Checked.be
Active
BE 0458.838.308Private limited company
PE-BA
Filliersdreef 32A ·9800 Deinze, Belgium· 29 yrs active
Sector: Renting and operating of own or leased non-residential real estate, excluding land
(68203)
Conclusion
PE-BA has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €899k and a net result of €3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 77% of 13655 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €899k |
| Net result | €3k |
| Better than sector | 77% |
| Active | 29 yrs |
Financial profile
61
/ 100
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
Health
56
Profitability
2
Solvency
67
Growth
78
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1996, 29 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
56
/ 100
Fair
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€50k
estimate, not credit advice
Score history
25
2020
61
2021
2
2023
64
2024
56
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 0.14 (< 1.0)
-10
Quick ratio
Quick ratio 0.14 (< 0.6)
-5
Leverage
Debt/equity 0.47 (< 1.0)
+10
Profitability
ROE 0%
+3
Interest coverage
Interest coverage 19.5× (≥ 3×)
+8
Profit trend
Net profit down YoY
-3
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 28-07-2026 with the NBB · fiscal year 2025 · micro schema
Sector comparison
Fiscal year 2025 · NACE 68, Real estate activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 67.7% | 29.8% | |
| Net result | €3k | €6k | |
| Equity | €899k | €78k | |
| Gross operating margin | €56k | €41k | |
| Total assets | €1.33M | €416k |
€51k
-9.9%
20-25
€3k
-58.4%
20-25
€50k
-8.5%
20-25
€1.33M
-2.5%
20-25
€899k
+0.4%
20-25
€-238k
+13.4%
20-25
€4k
-
20-25
€421k
-8.0%
20-25
€278k
-8.2%
20-25
€143k
-7.6%
20-25
0.14
+55.5%
20-25
0.14
+55.5%
20-25
67.7%
+3.0%
20-25
0.47
-8.4%
20-25
0.4%
-58.6%
20-25
0.3%
-57.3%
20-25
19.52
+13.8%
20-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2021 | 2020 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €51k | €57k | €463 | €115k | €32k |
| Net profit | €3k | €8k | €-58k | €66k | €-411k |
| Cash flow | €50k | €54k | €-6k | €101k | €-377k |
| Staff costs | - | - | - | - | - |
| Income taxes | - | - | €4k | - | - |
| Dividends | - | - | - | - | - |
| Total assets | €1.33M | €1.36M | €580k | €410k | €358k |
| Equity | €899k | €895k | €61k | €106k | €40k |
| Debt | €421k | €458k | €510k | €295k | €318k |
| of which ≤ 1y | €278k | €303k | €337k | €201k | €216k |
| of which > 1y | €143k | €154k | €172k | €94k | €102k |
| Working capital | €-238k | €-275k | €-307k | €-169k | €-187k |
| Employees (FTE) | - | - | - | - | - |
Ratios (computed)
| 2025 | 2024 | 2023 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Current ratio | 0.14 | 0.09 | 0.09 | 0.16 | 0.14 |
| Quick ratio | 0.14 | 0.09 | 0.09 | 0.16 | 0.14 |
| Working capital ratio | -18.0% | -20.2% | -52.9% | -41.3% | -52.3% |
| Solvency | 67.7% | 65.8% | 10.5% | 25.8% | 11.0% |
| Debt / equity | 0.47 | 0.51 | 8.34 | 2.80 | 2.57 |
| Long-term debt ratio | 0.16 | 0.17 | 2.82 | 0.89 | 2.57 |
| Interest coverage | 19.52 | 17.15 | 0.13 | 24.53 | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 0.3% | 0.6% | -10.0% | 16.1% | -114.8% |
| ROE | 0.4% | 0.9% | -94.7% | 62.6% | -1038.9% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (25 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €1.33M | €1.36M | €580k | €410k | €358k |
| Fixed assets | 21/28 | €1.29M | €1.33M | €549k | €378k | €328k |
| Tangible fixed assets | 22/27 | €1.29M | €1.33M | €549k | €378k | €328k |
| Financial fixed assets | 28 | - | - | - | - | €0 |
| Current assets | 29/58 | €40k | €28k | €30k | €32k | €29k |
| Amounts receivable within one year | 40/41 | €12k | €16k | €20k | €3k | €3k |
| Cash & bank | 54/58 | €29k | €12k | €10k | €29k | €27k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.33M | €1.36M | €580k | €410k | €358k |
| Equity | 10/15 | €899k | €895k | €61k | €106k | €40k |
| Contributions / capital | 10/11 | €62k | €62k | €62k | €62k | €0 |
| Reserves | 13 | €335k | €323k | €326k | €280k | €238k |
| Accumulated profits (losses) | 14 | €-399k | €-405k | €-417k | €-372k | €-411k |
| Provisions & deferred taxes | 16 | €7k | €8k | €9k | €9k | - |
| Amounts payable | 17/49 | €421k | €458k | €510k | €295k | €318k |
| Amounts payable after one year | 17 | €143k | €154k | €172k | €94k | €102k |
| Amounts payable within one year | 42/48 | €278k | €303k | €337k | €201k | €216k |
| Trade debts payable within one year | 44 | €4k | €4k | €8k | €968 | €0 |
| Income statement | ||||||
| Gross operating margin | 9900 | €56k | €62k | €6k | €119k | €37k |
| Operating result | 9901 | €5k | €11k | €-52k | €80k | €-838 |
| Financial income | 75 | €284 | - | - | - | - |
| Financial charges | 65 | €3k | €3k | €4k | €5k | €3k |
| Result before taxes | 9903 | €2k | €7k | €-55k | €75k | €-4k |
| Income taxes | 67/77 | - | - | €4k | - | - |
| Net result for the period | 9904 | €3k | €8k | €-58k | €66k | €-4k |
| Result to be appropriated | 9905 | €6k | €11k | €-55k | €39k | €-4k |
Directors & mandates
Current directors & mandates
-
BAUWENS PeterDirectorState Gazette act 22380781 (12-12-2022)Current01-01-2020 → present
Legal Structure
| NACE primary | Renting and operating of own or leased non-residential real estate, excluding land(68203) |
| Legal form | Private limited company(610) |
| Incorporation | 20-09-1996 |
| Status | Active |
| Postal code | 9800 |
Establishment units
BADHUIS O'PURE
since 19972.079.922.795
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44006C0395/00H000 | Flanders | 1.5 ha | 1 · 5,180 m² | 3.9 m |
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.
Updates
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
31-12
Financial
Equity above €500kEq €895k ▲1365%
Equity rises from €61k to €895k.
18-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 49 days late
2022
12-12
State Gazette act
Director changes
Thierry Devos
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 122 days late
2021
31-12
Financial
Back to profitnet €66k
Net result €66k after one loss-making year.
31-12
Financial
Equity above €100kEq €106k ▲167%
Equity rises from €40k to €106k.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
17-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 48 days late
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 58 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 61 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
All acts · 1
updated 3 years ago
2022
12-12-2022 BAUWENS Peter appointed as director
- BAUWENS Peter, Bestuurder
Notary:
Thierry Devos · Wervik
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "BAUWENS Peter",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "renewal",
"via_org": null,
"statutory": "niet_statutair",
"compensated": false,
"effective_date": "2020-01-01",
"evidence_quote": "De vergadering benoemt dan ook met terugwerkende kracht tot 1 januari 2020 de heer BAUWENS Peter, voornoemd, tot niet-statutair bestuurder voor onbepaalde duur.",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "retroactive"
}
],
"notary": {
"name": "Thierry Devos",
"firm_city": null,
"firm_name": null,
"office_city": "Wervik",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2022-12-12",
"filing_date": "2022-12-08",
"act_kind_objet": "WIJZIGING RECHTSVORM, ONTSLAGEN, BENOEMINGEN"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2022-12-30",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0458.838.308",
"name_full": "PE-BA",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Thierry Devos",
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [],
"corrected_publication_numac": null
}Credit advice
Company registry (CBE)
Activities
Renting and operating of own or leased non-residential real estate, excluding land68203
Names & trade names
| Legal nameNL | PE-BA |
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