PIETER BRAT
ActivePIETER BRAT has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €180k and a net result of €40k. Equity is growing by ~34.3% per year across the filed fiscal years. Its solvency ranks better than 92% of 37972 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
100
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 13.77 against 13.08 in 2023), and 7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
5 d early
2022
59 d early
2021
10 d late
2020
57 d early
2019
41 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€180k▲ 28.5%
2023 · €140k
2018: €23k
2019: €24k
2020: €40k
2021: €84k
2022: €107k
2023: €140k
2018 → 2024
Total assets
€193k▲ 28.0%
2023 · €151k
2018: €30k
2019: €28k
2020: €60k
2021: €105k
2022: €119k
2023: €151k
2018 → 2024
Net result
€40k▲ 19.4%
2023 · €33k
2018: €-5k
2019: €1k
2020: €16k
2021: €44k
2022: €22k
2023: €33k
2018 → 2024
Working capital
€174k▲ 29.7%
2023 · €134k
2018: €23k
2019: €24k
2020: €41k
2021: €82k
2022: €102k
2023: €134k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€40k-€84k▲ 110%€107k▲ 26.3%€140k▲ 31.3%€180k▲ 28.5%
Operating result€24k-€63k▲ 166%€33k▼ 47.7%€49k▲ 47.3%€55k▲ 12.3%
Net result€16k-€44k▲ 180%€22k▼ 49.8%€33k▲ 50.4%€40k▲ 19.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 12% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €193k
Fixed assets
€6k▲ 1.7%
Current assets
€187k▲ 29.1%
Equity and liabilities €193k
Equity
€180k▲ 28.5%
Debt
€14k▲ 22.6%
The debt ratio falls from 7.3% to 7.0%: equity grows faster than debt.
Key figures and ratios
EBITDA
€57k▲
2023 · €50k
Cash flow
€42k▲
2023 · €35k
Solvency
93.0%▲
2023 · 92.7%
Current ratio
13.77▲
2023 · 13.08
Quick ratio
13.77▲
2023 · 13.08
Debt / equity
0.08▼
2023 · 0.08
ROE
22.2%▼
2023 · 23.9%
ROA
20.6%▼
2023 · 22.1%
Interest coverage
25.62▲
2023 · 24.08
Debt
€14k▲
2023 · €11k
Debt ≤ 1 year
€14k▲
2023 · €11k
Income taxes
€16k▲
2023 · €13k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€151k€193k▲
Fixed assets21/28€6k€6k▲
Tangible fixed assets22/27€6k€6k▲
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€1k€2k▲
Current assets29/58€145k€187k▲
Amounts receivable within one year40/41€93k€48k▼
Trade receivables40€15k€15k=
Other amounts receivable41€78k€34k▼
Cash at bank and in hand54/58€52k€139k▲
Equity and liabilities
Total equity and liabilities10/49€151k€193k▲
Equity10/15€140k€180k▲
Contributions10/11€6k€6k=
Reserves13€134k€174k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€134k€174k▲
Amounts payable17/49€11k€14k▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€11k€14k▲
Current portion of amounts payable after more than one year42€8k€0▼
Trade debts44€351€332▼
Suppliers440/4€351€332▼
Taxes, remuneration and social security45€3k€13k▲
Taxes450/3€3k€13k▲
Other amounts payable47/48€0-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€546€505▼
Gross operating margin9900€51k€57k▲
Operating profit (loss)9901€49k€55k▲
Financial income75/76B-€3k
Recurring financial income75-€3k
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€47k€56k▲
Income taxes67/77€13k€16k▲
Profit (loss) for the period9904€33k€40k▲
Profit (loss) for the period to be appropriated9905€33k€40k▲
Appropriation of the result
Profit (loss) to be appropriated9906€33k€40k▲
Transfer to equity691/2€33k€40k▲
To other reserves6921€33k€40k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €180k ▲28.5%
6 profitable years in a row build equity to €180k.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
02-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €107k ▲26.3%
4 profitable years in a row build equity to €107k.
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 10 days late
2021
31-12
Financial
Highest result since 2018net €44k ▲180%
Operating result €63k, net result €44k, both a record.
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 41 days late
2019
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 2 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
12-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 12 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, Kapellen · 1 establishment unit since 2011
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.
Kraaienheuvel 82950 KapellenGround area
1,403 m²
Building footprint
174 m²
Volume, LiDAR
777 m³
Parcel 11362M0184/00V002, Flanders · tallest building 7.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
PIETER BRAT
since 20112.204.469.708
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11362M0184/00V002 | Flanders | 1,403 m² | 1 · 174 m² | 7.2 m · 1 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 82,215 companies in sector 70200 we hold annual accounts for 52,392. 40,470 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-11-2011
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.