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PEETERS SOLID-SURFACE

Active
Private limited companyfounded 2021active for 4 yearsKBO/BCE: BE 0778.974.534
Summary

The computed 12-month bankruptcy probability of PEETERS SOLID-SURFACE is 12.5% (high). The 2025 annual accounts show negative equity (-€41,953) and a net result of -€31,173. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 34,234 sector peers (NACE 43, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

Financials · financial year 2025, micro format

Equity
-€41,953▼ 289%
2024 · -€10,780
Total assets
€67,887▲ 299%
2024 · €16,994
Net result
-€31,173▼ 345%
2024 · -€7,004
Working capital
-€57,079▼ 393%
2024 · -€11,586
Trend over the years

2022 to 2025, 4 financial years

The operating result stays negative: a loss of €31,098 in 2025 against €6,189 in 2024; the loss grows and 2025 has the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€31,098 2025 Net result-€31,173 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. 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 financial year before
favourable unfavourable
Line2022202320242025
Operating result-€14,158-€6,562-€6,189-€31,098▼ 402%
Net result-€14,670below the sector's middle half-€5,894within the sector's middle half-€7,004below the sector's middle half-€31,173below the sector's middle half▼ 345%
Equity-€9,670below the sector's middle half--€3,776below the sector's middle half▲ 61.0%-€10,780below the sector's middle half▼ 185%-€41,953below the sector's middle half▼ 289%
Total assets€11,785below the sector's middle half-€17,618below the sector's middle half▲ 49.5%€16,994below the sector's middle half▼ 3.5%€67,887within the sector's middle half▲ 299%
Debt€21,454-€21,394▼ 0.3%€27,774▲ 29.8%€109,840▲ 295%
Working capital-€7,759below the sector's middle half--€1,479below the sector's middle half▲ 80.9%-€11,586below the sector's middle half▼ 684%-€57,079below the sector's middle half▼ 393%
Solvency-82.1%below the sector's middle half--21.4%below the sector's middle half▲ 60.6pp-63.4%below the sector's middle half▼ 42.0pp-61.8%below the sector's middle half▲ 1.6pp
Current ratio0.57below the sector's middle half-0.92below the sector's middle half▲ 0.350.58below the sector's middle half▼ 0.330.48below the sector's middle half▼ 0.10
Return on assets (ROA)-124.5%below the sector's middle half-33.5%above the sector's middle half▲ 157.9pp-41.2%below the sector's middle half▼ 74.7pp-45.9%below the sector's middle half▼ 4.7pp
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
Assets €67,468
Fixed assets €14,707
Current assets €52,760
Equity and liabilities
Equity-€41,953
Debt€109,840
Equity is negative: debt (€109,840) exceeds the balance-sheet total (€67,887).
Key figures and ratios
2025 value · change against 2024
EBITDA
-€30,154▼
2024 · -€5,792
Cash flow
-€30,229▼
2024 · -€6,607
Interest coverage
-399.86▼
2024 · -6.61
Debt ≤ 1 year
€109,840▲
2024 · €27,774
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,639 companies that looked in July 2024 the way this one looks now, 8.8% went bankrupt within 24 months and 84.8% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.8% went bankrupt
5.6% stopped otherwise
84.8% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 12.5% 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 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 74.5% 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 7,639 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€16,994€67,887▲
Formation expenses20€806€419▼
Fixed assets21/28-€14,707
Tangible fixed assets22/27-€14,707
Plant, machinery and equipment23-€354
Furniture and vehicles24-€14,353
Current assets29/58€16,188€52,760▲
Amounts receivable within one year40/41€15,661€48,806▲
Trade receivables40€15,661€41,178▲
Other amounts receivable41-€7,628
Current investments50/53-€3,954
Cash at bank and in hand54/58€527-
Equity and liabilities
Total equity and liabilities10/49€16,994€67,887▲
Equity10/15-€10,780-€41,953▼
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€15,780-€46,953▼
Amounts payable17/49€27,774€109,840▲
Amounts payable within one year42/48€27,774€109,840▲
Financial debts43€32€32=
Credit institutions430/8€32€32=
Trade debts44€16,408€72,145▲
Suppliers440/4€16,408€72,145▲
Advances received on contracts in progress46-€350
Taxes, remuneration and social security45€1,312€2,399▲
Taxes450/3€771€1,858▲
Remuneration and social security454/9€541€541=
Other amounts payable47/48€10,023€34,913▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€397€944▲
Other operating charges640/8€1,255€5,021▲
Gross operating margin9900-€4,538-€25,133▼
Operating profit (loss)9901-€6,189-€31,098▼
Financial income75/76B€61-
Recurring financial income75€61-
Financial charges65/66B€876€75▼
Recurring financial charges65€876€75▼
Profit (loss) for the period before taxes9903-€7,004-€31,173▼
Profit (loss) for the period9904-€7,004-€31,173▼
Profit (loss) for the period to be appropriated9905-€7,004-€31,173▼
Appropriation of the result
Profit (loss) to be appropriated9906-€15,780-€46,953▼
Profit (loss) brought forward from the previous period14P-€8,776-€15,780▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€395€387€397€944▲ 138%
Other operating charges640/8€754€401€1,255€5,021▲ 300%
Gross operating margin9900-€13,009€7,350-€4,538-€25,133▼ 454%
Operating profit (loss)9901-€14,158€6,562-€6,189-€31,098▼ 402%
Financial income75/76B--€61--
Recurring financial income75--€61--
Financial charges65/66B€512€669€876€75▼ 91.4%
Recurring financial charges65€512€669€876€75▼ 91.4%
Profit (loss) for the period before taxes9903-€14,670€5,894-€7,004-€31,173▼ 345%
Profit (loss) for the period9904-€14,670€5,894-€7,004-€31,173▼ 345%
Profit (loss) for the period to be appropriated9905-€14,670€5,894-€7,004-€31,173▼ 345%
Line2022202320242025Change
Assets
Total assets20/58€11,785€17,618€16,994€67,887▲ 299%
Formation expenses20€1,589€1,203€806€419▼ 48.0%
Fixed assets21/28---€14,707-
Tangible fixed assets22/27---€14,707-
Plant, machinery and equipment23---€354-
Furniture and vehicles24---€14,353-
Current assets29/58€10,195€16,415€16,188€52,760▲ 226%
Amounts receivable within one year40/41€10,195€16,409€15,661€48,806▲ 212%
Trade receivables40€9,542€16,018€15,661€41,178▲ 163%
Other amounts receivable41€653€392-€7,628-
Current investments50/53-€6-€3,954-
Cash at bank and in hand54/58--€527--
Equity and liabilities
Total equity and liabilities10/49€11,785€17,618€16,994€67,887▲ 299%
Equity10/15-€9,670-€3,776-€10,780-€41,953▼ 289%
Contributions10/11€5,000€5,000€5,000€5,000=
Contributions outside capital11€5,000€5,000---
Other1109/19€5,000€5,000---
Profit (loss) carried forward14-€14,670-€8,776-€15,780-€46,953▼ 198%
Amounts payable17/49€21,454€21,394€27,774€109,840▲ 295%
Amounts payable after more than one year17€3,500€3,500---
Financial debts170/4€3,500€3,500---
Amounts payable within one year42/48€17,954€17,894€27,774€109,840▲ 295%
Financial debts43--€32€32=
Credit institutions430/8--€32€32=
Trade debts44€2,126€4,794€16,408€72,145▲ 340%
Suppliers440/4€2,126€4,794€16,408€72,145▲ 340%
Advances received on contracts in progress46---€350-
Taxes, remuneration and social security45€10,242€7,162€1,312€2,399▲ 82.9%
Taxes450/3--€771€1,858▲ 141%
Remuneration and social security454/9€10,242€7,162€541€541=
Other amounts payable47/48€5,586€5,937€10,023€34,913▲ 248%
Line2022202320242025Change
Profit (loss) for the period9904-€14,670€5,894-€7,004-€31,173▼ 345%
+ Depreciation and write-downs630€395€387€397€944▲ 138%
Operating cash flow (approximation)-€14,275€6,280-€6,607-€30,229▼ 358%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference
31-12-2025 micro format 22-07-2026 2026-00334832
31-12-2024 micro format 30-09-2025 2025-00530241
31-12-2023 micro format 20-06-2024 2024-00151720
31-12-2022 micro format 22-09-2023 2023-00451603

Similar companies · same sector

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector. Of the 7,223 active companies whose main activity is other building finishing work (NACE 43350), figures are known for 2,367. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.