PEGAL
ActiveThe computed 12-month bankruptcy probability of PEGAL is 13.3% (high). The 2025 annual accounts show negative equity (€-96k) and a net result of €-4k. Equity is shrinking by ~100.6% per year across the filed fiscal years. Its solvency ranks better than 6% of 13270 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
10
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability10▲+2
Solvency0=
Growth58=
Track record94
Bankruptcy probability, 12 months
13.3%
High
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.1 against 0.27 in 2024; short-term debt: 346.3% and cash: 6.1% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+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
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
-246.3%
Return on assets
-11.1%
Age of the figures
18 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year €-96k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-09-2025, 31 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
31 d early
2024
334 d late
2023
52 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close21-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€-96k▼ 120%
2024 · €-44k
2023: €-8k
2024: €-44k
2023 → 2025
Total assets
€39k▼ 23.1%
2024 · €51k
2023: €33k
2024: €51k
2023 → 2025
Net result
€-4k▲ 29.0%
2024 · €-6k
2023: €-23k
2024: €-6k
2023 → 2025
Working capital
€-122k▼ 77.2%
2024 · €-69k
2023: €-34k
2024: €-69k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€-8k-€-44k▼ 428%€-96k▼ 120%
Operating result€-23k-€-6k▲ 73.4%€-4k▲ 28.9%
Net result€-23k-€-6k▲ 73.8%€-4k▲ 29.0%
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 €4k in 2025 against €6k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €39k
Fixed assets
€25k=
Current assets
€14k▼ 45.9%
Key figures and ratios
Solvency
-246.3%▼
2024 · -86.0%
Current ratio
0.10▼
2024 · 0.27
Quick ratio
0.08▼
2024 · 0.24
Debt / equity
-1.41▲
2024 · -2.16
ROA
-11.1%▲
2024 · -12.0%
Debt
€136k▲
2024 · €95k
Debt ≤ 1 year
€136k▲
2024 · €94k
Staff costs
€2k▼
2024 · €2k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€51k€39k▼
Fixed assets21/28€25k€25k=
Intangible fixed assets21€911€911=
Tangible fixed assets22/27€24k€24k=
Furniture and vehicles24€24k€24k=
Financial fixed assets28€249€249=
Current assets29/58€26k€14k▼
Stocks and contracts in progress3€3k€3k=
Stocks30/36€3k€3k=
Amounts receivable within one year40/41€22k€7k▼
Trade receivables40€22k-
Other amounts receivable41-€7k
Cash at bank and in hand54/58-€2k
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€51k€39k▼
Equity10/15€-44k€-96k▼
Contributions10/11€15k€15k=
Capital10€15k€15k=
Issued capital100€15k€15k=
Profit (loss) carried forward14€-59k€-111k▼
Amounts payable17/49€95k€136k▲
Amounts payable within one year42/48€94k€136k▲
Financial debts43€16k-
Credit institutions430/8€16k-
Trade debts44€13k€15k▲
Suppliers440/4€13k€15k▲
Taxes, remuneration and social security45€4k€3k▼
Taxes450/3€4k€3k▼
Other amounts payable47/48€61k€117k▲
Accrued charges and deferred income492/3€378-
Income statement
Code20242025
Remuneration, social security and pensions62€2k€2k▼
Gross operating margin9900€-4k€-2k▲
Operating profit (loss)9901€-6k€-4k▲
Financial charges65/66B€8-
Recurring financial charges65€8-
Profit (loss) for the period before taxes9903€-6k€-4k▲
Profit (loss) for the period9904€-6k€-4k▲
Profit (loss) for the period to be appropriated9905€-6k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-59k€-111k▼
Profit (loss) brought forward from the previous period14P€-53k€-107k▼
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
Next filing, fiscal year 2026, expected by
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 334 days late
2023
22-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 52 days late
NBB filing
Directors · office · real estate
Directors
6 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, Brussel · 1 establishment unit since 2022
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.
Archimedesstraat 551000 BrusselGround area
173 m²
Building footprint
103 m²
Volume, LiDAR
1,005 m³
Parcel 21806F0292/00A009, Brussels · tallest building 17.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
PEGAL
since 20222.330.854.768
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21806F0292/00A009 | Brussels | 173 m² | 1 · 103 m² | 17.6 m · 4 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrussel2.330.854.768
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 21,896 companies in sector 56112 we hold annual accounts for 9,785.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-04-2022
Fiscal year end31-03
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.