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PEOPLE PARTNER

Active
Private limited companyfounded 200620 yrs activeMiddenweg 15, 8870 Izegem, BelgiumKBO/BCE: BE 0882.475.712
Summary

PEOPLE PARTNER has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €393k and a net result of €97k. Equity is growing by ~31.2% per year across the filed fiscal years. Its solvency ranks better than 83% of 2043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
96 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▼-8
Solvency100▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 9.43 against 4.32 in 2024; short-term debt: 10.5% and cash: 45.8% of total assets), and 17.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Sector 85
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
82.6%
Return on assets
20.4%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 20 years 0 30 y
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
on the day
2023
20 d early
2022
1 d early
2021
2 d early
2020
1 d early
2019
9 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€393k▲ 29.8%
2024 · €303k
2018: €59k 2019: €81k 2020: €92k 2021: €125k 2022: €160k 2023: €211k 2024: €303k
2018 → 2025
Total assets
€476k▲ 8.6%
2024 · €439k
2018: €234k 2019: €182k 2020: €167k 2021: €231k 2022: €278k 2023: €312k 2024: €439k
2018 → 2025
Net result
€97k▼ 3.0%
2024 · €100k
2018: €9k 2019: €22k 2020: €11k 2021: €33k 2022: €46k 2023: €73k 2024: €100k
2018 → 2025
Working capital
€423k▲ 26.4%
2024 · €335k
2018: €77k 2019: €116k 2020: €102k 2021: €157k 2022: €182k 2023: €216k 2024: €335k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€125k-€160k▲ 28.1%€211k▲ 31.3%€303k▲ 43.9%€393k▲ 29.8%
Operating result€50k-€63k▲ 26.7%€92k▲ 44.9%€137k▲ 49.6%€131k▼ 4.3%
Net result€33k-€46k▲ 37.0%€73k▲ 60.1%€100k▲ 37.5%€97k▼ 3.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2021: €50k€50kNet result 2021: €33k€33kOperating result 2022: €63k€63kNet result 2022: €46k€46kOperating result 2023: €92k€92kNet result 2023: €73k€73kOperating result 2024: €137k€137kNet result 2024: €100k€100kOperating result 2025: €131k€131kNet result 2025: €97k€97k20212022202320242025€0€50k€100k€150kOperating result 2023: €92k€92kNet result 2023: €73k€73kOperating result 2024: €137k€137kNet result 2024: €100k€100kOperating result 2025: €131k€131kNet result 2025: €97k€97k202320242025
The operating result falls in 2025; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €476k
Fixed assets €3k =
Current assets €473k ▲ 8.6%
Equity and liabilities €476k
Equity €393k ▲ 29.8%
Debt €83k ▼ 38.8%
Debt's share of the balance-sheet total falls from 30.9% to 17.4%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Current ratio
9.43
2024 · 4.32
Debt to equity
0.21
2024 · 0.45
ROE
24.7%
2024 · 33.1%
ROA
20.4%
2024 · 22.8%
Debt ≤ 1 year
€50k
2024 · €101k
Income taxes
€38k
2024 · €40k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€439k€476k
Fixed assets21/28€3k€3k=
Financial fixed assets28€3k€3k=
Current assets29/58€435k€473k
Amounts receivable after more than one year29€205k€205k=
Other amounts receivable291€205k€205k=
Amounts receivable within one year40/41€25k€47k
Trade receivables40€20k€47k
Other amounts receivable41€4k-
Cash at bank and in hand54/58€202k€218k
Deferred charges and accrued income490/1€4k€3k
Equity and liabilities
Total equity and liabilities10/49€439k€476k
Equity10/15€303k€393k
Contributions10/11€19k€19k=
Reserves13€228k€319k
Tax-exempt reserves132€194€194=
Distributable reserves133€227k€319k
Profit (loss) carried forward14€57k€55k
Amounts payable17/49€136k€83k
Amounts payable within one year42/48€101k€50k
Trade debts44€41k€10k
Suppliers440/4€41k€10k
Taxes, remuneration and social security45€11k€23k
Taxes450/3€11k€23k
Other amounts payable47/48€49k€17k
Accrued charges and deferred income492/3€35k€33k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k-
Other operating charges640/8€2k€2k
Gross operating margin9900€142k€133k
Operating profit (loss)9901€137k€131k
Financial income75/76B€6k€6k
Recurring financial income75€6k€6k
Financial charges65/66B€3k€2k
Recurring financial charges65€3k€2k
Profit (loss) for the period before taxes9903€140k€136k
Income taxes67/77€40k€38k
Profit (loss) for the period9904€100k€97k
Profit (loss) for the period to be appropriated9905€100k€97k
Appropriation of the result
Profit (loss) to be appropriated9906€157k€154k
Profit (loss) brought forward from the previous period14P€57k€57k=
Transfer from equity791/2€2k€142
Transfer to equity691/2€94k€92k
To other reserves6921€94k€92k
Profit to be distributed694/7€8k€7k
Return on contributions (dividend)694€2k€2k
Directors or managers695€6k€5k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
29-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial Liquidity doublescurrent ratio 9.43
Current ratio from 4.32 to 9.43; short-term debt falls from €101k to €50k.
30-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial Highest result since 2018net €100k ▲37.5%
Operating result €137k, net result €100k, both a record.
10-04
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial Equity above €200kEq €211k ▲31.3%
6 profitable years in a row build equity to €211k.
29-04
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial Equity above €150kEq €160k ▲28.1%
5 profitable years in a row build equity to €160k.
28-04
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial Equity above €100kEq €125k ▲36.1%
4 profitable years in a row build equity to €125k.
29-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
21-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
23-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
10-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
27-03
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Izegem · 1 establishment unit since 2006
establishment The establishment unit on the map
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.

Middenweg 158870 Izegem
Ground area
870 m²
Building footprint
143 m²
Volume, LiDAR
682 m³
Parcel 36494D0861/00N000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PEOPLE PARTNER
Middenweg 15, 8870 IzegemNACE 52470
since 20062.155.608.135
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36494D0861/00N000 Flanders 870 m² 1 · 143 m² 7.7 m · 2 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.

Recognitions · licences · registrations

Quality registration as a provider

1 live approval
Quality registration as a provider
Toegekend · valid until 2030-08-06

Similar companies · same sector, comparable size

Of 3,017 companies in sector 85592 we hold annual accounts for 987. 660 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded11-07-2006
Fiscal year end30-09
Activities, NACEBEL 2025
85592Vocational training
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.