Skip to content

PELC

Active
Private limited companyfounded 20206 yrs activeSchaperijstraat 12, 9900 Eeklo, BelgiumKBO/BCE: BE 0740.821.365

The computed 12-month bankruptcy probability of PELC is 1.6% (moderate). The 2025 annual accounts show equity of €70k and a net result of €2k. Equity is growing by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 29% of 17366 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
39 / 100
Weak▲ +24 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability11▲+11
Solvency7▲+1
Growth78=
Stability100
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity short (current ratio 0.01 against 0.04 in 2024), and 90.1% 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 riskneutral
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 6 years 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
9.9%
Return on assets
0.2%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-01-2026, 5 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
5 d early
2024
7 d early
2023
6 d early
2022
57 d early
2021
3 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close06-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€70k▲ 2.2%
2024 · €69k
2021: €60k 2022: €64k 2023: €70k 2024: €69k
2021 → 2025
Total assets
€709k▼ 3.1%
2024 · €731k
2021: €782k 2022: €766k 2023: €749k 2024: €731k
2021 → 2025
Net result
€2k
2024 · €-1k
2021: €-10k 2022: €4k 2023: €6k 2024: €-1k
2021 → 2025
Working capital
€-357k▼ 22.6%
2024 · €-291k
2021: €-253k 2022: €-264k 2023: €-273k 2024: €-291k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€60k-€64k▲ 6.5%€70k▲ 9.8%€69k▼ 2.1%€70k▲ 2.2%
Operating result€848-€10k▲ 1,112%€12k▲ 19.0%€10k▼ 20.0%€14k▲ 42.0%
Net result€-10k-€4k€6k▲ 61.0%€-1k€2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€0€10kOperating result 2021: €848€848Net result 2021: €-10k€-10kOperating result 2022: €10k€10kNet result 2022: €4k€4kOperating result 2023: €12k€12kNet result 2023: €6k€6kOperating result 2024: €10k€10kNet result 2024: €-1k€-1kOperating result 2025: €14k€14kNet result 2025: €2k€2k20212022202320242025
The operating result recovers in 2025; 2025 is 42% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €709k
Fixed assets €704k▼ 2.0%
Current assets €5k▼ 63.7%
Equity and liabilities €709k
Equity €70k▲ 2.2%
Debt €638k▼ 3.6%
The debt ratio falls from 90.6% to 90.1%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€32k
2024 · €28k
Cash flow
€19k
2024 · €16k
Solvency
9.9%
2024 · 9.4%
Current ratio
0.01
2024 · 0.04
Quick ratio
0.01
2024 · 0.04
Debt / equity
9.07
2024 · 9.62
ROE
2.1%
2024 · -2.1%
ROA
0.2%
2024 · -0.2%
Interest coverage
2.55
2024 · 2.47
Debt
€638k
2024 · €662k
Debt ≤ 1 year
€361k
2024 · €304k
Debt > 1 year
€277k
2024 · €359k
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
Total assets 20/58€731k€709k
Fixed assets 21/28€719k€704k
Formation expenses 20€0€0=
Tangible fixed assets 22/27€719k€704k
Current assets 29/58€13k€5k
Amounts receivable within one year 40/41€2k€2k
Cash & bank 54/58€11k€2k
Total equity & liabilities 10/49€731k€709k
Equity 10/15€69k€70k
Contributions / capital 10/11€70k€70k=
Accumulated profits (losses) 14€-1k€389
Amounts payable 17/49€662k€638k
Amounts payable after one year 17€359k€277k
Amounts payable within one year 42/48€304k€361k
Trade debts payable within one year 44€373€482
Income statement Code20242025
Gross operating margin 9900€30k€34k
Operating result 9901€10k€14k
Financial charges 65€11k€12k
Result before taxes 9903€-1k€2k
Income taxes 67/77€91-
Net result for the period 9904€-1k€2k
Result to be appropriated 9905€-1k€2k

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
26-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Back to profitnet €2k
Net result €2k after one loss-making year.
24-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
25-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial Highest result since 2021net €6k ▲61%
Net result €6k, the highest in the series.
2022
05-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial Back to profitnet €4k
Net result €4k after one loss-making year.
28-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Comparable companies · same sector, comparable size

Similar companies · same sector, comparable size

Of 3,023 companies in sector 47221 we hold annual accounts for 1,513. 1,315 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded07-01-2020
Fiscal year end30-06
Activities, NACEBEL
47221Retail sale of meat and meat products, excluding game and poultry
43240Other construction installation
43299Specialised construction activities
43331Floor and wall tiling
47271Retail trade
47291Retail trade
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 20-08-2026. Scores and ratios are computed by Checked and are not a credit decision.