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Pistor ASC

Active
Private limited companyfounded 20251 yr activeChaussée de Wégimont 337A, 4630 Soumagne, BelgiumKBO/BCE: BE 1022.284.582
Summary

Pistor ASC has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29,407 and a net result of €9,407. Its solvency ranks better than 38% of 1577 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

Checked score

Score 2025
Axes
Profitability77
Solvency45
Growth-
Track record67
Bankruptcy probability, 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 1.93; short-term debt: 26.9% and cash: 43.2% of total assets), but 79.8% of the assets are financed with debt.
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Signals

Five 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 10
Relative position
BE, all sectors
reference
Manufacture of food products (NACE 10)
about 60% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
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
20.2%
Return on assets
6.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 1 filing
Deviation from the deadline
2025
30 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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

History

On 11 April 2025, Pistor ASC was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€29,407
Total assets
€145,780
Net result
€9,407
Working capital
€36,370

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €145,780
Fixed assets €70,197
Current assets €75,583
Equity and liabilities €145,780
Equity €29,407
Debt €116,374
Debt finances 79.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€24,156
Cash flow
€17,595
Current ratio
1.93
Quick ratio
1.80
Debt to equity
3.96
ROE
32.0%
ROA
6.5%
Interest coverage
6.05
Debt ≤ 1 year
€39,213
Debt > 1 year
€67,723
Income taxes
€2,566
Staff costs
€85,403

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.2% went bankrupt
2.0% stopped otherwise
97% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,390 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 40 lines
Balance sheet Code2025
Assets
Total assets20/58€145,780
Fixed assets21/28€70,197
Tangible fixed assets22/27€70,197
Plant, machinery and equipment23€60,640
Furniture and vehicles24€9,557
Current assets29/58€75,583
Stocks and contracts in progress3€5,000
Stocks30/36€5,000
Amounts receivable within one year40/41€7,334
Trade receivables40€7,334
Cash at bank and in hand54/58€62,999
Deferred charges and accrued income490/1€250
Equity and liabilities
Total equity and liabilities10/49€145,780
Equity10/15€29,407
Contributions10/11€20,000
Profit (loss) carried forward14€9,407
Amounts payable17/49€116,374
Amounts payable after more than one year17€67,723
Financial debts170/4€67,723
Amounts payable within one year42/48€39,213
Current portion of amounts payable after more than one year42€18,858
Trade debts44€1,438
Suppliers440/4€1,438
Taxes, remuneration and social security45€18,813
Taxes450/3€7,660
Remuneration and social security454/9€11,153
Other amounts payable47/48€105
Accrued charges and deferred income492/3€9,438
Income statement Code2025
Remuneration, social security and pensions62€85,403
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,188
Other operating charges640/8€1,328
Gross operating margin9900€110,886
Operating profit (loss)9901€15,968
Financial charges65/66B€3,995
Recurring financial charges65€3,995
Profit (loss) for the period before taxes9903€11,973
Income taxes67/77€2,566
Profit (loss) for the period9904€9,407
Profit (loss) for the period to be appropriated9905€9,407
Appropriation of the result
Profit (loss) to be appropriated9906€9,407

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€85,403
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,188
Other operating charges640/8€1,328
Gross operating margin9900€110,886
Operating profit (loss)9901€15,968
Financial charges65/66B€3,995
Recurring financial charges65€3,995
Profit (loss) for the period before taxes9903€11,973
Income taxes67/77€2,566
Profit (loss) for the period9904€9,407
Profit (loss) for the period to be appropriated9905€9,407
Line2025
Assets
Total assets20/58€145,780
Fixed assets21/28€70,197
Tangible fixed assets22/27€70,197
Plant, machinery and equipment23€60,640
Furniture and vehicles24€9,557
Current assets29/58€75,583
Stocks and contracts in progress3€5,000
Stocks30/36€5,000
Amounts receivable within one year40/41€7,334
Trade receivables40€7,334
Cash at bank and in hand54/58€62,999
Deferred charges and accrued income490/1€250
Equity and liabilities
Total equity and liabilities10/49€145,780
Equity10/15€29,407
Contributions10/11€20,000
Profit (loss) carried forward14€9,407
Amounts payable17/49€116,374
Amounts payable after more than one year17€67,723
Financial debts170/4€67,723
Amounts payable within one year42/48€39,213
Current portion of amounts payable after more than one year42€18,858
Trade debts44€1,438
Suppliers440/4€1,438
Taxes, remuneration and social security45€18,813
Taxes450/3€7,660
Remuneration and social security454/9€11,153
Other amounts payable47/48€105
Accrued charges and deferred income492/3€9,438
Line2025
Profit (loss) for the period9904€9,407
+ Depreciation and write-downs630€8,188
Operating cash flow (approximation)€17,595

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
30-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Soumagne · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
506 m²
Building footprint
76 m²
Volume, LiDAR
622 m³
Parcel 62008C0004/00G000, Wallonia · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ARTISAN PISTOR
Chaussée de Wégimont(AYE) 337, 4630 SoumagneArtisanal bread and fresh pastry making
since 20252.372.674.933
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62008C0004/00G000 Wallonia 506 m² 1 · 76 m² 10.8 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Soumagne2.372.674.933
1 permission
Toelating · Bakkerij · since 25-04-2025

Similar companies · same sector, comparable size

Of 4,230 companies in sector 10712 we hold annual accounts for 1,875. 1,401 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded11-04-2025
Fiscal year end31-12
Trade name FR Artisan Pistor
Activities, NACEBEL 2025
10712Artisanal bread and fresh pastry making
47241Retail sale of bread and pastry (bakery outlets)
47242Retail sale of chocolate and confectionery
47252Retail sale of beverages, general range
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1022284582
Also 9925:BE1022284582
Registered 01-06-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.