PERSIST

Active

Private limited companyfounded 20196 yrs activede Guiseplein 2, 1150 Sint-Pieters-Woluwe, BelgiumKBO/BCE: BE 0735.744.703

Summary

The computed 12-month bankruptcy probability of PERSIST is 6.0% (elevated). The annual accounts of PERSIST for fiscal year 2024 show a net loss of 58% of total assets. The 2024 annual accounts show equity of €45,712 and a net result of -€28,489. Equity remains stable across the filed fiscal years (±0.4% per year). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysis Watch Report Compare

PERSISTActiveChecked score 47/100

Risk analysis Report Compare

Checked score

Score 2024

47 / 100

Fair

Every signal that weighs is under Signals.

Axes · tick = 2022

Profitability0▼-71

Solvency100=

Growth22▼-13

Track record100

Bankruptcy probability, 12 months

6.0% Elevated

0%0.5%1.5%4%10%≥ 25%

Credit up to €2,000 at 30 days only on tighter terms

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

Liquidity ample (current ratio 15.57 against 9.81 in 2022; short-term debt: 6.4% and cash: 11.2% of total assets), and 6.4% of the assets are financed with debt.

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Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk

No NACE activity registered

No NACE activity is registered in the KBO, which is more common among companies that later fail.

KBO · activities

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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 2024

Solvency, return and age of the figures

Solvency

93.6%

Return on assets

-58.3%

Age of the figures

21 mo

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-12-2025, 152 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 4 filings

Deviation from the deadline

2025

not confirmed

2024

152 d late

2022

152 d late

2021

31 d late

2020

31 d late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 4 accounts on average 92 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)

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

History

On 7 October 2019, PERSIST was incorporated as a Private limited company.¹ Revenue went from EUR 200,978 in 2020 to EUR 136,603 in 2022.²

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Turnover

€136,603▼ 24.1%

2021 · €179,932

EBIT margin

9.0%▼ 5.3pp

2021 · 14.3%

Net result

-€28,489

2022 · €8,881

Working capital

€45,712▼ 57.3%

2022 · €107,003

Trend over the years

Chart Table

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before

favourable unfavourable

Line2020202120222024

Turnover€200,978-€179,932▼ 10.5%€136,603▼ 24.1%

Operating result€95,286-€25,662▼ 73.1%€12,280▼ 52.1%-€30,516-

Net result€75,565-€19,994▼ 73.5%€8,881▼ 55.6%-€28,489-

EBIT margin47.4%-14.3%▼ 33.1pp9.0%▼ 5.3pp

Equity€78,565-€98,559▲ 25.4%€107,440▲ 9.0%€45,712-

Total assets€103,882-€144,970▲ 39.6%€119,585▼ 17.5%€48,850-

Debt€25,317-€46,411▲ 83.3%€12,145▼ 73.8%€3,138-

Working capital€78,565-€97,805▲ 24.5%€107,003▲ 9.4%€45,712-

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result is -€30,516 in 2024, compared with €12,280 in 2022. Comparable figures for the intervening years are unavailable.

Balance-sheet composition

2024 in colour, 2022 as the grey bar beneath

Equity and liabilities €48,850

93.6%

Equity €45,712 ▼ 57.5%

Debt €3,138 ▼ 74.2%

Debt's share of the balance-sheet total falls from 10.2% to 6.4%. Equity and debt are lower.

Key figures and ratios

2024 value · change against 2022

EBITDA

-€30,395▼

2022 · €12,597

Cash flow

-€28,368▼

2022 · €9,197

Current ratio

15.57▲

2022 · 9.81

Debt to equity

0.07▼

2022 · 0.11

ROE

-62.3%▼

2022 · 8.3%

ROA

-58.3%▼

2022 · 7.4%

Interest coverage

-302.86▼

2022 · 75.36

Debt ≤ 1 year

€3,138▼

2022 · €12,145

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,597 companies that looked in July 2024 the way this one looks now, 2.8% went bankrupt within 24 months and 87% are still going.

Micro
5 to 10 years old
solvency 30% or more
a loss of 10% of the balance sheet or more

2.8% went bankrupt

9.2% stopped otherwise

87% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 6.0% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group	Expected	Actual
1	0.2%	0.2%
2	0.3%	0.4%
3	0.5%	0.5%
4	0.6%	0.7%
5	0.8%	0.9%
6	1.2%	1.3%
7	1.5%	1.7%
8	1.7%	1.7%
9	2.7%	2.8%
10	5.3%	5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 3,597 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

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2024 against 2022 · 39 lines

Balance sheet Code20222024

Assets

Total assets20/58€119,585€48,850▼

Fixed assets21/28€437-

Tangible fixed assets22/27€437-

Furniture and vehicles24€437-

Current assets29/58€119,148€48,850▼

Amounts receivable within one year40/41€21,403€43,359▲

Trade receivables40€2,468€2,159▼

Other amounts receivable41€18,935€41,201▲

Cash at bank and in hand54/58€97,707€5,490▼

Deferred charges and accrued income490/1€38-

Equity and liabilities

Total equity and liabilities10/49€119,585€48,850▼

Equity10/15€107,440€45,712▼

Contributions10/11€3,000€3,000=

Reserves13€8,500€8,500=

Distributable reserves133€8,500€8,500=

Profit (loss) carried forward14€95,940€34,212▼

Amounts payable17/49€12,145€3,138▼

Amounts payable within one year42/48€12,145€3,138▼

Trade debts44€555€244▼

Suppliers440/4€555€244▼

Taxes, remuneration and social security45€11,590€2,894▼

Taxes450/3€11,590€2,894▼

Income statement Code20222024

Turnover70€136,603-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€317€121▼

Other operating charges640/8€448-

Gross operating margin9900€13,044-€30,395▼

Operating profit (loss)9901€12,280-€30,516▼

Financial income75/76B€808€2,127▲

Recurring financial income75€808€2,127▲

Financial charges65/66B€167€100▼

Recurring financial charges65€167€100▼

Profit (loss) for the period before taxes9903€12,921-€28,489▼

Income taxes67/77€4,040-

Profit (loss) for the period9904€8,881-€28,489▼

Profit (loss) for the period to be appropriated9905€8,881-€28,489▼

Appropriation of the result

Profit (loss) to be appropriated9906€104,440€34,212▼

Profit (loss) brought forward from the previous period14P€95,559€62,701▼

Transfer to equity691/2€8,500-

To other reserves6921€8,500-

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2020	2021	2022	2024	Change
Turnover70	€200,978	€179,932	€136,603	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	-	€196	€317	€121	-
Other operating charges640/8	-	€348	€448	-	-
Gross operating margin9900	€96,031	€26,206	€13,044	-€30,395	-
Operating profit (loss)9901	€95,286	€25,662	€12,280	-€30,516	-
Financial income75/76B	-	€291	€808	€2,127	-
Recurring financial income75	€626	€291	€808	€2,127	-
Financial charges65/66B	-	€47	€167	€100	-
Recurring financial charges65	€71	€47	€167	€100	-
Profit (loss) for the period before taxes9903	€95,841	€25,906	€12,921	-€28,489	-
Income taxes67/77	€20,276	€5,912	€4,040	-	-
Profit (loss) for the period9904	€75,565	€19,994	€8,881	-€28,489	-
Profit (loss) for the period to be appropriated9905	€75,565	€19,994	€8,881	-€28,489	-

Line	2020	2021	2022	2024	Change
Assets
Total assets20/58	€103,882	€144,970	€119,585	€48,850	-
Fixed assets21/28	-	€754	€437	-	-
Tangible fixed assets22/27	-	€754	€437	-	-
Furniture and vehicles24	-	€754	€437	-	-
Current assets29/58	€103,882	€144,216	€119,148	€48,850	-
Amounts receivable within one year40/41	€34,467	€47,563	€21,403	€43,359	-
Trade receivables40	-	€43,071	€2,468	€2,159	-
Other amounts receivable41	-	€4,492	€18,935	€41,201	-
Cash at bank and in hand54/58	€69,414	€96,653	€97,707	€5,490	-
Deferred charges and accrued income490/1	-	-	€38	-	-
Equity and liabilities
Total equity and liabilities10/49	€103,882	€144,970	€119,585	€48,850	-
Equity10/15	€78,565	€98,559	€107,440	€45,712	-
Contributions10/11	-	€3,000	€3,000	€3,000	-
Reserves13	-	-	€8,500	€8,500	-
Distributable reserves133	-	-	€8,500	€8,500	-
Profit (loss) carried forward14	€75,565	€95,559	€95,940	€34,212	-
Amounts payable17/49	€25,317	€46,411	€12,145	€3,138	-
Amounts payable within one year42/48	€25,317	€46,411	€12,145	€3,138	-
Financial debts43	-	€103	-	-	-
Credit institutions430/8	-	€103	-	-	-
Trade debts44	€2,813	€306	€555	€244	-
Suppliers440/4	-	€306	€555	€244	-
Taxes, remuneration and social security45	-	€46,003	€11,590	€2,894	-
Taxes450/3	-	€46,003	€11,590	€2,894	-

Line	2020	2021	2022	2024	Change
Profit (loss) for the period9904	€75,565	€19,994	€8,881	-€28,489	-
+ Depreciation and write-downs630	-	€196	€317	€121	-
Operating cash flow (approximation)	€75,565	€20,190	€9,197	-€28,368	-
Investment in fixed assets (approximation)	-	-	€0	-	-
Change in cash	-	€27,239	€1,054	-	-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

All 7Financial 3Filings 4

2025

30-12

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 152 days late

2024

31-12

Financial Weakest financial yearnet -€28,489

Net result drops to -€28,489, the lowest in the series.

2023

30-12

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 152 days late

2022

31-12

Financial Liquidity triplescurrent ratio 9.81

Current ratio from 3.11 to 9.81; short-term debt falls from €46,411 to €12,145.

31-12

Financial Equity above €100,000Eq €107,440 ▲9%

3 profitable years in a row build equity to €107,440.

31-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 31 days late

2021

31-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 31 days late

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, Sint-Pieters-Woluwe · 1 establishment unit since 2019

seat establishment The establishment unit on the map

Ground area

327 m²

Building footprint

97 m²

Volume, LiDAR

1,076 m³

Parcel 21682C0174/00M038, Brussels · tallest building 13.5 m, ±4 floors. Linked by address, not a title deed.

2 companies at this address See who is registered here

1 establishment unit

PERSIST

de Guiseplein 2, 1150 Sint-Pieters-WoluweComputer programming, consultancy and related activities

since 20192.331.103.406

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21682C0174/00M038	Brussels	327 m²	1 · 97 m²	13.5 m · 4 fl.

Linked by address, not proof of ownership

Good to know

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Identification & contact

Identification

Legal formPrivate limited company

Founded07-10-2019

Fiscal year end31-12

E-invoicing

Reachable via Peppol

Peppol ID 0208:0735744703

Also 9925:BE0735744703

Registered 19-03-2026

Scores and ratios are computed by Checked and are not a credit decision.