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PELLETFACTORY

Active Private limited companyfounded 2013active for 13 yearsLichterstraat 75, 2870 Puurs-Sint-AmandsKBO/BCE: BE 0518.874.477

Lifetime

12 annual accounts with figures on one time axis
peak €245,554 (2022)
€31,381▼ 53.2%
lowest -€235,407 (2014)
-€32,086▼ €36,189
peak €188,323 (2024)
€156,237▼ 17.0%
€308,610▲ 11.3%
peak 1.1 FTE (2022)
1.1 FTEunchanged
Board4 names since 2018
2 directors and 1 other
Owners
  
Documentsfilings and deeds
01-06-202660 days before the deadline
2025abbreviated format
Gross margin from €66,990 to €31,381Loss of €32,086Equity from €188,323 to €156,237

Key points

from the 2025 annual accounts

Turnover

≈ €110,000 estimated

The accounts state no turnover.

Filings

12 annual accounts since 2014
AprilJune31 JulyOctober201520202025

Three of the last ten came late. The 2019 accounts came latest: 90 days after the end of the period.

Position in the sector

-€32,086

Lower net result than 83% of companies in wood and cork. Sector median €33,951 · 370 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,908 companies had the same profile as PELLETFACTORY has now. Each dot stands for 18 companies, two years later.

90.9%
were still trading
7.8%
stopped another way
1.1%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,908 companies, not a prediction for PELLETFACTORY. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 26-02-2020
Director, since 26-02-2020
  • annual accounts 2020
  • annual accounts 2020
Board & ownership

Recent changes

Amendment of the articles · Legal-form change General meeting of 06-02-2020 · Gazette deed
Resignation: (manager) General meeting of 16-02-2018 · Gazette deed
Resignation: (manager) General meeting of 16-02-2018 · Gazette deed
Registered office moved within Puurs New registered office: Lichterstraat 75, 2870 Puurs · Previous registered office: Guido Gezellelaan 111, 2870 Puurs · General meeting of 23-11-2015 · Gazette deed
All 24 events

Comparable companies

same main activity, similar in size and age
Company
PELLETFACTORY Puurs-Sint-Amands €464,847 €31,381 33.6% 1.1
Parket Line Roeselare €291,658 €62,325 -35.7% 1.8
GST Herenthout €123,574 €34,567 9.2% 0.6
VERVLOESEM Putte €772,360 €164,919 27.4% 0.4
TORFS HUGO Sint-Katelijne-Waver €256,923 €39,057 98.5% -
ROBIN MENUISERIE Ixelles €281,851 €117,635 5.3% 1.5
SB PROJECTS Grimbergen €509,684 €95,481 -4.6% 3.3

These companies have the same main activity as PELLETFACTORY: sawmilling and planing of wood (NACE 16110). They are comparable in size and age: total assets between €124,000 and €772,000, founded between 2005 and 2018.

Official details

Source: KBO
Status
Active since 22-02-2013Normal situation
Activity
Sawmilling and planing of woodNACE 16110and 4 others
Joint committees
100Auxiliary committee for blue-collar workers
201Independent retail · annual accounts 2025
Establishment unit
2.218.237.0752870 Puurs-Sint-Amands, since 26-02-2013
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€464,847▼ 0.2%
Filing
Filed on 01-06-2026, 60 days before the end of the filing period
Financials

Insights on PELLETFACTORY

PELLETFACTORY files the abbreviated format. That format states no turnover. The gross margin rose from -€5,678 in 2014 to €31,381 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about PELLETFACTORY

What is the company number of PELLETFACTORY?
The company number of PELLETFACTORY is 0518.874.477. The VAT number is the same number with BE in front: BE 0518.874.477.
Where is PELLETFACTORY based?
The registered office is at Lichterstraat 75, 2870 Puurs-Sint-Amands.Company details
What does PELLETFACTORY do?
According to the KBO register, the main activity is sawmilling and planing of wood (NACE 16110).
What is the legal form of PELLETFACTORY?
PELLETFACTORY is a private limited company (BV).
When was PELLETFACTORY founded?
PELLETFACTORY was founded on 22-02-2013.
Is PELLETFACTORY still active?
Yes, PELLETFACTORY is an active enterprise in the KBO register.
How many employees does PELLETFACTORY have?
PELLETFACTORY had an average of 1.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does PELLETFACTORY fall under?
In its 2025 annual accounts, PELLETFACTORY states joint committees 100 (Auxiliary committee for blue-collar workers) and 201 (Independent retail).
What is the turnover of PELLETFACTORY?
The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €31,381 and 1,231 comparable companies of the same size. It probably lies between €60,000 and €210,000. It is a rough estimate.
Is PELLETFACTORY profitable?
In financial year 2025, PELLETFACTORY made a loss of €32,086.
Where can I find the annual accounts of PELLETFACTORY?
PELLETFACTORY filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PELLETFACTORY due?
PELLETFACTORY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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