Ludwig Peeters
ActiveSummary
Ludwig Peeters has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €137k and a net result of €34k. Equity is shrinking by ~23.5% per year across the filed fiscal years. Its solvency ranks better than 50% of 7750 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▼-10
Solvency76▼-24
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 1.78; short-term debt: 48.9% and cash: 29.5% of total assets), and 49.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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
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
50.9%
Return on assets
12.7%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-03-2026, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
34 d early
2024
30 d early
2023
12 d early
2022
15 d early
2021
30 d early
2020
on the day
2019
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€137k▼ 37.6%
2024 · €219k
2018: €1.59M
2019: €541k
2020: €367k
2021: €362k
2022: €137k
2023: €173k
2024: €219k
2018 → 2025
Total assets
€269k▲ 21.6%
2024 · €221k
2018: €1.70M
2019: €2.02M
2020: €865k
2021: €925k
2022: €559k
2023: €564k
2024: €221k
2018 → 2025
Net result
€34k▼ 26.4%
2024 · €46k
2018: €166k
2019: €188k
2020: €145k
2021: €130k
2022: €116k
2023: €36k
2024: €46k
2018 → 2025
Working capital
€103k▼ 36.9%
2024 · €163k
2018: €1.43M
2019: €402k
2020: €244k
2021: €268k
2022: €14k
2023: €90k
2024: €163k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€362k-€137k▼ 62.2%€173k▲ 26.4%€219k▲ 26.7%€137k▼ 37.6%
Operating result€179k-€173k▼ 3.3%€61k▼ 64.6%€60k▼ 1.8%€50k▼ 16.8%
Net result€130k-€116k▼ 10.4%€36k▼ 68.9%€46k▲ 27.9%€34k▼ 26.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 17% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €269k
Fixed assets
€34k ▼ 40.5%
Current assets
€234k ▲ 43.7%
Equity and liabilities €269k
Equity
€137k ▼ 37.6%
Debt
€132k ▲ 7,665%
Debt's share of the balance-sheet total rises from 0.8% to 49.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€74k▼
2024 · €97k
Cash flow
€58k▼
2024 · €83k
Current ratio
1.78
Debt to equity
0.96▲
2024 · 0.01
ROE
24.9%▲
2024 · 21.1%
ROA
12.7%▼
2024 · 20.9%
Interest coverage
357.38▲
2024 · 209.05
Debt ≤ 1 year
€131k▲
2024 · €13
Income taxes
€17k▼
2024 · €23k
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 · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€221k€269k▲
Fixed assets21/28€58k€34k▼
Tangible fixed assets22/27€58k€34k▼
Land and buildings22€27k€18k▼
Furniture and vehicles24€31k€16k▼
Current assets29/58€163k€234k▲
Amounts receivable within one year40/41€48k€5k▼
Trade receivables40€15k€4k▼
Other amounts receivable41€33k€851▼
Current investments50/53-€150k
Cash at bank and in hand54/58€115k€79k▼
Equity and liabilities
Total equity and liabilities10/49€221k€269k▲
Equity10/15€219k€137k▼
Contributions10/11€19k€19k=
Reserves13€201k€118k▼
Distributable reserves133€201k€118k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€2k€132k▲
Amounts payable within one year42/48€13€131k▲
Trade debts44€13€209▲
Suppliers440/4€13€209▲
Advances received on contracts in progress46-€28
Taxes, remuneration and social security45€0€14k▲
Taxes450/3€0€14k▲
Other amounts payable47/48€0€117k▲
Accrued charges and deferred income492/3€2k€400▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€23k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€16k€2k▼
Gross operating margin9900€114k€76k▼
Operating profit (loss)9901€60k€50k▼
Financial income75/76B€9k€1k▼
Recurring financial income75€9k€1k▼
Financial charges65/66B€466€206▼
Recurring financial charges65€466€206▼
Profit (loss) for the period before taxes9903€69k€51k▼
Income taxes67/77€23k€17k▼
Profit (loss) for the period9904€46k€34k▼
Profit (loss) for the period to be appropriated9905€46k€34k▼
Appropriation of the result
Profit (loss) to be appropriated9906€46k€34k▼
Transfer from equity791/2-€116k
Transfer to equity691/2€46k€34k▼
To other reserves6921€46k€34k▼
Profit to be distributed694/7-€116k
Return on contributions (dividend)694-€116k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €34k ▼26.4%
Net result drops to €34k, the lowest in the series.
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Liquidity times 10127current ratio 12533.39
Current ratio from 1.24 to 12533.39; short-term debt falls from €380k to €13.
30-09
Financial
Equity above €200kEq €219k ▲26.7%
7 profitable years in a row build equity to €219k.
18-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Equity above €150kEq €173k ▲26.4%
6 profitable years in a row build equity to €173k.
15-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Highest result since 2018net €188k ▲13.2%
Net result €188k, the highest in the series.
Show earlier events
19-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
25-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Geel
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.
Langstraat 342440 GeelGround area
2,138 m²
Building footprint
263 m²
Volume, LiDAR
1,114 m³
Parcel 13374D0777/00E000, Flanders · tallest building 7.3 m, ±1 floor. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13374D0777/00E000 | Flanders | 2,137 m² | 1 · 263 m² | 7.3 m · 1 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.
Recognitions · licences · registrations
Legal Entity Identifier
549300N08VWD7DJ8ZH38
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GEODESK
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Excelsia
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VALLERO
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Activ'T
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Of 24,500 companies in sector 82990 we hold annual accounts for 9,404. 7,154 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
Founded29-01-1993
Fiscal year end30-09
Activities, NACEBEL 2025
82990Other business support services
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.