PETAR G. PENCHEV
ActiveSummary
The computed 12-month bankruptcy probability of PETAR G. PENCHEV is 5.6% (elevated). For PETAR G. PENCHEV, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €44k and a net result of €6k. Equity is growing by ~32.3% per year across the filed fiscal years. Its solvency ranks better than 61% of 33677 sector peers (fiscal year 2023). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability55▼-45
Solvency80▼-12
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
5.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2023Solvency, return and age of the figures
Solvency
55.2%
Return on assets
7.2%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-12-2024, 153 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
153 d late
2022
253 d late
2020
61 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€44k▲ 14.9%
2022 · €38k
2020: €7k
2022: €38k
2020 → 2023
Total assets
€79k▲ 40.0%
2022 · €57k
2020: €9k
2022: €57k
2020 → 2023
Net result
€6k▼ 65.9%
2022 · €17k
2020: €7k
2022: €17k
2020 → 2023
Working capital
€44k▲ 14.9%
2022 · €38k
2020: €7k
2022: €38k
2020 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202020222023Trend
Equity€7k-€38k▲ 454%€44k▲ 14.9%
Operating result€9k-€21k▲ 140%€19k▼ 9.5%
Net result€7k-€17k▲ 142%€6k▼ 65.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 9% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €79k
Equity
€44k ▲ 14.9%
Debt
€35k ▲ 91.7%
Debt's share of the balance-sheet total rises from 32.7% to 44.8%. Equity and debt are higher.
Key figures and ratios
Current ratio
2.23▼
2022 · 3.06
Debt to equity
0.81▲
2022 · 0.49
ROE
13.0%▼
2022 · 43.7%
ROA
7.2%▼
2022 · 29.4%
Debt ≤ 1 year
€35k▲
2022 · €19k
Income taxes
€14k▲
2022 · €5k
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 · 2023 against 2022 · 34 lines
Balance sheet
Code20222023
Assets
Total assets20/58€57k€79k▲
Current assets29/58€57k€79k▲
Amounts receivable after more than one year29€10k€10k=
Other amounts receivable291€10k€10k=
Amounts receivable within one year40/41€44k€66k▲
Trade receivables40€12k€15k▲
Other amounts receivable41€32k€51k▲
Current investments50/53-€678
Cash at bank and in hand54/58€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€57k€79k▲
Equity10/15€38k€44k▲
Contributions10/11€0-
Capital10€0-
Issued capital100€1-
Uncalled capital101€1-
Profit (loss) carried forward14€38k€44k▲
Amounts payable17/49€19k€35k▲
Amounts payable within one year42/48€19k€35k▲
Trade debts44€5k€9k▲
Suppliers440/4€5k€9k▲
Taxes, remuneration and social security45€13k€27k▲
Taxes450/3€13k€27k▲
Income statement
Code20222023
Other operating charges640/8-€171
Non-recurring operating charges66A€4k€2k▼
Gross operating margin9900€25k€21k▼
Operating profit (loss)9901€21k€19k▼
Financial charges65/66B€87€0▼
Recurring financial charges65€87€0▼
Profit (loss) for the period before taxes9903€21k€19k▼
Income taxes67/77€5k€14k▲
Profit (loss) for the period9904€17k€6k▼
Profit (loss) for the period to be appropriated9905€17k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€38k€44k▲
Profit (loss) brought forward from the previous period14P€21k€38k▲
Timeline · acts, filings and financial milestones
2024
31-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 153 days late
09-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 253 days late
2023
31-12
Financial
Weakest financial yearnet €6k ▼65.9%
Net result drops to €6k, the lowest in the series.
2022
31-12
Financial
Highest result since 2020net €17k ▲142%
Operating result €21k, net result €17k, both a record.
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Anderlecht · 1 establishment unit since 2020
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.
Marius Renardlaan 491070 AnderlechtGround area
1,031 m²
Building footprint
337 m²
Volume, LiDAR
12,483 m³
Parcel 21308H0297/00D000, Brussels · tallest building 39.7 m, ±12 floors. Linked by address, not a title deed.
1 establishment unit
Marius Renardlaan 49, 1070 Anderlecht
since 20202.305.654.465
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21308H0297/00D000 | Brussels | 1,031 m² | 1 · 337 m² | 39.7 m · 12 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
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BE 0849.744.348
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DINA CONSTRUCT
BE 0682.814.672
Grez-Doiceau · Eq €43,774
TIMMARK
BE 0658.808.855
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JACKY GLASS
BE 0643.709.915
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Goossens Technieken bv
BE 0763.806.506
Sint-Lievens-Houtem · Eq €44,205
Of 4,097 companies in sector 43240 we hold annual accounts for 1,632. 1,315 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
Founded15-05-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43240Other construction installation
43222Installation of electric heating, air conditioning, cooling and ventilation
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.