Pieter Coucke
ActiveSummary
Pieter Coucke has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €248k and a net result of €-25k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 26% of 12707 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability65▼-35
Solvency53▼-35
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity short (current ratio 0.5 against 4.41 in 2024; short-term debt: 25.4% and cash: 8.8% of total assets), and 72.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three 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 69
Relative position
BE, all sectors
reference
Sector 69
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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
30 d late
2022
60 d late
2021
78 d late
2020
31 d late
2019
91 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
€248k▼ 59.6%
2024 · €615k
2018: €356k
2019: €409k
2020: €578k
2021: €612k
2022: €556k
2023: €363k
2024: €615k
2018 → 2025
Total assets
€896k▼ 8.2%
2024 · €976k
2018: €1.18M
2019: €1.12M
2020: €1.17M
2021: €1.12M
2022: €1.01M
2023: €951k
2024: €976k
2018 → 2025
Net result
€-25k
2024 · €252k
2018: €51k
2019: €52k
2020: €170k
2021: €18k
2022: €137k
2023: €-43k
2024: €252k
2018 → 2025
Working capital
€-113k
2024 · €240k
2018: €-327k
2019: €-204k
2020: €-20k
2021: €56k
2022: €52k
2023: €-86k
2024: €240k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€612k-€556k▼ 9.3%€363k▼ 34.7%€615k▲ 69.4%€248k▼ 59.6%
Operating result€50k-€198k▲ 294%€-33k€334k€-23k
Net result€18k-€137k▲ 648%€-43k€252k€-25k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €23k after €334k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €896k
Fixed assets
€781k ▲ 17.2%
Current assets
€115k ▼ 62.9%
Equity and liabilities €896k
Equity
€248k ▼ 59.6%
Debt
€648k ▲ 79.3%
Debt's share of the balance-sheet total rises from 37.0% to 72.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€108k▼
2024 · €441k
Cash flow
€106k▼
2024 · €359k
Current ratio
0.50▼
2024 · 4.41
Debt to equity
2.61▲
2024 · 0.59
ROE
-10.0%▼
2024 · 41.0%
ROA
-2.8%▼
2024 · 25.8%
Interest coverage
21.21▼
2024 · 96.08
Debt ≤ 1 year
€228k▲
2024 · €70k
Debt > 1 year
€420k▲
2024 · €261k
Income taxes
€172▼
2024 · €81k
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 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€976k€896k▼
Fixed assets21/28€666k€781k▲
Intangible fixed assets21€223k€167k▼
Tangible fixed assets22/27€371k€541k▲
Land and buildings22€328k€516k▲
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€23k€6k▼
Other tangible fixed assets26€18k€18k=
Financial fixed assets28€73k€73k=
Current assets29/58€310k€115k▼
Amounts receivable within one year40/41€102k€34k▼
Trade receivables40€0€15k▲
Other amounts receivable41€102k€19k▼
Cash at bank and in hand54/58€205k€79k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€976k€896k▼
Equity10/15€615k€248k▼
Contributions10/11€19k€19k=
Reserves13€594k€230k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€357€357=
Distributable reserves133€594k€229k▼
Profit (loss) carried forward14€3k€0▼
Amounts payable17/49€361k€648k▲
Amounts payable after more than one year17€261k€420k▲
Financial debts170/4€261k€420k▲
Amounts payable within one year42/48€70k€228k▲
Current portion of amounts payable after more than one year42€47k€51k▲
Trade debts44€12k€20k▲
Suppliers440/4€12k€20k▲
Advances received on contracts in progress46-€2k
Taxes, remuneration and social security45€11k€22k▲
Taxes450/3€11k€22k▲
Other amounts payable47/48€0€133k▲
Accrued charges and deferred income492/3€30k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€107k€131k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€443k€110k▼
Operating profit (loss)9901€334k€-23k▼
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€5k€5k▲
Recurring financial charges65€5k€5k▲
Profit (loss) for the period before taxes9903€333k€-25k▼
Income taxes67/77€81k€172▼
Profit (loss) for the period9904€252k€-25k▼
Profit (loss) for the period to be appropriated9905€252k€-25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€253k€-22k▼
Profit (loss) brought forward from the previous period14P€455€3k▲
Transfer from equity791/2€0€364k▲
Transfer to equity691/2€250k€0▼
To other reserves6921€250k€0▼
Profit to be distributed694/7€0€342k▲
Return on contributions (dividend)694€0€342k▲
The notes to these accounts (14 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €252k
Net result €252k after one loss-making year.
31-12
Financial
Liquidity times 6current ratio 4.41
Current ratio from 0.69 to 4.41; short-term debt falls from €280k to €70k.
31-12
Financial
Equity above €500kEq €615k ▲69.4%
Equity rises from €363k to €615k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-43k ▼131%
Net result drops to €-43k, the lowest in the series; recovery starts the following year.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Equity above €500kEq €578k ▲41.6%
3 profitable years in a row build equity to €578k.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
Show earlier events
2019
09-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
17-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-03
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
4 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, Beernem · 1 establishment unit since 2014
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.
Bruggestraat 298730 BeernemGround area
908 m²
Building footprint
269 m²
Volume, LiDAR
1,269 m³
Parcel 31021G0045/00L000, Flanders · tallest building 9.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Pieter Coucke
since 20142.232.545.070
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31021G0045/00L000 | Flanders | 908 m² | 1 · 269 m² | 9.4 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 1,922 EUR awarded · 2,206 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 765 EUR | 937 EUR |
| 2024 | 1 | 415 EUR | 243 EUR |
| 2023 | 1 | 0 EUR | 336 EUR |
| 2022 | 1 | 742 EUR | 690 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 22,058 companies in sector 69101 we hold annual accounts for 9,052. 6,990 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
Founded30-06-2014
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:pieter.coucke@schepens-partners.be
Phone:050348644
Fax:050348645