QUARTIER PIETER
ActiveQUARTIER PIETER has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €74k and a net result of €6k. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 21% of 27407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
66
/ 100
Healthy▼ -5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability39▼-61
Solvency46▲+19
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.74 against 1.18 in 2024), but 80.9% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
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
19.1%
Return on assets
1.5%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 27407 sector peers (2025).
NBB · sector comparisonPosition among 27407 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
4 d early
2023
9 d early
2022
1 d early
2021
on the day
2020
1 d late
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close15-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€74k▲ 8.5%
2024 · €68k
2019: €126k
2020: €60k
2021: €32k
2022: €36k
2023: €47k
2024: €68k
2019 → 2025
Total assets
€387k▲ 1.8%
2024 · €380k
2019: €522k
2020: €408k
2021: €368k
2022: €359k
2023: €335k
2024: €380k
2019 → 2025
Net result
€6k▼ 73.3%
2024 · €22k
2019: €12k
2020: €-66k
2021: €-28k
2022: €5k
2023: €10k
2024: €22k
2019 → 2025
Working capital
€212k▲ 296%
2024 · €54k
2019: €95k
2020: €44k
2021: €24k
2022: €42k
2023: €45k
2024: €54k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€32k-€36k▲ 15.2%€47k▲ 27.8%€68k▲ 46.7%€74k▲ 8.5%
Operating result€-35k-€736€6k▲ 658%€17k▲ 203%€1k▼ 93.0%
Net result€-28k-€5k€10k▲ 110%€22k▲ 115%€6k▼ 73.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 93% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €387k
Fixed assets
€53k▲ 88.6%
Current assets
€334k▼ 5.1%
Equity and liabilities €387k
Equity
€74k▲ 8.5%
Debt
€313k▲ 0.4%
The debt ratio falls from 82.0% to 80.9%: equity grows faster than debt.
Key figures and ratios
EBITDA
€8k▼
2024 · €22k
Cash flow
€13k▼
2024 · €26k
Solvency
19.1%▲
2024 · 18.0%
Current ratio
2.74▲
2024 · 1.18
Quick ratio
1.92▲
2024 · 0.86
Debt / equity
4.22▼
2024 · 4.57
ROE
7.8%▼
2024 · 31.8%
ROA
1.5%▼
2024 · 5.7%
Interest coverage
6.43▼
2024 · 109.15
Debt
€313k▲
2024 · €312k
Debt ≤ 1 year
€122k▼
2024 · €298k
Debt > 1 year
€178k▲
2024 · €0
Income taxes
€338▲
2024 · €96
Staff costs
€78k▲
2024 · €75k
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€380k€387k▲
Fixed assets21/28€28k€53k▲
Tangible fixed assets22/27€16k€40k▲
Land and buildings22€227€0▼
Plant, machinery and equipment23€11k€9k▼
Furniture and vehicles24€4k€31k▲
Financial fixed assets28€12k€12k=
Current assets29/58€352k€334k▼
Stocks and contracts in progress3€95k€100k▲
Stocks30/36€95k€100k▲
Amounts receivable within one year40/41€200k€166k▼
Trade receivables40€188k€161k▼
Other amounts receivable41€12k€5k▼
Cash at bank and in hand54/58€58k€69k▲
Equity and liabilities
Total equity and liabilities10/49€380k€387k▲
Equity10/15€68k€74k▲
Contributions10/11€40k€40k=
Reserves13€28k€34k▲
Non-distributable reserves130/1€4k€4k=
Reserves not available under the articles1311€4k€4k=
Distributable reserves133€24k€30k▲
Amounts payable17/49€312k€313k▲
Amounts payable after more than one year17€0€178k▲
Financial debts170/4€0€14k▲
Other amounts payable178/9-€164k
Amounts payable within one year42/48€298k€122k▼
Current portion of amounts payable after more than one year42-€5k
Trade debts44€54k€42k▼
Suppliers440/4€54k€42k▼
Taxes, remuneration and social security45€15k€9k▼
Taxes450/3€5k€2k▼
Remuneration and social security454/9€10k€7k▼
Other amounts payable47/48€230k€66k▼
Accrued charges and deferred income492/3€13k€13k=
Income statement
Code20242025
Remuneration, social security and pensions62€75k€78k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€7k▲
Other operating charges640/8€4k€6k▲
Gross operating margin9900€100k€92k▼
Operating profit (loss)9901€17k€1k▼
Financial income75/76B€5k€6k▲
Recurring financial income75€5k€6k▲
Financial charges65/66B€197€1k▲
Recurring financial charges65€197€1k▲
Profit (loss) for the period before taxes9903€22k€6k▼
Income taxes67/77€96€338▲
Profit (loss) for the period9904€22k€6k▼
Profit (loss) for the period to be appropriated9905€22k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€22k€6k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€0-
Transfer to equity691/2€22k€6k▼
To other reserves6921€22k€6k▼
The notes to these accounts (11 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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Liquidity doublescurrent ratio 2.74
Current ratio from 1.18 to 2.74; short-term debt falls from €298k to €122k.
27-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2019net €22k ▲115%
Operating result €17k, net result €22k, both a record.
22-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 1 day late
2020
30-06
Financial
Weakest financial yearnet €-66k ▼637%
Net result drops to €-66k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-01
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
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, Harelbeke · 1 establishment unit since 2009
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.
Kortrijksesteenweg 2118530 HarelbekeGround area
149 m²
Building footprint
149 m²
Volume, LiDAR
1,230 m³
Parcel 34013A1245/00R004, Flanders · tallest building 12.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
QUARTIER PIETER
since 20092.177.859.539
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34013A1245/00R004 | Flanders | 149 m² | 1 · 149 m² | 12.6 m · 3 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
2023 to 2025 · 3 entries · 529 EUR awarded · 529 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 339 EUR | 339 EUR |
| 2024 | 1 | 95 EUR | 95 EUR |
| 2023 | 1 | 95 EUR | 95 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 22,729 companies in sector 43211 we hold annual accounts for 10,274. 8,740 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-02-2009
Fiscal year end30-06
Activities, NACEBEL
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
43291Specialised construction activities
46130Agents in the wholesale of timber and building materials
Sources
Crossroads Bank for EnterprisesNational Bank · 16 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.