Turnover
≈ €610,000 estimated
The micro format states no turnover.
PeGro
Overview
Lifetime
2 annual accounts with figures on one time axispeak €183,520 (2024)
€162,151▼ 11.6%
peak €42,587 (2024)
€26,590▼ 37.6%
peak €72,177 (2025)
€72,177▲ 58.3%
€38,531▼ 25.9%
Board1 name since 2023
1 directorGROEBBENS Peter Paul
Documentsfilings and deeds
30-08-202630 days late
2025micro format
Result from €42,587 to €26,590Equity from €45,587 to €72,177Debts from €51,977 to €38,531
Key points
from the 2025 annual accountsInvestments
€15,289 2.0 × depreciation
Green is investment, beige is depreciation.
Liquidity
3.15 was 1.63 in 2024
Short-term debts fell from €51,977 to €29,468.
2025 accounts filed 30 days after the deadline
Checked score
88
Excellent
Financially stronger than 82% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2025: 1.9%
02-2025: 1.9%● unchanged vs 01-2025
03-2025: 2.0%▲ +0.1 percentage points vs 02-2025
04-2025: 2.4%▲ +0.4 percentage points vs 03-2025
05-2025: 2.4%● unchanged vs 04-2025
06-2025: 2.7%▲ +0.3 percentage points vs 05-2025highest value
07-2025: 0.3%▼ -2.4 percentage points vs 06-2025lowest value
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.4%▲ +0.1 percentage points vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.8%▲ +0.4 percentage points vs 07-2026
09-2026: 0.4%▼ -0.4 percentage points vs 08-2026
10-2026: 0.4%● unchanged vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2023
Size: total assets €110,708
lowers risk
Liquidity: current ratio 3.15, cash €54,598
Equity €72,177 (65.2% of total assets)
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 43, micro). It does better than 71% of them on solvency, 87% on liquidity, 84% on profitability and 85% on growth.
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 very low class on 30-06-2025, 0.1% 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, 39,278 companies had the same profile as PeGro has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PeGro itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,448 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 39,278 companies, not a prediction for PeGro. 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 €6,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 3.15 (1.63 in 2024), above the usual 1.5. Short-term debt is 26.6% and cash 49.3% of total assets. 34.8% 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
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 30 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 2 filingsDeviation from the deadline
2025
30 days late
2024
31 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 1 day before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1003328012
Incorporation
Founding capital of €3,000, 100 shares · Founder: GROEBBENS Peter Paul · Appointment: GROEBBENS Peter Paul (director) · published on 15-12-2023 · Gazette deed
First establishment
Teerlingstraat 36, Haaltert
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PeGro Haaltert | €110,708 | €162,151 | 65.2% | - |
| TIBEO SRL Ciney | €122,083 | €170,904 | 20.2% | - |
| DHZ Klus Herent | €91,400 | €145,491 | 38.3% | 1.9 |
| JUMALUX Dendermonde | €126,091 | €157,077 | 20.4% | - |
| Jonas Heyninck Sint-Niklaas | €162,831 | €117,254 | 48.0% | - |
| KONATE Charleroi | €109,002 | €222,358 | 25.6% | - |
| EUREKA 3D Soignies | €140,998 | €170,754 | 4.9% | - |
These companies have the same main activity as PeGro: joinery installation (NACE 43320). They are comparable in size and age: total assets between €91,400 and €163,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 13-12-2023Normal situation
- Activity
- Joinery installationNACE 43320
- Establishment unit
- 2.353.156.6529450 Haaltert, since 13-12-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 15-09-2025
Annual accounts 2025
- €162,151▼ 11.6%
- €26,590▼ 37.6%
- €72,177▲ 58.3%
- €110,708▲ 13.5%
- Employeeson 31-12-2025
- 2=
- Filing
- Filed on 30-08-2026
Insights on PeGro
PeGro has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €72,177 and a net result of €26,590.
Its solvency ranks better than 70% of 35,136 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 30-08-2026, 30 days late€162,151
▼ 11.6%
€38,528
▼ 35.8%
€26,590
▼ 37.6%
€63,491
▲ 93.6%
65.2%
▲ 18.5 percentage points
3.15
▲ 1.52
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 ≈ €610,000. Estimated: probably between €430,000 and €830,000.
Balance sheet
balance sheet total €110,708 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
65.2%
Higher than 70% of 35,136 companies in 2025.
3.15
Higher than 73% of 34,510 companies in 2025.
24.0%
Higher than 82% of 34,711 companies in 2025.
PeGro
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff
€55,245
Staff costs divided by the average number of full-time equivalents.
people who joined
people who left
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
110,708 | 97,564 | |
21/28 |
17,749 | 12,784 | |
22/27 |
17,749 | 12,784 | |
23 |
2,223 | 3,279 | |
24 |
15,522 | 8,352 | |
26 |
3 | 1,153 | |
29/58 |
92,959 | 84,780 | |
3 |
1,851 | 2,579 | |
30/36 |
1,851 | 2,579 | |
40/41 |
34,291 | 26,126 | |
40 |
28,303 | 23,177 | |
41 |
5,988 | 2,950 | |
54/58 |
54,598 | 54,147 | |
490/1 |
2,218 | 1,927 | |
| Balance sheet: equity and liabilities | |||
10/49 |
110,708 | 97,564 | |
10/15 |
72,177 | 45,587 | |
10/11 |
3,000 | 3,000 | |
13 |
69,177 | 42,587 | |
133 |
69,177 | 42,587 | |
17/49 |
38,531 | 51,977 | |
17 |
9,062 | - | |
170/4 |
9,062 | - | |
42/48 |
29,468 | 51,977 | |
42 |
5,130 | - | |
44 |
905 | 9,919 | |
440/4 |
905 | 9,919 | |
45 |
9,642 | 26,547 | |
450/3 |
0 | 7,811 | |
454/9 |
9,642 | 18,735 | |
47/48 |
13,792 | 15,511 | |
| Income statement | |||
9900 |
162,151 | 183,520 | |
62 |
110,490 | 111,808 | |
630 |
7,818 | 7,467 | |
640/8 |
3,308 | 4,216 | |
66A |
2,007 | - | |
9901 |
38,528 | 60,029 | |
75/76B |
336 | 369 | |
75 |
336 | 369 | |
65/66B |
533 | - | |
65 |
533 | - | |
9903 |
38,330 | 60,398 | |
67/77 |
11,740 | 17,811 | |
9904 |
26,590 | 42,587 | |
9905 |
26,590 | 42,587 | |
| Appropriation of the result | |||
9906 |
26,590 | 42,587 | |
691/2 |
26,590 | 42,587 | |
6921 |
26,590 | 42,587 | |
| Social balance sheet | |||
9087 |
2 | 2 | |
Hours worked1013 |
3,244 | 3,427 | |
| Document | |||
The notes to these accounts have 8 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 30-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 30 days after the deadline. Filed on 30 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00454515.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 46,345 | 67,496 | ||
| 34,408 | 50,054 | ||
| 15,289 | 20,251 | ||
| 451 | - | ||
| 63,491 | 32,803 | ||
| 65.2% | 46.7% | ||
| 3.15 | 1.63 | ||
| 3.09 | 1.58 | ||
| 0.53 | 1.14 | ||
| 36.8% | 93.4% | ||
| 24.0% | 43.7% | ||
| 86.89 | - |
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.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 |
|---|---|---|
| Employees at the balance-sheet date | 2 | 2 |
| full-time | 2 | 2 |
| part-time | 0 | 0 |
| in full-time equivalents | 2 | 2 |
| 2 | 2 | |
| On a permanent contract | 2 | 2 |
| Joined | - | 2 |
| Left | - | 0 |
Source: social balance sheet in the 2024 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €15,289 | €20,251 |
| €7,818 | €7,467 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on PeGro
The operating result for 2025 is 36% lower than in 2024.
Debt's share of the balance-sheet total falls from 53.3% to 34.8%. Equity is higher and debt is lower.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 15-12-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 30-08-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 15-12-2023
Mandates through the years
1 name, the dashed line is todayGROEBBENS Peter Paul
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- GROEBBENS Peter Paul
- Director (not named in the articles), appointed by deed of 15-12-2023, still in office
Control
Capital
- Contribution
- €3,000
- Shares
- 100
- Contribution per share
- €30
- Equity per share
- €722 in 2025
- Source
- deed of 15-12-2023
Articles of association
deed of 15-12-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of June at 16:00
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Krachtens deze statuten, algemene vergadering mag één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen”
Shareholders
At incorporation
deed of 15-12-2023 ↗
- GROEBBENS Peter Paul 100 shares (100%) · €3,000 in cash
Network & group
No group
PeGro has no parent and no holdings in its annual accounts. GROEBBENS Peter Paul is the only director. PeGro shares no director with another company.
Timeline
Timeline
5 events since 2023Filings
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 30 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1003328012
Annual accounts 2024 filed PDFmicro format · 31 days before the deadline
2023
IncorporationFounding capital of €3,000, 100 shares · Founder: GROEBBENS Peter Paul · Appointment: GROEBBENS Peter Paul (director) · published on 15-12-20234 points ▸
- Registered office clause, Teerlingstraat 36, 9450 Haaltert (Denderhoutem)
- Director appointment, GROEBBENS Peter Paul (director (not named in the articles))
- Founder, GROEBBENS Peter Paul
- Founding capital, €3,000, 100 shares
- The deed holds 5 more points.
First establishment Teerlingstraat 36, Haaltert
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 13 December 2023, PeGro was incorporated as a private limited company by one natural person, with a starting capital of €3,000.12 GROEBBENS Peter Paul is director of the company, appointed by deed of 15-12-2023.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Identity
- Enterprise number
- 1003.328.012
- VAT number
- BE 1003.328.012
- Peppol ID
- 0208:1003328012
- Other Peppol ID
- 9925:BE1003328012
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 13-12-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of June at 16:00deed of 15-12-2023 (in Dutch)
- Peppol
- Reachable since 15-09-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- PeGro in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 15-12-2023 (in Dutch)
- 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 15-12-2023 (in Dutch)
Activities
NACEBEL 2025VAT activities
43320
Joinery installation main activity
Social security (RSZ) activities
43320
Joinery installation main activity
Codes under NACEBEL 2008
VAT activities
43320
Joinery installation main activity
Social security (RSZ) activities
43320
Joinery installation main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het vervaardigen en plaatsen van algemene schrijnwerkerij en timmerwerken zowel binnen en buiten,keukens,woon- en…”deed of 15-12-2023 (in Dutch)
12 activities
- Het vervaardigen en plaatsen van algemene schrijnwerkerij en timmerwerken zowel binnen en buiten,keukens,woon- en winkelinrichting,herstellingen allerhande,alle maatwerk van ramen en deuren,poorten,wandkasten,valse plafonds en scheidingsmuren,houten vloeren en parket,wand- en vloerbekleding,rolluiken en voorzetrolluiken,kombinatie- en veilheidssloten,automatisering van hekken en poorten.
- Interieurinrichting van ontwerp tot en met realisatie.
- Ontwerp,realisatie en afwerking van allerhande meubilair.
- Bewerken en commercialiseren van alle toebehoren,grondstoffen en materialen voor wat betreft schrijnwerk en interieurinrichting.
- Uitbaten van een webshop voor gelijk welk product of dienst.
- Uitbouwen en beheer van eigen patrimonium.
- Het verwerven van roerende en onroerende goederen om er inkomsten uit te verwerven of als investering,daaronder inbegrepen de ontwikkeling van vastgoedprojecten.
- Holding activiteiten en management en bijstand bij het beheer van andere ondernemingen.
- Het verwerven en commercialiseren van auteursrechten als investering of om er (duurzame) inkomsten uit te bekomen.
- Het ontwikkelen,kopen,verkopen,in licentie nemen of geven van octrooien,knowhow en aanverwante immateriële duurzame activa.
- Het onderzoek,de ontwikkeling,de vervaardiging of commercialisering van nieuwe producten,nieuwe vormen van technologie en hun toepassing.
- Het toestaan of opnemen van leningen en kredietopeningen al dan niet onder hypothecair verband,het verstrekken van zekerheden,ook voor schulden van derden.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Teerlingstraat 36 registered office 9450 Haaltert | 13-12-2023 | 2.353.156.652 |
Buildings and parcels at the address
- Ground area
- 1,968 m²
- Buildings
- 245 m²
- Volume, LiDAR
- 1,189 m³
- Tallest building
- 6.6 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 41010B1319/00A002 | 1,968 m² | 1 · 245 m² | 6.6 m · 2 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1003.328.012