PEETERS M

Active

Private limited companyfounded 200223 yrs activeVelle 70, 9140 Temse, BelgiumKBO/BCE: BE 0479.049.742

The computed 12-month bankruptcy probability of PEETERS M is 1.8% (moderate). The 2024 annual accounts show negative equity (€-41k) and a net result of €-44k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 6717 sector peers (fiscal year 2024). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

20 / 100

Critical

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0▼-3

Solvency0▼-28

Growth32=

Track record100

Bankruptcy probability, 12 months

1.8% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.3 against 0.38 in 2023; short-term debt: 104.6% and cash: 1% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 49

Relative position

BE, all sectors

reference

Sector 49

higher

← fewer bankruptcies more bankruptcies →

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 2024

Solvency, return and age of the figures

Solvency

-25.1%

Return on assets

-26.9%

Age of the figures

21 mo

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Negative equity

The 2024 annual accounts show negative equity and a net loss.

NBB · annual accounts 2024

Equity per financial year

18192021222324

2018 to 2024 · latest year €-41k

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 filings

Deviation from the deadline

2025

not confirmed

2024

28 d late

2023

29 d late

2022

107 d late

2021

107 d late

2020

236 d late

2019

80 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€-41k

2023 · €3k

2018: €91k 2019: €93k 2020: €40k 2021: €6k 2022: €18k 2023: €3k

2018 → 2024

Total assets

€163k▲ 39.5%

2023 · €117k

2018: €130k 2019: €201k 2020: €202k 2021: €125k 2022: €116k 2023: €117k

2018 → 2024

Net result

€-44k▼ 200%

2023 · €-15k

2018: €9k 2019: €2k 2020: €-53k 2021: €-33k 2022: €11k 2023: €-15k

2018 → 2024

Working capital

€-120k▼ 71.1%

2023 · €-70k

2018: €11k 2019: €-21k 2020: €-103k 2021: €-79k 2022: €-61k 2023: €-70k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€40k-€6k▼ 83.7%€18k▲ 172%€3k▼ 83.1%€-41k

Operating result€-48k-€-30k▲ 38.2%€14k€-10k€-40k▼ 296%

Net result€-53k-€-33k▲ 37.4%€11k€-15k€-44k▼ 200%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €40k in 2024 against €10k in 2023; the loss grows.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €163k

69.1%

30.9%

Fixed assets €113k▲ 53.9%

Current assets €50k▲ 15.3%

Key figures and ratios

2024 value · change against 2023

EBITDA

€-28k▼

2023 · €-2k

Cash flow

€-32k▼

2023 · €-7k

Solvency

-25.1%▼

2023 · 2.5%

Current ratio

0.30▼

2023 · 0.38

Quick ratio

0.30▼

2023 · 0.38

Debt / equity

-4.99▼

2023 · 38.31

ROA

-26.9%▼

2023 · -12.5%

Interest coverage

-6.47▼

2023 · -0.49

Debt

€204k▲

2023 · €114k

Debt ≤ 1 year

€171k▲

2023 · €114k

Debt > 1 year

€33k

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€117k€163k▲

Fixed assets21/28€73k€113k▲

Tangible fixed assets22/27€72k€111k▲

Land and buildings22€1k€1k=

Plant, machinery and equipment23€2k€2k▼

Furniture and vehicles24€65k€59k▼

Leasing and similar rights25-€47k

Other tangible fixed assets26€3k€2k▼

Financial fixed assets28€2k€2k=

Current assets29/58€44k€50k▲

Amounts receivable within one year40/41€23k€49k▲

Trade receivables40€11k€39k▲

Other amounts receivable41€11k€10k▼

Cash at bank and in hand54/58€21k€2k▼

Deferred charges and accrued income490/1€266€146▼

Equity and liabilities

Total equity and liabilities10/49€117k€163k▲

Equity10/15€3k€-41k▼

Contributions10/11€71k€71k=

Reserves13€8k€8k=

Non-distributable reserves130/1€8k€8k=

Other1319€8k€8k=

Profit (loss) carried forward14€-77k€-120k▼

Amounts payable17/49€114k€204k▲

Amounts payable after more than one year17-€33k

Financial debts170/4-€33k

Amounts payable within one year42/48€114k€171k▲

Current portion of amounts payable after more than one year42€5k€8k▲

Financial debts43€10k€11k▲

Credit institutions430/8€10k€11k▲

Trade debts44€15k€8k▼

Suppliers440/4€15k€8k▼

Advances received on contracts in progress46-€47k

Taxes, remuneration and social security45€21k€17k▼

Taxes450/3€21k€17k▼

Other amounts payable47/48€64k€80k▲

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€12k▲

Other operating charges640/8€3k€2k▼

Gross operating margin9900€570€-26k▼

Operating profit (loss)9901€-10k€-40k▼

Financial income75/76B€88€48▼

Recurring financial income75€88€48▼

Financial charges65/66B€5k€4k▼

Recurring financial charges65€5k€4k▼

Profit (loss) for the period before taxes9903€-15k€-44k▼

Profit (loss) for the period9904€-15k€-44k▼

Profit (loss) for the period to be appropriated9905€-15k€-44k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-77k€-120k▼

Profit (loss) brought forward from the previous period14P€-62k€-77k▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 13Financial 2Gazette 1Filings 10

2026

24-03

State Gazette act Resignations & appointments

General meeting · Director resignation · Director discharge3 facts ▸

General meeting, 09/03/2026
Director resignation, Vael Tania (bestuurder)
Director discharge, Vael Tania

2025

28-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 28 days late

2024

29-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 29 days late

2023

15-11

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 107 days late

2022

31-12

Financial Back to profitnet €11k

Net result €11k after 2 loss-making years.

15-11

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 107 days late

24-03

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 236 days late

2020

31-12

Financial Weakest financial yearnet €-53k ▼2251%

Net result drops to €-53k, the lowest in the series; recovery starts the following year.

19-10

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 80 days late

2019

30-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 30 days late

2018

30-07

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

30-08

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 30 days late

2016

25-08

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema · 25 days late

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2026

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

01-04-2026 Vael Tania: Resigned as Director

03-11-2025 Peeters Kenn: Resigned as Director

Location & real-estate footprint

Registered office, Temse · 1 establishment unit since 2003

establishment The establishment unit on the map

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.

Velle 709140 Temse

Ground area

129 m²

Building footprint

129 m²