PEACS
ActiveSummary
The annual accounts of PEACS for fiscal year 2025 show a net loss of 65% of the equity at the start of that year. The 2025 annual accounts show equity of €21,924 and a net result of -€75,023. Equity is shrinking by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 13% of 9557 sector peers (fiscal year 2025). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-73
Solvency32▼-24
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.43 against 0.86 in 2024; short-term debt: 54.3% and cash: 10.9% of total assets), and 93.2% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
6.8%
Return on assets
-23.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 9557 sector peers (2025).
NBB · sector comparisonPosition among 9557 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
2 d early
2023
29 d late
2022
52 d late
2021
10 d late
2020
27 d late
2019
39 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 15 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 27 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€75,023
2024 · €12,025
Working capital
-€100,929▼ 595%
2024 · -€14,512
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€54,885€30,946▼ 43.6%€20,319▼ 34.3%€22,062▲ 8.6%-€70,876
Net result€47,054above the sector's middle half€15,911within the sector's middle half▼ 66.2%€8,041within the sector's middle half▼ 49.5%€12,025within the sector's middle half▲ 49.5%-€75,023below the sector's middle half
Equity€115,022within the sector's middle half▲ 63.7%€128,893within the sector's middle half▲ 12.1%€134,910within the sector's middle half▲ 4.7%€114,897within the sector's middle half▼ 14.8%€21,924within the sector's middle half▼ 80.9%
Total assets€625,943above the sector's middle half▲ 37.8%€605,697above the sector's middle half▼ 3.2%€579,348above the sector's middle half▼ 4.4%€372,498within the sector's middle half▼ 35.7%€323,959above the sector's middle half▼ 13.0%
Debt€510,921▲ 33.0%€476,804▼ 6.7%€444,438▼ 6.8%€257,601▼ 42.0%€302,035▲ 17.2%
Working capital-€10,377below the sector's middle half▲ 75.0%€3,018below the sector's middle half€10,023within the sector's middle half▲ 232%-€14,512below the sector's middle half-€100,929below the sector's middle half▼ 595%
Solvency18.4%below the sector's middle half▲ 2.9pp21.3%below the sector's middle half▲ 2.9pp23.3%below the sector's middle half▲ 2.0pp30.8%within the sector's middle half▲ 7.6pp6.8%below the sector's middle half▼ 24.1pp
Current ratio0.96below the sector's middle half▲ 0.281.01below the sector's middle half▲ 0.051.04below the sector's middle half▲ 0.030.86below the sector's middle half▼ 0.170.43below the sector's middle half▼ 0.44
Return on assets (ROA)7.5%within the sector's middle half▲ 25.0pp2.6%within the sector's middle half▼ 4.9pp1.4%within the sector's middle half▼ 1.2pp3.2%within the sector's middle half▲ 1.8pp-23.2%below the sector's middle half▼ 26.4pp
Staff (FTE)3.81below the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €70,876 after €22,062 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €323,959
Fixed assets
€248,985 ▼ 11.0%
Current assets
€74,974 ▼ 19.0%
Equity and liabilities €323,959
Equity
€21,924 ▼ 80.9%
Debt
€302,035 ▲ 17.2%
Debt's share of the balance-sheet total rises from 69.2% to 93.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€38,896▼
2024 · €53,096
Cash flow
-€43,043▼
2024 · €43,059
Debt to equity
13.78▲
2024 · 2.24
ROE
-342.2%▼
2024 · 10.5%
Interest coverage
-5.58▼
2024 · 8.90
Debt ≤ 1 year
€175,903▲
2024 · €107,126
Debt > 1 year
€126,132▼
2024 · €150,475
Income taxes
€157▼
2024 · €6,112
Staff costs
€55,601▼
2024 · €119,596
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 541 companies that looked in July 2024 the way this one looks now, 4.4% went bankrupt within 24 months and 86% are still going.
- Micro
- 20 years or older
- solvency under 10%
- a loss of 10% of the balance sheet or more
4.4%
went bankrupt
8.5%
stopped otherwise
86%
still going
A further 1.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 541 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €23,462 | €18,852 | - | - | - | - |
| Remuneration, social security and pensions62 | €238,999 | €227,558 | €237,587 | €119,596 | €55,601 | ▼ 53.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €36,453 | €36,211 | €30,302 | €31,034 | €31,980 | ▲ 3.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€7,900 | - | - | €3,038 | - |
| Other operating charges640/8 | €5,301 | €6,454 | €6,129 | €9,569 | €8,628 | ▼ 9.8% |
| Gross operating margin9900 | €335,638 | €293,269 | €294,337 | €182,261 | €28,371 | ▼ 84.4% |
| Operating profit (loss)9901 | €54,885 | €30,946 | €20,319 | €22,062 | -€70,876 | ▼ 421% |
| Financial income75/76B | €3,336 | €2,246 | €2,499 | €2,039 | €2,978 | ▲ 46.1% |
| Recurring financial income75 | €3,336 | €2,246 | €2,499 | €2,039 | €2,978 | ▲ 46.1% |
| Financial charges65/66B | €7,747 | €10,555 | €10,025 | €5,964 | €6,968 | ▲ 16.8% |
| Recurring financial charges65 | €7,747 | €10,555 | €10,025 | €5,964 | €6,968 | ▲ 16.8% |
| Profit (loss) for the period before taxes9903 | €50,474 | €22,637 | €12,793 | €18,137 | -€74,866 | ▼ 513% |
| Income taxes67/77 | €3,420 | €6,726 | €4,752 | €6,112 | €157 | ▼ 97.4% |
| Profit (loss) for the period9904 | €47,054 | €15,911 | €8,041 | €12,025 | -€75,023 | ▼ 724% |
| Profit (loss) for the period to be appropriated9905 | €47,054 | €15,911 | €8,041 | €12,025 | -€75,023 | ▼ 724% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €625,943 | €605,697 | €579,348 | €372,498 | €323,959 | ▼ 13.0% |
| Fixed assets21/28 | €374,705 | €338,494 | €302,973 | €279,884 | €248,985 | ▼ 11.0% |
| Tangible fixed assets22/27 | €369,705 | €333,494 | €297,973 | €274,884 | €243,985 | ▼ 11.2% |
| Land and buildings22 | €299,798 | €282,981 | €266,163 | €249,346 | €232,529 | ▼ 6.7% |
| Plant, machinery and equipment23 | €18,832 | €15,091 | €11,349 | €9,006 | €4,992 | ▼ 44.6% |
| Furniture and vehicles24 | €51,075 | €35,422 | €20,461 | €16,532 | €6,464 | ▼ 60.9% |
| Financial fixed assets28 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Current assets29/58 | €251,238 | €267,203 | €276,375 | €92,614 | €74,974 | ▼ 19.0% |
| Stocks and contracts in progress3 | - | - | €32,340 | - | - | - |
| Stocks30/36 | - | - | €32,340 | - | - | - |
| Amounts receivable within one year40/41 | €197,441 | €201,795 | €214,159 | €56,260 | €35,984 | ▼ 36.0% |
| Trade receivables40 | €189,750 | €184,724 | €198,818 | €27,016 | €31,458 | ▲ 16.4% |
| Other amounts receivable41 | €7,691 | €17,071 | €15,341 | €29,244 | €4,526 | ▼ 84.5% |
| Cash at bank and in hand54/58 | €52,499 | €65,408 | €29,876 | €31,563 | €35,449 | ▲ 12.3% |
| Deferred charges and accrued income490/1 | €1,298 | - | - | €4,791 | €3,541 | ▼ 26.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €625,943 | €605,697 | €579,348 | €372,498 | €323,959 | ▼ 13.0% |
| Equity10/15 | €115,022 | €128,893 | €134,910 | €114,897 | €21,924 | ▼ 80.9% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | €18,600 | - | - | - | - | - |
| Issued capital100 | €18,600 | - | - | - | - | - |
| Reserves13 | €31,860 | €47,771 | €55,812 | €37,837 | €21,926 | ▼ 42.1% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | €1,860 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €30,000 | €45,911 | €53,952 | €35,977 | €20,066 | ▼ 44.2% |
| Profit (loss) carried forward14 | €32,954 | €32,954 | €32,954 | €32,954 | -€42,069 | ▼ 228% |
| Investment grants15 | €31,608 | €29,568 | €27,544 | €25,506 | €23,467 | ▼ 8.0% |
| Amounts payable17/49 | €510,921 | €476,804 | €444,438 | €257,601 | €302,035 | ▲ 17.2% |
| Amounts payable after more than one year17 | €249,306 | €212,619 | €178,086 | €150,475 | €126,132 | ▼ 16.2% |
| Financial debts170/4 | €249,306 | €212,619 | €178,086 | €150,475 | €126,132 | ▼ 16.2% |
| Amounts payable within one year42/48 | €261,615 | €264,185 | €266,352 | €107,126 | €175,903 | ▲ 64.2% |
| Current portion of amounts payable after more than one year42 | €46,676 | €44,507 | €41,822 | €34,900 | €81,632 | ▲ 134% |
| Financial debts43 | €44,004 | €68,343 | €50,000 | - | - | - |
| Credit institutions430/8 | €44,004 | €68,343 | €50,000 | - | - | - |
| Trade debts44 | €63,176 | €99,209 | €113,995 | €22,488 | €5,623 | ▼ 75.0% |
| Suppliers440/4 | €63,176 | €99,209 | €113,995 | €22,488 | €5,623 | ▼ 75.0% |
| Advances received on contracts in progress46 | - | - | - | - | €61,119 | - |
| Taxes, remuneration and social security45 | €63,524 | €51,391 | €60,535 | €19,738 | €9,830 | ▼ 50.2% |
| Taxes450/3 | €12,884 | €6,726 | €4,752 | €12,341 | €3,341 | ▼ 72.9% |
| Remuneration and social security454/9 | €50,640 | €44,665 | €55,783 | €7,397 | €6,489 | ▼ 12.3% |
| Other amounts payable47/48 | €44,235 | €735 | - | €30,000 | €17,699 | ▼ 41.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €47,054 | €15,911 | €8,041 | €12,025 | -€75,023 | ▼ 724% |
| + Depreciation and write-downs630 | €36,453 | €36,211 | €30,302 | €31,034 | €31,980 | ▲ 3.0% |
| Operating cash flow (approximation) | €83,507 | €52,122 | €38,343 | €43,059 | -€43,043 | ▼ 200% |
| Investment in fixed assets (approximation) | - | €0 | €5,219 | -€7,945 | -€1,081 | ▲ 86.4% |
| Change in cash | - | €12,909 | -€35,532 | €1,687 | €3,886 | ▲ 130% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
21-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 52 days late
2022
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 10 days late
2021
31-12
Financial
Back to profitnet €47,054
Net result €47,054 after one loss-making year.
31-12
Financial
Equity above €100,000Eq €115,022 ▲63.7%
Equity rises from €70,282 to €115,022.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Weakest financial yearnet -€79,536
Net result drops to -€79,536, the lowest in the series; recovery starts the following year.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €150,000Eq €152,245 ▲3.8%
2 profitable years in a row build equity to €152,245.
26-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 57 days late
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Perwez · 1 establishment unit since 2002
Ground area
8.1 ha
Building footprint
1.4 ha
Volume, LiDAR
1,223 m³
2 parcels, Wallonia · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PEACS
since 20022.131.433.755
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92253D0287/00F000 | Wallonia | 7.8 ha | 1 · 1.4 ha | - |
| 25101B0397/00N000 | Wallonia | 2,908 m² | 1 · 222 m² | 7.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,577 companies in sector 71121 we hold annual accounts for 6,570. 4,091 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-06-2002
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0477708073
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.