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PYRAMID

Active
Public limited companyfounded 199234 yrs activeIndustrieweg (H) 88, 3980 Tessenderlo-Ham, BelgiumKBO/BCE: BE 0447.940.654
Summary

PYRAMID has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €235,171 and a net result of €2,601. Equity remains stable across the filed fiscal years (±0.5% per year). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability40▲+1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18,000 at 30 days acceptable
Liquidity ample (current ratio 42.74; short-term debt: 0.2% of total assets), and 0.2% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 34 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
44 d early
2023
35 d early
2022
56 d early
2021
47 d early
2020
52 d early
2019
36 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 45 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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

PYRAMID was incorporated on 22 July 1992.1 Total assets went from EUR 228,152 in 2018 to EUR 235,673 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
€235,171▲ 1.1%
2023 · €232,571
Total assets
€235,673▲ 1.3%
2023 · €232,571
Net result
€2,601▲ 124%
2023 · €1,163
Working capital
€20,947
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€244▼ 66.9%€914▲ 274%€1,359▲ 48.6%€379▼ 72.1%€2,089▲ 452%
Net result€244▼ 66.9%€914▲ 274%€1,359▲ 48.6%€1,163▼ 14.4%€2,601▲ 124%
Equity€229,135▲ 0.1%€230,049▲ 0.4%€231,407▲ 0.6%€232,571▲ 0.5%€235,171▲ 1.1%
Total assets€229,135▲ 0.1%€230,049▲ 0.4%€231,407▲ 0.6%€232,571▲ 0.5%€235,673▲ 1.3%
Debt€502
Working capital€20,947
Staff (FTE)00
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€1,000€2,000€3,000Operating result 2020: €244€244Net result 2020: €244€244Operating result 2021: €914€914Net result 2021: €914€914Operating result 2022: €1,359€1,359Net result 2022: €1,359€1,359Operating result 2023: €379€379Net result 2023: €1,163€1,163Operating result 2024: €2,089€2,089Net result 2024: €2,601€2,60120202021202220232024€0€1,000€2,000€3,000Operating result 2022: €1,359€1,360Net result 2022: €1,359€1,360Operating result 2023: €379€379Net result 2023: €1,163€1,160Operating result 2024: €2,089€2,090Net result 2024: €2,601€2,600202220232024
The operating result recovers in 2024; 2024 is 452% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €235,673
Fixed assets €214,224 ▼ 1.0%
Current assets €21,449 ▲ 31.7%
Equity and liabilities €235,673
Equity €235,171
Debt €502
Debt finances 0.2% of the balance-sheet total.
Key figures and ratios
2024 value · change against 2023
EBITDA
€4,147▲
2023 · €2,436
Cash flow
€4,658▲
2023 · €3,220
Current ratio
42.74
Debt to equity
0.00
ROE
1.1%▲
2023 · 0.5%
ROA
1.1%▲
2023 · 0.5%
Debt ≤ 1 year
€502
Income taxes
€502
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,027 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 17,027 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 · 36 lines
Balance sheet Code20232024
Assets
Total assets20/58€232,571€235,673▲
Fixed assets21/28€216,282€214,224▼
Tangible fixed assets22/27€216,282€214,224▼
Land and buildings22€216,282€214,224▼
Current assets29/58€16,289€21,449▲
Amounts receivable within one year40/41€16,042€21,187▲
Other amounts receivable41€16,042€21,187▲
Deferred charges and accrued income490/1€247€262▲
Equity and liabilities
Total equity and liabilities10/49€232,571€235,673▲
Equity10/15€232,571€235,171▲
Contributions10/11€213,188€213,188=
Capital10€213,188€213,188=
Issued capital100€213,188€213,188=
Reserves13€20,583€21,983▲
Non-distributable reserves130/1€20,583€21,983▲
Legal reserve130€20,583€21,983▲
Profit (loss) carried forward14-€1,201€0▲
Amounts payable17/49-€502
Amounts payable within one year42/48-€502
Taxes, remuneration and social security45-€502
Taxes450/3-€502
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,057€2,057=
Other operating charges640/8€1,513€1,559▲
Gross operating margin9900€3,949€5,706▲
Operating profit (loss)9901€379€2,089▲
Financial income75/76B€784€1,013▲
Recurring financial income75€784€1,013▲
Profit (loss) for the period before taxes9903€1,163€3,103▲
Income taxes67/77-€502
Profit (loss) for the period9904€1,163€2,601▲
Profit (loss) for the period to be appropriated9905€1,163€2,601▲
Appropriation of the result
Profit (loss) to be appropriated9906-€1,201€1,400▲
Profit (loss) brought forward from the previous period14P-€2,364-€1,201▲
Transfer to equity691/2-€1,400
To the legal reserve6920-€1,400
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,057€2,057€2,057€2,057€2,057=
Other operating charges640/8-€1,668€1,383€1,513€1,559▲ 3.0%
Gross operating margin9900€3,901€4,640€4,799€3,949€5,706▲ 44.5%
Operating profit (loss)9901€244€914€1,359€379€2,089▲ 452%
Financial income75/76B---€784€1,013▲ 29.2%
Recurring financial income75---€784€1,013▲ 29.2%
Profit (loss) for the period before taxes9903€244€914€1,359€1,163€3,103▲ 167%
Income taxes67/77----€502-
Profit (loss) for the period9904€244€914€1,359€1,163€2,601▲ 124%
Profit (loss) for the period to be appropriated9905€244€914€1,359€1,163€2,601▲ 124%
Line20202021202220232024Change
Assets
Total assets20/58€229,135€230,049€231,407€232,571€235,673▲ 1.3%
Fixed assets21/28€222,454€220,397€218,339€216,282€214,224▼ 1.0%
Tangible fixed assets22/27€222,454€220,397€218,339€216,282€214,224▼ 1.0%
Land and buildings22-€220,397€218,339€216,282€214,224▼ 1.0%
Current assets29/58€6,681€9,652€13,068€16,289€21,449▲ 31.7%
Amounts receivable within one year40/41€6,484€9,450€12,851€16,042€21,187▲ 32.1%
Other amounts receivable41-€9,450€12,851€16,042€21,187▲ 32.1%
Deferred charges and accrued income490/1-€203€217€247€262▲ 6.2%
Equity and liabilities
Total equity and liabilities10/49€229,135€230,049€231,407€232,571€235,673▲ 1.3%
Equity10/15€229,135€230,049€231,407€232,571€235,171▲ 1.1%
Contributions10/11€213,188€213,188€213,188€213,188€213,188=
Capital10-€213,188€213,188€213,188€213,188=
Issued capital100-€213,188€213,188€213,188€213,188=
Reserves13€20,583€20,583€20,583€20,583€21,983▲ 6.8%
Non-distributable reserves130/1-€20,583€20,583€20,583€21,983▲ 6.8%
Legal reserve130-€20,583€20,583€20,583€21,983▲ 6.8%
Profit (loss) carried forward14-€4,637-€3,722-€2,364-€1,201€0▲ 100%
Amounts payable17/49----€502-
Amounts payable within one year42/48----€502-
Taxes, remuneration and social security45----€502-
Taxes450/3----€502-
Line20202021202220232024Change
Profit (loss) for the period9904€244€914€1,359€1,163€2,601▲ 124%
+ Depreciation and write-downs630€2,057€2,057€2,057€2,057€2,057=
Operating cash flow (approximation)€2,302€2,972€3,416€3,220€4,658▲ 44.6%
Investment in fixed assets (approximation)-€0€0€0€0-

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
17-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Highest result since 2018net €2,601 ▲124%
Operating result €2,089, net result €2,601, both a record.
26-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
05-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
14-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
09-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
25-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Back to profitnet €738
Net result €738 after one loss-making year.
24-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 21 days late
2016
08-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated 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
4 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, Tessenderlo-Ham · 1 establishment unit since 1992
seat establishment The establishment unit on the map
Ground area
3,620 m²
Building footprint
241 m²
Volume, LiDAR
759 m³
Parcel 71363C0294/00Y000, Flanders · tallest building 7.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
PYRAMID
Industrieweg (H) 88, 3980 Tessenderlo-HamNACE 70201
since 19922.059.305.743
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71363C0294/00Y000 Flanders 3,620 m² 1 · 241 m² 7.6 m · 1 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.

Identification & contact

Identification
Legal formPublic limited company
Founded22-07-1992
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 27 September 2026 · Peppol Directory

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