Financials
- Fiscal year
- 2025
- Total assets
- €3.7m
- Profit
- €273,998
- Solvency
- 33.0%
Total assets▼ 25.1%
Net result
20182025
PENON
ActiveSummary
PENON has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €273,998. Equity remains stable across the filed fiscal years (±0.7% per year). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
What they do
Activity not known1 site
How big
€3.7mtotal assets 2025
- Equity
- €1.2m
- Profit
- €273,998
Turnover not published (abridged schema)
Who decides
- Parent
- LES BONNIERS · 100%
Accounts filed 61 d late0 of 5 deeds read
Why 88- Latest accounts 61 days late; 3 of the last 3 late- Liquidity: current ratio 0.52, cash €19,035- No main activity registered+ Size: total assets €3.7mShow the evidence
Checked score
Score 2025
88
/ 100
Excellent
Probability in this band: under 0.55%
Better than 66% of its sector peers (no NACE code, small)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
58+14
equity 33.0% of total assets
Liquidity
51+9
short-term debt 8.3% · cash 0.5%
Profitability
78+38
return on assets 7.3%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
- Size: total assets €3.7m lowers the probability for this profile
- Latest accounts 61 days late; 3 of the last 3 late raises the probability
- Liquidity: current ratio 0.52, cash €19,035 raises the probability
- No main activity registered raises the probability
Credit up to €100,000 at 30 days acceptable
Liquidity short (current ratio 0.52 against 0.31 in 2024; short-term debt: 8.3% and cash: 0.5% of total assets), and 67% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, small). Better than this share of them on solvency 36%, liquidity 56%, profitability 86%, growth against the median 88%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 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 · 10 filingsDeviation from the deadline
2025
61 d late
2024
60 d late
2023
47 d late
2022
21 d late
2021
73 d late
2020
83 d late
2019
67 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 59 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
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. Usually files around 29 September (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Back to profitnet €273,998
- Equity above €1mEq €1.2m ▲28.6%
Key points
By topic
Board & ownership
- Parent
- LES BONNIERS · 100%
Timeline
- Events
- 14
- Since
- 2017
- Next accounts
- by 31-07-2027
- 30-09-2026Annual accounts filed
- 31-12-2025Back to profit
- 31-12-2025Equity above €1m
Company details
- Sites
- 1
- Legal form
- Public limited company
- Founded
- 29-08-1986
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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