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PYONIC

Active
Private limited companyfounded 20179 yrs activeWilgenlaan 16, 8530 Harelbeke, BelgiumKBO/BCE: BE 0674.666.177
Summary

PYONIC has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €0 and a net result of €73,717. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 209 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2026
59 / 100
Fair
Zero equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability100=
Solvency25▼-16
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.99 against 1.19 in 2025; short-term debt: 99.7% and cash: 58.7% of total assets), and 100% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 209 sector peers (2026).
NBB · sector comparison
Position among 209 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 16-07-2026, 107 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2026
107 d early
2025
176 d early
2024
160 d early
2023
43 d early
2022
31 d early
2021
40 d early
2020
37 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 85 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 16 July (4 of the last 5 filed years within 69 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-03-2027 close31-10-2027 deadline
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 20 April 2017, PYONIC was incorporated.1 Total assets went from EUR 100,307 in 2019 to EUR 38,471 in 2026.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2026

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Financials · fiscal year 2026, micro schema

Equity
€0▼ 100%
2025 · €18,600
Total assets
€38,471▼ 66.6%
2025 · €115,176
Net result
€73,717▼ 9.7%
2025 · €81,664
Working capital
-€213
2025 · €18,261
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 62, Computer programming, consultancy and related activities, 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
Line20222023202420252026
Operating result€71,089▲ 24.0%€55,202▼ 22.3%€80,997▲ 46.7%€103,140▲ 27.3%€93,306▼ 9.5%
Net result€55,667above the sector's middle half▲ 25.1%€42,944within the sector's middle half▼ 22.9%€63,372above the sector's middle half▲ 47.6%€81,664above the sector's middle half▲ 28.9%€73,717▼ 9.7%
Equity€6,324below the sector's middle half=€18,600below the sector's middle half▲ 194%€18,600below the sector's middle half=€18,600below the sector's middle half=€0▼ 100%
Total assets€92,016within the sector's middle half▼ 41.1%€94,701within the sector's middle half▲ 2.9%€96,748within the sector's middle half▲ 2.2%€115,176within the sector's middle half▲ 19.0%€38,471▼ 66.6%
Debt€85,692▼ 42.9%€76,101▼ 11.2%€78,148▲ 2.7%€96,576▲ 23.6%€38,471▼ 60.2%
Working capital€21,684within the sector's middle half▲ 6.8%€32,193within the sector's middle half▲ 48.5%€18,009within the sector's middle half▼ 44.1%€18,261within the sector's middle half▲ 1.4%-€213
Solvency6.9%below the sector's middle half▲ 2.8pp19.6%below the sector's middle half▲ 12.8pp19.2%below the sector's middle half▼ 0.4pp16.1%below the sector's middle half▼ 3.1pp0.0%▼ 16.1pp
Current ratio1.31below the sector's middle half▲ 0.161.52within the sector's middle half▲ 0.211.23below the sector's middle half▼ 0.291.19within the sector's middle half▼ 0.040.99▼ 0.19
Return on assets (ROA)60.5%above the sector's middle half▲ 32.0pp45.3%above the sector's middle half▼ 15.1pp65.5%above the sector's middle half▲ 20.2pp70.9%above the sector's middle half▲ 5.4pp191.6%▲ 120.7pp
above within below the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, 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
€0€50,000€100,000Operating result 2022: €71,089€71,089Net result 2022: €55,667€55,667Operating result 2023: €55,202€55,202Net result 2023: €42,944€42,944Operating result 2024: €80,997€80,997Net result 2024: €63,372€63,372Operating result 2025: €103,140€103,140Net result 2025: €81,664€81,664Operating result 2026: €93,306€93,306Net result 2026: €73,717€73,71720222023202420252026€0€50,000€100,000Operating result 2024: €80,997€81,000Net result 2024: €63,372€63,400Operating result 2025: €103,140€103,000Net result 2025: €81,664€81,700Operating result 2026: €93,306€93,300Net result 2026: €73,717€73,700202420252026
The operating result falls in 2026; 2026 is 10% below 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €38,471
Fixed assets €313 ▼ 28.8%
Current assets €38,158 ▼ 66.7%
Key figures and ratios
2026 value · change against 2025
EBITDA
€93,460▼
2025 · €103,291
Cash flow
€73,871▼
2025 · €81,816
Interest coverage
360.89▼
2025 · 368.53
Debt ≤ 1 year
€38,371▼
2025 · €96,476
Income taxes
€19,330▼
2025 · €21,325
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,153 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
1.7% went bankrupt
2.2% stopped otherwise
96% still going

For this company itself Checked computes a lower bankruptcy probability: 0.2% 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 2,153 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 · 2026 against 2025 · 39 lines
Balance sheet Code20252026
Assets
Total assets20/58€115,176€38,471▼
Fixed assets21/28€439€313▼
Tangible fixed assets22/27€439€313▼
Plant, machinery and equipment23€439€288▼
Furniture and vehicles24-€25
Current assets29/58€114,737€38,158▼
Amounts receivable within one year40/41€26,258€13,367▼
Trade receivables40€24,984€13,367▼
Other amounts receivable41€1,275€0▼
Cash at bank and in hand54/58€86,136€22,572▼
Deferred charges and accrued income490/1€2,343€2,218▼
Equity and liabilities
Total equity and liabilities10/49€115,176€38,471▼
Equity10/15€18,600€0▼
Contributions10/11€18,600€0▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€96,576€38,471▼
Amounts payable within one year42/48€96,476€38,371▼
Trade debts44€1,559€1,327▼
Suppliers440/4€1,559€1,327▼
Taxes, remuneration and social security45€13,253€14,127▲
Taxes450/3€10,428€14,127▲
Remuneration and social security454/9€2,825€0▼
Other amounts payable47/48€81,664€22,917▼
Accrued charges and deferred income492/3€100€100=
Income statement Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€152€154▲
Other operating charges640/8€575€404▼
Gross operating margin9900€103,866€93,864▼
Operating profit (loss)9901€103,140€93,306▼
Financial income75/76B€130€0▼
Recurring financial income75€130€0▼
Financial charges65/66B€280€259▼
Recurring financial charges65€280€259▼
Profit (loss) for the period before taxes9903€102,989€93,047▼
Income taxes67/77€21,325€19,330▼
Profit (loss) for the period9904€81,664€73,717▼
Profit (loss) for the period to be appropriated9905€81,664€73,717▼
Appropriation of the result
Profit (loss) to be appropriated9906€81,664€73,717▼
Profit to be distributed694/7€81,664€73,717▼
Return on contributions (dividend)694€81,664€73,717▼

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

Line20222023202420252026Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€15€152€152€154▲ 1.7%
Other operating charges640/8€557€497€1,836€575€404▼ 29.7%
Gross operating margin9900€71,646€55,714€82,985€103,866€93,864▼ 9.6%
Operating profit (loss)9901€71,089€55,202€80,997€103,140€93,306▼ 9.5%
Financial income75/76B--€47€130€0▼ 100%
Recurring financial income75--€47€130€0▼ 100%
Financial charges65/66B€402€420€491€280€259▼ 7.6%
Recurring financial charges65€402€420€491€280€259▼ 7.6%
Profit (loss) for the period before taxes9903€70,687€54,782€80,553€102,989€93,047▼ 9.7%
Income taxes67/77€15,021€11,838€17,180€21,325€19,330▼ 9.4%
Profit (loss) for the period9904€55,667€42,944€63,372€81,664€73,717▼ 9.7%
Profit (loss) for the period to be appropriated9905€55,667€42,944€63,372€81,664€73,717▼ 9.7%
Line20222023202420252026Change
Assets
Total assets20/58€92,016€94,701€96,748€115,176€38,471▼ 66.6%
Fixed assets21/28-€743€591€439€313▼ 28.8%
Tangible fixed assets22/27-€743€591€439€313▼ 28.8%
Plant, machinery and equipment23-€743€591€439€288▼ 34.5%
Furniture and vehicles24----€25-
Current assets29/58€92,016€93,958€96,157€114,737€38,158▼ 66.7%
Amounts receivable within one year40/41€12,602€10,980€17,603€26,258€13,367▼ 49.1%
Trade receivables40€12,600€10,980€17,108€24,984€13,367▼ 46.5%
Other amounts receivable41€2€0€495€1,275€0▼ 100%
Cash at bank and in hand54/58€77,355€79,304€74,944€86,136€22,572▼ 73.8%
Deferred charges and accrued income490/1€2,060€3,675€3,610€2,343€2,218▼ 5.3%
Equity and liabilities
Total equity and liabilities10/49€92,016€94,701€96,748€115,176€38,471▼ 66.6%
Equity10/15€6,324€18,600€18,600€18,600€0▼ 100%
Contributions10/11€6,324€18,600€18,600€18,600€0▼ 100%
Profit (loss) carried forward14€0€0€0€0€0-
Amounts payable17/49€85,692€76,101€78,148€96,576€38,471▼ 60.2%
Amounts payable within one year42/48€70,332€61,765€78,148€96,476€38,371▼ 60.2%
Trade debts44-€109€3,106€1,559€1,327▼ 14.9%
Suppliers440/4-€109€3,106€1,559€1,327▼ 14.9%
Taxes, remuneration and social security45€14,358€18,667€11,669€13,253€14,127▲ 6.6%
Taxes450/3€11,683€15,887€8,869€10,428€14,127▲ 35.5%
Remuneration and social security454/9€2,675€2,780€2,800€2,825€0▼ 100%
Other amounts payable47/48€55,974€42,990€63,372€81,664€22,917▼ 71.9%
Accrued charges and deferred income492/3€15,360€14,335€0€100€100=
Line20222023202420252026Change
Profit (loss) for the period9904€55,667€42,944€63,372€81,664€73,717▼ 9.7%
+ Depreciation and write-downs630-€15€152€152€154▲ 1.7%
Operating cash flow (approximation)€55,667€42,960€63,524€81,816€73,871▼ 9.7%
Investment in fixed assets (approximation)--€0€0-€28-
Change in cash-€1,949-€4,360€11,192-€63,563▼ 668%

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

Next filing, fiscal year 2027, expected by 31-10-2027
2026
16-07
NBB filing Annual accounts filed
fiscal year 2026 · micro schema
2025
08-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial Highest result since 2019net €81,664 ▲28.9%
Operating result €103,140, net result €81,664, both a record.
2024
24-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
18-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
30-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
21-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
24-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial Weakest financial yearnet €16,612 ▼61.8%
Net result drops to €16,612, the lowest in the series; recovery starts the following year.
2019
07-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
17-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Harelbeke · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
756 m²
Building footprint
144 m²
Volume, LiDAR
807 m³
Parcel 34322B0434/00F000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Pyonic
Wilgenlaan 16, 8530 HarelbekeComputer programming, consultancy and related activities
since 20172.263.754.128
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34322B0434/00F000 Flanders 756 m² 1 · 144 m² 8.0 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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 and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 16,913 companies in this sector we hold annual accounts for 8,787. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded20-04-2017
Fiscal year end31-03
Activities, NACEBEL 2025
62100Computer programming
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
63920Other information service activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0674666177
Registered 21-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.