PYPAERT
ActivePYPAERT has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €110k and a net result of €-5k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 80% of 403 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability64▼-6
Solvency99▲+5
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 3.19 against 2.76 in 2024; short-term debt: 26.1% and cash: 37% of total assets), and 26.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 31
Relative position
BE, all sectors
reference
Sector 31
higher
← fewer bankruptcies
more bankruptcies →
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 20-03-2026, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
41 d early
2024
34 d early
2023
25 d early
2022
40 d early
2021
37 d early
2020
39 d early
2019
34 d early
← 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
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€110k▼ 5.9%
2024 · €117k
2018: €121k
2019: €114k
2020: €110k
2021: €125k
2022: €117k
2023: €117k
2024: €117k
2018 → 2025
Total assets
€149k▼ 11.6%
2024 · €169k
2018: €161k
2019: €161k
2020: €138k
2021: €166k
2022: €173k
2023: €188k
2024: €169k
2018 → 2025
Net result
€-5k
2024 · €2k
2018: €23k
2019: €967
2020: €-4k
2021: €15k
2022: €-7k
2023: €2k
2024: €2k
2018 → 2025
Working capital
€86k▼ 3.0%
2024 · €88k
2018: €71k
2019: €57k
2020: €49k
2021: €74k
2022: €77k
2023: €82k
2024: €88k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€125k-€117k▼ 6.4%€117k=€117k▲ 0.4%€110k▼ 5.9%
Operating result€17k-€-7k€5k€3k▼ 42.7%€-2k
Net result€15k-€-7k€2k€2k▲ 34.5%€-5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2k after €3k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €149k
Fixed assets
€25k▼ 20.0%
Current assets
€125k▼ 9.8%
Equity and liabilities €149k
Equity
€110k▼ 5.9%
Debt
€39k▼ 24.7%
The debt ratio falls from 30.7% to 26.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€10k▼
2024 · €18k
Cash flow
€7k▼
2024 · €18k
Solvency
73.9%▲
2024 · 69.3%
Current ratio
3.19▲
2024 · 2.76
Quick ratio
2.81▲
2024 · 2.36
Debt / equity
0.35▼
2024 · 0.44
ROE
-4.7%▼
2024 · 1.9%
ROA
-3.5%▼
2024 · 1.3%
Interest coverage
18.79▲
2024 · 13.41
Debt
€39k▼
2024 · €52k
Debt ≤ 1 year
€39k▼
2024 · €50k
Debt > 1 year
€0▼
2024 · €826
Income taxes
€3k▲
2024 · €2k
Staff costs
€56k▼
2024 · €66k
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€169k€149k▼
Fixed assets21/28€31k€25k▼
Tangible fixed assets22/27€31k€25k▼
Land and buildings22€7k€9k▲
Plant, machinery and equipment23€6k€2k▼
Furniture and vehicles24€1k€3k▲
Other tangible fixed assets26€16k€11k▼
Financial fixed assets28€50€50=
Current assets29/58€138k€125k▼
Stocks and contracts in progress3€20k€15k▼
Stocks30/36€10k€15k▲
Contracts in progress37€10k€0▼
Amounts receivable within one year40/41€33k€54k▲
Trade receivables40€30k€54k▲
Other amounts receivable41€3k€170▼
Cash at bank and in hand54/58€80k€55k▼
Deferred charges and accrued income490/1€5k€0▼
Equity and liabilities
Total equity and liabilities10/49€169k€149k▼
Equity10/15€117k€110k▼
Contributions10/11€19k€19k=
Reserves13€99k€92k▼
Tax-exempt reserves132€12k€0▼
Distributable reserves133€87k€92k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€52k€39k▼
Amounts payable after more than one year17€826€0▼
Financial debts170/4€826€0▼
Amounts payable within one year42/48€50k€39k▼
Current portion of amounts payable after more than one year42€5k€826▼
Trade debts44€25k€13k▼
Suppliers440/4€25k€13k▼
Taxes, remuneration and social security45€4k€9k▲
Taxes450/3€2k€4k▲
Remuneration and social security454/9€2k€4k▲
Other amounts payable47/48€16k€17k▲
Accrued charges and deferred income492/3€1k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€66k€56k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€13k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€101
Other operating charges640/8€982€1k▲
Non-recurring operating charges66A€53€329▲
Gross operating margin9900€85k€68k▼
Operating profit (loss)9901€3k€-2k▼
Financial income75/76B€3k€1k▼
Recurring financial income75€3k€1k▼
Financial charges65/66B€1k€930▼
Recurring financial charges65€1k€546▼
Non-recurring financial charges66B-€384
Profit (loss) for the period before taxes9903€4k€-2k▼
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€2k€-5k▼
Transfer from tax-exempt reserves789-€12k
Profit (loss) for the period to be appropriated9905€2k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€7k▲
Transfer from equity791/2€2k€2k▼
Transfer to equity691/2€2k€7k▲
To other reserves6921€2k€7k▲
Profit to be distributed694/7€2k€2k▼
Return on contributions (dividend)694€2k€2k▼
The notes to these accounts (16 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
20-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
21-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Weakest financial yearnet €-7k ▼147%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
24-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
22-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-03
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
2 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, Dentergem · 1 establishment unit since 1990
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.
Oostrozebekestraat 48720 DentergemGround area
1,411 m²
Building footprint
530 m²
Volume, LiDAR
2,127 m³
Parcel 37002B0002/00C000, Flanders · tallest building 8.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
PYPAERT BVBA
since 19902.047.376.624
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37002B0002/00C000 | Flanders | 1,411 m² | 1 · 530 m² | 8.2 m · 1 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.
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Sint-Genesius-Rode · Eq €111k
EICHER
BE 0420.797.381
Malmedy · Eq €111k
HOME DECOR TRAEY
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Antwerpen · Eq €111k
M.V.E. MENUISERIE EBENISTERIE
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Of 1,499 companies in sector 31004 we hold annual accounts for 620. 464 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-12-1989
Fiscal year end30-09
Activities, NACEBEL
31004Manufacture of dining room, living room, bedroom and bathroom furniture
36111
36141
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.