Equity
€54,289 from €111,478 in 2013
Equity fell by 51% in 12 years.
Pénates
Lifetime
13 annual accounts with figures on one time axispeak €96,363 (2022)
€29,598▼ 43.3%
lowest -€108,397 (2020)
€11,068▼ 78.0%
peak €111,478 (2013)
€54,289▲ 25.6%
€415,660▼ 7.8%
peak 0 FTE (2023)
0 FTE
Board2 names since 2013
1 director
Documentsfilings and deeds
07-07-202624 days before the deadline
2025abbreviated format
Gross margin from €52,166 to €29,598Result from €50,343 to €11,068Equity from €43,220 to €54,289Cash from €26,774 to €106,897
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 4,107 companies had the same profile as Pénates has now. Each dot stands for 11 companies, two years later.
97.9%
were still trading
0.9%
stopped another way
1.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,107 companies, not a prediction for Pénates. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Change of role: , from manager to director
“Management; Uitoefenen van bestuurdersmandaten; Beheer van roerende goederen” (deed in French) · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0502839585
Registered office moved from Celles to Kortrijk
New registered office: Residentie BEVERLY, Hoveniersstraat 25A bus 21, 8500 Kortrijk · Previous registered office: Chemin Vert 11, 7760 Celles (lez-Tournai) · General meeting of 27-05-2020 · Gazette deed
Resignation: (manager)
General meeting of 13-02-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Pénates Kortrijk | €469,949 | €29,598 | 11.6% | 0 |
| CHAPEWERKEN KOEN MARIUS Destelbergen | €397,774 | €30,174 | 36.5% | 0 |
| SOGNO ITALIANO Lievegem | €584,806 | €31,249 | -2.2% | 0 |
| GI-Invest Ingelmunster | €354,406 | €37,151 | 88.8% | 0 |
| NMB Projects Ghent | €340,292 | €39,867 | 81.4% | 0 |
| R&G Zutendaal | €372,118 | €55,383 | 47.5% | 0 |
| MD TRAVEL Estaimpuis | €521,548 | €28,316 | 14.1% | 0 |
These companies have the same main activity as Pénates: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €340,000 and €585,000, founded between 2011 and 2016.
Official details
Source: KBO- Status
- Active since 28-01-2013Normal situation
- Activity
- Buying and selling of own real estateNACE 68110and 1 other
- Establishment unit
- 2.221.202.3078500 Kortrijk, since 28-01-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 17-12-2025
Annual accounts 2025
- ≈ €81,000estimated
- €469,949▼ 4.9%
- Filing
- Filed on 07-07-2026, 24 days before the end of the filing period
Insights on Pénates
Pénates files the abbreviated format. That format states no turnover. The gross margin rose from -€7,140 in 2013 to €29,598 in 2025.
The balance sheet grew most from 2016 to 2018 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Pénates
- What is the company number of Pénates?
- The company number of Pénates is 0502.839.585. The VAT number is the same number with BE in front: BE 0502.839.585.
- Where is Pénates based?
- The registered office is at Hoveniersstraat 25A, 8500 Kortrijk.Company details
- What does Pénates do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of Pénates?
- Pénates is a private limited company (BV).
- When was Pénates founded?
- Pénates was founded on 28-01-2013.
- Is Pénates still active?
- Yes, Pénates is an active enterprise in the KBO register.
- What is the turnover of Pénates?
- The turnover in financial year 2025 is ≈ €81,000. This figure is estimated from the gross margin of €29,598 and 32 comparable companies (NACE 681). It probably lies between €45,000 and €170,000.Financials
- Is Pénates profitable?
- In financial year 2025, Pénates made a profit of €11,068.
- Where can I find the annual accounts of Pénates?
- Pénates filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Pénates due?
- Pénates must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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