Peace Land
Peace Land is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €7k and a net result of €-500. Equity is shrinking by ~32.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 24% of 3146 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €7k |
| Net result | €-500 |
| Better than sector | 24% |
| Active | 4 yrs |
Mixed profile: strong on stability, weaker on profitability.
Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 19.3% | 52.5% | |
| Net result | €-500 | €32k | |
| Equity | €7k | €75k | |
| Gross operating margin | €-500 | €52k | |
| Total assets | €38k | €192k |
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €-500 |
| Cash flow | n/a |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €38k |
| Equity | €7k |
| Debt | €30k |
| of which ≤ 1y | €30k |
| of which > 1y | - |
| Working capital | n/a |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 19.3% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | -1.3% |
| ROE | -6.9% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
Full annual accounts (17 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €38k |
| Current assets | 29/58 | €38k |
| Stocks & contracts in progress | 3 | €11k |
| Amounts receivable within one year | 40/41 | €27k |
| Cash & bank | 54/58 | €1 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €38k |
| Equity | 10/15 | €7k |
| Contributions / capital | 10/11 | €54k |
| Accumulated profits (losses) | 14 | €-46k |
| Amounts payable | 17/49 | €30k |
| Amounts payable within one year | 42/48 | €30k |
| Trade debts payable within one year | 44 | €4k |
| Income statement | ||
| Gross operating margin | 9900 | €-500 |
| Operating result | 9901 | €-500 |
| Result before taxes | 9903 | €-500 |
| Net result for the period | 9904 | €-500 |
| Result to be appropriated | 9905 | €-500 |
Former directors (1)
-
VAN LINT Gilles François FernandDirectorState Gazette act 26324532 (16-04-2026)Former- → 16-04-2026
| NACE primary | Activiteiten van holdings(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 21-01-2022 |
| Status | Active |
| Postal code | 1170 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21017D0214/00F000 | Brussels | 1.4 ha | 1 · 398 m² | 40.7 m · 12 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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.
11-06-2026 General meeting · Statute amendment · Officer resignation · Power of attorney
- Filing: 2026-06-04 · Peace Land
- General meeting: 2026-03-17 · Peace Land
- Statute amendment: traduction et adoption de nouveaux statuts · Peace Land
- Officer resignation: administrateur · VAN LINT Gilles François Fernand
- Power of attorney: établir et signer la coordination des statuts, et assurer son dépôt · Peace Land
- Incorporation: 2022-01-18 · Peace Land
- Registration event: 2022-01-31 · Peace Land
- Share distribution: type: actions nominatives, number: 100 · Peace Land
- Annual meeting schedule: dernier vendredi du mois de mai à 10 heures · Peace Land
- First fiscal year: end: 31-12, start: 01-01 · Peace Land
- Representation rule: Chaque administrateur représente la société à l'égard des tiers et en justice · Peace Land
- Governance rule: L'organe d'administration a compétence pour interpréter l'objet social. · Peace Land
- Purpose: tant en Belgique qu'à l'étranger, pour compte propre ou compte de tiers ou participation avec ceux-ci : - Accomplir toutes les opérations de commerce générale en Belgique et à l'étranger; en - Accomplir toutes les opérations de prospection, de recherche et d'exploitation agricole, élevage et pêche, Pisciculture, Apiculture; Accomplir toutes les opérations de prospection, de recherche et transformation de produits dérivés d'agriculture, d'élevage, de pêche, de pisciculture, d'apiculture et autres
- Publication: 2026-06-11
- Act object: L'an deux mil vingt-six
Technical details
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}16-04-2026 Act object · General meeting · Incorporation · Company name
- Act object: BENAMING, MAATSCHAPPELIJKE ZETEL, ONTSLAGEN, BENOEMINGEN · Peace Land
- Filing: 2026-04-14 · Peace Land
- Publication: 2026-04-16 · Peace Land
- General meeting: 2026-03-17 · Peace Land
- Incorporation: 2022-01-18 · Peace Land
- Company name: new_name: Peace Land Group, old_name: Peace Land, new_name_short: PLG · Peace Land
- Registered seat: new_address: Avenue des Gerfauts 10, boîte 34, 1170 Watermael-Boitsfort, old_address: Foksveldstraat 19, 1745 Opwijk · Peace Land
- Officer resignation: 2026-03-17 · VAN LINT Gilles François Fernand
- Power of attorney: statuten aan te passen en de gelijkvormige coördinatie neer te leggen · Simon WETS
- Share distribution: shares: 100 · RUBANGO Nyangezi David
Technical details
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}| Legal nameFR | Peace Land Group |
| Legal nameNL | Peace Land |
| AbbreviationFR | PLG |