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PEPPAR

Active Private limited company (pre-2019)founded 2019active for 7 yearsEuropalaan 1A, 8970 PoperingeKBO/BCE: BE 0721.735.032

Lifetime

6 annual accounts with figures on one time axis
peak €40,496 (2023)
€27,251▲ €31,878
lowest -€20,973 (2021)
€12,245▲ €28,897
peak €43,049 (2023)
€38,642▲ 46.4%
€66,817▼ 20.9%
Board3 names since 2019
2 directors and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from -€4,627 to €27,251Back to profit: €12,245Equity from €26,397 to €38,642Debts from €84,461 to €66,817Investments €8,032

Key points

from the 2025 annual accounts

Turnover

≈ €110,000 estimated

The micro format states no turnover.

Investments

€8,032 3.4 × depreciation
20242025

Green is investment, beige is depreciation. Machinery stands 57.6% higher than in 2024.

Liquidity

7.61 was 3.43 in 2024

Short-term debts fell from €29,461 to €11,817.

Filings

6 annual accounts 2 late
AprilJune31 JulyOctober202020222024

The 2025 accounts came latest: 31 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 26,969 companies had the same profile as PEPPAR has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 26,969 companies, not a prediction for PEPPAR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Manager
Director, since 15-12-2021
  • 465 sharesdeed of 05-03-2019
  • 465 sharesdeed of 05-03-2019
  • 465 sharesdeed of 05-03-2019
and 1 other shareholderBoard & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0721735032
Resignation: (manager and director) Appointment: (director) · General meeting of 01-01-2022 · Gazette deed
Environmental permit granted Bouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie, Slopen van niet vrijstaande gebouwen of constructies · Poperinge
Environmental permit refused Bouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie, Slopen van niet vrijstaande gebouwen of constructies · Provincie West-Vlaanderen
All 18 events

Comparable companies

same main activity, similar in size and age
Company
PEPPAR Poperinge €105,459 €27,251 36.6% -
Keukenmontage Strijen Rijkevorsel €116,534 €34,732 88.5% -
Interieur Schrijnwerkerij Tuerlinckx Aarschot €94,598 €21,990 49.1% -
CKX CONCEPT Namur €143,569 €27,674 59.5% -
Un plan, deux coupes Braine-l'Alleud €109,527 €40,449 37.4% -
Allaert Totaalinrichting Torhout €168,538 €37,890 35.6% -
Concept-K Scherpenheuvel-Zichem €64,965 €26,089 73.2% -

These companies have the same main activity as PEPPAR: manufacture of furniture (NACE 31002). They are comparable in size and age: total assets between €65,000 and €169,000, founded between 2015 and 2020.

Official details

Source: KBO
Status
Active since 01-03-2019Normal situation
Registered office
12 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 12 November 2026.
Activity
Manufacture of furnitureNACE 31002and 5 others
Establishment unit
2.286.317.1208970 Poperinge, since 01-03-2019
Financial year end
31 December
Peppol
Reachable since 29-12-2025
Company details

Annual accounts 2025

€105,459▼ 4.9%
Filing
Filed on 31-08-2026
Financials

Insights on PEPPAR

PEPPAR files the micro format. That format states no turnover. The gross margin rose from -€1,661 in 2020 to €27,251 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about PEPPAR

What is the company number of PEPPAR?
The company number of PEPPAR is 0721.735.032. The VAT number is the same number with BE in front: BE 0721.735.032.
Where is PEPPAR based?
The registered office is at Europalaan 1A, 8970 Poperinge.Company details
What does PEPPAR do?
According to the KBO register, the main activity is manufacture of furniture (NACE 31002).
What is the legal form of PEPPAR?
PEPPAR is a private limited company (pre-2019) (BVBA).
When was PEPPAR founded?
PEPPAR was founded on 01-03-2019.
Is PEPPAR still active?
Yes, PEPPAR is an active enterprise in the KBO register.
What is the turnover of PEPPAR?
The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €27,251 and 2,936 comparable companies of the same size. It probably lies between €66,000 and €200,000. It is a rough estimate.Financials
Is PEPPAR profitable?
In financial year 2025, PEPPAR made a profit of €12,245.
Where can I find the annual accounts of PEPPAR?
PEPPAR filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PEPPAR due?
PEPPAR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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