PYROTECH
ActivePYROTECH has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.05M and a net result of €51k. Equity is growing by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 61% of 17964 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
74
/ 100
Healthy▼ -5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability24▼-3
Solvency92▲+3
Growth52=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 2.54 against 2.47 in 2024), but 52.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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
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
47.3%
Return on assets
2.3%
Age of the figures
14 mo
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 · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 11-02-2026, 11 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
11 d late
2024
1 d late
2023
8 d late
2022
129 d late
2021
44 d late
2020
on the day
2019
7 d early
← 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 close12-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€51k▼ 4.4%
2024 · €53k
2019: €71k
2020: €70k
2021: €47k
2022: €87k
2023: €63k
2024: €53k
2019 → 2025
Working capital
€1.01M▲ 2.1%
2024 · €992k
2019: €557k
2020: €545k
2021: €593k
2022: €773k
2023: €894k
2024: €992k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€798k-€885k▲ 10.9%€947k▲ 7.1%€1.00M▲ 5.6%€1.05M▲ 5.1%
Operating result€77k-€122k▲ 58.2%€88k▼ 27.7%€87k▼ 1.2%€84k▼ 4.0%
Net result€47k-€87k▲ 85.0%€63k▼ 27.9%€53k▼ 15.4%€51k▼ 4.4%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.22M
Fixed assets
€550k▼ 3.2%
Current assets
€1.67M▲ 0.2%
Equity and liabilities €2.22M
Equity
€1.05M▲ 5.1%
Debt
€1.17M▼ 5.3%
The debt ratio falls from 55.3% to 52.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€180k▼
2024 · €204k
Cash flow
€147k▼
2024 · €170k
Solvency
47.3%▲
2024 · 44.7%
Current ratio
2.54▲
2024 · 2.47
Quick ratio
0.99▼
2024 · 1.00
Debt / equity
1.11▼
2024 · 1.24
ROE
4.8%▼
2024 · 5.3%
ROA
2.3%▼
2024 · 2.4%
Interest coverage
9.64▼
2024 · 12.42
Debt
€1.17M▼
2024 · €1.24M
Debt ≤ 1 year
€658k▼
2024 · €675k
Debt > 1 year
€512k▼
2024 · €561k
Income taxes
€14k▼
2024 · €18k
Staff costs
€645k▼
2024 · €743k
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€2.24M€2.22M▼
Fixed assets21/28€569k€550k▼
Tangible fixed assets22/27€567k€548k▼
Land and buildings22€477k€489k▲
Plant, machinery and equipment23€39k€15k▼
Furniture and vehicles24€50k€44k▼
Financial fixed assets28€2k€2k=
Current assets29/58€1.67M€1.67M▲
Stocks and contracts in progress3€989k€1.02M▲
Stocks30/36€989k€1.02M▲
Amounts receivable within one year40/41€612k€600k▼
Trade receivables40€612k€600k▼
Other amounts receivable41-€799
Cash at bank and in hand54/58€67k€49k▼
Equity and liabilities
Total equity and liabilities10/49€2.24M€2.22M▼
Equity10/15€1.00M€1.05M▲
Contributions10/11€75k€75k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€924k€974k▲
Amounts payable17/49€1.24M€1.17M▼
Amounts payable after more than one year17€561k€512k▼
Financial debts170/4€137k€97k▼
Other amounts payable178/9€424k€416k▼
Amounts payable within one year42/48€675k€658k▼
Current portion of amounts payable after more than one year42€51k€48k▼
Trade debts44€517k€472k▼
Suppliers440/4€517k€472k▼
Taxes, remuneration and social security45€107k€138k▲
Taxes450/3€40k€77k▲
Remuneration and social security454/9€67k€61k▼
Income statement
Code20242025
Remuneration, social security and pensions62€743k€645k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€117k€97k▼
Other operating charges640/8€38k€61k▲
Non-recurring operating charges66A€568€159▼
Gross operating margin9900€986k€886k▼
Operating profit (loss)9901€87k€84k▼
Financial charges65/66B€16k€19k▲
Recurring financial charges65€16k€19k▲
Profit (loss) for the period before taxes9903€71k€65k▼
Income taxes67/77€18k€14k▼
Profit (loss) for the period9904€53k€51k▼
Profit (loss) for the period to be appropriated9905€53k€51k▼
Appropriation of the result
Profit (loss) to be appropriated9906€924k€974k▲
Profit (loss) brought forward from the previous period14P€871k€924k▲
The notes to these accounts (7 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
11-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
01-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 1 day late
2024
30-06
Financial
Equity above €1MEq €1.00M ▲5.6%
6 profitable years in a row build equity to €1.00M.
08-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 129 days late
2022
30-06
Financial
Highest result since 2019net €87k ▲85%
Operating result €122k, net result €87k, both a record.
16-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 44 days late
2021
30-06
Financial
Weakest financial yearnet €47k ▼32.4%
Net result drops to €47k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
24-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
28-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
01-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Charleroi · 3 establishment units since 1996
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.
Chaussée de Châtelineau 2546061 CharleroiGround area
4,806 m²
Building footprint
1,273 m²
Volume, LiDAR
9,944 m³
3 parcels, Wallonia · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
Chaussée de Châtelineau 254, 6061 Charleroi
since 19962.075.304.310
Pyrotech
since 20142.237.458.121
Pyritech Marbrerie
since 20202.327.989.508
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52021C0317/00W006 | Wallonia | 3,275 m² | 1 · 1,173 m² | 8.9 m · 3 fl. |
| 52049C0039/00L002 | Wallonia | 1,252 m² | 1 · 39 m² | 8.7 m · 2 fl. |
| 52049C0911/00M004 | Wallonia | 280 m² | 1 · 60 m² | 11.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
BELGOFIRE
BE 0546.865.808
Gent · Eq €1.05M
NOVA AIR
BE 0781.402.702
Bree · Eq €1.07M
BUILDING AND ROOF MANAGEMENT
BE 0895.079.475
Herzele · Eq €1.07M
Groupe Delta T-Groep Delta T
BE 0408.308.335
Sint-Pieters-Leeuw · Eq €1.08M
ANTONIO LUPI DISTRIBUTION
BE 0456.297.403
Anderlecht · Eq €1.02M
Of 469 companies in sector 46842 we hold annual accounts for 344. 252 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-05-1992
Fiscal year end30-06
Activities, NACEBEL
46842Wholesale trade
47552Retail sale of lighting equipment
47592Retail trade
51542
52442
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
45332
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.