PIRAGRI ACHENE
ActiveSummary
For PIRAGRI ACHENE, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €422k and a net result of €49k. Equity is growing by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 59% of 6600 sector peers (fiscal year 2023). The company has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability74▲+59
Solvency64▼-30
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
39.5%
Return on assets
4.5%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 13-05-2024, 79 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
79 d early
2022
8 d late
2021
10 d early
2020
13 d late
2019
25 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€49k
2022 · €-13k
2018: €109k
2019: €72k
2020: €72k
2021: €65k
2022: €-13k
2018 → 2023
Working capital
€417k▲ 28.5%
2022 · €325k
2018: €231k
2019: €306k
2020: €373k
2021: €334k
2022: €325k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€309k-€381k▲ 23.3%€347k▼ 9.1%€333k▼ 3.8%€422k▲ 26.7%
Operating result€102k-€91k▼ 11.2%€85k▼ 6.1%€-8k€64k
Net result€72k-€72k▲ 0.3%€65k▼ 9.6%€-13k€49k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €64k after a loss of €8k in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.07M
Fixed assets
€5k ▼ 39.6%
Current assets
€1.06M ▲ 125%
Equity and liabilities €1.07M
Equity
€422k ▲ 26.7%
Debt
€647k ▲ 339%
Debt's share of the balance-sheet total rises from 30.6% to 60.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€68k▲
2022 · €-3k
Cash flow
€53k▲
2022 · €-9k
Current ratio
1.64▼
2022 · 3.21
Quick ratio
1.54▼
2022 · 2.71
Debt to equity
1.53▲
2022 · 0.44
ROE
11.5%▲
2022 · -4.0%
ROA
4.5%▲
2022 · -2.7%
Interest coverage
16.57▲
2022 · -0.64
Debt ≤ 1 year
€647k▲
2022 · €147k
Income taxes
€11k
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 · 2023 against 2022 · 47 lines
Balance sheet
Code20222023
Assets
Total assets20/58€481k€1.07M▲
Fixed assets21/28€9k€5k▼
Tangible fixed assets22/27€9k€5k▼
Plant, machinery and equipment23€2k€805▼
Furniture and vehicles24€3k€2k▼
Other tangible fixed assets26€4k€2k▼
Current assets29/58€472k€1.06M▲
Amounts receivable after more than one year29€111k€102k▼
Other amounts receivable291€111k€102k▼
Stocks and contracts in progress3€73k€70k▼
Stocks30/36€73k€70k▼
Amounts receivable within one year40/41€137k€70k▼
Trade receivables40€107k€60k▼
Other amounts receivable41€30k€10k▼
Cash at bank and in hand54/58€148k€820k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€481k€1.07M▲
Equity10/15€333k€422k▲
Contributions10/11€19k€19k=
Outside capital11-€19k
Other1109/19-€19k
Reserves13€70k€70k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€68k€70k▲
Profit (loss) carried forward14€245k€334k▲
Amounts payable17/49€147k€647k▲
Amounts payable within one year42/48€147k€647k▲
Trade debts44€122k€596k▲
Suppliers440/4€122k€596k▲
Taxes, remuneration and social security45€25k€50k▲
Taxes450/3€22k€42k▲
Remuneration and social security454/9€4k€9k▲
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼
Other operating charges640/8€9k€9k▲
Gross operating margin9900€6k€77k▲
Operating profit (loss)9901€-8k€64k▲
Financial income75/76B€0€1▲
Recurring financial income75€0€1▲
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€-13k€60k▲
Income taxes67/77-€11k
Profit (loss) for the period9904€-13k€49k▲
Profit (loss) for the period to be appropriated9905€-13k€49k▲
Appropriation of the result
Profit (loss) to be appropriated9906€245k€334k▲
Profit (loss) brought forward from the previous period14P€258k€285k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
13-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €49k
Net result €49k after one loss-making year.
08-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 8 days late
2022
31-12
Financial
Weakest financial yearnet €-13k ▼120%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
21-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 13 days late
2020
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
2019
31-12
Financial
Liquidity times 6current ratio 9.25
Current ratio from 1.55 to 9.25; short-term debt falls from €424k to €37k.
10-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 10 days late
2018
12-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 12 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
2015
18-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Ciney · 1 establishment unit since 1988
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.
Avenue d'Huart 1605590 CineyGround area
337 m²
Building footprint
133 m²
Parcel 91030A0063/00S002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Avenue d'Huart 160, 5590 Ciney
since 19882.040.457.851
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91030A0063/00S002 | Wallonia | 337 m² | 1 · 133 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
Food safety, FASFC
1 siteCiney2.040.457.851
Similar companies · same sector, comparable size
HAZER
BE 0799.371.258
Heusden-Zolder · Eq €421k
JADOULLE - MUNTERS
BE 0475.361.465
Tongeren-Borgloon · Eq €426k
TARBAZ
BE 0844.825.953
Courcelles · Eq €418k
SVEN KERSTENS
BE 0842.209.626
Wuustwezel · Eq €428k
PAULY FRANK
BE 0471.371.696
Riemst · Eq €417k
Of 1,266 companies in sector 47300 we hold annual accounts for 945. 689 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
Founded22-09-1988
Fiscal year end31-12
Activities, NACEBEL 2025
47300Retail sale of automotive fuel
47110Non-specialised retail sale with food, beverages or tobacco predominating
47241Retail sale of bread and pastry (bakery outlets)
47252Retail sale of beverages, general range
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.