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PEDCO

Active
Private limited companyfounded 20233 yrs activeKoningin Astridlaan 115, 2550 Kontich, BelgiumKBO/BCE: BE 0798.291.588
Summary

The annual accounts of PEDCO for fiscal year 2025 show a net loss of 71% of the equity at the start of that year. The 2025 annual accounts show equity of €3,070 and a net result of -€7,606. Equity is shrinking by ~61.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 30% of 2071 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency43▼-26
Growth32=
Track record94
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.21 against 1.78 in 2024; short-term debt: 82.3% and cash: 20.7% of total assets), and 82.3% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
17.7%
Return on assets
-43.8%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
232425
2023 to 2025 · latest year -€7,606
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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 · 3 filings
Deviation from the deadline
2025
20 d late
2024
70 d late
2023
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 50 days after the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 32% 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 1 October (3 of the last 3 filed years within 42 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 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

History

PEDCO was incorporated on 9 February 2023 as a Private limited company.1 Total assets fell from EUR 24,846 in 2023 to EUR 17,359 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€3,070▼ 71.2%
2024 · €10,676
Total assets
€17,359▼ 28.9%
2024 · €24,400
Net result
-€7,606▼ 35.4%
2024 · -€5,616
Working capital
€3,070▼ 71.2%
2024 · €10,676
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 85, Education, 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
Line202320242025
Operating result€20,619--€5,481-€7,467▼ 36.2%
Net result€15,293within the sector's middle half--€5,616below the sector's middle half-€7,606below the sector's middle half▼ 35.4%
Equity€16,293within the sector's middle half-€10,676within the sector's middle half▼ 34.5%€3,070below the sector's middle half▼ 71.2%
Total assets€24,846below the sector's middle half-€24,400below the sector's middle half▼ 1.8%€17,359below the sector's middle half▼ 28.9%
Debt€8,554-€13,724▲ 60.4%€14,289▲ 4.1%
Working capital€16,293within the sector's middle half-€10,676within the sector's middle half▼ 34.5%€3,070within the sector's middle half▼ 71.2%
Solvency65.6%within the sector's middle half-43.8%within the sector's middle half▼ 21.8pp17.7%within the sector's middle half▼ 26.1pp
Current ratio2.90within the sector's middle half-1.78within the sector's middle half▼ 1.131.21within the sector's middle half▼ 0.56
Return on assets (ROA)61.5%above the sector's middle half--23.0%below the sector's middle half▼ 84.6pp-43.8%below the sector's middle half▼ 20.8pp
above within below the middle half (P25 to P75) of NACE 85, Education, 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 per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000Operating result 2023: €20,619€20,619Net result 2023: €15,293€15,293Operating result 2024: -€5,481-€5,481Net result 2024: -€5,616-€5,616Operating result 2025: -€7,467-€7,467Net result 2025: -€7,606-€7,606202320242025-€10,000€0€10,000€20,000Operating result 2023: €20,619€20,600Net result 2023: €15,293€15,300Operating result 2024: -€5,481-€5,480Net result 2024: -€5,616-€5,620Operating result 2025: -€7,467-€7,470Net result 2025: -€7,606-€7,610202320242025
The operating result stays negative: a loss of €7,467 in 2025 against €5,481 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €17,359
Equity €3,070 ▼ 71.2%
Debt €14,289 ▲ 4.1%
Debt's share of the balance-sheet total rises from 56.2% to 82.3%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Debt to equity
4.65▲
2024 · 1.29
ROE
-247.7%▼
2024 · -52.6%
Debt ≤ 1 year
€14,289▲
2024 · €13,724
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,207 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more
4.6% went bankrupt
4.6% stopped otherwise
90% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.9%
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 1,207 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 30 lines
Balance sheet Code20242025
Assets
Total assets20/58€24,400€17,359▼
Current assets29/58€24,400€17,359▼
Amounts receivable within one year40/41€24,229€13,760▼
Trade receivables40€24,229€0▼
Other amounts receivable41-€13,760
Cash at bank and in hand54/58€171€3,599▲
Equity and liabilities
Total equity and liabilities10/49€24,400€17,359▼
Equity10/15€10,676€3,070▼
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€9,676€2,070▼
Amounts payable17/49€13,724€14,289▲
Amounts payable within one year42/48€13,724€14,289▲
Trade debts44€7,783€5,350▼
Suppliers440/4€7,783€5,350▼
Taxes, remuneration and social security45€4,008€5,166▲
Taxes450/3€4,008€5,166▲
Other amounts payable47/48€1,933€3,772▲
Income statement Code20242025
Other operating charges640/8€605€640▲
Gross operating margin9900-€4,876-€6,827▼
Operating profit (loss)9901-€5,481-€7,467▼
Financial income75/76B-€32
Recurring financial income75-€32
Financial charges65/66B€135€171▲
Recurring financial charges65€135€171▲
Profit (loss) for the period before taxes9903-€5,616-€7,606▼
Income taxes67/77€0-
Profit (loss) for the period9904-€5,616-€7,606▼
Profit (loss) for the period to be appropriated9905-€5,616-€7,606▼
Appropriation of the result
Profit (loss) to be appropriated9906€9,676€2,070▼
Profit (loss) brought forward from the previous period14P€15,293€9,676▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Other operating charges640/8€534€605€640▲ 5.7%
Gross operating margin9900€21,154-€4,876-€6,827▼ 40.0%
Operating profit (loss)9901€20,619-€5,481-€7,467▼ 36.2%
Financial income75/76B--€32-
Recurring financial income75--€32-
Financial charges65/66B€161€135€171▲ 26.7%
Recurring financial charges65€161€135€171▲ 26.7%
Profit (loss) for the period before taxes9903€20,458-€5,616-€7,606▼ 35.4%
Income taxes67/77€5,166€0--
Profit (loss) for the period9904€15,293-€5,616-€7,606▼ 35.4%
Profit (loss) for the period to be appropriated9905€15,293-€5,616-€7,606▼ 35.4%
Line202320242025Change
Assets
Total assets20/58€24,846€24,400€17,359▼ 28.9%
Current assets29/58€24,846€24,400€17,359▼ 28.9%
Amounts receivable within one year40/41€24,229€24,229€13,760▼ 43.2%
Trade receivables40€24,229€24,229€0▼ 100%
Other amounts receivable41--€13,760-
Cash at bank and in hand54/58€618€171€3,599▲ 2,003%
Equity and liabilities
Total equity and liabilities10/49€24,846€24,400€17,359▼ 28.9%
Equity10/15€16,293€10,676€3,070▼ 71.2%
Contributions10/11€1,000€1,000€1,000=
Profit (loss) carried forward14€15,293€9,676€2,070▼ 78.6%
Amounts payable17/49€8,554€13,724€14,289▲ 4.1%
Amounts payable within one year42/48€8,554€13,724€14,289▲ 4.1%
Trade debts44€1,455€7,783€5,350▼ 31.3%
Suppliers440/4€1,455€7,783€5,350▼ 31.3%
Taxes, remuneration and social security45€7,056€4,008€5,166▲ 28.9%
Taxes450/3€7,056€4,008€5,166▲ 28.9%
Other amounts payable47/48€43€1,933€3,772▲ 95.2%
Line202320242025Change
Profit (loss) for the period9904€15,293-€5,616-€7,606▼ 35.4%
Operating cash flow (approximation)€15,293-€5,616-€7,606▼ 35.4%
Change in cash--€447€3,427▲ 867%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
20-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
31-12
Financial Weakest financial yearnet -€7,606
Net result drops to -€7,606, the lowest in the series.
09-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 70 days late
2024
30-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Kontich · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
2,314 m²
Building footprint
1,338 m²
Volume, LiDAR
6,544 m³
Parcel 11602C0027/00P020, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Jelle Verlinden
Koningin Astridlaan 115, 2550 KontichOther educational support services
since 20232.342.815.066
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11602C0027/00P020 Flanders 2,314 m² 1 · 1,338 m² 9.5 m · 2 fl.
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.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. Kids of Tomorrow 100%
  2. PEDCO

Highest known parent: Kids of Tomorrow. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts 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.

Similar companies · same sector, comparable size

Of 949 companies in sector 85699 we hold annual accounts for 147. 36 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded09-02-2023
Fiscal year end31-12
Activities, NACEBEL 2025
85699Other educational support services
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
73300Public relations and communication consultancy
86931Psychology services
88911Day nurseries and crèches
Contact
E-mail creche.facturatie@gmail.comKontich
E-invoicing
Reachable via Peppol
Peppol ID 0208:0798291588

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.