Summary
PIETER DHAESE 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 €188k and a net result of €43k. Equity is growing by ~27.3% per year across the filed fiscal years. Its solvency ranks better than 27% of 8023 sector peers (fiscal year 2025). The company has been active since 2016 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
1 signal. The signal on the left, the evidence on the right.
○neutral
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 · 6 filingsDeviation from the deadline
2025
31 d late
2024
61 d late
2023
55 d late
2022
25 d late
2021
23 d late
2020
31 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
€188k▲ 29.1%
2024 · €146k
2020: €37k
2021: €61k
2022: €94k
2023: €115k
2024: €146k
2020 → 2025
Net result
€43k▲ 36.2%
2024 · €32k
2020: €25k
2021: €24k
2022: €34k
2023: €21k
2024: €32k
2020 → 2025
Total assets
€794k▼ 10.5%
2024 · €887k
2020: €527k
2021: €497k
2022: €504k
2023: €848k
2024: €887k
2020 → 2025
Solvency
23.7%▲ 7.3pp
2024 · 16.4%
2020: 7.0%
2021: 12.3%
2022: 18.7%
2023: 13.5%
2024: 16.4%
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€61k-€94k▲ 54.2%€115k▲ 21.8%€146k▲ 26.9%€188k▲ 29.1%
Operating result€44k-€53k▲ 19.6%€41k▼ 22.7%€70k▲ 71.0%€73k▲ 4.6%
Net result€24k-€34k▲ 41.3%€21k▼ 37.1%€32k▲ 48.7%€43k▲ 36.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 5% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €794k
Fixed assets
€690k ▼ 4.3%
Current assets
€104k ▼ 37.4%
Equity and liabilities €794k
Equity
€188k ▲ 29.1%
Debt
€606k ▼ 18.3%
Debt's share of the balance-sheet total falls from 83.6% to 76.3%. Equity is higher and debt is lower.
Key figures and ratios
ROE
23.0%▲
2024 · 21.8%
ROA
5.4%▲
2024 · 3.6%
Debt ≤ 1 year
€131k▼
2024 · €242k
Debt > 1 year
€474k▼
2024 · €500k
Income taxes
€17k▲
2024 · €13k
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€887k€794k▼
Fixed assets21/28€720k€690k▼
Tangible fixed assets22/27€720k€690k▼
Land and buildings22€716k€686k▼
Plant, machinery and equipment23€4k€3k▼
Current assets29/58€167k€104k▼
Amounts receivable within one year40/41€84k€95k▲
Trade receivables40€60k€20k▼
Other amounts receivable41€24k€75k▲
Cash at bank and in hand54/58€75k€9k▼
Deferred charges and accrued income490/1€8k-
Equity and liabilities
Total equity and liabilities10/49€887k€794k▼
Equity10/15€146k€188k▲
Contributions10/11€1k€1k=
Reserves13€145k€187k▲
Distributable reserves133€145k€187k▲
Amounts payable17/49€742k€606k▼
Amounts payable after more than one year17€500k€474k▼
Financial debts170/4€500k€474k▼
Amounts payable within one year42/48€242k€131k▼
Current portion of amounts payable after more than one year42€25k€26k▲
Trade debts44€4k€6k▲
Suppliers440/4€4k€6k▲
Taxes, remuneration and social security45€6k€2k▼
Taxes450/3€3k€2k▼
Remuneration and social security454/9€3k-
Other amounts payable47/48€206k€98k▼
Accrued charges and deferred income492/3-€850
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€31k▼
Other operating charges640/8€7k€2k▼
Gross operating margin9900€108k€106k▼
Operating profit (loss)9901€70k€73k▲
Financial income75/76B€182€492▲
Recurring financial income75€182€492▲
Financial charges65/66B€26k€14k▼
Recurring financial charges65€26k€14k▼
Profit (loss) for the period before taxes9903€44k€60k▲
Income taxes67/77€13k€17k▲
Profit (loss) for the period9904€32k€43k▲
Profit (loss) for the period to be appropriated9905€32k€43k▲
Appropriation of the result
Profit (loss) to be appropriated9906€32k€43k▲
Transfer from equity791/2€833€859▲
Transfer to equity691/2€32k€43k▲
To other reserves6921€32k€43k▲
Profit to be distributed694/7€833€859▲
Return on contributions (dividend)694€833€859▲
The notes to these accounts (5 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
31-12
Financial
Highest result since 2020net €43k ▲36.2%
Operating result €73k, net result €43k, both a record.
31-12
Financial
Equity above €150kEq €188k ▲29.1%
6 profitable years in a row build equity to €188k.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
24-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 55 days late
2023
31-12
Financial
Weakest financial yearnet €21k ▼37.1%
Net result drops to €21k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €115k ▲21.8%
4 profitable years in a row build equity to €115k.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 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, Brugge · 1 establishment unit since 2016
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.
Gistelse Steenweg 1218200 BruggeGround area
2,110 m²
Building footprint
333 m²
Volume, LiDAR
1,643 m³
2 parcels, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Pieter Dhaese Comm.V.
since 20162.251.578.252
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31035C0410/00E000 | Flanders | 2,024 m² | 1 · 254 m² | 6.2 m · 2 fl. |
| 31027D0367/00G005 | Flanders | 85 m² | 1 · 78 m² | 10.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ANTWERPIA NATIE
BE 0404.752.690
Antwerpen · Eq €188,081
Tompson
BE 1016.927.808
Jabbeke · Eq €188,101
KENKAT
BE 0893.483.529
Grimbergen · Eq €187,938
NIBISA
BE 0651.976.095
Deinze · Eq €187,901
LUPUS
BE 0835.938.575
Brugge · Eq €187,844
Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 13,482 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
Founded14-03-2016
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.