PITEC
ActiveSummary
PITEC has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €47,138. Equity remains stable across the filed fiscal years (±0.8% per year). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
What they do
Business and other management consultancy
NACE 70200Business consulting NACE 70220NACE 74142
1 site
How big
€1.3mtotal assets 2025
- Equity
- €1.1m
- Profit
- €47,138
Turnover not published (abridged schema)
Who decides
Accounts 43 d early0 of 7 deeds read
Why 82+ Lower-failure-rate sector+ Long track record+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-2
Solvency100=
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90,000 at 30 days acceptable
Liquidity ample (current ratio 5.31 against 17.6 in 2024; short-term debt: 17.4% and cash: 5.5% of total assets), and 17.4% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
82.6%
Return on assets
3.5%
Age of the figures
9 mo
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 18-06-2026, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 d early
2024
46 d early
2023
56 d early
2022
46 d early
2021
2 d late
2020
17 d early
2019
10 d late
← 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 28 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 15 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Financials
Fiscal year 2025Total assets €1.3mProfit €47,138Solvency 82.6%Liquidity 5.31
Total assets
€1.3m▲ 4.5%
2018 - 2025
Net result
€47,138▼ 23.1%
2018 - 2025
Equity
€1.1m▼ 9.1%
2018 - 2025
Solvency
82.6%▼ 12.3pp
2018 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€0.001m€0.05m▲ 7,463%€0.07m▲ 25.3%€0.07m▼ 1.1%€0.05m▼ 18.7%
Net result€0.008mwithin the sector's middle half▼ 94.9%€0.04mwithin the sector's middle half▲ 403%€0.07mabove the sector's middle half▲ 71.4%€0.06mwithin the sector's middle half▼ 9.8%€0.05m▼ 23.1%
Equity€1.4mabove the sector's middle half▲ 0.6%€1.2mabove the sector's middle half▼ 13.3%€1.2mabove the sector's middle half▼ 2.0%€1.2mabove the sector's middle half▲ 5.3%€1.1m▼ 9.1%
Total assets€1.4mabove the sector's middle half▲ 3.4%€1.5mabove the sector's middle half▲ 3.6%€1.2mabove the sector's middle half▼ 17.7%€1.3mabove the sector's middle half▲ 4.6%€1.3m▲ 4.5%
Debt€0.08m▲ 104%€0.3m▲ 296%€0.07m▼ 77.2%€0.07m▼ 6.0%€0.2m▲ 253%
Working capital€1.2mabove the sector's middle half▼ 0.4%€1.1mabove the sector's middle half▼ 13.3%€1.1mabove the sector's middle half▼ 2.2%€1.1mabove the sector's middle half▲ 4.4%€1.0m▼ 8.5%
Solvency94.6%above the sector's middle half▼ 2.7pp79.2%above the sector's middle half▼ 15.4pp94.3%above the sector's middle half▲ 15.0pp94.8%above the sector's middle half▲ 0.6pp82.6%▼ 12.3pp
Current ratio17.08above the sector's middle half▼ 16.564.49above the sector's middle half▼ 12.5916.19above the sector's middle half▲ 11.7017.60above the sector's middle half▲ 1.415.31▼ 12.30
Return on assets (ROA)0.5%below the sector's middle half▼ 10.5pp2.6%within the sector's middle half▲ 2.1pp5.5%within the sector's middle half▲ 2.9pp4.8%within the sector's middle half▼ 0.8pp3.5%▼ 1.3pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 19% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.3m
Fixed assets
€101,066 ▼ 14.0%
Current assets
€1.2m ▲ 6.3%
Equity and liabilities €1.3m
Equity
€1.1m ▼ 9.1%
Debt
€234,799 ▲ 253%
Debt's share of the balance-sheet total rises from 5.2% to 17.4%. Equity is lower and debt is higher.
Key figures and ratios
Key figures and ratios
EBITDA
€76,008▼
2024 · €85,702
Cash flow
€69,340▼
2024 · €80,757
Debt to equity
0.21▲
2024 · 0.05
ROE
4.2%▼
2024 · 5.0%
Interest coverage
258.08▲
2024 · 217.27
Debt ≤ 1 year
€234,799▲
2024 · €66,562
Income taxes
€20,682▼
2024 · €25,002
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 14,732 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.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €0 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,033 | €15,082 | €15,390 | €19,481 | €22,202 | ▲ 14.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €5,000 | - |
| Other operating charges640/8 | €2,197 | €2,532 | €1,930 | €2,873 | €1,436 | ▼ 50.0% |
| Gross operating margin9900 | €16,937 | €71,077 | €84,299 | €88,575 | €82,444 | ▼ 6.9% |
| Operating profit (loss)9901 | €707 | €53,464 | €66,979 | €66,221 | €53,806 | ▼ 18.7% |
| Financial income75/76B | €12,630 | €15,244 | €15,881 | €20,451 | €14,308 | ▼ 30.0% |
| Recurring financial income75 | €12,630 | €15,244 | €15,881 | €20,451 | €14,308 | ▼ 30.0% |
| Financial charges65/66B | €424 | €10,040 | -€9,880 | €394 | €295 | ▼ 25.3% |
| Recurring financial charges65 | €424 | €10,040 | -€9,880 | €394 | €295 | ▼ 25.3% |
| Profit (loss) for the period before taxes9903 | €12,913 | €58,668 | €92,739 | €86,278 | €67,820 | ▼ 21.4% |
| Income taxes67/77 | €5,028 | €19,029 | €24,784 | €25,002 | €20,682 | ▼ 17.3% |
| Profit (loss) for the period9904 | €7,885 | €39,639 | €67,956 | €61,276 | €47,138 | ▼ 23.1% |
| Profit (loss) for the period to be appropriated9905 | €7,885 | €39,639 | €67,956 | €61,276 | €47,138 | ▼ 23.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.4m | €1.5m | €1.2m | €1.3m | €1.3m | ▲ 4.5% |
| Fixed assets21/28 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 14.0% |
| Tangible fixed assets22/27 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 14.2% |
| Land and buildings22 | €0.09m | €0.08m | €0.09m | €0.09m | €0.08m | ▼ 12.0% |
| Furniture and vehicles24 | €0.03m | €0.02m | €0.02m | €0.03m | €0.02m | ▼ 20.5% |
| Financial fixed assets28 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Current assets29/58 | €1.3m | €1.4m | €1.1m | €1.2m | €1.2m | ▲ 6.3% |
| Amounts receivable after more than one year29 | €0.3m | €0.3m | €0.2m | €0.1m | €0.1m | = |
| Other amounts receivable291 | €0.3m | €0.3m | €0.2m | €0.1m | €0.1m | = |
| Amounts receivable within one year40/41 | €0.3m | €0.4m | €0.3m | €0.4m | €0.4m | ▲ 9.2% |
| Trade receivables40 | €0.01m | €0.02m | €0.02m | €0.005m | €0.001m | ▼ 78.3% |
| Other amounts receivable41 | €0.3m | €0.4m | €0.3m | €0.4m | €0.4m | ▲ 10.2% |
| Current investments50/53 | €0.6m | €0.5m | €0.6m | €0.6m | €0.6m | ▲ 0.3% |
| Cash at bank and in hand54/58 | €0.07m | €0.1m | €0.02m | €0.04m | €0.07m | ▲ 83.8% |
| Deferred charges and accrued income490/1 | €0.05m | €0.05m | €0.06m | €0.06m | €0.07m | ▲ 3.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.4m | €1.5m | €1.2m | €1.3m | €1.3m | ▲ 4.5% |
| Equity10/15 | €1.4m | €1.2m | €1.2m | €1.2m | €1.1m | ▼ 9.1% |
| Contributions10/11 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €1.3m | €1.2m | €1.1m | €1.2m | €1.1m | ▼ 9.2% |
| Non-distributable reserves130/1 | €0.002m | €0.002m | €0 | - | - | - |
| Reserves not available under the articles1311 | €0.002m | €0.002m | €0 | - | - | - |
| Distributable reserves133 | €1.3m | €1.2m | €1.1m | €1.2m | €1.1m | ▼ 9.2% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €0.08m | €0.3m | €0.07m | €0.07m | €0.2m | ▲ 253% |
| Amounts payable within one year42/48 | €0.08m | €0.3m | €0.07m | €0.07m | €0.2m | ▲ 253% |
| Trade debts44 | €0.07m | €0.06m | €0.06m | €0.06m | €0.06m | ▲ 5.4% |
| Suppliers440/4 | €0.07m | €0.06m | €0.06m | €0.06m | €0.06m | ▲ 5.4% |
| Taxes, remuneration and social security45 | €0.005m | €0.01m | €0.009m | €0.008m | €0.01m | ▲ 95.1% |
| Taxes450/3 | €0.005m | €0.01m | €0.009m | €0.008m | €0.01m | ▲ 95.1% |
| Other amounts payable47/48 | - | €0.2m | €0 | - | €0.2m | - |
| Accrued charges and deferred income492/3 | €0.001m | €0.001m | €0.001m | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,885 | €39,639 | €67,956 | €61,276 | €47,138 | ▼ 23.1% |
| + Depreciation and write-downs630 | €14,033 | €15,082 | €15,390 | €19,481 | €22,202 | ▲ 14.0% |
| Operating cash flow (approximation) | €21,918 | €54,721 | €83,346 | €80,757 | €69,340 | ▼ 14.1% |
| Investment in fixed assets (approximation) | - | €0 | -€15,106 | -€33,188 | -€5,697 | ▲ 82.8% |
| Change in cash | - | €44,622 | -€94,590 | €16,953 | €33,890 | ▲ 99.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
Elma Consulting
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Blégny · Eq €1,222,023
HANCAL CONSULTING
BE 0478.467.940
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ONE GROUP
BE 0668.396.118
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Plan M
BE 0425.987.376
Herent · Eq €1,221,307
Of 82,687 companies in this sector we hold annual accounts for 52,635. 25,679 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
14 eventsLatest 18-06-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
15-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity quadruplescurrent ratio 16.19
Current ratio from 4.49 to 16.19; short-term debt falls from €310,205 to €69,689.
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
02-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
31-12
Financial
Weakest financial yearnet €7,885 ▼94.9%
Net result drops to €7,885, the lowest in the series; recovery starts the following year.
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €154,868 ▲305%
Net result €154,868, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 33.64
Current ratio from 12.19 to 33.64; short-term debt falls from €63,982 to €38,395.
10-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 10 days late
2019
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company · founded 26-11-2004Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded26-11-2004
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0870564112
Also
9925:BE0870564112
Registered
24-11-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Schoten · 1 establishment unit since 2005
Ground area
1,834 m²
Building footprint
230 m²
Volume, LiDAR
2,388 m³
Parcel 11040D0255/00Z014, Flanders · tallest building 13.3 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Pitec
since 2005unit no. 2.147.288.604
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11040D0255/00Z014 ProtectedTownscape or village viewHotels Wenduine en Westende en deel van kanaal Dessel-Schoten met brug en brugwachterswoningSource ↗ |
Flanders | 1,833 m² | 1 · 230 m² | 13.3 m · 4 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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