PELSER
ActivePELSER has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €37k and a net result of €39k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 37% of 2024 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability93▲+93
Solvency43▲+19
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.21 against 1.03 in 2023; short-term debt: 74.2% and cash: 9.5% of total assets), and 81.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
18.2%
Return on assets
19.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
57 d late
2022
72 d late
2021
61 d late
2020
61 d late
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€37k
2023 · €-3k
2018: €8k
2019: €13k
2020: €-1k
2021: €39k
2022: €34k
2023: €-3k
2018 → 2024
Total assets
€201k▼ 6.2%
2023 · €214k
2018: €57k
2019: €69k
2020: €94k
2021: €132k
2022: €176k
2023: €214k
2018 → 2024
Net result
€39k
2023 · €-37k
2018: €-2k
2019: €5k
2020: €-14k
2021: €40k
2022: €-5k
2023: €-37k
2018 → 2024
Working capital
€32k▲ 542%
2023 · €5k
2018: €16k
2019: €25k
2020: €-6k
2021: €28k
2022: €54k
2023: €5k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-1k-€39k€34k▼ 12.1%€-3k€37k
Operating result€-12k-€54k€-238€-28k▼ 11,778%€55k
Net result€-14k-€40k€-5k€-37k▼ 685%€39k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €55k after a loss of €28k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €201k
Fixed assets
€20k▲ 5.6%
Current assets
€181k▼ 7.4%
Equity and liabilities €201k
Equity
€37k
Debt
€164k
Debt finances 81.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€59k▲
2023 · €-26k
Cash flow
€43k▲
2023 · €-34k
Solvency
18.2%▲
2023 · -1.2%
Current ratio
1.21▲
2023 · 1.03
Quick ratio
0.51▲
2023 · 0.43
Debt / equity
4.49▲
2023 · -81.81
ROE
107.2%
ROA
19.5%▲
2023 · -17.2%
Interest coverage
6.96▲
2023 · -3.20
Debt
€164k▼
2023 · €217k
Debt ≤ 1 year
€149k▼
2023 · €190k
Debt > 1 year
€15k▼
2023 · €27k
Income taxes
€7k▲
2023 · €551
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€214k€201k▼
Fixed assets21/28€19k€20k▲
Tangible fixed assets22/27€13k€14k▲
Plant, machinery and equipment23€7k€10k▲
Furniture and vehicles24€6k€4k▼
Financial fixed assets28€6k€6k=
Current assets29/58€195k€181k▼
Stocks and contracts in progress3€113k€104k▼
Stocks30/36€113k€104k▼
Amounts receivable within one year40/41€33k€43k▲
Trade receivables40€29k€42k▲
Other amounts receivable41€4k€1k▼
Cash at bank and in hand54/58€33k€19k▼
Deferred charges and accrued income490/1€17k€15k▼
Equity and liabilities
Total equity and liabilities10/49€214k€201k▼
Equity10/15€-3k€37k▲
Contributions10/11€11k€11k=
Reserves13€28k€28k=
Distributable reserves133€28k€28k=
Profit (loss) carried forward14€-41k€-2k▲
Amounts payable17/49€217k€164k▼
Amounts payable after more than one year17€27k€15k▼
Financial debts170/4€27k€15k▼
Amounts payable within one year42/48€190k€149k▼
Current portion of amounts payable after more than one year42€11k€11k▲
Financial debts43€52k€45k▼
Credit institutions430/8€52k€45k▼
Trade debts44€94k€56k▼
Suppliers440/4€94k€56k▼
Advances received on contracts in progress46€9k€20k▲
Taxes, remuneration and social security45€10k€12k▲
Taxes450/3€10k€12k▲
Remuneration and social security454/9-€63
Other amounts payable47/48€14k€5k▼
Income statement
Code20232024
Non-recurring operating income76A€1k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€4k▲
Other operating charges640/8€1k€7k▲
Gross operating margin9900€-24k€66k▲
Operating profit (loss)9901€-28k€55k▲
Financial income75/76B€33€55▲
Recurring financial income75€33€55▲
Financial charges65/66B€8k€8k▲
Recurring financial charges65€8k€8k▲
Profit (loss) for the period before taxes9903€-36k€47k▲
Income taxes67/77€551€7k▲
Profit (loss) for the period9904€-37k€39k▲
Profit (loss) for the period to be appropriated9905€-37k€39k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-41k€-2k▲
Profit (loss) brought forward from the previous period14P€-5k€-41k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Back to profitnet €39k
Net result €39k after 2 loss-making years.
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
2023
31-12
Financial
Weakest financial yearnet €-37k
Net result drops to €-37k, the lowest in the series; recovery starts the following year.
11-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 72 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Back to profitnet €40k
Net result €40k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
09-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Rumst · 2 establishment units since 2017
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.
Veerstraat 302840 RumstGround area
1,347 m²
Building footprint
79 m²
Volume, LiDAR
504 m³
2 parcels, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
PELSER
since 20172.269.798.119
PELSER
since 20262.393.170.835
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12422D0402/00Z000 | Flanders | 1,127 m² | - | - |
| 11037D0079/02M000 | Flanders | 220 m² | 1 · 79 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 360 EUR awarded · 360 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 360 EUR | 360 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 233 companies in sector 77221 we hold annual accounts for 125. 76 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-10-2017
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
77221Rental and leasing activities
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
47990Retail trade
77110Renting and leasing of cars and light motor vehicles
77222Rental and leasing activities
77229Renting and leasing of other personal and household goods
77299Rental and leasing activities
95240Repair and maintenance of furniture and upholstery
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.