PELGRIMS
ActivePELGRIMS has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €965k and a net result of €86k. Equity is growing by ~11% per year across the filed fiscal years. Its solvency ranks better than 36% of 9114 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71=
Solvency42▼-5
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 short (current ratio 0.13 against 0.09 in 2024; short-term debt: 42.3% and cash: 0.6% of total assets), and 83% 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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 · 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
17%
Return on assets
1.5%
Age of the figures
9 mo
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
14 d early
2023
28 d late
2022
46 d early
2021
29 d late
2020
26 d late
2019
on the day
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€965k▲ 9.8%
2024 · €879k
2018: €468k
2019: €515k
2020: €548k
2021: €716k
2022: €763k
2023: €801k
2024: €879k
2018 → 2025
Total assets
€5.66M▲ 43.1%
2024 · €3.96M
2018: €2.79M
2019: €2.76M
2020: €3.02M
2021: €3.42M
2022: €4.29M
2023: €3.98M
2024: €3.96M
2018 → 2025
Net result
€86k▲ 9.7%
2024 · €78k
2018: €10k
2019: €47k
2020: €33k
2021: €40k
2022: €47k
2023: €38k
2024: €78k
2018 → 2025
Working capital
€-2.09M▼ 31.5%
2024 · €-1.59M
2018: €-1.21M
2019: €-1.30M
2020: €-1.39M
2021: €-1.25M
2022: €-1.40M
2023: €-1.43M
2024: €-1.59M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€716k-€763k▲ 6.5%€801k▲ 5.0%€879k▲ 9.8%€965k▲ 9.8%
Operating result€33k-€83k▲ 149%€97k▲ 16.4%€107k▲ 11.1%€136k▲ 26.6%
Net result€40k-€47k▲ 16.8%€38k▼ 19.2%€78k▲ 106%€86k▲ 9.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 27% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.66M
Fixed assets
€5.36M▲ 40.7%
Current assets
€304k▲ 103%
Equity and liabilities €5.66M
Equity
€965k▲ 9.8%
Provisions
€37k▼ 3.3%
Debt
€4.66M▲ 53.3%
The debt ratio rises from 76.8% to 82.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€286k▲
2024 · €176k
Cash flow
€236k▲
2024 · €147k
Solvency
17.0%▼
2024 · 22.2%
Current ratio
0.13▲
2024 · 0.09
Quick ratio
0.13▲
2024 · 0.09
Debt / equity
4.83▲
2024 · 3.46
ROE
8.9%=
2024 · 8.9%
ROA
1.5%▼
2024 · 2.0%
Interest coverage
13.13▲
2024 · 7.57
Debt
€4.66M▲
2024 · €3.04M
Debt ≤ 1 year
€2.39M▲
2024 · €1.74M
Debt > 1 year
€2.27M▲
2024 · €1.30M
Income taxes
€30k▲
2024 · €7k
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€3.96M€5.66M▲
Fixed assets21/28€3.81M€5.36M▲
Intangible fixed assets21€24k€22k▼
Tangible fixed assets22/27€2.11M€2.72M▲
Land and buildings22€2.11M€2.72M▲
Financial fixed assets28€1.68M€2.62M▲
Current assets29/58€150k€304k▲
Amounts receivable within one year40/41€114k€270k▲
Trade receivables40€114k€270k▲
Other amounts receivable41€0€1▲
Cash at bank and in hand54/58€36k€35k▼
Equity and liabilities
Total equity and liabilities10/49€3.96M€5.66M▲
Equity10/15€879k€965k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€817k€903k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€116k€112k▼
Distributable reserves133€695k€784k▲
Profit (loss) carried forward14€0-
Provisions and deferred taxes16€39k€37k▼
Deferred taxes168€39k€37k▼
Amounts payable17/49€3.04M€4.66M▲
Amounts payable after more than one year17€1.30M€2.27M▲
Financial debts170/4€1.30M€2.27M▲
Other amounts payable178/9€0-
Amounts payable within one year42/48€1.74M€2.39M▲
Current portion of amounts payable after more than one year42€211k€354k▲
Trade debts44€879€674▼
Suppliers440/4€879€674▼
Advances received on contracts in progress46€100k€0▼
Taxes, remuneration and social security45€27k€85k▲
Taxes450/3€27k€85k▲
Other amounts payable47/48€1.40M€1.95M▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€69k€150k▲
Other operating charges640/8€15k€13k▼
Gross operating margin9900€191k€300k▲
Operating profit (loss)9901€107k€136k▲
Financial charges65/66B€23k€22k▼
Recurring financial charges65€23k€22k▼
Profit (loss) for the period before taxes9903€84k€114k▲
Transfer from deferred taxes780€1k€1k=
Income taxes67/77€7k€30k▲
Profit (loss) for the period9904€78k€86k▲
Transfer from tax-exempt reserves789€4k€4k=
Profit (loss) for the period to be appropriated9905€82k€90k▲
Appropriation of the result
Profit (loss) to be appropriated9906€628k€90k▼
Profit (loss) brought forward from the previous period14P€546k€0▼
Transfer to equity691/2€628k€90k▼
To other reserves6921€628k€90k▼
The notes to these accounts (13 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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
24-02
State Gazette act
General meeting · Merger
Dissolution · Accounting effect
2025
31-12
Financial
Highest result since 2018net €86k ▲9.7%
Operating result €136k, net result €86k, both a record.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €500kEq €515k ▲10%
2 profitable years in a row build equity to €515k.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-06-2023
Resigned as Managing director
Location & real-estate footprint
Registered office, Begijnendijk · 1 establishment unit since 1994
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.
Mechelbaan 1523130 BegijnendijkGround area
748 m²
Building footprint
130 m²
Volume, LiDAR
714 m³
Parcel 24007B0020/00B004, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Mechelbaan 152, 3130 Begijnendijk
since 19942.066.925.983
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24007B0020/00B004 | Flanders | 748 m² | 1 · 130 m² | 6.9 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.
Structure & network
Acquisitions and mergers
1 transactionTook over:IMMO AARSCHOT
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DEVELOPERS-GROUP SA
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Jafrabel
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SofiCo
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Halen · Eq €967k
Of 9,133 companies in sector 68201 we hold annual accounts for 6,762. 4,846 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded25-02-1994
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.