Pits1965
ActivePits1965 has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.25M and a net result of €-11k. Equity is growing by ~31.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 1022 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
70
/ 100
Healthy▲ +5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-16
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity ample (current ratio 34.18 against 6.26 in 2024), and 1.3% 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 risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
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
98.7%
Return on assets
-0.9%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
2 d early
2023
on the day
2022
2 d late
2021
6 d late
2020
on the day
2019
15 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.25M▼ 0.9%
2024 · €1.26M
2018: €232k
2019: €304k
2020: €448k
2021: €568k
2022: €1.05M
2023: €1.30M
2024: €1.26M
2018 → 2025
Total assets
€1.27M▼ 7.7%
2024 · €1.37M
2018: €862k
2019: €964k
2020: €1.34M
2021: €1.41M
2022: €2.69M
2023: €1.66M
2024: €1.37M
2018 → 2025
Net result
€-11k
2024 · €41k
2018: €70k
2019: €87k
2020: €144k
2021: €120k
2022: €479k
2023: €273k
2024: €41k
2018 → 2025
Working capital
€539k▼ 7.4%
2024 · €582k
2018: €146k
2019: €176k
2020: €310k
2021: €342k
2022: €900k
2023: €928k
2024: €582k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€568k-€1.05M▲ 84.4%€1.30M▲ 24.0%€1.26M▼ 2.9%€1.25M▼ 0.9%
Operating result€170k-€661k▲ 289%€379k▼ 42.7%€-25k€-13k▲ 49.2%
Net result€120k-€479k▲ 300%€273k▼ 43.1%€41k▼ 84.9%€-11k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €13k in 2025 against €25k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.27M
Fixed assets
€711k▲ 4.8%
Current assets
€555k▼ 19.9%
Equity and liabilities €1.27M
Equity
€1.25M▼ 0.9%
Debt
€16k▼ 85.3%
The debt ratio falls from 8.1% to 1.3%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€22k▲
2024 · €8k
Cash flow
€24k▼
2024 · €74k
Solvency
98.7%▲
2024 · 91.9%
Current ratio
34.18▲
2024 · 6.26
Quick ratio
34.18▲
2024 · 6.26
Debt / equity
0.01▼
2024 · 0.09
ROE
-0.9%▼
2024 · 3.3%
ROA
-0.9%▼
2024 · 3.0%
Interest coverage
266.64▲
2024 · 1.18
Debt
€16k▼
2024 · €111k
Debt ≤ 1 year
€16k▼
2024 · €111k
Income taxes
€11k▼
2024 · €13k
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€1.37M€1.27M▼
Fixed assets21/28€679k€711k▲
Tangible fixed assets22/27€679k€696k▲
Land and buildings22€666k€639k▼
Furniture and vehicles24€4k€50k▲
Other tangible fixed assets26€9k€7k▼
Financial fixed assets28€0€15k▲
Current assets29/58€693k€555k▼
Amounts receivable within one year40/41€14k€4k▼
Trade receivables40€13k€3k▼
Other amounts receivable41€1k€1k▲
Current investments50/53€500k€500k=
Cash at bank and in hand54/58€173k€45k▼
Deferred charges and accrued income490/1€6k€6k=
Equity and liabilities
Total equity and liabilities10/49€1.37M€1.27M▼
Equity10/15€1.26M€1.25M▼
Contributions10/11€6k€6k=
Reserves13€1.25M€1.24M▼
Tax-exempt reserves132€435k€311k▼
Distributable reserves133€820k€933k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€111k€16k▼
Amounts payable within one year42/48€111k€16k▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€10k€2k▼
Suppliers440/4€10k€2k▼
Taxes, remuneration and social security45€0€8k▲
Taxes450/3€0€8k▲
Other amounts payable47/48€100k€6k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A€0€17k▲
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€35k▲
Other operating charges640/8€13k€6k▼
Non-recurring operating charges66A-€3k
Gross operating margin9900€21k€31k▲
Operating profit (loss)9901€-25k€-13k▲
Financial income75/76B€86k€13k▼
Recurring financial income75€86k€13k▼
Financial charges65/66B€6k€83▼
Recurring financial charges65€6k€83▼
Profit (loss) for the period before taxes9903€55k€610▼
Income taxes67/77€13k€11k▼
Profit (loss) for the period9904€41k€-11k▼
Transfer from tax-exempt reserves789-€124k
Transfer to tax-exempt reserves689€0-
Profit (loss) for the period to be appropriated9905€41k€113k▲
Appropriation of the result
Profit (loss) to be appropriated9906€41k€113k▲
Transfer from equity791/2€79k€0▼
Transfer to equity691/2€41k€113k▲
To other reserves6921€41k€113k▲
Profit to be distributed694/7€79k€0▼
Return on contributions (dividend)694€79k€0▼
Directors or managers695€0-
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Weakest financial yearnet €-11k ▼126%
Net result drops to €-11k, the lowest in the series.
30-09
Financial
Liquidity times 5current ratio 34.18
Current ratio from 6.26 to 34.18; short-term debt falls from €111k to €16k.
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Liquidity doublescurrent ratio 3.82
Current ratio from 1.81 to 3.82; short-term debt falls from €1.12M to €330k.
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 2 days late
2022
30-09
Financial
Highest result since 2018net €479k ▲300%
Operating result €661k, net result €479k, both a record.
30-09
Financial
Equity above €1MEq €1.05M ▲84.4%
5 profitable years in a row build equity to €1.05M.
06-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 6 days late
2021
30-09
Financial
Equity above €500kEq €568k ▲26.7%
4 profitable years in a row build equity to €568k.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
15-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 15 days late
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-04
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.
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, Holsbeek · 2 establishment units since 1996
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.
Wingeweg 333220 HolsbeekGround area
650 m²
Building footprint
341 m²
Volume, LiDAR
2,463 m³
3 parcels, Flanders · tallest building 17.8 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
ECO-DRIVE
since 19962.078.590.531
ECO-DRIVE
since 20212.321.276.811
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24043C0276/00H000 | Flanders | 409 m² | 1 · 106 m² | 9.4 m · 2 fl. |
| 24504D1229/00E003 | Flanders | 189 m² | 1 · 184 m² | 14.9 m · 2 fl. |
| 24505F0701/00F000 | Flanders | 52 m² | 1 · 52 m² | 17.8 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 500 EUR awarded · 500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 500 EUR | 500 EUR |
Schemes
Stagebonus (stopgezet)
Recognitions · licences · registrations
Dual-learning approval
4 endedSimilar companies · same sector, comparable size
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SWINNEN EN PARTNERS
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SYLCO AUTOGLASS
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D'HAENE
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Of 753 companies in sector 95313 we hold annual accounts for 287. 126 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-06-1996
Fiscal year end30-09
Activities, NACEBEL
95313Repair and fitting of specific motor vehicle parts
50200
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47632Retail sale of bicycles
47785Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.