PETER KUGEL
ActiveSummary
PETER KUGEL has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €906k and a net result of €289k. Equity is growing by ~54.4% per year across the filed fiscal years. Its solvency ranks better than 89% of 3291 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
98
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+28
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 9.13 against 5.35 in 2024; short-term debt: 10.8% and cash: 49.7% of total assets), and 11.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
88.7%
Return on assets
28.3%
Age of the figures
15 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-12-2025, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 d early
2024
50 d early
2023
13 d early
2022
41 d early
2021
14 d early
2020
26 d early
2019
6 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€906k▲ 46.8%
2024 · €617k
2019: €20k
2020: €168k
2021: €168k
2022: €231k
2023: €514k
2024: €617k
2019 → 2025
Total assets
€1.02M▲ 36.5%
2024 · €748k
2019: €831k
2020: €777k
2021: €1.09M
2022: €862k
2023: €682k
2024: €748k
2019 → 2025
Net result
€289k▲ 179%
2024 · €103k
2019: €124k
2020: €147k
2021: €422k
2022: €314k
2023: €283k
2024: €103k
2019 → 2025
Working capital
€895k▲ 57.6%
2024 · €568k
2019: €-117k
2020: €22k
2021: €14k
2022: €119k
2023: €427k
2024: €568k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€168k-€231k▲ 37.9%€514k▲ 122%€617k▲ 20.1%€906k▲ 46.8%
Operating result€561k-€423k▼ 24.6%€410k▼ 3.0%€146k▼ 64.3%€419k▲ 186%
Net result€422k-€314k▼ 25.7%€283k▼ 9.8%€103k▼ 63.4%€289k▲ 179%
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 2025; 2025 is 186% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.02M
Fixed assets
€16k ▼ 67.2%
Current assets
€1.00M ▲ 43.9%
Equity and liabilities €1.02M
Equity
€906k ▲ 46.8%
Debt
€115k ▼ 12.0%
Debt's share of the balance-sheet total falls from 17.5% to 11.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€454k▲
2024 · €191k
Cash flow
€324k▲
2024 · €148k
Current ratio
9.13▲
2024 · 5.35
Debt to equity
0.13▼
2024 · 0.21
ROE
31.9%▲
2024 · 16.8%
ROA
28.3%▲
2024 · 13.8%
Interest coverage
84.48▲
2024 · -210.75
Debt ≤ 1 year
€110k▼
2024 · €131k
Income taxes
€131k▲
2024 · €44k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€748k€1.02M▲
Fixed assets21/28€50k€16k▼
Intangible fixed assets21€30k€0▼
Tangible fixed assets22/27€19k€16k▼
Plant, machinery and equipment23€1k€244▼
Furniture and vehicles24€18k€16k▼
Current assets29/58€698k€1.00M▲
Amounts receivable within one year40/41€294k€481k▲
Trade receivables40€183k€478k▲
Other amounts receivable41€110k€3k▼
Cash at bank and in hand54/58€392k€507k▲
Deferred charges and accrued income490/1€13k€16k▲
Equity and liabilities
Total equity and liabilities10/49€748k€1.02M▲
Equity10/15€617k€906k▲
Contributions10/11€19k€19k=
Reserves13€599k€887k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€599k€887k▲
Amounts payable17/49€131k€115k▼
Amounts payable within one year42/48€131k€110k▼
Trade debts44€2k€35k▲
Suppliers440/4€2k€35k▲
Taxes, remuneration and social security45€4k€57k▲
Taxes450/3€0€54k▲
Remuneration and social security454/9€4k€3k▼
Other amounts payable47/48€124k€18k▼
Accrued charges and deferred income492/3€0€5k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€35k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€192k€455k▲
Operating profit (loss)9901€146k€419k▲
Financial income75/76B€0€6k▲
Recurring financial income75€0€6k▲
Financial charges65/66B€-904€5k▲
Recurring financial charges65€-904€5k▲
Profit (loss) for the period before taxes9903€147k€419k▲
Income taxes67/77€44k€131k▲
Profit (loss) for the period9904€103k€289k▲
Profit (loss) for the period to be appropriated9905€103k€289k▲
Appropriation of the result
Profit (loss) to be appropriated9906€103k€289k▲
Transfer to equity691/2€103k€289k▲
To other reserves6921€103k€289k▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
16-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
12-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-06
Financial
Weakest financial yearnet €103k ▼63.4%
Net result drops to €103k, the lowest in the series; recovery starts the following year.
18-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Liquidity triplescurrent ratio 3.53
Current ratio from 1.19 to 3.53; short-term debt falls from €625k to €169k.
30-06
Financial
Equity above €500kEq €514k ▲122%
5 profitable years in a row build equity to €514k.
2022
21-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Equity above €200kEq €231k ▲37.9%
4 profitable years in a row build equity to €231k.
17-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Highest result since 2019net €422k ▲187%
Operating result €561k, net result €422k, both a record.
05-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Equity above €150kEq €168k ▲719%
2 profitable years in a row build equity to €168k.
Show earlier events
06-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 6 days late
2018
07-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
25-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-01
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 3 acts read
About the unread acts
We know of 3 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
3 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, Brussel · 1 establishment unit since 2015
Ground area
412 m²
Building footprint
325 m²
Volume, LiDAR
4,642 m³
Parcel 21803C0366/00H000, Brussels · tallest building 17.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Peter Kugel
since 20152.241.510.246
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21803C0366/00H000 | Brussels | 412 m² | 1 · 325 m² | 17.4 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 22,058 companies in sector 69101 we hold annual accounts for 9,052. 4,520 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-03-2015
Fiscal year end30-06
Activities, NACEBEL 2025
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.