Pyck
ActivePyck has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.98M and a net result of €62k. Equity is growing by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 74% of 475 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
83
/ 100
Excellent▼ -3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability16▼-17
Solvency100▲+4
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160k at 30 days acceptable
Liquidity ample (current ratio 4.86 against 2.44 in 2024), and 30.2% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← 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
69.8%
Return on assets
2.2%
Age of the figures
8 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 28-08-2026, 28 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
28 d late
2024
26 d late
2023
30 d late
2022
34 d early
2021
26 d late
2020
16 d early
2019
28 d early
← 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€62k▼ 52.6%
2024 · €131k
2018: €-254k
2019: €217k
2020: €-48k
2021: €-257k
2022: €163k
2023: €440k
2024: €131k
2018 → 2025
Working capital
€1.70M▼ 7.8%
2024 · €1.84M
2018: €1.03M
2019: €1.24M
2020: €1.17M
2021: €818k
2022: €978k
2023: €1.47M
2024: €1.84M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.26M-€1.42M▲ 13.0%€1.86M▲ 30.9%€1.99M▲ 7.0%€1.98M▼ 0.7%
Operating result€-245k-€176k€507k▲ 188%€185k▼ 63.4%€84k▼ 54.7%
Net result€-257k-€163k€440k▲ 170%€131k▼ 70.3%€62k▼ 52.6%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 55% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.84M
Fixed assets
€699k▲ 6.8%
Current assets
€2.14M▼ 31.5%
Equity and liabilities €2.84M
Equity
€1.98M▼ 0.7%
Debt
€856k▼ 51.9%
The debt ratio falls from 47.2% to 30.2%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€180k▼
2024 · €281k
Cash flow
€158k▼
2024 · €227k
Solvency
69.8%▲
2024 · 52.8%
Current ratio
4.86▲
2024 · 2.44
Quick ratio
3.73▲
2024 · 1.97
Debt / equity
0.43▼
2024 · 0.89
ROE
3.1%▼
2024 · 6.5%
ROA
2.2%▼
2024 · 3.5%
Interest coverage
8.22▼
2024 · 11.90
Debt
€856k▼
2024 · €1.78M
Debt ≤ 1 year
€440k▼
2024 · €1.28M
Debt > 1 year
€417k▼
2024 · €502k
Income taxes
€146▼
2024 · €31k
Staff costs
€46k▼
2024 · €47k
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€3.77M€2.84M▼
Fixed assets21/28€655k€699k▲
Intangible fixed assets21€124€124=
Tangible fixed assets22/27€654k€699k▲
Land and buildings22€323k€286k▼
Plant, machinery and equipment23€201k€224k▲
Furniture and vehicles24€25k€87k▲
Other tangible fixed assets26€105k€103k▼
Current assets29/58€3.12M€2.14M▼
Stocks and contracts in progress3€597k€495k▼
Stocks30/36€597k€495k▼
Amounts receivable within one year40/41€2.42M€1.61M▼
Trade receivables40€2.31M€1.59M▼
Other amounts receivable41€113k€20k▼
Cash at bank and in hand54/58€97k€36k▼
Deferred charges and accrued income490/1€5k€458▼
Equity and liabilities
Total equity and liabilities10/49€3.77M€2.84M▼
Equity10/15€1.99M€1.98M▼
Contributions10/11€125k€125k=
Capital10€125k€125k=
Issued capital100€125k€125k=
Reserves13€1.87M€1.85M▼
Non-distributable reserves130/1€13k€13k=
Legal reserve130€13k€13k=
Tax-exempt reserves132€109k€80k▼
Distributable reserves133€1.75M€1.76M▲
Profit (loss) carried forward14-€0
Amounts payable17/49€1.78M€856k▼
Amounts payable after more than one year17€502k€417k▼
Financial debts170/4€502k€417k▼
Amounts payable within one year42/48€1.28M€440k▼
Current portion of amounts payable after more than one year42€120k€148k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€243k€169k▼
Suppliers440/4€243k€169k▼
Taxes, remuneration and social security45€41k€43k▲
Taxes450/3€38k€39k▲
Remuneration and social security454/9€3k€3k▲
Other amounts payable47/48€873k€80k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A-€10k
Remuneration, social security and pensions62€47k€46k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€96k€96k=
Other operating charges640/8€12k€16k▲
Gross operating margin9900€341k€241k▼
Operating profit (loss)9901€185k€84k▼
Financial income75/76B€20€0▼
Recurring financial income75€20€0▼
Financial charges65/66B€24k€22k▼
Recurring financial charges65€24k€22k▼
Profit (loss) for the period before taxes9903€162k€62k▼
Income taxes67/77€31k€146▼
Profit (loss) for the period9904€131k€62k▼
Transfer from tax-exempt reserves789-€29k
Profit (loss) for the period to be appropriated9905€131k€91k▼
Appropriation of the result
Profit (loss) to be appropriated9906€131k€91k▼
Transfer to equity691/2€131k€16k▼
To the legal reserve6920€131k€16k▼
Profit to be distributed694/7-€75k
Directors or managers695-€75k
Social balance
Average headcount (FTE)90871.00.0▼
The notes to these accounts (17 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 28 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €440k ▲170%
Operating result €507k, net result €440k, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €163k
Net result €163k after 2 loss-making years.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 26 days late
2021
31-12
Financial
Weakest financial yearnet €-257k
Net result drops to €-257k, the lowest in the series; recovery starts the following year.
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €217k
Net result €217k after one loss-making year.
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
17-07
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
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
16-12-2025
DE CROO Mieke: Resigned as Director
18-01-2022
Pyck Joseph: Resigned as Director
Location & real-estate footprint
Registered office, Vleteren · 1 establishment unit since 1961
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.
Kallestraat(West) 328640 VleterenGround area
755 m²
Building footprint
655 m²
Volume, LiDAR
4,242 m³
Parcel 33031D0452/00X000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kallestraat(West) 32, 8640 Vleteren
since 19612.005.411.355
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33031D0452/00X000 | Flanders | 755 m² | 1 · 655 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
PPS
BE 0820.048.193
Hoogstraten · Eq €1.98M
AN-PIGS
BE 0899.162.383
Assenede · Eq €1.99M
PORCUS
BE 0891.471.867
Kalmthout · Eq €2.13M
DEVAR
BE 0459.725.659
Ledegem · Eq €1.83M
VARONK
BE 0457.518.910
Staden · Eq €1.81M
Of 902 companies in sector 01461 we hold annual accounts for 295. 205 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL
01231
01461Pig breeding farms
10910Manufacture of food products
46852Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.