PIRARD MANAGEMENT
ActivePIRARD MANAGEMENT has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15k and a net result of €26k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 28% of 31545 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
83
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency50▼-9
Growth78=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.32 against 1.44 in 2024), and 72.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
27.5%
Return on assets
46.9%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-03-2026, 122 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
122 d early
2024
35 d early
2023
27 d late
2022
1 d late
2021
27 d early
2020
19 d early
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€15k=
2024 · €15k
2020: €15k
2021: €25k
2022: €15k
2023: €15k
2024: €15k
2020 → 2025
Total assets
€55k▲ 13.4%
2024 · €48k
2020: €57k
2021: €85k
2022: €79k
2023: €49k
2024: €48k
2020 → 2025
Net result
€26k▲ 94.0%
2024 · €13k
2020: €10k
2021: €35k
2022: €17k
2023: €13k
2024: €13k
2020 → 2025
Working capital
€13k▼ 14.3%
2024 · €15k
2020: €4k
2021: €11k
2022: €1k
2023: €9k
2024: €15k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€25k-€15k▼ 39.4%€15k=€15k=€15k=
Operating result€45k-€23k▼ 50.1%€19k▼ 15.8%€21k▲ 12.8%€36k▲ 69.6%
Net result€35k-€17k▼ 51.2%€13k▼ 25.8%€13k▲ 4.9%€26k▲ 94.0%
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 70% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €55k
Fixed assets
€2k▲ 647%
Current assets
€52k▲ 9.1%
Equity and liabilities €55k
Equity
€15k=
Debt
€40k▲ 19.5%
The debt ratio rises from 68.8% to 72.5%: debt grows faster than equity.
Key figures and ratios
EBITDA
€37k▲
2024 · €28k
Cash flow
€26k▲
2024 · €19k
Solvency
27.5%▼
2024 · 31.2%
Current ratio
1.32▼
2024 · 1.44
Quick ratio
1.32▼
2024 · 1.44
Debt / equity
2.64▲
2024 · 2.21
ROE
170.9%▲
2024 · 88.1%
ROA
46.9%▲
2024 · 27.5%
Interest coverage
206.21▲
2024 · 140.08
Debt
€40k▲
2024 · €33k
Debt ≤ 1 year
€40k▲
2024 · €33k
Income taxes
€11k▲
2024 · €9k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€48k€55k▲
Fixed assets21/28€323€2k▲
Tangible fixed assets22/27€173€2k▲
Furniture and vehicles24€173€2k▲
Financial fixed assets28€150€150=
Current assets29/58€48k€52k▲
Amounts receivable within one year40/41€28k€16k▼
Trade receivables40€25k€15k▼
Other amounts receivable41€3k€584▼
Cash at bank and in hand54/58€18k€35k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€48k€55k▲
Equity10/15€15k€15k=
Contributions10/11€5k€5k=
Profit (loss) carried forward14€10k€10k=
Amounts payable17/49€33k€40k▲
Amounts payable within one year42/48€33k€40k▲
Trade debts44€4k€1k▼
Suppliers440/4€4k€1k▼
Taxes, remuneration and social security45€16k€11k▼
Taxes450/3€16k€11k▼
Other amounts payable47/48€13k€27k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€399▼
Other operating charges640/8€387€400▲
Gross operating margin9900€28k€37k▲
Operating profit (loss)9901€21k€36k▲
Financial income75/76B€560€9▼
Recurring financial income75€560€9▼
Financial charges65/66B€197€178▼
Recurring financial charges65€197€178▼
Profit (loss) for the period before taxes9903€22k€36k▲
Income taxes67/77€9k€11k▲
Profit (loss) for the period9904€13k€26k▲
Profit (loss) for the period to be appropriated9905€13k€26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€23k€36k▲
Profit (loss) brought forward from the previous period14P€10k€10k=
Profit to be distributed694/7€13k€26k▲
Return on contributions (dividend)694€13k€26k▲
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
Next filing, fiscal year 2026, expected by
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2020net €35k ▲249%
Operating result €45k, net result €35k, both a record.
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Watermaal-Bosvoorde · 1 establishment unit since 2019
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.
Giervalkenlaan 101170 Watermaal-BosvoordeGround area
1.4 ha
Building footprint
398 m²
Volume, LiDAR
14,689 m³
Parcel 21017D0214/00F000, Brussels · tallest building 40.7 m, ±12 floors. Linked by address, not a title deed.
1 establishment unit
PIRARD MANAGEMENT
since 20192.295.237.358
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21017D0214/00F000 | Brussels | 1.4 ha | 1 · 398 m² | 40.7 m · 12 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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AUMACO
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Bram De Schouwer
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SlimEnergy
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Of 82,241 companies in sector 70200 we hold annual accounts for 52,391. 27,393 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-10-2019
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
62020IT consultancy
62200Computer consultancy and computer facilities management
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.