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P.C. Liège

Active
Public limited companyfounded 1996active for 29 yearsRue Laguesse 17, 4460 Grâce-Hollogne, BelgiumKBO/BCE: BE 0459.089.518
Summary

The computed 12-month bankruptcy probability of P.C. Liège is 2.2% (moderate). The annual accounts of P.C. Liège for financial year 2025 show a net loss of 64% of the equity at the start of that year. The 2025 annual accounts show equity of €907,325 and a net result of -€1.6m. Equity is shrinking by about 13% per year across the filed financial years. Its solvency ranks better than 18% of 4,961 sector peers (NACE 47, financial year 2025). The company has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Retail sale of cars and light vans (up to 3.5 tonnes)
NACE 47811
3rd largest employer in Grâce-Hollogne, Wholesale and retail trade sector1 site
Size
€46.9mturnover 2025
Staff
48.9 FTE
Equity
€907,325
Loss
-€1.6m
Financial health
51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.2%
Structure
Parent
D’Ieteren Mobility Company · 100%
Auditor: KPMG Réviseurs d'Entreprises BV/SRLAccounts 60 days early
Why 51raises riskLoss of €1.6m (financial year 2025)Equity €907,325 (7.7% of total assets)Sector: Retail trade (NACE 47)Liquidity: current ratio 3.36, cash €0, halvedShow the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 19% of its sector peers (NACE 47, small)
Financial strength · tick = 2024
Weak
Solvency 33-11
equity 7.7% of total assets
Liquidity 40-2
short-term debt 26.6% · cash 0.0%
Profitability 5-55
return on assets -13.7%
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,688 companies, NACE 47, small)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.4%▲ +0.1 percentage points vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.2%▼ -0.2 percentage points vs 06-2025lowest value 08-2025: 0.2%● unchanged vs 07-2025lowest value 09-2025: 0.2%● unchanged vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025lowest value 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 2.2%▲ +2.0 percentage points vs 06-2026highest value 08-2026: 2.2%● unchanged vs 07-2026highest value 09-2026: 2.2%● unchanged vs 08-2026highest value 10-2026: 2.2%● unchanged vs 09-2026highest value
Credit of up to €45,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 3.36, compared with 2.46 in 2024, above the usual 1.5; short-term debt: 26.6% and cash: 0% of total assets), but 92.3% 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 47, small): better than 19% on solvency, 44% on liquidity, 6% on profitability and 6% on growth.

The bankruptcy probability was computed on 16-10-2026 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

Six signals.
raises riskneutral
raises risk · Loss of €1.6m (financial year 2025)
NBB · annual accounts
raises risk · Equity €907,325 (7.7% of total assets)
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Liquidity: current ratio 3.36, cash €0, halved
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 4961 sector peers (2025).
NBB · sector comparison
Position among 4961 sector peers
Solvency
better than 18%
← weakest strongest →
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 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
60 days early
2024
62 days early
2023
44 days early
2022
59 days early
2021
47 days early
2020
44 days early
2019
37 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 50 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% 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 2 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
17-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointment: MX EVOLUTION SRL (director)Permanent representative: Michaël Xhonneux
  2. Annual accounts filedfinancial year 2025 · full…
  3. Resignation: Didier Willems (director)Appointment: Hans-Erik Jonscher (director) ·…

Key points

  • Caution: From profit to loss in 2025after €1.1m in 2024 -€1.6m View
  • Caution: Among the weakest 5% on net resultsector median €40,635 · 4,961 companies -€1.6m View
  • Board changedlatest change 29-01-2026 · 3 in office 1 joined · 2 left View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by D’Ieteren Mobility Companyultimately: ARROYO 100% View

By topic

Financials

Financial year
2025
Turnover
€46.9m
Loss
-€1.6m
Solvency
7.7%
Turnover▼ 23.6%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
Parent
D’Ieteren Mobility Company · 100%
Auditor
KPMG Réviseurs d'Entreprises BV/SRL
  • Benoît De CannièreDirector
  • MX EVOLUTION SRLManaging director
  • Hans-Erik JonscherDirector
Go to Board & ownership

Timeline

Events
70
Since
1998
Next accounts
by 31-07-2027
  1. 31-12-2025Weakest financial year
  2. 11-12-2025Resignation: Eric Cortois (director)
  3. 16-09-2025Reappointments: Didier Willems (director) and KPMG Réviseurs…
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Retail sale of cars and light vans (up…NACE 47811
Founded
24-10-1996
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
“L'achat et la vente, l'importation et l'exportation, la location, la transformation…” (deed in French)
Go to Articles of association

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