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PETER MOREELS

Active
Private limited company (pre-2019)founded 2010active for 16 yearsStationsstraat(Kor) 15, 8500 Kortrijk, BelgiumKBO/BCE: BE 0822.929.192

From the official registers: KBO 16 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of PETER MOREELS is 2.5% (moderate). The 2025 annual accounts show equity of €21,848 and a net result of -€7,223. Equity is shrinking by about 2.6% per year across the filed financial years. Its solvency ranks better than 29% of 34,855 sector peers (NACE 43, financial year 2025). The company has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
PETER MOREELSActiveChecked score 50/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 04-02-2010 Normal situation
Legal form
Private limited company (pre-2019)
Registered office
Stationsstraat(Kor) 15, 8500 Kortrijk
Activity
General electrical installation work NACE 43211and 1 other
Establishment unit
2.185.093.561 8500 Kortrijk, since 04-02-2010
Financial year end
31 December
Peppol
Reachable since 22-10-2024
Company details

Who decides

Board
  • Moreels PeterDirector · since 04-02-2010
Board & ownership

How it is doing

50 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.5%
Annual accounts 2025
Gross margin
-€404
▲ 94.9%
Loss
€7,223
▼ 39.4%
Equity
€21,848
▼ 24.8%
Total assets
€79,260
▲ 89.0%
Staff
≈ 0 FTE
estimated
Turnover not published (micro format)2025 accounts on time
Filed on 31-07-2026at the National Bank
Financials
Why 50raises risk1 change of registered office in 24 monthsLoss of €7,223, the second in a row (financial year 2025)Liquidity: current ratio 1.36, cash €32, halvedSector: Specialised construction activities (NACE 43)Show the evidence

Checked score

Score 2025
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 17% of its sector peers (NACE 43, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 53-41
equity 27.6% of total assets
Liquidity 20-57
short-term debt 57.6% · cash 0.0%
Profitability 7+7
return on assets -9.1%
Bankruptcy probability, 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.2 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.8%▲ +0.5 percentage points vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.9%▲ +0.1 percentage points vs 06-2026 08-2026: 2.5%▲ +1.6 percentage points vs 07-2026highest value 09-2026: 2.5%● unchanged vs 08-2026highest value 10-2026: 2.5%● unchanged vs 09-2026highest value
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.36, compared with 3.27 in 2024, below the usual 1.5; short-term debt: 57.6% and cash: 0% of total assets), and 72.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 29% on solvency, 11% on liquidity, 11% on profitability and 16% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
raises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Loss of €7,223, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.36, cash €32, halved
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
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 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€7,223
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
31 days early
2023
61 days early
2022
59 days early
2021
59 days early
2020
65 days early
2019
53 days early
← 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 47 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 2 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Key points

  • Caution: Among the weakest 14% on net resultsector median €10,232 · 34,842 companies -€7,223 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€7,223 View

Documents

Annual accounts at the NBB

All 16 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about PETER MOREELS

What is the company number of PETER MOREELS?
0822.929.192. In Belgium the VAT number is the company number with BE in front: BE 0822.929.192.
Where is PETER MOREELS based?
The registered office is at Stationsstraat(Kor) 15, 8500 Kortrijk.Company details
What does PETER MOREELS do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of PETER MOREELS?
Private limited company (pre-2019) (BVBA).
When was PETER MOREELS founded?
On 04-02-2010.
Is PETER MOREELS still active?
Yes, PETER MOREELS is an active enterprise in the KBO register.
What is the turnover of PETER MOREELS?
The annual accounts for financial year 2025 state no turnover: the micro format does not require it.Financials
Is PETER MOREELS profitable?
In financial year 2025, PETER MOREELS made a loss of €7,223.
Where can I find the annual accounts of PETER MOREELS?
PETER MOREELS filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of PETER MOREELS due?
By 31-07-2027, for financial year 2026.Timeline

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