PELPAT
ActiveSummary
PELPAT has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €67k and a net result of €5k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 32% of 8048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability42▲+1
Solvency52▼-3
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity tight (current ratio 1.36 against 1.43 in 2024; short-term debt: 73.3% and cash: 37.6% of total assets), and 73.3% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% 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 2025Solvency, return and age of the figures
Solvency
26.7%
Return on assets
1.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
26 d late
2022
32 d late
2021
31 d late
2020
61 d late
2019
27 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Is the workforce growing, and do people stay?Employer check
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€5k▲ 61.0%
2024 · €3k
Working capital
€67k▲ 6.8%
2024 · €63k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€-11k€-28k▼ 149%€34k€6k▼ 83.7%€8k▲ 44.9%
Net result€-12k€-29k▼ 133%€34k€3k▼ 91.3%€5k▲ 61.0%
Equity€60k▼ 17.8%€30k▼ 49.1%€62k▲ 106%€63k▲ 1.1%€67k▲ 6.8%
Total assets€274k▲ 36.4%€190k▼ 30.5%€174k▼ 8.7%€208k▲ 20.0%€252k▲ 21.0%
Debt€214k▲ 66.9%€160k▼ 25.4%€111k▼ 30.5%€145k▲ 30.5%€185k▲ 27.2%
Working capital€60k▼ 15.0%€31k▼ 48.5%€62k▲ 100%€63k▲ 1.1%€67k▲ 6.8%
Staff (FTE)0.5=0.6▲ 20.0%0.5▼ 16.7%0.5=0.6▲ 20.0%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 45% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €252k
Fixed assets
€100 =
Current assets
€252k ▲ 21.0%
Equity and liabilities €252k
Equity
€67k ▲ 6.8%
Debt
€185k ▲ 27.2%
Debt's share of the balance-sheet total rises from 69.7% to 73.3%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.36▼
2024 · 1.43
Quick ratio
1.02▼
2024 · 1.25
Debt to equity
2.74▲
2024 · 2.30
ROE
7.1%▲
2024 · 4.7%
ROA
1.9%▲
2024 · 1.4%
Debt ≤ 1 year
€185k▲
2024 · €145k
Income taxes
€1k
Staff costs
€11k▼
2024 · €24k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €23k | €15k | €24k | €24k | €11k | ▼ 54.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €624 | €0 | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €14k | €1k | €52 | ▼ 95.6% |
| Other operating charges640/8 | €2k | €1k | €887 | €2k | €2k | ▲ 32.2% |
| Gross operating margin9900 | €15k | €-11k | €73k | €33k | €22k | ▼ 34.5% |
| Operating profit (loss)9901 | €-11k | €-28k | €34k | €6k | €8k | ▲ 44.9% |
| Financial income75/76B | €569 | €614 | €567 | €630 | €560 | ▼ 11.1% |
| Recurring financial income75 | €569 | €614 | €567 | €630 | €560 | ▼ 11.1% |
| Financial charges65/66B | €2k | €1k | €254 | €3k | €3k | ▼ 22.1% |
| Recurring financial charges65 | €2k | €1k | €254 | €3k | €3k | ▼ 22.1% |
| Profit (loss) for the period before taxes9903 | €-12k | €-29k | €34k | €3k | €6k | ▲ 106% |
| Income taxes67/77 | - | - | - | - | €1k | - |
| Profit (loss) for the period9904 | €-12k | €-29k | €34k | €3k | €5k | ▲ 61.0% |
| Profit (loss) for the period to be appropriated9905 | €-12k | €-29k | €34k | €3k | €5k | ▲ 61.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €274k | €190k | €174k | €208k | €252k | ▲ 21.0% |
| Fixed assets21/28 | €724 | €100 | €100 | €100 | €100 | = |
| Tangible fixed assets22/27 | €624 | €0 | - | - | - | - |
| Plant, machinery and equipment23 | €624 | €0 | - | - | - | - |
| Financial fixed assets28 | €100 | €100 | €100 | €100 | €100 | = |
| Current assets29/58 | €273k | €190k | €174k | €208k | €252k | ▲ 21.0% |
| Stocks and contracts in progress3 | €37k | €24k | €32k | €27k | €63k | ▲ 129% |
| Stocks30/36 | €37k | €24k | €32k | €27k | €63k | ▲ 129% |
| Amounts receivable within one year40/41 | €118k | €103k | €90k | €113k | €94k | ▼ 16.4% |
| Trade receivables40 | €77k | €101k | €86k | €113k | €90k | ▼ 20.3% |
| Other amounts receivable41 | €41k | €2k | €3k | €15 | €4k | ▲ 29,759% |
| Cash at bank and in hand54/58 | €118k | €63k | €52k | €68k | €95k | ▲ 39.3% |
| Deferred charges and accrued income490/1 | €227 | €268 | €175 | €288 | €309 | ▲ 7.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €274k | €190k | €174k | €208k | €252k | ▲ 21.0% |
| Equity10/15 | €60k | €30k | €62k | €63k | €67k | ▲ 6.8% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €17k | €17k | €17k | €17k | €17k | = |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Tax-exempt reserves132 | €15k | €15k | €15k | €15k | €15k | = |
| Distributable reserves133 | - | - | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €22k | €-7k | €26k | €27k | €32k | ▲ 17.6% |
| Investment grants15 | €2k | €2k | €1k | €522 | €0 | ▼ 100% |
| Amounts payable17/49 | €214k | €160k | €111k | €145k | €185k | ▲ 27.2% |
| Amounts payable within one year42/48 | €213k | €159k | €111k | €145k | €185k | ▲ 27.2% |
| Financial debts43 | - | - | - | €50k | €75k | ▲ 50.0% |
| Credit institutions430/8 | - | - | - | €50k | €75k | ▲ 50.0% |
| Trade debts44 | €112k | €151k | €97k | €60k | €70k | ▲ 16.7% |
| Suppliers440/4 | €112k | €151k | €97k | €60k | €70k | ▲ 16.7% |
| Taxes, remuneration and social security45 | €4k | €6k | €6k | €5k | €3k | ▼ 35.5% |
| Taxes450/3 | €750 | €1k | €285 | €711 | €1k | ▲ 89.2% |
| Remuneration and social security454/9 | €3k | €5k | €6k | €4k | €2k | ▼ 58.4% |
| Other amounts payable47/48 | €97k | €3k | €8k | €31k | €37k | ▲ 19.7% |
| Accrued charges and deferred income492/3 | €2k | €893 | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-12k | €-29k | €34k | €3k | €5k | ▲ 61.0% |
| + Depreciation and write-downs630 | €2k | €624 | €0 | - | - | - |
| Operating cash flow (approximation) | €-10k | €-28k | €34k | €3k | €5k | ▲ 61.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €-54k | €-11k | €16k | €27k | ▲ 68.2% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 26 days late
2023
31-12
Financial
Back to profitnet €34k
Net result €34k after 2 loss-making years.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 32 days late
2022
31-12
Financial
Weakest financial yearnet €-29k
Net result drops to €-29k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 61 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 27 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Ellezelles · 1 establishment unit since 2016
Ground area
4,226 m²
Building footprint
142 m²
Parcel 51017B0266/00N000, Wallonia. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Pelpat
since 20162.261.152.746
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51017B0266/00N000 | Wallonia | 4,226 m² | 1 · 142 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteEllezelles2.261.152.746
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Of 958 companies in sector 46319 we hold annual accounts for 610. 342 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
Founded21-12-2016
Fiscal year end31-12
Activities, NACEBEL 2025
10311Manufacture of food products
46319Wholesale of fruit and vegetables, excluding potatoes
01130Growing of vegetables, melons, roots and tubers
01240Growing of pome and stone fruits
Scores and ratios are computed by Checked and are not a credit decision.