PETER BELIEN
ActiveSummary
PETER BELIEN has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3,254 and a net result of €44,133. Equity is shrinking by ~22.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 10% of 36381 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability96▲+5
Solvency27▲+22
Growth58=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.93 against 0.75 in 2023; short-term debt: 98.4% and cash: 5% of total assets), and 98.4% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 →
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 · 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
1.6%
Return on assets
21.8%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 36381 sector peers (2024).
NBB · sector comparisonPosition among 36381 sector peers
Solvency
better than 10%
← weakest
strongest →
raises risk · 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 27-11-2025, 119 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
119 d late
2023
120 d late
2022
92 d late
2021
113 d late
2020
121 d late
2019
63 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 84 days after 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 (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€3,254
2023 · -€40,879
Total assets
€202,640▼ 3.1%
2023 · €209,054
Net result
€44,133▼ 5.1%
2023 · €46,507
Working capital
-€14,902▲ 76.2%
2023 · -€62,560
Trend over the years
Click a name to add, emphasise or remove a line.Band: 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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€21,555▲ 143%-€25,758-€171,841▼ 567%€59,041€49,697▼ 15.8%
Net result€7,754within the sector's middle half▲ 4,101%-€30,528below the sector's middle half-€230,830below the sector's middle half▼ 656%€46,507above the sector's middle half€44,133above the sector's middle half▼ 5.1%
Equity€173,972above the sector's middle half▲ 4.7%€143,444above the sector's middle half▼ 17.5%-€87,386below the sector's middle half-€40,879below the sector's middle half▲ 53.2%€3,254below the sector's middle half
Total assets€407,878above the sector's middle half▲ 2.5%€368,271above the sector's middle half▼ 9.7%€220,362within the sector's middle half▼ 40.2%€209,054within the sector's middle half▼ 5.1%€202,640within the sector's middle half▼ 3.1%
Debt€233,906▲ 0.9%€224,828▼ 3.9%€307,748▲ 36.9%€249,933▼ 18.8%€199,387▼ 20.2%
Working capital€166,067above the sector's middle half▲ 6.3%€119,145above the sector's middle half▼ 28.3%-€111,463below the sector's middle half-€62,560below the sector's middle half▲ 43.9%-€14,902below the sector's middle half▲ 76.2%
Solvency42.7%within the sector's middle half▲ 0.9pp39.0%within the sector's middle half▼ 3.7pp-39.7%below the sector's middle half▼ 78.6pp-19.6%below the sector's middle half▲ 20.1pp1.6%below the sector's middle half▲ 21.2pp
Current ratio1.71within the sector's middle half▲ 0.031.56within the sector's middle half▼ 0.150.63below the sector's middle half▼ 0.930.75below the sector's middle half▲ 0.120.93below the sector's middle half▲ 0.18
Return on assets (ROA)1.9%within the sector's middle half▲ 1.9pp-8.3%below the sector's middle half▼ 10.2pp-104.8%below the sector's middle half▼ 96.5pp22.2%above the sector's middle half▲ 127.0pp21.8%above the sector's middle half▼ 0.5pp
Staff (FTE)3.2above the sector's middle half=3▼ 6.3%2.3▼ 23.3%
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 abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 16% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €202,640
Fixed assets
€18,155 ▼ 26.5%
Current assets
€184,485 ▲ 0.1%
Equity and liabilities €202,640
Equity
€3,254
Debt
€199,387
Debt finances 98.4% of the balance-sheet total.
Key figures and ratios
EBITDA
€56,245▼
2023 · €65,768
Cash flow
€50,681▼
2023 · €53,234
Quick ratio
0.70▲
2023 · 0.56
Debt to equity
61.28▲
2023 · -6.11
Interest coverage
10.37▲
2023 · 5.35
Debt ≤ 1 year
€199,387▼
2023 · €246,910
Income taxes
€236▼
2023 · €243
Staff costs
€277▼
2023 · €6,288
A ratio outside any meaningful range has been withheld (balance sheet total €202,640, equity €3,254).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 931 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.9%
went bankrupt
4.6%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 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% | 1.9% |
| 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 931 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €149,552 | €123,093 | €6,288 | €277 | ▼ 95.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,904 | €3,804 | €6,988 | €6,727 | €6,548 | ▼ 2.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €134,162 | - | - | - |
| Other operating charges640/8 | - | €1,426 | €78,596 | €109 | €163 | ▲ 49.3% |
| Gross operating margin9900 | €175,610 | €129,024 | €170,998 | €72,164 | €56,684 | ▼ 21.5% |
| Operating profit (loss)9901 | €21,555 | -€25,758 | -€171,841 | €59,041 | €49,697 | ▼ 15.8% |
| Financial income75/76B | - | €162 | €97 | €0 | €97 | ▲ 483,000% |
| Recurring financial income75 | €299 | €162 | €97 | €0 | €97 | ▲ 483,000% |
| Financial charges65/66B | - | €4,695 | €58,870 | €12,291 | €5,424 | ▼ 55.9% |
| Recurring financial charges65 | €11,185 | €4,695 | €58,870 | €12,291 | €5,424 | ▼ 55.9% |
| Profit (loss) for the period before taxes9903 | €10,668 | -€30,291 | -€230,615 | €46,750 | €44,369 | ▼ 5.1% |
| Income taxes67/77 | €2,914 | €237 | €215 | €243 | €236 | ▼ 2.8% |
| Profit (loss) for the period9904 | €7,754 | -€30,528 | -€230,830 | €46,507 | €44,133 | ▼ 5.1% |
| Profit (loss) for the period to be appropriated9905 | €7,754 | -€30,528 | -€230,830 | €46,507 | €44,133 | ▼ 5.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €407,878 | €368,271 | €220,362 | €209,054 | €202,640 | ▼ 3.1% |
| Fixed assets21/28 | €7,904 | €35,385 | €31,431 | €24,703 | €18,155 | ▼ 26.5% |
| Tangible fixed assets22/27 | €3,704 | €31,185 | €22,731 | €16,003 | €9,455 | ▼ 40.9% |
| Plant, machinery and equipment23 | - | €2,086 | €179 | - | - | - |
| Furniture and vehicles24 | - | €29,100 | €22,552 | €16,003 | €9,455 | ▼ 40.9% |
| Financial fixed assets28 | €4,200 | €4,200 | €8,700 | €8,700 | €8,700 | = |
| Current assets29/58 | €399,974 | €332,886 | €188,931 | €184,351 | €184,485 | ▲ 0.1% |
| Stocks and contracts in progress3 | €124,380 | €85,460 | €56,500 | €45,650 | €44,930 | ▼ 1.6% |
| Stocks30/36 | - | €80,359 | €56,500 | €45,650 | €44,930 | ▼ 1.6% |
| Contracts in progress37 | - | €5,101 | - | - | - | - |
| Amounts receivable within one year40/41 | €204,125 | €235,338 | €113,044 | €111,588 | €128,565 | ▲ 15.2% |
| Trade receivables40 | - | €230,534 | €105,541 | €111,588 | €121,793 | ▲ 9.1% |
| Other amounts receivable41 | - | €4,804 | €7,503 | - | €6,773 | - |
| Cash at bank and in hand54/58 | €22,094 | €11,026 | €18,059 | €10,234 | €10,118 | ▼ 1.1% |
| Deferred charges and accrued income490/1 | - | €1,062 | €1,329 | €16,878 | €872 | ▼ 94.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €407,878 | €368,271 | €220,362 | €209,054 | €202,640 | ▼ 3.1% |
| Equity10/15 | €173,972 | €143,444 | -€87,386 | -€40,879 | €3,254 | ▲ 108% |
| Contributions10/11 | - | €137,900 | €137,900 | €137,900 | €137,900 | = |
| Reserves13 | €36,072 | €36,072 | €36,072 | €36,072 | €36,072 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €34,212 | €34,212 | €34,212 | €34,212 | = |
| Profit (loss) carried forward14 | -€3,837 | -€30,528 | -€261,358 | -€214,851 | -€170,718 | ▲ 20.5% |
| Amounts payable17/49 | €233,906 | €224,828 | €307,748 | €249,933 | €199,387 | ▼ 20.2% |
| Amounts payable after more than one year17 | - | €10,538 | €6,255 | €1,863 | - | - |
| Financial debts170/4 | - | €10,538 | €6,255 | €1,863 | - | - |
| Amounts payable within one year42/48 | €233,906 | €213,741 | €300,394 | €246,910 | €199,387 | ▼ 19.2% |
| Current portion of amounts payable after more than one year42 | - | €79,176 | €81,040 | €64,392 | €61,863 | ▼ 3.9% |
| Trade debts44 | €90,756 | €108,897 | €90,996 | €76,385 | €49,418 | ▼ 35.3% |
| Suppliers440/4 | - | €108,897 | €90,996 | €76,385 | €49,418 | ▼ 35.3% |
| Taxes, remuneration and social security45 | - | €25,263 | €115,306 | €4,203 | €3,412 | ▼ 18.8% |
| Taxes450/3 | - | €7,035 | €114,950 | €1,663 | €3,412 | ▲ 105% |
| Remuneration and social security454/9 | - | €18,228 | €356 | €2,540 | - | - |
| Other amounts payable47/48 | - | €405 | €13,052 | €101,930 | €84,693 | ▼ 16.9% |
| Accrued charges and deferred income492/3 | - | €549 | €1,098 | €1,160 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,754 | -€30,528 | -€230,830 | €46,507 | €44,133 | ▼ 5.1% |
| + Depreciation and write-downs630 | €7,904 | €3,804 | €6,988 | €6,727 | €6,548 | ▼ 2.7% |
| Operating cash flow (approximation) | €15,659 | -€26,724 | -€223,842 | €53,234 | €50,681 | ▼ 4.8% |
| Investment in fixed assets (approximation) | - | -€31,285 | -€3,033 | €0 | €0 | - |
| Change in cash | - | -€11,068 | €7,033 | -€7,825 | -€116 | ▲ 98.5% |
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
27-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 119 days late
2024
28-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 120 days late
2023
31-12
Financial
Back to profitnet €46,507
Net result €46,507 after 2 loss-making years.
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2022
31-12
Financial
Weakest financial yearnet -€230,830
Net result drops to -€230,830, the lowest in the series; recovery starts the following year.
21-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 113 days late
2021
29-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 121 days late
2020
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
02-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
28-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated 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, Brecht · 1 establishment unit since 2002
Ground area
377 m²
Building footprint
121 m²
Volume, LiDAR
822 m³
Parcel 11333D0803/00X000, Flanders · tallest building 14.7 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
PETER BELIEN BVBA
since 20022.115.348.086
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11333D0803/00X000 | Flanders | 377 m² | 1 · 120 m² | 14.7 m · 2 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.
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Of 20,026 companies in sector 43320 we hold annual accounts for 9,139. 2,249 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 (pre-2019)
Founded26-08-2002
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0478211186
Also
9925:BE0478211186
Registered
15-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.