Turnover
≈ €340,000 estimated
The micro format states no turnover.
Pegassi
Overview
Lifetime
1 annual account with figurespeak €136,732 (2025)
€136,732
peak €96,125 (2025)
€96,125
peak €27,696 (2025)
€27,696
€337,015
Board1 name since 2025
1 directorHUYBRECHT Sam
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Incorporation 27-01Dividend €71,4291 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsDebts
€337,015 92% of the balance sheet
Financial debts 40%Suppliers 24%Taxes and wages 9%Other 27%
Of this, €203,389 falls due within a year.
Position in the sector
€96,125
Higher net result than 95% of companies in film, video and music. Sector median €5,451 · 1,872 companies.
2025 accounts filed 31 days after the deadline
Checked score
67
Healthy
Financially stronger than 46% of micro companies in film, video and music (NACE 59)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 2,578 companies (NACE 59, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
02-2026: 1.0%
03-2026: 1.0%● unchanged vs 02-2026
04-2026: 1.1%▲ +0.1 percentage points vs 03-2026
05-2026: 1.1%● unchanged vs 04-2026
06-2026: 1.2%▲ +0.1 percentage points vs 05-2026
07-2026: 1.3%▲ +0.1 percentage points vs 06-2026highest value
08-2026: 1.3%● unchanged vs 07-2026highest value
09-2026: 0.9%▼ -0.4 percentage points vs 08-2026lowest value
10-2026: 0.9%● unchanged vs 09-2026
11-2026: 0.9%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
Founded in 2025
lowers risk
Sector: Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59)
Size: total assets €364,711
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 59, micro). It does better than 23% of them on solvency, 23% on liquidity and 92% on profitability.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 320 companies had the same profile as Pegassi has now. Each dot is one company, two years later.
96.3%
were still trading
2.5%
stopped another way
0.9%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Pegassi itself: 0.9% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 320 companies, not a prediction for Pegassi. 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.
Credit verdict
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.85, below 1. Short-term debt is 55.8% and cash 11.5% of total assets. 92.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 1871 sector peers (2025).
NBB · sector comparisonPosition among 1871 sector peers
Solvency
better than 21%
← weakest
strongest →
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
31 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- HUYBRECHT Sam 100 sharesdeed of 27-01-2025
Shares in 1 company, SWEET NOTHING
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1019111593
Incorporation
Founding capital of €3,000, 100 shares · Founder: HUYBRECHT Sam · Appointment: HUYBRECHT Sam (director) · published on 27-01-2025 · Gazette deed
First establishment
Branstsedreef 23, Bornem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Pegassi Bornem | €364,711 | €136,732 | 7.6% | - |
| FEELSAFE Woluwe-Saint-Lambert | €330,437 | €148,187 | 45.7% | - |
| VOCIS IMAGO Anderlecht | €184,305 | €107,829 | 47.9% | - |
| MARTY D Ghent | €176,326 | €172,216 | 98.4% | - |
| A Sound Scenario Brussels | €179,099 | €92,636 | 77.1% | - |
| Flou artistique Antwerp | €343,604 | €67,696 | 45.0% | - |
| Manolian Heist-op-den-Berg | €439,101 | €52,406 | 7.0% | - |
These companies have the same main activity as Pegassi: sound recording (NACE 59201). They are comparable in size and age: total assets between €176,000 and €439,000, founded between 2022 and 2025.
Official details
Source: KBO- Status
- Active since 23-01-2025Normal situation
- Activity
- Sound recordingNACE 59201
- Establishment unit
- 2.370.247.4582880 Bornem, since 23-01-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 06-02-2025
Insights on Pegassi
Pegassi has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27,696 and a net result of €96,125.
Its solvency ranks better than 21% of 1,871 sector peers (NACE 59, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 31-08-2026, 31 days late€136,732
€125,658
€96,125
-€30,401
7.6%
0.85
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €340,000. Estimated: probably between €230,000 and €530,000.
Balance sheet
balance sheet total €364,711 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
7.6%
Higher than 21% of 1,871 companies in 2025.
0.85
Higher than 22% of 1,776 companies in 2025.
26.4%
Higher than 82% of 1,795 companies in 2025.
Pegassi
Middle half of the sector
80% of the sector
Micro accounts in film, video and music (NACE 59)
Net result: top quarter · Equity: middle half · Balance sheet total: top quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
364,711 | |
21/28 |
191,723 | |
22/27 |
186,723 | |
23 |
8,847 | |
24 |
167,698 | |
26 |
10,178 | |
28 |
5,000 | |
29/58 |
172,988 | |
40/41 |
130,142 | |
40 |
96,289 | |
41 |
33,852 | |
54/58 |
41,850 | |
490/1 |
996 | |
| Balance sheet: equity and liabilities | ||
10/49 |
364,711 | |
10/15 |
27,696 | |
10/11 |
3,000 | |
13 |
24,696 | |
133 |
24,696 | |
14 |
0 | |
17/49 |
337,015 | |
17 |
133,364 | |
170/4 |
133,364 | |
42/48 |
203,389 | |
42 |
19,028 | |
44 |
81,758 | |
440/4 |
81,758 | |
45 |
31,174 | |
450/3 |
27,999 | |
454/9 |
3,175 | |
47/48 |
71,429 | |
492/3 |
262 | |
| Income statement | ||
9900 |
136,732 | |
630 |
10,899 | |
640/8 |
176 | |
9901 |
125,658 | |
75/76B |
389 | |
75 |
389 | |
65/66B |
2,566 | |
65 |
2,566 | |
9903 |
123,481 | |
67/77 |
27,356 | |
9904 |
96,125 | |
9905 |
96,125 | |
| Appropriation of the result | ||
9906 |
96,125 | |
691/2 |
24,696 | |
6921 |
24,696 | |
694/7 |
71,429 | |
694 |
71,429 | |
| Document | ||
The notes to these accounts have 10 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.
Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00472835.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00472835 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 136,556 | ||
| 107,023 | ||
| 202,622 | ||
| -30,401 | ||
| 7.6% | ||
| 0.85 | ||
| 12.17 | ||
| 347.1% | ||
| 26.4% | ||
| 53.23 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €197,622 |
| Financial fixed assets | €5,000 |
| €10,899 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on Pegassi
Debt's share of the balance-sheet total is 92.4%.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 23-01-2025
term without a fixed end
listed in the 2025 annual accounts, filed on 31-08-2026
Mandates through the years
1 name, the dashed line is todayHUYBRECHT Sam
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- HUYBRECHT Sam
- Director (not named in the articles), from 23-01-2025 to date
Control
Capital
- Contribution
- €3,000
- Shares
- 100
- Contribution per share
- €30
- Equity per share
- €277 in 2025
- Source
- deed of 27-01-2025
Articles of association
deed of 27-01-2025 (in Dutch)- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Wednesday of May at 19:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 27-01-2025 ↗
- HUYBRECHT Sam 100 shares (100%) · €3,000 in cash
Network & group
Holdings
own 2025 accountsThis companyPegassi1 holding, 1 country
2025 accounts
Belgium 1 Equity Result
- BE Sweet Nothing BV50% €27 result -€9,973
Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.
Holdings and subsidiaries
1 holdingHoldings 1
Share, source and own figures per holding (1)
-
50%
Board mandates elsewhere
1 board mandateBoard mandates of PegassiPegassi sits on their board1
Connections & network
1 current directorThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
This company
Company
Director
Shareholding
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Timeline
Timeline
4 events since 2025Filings
Establishments
20252026
2026
Annual accounts 2025 filed NBBmicro format · 31 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1019111593
IncorporationFounding capital of €3,000, 100 shares · Founder: HUYBRECHT Sam · Appointment: HUYBRECHT Sam (director) · published on 27-01-20254 points ▸
- Founder, HUYBRECHT Sam
- Founding capital, €3,000, 100 shares
- Registered office clause, Branstsedreef 23, 2880 Bornem
- Director appointment, HUYBRECHT Sam (director (not named in the articles))
- The deed holds 4 more points.
First establishment Branstsedreef 23, Bornem
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1019.111.593
- VAT number
- BE 1019.111.593
- Peppol ID
- 0208:1019111593
- Other Peppol ID
- 9925:BE1019111593
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 23-01-2025
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Wednesday of May at 19:00deed of 27-01-2025 (in Dutch)
- Peppol
- Reachable since 06-02-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Pegassi in Dutch
- Entity type
- Legal entity
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 27-01-2025 (in Dutch)
Activities
NACEBEL 202559201
Sound recording main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Gespecialiseerde beeld-,verlichtings- en geluidstechnieken; Verhuur en exploitatie van eigen of geleased residentieel onroerend…”deed of 27-01-2025 (in Dutch)
16 activities
- Gespecialiseerde beeld-,verlichtings- en geluidstechnieken
- Verhuur en exploitatie van eigen of geleased residentieel onroerend goed,exclusief sociale woningen
- Adviesbureaus op het gebied van public relations en communicatie
- Overige adviesbureaus op het gebied van bedrijfsbeheer;adviesbureaus op het gebied van bedrijfsvoering
- Reclamebureaus
- Markt- en opinieonderzoekbureaus
- Overige zakelijke dienstverlening,n.e.g.
- Beoefening van uitvoerende kunsten door zelfstandig werkende artiesten
- Beoefening van uitvoerende kunsten door artistieke ensembles
- Promotie en organisatie van uitvoerende kunstevenementen
- Ontwerp en bouw van podia
- Overige ondersteunende activiteiten voor de uitvoerende kunsten
- Exploitatie van schouwburgen,concertzalen en dergelijke
- Exploitatie van culturele centra en multifunctionele zalen ten behoeve van culturele activiteiten
- Overige recreatie- en ontspanningsactiviteiten,n.e.g.
- Overige persoonlijke diensten
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Branstsedreef 23 registered office 2880 Bornem | 23-01-2025 | 2.370.247.458 |
Buildings and parcels at the address
- Ground area
- 1,004 m²
- Buildings
- 190 m²
- Volume, LiDAR
- 613 m³
- Tallest building
- 4.8 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 12362G0350/00H000 | 1,004 m² | 1 · 190 m² | 4.8 m · 1 |