PICASSART
ActiveSummary
The computed 12-month bankruptcy probability of PICASSART is 3.5% (moderate). The 2025 annual accounts show negative equity (-€25,134) and a net result of -€134,710. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 13% of 22,773 sector peers (NACE 47, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 06-06-2017 Normal situation
- Activity
- Other non-specialised retail sale NACE 47120and 1 other
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment unit
- 2.268.774.570 5002 Namur, since 01-11-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 29-12-2025
Board and ownership
- Stéphane PIGNOLETDirector
- CEUPPENS Johan BartDirector
- CEUTERICK Julien René HenriDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.5%
- Gross margin
- -€68,457
- ▼ 540%
- Loss
- €134,710
- ▲ 875%
- Equity
- -€25,134
- Total assets
- €65,039
- ▼ 63.9%
- Employees on 31-12-2025
- 1
- Negative equity on 31-12-2025
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLoss of €134,710, the second in a row (financial year 2025)Negative equity -€25,134Last filed accounts filed 31 days late; 1 of the last 3 accounts latelowers riskSize: total assets €65,039Show the evidence
Checked score
About 3 in 100 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 47, micro). It does better than 6% of them on solvency, 4% on liquidity, 6% on profitability and 5% 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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Signals
The company filed its last 7 accounts on average 14 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Key points
- Risk: Negative equitydebts exceed assets in financial year 2025 -€25,134 View
- Risk: 4 loss-making years in a rowloss in financial year 2025 -€134,710 View
- Caution: Result fell in 2025from -€13,814 to -€134,710 ▼ 875% View
- Caution: Lower net result than 95% of companies in retail tradesector median €5,084 · 22,754 companies -€134,710 View
- New directorlatest change 12-01-2026 · 4 in office 1 joined View
Recent changes
- · Gazette deed Capital increase of €125,000Appointment: LAMBERT Philippe (director)
- · Gazette deed Capital increase of €100,000Appointments: CEUPPENS Johan Bart (director) and CEUTERICK Julien René Henri (director)
- · Gazette deed Change of role: Stéphane PIGNOLET, from sole manager to sole directorPermanent representative: Stéphane PIGNOLET
Comparable companies
These companies have the same main activity as PICASSART: other non-specialised retail sale (NACE 47120). They are comparable in size and age: total assets between €51,400 and €74,200, founded between 2016 and 2018.
| Company | Total assets | Gross margin |
|---|---|---|
| PICASSART Namur | €65,039 | -€68,457 |
| PRISM3 Chaudfontaine | €66,942 | -€13,757 |
| IJzerwaar Bilzen-Hoeselt | €63,681 | -€16,171 |
| QUATRIEME OEIL Tournai | €74,223 | -€8,261 |
| K&L Invest Brussel | €53,649 | -€885 |
| Eurocase International Schoten | €59,300 | -€1,737 |
| VLR&O'DELA Elsene | €51,389 | -€12,074 |
Key facts about PICASSART
- What is the company number of PICASSART?
- The company number of PICASSART is 0676.563.815. The VAT number is the same number with BE in front: BE 0676.563.815.
- Where is PICASSART based?
- The registered office is at Chaussée de Waterloo 53, 5000 Namur.Company details
- What does PICASSART do?
- According to the KBO register, the main activity is other non-specialised retail sale (NACE 47120).
- What is the legal form of PICASSART?
- The legal form of PICASSART is Private limited company (BV).
- When was PICASSART founded?
- PICASSART was founded on 06-06-2017.
- Is PICASSART still active?
- Yes, PICASSART is an active enterprise in the KBO register.
- How many employees does PICASSART have?
- PICASSART had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does PICASSART fall under?
- In its 2025 annual accounts, PICASSART states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
- What is the turnover of PICASSART?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.
- Is PICASSART profitable?
- In financial year 2025, PICASSART made a loss of €134,710.
- Where can I find the annual accounts of PICASSART?
- PICASSART filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PICASSART due?
- PICASSART must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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