PENDO
ActiveSummary
PENDO has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €550 and a net result of €83k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 14% of 7058 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency25=
Growth68=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
0.3%
Return on assets
51.1%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 7058 sector peers (2025).
NBB · sector comparisonPosition among 7058 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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
25 d late
2024
19 d late
2023
22 d late
2022
71 d late
2021
74 d late
2016
68 d early
2015
23 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€550=
2024 · €550
Total assets
€162k▼ 18.7%
2024 · €199k
Net result
€83k▼ 3.1%
2024 · €85k
Working capital
€534
2024 · €-974
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€64k-€1k▼ 97.7%€86k▲ 5,650%€113k▲ 31.1%€109k▼ 3.0%
Net result€50k-€258▼ 99.5%€60k▲ 23,129%€85k▲ 42.4%€83k▼ 3.1%
Equity€550-€808▲ 46.8%€550▼ 31.9%€550=€550=
Total assets€96k-€75k▼ 21.9%€158k▲ 112%€199k▲ 25.7%€162k▼ 18.7%
Debt€95k-€74k▼ 22.3%€158k▲ 113%€198k▲ 25.8%€161k▼ 18.7%
Working capital€-2k-€-634▲ 67.4%€181€-974€534
Staff (FTE)0.20.2=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 3% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €162k
Fixed assets
€944 ▼ 38.1%
Current assets
€161k ▼ 18.5%
Equity and liabilities €162k
Equity
€550 =
Debt
€161k ▼ 18.7%
Debt's share of the balance-sheet total falls from 99.7% to 99.7%. Debt is lower.
Key figures and ratios
EBITDA
€110k▼
2024 · €113k
Cash flow
€83k▼
2024 · €86k
Current ratio
1.00▲
2024 · 1.00
ROA
51.1%▲
2024 · 42.9%
Interest coverage
26.22▼
2024 · 30.01
Debt ≤ 1 year
€160k▼
2024 · €198k
Income taxes
€22k▼
2024 · €24k
Staff costs
€157▼
2024 · €240
Equity ratios withheld: equity of €550 is too small for a meaningful ratio.
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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €628 | - |
| Remuneration, social security and pensions62 | €10k | €10k | €6k | €240 | €157 | ▼ 34.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €1k | €1k | €587 | €581 | ▼ 1.0% |
| Other operating charges640/8 | €406 | €474 | €394 | €610 | €490 | ▼ 19.6% |
| Non-recurring operating charges66A | - | - | - | €3k | - | - |
| Gross operating margin9900 | €76k | €13k | €94k | €117k | €110k | ▼ 5.7% |
| Operating profit (loss)9901 | €64k | €1k | €86k | €113k | €109k | ▼ 3.0% |
| Financial income75/76B | - | €1 | €0 | €7 | €26 | ▲ 275% |
| Recurring financial income75 | - | €1 | €0 | €7 | €26 | ▲ 275% |
| Financial charges65/66B | €126 | €259 | €4k | €4k | €4k | ▲ 11.0% |
| Recurring financial charges65 | €126 | €259 | €4k | €4k | €4k | ▲ 11.0% |
| Profit (loss) for the period before taxes9903 | €64k | €1k | €82k | €109k | €105k | ▼ 3.5% |
| Income taxes67/77 | €14k | €979 | €22k | €24k | €22k | ▼ 4.9% |
| Profit (loss) for the period9904 | €50k | €258 | €60k | €85k | €83k | ▼ 3.1% |
| Profit (loss) for the period to be appropriated9905 | €50k | €258 | €60k | €85k | €83k | ▼ 3.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €96k | €75k | €158k | €199k | €162k | ▼ 18.7% |
| Fixed assets21/28 | €3k | €1k | €369 | €2k | €944 | ▼ 38.1% |
| Tangible fixed assets22/27 | €2k | €1k | €6 | €1k | €581 | ▼ 50.0% |
| Plant, machinery and equipment23 | €2k | €1k | €6 | €1k | €581 | ▼ 50.0% |
| Financial fixed assets28 | €363 | €363 | €363 | €363 | €363 | = |
| Current assets29/58 | €93k | €73k | €158k | €197k | €161k | ▼ 18.5% |
| Amounts receivable within one year40/41 | €13k | €58k | €101k | €80k | €117k | ▲ 47.2% |
| Trade receivables40 | €13k | €53k | €96k | €77k | €115k | ▲ 48.8% |
| Other amounts receivable41 | - | €5k | €5k | €3k | €3k | = |
| Cash at bank and in hand54/58 | €80k | €15k | €55k | €117k | €42k | ▼ 64.1% |
| Deferred charges and accrued income490/1 | - | - | €2k | €759 | €2k | ▲ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €96k | €75k | €158k | €199k | €162k | ▼ 18.7% |
| Equity10/15 | €550 | €808 | €550 | €550 | €550 | = |
| Contributions10/11 | €500 | €500 | €500 | €500 | €500 | = |
| Reserves13 | €50 | €50 | €50 | €50 | €50 | = |
| Non-distributable reserves130/1 | €50 | €50 | €50 | €50 | €50 | = |
| Reserves not available under the articles1311 | €50 | €50 | €50 | €50 | €50 | = |
| Profit (loss) carried forward14 | - | €258 | - | - | - | - |
| Amounts payable17/49 | €95k | €74k | €158k | €198k | €161k | ▼ 18.7% |
| Amounts payable within one year42/48 | €95k | €74k | €158k | €198k | €160k | ▼ 19.2% |
| Trade debts44 | €1k | €19k | €26k | €5k | €4k | ▼ 17.1% |
| Suppliers440/4 | €1k | €19k | €26k | €5k | €4k | ▼ 17.1% |
| Taxes, remuneration and social security45 | €28k | €17k | €19k | €42k | €12k | ▼ 72.4% |
| Taxes450/3 | €26k | €17k | €16k | €41k | €12k | ▼ 72.0% |
| Remuneration and social security454/9 | €3k | €143 | €3k | €628 | - | - |
| Other amounts payable47/48 | €66k | €38k | €112k | €151k | €145k | ▼ 4.5% |
| Accrued charges and deferred income492/3 | €29 | - | - | - | €928 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €50k | €258 | €60k | €85k | €83k | ▼ 3.1% |
| + Depreciation and write-downs630 | €2k | €1k | €1k | €587 | €581 | ▼ 1.0% |
| Operating cash flow (approximation) | €52k | €1k | €61k | €86k | €83k | ▼ 3.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-2k | €0 | ▲ 100% |
| Change in cash | - | €-65k | €40k | €62k | €-75k | ▼ 221% |
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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2024
31-12
Financial
Highest result since 2021net €85k ▲42.4%
Operating result €113k, net result €85k, both a record.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
31-12
Financial
Weakest financial yearnet €258 ▼99.5%
Net result drops to €258, the lowest in the series; recovery starts the following year.
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 74 days late
2017
24-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
23-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 23 days late
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, Etterbeek · 1 establishment unit since 2014
Ground area
166 m²
Building footprint
147 m²
Volume, LiDAR
1,393 m³
Parcel 21363B0404/00P011, Brussels · tallest building 13.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PENDO
since 20142.236.784.762
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21363B0404/00P011 | Brussels | 166 m² | 1 · 147 m² | 13.2 m · 3 fl. |
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.
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Of 13,417 companies in sector 73300 we hold annual accounts for 6,896. 528 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
Founded17-11-2014
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
70200Business and other management consultancy
Contact
E-mail
pendomaro@yahoo.com
Scores and ratios are computed by Checked and are not a credit decision.