PEPPER PINK
ActiveSummary
PEPPER PINK has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €212k and a net result of €-17k. Equity is growing by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 7058 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability9▼-60
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 27.02 against 24.1 in 2024; short-term debt: 3.7% and cash: 91.1% of total assets), and 3.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
16 d late
2023
17 d late
2022
24 d early
2021
7 d early
2020
4 d late
2019
26 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€92k
EBIT margin
15.1%
Net result
€-17k
2024 · €486
2018: €10k
2019: €17k▲ +76.5% vs 2018
2020: €31k▲ +82.5% vs 2019
2021: €35k▲ +13.5% vs 2020highest in 8 years
2022: €10k▼ -70.6% vs 2021
2023: €10k▲ +0.8% vs 2022
2024: €486▼ -95.3% vs 2023
2025: €-17k▼ -3612% vs 2024lowest in 8 years
2018 → 2025
Working capital
€211k▼ 7.3%
2024 · €227k
2018: €122klowest in 8 years
2019: €138k▲ +13.4% vs 2018
2020: €170k▲ +23.2% vs 2019
2021: €204k▲ +20.0% vs 2020
2022: €215k▲ +5.6% vs 2021
2023: €226k▲ +5.1% vs 2022
2024: €227k▲ +0.5% vs 2023highest in 8 years
2025: €211k▼ -7.3% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€207k-€218k▲ 5.0%€228k▲ 4.8%€229k▲ 0.2%€212k▼ 7.5%
2021: €207klowest in 5 years
2022: €218k▲ +5.0% vs 2021
2023: €228k▲ +4.8% vs 2022
2024: €229k▲ +0.2% vs 2023highest in 5 years
2025: €212k▼ -7.5% vs 2024
Operating result€49k-€15k▼ 68.6%€15k▼ 0.7%€1k▼ 91.4%€-17k
2021: €49khighest in 5 years
2022: €15k▼ -68.6% vs 2021
2023: €15k▼ -0.7% vs 2022
2024: €1k▼ -91.4% vs 2023
2025: €-17k▼ -1382% vs 2024lowest in 5 years
Net result€35k-€10k▼ 70.6%€10k▲ 0.8%€486▼ 95.3%€-17k
2021: €35khighest in 5 years
2022: €10k▼ -70.6% vs 2021
2023: €10k▲ +0.8% vs 2022
2024: €486▼ -95.3% vs 2023
2025: €-17k▼ -3612% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €17k after €1k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €220k
Fixed assets
€750 ▼ 41.1%
Current assets
€219k ▼ 7.7%
Equity and liabilities €220k
Equity
€212k ▼ 7.5%
Debt
€8k ▼ 17.7%
Debt's share of the balance-sheet total falls from 4.1% to 3.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-17k▼
2024 · €2k
Cash flow
€-17k▼
2024 · €1k
Current ratio
27.02▲
2024 · 24.10
Debt to equity
0.04▼
2024 · 0.04
ROE
-8.1%▼
2024 · 0.2%
ROA
-7.8%▼
2024 · 0.2%
Interest coverage
-312.29▼
2024 · 41.15
Debt ≤ 1 year
€8k▼
2024 · €10k
Income taxes
€-4▼
2024 · €956
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 · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€239k€220k▼
Fixed assets21/28€1k€750▼
Tangible fixed assets22/27€523€0▼
Plant, machinery and equipment23€523€0▼
Financial fixed assets28€750€750=
Current assets29/58€237k€219k▼
Amounts receivable within one year40/41€12k€13k▲
Trade receivables40€3k€6k▲
Other amounts receivable41€9k€7k▼
Current investments50/53€6k€6k=
Cash at bank and in hand54/58€220k€200k▼
Equity and liabilities
Total equity and liabilities10/49€239k€220k▼
Equity10/15€229k€212k▼
Contributions10/11€6k€6k=
Capital10€6k-
Issued capital100€19k-
Uncalled capital101€12k-
Reserves13€85k€85k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k-
Reserves not available under the articles1311-€2k
Distributable reserves133€83k€83k=
Profit (loss) carried forward14€138k€121k▼
Amounts payable17/49€10k€8k▼
Amounts payable within one year42/48€10k€8k▼
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€8k€6k▼
Taxes450/3€8k€6k▼
Other amounts payable47/48€706€706=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€568€523▼
Other operating charges640/8-€239
Gross operating margin9900€2k€-16k▼
Operating profit (loss)9901€1k€-17k▼
Financial income75/76B€159€1▼
Recurring financial income75€159€1▼
Financial charges65/66B€46€53▲
Recurring financial charges65€46€53▲
Profit (loss) for the period before taxes9903€1k€-17k▼
Income taxes67/77€956€-4▼
Profit (loss) for the period9904€486€-17k▼
Profit (loss) for the period to be appropriated9905€486€-17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€138k€121k▼
Profit (loss) brought forward from the previous period14P€137k€138k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €1k | €568 | €568 | €523 | ▼ 7.9% |
| Other operating charges640/8 | €257 | €201 | €219 | - | €239 | - |
| Gross operating margin9900 | €51k | €17k | €16k | €2k | €-16k | ▼ 958% |
| Operating profit (loss)9901 | €49k | €15k | €15k | €1k | €-17k | ▼ 1,382% |
| Financial income75/76B | €0 | - | - | €159 | €1 | ▼ 99.7% |
| Recurring financial income75 | €0 | - | - | €159 | €1 | ▼ 99.7% |
| Financial charges65/66B | €563 | €600 | €188 | €46 | €53 | ▲ 14.7% |
| Recurring financial charges65 | €563 | €600 | €188 | €46 | €53 | ▲ 14.7% |
| Profit (loss) for the period before taxes9903 | €49k | €15k | €15k | €1k | €-17k | ▼ 1,284% |
| Income taxes67/77 | €14k | €5k | €5k | €956 | €-4 | ▼ 100% |
| Profit (loss) for the period9904 | €35k | €10k | €10k | €486 | €-17k | ▼ 3,612% |
| Profit (loss) for the period to be appropriated9905 | €35k | €10k | €10k | €486 | €-17k | ▼ 3,612% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €227k | €226k | €236k | €239k | €220k | ▼ 7.9% |
| Fixed assets21/28 | €4k | €2k | €2k | €1k | €750 | ▼ 41.1% |
| Tangible fixed assets22/27 | €3k | €2k | €1k | €523 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | €3k | €2k | €1k | €523 | €0 | ▼ 100% |
| Furniture and vehicles24 | €164 | - | - | - | - | - |
| Financial fixed assets28 | €750 | €750 | €750 | €750 | €750 | = |
| Current assets29/58 | €223k | €223k | €234k | €237k | €219k | ▼ 7.7% |
| Amounts receivable within one year40/41 | €17k | €20k | €32k | €12k | €13k | ▲ 14.7% |
| Trade receivables40 | €14k | €12k | €11k | €3k | €6k | ▲ 135% |
| Other amounts receivable41 | €3k | €8k | €21k | €9k | €7k | ▼ 19.3% |
| Current investments50/53 | €6k | €6k | €6k | €6k | €6k | = |
| Cash at bank and in hand54/58 | €201k | €198k | €197k | €220k | €200k | ▼ 9.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €227k | €226k | €236k | €239k | €220k | ▼ 7.9% |
| Equity10/15 | €207k | €218k | €228k | €229k | €212k | ▼ 7.5% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Capital10 | €6k | €6k | €6k | €6k | - | - |
| Issued capital100 | €19k | €19k | €19k | €19k | - | - |
| Uncalled capital101 | €12k | €12k | €12k | €12k | - | - |
| Reserves13 | €65k | €75k | €85k | €85k | €85k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Legal reserve130 | €2k | €2k | €2k | €2k | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €2k | - |
| Distributable reserves133 | €63k | €73k | €83k | €83k | €83k | = |
| Profit (loss) carried forward14 | €136k | €137k | €137k | €138k | €121k | ▼ 12.4% |
| Amounts payable17/49 | €19k | €8k | €8k | €10k | €8k | ▼ 17.7% |
| Amounts payable within one year42/48 | €19k | €8k | €8k | €10k | €8k | ▼ 17.7% |
| Trade debts44 | €4k | €1k | €1k | €2k | €1k | ▼ 30.2% |
| Suppliers440/4 | €4k | €1k | €1k | €2k | €1k | ▼ 30.2% |
| Taxes, remuneration and social security45 | €12k | €7k | €6k | €8k | €6k | ▼ 16.7% |
| Taxes450/3 | €12k | €7k | €6k | €8k | €6k | ▼ 16.7% |
| Other amounts payable47/48 | €4k | - | €389 | €706 | €706 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €35k | €10k | €10k | €486 | €-17k | ▼ 3,612% |
| + Depreciation and write-downs630 | €1k | €1k | €568 | €568 | €523 | ▼ 7.9% |
| Operating cash flow (approximation) | €36k | €12k | €11k | €1k | €-17k | ▼ 1,670% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €-4k | €-839 | €23k | €-20k | ▼ 186% |
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
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series.
16-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 16 days late
2024
17-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 17 days late
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 28.30
Current ratio from 11.50 to 28.30; short-term debt falls from €19k to €8k.
24-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €35k ▲13.5%
Operating result €49k, net result €35k, both a record.
31-12
Financial
Equity above €200kEq €207k ▲20.3%
4 profitable years in a row build equity to €207k.
04-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 4 days late
2020
31-12
Financial
Equity above €150kEq €172k ▲21.8%
3 profitable years in a row build equity to €172k.
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
Show earlier events
2019
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 19 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 27 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
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, Ukkel · 1 establishment unit since 2013
Ground area
271 m²
Building footprint
149 m²
Volume, LiDAR
1,863 m³
Parcel 21016B0276/00Z046, Brussels · tallest building 14.0 m, ±4 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
PEPPER PINK
since 20132.216.144.251
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21016B0276/00Z046 | Brussels | 271 m² | 1 · 149 m² | 14.0 m · 4 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.
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Of 9,862 companies in sector 73110 we hold annual accounts for 3,753. 2,779 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
Founded29-01-2013
Fiscal year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
58190Other publishing activities, excluding software publishing
62100Computer programming
63910Web portal activities
82300Organisation of conventions and trade shows
Scores and ratios are computed by Checked and are not a credit decision.