PYROCORE
InactiveInactive since 16-06-2026; last annual accounts for fiscal year 2025.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-9.12M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-04-2026, 101 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
101 d early
2024
31 d early
2023
92 d late
2022
22 d late
2021
2 d early
2020
27 d late
2019
18 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-11k▲ 99.1%
2024 · €-1.17M
2018: €-723k
2019: €-1.62M▼ -123% vs 2018
2020: €-3.68M▼ -128% vs 2019
2021: €-832k▲ +77.4% vs 2020
2022: €-767k▲ +7.8% vs 2021
2023: €-21.41M▼ -2693% vs 2022lowest in 8 years
2024: €-1.17M▲ +94.5% vs 2023
2025: €-11k▲ +99.1% vs 2024highest in 8 years
2018 → 2025
Working capital
€-9.12M▼ 0.1%
2024 · €-9.10M
2018: €-2.28M
2019: €-3.02M▼ -32.5% vs 2018
2020: €-6.68M▼ -122% vs 2019
2021: €5.17M▲ +177% vs 2020highest in 8 years
2022: €-4.41M▼ -185% vs 2021
2023: €-7.84M▼ -77.8% vs 2022
2024: €-9.10M▼ -16.1% vs 2023
2025: €-9.12M▼ -0.1% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€14.21M-€13.48M▼ 5.1%€-7.94M€-9.10M▼ 14.7%€-9.12M▼ 0.1%
2021: €14.21Mhighest in 5 years
2022: €13.48M▼ -5.1% vs 2021
2023: €-7.94M▼ -159% vs 2022
2024: €-9.10M▼ -14.7% vs 2023
2025: €-9.12M▼ -0.1% vs 2024lowest in 5 years
Operating result€-574k-€-954k▼ 66.1%€-896k▲ 6.1%€280k€-11k
2021: €-574k
2022: €-954k▼ -66.1% vs 2021lowest in 5 years
2023: €-896k▲ +6.1% vs 2022
2024: €280k▲ +131% vs 2023highest in 5 years
2025: €-11k▼ -104% vs 2024
Net result€-832k-€-767k▲ 7.8%€-21.41M▼ 2,693%€-1.17M▲ 94.5%€-11k▲ 99.1%
2021: €-832k
2022: €-767k▲ +7.8% vs 2021
2023: €-21.41M▼ -2693% vs 2022lowest in 5 years
2024: €-1.17M▲ +94.5% vs 2023
2025: €-11k▲ +99.1% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €11k after €280k in 2024.
Key figures and ratios
Debt
€9.12M▲
2024 · €9.11M
Debt ≤ 1 year
€9.12M▲
2024 · €9.11M
Staff costs
€-170▼
2024 · €163
Ratios withheld: a balance sheet total of €4k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€8k€4k▼
Fixed assets21/28€0-
Intangible fixed assets21€0-
Tangible fixed assets22/27€0-
Furniture and vehicles24€0-
Financial fixed assets28€0-
Current assets29/58€8k€4k▼
Amounts receivable within one year40/41€6k€169▼
Trade receivables40€0-
Other amounts receivable41€6k€169▼
Cash at bank and in hand54/58€1k€3k▲
Deferred charges and accrued income490/1€814€364▼
Equity and liabilities
Total equity and liabilities10/49€8k€4k▼
Equity10/15€-9.10M€-9.12M▼
Contributions10/11€15.08M€15.08M=
Capital10€15.08M€15.08M=
Issued capital100€15.08M€15.08M=
Profit (loss) carried forward14€-24.18M€-24.19M=
Provisions and deferred taxes16€0-
Provisions for liabilities and charges160/5€0-
Other liabilities and charges164/5€0-
Amounts payable17/49€9.11M€9.12M▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€9.11M€9.12M▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€6k€8k▲
Suppliers440/4€6k€8k▲
Other amounts payable47/48€9.11M€9.11M▲
Income statement
Code20242025
Non-recurring operating income76A€361k-
Goods, raw materials, services and sundry goods60/61€182k-
Remuneration, social security and pensions62€163€-170▼
Other operating charges640/8€5k€565▼
Non-recurring operating charges66A€-100k-
Gross operating margin9900€185k€-10k▼
Operating profit (loss)9901€280k€-11k▼
Financial income75/76B€162k-
Recurring financial income75€162k-
Financial charges65/66B€1.61M€359▼
Recurring financial charges65€1.26M€359▼
Non-recurring financial charges66B€350k-
Profit (loss) for the period before taxes9903€-1.17M€-11k▲
Profit (loss) for the period9904€-1.17M€-11k▲
Profit (loss) for the period to be appropriated9905€-1.17M€-11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-24.18M€-24.19M=
Profit (loss) brought forward from the previous period14P€-23.01M€-24.18M▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €337k | - | €255k | €361k | - | - |
| Goods, raw materials, services and sundry goods60/61 | €745k | €747k | €605k | €182k | - | - |
| Remuneration, social security and pensions62 | - | €42k | €21k | €163 | €-170 | ▼ 204% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €171k | €176k | €179k | - | - | - |
| Other operating charges640/8 | €868 | €879 | €15k | €5k | €565 | ▼ 87.5% |
| Non-recurring operating charges66A | - | - | €382k | €-100k | - | - |
| Gross operating margin9900 | €-402k | €-735k | €-299k | €185k | €-10k | ▼ 106% |
| Operating profit (loss)9901 | €-574k | €-954k | €-896k | €280k | €-11k | ▼ 104% |
| Financial income75/76B | €151k | €333k | €75k | €162k | - | - |
| Recurring financial income75 | €151k | €333k | €75k | €162k | - | - |
| Financial charges65/66B | €408k | €146k | €20.59M | €1.61M | €359 | ▼ 100.0% |
| Recurring financial charges65 | €408k | €146k | €3.16M | €1.26M | €359 | ▼ 100.0% |
| Non-recurring financial charges66B | - | - | €17.44M | €350k | - | - |
| Profit (loss) for the period before taxes9903 | €-832k | €-767k | €-21.41M | €-1.17M | €-11k | ▲ 99.1% |
| Profit (loss) for the period9904 | €-832k | €-767k | €-21.41M | €-1.17M | €-11k | ▲ 99.1% |
| Profit (loss) for the period to be appropriated9905 | €-832k | €-767k | €-21.41M | €-1.17M | €-11k | ▲ 99.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €15.08M | €19.34M | €96k | €8k | €4k | ▼ 51.0% |
| Formation expenses20 | €840 | €0 | €0 | - | - | - |
| Fixed assets21/28 | €9.04M | €17.91M | €17k | €0 | - | - |
| Intangible fixed assets21 | €618k | €450k | €0 | €0 | - | - |
| Tangible fixed assets22/27 | €831 | €28k | €16k | €0 | - | - |
| Furniture and vehicles24 | €831 | €28k | €16k | €0 | - | - |
| Financial fixed assets28 | €8.43M | €17.44M | €235 | €0 | - | - |
| Current assets29/58 | €6.03M | €1.43M | €80k | €8k | €4k | ▼ 51.0% |
| Amounts receivable within one year40/41 | €5.95M | €1.24M | €41k | €6k | €169 | ▼ 97.0% |
| Trade receivables40 | €104k | €5k | €500 | €0 | - | - |
| Other amounts receivable41 | €5.85M | €1.23M | €41k | €6k | €169 | ▼ 97.0% |
| Cash at bank and in hand54/58 | €79k | €187k | €31k | €1k | €3k | ▲ 151% |
| Deferred charges and accrued income490/1 | - | €2k | €7k | €814 | €364 | ▼ 55.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €15.08M | €19.34M | €96k | €8k | €4k | ▼ 51.0% |
| Equity10/15 | €14.21M | €13.48M | €-7.94M | €-9.10M | €-9.12M | ▼ 0.1% |
| Contributions10/11 | €15.04M | €15.08M | €15.08M | €15.08M | €15.08M | = |
| Capital10 | €15.04M | €15.08M | €15.08M | €15.08M | €15.08M | = |
| Issued capital100 | €15.04M | €15.08M | €15.08M | €15.08M | €15.08M | = |
| Profit (loss) carried forward14 | €-832k | €-1.60M | €-23.01M | €-24.18M | €-24.19M | = |
| Provisions and deferred taxes16 | - | - | €100k | €0 | - | - |
| Provisions for liabilities and charges160/5 | - | - | €100k | €0 | - | - |
| Other liabilities and charges164/5 | - | - | €100k | €0 | - | - |
| Amounts payable17/49 | €871k | €5.86M | €7.93M | €9.11M | €9.12M | ▲ 0.1% |
| Amounts payable after more than one year17 | - | €18k | €8k | €0 | - | - |
| Financial debts170/4 | - | €18k | €8k | €0 | - | - |
| Amounts payable within one year42/48 | €863k | €5.84M | €7.92M | €9.11M | €9.12M | ▲ 0.1% |
| Current portion of amounts payable after more than one year42 | - | €9k | €9k | €0 | - | - |
| Trade debts44 | €348k | €263k | €17k | €6k | €8k | ▲ 26.3% |
| Suppliers440/4 | €348k | €263k | €17k | €6k | €8k | ▲ 26.3% |
| Taxes, remuneration and social security45 | €5k | €5k | €179 | - | - | - |
| Taxes450/3 | €5k | - | - | - | - | - |
| Remuneration and social security454/9 | - | €5k | €179 | - | - | - |
| Other amounts payable47/48 | €510k | €5.56M | €7.90M | €9.11M | €9.11M | ▲ 0.1% |
| Accrued charges and deferred income492/3 | €9k | €4k | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-832k | €-767k | €-21.41M | €-1.17M | €-11k | ▲ 99.1% |
| + Depreciation and write-downs630 | €171k | €176k | €179k | - | - | - |
| Operating cash flow (approximation) | €-661k | €-591k | €-21.24M | €-1.17M | €-11k | ▲ 99.1% |
| Investment in fixed assets (approximation) | - | €-9.05M | €17.72M | €17k | - | - |
| Change in cash | - | €108k | €-156k | €-30k | €2k | ▲ 106% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 92 days late
2023
31-12
Financial
Weakest financial yearnet €-21.41M
Net result drops to €-21.41M, the lowest in the series.
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 22 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Liquidity times 42current ratio 6.99
Current ratio from 0.17 to 6.99; short-term debt falls from €8.04M to €863k.
31-12
Financial
Equity above €10MEq €14.21M ▲479%
Equity rises from €2.45M to €14.21M.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 27 days late
2020
31-12
Financial
Equity above €2MEq €2.45M ▲118%
Equity rises from €1.12M to €2.45M.
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 18 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 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
13 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, Oudergem
Ground area
3,929 m²
Building footprint
1,150 m²
Volume, LiDAR
28,081 m³
Parcel 21332B0081/00H002, Brussels · tallest building 30.4 m, ±9 floors. Linked by address, not a title deed.
170
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21332B0081/00H002 | Brussels | 3,929 m² | 1 · 1,150 m² | 30.4 m · 9 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.
Recognitions · licences · registrations
Legal Entity Identifier
875500ITOCU21XU8MN41
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector. Of 3 companies in sector 38220 we hold annual accounts for 3. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded02-08-2018
Fiscal year end31-12
Activities, NACEBEL 2025
38220Waste collection, recovery and disposal activities
Scores and ratios are computed by Checked and are not a credit decision.