Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of PEETERS SOLID-SURFACE is 13.6% (high). The 2024 annual accounts show negative equity (€-11k) and a net result of €-7k. Equity is shrinking by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 11120 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Based on the State Gazette, CBE and 3 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone13.6%
High
0%0,5%1,5%4%10%≥25%
Recent warning signals
+Young company
+Annual accounts: weaker financial profile
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Insolvency timeline
1 events15-12-2025
KBO administration
Address struck
Signals
1 signal · with evidenceNegative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideDeadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 16 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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.
How we compute the deadline
The year end is derived from 3 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | 30-09-2025 | 61 d late | 2025-00530241 |
| 31-12-2023 | 31-07-2024 | 20-06-2024 | 41 d early | 2024-00151720 |
| 31-12-2022 | 31-07-2023 | 22-09-2023 | 53 d late | 2023-00451603 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
1 signalNo legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
1 eventAddress struck
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-7k
Working capital€-12k-683.6%
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 30-09-2025 with the NBB · fiscal year 2024 · micro
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining
Equity: declining trend of ~5.7%/year over 3 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -63.4% | 40.9% | |
| Net result | €-7k | €11k | |
| Equity | €-11k | €34k | |
| Gross operating margin | €-5k | €35k | |
| Total assets | €17k | €94k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P5
Stable position over 2022-2024
· n=6632-11120
P12
Stable position over 2022-2024
· n=6617-11103
P5
Stable position over 2022-2024
· n=6640-11124
P5
Stable position over 2022-2024
· n=6611-11092
Describes the position versus peers, not a forecast.
€-6k
-
22-24
€-7k
-
22-24
€-7k
-
22-24
€17k
-3.5%
22-24
€-11k
-185.5%
22-24
€-12k
-683.6%
22-24
€28k
+29.8%
22-24
€28k
+55.2%
22-24
Show 8 other metrics
€4k
0.0%
22-24
0.58
-36.5%
22-24
0.58
-36.5%
22-24
-63.4%
-196.0%
22-24
-2.58
+54.5%
22-24
65.0%
-
22-24
-41.2%
-
22-24
-6.61
-
22-24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-6k |
| Net profit | €-7k |
| Cash flow | €-7k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €17k |
| Equity | €-11k |
| Debt | €28k |
| of which ≤ 1y | €28k |
| of which > 1y | - |
| Working capital | €-12k |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 0.58 |
| Quick ratio | 0.58 |
| Working capital ratio | -68.2% |
| Solvency | -63.4% |
| Debt / equity | -2.58 |
| Long-term debt ratio | - |
| Interest coverage | -6.61 |
| Gross margin | - |
| Net margin | - |
| ROA | -41.2% |
| ROE | 65.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (19 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €17k |
| Formation expenses | 20 | €806 |
| Current assets | 29/58 | €16k |
| Amounts receivable within one year | 40/41 | €16k |
| Cash & bank | 54/58 | €527 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €17k |
| Equity | 10/15 | €-11k |
| Contributions / capital | 10/11 | €5k |
| Accumulated profits (losses) | 14 | €-16k |
| Amounts payable | 17/49 | €28k |
| Amounts payable within one year | 42/48 | €28k |
| Trade debts payable within one year | 44 | €16k |
| Income statement | ||
| Gross operating margin | 9900 | €-5k |
| Operating result | 9901 | €-6k |
| Financial income | 75 | €61 |
| Financial charges | 65 | €876 |
| Result before taxes | 9903 | €-7k |
| Net result for the period | 9904 | €-7k |
| Result to be appropriated | 9905 | €-7k |
This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2024 · computed7
/ 100
Critical
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Directors
Directors & mandates
2 directors2 of this company's 2 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.
Current directors & mandates
-
DE MAEYER WernerManagerState Gazette act 25083555 (07-07-2025)Current05-05-2025 → present
Former directors (1)
-
PETKOV PetarManaging directorState Gazette act 25083555 (07-07-2025)Former- → 05-05-2025
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Overige werkzaamheden in verband met de afwerking van gebouwen(43350) |
| Legal form | Private limited company(610) |
| Incorporation | 22-12-2021 |
| Status | Active |
| Postal code | - |
Structure & network
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationPEETERS SOLID-SURFACE
since 20222.325.419.305
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area636 m²
Buildings1
Building footprint146 m²
Volume (LiDAR)481 m³
Tallest building5.5 m · ±1 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44019B0854/00G000 | Flanders | 636 m² | 1 · 146 m² | 5.5 m · 1 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
1 event from the State Gazette15-12-2025
KBO administration
Address struck
Time machine: BS events + macro context
2021-2026Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad · acts
1 acts All acts · 1
updated 1 year ago
2025
07-07-2025 1 director appointed, 1 resigning
- DE MAEYER Werner, Zaakvoerder
- PETKOV Petar, Gedelegeerd bestuurder
Analysis
Financial profile
5 of 5 axes measured57
/ 100
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
Health
7
Profitability
100
Solvency
35
Growth
58
Stability
86
Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector and regionBE 0422.177.355 · Ans
BE 0421.171.723 · Braine-l'Alleud
BE 0419.194.804 · Namur
BE 0426.319.948 · Hasselt
BE 0424.457.350 · Antwerpen
We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. We hold annual accounts for 647 of the 7,237 companies in this sector.
Company registry
Company registry (CBE)
Crossroads BankActivities
Overige werkzaamheden in verband met de afwerking van gebouwen43350Overige werkzaamheden in verband met de afwerking van gebouwen43390Vervaardiging van ander schrijn- en timmerwerk16230Vervaardiging van ander schrijn- en timmerwerk16230Stukadoorswerk43310Stukadoorswerk43310Schrijnwerk43320Schrijnwerk43320
Primary activity highlighted.
Names & trade names
| Legal nameNL | PEETERS SOLID-SURFACE |
Registration history
- 15-12-2025 Address struck
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.