PERO
InactivePERO was declared bankrupt on 14-11-2023 (Ondernemingsrechtbank Gent, afdeling Kortrijk); the bankruptcy was closed for insufficient assets by judgment of 25-02-2025, published in the Belgian State Gazette on 04-03-2025.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline26-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 16-08-2023, 16 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
16 d late
2021
29 d late
2020
73 d late
2019
52 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 17 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2022, micro schema
Equity
€92,440▲ 41.8%
2021 · €65,203
Total assets
€358,209▲ 0.1%
2021 · €357,833
Net result
€27,237
2021 · -€1,216
Working capital
-€158,090▼ 5.1%
2021 · -€150,477
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€75,337-€7,510▼ 90.0%€31,082▲ 314%€3,063▼ 90.1%€40,841▲ 1,233%
Net result€41,023-€2,545▼ 93.8%€21,822▲ 758%-€1,216€27,237
Equity€81,023-€44,596▼ 45.0%€66,418▲ 48.9%€65,203▼ 1.8%€92,440▲ 41.8%
Total assets€815,143-€361,286▼ 55.7%€374,944▲ 3.8%€357,833▼ 4.6%€358,209▲ 0.1%
Debt€734,120-€316,690▼ 56.9%€308,526▼ 2.6%€292,631▼ 5.2%€265,769▼ 9.2%
Working capital-€33,726--€26,545▲ 21.3%-€112,924▼ 325%-€150,477▼ 33.3%-€158,090▼ 5.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2022; 2022 is 1,233% above 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €358,209
Fixed assets
€339,856 ▼ 0.4%
Current assets
€18,353 ▲ 10.4%
Equity and liabilities €358,209
Equity
€92,440 ▲ 41.8%
Debt
€265,769 ▼ 9.2%
Debt's share of the balance-sheet total falls from 81.8% to 74.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€41,586▲
2021 · €3,953
Cash flow
€27,983▲
2021 · -€325
Current ratio
0.10▲
2021 · 0.10
Debt to equity
2.88▼
2021 · 4.49
ROE
29.5%▲
2021 · -1.9%
ROA
7.6%▲
2021 · -0.3%
Interest coverage
10.48▲
2021 · 0.95
Debt ≤ 1 year
€176,443▲
2021 · €167,096
Debt > 1 year
€88,909▼
2021 · €125,186
Income taxes
€9,637▲
2021 · €157
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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,282 | €990 | €898 | €890 | €746 | ▼ 16.3% |
| Other operating charges640/8 | - | - | - | €1,767 | €1,139 | ▼ 35.5% |
| Non-recurring operating charges66A | - | - | - | - | €2,646 | - |
| Gross operating margin9900 | €85,839 | €8,607 | €32,957 | €5,720 | €45,372 | ▲ 693% |
| Operating profit (loss)9901 | €75,337 | €7,510 | €31,082 | €3,063 | €40,841 | ▲ 1,233% |
| Financial income75/76B | - | - | - | €19 | - | - |
| Recurring financial income75 | - | €203 | €75 | €19 | - | - |
| Financial charges65/66B | - | - | - | €4,140 | €3,966 | ▼ 4.2% |
| Recurring financial charges65 | €17,044 | €3,946 | €3,787 | €4,140 | €3,966 | ▼ 4.2% |
| Profit (loss) for the period before taxes9903 | €58,293 | €3,767 | €27,370 | -€1,058 | €36,874 | ▲ 3,584% |
| Income taxes67/77 | €17,270 | €1,222 | €5,547 | €157 | €9,637 | ▲ 6,020% |
| Profit (loss) for the period9904 | €41,023 | €2,545 | €21,822 | -€1,216 | €27,237 | ▲ 2,340% |
| Profit (loss) for the period to be appropriated9905 | €41,023 | €2,545 | €21,822 | -€1,216 | €27,237 | ▲ 2,340% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €815,143 | €361,286 | €374,944 | €357,833 | €358,209 | ▲ 0.1% |
| Fixed assets21/28 | €762,909 | €342,266 | €341,368 | €341,214 | €339,856 | ▼ 0.4% |
| Tangible fixed assets22/27 | €5,298 | €5,466 | €4,568 | €4,414 | €3,056 | ▼ 30.8% |
| Land and buildings22 | - | - | - | €3,273 | €2,674 | ▼ 18.3% |
| Furniture and vehicles24 | - | - | - | €696 | - | - |
| Other tangible fixed assets26 | - | - | - | €445 | €382 | ▼ 14.3% |
| Financial fixed assets28 | €757,611 | €336,800 | €336,800 | €336,800 | €336,800 | = |
| Current assets29/58 | €52,234 | €19,020 | €33,576 | €16,619 | €18,353 | ▲ 10.4% |
| Amounts receivable within one year40/41 | €30,415 | €8,626 | €26,096 | €5,488 | - | - |
| Trade receivables40 | - | - | - | €377 | - | - |
| Other amounts receivable41 | - | - | - | €5,111 | - | - |
| Current investments50/53 | - | - | - | - | €18,353 | - |
| Cash at bank and in hand54/58 | €21,134 | €9,645 | €7,481 | €6,440 | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €4,692 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €815,143 | €361,286 | €374,944 | €357,833 | €358,209 | ▲ 0.1% |
| Equity10/15 | €81,023 | €44,596 | €66,418 | €65,203 | €92,440 | ▲ 41.8% |
| Contributions10/11 | €40,000 | €40,000 | - | €40,000 | €40,000 | = |
| Reserves13 | €41,023 | €4,596 | €26,418 | €25,203 | €52,440 | ▲ 108% |
| Non-distributable reserves130/1 | - | - | - | €2,178 | €2,178 | = |
| Reserves not available under the articles1311 | - | - | - | €2,178 | €2,178 | = |
| Distributable reserves133 | - | - | - | €23,024 | €50,261 | ▲ 118% |
| Amounts payable17/49 | €734,120 | €316,690 | €308,526 | €292,631 | €265,769 | ▼ 9.2% |
| Amounts payable after more than one year17 | €645,562 | €270,052 | €161,121 | €125,186 | €88,909 | ▼ 29.0% |
| Financial debts170/4 | - | - | - | €125,186 | €88,909 | ▼ 29.0% |
| Amounts payable within one year42/48 | €85,959 | €45,565 | €146,501 | €167,096 | €176,443 | ▲ 5.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €38,914 | €39,285 | ▲ 1.0% |
| Trade debts44 | €1,983 | €1,168 | €25,886 | €39,065 | €368 | ▼ 99.1% |
| Suppliers440/4 | - | - | - | €39,065 | €368 | ▼ 99.1% |
| Taxes, remuneration and social security45 | - | - | - | €5,773 | €12,661 | ▲ 119% |
| Taxes450/3 | - | - | - | €5,773 | €12,661 | ▲ 119% |
| Other amounts payable47/48 | - | - | - | €83,344 | €124,129 | ▲ 48.9% |
| Accrued charges and deferred income492/3 | - | - | - | €348 | €417 | ▲ 19.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €41,023 | €2,545 | €21,822 | -€1,216 | €27,237 | ▲ 2,340% |
| + Depreciation and write-downs630 | €10,282 | €990 | €898 | €890 | €746 | ▼ 16.3% |
| Operating cash flow (approximation) | €51,306 | €3,534 | €22,721 | -€325 | €27,983 | ▲ 8,698% |
| Investment in fixed assets (approximation) | - | €419,654 | €0 | -€737 | €613 | ▲ 183% |
| Change in cash | - | -€11,489 | -€2,165 | -€1,041 | - | - |
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
2025
04-03
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 25-02-2025
2023
20-11
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 14-11-2023
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
31-12
Financial
Back to profitnet €27,237
Net result €27,237 after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
31-12
Financial
Weakest financial yearnet -€1,216
Net result drops to -€1,216, the lowest in the series.
12-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 73 days late
2020
09-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
SignalFinancial 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | SOFIE DEBUSSCHERE PRES. ROOSEVELTPLEIN 1,
8500 KORTRIJK |
14-11-2023 → 25-02-2025 |