P&I
ActiveP&I has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.31M and a net result of €441k. Equity is growing by ~17.9% per year across the filed fiscal years. Its solvency ranks better than 29% of 126 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+1
Solvency48▼-7
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity short (current ratio 0.43 against 0.75 in 2024; short-term debt: 76.7% and cash: 3.1% of total assets), and 76.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 27
Relative position
BE, all sectors
reference
Sector 27
higher
← fewer bankruptcies
more bankruptcies →
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
23.3%
Return on assets
7.8%
Age of the figures
15 mo
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 07-01-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
28 d early
2023
26 d early
2022
5 d early
2021
10 d early
2020
23 d early
2019
3 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 close16-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.31M▲ 38.6%
2024 · €948k
2019: €449k
2020: €491k
2021: €543k
2022: €621k
2023: €745k
2024: €948k
2019 → 2025
Total assets
€5.63M▲ 77.5%
2024 · €3.17M
2019: €2.04M
2020: €2.23M
2021: €2.22M
2022: €2.67M
2023: €3.13M
2024: €3.17M
2019 → 2025
Net result
€441k▲ 81.3%
2024 · €243k
2019: €38k
2020: €42k
2021: €52k
2022: €78k
2023: €153k
2024: €243k
2019 → 2025
Working capital
€-2.44M▼ 349%
2024 · €-544k
2019: €68k
2020: €-245k
2021: €-330k
2022: €-392k
2023: €-593k
2024: €-544k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€543k-€621k▲ 14.5%€745k▲ 19.8%€948k▲ 27.3%€1.31M▲ 38.6%
Operating result€110k-€160k▲ 45.0%€236k▲ 47.5%€340k▲ 43.9%€585k▲ 72.3%
Net result€52k-€78k▲ 51.6%€153k▲ 95.2%€243k▲ 58.6%€441k▲ 81.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 72% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.63M
Fixed assets
€3.76M▲ 150%
Current assets
€1.87M▲ 12.0%
Equity and liabilities €5.63M
Equity
€1.31M▲ 38.6%
Debt
€4.32M▲ 94.1%
The debt ratio rises from 70.1% to 76.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€779k▲
2024 · €482k
Cash flow
€634k▲
2024 · €385k
Solvency
23.3%▼
2024 · 29.9%
Current ratio
0.43▼
2024 · 0.75
Quick ratio
0.35▼
2024 · 0.74
Debt / equity
3.29▲
2024 · 2.35
ROE
33.6%▲
2024 · 25.6%
ROA
7.8%▲
2024 · 7.7%
Interest coverage
83.71▼
2024 · 87.73
Debt
€4.32M▲
2024 · €2.22M
Debt ≤ 1 year
€4.32M▲
2024 · €2.22M
Income taxes
€172k▲
2024 · €100k
Staff costs
€2.42M▲
2024 · €2.32M
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€3.17M€5.63M▲
Fixed assets21/28€1.50M€3.76M▲
Tangible fixed assets22/27€1.07M€2.83M▲
Land and buildings22€695k€2.34M▲
Plant, machinery and equipment23€14k€98k▲
Furniture and vehicles24€358k€390k▲
Financial fixed assets28€433k€930k▲
Current assets29/58€1.67M€1.87M▲
Stocks and contracts in progress3€42k€360k▲
Stocks30/36€42k€360k▲
Amounts receivable within one year40/41€998k€1.07M▲
Trade receivables40€943k€948k▲
Other amounts receivable41€55k€119k▲
Current investments50/53€350k€250k▼
Cash at bank and in hand54/58€259k€175k▼
Deferred charges and accrued income490/1€22k€21k▼
Equity and liabilities
Total equity and liabilities10/49€3.17M€5.63M▲
Equity10/15€948k€1.31M▲
Contributions10/11€60k€60k=
Reserves13€888k€1.25M▲
Tax-exempt reserves132€30k€30k=
Distributable reserves133€858k€1.22M▲
Amounts payable17/49€2.22M€4.32M▲
Amounts payable after more than one year17€8k-
Other amounts payable178/9€8k-
Amounts payable within one year42/48€2.22M€4.32M▲
Trade debts44€1.90M€3.89M▲
Suppliers440/4€1.90M€3.89M▲
Taxes, remuneration and social security45€276k€350k▲
Taxes450/3€27k€64k▲
Remuneration and social security454/9€249k€286k▲
Other amounts payable47/48€40k€75k▲
Income statement
Code20242025
Remuneration, social security and pensions62€2.32M€2.42M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€142k€193k▲
Other operating charges640/8€18k€237k▲
Non-recurring operating charges66A-€6k
Gross operating margin9900€2.82M€3.44M▲
Operating profit (loss)9901€340k€585k▲
Financial income75/76B€9k€36k▲
Recurring financial income75€9k€36k▲
Financial charges65/66B€5k€9k▲
Recurring financial charges65€5k€9k▲
Profit (loss) for the period before taxes9903€343k€613k▲
Income taxes67/77€100k€172k▲
Profit (loss) for the period9904€243k€441k▲
Profit (loss) for the period to be appropriated9905€243k€441k▲
Appropriation of the result
Profit (loss) to be appropriated9906€243k€441k▲
Transfer to equity691/2€203k€366k▲
To other reserves6921€203k€366k▲
Profit to be distributed694/7€40k€75k▲
Return on contributions (dividend)694€40k€75k▲
Social balance
Average headcount (FTE)908737.938.1▲
The notes to these accounts (13 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
07-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Highest result since 2019net €441k ▲81.3%
Operating result €585k, net result €441k, both a record.
30-06
Financial
Equity above €1MEq €1.31M ▲38.6%
7 profitable years in a row build equity to €1.31M.
03-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
05-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
21-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Equity above €500kEq €543k ▲10.5%
3 profitable years in a row build equity to €543k.
08-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Wetteren · 2 establishment units since 2007
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.
Honderdweg 129230 WetterenGround area
5,903 m²
Building footprint
2,603 m²
Volume, LiDAR
14,923 m³
2 parcels, Flanders · tallest building 8.1 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
P & I
since 20072.166.613.972
P & I bv
since 20252.372.807.763
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42025G0760/00H000 | Flanders | 3,634 m² | 1 · 1,748 m² | 7.5 m · 2 fl. |
| 42025G0750/00N000 | Flanders | 2,269 m² | 1 · 855 m² | 8.1 m · 3 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 6,775 EUR awarded · 7,882 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 2,532 EUR | 2,511 EUR |
| 2024 | 2 | 2,619 EUR | 3,552 EUR |
| 2023 | 1 | 486 EUR | 681 EUR |
| 2022 | 1 | 1,138 EUR | 1,138 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Recognised contractor
4 categoriesP&I BV31790
Dual-learning approval
4 live approvals · 3 endedElektrische installaties duaal (so)
Elektrotechnicus (vwo)
Elektrotechnicus duaal (so)
Elektrotechnisch installateur (vwo)
Similar companies · same sector, comparable size
CEGELEC CONTROL SYSTEMS & SERVICES
BE 0842.188.642
Brussel · Eq €1.33M
TABLEAUTEC
BE 0542.686.987
Anderlecht · Eq €1.35M
ELECTRO MOTOR SERVICE
BE 0445.599.984
Veurne · Eq €1.26M
EVONITY
BE 0790.766.071
Heusden-Zolder · Eq €1.42M
Équipement, Machines et Appareils Spéciaux
BE 0451.030.697
Sint-Jans-Molenbeek · Eq €1.44M
Of 155 companies in sector 27120 we hold annual accounts for 113. 77 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-06-2007
Fiscal year end30-06
Activities, NACEBEL
27120Manufacture of electrical equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.