Penetron Benelux
ActiveThe computed 12-month bankruptcy probability of Penetron Benelux is 2.1% (moderate). The annual accounts of Penetron Benelux for fiscal year 2025 show a net loss of 82% of the equity at the start of that year. The 2025 annual accounts show equity of €12k and a net result of €-53k. Its solvency ranks better than 22% of 11282 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
32
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency29▼-27
Growth32
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.51 against 4.41 in 2024; short-term debt: 61.5% and cash: 9.3% of total assets), but 96.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
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 2025Solvency, return and age of the figures
Solvency
3.8%
Return on assets
-17%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2425
2024 to 2025 · latest year €-53k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 11282 sector peers (2025).
NBB · sector comparisonPosition among 11282 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
on the day
2024
38 d early
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€12k▼ 81.7%
2024 · €65k
2024: €65k
2024 → 2025
Total assets
€312k▲ 49.4%
2024 · €209k
2024: €209k
2024 → 2025
Net result
€-53k▼ 50.8%
2024 · €-35k
2024: €-35k
2024 → 2025
Working capital
€97k▼ 29.5%
2024 · €138k
2024: €138k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€65k-€12k▼ 81.7%
Operating result€-25k-€-47k▼ 88.6%
Net result€-35k-€-53k▼ 50.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €47k in 2025 against €25k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €312k
Fixed assets
€23k▼ 25.1%
Current assets
€289k▲ 62.1%
Equity and liabilities €312k
Equity
€12k▼ 81.7%
Debt
€300k▲ 108%
The debt ratio rises from 68.9% to 96.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-39k▼
2024 · €-21k
Cash flow
€-45k▼
2024 · €-32k
Solvency
3.8%▼
2024 · 31.1%
Current ratio
1.51▼
2024 · 4.41
Quick ratio
0.82▼
2024 · 1.13
Debt / equity
25.29▲
2024 · 2.22
ROE
-446.4%▼
2024 · -54.2%
ROA
-17.0%▼
2024 · -16.8%
Interest coverage
-5.50▼
2024 · -2.36
Debt
€300k▲
2024 · €144k
Debt ≤ 1 year
€192k▲
2024 · €40k
Debt > 1 year
€100k=
2024 · €100k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€209k€312k▲
Fixed assets21/28€30k€23k▼
Intangible fixed assets21€30k€23k▼
Current assets29/58€179k€289k▲
Stocks and contracts in progress3€133k€132k▼
Stocks30/36€133k€132k▼
Amounts receivable within one year40/41€40k€125k▲
Trade receivables40€39k€125k▲
Other amounts receivable41€1k€68▼
Cash at bank and in hand54/58€3k€29k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€209k€312k▲
Equity10/15€65k€12k▼
Contributions10/11€100k€100k=
Profit (loss) carried forward14€-35k€-88k▼
Amounts payable17/49€144k€300k▲
Amounts payable after more than one year17€100k€100k=
Financial debts170/4€100k€100k=
Amounts payable within one year42/48€40k€192k▲
Financial debts43-€100k
Credit institutions430/8-€100k
Trade debts44€40k€86k▲
Suppliers440/4€40k€86k▲
Taxes, remuneration and social security45-€6k
Taxes450/3-€6k
Accrued charges and deferred income492/3€4k€8k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€8k▲
Other operating charges640/8€945€520▼
Gross operating margin9900€-20k€-39k▼
Operating profit (loss)9901€-25k€-47k▼
Financial income75/76B-€830
Recurring financial income75-€830
Financial charges65/66B€10k€7k▼
Recurring financial charges65€9k€7k▼
Non-recurring financial charges66B€1k-
Profit (loss) for the period before taxes9903€-35k€-53k▼
Profit (loss) for the period9904€-35k€-53k▼
Profit (loss) for the period to be appropriated9905€-35k€-53k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-35k€-88k▼
Profit (loss) brought forward from the previous period14P-€-35k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
Directors · office · real estate
Directors
2 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, Herentals · 1 establishment unit since 2023
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.
Toekomstlaan(HRT) 6a2200 HerentalsGround area
8,825 m²
Building footprint
4,925 m²
Volume, LiDAR
34,955 m³
Parcel 13302D0919/00L000, Flanders · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Penetron Benelux
since 20232.349.512.818
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13302D0919/00L000 | Flanders | 8,825 m² | 1 · 4,925 m² | 11.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
PATRICE FENAUX
BE 0479.159.709
Gembloux · Eq €12k
TOP HEKWERKEN
BE 1002.129.269
Stekene · Eq €12k
CARRELAGES WANGEN
BE 0466.383.621
Stavelot · Eq €12k
SUPERCERAM
BE 0479.765.562
Sambreville · Eq €12k
COLISEUM CONSTRUCTION
BE 0799.803.602
Watermaal-Bosvoorde · Eq €12k
Of 1,803 companies in sector 46831 we hold annual accounts for 1,397. 336 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-08-2023
Fiscal year end31-12
Activities, NACEBEL
46831Wholesale of construction materials, general range
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.