PITR
ActiveSummary
PITR has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €128k and a net result of €56k. Equity is growing by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 39% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability97▲+4
Solvency76▼-5
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 2.11 against 2.31 in 2023; short-term debt: 46.9% and cash: 62.5% of total assets), and 48.9% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-07-2025, 23 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
23 d early
2023
34 d early
2022
60 d early
2021
6 d early
2020
25 d early
2019
43 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€128k▼ 2.3%
2023 · €131k
Total assets
€251k▲ 7.7%
2023 · €233k
Net result
€56k▲ 26.7%
2023 · €45k
Working capital
€130k▲ 0.1%
2023 · €130k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€71k=€47k▼ 34.2%€35k▼ 24.7%€60k▲ 70.1%€71k▲ 19.0%
Net result€50k=€33k▼ 34.8%€26k▼ 21.5%€45k▲ 72.4%€56k▲ 26.7%
Equity€98k▲ 45.9%€130k▲ 31.8%€131k▲ 1.3%€131k▼ 0.1%€128k▼ 2.3%
Total assets€131k▲ 36.7%€166k▲ 26.5%€206k▲ 24.1%€233k▲ 13.1%€251k▲ 7.7%
Debt€33k▲ 15.0%€36k▲ 10.7%€74k▲ 106%€102k▲ 36.4%€123k▲ 20.7%
Working capital€88k▲ 46.1%€117k▲ 32.7%€125k▲ 7.3%€130k▲ 3.9%€130k▲ 0.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 19% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €251k
Fixed assets
€3k ▼ 17.5%
Current assets
€248k ▲ 8.2%
Equity and liabilities €251k
Equity
€128k ▼ 2.3%
Debt
€123k ▲ 20.7%
Debt's share of the balance-sheet total rises from 43.6% to 48.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€73k▲
2023 · €66k
Cash flow
€59k▲
2023 · €50k
Current ratio
2.11▼
2023 · 2.31
Debt to equity
0.96▲
2023 · 0.77
ROE
44.0%▲
2023 · 33.9%
ROA
22.5%▲
2023 · 19.1%
Interest coverage
14.96▼
2023 · 22.58
Debt ≤ 1 year
€118k▲
2023 · €99k
Income taxes
€15k▲
2023 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €6k | €6k | €6k | €2k | ▼ 60.3% |
| Other operating charges640/8 | - | €662 | €1k | €871 | €1k | ▲ 54.8% |
| Gross operating margin9900 | €90k | €53k | €42k | €67k | €75k | ▲ 12.4% |
| Operating profit (loss)9901 | €71k | €47k | €35k | €60k | €71k | ▲ 19.0% |
| Financial income75/76B | - | €0 | - | - | €5k | - |
| Recurring financial income75 | €0 | €0 | - | - | €5k | - |
| Financial charges65/66B | - | €551 | €1k | €3k | €5k | ▲ 68.9% |
| Recurring financial charges65 | €570 | €551 | €1k | €3k | €5k | ▲ 68.9% |
| Profit (loss) for the period before taxes9903 | €71k | €46k | €34k | €57k | €71k | ▲ 25.7% |
| Income taxes67/77 | €20k | €13k | €8k | €12k | €15k | ▲ 22.1% |
| Profit (loss) for the period9904 | €50k | €33k | €26k | €45k | €56k | ▲ 26.7% |
| Profit (loss) for the period to be appropriated9905 | €50k | €33k | €26k | €45k | €56k | ▲ 26.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €131k | €166k | €206k | €233k | €251k | ▲ 7.7% |
| Formation expenses20 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €17k | €13k | €7k | €4k | €3k | ▼ 17.5% |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €17k | €13k | €7k | €4k | €3k | ▼ 17.5% |
| Furniture and vehicles24 | - | €13k | €7k | €4k | €3k | ▼ 18.1% |
| Other tangible fixed assets26 | - | €566 | €508 | €450 | €393 | ▼ 12.8% |
| Financial fixed assets28 | €0 | - | - | - | - | - |
| Current assets29/58 | €117k | €153k | €198k | €229k | €248k | ▲ 8.2% |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €29k | €14k | €18k | €19k | €17k | ▼ 8.8% |
| Trade receivables40 | - | €14k | €14k | €14k | €16k | ▲ 18.4% |
| Other amounts receivable41 | - | €0 | €4k | €5k | €1k | ▼ 77.3% |
| Current investments50/53 | €0 | - | - | €40k | €70k | ▲ 75.0% |
| Cash at bank and in hand54/58 | €116k | €138k | €179k | €169k | €157k | ▼ 7.4% |
| Deferred charges and accrued income490/1 | - | €840 | €1k | €761 | €4k | ▲ 379% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €131k | €166k | €206k | €233k | €251k | ▲ 7.7% |
| Equity10/15 | €98k | €130k | €131k | €131k | €128k | ▼ 2.3% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €80k | €111k | €113k | €113k | €110k | ▼ 2.7% |
| Non-distributable reserves130/1 | - | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €0 | - | - |
| Distributable reserves133 | - | €109k | €111k | €113k | €110k | ▼ 2.7% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €33k | €36k | €74k | €102k | €123k | ▲ 20.7% |
| Amounts payable after more than one year17 | €10k | €0 | - | - | - | - |
| Financial debts170/4 | - | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €29k | €36k | €73k | €99k | €118k | ▲ 18.8% |
| Current portion of amounts payable after more than one year42 | - | €4k | €0 | - | - | - |
| Financial debts43 | - | €2k | €0 | - | €511 | - |
| Credit institutions430/8 | - | €2k | €0 | - | €511 | - |
| Trade debts44 | €978 | €319 | €468 | €1k | €735 | ▼ 34.0% |
| Suppliers440/4 | - | €319 | €468 | €1k | €735 | ▼ 34.0% |
| Taxes, remuneration and social security45 | - | €10k | €11k | €10k | €8k | ▼ 19.1% |
| Taxes450/3 | - | €10k | €11k | €10k | €8k | ▼ 19.1% |
| Other amounts payable47/48 | - | €20k | €62k | €88k | €108k | ▲ 23.2% |
| Accrued charges and deferred income492/3 | - | - | €1k | €3k | €5k | ▲ 95.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €50k | €33k | €26k | €45k | €56k | ▲ 26.7% |
| + Depreciation and write-downs630 | €6k | €6k | €6k | €6k | €2k | ▼ 60.3% |
| Operating cash flow (approximation) | €56k | €39k | €32k | €50k | €59k | ▲ 16.5% |
| Investment in fixed assets (approximation) | - | €-1k | €0 | €-2k | €-2k | ▲ 31.2% |
| Change in cash | - | €22k | €42k | €-10k | €-12k | ▼ 24.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2019net €56k ▲26.7%
Operating result €71k, net result €56k, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
01-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €26k ▼21.5%
Net result drops to €26k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €130k ▲31.8%
3 profitable years in a row build equity to €130k.
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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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Directors · office · real estate
Directors
3 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, Gent · 1 establishment unit since 2018
Ground area
226 m²
Building footprint
84 m²
Volume, LiDAR
368 m³
Parcel 44082C0125/00M003, Flanders · tallest building 6.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
PITR
since 20182.282.130.480
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44082C0125/00M003 | Flanders | 226 m² | 1 · 84 m² | 6.3 m · 1 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.
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Of 30,002 companies in sector 62200 we hold annual accounts for 18,394. 15,436 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
Founded26-11-2018
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62100Computer programming
Contact
E-mail
everaerd.pieter@gmail.comGent
Scores and ratios are computed by Checked and are not a credit decision.