PYTHIOS
ActiveSummary
PYTHIOS has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €1.1m and a net result of €18,566. Equity has been growing by about 7.3% per year since 2019. Its solvency ranks better than 95% of 1,362 sector peers (NACE 70, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 05-01-2012 Normal situation
- Activity
- Business and other management consultancy NACE 70200
- Establishment unit
- 2.207.266.969 2980 Zoersel, since 05-01-2012
- Financial year end
- 31 March
- Peppol
- Reachable since 17-10-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €21,921
- ▲ 34.7%
- Turnover
- ≈ €100,000
- estimated
- Profit
- €18,566
- ▼ 35.3%
- Equity
- €1.1m
- ▲ 1.7%
- Total assets
- €1.1m
- ▲ 1.7%
Score breakdownlowers riskSize: total assets €1.1mFigures for financial year 2026 (filed on 02-09-2026)Sector: Activities of head offices; management consultancy activities (NACE 70)Equity €1.1m (99.8% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 86% of them on solvency, 49% on liquidity, 20% on profitability and 45% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 54 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2026, micro format
Annual accounts 2026 filed on 02-09-2026 at the NBB all 13 filings
Every figure per financial year
The operating result for 2026 is 33% higher than in 2025. It is the second rise in a row, after the fall in 2024.
- 2024 Net result -92% on 2023. The previous financial year ran 21 months, this one 12.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,333 | €11,333 | €11,333 | €19,833 | €2,833 | - | - | - |
| Other operating charges640/8 | - | - | - | €2,119 | €1,763 | €1,109 | €1,740 | ▲ 56.9% |
| Gross operating margin9900 | €164,925 | €180,000 | €274,359 | €196,892 | €18,380 | €16,270 | €21,921 | ▲ 34.7% |
| Operating profit (loss)9901 | €151,815 | €168,054 | €262,063 | €174,940 | €13,784 | €15,161 | €20,181 | ▲ 33.1% |
| Financial income75/76B | - | - | - | €76,684 | €4,808 | €24,493 | €7,087 | ▼ 71.1% |
| Recurring financial income75 | €3 | €41,559 | €10,953 | €76,684 | €4,808 | €24,493 | €7,087 | ▼ 71.1% |
| Financial charges65/66B | - | - | - | €18,809 | - | €0 | €0 | ▼ 88.9% |
| Recurring financial charges65 | €0 | - | - | €18,809 | - | €0 | €0 | ▼ 88.9% |
| Profit (loss) for the period before taxes9903 | €151,818 | €209,614 | €273,016 | €232,815 | €18,592 | €39,653 | €27,268 | ▼ 31.2% |
| Income taxes67/77 | €56,087 | €65,557 | €86,301 | €63,921 | €5,304 | €10,974 | €8,701 | ▼ 20.7% |
| Profit (loss) for the period9904 | €95,731 | €144,057 | €186,716 | €168,894 | €13,288 | €28,679 | €18,566 | ▼ 35.3% |
| Profit (loss) for the period to be appropriated9905 | €95,731 | €144,057 | €186,716 | €168,894 | €13,288 | €28,679 | €18,566 | ▼ 35.3% |
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.6m | €0.8m | €1.0m | €1.1m | €1.1m | €1.1m | €1.1m | ▲ 1.7% |
| Fixed assets21/28 | €0.05m | €0.03m | €0.02m | €0.003m | - | - | - | - |
| Tangible fixed assets22/27 | €0.05m | €0.03m | €0.02m | €0.003m | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €0.003m | - | - | - | - |
| Current assets29/58 | €0.6m | €0.7m | €1.0m | €1.1m | €1.1m | €1.1m | €1.1m | ▲ 1.7% |
| Amounts receivable within one year40/41 | - | €0.002m | - | €0.01m | €0.01m | €0.01m | €0.01m | ▲ 14.9% |
| Trade receivables40 | - | - | - | €0.003m | - | €0.003m | €0.003m | ▲ 2.3% |
| Other amounts receivable41 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | ▲ 18.1% |
| Current investments50/53 | €0.3m | €0.5m | €0.5m | €0.9m | €1.0m | €1.1m | €1.1m | ▲ 0.5% |
| Cash at bank and in hand54/58 | €0.3m | €0.2m | €0.4m | €0.2m | €0.09m | €0.06m | €0.07m | ▲ 19.8% |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | €0.001m | €0.002m | €0.002m | ▲ 5.8% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.6m | €0.8m | €1.0m | €1.1m | €1.1m | €1.1m | €1.1m | ▲ 1.7% |
| Equity10/15 | €0.6m | €0.7m | €0.9m | €1.1m | €1.1m | €1.1m | €1.1m | ▲ 1.7% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.6m | €0.7m | €0.9m | €1.1m | €1.1m | €1.1m | €1.1m | ▲ 1.7% |
| Distributable reserves133 | - | - | - | €1.1m | €1.1m | €1.1m | €1.1m | ▲ 1.7% |
| Amounts payable17/49 | €0.03m | €0.05m | €0.07m | €0.01m | €0.002m | €0.002m | €0.002m | ▲ 8.7% |
| Amounts payable within one year42/48 | €0.03m | €0.05m | €0.07m | €0.01m | €0.002m | €0.002m | €0.002m | ▲ 8.7% |
| Trade debts44 | €489 | €267 | €17 | €10 | €459 | - | €30 | - |
| Suppliers440/4 | - | - | - | €10 | €459 | - | €30 | - |
| Taxes, remuneration and social security45 | - | - | - | €0.001m | €0.002m | €0.002m | €0.002m | ▲ 7.2% |
| Taxes450/3 | - | - | - | €14 | €0.001m | €0.001m | €0.001m | ▲ 3.1% |
| Remuneration and social security454/9 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | ▲ 15.5% |
| Other amounts payable47/48 | - | - | - | €0.01m | - | - | - | - |
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €95,731 | €144,057 | €186,716 | €168,894 | €13,288 | €28,679 | €18,566 | ▼ 35.3% |
| + Depreciation and write-downs630 | €11,333 | €11,333 | €11,333 | €19,833 | €2,833 | - | - | - |
| Operating cash flow (approximation) | €107,064 | €155,390 | €198,049 | €188,727 | €16,122 | €28,679 | €18,566 | ▼ 35.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - | - | - |
| Change in cash | - | -€64,875 | €214,052 | - | -€94,897 | -€27,781 | €11,920 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 6,049 companies had the same profile as PYTHIOS has now. Two years later, 95.9% were still going and 0.4% had gone bankrupt.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
That fits the bankruptcy probability of PYTHIOS itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,049 companies, not a prediction for PYTHIOS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | micro format | 02-09-2026 | 2026-00490769 | |
| 31-03-2025 | micro format | 03-09-2025 | 2025-00475829 | |
| 31-03-2024 | micro format | 25-10-2024 | 2024-00514333 | |
| 31-03-2023 | micro format | 11-08-2023 | 2023-00324986 | |
| 30-06-2021 | micro format | 30-11-2021 | 2021-78800094 | |
| 30-06-2020 | micro format | 11-12-2020 | 2020-75200505 | |
| 30-06-2019 | micro format | 02-12-2019 | 2019-75100405 | |
| 30-06-2018 | micro format | 29-11-2018 | 2018-73800497 | |
| 30-06-2017 | micro format | 07-12-2017 | 2017-71300417 | |
| 30-06-2016 | abbreviated format | 30-01-2017 | 2017-03200133 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 21-06-2022 Converted to unavailable equity · €20,460
Network & group
PYTHIOS shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of PYTHIOS. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
21-06
Gazette deed
Appointment: JACOBS Robert Jules Maria (director)Power of attorney · Registered office clause · Capital conversion9 points ▸
- Power of attorney, Karl Van Looy
- Director appointment, JACOBS Robert Jules Maria (director)
- Registered office clause, “2980 Zoersel, Koekoekdreef 34” (deed in Dutch)
- General meeting, 14-06-2022
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, artikel 39, §1, eerste en derde lid van de wet van 23-03-2019 tot invoering van het Wetboek van vennootscha…” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing, statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Amendment of the articles
- Capital
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11017A0044/00S000 | Flanders | 2,588 m² | 1 · 318 m² | 5.9 m · 1 |