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PETERSIME

Active
Public limited companyfounded 1929active for 96 yearsCentrumstraat 125, 9870 Zulte, BelgiumKBO/BCE: BE 0404.527.612
Summary

PETERSIME has been active since 1929 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23.5m and a net result of €34.4m. Equity remains stable across the filed financial years (±2.1% per year). Its solvency ranks better than 27% of 383 sector peers (NACE 28, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Manufacture of machinery and equipment not elsewhere classified
NACE 28300
Oldest company in East Flanders, Machinery and equipment sector5 sites
Size
€138.9mturnover 2025
Staff
227.1 FTE
Equity
€23.5m
Profit
€34.4m
Financial health
89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
FOODTECH SYSTEMS · 100%
Holdings
10
Auditor: Grant Thornton BVAccounts 67 days early5 of 24 deeds read
Why 89raises riskEquity €23.5m (24.3% of total assets)Sector: Manufacture of machinery and equipment not elsewhere classified (NACE 28)lowers riskSize: turnover €138.9m, 227.1 FTE, total assets €96.7mFounded in 1929Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 55% of its sector peers (NACE 28, medium-sized)
Financial strength · tick = 2024
Strong
Solvency 49-31
equity 24.3% of total assets
Liquidity 29-15
short-term debt 57.6% · cash 7.3%
Profitability 100+6
return on assets 35.5%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (101 companies, NACE 28, medium-sized)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.1%▼ -0.1 percentage points vs 02-2025 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: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.2%▲ +0.1 percentage points vs 04-2026highest value 06-2026: 0.2%● unchanged vs 05-2026highest value 07-2026: 0.2%● unchanged vs 06-2026highest value 08-2026: 0.2%● unchanged vs 07-2026highest value 09-2026: 0.2%● unchanged vs 08-2026highest value 10-2026: 0.2%● unchanged vs 09-2026highest value
Credit of up to €2,050,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.91, compared with 1.18 in 2024, below 1; short-term debt: 57.6% and cash: 7.3% of total assets), and 75.7% 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 28, medium-sized): better than 38% on solvency, 29% on liquidity, 99% on profitability and 51% on growth.

The bankruptcy probability was computed on 21-10-2026 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

Five signals.
lowers riskraises riskneutral
lowers risk · Size: turnover €138.9m, 227.1 FTE, total assets €96.7m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1929
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Equity €23.5m (24.3% of total assets)
NBB · annual accounts
raises risk · Sector: Manufacture of machinery and equipment not elsewhere classified (NACE 28)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2025 was due by 30-06-2026 and was filed on 24-04-2026, 67 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
67 days early
2024
48 days early
2023
240 days late
2022
36 days early
2021
15 days late
2020
15 days early
2019
27 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 9 days after the deadline; the sector median (NACE 28) for financial year 2024 is 11 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 30-11-2026 and is due by 30-06-2027. Nothing is late today. The company usually files around 25 May (4 of the last 5 filed years within 51 days of that day).
Companies Code · seven months
Where today falls in the filing period
21-10-2026 today30-11-2026 year end30-06-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. RestructuringMerger · Shareholding · Accounting…
  3. Highest result from 2020 to 2025net €34.4m ▲99.6%

Key points

  • Positive: Result rose in 2025from €17.2m to €34.4m ▲ 99.6% View
  • Positive: Oldest company in East Flanders, Machinery and equipment sectorin the Checked rankings No. 1 View
  • Positive: 5 years of growth in a rowturnover 2025: €138.9m 5 years View
  • Controlled by FOODTECH SYSTEMSthe company in turn controls 10 companies 100% View
  • Merger with PETERSIME APPROVEDmerger on 09-01-2026 2026 View
  • Active since 1929founded 31-10-1929 96 years View
  • Flemish supportawarded from 2022 to 2025 €705,341 View

By topic

Financials

Financial year
2025
Turnover
€138.9m
Profit
€34.4m
Solvency
24.3%
Turnover▲ 45.4%
Net result
20202025
Go to Financials

Timeline

Events
64
Since
1978
Next accounts
by 30-06-2027
  1. 24-10-2025Permanent representative: Paul Degraeve
  2. 24-10-2025Restructuring
  3. 16-05-2025Miscellaneous
Go to Timeline

Company details

Sites
5
Legal form
Public limited company
Activity
Manufacture of machinery and equipment not elsewhere classifiedNACE 28300
Founded
31-10-1929
Year ends
30-11
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
5
Purpose
“De fabricatie en herstellingen, de aan- en verkoop, de in- en uitvoer en doorvoer, de…” (deed in Dutch)
Go to Articles of association

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