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PISTIS

Active
Private limited companyfounded 20178 yrs activeTerhulpsesteenweg 187, 1170 Watermaal-Bosvoorde, BelgiumKBO/BCE: BE 0686.793.949

PISTIS has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20k and a net result of €19k. Equity is shrinking by ~16.9% per year across the filed fiscal years. Its solvency ranks better than 16% of 12675 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
71 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85=
Solvency39▲+3
Growth22=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.18 against 1.16 in 2024; short-term debt: 85% and cash: 60.7% of total assets), and 85.9% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
14.1%
Return on assets
12.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 12675 sector peers (2025).
NBB · sector comparison
Position among 12675 sector peers
Solvency
better than 16%
← weakest strongest →
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 06-07-2026, 25 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
25 d early
2024
27 d late
2023
on the day
2022
4 d early
2021
2 d early
2020
2 d early
2019
90 d late
← 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 months
Position in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Turnover
€118k▼ 21.9%
2019 · €151k
2019: €151k
2019 → 2020
EBIT margin
25.9%▼ 16.5pp
2019 · 42.5%
2019: 42.5%
2019 → 2020
Net result
€19k▼ 24.1%
2024 · €25k
2018: €38k 2019: €49k 2020: €24k 2021: €12k 2022: €-3k 2023: €14k 2024: €25k
2018 → 2025
Working capital
€22k▼ 12.4%
2024 · €25k
2018: €-29k 2019: €31k 2020: €19k 2021: €46k 2022: €57k 2023: €7k 2024: €25k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€91k-€88k▼ 3.5%€20k▼ 76.6%€20k=€20k=
Operating result€15k-€-2k€20k€33k▲ 66.7%€25k▼ 23.6%
Net result€12k-€-3k€14k€25k▲ 74.1%€19k▼ 24.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€0€10k€20k€30kOperating result 2021: €15k€15kNet result 2021: €12k€12kOperating result 2022: €-2k€-2kNet result 2022: €-3k€-3kOperating result 2023: €20k€20kNet result 2023: €14k€14kOperating result 2024: €33k€33kNet result 2024: €25k€25kOperating result 2025: €25k€25kNet result 2025: €19k€19k20212022202320242025
The operating result falls in 2025; 2025 is 24% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €145k
Equity €20k=
Debt €124k▼ 24.6%
The debt ratio falls from 89.0% to 85.9%. Debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€27k
2024 · €55k
Cash flow
€20k
2024 · €47k
Solvency
14.1%
2024 · 11.0%
Current ratio
1.18
2024 · 1.16
Quick ratio
1.18
2024 · 1.16
Debt / equity
6.08
2024 · 8.07
ROE
91.4%
2024 · 120.4%
ROA
12.9%
2024 · 13.3%
Interest coverage
87.91
2024 · 117.03
Debt
€124k
2024 · €165k
Debt ≤ 1 year
€123k
2024 · €159k
Debt > 1 year
€1k
2024 · €6k
Income taxes
€6k
2024 · €8k
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€186k€145k
Fixed assets21/28€2k-
Tangible fixed assets22/27€2k-
Plant, machinery and equipment23€526-
Furniture and vehicles24€1k-
Current assets29/58€184k€145k
Amounts receivable within one year40/41€42k€55k
Trade receivables40€40k€45k
Other amounts receivable41€2k€10k
Cash at bank and in hand54/58€140k€88k
Deferred charges and accrued income490/1€2k€2k
Equity and liabilities
Total equity and liabilities10/49€186k€145k
Equity10/15€20k€20k=
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Amounts payable17/49€165k€124k
Amounts payable after more than one year17€6k€1k
Financial debts170/4€6k€1k
Amounts payable within one year42/48€159k€123k
Current portion of amounts payable after more than one year42€5k€5k
Trade debts44€68k€38k
Suppliers440/4€68k€38k
Taxes, remuneration and social security45€3k€5k
Taxes450/3€3k€5k
Other amounts payable47/48€83k€75k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€2k
Other operating charges640/8€564€582
Gross operating margin9900€56k€27k
Operating profit (loss)9901€33k€25k
Financial charges65/66B€471€305
Recurring financial charges65€471€305
Profit (loss) for the period before taxes9903€32k€25k
Income taxes67/77€8k€6k
Profit (loss) for the period9904€25k€19k
Profit (loss) for the period to be appropriated9905€25k€19k
Appropriation of the result
Profit (loss) to be appropriated9906€25k€19k
Profit to be distributed694/7€25k€19k
Return on contributions (dividend)694€25k€19k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
06-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
27-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €14k
Net result €14k after one loss-making year.
27-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet €-3k ▼127%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
29-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
29-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
29-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
31-12
Financial Highest result since 2018net €49k ▲30%
Operating result €64k, net result €49k, both a record.
31-12
Financial Equity above €100kEq €105k ▲87.1%
2 profitable years in a row build equity to €105k.
30-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Watermaal-Bosvoorde · 1 establishment unit since 2017
establishment The establishment unit on the map
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.

Terhulpsesteenweg 1871170 Watermaal-Bosvoorde
Ground area
9,553 m²
Building footprint
1,129 m²
Volume, LiDAR
22,443 m³
Parcel 21652E0051/00S002, Brussels · tallest building 25.2 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
PISTIS
Terhulpsesteenweg 187, 1170 Watermaal-BosvoordeOther legal services
since 20172.271.174.529
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21652E0051/00S002 Brussels 9,553 m² 1 · 1,129 m² 25.2 m · 6 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

Of 2,761 companies in sector 69109 we hold annual accounts for 1,209. 786 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded23-12-2017
Fiscal year end31-12
Activities, NACEBEL
69109Other legal services
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
82990Other business support services
85592Vocational training
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.