PEKATHO
ActivePEKATHO has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.16M and a net result of €176k. Equity is growing by ~15.6% per year across the filed fiscal years. Its solvency ranks better than 71% of 10289 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-5
Solvency84▲+6
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160k at 30 days acceptable
Liquidity ample (current ratio 3.34 against 2.93 in 2024; short-term debt: 21.5% and cash: 19.4% of total assets), and 41.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
58.9%
Return on assets
4.8%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
90 d early
2023
1 d early
2022
2 d early
2021
1 d early
2020
42 d early
2019
8 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.16M▼ 1.7%
2024 · €2.20M
2018: €534k
2019: €477k
2020: €1.03M
2021: €1.62M
2022: €1.96M
2023: €2.15M
2024: €2.20M
2018 → 2025
Total assets
€3.67M▼ 10.9%
2024 · €4.12M
2018: €3.92M
2019: €3.61M
2020: €3.37M
2021: €4.31M
2022: €4.18M
2023: €4.19M
2024: €4.12M
2018 → 2025
Net result
€176k▼ 50.8%
2024 · €358k
2018: €302k
2019: €264k
2020: €553k
2021: €613k
2022: €340k
2023: €183k
2024: €358k
2018 → 2025
Working capital
€1.85M▼ 0.6%
2024 · €1.86M
2018: €528k
2019: €325k
2020: €805k
2021: €1.27M
2022: €1.69M
2023: €1.87M
2024: €1.86M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.62M-€1.96M▲ 21.0%€2.15M▲ 9.3%€2.20M▲ 2.5%€2.16M▼ 1.7%
Operating result€835k-€467k▼ 44.1%€223k▼ 52.3%€413k▲ 85.6%€252k▼ 39.0%
Net result€613k-€340k▼ 44.5%€183k▼ 46.3%€358k▲ 96.3%€176k▼ 50.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 39% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.67M
Fixed assets
€1.03M▼ 20.4%
Current assets
€2.64M▼ 6.5%
Equity and liabilities €3.67M
Equity
€2.16M▼ 1.7%
Debt
€1.51M▼ 21.4%
The debt ratio falls from 46.6% to 41.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€531k▼
2024 · €710k
Cash flow
€454k▼
2024 · €655k
Solvency
58.9%▲
2024 · 53.4%
Current ratio
3.34▲
2024 · 2.93
Quick ratio
1.33▲
2024 · 1.21
Debt / equity
0.70▼
2024 · 0.87
ROE
8.1%▼
2024 · 16.3%
ROA
4.8%▼
2024 · 8.7%
Interest coverage
39.31▼
2024 · 46.37
Debt
€1.51M▼
2024 · €1.92M
Debt ≤ 1 year
€790k▼
2024 · €963k
Debt > 1 year
€719k▼
2024 · €954k
Income taxes
€115k▲
2024 · €88k
Staff costs
€623k=
2024 · €623k
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€4.12M€3.67M▼
Fixed assets21/28€1.30M€1.03M▼
Tangible fixed assets22/27€1.30M€1.03M▼
Plant, machinery and equipment23€16k€11k▼
Furniture and vehicles24€30k€18k▼
Leasing and similar rights25€1.03M€867k▼
Other tangible fixed assets26€222k€135k▼
Current assets29/58€2.83M€2.64M▼
Amounts receivable after more than one year29-€300k
Other amounts receivable291-€300k
Stocks and contracts in progress3€1.66M€1.59M▼
Stocks30/36€1.66M€1.59M▼
Amounts receivable within one year40/41€76k€38k▼
Trade receivables40€39k€38k▼
Other amounts receivable41€38k€0▼
Cash at bank and in hand54/58€1.09M€713k▼
Deferred charges and accrued income490/1€3k€0▼
Equity and liabilities
Total equity and liabilities10/49€4.12M€3.67M▼
Equity10/15€2.20M€2.16M▼
Contributions10/11€125k€125k=
Reserves13€2.07M€2.04M▼
Non-distributable reserves130/1€13k€0▼
Reserves not available under the articles1311€13k€0▼
Tax-exempt reserves132€254k€102k▼
Distributable reserves133€1.81M€1.94M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.92M€1.51M▼
Amounts payable after more than one year17€954k€719k▼
Financial debts170/4€954k€719k▼
Amounts payable within one year42/48€963k€790k▼
Current portion of amounts payable after more than one year42€269k€235k▼
Financial debts43€6k€27k▲
Credit institutions430/8€6k€27k▲
Trade debts44€330k€333k▲
Suppliers440/4€330k€333k▲
Advances received on contracts in progress46€65k€89k▲
Taxes, remuneration and social security45€83k€107k▲
Taxes450/3€19k€36k▲
Remuneration and social security454/9€64k€71k▲
Other amounts payable47/48€210k€0▼
Accrued charges and deferred income492/3€3k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€623k€623k=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€296k€278k▼
Other operating charges640/8€63k€76k▲
Gross operating margin9900€1.40M€1.23M▼
Operating profit (loss)9901€413k€252k▼
Financial income75/76B€48k€53k▲
Recurring financial income75€48k€53k▲
Financial charges65/66B€15k€13k▼
Recurring financial charges65€15k€13k▼
Profit (loss) for the period before taxes9903€446k€292k▼
Income taxes67/77€88k€115k▲
Profit (loss) for the period9904€358k€176k▼
Transfer from tax-exempt reserves789€124k€152k▲
Transfer to tax-exempt reserves689€9k-
Profit (loss) for the period to be appropriated9905€474k€328k▼
Appropriation of the result
Profit (loss) to be appropriated9906€474k€328k▼
Transfer from equity791/2€94k€214k▲
Transfer to equity691/2€264k€328k▲
To other reserves6921€264k€328k▲
Profit to be distributed694/7€304k€214k▼
Return on contributions (dividend)694€94k€214k▲
Directors or managers695€210k€0▼
Social balance
Average headcount (FTE)908715.114.7▼
The notes to these accounts (16 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
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Weakest financial yearnet €176k ▼50.8%
Net result drops to €176k, the lowest in the series.
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Equity above €2MEq €2.15M ▲9.3%
6 profitable years in a row build equity to €2.15M.
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Highest result since 2018net €613k ▲11%
Net result €613k, the highest in the series.
19-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Equity above €1MEq €1.03M ▲116%
3 profitable years in a row build equity to €1.03M.
22-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
11-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
03-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Bredene · 1 establishment unit since 2010
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.
Bedevaartstraat 228450 BredeneGround area
3,057 m²
Building footprint
441 m²
Volume, LiDAR
2,384 m³
2 parcels, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HUBO
since 20102.193.224.042
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35006A0544/00A002 | Flanders | 2,211 m² | 1 · 293 m² | 6.7 m · 2 fl. |
| 35302C0088/00W000 | Flanders | 845 m² | 1 · 147 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 7 entries · 32,066 EUR awarded · 32,066 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 5,893 EUR | 5,893 EUR |
| 2024 | 1 | 7,583 EUR | 7,583 EUR |
| 2023 | 3 | 11,278 EUR | 11,278 EUR |
| 2022 | 1 | 7,312 EUR | 7,312 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Stagebonus (stopgezet)
Recognitions · licences · registrations
Food safety, FASFC
1 siteIchtegem2.193.224.042
Dual-learning approval
1 endedSimilar companies · same sector, comparable size
JEF STONE
BE 0821.724.216
Geel · Eq €2.16M
ROOYACKERS
BE 0421.239.227
Peer · Eq €2.17M
RCPB TOOLS
BE 0474.404.135
Soumagne · Eq €2.15M
ODYSSEUS BOUWMARKTEN
BE 0859.884.412
Antwerpen · Eq €2.14M
GAVERMAT
BE 0677.481.454
Gavere · Eq €2.18M
Of 1,720 companies in sector 47521 we hold annual accounts for 1,288. 785 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-11-2010
Fiscal year end30-09
Activities, NACEBEL
47521Retail sale of hardware, building materials, paint and glass (general range)
47523Retail trade
47524Retail trade
47525Retail trade
47526Retail trade
47527Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.