Equity
€139,496 ▼ 6.4%
K.S.E.A. PELLA paid out €10,000 in dividends. That is 1,877% of the 2025 profit.
K.S.E.A. PELLA
Lifetime
20 annual accounts with figures on one time axis, 26 filings since 2000Gross marginpeak €262,059 (2018)
€4,808▲ 2.6%
Resultlowest -€6,123 (2006)
€533▲ 37.7%
Equitypeak €158,576 (2023)
€139,496▼ 6.4%
Debts
€14,352▼ 2.2%
Board1 name since 2021
1 directorKiriakos TSITIRIDIS
Documentsfilings and deeds
29-07-20262 days before the deadline
2025abbreviated format
Result from €387 to €533Dividend €10,000
Key points
from the 2025 annual accountsChecked score
90
Excellent
Financially stronger than 51% of micro companies without a NACE code
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025lowest value
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.2%▲ +0.1 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.3%▲ +0.1 percentage points vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026highest value
08-2026: 0.2%▼ -0.1 percentage points vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 9.07, cash €3,948
lowers risk
Size: total assets €153,848
Founded in 1999
Figures for financial year 2025 (filed on 29-07-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 81% of them on solvency, 48% on liquidity, 47% on profitability and 29% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 17,041 companies had the same profile as K.S.E.A. PELLA has now. Each dot stands for 43 companies, two years later.
94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of K.S.E.A. PELLA itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,041 companies, not a prediction for K.S.E.A. PELLA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €12,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 9.07 (9.34 in 2024), above the usual 1.5. Short-term debt is 9.3% and cash 2.6% of total assets. 9.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 days early
2024
8 days late
2023
14 days late
2022
30 days late
2021
31 days late
2020
13 days late
2019
14 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average 15 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 15 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Change of role: Kiriakos TSITIRIDIS, from manager to director
Director discharge: Kiriakos TSITIRIDIS · Gazette deed
First establishment
Marche, Rue du Manoir 7, Marche-en-Famenne
Incorporation
published on 07-12-1999 · Gazette deed
Official details
Source: KBO- Status
- Active since 26-11-1999Normal situation
- Activity
- “La Société a pour objet,tant en Belgique qu=à l=étranger,la réalisation,pour son propre compte,de toutes…” (deed in French)From the articles, 3 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.093.711.2476900 Marche-en-Famenne, since 21-03-2000
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- Total assets
- €153,848▼ 6.0%
- Filing
- Filed on 29-07-2026, 2 days before the end of the filing period
Insights on K.S.E.A. PELLA
K.S.E.A. PELLA files the abbreviated format. That format states no turnover. The gross margin fell from €17,654 in 2006 to €4,808 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about K.S.E.A. PELLA
- What is the company number of K.S.E.A. PELLA?
- The company number of K.S.E.A. PELLA is 0467.632.644. The VAT number is the same number with BE in front: BE 0467.632.644.
- Where is K.S.E.A. PELLA based?
- The registered office is at Marche, Rue du Manoir 7, 6900 Marche-en-Famenne.Company details
- What is the legal form of K.S.E.A. PELLA?
- K.S.E.A. PELLA is a private limited company (BV).
- When was K.S.E.A. PELLA founded?
- K.S.E.A. PELLA was founded on 26-11-1999.
- Is K.S.E.A. PELLA still active?
- Yes, K.S.E.A. PELLA is an active enterprise in the KBO register.
- What is the turnover of K.S.E.A. PELLA?
- The turnover in financial year 2025 is ≈ €32,000. This figure is estimated from the gross margin of €4,808 and 2,711 comparable companies of the same size. It probably lies between €14,000 and €81,000. It is a rough estimate.Financials
- Is K.S.E.A. PELLA profitable?
- In financial year 2025, K.S.E.A. PELLA made a profit of €533.
- Where can I find the annual accounts of K.S.E.A. PELLA?
- K.S.E.A. PELLA filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of K.S.E.A. PELLA due?
- K.S.E.A. PELLA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.