PEBRO
ActiveSummary
PEBRO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show negative equity (-€1.6m) and a net result of -€49,948. Equity is shrinking by ~26.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 2444 sector peers (fiscal year 2025). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-12-2025 was due by 30-07-2026 and was filed on 29-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
5 d early
2023
6 d early
2022
31 d late
2021
1 d late
2020
on the day
2019
1 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 3 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-12-2026 and is due by 30-07-2027. Nothing is late today. Usually files around 29 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today30-12-2026 close30-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Equity
-€1.6m▼ 3.2%
2024 · -€1.5m
Net result
-€49,948▲ 92.9%
2024 · -€702,512
Total assets
€4.3m▼ 0.6%
2024 · €4.3m
Solvency
-37.5%▼ 1.4pp
2024 · -36.1%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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€132,348▲ 19.6%€191,770▲ 44.9%-€178,249-€82,188▲ 53.9%-€46,276▲ 43.7%
Net result-€476,826below the sector's middle half-€349,851below the sector's middle half▲ 26.6%-€3.8mbelow the sector's middle half▼ 998%-€702,512below the sector's middle half▲ 81.7%-€49,948below the sector's middle half▲ 92.9%
Equity€3.3mabove the sector's middle half▼ 12.5%€3.0mabove the sector's middle half▼ 10.5%-€846,550below the sector's middle half-€1.5mbelow the sector's middle half▼ 83.0%-€1.6mbelow the sector's middle half▼ 3.2%
Total assets€9.3mabove the sector's middle half▲ 3.9%€8.8mabove the sector's middle half▼ 5.2%€4.8mabove the sector's middle half▼ 45.6%€4.3mwithin the sector's middle half▼ 10.5%€4.3mwithin the sector's middle half▼ 0.6%
Debt€6.0m▲ 16.1%€5.8m▼ 2.2%€5.6m▼ 3.2%€5.8m▲ 3.5%€5.9m▲ 0.4%
Working capital-€5.1mbelow the sector's middle half▼ 14.0%-€4.9mbelow the sector's middle half▲ 2.5%-€4.5mbelow the sector's middle half▲ 9.1%-€5.2mbelow the sector's middle half▼ 16.4%-€5.3mbelow the sector's middle half▼ 0.9%
Solvency36.0%within the sector's middle half▼ 6.7pp34.0%within the sector's middle half▼ 2.0pp-17.7%below the sector's middle half▼ 51.6pp-36.1%below the sector's middle half▼ 18.5pp-37.5%below the sector's middle half▼ 1.4pp
Current ratio0.09below the sector's middle half▲ 0.050.11below the sector's middle half▲ 0.020.20below the sector's middle half▲ 0.090.09below the sector's middle half▼ 0.110.09below the sector's middle half=
Return on assets (ROA)-5.1%below the sector's middle half▼ 5.2pp-4.0%below the sector's middle half▲ 1.2pp-80.1%below the sector's middle half▼ 76.2pp-16.4%below the sector's middle half▲ 63.8pp-1.2%below the sector's middle half▲ 15.2pp
Staff (FTE)3.8above the sector's middle half=1.9within the sector's middle half▼ 50.0%0within the sector's middle half▼ 100%0within the sector's middle half0below the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2025 Net result +93% on 2024. The accounts now follow the full schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €46,276 in 2025 against €82,188 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.3m
Fixed assets
€3.7m ▼ 0.6%
Current assets
€531,402 ▼ 0.7%
Key figures and ratios
Debt ≤ 1 year
€5.8m▲
2024 · €5.8m
Debt > 1 year
€45,725▼
2024 · €66,276
Income taxes
€309▼
2024 · €354
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €19,422 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | €208,778 | €81,161 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,817 | €5,136 | €5,136 | €23,037 | €23,349 | ▲ 1.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €75,000 | €0 | ▼ 100% |
| Other operating charges640/8 | €2,674 | €2,092 | €5,529 | €2,554 | €2,065 | ▼ 19.1% |
| Non-recurring operating charges66A | - | - | €404,889 | €0 | - | - |
| Gross operating margin9900 | €346,617 | €280,158 | €237,305 | €18,402 | -€20,861 | ▼ 213% |
| Operating profit (loss)9901 | €132,348 | €191,770 | -€178,249 | -€82,188 | -€46,276 | ▲ 43.7% |
| Financial income75/76B | €2,116 | €152,074 | €27,431 | €6,257 | €6 | ▼ 99.9% |
| Recurring financial income75 | €2,116 | €152,074 | €27,431 | €6,257 | €6 | ▼ 99.9% |
| Financial charges65/66B | €610,701 | €689,192 | €3.7m | €626,228 | €3,369 | ▼ 99.5% |
| Recurring financial charges65 | €110,701 | €111,309 | €101,863 | €626,228 | €3,369 | ▼ 99.5% |
| Non-recurring financial charges66B | €500,000 | €577,884 | €3.6m | €0 | - | - |
| Profit (loss) for the period before taxes9903 | -€476,237 | -€345,348 | -€3.8m | -€702,159 | -€49,639 | ▲ 92.9% |
| Income taxes67/77 | €588 | €4,503 | €139 | €354 | €309 | ▼ 12.7% |
| Profit (loss) for the period9904 | -€476,826 | -€349,851 | -€3.8m | -€702,512 | -€49,948 | ▲ 92.9% |
| Profit (loss) for the period to be appropriated9905 | -€476,826 | -€349,851 | -€3.8m | -€702,512 | -€49,948 | ▲ 92.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €9.3m | €8.8m | €4.8m | €4.3m | €4.3m | ▼ 0.6% |
| Fixed assets21/28 | €8.8m | €8.2m | €3.7m | €3.8m | €3.7m | ▼ 0.6% |
| Tangible fixed assets22/27 | €13,722 | €8,586 | €3,451 | €92,481 | €69,131 | ▼ 25.2% |
| Furniture and vehicles24 | €13,722 | €8,586 | €3,451 | €92,481 | €69,131 | ▼ 25.2% |
| Financial fixed assets28 | €8.8m | €8.2m | €3.7m | €3.7m | €3.7m | = |
| Current assets29/58 | €503,743 | €621,114 | €1.1m | €535,256 | €531,402 | ▼ 0.7% |
| Amounts receivable after more than one year29 | - | - | €500,000 | €500,000 | €500,000 | = |
| Trade receivables290 | - | - | €500,000 | €500,000 | €0 | ▼ 100% |
| Other amounts receivable291 | - | - | - | - | €500,000 | - |
| Amounts receivable within one year40/41 | €468,929 | €502,076 | €424,023 | €20,600 | €22,587 | ▲ 9.6% |
| Trade receivables40 | €20,000 | €47,855 | €32,075 | €20,600 | €20,600 | = |
| Other amounts receivable41 | €448,929 | €454,221 | €391,948 | €0 | €1,987 | - |
| Cash at bank and in hand54/58 | €34,814 | €119,038 | €204,666 | €11,878 | €5,262 | ▼ 55.7% |
| Deferred charges and accrued income490/1 | €0 | - | - | €2,777 | €3,553 | ▲ 27.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €9.3m | €8.8m | €4.8m | €4.3m | €4.3m | ▼ 0.6% |
| Equity10/15 | €3.3m | €3.0m | -€846,550 | -€1.5m | -€1.6m | ▼ 3.2% |
| Contributions10/11 | €3.1m | €3.1m | €3.1m | €3.1m | €3.1m | = |
| Capital10 | €3.1m | €3.1m | €3.1m | €3.1m | €3.1m | = |
| Issued capital100 | €3.1m | €3.1m | €3.1m | €3.1m | €3.1m | = |
| Reserves13 | €755,747 | €755,747 | €755,747 | €755,747 | €755,747 | = |
| Non-distributable reserves130/1 | €306,420 | €306,420 | €306,420 | €306,420 | €306,420 | = |
| Legal reserve130 | €306,420 | €306,420 | €306,420 | €306,420 | €306,420 | = |
| Distributable reserves133 | €449,327 | €449,327 | €449,327 | €449,327 | €449,327 | = |
| Profit (loss) carried forward14 | -€476,826 | -€826,677 | -€4.7m | -€5.4m | -€5.4m | ▼ 0.9% |
| Amounts payable17/49 | €6.0m | €5.8m | €5.6m | €5.8m | €5.9m | ▲ 0.4% |
| Amounts payable after more than one year17 | €304,022 | €163,478 | €12,626 | €66,276 | €45,725 | ▼ 31.0% |
| Financial debts170/4 | €304,022 | €163,478 | €12,626 | €66,276 | €45,725 | ▼ 31.0% |
| Amounts payable within one year42/48 | €5.6m | €5.6m | €5.6m | €5.8m | €5.8m | ▲ 0.8% |
| Current portion of amounts payable after more than one year42 | €133,851 | €140,544 | €147,571 | €32,321 | €20,551 | ▼ 36.4% |
| Financial debts43 | €6,039 | €6,044 | €0 | €151 | €0 | ▼ 100% |
| Credit institutions430/8 | €6,039 | €6,044 | €0 | €151 | €0 | ▼ 100% |
| Trade debts44 | €112,810 | €150,848 | €4,431 | €2,707 | €272 | ▼ 90.0% |
| Suppliers440/4 | €112,810 | €150,848 | €4,431 | €2,707 | €272 | ▼ 90.0% |
| Taxes, remuneration and social security45 | €59,471 | €43,571 | €22,837 | €1,547 | €1,144 | ▼ 26.1% |
| Taxes450/3 | €23,100 | €27,944 | €17,299 | €1,547 | €1,144 | ▼ 26.1% |
| Remuneration and social security454/9 | €36,372 | €15,627 | €5,538 | €0 | - | - |
| Other amounts payable47/48 | €5.3m | €5.2m | €5.4m | €5.7m | €5.8m | ▲ 1.0% |
| Accrued charges and deferred income492/3 | €74,800 | €91,367 | €760 | €760 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€476,826 | -€349,851 | -€3.8m | -€702,512 | -€49,948 | ▲ 92.9% |
| + Depreciation and write-downs630 | €2,817 | €5,136 | €5,136 | €23,037 | €23,349 | ▲ 1.4% |
| Operating cash flow (approximation) | -€474,008 | -€344,716 | -€3.8m | -€679,476 | -€26,598 | ▲ 96.1% |
| Investment in fixed assets (approximation) | - | €595,848 | €4.5m | -€112,067 | €0 | ▲ 100% |
| Change in cash | - | €84,224 | €85,628 | -€192,787 | -€6,617 | ▲ 96.6% |
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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-12
Financial
Weakest financial yearnet -€3.8m
Net result drops to -€3.8m, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 1 day late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-12
Financial
Highest result since 2018net €51,113 ▲19.4%
Net result €51,113, the highest in the series.
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
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.
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Directors · office · real estate
Directors
4 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, Tielt · 1 establishment unit since 2003
Ground area
1.6 ha
Building footprint
1.2 ha
Volume, LiDAR
72,198 m³
2 parcels, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
PEBRO
since 20032.126.662.642
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37322C0242/00F004 | Flanders | 1.4 ha | 1 · 1.2 ha | 8.6 m · 2 fl. |
| 37322C0205/00H000 | Flanders | 1,843 m² | 1 · 193 m² | 6.3 m · 1 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.
Structure & network
Owners and holdings
2 holdingsOwners 0
The accounts to 30-12-2025 list no shareholders, and no other source names one.
Holdings 2
-
100%
-
99.93%
According to the annual accounts to 30-12-2025 of PEBRO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 1,769 EUR awarded · 1,769 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,769 EUR | 1,769 EUR |
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,800. 9,733 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded03-03-2003
Fiscal year end30-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0479692219
Also
9925:BE0479692219
Registered
26-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.