ID PELLETS
ActiveSummary
ID PELLETS has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €69,561 and a net result of €52,576. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 17% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability84▲+51
Solvency41▲+7
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity tight (current ratio 1.15 against 1.0 in 2024; short-term debt: 80.5% and cash: 0.4% of total assets), and 84.2% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
15.8%
Return on assets
12%
Age of the figures
9 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 7838 sector peers (2025).
NBB · sector comparisonPosition among 7838 sector peers
Solvency
better than 17%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €69,561
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
29 d late
2023
113 d late
2022
4 d early
2021
33 d early
2020
36 d early
2019
91 d late
← 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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€69,561▲ 93.3%
2024 · €35,985
Total assets
€439,388▲ 11.0%
2024 · €395,773
Net result
€52,576
2024 · -€7,916
Working capital
€53,789
2024 · -€1,614
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€1,707▼ 82.9%€1,814▲ 6.3%-€29,024€1,894€61,287▲ 3,136%
Net result€1,589▼ 84.8%€8▼ 99.5%-€37,654-€7,916▲ 79.0%€52,576
Equity€81,548▲ 0.1%€81,556=€43,901▼ 46.2%€35,985▼ 18.0%€69,561▲ 93.3%
Total assets€306,849▲ 1.6%€377,813▲ 23.1%€400,091▲ 5.9%€395,773▼ 1.1%€439,388▲ 11.0%
Debt€225,301▲ 2.2%€296,257▲ 31.5%€356,189▲ 20.2%€359,788▲ 1.0%€369,827▲ 2.8%
Working capital€37,966▲ 12.5%€78,775▲ 107%-€6,641-€1,614▲ 75.7%€53,789
Staff (FTE)0.3
Turnover and EBIT margin not published: the abbreviated 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 3,136% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €439,388
Fixed assets
€31,783 ▼ 50.1%
Current assets
€407,606 ▲ 22.8%
Equity and liabilities €439,388
Equity
€69,561 ▲ 93.3%
Debt
€369,827 ▲ 2.8%
Debt's share of the balance-sheet total falls from 90.9% to 84.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€76,440▲
2024 · €19,985
Cash flow
€67,729▲
2024 · €10,175
Current ratio
1.15▲
2024 · 1.00
Debt to equity
5.32▼
2024 · 10.00
ROE
75.6%▲
2024 · -22.0%
ROA
12.0%▲
2024 · -2.0%
Interest coverage
9.11▲
2024 · 2.02
Debt ≤ 1 year
€353,817▲
2024 · €333,648
Debt > 1 year
€16,010▼
2024 · €26,140
Income taxes
€143
Staff costs
€3,997▼
2024 · €7,493
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €826 | €7,856 | €13,227 | - | - | - |
| Remuneration, social security and pensions62 | €17,409 | €24,526 | €2,735 | €7,493 | €3,997 | ▼ 46.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31,824 | €12,969 | €23,904 | €18,091 | €15,153 | ▼ 16.2% |
| Other operating charges640/8 | €1,883 | €2,338 | €1,385 | €2,040 | €1,336 | ▼ 34.5% |
| Non-recurring operating charges66A | - | - | - | €1,048 | €803 | ▼ 23.3% |
| Gross operating margin9900 | €52,822 | €41,646 | -€1,000 | €30,565 | €82,576 | ▲ 170% |
| Operating profit (loss)9901 | €1,707 | €1,814 | -€29,024 | €1,894 | €61,287 | ▲ 3,136% |
| Financial income75/76B | €1,818 | €2,509 | €0 | €67 | €1 | ▼ 98.2% |
| Recurring financial income75 | €1,818 | €2,509 | €0 | €67 | €1 | ▼ 98.2% |
| Financial charges65/66B | €1,402 | €1,898 | €8,495 | €9,877 | €8,569 | ▼ 13.2% |
| Recurring financial charges65 | €1,402 | €1,898 | €8,495 | €9,877 | €8,394 | ▼ 15.0% |
| Non-recurring financial charges66B | - | - | - | - | €175 | - |
| Profit (loss) for the period before taxes9903 | €2,123 | €2,424 | -€37,518 | -€7,916 | €52,719 | ▲ 766% |
| Income taxes67/77 | €534 | €2,416 | €136 | - | €143 | - |
| Profit (loss) for the period9904 | €1,589 | €8 | -€37,654 | -€7,916 | €52,576 | ▲ 764% |
| Profit (loss) for the period to be appropriated9905 | €1,589 | €8 | -€37,654 | -€7,916 | €52,576 | ▲ 764% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €306,849 | €377,813 | €400,091 | €395,773 | €439,388 | ▲ 11.0% |
| Fixed assets21/28 | €89,662 | €29,549 | €86,184 | €63,739 | €31,783 | ▼ 50.1% |
| Tangible fixed assets22/27 | €89,527 | €29,414 | €86,184 | €63,739 | €31,783 | ▼ 50.1% |
| Plant, machinery and equipment23 | €11,417 | €7,642 | €7,553 | €4,828 | €2,435 | ▼ 49.6% |
| Furniture and vehicles24 | €69,756 | €15,556 | €6,007 | €978 | €7,928 | ▲ 710% |
| Leasing and similar rights25 | - | - | €42,840 | €32,130 | €21,420 | ▼ 33.3% |
| Other tangible fixed assets26 | €8,353 | €6,216 | €29,783 | €25,803 | - | - |
| Financial fixed assets28 | €135 | €135 | - | - | - | - |
| Current assets29/58 | €217,187 | €348,264 | €313,907 | €332,034 | €407,606 | ▲ 22.8% |
| Stocks and contracts in progress3 | €53,125 | €114,330 | €99,460 | €98,500 | - | - |
| Stocks30/36 | €53,125 | €114,330 | €99,460 | €98,500 | - | - |
| Amounts receivable within one year40/41 | €128,274 | €227,410 | €209,200 | €219,714 | €404,323 | ▲ 84.0% |
| Trade receivables40 | €10,141 | €88,704 | €14,730 | €11,056 | €195,327 | ▲ 1,667% |
| Other amounts receivable41 | €118,133 | €138,706 | €194,470 | €208,658 | €208,996 | ▲ 0.2% |
| Cash at bank and in hand54/58 | €33,543 | €5,705 | €2,749 | €12,633 | €1,715 | ▼ 86.4% |
| Deferred charges and accrued income490/1 | €2,245 | €818 | €2,497 | €1,187 | €1,568 | ▲ 32.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €306,849 | €377,813 | €400,091 | €395,773 | €439,388 | ▲ 11.0% |
| Equity10/15 | €81,548 | €81,556 | €43,901 | €35,985 | €69,561 | ▲ 93.3% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €62,948 | €62,956 | €25,301 | €17,385 | €50,961 | ▲ 193% |
| Non-distributable reserves130/1 | €7,992 | €7,992 | €7,992 | - | - | - |
| Reserves not available under the articles1311 | €7,992 | €7,992 | €7,992 | - | - | - |
| Tax-exempt reserves132 | €17,306 | €17,306 | €17,306 | €17,306 | €17,306 | = |
| Distributable reserves133 | €37,650 | €37,658 | €3 | €79 | €33,655 | ▲ 42,255% |
| Amounts payable17/49 | €225,301 | €296,257 | €356,189 | €359,788 | €369,827 | ▲ 2.8% |
| Amounts payable after more than one year17 | €46,080 | €26,768 | €35,642 | €26,140 | €16,010 | ▼ 38.8% |
| Financial debts170/4 | €46,080 | €26,768 | €35,642 | €26,140 | €16,010 | ▼ 38.8% |
| Amounts payable within one year42/48 | €179,222 | €269,489 | €320,548 | €333,648 | €353,817 | ▲ 6.0% |
| Current portion of amounts payable after more than one year42 | €19,028 | €69,311 | €101,932 | €125,000 | €125,000 | = |
| Trade debts44 | €28,652 | €53,791 | €38,770 | €25,959 | €27,365 | ▲ 5.4% |
| Suppliers440/4 | €28,652 | €53,791 | €38,770 | €25,959 | €27,365 | ▲ 5.4% |
| Advances received on contracts in progress46 | €2,983 | - | €8,550 | €875 | - | - |
| Taxes, remuneration and social security45 | €2,762 | €8,116 | €5,578 | €4,125 | €5,325 | ▲ 29.1% |
| Taxes450/3 | €2,706 | €8,079 | €5,578 | €4,125 | €5,303 | ▲ 28.6% |
| Remuneration and social security454/9 | €55 | €36 | - | - | €22 | - |
| Other amounts payable47/48 | €125,797 | €138,271 | €165,718 | €177,689 | €196,127 | ▲ 10.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,589 | €8 | -€37,654 | -€7,916 | €52,576 | ▲ 764% |
| + Depreciation and write-downs630 | €31,824 | €12,969 | €23,904 | €18,091 | €15,153 | ▼ 16.2% |
| Operating cash flow (approximation) | €33,413 | €12,977 | -€13,750 | €10,175 | €67,729 | ▲ 566% |
| Investment in fixed assets (approximation) | - | €47,144 | -€80,540 | €4,354 | €16,803 | ▲ 286% |
| Change in cash | - | -€27,838 | -€2,956 | €9,883 | -€10,918 | ▼ 210% |
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
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €52,576
Net result €52,576 after 2 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
21-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 113 days late
2023
31-12
Financial
Weakest financial yearnet -€37,654
Net result drops to -€37,654, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Jabbeke · 1 establishment unit since 2013
Ground area
1,078 m²
Building footprint
227 m²
Volume, LiDAR
1,363 m³
2 parcels, Flanders · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
ID pellets
since 20132.224.930.372
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31012A0849/00Y000 | Flanders | 778 m² | 1 · 142 m² | 9.5 m · 2 fl. |
| 35014B0001/00D010indicative | Flanders | 300 m² | 1 · 84 m² | 10.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,534 companies in sector 43222 we hold annual accounts for 5,666. 4,776 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-12-2013
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
56210Event catering
Scores and ratios are computed by Checked and are not a credit decision.