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PS'TITO

Active
Private limited companyfounded 20206 yrs activeJules Lebrunstraat 17, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0748.717.165
Summary

The computed 12-month bankruptcy probability of PS'TITO is 5.2% (elevated). The 2024 annual accounts show equity of €33,569 and a net result of €22,051. Equity is growing by ~132.4% per year across the filed fiscal years. Its solvency ranks better than 87% of 6717 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
59 / 100
Fair
An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100▲+29
Growth78=
Track record100
Bankruptcy probability, 12 months
5.2% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days only on tighter terms
Liquidity ample (current ratio 4.52 against 1.15 in 2023; short-term debt: 18.8% and cash: 83.1% of total assets), and 18.8% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+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 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 02-07-2025, 29 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
29 d early
2023
28 d late
2022
18 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 6 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 18 June 2020, PS'TITO was incorporated as a Private limited company.1 Total assets went from EUR 3,144 in 2022 to EUR 41,366 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€33,569▲ 191%
2023 · €11,518
Total assets
€41,366▲ 64.4%
2023 · €25,164
Net result
€22,051▲ 161%
2023 · €8,441
Working capital
€27,443▲ 1,240%
2023 · €2,048
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 49, Land transport and transport via pipelines, 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
Line202220232024
Operating result-€2,845-€8,714€29,342▲ 237%
Net result-€3,016below the sector's middle half-€8,441within the sector's middle half€22,051above the sector's middle half▲ 161%
Equity€3,076below the sector's middle half-€11,518within the sector's middle half▲ 274%€33,569within the sector's middle half▲ 191%
Total assets€3,144below the sector's middle half-€25,164below the sector's middle half▲ 700%€41,366below the sector's middle half▲ 64.4%
Debt€67-€13,646▲ 20,132%€7,797▼ 42.9%
Working capital€3,076within the sector's middle half-€2,048within the sector's middle half▼ 33.4%€27,443within the sector's middle half▲ 1,240%
Solvency45.8%within the sector's middle half81.2%above the sector's middle half▲ 35.4pp
Current ratio1.15within the sector's middle half4.52above the sector's middle half▲ 3.37
Return on assets (ROA)33.5%above the sector's middle half53.3%above the sector's middle half▲ 19.8pp
above within below the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, 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 per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000€30,000Operating result 2022: -€2,845-€2,845Net result 2022: -€3,016-€3,016Operating result 2023: €8,714€8,714Net result 2023: €8,441€8,441Operating result 2024: €29,342€29,342Net result 2024: €22,051€22,051202220232024-€10,000€0€10,000€20,000€30,000Operating result 2022: -€2,845-€2,850Net result 2022: -€3,016-€3,020Operating result 2023: €8,714€8,710Net result 2023: €8,441€8,440Operating result 2024: €29,342€29,300Net result 2024: €22,051€22,100202220232024
The operating result has risen two years in a row; 2024 is 237% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €41,366
Fixed assets €6,126 ▼ 35.3%
Current assets €35,240 ▲ 125%
Equity and liabilities €41,366
Equity €33,569 ▲ 191%
Debt €7,797 ▼ 42.9%
Debt's share of the balance-sheet total falls from 54.2% to 18.8%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€33,518▲
2023 · €9,575
Cash flow
€26,228▲
2023 · €9,302
Debt to equity
0.23▼
2023 · 1.18
ROE
65.7%▼
2023 · 73.3%
Interest coverage
169.05▲
2023 · 35.05
Debt ≤ 1 year
€7,797▼
2023 · €13,646
Income taxes
€7,092
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
95% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 5.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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%.

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% 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 26,975 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 · 2024 against 2023 · 35 lines
Balance sheet Code20232024
Assets
Total assets20/58€25,164€41,366▲
Fixed assets21/28€9,470€6,126▼
Tangible fixed assets22/27€9,470€6,126▼
Furniture and vehicles24€9,470€6,126▼
Current assets29/58€15,694€35,240▲
Amounts receivable within one year40/41€5,804€508▼
Trade receivables40€4,140-
Other amounts receivable41€1,664€508▼
Cash at bank and in hand54/58€9,890€34,364▲
Deferred charges and accrued income490/1-€368
Equity and liabilities
Total equity and liabilities10/49€25,164€41,366▲
Equity10/15€11,518€33,569▲
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14€9,518€31,569▲
Amounts payable17/49€13,646€7,797▼
Amounts payable within one year42/48€13,646€7,797▼
Trade debts44€2,764€424▼
Suppliers440/4€2,764€424▼
Taxes, remuneration and social security45€64€7,190▲
Taxes450/3€64€7,190▲
Other amounts payable47/48€10,818€183▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€861€4,176▲
Non-recurring operating charges66A-€629
Gross operating margin9900€9,575€34,147▲
Operating profit (loss)9901€8,714€29,342▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€273€198▼
Recurring financial charges65€273€198▼
Profit (loss) for the period before taxes9903€8,441€29,144▲
Income taxes67/77-€7,092
Profit (loss) for the period9904€8,441€22,051▲
Profit (loss) for the period to be appropriated9905€8,441€22,051▲
Appropriation of the result
Profit (loss) to be appropriated9906€9,518€31,569▲
Profit (loss) brought forward from the previous period14P€1,076€9,518▲

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

Line202220232024Change
Non-recurring operating income76A€4,083---
Goods, raw materials, services and sundry goods60/61€6,928---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€861€4,176▲ 385%
Non-recurring operating charges66A--€629-
Gross operating margin9900-€2,845€9,575€34,147▲ 257%
Operating profit (loss)9901-€2,845€8,714€29,342▲ 237%
Financial income75/76B-€0--
Recurring financial income75-€0--
Financial charges65/66B€170€273€198▼ 27.4%
Recurring financial charges65€170€273€198▼ 27.4%
Non-recurring financial charges66B€170---
Profit (loss) for the period before taxes9903-€3,016€8,441€29,144▲ 245%
Income taxes67/77--€7,092-
Profit (loss) for the period9904-€3,016€8,441€22,051▲ 161%
Profit (loss) for the period to be appropriated9905-€3,016€8,441€22,051▲ 161%
Line202220232024Change
Assets
Total assets20/58€3,144€25,164€41,366▲ 64.4%
Fixed assets21/28-€9,470€6,126▼ 35.3%
Tangible fixed assets22/27-€9,470€6,126▼ 35.3%
Furniture and vehicles24-€9,470€6,126▼ 35.3%
Current assets29/58€3,144€15,694€35,240▲ 125%
Amounts receivable within one year40/41€33€5,804€508▼ 91.2%
Trade receivables40-€4,140--
Other amounts receivable41€33€1,664€508▼ 69.5%
Cash at bank and in hand54/58€3,111€9,890€34,364▲ 247%
Deferred charges and accrued income490/1--€368-
Equity and liabilities
Total equity and liabilities10/49€3,144€25,164€41,366▲ 64.4%
Equity10/15€3,076€11,518€33,569▲ 191%
Contributions10/11€2,000€2,000€2,000=
Profit (loss) carried forward14€1,076€9,518€31,569▲ 232%
Amounts payable17/49€67€13,646€7,797▼ 42.9%
Amounts payable within one year42/48€67€13,646€7,797▼ 42.9%
Trade debts44-€2,764€424▼ 84.7%
Suppliers440/4-€2,764€424▼ 84.7%
Taxes, remuneration and social security45€64€64€7,190▲ 11,061%
Taxes450/3€64€64€7,190▲ 11,061%
Other amounts payable47/48€3€10,818€183▼ 98.3%
Line202220232024Change
Profit (loss) for the period9904-€3,016€8,441€22,051▲ 161%
+ Depreciation and write-downs630-€861€4,176▲ 385%
Operating cash flow (approximation)-€3,016€9,302€26,228▲ 182%
Investment in fixed assets (approximation)---€832-
Change in cash-€6,779€24,474▲ 261%

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

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Timeline · acts, filings and financial milestones

2025
02-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2022net €22,051 ▲161%
Operating result €29,342, net result €22,051, both a record.
31-12
Financial Liquidity quadruplescurrent ratio 4.52
Current ratio from 1.15 to 4.52; short-term debt falls from €13,646 to €7,797.
28-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial Back to profitnet €8,441
Net result €8,441 after one loss-making year.
18-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 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
No directors read yet: 0 of 6 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Schaarbeek · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
438 m²
Building footprint
403 m²
Volume, LiDAR
4,811 m³
2 parcels, Brussels · tallest building 21.1 m, ±5 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
PS'TITO
Stalingradlaan 52, 1000 BrusselWarehousing and support activities for transportation
since 20202.304.457.506
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21809K0170/02B005 Brussels 336 m² 1 · 340 m² 21.1 m · 5 fl.
21911C0099/00H004 Brussels 102 m² 1 · 64 m² 16.2 m · 4 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 6,680 companies in this sector we hold annual accounts for 2,305. 1,961 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded18-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
52250Logistics services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0748717165
Registered 17-01-2026

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.