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Pecovo

Active Risk: very low
General partnershipfounded 201115 yrs activeVarentschoot 27, 9840 Nazareth-De Pinte, BelgiumKBO/BCE: BE 0833.642.051

Pecovo has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2013 annual accounts show equity of €111k and a net result of €89k. The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

No current score
Figures too old
The available figures for FY 2013 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2013 · tick = 2012
Profitability60▲+2
Solvency36▲+3
Growth78
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 2013
Solvency, return and age of the figures
Solvency
11.3%
Return on assets
9.1%
Age of the figures
159 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 15 years 0 20 y
neutral · No filing for years
The last filed financial year closed on 30-06-2013. Since then, 12 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 2 filings
Position against the passed deadline
30-06-2014 close31-01-2015 deadline17-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2013 was due by 31-01-2014 and was filed on 27-11-2013, 65 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2013, abbreviated schema

Equity
€111k▲ 403%
2012 · €22k
2012: €22k
2012 → 2013
Total assets
€981k▲ 266%
2012 · €268k
2012: €268k
2012 → 2013
Net result
€89k▲ 310%
2012 · €22k
2012: €22k
2012 → 2013
Working capital
€122k
2012 · €-29k
2012: €-29k
2012 → 2013
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20122013Trend
Equity€22k-€111k▲ 403%
Operating result€30k-€138k▲ 353%
Net result€22k-€89k▲ 310%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2012: €30k€30kNet result 2012: €22k€22kOperating result 2013: €138k€138kNet result 2013: €89k€89k20122013
The operating result rises in 2013; 2013 is 353% above 2012.
Balance-sheet composition
2013 in colour, 2012 as the grey bar beneath
Assets €981k
Fixed assets €760k▲ 212%
Current assets €220k▲ 797%
Equity and liabilities €981k
Equity €111k▲ 403%
Debt €870k▲ 253%
The debt ratio falls from 91.8% to 88.7%. Equity and debt are higher.
Key figures and ratios
2013 value · change against 2012
EBITDA
€171k
2012 · €36k
Cash flow
€122k
2012 · €27k
Solvency
11.3%
2012 · 8.2%
Current ratio
2.24
2012 · 0.46
Quick ratio
2.24
2012 · 0.46
Debt / equity
6.96
2012 · 8.66
ROE
80.1%
2012 · 98.4%
ROA
9.1%
2012 · 8.1%
Debt
€870k
2012 · €246k
Debt ≤ 1 year
€98k
2012 · €54k
Debt > 1 year
€771k
2012 · €191k
Income taxes
€43k
2012 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2013 against 2012
Balance sheet Code20122013
Assets
Total assets20/58€268k€981k
Fixed assets21/28€244k€760k
Tangible fixed assets22/27€244k€760k
Financial fixed assets28€50€50=
Current assets29/58€25k€220k
Amounts receivable within one year40/41€10k€45k
Cash at bank and in hand54/58€13k€176k
Equity and liabilities
Total equity and liabilities10/49€268k€981k
Equity10/15€22k€111k
Contributions10/11€100€100=
Reserves13€10k€75k
Profit (loss) carried forward14€12k€36k
Amounts payable17/49€246k€870k
Amounts payable after more than one year17€191k€771k
Amounts payable within one year42/48€54k€98k
Trade debts44€5k€10k
Income statement Code20122013
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€33k
Gross operating margin9900€36k€228k
Operating profit (loss)9901€30k€138k
Recurring financial income75€8€56
Recurring financial charges65€4k€6k
Profit (loss) for the period before taxes9903€27k€132k
Income taxes67/77€5k€43k
Profit (loss) for the period9904€22k€89k
Profit (loss) for the period to be appropriated9905€22k€89k

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Timeline · acts, filings and financial milestones

2013
27-11
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
30-06
Financial Liquidity times 5current ratio 2.24
Current ratio from 0.46 to 2.24.
30-06
Financial Equity above €100kEq €111k ▲403%
2 profitable years in a row build equity to €111k.
2012
21-12
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 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, Nazareth-De Pinte · 1 establishment unit since 2010
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Varentschoot 279840 Nazareth-De Pinte
Ground area
742 m²
Building footprint
190 m²
Parcel 44012B0567/00V002, Flanders. Linked by address, not a title deed.
1 establishment unit
Varentschoot 27, 9840 Nazareth-De Pinte
Financial service activities, except insurance and pension funding
since 20102.196.337.940
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44012B0567/00V002 Flanders 742 m² 1 · 190 m² -
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 24,505 companies in sector 82990 we hold annual accounts for 9,396. 7,180 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formGeneral partnership
Founded10-02-2011
Fiscal year end30-06
Activities, NACEBEL
82990Other business support services
64200Holdings
64210Activities of holding companies
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.