PEE & CO
ActiveSummary
PEE & CO has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €115,986 and a net result of €43,941. Equity is growing by ~10.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability92▲+18
Solvency73=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.89 in 2023; short-term debt: 20.7% and cash: 24.8% of total assets), and 51.8% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three 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 · 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 · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 d early
2024
36 d early
2023
50 d early
2022
26 d early
2021
33 d early
2020
22 d early
2019
32 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 33 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% 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 26 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Equity
€115,986▲ 39.7%
2023 · €83,045
Total assets
€240,641▲ 40.2%
2023 · €171,634
Net result
€43,941▲ 507%
2023 · €7,242
Working capital
€15,441▼ 46.0%
2023 · €28,611
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€19,105▲ 50.4%€16,030▼ 16.1%-€5,447€15,532€61,447▲ 296%
Net result€13,139within the sector's middle half▲ 358%€10,448within the sector's middle half▼ 20.5%-€9,646below the sector's middle half€7,242within the sector's middle half€43,941above the sector's middle half▲ 507%
Equity€76,601above the sector's middle half▲ 20.7%€85,450above the sector's middle half▲ 11.6%€75,804within the sector's middle half▼ 11.3%€83,045above the sector's middle half▲ 9.6%€115,986above the sector's middle half▲ 39.7%
Total assets€148,115within the sector's middle half▲ 5.9%€212,663within the sector's middle half▲ 43.6%€189,190within the sector's middle half▼ 11.0%€171,634within the sector's middle half▼ 9.3%€240,641above the sector's middle half▲ 40.2%
Debt€71,514▼ 6.3%€127,214▲ 77.9%€113,387▼ 10.9%€88,589▼ 21.9%€124,654▲ 40.7%
Working capital-€11,301within the sector's middle half▲ 48.9%€1,764within the sector's middle half€4,085within the sector's middle half▲ 132%€28,611within the sector's middle half▲ 600%€15,441within the sector's middle half▼ 46.0%
Solvency51.7%within the sector's middle half▲ 6.3pp40.2%within the sector's middle half▼ 11.5pp40.1%within the sector's middle half▼ 0.1pp48.4%within the sector's middle half▲ 8.3pp48.2%within the sector's middle half▼ 0.2pp
Current ratio0.61within the sector's middle half▲ 0.211.05within the sector's middle half▲ 0.451.11within the sector's middle half▲ 0.061.89within the sector's middle half▲ 0.781.31within the sector's middle half▼ 0.58
Return on assets (ROA)8.9%within the sector's middle half▲ 6.8pp4.9%within the sector's middle half▼ 4.0pp-5.1%within the sector's middle half▼ 10.0pp4.2%within the sector's middle half▲ 9.3pp18.3%above the sector's middle half▲ 14.0pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, 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
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 296% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €240,641
Fixed assets
€175,484 ▲ 58.0%
Current assets
€65,157 ▲ 7.5%
Equity and liabilities €240,641
Equity
€115,986 ▲ 39.7%
Debt
€124,654 ▲ 40.7%
Debt's share of the balance-sheet total rises from 51.6% to 51.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€101,522▲
2023 · €57,332
Cash flow
€84,016▲
2023 · €49,042
Quick ratio
1.26▼
2023 · 1.83
Debt to equity
1.07▲
2023 · 1.07
ROE
37.9%▲
2023 · 8.7%
Interest coverage
24.42▲
2023 · 15.83
Debt ≤ 1 year
€49,716▲
2023 · €31,982
Debt > 1 year
€74,938▲
2023 · €56,607
Income taxes
€13,353▲
2023 · €4,669
Staff costs
€0▼
2023 · €1,825
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.4% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.8% |
| 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 31,371 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €10,000 | - | - | €26,000 | - |
| Remuneration, social security and pensions62 | - | - | - | €1,825 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €27,484 | €31,709 | €40,653 | €41,800 | €40,075 | ▼ 4.1% |
| Other operating charges640/8 | - | €3,532 | €4,150 | €4,280 | €4,289 | ▲ 0.2% |
| Gross operating margin9900 | €50,477 | €51,271 | €39,356 | €63,437 | €105,811 | ▲ 66.8% |
| Operating profit (loss)9901 | €19,105 | €16,030 | -€5,447 | €15,532 | €61,447 | ▲ 296% |
| Financial income75/76B | - | - | - | - | €3 | - |
| Recurring financial income75 | - | - | - | - | €3 | - |
| Financial charges65/66B | - | €3,759 | €3,719 | €3,622 | €4,157 | ▲ 14.8% |
| Recurring financial charges65 | €2,470 | €3,759 | €3,719 | €3,622 | €4,157 | ▲ 14.8% |
| Profit (loss) for the period before taxes9903 | €16,634 | €12,271 | -€9,165 | €11,910 | €57,294 | ▲ 381% |
| Income taxes67/77 | €3,495 | €1,823 | €481 | €4,669 | €13,353 | ▲ 186% |
| Profit (loss) for the period9904 | €13,139 | €10,448 | -€9,646 | €7,242 | €43,941 | ▲ 507% |
| Profit (loss) for the period to be appropriated9905 | €13,139 | €10,448 | -€9,646 | €7,242 | €43,941 | ▲ 507% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €148,115 | €212,663 | €189,190 | €171,634 | €240,641 | ▲ 40.2% |
| Fixed assets21/28 | €130,764 | €176,672 | €149,253 | €111,041 | €175,484 | ▲ 58.0% |
| Tangible fixed assets22/27 | €130,764 | €176,672 | €149,253 | €111,041 | €175,484 | ▲ 58.0% |
| Land and buildings22 | - | - | €10,302 | €8,017 | €5,732 | ▼ 28.5% |
| Plant, machinery and equipment23 | - | €68,214 | €61,222 | €56,346 | €50,944 | ▼ 9.6% |
| Furniture and vehicles24 | - | €23,245 | €11,841 | €914 | €93,041 | ▲ 10,083% |
| Other tangible fixed assets26 | - | €85,213 | €65,889 | €45,764 | €25,766 | ▼ 43.7% |
| Current assets29/58 | €17,352 | €35,991 | €39,938 | €60,593 | €65,157 | ▲ 7.5% |
| Stocks and contracts in progress3 | €1,197 | €1,735 | €1,388 | €2,206 | €2,639 | ▲ 19.6% |
| Stocks30/36 | - | €1,735 | €1,388 | €2,206 | €2,639 | ▲ 19.6% |
| Amounts receivable within one year40/41 | €770 | €12,561 | €9,542 | €24 | €45 | ▲ 87.5% |
| Trade receivables40 | - | - | - | €24 | €45 | ▲ 87.5% |
| Other amounts receivable41 | - | €12,561 | €9,542 | €0 | - | - |
| Cash at bank and in hand54/58 | €13,671 | €19,787 | €27,008 | €56,214 | €59,605 | ▲ 6.0% |
| Deferred charges and accrued income490/1 | - | €1,909 | €1,999 | €2,149 | €2,868 | ▲ 33.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €148,115 | €212,663 | €189,190 | €171,634 | €240,641 | ▲ 40.2% |
| Equity10/15 | €76,601 | €85,450 | €75,804 | €83,045 | €115,986 | ▲ 39.7% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €58,001 | €66,850 | €57,204 | €64,445 | €97,386 | ▲ 51.1% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | - | €64,990 | €55,344 | €64,445 | €97,386 | ▲ 51.1% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | - |
| Amounts payable17/49 | €71,514 | €127,214 | €113,387 | €88,589 | €124,654 | ▲ 40.7% |
| Amounts payable after more than one year17 | €42,861 | €92,986 | €77,534 | €56,607 | €74,938 | ▲ 32.4% |
| Financial debts170/4 | - | €92,986 | €77,534 | €56,607 | €74,938 | ▲ 32.4% |
| Amounts payable within one year42/48 | €28,653 | €34,228 | €35,852 | €31,982 | €49,716 | ▲ 55.5% |
| Current portion of amounts payable after more than one year42 | - | €21,683 | €23,823 | €20,927 | €23,232 | ▲ 11.0% |
| Trade debts44 | €4,278 | €2,299 | - | €1,774 | €922 | ▼ 48.0% |
| Suppliers440/4 | - | €2,299 | - | €1,774 | €922 | ▼ 48.0% |
| Taxes, remuneration and social security45 | - | - | €3,930 | €5,995 | €8,108 | ▲ 35.3% |
| Taxes450/3 | - | - | €3,930 | €5,995 | €8,108 | ▲ 35.3% |
| Other amounts payable47/48 | - | €10,245 | €8,099 | €3,286 | €17,454 | ▲ 431% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,139 | €10,448 | -€9,646 | €7,242 | €43,941 | ▲ 507% |
| + Depreciation and write-downs630 | €27,484 | €31,709 | €40,653 | €41,800 | €40,075 | ▼ 4.1% |
| Operating cash flow (approximation) | €40,623 | €42,158 | €31,007 | €49,042 | €84,016 | ▲ 71.3% |
| Investment in fixed assets (approximation) | - | -€77,618 | -€13,234 | -€3,589 | -€104,517 | ▼ 2,813% |
| Change in cash | - | €6,116 | €7,221 | €29,205 | €3,392 | ▼ 88.4% |
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
26-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €43,941 ▲507%
Operating result €61,447, net result €43,941, both a record.
31-12
Financial
Equity above €100,000Eq €115,986 ▲39.7%
2 profitable years in a row build equity to €115,986.
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €7,242
Net result €7,242 after one loss-making year.
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€9,646
Net result drops to -€9,646, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Heist-op-den-Berg · 1 establishment unit since 2005
Ground area
612 m²
Building footprint
132 m²
Volume, LiDAR
977 m³
Parcel 12033A0619/00D000, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PEE & CO
since 20052.146.898.723
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12033A0619/00D000 | Flanders | 612 m² | 1 · 132 m² | 12.0 m · 3 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 siteHeist-op-den-Berg2.146.898.723
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Of 21,853 companies in sector 56112 we hold annual accounts for 9,781. 7,620 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
Founded18-04-2005
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0873464907
Also
9925:BE0873464907
Registered
12-06-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.