PEPPER COM
ActiveSummary
The annual accounts of PEPPER COM for fiscal year 2024 show a net loss of 63% of the equity at the start of that year. The 2024 annual accounts show equity of €7k and a net result of €-12k. Equity is shrinking by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 16% of 8966 sector peers (fiscal year 2024). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability12▼-3
Solvency33▼-6
Growth32=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.19 against 1.02 in 2023; short-term debt: 15.9% and cash: 0% of total assets), and 92.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
7.6%
Return on assets
-12.8%
Age of the figures
21 mo
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
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-12k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 8966 sector peers (2024).
NBB · sector comparisonPosition among 8966 sector peers
Solvency
better than 16%
← 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 28-07-2025, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
3 d early
2023
4 d early
2022
31 d late
2021
36 d late
2020
16 d late
2019
27 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€7k▼ 62.8%
2023 · €19k
2018: €31k
2019: €33k▲ +6.3% vs 2018
2020: €28k▼ -14.9% vs 2019
2021: €35k▲ +24.2% vs 2020highest in 7 years
2022: €31k▼ -9.9% vs 2021
2023: €19k▼ -39.4% vs 2022
2024: €7k▼ -62.8% vs 2023lowest in 7 years
2018 → 2024
Total assets
€93k▼ 30.0%
2023 · €133k
2018: €203k
2019: €237k▲ +16.5% vs 2018highest in 7 years
2020: €214k▼ -9.6% vs 2019
2021: €222k▲ +3.6% vs 2020
2022: €162k▼ -27.0% vs 2021
2023: €133k▼ -17.7% vs 2022
2024: €93k▼ -30.0% vs 2023lowest in 7 years
2018 → 2024
Net result
€-12k▲ 3.2%
2023 · €-12k
2018: €-2k
2019: €2k▲ +211% vs 2018
2020: €-5k▼ -352% vs 2019
2021: €7k▲ +239% vs 2020highest in 7 years
2022: €-3k▼ -151% vs 2021
2023: €-12k▼ -259% vs 2022lowest in 7 years
2024: €-12k▲ +3.2% vs 2023
2018 → 2024
Working capital
€-12k
2023 · €720
2018: €16k
2019: €17k▲ +9.1% vs 2018
2020: €13k▼ -23.6% vs 2019
2021: €18k▲ +42.8% vs 2020highest in 7 years
2022: €16k▼ -11.9% vs 2021
2023: €720▼ -95.6% vs 2022
2024: €-12k▼ -1775% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€28k-€35k▲ 24.2%€31k▼ 9.9%€19k▼ 39.4%€7k▼ 62.8%
2020: €28k
2021: €35k▲ +24.2% vs 2020highest in 5 years
2022: €31k▼ -9.9% vs 2021
2023: €19k▼ -39.4% vs 2022
2024: €7k▼ -62.8% vs 2023lowest in 5 years
Operating result€-2k-€14k€181▼ 98.7%€45k▲ 24,510%€-9k
2020: €-2k
2021: €14k▲ +947% vs 2020
2022: €181▼ -98.7% vs 2021
2023: €45k▲ +24510% vs 2022highest in 5 years
2024: €-9k▼ -121% vs 2023lowest in 5 years
Net result€-5k-€7k€-3k€-12k▼ 259%€-12k▲ 3.2%
2020: €-5k
2021: €7k▲ +239% vs 2020highest in 5 years
2022: €-3k▼ -151% vs 2021
2023: €-12k▼ -259% vs 2022lowest in 5 years
2024: €-12k▲ +3.2% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €9k after €45k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €93k
Fixed assets
€91k ▼ 12.1%
Current assets
€3k ▼ 91.0%
Equity and liabilities €93k
Equity
€7k ▼ 62.8%
Debt
€86k ▼ 24.6%
Debt's share of the balance-sheet total rises from 85.7% to 92.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3k▼
2023 · €57k
Cash flow
€534▲
2023 · €-345
Current ratio
0.19▼
2023 · 1.02
Debt to equity
12.18▲
2023 · 6.00
ROE
-169.0%▼
2023 · -64.9%
ROA
-12.8%▼
2023 · -9.3%
Interest coverage
1.07▲
2023 · 0.99
Debt ≤ 1 year
€15k▼
2023 · €30k
Debt > 1 year
€71k▼
2023 · €85k
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 · 2024 against 2023 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€133k€93k▼
Fixed assets21/28€103k€91k▼
Tangible fixed assets22/27€103k€90k▼
Land and buildings22€94k€86k▼
Furniture and vehicles24€6k€4k▼
Other tangible fixed assets26€3k€1k▼
Financial fixed assets28€200€200=
Current assets29/58€30k€3k▼
Amounts receivable within one year40/41€26k€3k▼
Trade receivables40€18k€511▼
Other amounts receivable41€9k€2k▼
Cash at bank and in hand54/58€4k€6▼
Deferred charges and accrued income490/1€77€175▲
Equity and liabilities
Total equity and liabilities10/49€133k€93k▼
Equity10/15€19k€7k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€11k€-982▼
Amounts payable17/49€114k€86k▼
Amounts payable after more than one year17€85k€71k▼
Financial debts170/4€83k€71k▼
Other amounts payable178/9€2k€0▼
Amounts payable within one year42/48€30k€15k▼
Current portion of amounts payable after more than one year42€11k€11k▲
Financial debts43-€558
Credit institutions430/8-€558
Trade debts44€2k€857▼
Suppliers440/4€2k€857▼
Taxes, remuneration and social security45€3k€1k▼
Taxes450/3€3k€1k▼
Other amounts payable47/48€14k€890▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€59k€6k▼
Operating profit (loss)9901€45k€-9k▼
Financial income75/76B€212€337▲
Recurring financial income75€212€337▲
Financial charges65/66B€57k€3k▼
Recurring financial charges65€57k€3k▼
Profit (loss) for the period before taxes9903€-12k€-12k▲
Income taxes67/77€0-
Profit (loss) for the period9904€-12k€-12k▲
Profit (loss) for the period to be appropriated9905€-12k€-12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€-982▼
Profit (loss) brought forward from the previous period14P€23k€11k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13k | €13k | €12k | €12k | €12k | ▲ 4.0% |
| Other operating charges640/8 | - | €4k | €2k | €2k | €3k | ▲ 45.4% |
| Gross operating margin9900 | €15k | €30k | €14k | €59k | €6k | ▼ 89.4% |
| Operating profit (loss)9901 | €-2k | €14k | €181 | €45k | €-9k | ▼ 121% |
| Financial income75/76B | - | €835 | €890 | €212 | €337 | ▲ 59.1% |
| Recurring financial income75 | €1k | €835 | €890 | €212 | €337 | ▲ 59.1% |
| Financial charges65/66B | - | €4k | €3k | €57k | €3k | ▼ 95.1% |
| Recurring financial charges65 | €4k | €4k | €3k | €57k | €3k | ▼ 95.1% |
| Profit (loss) for the period before taxes9903 | €-4k | €11k | €-2k | €-12k | €-12k | ▲ 3.2% |
| Income taxes67/77 | €489 | €4k | €1k | €0 | - | - |
| Profit (loss) for the period9904 | €-5k | €7k | €-3k | €-12k | €-12k | ▲ 3.2% |
| Profit (loss) for the period to be appropriated9905 | €-5k | €7k | €-3k | €-12k | €-12k | ▲ 3.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €214k | €222k | €162k | €133k | €93k | ▼ 30.0% |
| Fixed assets21/28 | €130k | €121k | €111k | €103k | €91k | ▼ 12.1% |
| Tangible fixed assets22/27 | €130k | €121k | €111k | €103k | €90k | ▼ 12.1% |
| Land and buildings22 | - | €111k | €102k | €94k | €86k | ▼ 8.9% |
| Furniture and vehicles24 | - | €6k | €4k | €6k | €4k | ▼ 43.3% |
| Other tangible fixed assets26 | - | €4k | €4k | €3k | €1k | ▼ 54.0% |
| Financial fixed assets28 | €200 | €200 | €200 | €200 | €200 | = |
| Current assets29/58 | €84k | €101k | €51k | €30k | €3k | ▼ 91.0% |
| Amounts receivable within one year40/41 | €71k | €85k | €22k | €26k | €3k | ▼ 90.2% |
| Trade receivables40 | - | €72k | €11k | €18k | €511 | ▼ 97.1% |
| Other amounts receivable41 | - | €14k | €11k | €9k | €2k | ▼ 76.2% |
| Cash at bank and in hand54/58 | €13k | €16k | €29k | €4k | €6 | ▼ 99.8% |
| Deferred charges and accrued income490/1 | - | €0 | - | €77 | €175 | ▲ 126% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €214k | €222k | €162k | €133k | €93k | ▼ 30.0% |
| Equity10/15 | €28k | €35k | €31k | €19k | €7k | ▼ 62.8% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €20k | €27k | €23k | €11k | €-982 | ▼ 109% |
| Amounts payable17/49 | €186k | €187k | €131k | €114k | €86k | ▼ 24.6% |
| Amounts payable after more than one year17 | €115k | €104k | €96k | €85k | €71k | ▼ 15.7% |
| Financial debts170/4 | - | €104k | €94k | €83k | €71k | ▼ 13.7% |
| Other amounts payable178/9 | - | - | €2k | €2k | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €71k | €83k | €35k | €30k | €15k | ▼ 50.0% |
| Current portion of amounts payable after more than one year42 | - | €10k | €11k | €11k | €11k | ▲ 2.9% |
| Financial debts43 | - | - | - | - | €558 | - |
| Credit institutions430/8 | - | - | - | - | €558 | - |
| Trade debts44 | €52k | €65k | €23k | €2k | €857 | ▼ 56.7% |
| Suppliers440/4 | - | €65k | €23k | €2k | €857 | ▼ 56.7% |
| Taxes, remuneration and social security45 | - | €7k | €2k | €3k | €1k | ▼ 58.9% |
| Taxes450/3 | - | €6k | €2k | €3k | €1k | ▼ 58.9% |
| Remuneration and social security454/9 | - | €2k | €0 | - | - | - |
| Other amounts payable47/48 | - | - | - | €14k | €890 | ▼ 93.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-5k | €7k | €-3k | €-12k | €-12k | ▲ 3.2% |
| + Depreciation and write-downs630 | €13k | €13k | €12k | €12k | €12k | ▲ 4.0% |
| Operating cash flow (approximation) | €8k | €19k | €8k | €-345 | €534 | ▲ 255% |
| Investment in fixed assets (approximation) | - | €-3k | €-2k | €-4k | €0 | ▲ 100% |
| Change in cash | - | €3k | €14k | €-25k | €-4k | ▲ 83.8% |
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
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
05-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 36 days late
2021
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
22-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Evere · 1 establishment unit since 2007
Ground area
697 m²
Building footprint
629 m²
Volume, LiDAR
11,949 m³
2 parcels, Brussels · tallest building 23.8 m, ±7 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Kartuizersstraat 48, 1000 Brussel
since 20072.166.432.741
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21811M0896/00M000 ProtectedMonumentOverblijfselen van de eerste stadsomwalling van Brussel in het gebouw AuxipressSource ↗ |
Brussels | 574 m² | 1 · 568 m² | 23.8 m · 7 fl. |
| 21006A0175/00K003 | Brussels | 123 m² | 1 · 60 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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.
Recognitions · licences · registrations
Legal Entity Identifier
699400PDEVTLSVKWSS57
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Of 9,862 companies in sector 73110 we hold annual accounts for 3,752. 1,795 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
Founded02-10-2007
Fiscal year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
59113Video and film production, excluding cinema and television films
59120Post-production of films, video and television programmes
Scores and ratios are computed by Checked and are not a credit decision.