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PEEV

Active
Private limited companyfounded 2023active for 3 yearsKoningin Astridlaan 16, 3500 Hasselt, BelgiumKBO/BCE: BE 0801.549.701

From the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

PEEV has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €225,258 and a net result of €89,846. Equity has been growing by about 60% per year since 2023. Its solvency ranks better than 95% of 20,678 sector peers (NACE 86, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
26-06-2026
Format
micro format
Reference
2026-00229814
Turnover
≈ €300,000
Estimated: probably between €220,000 and €350,000
Total assets
€229,258▲ 39.9%
2024 · €163,902
Net result
€89,846▲ 18.6%
2024 · €75,741
Working capital
€221,819▲ 65.8%
2024 · €133,790
Trend over the years

2023 to 2025, 3 financial years

The operating result for 2025 is 19% higher than in 2024 and the highest since 2023. It is the second rise in a row.

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Operating result€116,139 2025 Net result€89,846 2025

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

The sector band is the middle half of the companies in Human health activities (NACE 86). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202320242025
Operating result€75,457-€97,739▲ 29.5%€116,139▲ 18.8%
Net result€59,338within the sector's middle half-€75,741within the sector's middle half▲ 27.6%€89,846within the sector's middle half▲ 18.6%
Equity€61,338within the sector's middle half-€136,245within the sector's middle half▲ 122%€225,258within the sector's middle half▲ 65.3%
Total assets€90,206below the sector's middle half-€163,902within the sector's middle half▲ 81.7%€229,258within the sector's middle half▲ 39.9%
Debt€28,868-€27,657▼ 4.2%€4,000▼ 85.5%
Working capital€60,492within the sector's middle half-€133,790within the sector's middle half▲ 121%€221,819within the sector's middle half▲ 65.8%
Solvency68.0%within the sector's middle half-83.1%within the sector's middle half▲ 15.1pp98.3%above the sector's middle half▲ 15.1pp
Current ratio3.10within the sector's middle half-5.84within the sector's middle half▲ 2.7456.46above the sector's middle half▲ 50.62
Return on assets (ROA)65.8%above the sector's middle half-46.2%above the sector's middle half▼ 19.6pp39.2%within the sector's middle half▼ 7.0pp
above within below The sector band is the middle half of the companies in Human health activities (NACE 86). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €229,258
Fixed assets €3,440 ▲ 40.1%
Current assets €225,819 ▲ 39.9%
Equity and liabilities €229,258
Equity €225,258 ▲ 65.3%
Debt €4,000 ▼ 85.5%
Debt's share of the balance-sheet total falls from 16.9% to 1.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€117,908▲
2024 · €99,021
Cash flow
€91,614▲
2024 · €77,022
Debt to equity
0.02▼
2024 · 0.20
ROE
39.9%▼
2024 · 55.6%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€4,000▼
2024 · €27,657
Income taxes
€26,003▲
2024 · €21,146
Staff costs
€2,285▲
2024 · €2,266
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Companies with the same profile, two years later

Historical observation

In July 2024, 39,278 companies had the same profile as PEEV has now. Two years later, 1.8% had gone bankrupt and 95.9% were still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% was still going

The bankruptcy probability of PEEV itself is lower: < 0.1% within 12 months. It rests on far more data about PEEV than the profile alone.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,278 companies, not a prediction for PEEV. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines

Source: Annual accounts 2025 at the NBB, filed on 26-06-2026.

Balance sheet Code20242025
Assets
Total assets20/58€163,902€229,258▲
Fixed assets21/28€2,455€3,440▲
Tangible fixed assets22/27€2,455€3,440▲
Plant, machinery and equipment23€1,971€1,008▼
Furniture and vehicles24€484€2,432▲
Current assets29/58€161,447€225,819▲
Amounts receivable within one year40/41€23,217€25,228▲
Trade receivables40€16,862€16,377▼
Other amounts receivable41€6,354€8,852▲
Cash at bank and in hand54/58€138,230€200,590▲
Equity and liabilities
Total equity and liabilities10/49€163,902€229,258▲
Equity10/15€136,245€225,258▲
Contributions10/11€2,000€2,000=
Reserves13€134,245€223,258▲
Distributable reserves133€134,245€223,258▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€27,657€4,000▼
Amounts payable within one year42/48€27,657€4,000▼
Trade debts44€1,321€1,357▲
Suppliers440/4€1,321€1,357▲
Taxes, remuneration and social security45€16,330€74▼
Taxes450/3€16,330€74▼
Other amounts payable47/48€10,006€2,569▼
Income statement Code20242025
Remuneration, social security and pensions62€2,266€2,285▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,281€1,768▲
Other operating charges640/8€1,157€1,151▼
Gross operating margin9900€102,444€121,343▲
Operating profit (loss)9901€97,739€116,139▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€853€291▼
Recurring financial charges65€853€291▼
Profit (loss) for the period before taxes9903€96,886€115,849▲
Income taxes67/77€21,146€26,003▲
Profit (loss) for the period9904€75,741€89,846▲
Profit (loss) for the period to be appropriated9905€75,741€89,846▲
Appropriation of the result
Profit (loss) to be appropriated9906€75,741€89,846▲
Transfer from equity791/2€833€833=
Transfer to equity691/2€75,741€89,846▲
To other reserves6921€75,741€89,846▲
Profit to be distributed694/7€833€833=
Return on contributions (dividend)694€833€833=

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line202320242025Change
Remuneration, social security and pensions62€1,594€2,266€2,285▲ 0.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€242€1,281€1,768▲ 38.0%
Other operating charges640/8-€1,157€1,151▼ 0.5%
Gross operating margin9900€77,293€102,444€121,343▲ 18.4%
Operating profit (loss)9901€75,457€97,739€116,139▲ 18.8%
Financial income75/76B--€0-
Recurring financial income75--€0-
Financial charges65/66B€33€853€291▼ 65.9%
Recurring financial charges65€33€853€291▼ 65.9%
Profit (loss) for the period before taxes9903€75,424€96,886€115,849▲ 19.6%
Income taxes67/77€16,087€21,146€26,003▲ 23.0%
Profit (loss) for the period9904€59,338€75,741€89,846▲ 18.6%
Profit (loss) for the period to be appropriated9905€59,338€75,741€89,846▲ 18.6%
Line202320242025Change
Assets
Total assets20/58€90,206€163,902€229,258▲ 39.9%
Fixed assets21/28€846€2,455€3,440▲ 40.1%
Tangible fixed assets22/27€846€2,455€3,440▲ 40.1%
Plant, machinery and equipment23-€1,971€1,008▼ 48.9%
Furniture and vehicles24€846€484€2,432▲ 403%
Current assets29/58€89,359€161,447€225,819▲ 39.9%
Amounts receivable within one year40/41€13,535€23,217€25,228▲ 8.7%
Trade receivables40€13,535€16,862€16,377▼ 2.9%
Other amounts receivable41-€6,354€8,852▲ 39.3%
Cash at bank and in hand54/58€75,824€138,230€200,590▲ 45.1%
Equity and liabilities
Total equity and liabilities10/49€90,206€163,902€229,258▲ 39.9%
Equity10/15€61,338€136,245€225,258▲ 65.3%
Contributions10/11€2,000€2,000€2,000=
Reserves13€59,338€134,245€223,258▲ 66.3%
Distributable reserves133€59,338€134,245€223,258▲ 66.3%
Profit (loss) carried forward14-€0€0-
Amounts payable17/49€28,868€27,657€4,000▼ 85.5%
Amounts payable within one year42/48€28,868€27,657€4,000▼ 85.5%
Trade debts44€1,342€1,321€1,357▲ 2.7%
Suppliers440/4€1,342€1,321€1,357▲ 2.7%
Taxes, remuneration and social security45€16,087€16,330€74▼ 99.5%
Taxes450/3€16,087€16,330€74▼ 99.5%
Other amounts payable47/48€11,439€10,006€2,569▼ 74.3%
Line202320242025Change
Profit (loss) for the period9904€59,338€75,741€89,846▲ 18.6%
+ Depreciation and write-downs630€242€1,281€1,768▲ 38.0%
Operating cash flow (approximation)€59,580€77,022€91,614▲ 18.9%
Investment in fixed assets (approximation)--€2,890-€2,753▲ 4.7%
Change in cash-€62,406€62,360▼ 0.1%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (3)
Financial year Type Filed Reference Document
31-12-2025 micro format 26-06-2026 2026-00229814 NBB
31-12-2024 micro format 07-07-2025 2025-00245667 PDF
31-12-2023 micro format 16-07-2024 2024-00254107 PDF

Comparable companies

These companies have the same main activity as PEEV: dental practice (NACE 86230). They are comparable in size and age: total assets between €197,000 and €251,000, founded between 2022 and 2023.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
PEEV Hasselt2023€229,258€225,258€121,343€89,8462025
Lien Loomans Tandarts Lommel2023€246,631€240,030€130,097€92,3392025
DENTLY Tongeren-Borgloon2022€250,619€159,213€113,132€58,9282025
ASTRA DENTAL Zonhoven2023€197,067€181,982€111,794€81,3062025
DB DENTAL Etterbeek2023€233,451€191,317€123,381€95,2312025
Levaro Mechelen2023€222,261€193,125€123,490€90,5682025
JEBA Dental Gent2023€233,472€204,462€123,713€94,7162025

They were chosen from the 4,415 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

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