PEBAT
ActiveSummary
PEBAT has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-2k) and a net result of €3k. Equity is growing by ~38.1% per year across the filed fiscal years. Its solvency ranks better than 7% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability49▲+4
Solvency22▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.41 against 1.77 in 2024; short-term debt: 45.3% and cash: 0% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
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 2025Solvency, return and age of the figures
Solvency
-3.2%
Return on assets
3.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 7838 sector peers (2025).
NBB · sector comparisonPosition among 7838 sector peers
Solvency
better than 7%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-09-2026, 36 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
36 d late
2024
46 d late
2023
31 d late
2022
31 d late
2021
29 d late
2020
46 d late
2018
28 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€76k
EBIT margin
-0.3%
Net result
€3k▲ 24.9%
2024 · €2k
2018: €-3k
2020: €-12klowest value
2021: €-2k▲ +86.9% vs 2020
2022: €16k▲ +1098% vs 2021highest value
2023: €-4k▼ -125% vs 2022
2024: €2k▲ +154% vs 2023
2025: €3k▲ +24.9% vs 2024
2018 → 2025
Working capital
€14k▼ 30.1%
2024 · €20k
2018: €-20klowest value
2020: €-16k
2021: €-17k▼ -5.8% vs 2020
2022: €-3k▲ +82.7% vs 2021
2023: €16k▲ +667% vs 2022
2024: €20k▲ +20.4% vs 2023highest value
2025: €14k▼ -30.1% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-19k-€-3k▲ 83.2%€-7k▼ 126%€-5k▲ 30.0%€-2k▲ 53.5%
2021: €-19klowest in 5 years
2022: €-3k▲ +83.2% vs 2021
2023: €-7k▼ -126% vs 2022
2024: €-5k▲ +30.0% vs 2023
2025: €-2k▲ +53.5% vs 2024highest in 5 years
Operating result€-253-€18k€-2k€7k€8k▲ 13.8%
2021: €-253
2022: €18k▲ +7038% vs 2021highest in 5 years
2023: €-2k▼ -113% vs 2022lowest in 5 years
2024: €7k▲ +398% vs 2023
2025: €8k▲ +13.8% vs 2024
Net result€-2k-€16k€-4k€2k€3k▲ 24.9%
2021: €-2k
2022: €16k▲ +1098% vs 2021highest in 5 years
2023: €-4k▼ -125% vs 2022lowest in 5 years
2024: €2k▲ +154% vs 2023
2025: €3k▲ +24.9% vs 2024
Turnover and EBIT margin not published: the abbreviated or 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 14% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €75k
Fixed assets
€27k ▼ 23.8%
Current assets
€48k ▲ 5.5%
Key figures and ratios
EBITDA
€17k▲
2024 · €14k
Cash flow
€11k▲
2024 · €9k
Solvency
-3.2%▲
2024 · -6.4%
Current ratio
1.41▼
2024 · 1.77
Quick ratio
1.29▲
2024 · 1.18
Debt to equity
-32.27▼
2024 · -16.70
ROA
3.7%▲
2024 · 2.7%
Interest coverage
3.11▲
2024 · 2.75
Debt
€77k▼
2024 · €86k
Debt ≤ 1 year
€34k▲
2024 · €26k
Debt > 1 year
€43k▼
2024 · €61k
Staff costs
€958▲
2024 · €434
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 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€81k€75k▼
Fixed assets21/28€36k€27k▼
Tangible fixed assets22/27€36k€27k▼
Furniture and vehicles24€13k€9k▼
Leasing and similar rights25€23k€18k▼
Current assets29/58€45k€48k▲
Stocks and contracts in progress3€15k€4k▼
Stocks30/36€15k€4k▼
Amounts receivable within one year40/41€28k€44k▲
Trade receivables40€15k€13k▼
Other amounts receivable41€14k€31k▲
Cash at bank and in hand54/58€1k€0▼
Deferred charges and accrued income490/1€633€0▼
Equity and liabilities
Total equity and liabilities10/49€81k€75k▼
Equity10/15€-5k€-2k▲
Contributions10/11€31k€31k=
Capital10€31k€31k=
Issued capital100€31k€31k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Legal reserve130€3k€3k=
Profit (loss) carried forward14€-39k€-36k▲
Amounts payable17/49€86k€77k▼
Amounts payable after more than one year17€61k€43k▼
Financial debts170/4€61k€43k▼
Amounts payable within one year42/48€26k€34k▲
Current portion of amounts payable after more than one year42€16k€17k▲
Financial debts43€2k€12k▲
Credit institutions430/8€2k€12k▲
Trade debts44€7k€2k▼
Suppliers440/4€7k€2k▼
Advances received on contracts in progress46-€3k
Taxes, remuneration and social security45€107€0▼
Taxes450/3€0€0=
Remuneration and social security454/9€107€0▼
Other amounts payable47/48€127€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€434€958▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€9k▲
Other operating charges640/8€875€410▼
Gross operating margin9900€15k€18k▲
Operating profit (loss)9901€7k€8k▲
Financial income75/76B€68€45▼
Recurring financial income75€68€45▼
Financial charges65/66B€5k€5k▲
Recurring financial charges65€5k€5k▲
Profit (loss) for the period before taxes9903€2k€3k▲
Profit (loss) for the period9904€2k€3k▲
Profit (loss) for the period to be appropriated9905€2k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-39k€-36k▲
Profit (loss) brought forward from the previous period14P€-41k€-39k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €81 | €180 | €227 | €434 | €958 | ▲ 121% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €923 | €1k | €6k | €9k | ▲ 32.2% |
| Other operating charges640/8 | €113 | €149 | €124 | €875 | €410 | ▼ 53.2% |
| Gross operating margin9900 | €4k | €19k | €-928 | €15k | €18k | ▲ 21.0% |
| Operating profit (loss)9901 | €-253 | €18k | €-2k | €7k | €8k | ▲ 13.8% |
| Financial income75/76B | - | €1 | €7 | €68 | €45 | ▼ 34.2% |
| Recurring financial income75 | - | €1 | €7 | €68 | €45 | ▼ 34.2% |
| Financial charges65/66B | €1k | €1k | €2k | €5k | €5k | ▲ 8.2% |
| Recurring financial charges65 | €1k | €1k | €2k | €5k | €5k | ▲ 8.2% |
| Profit (loss) for the period before taxes9903 | €-2k | €16k | €-4k | €2k | €3k | ▲ 24.9% |
| Profit (loss) for the period9904 | €-2k | €16k | €-4k | €2k | €3k | ▲ 24.9% |
| Profit (loss) for the period to be appropriated9905 | €-2k | €16k | €-4k | €2k | €3k | ▲ 24.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €55k | €67k | €42k | €81k | €75k | ▼ 7.4% |
| Fixed assets21/28 | €0 | €2k | €1k | €36k | €27k | ▼ 23.8% |
| Tangible fixed assets22/27 | €0 | €2k | €1k | €36k | €27k | ▼ 23.8% |
| Plant, machinery and equipment23 | €0 | €0 | €0 | - | - | - |
| Furniture and vehicles24 | €0 | €2k | €1k | €13k | €9k | ▼ 26.0% |
| Leasing and similar rights25 | €0 | €0 | €0 | €23k | €18k | ▼ 22.6% |
| Current assets29/58 | €55k | €65k | €41k | €45k | €48k | ▲ 5.5% |
| Stocks and contracts in progress3 | €34k | €31k | €13k | €15k | €4k | ▼ 73.3% |
| Stocks30/36 | €14k | €14k | €13k | €15k | €4k | ▼ 73.3% |
| Contracts in progress37 | €20k | €17k | €0 | - | - | - |
| Amounts receivable within one year40/41 | €20k | €33k | €20k | €28k | €44k | ▲ 55.0% |
| Trade receivables40 | €7k | €17k | €6k | €15k | €13k | ▼ 11.7% |
| Other amounts receivable41 | €13k | €16k | €14k | €14k | €31k | ▲ 126% |
| Current investments50/53 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | - | - | €7k | €1k | €0 | ▼ 100% |
| Deferred charges and accrued income490/1 | €462 | €759 | €2k | €633 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €55k | €67k | €42k | €81k | €75k | ▼ 7.4% |
| Equity10/15 | €-19k | €-3k | €-7k | €-5k | €-2k | ▲ 53.5% |
| Contributions10/11 | €31k | €31k | €31k | €31k | €31k | = |
| Capital10 | €31k | €31k | €31k | €31k | €31k | = |
| Issued capital100 | €31k | €31k | €31k | €31k | €31k | = |
| Reserves13 | €3k | €3k | €3k | €3k | €3k | = |
| Non-distributable reserves130/1 | €3k | €3k | €3k | €3k | €3k | = |
| Legal reserve130 | €3k | €3k | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €-53k | €-37k | €-41k | €-39k | €-36k | ▲ 7.0% |
| Amounts payable17/49 | €74k | €70k | €50k | €86k | €77k | ▼ 10.2% |
| Amounts payable after more than one year17 | €3k | €3k | €25k | €61k | €43k | ▼ 28.4% |
| Financial debts170/4 | €0 | - | €25k | €61k | €43k | ▼ 28.4% |
| Other amounts payable178/9 | €3k | €3k | €0 | - | - | - |
| Amounts payable within one year42/48 | €71k | €68k | €25k | €26k | €34k | ▲ 33.0% |
| Current portion of amounts payable after more than one year42 | €3k | €3k | €0 | €16k | €17k | ▲ 3.6% |
| Financial debts43 | €9k | €7k | - | €2k | €12k | ▲ 515% |
| Credit institutions430/8 | €9k | €7k | - | €2k | €12k | ▲ 515% |
| Trade debts44 | €41k | €23k | €8k | €7k | €2k | ▼ 67.6% |
| Suppliers440/4 | €41k | €23k | €8k | €7k | €2k | ▼ 67.6% |
| Advances received on contracts in progress46 | - | - | - | - | €3k | - |
| Taxes, remuneration and social security45 | €0 | €2k | €2k | €107 | €0 | ▼ 100% |
| Taxes450/3 | €0 | €2k | €0 | €0 | €0 | - |
| Remuneration and social security454/9 | - | - | €2k | €107 | €0 | ▼ 100% |
| Other amounts payable47/48 | €19k | €33k | €15k | €127 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-2k | €16k | €-4k | €2k | €3k | ▲ 24.9% |
| + Depreciation and write-downs630 | €4k | €923 | €1k | €6k | €9k | ▲ 32.2% |
| Operating cash flow (approximation) | €3k | €17k | €-3k | €9k | €11k | ▲ 30.3% |
| Investment in fixed assets (approximation) | - | €-3k | €0 | €-41k | €0 | ▲ 100% |
| Change in cash | - | - | - | €-6k | €-1k | ▲ 76.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 36 days late
2025
15-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 46 days late
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €16k
Net result €16k after 3 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
15-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 46 days late
2020
31-12
Financial
Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Soumagne · 1 establishment unit since 1998
Ground area
696 m²
Building footprint
216 m²
Volume, LiDAR
1,836 m³
2 parcels, Wallonia · tallest building 17.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Rue des Waides(MEL) 8, 4633 Soumagne
since 19982.087.709.026
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62099A0005/00G005 | Wallonia | 578 m² | 1 · 134 m² | 5.2 m · 1 fl. |
| 62099A0051/00H005indicative | Wallonia | 118 m² | 1 · 82 m² | 17.9 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 7,863 companies in sector 43341 we hold annual accounts for 2,663. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded23-04-1998
Fiscal year end31-12
Activities, NACEBEL 2025
43341Painting of buildings
Scores and ratios are computed by Checked and are not a credit decision.