Penrose
ActiveSummary
Penrose has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €23k and a net result of €21k. Its solvency ranks better than 25% of 37953 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes
Profitability99
Solvency51
Growth-
Track record67
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.71; short-term debt: 73.6% and cash: 28.4% of total assets), and 73.6% of the assets are financed with debt.
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
26.4%
Return on assets
24.2%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 37953 sector peers (2024).
NBB · sector comparisonPosition among 37953 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-06-2025, 45 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2024
45 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€23k
Total assets
€89k
Net result
€21k
Working capital
€-19k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €89k
Fixed assets
€42k
Current assets
€46k
Equity and liabilities €89k
Equity
€23k
Debt
€65k
Debt finances 73.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€32k
Cash flow
€26k
Current ratio
0.71
Debt to equity
2.79
ROE
91.5%
ROA
24.2%
Interest coverage
823.72
Debt ≤ 1 year
€65k
Income taxes
€6k
Filed annual accounts As filed with the NBB · 2024 · 36 lines
Balance sheet
Code2024
Assets
Total assets20/58€89k
Fixed assets21/28€42k
Tangible fixed assets22/27€42k
Furniture and vehicles24€42k
Current assets29/58€46k
Amounts receivable within one year40/41€20k
Trade receivables40€20k
Cash at bank and in hand54/58€25k
Deferred charges and accrued income490/1€961
Equity and liabilities
Total equity and liabilities10/49€89k
Equity10/15€23k
Contributions10/11€2k
Reserves13€21k
Distributable reserves133€21k
Profit (loss) carried forward14€443
Amounts payable17/49€65k
Amounts payable within one year42/48€65k
Trade debts44€6k
Suppliers440/4€6k
Taxes, remuneration and social security45€9k
Taxes450/3€7k
Remuneration and social security454/9€2k
Other amounts payable47/48€50k
Income statement
Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k
Other operating charges640/8€548
Gross operating margin9900€32k
Operating profit (loss)9901€27k
Financial charges65/66B€39
Recurring financial charges65€39
Profit (loss) for the period before taxes9903€27k
Income taxes67/77€6k
Profit (loss) for the period9904€21k
Profit (loss) for the period to be appropriated9905€21k
Appropriation of the result
Profit (loss) to be appropriated9906€21k
Transfer to equity691/2€21k
To other reserves6921€21k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2024 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k |
| Other operating charges640/8 | €548 |
| Gross operating margin9900 | €32k |
| Operating profit (loss)9901 | €27k |
| Financial charges65/66B | €39 |
| Recurring financial charges65 | €39 |
| Profit (loss) for the period before taxes9903 | €27k |
| Income taxes67/77 | €6k |
| Profit (loss) for the period9904 | €21k |
| Profit (loss) for the period to be appropriated9905 | €21k |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €89k | |
| Fixed assets21/28 | €42k | |
| Tangible fixed assets22/27 | €42k | |
| Furniture and vehicles24 | €42k | |
| Current assets29/58 | €46k | |
| Amounts receivable within one year40/41 | €20k | |
| Trade receivables40 | €20k | |
| Cash at bank and in hand54/58 | €25k | |
| Deferred charges and accrued income490/1 | €961 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €89k | |
| Equity10/15 | €23k | |
| Contributions10/11 | €2k | |
| Reserves13 | €21k | |
| Distributable reserves133 | €21k | |
| Profit (loss) carried forward14 | €443 | |
| Amounts payable17/49 | €65k | |
| Amounts payable within one year42/48 | €65k | |
| Trade debts44 | €6k | |
| Suppliers440/4 | €6k | |
| Taxes, remuneration and social security45 | €9k | |
| Taxes450/3 | €7k | |
| Remuneration and social security454/9 | €2k | |
| Other amounts payable47/48 | €50k | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €21k |
| + Depreciation and write-downs630 | €5k |
| Operating cash flow (approximation) | €26k |
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
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Gent · 1 establishment unit since 2024
Ground area
697 m²
Building footprint
241 m²
Volume, LiDAR
3,345 m³
Parcel 44815F2047/00B002, Flanders · tallest building 21.7 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Penrose
since 20242.360.042.959
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44815F2047/00B002 | Flanders | 697 m² | 1 · 241 m² | 21.6 m · 5 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 32,233 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
Founded23-05-2024
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.