PIZSANI
ActivePIZSANI has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €135k and a net result of €8k. Equity is growing by ~12.3% per year across the filed fiscal years. Its solvency ranks better than 59% of 13240 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability43▼-15
Solvency66▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.27 against 2.49 in 2024; short-term debt: 39% and cash: 5.3% of total assets), but 58.8% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
41.2%
Return on assets
2.4%
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 18-08-2026, 18 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 · 10 filingsDeviation from the deadline
2025
18 d late
2024
29 d late
2023
7 d early
2022
80 d early
2021
18 d late
2020
18 d late
2019
14 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€135k▲ 6.3%
2024 · €127k
2018: €65k
2019: €68k
2020: €66k
2021: €78k
2022: €108k
2023: €126k
2024: €127k
2018 → 2025
Total assets
€327k▲ 0.5%
2024 · €325k
2018: €351k
2019: €340k
2020: €292k
2021: €265k
2022: €323k
2023: €358k
2024: €325k
2018 → 2025
Net result
€8k▲ 649%
2024 · €1k
2018: €2k
2019: €2k
2020: €-1k
2021: €12k
2022: €29k
2023: €18k
2024: €1k
2018 → 2025
Working capital
€161k▼ 0.3%
2024 · €162k
2018: €49k
2019: €28k
2020: €10k
2021: €46k
2022: €95k
2023: €149k
2024: €162k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€78k-€108k▲ 37.5%€126k▲ 16.7%€127k▲ 0.8%€135k▲ 6.3%
Operating result€14k-€34k▲ 145%€29k▼ 15.4%€11k▼ 62.2%€11k▲ 5.7%
Net result€12k-€29k▲ 149%€18k▼ 38.7%€1k▼ 94.1%€8k▲ 649%
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 recovers in 2025; 2025 is 6% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €327k
Fixed assets
€38k▼ 30.3%
Current assets
€289k▲ 6.7%
Equity and liabilities €327k
Equity
€135k▲ 6.3%
Debt
€192k▼ 3.2%
The debt ratio falls from 61.0% to 58.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€28k▼
2024 · €28k
Cash flow
€24k▲
2024 · €19k
Solvency
41.2%▲
2024 · 39.0%
Current ratio
2.27▼
2024 · 2.49
Quick ratio
2.24▼
2024 · 2.46
Debt / equity
1.43▼
2024 · 1.57
ROE
5.9%▲
2024 · 0.8%
ROA
2.4%▲
2024 · 0.3%
Interest coverage
2.49▼
2024 · 4.67
Debt
€192k▼
2024 · €198k
Debt ≤ 1 year
€127k▲
2024 · €109k
Debt > 1 year
€65k▼
2024 · €90k
Income taxes
€-8k▼
2024 · €4k
Staff costs
€48k▼
2024 · €52k
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€325k€327k▲
Fixed assets21/28€55k€38k▼
Tangible fixed assets22/27€53k€37k▼
Land and buildings22€46k€35k▼
Plant, machinery and equipment23€3k-
Furniture and vehicles24€4k€2k▼
Financial fixed assets28€1k€1k=
Current assets29/58€271k€289k▲
Stocks and contracts in progress3€3k€4k▲
Stocks30/36€3k€4k▲
Amounts receivable within one year40/41€234k€265k▲
Other amounts receivable41€234k€265k▲
Cash at bank and in hand54/58€31k€17k▼
Deferred charges and accrued income490/1€2k€2k=
Equity and liabilities
Total equity and liabilities10/49€325k€327k▲
Equity10/15€127k€135k▲
Contributions10/11€62k€62k=
Reserves13€8k€8k=
Tax-exempt reserves132€8k€8k=
Profit (loss) carried forward14€57k€65k▲
Amounts payable17/49€198k€192k▼
Amounts payable after more than one year17€90k€65k▼
Financial debts170/4€90k€65k▼
Amounts payable within one year42/48€109k€127k▲
Current portion of amounts payable after more than one year42€24k€21k▼
Financial debts43-€36k
Credit institutions430/8-€36k
Trade debts44€10k-
Suppliers440/4€10k-
Taxes, remuneration and social security45€26k€23k▼
Taxes450/3€12k€11k▼
Remuneration and social security454/9€14k€11k▼
Other amounts payable47/48€49k€47k▼
Income statement
Code20242025
Remuneration, social security and pensions62€52k€48k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€17k▼
Other operating charges640/8€4k€4k▼
Gross operating margin9900€84k€79k▼
Operating profit (loss)9901€11k€11k▲
Financial income75/76B€453€66▼
Recurring financial income75€453€66▼
Financial charges65/66B€6k€11k▲
Recurring financial charges65€6k€11k▲
Profit (loss) for the period before taxes9903€5k€273▼
Income taxes67/77€4k€-8k▼
Profit (loss) for the period9904€1k€8k▲
Profit (loss) for the period to be appropriated9905€1k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€57k€65k▲
Profit (loss) brought forward from the previous period14P€56k€57k▲
The notes to these accounts (7 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
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
12-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €29k ▲149%
Operating result €34k, net result €29k, both a record.
31-12
Financial
Equity above €100kEq €108k ▲37.5%
2 profitable years in a row build equity to €108k.
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
31-12
Financial
Weakest financial yearnet €-1k ▼154%
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 14 days late
2019
05-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 5 days late
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-07
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.
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, Wetteren · 2 establishment units since 1991
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.
Markt 49230 WetterenGround area
375 m²
Building footprint
261 m²
Volume, LiDAR
1,672 m³
2 parcels, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
CAFE DE GOUDEN KRAAN
since 19912.054.397.147
DE BEURS
since 20122.209.730.076
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42302E0415/00C000 | Flanders | 259 m² | 1 · 142 m² | 11.2 m · 2 fl. |
| 42302E0414/00B000 | Flanders | 116 m² | 1 · 119 m² | 11.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 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
2023 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteWetteren2.054.397.147
Similar companies · same sector, comparable size
D&V
BE 0730.647.550
Kluisbergen · Eq €135k
Varonos
BE 0537.640.118
Antwerpen · Eq €135k
MEMENTO MORI
BE 0806.606.666
Brussel · Eq €134k
PASTA QUICK
BE 0455.135.084
Nandrin · Eq €134k
VANDEMAELE FREDDY
BE 0436.944.022
Oostrozebeke · Eq €134k
Of 21,896 companies in sector 56112 we hold annual accounts for 9,783. 7,424 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-09-1991
Fiscal year end31-12
Activities, NACEBEL
55302
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
55522
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.