Petimco
ActiveSummary
Petimco has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €167,230 and a net result of €4,773. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 79% of 9525 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability72▼-4
Solvency100=
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity ample (current ratio 2.43 against 2.96 in 2023; short-term debt: 8.7% and cash: 15.4% of total assets), and 20.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €167,230
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 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 d early
2024
23 d early
2023
27 d early
2022
1 d early
2021
62 d early
2020
61 d early
2019
62 d 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 39 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% 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. Usually files around 5 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Equity
€167,230▲ 2.9%
2023 · €162,457
Total assets
€211,266▲ 17.1%
2023 · €180,361
Net result
€4,773▼ 56.5%
2023 · €10,968
Working capital
€26,160▼ 24.5%
2023 · €34,635
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support 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-€11,078▲ 26.9%-€4,596▲ 58.5%€24,182€12,306▼ 49.1%€7,295▼ 40.7%
Net result-€11,563below the sector's middle half▲ 26.3%-€4,989below the sector's middle half▲ 56.9%€21,931within the sector's middle half€10,968within the sector's middle half▼ 50.0%€4,773within the sector's middle half▼ 56.5%
Equity€138,704within the sector's middle half▼ 7.7%€133,715within the sector's middle half▼ 3.6%€151,489within the sector's middle half▲ 13.3%€162,457within the sector's middle half▲ 7.2%€167,230above the sector's middle half▲ 2.9%
Total assets€138,812within the sector's middle half▼ 7.7%€133,745within the sector's middle half▼ 3.7%€165,861within the sector's middle half▲ 24.0%€180,361within the sector's middle half▲ 8.7%€211,266within the sector's middle half▲ 17.1%
Debt€108▼ 24.5%€30▼ 72.2%€14,373▲ 47,809%€17,904▲ 24.6%€44,035▲ 146%
Working capital€39,550within the sector's middle half▲ 9.4%€32,260within the sector's middle half▼ 18.4%€45,545within the sector's middle half▲ 41.2%€34,635within the sector's middle half▼ 24.0%€26,160within the sector's middle half▼ 24.5%
Solvency99.9%above the sector's middle half=100.0%above the sector's middle half▲ 0.1pp91.3%above the sector's middle half▼ 8.6pp90.1%above the sector's middle half▼ 1.3pp79.2%above the sector's middle half▼ 10.9pp
Current ratio4.17above the sector's middle half2.96within the sector's middle half▼ 1.212.43within the sector's middle half▼ 0.53
Return on assets (ROA)-8.3%below the sector's middle half▲ 2.1pp-3.7%below the sector's middle half▲ 4.6pp13.2%within the sector's middle half▲ 17.0pp6.1%within the sector's middle half▼ 7.1pp2.3%within the sector's middle half▼ 3.8pp
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 41% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €211,266
Fixed assets
€166,808 ▲ 30.3%
Current assets
€44,458 ▼ 15.1%
Equity and liabilities €211,266
Equity
€167,230 ▲ 2.9%
Debt
€44,035 ▲ 146%
Debt's share of the balance-sheet total rises from 9.9% to 20.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€39,840▲
2023 · €24,400
Cash flow
€37,318▲
2023 · €23,062
Debt to equity
0.26▲
2023 · 0.11
ROE
2.9%▼
2023 · 6.8%
Interest coverage
21.74▼
2023 · 101.15
Debt ≤ 1 year
€18,297▲
2023 · €17,708
Debt > 1 year
€25,192
Income taxes
€689▼
2023 · €1,097
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,039 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
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 0.2% 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 17,039 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,689 | €8,841 | €8,584 | €12,094 | €32,544 | ▲ 169% |
| Other operating charges640/8 | - | €3,242 | €3,723 | €3,955 | €3,937 | ▼ 0.5% |
| Gross operating margin9900 | €8,827 | €7,487 | €36,489 | €28,356 | €43,777 | ▲ 54.4% |
| Operating profit (loss)9901 | -€11,078 | -€4,596 | €24,182 | €12,306 | €7,295 | ▼ 40.7% |
| Financial income75/76B | - | - | €23 | - | - | - |
| Recurring financial income75 | - | - | €23 | - | - | - |
| Financial charges65/66B | - | €393 | €81 | €241 | €1,833 | ▲ 660% |
| Recurring financial charges65 | €485 | €393 | €81 | €241 | €1,833 | ▲ 660% |
| Profit (loss) for the period before taxes9903 | -€11,563 | -€4,989 | €24,124 | €12,065 | €5,462 | ▼ 54.7% |
| Income taxes67/77 | - | - | €2,193 | €1,097 | €689 | ▼ 37.2% |
| Profit (loss) for the period9904 | -€11,563 | -€4,989 | €21,931 | €10,968 | €4,773 | ▼ 56.5% |
| Profit (loss) for the period to be appropriated9905 | -€11,563 | -€4,989 | €21,931 | €10,968 | €4,773 | ▼ 56.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €138,812 | €133,745 | €165,861 | €180,361 | €211,266 | ▲ 17.1% |
| Fixed assets21/28 | €99,154 | €101,455 | €105,944 | €128,017 | €166,808 | ▲ 30.3% |
| Tangible fixed assets22/27 | €99,154 | €101,455 | €105,944 | €128,017 | €166,808 | ▲ 30.3% |
| Land and buildings22 | - | €25,139 | - | - | - | - |
| Plant, machinery and equipment23 | - | - | - | - | €1,187 | - |
| Furniture and vehicles24 | - | - | €4,199 | €28,760 | €75,638 | ▲ 163% |
| Other tangible fixed assets26 | - | €76,316 | €101,745 | €99,258 | €89,983 | ▼ 9.3% |
| Current assets29/58 | €39,658 | €32,290 | €59,917 | €52,343 | €44,458 | ▼ 15.1% |
| Amounts receivable within one year40/41 | - | - | €19,704 | €20,888 | €10,299 | ▼ 50.7% |
| Trade receivables40 | - | - | €19,704 | €20,888 | €10,299 | ▼ 50.7% |
| Current investments50/53 | €25,000 | €25,000 | - | - | - | - |
| Cash at bank and in hand54/58 | €14,658 | €7,290 | €39,609 | €30,617 | €32,502 | ▲ 6.2% |
| Deferred charges and accrued income490/1 | - | - | €605 | €838 | €1,657 | ▲ 97.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €138,812 | €133,745 | €165,861 | €180,361 | €211,266 | ▲ 17.1% |
| Equity10/15 | €138,704 | €133,715 | €151,489 | €162,457 | €167,230 | ▲ 2.9% |
| Contributions10/11 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €118,704 | €113,715 | €131,489 | €142,457 | €147,230 | ▲ 3.4% |
| Non-distributable reserves130/1 | - | €2,000 | €2,000 | - | - | - |
| Reserves not available under the articles1311 | - | €2,000 | €2,000 | - | - | - |
| Tax-exempt reserves132 | - | €15,494 | - | - | - | - |
| Distributable reserves133 | - | €96,221 | €129,489 | €142,457 | €147,230 | ▲ 3.4% |
| Amounts payable17/49 | €108 | €30 | €14,373 | €17,904 | €44,035 | ▲ 146% |
| Amounts payable after more than one year17 | - | - | - | - | €25,192 | - |
| Financial debts170/4 | - | - | - | - | €25,192 | - |
| Amounts payable within one year42/48 | €108 | €30 | €14,373 | €17,708 | €18,297 | ▲ 3.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €10,969 | - |
| Trade debts44 | €108 | €30 | €7,853 | €6,041 | €109 | ▼ 98.2% |
| Suppliers440/4 | - | €30 | €7,853 | €6,041 | €109 | ▼ 98.2% |
| Taxes, remuneration and social security45 | - | - | €6,229 | €7,836 | €3,740 | ▼ 52.3% |
| Taxes450/3 | - | - | €3,828 | €5,347 | €914 | ▼ 82.9% |
| Remuneration and social security454/9 | - | - | €2,401 | €2,489 | €2,826 | ▲ 13.5% |
| Other amounts payable47/48 | - | - | €291 | €3,831 | €3,480 | ▼ 9.2% |
| Accrued charges and deferred income492/3 | - | - | - | €195 | €546 | ▲ 180% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€11,563 | -€4,989 | €21,931 | €10,968 | €4,773 | ▼ 56.5% |
| + Depreciation and write-downs630 | €16,689 | €8,841 | €8,584 | €12,094 | €32,544 | ▲ 169% |
| Operating cash flow (approximation) | €5,126 | €3,852 | €30,514 | €23,062 | €37,318 | ▲ 61.8% |
| Investment in fixed assets (approximation) | - | -€11,142 | -€13,073 | -€34,167 | -€71,335 | ▼ 109% |
| Change in cash | - | -€7,368 | €32,319 | -€8,992 | €1,885 | ▲ 121% |
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
26-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €21,931
Net result €21,931 after 4 loss-making years.
31-12
Financial
Equity above €150,000Eq €151,489 ▲13.3%
Equity rises from €133,715 to €151,489.
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 1076.33
Current ratio from 367.20 to 1076.33; short-term debt falls from €108 to €30.
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-06
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 7 acts read
About the unread acts
We know of 7 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
7 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, Zele · 1 establishment unit since 1977
Ground area
914 m²
Building footprint
172 m²
Volume, LiDAR
1,050 m³
Parcel 42028A0784/00P000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Beekstraat 5, 9240 Zele
since 19772.185.410.097
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42028A0784/00P000 | Flanders | 914 m² | 1 · 172 m² | 9.2 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 345 EUR awarded · 345 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 345 EUR | 345 EUR |
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Of 11,218 companies in sector 82100 we hold annual accounts for 3,516. 2,533 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
Founded23-09-1977
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0417520860
Also
9925:BE0417520860
Registered
08-07-2025
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.