Summary
Picheny is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €12k and a net result of €-2k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 21% of 8023 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 8023 sector peers (2025).
NBB · sector comparisonPosition among 8023 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 7 filingsDeviation from the deadline
2025
18 d late
2024
49 d early
2023
8 d early
2022
on the day
2021
26 d late
2020
8 d early
2019
28 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€12k▼ 14.9%
2024 · €14k
2019: €13k
2020: €17k
2021: €17k
2022: €20k
2023: €16k
2024: €14k
2019 → 2025
Net result
€-2k▲ 8.1%
2024 · €-2k
2019: €7k
2020: €4k
2021: €-53
2022: €4k
2023: €-4k
2024: €-2k
2019 → 2025
Total assets
€74k▼ 5.3%
2024 · €78k
2019: €16k
2020: €18k
2021: €28k
2022: €90k
2023: €82k
2024: €78k
2019 → 2025
Solvency
16.4%▼ 1.8pp
2024 · 18.2%
2019: 82.0%
2020: 94.1%
2021: 61.1%
2022: 22.6%
2023: 20.1%
2024: 18.2%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€17k-€20k▲ 20.7%€16k▼ 19.2%€14k▼ 13.9%€12k▼ 14.9%
Operating result€536-€5k▲ 798%€-4k€-2k▲ 49.0%€-2k▲ 5.7%
Net result€-53-€4k€-4k€-2k▲ 41.5%€-2k▲ 8.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2025 against €2k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €74k
Fixed assets
€1k ▼ 79.3%
Current assets
€73k ▲ 0.8%
Equity and liabilities €74k
Equity
€12k ▼ 14.9%
Debt
€62k ▼ 3.1%
Debt's share of the balance-sheet total rises from 81.8% to 83.6%. Equity and debt are lower.
Key figures and ratios
ROE
-17.5%▼
2024 · -16.2%
ROA
-2.9%▲
2024 · -2.9%
Debt ≤ 1 year
€62k▼
2024 · €64k
Income taxes
€307▼
2024 · €388
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet
Code20242025
Assets
Total assets20/58€78k€74k▼
Fixed assets21/28€6k€1k▼
Tangible fixed assets22/27€6k€1k▼
Furniture and vehicles24€6k€1k▼
Current assets29/58€72k€73k▲
Amounts receivable within one year40/41€26k€26k▲
Trade receivables40€2k€2k▲
Other amounts receivable41€24k€24k▼
Current investments50/53€45k€45k=
Cash at bank and in hand54/58€860€806▼
Deferred charges and accrued income490/1€583€621▲
Equity and liabilities
Total equity and liabilities10/49€78k€74k▼
Equity10/15€14k€12k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€8k€6k▼
Amounts payable17/49€64k€62k▼
Amounts payable within one year42/48€64k€62k▼
Trade debts44€845€519▼
Suppliers440/4€845€519▼
Taxes, remuneration and social security45€331€383▲
Taxes450/3€331€383▲
Other amounts payable47/48€63k€61k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▼
Other operating charges640/8€929€986▲
Gross operating margin9900€4k€4k▼
Operating profit (loss)9901€-2k€-2k▲
Financial charges65/66B€42€42=
Recurring financial charges65€42€42=
Profit (loss) for the period before taxes9903€-2k€-2k▲
Income taxes67/77€388€307▼
Profit (loss) for the period9904€-2k€-2k▲
Profit (loss) for the period to be appropriated9905€-2k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€6k▼
Profit (loss) brought forward from the previous period14P€10k€8k▼
The notes to these accounts (4 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
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
2025
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-4k ▼212%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity triplescurrent ratio 16.82
Current ratio from 5.54 to 16.82; short-term debt falls from €3k to €1k.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
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, Gesves · 1 establishment unit since 2018
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.
Francesse 35340 GesvesGround area
1.6 ha
Building footprint
127 m²
Parcel 92054D0192/00N000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Picheny
since 20182.275.230.218
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92054D0192/00N000 | Wallonia | 1.6 ha | 1 · 127 m² | - |
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.
Recognitions · licences · registrations
Legal Entity Identifier
2549007J9EGZWULP4I49
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 5,695 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-03-2018
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:michelle.galet@hotmail.com
Phone:0479/23.92.97