Financials
- Financial year
- 2023
- Total assets
- €37.6m
- Loss
- -€673,228
- Solvency
- 53.5%
Total assets▲ 39.2%
Net result
20212023
PELICAN
ActiveSummary
The computed 12-month bankruptcy probability of PELICAN is 2.1% (moderate). For PELICAN, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €20.1m and a net result of -€673,228. Equity is shrinking by about 3.1% per year across the filed financial years. Its solvency ranks better than 69% of 9,303 sector peers (NACE 68, financial year 2023). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Development of non-residential building projects
NACE 68122
1 site
Size
€37.6mtotal assets 2023
- Equity
- €20.1m
- Loss
- -€673,228
Turnover not published (abbreviated format)
Financial health
- Bankruptcy probabilitywithin 12 months
- 2.1%
2023 figures too old to score
Structure
- Parent
- VERBONDEN MET MORGEN · 76.22%
Accounts 443 days overdue0 of 2 deeds read
Signalsraises riskFigures for financial year 2023 (filed 26-03-2024)2 financial years not filed after the legal deadline; 1 of the last 3 lateLiquidity: current ratio 0.02, cash €200,272Two or more financial years not filedlowers riskSector: Real estate activities (NACE 68)neutralLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Average
Solvency
79-21
equity 53.5% of total assets
Liquidity
30-15
short-term debt 43.5% · cash 0.5%
Profitability
67+1
return on assets -1.8%
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.1%▼ -0.1 percentage points vs 11-2024
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.2%▲ +0.1 percentage points vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.3%▲ +0.1 percentage points vs 07-2025
09-2025: 0.4%▲ +0.1 percentage points vs 08-2025
10-2025: 0.8%▲ +0.4 percentage points vs 09-2025
11-2025: 0.8%● unchanged vs 10-2025
12-2025: 0.9%▲ +0.1 percentage points vs 11-2025
01-2026: 1.4%▲ +0.5 percentage points vs 12-2025
02-2026: 1.4%● unchanged vs 01-2026
03-2026: 1.4%● unchanged vs 02-2026
04-2026: 1.6%▲ +0.2 percentage points vs 03-2026
05-2026: 1.6%● unchanged vs 04-2026
06-2026: 1.6%● unchanged vs 05-2026
07-2026: 1.6%● unchanged vs 06-2026
08-2026: 2.1%▲ +0.5 percentage points vs 07-2026
09-2026: 2.1%● unchanged vs 08-2026
10-2026: 2.1%● unchanged vs 09-2026highest value
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2024 year end31-07-2025 deadline17-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 21-03-2024, 132 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
132 days early
2022
31 days late
2021
5 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 35 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2023 · abbreviated…
- Weakest financial yearnet -€673,228
- Annual accounts filedfinancial year 2022 · abbreviated…
Key points
- Risk: Accounts not fileddeadline was 31-07-2025 443 days late View
- Risk: 3 loss-making years in a rowloss financial year 2023 -€673,228 View
- Caution: Among the weakest 5% on net resultsector median €14,671 · 9,296 companies -€673,228 View
- Controlled by VERBONDEN MET MORGENultimately: Enterhold 76.22% View
By topic
Board & ownership
- Parent
- VERBONDEN MET MORGEN · 76.22%
Network & group
- Group
- Enterhold
Timeline
- Events
- 4
- Since
- 2022
- 26-07-2022Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Development of non-residential building projectsNACE 68122
- Founded
- 02-04-2021
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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