PELSSEL
Open bankruptcyA bankruptcy procedure is open for PELSSEL according to publications in the Belgian State Gazette; curator: CHRISTOPHE BAUDOUX.
Summary
The file additionally contains 1 administrative flag. The 2024 annual accounts show equity of €92,083 and a net result of €59,587.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- French-language Enterprise Court of Brussels
- Declared bankrupt
- 12 November 2025
- Supervising judge
- Philippe Gusbin
- Official Gazette
- 21-11-2025 (pdf) ↗search the document for 2025/148054
Deadlines
- Appeal or third-party opposition until
- passed on 6 December 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 12 December 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 17 December 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- 12 November 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Christophe BaudouxRue De Clairvaux, 40/202, 1348 Louvain-La-Neuvechristophe.baudoux@walk.law
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 24-06-2025, 37 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
55 d late
2022
70 d late
2021
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 30 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struckAddress strikeout annulled
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Non-scheduled passenger transport by road sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Turnover
€600,252
EBIT margin
12.0%
Net result
€59,587▲ 265%
2023 · €16,336
Working capital
€60,009▲ 577%
2023 · €8,861
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Turnover€600,252
Operating result€1,279--€2,988€20,025€72,101▲ 260%
Net result€1,279within the sector's middle half--€3,119below the sector's middle half€16,336within the sector's middle half€59,587above the sector's middle half▲ 265%
EBIT margin12.0%
Equity€19,279within the sector's middle half-€16,160within the sector's middle half▼ 16.2%€32,496within the sector's middle half▲ 101%€92,083within the sector's middle half▲ 183%
Total assets€23,629below the sector's middle half-€42,673below the sector's middle half▲ 80.6%€144,311within the sector's middle half▲ 238%€128,763within the sector's middle half▼ 10.8%
Debt€4,350-€26,513▲ 509%€111,816▲ 322%€36,680▼ 67.2%
Working capital€14,445within the sector's middle half-€13,327within the sector's middle half▼ 7.7%€8,861within the sector's middle half▼ 33.5%€60,009above the sector's middle half▲ 577%
Solvency81.6%above the sector's middle half-37.9%within the sector's middle half▼ 43.7pp22.5%within the sector's middle half▼ 15.4pp71.5%above the sector's middle half▲ 49.0pp
Current ratio4.32above the sector's middle half-1.50within the sector's middle half▼ 2.821.08within the sector's middle half▼ 0.422.64above the sector's middle half▲ 1.56
Return on assets (ROA)5.4%within the sector's middle half--7.3%below the sector's middle half▼ 12.7pp11.3%within the sector's middle half▲ 18.6pp46.3%above the sector's middle half▲ 35.0pp
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 260% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €128,763
Fixed assets
€32,074 ▲ 35.7%
Current assets
€96,689 ▼ 19.9%
Equity and liabilities €128,763
Equity
€92,083 ▲ 183%
Debt
€36,680 ▼ 67.2%
Debt's share of the balance-sheet total falls from 77.5% to 28.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€76,202▲
2023 · €23,561
Cash flow
€63,688▲
2023 · €19,873
Quick ratio
2.36▲
2023 · 0.98
Debt to equity
0.40▼
2023 · 3.44
ROE
64.7%▲
2023 · 50.3%
Interest coverage
148.25▼
2023 · 233.28
Debt ≤ 1 year
€36,680▼
2023 · €111,816
Income taxes
€12,000▲
2023 · €3,588
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 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | - | - | €600,252 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €524,050 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,167 | €2,000 | €3,537 | €4,101 | ▲ 15.9% |
| Gross operating margin9900 | €2,445 | -€988 | €23,561 | €76,202 | ▲ 223% |
| Operating profit (loss)9901 | €1,279 | -€2,988 | €20,025 | €72,101 | ▲ 260% |
| Financial income75/76B | - | €13 | - | - | - |
| Recurring financial income75 | - | €13 | - | - | - |
| Financial charges65/66B | - | €144 | €101 | €514 | ▲ 409% |
| Recurring financial charges65 | - | €144 | €101 | €514 | ▲ 409% |
| Profit (loss) for the period before taxes9903 | €1,279 | -€3,119 | €19,924 | €71,587 | ▲ 259% |
| Income taxes67/77 | - | - | €3,588 | €12,000 | ▲ 234% |
| Profit (loss) for the period9904 | €1,279 | -€3,119 | €16,336 | €59,587 | ▲ 265% |
| Profit (loss) for the period to be appropriated9905 | €1,279 | -€3,119 | €16,336 | €59,587 | ▲ 265% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €23,629 | €42,673 | €144,311 | €128,763 | ▼ 10.8% |
| Fixed assets21/28 | €4,833 | €2,833 | €23,635 | €32,074 | ▲ 35.7% |
| Tangible fixed assets22/27 | €4,833 | €2,833 | €23,635 | €32,074 | ▲ 35.7% |
| Furniture and vehicles24 | €4,833 | €2,833 | €23,635 | €32,074 | ▲ 35.7% |
| Current assets29/58 | €18,796 | €39,839 | €120,677 | €96,689 | ▼ 19.9% |
| Stocks and contracts in progress3 | - | €11,041 | €11,041 | €10,074 | ▼ 8.8% |
| Stocks30/36 | - | €11,041 | €11,041 | €10,074 | ▼ 8.8% |
| Amounts receivable within one year40/41 | €18,796 | €9,500 | €108,183 | €65,028 | ▼ 39.9% |
| Trade receivables40 | - | €0 | €107,883 | €65,028 | ▼ 39.7% |
| Other amounts receivable41 | €18,796 | €9,500 | €299 | - | - |
| Cash at bank and in hand54/58 | - | €19,298 | €1,453 | €21,484 | ▲ 1,379% |
| Deferred charges and accrued income490/1 | - | - | - | €102 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €23,629 | €42,673 | €144,311 | €128,763 | ▼ 10.8% |
| Equity10/15 | €19,279 | €16,160 | €32,496 | €92,083 | ▲ 183% |
| Contributions10/11 | €18,000 | €18,000 | €18,000 | €18,000 | = |
| Profit (loss) carried forward14 | €1,279 | -€1,840 | €14,496 | €74,083 | ▲ 411% |
| Amounts payable17/49 | €4,350 | €26,513 | €111,816 | €36,680 | ▼ 67.2% |
| Amounts payable within one year42/48 | €4,350 | €26,513 | €111,816 | €36,680 | ▼ 67.2% |
| Financial debts43 | - | - | €176 | - | - |
| Credit institutions430/8 | - | - | €176 | - | - |
| Trade debts44 | €1,371 | €8,870 | €68,665 | €18,008 | ▼ 73.8% |
| Suppliers440/4 | €1,371 | €8,870 | €68,665 | €18,008 | ▼ 73.8% |
| Taxes, remuneration and social security45 | €2,979 | €1,655 | €29,582 | €16,580 | ▼ 44.0% |
| Taxes450/3 | €101 | €1,655 | €10,293 | €12,000 | ▲ 16.6% |
| Remuneration and social security454/9 | €2,877 | - | €19,289 | €4,580 | ▼ 76.3% |
| Other amounts payable47/48 | - | €15,988 | €13,392 | €2,092 | ▼ 84.4% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,279 | -€3,119 | €16,336 | €59,587 | ▲ 265% |
| + Depreciation and write-downs630 | €1,167 | €2,000 | €3,537 | €4,101 | ▲ 15.9% |
| Operating cash flow (approximation) | €2,445 | -€1,119 | €19,873 | €63,688 | ▲ 220% |
| Investment in fixed assets (approximation) | - | €0 | -€24,338 | -€12,540 | ▲ 48.5% |
| Change in cash | - | - | -€17,845 | €20,031 | ▲ 212% |
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
30-06
Bankruptcy
Supervising judge replaced
Tribunal de l’entreprise francophone de Bruxelles · event 22-06-2026
2025
21-11
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 12-11-2025
03-10
KBO administration
Address strikeout annulled
08-08
KBO administration
Address struck
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €59,587 ▲265%
Operating result €72,101, net result €59,587, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.64
Current ratio from 1.08 to 2.64; short-term debt falls from €111,816 to €36,680.
24-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 55 days late
2023
31-12
Financial
Back to profitnet €16,336
Net result €16,336 after one loss-making year.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
31-12
Financial
Weakest financial yearnet -€3,119
Net result drops to -€3,119, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 17 acts read
About the unread acts
We know of 17 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
17 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, Brussel · 1 establishment unit since 2021
Ground area
9,364 m²
Building footprint
762 m²
Volume, LiDAR
13,902 m³
2 parcels, Brussels · tallest building 27.7 m, ±8 floors. Linked by address, not a title deed.
472
companies at this address
See who is registered here
1 establishment unit
PELSSEL
since 20212.316.574.586
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21524C0028/00M000 | Brussels | 8,694 m² | 1 · 274 m² | 14.7 m · 4 fl. |
| 21808H1778/00D000 | Brussels | 670 m² | 1 · 488 m² | 27.7 m · 8 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHRISTOPHE BAUDOUX RUE DE CLAIRVAUX,
40/202, 1348 LOUVAIN-LA-NEUVE |
12-11-2025 → present |
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Of 6,971 companies in sector 49320 we hold annual accounts for 2,715. 1,945 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
Founded30-04-2021
Fiscal year end31-12
Activities, NACEBEL 2025
49320Non-scheduled passenger transport by road
47811Retail sale of cars and light vans (up to 3.5 tonnes)
49330On-demand passenger transport by chauffeured vehicle
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.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.