PEGAMO V
ActiveSummary
PEGAMO V has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19.53M and a net result of €-583k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 94% of 4539 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability65▲+2
Solvency100=
Growth37=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5M at 30 days acceptable
Liquidity ample (current ratio 14.86 against 5.68 in 2024; short-term debt: 1.2% and cash: 2.6% of total assets), and 2.6% of the assets are financed with debt.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
97.4%
Return on assets
-2.9%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €19.53M
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 10-04-2026, 112 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
112 d early
2024
87 d early
2023
76 d early
2022
76 d early
2021
89 d early
2020
99 d early
2019
106 d early
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€1.17M▼ 0.2%
2021 · €1.17M
2018: €1.64M
2019: €1.62M
2020: €1.30M
2021: €1.17M
2018 → 2022
EBIT margin
-17.0%▲ 1.1pp
2021 · -18.1%
2018: 38.0%
2019: 25.0%
2020: 4.6%
2021: -18.1%
2018 → 2022
Net result
€-583k▲ 3.1%
2024 · €-601k
2018: €287k
2019: €-226k
2020: €53k
2021: €-229k
2022: €-312k
2023: €62k
2024: €-601k
2018 → 2025
Working capital
€3.46M▲ 144%
2024 · €1.42M
2018: €-12.78M
2019: €1.63M
2020: €2.44M
2021: €2.18M
2022: €2.04M
2023: €2.15M
2024: €1.42M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.17M-€1.17M▼ 0.2%
Equity€13.37M-€13.06M▼ 2.3%€13.12M▲ 0.5%€12.52M▼ 4.6%€19.53M▲ 56.1%
Operating result€-213k-€-200k▲ 6.3%€39k€-651k€-644k▲ 1.0%
Net result€-229k-€-312k▼ 36.3%€62k€-601k€-583k▲ 3.1%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €644k in 2025 against €651k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €20.06M
Fixed assets
€16.35M ▲ 42.8%
Current assets
€3.71M ▲ 115%
Equity and liabilities €20.06M
Equity
€19.53M ▲ 56.1%
Provisions
€60k =
Debt
€466k ▼ 22.3%
Debt's share of the balance-sheet total falls from 4.6% to 2.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€494k▲
2024 · €297k
Cash flow
€555k▲
2024 · €346k
Current ratio
14.86▲
2024 · 5.68
Debt to equity
0.02▼
2024 · 0.05
ROE
-3.0%▲
2024 · -4.8%
ROA
-2.9%▲
2024 · -4.6%
Interest coverage
602.03▼
2024 · 1455.36
Debt ≤ 1 year
€249k▼
2024 · €303k
Income taxes
€0▲
2024 · €-6k
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 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€13.18M€20.06M▲
Fixed assets21/28€11.45M€16.35M▲
Tangible fixed assets22/27€11.38M€16.28M▲
Land and buildings22€11.38M€16.28M▲
Financial fixed assets28€72k€72k=
Current assets29/58€1.72M€3.71M▲
Amounts receivable within one year40/41€210k€626k▲
Trade receivables40€190k€594k▲
Other amounts receivable41€20k€32k▲
Current investments50/53€970k€2.06M▲
Cash at bank and in hand54/58€227k€514k▲
Deferred charges and accrued income490/1€314k€510k▲
Equity and liabilities
Total equity and liabilities10/49€13.18M€20.06M▲
Equity10/15€12.52M€19.53M▲
Contributions10/11€20.39M€27.99M▲
Profit (loss) carried forward14€-7.88M€-8.46M▼
Provisions and deferred taxes16€60k€60k=
Provisions for liabilities and charges160/5€60k€60k=
Major repairs and maintenance162€60k€60k=
Amounts payable17/49€600k€466k▼
Amounts payable within one year42/48€303k€249k▼
Trade debts44€106k€74k▼
Suppliers440/4€106k€74k▼
Taxes, remuneration and social security45€65k€43k▼
Taxes450/3€65k€43k▼
Other amounts payable47/48€132k€132k=
Accrued charges and deferred income492/3€297k€217k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€948k€1.14M▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€0-
Other operating charges640/8€202k€208k▲
Gross operating margin9900€499k€702k▲
Operating profit (loss)9901€-651k€-644k▲
Financial income75/76B€43k€62k▲
Recurring financial income75€43k€62k▲
Financial charges65/66B€204€821▲
Recurring financial charges65€204€821▲
Profit (loss) for the period before taxes9903€-608k€-583k▲
Income taxes67/77€-6k€0▲
Profit (loss) for the period9904€-601k€-583k▲
Profit (loss) for the period to be appropriated9905€-601k€-583k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-7.88M€-8.46M▼
Profit (loss) brought forward from the previous period14P€-7.28M€-7.88M▼
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
10-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Liquidity triplescurrent ratio 14.86
Current ratio from 5.68 to 14.86; short-term debt falls from €303k to €249k.
05-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-601k
Net result drops to €-601k, the lowest in the series; recovery starts the following year.
16-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €62k
Net result €62k after 2 loss-making years.
16-05
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema
2022
03-05
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema
2021
23-04
NBB filing
Annual accounts filed
fiscal year 2020 · unclassified schema
2020
31-12
Financial
Back to profitnet €53k
Net result €53k after one loss-making year.
16-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Liquidity times 56current ratio 9.09
Current ratio from 0.16 to 9.09; short-term debt falls from €15.26M to €201k.
Show earlier events
31-12
Financial
Equity above €10MEq €13.54M ▲9,672%
Equity rises from €139k to €13.54M.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 27 acts read
About the unread acts
We know of 27 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
27 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, Brussel · 1 establishment unit since 1998
Ground area
1,027 m²
Building footprint
800 m²
Volume, LiDAR
19,374 m³
Parcel 21805E0534/00D000, Brussels · tallest building 44.0 m, ±8 floors. Linked by address, not a title deed.
232
companies at this address
See who is registered here
1 establishment unit
Marnixlaan 23, 1000 Brussel
since 19982.131.279.941
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21805E0534/00D000 | Brussels | 1,027 m² | 1 · 800 m² | 44.0 m · 8 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.
Recognitions · licences · registrations
Legal Entity Identifier
549300JDFP61G0ZQGL74
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Of 11,747 companies in sector 68310 we hold annual accounts for 6,905. 599 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 (pre-2019)
Founded28-10-1998
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
35150Electricity, gas, steam and air conditioning supply
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.