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PELSIMMO

Active
Private limited companyfounded 200620 yrs activeSint-Benedictusstraat 121, 2640 Mortsel, BelgiumKBO/BCE: BE 0878.637.084
Summary

PELSIMMO has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €613,080 and a net result of €13,022. Equity is growing by ~2.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability62▼-9
Solvency92▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 37.21 against 0.94 in 2023; short-term debt: 0% and cash: 1.6% of total assets), and 33.2% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 20 years 0 30 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
36 d early
2023
36 d early
2022
34 d early
2021
34 d early
2020
39 d early
2019
38 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 36 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

PELSIMMO was incorporated on 16 January 2006.1 Total assets fell from EUR 1.1 million in 2018 to EUR 917,193 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
€613,080▲ 2.2%
2023 · €600,058
Total assets
€917,193▼ 3.4%
2023 · €949,512
Net result
€13,022▼ 33.1%
2023 · €19,454
Working capital
€15,661
2023 · -€801
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
Line20202021202220232024
Operating result€1,016€18,330▲ 1,704%€14,634▼ 20.2%€16,005▲ 9.4%€21,864▲ 36.6%
Net result€3,478€20,499▲ 489%€17,695▼ 13.7%€19,454▲ 9.9%€13,022▼ 33.1%
Equity€542,410▲ 0.6%€562,909▲ 3.8%€580,604▲ 3.1%€600,058▲ 3.4%€613,080▲ 2.2%
Total assets€1.1m▼ 3.5%€1.0m▼ 2.9%€986,368▼ 3.8%€949,512▼ 3.7%€917,193▼ 3.4%
Debt€514,019▼ 7.5%€462,664▼ 10.0%€405,764▼ 12.3%€349,454▼ 13.9%€304,112▼ 13.0%
Working capital-€4,201▲ 26.8%-€6,484▼ 54.4%-€5,159▲ 20.4%-€801▲ 84.5%€15,661
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000Operating result 2020: €1,016€1,016Net result 2020: €3,478€3,478Operating result 2021: €18,330€18,330Net result 2021: €20,499€20,499Operating result 2022: €14,634€14,634Net result 2022: €17,695€17,695Operating result 2023: €16,005€16,005Net result 2023: €19,454€19,454Operating result 2024: €21,864€21,864Net result 2024: €13,022€13,02220202021202220232024€0€10,000€20,000Operating result 2022: €14,634€14,600Net result 2022: €17,695€17,700Operating result 2023: €16,005€16,000Net result 2023: €19,454€19,500Operating result 2024: €21,864€21,900Net result 2024: €13,022€13,000202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 37% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €917,193
Fixed assets €901,099 ▼ 3.8%
Current assets €16,094 ▲ 25.2%
Equity and liabilities €917,193
Equity €613,080 ▲ 2.2%
Debt €304,112 ▼ 13.0%
Debt's share of the balance-sheet total falls from 36.8% to 33.2%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€61,770▲
2023 · €55,862
Cash flow
€52,928▼
2023 · €59,311
Current ratio
37.21▲
2023 · 0.94
Debt to equity
0.50▼
2023 · 0.58
ROE
2.1%▼
2023 · 3.2%
ROA
1.4%▼
2023 · 2.0%
Interest coverage
4.95▼
2023 · 773.92
Debt ≤ 1 year
€432▼
2023 · €13,654
Debt > 1 year
€292,000▼
2023 · €335,800
Income taxes
€374▲
2023 · €344
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,733 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 0.9% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 14,733 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines
Balance sheet Code20232024
Assets
Total assets20/58€949,512€917,193▼
Fixed assets21/28€936,660€901,099▼
Tangible fixed assets22/27€935,765€900,124▼
Land and buildings22€935,406€899,985▼
Plant, machinery and equipment23€231€123▼
Furniture and vehicles24€128€16▼
Financial fixed assets28€895€975▲
Current assets29/58€12,852€16,094▲
Cash at bank and in hand54/58€11,703€14,914▲
Deferred charges and accrued income490/1€1,149€1,179▲
Equity and liabilities
Total equity and liabilities10/49€949,512€917,193▼
Equity10/15€600,058€613,080▲
Contributions10/11€650,000€650,000=
Profit (loss) carried forward14-€49,942-€36,920▲
Amounts payable17/49€349,454€304,112▼
Amounts payable after more than one year17€335,800€292,000▼
Financial debts170/4€335,800€292,000▼
Amounts payable within one year42/48€13,654€432▼
Current portion of amounts payable after more than one year42€351-
Trade debts44€463€390▼
Suppliers440/4€463€390▼
Other amounts payable47/48€12,840€42▼
Accrued charges and deferred income492/3-€11,680
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39,857€39,906▲
Other operating charges640/8€7,075€7,268▲
Gross operating margin9900€62,937€69,038▲
Operating profit (loss)9901€16,005€21,864▲
Financial income75/76B€3,865€4,002▲
Recurring financial income75€3,865€4,002▲
Financial charges65/66B€72€12,470▲
Recurring financial charges65€72€12,470▲
Profit (loss) for the period before taxes9903€19,798€13,396▼
Income taxes67/77€344€374▲
Profit (loss) for the period9904€19,454€13,022▼
Profit (loss) for the period to be appropriated9905€19,454€13,022▼
Appropriation of the result
Profit (loss) to be appropriated9906-€49,942-€36,920▲
Profit (loss) brought forward from the previous period14P-€69,396-€49,942▲

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39,447€39,767€39,847€39,857€39,906▲ 0.1%
Other operating charges640/8-€6,372€6,459€7,075€7,268▲ 2.7%
Gross operating margin9900€46,736€64,468€60,940€62,937€69,038▲ 9.7%
Operating profit (loss)9901€1,016€18,330€14,634€16,005€21,864▲ 36.6%
Financial income75/76B-€3,234€3,581€3,865€4,002▲ 3.5%
Recurring financial income75€2,957€3,234€3,581€3,865€4,002▲ 3.5%
Financial charges65/66B-€528€213€72€12,470▲ 17,176%
Recurring financial charges65€494€528€213€72€12,470▲ 17,176%
Profit (loss) for the period before taxes9903€3,478€21,036€18,001€19,798€13,396▼ 32.3%
Income taxes67/77-€537€307€344€374▲ 8.8%
Profit (loss) for the period9904€3,478€20,499€17,695€19,454€13,022▼ 33.1%
Profit (loss) for the period to be appropriated9905€3,478€20,499€17,695€19,454€13,022▼ 33.1%
Line20202021202220232024Change
Assets
Total assets20/58€1.1m€1.0m€986,368€949,512€917,193▼ 3.4%
Fixed assets21/28€1.0m€1.0m€975,514€936,660€901,099▼ 3.8%
Tangible fixed assets22/27€1.0m€1.0m€974,619€935,765€900,124▼ 3.8%
Land and buildings22-€1.0m€973,980€935,406€899,985▼ 3.8%
Plant, machinery and equipment23-€565€398€231€123▼ 46.7%
Furniture and vehicles24-€354€241€128€16▼ 87.7%
Financial fixed assets28€845€845€895€895€975▲ 8.9%
Current assets29/58€9,818€10,263€10,854€12,852€16,094▲ 25.2%
Cash at bank and in hand54/58€8,808€9,343€10,369€11,703€14,914▲ 27.4%
Deferred charges and accrued income490/1-€920€485€1,149€1,179▲ 2.6%
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.0m€986,368€949,512€917,193▼ 3.4%
Equity10/15€542,410€562,909€580,604€600,058€613,080▲ 2.2%
Contributions10/11-€650,000€650,000€650,000€650,000=
Profit (loss) carried forward14-€107,590-€87,091-€69,396-€49,942-€36,920▲ 26.1%
Amounts payable17/49€514,019€462,664€405,764€349,454€304,112▼ 13.0%
Amounts payable after more than one year17€500,000€445,918€389,751€335,800€292,000▼ 13.0%
Financial debts170/4-€445,918€389,751€335,800€292,000▼ 13.0%
Amounts payable within one year42/48€14,019€16,747€16,013€13,654€432▼ 96.8%
Current portion of amounts payable after more than one year42-€3,536€2,116€351--
Trade debts44€765€392€1,085€463€390▼ 15.7%
Suppliers440/4-€392€1,085€463€390▼ 15.7%
Other amounts payable47/48-€12,820€12,812€12,840€42▼ 99.7%
Accrued charges and deferred income492/3----€11,680-
Line20202021202220232024Change
Profit (loss) for the period9904€3,478€20,499€17,695€19,454€13,022▼ 33.1%
+ Depreciation and write-downs630€39,447€39,767€39,847€39,857€39,906▲ 0.1%
Operating cash flow (approximation)€42,925€60,266€57,541€59,311€52,928▼ 10.8%
Investment in fixed assets (approximation)--€8,466-€50-€1,003-€4,345▼ 333%
Change in cash-€536€1,025€1,334€3,211▲ 141%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
25-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Liquidity times 40current ratio 37.21
Current ratio from 0.94 to 37.21; short-term debt falls from €13,654 to €432.
25-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Highest result since 2018net €20,499 ▲489%
Net result €20,499, the highest in the series.
22-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Back to profitnet €3,478
Net result €3,478 after 2 loss-making years.
23-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
24-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
06-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
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, Mortsel · 1 establishment unit since 2006
seat establishment The establishment unit on the map
Ground area
774 m²
Parcel 11513C0250/00T002, Flanders. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Pelsimmo
Sint-Benedictusstraat 121, 2640 MortselNACE 7012001
since 20062.151.935.991
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11513C0250/00T002 Flanders 774 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded16-01-2006
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.