PELMEL
ActiveSummary
PELMEL has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €379,899 and a net result of €361,349. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 64% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency75▲+48
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.32 against 0.73 in 2023; short-term debt: 50.2% and cash: 20.6% of total assets), and 50.5% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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
Retail trade (NACE 47)
about 45% more bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
49.5%
Return on assets
47.1%
Age of the figures
21 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 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €379,899
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-05-2026, 300 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
300 d late
2023
22 d late
2022
23 d late
2021
30 d late
2020
30 d late
2019
61 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 78 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€361,349▼ 36.6%
2023 · €569,879
Working capital
€121,825
2023 · -€281,542
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€494,680▲ 48.8%€671,978▲ 35.8%€733,357▲ 9.1%€761,888▲ 3.9%€491,014▼ 35.6%
Net result€376,972above the sector's middle half▲ 60.1%€501,871above the sector's middle half▲ 33.1%€545,987above the sector's middle half▲ 8.8%€569,879above the sector's middle half▲ 4.4%€361,349above the sector's middle half▼ 36.6%
Equity€20,405below the sector's middle half=€322,276within the sector's middle half▲ 1,479%€20,405below the sector's middle half▼ 93.7%€18,550below the sector's middle half▼ 9.1%€379,899above the sector's middle half▲ 1,948%
Total assets€654,478within the sector's middle half▲ 47.8%€822,083within the sector's middle half▲ 25.6%€1.1mwithin the sector's middle half▲ 28.0%€1.1mwithin the sector's middle half▲ 1.4%€767,433above the sector's middle half▼ 28.0%
Debt€634,073▲ 50.1%€499,807▼ 21.2%€1.0m▲ 106%€1.0m▲ 1.6%€387,534▼ 63.0%
Working capital-€269,005below the sector's middle half▼ 421%-€33,525below the sector's middle half▲ 87.5%-€289,744below the sector's middle half▼ 764%-€281,542below the sector's middle half▲ 2.8%€121,825above the sector's middle half
Solvency3.1%below the sector's middle half▼ 1.5pp39.2%within the sector's middle half▲ 36.1pp1.9%below the sector's middle half▼ 37.3pp1.7%below the sector's middle half▼ 0.2pp49.5%within the sector's middle half▲ 47.8pp
Current ratio0.57below the sector's middle half▼ 0.300.93below the sector's middle half▲ 0.360.71below the sector's middle half▼ 0.220.73below the sector's middle half▲ 0.021.32within the sector's middle half▲ 0.59
Return on assets (ROA)57.6%above the sector's middle half▲ 4.4pp61.0%above the sector's middle half▲ 3.4pp51.9%above the sector's middle half▼ 9.1pp53.4%above the sector's middle half▲ 1.5pp47.1%above the sector's middle half▼ 6.4pp
Staff (FTE)6.4within the sector's middle half▲ 16.4%7.7within the sector's middle half▲ 20.3%10.9within the sector's middle half▲ 41.6%14.1within the sector's middle half▲ 29.4%14.3▲ 1.4%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2020 Net result +60% on 2019. The accounts now follow the full schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 36% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €767,433
Fixed assets
€260,291 ▼ 14.9%
Current assets
€507,142 ▼ 33.3%
Equity and liabilities €767,433
Equity
€379,899 ▲ 1,948%
Debt
€387,534 ▼ 63.0%
Debt's share of the balance-sheet total falls from 98.3% to 50.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€554,327▼
2023 · €823,741
Cash flow
€424,661▼
2023 · €631,732
Quick ratio
0.73▲
2023 · 0.52
Debt to equity
1.02▼
2023 · 56.49
ROE
95.1%
Interest coverage
75.63▼
2023 · 149.13
Debt ≤ 1 year
€385,317▼
2023 · €1.0m
Income taxes
€123,753▼
2023 · €192,020
Staff costs
€709,576▲
2023 · €601,898
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.3%
went bankrupt
3.2%
stopped otherwise
97%
still going
For this company itself Checked computes a higher bankruptcy probability: 1.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,811 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €292,079 | €461,028 | €601,898 | €709,576 | ▲ 17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,920 | €51,065 | €58,597 | €61,853 | €63,313 | ▲ 2.4% |
| Other operating charges640/8 | - | €3,978 | €136,507 | €529 | €2,574 | ▲ 387% |
| Non-recurring operating charges66A | - | - | €1,232 | - | - | - |
| Gross operating margin9900 | €682,379 | €1.0m | €1.4m | €1.4m | €1.3m | ▼ 11.2% |
| Operating profit (loss)9901 | €494,680 | €671,978 | €733,357 | €761,888 | €491,014 | ▼ 35.6% |
| Financial income75/76B | - | €46 | €4,134 | €5,535 | €1,418 | ▼ 74.4% |
| Recurring financial income75 | €77 | €46 | €4,134 | €5,535 | €1,418 | ▼ 74.4% |
| Financial charges65/66B | - | €6,546 | €4,406 | €5,524 | €7,330 | ▲ 32.7% |
| Recurring financial charges65 | €2,526 | €5,980 | €4,406 | €5,524 | €7,330 | ▲ 32.7% |
| Non-recurring financial charges66B | - | €565 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €492,230 | €665,479 | €733,085 | €761,900 | €485,102 | ▼ 36.3% |
| Income taxes67/77 | €115,258 | €163,608 | €187,099 | €192,020 | €123,753 | ▼ 35.6% |
| Profit (loss) for the period9904 | €376,972 | €501,871 | €545,987 | €569,879 | €361,349 | ▼ 36.6% |
| Profit (loss) for the period to be appropriated9905 | €376,972 | €501,871 | €545,987 | €569,879 | €361,349 | ▼ 36.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €654,478 | €822,083 | €1.1m | €1.1m | €767,433 | ▼ 28.0% |
| Fixed assets21/28 | €291,124 | €374,660 | €330,981 | €305,991 | €260,291 | ▼ 14.9% |
| Tangible fixed assets22/27 | €290,044 | €373,580 | €329,901 | €304,911 | €259,211 | ▼ 15.0% |
| Plant, machinery and equipment23 | - | €1,594 | €1,323 | €632 | €546 | ▼ 13.5% |
| Furniture and vehicles24 | - | €66,267 | €51,659 | €50,837 | €38,432 | ▼ 24.4% |
| Other tangible fixed assets26 | - | €305,720 | €276,918 | €253,443 | €220,233 | ▼ 13.1% |
| Financial fixed assets28 | €1,080 | €1,080 | €1,080 | €1,080 | €1,080 | = |
| Current assets29/58 | €363,354 | €447,422 | €720,954 | €760,487 | €507,142 | ▼ 33.3% |
| Stocks and contracts in progress3 | €95,000 | €120,000 | €220,000 | €217,950 | €224,958 | ▲ 3.2% |
| Stocks30/36 | - | €120,000 | €220,000 | €217,950 | €224,958 | ▲ 3.2% |
| Amounts receivable within one year40/41 | €205,943 | €201,265 | €285,843 | €405,177 | €118,067 | ▼ 70.9% |
| Trade receivables40 | - | €9,424 | €29,829 | €27,953 | €15,082 | ▼ 46.0% |
| Other amounts receivable41 | - | €191,841 | €256,014 | €377,224 | €102,985 | ▼ 72.7% |
| Cash at bank and in hand54/58 | €60,678 | €122,420 | €209,798 | €118,205 | €158,365 | ▲ 34.0% |
| Deferred charges and accrued income490/1 | - | €3,738 | €5,313 | €19,155 | €5,752 | ▼ 70.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €654,478 | €822,083 | €1.1m | €1.1m | €767,433 | ▼ 28.0% |
| Equity10/15 | €20,405 | €322,276 | €20,405 | €18,550 | €379,899 | ▲ 1,948% |
| Contributions10/11 | - | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €1,855 | €1,855 | €1,855 | €0 | - | - |
| Non-distributable reserves130/1 | - | €1,855 | €1,855 | €0 | - | - |
| Reserves not available under the articles1311 | - | €1,855 | €1,855 | €0 | - | - |
| Distributable reserves133 | - | - | - | €0 | - | - |
| Profit (loss) carried forward14 | - | €301,871 | €0 | - | €361,349 | - |
| Amounts payable17/49 | €634,073 | €499,807 | €1.0m | €1.0m | €387,534 | ▼ 63.0% |
| Amounts payable after more than one year17 | - | €17,689 | €10,174 | €2,560 | - | - |
| Financial debts170/4 | - | €17,689 | €10,174 | €2,560 | - | - |
| Amounts payable within one year42/48 | €632,359 | €480,947 | €1.0m | €1.0m | €385,317 | ▼ 63.0% |
| Current portion of amounts payable after more than one year42 | - | €34,847 | €22,369 | €33,101 | €22,949 | ▼ 30.7% |
| Trade debts44 | €26,188 | €33,590 | €50,699 | €113,656 | €80,971 | ▼ 28.8% |
| Suppliers440/4 | - | €33,590 | €50,699 | €113,656 | €80,971 | ▼ 28.8% |
| Taxes, remuneration and social security45 | - | €207,510 | €386,642 | €323,537 | €210,854 | ▼ 34.8% |
| Taxes450/3 | - | €120,796 | €277,528 | €207,433 | €73,911 | ▼ 64.4% |
| Remuneration and social security454/9 | - | €86,714 | €109,115 | €116,104 | €136,943 | ▲ 17.9% |
| Other amounts payable47/48 | - | €205,000 | €550,987 | €571,734 | €70,543 | ▼ 87.7% |
| Accrued charges and deferred income492/3 | - | €1,171 | €10,658 | €3,340 | €2,217 | ▼ 33.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €376,972 | €501,871 | €545,987 | €569,879 | €361,349 | ▼ 36.6% |
| + Depreciation and write-downs630 | €25,920 | €51,065 | €58,597 | €61,853 | €63,313 | ▲ 2.4% |
| Operating cash flow (approximation) | €402,892 | €552,936 | €604,583 | €631,732 | €424,661 | ▼ 32.8% |
| Investment in fixed assets (approximation) | - | -€134,601 | -€14,917 | -€36,863 | -€17,612 | ▲ 52.2% |
| Change in cash | - | €61,742 | €87,378 | -€91,593 | €40,160 | ▲ 144% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
27-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 300 days late
2024
31-12
Financial
Equity above €200,000Eq €379,899 ▲1,948%
7 profitable years in a row build equity to €379,899.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 22 days late
2023
31-12
Financial
Highest result since 2018net €569,879 ▲4.4%
Operating result €761,888, net result €569,879, both a record.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 23 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2021
31-12
Financial
Equity above €200,000Eq €322,276 ▲1,479%
4 profitable years in a row build equity to €322,276.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 14 days late
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Liège · 2 establishment units since 2015
Ground area
931 m²
Building footprint
395 m²
Volume, LiDAR
5,889 m³
2 parcels, Wallonia · tallest building 17.5 m, ±5 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
2 establishment units
ENFANT TERRIBLE
since 20152.240.579.145
CHROMATIK
since 20152.240.579.244
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62063A1574/00B000 | Wallonia | 662 m² | 1 · 204 m² | 17.5 m · 5 fl. |
| 62063A1610/00B000indicative | Wallonia | 269 m² | 1 · 191 m² | 17.1 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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SINT-MARTINUS
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DAZE
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Beau Monde
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Of 6,495 companies in sector 47716 we hold annual accounts for 2,441. 1,560 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded31-03-2015
Fiscal year end31-12
Activities, NACEBEL 2025
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47784Retail sale of souvenirs and religious articles
Contact
Phone
04/250.52.26Liège
Phone
04/250.65.46Liège
E-invoicing
Reachable via Peppol
Peppol ID
0208:0627740943
Registered
20-11-2020
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.