Equity
-€73,151
Debts exceed assets in financial year 2025.
PECCEU
Lifetime
20 annual accounts with figures on one time axis, 37 filings since 1989peak €1.6m (2014)
€228,470▼ 30.3%
lowest -€656,881 (2017)
-€69,157▼ €56,387
peak €1.3m (2014)
-€73,151▼ €69,157
€3.1m▲ 49.8%
peak 21.7 FTE (2015)
-not published
Board4 names since 2018
2 directors and 1 other
Owners2 names in the annual accounts
Documentsfilings and deeds
15-10-202676 days late
2025micro format
Gross margin from €327,645 to €228,470Loss of €69,157Equity from -€3,994 to -€73,151Debts from €2.1m to €3.1mCash from €1,291 to €2,932
Key points
from the 2025 annual accountsLosses
-€91,507 in three years
Every financial year from 2023 to 2025 closed with a loss. 2025 was the heaviest.
Debts
€3.1m 102% of the balance sheet
Financial debts 52%Suppliers 3%Taxes and wages 0%Other 45%
Of this, €1.5m falls due within a year.
Staff
2.9 FTE from 21.7 in 2015
Between 2015 and 2025, 87% of the full-time equivalents disappeared.
Filings
37 annual accounts 76 days
Latest accounts filed late: after the legal deadline.
Position in the sector
-€69,157
Lower net result than 95% of companies in specialised construction. Sector median €9,998 · 37,193 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,795 companies had the same profile as PECCEU has now. Each dot stands for 7 companies, two years later.
90.3%
were still trading
6.1%
stopped another way
2.1%
went bankrupt
Another 1.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 2,795 companies, not a prediction for PECCEU. 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
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Signals
Board and ownership
Director
Director
- 100%score equity €387,036 (2025) · 31-03-2024 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0435448440
Reappointments: (director) and (director)
“De vennootschap mag haar voorwerp verwezenlijken zowel in België als in het buitenland, op alle wijzen en…” (deed in Dutch) · General meeting of 30-09-2024 · Gazette deed
Resignation: (director)
General meeting of 03-01-2021 · Gazette deed
Appointment: (manager)
Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PECCEU Ypres | €3.1m | €228,470 | -2.4% | - |
| SCHRIJNWERKERIJ VAN ROSSEM Opwijk | €3.3m | €278,228 | 70.5% | 3.5 |
| DEREBO Staden | €3.1m | €193,927 | 47.5% | 1.2 |
| SCHOLLAERT Aalst | €3.3m | €183,543 | 14.1% | 3.7 |
| Metaalbouw Fransen Rijkevorsel | €3.0m | €192,732 | 83.1% | 0 |
| CEILING SYSTEMS Hasselt | €2.2m | €173,183 | 44.1% | 0.8 |
| PHARMADECOR Sint-Pieters-Leeuw | €4.1m | €291,781 | 95.8% | 2 |
These companies have the same main activity as PECCEU: joinery installation (NACE 43320). They are comparable in size and age: total assets between €2.2m and €4.1m, founded between 1981 and 1998.
Official details
Source: KBO- Status
- Active since 03-10-1988Normal situation
- Activity
- Joinery installationNACE 43320and 2 others
- Establishment units
- 2.040.566.8288902 Ypres, since 19-10-1988
- 2.240.231.3317780 Comines-Warneton, since 01-01-2012
- Financial year end
- 31 December
- Peppol
- Reachable since 27-11-2025
Annual accounts 2025
- ≈ €850,000estimated
- €3.1m▲ 46.6%
- Employeeson 31-12-2025
- 2=
- Filing
- Filed on 15-10-2026
Insights on PECCEU
PECCEU files the micro format. That format states no turnover. The gross margin fell from €269,540 in 2006 to €228,470 in 2025.
holds all the shares.
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 PECCEU
- What is the company number of PECCEU?
- The company number of PECCEU is 0435.448.440. The VAT number is the same number with BE in front: BE 0435.448.440.
- Where is PECCEU based?
- The registered office is at Wielewaalstraat 58, 8902 Ypres.Company details
- What does PECCEU do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of PECCEU?
- PECCEU is a private limited company (BV).
- When was PECCEU founded?
- PECCEU was founded on 03-10-1988.
- Is PECCEU still active?
- Yes, PECCEU is an active enterprise in the KBO register.
- How many employees does PECCEU have?
- PECCEU had an average of 2.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of PECCEU?
- The turnover in financial year 2025 is ≈ €850,000. This figure is estimated from the gross margin of €228,470 and 36 comparable companies (NACE 43320). It probably lies between €610,000 and €1.2m.
- Is PECCEU profitable?
- In financial year 2025, PECCEU made a loss of €69,157.
- Where can I find the annual accounts of PECCEU?
- PECCEU filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PECCEU due?
- PECCEU must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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