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PEVO

Active
Private limited company (pre-2019)founded 199729 yrs activeVredestraat 2, 3680 Maaseik, BelgiumKBO/BCE: BE 0459.884.522
Summary

PEVO has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5.5m and a net result of -€85,109. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability22▼-28
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €340,000 at 30 days acceptable
Liquidity ample (current ratio 29.24 against 22.77 in 2023; short-term debt: 2.5% and cash: 0.1% of total assets), and 19.8% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 29 years 0 30 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2023
91 d late
2022
12 d early
2021
78 d late
2020
20 d late
2019
67 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 51 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

PEVO was incorporated on 20 January 1997.1 Total assets fell from EUR 12 million in 2018 to EUR 6.9 million in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
€5.5m▼ 1.5%
2023 · €5.6m
Total assets
€6.9m▼ 3.5%
2023 · €7.1m
Net result
-€85,109
2023 · €4.4m
Working capital
€4.9m▼ 1.0%
2023 · €4.9m
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€86,352▼ 9.8%-€56,020▲ 35.1%€1.1m-€84,614-€56,558▲ 33.2%
Net result-€210,701▼ 1.2%-€188,528▲ 10.5%€908,359€4.4m▲ 389%-€85,109
Equity€428,570▼ 33.0%€240,043▼ 44.0%€1.1m▲ 378%€5.6m▲ 387%€5.5m▼ 1.5%
Total assets€11.9m▲ 0.8%€12.1m▲ 2.1%€12.2m▲ 0.7%€7.1m▼ 41.9%€6.9m▼ 3.5%
Debt€11.5m▲ 2.8%€11.9m▲ 3.8%€11.1m▼ 6.9%€1.5m▼ 86.3%€1.4m▼ 10.6%
Working capital-€10.6m▼ 1.2%-€10.3m▲ 2.5%-€8.4m▲ 18.9%€4.9m€4.9m▼ 1.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€2.0m€0€2.0m€4.0mOperating result 2020: -€86,352-€86,352Net result 2020: -€210,701-€210,701Operating result 2021: -€56,020-€56,020Net result 2021: -€188,528-€188,528Operating result 2022: €1.1m€1.1mNet result 2022: €908,359€908,359Operating result 2023: -€84,614-€84,614Net result 2023: €4.4m€4.4mOperating result 2024: -€56,558-€56,558Net result 2024: -€85,109-€85,10920202021202220232024-€2m€0€2m€4mOperating result 2022: €1.1m€1.1mNet result 2022: €908,359€908,000Operating result 2023: -€84,614-€84,600Net result 2023: €4.4m€4.4mOperating result 2024: -€56,558-€56,600Net result 2024: -€85,109-€85,100202220232024
The operating result stays negative: a loss of €56,558 in 2024 against €84,614 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €6.9m
Fixed assets €1.8m ▼ 7.3%
Current assets €5.1m ▼ 2.0%
Equity and liabilities €6.9m
Equity €5.5m ▼ 1.5%
Debt €1.4m ▼ 10.6%
Debt's share of the balance-sheet total falls from 21.4% to 19.8%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€21,526▲
2023 · -€5,304
Cash flow
-€7,025▼
2023 · €4.5m
Current ratio
29.24▲
2023 · 22.77
Debt to equity
0.25▼
2023 · 0.27
ROE
-1.5%▼
2023 · 79.5%
ROA
-1.2%▼
2023 · 62.5%
Interest coverage
0.55▲
2023 · -0.06
Debt ≤ 1 year
€172,936▼
2023 · €226,640
Debt > 1 year
€1.2m▼
2023 · €1.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 825 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 96% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.6% went bankrupt
2.8% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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%.

The companies in ten equal groups, from lowest to highest expected share.
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 825 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 48 lines
Balance sheet Code20232024
Assets
Total assets20/58€7.1m€6.9m▼
Fixed assets21/28€2.0m€1.8m▼
Tangible fixed assets22/27€1.9m€1.8m▼
Land and buildings22€1.9m€1.8m▼
Furniture and vehicles24€5,174€4,051▼
Financial fixed assets28€81,925€12,104▼
Current assets29/58€5.2m€5.1m▼
Amounts receivable within one year40/41€5.2m€5.0m▼
Trade receivables40€15,150€15,150=
Other amounts receivable41€5.1m€5.0m▼
Cash at bank and in hand54/58€8,745€9,758▲
Deferred charges and accrued income490/1-€4,802
Equity and liabilities
Total equity and liabilities10/49€7.1m€6.9m▼
Equity10/15€5.6m€5.5m▼
Contributions10/11€1.5m€1.5m=
Reserves13€4.1m€4.0m▼
Non-distributable reserves130/1€190€190=
Reserves not available under the articles1311€190€190=
Tax-exempt reserves132€1,826€1,826=
Distributable reserves133€4.1m€4.0m▼
Amounts payable17/49€1.5m€1.4m▼
Amounts payable after more than one year17€1.3m€1.2m▼
Financial debts170/4€1.3m€1.2m▼
Amounts payable within one year42/48€226,640€172,936▼
Current portion of amounts payable after more than one year42€106,199€108,396▲
Trade debts44€51,144€64,284▲
Suppliers440/4€51,144€64,284▲
Taxes, remuneration and social security45€609€256▼
Taxes450/3€609€256▼
Other amounts payable47/48€68,689-
Accrued charges and deferred income492/3€92€1,438▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€79,310€78,084▼
Other operating charges640/8€4,719€4,769▲
Gross operating margin9900-€585€26,294▲
Operating profit (loss)9901-€84,614-€56,558▲
Financial income75/76B€8.5m€10,606▼
Recurring financial income75€8.5m€10,606▼
Financial charges65/66B€4.0m€39,157▼
Recurring financial charges65€87,975€39,157▼
Non-recurring financial charges66B€3.9m-
Profit (loss) for the period before taxes9903€4.4m-€85,109▼
Profit (loss) for the period9904€4.4m-€85,109▼
Profit (loss) for the period to be appropriated9905€4.4m-€85,109▼
Appropriation of the result
Profit (loss) to be appropriated9906€4.1m-€85,109▼
Profit (loss) brought forward from the previous period14P-€354,785-
Transfer from equity791/2-€85,109
Transfer to equity691/2€4.1m-
To other reserves6921€4.1m-

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A--€1.4m---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€129,311€110,087€80,409€79,310€78,084▼ 1.5%
Other operating charges640/8-€4,109€12,816€4,719€4,769▲ 1.0%
Gross operating margin9900€47,259€58,175€1.2m-€585€26,294▲ 4,598%
Operating profit (loss)9901-€86,352-€56,020€1.1m-€84,614-€56,558▲ 33.2%
Financial income75/76B-€37,396€60,340€8.5m€10,606▼ 99.9%
Recurring financial income75€35,998€37,396€60,340€8.5m€10,606▼ 99.9%
Financial charges65/66B-€169,903€190,064€4.0m€39,157▼ 99.0%
Recurring financial charges65€160,347€169,903€190,064€87,975€39,157▼ 55.5%
Non-recurring financial charges66B---€3.9m--
Profit (loss) for the period before taxes9903-€210,701-€188,528€984,715€4.4m-€85,109▼ 102%
Income taxes67/77--€76,355---
Profit (loss) for the period9904-€210,701-€188,528€908,359€4.4m-€85,109▼ 102%
Profit (loss) for the period to be appropriated9905-€210,701-€188,528€908,359€4.4m-€85,109▼ 102%
Line20202021202220232024Change
Assets
Total assets20/58€11.9m€12.1m€12.2m€7.1m€6.9m▼ 3.5%
Fixed assets21/28€11.1m€11.1m€10.0m€2.0m€1.8m▼ 7.3%
Tangible fixed assets22/27€2.3m€2.2m€1.9m€1.9m€1.8m▼ 3.9%
Land and buildings22-€2.2m€1.9m€1.9m€1.8m▼ 3.8%
Furniture and vehicles24-€5,944€6,298€5,174€4,051▼ 21.7%
Financial fixed assets28€8.8m€8.9m€8.0m€81,925€12,104▼ 85.2%
Current assets29/58€814,592€1.1m€2.3m€5.2m€5.1m▼ 2.0%
Amounts receivable within one year40/41€811,130€1.1m€1.3m€5.2m€5.0m▼ 2.1%
Trade receivables40-€284,263€92,918€15,150€15,150=
Other amounts receivable41-€781,684€1.2m€5.1m€5.0m▼ 2.1%
Cash at bank and in hand54/58€1,032-€990,065€8,745€9,758▲ 11.6%
Deferred charges and accrued income490/1-€748€1,981-€4,802-
Equity and liabilities
Total equity and liabilities10/49€11.9m€12.1m€12.2m€7.1m€6.9m▼ 3.5%
Equity10/15€428,570€240,043€1.1m€5.6m€5.5m▼ 1.5%
Contributions10/11-€1.5m€1.5m€1.5m€1.5m=
Reserves13€5,434€5,434€5,624€4.1m€4.0m▼ 2.1%
Non-distributable reserves130/1--€190€190€190=
Reserves not available under the articles1311--€190€190€190=
Tax-exempt reserves132-€1,826€1,826€1,826€1,826=
Distributable reserves133-€3,609€3,609€4.1m€4.0m▼ 2.1%
Profit (loss) carried forward14-€1.1m-€1.3m-€354,785---
Amounts payable17/49€11.5m€11.9m€11.1m€1.5m€1.4m▼ 10.6%
Amounts payable after more than one year17€59,123€516,749€441,747€1.3m€1.2m▼ 8.4%
Financial debts170/4-€516,749€441,747€1.3m€1.2m▼ 8.4%
Amounts payable within one year42/48€11.4m€11.4m€10.6m€226,640€172,936▼ 23.7%
Current portion of amounts payable after more than one year42-€88,098€74,398€106,199€108,396▲ 2.1%
Financial debts43-€1.0m€1.6m---
Credit institutions430/8-€1.0m€1.6m---
Trade debts44€9,035€13,819€9,068€51,144€64,284▲ 25.7%
Suppliers440/4-€13,819€9,068€51,144€64,284▲ 25.7%
Taxes, remuneration and social security45-€11,123€87,996€609€256▼ 57.9%
Taxes450/3-€11,123€87,996€609€256▼ 57.9%
Other amounts payable47/48-€10.3m€8.9m€68,689--
Accrued charges and deferred income492/3--€11,229€92€1,438▲ 1,464%
Line20202021202220232024Change
Profit (loss) for the period9904-€210,701-€188,528€908,359€4.4m-€85,109▼ 102%
+ Depreciation and write-downs630€129,311€110,087€80,409€79,310€78,084▼ 1.5%
Operating cash flow (approximation)-€81,390-€78,441€988,769€4.5m-€7,025▼ 100%
Investment in fixed assets (approximation)--€107,169€1.0m€7.9m€64,183▼ 99.2%
Change in cash----€981,320€1,014▲ 100%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
30-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 91 days late
2023
31-12
Financial Highest result since 2018net €4.4m ▲389%
Net result €4.4m, the highest in the series.
31-12
Financial Liquidity times 107current ratio 22.77
Current ratio from 0.21 to 22.77; short-term debt falls from €10.6m to €226,640.
31-12
Financial Equity above €5mEq €5.6m ▲387%
2 profitable years in a row build equity to €5.6m.
19-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Back to profitnet €908,359
Net result €908,359 after 4 loss-making years.
31-12
Financial Equity above €1mEq €1.1m ▲378%
Equity rises from €240,043 to €1.1m.
17-10
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 78 days late
2021
20-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 20 days late
2020
06-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 67 days late
2019
16-10
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 77 days late
Show earlier events
2018
24-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 57 days late
2016
29-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 60 days late
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, Maaseik · 1 establishment unit since 1997
seat establishment The establishment unit on the map
Ground area
9,323 m²
Building footprint
758 m²
Volume, LiDAR
4,165 m³
Parcel 72024F0360/00C000, Flanders · tallest building 14.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Vredestraat 2, 3680 Maaseik
NACE 70120
since 19972.084.918.889
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72024F0360/00C000 Flanders 9,323 m² 1 · 758 m² 14.6 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.

Structure & network

Owners and holdings

1 owner · 2 holdings · 4 subsidiaries in the tree

Chain of control

  1. BREMCO 100%
  2. PEVO

Highest known parent: BREMCO. The sources do not say who stands above it.

Owners 1

Holdings 2

All subsidiaries, including indirect ones 4

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

According to the 2022 annual accounts of PEVO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Legal Entity Identifier

9845003DBDEC4950C047
no longer live in the LEI register

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded20-01-1997
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0459884522
Also 9925:BE0459884522
Registered 04-09-2025

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.