e-peas
ActiveSummary
e-peas has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €13.1m and a net result of -€4.4m. Equity is growing by ~21% per year across the filed fiscal years. Its solvency ranks better than 78% of 169 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
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Signals
This company filed its last 6 accounts on average on the deadline day; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (1)
History
On 9 December 2014, e-peas was incorporated.1 A capital increase in 2026 brought the capital to EUR 1 million.2 Société fédérale de Participations et d'Investissement/ Federale Participatie- en Investeringsmaatschappij has served as director of the company since 2026.2 Total assets went from EUR 5.7 million in 2018 to EUR 17 million in 2024 and headcount from 8.6 to 26.8 full-time equivalents.3
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Financials · fiscal year 2024, full schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 26, Manufacture of computer, electronic and optical products, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 376 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 91% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 376 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.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €8,603 | €0 | - | - | - |
| Remuneration, social security and pensions62 | - | €1.2m | €1.7m | €2.2m | €2.8m | ▲ 26.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €799,785 | €1.3m | €1.6m | €2.0m | €2.6m | ▲ 30.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €0 | - | - | - | - |
| Other operating charges640/8 | - | €8,568 | €6,151 | €20,608 | €31,035 | ▲ 50.6% |
| Non-recurring operating charges66A | - | - | - | €69,263 | €531,133 | ▲ 667% |
| Gross operating margin9900 | -€1.1m | €848,519 | -€1.1m | €1.7m | €829,420 | ▼ 51.0% |
| Operating profit (loss)9901 | -€3.1m | -€1.7m | -€4.4m | -€2.6m | -€5.2m | ▼ 97.1% |
| Financial income75/76B | - | €364,859 | €521,303 | €897,121 | €1.0m | ▲ 11.9% |
| Recurring financial income75 | €666,628 | €364,859 | €521,303 | €897,121 | €1.0m | ▲ 11.9% |
| Financial charges65/66B | - | €20,491 | €40,354 | €700,622 | €211,424 | ▼ 69.8% |
| Recurring financial charges65 | €28,207 | €20,491 | €40,354 | €700,622 | €211,424 | ▼ 69.8% |
| Profit (loss) for the period before taxes9903 | -€2.5m | -€1.3m | -€3.9m | -€2.4m | -€4.4m | ▼ 80.4% |
| Income taxes67/77 | €4,113 | €2,999 | €3,000 | €3,787 | €6,165 | ▲ 62.8% |
| Profit (loss) for the period9904 | -€2.5m | -€1.3m | -€3.9m | -€2.4m | -€4.4m | ▼ 80.4% |
| Profit (loss) for the period to be appropriated9905 | -€2.5m | -€1.3m | -€3.9m | -€2.4m | -€4.4m | ▼ 80.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €10.5m | €8.8m | €9.6m | €14.2m | €17.4m | ▲ 22.6% |
| Fixed assets21/28 | €3.7m | €5.2m | €5.9m | €6.8m | €7.2m | ▲ 5.9% |
| Intangible fixed assets21 | €2.8m | €4.4m | €5.1m | €6.2m | €6.6m | ▲ 7.1% |
| Tangible fixed assets22/27 | €808,232 | €706,700 | €614,391 | €474,906 | €435,986 | ▼ 8.2% |
| Plant, machinery and equipment23 | - | €489,143 | €369,996 | €219,018 | €121,085 | ▼ 44.7% |
| Furniture and vehicles24 | - | €168,607 | €204,086 | €207,157 | €276,654 | ▲ 33.5% |
| Other tangible fixed assets26 | - | €48,950 | €40,309 | €48,731 | €38,247 | ▼ 21.5% |
| Financial fixed assets28 | €109,146 | €113,326 | €113,326 | €113,326 | €113,326 | = |
| Current assets29/58 | €6.8m | €3.6m | €3.7m | €7.5m | €10.3m | ▲ 37.7% |
| Stocks and contracts in progress3 | €91,433 | €152,111 | €1.5m | €1.0m | €1.3m | ▲ 23.7% |
| Stocks30/36 | - | €152,111 | €1.5m | €1.0m | €1.3m | ▲ 23.7% |
| Amounts receivable within one year40/41 | €2.5m | €1.5m | €1.5m | €2.2m | €4.7m | ▲ 111% |
| Trade receivables40 | - | €326,362 | €871,985 | €929,656 | €2.1m | ▲ 124% |
| Other amounts receivable41 | - | €1.1m | €597,024 | €1.3m | €2.6m | ▲ 101% |
| Cash at bank and in hand54/58 | €4.0m | €1.9m | €653,857 | €4.0m | €3.8m | ▼ 4.9% |
| Deferred charges and accrued income490/1 | - | €91,854 | €78,429 | €157,051 | €452,218 | ▲ 188% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €10.5m | €8.8m | €9.6m | €14.2m | €17.4m | ▲ 22.6% |
| Equity10/15 | €8.7m | €7.1m | €3.2m | €9.0m | €13.1m | ▲ 45.4% |
| Contributions10/11 | €159,171 | €12.2m | €12.2m | €20.0m | €27.9m | ▲ 40.0% |
| Capital10 | - | €159,171 | €159,171 | €3.4m | €11.4m | ▲ 233% |
| Issued capital100 | - | €159,171 | €159,171 | €13.2m | €13.2m | = |
| Uncalled capital101 | - | - | - | €9.8m | €1.8m | ▼ 81.8% |
| Outside capital11 | - | €12.1m | €12.1m | €16.5m | €16.5m | = |
| Share premium1100/10 | - | €12.1m | €12.1m | €16.5m | €16.5m | = |
| Profit (loss) carried forward14 | -€5.5m | -€6.8m | -€10.7m | -€13.1m | -€17.5m | ▼ 33.4% |
| Investment grants15 | - | €1.6m | €1.7m | €2.2m | €2.7m | ▲ 22.9% |
| Amounts payable17/49 | €1.8m | €1.7m | €6.3m | €5.2m | €4.3m | ▼ 16.8% |
| Amounts payable after more than one year17 | €1.2m | €1.1m | €5.0m | €1.2m | €1.1m | ▼ 11.3% |
| Financial debts170/4 | - | €5,589 | €4.0m | €250,000 | €125,000 | ▼ 50.0% |
| Other amounts payable178/9 | - | €1.1m | €989,797 | €989,797 | €974,204 | ▼ 1.6% |
| Amounts payable within one year42/48 | €581,427 | €554,423 | €1.3m | €4.0m | €3.2m | ▼ 18.3% |
| Current portion of amounts payable after more than one year42 | - | €18,638 | €150,033 | €33 | €78,125 | ▲ 237,579% |
| Financial debts43 | - | - | - | €2.0m | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €2.0m | €0 | ▼ 100% |
| Trade debts44 | €371,154 | €419,655 | €952,507 | €1.7m | €2.9m | ▲ 66.5% |
| Suppliers440/4 | - | €419,655 | €952,507 | €1.7m | €2.9m | ▲ 66.5% |
| Taxes, remuneration and social security45 | - | €116,130 | €242,743 | €225,479 | €271,470 | ▲ 20.4% |
| Taxes450/3 | - | €2,952 | €12,117 | €7,256 | €7,020 | ▼ 3.3% |
| Remuneration and social security454/9 | - | €113,178 | €230,627 | €218,223 | €264,450 | ▲ 21.2% |
| Other amounts payable47/48 | - | €0 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | €7,568 | €7,568 | €16,035 | €7,568 | ▼ 52.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2.5m | -€1.3m | -€3.9m | -€2.4m | -€4.4m | ▼ 80.4% |
| + Depreciation and write-downs630 | €799,785 | €1.3m | €1.6m | €2.0m | €2.6m | ▲ 30.8% |
| Operating cash flow (approximation) | -€1.7m | -€38,369 | -€2.3m | -€439,478 | -€1.8m | ▼ 305% |
| Investment in fixed assets (approximation) | - | -€2.8m | -€2.3m | -€2.9m | -€3.0m | ▼ 4.7% |
| Change in cash | - | -€2.1m | -€1.2m | €3.4m | -€199,491 | ▼ 106% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
16-07
State Gazette act
Appointment: Société fédérale de Participations et d'Investissement/ Federale Participatie- en Investeringsmaatschappij (director)Permanent representative: VANDENBERGHE Alan · Capital increase · Share issue18 facts ▸
- General meeting, 30-06-2026
- Other statement, PREMIERE RESOLUTION:Rapports
- Other statement, DEUXIEME RESOLUTION:Renonciation à l'établissement du rapport d'émission
- Capital increase, €959.232,82
- Other statement, QUATRIEME RESOLUTION:Renonciation au droit de souscription préférentielle
- Share issue, F-1, 22763
- Other statement, SIXIEME RESOLUTION:Constatation de la réalisation de l'augmentation du capital
- Other statement, compte indisponible Primes d'émission
- Other statement, non-incorporation prime au capital
- Financial instrument, émission, rapport organe d'administration
- Other statement, NEUVIEME RESOLUTION:Renonciation au droit de souscription préférentielle
- Financial instrument, souscription, droit de souscription
- +6 further facts in this act
Show earlier events
About the unread acts
Of the 13 Belgian State Gazette acts we know for this company, 1 has been read. The other 12 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Board 1
Permanent representatives 1
Not every act has been read: a resignation may be missing here
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25386B0113/00C005 | Wallonia | 9,913 m² | 1 · 3,252 m² | - |
Linked by address, not proof of ownership
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Société fédérale de Participations et d'Investissement/ Federale Participatie- en Investeringsmaatschappij |
|
Articles of association
Structure & network
Owners and holdings
5 owners · 1 holdingOwners 5
-
12.61%
-
11.75%
-
1.86%
- 1.5%
- Sourceaccounts B2START 20250.41%
Holdings 1
-
100%
According to the 2024 annual accounts of e-peas and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
Capital and shareholders
- 16-07-2026 Capital increase of 959,232.82 EUR · to 1,020,732.82 EUR · 22,763 new shares · in cash
Public money · subsidies and aid
European Union, budget
2021 to 2024 · 4 entries · 2,738,355 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2024 | 1 | 188,668 EUR |
| 2023 | 2 | 2,500,000 EUR |
| 2021 | 1 | 49,687 EUR |
European research
4 projects · 1 as coordinator · 3,185,543 EUR EU contributionRecognitions · licences · registrations
Legal Entity Identifier
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.