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Design for pets

Active
Private limited companyfounded 20224 yrs activeTieltsesteenweg 36B, 9900 Eeklo, BelgiumKBO/BCE: BE 0789.797.160
Summary

The computed 12-month bankruptcy probability of Design for pets is 4.0% (moderate). The 2025 annual accounts show negative equity (-€110,406) and a net result of -€19,141. Equity is shrinking by ~28% per year across the filed fiscal years. Its solvency ranks better than 5% of 18973 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

What they do
Other non-specialised retail sale
NACE 47120Intermediation services for non-specialised retail NACE 47910
1 site
How big
€21,929total assets 2025
Equity
-€110,406
Loss
-€19,141
Turnover not published (abridged schema)
Financially healthy?
25 Weak Checked score 2025
Bankruptcy chance 12 m
4.0%
Who decides
Accounts 80 d early1 of 2 deeds read
Why 25- Limited track record- Annual accounts: weaker financial profile- Higher-failure-rate sector- Negative equityLatest accounts filed on timeShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth58=
Track record94
Bankruptcy probability, 12 months
4.0% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.16 against 0.25 in 2024; short-term debt: 566.7% and cash: 50.2% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
-503.5%
Return on assets
-87.3%
Age of the figures
9 mo
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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
232425
2023 to 2025 · latest year -€110,406
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 12-05-2026, 80 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
80 d early
2024
1 d late
2023
69 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 3 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

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. Usually files around 1 August (3 of the last 3 filed years within 81 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Registered officeRegistered-office move
  2. Annual accounts filedfiscal year 2025 · micro…
  3. Annual accounts filedfiscal year 2024 · micro…

Financials

Fiscal year 2025Total assets €21,929Loss -€19,141Solvency -503.5%Liquidity 0.16
Total assets
€21,929▼ 41.7%
2023 - 2025
Net result
-€19,141▲ 40.0%
2023 - 2025
Equity
-€110,406▼ 21.0%
2023 - 2025
Solvency
-503.5%▼ 260.7pp
2023 - 2025

Financials · fiscal year 2025, micro schema

Trend over the years3 fiscal years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result-€75,977--€26,878▲ 64.6%-€14,086▲ 47.6%
Net result-€79,384below the sector's middle half--€31,880below the sector's middle half▲ 59.8%-€19,141below the sector's middle half▲ 40.0%
Equity-€59,384below the sector's middle half--€91,264below the sector's middle half▼ 53.7%-€110,406below the sector's middle half▼ 21.0%
Total assets€43,014below the sector's middle half-€37,587below the sector's middle half▼ 12.6%€21,929below the sector's middle half▼ 41.7%
Debt€102,398-€128,851▲ 25.8%€132,334▲ 2.7%
Working capital-€70,356below the sector's middle half--€93,265below the sector's middle half▼ 32.6%-€104,805below the sector's middle half▼ 12.4%
Solvency-138.1%below the sector's middle half--242.8%below the sector's middle half▼ 104.7pp-503.5%below the sector's middle half▼ 260.7pp
Current ratio0.30below the sector's middle half-0.25below the sector's middle half▼ 0.050.16below the sector's middle half▼ 0.09
Return on assets (ROA)-184.6%below the sector's middle half--84.8%below the sector's middle half▲ 99.7pp-87.3%below the sector's middle half▼ 2.5pp
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet2025
Result per fiscal year
Operating resultNet result
-€80,000-€60,000-€40,000-€20,000€0Operating result 2023: -€75,977-€75,977Net result 2023: -€79,384-€79,384Operating result 2024: -€26,878-€26,878Net result 2024: -€31,880-€31,880Operating result 2025: -€14,086-€14,086Net result 2025: -€19,141-€19,141202320242025-€80,000-€60,000-€40,000-€20,000€0Operating result 2023: -€75,977Net result 2023: -€79,384-€79,400Operating result 2024: -€26,878Net result 2024: -€31,880-€31,900Operating result 2025: -€14,086-€14,100Net result 2025: -€19,141-€19,100202320242025
The operating result stays negative: a loss of €14,086 in 2025 against €26,878 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €21,929
Fixed assets €2,466 ▼ 64.4%
Current assets €19,463 ▼ 36.5%
Equity and liabilities
Equity-€110,406
Debt€132,334
Equity is negative: debt (€132,334) exceeds the balance-sheet total (€21,929).
Key figures and ratios2025
Key figures and ratios
2025 value · change against 2024
EBITDA
-€9,632▲
2024 · -€20,699
Cash flow
-€14,688▲
2024 · -€25,701
Quick ratio
0.09▼
2024 · 0.15
Interest coverage
-1.89▲
2024 · -4.13
Debt ≤ 1 year
€124,268▲
2024 · €123,934
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.9% went bankrupt
5.6% stopped otherwise
85% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 4.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,638 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Filed annual accountsfiscal year 2025
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€37,587€21,929▼
Fixed assets21/28€6,919€2,466▼
Intangible fixed assets21€5,450€1,555▼
Tangible fixed assets22/27€1,468€910▼
Plant, machinery and equipment23€1,468€910▼
Current assets29/58€30,668€19,463▼
Stocks and contracts in progress3€12,093€8,110▼
Stocks30/36€12,093€8,110▼
Amounts receivable within one year40/41-€345
Trade receivables40-€345
Cash at bank and in hand54/58€18,575€11,008▼
Equity and liabilities
Total equity and liabilities10/49€37,587€21,929▼
Equity10/15-€91,264-€110,406▼
Contributions10/11€20,000€20,000=
Capital10-€20,000
Issued capital100-€20,000
Profit (loss) carried forward14-€111,264-€130,406▼
Amounts payable17/49€128,851€132,334▲
Amounts payable within one year42/48€123,934€124,268▲
Trade debts44€17,289€16,930▼
Suppliers440/4€17,289€16,930▼
Taxes, remuneration and social security45€1,645€2,339▲
Taxes450/3€1,645€2,339▲
Other amounts payable47/48€105,000€105,000=
Accrued charges and deferred income492/3€4,918€8,066▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,179€4,453▼
Other operating charges640/8€422€825▲
Gross operating margin9900-€20,278-€8,808▲
Operating profit (loss)9901-€26,878-€14,086▲
Financial income75/76B€6€42▲
Recurring financial income75€6€42▲
Financial charges65/66B€5,007€5,098▲
Recurring financial charges65€5,007€5,098▲
Profit (loss) for the period before taxes9903-€31,880-€19,141▲
Profit (loss) for the period9904-€31,880-€19,141▲
Profit (loss) for the period to be appropriated9905-€31,880-€19,141▲
Appropriation of the result
Profit (loss) to be appropriated9906-€111,264-€130,406▼
Profit (loss) brought forward from the previous period14P-€79,384-€111,264▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,465€6,179€4,453▼ 27.9%
Other operating charges640/8€281€422€825▲ 95.7%
Non-recurring operating charges66A€500---
Gross operating margin9900-€66,732-€20,278-€8,808▲ 56.6%
Operating profit (loss)9901-€75,977-€26,878-€14,086▲ 47.6%
Financial income75/76B€0€6€42▲ 653%
Recurring financial income75€0€6€42▲ 653%
Financial charges65/66B€3,407€5,007€5,098▲ 1.8%
Recurring financial charges65€3,407€5,007€5,098▲ 1.8%
Profit (loss) for the period before taxes9903-€79,384-€31,880-€19,141▲ 40.0%
Profit (loss) for the period9904-€79,384-€31,880-€19,141▲ 40.0%
Profit (loss) for the period to be appropriated9905-€79,384-€31,880-€19,141▲ 40.0%
Line202320242025Change
Assets
Total assets20/58€43,014€37,587€21,929▼ 41.7%
Fixed assets21/28€13,098€6,919€2,466▼ 64.4%
Intangible fixed assets21€11,071€5,450€1,555▼ 71.5%
Tangible fixed assets22/27€2,027€1,468€910▼ 38.0%
Plant, machinery and equipment23€2,027€1,468€910▼ 38.0%
Current assets29/58€29,916€30,668€19,463▼ 36.5%
Stocks and contracts in progress3€15,247€12,093€8,110▼ 32.9%
Stocks30/36€15,247€12,093€8,110▼ 32.9%
Amounts receivable within one year40/41€1,791-€345-
Trade receivables40€1,791-€345-
Cash at bank and in hand54/58€12,878€18,575€11,008▼ 40.7%
Equity and liabilities
Total equity and liabilities10/49€43,014€37,587€21,929▼ 41.7%
Equity10/15-€59,384-€91,264-€110,406▼ 21.0%
Contributions10/11€20,000€20,000€20,000=
Capital10--€20,000-
Issued capital100--€20,000-
Profit (loss) carried forward14-€79,384-€111,264-€130,406▼ 17.2%
Amounts payable17/49€102,398€128,851€132,334▲ 2.7%
Amounts payable within one year42/48€100,272€123,934€124,268▲ 0.3%
Trade debts44€19,289€17,289€16,930▼ 2.1%
Suppliers440/4€19,289€17,289€16,930▼ 2.1%
Taxes, remuneration and social security45€984€1,645€2,339▲ 42.2%
Taxes450/3€984€1,645€2,339▲ 42.2%
Other amounts payable47/48€80,000€105,000€105,000=
Accrued charges and deferred income492/3€2,126€4,918€8,066▲ 64.0%
Line202320242025Change
Profit (loss) for the period9904-€79,384-€31,880-€19,141▲ 40.0%
+ Depreciation and write-downs630€8,465€6,179€4,453▼ 27.9%
Operating cash flow (approximation)-€70,920-€25,701-€14,688▲ 42.8%
Investment in fixed assets (approximation)-€0€0-
Change in cash-€5,697-€7,568▼ 233%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Comparable companies5

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 12,927 companies in this sector we hold annual accounts for 2,195. See the whole sector

Timeline

4 eventsLatest 16-07-2026Next filing 31-07-2027

History

On 19 August 2022, Design for pets was incorporated as a Private limited company.1 In 2026 the registered office moved to Eeklo.2 Total assets went from €43,014 in 2023 to €21,929 in 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 16-07-2026
  3. 3National Bank, annual accounts 2023 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
16-07
State Gazette act Registered office
Registered-office move3 facts ▸
  • Board meeting, 07-07-2026
  • Registered-office move, Tieltsesteenweg 36B bus 0203, 9900 Eeklo
  • Other statement, publicatienummer, 26346242
12-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
01-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 1 day late
2024
08-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 69 days late
State Gazette actNBB filing
1 of 2 acts read
About the unread acts

Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Company details

Private limited company · founded 19-08-2022Year ends 31-12Peppol reachable1 site

Register details

Identification
Legal formPrivate limited company
Founded19-08-2022
Fiscal year end31-12
Activities, NACEBEL 2025
47120Other non-specialised retail sale
E-invoicing
Reachable via Peppol
Peppol ID 0208:0789797160
Registered 19-02-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Eeklo · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
3,320 m²
Building footprint
668 m²
Parcel 43352E1600/00Z002, Flanders. Linked by address, not a title deed.
1 establishment unit
Design For Pets
Tieltsesteenweg 36B, 9900 EekloRetail trade
since 2022unit no. 2.334.443.075
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
43352E1600/00Z002 Flanders 3,320 m² 1 · 668 m² -
Linked by address, not proof of ownership
Good to know
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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