Equity
€25,111 from €281,410 in 2022
Equity fell by 91% in 3 years.
PEBBLES
Lifetime
6 annual accounts with figures on one time axispeak €135,878 (2025)
€135,878▲ 2.5%
peak €105,244 (2023)
€100,230▲ 2.0%
peak €281,410 (2022)
€25,111▼ 66.5%
€163,841▲ 7.4%
Board1 name since 2020
1 directorDE MEYER Sarah
Documentsfilings and deeds
22-05-202670 days before the deadline
2025micro format
Dividend €150,000Equity from €74,881 to €25,111
Key points
from the 2025 annual accountsDebts
€163,841 87% of the balance sheet
Suppliers 1%Taxes and wages 21%Other 78%
Of this, €163,800 falls due within a year.
Position in the sector
13.3%
Lower solvency than 81% of companies in head offices and management consultancy. Sector median 55.5% · 39,360 companies.
Checked score
92
Excellent
Financially stronger than 38% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,568 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: < 0.1%▼ -0.1 percentage points vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025lowest value
05-2025: 0.1%▲ +0.1 percentage points vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025highest value
12-2025: 0.1%● unchanged vs 11-2025highest value
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: < 0.1%▼ -0.1 percentage points vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Equity €25,111 (13.3% of total assets)
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Liquidity: current ratio 1.02, cash €141,391
Size: total assets €188,952
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 19% of them on solvency, 40% on liquidity, 84% on profitability and 10% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,713 companies had the same profile as PEBBLES has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of PEBBLES itself is lower: < 0.1% within 12 months. It rests on far more data about PEBBLES than the profile alone.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 6,713 companies, not a prediction for PEBBLES. 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.
Credit verdict
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.02 (1.3 in 2024), below the usual 1.5. Short-term debt is 86.7% and cash 74.8% of total assets. 86.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 39360 sector peers (2025).
NBB · sector comparisonPosition among 39360 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-05-2026, 70 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
70 days early
2024
42 days early
2023
16 days early
2022
4 days early
2021
39 days early
2020
23 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 32 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 June (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved within Ghent
New registered office: Asselsstraat 76, 9031 Gent (Drongen) · Previous registered office: Galglaan 37, 9000 Gent · Board meeting of 18-04-2024 · Gazette deed
Incorporation
Founder: DE MEYER Sarah (comparante) · 10 shares · Appointment: DE MEYER Sarah (director) · published on 13-03-2020 · Gazette deed
First establishment
Asselsstraat 76, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PEBBLES Ghent | €188,952 | €135,878 | 13.3% | - |
| QUALITY & DEVELOPMENT PROJECT CONSULTING Ghent | €191,760 | €125,919 | 57.2% | - |
| Ambro Ghent | €164,441 | €160,758 | 79.6% | - |
| UPVEST Ghent | €168,309 | €112,559 | 31.3% | - |
| NEONWHALE Ghent | €200,721 | €135,937 | 1.9% | - |
| Double You Consulting Waasmunster | €173,880 | €138,058 | 15.6% | - |
| DNY Consult Zottegem | €204,744 | €127,682 | 49.1% | - |
These companies have the same main activity as PEBBLES: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €164,000 and €205,000, founded between 2019 and 2020.
Official details
Source: KBO- Status
- Active since 11-03-2020Normal situation
- Activity
- Business and other management consultancyNACE 70200and 1 other
- Establishment unit
- 2.300.313.3299031 Ghent, since 11-03-2020
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- ≈ €230,000estimated
- €188,952▼ 16.9%
- Filing
- Filed on 22-05-2026, 70 days before the end of the filing period
Insights on PEBBLES
PEBBLES files the micro format. That format states no turnover. The gross margin rose from €93,850 in 2020 to €135,878 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PEBBLES
- What is the company number of PEBBLES?
- The company number of PEBBLES is 0744.976.034. The VAT number is the same number with BE in front: BE 0744.976.034.
- Where is PEBBLES based?
- The registered office is at Asselsstraat 76, 9031 Ghent.Company details
- What does PEBBLES do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of PEBBLES?
- PEBBLES is a private limited company (BV).
- When was PEBBLES founded?
- PEBBLES was founded on 11-03-2020.
- Is PEBBLES still active?
- Yes, PEBBLES is an active enterprise in the KBO register.
- What is the turnover of PEBBLES?
- The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €135,878 and 109 comparable companies (NACE 70200). It probably lies between €190,000 and €270,000.Financials
- Is PEBBLES profitable?
- In financial year 2025, PEBBLES made a profit of €100,230.
- Where can I find the annual accounts of PEBBLES?
- PEBBLES filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PEBBLES due?
- PEBBLES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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