PEDEO
PEDEO has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €712k and a net result of €-20k. Equity is shrinking by ~17.5% per year across the filed fiscal years. Its solvency ranks better than 15% of 127 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
| Equity | €712k |
| Net result | €-20k |
| Staff (FTE) | 60.2 |
| Better than sector | 15% |
Mixed profile: strong on stability, weaker on solvency.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 14.9% | 42.3% | |
| Net result | €-20k | €180k | |
| Equity | €712k | €4.39M | |
| Staff costs | €3.56M | €3.13M | |
| Employees (FTE) | 60.2 | 41.7 |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Deposit | full schema | full schema | full schema | full schema | full schema |
| Revenue | €10.42M | €9.54M | €11.29M | €10.15M | €8.71M |
| EBITDA | €895k | €583k | €219k | €887k | €778k |
| Net profit | €-20k | €-322k | €-441k | €294k | €-380k |
| Cash flow | €743k | €430k | €158k | €840k | €214k |
| Staff costs | €3.56M | €3.53M | €3.71M | €3.61M | - |
| Income taxes | €1k | €2k | €3k | €2k | €2k |
| Dividends | - | - | - | - | - |
| Total assets | €4.76M | €5.38M | €5.92M | €5.03M | €4.83M |
| Equity | €712k | €746k | €1.08M | €1.54M | €1.26M |
| Debt | €3.90M | €4.44M | €4.68M | €3.39M | €3.39M |
| of which ≤ 1y | €3.04M | €3.20M | €3.62M | €2.41M | €2.22M |
| of which > 1y | €838k | €1.23M | €1.06M | €978k | €1.17M |
| Working capital | €-596k | €-502k | €-454k | €173k | €128k |
| Employees (FTE) | 60.2 | 66.0 | 69.0 | 67.2 | 65.9 |
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Current ratio | 0.80 | 0.84 | 0.87 | 1.07 | 1.06 |
| Quick ratio | 0.16 | 0.22 | 0.31 | 0.26 | 0.32 |
| Working capital ratio | -12.5% | -9.3% | -7.7% | 3.4% | 2.6% |
| Solvency | 14.9% | 13.9% | 18.3% | 30.6% | 26.0% |
| Debt / equity | 5.49 | 5.95 | 4.33 | 2.20 | 0.93 |
| Long-term debt ratio | 1.18 | 1.65 | 0.98 | 0.64 | 0.93 |
| Interest coverage | 5.91 | 3.93 | 3.43 | 17.53 | 14.68 |
| Gross margin | 65.2% | 64.6% | 60.4% | 61.4% | - |
| Net margin | -0.2% | -3.4% | -3.9% | 2.9% | -4.4% |
| ROA | -0.4% | -6.0% | -7.4% | 5.9% | -7.8% |
| ROE | -2.9% | -43.2% | -40.8% | 19.2% | -30.2% |
| EBITDA margin | 8.6% | 6.1% | 1.9% | 8.7% | 8.9% |
| Days sales outstanding | 13d | 18d | 30d | 18d | 26d |
| Days payable outstanding | 129d | 132d | 164d | 96d | - |
| Inventory turnover | 1.85 | 1.70 | 2.18 | 2.00 | - |
| Days inventory (DSI) | 198d | 215d | 168d | 182d | - |
Full annual accounts (26 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €4.76M | €5.38M | €5.92M | €5.03M | €4.83M |
| Fixed assets | 21/28 | €2.31M | €2.68M | €2.76M | €2.45M | €2.49M |
| Intangible fixed assets | 21 | €56k | €126k | €222k | €116k | €29k |
| Tangible fixed assets | 22/27 | €2.26M | €2.56M | €2.54M | €2.33M | €2.46M |
| Current assets | 29/58 | €2.45M | €2.70M | €3.16M | €2.58M | €2.35M |
| Stocks & contracts in progress | 3 | €1.96M | €1.99M | €2.05M | €1.96M | €1.64M |
| Amounts receivable within one year | 40/41 | €361k | €462k | €939k | €535k | €615k |
| Cash & bank | 54/58 | €17k | €97k | €13k | €10k | €22k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4.76M | €5.38M | €5.92M | €5.03M | €4.83M |
| Equity | 10/15 | €712k | €746k | €1.08M | €1.54M | €1.26M |
| Contributions / capital | 10/11 | €1.40M | €1.40M | €1.40M | €1.40M | €1.40M |
| Reserves | 13 | €140k | €140k | €140k | €140k | €140k |
| Accumulated profits (losses) | 14 | €-869k | €-848k | €-526k | €-85k | €-380k |
| Provisions & deferred taxes | 16 | €144k | €195k | €158k | €107k | €187k |
| Amounts payable | 17/49 | €3.90M | €4.44M | €4.68M | €3.39M | €3.39M |
| Amounts payable after one year | 17 | €838k | €1.23M | €1.06M | €978k | €1.17M |
| Amounts payable within one year | 42/48 | €3.04M | €3.20M | €3.62M | €2.41M | €2.22M |
| Trade debts payable within one year | 44 | €1.28M | €1.22M | €2.00M | €1.03M | €979k |
| Income statement | ||||||
| Turnover | 70 | €10.42M | €9.54M | €11.29M | €10.15M | €8.71M |
| Operating result | 9901 | €132k | €-169k | €-379k | €342k | €184k |
| Financial income | 75 | €29k | €25k | €32k | €35k | €31k |
| Financial charges | 65 | €180k | €176k | €91k | €80k | €78k |
| Result before taxes | 9903 | €-19k | €-320k | €-439k | €297k | €137k |
| Income taxes | 67/77 | €1k | €2k | €3k | €2k | €2k |
| Net result for the period | 9904 | €-20k | €-322k | €-441k | €294k | €136k |
| Result to be appropriated | 9905 | €-20k | €-322k | €-441k | €294k | €136k |
| NACE primary | Manufacture of basic metals(24530) |
| Legal form | Public limited company(014) |
| Incorporation | 12-04-1991 |
| Status | Active |
| Postal code | 9700 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45502B0645/00E000 | Flanders | 1.7 ha | 1 · 7,707 m² | 8.0 m · 2 fl. |
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
28-03-2024 Baker Tilly Bedrijfsrevisoren BV reappointed as statutory auditor
- Baker Tilly Bedrijfsrevisoren BV, Commissaris
Technical details
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}| Legal nameNL | PEDEO |