PEDUSA
ActiveSummary
PEDUSA has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €229k and a net result of €41k. Equity is growing by ~19.1% per year across the filed fiscal years. Its solvency ranks better than 88% of 3705 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability86▲+6
Solvency100▲+3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 2.73 against 1.94 in 2024; short-term debt: 25.4% and cash: 24.7% of total assets), and 25.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% 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
74.6%
Return on assets
13.4%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 10 filingsDeviation from the deadline
2025
27 d late
2024
6 d early
2023
27 d late
2022
3 d early
2021
30 d late
2020
27 d late
2019
89 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€229k▲ 22.0%
2024 · €187k
2018: €52klowest in 8 years
2019: €62k▲ +18.7% vs 2018
2020: €56k▼ -8.8% vs 2019
2021: €115k▲ +105% vs 2020
2022: €149k▲ +29.6% vs 2021
2023: €163k▲ +9.2% vs 2022
2024: €187k▲ +15.0% vs 2023
2025: €229k▲ +22.0% vs 2024highest in 8 years
2018 → 2025
Total assets
€307k▲ 17.6%
2024 · €261k
2018: €78k
2019: €92k▲ +17.3% vs 2018
2020: €78k▼ -14.9% vs 2019lowest in 8 years
2021: €162k▲ +108% vs 2020
2022: €214k▲ +32.0% vs 2021
2023: €258k▲ +20.4% vs 2022
2024: €261k▲ +1.0% vs 2023
2025: €307k▲ +17.6% vs 2024highest in 8 years
2018 → 2025
Net result
€41k▲ 68.6%
2024 · €24k
2018: €25k
2019: €10k▼ -61.1% vs 2018
2020: €-5k▼ -156% vs 2019lowest in 8 years
2021: €59k▲ +1183% vs 2020highest in 8 years
2022: €34k▼ -42.3% vs 2021
2023: €14k▼ -59.5% vs 2022
2024: €24k▲ +76.9% vs 2023
2025: €41k▲ +68.6% vs 2024
2018 → 2025
Working capital
€135k▲ 95.8%
2024 · €69k
2018: €25klowest in 8 years
2019: €39k▲ +55.7% vs 2018
2020: €39k▼ -0.7% vs 2019
2021: €101k▲ +160% vs 2020
2022: €101k▲ +0.3% vs 2021
2023: €44k▼ -56.1% vs 2022
2024: €69k▲ +55.0% vs 2023
2025: €135k▲ +95.8% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€115k-€149k▲ 29.6%€163k▲ 9.2%€187k▲ 15.0%€229k▲ 22.0%
2021: €115klowest in 5 years
2022: €149k▲ +29.6% vs 2021
2023: €163k▲ +9.2% vs 2022
2024: €187k▲ +15.0% vs 2023
2025: €229k▲ +22.0% vs 2024highest in 5 years
Operating result€65k-€52k▼ 19.3%€20k▼ 61.0%€40k▲ 96.9%€63k▲ 58.2%
2021: €65khighest in 5 years
2022: €52k▼ -19.3% vs 2021
2023: €20k▼ -61.0% vs 2022lowest in 5 years
2024: €40k▲ +96.9% vs 2023
2025: €63k▲ +58.2% vs 2024
Net result€59k-€34k▼ 42.3%€14k▼ 59.5%€24k▲ 76.9%€41k▲ 68.6%
2021: €59khighest in 5 years
2022: €34k▼ -42.3% vs 2021
2023: €14k▼ -59.5% vs 2022lowest in 5 years
2024: €24k▲ +76.9% vs 2023
2025: €41k▲ +68.6% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 58% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €307k
Fixed assets
€94k ▼ 20.8%
Current assets
€213k ▲ 49.7%
Equity and liabilities €307k
Equity
€229k ▲ 22.0%
Debt
€78k ▲ 6.4%
Debt's share of the balance-sheet total falls from 28.1% to 25.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€88k▲
2024 · €65k
Cash flow
€66k▲
2024 · €49k
Current ratio
2.73▲
2024 · 1.94
Quick ratio
2.57▲
2024 · 1.85
Debt to equity
0.34▼
2024 · 0.39
ROE
18.0%▲
2024 · 13.0%
ROA
13.4%▲
2024 · 9.4%
Interest coverage
22.52▲
2024 · 22.10
Debt ≤ 1 year
€78k▲
2024 · €73k
Income taxes
€18k▲
2024 · €13k
Staff costs
€242k▲
2024 · €218k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€261k€307k▲
Fixed assets21/28€119k€94k▼
Tangible fixed assets22/27€112k€88k▼
Plant, machinery and equipment23€55k€38k▼
Furniture and vehicles24€10k€7k▼
Other tangible fixed assets26€48k€42k▼
Financial fixed assets28€6k€6k=
Current assets29/58€142k€213k▲
Stocks and contracts in progress3€7k€12k▲
Stocks30/36€7k€12k▲
Amounts receivable within one year40/41€22k€125k▲
Trade receivables40€17k-
Other amounts receivable41€4k€125k▲
Cash at bank and in hand54/58€114k€76k▼
Equity and liabilities
Total equity and liabilities10/49€261k€307k▲
Equity10/15€187k€229k▲
Contributions10/11€19k€19k=
Reserves13€38k€79k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€36k€77k▲
Profit (loss) carried forward14€131k€131k=
Amounts payable17/49€73k€78k▲
Amounts payable within one year42/48€73k€78k▲
Trade debts44-€13k
Suppliers440/4-€13k
Taxes, remuneration and social security45€58k€65k▲
Taxes450/3€23k€29k▲
Remuneration and social security454/9€35k€35k▲
Other amounts payable47/48€16k-
Income statement
Code20242025
Remuneration, social security and pensions62€218k€242k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€25k▼
Other operating charges640/8€3k€8k▲
Gross operating margin9900€286k€337k▲
Operating profit (loss)9901€40k€63k▲
Financial income75/76B€2-
Recurring financial income75€2-
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€37k€59k▲
Income taxes67/77€13k€18k▲
Profit (loss) for the period9904€24k€41k▲
Profit (loss) for the period to be appropriated9905€24k€41k▲
Appropriation of the result
Profit (loss) to be appropriated9906€155k€172k▲
Profit (loss) brought forward from the previous period14P€131k€131k=
Transfer to equity691/2€24k€41k▲
To other reserves6921€24k€41k▲
Social balance
Average headcount (FTE)90875.96.2▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €100k | €176k | €198k | €218k | €242k | ▲ 10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €6k | €12k | €25k | €25k | ▼ 0.7% |
| Other operating charges640/8 | €3k | €7k | €5k | €3k | €8k | ▲ 164% |
| Gross operating margin9900 | €173k | €241k | €236k | €286k | €337k | ▲ 18.0% |
| Operating profit (loss)9901 | €65k | €52k | €20k | €40k | €63k | ▲ 58.2% |
| Financial income75/76B | - | - | - | €2 | - | - |
| Recurring financial income75 | - | - | - | €2 | - | - |
| Financial charges65/66B | €585 | €501 | €2k | €3k | €4k | ▲ 33.0% |
| Recurring financial charges65 | €585 | €501 | €2k | €3k | €4k | ▲ 33.0% |
| Profit (loss) for the period before taxes9903 | €64k | €52k | €18k | €37k | €59k | ▲ 60.1% |
| Income taxes67/77 | €5k | €18k | €4k | €13k | €18k | ▲ 43.8% |
| Profit (loss) for the period9904 | €59k | €34k | €14k | €24k | €41k | ▲ 68.6% |
| Profit (loss) for the period to be appropriated9905 | €59k | €34k | €14k | €24k | €41k | ▲ 68.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €162k | €214k | €258k | €261k | €307k | ▲ 17.6% |
| Fixed assets21/28 | €15k | €48k | €119k | €119k | €94k | ▼ 20.8% |
| Tangible fixed assets22/27 | €8k | €42k | €112k | €112k | €88k | ▼ 22.0% |
| Plant, machinery and equipment23 | €3k | €35k | €54k | €55k | €38k | ▼ 29.8% |
| Furniture and vehicles24 | €3k | €6k | €5k | €10k | €7k | ▼ 30.8% |
| Other tangible fixed assets26 | €2k | €2k | €54k | €48k | €42k | ▼ 11.2% |
| Financial fixed assets28 | €6k | €6k | €6k | €6k | €6k | = |
| Current assets29/58 | €148k | €166k | €139k | €142k | €213k | ▲ 49.7% |
| Stocks and contracts in progress3 | €3k | €3k | €5k | €7k | €12k | ▲ 85.7% |
| Stocks30/36 | €3k | €3k | €5k | €7k | €12k | ▲ 85.7% |
| Amounts receivable within one year40/41 | €4k | €10k | €53k | €22k | €125k | ▲ 477% |
| Trade receivables40 | - | €6k | €45k | €17k | - | - |
| Other amounts receivable41 | €4k | €4k | €9k | €4k | €125k | ▲ 2,872% |
| Cash at bank and in hand54/58 | €140k | €154k | €77k | €114k | €76k | ▼ 33.5% |
| Deferred charges and accrued income490/1 | €712 | - | €4k | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €162k | €214k | €258k | €261k | €307k | ▲ 17.6% |
| Equity10/15 | €115k | €149k | €163k | €187k | €229k | ▲ 22.0% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €14k | €38k | €79k | ▲ 108% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | - | €12k | €36k | €77k | ▲ 114% |
| Profit (loss) carried forward14 | €95k | €129k | €131k | €131k | €131k | = |
| Amounts payable17/49 | €47k | €65k | €95k | €73k | €78k | ▲ 6.4% |
| Amounts payable within one year42/48 | €47k | €65k | €95k | €73k | €78k | ▲ 6.4% |
| Trade debts44 | €8k | €26k | €48k | - | €13k | - |
| Suppliers440/4 | €8k | €26k | €48k | - | €13k | - |
| Taxes, remuneration and social security45 | €35k | €31k | €37k | €58k | €65k | ▲ 12.0% |
| Taxes450/3 | €12k | €9k | €10k | €23k | €29k | ▲ 29.1% |
| Remuneration and social security454/9 | €23k | €22k | €27k | €35k | €35k | ▲ 0.9% |
| Other amounts payable47/48 | €4k | €8k | €11k | €16k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €59k | €34k | €14k | €24k | €41k | ▲ 68.6% |
| + Depreciation and write-downs630 | €5k | €6k | €12k | €25k | €25k | ▼ 0.7% |
| Operating cash flow (approximation) | €64k | €40k | €26k | €49k | €66k | ▲ 33.6% |
| Investment in fixed assets (approximation) | - | €-40k | €-83k | €-25k | €0 | ▲ 100% |
| Change in cash | - | €14k | €-77k | €37k | €-38k | ▼ 204% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
31-12
Financial
Equity above €200kEq €229k ▲22%
5 profitable years in a row build equity to €229k.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 27 days late
2023
31-12
Financial
Equity above €150kEq €163k ▲9.2%
3 profitable years in a row build equity to €163k.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
31-12
Financial
Back to profitnet €59k
Net result €59k after one loss-making year.
31-12
Financial
Equity above €100kEq €115k ▲105%
Equity rises from €56k to €115k.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
31-12
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 89 days late
Show earlier events
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 22 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Antwerpen · 1 establishment unit since 2014
Ground area
58 m²
Building footprint
58 m²
Volume, LiDAR
863 m³
Parcel 11802B0001/00T002, Flanders · tallest building 17.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
't Licht der Dokken
since 20142.224.828.523
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11802B0001/00T002 | Flanders | 58 m² | 1 · 58 m² | 17.2 m · 5 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.224.828.523
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Of 14,009 companies in sector 56301 we hold annual accounts for 4,892. 2,934 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 (pre-2019)
Founded10-12-2013
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
Scores and ratios are computed by Checked and are not a credit decision.