Losses
-€39,943 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
PEPPR ADMIN
Lifetime
6 annual accounts with figures on one time axispeak €405,147 (2021)
€195,820▲ 514%
lowest -€30,045 (2025)
-€30,045▼ €20,147
peak €157,654 (2023)
€117,711▼ 20.3%
€132,763▲ 456%
peak 1 FTE (2020)
-not published
Board4 names since 2019
-
Owners2 names in the annual accounts
Documentsfilings and deeds
29-07-20262 days before the deadline
2025micro format
Gross margin from €31,914 to €195,820Loss of €30,045Registered office moved from Merelbeke to Ledeberg 25-04Equity from €147,756 to €117,711Debts from €23,898 to €132,763Cash from €49,226 to €26,648
Key points
from the 2025 annual accountsDebts
€132,763 ▲ 456%
Debts rose by €108,865 in 2025.
Staff
5 employees on 31-12-2025
In 2025, 8 people joined and 4 left.
Liquidity
1.89 was 7.81 in 2024
Short-term debts rose from €21,333 to €130,196.
At the same address
35 companies
Position in the sector
-€30,045
Lower net result than 93% of companies in employment activities. Sector median €15,117 · 981 companies.
Checked score
66
Healthy
Financially stronger than 29% of micro companies in employment activities (NACE 78)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 1,379 companies (NACE 78, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025lowest value
03-2025: 0.1%● unchanged vs 02-2025lowest value
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.2%▲ +0.1 percentage points vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.4%▲ +0.1 percentage points vs 06-2026
08-2026: 0.9%▲ +0.5 percentage points vs 07-2026highest value
09-2026: 0.9%● unchanged vs 08-2026highest value
10-2026: 0.9%● unchanged vs 09-2026highest value
11-2026: 0.9%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
1 change of registered office in 24 months
Loss of €30,045, the second in a row (financial year 2025)
lowers risk
Sector: Employment activities (NACE 78)
Figures for financial year 2025 (filed on 01-08-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 78, micro). It does better than 52% of them on solvency, 23% on liquidity, 16% on profitability and 26% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,591 companies had the same profile as PEPPR ADMIN has now. Each dot stands for 9 companies, two years later.
87.4%
were still trading
9.4%
stopped another way
3.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PEPPR ADMIN itself: 0.9% within 12 months.
Test of the method
The method was tested on the 497,448 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 3,591 companies, not a prediction for PEPPR ADMIN. 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
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.89 (7.81 in 2024), above the usual 1.5. Short-term debt is 52% and cash 10.6% of total assets. However, 53% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
202122232425
2020 to 2025 · latest year -€30,045
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 29-07-2026, 2 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
2 days early
2024
57 days early
2023
56 days early
2022
54 days early
2021
54 days early
2020
9 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 39 days before the deadline. In the sector (NACE 78), the median for financial year 2024 was 14 days before the deadline, and 30% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 7 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
last known board- NONZEROSUM 2,500 sharesdeed of 04-11-2019
- FREDERIK HOUPE 1,667 sharesdeed of 04-11-2019
- FIDERO INVEST 833 sharesdeed of 04-11-2019
Recent changes
Registered office moved from Merelbeke to Ledeberg
New registered office: Brusselsesteenweg 6 bus 102, 9050 Ledeberg · Previous registered office: Guldensporenpark 120-9820 Merelbeke · General meeting of 18-03-2025 · Gazette deed
Company renamed from NONZEROSUM RECRUITMENT to PEPPR ADMIN
“Alle bijdragen aan de vestiging of ontwikkeling van ondernemingen en in het bijzonder het verlenen van…” (deed in Dutch) · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0736958587
Permanent representative: Stephanie Blommaert
General meeting of 21-09-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PEPPR ADMIN Ghent | €250,474 | €195,820 | 47.0% | - |
| The MORIS Company Oostkamp | €225,494 | €193,143 | 21.8% | - |
| WORKR P & O Lommel | €244,509 | €221,010 | 2.3% | - |
| FO Antwerp | €248,392 | €245,629 | -15.0% | - |
| HUMANCIPATIO Brussels | €233,973 | €153,498 | 17.6% | - |
| EXTERNAL STAFF Uccle | €281,661 | €153,355 | 32.2% | 1 |
| Mason Recruitment Wijnegem | €306,750 | €211,022 | 1.6% | 0 |
These companies have the same main activity as PEPPR ADMIN: employment placement agencies (NACE 78100). They are comparable in size and age: total assets between €225,000 and €307,000, founded between 2019 and 2020.
Official details
Source: KBO- Status
- Active since 30-10-2019Normal situation
- Registered office
- 37 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Employment placement agenciesNACE 78100and 2 others
- Establishment unit
- 2.295.232.3119050 Ghent, since 30-10-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 24-06-2024
Annual accounts 2025
- ≈ €490,000estimated
- €250,474▲ 45.9%
- Employeeson 31-12-2025
- 5▲ 400%
- Filing
- Filed on 29-07-2026, 2 days before the end of the filing period
Insights on PEPPR ADMIN
PEPPR ADMIN files the micro format. That format states no turnover. The gross margin rose from €75,048 in 2020 to €195,820 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 PEPPR ADMIN
- What is the company number of PEPPR ADMIN?
- The company number of PEPPR ADMIN is 0736.958.587. The VAT number is the same number with BE in front: BE 0736.958.587.
- Where is PEPPR ADMIN based?
- The registered office is at Brusselsesteenweg 6, 9050 Ghent.Company details
- What does PEPPR ADMIN do?
- According to the KBO register, the main activity is employment placement agencies (NACE 78100).
- What is the legal form of PEPPR ADMIN?
- PEPPR ADMIN is a private limited company (BV).
- When was PEPPR ADMIN founded?
- PEPPR ADMIN was founded on 30-10-2019.
- Is PEPPR ADMIN still active?
- Yes, PEPPR ADMIN is an active enterprise in the KBO register.
- How many employees does PEPPR ADMIN have?
- PEPPR ADMIN had an average of 3.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of PEPPR ADMIN?
- The turnover in financial year 2025 is ≈ €490,000. This figure is estimated from the gross margin of €195,820 and 2,203 comparable companies of the same size. It probably lies between €330,000 and €760,000. It is a rough estimate.
- Is PEPPR ADMIN profitable?
- In financial year 2025, PEPPR ADMIN made a loss of €30,045.
- Where can I find the annual accounts of PEPPR ADMIN?
- PEPPR ADMIN filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PEPPR ADMIN due?
- PEPPR ADMIN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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