P.C. MECHELEN
ActiveP.C. MECHELEN has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.98M and a net result of €-133k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 22% of 382 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
43
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability27▼-40
Solvency42=
Growth43▼-19
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days only on tighter terms
Liquidity tight (current ratio 1.43 against 1.42 in 2024; short-term debt: 65.6% and cash: 0% of total assets), and 82.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
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
17.4%
Return on assets
-1.2%
Age of the figures
9 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 382 sector peers (2025).
NBB · sector comparisonPosition among 382 sector peers
Solvency
better than 22%
← 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 filingsDeviation from the deadline
2025
60 d early
2024
59 d early
2023
56 d early
2022
70 d early
2021
93 d early
2020
86 d early
2019
78 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€54.72M▲ 1.3%
2024 · €54.04M
2018: €28.99M
2019: €23.27M
2020: €28.48M
2021: €33.76M
2022: €37.39M
2023: €50.33M
2024: €54.04M
2018 → 2025
EBIT margin
0.7%▼ 3.2pp
2024 · 3.9%
2018: 3.2%
2019: -0.8%
2020: 3.5%
2021: 5.0%
2022: 4.6%
2023: 4.3%
2024: 3.9%
2018 → 2025
Net result
€-133k
2024 · €1.36M
2018: €621k
2019: €-264k
2020: €719k
2021: €1.22M
2022: €1.21M
2023: €1.36M
2024: €1.36M
2018 → 2025
Working capital
€3.23M▼ 10.4%
2024 · €3.61M
2018: €1.99M
2019: €1.85M
2020: €2.52M
2021: €1.85M
2022: €1.04M
2023: €3.40M
2024: €3.61M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€33.76M-€37.39M▲ 10.8%€50.33M▲ 34.6%€54.04M▲ 7.4%€54.72M▲ 1.3%
Equity€2.05M-€1.43M▼ 29.9%€1.77M▲ 23.8%€2.11M▲ 19.2%€1.98M▼ 6.3%
Operating result€1.70M-€1.73M▲ 1.8%€2.18M▲ 26.0%€2.12M▼ 3.0%€389k▼ 81.6%
Net result€1.22M-€1.21M▼ 0.6%€1.36M▲ 12.3%€1.36M▼ 0.2%€-133k
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 82% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €11.40M
Fixed assets
€682k▲ 8.5%
Current assets
€10.71M▼ 11.6%
Equity and liabilities €11.40M
Equity
€1.98M▼ 6.3%
Provisions
€0▼ 100%
Debt
€9.42M▼ 10.6%
The debt ratio stays at 82.6%.
Key figures and ratios
EBITDA
€617k▼
2024 · €2.29M
Cash flow
€96k▼
2024 · €1.54M
Solvency
17.4%▲
2024 · 16.6%
Current ratio
1.43▲
2024 · 1.42
Quick ratio
0.46▼
2024 · 0.50
Debt / equity
4.75▼
2024 · 4.98
ROE
-6.7%▼
2024 · 64.3%
ROA
-1.2%▼
2024 · 10.7%
Interest coverage
1.29▼
2024 · 9.41
Debt
€9.42M▼
2024 · €10.53M
Debt ≤ 1 year
€7.48M▼
2024 · €8.51M
Debt > 1 year
€1.90M=
2024 · €1.90M
Income taxes
€8k▼
2024 · €499k
Staff costs
€3.47M▲
2024 · €2.55M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€12.74M€11.40M▼
Fixed assets21/28€629k€682k▲
Tangible fixed assets22/27€629k€663k▲
Plant, machinery and equipment23€420k€484k▲
Furniture and vehicles24€114k€92k▼
Other tangible fixed assets26€94k€87k▼
Financial fixed assets28-€19k
Other financial fixed assets284/8-€19k
Amounts receivable and cash guarantees285/8-€19k
Current assets29/58€12.11M€10.71M▼
Stocks and contracts in progress3€7.90M€7.24M▼
Stocks30/36€7.90M€7.24M▼
Goods purchased for resale34€7.90M€7.24M▼
Amounts receivable within one year40/41€4.20M€3.01M▼
Trade receivables40€2.78M€2.12M▼
Other amounts receivable41€1.41M€885k▼
Cash at bank and in hand54/58€2k€2k▲
Deferred charges and accrued income490/1€16k€461k▲
Equity and liabilities
Total equity and liabilities10/49€12.74M€11.40M▼
Equity10/15€2.11M€1.98M▼
Contributions10/11€750k€750k=
Capital10€750k€750k=
Issued capital100€750k€750k=
Reserves13€75k€75k=
Non-distributable reserves130/1€75k€75k=
Legal reserve130€75k€75k=
Profit (loss) carried forward14€1.29M€1.16M▼
Provisions and deferred taxes16€97k-
Provisions for liabilities and charges160/5€97k-
Other liabilities and charges164/5€97k-
Amounts payable17/49€10.53M€9.42M▼
Amounts payable after more than one year17€1.90M€1.90M=
Financial debts170/4€1.90M€1.90M=
Other loans174€1.90M€1.90M=
Amounts payable within one year42/48€8.51M€7.48M▼
Financial debts43€5.31M€4.69M▼
Other loans439€5.31M€4.69M▼
Trade debts44€679k€865k▲
Suppliers440/4€679k€865k▲
Advances received on contracts in progress46€396k€805k▲
Taxes, remuneration and social security45€1.10M€1.12M▲
Taxes450/3€738k€706k▼
Remuneration and social security454/9€360k€412k▲
Other amounts payable47/48€1.02M-
Accrued charges and deferred income492/3€128k€35k▼
Income statement
Code20242025
Operating income70/76A€54.17M€55.17M▲
Turnover70€54.04M€54.72M▲
Other operating income74€130k€401k▲
Non-recurring operating income76A-€50k
Operating charges60/66A€52.05M€54.78M▲
Goods for resale, raw materials and consumables60€45.77M€47.35M▲
Purchases600/8€47.45M€46.75M▼
Change in stocks: decrease (increase)609€-1.68M€600k▲
Services and other goods61€3.28M€3.57M▲
Remuneration, social security and pensions62€2.55M€3.47M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€178k€228k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€94k€53k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8-€-97k
Other operating charges640/8€172k€200k▲
Non-recurring operating charges66A€13k-
Operating profit (loss)9901€2.12M€389k▼
Financial income75/76B€3k€1k▼
Recurring financial income75€3k€1k▼
Other financial income752/9€3k€1k▼
Financial charges65/66B€261k€514k▲
Recurring financial charges65€261k€514k▲
Debt charges650€244k€479k▲
Other financial charges652/9€17k€35k▲
Profit (loss) for the period before taxes9903€1.86M€-125k▼
Income taxes67/77€499k€8k▼
Taxes670/3€517k€187k▼
Tax adjustments and reversals of tax provisions77€18k€179k▲
Profit (loss) for the period9904€1.36M€-133k▼
Profit (loss) for the period to be appropriated9905€1.36M€-133k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.31M€1.16M▼
Profit (loss) brought forward from the previous period14P€949k€1.29M▲
Profit to be distributed694/7€1.02M-
Return on contributions (dividend)694€1.02M-
Social balance
Average headcount (FTE)908727.937.4▲
The notes to these accounts (55 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
State Gazette act
Resignations & appointmentsGeneral meeting · Auditor appointment · Permanent representative3 facts ▸
State Gazette act
Resignations & appointments
General meeting · Auditor appointment · Permanent representative3 facts ▸
- General meeting, 13/05/2026
- Auditor appointment, KPMG Bedrijfsrevisoren BV/SRL (commissaris)
- Permanent representative, Joffrey Ankaert
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €2MEq €2.11M ▲19.2%
5 profitable years in a row build equity to €2.11M.
05-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €1.36M ▲12.3%
Operating result €2.18M, net result €1.36M, both a record.
22-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
06-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €719k
Net result €719k after one loss-making year.
31-12
Financial
Equity above €2MEq €2.69M ▲36.4%
Equity rises from €1.97M to €2.69M.
14-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €-264k ▼142%
Net result drops to €-264k, the lowest in the series; recovery starts the following year.
14-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
15-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
12-01-2026
Didier Willems: Resigned as Director
01-09-2025
Eric Cortois: Resigned as Director
01-06-2024
Michiels Erik: Resigned as Director
01-06-2024
Michiels Erik: Resigned as Managing director
01-07-2023
Stefan Kerckhoven: Resigned as Director
24-02-2022
Didier 't Serstevens: Resigned as Director
27-11-2020
Jérôme Vervloet: Resigned as Director
31-12-2018
B.V.B.A. AUTOMOTIVE AUDITS EVENTS COMMERCE: Resigned as Director
31-12-2018
B.V.B.A. AUTOMOTIVE AUDITS EVENTS COMMERCE: Resigned as Managing director
01-07-2018
Claude De Neef: Resigned as Director
01-06-2018
Eric Cortois: Resigned as Director
01-09-2017
Eric Cortois: Resigned as Director
20-04-2017
Arnaud Dresse: Resigned as Director
20-04-2017
Philippe Petit: Resigned as Director
01-07-2016
AVIM GCV: Resigned as Director
01-12-2015
Claude De Neef: Resigned as Director
01-12-2015
Denis GORTEMAN: Resigned as Director
01-12-2015
Jean Heinen: Resigned as Director
26-06-2015
Arnaud Dresse: Resigned as Director
Location & real-estate footprint
Registered office, Mechelen · 4 establishment units since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Blokhuisstraat 47p2800 MechelenGround area
3.0 ha
Building footprint
8,155 m²
Volume, LiDAR
39,613 m³
5 parcels, Flanders · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
4 establishment units
Porsche Centre Mechelen
since 20132.224.880.783
Werkplaats 2
since 20242.364.043.418
PCM3
since 20252.377.200.477
PCM4
since 20252.377.200.576
5 parcels
Flanders
5
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12402A0144/00F004 | Flanders | 1.2 ha | 1 · 2,955 m² | 4.2 m |
| 12402A0123/00M000 | Flanders | 8,771 m² | 1 · 2,690 m² | 11.2 m · 3 fl. |
| 12402A0153/00V000 | Flanders | 7,576 m² | 1 · 2,041 m² | 8.8 m · 2 fl. |
| 12402A0144/00T004 | Flanders | 766 m² | - | - |
| 12402A0109/00S000 | Flanders | 469 m² | 1 · 469 m² | 7.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 4
5 of 5 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| KPMG Bedrijfsrevisoren BV/SRLCurrent Statutory auditor · represented by Joffrey Ankaert | 28-07-2026 → present |
Recognitions · licences · registrations
Dual-learning approval
6 live approvalsAutotechnieken duaal (so)
Bandenmonteur (vwo)
Bandenmonteur duaal (so)
Onderhoudsmecanicien personenwagens en lichte bedrijfsvoertuigen (vwo)
Onderhoudsmechanica auto duaal (so)
Polyvalent mecanicien personenwagens en lichte bedrijfsvoertuigen duaal (so)
Similar companies · same sector, comparable size
REIFF
BE 0444.819.036
Herve · Eq €1.99M
Van Mossel RDN
BE 0417.393.671
Kuurne · Eq €1.96M
JET CARS GENT
BE 0862.222.211
Gent · Eq €2.02M
WILEX
BE 0422.382.738
Oud-Turnhout · Eq €1.94M
WINTMOLDERS E.L.P.
BE 0476.886.741
Sint-Truiden · Eq €1.93M
Of 7,375 companies in sector 95311 we hold annual accounts for 2,958. 1,272 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded12-12-2013
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.