PEPPER CONSULT
ActiveSummary
PEPPER CONSULT has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €26k and a net result of €-6k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 76% of 289 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-15
Solvency89▲+4
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.88 against 1.82 in 2023; short-term debt: 33% and cash: 61.8% of total assets), and 35.7% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
64.3%
Return on assets
-15.9%
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 €-6k
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 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
34 d early
2022
35 d early
2021
34 d early
2020
37 d early
2019
29 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-6k▼ 80.2%
2023 · €-4k
Working capital
€12k▼ 33.4%
2023 · €18k
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
Line20202021202220232024
Operating result€-29k€13k€30k▲ 132%€2k▼ 92.5%€-2k
Net result€-28k€22k€21k▼ 5.8%€-4k€-6k▼ 80.2%
Equity€-7k€15k€36k▲ 138%€33k▼ 9.9%€26k▼ 19.8%
Total assets€48k▼ 93.9%€28k▼ 42.5%€46k▲ 65.0%€55k▲ 19.7%€41k▼ 25.3%
Debt€55k▼ 92.9%€12k▼ 77.5%€9k▼ 24.7%€22k▲ 134%€15k▼ 33.6%
Working capital€-7k▼ 321%€15k€36k▲ 138%€18k▼ 51.3%€12k▼ 33.4%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €2k after €2k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €41k
Fixed assets
€16k ▲ 1.9%
Current assets
€25k ▼ 35.9%
Equity and liabilities €41k
Equity
€26k ▼ 19.8%
Debt
€15k ▼ 33.6%
Debt's share of the balance-sheet total falls from 40.2% to 35.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€212▼
2023 · €3k
Cash flow
€-5k▼
2023 · €-3k
Current ratio
1.88▲
2023 · 1.82
Debt to equity
0.56▼
2023 · 0.67
ROE
-24.7%▼
2023 · -11.0%
ROA
-15.9%▼
2023 · -6.6%
Interest coverage
0.05▼
2023 · 0.60
Debt ≤ 1 year
€13k▼
2023 · €22k
Income taxes
€194▼
2023 · €334
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | - | - | €1k | €2k | ▲ 92.0% |
| Other operating charges640/8 | - | €1k | €472 | €447 | €474 | ▲ 6.0% |
| Gross operating margin9900 | €-18k | €14k | €31k | €4k | €687 | ▼ 81.6% |
| Operating profit (loss)9901 | €-29k | €13k | €30k | €2k | €-2k | ▼ 178% |
| Financial income75/76B | - | €11k | - | - | - | - |
| Recurring financial income75 | €3k | €0 | - | - | - | - |
| Non-recurring financial income76B | - | €11k | - | - | - | - |
| Financial charges65/66B | - | €1k | €2k | €6k | €5k | ▼ 18.0% |
| Recurring financial charges65 | €882 | €1k | €2k | €6k | €5k | ▼ 18.0% |
| Profit (loss) for the period before taxes9903 | €-27k | €23k | €28k | €-3k | €-6k | ▼ 92.8% |
| Income taxes67/77 | €408 | €210 | €7k | €334 | €194 | ▼ 42.1% |
| Profit (loss) for the period9904 | €-28k | €22k | €21k | €-4k | €-6k | ▼ 80.2% |
| Profit (loss) for the period to be appropriated9905 | €-28k | €22k | €21k | €-4k | €-6k | ▼ 80.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €48k | €28k | €46k | €55k | €41k | ▼ 25.3% |
| Fixed assets21/28 | - | - | - | €15k | €16k | ▲ 1.9% |
| Tangible fixed assets22/27 | - | - | - | €15k | €16k | ▲ 1.9% |
| Plant, machinery and equipment23 | - | - | - | €15k | €15k | ▲ 3.7% |
| Furniture and vehicles24 | - | - | - | €703 | €463 | ▼ 34.1% |
| Current assets29/58 | €48k | €28k | €46k | €39k | €25k | ▼ 35.9% |
| Amounts receivable within one year40/41 | €5k | - | €15k | €5k | - | - |
| Trade receivables40 | - | - | €15k | €5k | - | - |
| Cash at bank and in hand54/58 | €41k | €22k | €21k | €34k | €25k | ▼ 26.6% |
| Deferred charges and accrued income490/1 | - | €5k | €10k | €316 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €48k | €28k | €46k | €55k | €41k | ▼ 25.3% |
| Equity10/15 | €-7k | €15k | €36k | €33k | €26k | ▼ 19.8% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | - | €19k | - | - | - | - |
| Issued capital100 | - | €19k | - | - | - | - |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Legal reserve130 | - | €2k | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €-28k | €-5k | €16k | €12k | €6k | ▼ 52.9% |
| Amounts payable17/49 | €55k | €12k | €9k | €22k | €15k | ▼ 33.6% |
| Amounts payable within one year42/48 | €55k | €12k | €9k | €22k | €13k | ▼ 38.0% |
| Trade debts44 | €1k | €7k | €1k | €13k | €812 | ▼ 93.8% |
| Suppliers440/4 | - | €7k | €1k | €13k | €812 | ▼ 93.8% |
| Taxes, remuneration and social security45 | - | €5k | €8k | €8k | €12k | ▲ 46.1% |
| Taxes450/3 | - | €5k | €8k | €8k | €12k | ▲ 49.7% |
| Remuneration and social security454/9 | - | - | - | €200 | - | - |
| Other amounts payable47/48 | - | €174 | €191 | €191 | €400 | ▲ 109% |
| Accrued charges and deferred income492/3 | - | - | - | €270 | €1k | ▲ 321% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-28k | €22k | €21k | €-4k | €-6k | ▼ 80.2% |
| + Depreciation and write-downs630 | €11k | - | - | €1k | €2k | ▲ 92.0% |
| Operating cash flow (approximation) | €-17k | €22k | €21k | €-3k | €-5k | ▼ 75.6% |
| Investment in fixed assets (approximation) | - | - | - | - | €-2k | - |
| Change in cash | - | €-19k | €-2k | €14k | €-9k | ▼ 167% |
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
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 4.88
Current ratio from 2.22 to 4.88; short-term debt falls from €12k to €9k.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 2.22
Current ratio from 0.87 to 2.22; short-term debt falls from €55k to €12k.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-28k
Net result drops to €-28k, the lowest in the series; recovery starts the following year.
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €47k ▲220%
Operating result €65k, net result €47k, both a record.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Show earlier events
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Vresse-sur-Semois · 1 establishment unit since 2008
Ground area
1,438 m²
Building footprint
470 m²
Volume, LiDAR
2,947 m³
2 parcels, Brussels, Wallonia · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PEPPER CONSULT
since 20082.198.207.367
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21821B0379/00Y000 | Brussels | 873 m² | 1 · 335 m² | 7.9 m · 2 fl. |
| 91097B0378/00F000 | Wallonia | 565 m² | 1 · 135 m² | 11.5 m · 3 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.
Similar companies · same sector, comparable size
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Of 1,450 companies in sector 74130 we hold annual accounts for 339. 276 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
Founded07-10-2008
Fiscal year end31-12
Activities, NACEBEL 2025
74130Interior design
Scores and ratios are computed by Checked and are not a credit decision.