PENOIT
ActiveSummary
PENOIT has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.00M and a net result of €224k. Equity is growing by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 90% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
91
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▲+5
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity ample (current ratio 7.8 against 4.02 in 2024; short-term debt: 11.4% and cash: 18.2% of total assets), and 12.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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
87.9%
Return on assets
19.7%
Age of the figures
9 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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
29 d late
2023
30 d late
2022
31 d late
2021
31 d late
2020
16 d late
2019
14 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.00M▲ 28.9%
2024 · €777k
2018: €384k
2019: €512k
2020: €639k
2021: €661k
2022: €755k
2023: €754k
2024: €777k
2018 → 2025
Total assets
€1.14M▲ 13.9%
2024 · €1.00M
2018: €431k
2019: €581k
2020: €687k
2021: €809k
2022: €907k
2023: €980k
2024: €1.00M
2018 → 2025
Net result
€224k▲ 48.4%
2024 · €151k
2018: €87k
2019: €128k
2020: €126k
2021: €120k
2022: €135k
2023: €86k
2024: €151k
2018 → 2025
Working capital
€885k▲ 40.2%
2024 · €632k
2018: €335k
2019: €489k
2020: €611k
2021: €618k
2022: €693k
2023: €656k
2024: €632k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€661k-€755k▲ 14.2%€754k▼ 0.2%€777k▲ 3.1%€1.00M▲ 28.9%
Operating result€169k-€193k▲ 14.8%€124k▼ 36.0%€189k▲ 52.3%€327k▲ 73.3%
Net result€120k-€135k▲ 12.3%€86k▼ 36.6%€151k▲ 76.3%€224k▲ 48.4%
Turnover and EBIT margin not published: the 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 73% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.14M
Fixed assets
€124k ▼ 22.4%
Current assets
€1.02M ▲ 20.8%
Equity and liabilities €1.14M
Equity
€1.00M ▲ 28.9%
Debt
€138k ▼ 38.3%
Debt's share of the balance-sheet total falls from 22.3% to 12.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€381k▲
2024 · €225k
Cash flow
€278k▲
2024 · €187k
Current ratio
7.80▲
2024 · 4.02
Debt to equity
0.14▼
2024 · 0.29
ROE
22.4%▲
2024 · 19.5%
ROA
19.7%▲
2024 · 15.1%
Interest coverage
215.81▼
2024 · 408.09
Debt ≤ 1 year
€130k▼
2024 · €209k
Debt > 1 year
€7k▼
2024 · €13k
Income taxes
€110k▲
2024 · €68k
Staff costs
€309k▼
2024 · €314k
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 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.00M€1.14M▲
Fixed assets21/28€159k€124k▼
Intangible fixed assets21€12k€14k▲
Tangible fixed assets22/27€148k€109k▼
Plant, machinery and equipment23€28k€22k▼
Furniture and vehicles24€120k€88k▼
Current assets29/58€841k€1.02M▲
Amounts receivable within one year40/41€96k€79k▼
Trade receivables40€72k€78k▲
Other amounts receivable41€24k€708▼
Current investments50/53€720k€720k=
Cash at bank and in hand54/58€13k€207k▲
Deferred charges and accrued income490/1€12k€9k▼
Equity and liabilities
Total equity and liabilities10/49€1.00M€1.14M▲
Equity10/15€777k€1.00M▲
Contributions10/11€13k€13k=
Reserves13€621k€845k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€619k€843k▲
Profit (loss) carried forward14€144k€144k=
Amounts payable17/49€223k€138k▼
Amounts payable after more than one year17€13k€7k▼
Financial debts170/4€13k€7k▼
Amounts payable within one year42/48€209k€130k▼
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€15k€25k▲
Suppliers440/4€15k€25k▲
Taxes, remuneration and social security45€47k€91k▲
Taxes450/3€18k€53k▲
Remuneration and social security454/9€28k€38k▲
Other amounts payable47/48€141k€8k▼
Accrued charges and deferred income492/3€403-
Income statement
Code20242025
Non-recurring operating income76A-€3k
Remuneration, social security and pensions62€314k€309k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€54k▲
Other operating charges640/8€4k€3k▼
Non-recurring operating charges66A-€12k
Gross operating margin9900€542k€705k▲
Operating profit (loss)9901€189k€327k▲
Financial income75/76B€31k€10k▼
Recurring financial income75€31k€10k▼
Financial charges65/66B€550€2k▲
Recurring financial charges65€550€2k▲
Profit (loss) for the period before taxes9903€219k€335k▲
Income taxes67/77€68k€110k▲
Profit (loss) for the period9904€151k€224k▲
Profit (loss) for the period to be appropriated9905€151k€224k▲
Appropriation of the result
Profit (loss) to be appropriated9906€295k€368k▲
Profit (loss) brought forward from the previous period14P€144k€144k=
Transfer from equity791/2€128k-
Transfer to equity691/2€151k€224k▲
To other reserves6921€151k€224k▲
Profit to be distributed694/7€128k-
Return on contributions (dividend)694€128k-
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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €224k ▲48.4%
Operating result €327k, net result €224k, both a record.
31-12
Financial
Equity above €1MEq €1.00M ▲28.9%
8 profitable years in a row build equity to €1.00M.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €86k ▼36.6%
Net result drops to €86k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €500kEq €512k ▲33.3%
2 profitable years in a row build equity to €512k.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
20-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 51 days late
2017
13-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 44 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Seraing · 1 establishment unit since 2003
Ground area
249 m²
Building footprint
110 m²
Volume, LiDAR
982 m³
Parcel 62354C0032/00P002, Wallonia · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
FINAPRO
since 20032.115.229.807
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62354C0032/00P002 | Wallonia | 249 m² | 1 · 110 m² | 10.2 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.
Similar companies · same sector, comparable size
ELNIMOU
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PATTYMO
BE 0870.700.605
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HIGH CONCEPT
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Stockvelde
BE 0427.017.457
Brugge · Eq €1,006,104
K.G.-PROJECTS
BE 0415.684.194
Sint-Martens-Latem · Eq €1,006,376
Of 11,748 companies in sector 68310 we hold annual accounts for 6,905. 3,735 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)
Founded16-01-2002
Fiscal year end31-12
Activities, NACEBEL 2025
66191Agents and brokers in banking services
68310Real estate agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.