Per4mance Projects
ActiveSummary
The computed 12-month bankruptcy probability of Per4mance Projects is 3.1% (moderate). The 2024 annual accounts show equity of €48,445 and a net result of €38,092. Equity is growing by ~3.4% per year across the filed fiscal years. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability90▲+8
Solvency46▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity short (current ratio 0.87 against 1.0 in 2023; short-term debt: 55.4% and cash: 4.9% of total assets), and 78.8% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
21.2%
Return on assets
16.7%
Age of the figures
21 mo
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 11-06-2026, 50 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
50 d early
2024
42 d early
2023
154 d early
2022
48 d early
2021
47 d early
2020
54 d early
2019
7 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 57 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 13 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2024, micro schema
Equity
€48,445▼ 27.1%
2023 · €66,470
Total assets
€228,514▼ 18.6%
2023 · €280,756
Net result
€38,092▲ 25.2%
2023 · €30,424
Working capital
-€15,961
2023 · €635
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€63,850▲ 59.4%€7,189▼ 88.7%-€36,107€36,685€54,035▲ 47.3%
Net result€45,045above the sector's middle half▲ 57.8%€2,565within the sector's middle half▼ 94.3%-€41,909below the sector's middle half€30,424above the sector's middle half€38,092above the sector's middle half▲ 25.2%
Equity€75,391within the sector's middle half▲ 136%€77,955within the sector's middle half▲ 3.4%€36,046within the sector's middle half▼ 53.8%€66,470within the sector's middle half▲ 84.4%€48,445within the sector's middle half▼ 27.1%
Total assets€112,308within the sector's middle half▲ 31.4%€332,049above the sector's middle half▲ 196%€276,794within the sector's middle half▼ 16.6%€280,756within the sector's middle half▲ 1.4%€228,514within the sector's middle half▼ 18.6%
Debt€36,918▼ 31.0%€254,093▲ 588%€240,748▼ 5.3%€214,287▼ 11.0%€180,070▼ 16.0%
Working capital€39,289within the sector's middle half€26,269within the sector's middle half▼ 33.1%-€25,916below the sector's middle half€635below the sector's middle half-€15,961below the sector's middle half
Solvency67.1%above the sector's middle half▲ 29.7pp23.5%within the sector's middle half▼ 43.7pp13.0%below the sector's middle half▼ 10.5pp23.7%within the sector's middle half▲ 10.7pp21.2%below the sector's middle half▼ 2.5pp
Current ratio2.06within the sector's middle half▲ 1.221.19within the sector's middle half▼ 0.870.82below the sector's middle half▼ 0.371.00below the sector's middle half▲ 0.180.87below the sector's middle half▼ 0.13
Return on assets (ROA)40.1%above the sector's middle half▲ 6.7pp0.8%within the sector's middle half▼ 39.3pp-15.1%below the sector's middle half▼ 15.9pp10.8%within the sector's middle half▲ 26.0pp16.7%within the sector's middle half▲ 5.8pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 47% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €228,514
Fixed assets
€117,788 ▼ 16.3%
Current assets
€110,727 ▼ 20.9%
Equity and liabilities €228,514
Equity
€48,445 ▼ 27.1%
Debt
€180,070 ▼ 16.0%
Debt's share of the balance-sheet total rises from 76.3% to 78.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€78,650▲
2023 · €60,962
Cash flow
€62,708▲
2023 · €54,701
Debt to equity
3.72▲
2023 · 3.22
ROE
78.6%▲
2023 · 45.8%
Interest coverage
15.07▲
2023 · 6.75
Debt ≤ 1 year
€126,687▼
2023 · €139,315
Debt > 1 year
€53,382▼
2023 · €74,971
Income taxes
€11,239▲
2023 · €170
Staff costs
€4,032▲
2023 · €2,856
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,713 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.8%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,713 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €1,520 | - | - | - |
| Remuneration, social security and pensions62 | - | €2,520 | €4,032 | €2,856 | €4,032 | ▲ 41.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,615 | €20,679 | €24,578 | €24,277 | €24,615 | ▲ 1.4% |
| Other operating charges640/8 | - | €1,286 | €1,014 | €1,201 | €1,155 | ▼ 3.8% |
| Gross operating margin9900 | €75,975 | €31,674 | -€6,483 | €65,018 | €83,837 | ▲ 28.9% |
| Operating profit (loss)9901 | €63,850 | €7,189 | -€36,107 | €36,685 | €54,035 | ▲ 47.3% |
| Financial income75/76B | - | €2,579 | €1,943 | €2,946 | €517 | ▼ 82.4% |
| Recurring financial income75 | €1 | €2,579 | €1,943 | €2,946 | €517 | ▼ 82.4% |
| Financial charges65/66B | - | €5,648 | €7,572 | €9,038 | €5,221 | ▼ 42.2% |
| Recurring financial charges65 | €961 | €5,648 | €7,572 | €9,038 | €5,221 | ▼ 42.2% |
| Profit (loss) for the period before taxes9903 | €62,890 | €4,120 | -€41,736 | €30,593 | €49,332 | ▲ 61.2% |
| Income taxes67/77 | €17,845 | €1,555 | €173 | €170 | €11,239 | ▲ 6,524% |
| Profit (loss) for the period9904 | €45,045 | €2,565 | -€41,909 | €30,424 | €38,092 | ▲ 25.2% |
| Profit (loss) for the period to be appropriated9905 | €45,045 | €2,565 | -€41,909 | €30,424 | €38,092 | ▲ 25.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €112,308 | €332,049 | €276,794 | €280,756 | €228,514 | ▼ 18.6% |
| Formation expenses20 | - | - | - | - | €0 | - |
| Fixed assets21/28 | €36,101 | €170,716 | €158,235 | €140,806 | €117,788 | ▼ 16.3% |
| Intangible fixed assets21 | €26,667 | €160,417 | €140,417 | €120,417 | €100,417 | ▼ 16.6% |
| Tangible fixed assets22/27 | €9,434 | €7,206 | €14,725 | €17,296 | €14,277 | ▼ 17.5% |
| Plant, machinery and equipment23 | - | €889 | €2,086 | €8,443 | €8,527 | ▲ 1.0% |
| Furniture and vehicles24 | - | €4,154 | €9,313 | €6,367 | €4,105 | ▼ 35.5% |
| Other tangible fixed assets26 | - | €2,163 | €3,326 | €2,486 | €1,646 | ▼ 33.8% |
| Financial fixed assets28 | - | €3,094 | €3,094 | €3,094 | €3,094 | = |
| Current assets29/58 | €76,207 | €161,332 | €118,559 | €139,950 | €110,727 | ▼ 20.9% |
| Stocks and contracts in progress3 | - | €8,532 | - | - | - | - |
| Contracts in progress37 | - | €8,532 | - | - | - | - |
| Amounts receivable within one year40/41 | €41,644 | €108,025 | €56,023 | €51,573 | €94,628 | ▲ 83.5% |
| Trade receivables40 | - | €86,475 | €54,053 | €51,573 | €89,291 | ▲ 73.1% |
| Other amounts receivable41 | - | €21,550 | €1,970 | - | €5,337 | - |
| Cash at bank and in hand54/58 | €33,859 | €36,443 | €59,077 | €83,590 | €11,158 | ▼ 86.7% |
| Deferred charges and accrued income490/1 | - | €8,332 | €3,460 | €4,788 | €4,941 | ▲ 3.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €112,308 | €332,049 | €276,794 | €280,756 | €228,514 | ▼ 18.6% |
| Equity10/15 | €75,391 | €77,955 | €36,046 | €66,470 | €48,445 | ▼ 27.1% |
| Contributions10/11 | - | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €70,391 | €70,391 | €70,391 | €70,391 | €43,445 | ▼ 38.3% |
| Distributable reserves133 | - | €70,391 | €70,391 | €70,391 | €43,445 | ▼ 38.3% |
| Profit (loss) carried forward14 | - | €2,565 | -€39,344 | -€8,921 | - | - |
| Amounts payable17/49 | €36,918 | €254,093 | €240,748 | €214,287 | €180,070 | ▼ 16.0% |
| Amounts payable after more than one year17 | - | €119,030 | €96,273 | €74,971 | €53,382 | ▼ 28.8% |
| Financial debts170/4 | - | €119,030 | €96,273 | €74,971 | €53,382 | ▼ 28.8% |
| Amounts payable within one year42/48 | €36,918 | €135,063 | €144,475 | €139,315 | €126,687 | ▼ 9.1% |
| Current portion of amounts payable after more than one year42 | - | €31,257 | €28,627 | €23,064 | €23,375 | ▲ 1.3% |
| Financial debts43 | - | €50,000 | €75,000 | €75,000 | €8,944 | ▼ 88.1% |
| Credit institutions430/8 | - | €50,000 | €75,000 | €75,000 | €8,944 | ▼ 88.1% |
| Trade debts44 | €8,335 | €44,812 | €34,918 | €30,078 | €28,193 | ▼ 6.3% |
| Suppliers440/4 | - | €44,812 | €34,918 | €30,078 | €28,193 | ▼ 6.3% |
| Taxes, remuneration and social security45 | - | €4,198 | €1,707 | €8,322 | €4,936 | ▼ 40.7% |
| Taxes450/3 | - | €16 | €57 | €3,727 | €315 | ▼ 91.5% |
| Remuneration and social security454/9 | - | €4,181 | €1,650 | €4,595 | €4,620 | ▲ 0.6% |
| Other amounts payable47/48 | - | €4,796 | €4,223 | €2,851 | €61,240 | ▲ 2,048% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €45,045 | €2,565 | -€41,909 | €30,424 | €38,092 | ▲ 25.2% |
| + Depreciation and write-downs630 | €9,615 | €20,679 | €24,578 | €24,277 | €24,615 | ▲ 1.4% |
| Operating cash flow (approximation) | €54,660 | €23,243 | -€17,331 | €54,701 | €62,708 | ▲ 14.6% |
| Investment in fixed assets (approximation) | - | -€155,294 | -€12,096 | -€6,848 | -€1,597 | ▲ 76.7% |
| Change in cash | - | €2,584 | €22,633 | €24,513 | -€72,432 | ▼ 395% |
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
Next filing, fiscal year 2026, expected by
2026
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €30,424
Net result €30,424 after one loss-making year.
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€41,909
Net result drops to -€41,909, the lowest in the series; recovery starts the following year.
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2019net €45,045 ▲57.8%
Operating result €63,850, net result €45,045, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.06
Current ratio from 0.84 to 2.06; short-term debt falls from €53,492 to €36,918.
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Lokeren · 2 establishment units since 2019
Ground area
4,953 m²
Building footprint
678 m²
Volume, LiDAR
5,359 m³
3 parcels, Flanders · tallest building 15.7 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
Per4mance Projects
since 20192.289.585.921
Per4mance Projects
since 20222.329.252.387
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46014A0642/00X000 | Flanders | 3,280 m² | 1 · 349 m² | 15.7 m · 4 fl. |
| 46383D0354/00R000 | Flanders | 887 m² | 1 · 146 m² | 6.5 m · 2 fl. |
| 46383D0354/00D002 | Flanders | 786 m² | 1 · 183 m² | 6.2 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 102 EUR awarded · 102 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 102 EUR | 102 EUR |
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Of 7,862 companies in sector 43341 we hold annual accounts for 2,664. 2,310 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-05-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43341Painting of buildings
43230Insulation installation
43333Wallpapering and laying of floor and wall coverings in other materials
81220Other building cleaning and industrial cleaning
Contact
Website
www.per4mance.be
E-mail
per4mance2009@gmail.com
E-mail
peter@per4mance.beLokeren
Phone
+32476405910Lokeren
E-invoicing
Reachable via Peppol
Peppol ID
0208:0726887712
Also
9925:BE0726887712
Registered
24-11-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.