼ 3.3%
Debt
€39k▲ 13.4%
The debt ratio rises from 13.0% to 14.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€16k▼
2024 · €28k
Cash flow
€12k▼
2024 · €23k
Solvency
85.1%▼
2024 · 87.0%
Current ratio
6.10▼
2024 · 6.72
Quick ratio
5.94▼
2024 · 6.46
Debt / equity
0.18▲
2024 · 0.15
ROE
1.0%▼
2024 · 5.5%
ROA
0.9%▼
2024 · 4.7%
Interest coverage
12.93▼
2024 · 32.47
Debt
€39k▲
2024 · €35k
Debt ≤ 1 year
€39k▲
2024 · €35k
Income taxes
€2k▼
2024 · €4k
Staff costs
€143k▲
2024 · €135k
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€267k€264k▼
Fixed assets21/28€34k€24k▼
Tangible fixed assets22/27€33k€24k▼
Plant, machinery and equipment23€835€484▼
Furniture and vehicles24€30k€22k▼
Leasing and similar rights25€3k€2k▼
Financial fixed assets28€297€297=
Current assets29/58€233k€240k▲
Stocks and contracts in progress3€9k€6k▼
Stocks30/36€9k€6k▼
Amounts receivable within one year40/41€32k€51k▲
Trade receivables40€25k€41k▲
Other amounts receivable41€7k€10k▲
Cash at bank and in hand54/58€186k€175k▼
Deferred charges and accrued income490/1€6k€7k▲
Equity and liabilities
Total equity and liabilities10/49€267k€264k▼
Equity10/15€232k€224k▼
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€214k€206k▼
Distributable reserves133€214k€206k▼
Amounts payable17/49€35k€39k▲
Amounts payable within one year42/48€35k€39k▲
Trade debts44€20k€26k▲
Suppliers440/4€20k€26k▲
Advances received on contracts in progress46€60-
Taxes, remuneration and social security45€2k€235▼
Taxes450/3€2k€235▼
Other amounts payable47/48€12k€13k▲
Income statement
Code20242025
Non-recurring operating income76A-€60
Remuneration, social security and pensions62€135k€143k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€10k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€167k€162k▼
Operating profit (loss)9901€18k€6k▼
Financial income75/76B€75€59▼
Recurring financial income75€75€59▼
Financial charges65/66B€874€1k▲
Recurring financial charges65€874€1k▲
Profit (loss) for the period before taxes9903€17k€5k▼
Income taxes67/77€4k€2k▼
Profit (loss) for the period9904€13k€2k▼
Profit (loss) for the period to be appropriated9905€13k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€13k€2k▼
Transfer from equity791/2€181k€194k▲
Transfer to equity691/2€184k€186k▲
To other reserves6921€184k€186k▲
Profit to be distributed694/7€10k€10k=
Return on contributions (dividend)694€10k€10k=
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
Next filing, fiscal year 2026, expected by
2026
08-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
09-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
13-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 19.21
Current ratio from 6.19 to 19.21; short-term debt falls from €34k to €12k.
31-12
Financial
Equity above €200kEq €229k ▲16.7%
5 profitable years in a row build equity to €229k.
12-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
13-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €46k ▲21.6%
Operating result €60k, net result €46k, both a record.
31-12
Financial
Equity above €150kEq €181k ▲21.5%
3 profitable years in a row build equity to €181k.
14-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity doublescurrent ratio 10.15
Current ratio from 5.02 to 10.15; short-term debt falls from €27k to €16k.
08-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
31-12
Financial
Equity above €100kEq €111k ▲28%
Equity rises from €86k to €111k.
16-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB 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 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Evere · 1 establishment unit since 1983
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.
Lindestraat 991140 EvereGround area
279 m²
Building footprint
216 m²
Volume, LiDAR
1,551 m³
Parcel 21006A0427/02K003, Brussels · tallest building 12.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Lindestraat 99, 1140 Evere
since 19832.022.374.972
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21006A0427/02K003 | Brussels | 279 m² | 1 · 216 m² | 12.9 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
BT CONSTRUCT
BE 0452.557.656
Kruisem · Eq €214k
VITRERIE-MIROITERIE Jean Paul BRIERE
BE 0459.111.292
Ganshoren · Eq €197k
UNIGLAS
BE 0866.886.228
Mechelen · Eq €189k
GLASBEDRIJF GEORIS
BE 0444.091.536
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ETOILE MECANIQUE
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Of 66 companies in sector 23110 we hold annual accounts for 38. 27 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-04-1983
Fiscal year end31-12
Activities, NACEBEL
23110Manufacture of other non-metallic mineral products
43343Specialised construction activities
46900Non-specialised wholesale trade
51900
Sources
Crossroads Bank for EnterprisesNational Bank · 43 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.