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Pexip Belgium

Active
Public limited companyfounded 2013active for 13 yearsZuiderlaan 1-3, 9000 Gent, BelgiumKBO/BCE: BE 0537.590.925
Summary

The computed 12-month bankruptcy probability of Pexip Belgium is 3.9% (moderate). The 2025 annual accounts show negative equity (-€13.7m) and a net result of -€461,888. Equity has been shrinking by about 51% per year since 2018. Its solvency ranks better than 5% of 6,172 sector peers (NACE 46, financial year 2025). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 19-08-2013 Normal situation
Registered office
26 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 2 November 2026.
Activity
Agents specialised in the wholesale of other particular products NACE 46180and 1 other
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.221.891.601 9000 Gent, since 21-08-2013
Financial year end
31 December
Peppol
Reachable since 27-05-2025

Board and ownership

Board
Auditor
VRC BEDRIJFSREVISOREN BV
Shareholders
  • PEXIP ASannual accounts 2025

Financial position

47 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.9%
Annual accounts 2025
Gross margin
€1.4m
▲ 78.7%
Turnover
≈ €5.7m
estimated
Loss
€461,888
▼ 79.2%
Equity
-€13.7m
▼ 3.5%
Total assets
€1.4m
▼ 6.9%
Employees on 31-12-2025
6
=
  • Negative equity on 31-12-2025
Net result +79%: other schema
Score breakdownraises riskNegative equity -€13.7mLoss of €461,888, the second in a row (financial year 2025)lowers riskLegal form: public limited companyLiquidity: current ratio 2.04, cash €155,113Show the evidence

Checked score

Score 2025
47 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 24% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Weak
Solvency 0=
equity -991.1% of total assets
Liquidity 43+30
short-term debt 44.1% · cash 11.2%
Profitability 5+5
return on assets -33.4%
Bankruptcy probability within 12 months
3.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: 4.2% 01-2025: 4.2%● unchanged vs 12-2024 02-2025: 4.3%▲ +0.1 percentage points vs 01-2025 03-2025: 4.0%▼ -0.3 percentage points vs 02-2025 04-2025: 4.0%● unchanged vs 03-2025 05-2025: 4.0%● unchanged vs 04-2025 06-2025: 3.8%▼ -0.2 percentage points vs 05-2025lowest value 07-2025: 4.0%▲ +0.2 percentage points vs 06-2025 08-2025: 4.0%● unchanged vs 07-2025 09-2025: 6.4%▲ +2.4 percentage points vs 08-2025 10-2025: 6.4%● unchanged vs 09-2025 11-2025: 6.4%● unchanged vs 10-2025 12-2025: 6.4%● unchanged vs 11-2025 01-2026: 6.4%● unchanged vs 12-2025 02-2026: 6.5%▲ +0.1 percentage points vs 01-2026highest value 03-2026: 6.2%▼ -0.3 percentage points vs 02-2026 04-2026: 6.2%● unchanged vs 03-2026 05-2026: 6.2%● unchanged vs 04-2026 06-2026: 6.0%▼ -0.2 percentage points vs 05-2026 07-2026: 6.3%▲ +0.3 percentage points vs 06-2026 08-2026: 3.9%▼ -2.4 percentage points vs 07-2026 09-2026: 3.9%● unchanged vs 08-2026 10-2026: 3.9%● unchanged vs 09-2026 11-2026: 3.9%● unchanged vs 10-2026
No credit on open account
Liquidity is ample, with a current ratio of 2.04 (0.99 in 2024), above the usual 1.5. Short-term debt is 44.1% and cash 11.2% of total assets. However, equity is negative.
Calculation

The band follows from the bankruptcy probability. 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 46, micro). It does better than 6% of them on solvency, 41% on liquidity, 14% on profitability and 33% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€13.7m
NBB · annual accounts
raises risk · Loss of €461,888, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
lowers risk · Liquidity: current ratio 2.04, cash €155,113
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€13.7m
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 days early
2024
26 days late
2023
58 days late
2022
25 days early
2021
24 days late
2020
31 days late
2019
6 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 13 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 24 August (4 of the last 5 accounts filed within 49 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€13.7m View
  • Risk: 6 loss-making years in a rowloss in financial year 2025 -€461,888 View
  • Caution: Lower solvency than 95% of companies in wholesale tradesector median 45.2% · 6,172 companies -991.1% View
  • Positive: Result rose in 2025different schema filed ▲ 79.2% View

Recent changes

  1. · Gazette deed Reappointments: Beate Nygardshaug (director) and Kristin Minsas (director)Appointment: VRC Bedrijfsrevisoren BV (statutory auditor)
  2. · Gazette deed Resignation: Arne Bassez (day-to-day manager)
  3. · Gazette deed Resignation: John Thorneycroft (director)
All 19 events

Comparable companies

These companies have the same main activity as Pexip Belgium: agents specialised in the wholesale of other particular products (NACE 46180). They are comparable in size and age: total assets between €1.3m and €1.6m, founded between 2003 and 2015.

CompanyTotal assetsGross margin
Pexip Belgium Gent€1.4m€1.4m
Kantoor Tijl Jansegers Aalst€1.6m€0.9m
DC MECANICS Affligem€1.5m€0.8m
GAUCA Kruisem€1.3m€0.9m
SIGOS Gent€1.4m€0.9m
BIKEBAT Bornem€1.5m€0.7m
CVP BENELUX Sint-Pieters-Leeuw€1.4m€0.5m
Full comparison

Key facts about Pexip Belgium

What is the company number of Pexip Belgium?
The company number of Pexip Belgium is 0537.590.925. The VAT number is the same number with BE in front: BE 0537.590.925.
Where is Pexip Belgium based?
The registered office is at Zuiderlaan 1-3, 9000 Gent.Company details
What does Pexip Belgium do?
According to the KBO register, the main activity is agents specialised in the wholesale of other particular products (NACE 46180).
What is the legal form of Pexip Belgium?
The legal form of Pexip Belgium is Public limited company (NV).
When was Pexip Belgium founded?
Pexip Belgium was founded on 19-08-2013.
Is Pexip Belgium still active?
Yes, Pexip Belgium is an active enterprise in the KBO register.
How many employees does Pexip Belgium have?
Pexip Belgium had an average of 6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Pexip Belgium fall under?
In its 2025 annual accounts, Pexip Belgium states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of Pexip Belgium?
The turnover in financial year 2025 is ≈ €5.7m. This figure is estimated from the gross margin of €1.4m and 98 comparable companies (NACE 46). It probably lies between €3.5m and €9.7m.
Is Pexip Belgium profitable?
In financial year 2025, Pexip Belgium made a loss of €461,888.
Where can I find the annual accounts of Pexip Belgium?
Pexip Belgium filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Pexip Belgium due?
Pexip Belgium must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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