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PENNINCKX

Active
Private limited companyfounded 2003active for 23 yearsWijngaardstraat(KE) 48, 9451 Haaltert, BelgiumKBO/BCE: BE 0859.640.922
Summary

PENNINCKX has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €182,610 and a net result of €18,038. Equity has been growing by about 22% per year since 2019. Its solvency ranks better than 53% of 12,775 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 15-07-2003 Normal situation
Activity
Retail sale of meat and meat products, excluding game and poultry NACE 47221
Establishment unit
2.135.952.767 9451 Haaltert, since 15-07-2003
Financial year end
30 June
Peppol
Reachable since 06-07-2025

Board and ownership

Board

Financial position

88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts to 30-06-2025
Gross margin
€177,735
▲ 2.6%
Turnover
≈ €860,000
estimated
Profit
€18,038
▼ 3.4%
Equity
€182,610
▲ 11.0%
Total assets
€466,132
▲ 10.3%
Employees on 30-06-2025
4
▼ 66.7%
Score breakdownraises riskSector: Retail trade (NACE 47)lowers riskFounded in 2003Liquidity: current ratio 1.25, cash €70,678Equity €182,610 (39.2% of total assets)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 58% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Strong
Solvency 64=
equity 39.2% of total assets
Liquidity 53+2
short-term debt 36.2% · cash 15.2%
Profitability 74=
return on assets 3.9%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.7%▲ +0.3 percentage points vs 12-2024 02-2025: 1.0%▲ +0.3 percentage points vs 01-2025highest value 03-2025: 0.3%▼ -0.7 percentage points vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.4%▲ +0.1 percentage points vs 09-2025 11-2025: 0.3%▼ -0.1 percentage points vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.5%▲ +0.2 percentage points vs 12-2025 02-2026: 0.9%▲ +0.4 percentage points vs 01-2026 03-2026: 0.2%▼ -0.7 percentage points vs 02-2026lowest value 04-2026: 0.2%● unchanged vs 03-2026lowest value 05-2026: 0.2%● unchanged vs 04-2026lowest value 06-2026: 0.2%● unchanged vs 05-2026lowest value 07-2026: 0.2%● unchanged vs 06-2026lowest value 08-2026: 0.2%● unchanged vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €16,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.25 (1.26 in 2024), below the usual 1.5. Short-term debt is 36.2% and cash 15.2% of total assets. 60.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 54% of them on solvency, 57% on liquidity, 58% on profitability and 62% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 2003
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.25, cash €70,678
NBB · annual accounts
lowers risk · Equity €182,610 (39.2% of total assets)
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 days early
2024
1 day early
2023
5 days early
2022
on the day
2021
6 days early
2020
3 days early
2019
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 7 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 28 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end02-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 5 profitable years in a rowprofit 2025: €18,038 5 years View

Recent changes

  1. · Gazette deed Reappointment: Penninckx Bruno (director)
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as PENNINCKX: retail sale of meat and meat products, excluding game and poultry (NACE 47221). They are comparable in size and age: total assets between €329,000 and €644,000, founded between 1999 and 2008.

CompanyTotal assetsGross margin
PENNINCKX Haaltert€466,132€177,735
GORAYA Charleroi€456,768€190,776
BOUCHERIE BAIRE Beaumont€644,124€183,605
NMH & CO Sint-Joost-ten-Node€433,772€212,128
HOEVEVLEES 'T EENDENHOF Veurne€495,058€264,230
PETEVI Kapellen€328,609€152,766
SALAM Ottignies-Louvain-la-Neuve€579,647€259,547
Full comparison

Key facts about PENNINCKX

What is the company number of PENNINCKX?
The company number of PENNINCKX is 0859.640.922. The VAT number is the same number with BE in front: BE 0859.640.922.
Where is PENNINCKX based?
The registered office is at Wijngaardstraat(KE) 48, 9451 Haaltert.Company details
What does PENNINCKX do?
According to the KBO register, the main activity is retail sale of meat and meat products, excluding game and poultry (NACE 47221).
What is the legal form of PENNINCKX?
The legal form of PENNINCKX is Private limited company (BV).
When was PENNINCKX founded?
PENNINCKX was founded on 15-07-2003.
Is PENNINCKX still active?
Yes, PENNINCKX is an active enterprise in the KBO register.
How many employees does PENNINCKX have?
PENNINCKX had an average of 3.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of PENNINCKX?
The turnover in financial year 2025 is ≈ €860,000. This figure is estimated from the gross margin of €177,735 and 30 comparable companies (NACE 472). It probably lies between €480,000 and €1.4m.
Is PENNINCKX profitable?
In financial year 2025, PENNINCKX made a profit of €18,038.
Where can I find the annual accounts of PENNINCKX?
PENNINCKX filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PENNINCKX due?
PENNINCKX must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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