pepps engineering
ActiveSummary
pepps engineering has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €561,692. Equity has been growing by about 93% per year since 2021. Its solvency ranks better than 56% of 3,395 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 12-08-2020 Normal situation
- Registered office
- 21 active companies are registered at this address Source: KBO register, as of 2 November 2026.
- Activity
- Computer consultancy and computer facilities management NACE 62200and 4 others
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment units
- 2.307.220.422 1160 Oudergem, since 12-08-2020
- 2.307.220.521 1348 Ottignies-Louvain-la-Neuve, since 12-08-2020and 1 other
- Financial year end
- 31 December
- Peppol
- Reachable since 01-09-2026
Board and ownership
- DE PLAEN LaurentDirector · since 12-08-2020
- GILIS YannickDirector · since 12-08-2020
- Gauthier VAN DAMMEDirector · since 01-05-2025
- I.D.EN MANAGEMENT10%· score 892025 annual accounts of I.D.EN MANAGEMENT
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €1.6m
- ▲ 24.3%
- Turnover
- ≈ €3.8m
- estimated
- Profit
- €561,692
- ▲ 10.9%
- Equity
- €1.3m
- ▲ 53.9%
- Total assets
- €2.4m
- ▲ 58.1%
- Employees on 31-12-2025
- 19
- ▲ 138%
Score breakdownraises risk1 change of registered office in 24 monthslowers riskLiquidity: current ratio 3.10, cash €512,595Sector: Computer programming, consultancy and related activities (NACE 62)Figures for financial year 2025 (filed on 25-07-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 62, small). It does better than 66% of them on solvency, 78% on liquidity, 93% on profitability and 83% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 5 accounts on average 2 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 25-07-2026 at the NBB all 5 filings
Every figure per financial year
The operating result for 2025 is 7% higher than in 2024 and the highest since 2021. It is the fourth rise in a row.
- 2024 Net result +257% on 2023. The accounts now follow the full format, last year the micro format.
The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 5 | 12 | 8 | 19 |
| full-time | 1 | 5 | 11 | 7 | 17 |
| part-time | - | - | 1 | 1 | 2 |
| in full-time equivalents | 1 | 5 | 11.8 | 7.8 | 18.3 |
| Average over the year, in full-time equivalents | 1 | 3 | 8.8 | 9.8 | 13.2 |
| On a permanent contract | 1 | 5 | 12 | 8 | 18 |
| Joined | 1 | 4 | 8 | 2 | 14 |
| Left | 0 | 0 | 1 | 6 | 3 |
| Training hours | - | - | - | 31 | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €16,440 | €31,125 | €186,091 | €48,663 | €234,393 |
| Financial fixed assets | €180 | €979 | €13,500 | - | - |
| Depreciation and write-downs of the year | €1,534 | €7,580 | €41,467 | €65,305 | €94,638 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Federal government
2023 to 2025 · 3 entries · €1.5m in total| Year | Department | Transactions | Amount |
|---|---|---|---|
| 2025 | FOD Buitenlandse Zaken | 1 | €297,500 |
| 2024 | FOD Buitenlandse Zaken | 1 | €595,000 |
| 2023 | FOD Buitenlandse Zaken | 1 | €610,750 |
Public contracts
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €0.002m | - |
| Remuneration, social security and pensions62 | €0.06m | €0.1m | €0.5m | €0.6m | €0.9m | ▲ 38.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.002m | €0.008m | €0.04m | €0.07m | €0.09m | ▲ 44.9% |
| Other operating charges640/8 | €0.001m | €0.001m | €0.004m | €0.006m | €0.008m | ▲ 48.3% |
| Non-recurring operating charges66A | - | - | €2 | - | - | - |
| Gross operating margin9900 | €0.2m | €0.3m | €0.7m | €1.3m | €1.6m | ▲ 24.3% |
| Operating profit (loss)9901 | €0.1m | €0.2m | €0.2m | €0.6m | €0.6m | ▲ 7.4% |
| Financial income75/76B | - | €0.001m | €0.003m | €0.005m | €0.006m | ▲ 21.4% |
| Recurring financial income75 | - | €0.001m | €0.003m | €0.005m | €0.003m | ▼ 36.9% |
| Non-recurring financial income76B | - | - | - | - | €0.003m | - |
| Financial charges65/66B | €178 | €0.01m | -€0.002m | €0.006m | €0.01m | ▲ 116% |
| Recurring financial charges65 | €178 | €0.01m | -€0.002m | €0.006m | €0.01m | ▲ 83.1% |
| Non-recurring financial charges66B | - | - | - | - | €0.002m | - |
| Profit (loss) for the period before taxes9903 | €0.1m | €0.1m | €0.2m | €0.6m | €0.6m | ▲ 6.4% |
| Income taxes67/77 | €0.01m | €0.005m | €0.05m | €0.09m | €0.08m | ▼ 18.1% |
| Profit (loss) for the period9904 | €0.09m | €0.1m | €0.1m | €0.5m | €0.6m | ▲ 10.9% |
| Profit (loss) for the period to be appropriated9905 | €0.09m | €0.1m | €0.1m | €0.5m | €0.6m | ▲ 10.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €0.4m | €0.4m | €1.1m | €1.5m | €2.4m | ▲ 58.1% |
| Fixed assets21/28 | €0.02m | €0.04m | €0.2m | €0.2m | €0.3m | ▲ 67.7% |
| Tangible fixed assets22/27 | €0.01m | €0.04m | €0.2m | €0.2m | €0.3m | ▲ 74.1% |
| Plant, machinery and equipment23 | - | - | - | - | €0.004m | - |
| Furniture and vehicles24 | €0.01m | €0.04m | €0.2m | €0.1m | €0.3m | ▲ 80.5% |
| Other tangible fixed assets26 | - | €0.003m | €0.02m | €0.02m | €0.01m | ▼ 9.5% |
| Financial fixed assets28 | €180 | €0.001m | €0.01m | €0.01m | €0.01m | = |
| Current assets29/58 | €0.4m | €0.4m | €0.9m | €1.4m | €2.1m | ▲ 57.0% |
| Amounts receivable after more than one year29 | - | - | - | - | €0.05m | - |
| Other amounts receivable291 | - | - | - | - | €0.05m | - |
| Amounts receivable within one year40/41 | €0.05m | €0.08m | €0.4m | €0.4m | €0.8m | ▲ 109% |
| Trade receivables40 | €0.05m | €0.07m | €0.4m | €0.4m | €0.7m | ▲ 107% |
| Other amounts receivable41 | - | €0.008m | €107 | €0.008m | €0.02m | ▲ 187% |
| Current investments50/53 | €0.02m | €0.02m | €0.01m | €0.2m | €0.8m | ▲ 270% |
| Cash at bank and in hand54/58 | €0.3m | €0.3m | €0.5m | €0.8m | €0.5m | ▼ 31.9% |
| Deferred charges and accrued income490/1 | €0.001m | €0.008m | €0.01m | €0.03m | €0.03m | ▼ 1.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €0.4m | €0.4m | €1.1m | €1.5m | €2.4m | ▲ 58.1% |
| Equity10/15 | €0.1m | €0.2m | €0.3m | €0.8m | €1.3m | ▲ 53.9% |
| Contributions10/11 | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Reserves13 | - | - | - | - | €1.3m | - |
| Distributable reserves133 | - | - | - | - | €1.3m | - |
| Profit (loss) carried forward14 | €0.07m | €0.2m | €0.3m | €0.8m | €0.007m | ▼ 99.2% |
| Amounts payable17/49 | €0.3m | €0.2m | €0.7m | €0.7m | €1.1m | ▲ 63.3% |
| Amounts payable after more than one year17 | €0.009m | €0.02m | €0.08m | €0.02m | €0.1m | ▲ 410% |
| Financial debts170/4 | €0.009m | €0.02m | €0.08m | €0.02m | €0.1m | ▲ 410% |
| Amounts payable within one year42/48 | €0.3m | €0.2m | €0.3m | €0.4m | €0.7m | ▲ 63.4% |
| Current portion of amounts payable after more than one year42 | €0.005m | €0.01m | €0.05m | €0.05m | €0.09m | ▲ 84.2% |
| Financial debts43 | €447 | €0.006m | - | - | - | - |
| Credit institutions430/8 | €447 | €0.006m | - | - | - | - |
| Trade debts44 | €0.04m | €0.07m | €0.08m | €0.2m | €0.3m | ▲ 35.3% |
| Suppliers440/4 | €0.04m | €0.07m | €0.08m | €0.2m | €0.3m | ▲ 35.3% |
| Bills of exchange payable441 | €0.004m | - | - | - | - | - |
| Advances received on contracts in progress46 | €0.2m | €0.04m | €0.04m | - | - | - |
| Taxes, remuneration and social security45 | €0.02m | €0.03m | €0.1m | €0.2m | €0.2m | ▲ 24.9% |
| Taxes450/3 | €0.02m | €0.02m | €0.07m | €0.1m | €0.1m | ▲ 16.5% |
| Remuneration and social security454/9 | €0.003m | €0.01m | €0.06m | €0.06m | €0.08m | ▲ 41.6% |
| Other amounts payable47/48 | €0.02m | €0.03m | €0.03m | - | €0.1m | - |
| Accrued charges and deferred income492/3 | €324 | €160 | €0.3m | €0.2m | €0.3m | ▲ 28.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €91,342 | €142,000 | €142,100 | €506,674 | €561,692 | ▲ 10.9% |
| + Depreciation and write-downs630 | €1,534 | €7,580 | €41,467 | €65,305 | €94,638 | ▲ 44.9% |
| Operating cash flow (approximation) | €92,876 | €149,580 | €183,567 | €571,979 | €656,330 | ▲ 14.7% |
| Investment in fixed assets (approximation) | - | -€32,104 | -€187,203 | -€48,663 | -€208,835 | ▼ 329% |
| Change in cash | - | €451 | €204,694 | €270,475 | -€240,299 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 6,782 companies had the same profile as pepps engineering has now. Two years later, 96.7% were still going and 0.6% had gone bankrupt.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of pepps engineering itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 6,782 companies, not a prediction for pepps engineering. 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.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 25-07-2026 | 2026-00341680 | |
| 31-12-2024 | full format | 29-08-2025 | 2025-00431361 | |
| 31-12-2023 | micro format | 28-08-2024 | 2024-00404909 | |
| 31-12-2022 | micro format | 27-07-2023 | 2023-00307461 | |
| 31-12-2021 | micro format | 24-06-2022 | 2022-20095187 |
Board & ownership
Directors
Owners and capital
Shareholders
1 ownerOwners 1
- Equity €16,504 Profit of €17,170 in 2025 Checked score 8910%
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| DE PLAEN Laurent |
|
| GILIS Yannick |
|
| Gauthier VAN DAMME |
|
Network & group
Companies at the same address
20 other companies- One2Treat Registered office · since 2023 0803931347
- Data Leverage Registered office · since 2023 0802828319
- Audinate Belgium Registered office · since 2022 0780507035
- WILINK INSURANCE VAT UNIT Registered office · since 2021 0759891367
- COPAWIN Registered office · since 2020 0753994658
- ALTRO FINANCIAL SOLUTIONS Registered office · since 2019 0451832334
- Ingenia Advice Registered office · since 2018 0875685316
- FORSIDES BELGIUM Establishment · since 2017 0682962152
- VAQUALAN Real Estate Establishment · since 2017 0674844539
- Borsus, Hélène (sole trader) Establishment · since 2016 0661604435
Connections & network
1 connected companyThe connected companies are in the list below.
Timeline
Acts, filings and financial milestones
04-08
Gazette deed
Registered office moved within Louvain-La-NeuveAppointment: Gauthier VAN DAMME (director)3 points ▸
- General meeting, 31-03-2026
- Registered-office move, Boulevard Bauduin ler 25 à 1348 Louvain-La-Neuve
- Director appointment, Gauthier VAN DAMME (director)
17-04
Gazette deed
Registered office moved within Louvain-La-Neuve2 points ▸
- General meeting, 15-01-2024
- Registered-office move, Chemin du Cyclotron 6- 1348 Louvain-La-Neuve
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25386B0112/00H008 | Wallonia | 8,507 m² | 1 · 2,091 m² | 17.6 m · 5 |
| 25384B0054/00T000 | Wallonia | 2,608 m² | 1 · 133 m² | 9.3 m · 3 |
| 92128B0186/00N002 | Wallonia | 631 m² | 1 · 105 m² | 8.8 m · 2 |
| 21002A0066/00P015 | Brussels | 215 m² | 1 · 70 m² | 11.9 m · 3 |