P CENTRALE
ActiveSummary
The computed 12-month bankruptcy probability of P CENTRALE is 2.3% (moderate). The 2025 annual accounts show equity of €107,272 and a net result of €34,718. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 5046 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability71▼-1
Solvency32▲+3
Growth78=
Track record94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.8 against 0.81 in 2024; short-term debt: 93.4% and cash: 1.4% of total assets), and 93.4% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← 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
6.6%
Return on assets
2.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 5046 sector peers (2025).
NBB · sector comparisonPosition among 5046 sector peers
Solvency
better than 10%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €107,272
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 28-05-2026, 64 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
64 d early
2024
31 d late
2023
48 d late
2022
84 d late
2021
61 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 32 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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 18 September (4 of the last 5 filed years within 35 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, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€34,718▼ 29.7%
2024 · €49,376
Working capital
-€298,139▲ 5.8%
2024 · -€316,439
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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-€20,361-€1,435€131,430▲ 9,058%€69,172▼ 47.4%€53,200▼ 23.1%
Net result-€21,492below the sector's middle half-€1,241within the sector's middle half€131,430above the sector's middle half▲ 10,494%€49,376within the sector's middle half▼ 62.4%€34,718within the sector's middle half▼ 29.7%
Equity-€9,492below the sector's middle half--€8,252below the sector's middle half▲ 13.1%€23,179within the sector's middle half€72,555below the sector's middle half▲ 213%€107,272below the sector's middle half▲ 47.9%
Total assets€205,507within the sector's middle half-€834,769above the sector's middle half▲ 306%€1.5mabove the sector's middle half▲ 85.2%€1.8mwithin the sector's middle half▲ 14.0%€1.6mwithin the sector's middle half▼ 7.5%
Debt€214,999-€843,020▲ 292%€1.5m▲ 80.6%€1.7m▲ 11.0%€1.5m▼ 9.9%
Working capital-€16,323below the sector's middle half--€47,940below the sector's middle half▼ 194%-€213,654below the sector's middle half▼ 346%-€316,439below the sector's middle half▼ 48.1%-€298,139below the sector's middle half▲ 5.8%
Solvency-4.6%below the sector's middle half--1.0%below the sector's middle half▲ 3.6pp1.5%below the sector's middle half▲ 2.5pp4.1%below the sector's middle half▲ 2.6pp6.6%below the sector's middle half▲ 2.5pp
Current ratio0.89below the sector's middle half-0.94within the sector's middle half▲ 0.050.86below the sector's middle half▼ 0.080.81below the sector's middle half▼ 0.050.80below the sector's middle half▼ 0.01
Return on assets (ROA)-10.5%below the sector's middle half-0.1%within the sector's middle half▲ 10.6pp8.5%within the sector's middle half▲ 8.4pp2.8%within the sector's middle half▼ 5.7pp2.1%within the sector's middle half▼ 0.7pp
Staff (FTE)34▲ 33.3%5within the sector's middle half▲ 25.0%5.9within the sector's middle half▲ 18.0%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 23% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.6m
Fixed assets
€404,908 ▲ 4.2%
Current assets
€1.2m ▼ 10.9%
Equity and liabilities €1.6m
Equity
€107,272 ▲ 47.9%
Debt
€1.5m ▼ 9.9%
Debt's share of the balance-sheet total falls from 95.9% to 93.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€114,930▼
2024 · €118,783
Cash flow
€96,448▼
2024 · €98,988
Quick ratio
0.51▼
2024 · 0.52
Debt to equity
14.19▼
2024 · 23.29
ROE
32.4%▼
2024 · 68.1%
Interest coverage
51.12▼
2024 · 246.56
Debt ≤ 1 year
€1.5m▼
2024 · €1.7m
Income taxes
€16,253▼
2024 · €24,674
Staff costs
€248,705▲
2024 · €190,529
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,250 companies that looked in July 2024 the way this one looks now, 2.4% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a profit under 5% of the balance sheet
2.4%
went bankrupt
2.6%
stopped otherwise
94%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.3% 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 1,250 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €96,335 | €171,275 | €190,529 | €248,705 | ▲ 30.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,317 | €9,478 | €59,683 | €49,612 | €61,730 | ▲ 24.4% |
| Other operating charges640/8 | - | €3,251 | €2,055 | €6,911 | €6,096 | ▼ 11.8% |
| Gross operating margin9900 | -€11,044 | €110,499 | €364,444 | €316,223 | €369,731 | ▲ 16.9% |
| Operating profit (loss)9901 | -€20,361 | €1,435 | €131,430 | €69,172 | €53,200 | ▼ 23.1% |
| Financial income75/76B | - | - | - | €5,360 | €19 | ▼ 99.6% |
| Recurring financial income75 | - | - | - | €5,360 | €19 | ▼ 99.6% |
| Financial charges65/66B | €1,131 | €195 | - | €482 | €2,248 | ▲ 367% |
| Recurring financial charges65 | €1,131 | €195 | - | €482 | €2,248 | ▲ 367% |
| Profit (loss) for the period before taxes9903 | -€21,492 | €1,241 | €131,430 | €74,049 | €50,971 | ▼ 31.2% |
| Income taxes67/77 | - | - | - | €24,674 | €16,253 | ▼ 34.1% |
| Profit (loss) for the period9904 | -€21,492 | €1,241 | €131,430 | €49,376 | €34,718 | ▼ 29.7% |
| Profit (loss) for the period to be appropriated9905 | -€21,492 | €1,241 | €131,430 | €49,376 | €34,718 | ▼ 29.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €205,507 | €834,769 | €1.5m | €1.8m | €1.6m | ▼ 7.5% |
| Formation expenses20 | €897 | €766 | €634 | €503 | €503 | = |
| Fixed assets21/28 | €67,745 | €67,295 | €236,199 | €388,491 | €404,908 | ▲ 4.2% |
| Tangible fixed assets22/27 | €67,745 | €67,295 | €236,199 | €378,491 | €369,889 | ▼ 2.3% |
| Plant, machinery and equipment23 | €59,644 | €55,219 | €223,240 | €351,050 | €345,650 | ▼ 1.5% |
| Other tangible fixed assets26 | €8,101 | €12,076 | €12,958 | €27,441 | €24,238 | ▼ 11.7% |
| Financial fixed assets28 | - | - | - | €10,000 | €35,019 | ▲ 250% |
| Current assets29/58 | €136,865 | €766,708 | €1.3m | €1.4m | €1.2m | ▼ 10.9% |
| Stocks and contracts in progress3 | €46,959 | €374,259 | €228,646 | €488,881 | €453,269 | ▼ 7.3% |
| Stocks30/36 | €46,959 | €374,259 | €228,646 | €488,881 | €453,269 | ▼ 7.3% |
| Amounts receivable within one year40/41 | €74,445 | €392,368 | €987,466 | €880,636 | €748,251 | ▼ 15.0% |
| Trade receivables40 | €63,614 | €390,385 | €976,313 | €879,230 | €748,251 | ▼ 14.9% |
| Other amounts receivable41 | €10,831 | €1,983 | €11,153 | €1,406 | - | - |
| Cash at bank and in hand54/58 | €15,461 | €80 | €92,232 | €3,642 | €22,329 | ▲ 513% |
| Deferred charges and accrued income490/1 | - | - | €787 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €205,507 | €834,769 | €1.5m | €1.8m | €1.6m | ▼ 7.5% |
| Equity10/15 | -€9,492 | -€8,252 | €23,179 | €72,555 | €107,272 | ▲ 47.9% |
| Contributions10/11 | - | - | €12,000 | €12,000 | €12,000 | = |
| Reserves13 | €12,000 | €12,000 | - | €2,469 | €2,469 | = |
| Non-distributable reserves130/1 | €12,000 | €12,000 | - | - | - | - |
| Reserves not available under the articles1311 | €12,000 | €12,000 | - | - | - | - |
| Distributable reserves133 | - | - | - | €2,469 | €2,469 | = |
| Profit (loss) carried forward14 | -€21,492 | -€20,252 | €11,179 | €58,086 | €92,804 | ▲ 59.8% |
| Amounts payable17/49 | €214,999 | €843,020 | €1.5m | €1.7m | €1.5m | ▼ 9.9% |
| Amounts payable after more than one year17 | €61,811 | €28,372 | - | - | - | - |
| Financial debts170/4 | €61,811 | €28,372 | - | - | - | - |
| Amounts payable within one year42/48 | €153,189 | €814,648 | €1.5m | €1.7m | €1.5m | ▼ 9.9% |
| Current portion of amounts payable after more than one year42 | €32,787 | €33,438 | €25,305 | - | - | - |
| Financial debts43 | - | €751 | - | - | - | - |
| Credit institutions430/8 | - | €751 | - | - | - | - |
| Trade debts44 | €71,402 | €752,234 | €1.3m | €1.6m | €1.4m | ▼ 9.7% |
| Suppliers440/4 | €71,402 | €752,234 | €1.3m | €1.6m | €1.4m | ▼ 9.7% |
| Taxes, remuneration and social security45 | - | €28,225 | €61,774 | €95,068 | €82,413 | ▼ 13.3% |
| Taxes450/3 | - | €19,626 | €38,758 | €68,040 | €78,834 | ▲ 15.9% |
| Remuneration and social security454/9 | - | €8,599 | €23,016 | €27,027 | €3,579 | ▼ 86.8% |
| Other amounts payable47/48 | €49,000 | - | €100,000 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€21,492 | €1,241 | €131,430 | €49,376 | €34,718 | ▼ 29.7% |
| + Depreciation and write-downs630 | €9,317 | €9,478 | €59,683 | €49,612 | €61,730 | ▲ 24.4% |
| Operating cash flow (approximation) | -€12,175 | €10,719 | €191,114 | €98,988 | €96,448 | ▼ 2.6% |
| Investment in fixed assets (approximation) | - | -€9,028 | -€228,587 | -€201,904 | -€78,147 | ▲ 61.3% |
| Change in cash | - | -€15,381 | €92,152 | -€88,590 | €18,687 | ▲ 121% |
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
28-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Equity above €100,000Eq €107,272 ▲47.9%
4 profitable years in a row build equity to €107,272.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 31 days late
2024
17-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 48 days late
2023
31-12
Financial
Highest result since 2021net €131,430 ▲10,494%
Operating result €131,430, net result €131,430, both a record.
23-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 84 days late
2022
31-12
Financial
Back to profitnet €1,241
Net result €1,241 after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Sint-Jans-Molenbeek · 1 establishment unit since 2024
Ground area
10.1 ha
Building footprint
1.5 ha
Volume, LiDAR
29,326 m³
2 parcels, Brussels, Flanders · tallest building 32.9 m, ±1 floor. Linked by address, not a title deed.
22
companies at this address
See who is registered here
1 establishment unit
P-CENTRALE
since 20242.357.708.229
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11809I2651/00V000 | Flanders | 9.7 ha | 1 · 1.2 ha | - |
| 21524C0070/00C002 | Brussels | 4,232 m² | 1 · 2,812 m² | 32.9 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.357.708.229
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Of 1,424 companies in sector 46389 we hold annual accounts for 856. 566 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
Founded24-03-2021
Fiscal year end31-12
Activities, NACEBEL 2025
46389Wholesale of other food products
46391Wholesale trade
46392Non-specialised wholesale
E-invoicing
Reachable via Peppol
Peppol ID
0208:0765622186
Also
9925:BE0765622186
Registered
12-03-2026
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.