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Pitrian

Active
Private limited companyfounded 2025active for 1 yearEdmond Van Hoorebekestraat 62, 9050 Gent, BelgiumKBO/BCE: BE 1023.511.237
Summary

Pitrian has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €44,225 and a net result of €45,057. Its solvency ranks better than 53% of 21,070 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€44,225
Total assets
€70,426
Net result
€45,057
Working capital
€38,435

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

Balance-sheet composition
Assets €70,426
Fixed assets €6,147
Current assets €64,279
Equity and liabilities €70,426
Equity €44,225
Debt €26,200
Debt finances 37.2% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€58,188
Cash flow
€46,275
Current ratio
2.49
Debt to equity
0.59
ROE
101.9%
ROA
64.0%
Interest coverage
over 100
Debt ≤ 1 year
€25,844
Income taxes
€11,907

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

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 497,475 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% 0.9%
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 74.5% 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 11,280 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 · 38 lines
Balance sheet Code2025
Assets
Total assets20/58€70,426
Fixed assets21/28€6,147
Tangible fixed assets22/27€6,147
Furniture and vehicles24€6,147
Current assets29/58€64,279
Amounts receivable within one year40/41€8,590
Trade receivables40€8,590
Cash at bank and in hand54/58€52,602
Deferred charges and accrued income490/1€3,087
Equity and liabilities
Total equity and liabilities10/49€70,426
Equity10/15€44,225
Contributions10/11€1
Reserves13€44,224
Distributable reserves133€44,224
Profit (loss) carried forward14€0
Amounts payable17/49€26,200
Amounts payable within one year42/48€25,844
Trade debts44€492
Suppliers440/4€492
Taxes, remuneration and social security45€24,343
Taxes450/3€24,343
Other amounts payable47/48€1,009
Accrued charges and deferred income492/3€356
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,218
Other operating charges640/8€400
Gross operating margin9900€58,587
Operating profit (loss)9901€56,970
Financial charges65/66B€6
Recurring financial charges65€6
Profit (loss) for the period before taxes9903€56,964
Income taxes67/77€11,907
Profit (loss) for the period9904€45,057
Profit (loss) for the period to be appropriated9905€45,057
Appropriation of the result
Profit (loss) to be appropriated9906€45,057
Transfer to equity691/2€44,224
To other reserves6921€44,224
Profit to be distributed694/7€833
Return on contributions (dividend)694€833

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,218
Other operating charges640/8€400
Gross operating margin9900€58,587
Operating profit (loss)9901€56,970
Financial charges65/66B€6
Recurring financial charges65€6
Profit (loss) for the period before taxes9903€56,964
Income taxes67/77€11,907
Profit (loss) for the period9904€45,057
Profit (loss) for the period to be appropriated9905€45,057
Line2025
Assets
Total assets20/58€70,426
Fixed assets21/28€6,147
Tangible fixed assets22/27€6,147
Furniture and vehicles24€6,147
Current assets29/58€64,279
Amounts receivable within one year40/41€8,590
Trade receivables40€8,590
Cash at bank and in hand54/58€52,602
Deferred charges and accrued income490/1€3,087
Equity and liabilities
Total equity and liabilities10/49€70,426
Equity10/15€44,225
Contributions10/11€1
Reserves13€44,224
Distributable reserves133€44,224
Profit (loss) carried forward14€0
Amounts payable17/49€26,200
Amounts payable within one year42/48€25,844
Trade debts44€492
Suppliers440/4€492
Taxes, remuneration and social security45€24,343
Taxes450/3€24,343
Other amounts payable47/48€1,009
Accrued charges and deferred income492/3€356
Line2025
Profit (loss) for the period9904€45,057
+ Depreciation and write-downs630€1,218
Operating cash flow (approximation)€46,275

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 16-06-2026 2026-00169067

Similar companies · same sector, comparable size

Of the 16,988 active companies whose main activity is computer programming (NACE 62100), figures are known for 8,930. 6,863 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.