PEPA SOLUTIONS
ActivePEPA SOLUTIONS has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €144k and a net result of €3k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 27% of 11614 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability54▼-2
Solvency54▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 2.38 against 2.48 in 2023; short-term debt: 8.1% and cash: 16.8% of total assets), but 70.8% 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 risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
113 d late
2022
51 d late
2021
136 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€144k▲ 2.4%
2023 · €141k
2021: €135k
2022: €136k
2023: €141k
2021 → 2024
Total assets
€494k▼ 3.2%
2023 · €510k
2021: €555k
2022: €532k
2023: €510k
2021 → 2024
Net result
€3k▼ 38.5%
2023 · €5k
2021: €10k
2022: €459
2023: €5k
2021 → 2024
Working capital
€55k▼ 8.5%
2023 · €60k
2021: €62k
2022: €56k
2023: €60k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€135k-€136k▲ 0.3%€141k▲ 4.0%€144k▲ 2.4%
Operating result€27k-€12k▼ 55.9%€19k▲ 59.1%€15k▼ 21.7%
Net result€10k-€459▼ 95.2%€5k▲ 1,078%€3k▼ 38.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 22% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €494k
Fixed assets
€398k▼ 2.6%
Current assets
€95k▼ 5.9%
Equity and liabilities €494k
Equity
€144k▲ 2.4%
Debt
€349k▼ 5.4%
The debt ratio falls from 72.4% to 70.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€33k▼
2023 · €37k
Cash flow
€22k▼
2023 · €23k
Solvency
29.2%▲
2023 · 27.6%
Current ratio
2.38▼
2023 · 2.48
Quick ratio
2.38▼
2023 · 2.48
Debt / equity
2.42▼
2023 · 2.62
ROE
2.3%▼
2023 · 3.8%
ROA
0.7%▼
2023 · 1.1%
Interest coverage
4.15▼
2023 · 4.34
Debt
€349k▼
2023 · €369k
Debt ≤ 1 year
€40k▼
2023 · €41k
Debt > 1 year
€309k▼
2023 · €328k
Income taxes
€3k▼
2023 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€510k€494k▼
Fixed assets21/28€409k€398k▼
Tangible fixed assets22/27€409k€398k▼
Land and buildings22€404k€386k▼
Plant, machinery and equipment23€5k€5k▼
Furniture and vehicles24-€7k
Current assets29/58€101k€95k▼
Amounts receivable within one year40/41€12k€12k▲
Trade receivables40€12k€12k▲
Cash at bank and in hand54/58€85k€83k▼
Deferred charges and accrued income490/1€4k-
Equity and liabilities
Total equity and liabilities10/49€510k€494k▼
Equity10/15€141k€144k▲
Contributions10/11€100€100=
Reserves13€15k€18k▲
Distributable reserves133€15k€18k▲
Profit (loss) carried forward14€126k€126k=
Amounts payable17/49€369k€349k▼
Amounts payable after more than one year17€328k€309k▼
Financial debts170/4€328k€309k▼
Amounts payable within one year42/48€41k€40k▼
Current portion of amounts payable after more than one year42€22k€22k▲
Trade debts44€892€2k▲
Suppliers440/4€892€2k▲
Taxes, remuneration and social security45€15k€11k▼
Taxes450/3€15k€11k▼
Other amounts payable47/48€3k€5k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€19k▲
Other operating charges640/8€3k€5k▲
Gross operating margin9900€40k€38k▼
Operating profit (loss)9901€19k€15k▼
Financial income75/76B€243-
Recurring financial income75€243-
Financial charges65/66B€8k€8k▼
Recurring financial charges65€8k€8k▼
Profit (loss) for the period before taxes9903€10k€7k▼
Income taxes67/77€5k€3k▼
Profit (loss) for the period9904€5k€3k▼
Profit (loss) for the period to be appropriated9905€5k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€131k€129k▼
Profit (loss) brought forward from the previous period14P€126k€126k=
Transfer to equity691/2€5k€3k▼
To other reserves6921€5k€3k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
21-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 113 days late
2023
20-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 51 days late
2022
31-12
Financial
Weakest financial yearnet €459 ▼95.2%
Net result drops to €459, the lowest in the series; recovery starts the following year.
14-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 136 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Bree · 1 establishment unit since 2014
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.
Herenstraat 523960 BreeGround area
472 m²
Building footprint
109 m²
Volume, LiDAR
678 m³
Parcel 72004B1450/00M005, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Herenstraat 52, 3960 Bree
since 20142.233.777.366
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72004B1450/00M005 | Flanders | 472 m² | 1 · 109 m² | 8.8 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.
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Of 11,554 companies in sector 71121 we hold annual accounts for 6,562. 5,235 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-07-2014
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
41001General construction of residential buildings
71209Other technical testing and analysis
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.