PECHE IMMO
ActiveSummary
The computed 12-month bankruptcy probability of PECHE IMMO is 1.9% (moderate). The 2025 annual accounts show equity of €209,391 and a net result of €35,235. Equity is growing by ~91% per year across the filed fiscal years. Its solvency ranks better than 22% of 988 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Warehousing and storage
NACE 52100
1 site
How big
€2.2mtotal assets 2025
- Equity
- €209,391
- Profit
- €35,235
Turnover not published (abridged schema)
Who decides
Accounts filed 49 d late0 of 1 deed read
Why 49- Limited track record- Higher-failure-rate sector- Higher-failure-rate region- Weak solvency vs sector+ Annual accounts: healthy financial profileFiled after the deadlineShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability57▼-15
Solvency35▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity short (current ratio 0.42 against 0.54 in 2024; short-term debt: 24.5% and cash: 1.6% of total assets), and 90.4% 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
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Warehousing and support activities for transportation (NACE 52)
about 72% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
9.6%
Return on assets
1.6%
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 22% of 988 sector peers (2025).
NBB · sector comparisonPosition among 988 sector peers
Solvency
better than 22%
← 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 18-09-2026, 49 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 · 6 filingsDeviation from the deadline
2025
49 d late
2024
22 d late
2023
12 d late
2022
8 d late
2021
26 d late
2020
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 25 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 36% 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 22 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Equity above €200,000Eq €209,391 ▲20.2%
- Annual accounts filedfiscal year 2024 · micro…
Financials
Fiscal year 2025Total assets €2.2mProfit €35,235Solvency 9.6%Liquidity 0.42
Total assets
€2.2m▼ 8.5%
2020 - 2025
Net result
€35,235▼ 48.6%
2020 - 2025
Equity
€209,391▲ 20.2%
2020 - 2025
Solvency
9.6%▲ 2.3pp
2020 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€0.03m€0.1m▲ 285%€0.09m▼ 14.2%€0.1m▲ 29.5%€0.09m▼ 22.5%
Net result€0.002mwithin the sector's middle half€0.07mabove the sector's middle half▲ 2,998%€0.05mabove the sector's middle half▼ 30.1%€0.07mabove the sector's middle half▲ 32.5%€0.04mwithin the sector's middle half▼ 48.6%
Equity-€0.04mbelow the sector's middle half▲ 5.7%€0.03mwithin the sector's middle half€0.09mwithin the sector's middle half▲ 149%€0.2mwithin the sector's middle half▲ 102%€0.2mabove the sector's middle half▲ 20.2%
Total assets€1.7mabove the sector's middle half▼ 3.0%€1.7mabove the sector's middle half▼ 0.3%€1.6mabove the sector's middle half▼ 2.3%€2.4mabove the sector's middle half▲ 45.2%€2.2mabove the sector's middle half▼ 8.5%
Debt€1.7m▼ 3.0%€1.6m▼ 4.6%€1.6m▼ 5.5%€2.2m▲ 42.0%€2.0m▼ 10.8%
Working capital-€0.4mbelow the sector's middle half▼ 3.9%-€0.3mbelow the sector's middle half▲ 14.4%-€0.3mbelow the sector's middle half▲ 8.8%-€0.3mbelow the sector's middle half▲ 5.4%-€0.3mbelow the sector's middle half▼ 3.7%
Solvency-2.3%below the sector's middle half▲ 0.1pp2.1%below the sector's middle half▲ 4.4pp5.3%below the sector's middle half▲ 3.2pp7.3%below the sector's middle half▲ 2.0pp9.6%below the sector's middle half▲ 2.3pp
Current ratio0.08below the sector's middle half▲ 0.040.23below the sector's middle half▲ 0.140.30below the sector's middle half▲ 0.070.54below the sector's middle half▲ 0.240.42below the sector's middle half▼ 0.12
Return on assets (ROA)0.1%within the sector's middle half▲ 4.0pp4.4%within the sector's middle half▲ 4.3pp3.1%within the sector's middle half▼ 1.3pp2.9%within the sector's middle half▼ 0.3pp1.6%within the sector's middle half▼ 1.3pp
above
within
below
the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 23% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.2m
Fixed assets
€2.0m ▼ 3.8%
Current assets
€225,294 ▼ 36.1%
Equity and liabilities €2.2m
Equity
€209,391 ▲ 20.2%
Debt
€2.0m ▼ 10.8%
Debt's share of the balance-sheet total falls from 92.7% to 90.4%. Equity is higher and debt is lower.
Key figures and ratios
Key figures and ratios
EBITDA
€183,625▼
2024 · €184,436
Cash flow
€132,978▼
2024 · €142,089
Debt to equity
9.41▼
2024 · 12.68
ROE
16.8%▼
2024 · 39.3%
Interest coverage
4.40▼
2024 · 8.77
Debt ≤ 1 year
€534,087▼
2024 · €650,419
Debt > 1 year
€1.4m▼
2024 · €1.6m
Income taxes
€11,426▼
2024 · €22,832
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,603 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 96% are still going.
- Small
- 5 to 10 years old
- solvency under 10%
- a profit under 5% of the balance sheet
1.9%
went bankrupt
1.8%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 1,603 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.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €71,437 | €71,544 | €72,109 | €73,594 | €97,743 | ▲ 32.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €15,490 | €0 | - | - | - |
| Other operating charges640/8 | €17,549 | €18,902 | €20,271 | €21,468 | €21,800 | ▲ 1.5% |
| Gross operating margin9900 | €114,853 | €205,630 | €177,948 | €205,904 | €205,426 | ▼ 0.2% |
| Operating profit (loss)9901 | €25,867 | €99,694 | €85,568 | €110,842 | €85,882 | ▼ 22.5% |
| Financial income75/76B | - | €281 | €566 | €1,504 | €2,530 | ▲ 68.2% |
| Recurring financial income75 | - | €281 | €566 | €1,504 | €2,530 | ▲ 68.2% |
| Financial charges65/66B | €23,479 | €23,757 | €21,558 | €21,019 | €41,752 | ▲ 98.6% |
| Recurring financial charges65 | €23,479 | €23,757 | €21,558 | €21,019 | €41,752 | ▲ 98.6% |
| Profit (loss) for the period before taxes9903 | €2,388 | €76,218 | €64,575 | €91,327 | €46,660 | ▼ 48.9% |
| Income taxes67/77 | - | €2,238 | €12,889 | €22,832 | €11,426 | ▼ 50.0% |
| Profit (loss) for the period9904 | €2,388 | €73,980 | €51,687 | €68,495 | €35,235 | ▼ 48.6% |
| Profit (loss) for the period to be appropriated9905 | €2,388 | €73,980 | €51,687 | €68,495 | €35,235 | ▼ 48.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.7m | €1.7m | €1.6m | €2.4m | €2.2m | ▼ 8.5% |
| Fixed assets21/28 | €1.6m | €1.6m | €1.5m | €2.0m | €2.0m | ▼ 3.8% |
| Tangible fixed assets22/27 | €1.6m | €1.6m | €1.5m | €2.0m | €2.0m | ▼ 3.8% |
| Land and buildings22 | €1.6m | €1.6m | €1.5m | €2.0m | €2.0m | ▼ 3.7% |
| Plant, machinery and equipment23 | - | €0.003m | €0.003m | €0.002m | €0.001m | ▼ 35.2% |
| Financial fixed assets28 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Current assets29/58 | €0.04m | €0.1m | €0.1m | €0.4m | €0.2m | ▼ 36.1% |
| Amounts receivable within one year40/41 | €0.004m | €0.04m | €0.06m | €0.2m | €0.2m | ▼ 26.2% |
| Trade receivables40 | - | €0.004m | €0 | €0.005m | €0.01m | ▲ 222% |
| Other amounts receivable41 | €0.004m | €0.04m | €0.06m | €0.2m | €0.2m | ▼ 30.8% |
| Cash at bank and in hand54/58 | €0.03m | €0.05m | €0.06m | €0.1m | €0.03m | ▼ 64.4% |
| Deferred charges and accrued income490/1 | €0.005m | €0.005m | €0.02m | €0.005m | €0.007m | ▲ 21.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.7m | €1.7m | €1.6m | €2.4m | €2.2m | ▼ 8.5% |
| Equity10/15 | -€0.04m | €0.03m | €0.09m | €0.2m | €0.2m | ▲ 20.2% |
| Contributions10/11 | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Profit (loss) carried forward14 | -€0.06m | €0.01m | €0.06m | €0.1m | €0.2m | ▲ 23.6% |
| Amounts payable17/49 | €1.7m | €1.6m | €1.6m | €2.2m | €2.0m | ▼ 10.8% |
| Amounts payable after more than one year17 | €1.3m | €1.2m | €1.1m | €1.6m | €1.4m | ▼ 7.9% |
| Financial debts170/4 | €1.3m | €1.2m | €1.1m | €1.5m | €1.4m | ▼ 8.2% |
| Other amounts payable178/9 | €0.003m | €0.01m | €0.01m | €0.01m | €0.02m | ▲ 37.5% |
| Amounts payable within one year42/48 | €0.4m | €0.4m | €0.4m | €0.7m | €0.5m | ▼ 17.9% |
| Current portion of amounts payable after more than one year42 | €0.09m | €0.08m | €0.09m | €0.1m | €0.1m | ▲ 1.7% |
| Trade debts44 | €0.002m | €0.005m | €0.002m | €0.004m | €0 | ▼ 100% |
| Suppliers440/4 | €0.002m | €0.005m | €0.002m | €0.004m | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €0.002m | €0 | - | €0.002m | - |
| Taxes450/3 | - | €0.002m | €0 | - | €0.002m | - |
| Other amounts payable47/48 | €0.3m | €0.4m | €0.4m | €0.5m | €0.4m | ▼ 22.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,388 | €73,980 | €51,687 | €68,495 | €35,235 | ▼ 48.6% |
| + Depreciation and write-downs630 | €71,437 | €71,544 | €72,109 | €73,594 | €97,743 | ▲ 32.8% |
| Operating cash flow (approximation) | €73,825 | €145,524 | €123,796 | €142,089 | €132,978 | ▼ 6.4% |
| Investment in fixed assets (approximation) | - | -€3,359 | €0 | -€596,459 | -€21,620 | ▲ 96.4% |
| Change in cash | - | €23,715 | €9,528 | €36,639 | -€63,233 | ▼ 273% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
AERTSSEN LOGISTICS
BE 0664.571.843
Stabroek · Eq €207,084
DRC DEVELOPPEMENT
BE 0833.905.436
Namur · Eq €212,363
AD HANDLING
BE 0861.564.094
Machelen (Brab.) · Eq €205,930
NOVACHEM STORAGE
BE 0431.159.555
Antwerpen · Eq €205,640
CORTIZO BENELUX
BE 0804.329.839
Kampenhout · Eq €214,637
Of 1,031 companies in this sector we hold annual accounts for 769. 480 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
10 eventsLatest 18-09-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 49 days late
2025
31-12
Financial
Equity above €200,000Eq €209,391 ▲20.2%
5 profitable years in a row build equity to €209,391.
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
31-12
Financial
Equity above €150,000Eq €174,156 ▲102%
4 profitable years in a row build equity to €174,156.
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
08-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 8 days late
2022
31-12
Financial
Highest result since 2020net €73,980 ▲2,998%
Net result €73,980, the highest in the series.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Back to profitnet €2,388
Net result €2,388 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company · founded 24-03-2020Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded24-03-2020
Fiscal year end31-12
Activities, NACEBEL 2025
52100Warehousing and storage
E-invoicing
Reachable via Peppol
Peppol ID
0208:0745600990
Also
9925:BE0745600990
Registered
15-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Villers-le-Bouillet · 1 establishment unit since 2020
Ground area
6,057 m²
Parcel 61068A0463/00B002, Wallonia. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Rue du Progrès 5, 4530 Villers-le-Bouillet
since 2020unit no. 2.301.648.563
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61068A0463/00B002 | Wallonia | 6,057 m² | - | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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