Equity
€140,583 ▲ 31.0%
PEPS-E paid out €28,235 in dividends. That is 46% of the 2025 profit.
PEPS-E
Overview
Lifetime
4 annual accounts with figures on one time axispeak €235,866 (2024)
€234,115▼ 0.7%
lowest -€63,764 (2022)
€61,539▼ 42.6%
peak €140,583 (2025)
€140,583▲ 31.0%
€376,394▲ 41.0%
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Result from €107,141 to €61,539Dividend €28,235Equity from €107,279 to €140,583Debts from €267,010 to €376,394Cash from €152,642 to €320,213
Key points
from the 2025 annual accountsTurnover
≈ €470,000 estimated
The micro format states no turnover.
Debts
€376,394 73% of the balance sheet
Financial debts 7%Suppliers 4%Taxes and wages 5%Other 84%
Of this, €154,534 falls due within a year.
Staff
4 employees on 31-12-2025
In 2025, 2 people joined and 1 left.
Liquidity
2.54 was 1.43 in 2024
Short-term debts fell from €181,148 to €154,534.
Filings
4 annual accounts 2 late
The 2025 accounts came latest: 28 days after the end of the period.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,712 companies had the same profile as PEPS-E has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 6,712 companies, not a prediction for PEPS-E. 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 check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director
Director
- 90 sharesdeed of 09-03-2021
- 10 sharesdeed of 09-03-2021
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0764709495
Appointment: (director)
General meeting of 16-08-2021 · Gazette deed
Incorporation
Founding capital of €5,000, 100 shares · Appointment: (director) · Registered office clause: rue du Batty, numéro 52, 4000 Liège · published on 09-03-2021 · Gazette deed
First establishment
Rue du Chéra 53, Liège
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PEPS-E Liège | €516,977 | €234,115 | 27.2% | - |
| Quilla - dokter Wina De Mol Antwerp | €429,885 | €167,508 | 93.2% | - |
| MIKADO Herent | €406,667 | €171,197 | 43.7% | - |
| Dr. Liesbeth Volkaerts Leuven | €376,817 | €251,355 | 11.3% | - |
| MEDICO-PSY-EXPERTISES Sombreffe | €697,036 | €308,306 | 4.3% | - |
| Psychiater Herremans Affligem | €756,551 | €181,098 | 52.9% | - |
| Centrum voor Neuropsychologie Ghent | €527,172 | €129,580 | 25.8% | - |
These companies have the same main activity as PEPS-E: psychology services (NACE 86931). They are comparable in size and age: total assets between €377,000 and €757,000, founded between 2019 and 2021.
Official details
Source: KBO- Status
- Active since 05-03-2021Normal situation
- Activity
- Psychology servicesNACE 86931
- Joint committee
- 332French- and German-speaking welfare and health sector · annual accounts 2025
- Establishment unit
- 2.314.551.8404000 Liège, since 05-03-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 28-11-2024
Annual accounts 2025
- €234,115▼ 0.7%
- €61,539▼ 42.6%
- €140,583▲ 31.0%
- €516,977▲ 38.1%
- Employeeson 31-12-2025
- 4▲ 33.3%
- Filing
- Filed on 28-08-2026
Insights on PEPS-E
PEPS-E files the micro format. That format states no turnover. The gross margin rose from €110,167 in 2022 to €234,115 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 28-08-2026, 28 days late€234,115
▼ 0.7%
€81,479
▼ 42.5%
€61,539
▼ 42.6%
€237,966
▲ 204%
27.2%
▼ 1.5 percentage points
2.54
▲ 1.11
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €470,000. Estimated: probably between €350,000 and €590,000.
Balance sheet
balance sheet total €516,977 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
27.2%
Higher than 24% of 21,311 companies in 2025.
2.54
Higher than 47% of 20,862 companies in 2025.
11.9%
Higher than 30% of 21,162 companies in 2025.
PEPS-E
Middle half of the sector
80% of the sector
Micro accounts in human health (NACE 86)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff
€25,577
Staff costs divided by the average number of full-time equivalents.
+1 person
people who joined
people who left
In 2025, 2 people joined and 1 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
516,977 | 374,289 | 217,742 | 238,473 | |
21/28 |
124,477 | 114,863 | 143,457 | 185,627 | |
21 |
70,016 | 99,939 | 137,154 | 174,370 | |
22/27 |
50,162 | 12,425 | 3,802 | 8,757 | |
24 |
50,162 | 12,425 | 3,802 | 8,757 | |
28 |
4,300 | 2,500 | 2,500 | 2,500 | |
29/58 |
392,500 | 259,426 | 74,285 | 52,846 | |
40/41 |
41,872 | 7,585 | 1,863 | 1,344 | |
40 |
8,394 | 6,921 | 1,863 | 1,344 | |
41 |
33,478 | 663 | - | - | |
54/58 |
320,213 | 152,642 | 60,460 | 40,274 | |
490/1 |
30,416 | 99,200 | 11,961 | 11,228 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
516,977 | 374,289 | 217,742 | 238,473 | |
10/15 |
140,583 | 107,279 | 138 | -58,764 | |
10/11 |
5,000 | 5,000 | 5,000 | 5,000 | |
14 |
135,583 | 102,279 | -4,862 | -63,764 | |
17/49 |
376,394 | 267,010 | 217,603 | 297,237 | |
17 |
25,276 | 4,012 | 11,961 | 19,809 | |
170/4 |
25,276 | 4,012 | 11,961 | 19,809 | |
42/48 |
154,534 | 181,148 | 205,643 | 277,428 | |
42 |
10,501 | 7,949 | 7,848 | 7,749 | |
43 |
1,062 | - | - | - | |
430/8 |
1,062 | - | - | - | |
44 |
15,284 | 13,303 | 20,095 | 32,414 | |
440/4 |
15,284 | 13,303 | 20,095 | 32,414 | |
45 |
19,302 | 38,098 | 16,104 | 56,398 | |
450/3 |
3,150 | 33,377 | 7,896 | 7,015 | |
454/9 |
16,152 | 4,721 | 8,208 | 49,383 | |
47/48 |
108,386 | 121,798 | 161,595 | 180,866 | |
492/3 |
196,584 | 81,850 | - | - | |
| Income statement | |||||
9900 |
234,115 | 235,866 | 92,326 | 110,167 | |
62 |
102,308 | 50,986 | 26,743 | 84,423 | |
630 |
46,918 | 41,391 | 44,051 | 82,486 | |
640/8 |
2,877 | 1,634 | 973 | 1,780 | |
66A |
533 | 214 | - | - | |
9901 |
81,479 | 141,641 | 20,558 | -58,521 | |
75/76B |
279 | 14 | 205 | 80 | |
75 |
279 | 14 | 205 | 80 | |
65/66B |
2,329 | 1,176 | 989 | 5,099 | |
65 |
2,329 | 1,176 | 989 | 1,560 | |
66B |
- | - | 0 | 3,539 | |
9903 |
79,429 | 140,478 | 19,774 | -63,540 | |
67/77 |
17,890 | 33,337 | 4,746 | 224 | |
9904 |
61,539 | 107,141 | 15,028 | -63,764 | |
9905 |
61,539 | 107,141 | 15,028 | -63,764 | |
| Appropriation of the result | |||||
9906 |
163,818 | 102,279 | -4,862 | -63,764 | |
14P |
102,279 | -4,862 | -19,890 | - | |
694/7 |
28,235 | - | - | - | |
694 |
28,235 | - | - | - | |
| Social balance sheet | |||||
9087 |
4 | 1.8 | 1 | 1.6 | |
Hours worked1013 |
2,629 | 1,319 | 614 | 1,157 | |
| Document | |||||
The notes to these accounts have 15 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 28-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 28 days after the deadline. Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00443249.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 128,397 | 183,032 | 64,609 | 23,964 | ||
| 108,457 | 148,532 | 59,079 | 18,721 | ||
| 57,066 | 13,012 | 1,881 | 267,752 | ||
| 167,571 | 92,181 | 20,186 | - | ||
| 237,966 | 78,278 | -131,358 | -224,582 | ||
| 27.2% | 28.7% | 0.1% | -24.6% | ||
| 2.54 | 1.43 | 0.36 | 0.19 | ||
| 2.68 | 2.49 | - | - | ||
| 43.8% | 99.9% | - | - | ||
| 11.9% | 28.6% | 6.9% | -26.7% | ||
| 55.14 | over 100 | 65.35 | 15.36 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 4 | 3 | 1 | 2 |
| full-time | 0 | 1 | 0 | - |
| part-time | 4 | 2 | 1 | 2 |
| in full-time equivalents | 1.6 | 1.7 | 0.3 | 0.8 |
| 1.5 | 0.8 | 0.3 | 0.6 | |
| On a permanent contract | 2 | 1 | - | - |
| Joined | 2 | 2 | 0 | 2 |
| Left | 1 | 0 | 1 | 0 |
Source: social balance sheet in the 2022 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | €46,989 | €13,012 | €1,881 | €19,805 |
| Intangible fixed assets | €8,276 | - | - | €245,447 |
| Financial fixed assets | €1,800 | - | - | €2,500 |
| €46,918 | €41,391 | €44,051 | €82,486 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on PEPS-E
The operating result for 2025 is 42% lower than in 2024.
Debt's share of the balance-sheet total rises from 71.3% to 72.8%. Equity and debt are higher.
Board & ownership
Board
2 directors, no change since June 2021Director
appointed by deed of 09-03-2021
term without a fixed end
also on the board of 1 other company
listed in the 2025 annual accounts, filed on 28-08-2026
Director
appointed by deed of 22-09-2021
also on the board of 2 other companies
listed in the 2025 annual accounts, filed on 28-08-2026
Mandates through the years
2 names, the dashed line is todayDirector
Director
Board
Mandates as a list
-
- Director, appointed by deed of 09-03-2021, still in office
-
- Director, appointed by deed of 22-09-2021, still in office
Control
Founders
,
This company
PEPS-E
Equity €140,583
Profit €61,539 in 2025
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- €1,406 in 2025
- Source
- deed of 09-03-2021
Articles of association
deed of 09-03-2021 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Saturday of May at 17:00
Shareholders
At incorporation
deed of 09-03-2021 ↗
- 90 shares (90%) · €4,500 in cash
- 10 shares (10%) · €500 in cash
Network & group
No group
PEPS-E has no parent and no holdings in its annual accounts.
At the same address
Rue du Batty 52, 4000 Liège · 1 other company| Gazon, Raphaël (sole trader)
establishment since 01-10-2001 |
founded in 2001 0812.817.735 |
Earlier ties
via , no longer at · Director · deed of 04-01-2017 |
founded in 1973 |
via , no longer at · Chair · deed of 03-02-2016 No longer active |
Connections & network
2 connected companiesThis company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
via and · deed of 05-09-2023
Founded in 2014 · total assets €179,853 (2025)
via · Director (not named in the articles) · deed of 22-04-2026
Founded in 2026
Timeline
Timeline
12 events since 2021Board
Filings
Financial
Establishments
202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 28 days late
2025
Annual accounts 2024 filed PDFmicro format · 30 days before the deadline
2024
Highest result from 2022 to 2025 net €107,141 ▲613% The operating result of €141,641 and the net result of €107,141 are both a record.
Liquidity more than triples current ratio 1.43 The current ratio rises from 0.36 to 1.43. Short-term debt falls from €205,643 to €181,148.
Equity above €100,000 equity €107,279 ▲77,453% After 2 profitable years in a row, equity reaches €107,279.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0764709495
Annual accounts 2023 filed PDFmicro format · 58 days before the deadline
2023
Back to profit net €15,028 The net result is €15,028, after one loss-making year.
Annual accounts 2022 filed PDFmicro format · 14 days late
2021
Appointment: (director)General meeting of 16-08-20212 points ▸
- General meeting, 16-08-2021
- Director appointment,
IncorporationFounding capital of €5,000, 100 shares · Appointment: (director) · Registered office clause: rue du Batty, numéro 52, 4000 Liège · published on 09-03-20214 points ▸
- Registered office clause, rue du Batty, numéro 52, 4000 Liège
- Board rule, 1
- Director appointment,
- Founding capital, €5,000, 100 shares
- The deed holds 13 more points.
First establishment Rue du Chéra 53, Liège
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0764.709.495
- VAT number
- BE 0764.709.495
- Peppol ID
- 0208:0764709495
- Other Peppol ID
- 9925:BE0764709495
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 05-03-2021
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Saturday of May at 17:00deed of 09-03-2021 (in French)
- Peppol
- Reachable since 28-11-2024Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- PEPS-E in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 09-03-2021 (in French)
Activities
NACEBEL 2025VAT activities
86931
Psychology services main activity
Social security (RSZ) activities
86931
Psychology services main activity
Joint committees annual accounts 2025
JC 332
French- and German-speaking welfare and health sector
Codes under NACEBEL 2008
VAT activities
86904
Human health activities main activity
Social security (RSZ) activities
86904
Human health activities main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “L’exploitation et la gestion d’un cabinet de psychologie; La consultation individuelle,de couple et de groupe,en psychologie,en psychologie…”deed of 09-03-2021 (in French)
8 activities
- L’exploitation et la gestion d’un cabinet de psychologie
- La consultation individuelle,de couple et de groupe,en psychologie,en psychologie clinique,en neuropsychologie,en psychothérapie ou en épanouissement/développement personnel
- L’aide psychologique et la médiation
- L’expertise psychologique en matière civile et pénale
- Les activités de secrétariat relatives à ces différentes prestations
- La coordination d’une équipe de psychologues
- L’organisation de formations et conférences dans le domaine de la psychologie
- La gestion et la mise en valeur pour son propre compte d’un patrimoine immobilier
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Rue du Batty 52 registered office 4000 Liège | ||
| Rue du Chéra 53 4000 Liège | 05-03-2021 | 2.314.551.840 |
Buildings and parcels at the addresses
- Ground area
- 289 m²
- Buildings
- 132 m²
- Volume, LiDAR
- 1,261 m³
- Tallest building
- 15.6 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 62814C0289/00K006 | 152 m² | 1 · 88 m² | 9.8 m · 3 |
| 62078A0405/00W013 | 138 m² | 1 · 44 m² | 15.6 m · 4 |
Contact
E-mail
r.gazon@peps-e.be
Phone
+32 495 11 08 31