PEELAERS FRANCIS
ActivePEELAERS FRANCIS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €65k and a net result of €-8k. Equity is growing by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 83% of 839 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability56▼-16
Solvency100▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.29 against 1.56 in 2023; short-term debt: 20.8% and cash: 26.7% of total assets), and 20.8% of the assets are financed with debt.
Credit advice for your own amount and term
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 32
Relative position
BE, all sectors
reference
Sector 32
lower
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
79.2%
Return on assets
-9.9%
Age of the figures
21 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 · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
19 d early
2022
19 d early
2021
30 d early
2020
31 d late
2019
15 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€65k▼ 11.1%
2023 · €73k
2018: €37k
2019: €44k
2020: €62k
2021: €72k
2022: €70k
2023: €73k
2018 → 2024
Total assets
€82k▼ 22.3%
2023 · €105k
2018: €53k
2019: €54k
2020: €72k
2021: €82k
2022: €78k
2023: €105k
2018 → 2024
Net result
€-8k
2023 · €3k
2018: €-12k
2019: €7k
2020: €18k
2021: €10k
2022: €-2k
2023: €3k
2018 → 2024
Working capital
€22k▲ 28.7%
2023 · €17k
2018: €2k
2019: €6k
2020: €16k
2021: €34k
2022: €35k
2023: €17k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€62k-€72k▲ 16.0%€70k▼ 3.1%€73k▲ 4.1%€65k▼ 11.1%
Operating result€21k-€14k▼ 32.6%€-2k€4k€-8k
Net result€18k-€10k▼ 45.5%€-2k€3k€-8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €8k after €4k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €82k
Fixed assets
€43k▼ 25.9%
Current assets
€39k▼ 17.9%
Equity and liabilities €82k
Equity
€65k▼ 11.1%
Debt
€17k▼ 47.5%
The debt ratio falls from 30.7% to 20.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€7k▼
2023 · €14k
Cash flow
€7k▼
2023 · €13k
Solvency
79.2%▲
2023 · 69.3%
Current ratio
2.29▲
2023 · 1.56
Quick ratio
1.67▲
2023 · 1.06
Debt / equity
0.26▼
2023 · 0.44
ROE
-12.5%▼
2023 · 3.9%
ROA
-9.9%▼
2023 · 2.7%
Interest coverage
107.01▼
2023 · 244.92
Debt
€17k▼
2023 · €32k
Debt ≤ 1 year
€17k▼
2023 · €30k
Income taxes
€479▼
2023 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€105k€82k▼
Fixed assets21/28€58k€43k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€58k€43k▼
Land and buildings22€3k€3k▼
Plant, machinery and equipment23€20k€12k▼
Furniture and vehicles24€35k€28k▼
Current assets29/58€48k€39k▼
Stocks and contracts in progress3€15k€11k▼
Stocks30/36€15k€11k▼
Amounts receivable within one year40/41€17k€6k▼
Trade receivables40€10k€6k▼
Other amounts receivable41€7k€9▼
Cash at bank and in hand54/58€14k€22k▲
Deferred charges and accrued income490/1€2k€923▼
Equity and liabilities
Total equity and liabilities10/49€105k€82k▼
Equity10/15€73k€65k▼
Contributions10/11€40k€40k=
Reserves13€33k€29k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€33k€29k▼
Profit (loss) carried forward14-€-4k
Amounts payable17/49€32k€17k▼
Amounts payable within one year42/48€30k€17k▼
Trade debts44€426€0▼
Suppliers440/4€426€0▼
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€2k€4k▲
Taxes450/3€2k€4k▲
Other amounts payable47/48€28k€13k▼
Accrued charges and deferred income492/3€2k€0▼
Income statement
Code20232024
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€15k▲
Other operating charges640/8€559€2k▲
Non-recurring operating charges66A€2k€0▼
Gross operating margin9900€17k€9k▼
Operating profit (loss)9901€4k€-8k▼
Financial income75/76B-€132
Recurring financial income75-€132
Financial charges65/66B€58€68▲
Recurring financial charges65€58€68▲
Profit (loss) for the period before taxes9903€4k€-8k▼
Income taxes67/77€1k€479▼
Profit (loss) for the period9904€3k€-8k▼
Profit (loss) for the period to be appropriated9905€3k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-8k▼
Transfer from equity791/2€0€4k▲
Transfer to equity691/2€3k€0▼
To other reserves6921€3k€0▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €18k ▲174%
Operating result €21k, net result €18k, both a record.
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
18-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Kuurne · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lijsternest 118520 KuurneGround area
850 m²
Building footprint
216 m²
Volume, LiDAR
1,183 m³
Parcel 34023B0337/00K000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PEELAERS FRANCIS
since 20112.204.436.252
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34023B0337/00K000 | Flanders | 850 m² | 1 · 216 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
EL - ER - ES
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JAN IBENS
BE 0821.294.149
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Toti Equestrian
BE 0789.278.310
Berlaar · Eq €67k
ELO BIJOUX
BE 0712.854.285
Gerpinnes · Eq €68k
J2 MUSIC
BE 0476.722.732
Holsbeek · Eq €61k
Of 1,530 companies in sector 32123 we hold annual accounts for 225. 183 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-11-2011
Fiscal year end31-12
Activities, NACEBEL
32123Manufacture of jewellery
32122Other manufacturing
46861Wholesale of diamonds and other precious stones
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.