The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 39,326 companies had the same profile as PedEC has now. Each dot stands for 99 companies, two years later.
95.7%
were still trading
2.4%
stopped another way
1.8%
went bankrupt
Micro
2 to 5 years old
solvency 30% or more
a profit of 5% of the balance sheet or more
Another 0.1% 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.
The companies in ten equal groups, from the lowest to the 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%
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 39,326 companies, not a prediction for PedEC. 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
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1001337037
Incorporation
Founding capital of €2,500, 100 shares · Founder: Hidden nameVisible after signing in · Appointment: Name after signing inVisible after signing in (director) · published on 20-10-2023 · Gazette deed
“Het ter beschikking stellen van alle nodige middelen aan de artsen- aandeelhouders” (deed in Dutch)From the articles, 6 activitiesNo NACE code in the KBO yet
PedEC has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €232,386 and a net result of €108,487.
The company number of PedEC is 1001.337.037. The VAT number is the same number with BE in front: BE 1001.337.037.
Where is PedEC based?
The registered office is at Eindekens 11, 2440 Geel.Company details
What is the legal form of PedEC?
PedEC is a private limited company (BV).
When was PedEC founded?
PedEC was founded on 18-10-2023.
Is PedEC still active?
Yes, PedEC is an active enterprise in the KBO register.
What is the turnover of PedEC?
The turnover in financial year 2025 is ≈ €370,000. This figure is estimated from the gross margin of €150,383 and 2,459 comparable companies of the same size. It probably lies between €250,000 and €580,000. It is a rough estimate.Financials
Is PedEC profitable?
In financial year 2025, PedEC made a profit of €108,487.
Where can I find the annual accounts of PedEC?
PedEC filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PedEC due?
PedEC must file the annual accounts for financial year 2026 by 30-04-2027.Timeline