Pyrostar
ActivePyrostar has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.24M and a net result of €937k. Equity is growing by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 86% of 7993 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
94
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability99▼-1
Solvency100▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €300k at 30 days acceptable
Liquidity ample (current ratio 11.4 against 3.44 in 2024; short-term debt: 6.8% and cash: 46.4% of total assets), and 17.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
82.6%
Return on assets
23.9%
Age of the figures
15 mo
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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-12-2025, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
43 d early
2023
7 d late
2022
14 d late
2021
1 d late
2020
1 d late
2019
18 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.24M▲ 35.8%
2024 · €2.39M
2019: €1.70M
2020: €1.71M
2021: €1.72M
2022: €1.92M
2023: €1.44M
2024: €2.39M
2019 → 2025
Total assets
€3.93M▲ 7.7%
2024 · €3.65M
2019: €2.59M
2020: €2.45M
2021: €2.46M
2022: €2.95M
2023: €3.13M
2024: €3.65M
2019 → 2025
Net result
€937k▼ 0.9%
2024 · €946k
2019: €308k
2020: €5k
2021: €13k
2022: €396k
2023: €590k
2024: €946k
2019 → 2025
Working capital
€2.77M▲ 43.0%
2024 · €1.94M
2019: €792k
2020: €888k
2021: €957k
2022: €1.43M
2023: €996k
2024: €1.94M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.72M-€1.92M▲ 11.4%€1.44M▼ 24.7%€2.39M▲ 65.5%€3.24M▲ 35.8%
Operating result€19k-€473k▲ 2,441%€799k▲ 68.9%€1.32M▲ 65.7%€1.30M▼ 1.9%
Net result€13k-€396k▲ 2,879%€590k▲ 49.2%€946k▲ 60.2%€937k▼ 0.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 2% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.93M
Fixed assets
€887k▼ 2.8%
Current assets
€3.04M▲ 11.2%
Equity and liabilities €3.93M
Equity
€3.24M▲ 35.8%
Debt
€684k▼ 45.6%
The debt ratio falls from 34.5% to 17.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.41M▼
2024 · €1.42M
Cash flow
€1.05M▲
2024 · €1.04M
Solvency
82.6%▲
2024 · 65.5%
Current ratio
11.40▲
2024 · 3.44
Quick ratio
7.11▲
2024 · 2.38
Debt / equity
0.21▼
2024 · 0.53
ROE
28.9%▼
2024 · 39.6%
ROA
23.9%▼
2024 · 25.9%
Interest coverage
26.44▼
2024 · 27.64
Debt
€684k▼
2024 · €1.26M
Debt ≤ 1 year
€267k▼
2024 · €795k
Debt > 1 year
€387k▼
2024 · €433k
Income taxes
€317k▼
2024 · €327k
Staff costs
€269k▲
2024 · €209k
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€3.65M€3.93M▲
Fixed assets21/28€913k€887k▼
Tangible fixed assets22/27€913k€887k▼
Land and buildings22€872k€799k▼
Plant, machinery and equipment23€41k€25k▼
Furniture and vehicles24-€62k
Current assets29/58€2.74M€3.04M▲
Stocks and contracts in progress3€844k€1.14M▲
Stocks30/36€844k€1.14M▲
Amounts receivable within one year40/41€72k€58k▼
Trade receivables40€36k€18k▼
Other amounts receivable41€36k€40k▲
Cash at bank and in hand54/58€1.82M€1.82M▲
Deferred charges and accrued income490/1-€15k
Equity and liabilities
Total equity and liabilities10/49€3.65M€3.93M▲
Equity10/15€2.39M€3.24M▲
Contributions10/11€347k€347k=
Reserves13€2.04M€2.90M▲
Distributable reserves133€2.04M€2.90M▲
Profit (loss) carried forward14€563€57▼
Amounts payable17/49€1.26M€684k▼
Amounts payable after more than one year17€433k€387k▼
Financial debts170/4€233k€187k▼
Other amounts payable178/9€200k€200k=
Amounts payable within one year42/48€795k€267k▼
Current portion of amounts payable after more than one year42€47k€47k=
Trade debts44€165k€157k▼
Suppliers440/4€165k€157k▼
Taxes, remuneration and social security45€170k€44k▼
Taxes450/3€170k€17k▼
Remuneration and social security454/9-€28k
Other amounts payable47/48€413k€19k▼
Accrued charges and deferred income492/3€31k€31k=
Income statement
Code20242025
Remuneration, social security and pensions62€209k€269k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€93k€108k▲
Other operating charges640/8€6k€22k▲
Gross operating margin9900€1.63M€1.70M▲
Operating profit (loss)9901€1.32M€1.30M▼
Financial income75/76B-€8k
Recurring financial income75-€8k
Financial charges65/66B€51k€53k▲
Recurring financial charges65€51k€53k▲
Profit (loss) for the period before taxes9903€1.27M€1.25M▼
Income taxes67/77€327k€317k▼
Profit (loss) for the period9904€946k€937k▼
Profit (loss) for the period to be appropriated9905€946k€937k▼
Appropriation of the result
Profit (loss) to be appropriated9906€946k€938k▼
Profit (loss) brought forward from the previous period14P-€563
Transfer from equity791/2-€82k
Transfer to equity691/2€945k€938k▼
To other reserves6921€945k€938k▼
Profit to be distributed694/7-€82k
Return on contributions (dividend)694-€82k
Social balance
Average headcount (FTE)90874.44.6▲
The notes to these accounts (15 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
2025
30-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Liquidity triplescurrent ratio 11.40
Current ratio from 3.44 to 11.40; short-term debt falls from €795k to €267k.
2024
19-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-06
Financial
Highest result since 2019net €946k ▲60.2%
Operating result €1.32M, net result €946k, both a record.
30-06
Financial
Equity above €2MEq €2.39M ▲65.5%
6 profitable years in a row build equity to €2.39M.
07-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 7 days late
2023
14-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 14 days late
2022
01-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 1 day late
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 1 day late
2020
30-06
Financial
Weakest financial yearnet €5k ▼98.3%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
18-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 18 days late
2019
24-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 22 days late
2017
07-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 7 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Kapellen · 1 establishment unit since 2008
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.
Starrenhoflaan 92950 KapellenGround area
3,830 m²
Building footprint
494 m²
Volume, LiDAR
1,712 m³
Parcel 11023C0181/00T000, Flanders · tallest building 4.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
PYROSTAR BVBA
since 20082.253.663.950
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11023C0181/00T000 | Flanders | 3,830 m² | 1 · 494 m² | 4.8 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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ALLEUR EMBALL
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ENERTHREE
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Of 1,170 companies in sector 46499 we hold annual accounts for 743. 367 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-04-2008
Fiscal year end30-06
Activities, NACEBEL
46499Wholesale of other household goods
46869Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.