PEKOVAR
ActivePEKOVAR has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €697k and a net result of €142k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 63% of 1729 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
90
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▼-8
Solvency78▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 4.95 against 4.73 in 2024; short-term debt: 17.8% and cash: 41% of total assets), and 47% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← 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
53%
Return on assets
10.8%
Age of the figures
9 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
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €697k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-06-2026, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 d early
2024
49 d early
2023
29 d early
2022
35 d early
2021
45 d early
2020
44 d early
2019
32 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€697k▲ 25.7%
2024 · €554k
2018: €-33k
2019: €72k
2020: €94k
2021: €-11k
2022: €113k
2023: €351k
2024: €554k
2018 → 2025
Total assets
€1.31M▲ 8.6%
2024 · €1.21M
2018: €1.18M
2019: €1.04M
2020: €1.00M
2021: €883k
2022: €958k
2023: €1.04M
2024: €1.21M
2018 → 2025
Net result
€142k▼ 29.9%
2024 · €203k
2018: €4k
2019: €105k
2020: €21k
2021: €-105k
2022: €124k
2023: €238k
2024: €203k
2018 → 2025
Working capital
€927k▲ 13.2%
2024 · €818k
2018: €280k
2019: €363k
2020: €373k
2021: €267k
2022: €382k
2023: €594k
2024: €818k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-11k-€113k€351k▲ 211%€554k▲ 57.8%€697k▲ 25.7%
Operating result€-82k-€206k€228k▲ 11.1%€246k▲ 7.8%€204k▼ 17.0%
Net result€-105k-€124k€238k▲ 92.3%€203k▼ 14.9%€142k▼ 29.9%
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 17% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.31M
Fixed assets
€153k▼ 11.4%
Current assets
€1.16M▲ 11.9%
Equity and liabilities €1.31M
Equity
€697k▲ 25.7%
Debt
€617k▼ 5.9%
The debt ratio falls from 54.2% to 47.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€270k▼
2024 · €311k
Cash flow
€208k▼
2024 · €268k
Solvency
53.0%▲
2024 · 45.8%
Current ratio
4.95▲
2024 · 4.73
Quick ratio
3.12▲
2024 · 2.72
Debt / equity
0.89▼
2024 · 1.18
ROE
20.4%▼
2024 · 36.6%
ROA
10.8%▼
2024 · 16.8%
Interest coverage
32.38▲
2024 · 16.97
Debt
€617k▼
2024 · €656k
Debt ≤ 1 year
€234k▲
2024 · €220k
Debt > 1 year
€105k▼
2024 · €153k
Income taxes
€66k▲
2024 · €26k
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€1.21M€1.31M▲
Fixed assets21/28€172k€153k▼
Intangible fixed assets21€548€516▼
Tangible fixed assets22/27€152k€111k▼
Land and buildings22€106k€54k▼
Plant, machinery and equipment23€34k€49k▲
Furniture and vehicles24€12k€9k▼
Financial fixed assets28€20k€41k▲
Current assets29/58€1.04M€1.16M▲
Amounts receivable after more than one year29€25k€0▼
Other amounts receivable291€25k€0▼
Stocks and contracts in progress3€440k€429k▼
Stocks30/36€440k€429k▼
Amounts receivable within one year40/41€121k€70k▼
Trade receivables40€107k€56k▼
Other amounts receivable41€14k€14k=
Current investments50/53€238k€110k▼
Cash at bank and in hand54/58€202k€539k▲
Deferred charges and accrued income490/1€12k€12k▲
Equity and liabilities
Total equity and liabilities10/49€1.21M€1.31M▲
Equity10/15€554k€697k▲
Contributions10/11€256k€256k=
Reserves13€298k€441k▲
Distributable reserves133€298k€441k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€656k€617k▼
Amounts payable after more than one year17€153k€105k▼
Financial debts170/4€153k€105k▼
Amounts payable within one year42/48€220k€234k▲
Current portion of amounts payable after more than one year42€50k€48k▼
Trade debts44€14k€2k▼
Suppliers440/4€14k€2k▼
Taxes, remuneration and social security45€7k€17k▲
Taxes450/3€7k€17k▲
Other amounts payable47/48€149k€168k▲
Accrued charges and deferred income492/3€284k€278k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€65k€66k▲
Other operating charges640/8€12k€11k▼
Gross operating margin9900€323k€281k▼
Operating profit (loss)9901€246k€204k▼
Financial income75/76B€1k€13k▲
Recurring financial income75€1k€13k▲
Financial charges65/66B€18k€8k▼
Recurring financial charges65€18k€8k▼
Profit (loss) for the period before taxes9903€229k€209k▼
Income taxes67/77€26k€66k▲
Profit (loss) for the period9904€203k€142k▼
Profit (loss) for the period to be appropriated9905€203k€142k▼
Appropriation of the result
Profit (loss) to be appropriated9906€48k€142k▲
Profit (loss) brought forward from the previous period14P€-155k€0▲
Transfer to equity691/2€48k€142k▲
To other reserves6921€48k€142k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (19 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
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €500kEq €554k ▲57.8%
3 profitable years in a row build equity to €554k.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €238k ▲92.3%
Net result €238k, the highest in the series.
31-12
Financial
Equity above €200kEq €351k ▲211%
2 profitable years in a row build equity to €351k.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €124k
Net result €124k after one loss-making year.
31-12
Financial
Equity above €100kEq €113k
Equity rises from €-11k to €113k.
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-105k ▼593%
Net result drops to €-105k, the lowest in the series; recovery starts the following year.
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-07
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
2 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2006
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.
Boerenstraat 1139150 Beveren-Kruibeke-ZwijndrechtGround area
708 m²
Building footprint
192 m²
Volume, LiDAR
873 m³
Parcel 46013C0155/00K000, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Pekovar
since 20062.157.873.183
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46013C0155/00K000 | Flanders | 708 m² | 1 · 192 m² | 6.7 m · 2 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,251 EUR awarded · 2,251 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,251 EUR | 2,251 EUR |
Schemes
Subsidie in het kader van land- en tuinbouwbeleid
Recognitions · licences · registrations
Food safety, FASFC
1 siteBeveren-Kruibeke-Zwijndrecht2.157.873.183
Similar companies · same sector, comparable size
TIKAL
BE 0440.603.890
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EINDEPOELPIGS
BE 0544.363.703
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PHISAN
BE 0459.719.622
Tielt · Eq €707k
DRIE-KAVEN
BE 0458.993.706
Wingene · Eq €713k
KUBRO
BE 0534.636.977
Hoogstraten · Eq €715k
Of 902 companies in sector 01461 we hold annual accounts for 295. 241 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-11-2006
Fiscal year end31-12
Activities, NACEBEL
01231
01461Pig breeding farms
01462Crop and animal production, hunting and related service activities
01500Mixed farming
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.