Jeff Piessens
ActiveJeff Piessens has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €96k and a net result of €55k. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 16% of 27787 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+28
Solvency38▼-21
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.57 against 0.42 in 2024; short-term debt: 19.4% and cash: 4.4% of total assets), and 86.6% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
13.4%
Return on assets
7.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 27787 sector peers (2025).
NBB · sector comparisonPosition among 27787 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 9 filingsDeviation from the deadline
2025
27 d late
2024
51 d early
2023
14 d late
2022
32 d late
2021
4 d early
2020
1 d early
2019
40 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€96k▲ 133%
2024 · €41k
2018: €49k
2019: €52k
2020: €86k
2021: €111k
2022: €76k
2023: €59k
2024: €41k
2018 → 2025
Total assets
€717k▲ 492%
2024 · €121k
2018: €804k
2019: €1.04M
2020: €1.04M
2021: €337k
2022: €242k
2023: €162k
2024: €121k
2018 → 2025
Net result
€55k
2024 · €-18k
2018: €17k
2019: €12k
2020: €35k
2021: €25k
2022: €-35k
2023: €-17k
2024: €-18k
2018 → 2025
Working capital
€-60k▼ 123%
2024 · €-27k
2018: €-109k
2019: €-157k
2020: €-157k
2021: €-46k
2022: €-64k
2023: €-15k
2024: €-27k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€111k-€76k▼ 31.8%€59k▼ 21.7%€41k▼ 30.8%€96k▲ 133%
Operating result€31k-€-33k€-15k▲ 54.9%€-17k▼ 10.8%€66k
Net result€25k-€-35k€-17k▲ 53.3%€-18k▼ 11.1%€55k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €66k after a loss of €17k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €717k
Fixed assets
€638k▲ 525%
Current assets
€79k▲ 315%
Equity and liabilities €717k
Equity
€96k▲ 133%
Debt
€621k▲ 676%
The debt ratio rises from 66.0% to 86.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€130k▲
2024 · €59k
Cash flow
€119k▲
2024 · €58k
Solvency
13.4%▼
2024 · 34.0%
Current ratio
0.57▲
2024 · 0.42
Quick ratio
0.57▲
2024 · 0.42
Debt / equity
6.47▲
2024 · 1.95
ROE
57.1%▲
2024 · -44.5%
ROA
7.6%▲
2024 · -15.1%
Interest coverage
12.08▼
2024 · 35.30
Debt
€621k▲
2024 · €80k
Debt ≤ 1 year
€139k▲
2024 · €46k
Debt > 1 year
€482k▲
2024 · €34k
Staff costs
€37k
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€121k€717k▲
Fixed assets21/28€102k€638k▲
Tangible fixed assets22/27€102k€638k▲
Land and buildings22-€418k
Plant, machinery and equipment23€27k€154k▲
Furniture and vehicles24€73k€66k▼
Leasing and similar rights25€2k-
Current assets29/58€19k€79k▲
Amounts receivable within one year40/41€15k€48k▲
Trade receivables40€10k€34k▲
Other amounts receivable41€5k€14k▲
Cash at bank and in hand54/58€4k€31k▲
Equity and liabilities
Total equity and liabilities10/49€121k€717k▲
Equity10/15€41k€96k▲
Contributions10/11€20k€20k=
Reserves13€91k€91k=
Distributable reserves133€91k€91k=
Profit (loss) carried forward14€-70k€-15k▲
Amounts payable17/49€80k€621k▲
Amounts payable after more than one year17€34k€482k▲
Financial debts170/4€34k€482k▲
Amounts payable within one year42/48€46k€139k▲
Current portion of amounts payable after more than one year42€20k€60k▲
Trade debts44€13k€30k▲
Suppliers440/4€13k€30k▲
Other amounts payable47/48€12k€49k▲
Income statement
Code20242025
Remuneration, social security and pensions62-€37k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€76k€64k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€61k€169k▲
Operating profit (loss)9901€-17k€66k▲
Financial income75/76B-€36
Recurring financial income75-€36
Financial charges65/66B€2k€11k▲
Recurring financial charges65€2k€11k▲
Profit (loss) for the period before taxes9903€-18k€55k▲
Profit (loss) for the period9904€-18k€55k▲
Profit (loss) for the period to be appropriated9905€-18k€55k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-70k€-15k▲
Profit (loss) brought forward from the previous period14P€-52k€-70k▼
The notes to these accounts (6 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial
Back to profitnet €55k
Net result €55k after 3 loss-making years.
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Weakest financial yearnet €-35k ▼240%
Net result drops to €-35k, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €111k ▲29.3%
4 profitable years in a row build equity to €111k.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 40 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2016
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.
Gemenestraat(KIE) 89130 Beveren-Kruibeke-ZwijndrechtGround area
8,396 m²
Building footprint
278 m²
Volume, LiDAR
1,278 m³
2 parcels, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Jeff Piessens BV
since 20162.257.254.138
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46020C0713/00E000 | Flanders | 6,741 m² | 1 · 148 m² | 7.4 m · 2 fl. |
| 46012D0894/00C000 | Flanders | 1,655 m² | 1 · 130 m² | 7.9 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 8,456 companies in sector 43120 we hold annual accounts for 3,233. 2,644 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-09-2016
Fiscal year end31-12
Activities, NACEBEL
01610Support activities for crop production
43120Site preparation
42110Construction of roads and motorways
42220Construction of utility projects for electricity and telecommunications
43110Demolition
46140Agents in the wholesale of industrial machinery, ships and aircraft
46610Wholesale trade
49200Land transport and transport via pipelines
49410Freight transport by road
50200Water transport
50400Inland freight water transport
51210Air transport
52100Warehousing and storage
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.