PERSY
ActiveSummary
PERSY has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €178,193 and a net result of -€57,213. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 3221 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability21▲+12
Solvency33▼-5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.08 against 0.2 in 2024; short-term debt: 76.1% and cash: 0.4% of total assets), and 92.1% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€57,213
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 3221 sector peers (2025).
NBB · sector comparisonPosition among 3221 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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 · 10 filingsDeviation from the deadline
2025
20 d late
2024
46 d late
2023
29 d late
2022
27 d late
2021
27 d late
2020
25 d late
2019
80 d 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 36 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€57,213▲ 59.2%
2024 · -€140,293
Working capital
-€1.6m▼ 70.3%
2024 · -€927,673
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
Line20212022202320242025
Operating result€980▼ 89.8%€10,487▲ 970%€19,849▲ 89.3%-€150,827-€42,710▲ 71.7%
Net result-€1,531€8,537€17,492▲ 105%-€140,293-€57,213▲ 59.2%
Equity-€10,918▼ 16.3%-€2,382▲ 78.2%€15,110€235,406▲ 1,458%€178,193▼ 24.3%
Total assets€376,337▲ 0.8%€358,519▼ 4.7%€344,852▼ 3.8%€1.8m▲ 417%€2.3m▲ 27.0%
Debt€271,922▲ 1.7%€245,568▼ 9.7%€214,409▼ 12.7%€1.5m▲ 621%€2.1m▲ 34.8%
Working capital€269,815▼ 7.1%€258,858▼ 4.1%€266,365▲ 2.9%-€927,673-€1.6m▼ 70.3%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €42,710 in 2025 against €150,827 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.3m
Fixed assets
€2.1m ▲ 36.7%
Current assets
€141,683 ▼ 38.2%
Equity and liabilities €2.3m
Equity
€178,193 ▼ 24.3%
Debt
€2.1m ▲ 34.8%
Debt's share of the balance-sheet total rises from 86.8% to 92.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€9,036▲
2024 · -€99,081
Cash flow
-€5,467▲
2024 · -€88,546
Current ratio
0.08▼
2024 · 0.20
Debt to equity
11.70▲
2024 · 6.57
ROE
-32.1%▲
2024 · -59.6%
ROA
-2.5%▲
2024 · -7.9%
Interest coverage
0.62▲
2024 · -11.55
Debt ≤ 1 year
€1.7m▲
2024 · €1.2m
Debt > 1 year
€360,276▼
2024 · €384,936
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,102 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency under 10%
- a small loss
1.5%
went bankrupt
3.5%
stopped otherwise
94%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.6% |
| 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 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 1,102 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €7,424 | - | - | €150,671 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €74 | €74 | €6 | €51,747 | €51,747 | = |
| Other operating charges640/8 | - | - | €265 | €25,866 | - | - |
| Non-recurring operating charges66A | - | - | - | €315,884 | - | - |
| Gross operating margin9900 | €1,054 | €10,561 | €20,120 | €242,669 | €9,036 | ▼ 96.3% |
| Operating profit (loss)9901 | €980 | €10,487 | €19,849 | -€150,827 | -€42,710 | ▲ 71.7% |
| Financial income75/76B | - | €0 | €0 | €3,750 | - | - |
| Recurring financial income75 | - | €0 | €0 | €3,750 | - | - |
| Financial charges65/66B | €2,512 | €1,951 | €909 | €8,580 | €14,503 | ▲ 69.0% |
| Recurring financial charges65 | €2,512 | €1,951 | €909 | €8,580 | €14,503 | ▲ 69.0% |
| Profit (loss) for the period before taxes9903 | -€1,531 | €8,537 | €18,940 | -€155,657 | -€57,213 | ▲ 63.2% |
| Transfer from deferred taxes780 | - | - | - | €69,717 | - | - |
| Income taxes67/77 | - | - | €1,448 | €54,353 | - | - |
| Profit (loss) for the period9904 | -€1,531 | €8,537 | €17,492 | -€140,293 | -€57,213 | ▲ 59.2% |
| Transfer from tax-exempt reserves789 | - | - | - | €135,394 | - | - |
| Profit (loss) for the period to be appropriated9905 | -€1,531 | €8,537 | €17,492 | -€4,899 | -€57,213 | ▼ 1,068% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €376,337 | €358,519 | €344,852 | €1.8m | €2.3m | ▲ 27.0% |
| Fixed assets21/28 | €252 | €178 | €172 | €1.6m | €2.1m | ▲ 36.7% |
| Tangible fixed assets22/27 | €80 | €6 | - | €1.6m | €2.1m | ▲ 36.7% |
| Land and buildings22 | - | - | - | €473,140 | €447,442 | ▼ 5.4% |
| Plant, machinery and equipment23 | €80 | €6 | - | €2,888 | €2,888 | = |
| Furniture and vehicles24 | - | - | - | €29,827 | €29,152 | ▼ 2.3% |
| Assets under construction and advance payments27 | - | - | - | €1.0m | €1.6m | ▲ 56.9% |
| Financial fixed assets28 | €172 | €172 | €172 | €344 | €344 | = |
| Current assets29/58 | €376,084 | €358,340 | €344,679 | €229,264 | €141,683 | ▼ 38.2% |
| Amounts receivable after more than one year29 | - | - | - | €32,543 | €31,693 | ▼ 2.6% |
| Other amounts receivable291 | - | - | - | €32,543 | €31,693 | ▼ 2.6% |
| Amounts receivable within one year40/41 | €365,648 | €353,888 | €333,948 | €190,507 | €99,322 | ▼ 47.9% |
| Trade receivables40 | €365,543 | €353,121 | €273,669 | €183,393 | €92,208 | ▼ 49.7% |
| Other amounts receivable41 | €105 | €767 | €60,279 | €7,114 | €7,114 | = |
| Cash at bank and in hand54/58 | €10,247 | €4,206 | €10,078 | €5,441 | €9,889 | ▲ 81.7% |
| Deferred charges and accrued income490/1 | €188 | €246 | €654 | €773 | €779 | ▲ 0.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €376,337 | €358,519 | €344,852 | €1.8m | €2.3m | ▲ 27.0% |
| Equity10/15 | -€10,918 | -€2,382 | €15,110 | €235,406 | €178,193 | ▼ 24.3% |
| Contributions10/11 | €61,973 | €61,973 | €61,973 | €236,986 | €236,986 | = |
| Capital10 | - | - | - | €236,986 | €236,986 | = |
| Issued capital100 | - | - | - | €236,986 | €236,986 | = |
| Profit (loss) carried forward14 | -€72,892 | -€64,355 | -€46,864 | -€1,580 | -€58,793 | ▼ 3,622% |
| Provisions and deferred taxes16 | €115,333 | €115,333 | €115,333 | - | - | - |
| Provisions for liabilities and charges160/5 | €115,333 | €115,333 | €115,333 | - | - | - |
| Major repairs and maintenance162 | €15,000 | €15,000 | €15,000 | - | - | - |
| Environmental obligations163 | €100,333 | €100,333 | €100,333 | - | - | - |
| Amounts payable17/49 | €271,922 | €245,568 | €214,409 | €1.5m | €2.1m | ▲ 34.8% |
| Amounts payable after more than one year17 | €165,653 | €146,086 | €136,094 | €384,936 | €360,276 | ▼ 6.4% |
| Financial debts170/4 | €165,653 | €146,086 | €136,094 | €384,936 | €360,276 | ▼ 6.4% |
| Amounts payable within one year42/48 | €106,269 | €99,482 | €78,315 | €1.2m | €1.7m | ▲ 48.8% |
| Current portion of amounts payable after more than one year42 | €19,025 | €19,567 | €9,991 | €23,772 | €24,659 | ▲ 3.7% |
| Trade debts44 | €41,623 | €45,913 | €48,412 | €112,550 | €214,089 | ▲ 90.2% |
| Suppliers440/4 | €41,623 | €45,913 | €48,412 | €112,550 | €214,089 | ▲ 90.2% |
| Advances received on contracts in progress46 | €17,920 | €4,288 | €3,099 | €1,038 | €802 | ▼ 22.7% |
| Taxes, remuneration and social security45 | €385 | €1,705 | €2,222 | €42,806 | €68,624 | ▲ 60.3% |
| Taxes450/3 | €385 | €1,705 | €2,222 | €42,806 | €68,624 | ▲ 60.3% |
| Other amounts payable47/48 | €27,317 | €28,009 | €14,590 | €976,771 | €1.4m | ▲ 44.7% |
| Accrued charges and deferred income492/3 | - | - | - | €4,160 | €3,184 | ▼ 23.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,531 | €8,537 | €17,492 | -€140,293 | -€57,213 | ▲ 59.2% |
| + Depreciation and write-downs630 | €74 | €74 | €6 | €51,747 | €51,747 | = |
| Operating cash flow (approximation) | -€1,457 | €8,611 | €17,498 | -€88,546 | -€5,467 | ▲ 93.8% |
| Investment in fixed assets (approximation) | - | -€0 | €0 | -€1.6m | -€620,852 | ▲ 61.3% |
| Change in cash | - | -€6,041 | €5,871 | -€4,636 | €4,447 | ▲ 196% |
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
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 20 days late
2025
15-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 46 days late
2024
31-12
Financial
Weakest financial yearnet -€140,293
Net result drops to -€140,293, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €200,000Eq €235,406 ▲1,458%
Equity rises from €15,110 to €235,406.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-12
Financial
Highest result since 2018net €17,492 ▲105%
Operating result €19,849, net result €17,492, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 27 days late
2022
31-12
Financial
Back to profitnet €8,537
Net result €8,537 after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 27 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 25 days late
2020
31-12
Financial
Back to profitnet €6,836
Net result €6,836 after one loss-making year.
19-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 80 days late
Show earlier events
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
12 acts for this company are 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, Aarschot · 1 establishment unit since 1997
Ground area
3,645 m²
Building footprint
167 m²
Volume, LiDAR
405 m³
2 parcels, Flanders · tallest building 13.9 m. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
PERSY NV
since 19972.082.796.866
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24652D0262/00G000 | Flanders | 2,703 m² | - | - |
| 24652D0262/00F000 | Flanders | 942 m² | 1 · 167 m² | 13.9 m |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DE VETPOT
BE 0702.803.602
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DINVAM
BE 0433.412.925
Antwerpen · Eq €178,216
N.W. MANAGEMENT
BE 0473.726.818
Brugge · Eq €178,153
BELGAMEX SERVICES
BE 0465.601.285
Berlaar · Eq €178,233
Regis
BE 0818.224.494
Nazareth · Eq €178,145
Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 40,625 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded04-07-1997
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
47512Retail sale of household textiles and bedding
47551Retail sale of household furniture
68201Renting and operating of own or leased residential real estate, excluding social housing
70100Activities of head offices
E-invoicing
Reachable via Peppol
Peppol ID
0208:0461053965
Also
9925:BE0461053965
Registered
07-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.