PEPRIC
Bankruptcy closedInactive since 11-07-2026; last annual accounts for fiscal year 2022.
Summary
PEPRIC was declared bankrupt on 27-03-2025 (Ondernemingsrechtbank Leuven); the bankruptcy was closed by liquidation by judgment of 09-07-2026, published in the Belgian State Gazette on 16-07-2026.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 12-09-2023, 43 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
43 d late
2021
12 d early
2020
31 d late
2019
83 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€-129k
2021 · €8k
Total assets
€174k▼ 3.8%
2021 · €181k
Net result
€-138k▲ 5.6%
2021 · €-146k
Working capital
€-281k▼ 90.8%
2021 · €-147k
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
Line20182019202020212022
Operating result€-80k-€-20k▲ 74.6%€-141k▼ 592%€-146k▼ 3.4%€-141k▲ 3.4%
Net result€-70k-€-15k▲ 78.0%€-138k▼ 794%€-146k▼ 5.5%€-138k▲ 5.6%
Equity€308k-€292k▼ 5.0%€154k▼ 47.3%€8k▼ 94.7%€-129k
Total assets€378k-€329k▼ 12.9%€261k▼ 20.7%€181k▼ 30.6%€174k▼ 3.8%
Debt€70k-€37k▼ 47.2%€107k▲ 189%€173k▲ 61.6%€304k▲ 75.6%
Working capital€205k-€119k▼ 42.1%€-27k€-147k▼ 443%€-281k▼ 90.8%
Staff (FTE)1-1=1=1=1=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €141k in 2022 against €146k in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €174k
Fixed assets
€152k ▼ 2.4%
Current assets
€22k ▼ 12.7%
Key figures and ratios
EBITDA
€-27k▼
2021 · €-20k
Cash flow
€-24k▼
2021 · €-20k
Solvency
-74.3%▼
2021 · 4.5%
Current ratio
0.07▼
2021 · 0.15
Debt to equity
-2.35▼
2021 · 21.08
ROA
-79.0%▲
2021 · -80.5%
Interest coverage
-96.48▼
2021 · -59.94
Debt ≤ 1 year
€304k▲
2021 · €173k
Income taxes
€-3k▼
2021 · €-187
Staff costs
€96k▲
2021 · €92k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €1k | - | - |
| Remuneration, social security and pensions62 | - | - | - | €92k | €96k | ▲ 4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €49k | €96k | €130k | €125k | €114k | ▼ 9.1% |
| Other operating charges640/8 | - | - | - | €514 | €448 | ▼ 12.7% |
| Gross operating margin9900 | €79k | €204k | €89k | €72k | €70k | ▼ 3.2% |
| Operating profit (loss)9901 | €-80k | €-20k | €-141k | €-146k | €-141k | ▲ 3.4% |
| Financial income75/76B | - | - | - | €20 | €80 | ▲ 311% |
| Recurring financial income75 | - | €37 | €51 | €20 | €80 | ▲ 311% |
| Financial charges65/66B | - | - | - | €336 | €276 | ▼ 17.9% |
| Recurring financial charges65 | €352 | €1k | €971 | €336 | €276 | ▼ 17.9% |
| Profit (loss) for the period before taxes9903 | €-81k | €-21k | €-142k | €-146k | €-141k | ▲ 3.5% |
| Income taxes67/77 | €-10k | €-6k | €-4k | €-187 | €-3k | ▼ 1,659% |
| Profit (loss) for the period9904 | €-70k | €-15k | €-138k | €-146k | €-138k | ▲ 5.6% |
| Profit (loss) for the period to be appropriated9905 | €-70k | €-15k | €-138k | €-146k | €-138k | ▲ 5.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €378k | €329k | €261k | €181k | €174k | ▼ 3.8% |
| Fixed assets21/28 | €103k | €174k | €181k | €156k | €152k | ▼ 2.4% |
| Intangible fixed assets21 | €97k | €145k | €155k | €136k | €135k | ▼ 0.5% |
| Tangible fixed assets22/27 | €5k | €27k | €25k | €19k | €16k | ▼ 15.7% |
| Plant, machinery and equipment23 | - | - | - | €18k | €16k | ▼ 14.3% |
| Furniture and vehicles24 | - | - | - | €308 | - | - |
| Financial fixed assets28 | €1k | €1k | €1k | €1k | €1k | = |
| Current assets29/58 | €275k | €156k | €80k | €25k | €22k | ▼ 12.7% |
| Amounts receivable within one year40/41 | €14k | €63k | €22k | €23k | €21k | ▼ 7.5% |
| Trade receivables40 | - | - | - | €5k | €870 | ▼ 83.2% |
| Other amounts receivable41 | - | - | - | €17k | €20k | ▲ 15.1% |
| Cash at bank and in hand54/58 | €260k | €91k | €56k | €1k | €365 | ▼ 69.4% |
| Deferred charges and accrued income490/1 | - | - | - | €2k | €907 | ▼ 43.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €378k | €329k | €261k | €181k | €174k | ▼ 3.8% |
| Equity10/15 | €308k | €292k | €154k | €8k | €-129k | ▼ 1,677% |
| Contributions10/11 | €2.86M | €2.86M | €2.86M | €2.86M | €2.86M | = |
| Capital10 | - | - | - | €2.86M | €2.86M | = |
| Issued capital100 | - | - | - | €2.86M | €2.86M | = |
| Profit (loss) carried forward14 | €-2.55M | €-2.56M | €-2.70M | €-2.85M | €-2.99M | ▼ 4.8% |
| Amounts payable17/49 | €70k | €37k | €107k | €173k | €304k | ▲ 75.6% |
| Amounts payable within one year42/48 | €70k | €37k | €107k | €173k | €304k | ▲ 75.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €140k | €265k | ▲ 89.3% |
| Trade debts44 | €8k | €21k | €15k | €22k | €21k | ▼ 2.8% |
| Suppliers440/4 | - | - | - | €22k | €21k | ▼ 2.8% |
| Taxes, remuneration and social security45 | - | - | - | €11k | €17k | ▲ 56.2% |
| Remuneration and social security454/9 | - | - | - | €11k | €17k | ▲ 56.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-70k | €-15k | €-138k | €-146k | €-138k | ▲ 5.6% |
| + Depreciation and write-downs630 | €49k | €96k | €130k | €125k | €114k | ▼ 9.1% |
| Operating cash flow (approximation) | €-21k | €81k | €-8k | €-20k | €-24k | ▼ 16.0% |
| Investment in fixed assets (approximation) | - | €-167k | €-138k | €-100k | €-110k | ▼ 10.3% |
| Change in cash | - | €-169k | €-35k | €-55k | €-828 | ▲ 98.5% |
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
2026
16-07
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Leuven · event 09-07-2026
2025
02-04
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · event 27-03-2025
2023
12-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 43 days late
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-146k
Net result drops to €-146k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 83 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 23 days late
2017
29-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
17-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
08-05
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
30-01
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 183 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 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
13 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, Leuven
Ground area
8,837 m²
Building footprint
2,096 m²
Volume, LiDAR
12,516 m³
Parcel 24040C0005/00F000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
47
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24040C0005/00F000 | Flanders | 8,837 m² | 1 · 2,096 m² | 8.1 m · 2 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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | ELLIE VERHAEGEN PARIJSSTRAAT 62, 3000 LEUVEN- |
27-03-2025 → 09-07-2026 |
| Curator | ALEXANDER MEUWISSEN PARIJS-
STRAAT 62 BUS 0002, 3000 LEUVEN- |
27-03-2025 → 09-07-2026 |
Public money · subsidies and aid
European research
2 projects · 496,148 EUR EU contributionProgrammes
Seventh Framework Programme
Horizon Europe
Projects
Multifunctional Nanotechnology for selective detection and Treatment of cancer
Combination therapy for the treatment of metastatic melanoma using magnetic nanoparticles
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector. Of 1,178 companies in sector 72109 we hold annual accounts for 715. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded02-04-2009
Fiscal year end31-12
Activities, NACEBEL 2025
72109Other research and development on natural sciences
74999Other professional, scientific and technical activities
Scores and ratios are computed by Checked and are not a credit decision.