PETSS
ActiveSummary
PETSS has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34,128 and a net result of €5,894. Equity is growing by ~10% per year across the filed fiscal years. Its solvency ranks better than 56% of 17213 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability66▼-33
Solvency91▲+22
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity ample (current ratio 2.63 against 1.58 in 2024; short-term debt: 34.2% and cash: 30.6% of total assets), and 34.2% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer 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
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
65.8%
Return on assets
11.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
27 d late
2023
29 d late
2022
30 d late
2021
30 d late
2020
30 d late
2019
91 d late
← 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 37 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% 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 30 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#3 oldest company in Oostkamp, Telecoms and IT sector
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€34,128▲ 20.9%
2024 · €28,234
Total assets
€51,848▼ 18.7%
2024 · €63,743
Net result
€5,894▼ 62.1%
2024 · €15,571
Working capital
€28,963▲ 41.6%
2024 · €20,457
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related 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
Line20212022202320242025
Operating result€7,391-€4,802-€6,025▼ 25.5%€19,978€8,963▼ 55.1%
Net result€7,343within the sector's middle half-€4,702below the sector's middle half-€6,015below the sector's middle half▼ 27.9%€15,571within the sector's middle half€5,894within the sector's middle half▼ 62.1%
Equity€20,409below the sector's middle half▲ 56.2%€15,707below the sector's middle half▼ 23.0%€9,693below the sector's middle half▼ 38.3%€28,234within the sector's middle half▲ 191%€34,128within the sector's middle half▲ 20.9%
Total assets€42,952below the sector's middle half▲ 20.7%€36,677below the sector's middle half▼ 14.6%€34,432below the sector's middle half▼ 6.1%€63,743below the sector's middle half▲ 85.1%€51,848below the sector's middle half▼ 18.7%
Debt€22,542▲ 0.1%€20,970▼ 7.0%€24,739▲ 18.0%€35,509▲ 43.5%€17,720▼ 50.1%
Working capital€20,409within the sector's middle half▲ 57.5%€15,707within the sector's middle half▼ 23.0%€9,693below the sector's middle half▼ 38.3%€20,457within the sector's middle half▲ 111%€28,963within the sector's middle half▲ 41.6%
Solvency47.5%within the sector's middle half▲ 10.8pp42.8%within the sector's middle half▼ 4.7pp28.2%below the sector's middle half▼ 14.7pp44.3%within the sector's middle half▲ 16.1pp65.8%within the sector's middle half▲ 21.5pp
Current ratio1.91within the sector's middle half▲ 0.331.75within the sector's middle half▼ 0.161.39within the sector's middle half▼ 0.361.58within the sector's middle half▲ 0.182.63within the sector's middle half▲ 1.06
Return on assets (ROA)17.1%within the sector's middle half▲ 31.6pp-12.8%below the sector's middle half▼ 29.9pp-17.5%below the sector's middle half▼ 4.6pp24.4%within the sector's middle half▲ 41.9pp11.4%within the sector's middle half▼ 13.1pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related 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 falls in 2025; 2025 is 55% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €51,848
Fixed assets
€5,165 ▼ 33.6%
Current assets
€46,683 ▼ 16.6%
Equity and liabilities €51,848
Equity
€34,128 ▲ 20.9%
Debt
€17,720 ▼ 50.1%
Debt's share of the balance-sheet total falls from 55.7% to 34.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€11,575▼
2024 · €20,036
Cash flow
€8,506▼
2024 · €15,630
Quick ratio
2.53▲
2024 · 1.52
Debt to equity
0.52▼
2024 · 1.26
ROE
17.3%▼
2024 · 55.2%
Interest coverage
-619.32▲
2024 · -1222.48
Debt ≤ 1 year
€17,720▼
2024 · €35,509
Income taxes
€3,088▼
2024 · €4,423
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
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 0.1% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 31,349 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €112 | €0 | - | €58 | €2,612 | ▲ 4,389% |
| Other operating charges640/8 | €513 | €467 | €563 | €2,179 | €1,711 | ▼ 21.5% |
| Gross operating margin9900 | €8,016 | -€4,335 | -€5,462 | €22,216 | €13,286 | ▼ 40.2% |
| Operating profit (loss)9901 | €7,391 | -€4,802 | -€6,025 | €19,978 | €8,963 | ▼ 55.1% |
| Financial charges65/66B | €48 | -€100 | -€10 | -€16 | -€19 | ▼ 14.0% |
| Recurring financial charges65 | €48 | -€100 | -€10 | -€16 | -€19 | ▼ 14.0% |
| Profit (loss) for the period before taxes9903 | €7,343 | -€4,702 | -€6,015 | €19,995 | €8,982 | ▼ 55.1% |
| Income taxes67/77 | - | - | - | €4,423 | €3,088 | ▼ 30.2% |
| Profit (loss) for the period9904 | €7,343 | -€4,702 | -€6,015 | €15,571 | €5,894 | ▼ 62.1% |
| Profit (loss) for the period to be appropriated9905 | €7,343 | -€4,702 | -€6,015 | €15,571 | €5,894 | ▼ 62.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €42,952 | €36,677 | €34,432 | €63,743 | €51,848 | ▼ 18.7% |
| Fixed assets21/28 | €0 | - | - | €7,777 | €5,165 | ▼ 33.6% |
| Tangible fixed assets22/27 | €0 | - | - | €7,777 | €5,165 | ▼ 33.6% |
| Plant, machinery and equipment23 | €0 | - | - | €7,777 | €5,165 | ▼ 33.6% |
| Current assets29/58 | €42,952 | €36,677 | €34,432 | €55,966 | €46,683 | ▼ 16.6% |
| Stocks and contracts in progress3 | €4,218 | €2,892 | €8,110 | €2,019 | €1,823 | ▼ 9.7% |
| Stocks30/36 | €4,218 | €2,892 | €8,110 | €2,019 | €1,823 | ▼ 9.7% |
| Amounts receivable within one year40/41 | €30,173 | €25,259 | €14,099 | €14,752 | €28,646 | ▲ 94.2% |
| Trade receivables40 | €30,173 | €25,259 | €12,671 | €13,464 | €28,646 | ▲ 113% |
| Other amounts receivable41 | €0 | - | €1,428 | €1,288 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €8,278 | €8,221 | €11,888 | €38,847 | €15,849 | ▼ 59.2% |
| Deferred charges and accrued income490/1 | €283 | €305 | €336 | €347 | €365 | ▲ 5.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €42,952 | €36,677 | €34,432 | €63,743 | €51,848 | ▼ 18.7% |
| Equity10/15 | €20,409 | €15,707 | €9,693 | €28,234 | €34,128 | ▲ 20.9% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €5,471 | €5,471 | €5,471 | €21,043 | €21,715 | ▲ 3.2% |
| Non-distributable reserves130/1 | €250 | €250 | €250 | €250 | €250 | = |
| Reserves not available under the articles1311 | €250 | €250 | €250 | €250 | €250 | = |
| Distributable reserves133 | €5,221 | €5,221 | €5,221 | €20,793 | €21,465 | ▲ 3.2% |
| Profit (loss) carried forward14 | -€3,662 | -€8,364 | -€14,378 | -€11,408 | -€6,187 | ▲ 45.8% |
| Amounts payable17/49 | €22,542 | €20,970 | €24,739 | €35,509 | €17,720 | ▼ 50.1% |
| Amounts payable within one year42/48 | €22,542 | €20,970 | €24,739 | €35,509 | €17,720 | ▼ 50.1% |
| Trade debts44 | €1,813 | €2,539 | €5,632 | €30,978 | €5,105 | ▼ 83.5% |
| Suppliers440/4 | €1,813 | €2,539 | €5,632 | €30,978 | €5,105 | ▼ 83.5% |
| Taxes, remuneration and social security45 | €1,998 | €47 | €0 | €4,423 | €12,508 | ▲ 183% |
| Taxes450/3 | €1,998 | €47 | €0 | €4,423 | €12,508 | ▲ 183% |
| Other amounts payable47/48 | €18,731 | €18,384 | €19,107 | €107 | €107 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,343 | -€4,702 | -€6,015 | €15,571 | €5,894 | ▼ 62.1% |
| + Depreciation and write-downs630 | €112 | €0 | - | €58 | €2,612 | ▲ 4,389% |
| Operating cash flow (approximation) | €7,455 | -€4,702 | -€6,015 | €15,630 | €8,506 | ▼ 45.6% |
| Investment in fixed assets (approximation) | - | - | - | - | €0 | - |
| Change in cash | - | -€56 | €3,666 | €26,960 | -€22,998 | ▼ 185% |
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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Back to profitnet €15,571
Net result €15,571 after 2 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Back to profitnet €7,343
Net result €7,343 after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Back to profitnet €2,648
Net result €2,648 after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
23-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Oostkamp · 1 establishment unit since 1988
Ground area
1,527 m²
Building footprint
250 m²
Volume, LiDAR
1,912 m³
2 parcels, Flanders · tallest building 13.6 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
PETSS CV
since 19882.038.937.822
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31403F0089/00L003 | Flanders | 913 m² | 1 · 139 m² | 7.6 m · 2 fl. |
| 31808M0548/00A000 | Flanders | 613 m² | 1 · 110 m² | 13.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
2023 · 1 entry · 124 EUR awarded · 250 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 124 EUR | 250 EUR |
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Of 16,911 companies in sector 62100 we hold annual accounts for 8,786. 6,494 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
Founded01-07-1988
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
E-invoicing
Reachable via Peppol
Peppol ID
0208:0434641459
Also
9925:BE0434641459
Registered
23-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.