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PEP

Active
Private limited companyfounded 20233 yrs activeVervloesemstraat 152, 1200 Sint-Lambrechts-Woluwe, BelgiumKBO/BCE: BE 0795.884.307
Summary

The computed 12-month bankruptcy probability of PEP is 4.3% (elevated). The 2025 annual accounts show equity of €80,476 and a net result of €34,813. Equity is growing by ~66.5% per year across the filed fiscal years. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
59 / 100
Fair
An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record94
Bankruptcy probability, 12 months
4.3% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days only on tighter terms
Liquidity ample (current ratio 66.42 against 22.45 in 2024; short-term debt: 1.5% and cash: 79.6% of total assets), and 1.5% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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
98.5%
Return on assets
42.6%
Age of the figures
9 mo
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 02-06-2026, 59 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
59 d early
2024
59 d early
2023
68 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 62 days before 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.
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 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

History

PEP was incorporated on 9 January 2023 as a Private limited company.1 Total assets rose from EUR 25,689 in 2023 to EUR 81,706 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€80,476▲ 76.2%
2024 · €45,663
Total assets
€81,706▲ 71.0%
2024 · €47,792
Net result
€34,813▲ 34.2%
2024 · €25,934
Working capital
€80,476▲ 76.2%
2024 · €45,663
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result€23,151-€34,285▲ 48.1%€45,635▲ 33.1%
Net result€17,229-€25,934▲ 50.5%€34,813▲ 34.2%
Equity€19,729-€45,663▲ 131%€80,476▲ 76.2%
Total assets€25,689-€47,792▲ 86.0%€81,706▲ 71.0%
Debt€5,960-€2,128▼ 64.3%€1,230▼ 42.2%
Working capital€19,729-€45,663▲ 131%€80,476▲ 76.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000Operating result 2023: €23,151€23,151Net result 2023: €17,229€17,229Operating result 2024: €34,285€34,285Net result 2024: €25,934€25,934Operating result 2025: €45,635€45,635Net result 2025: €34,813€34,813202320242025€0€20,000€40,000Operating result 2023: €23,151€23,200Net result 2023: €17,229€17,200Operating result 2024: €34,285€34,300Net result 2024: €25,934€25,900Operating result 2025: €45,635€45,600Net result 2025: €34,813€34,800202320242025
The operating result has risen two years in a row; 2025 is 33% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €81,706
Equity €80,476 ▲ 76.2%
Debt €1,230 ▼ 42.2%
Debt's share of the balance-sheet total falls from 4.5% to 1.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Current ratio
66.42▲
2024 · 22.45
Debt to equity
0.02▼
2024 · 0.05
ROE
43.3%▼
2024 · 56.8%
ROA
42.6%▼
2024 · 54.3%
Debt ≤ 1 year
€1,230▼
2024 · €2,128
Income taxes
€10,146▲
2024 · €8,024
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 4.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,276 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 27 lines
Balance sheet Code20242025
Assets
Total assets20/58€47,792€81,706▲
Current assets29/58€47,792€81,706▲
Amounts receivable within one year40/41€14,100€16,348▲
Trade receivables40€12,100€15,648▲
Other amounts receivable41€2,000€700▼
Cash at bank and in hand54/58€33,415€65,070▲
Deferred charges and accrued income490/1€277€288▲
Equity and liabilities
Total equity and liabilities10/49€47,792€81,706▲
Equity10/15€45,663€80,476▲
Contributions10/11€2,500€2,500=
Profit (loss) carried forward14€43,163€77,976▲
Amounts payable17/49€2,128€1,230▼
Amounts payable within one year42/48€2,128€1,230▼
Trade debts44€398-
Suppliers440/4€398-
Other amounts payable47/48€1,730€1,230▼
Income statement Code20242025
Other operating charges640/8€797€838▲
Gross operating margin9900€35,082€46,472▲
Operating profit (loss)9901€34,285€45,635▲
Financial charges65/66B€327€676▲
Recurring financial charges65€327€676▲
Profit (loss) for the period before taxes9903€33,958€44,959▲
Income taxes67/77€8,024€10,146▲
Profit (loss) for the period9904€25,934€34,813▲
Profit (loss) for the period to be appropriated9905€25,934€34,813▲
Appropriation of the result
Profit (loss) to be appropriated9906€43,163€77,976▲
Profit (loss) brought forward from the previous period14P€17,229€43,163▲

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,557---
Other operating charges640/8€713€797€838▲ 5.1%
Gross operating margin9900€25,421€35,082€46,472▲ 32.5%
Operating profit (loss)9901€23,151€34,285€45,635▲ 33.1%
Financial income75/76B€1---
Recurring financial income75€1---
Financial charges65/66B€422€327€676▲ 107%
Recurring financial charges65€422€327€676▲ 107%
Profit (loss) for the period before taxes9903€22,729€33,958€44,959▲ 32.4%
Income taxes67/77€5,500€8,024€10,146▲ 26.4%
Profit (loss) for the period9904€17,229€25,934€34,813▲ 34.2%
Profit (loss) for the period to be appropriated9905€17,229€25,934€34,813▲ 34.2%
Line202320242025Change
Assets
Total assets20/58€25,689€47,792€81,706▲ 71.0%
Current assets29/58€25,689€47,792€81,706▲ 71.0%
Amounts receivable within one year40/41€8,763€14,100€16,348▲ 15.9%
Trade receivables40€8,763€12,100€15,648▲ 29.3%
Other amounts receivable41-€2,000€700▼ 65.0%
Cash at bank and in hand54/58€13,926€33,415€65,070▲ 94.7%
Deferred charges and accrued income490/1€3,000€277€288▲ 4.1%
Equity and liabilities
Total equity and liabilities10/49€25,689€47,792€81,706▲ 71.0%
Equity10/15€19,729€45,663€80,476▲ 76.2%
Contributions10/11€2,500€2,500€2,500=
Profit (loss) carried forward14€17,229€43,163€77,976▲ 80.7%
Amounts payable17/49€5,960€2,128€1,230▼ 42.2%
Amounts payable within one year42/48€5,960€2,128€1,230▼ 42.2%
Trade debts44-€398--
Suppliers440/4-€398--
Taxes, remuneration and social security45€500---
Taxes450/3€500---
Other amounts payable47/48€5,460€1,730€1,230▼ 28.9%
Line202320242025Change
Profit (loss) for the period9904€17,229€25,934€34,813▲ 34.2%
+ Depreciation and write-downs630€1,557---
Operating cash flow (approximation)€18,786€25,934€34,813▲ 34.2%
Change in cash-€19,489€31,655▲ 62.4%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
02-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2023net €34,813 ▲34.2%
Operating result €45,635, net result €34,813, both a record.
31-12
Financial Liquidity triplescurrent ratio 66.42
Current ratio from 22.45 to 66.42; short-term debt falls from €2,128 to €1,230.
02-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Liquidity times 5current ratio 22.45
Current ratio from 4.31 to 22.45; short-term debt falls from €5,960 to €2,128.
24-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
2,771 m²
Building footprint
1,137 m²
Volume, LiDAR
17,856 m³
Parcel 21672C0046/00T000, Brussels · tallest building 19.0 m, ±6 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
PEP
Vervloesemstraat 152, 1200 Sint-Lambrechts-WoluweHuman health activities
since 20232.340.891.003
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21672C0046/00T000 Brussels 2,771 m² 1 · 1,137 m² 19.0 m · 6 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded09-01-2023
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0795884307
Also 9925:BE0795884307
Registered 04-01-2026

Register as of 28 September 2026 · Peppol Directory

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