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SELECT PISCINES

Active
Private limited companyfounded 199432 yrs activeAllée des Noisetiers(GER) 10, 6280 Gerpinnes, BelgiumKBO/BCE: BE 0453.174.496
Summary

SELECT PISCINES has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €342,605 and a net result of -€8,899. Equity is growing by ~32.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 33926 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch ReportCompare
SELECT PISCINESActiveChecked score 94/100
Risk analysis ReportCompare

Overview

Activity
Other specialised construction activities
NACE 43990NACE 43999NACE 45250
#5 company by equity in Gerpinnes, Construction sector1 site
Size
€354,673total assets 2025
Equity
€342,605
Loss
-€8,899
Financial health
94 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Accounts 9 d early0 of 2 deeds read
Why 94- Sector Specialised construction activities (NACE 43)+ Liquidity: current ratio 29.49, cash €93,437+ Equity €342,605 (96.6% of total assets)+ Founded in 1994Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Better than 54% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 96.6% of total assets
Liquidity 83-2
short-term debt 3.4% · cash 26.3%
Profitability 16+2
return on assets -2.5%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,514 companies)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● 0.0% vs 11-2024 01-2025: < 0.1%▼ -5.3% vs 12-2024lowest value 02-2025: < 0.1%● 0.0% vs 01-2025lowest value 03-2025: < 0.1%● 0.0% vs 02-2025lowest value 04-2025: < 0.1%● 0.0% vs 03-2025lowest value 05-2025: < 0.1%● 0.0% vs 04-2025lowest value 06-2025: < 0.1%● 0.0% vs 05-2025lowest value 07-2025: < 0.1%▲ +5.6% vs 06-2025 08-2025: < 0.1%▲ +28.9% vs 07-2025 09-2025: 0.1%▲ +87.8% vs 08-2025 10-2025: 0.1%● 0.0% vs 09-2025 11-2025: 0.1%● 0.0% vs 10-2025 12-2025: 0.1%● 0.0% vs 11-2025 01-2026: 0.1%▼ -3.3% vs 12-2025 02-2026: 0.1%● 0.0% vs 01-2026 03-2026: 0.1%● 0.0% vs 02-2026 04-2026: 0.1%▲ +13.5% vs 03-2026 05-2026: 0.1%▲ +1.0% vs 04-2026 06-2026: 0.1%▲ +1.0% vs 05-2026 07-2026: 0.1%▲ +6.8% vs 06-2026highest value 08-2026: 0.1%▼ -47.3% vs 07-2026 09-2026: 0.1%▲ +6.9% vs 08-2026 10-2026: 0.1%● 0.0% vs 09-2026
  • Liquidity: current ratio 29.49, cash €93,437 lowers the probability
  • Equity €342,605 (96.6% of total assets) lowers the probability
  • Sector Specialised construction activities (NACE 43) raises the probability
  • Founded in 1994 lowers the probability for this profile
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 29.49 against 18.33 in 2024; short-term debt: 3.4% and cash: 26.3% of total assets), and 3.4% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 90%, liquidity 81%, profitability 13%, growth against the median 31%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Liquidity: current ratio 29.49, cash €93,437
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Equity €342,605 (96.6% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Sector Specialised construction activities (NACE 43)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Founded in 1994
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€8,899
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
9 d early
2024
28 d late
2023
30 d late
2022
28 d late
2021
4 d early
2020
5 d late
2019
39 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 17 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 28 August (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven months
Position in the running window
05-10-2026 today31-12-2026 close31-07-2027 deadline
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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Weakest financial yearnet -€14,018

Key points

  • Caution: Among the weakest 13% on net resultsector median €10,149 · 33,913 companies -€8,899 View
  • Caution: 2 loss-making years in a rowloss fiscal year 2025 -€8,899 View
  • Active since 1994founded 24-06-1994 32 years View

By topic

Financials

Fiscal year
2025
Total assets
€354,673
Loss
-€8,899
Solvency
96.6%
Total assets▼ 4.5%
Net result
20182025
Go to Financials

Timeline

Events
15
Since
2017
Next accounts
by 31-07-2027
  1. 22-07-2026Annual accounts filed
  2. 28-08-2025Annual accounts filed
  3. 31-12-2024Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other specialised construction activitiesNACE 43990
Founded
24-06-1994
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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