PERIPASS

Active

Public limited companyfounded 2018active for 7 yearsBellevue 3, 9050 Gent, BelgiumKBO/BCE: BE 0715.784.576

Summary

The computed 12-month bankruptcy probability of PERIPASS is 2.5% (moderate). The annual accounts of PERIPASS for financial year 2025 show a net loss of 128% of the equity at the start of that year. The 2025 annual accounts show equity of €5.0m and a net result of -€6.6m. Equity is growing by about 3.1% per year across the filed financial years. Its solvency ranks better than 37% of 224 sector peers (NACE 63, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

PERIPASSActiveChecked score 51/100

Risk analysis Report Compare

Activity

Computing infrastructure, data processing, hosting and related activities

NACE 63100Computer programming NACE 62100

5th largest company by total assets in East Flanders, Computing infrastructure and information services sector1 site

Size

€15.6mtotal assets 2025

Staff: 32.1 FTE
Equity: €5.0m
Loss: -€6.6m

Staff (FTE) +59%: other schema

Financial health

51 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 2.5%

Structure

Largest shareholder: V.O.P. · 37.55%
Board: 5 members
Holdings: 3

Auditor: BV GRANT THORNTON BEDRIJFSREVISOREN- REVISEURS D’ENTREPRISES2025 accounts filed 77 days late12 of 18 deeds summarised

Why 51raises riskLoss of €6.6m, the second in a row (financial year 2025)Last filed accounts filed 77 days late; 2 of the last 3 lateLiquidity: current ratio 0.88, cash €309,794lowers riskSector: Computing infrastructure, data processing, hosting and other information service activities (NACE 63)Show the evidence

Checked score

Score 2025

51 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 27% of its sector peers (NACE 63, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 57-3

equity 32.0% of total assets

Liquidity 44+9

short-term debt 23.2% · cash 2.0%

Profitability 0=

return on assets -42.2%

Bankruptcy probability, 12 months

2.5% Moderate

0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (183 companies, NACE 63, small)

Last 24 months 11-2024: 0.6%lowest value 12-2024: 0.7%▲ +0.1 percentage points vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 1.3%▲ +0.6 percentage points vs 04-2025 06-2025: 1.4%▲ +0.1 percentage points vs 05-2025 07-2025: 1.4%● unchanged vs 06-2025 08-2025: 1.9%▲ +0.5 percentage points vs 07-2025 09-2025: 2.4%▲ +0.5 percentage points vs 08-2025 10-2025: 4.0%▲ +1.6 percentage points vs 09-2025 11-2025: 2.9%▼ -1.1 percentage points vs 10-2025 12-2025: 2.9%● unchanged vs 11-2025 01-2026: 2.9%● unchanged vs 12-2025 02-2026: 2.9%● unchanged vs 01-2026 03-2026: 2.8%▼ -0.1 percentage points vs 02-2026 04-2026: 2.8%● unchanged vs 03-2026 05-2026: 2.5%▼ -0.3 percentage points vs 04-2026 06-2026: 2.6%▲ +0.1 percentage points vs 05-2026 07-2026: 2.6%● unchanged vs 06-2026 08-2026: 3.7%▲ +1.1 percentage points vs 07-2026 09-2026: 4.6%▲ +0.9 percentage points vs 08-2026highest value 10-2026: 2.5%▼ -2.1 percentage points vs 09-2026

Credit of up to €250,000 on 30-day terms, only on tighter conditions

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity insufficient (current ratio 0.88, compared with 0.51 in 2024, below 1; short-term debt: 23.2% and cash: 2% of total assets), and 68% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 63, small): better than 43% on solvency, 37% on liquidity, 4% on profitability and 26% on growth.

The bankruptcy probability was computed on 29-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises risk

Loss of €6.6m, the second in a row (financial year 2025)

NBB · annual accounts

Last filed accounts filed 77 days late; 2 of the last 3 late

NBB · filings

Sector: Computing infrastructure, data processing, hosting and other information service activities (NACE 63)

KBO

Liquidity: current ratio 0.88, cash €309,794

NBB · annual accounts

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

19202122232425

2019 to 2025 · latest year -€6.6m

2025 accounts filed 77 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-10-2026, 77 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 7 filings

Deviation from the deadline

2025

77 days late

2024

67 days late

2023

2 days early

2022

39 days late

2021

17 days late

2020

26 days late

2019

6 days late

← 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 33 days after the deadline; the sector median (NACE 63) for financial year 2024 is 10 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 September (4 of the last 5 filed years within 38 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

16-10-2026 Annual accounts filedfinancial year 2025 · full…
24-08-2026 Capital & shares · MiscellaneousApproval · Financial instrument ·…
31-12-2025 Weakest financial yearnet -€6.6m

Key points

Risk: 3 loss-making years in a rowloss financial year 2025 -€6.6m View
Caution: Among the weakest 5% on net resultsector median €44,177 · 224 companies -€6.6m View
Positive: Staff rose in 2025different schema filed ▲ 58.9% View
Caution: Latest accounts filed lateafter the legal deadline 77 days View
Heads a groupcompanies controlled 3 View
Merger with NV PERIPASSmerger on 30-10-2023 2023 View
Flemish supportawarded from 2024 to 2025 €85,629 View

By topic

Financials

Financial year: 2025
Total assets: €15.6m
Loss: -€6.6m
Solvency: 32.0%

Total assets▲ 7.1%

Net result

20192025

Go to Financials

Board & ownership

Board: 5 members
Largest shareholder: V.O.P. · 37.55%
Auditor: BV GRANT THORNTON BEDRIJFSREVISOREN-…

GANKDirector
Liévin VAN OVERSTRAETENDirector
WelvaartsfondsDirector
WINGMANDirector
Tim Van OverstraetenDirector

Go to Board & ownership

Network & group

Subsidiaries: 3
Connected companies: 3
Mergers and asset contributions: 1

3 subsidiaries

Go to Network & group

Timeline

Events: 24
Since: 2020
Next accounts: by 31-07-2027

23-12-2025Capital & shares
06-10-2025Annual accounts filed
25-04-2025Registered office · Capital & shares ·…

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Computing infrastructure, data processing, hosting and related activitiesNACE 63100
Founded: 13-12-2018
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 20

Annual meeting: First Saturday of June at 09:00
Purpose: “Consulting, opleiding, onderzoek, ontwikkeling, vervaardiging, de aan-en verkoop (zowel…” (deed in Dutch)

Go to Articles of association

Key facts about PERIPASS

What is the company number of PERIPASS?: 0715.784.576. In Belgium the VAT number is the company number with BE in front: BE 0715.784.576.
Where is PERIPASS based?: The registered office is at Bellevue 3, 9050 Gent.Company details
What does PERIPASS do?: According to the KBO register, the main activity is computing infrastructure, data processing, hosting and related activities (NACE 63100).
What is the legal form of PERIPASS?: Public limited company (NV).
When was PERIPASS founded?: On 13-12-2018.
Is PERIPASS still active?: Yes, PERIPASS is an active enterprise in the KBO register.
How many employees does PERIPASS have?: On average 32.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of PERIPASS?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is PERIPASS profitable?: In financial year 2025, PERIPASS made a loss of €6.6m.
Where can I find the annual accounts of PERIPASS?: PERIPASS filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PERIPASS due?: By 31-07-2027, for financial year 2026.Timeline