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PepsiCo Services

Active
Public limited companyfounded 198838 yrs activeDa Vincilaan 3, 1930 Zaventem, BelgiumKBO/BCE: BE 0433.279.402
Summary

PepsiCo Services has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €121.6m and a net result of €11.7m. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 95% of 737 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Logistics services
NACE 52250NACE 52290Activities of head offices NACE 70100
#1 company by equity in Zaventem, Transport and storage sector2 sites
Size
€41.1mturnover 2024
Staff
90.7 FTE
Equity
€121.6m
Profit
€11.7m
Financial health
93 Excellent Checked score 2024
Bankruptcy chance 12 m
0.1%
Structure
Parent
PEPSICO INC.
Board
4 members
Holdings
1
Auditor: KPMG BedrijfsrevisorenAccounts 65 d overdue
Why 93- Figures for FY 2024 (filed 05-07-2025)+ Founded in 1988+ Equity €121.6m (91.1% of total assets)+ Liquidity: current ratio 10.34, cash €18.4mShow the evidence

Checked score

Score 2024
93 / 100
Excellent
Probability in this band: under 0.55%
Better than 68% of its sector peers (NACE 52, medium-sized)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency 100=
equity 91.1% of total assets
Liquidity 67+9
short-term debt 7.1% · cash 13.8%
Profitability 59=
return on assets 8.7%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (176 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● 0.0% vs 11-2024 01-2025: 0.1%▼ -3.5% vs 12-2024 02-2025: 0.1%▼ -3.6% vs 01-2025 03-2025: 0.1%● 0.0% vs 02-2025 04-2025: 0.1%▼ -2.5% vs 03-2025 05-2025: 0.1%▲ +6.4% vs 04-2025 06-2025: 0.1%▼ -1.2% vs 05-2025 07-2025: 0.1%▲ +30.5% vs 06-2025 08-2025: < 0.1%▼ -62.6% vs 07-2025 09-2025: < 0.1%● 0.0% vs 08-2025 10-2025: < 0.1%● 0.0% vs 09-2025 11-2025: < 0.1%● 0.0% vs 10-2025 12-2025: < 0.1%● 0.0% vs 11-2025 01-2026: < 0.1%● 0.0% vs 12-2025 02-2026: < 0.1%▼ -2.5% vs 01-2026lowest value 03-2026: < 0.1%● 0.0% vs 02-2026lowest value 04-2026: < 0.1%● 0.0% vs 03-2026lowest value 05-2026: < 0.1%▲ +2.6% vs 04-2026 06-2026: < 0.1%▼ -2.5% vs 05-2026lowest value 07-2026: < 0.1%▲ +2.6% vs 06-2026 08-2026: 0.1%▲ +75.0% vs 07-2026 09-2026: 0.1%▲ +22.9% vs 08-2026 10-2026: 0.1%▲ +70.9% vs 09-2026highest value
  • Figures for FY 2024 (filed 05-07-2025) raises the probability
  • Founded in 1988 lowers the probability for this profile
  • Equity €121.6m (91.1% of total assets) lowers the probability
  • Liquidity: current ratio 10.34, cash €18.4m lowers the probability
Credit up to €4,100,000 at 30 days acceptable
Liquidity ample (current ratio 10.34 against 4.6 in 2023; short-term debt: 7.1% and cash: 13.8% of total assets), and 8.9% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 52, medium-sized). Better than this share of them on solvency 95%, liquidity 89%, profitability 43%, growth against the median 43%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 05-07-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1988
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Equity €121.6m (91.1% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Liquidity: current ratio 10.34, cash €18.4m
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
29 d early
2023
30 d early
2022
25 d early
2021
27 d early
2020
25 d early
2019
28 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 27 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Reappointment: KPMG Bedrijfsrevisoren (statutory auditor)Permanent representative: Ellemarie Bex
  2. Annual accounts filedfiscal year 2024 · full…
  3. Appointment: Mariia Tsarenko (director)Mandate compensation

Key points

  • Positive: Result rose in 2024from €1.5m to €11.7m ▲ 681% View
  • Positive: Company by equity in Zaventem, Transport and storage…in the Checked rankings #1 View
  • Caution: Accounts not fileddeadline was 31-07-2026 65 d late View
  • Controlled by PEPSICO INC.known shareholders 100% parent View
  • Positive: 7 profitable years in a rowprofit 2024: €11.7m 7 years View

By topic

Financials

Fiscal year
2024
Turnover
€41.1m
Profit
€11.7m
Solvency
91.1%
Turnover▼ 4.2%
Net result
20182024
Go to Financials

Board & ownership

Board
4 members
Parent
PEPSICO INC.
Known shareholders
100%
Auditor
KPMG Bedrijfsrevisoren
Go to Board & ownership

Timeline

Events
35
Since
2004
  1. 24-10-2025Reappointment: KPMG Bedrijfsrevisoren (statutory auditor)
  2. 02-07-2025Annual accounts filed
  3. 05-05-2025Appointment: Mariia Tsarenko (director)
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Logistics servicesNACE 52250
Founded
26-01-1988
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
Het aan- en verkopen van alle portefeuillewaarden en aandelen zoals publieke en private…
Go to Articles of association

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