PELSMAEKERS
ActivePELSMAEKERS has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.76M and a net result of €-25k. Equity is growing by ~3% per year across the filed fiscal years. Its solvency ranks better than 95% of 18024 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-4
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity ample (current ratio 46.92 against 18.23 in 2024), and 1.9% of the assets are financed with debt.
Credit advice 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 · 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
98.1%
Return on assets
-0.9%
Age of the figures
8 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 28-05-2026, 64 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
64 d early
2024
57 d early
2023
55 d early
2022
68 d early
2021
62 d early
2020
50 d early
2019
59 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2.76M▼ 0.9%
2024 · €2.79M
2018: €2.31M
2019: €2.39M
2020: €2.50M
2021: €2.64M
2022: €2.72M
2023: €2.76M
2024: €2.79M
2018 → 2025
Total assets
€2.82M▼ 3.9%
2024 · €2.93M
2018: €2.41M
2019: €2.47M
2020: €2.58M
2021: €2.72M
2022: €2.80M
2023: €2.86M
2024: €2.93M
2018 → 2025
Net result
€-25k
2024 · €25k
2018: €105k
2019: €86k
2020: €112k
2021: €134k
2022: €82k
2023: €42k
2024: €25k
2018 → 2025
Working capital
€2.49M▲ 0.6%
2024 · €2.47M
2018: €2.03M
2019: €2.15M
2020: €2.28M
2021: €2.37M
2022: €2.36M
2023: €2.42M
2024: €2.47M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.64M-€2.72M▲ 3.1%€2.76M▲ 1.6%€2.79M▲ 0.9%€2.76M▼ 0.9%
Operating result€170k-€104k▼ 38.8%€53k▼ 48.8%€16k▼ 69.4%€-48k
Net result€134k-€82k▼ 38.9%€42k▼ 48.4%€25k▼ 41.0%€-25k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €48k after €16k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.82M
Fixed assets
€275k▼ 13.0%
Current assets
€2.54M▼ 2.8%
Equity and liabilities €2.82M
Equity
€2.76M▼ 0.9%
Debt
€54k▼ 62.2%
The debt ratio falls from 4.9% to 1.9%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€-6k▼
2024 · €59k
Cash flow
€17k▼
2024 · €67k
Solvency
98.1%▲
2024 · 95.1%
Current ratio
46.92▲
2024 · 18.23
Quick ratio
46.47▲
2024 · 18.03
Debt / equity
0.02▼
2024 · 0.05
ROE
-0.9%▼
2024 · 0.9%
ROA
-0.9%▼
2024 · 0.9%
Interest coverage
-26.55▼
2024 · 395.14
Debt
€54k▼
2024 · €144k
Debt ≤ 1 year
€54k▼
2024 · €144k
Income taxes
€194▼
2024 · €9k
Staff costs
€170▲
2024 · €150
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€2.93M€2.82M▼
Fixed assets21/28€315k€275k▼
Intangible fixed assets21€13k€12k▼
Tangible fixed assets22/27€301k€261k▼
Land and buildings22€251k€234k▼
Plant, machinery and equipment23€3k€3k▼
Furniture and vehicles24€47k€25k▼
Financial fixed assets28€1k€1k=
Current assets29/58€2.62M€2.54M▼
Stocks and contracts in progress3€29k€25k▼
Stocks30/36€28k€25k▼
Contracts in progress37€1k-
Amounts receivable within one year40/41€129k€37k▼
Trade receivables40€51k€16k▼
Other amounts receivable41€78k€21k▼
Cash at bank and in hand54/58€2.46M€2.48M▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€2.93M€2.82M▼
Equity10/15€2.79M€2.76M▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.27M€1.27M=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€1.27M€1.27M=
Profit (loss) carried forward14€1.45M€1.43M▼
Amounts payable17/49€144k€54k▼
Amounts payable within one year42/48€144k€54k▼
Trade debts44€27k€4k▼
Suppliers440/4€27k€4k▼
Taxes, remuneration and social security45€81k€14k▼
Taxes450/3€75k€1k▼
Remuneration and social security454/9€6k€13k▲
Other amounts payable47/48€36k€36k▼
Income statement
Code20242025
Remuneration, social security and pensions62€150€170▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42k€42k▼
Other operating charges640/8€13k€8k▼
Non-recurring operating charges66A-€805
Gross operating margin9900€71k€3k▼
Operating profit (loss)9901€16k€-48k▼
Financial income75/76B€18k€23k▲
Recurring financial income75€18k€23k▲
Financial charges65/66B€148€232▲
Recurring financial charges65€148€232▲
Profit (loss) for the period before taxes9903€34k€-25k▼
Income taxes67/77€9k€194▼
Profit (loss) for the period9904€25k€-25k▼
Profit (loss) for the period to be appropriated9905€25k€-25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.48M€1.43M▼
Profit (loss) brought forward from the previous period14P€1.45M€1.45M=
Transfer to equity691/2€25k-
To other reserves6921€25k-
The notes to these accounts (10 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
28-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-25k ▼201%
Net result drops to €-25k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 46.92
Current ratio from 18.23 to 46.92; short-term debt falls from €144k to €54k.
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €134k ▲19.7%
Operating result €170k, net result €134k, both a record.
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
23-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Herentals · 1 establishment unit since 1988
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.
Geelseweg(HRT) 192200 HerentalsGround area
1,126 m²
Building footprint
236 m²
Volume, LiDAR
1,369 m³
Parcel 13302C0517/00G002, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PELSMAEKERS BVBA
since 19882.038.903.772
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13302C0517/00G002 | Flanders | 1,126 m² | 1 · 236 m² | 7.5 m · 2 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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Of 1,708 companies in sector 47521 we hold annual accounts for 1,275. 726 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-05-1988
Fiscal year end31-12
Activities, NACEBEL
26700
47521Retail sale of hardware, building materials, paint and glass (general range)
23700Cutting, shaping and finishing of stone
Sources
Crossroads Bank for EnterprisesNational Bank · 37 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.