Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
The micro format states no turnover.
Of this, €34,384 falls due within a year.
Short-term debts rose from €32,121 to €34,384.
The 2025 accounts came 18 days late. The other three were filed on time.
Lower solvency than 82% of companies in rental and leasing. Sector median 30.3% · 2,058 companies.
In July 2024, 2,182 companies had the same profile as P.E. LOGISTICS has now. Each dot stands for 6 companies, two years later.
Another 0.5% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 2,182 companies, not a prediction for P.E. LOGISTICS. 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.
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.
| Company | ||||
|---|---|---|---|---|
| P.E. LOGISTICS Kasterlee | €31,821 | €17,208 | -18.3% | - |
| Kattenberg Verhuur Antwerp | €51,955 | €25,865 | 21.9% | - |
| NO-LAG SERVICES Lint | €23,144 | €12,765 | 58.9% | - |
| EcoCurrus Soignies | €45,959 | €22,053 | 1.6% | - |
| wheels2rent Hasselt | €48,640 | €14,047 | 20.7% | - |
| My UNIA Brussels | €42,805 | €31,440 | 7.6% | - |
| MYDONKEY VAN Etterbeek | €21,553 | €22,034 | -255.1% | - |
These companies have the same main activity as P.E. LOGISTICS: renting and leasing of cars and light motor vehicles (NACE 77110). They are comparable in size and age: total assets between €21,600 and €52,000, founded between 2020 and 2023.
P.E. LOGISTICS files the micro format. That format states no turnover. The gross margin rose from -€1,974 in 2022 to €17,208 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €50,000. Estimated: probably between €38,000 and €100,000.
Higher than 18% of 2,058 companies in 2025.
Higher than 43% of 1,958 companies in 2025.
Higher than 95% of 1,981 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
31,821 | 21,947 | 32,582 | 59,424 | |
21/28 |
1,577 | 18,283 | 26,453 | 46,615 | |
22/27 |
1,577 | 18,283 | 26,453 | 46,615 | |
23 |
1,577 | 2,647 | 3,717 | 4,787 | |
24 |
0 | 15,636 | 22,736 | 41,828 | |
29/58 |
30,244 | 3,664 | 6,129 | 12,809 | |
40/41 |
830 | 960 | 4,947 | 5,955 | |
40 |
- | 0 | 3,896 | 5,075 | |
41 |
830 | 960 | 1,051 | 880 | |
54/58 |
29,413 | 2,704 | 340 | 6,319 | |
490/1 |
- | 0 | 841 | 535 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
31,821 | 21,947 | 32,582 | 59,424 | |
10/15 |
-5,832 | -19,810 | -8,722 | -12,277 | |
10/11 |
1,000 | 1,000 | 1,000 | 1,000 | |
14 |
-6,832 | -20,810 | -9,722 | -13,277 | |
17/49 |
37,653 | 41,757 | 41,304 | 71,701 | |
17 |
3,268 | 9,636 | 15,785 | 33,880 | |
170/4 |
3,268 | 9,636 | 15,785 | 33,880 | |
42/48 |
34,384 | 32,121 | 25,519 | 37,821 | |
42 |
6,368 | 6,149 | 5,938 | 18,755 | |
44 |
1,170 | 4,700 | 2,531 | 522 | |
440/4 |
1,170 | 4,700 | 2,531 | 522 | |
45 |
577 | - | 0 | 1,837 | |
450/3 |
577 | - | 0 | 1,837 | |
47/48 |
26,270 | 21,272 | 17,050 | 16,707 | |
| Income statement | |||||
9900 |
17,208 | -185 | 16,133 | -1,974 | |
630 |
1,070 | 8,170 | 8,170 | 9,235 | |
640/8 |
831 | 1,183 | 1,956 | 1,771 | |
9901 |
15,307 | -9,538 | 6,008 | -12,979 | |
75/76B |
- | 0 | 0 | - | |
75 |
- | 0 | 0 | - | |
65/66B |
1,329 | 1,550 | 2,453 | 297 | |
65 |
1,329 | 1,550 | 2,453 | 297 | |
9903 |
13,978 | -11,088 | 3,555 | -13,277 | |
9904 |
13,978 | -11,088 | 3,555 | -13,277 | |
9905 |
13,978 | -11,088 | 3,555 | -13,277 | |
| Appropriation of the result | |||||
9906 |
-6,832 | -20,810 | -9,722 | -13,277 | |
14P |
-20,810 | -9,722 | -13,277 | - | |
| Document | |||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 18-08-2026.
2025 annual accounts filed 18 days after the deadline. Filed on 18 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00404555.
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 16,377 | -1,368 | 14,178 | -3,745 | ||
| 15,048 | -2,918 | 11,725 | -4,042 | ||
| -15,636 | 0 | -11,992 | 55,850 | ||
| 26,709 | 2,364 | -5,978 | - | ||
| -4,141 | -28,457 | -19,390 | -25,012 | ||
| -18.3% | -90.3% | -26.8% | -20.7% | ||
| 0.88 | 0.11 | 0.24 | 0.34 | ||
| 43.9% | -50.5% | 10.9% | -22.3% | ||
| 12.32 | -0.88 | 5.78 | -12.59 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €55,850 |
| €1,070 | €8,170 | €8,170 | €9,235 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a profit of €15,307, after a loss of €9,538 in 2024. It is the highest result since 2022.
Equity is negative. Debt (€37,653) exceeds the balance-sheet total (€31,821).
P.E. LOGISTICS has no parent and no holdings in its annual accounts. is the only director.
via , no longer at · Director · deed of 02-01-2024 founded in 2008 |
6 FTE (2025) |
The network starts from the earlier ties.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Retiesebaan 131A-unit 6 registered office 2460 Kasterlee | ||
| Retiesebaan 131A 2460 Kasterlee | 21-10-2021 | 2.323.279.563 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 13017C0875/00A000 | 2.5 ha | 1 · 297 m² | 11.3 m · 2 |
| 13017C0365/00D000 | 3,609 m² | 1 · 1,325 m² | 8.8 m · 3 |
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