Pi2 SECURITY
ActivePi2 SECURITY has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €148k and a net result of €18k. Equity is growing by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 57% of 16941 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
90
/ 100
Excellent▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability59▼-41
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 3.13 against 3.37 in 2024), and 33.2% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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
66.8%
Return on assets
7.9%
Age of the figures
9 mo
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 filingsDeviation from the deadline
2025
9 d early
2024
6 d early
2023
33 d late
2022
31 d late
2021
31 d late
2020
17 d late
2019
48 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€148k▼ 4.9%
2024 · €156k
2018: €52k
2019: €80k
2020: €105k
2021: €127k
2022: €144k
2023: €137k
2024: €156k
2018 → 2025
Total assets
€222k▼ 6.6%
2024 · €238k
2018: €128k
2019: €184k
2020: €195k
2021: €193k
2022: €194k
2023: €210k
2024: €238k
2018 → 2025
Net result
€18k▼ 53.9%
2024 · €38k
2018: €18k
2019: €28k
2020: €25k
2021: €21k
2022: €17k
2023: €-7k
2024: €38k
2018 → 2025
Working capital
€127k▼ 5.3%
2024 · €135k
2018: €41k
2019: €60k
2020: €90k
2021: €115k
2022: €120k
2023: €112k
2024: €135k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€127k-€144k▲ 13.4%€137k▼ 4.8%€156k▲ 13.8%€148k▼ 4.9%
Operating result€26k-€25k▼ 5.6%€15k▼ 40.7%€35k▲ 143%€27k▼ 24.9%
Net result€21k-€17k▼ 20.0%€-7k€38k€18k▼ 53.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 25% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €222k
Fixed assets
€35k▼ 25.0%
Current assets
€187k▼ 2.2%
Equity and liabilities €222k
Equity
€148k▼ 4.9%
Debt
€74k▼ 9.9%
The debt ratio falls from 34.5% to 33.2%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€43k▼
2024 · €52k
Cash flow
€34k▼
2024 · €54k
Solvency
66.8%▲
2024 · 65.5%
Current ratio
3.13▼
2024 · 3.37
Quick ratio
3.13▼
2024 · 3.37
Debt / equity
0.50▼
2024 · 0.53
ROE
11.9%▼
2024 · 24.6%
ROA
7.9%▼
2024 · 16.1%
Interest coverage
28.99▲
2024 · -2.92
Debt
€74k▼
2024 · €82k
Debt ≤ 1 year
€60k▲
2024 · €57k
Debt > 1 year
€14k▼
2024 · €25k
Income taxes
€8k▼
2024 · €15k
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€238k€222k▼
Formation expenses20€0€0=
Fixed assets21/28€46k€35k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€46k€35k▼
Plant, machinery and equipment23€9k€9k▲
Furniture and vehicles24€37k€25k▼
Current assets29/58€191k€187k▼
Amounts receivable within one year40/41€94k€77k▼
Trade receivables40€34k€22k▼
Other amounts receivable41€60k€55k▼
Cash at bank and in hand54/58€97k€109k▲
Deferred charges and accrued income490/1€147€928▲
Equity and liabilities
Total equity and liabilities10/49€238k€222k▼
Equity10/15€156k€148k▼
Contributions10/11€19k€19k=
Reserves13€137k€129k▼
Tax-exempt reserves132€66€66=
Distributable reserves133€137k€129k▼
Profit (loss) carried forward14€0-
Amounts payable17/49€82k€74k▼
Amounts payable after more than one year17€25k€14k▼
Financial debts170/4€25k€14k▼
Amounts payable within one year42/48€57k€60k▲
Current portion of amounts payable after more than one year42€10k€11k▲
Trade debts44€11k€7k▼
Suppliers440/4€11k€7k▼
Taxes, remuneration and social security45€27k€29k▲
Taxes450/3€24k€29k▲
Remuneration and social security454/9€3k€0▼
Other amounts payable47/48€8k€13k▲
Accrued charges and deferred income492/3€311€0▼
Income statement
Code20242025
Non-recurring operating income76A€17k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€16k▲
Other operating charges640/8€552€5k▲
Non-recurring operating charges66A€0€235▲
Gross operating margin9900€52k€48k▼
Operating profit (loss)9901€35k€27k▼
Financial income75/76B€1€1▲
Recurring financial income75€1€1▲
Financial charges65/66B€-18k€1k▲
Recurring financial charges65€-18k€1k▲
Profit (loss) for the period before taxes9903€53k€25k▼
Income taxes67/77€15k€8k▼
Profit (loss) for the period9904€38k€18k▼
Transfer from tax-exempt reserves789€3k-
Profit (loss) for the period to be appropriated9905€41k€18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€34k€18k▼
Profit (loss) brought forward from the previous period14P€-7k-
Transfer from equity791/2€19k€25k▲
Transfer to equity691/2€34k€18k▼
To other reserves6921€34k€18k▼
Profit to be distributed694/7€19k€25k▲
Return on contributions (dividend)694€19k€25k▲
The notes to these accounts (11 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
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €38k
Net result €38k after one loss-making year.
31-12
Financial
Equity above €150kEq €156k ▲13.8%
Equity rises from €137k to €156k.
02-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 33 days late
2023
31-12
Financial
Weakest financial yearnet €-7k ▼140%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
31-12
Financial
Equity above €100kEq €105k ▲31.4%
3 profitable years in a row build equity to €105k.
17-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 48 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
07-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 38 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Modave · 1 establishment unit since 2015
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.
Rue de la Chapelle 44577 ModaveGround area
1,808 m²
Building footprint
138 m²
Volume, LiDAR
1,152 m³
Parcel 61064C0140/00A002, Wallonia · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue de la Chapelle 4, 4577 Modave
since 20152.245.338.578
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61064C0140/00A002 | Wallonia | 1,808 m² | 1 · 138 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,889 companies in sector 62200 we hold annual accounts for 18,319. 15,289 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-08-2015
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
18130Pre-press and pre-media services
47400Retail sale of information and communication equipment
47410Retail trade
62010Computer programming, consultancy and related activities
62030Computer programming, consultancy and related activities
62900Other information technology and computer services
62100Computer programming
85510Sports and recreation education
93129Activities of other sports clubs
Sources
Crossroads Bank for EnterprisesNational Bank · 10 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.
Contact details
1 entryPhone:0473828445