P.F & CO
ActiveThe computed 12-month bankruptcy probability of P.F & CO is 2.6% (moderate). The 2024 annual accounts show equity of €226k and a net result of €-65k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 90% of 36376 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
54
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-100
Solvency100▲+7
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 6.25 against 2.82 in 2023; short-term debt: 14.8% and cash: 26.4% of total assets), and 14.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
85.2%
Return on assets
-24.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-07-2025, 2 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
2 d early
2023
237 d late
2022
583 d late
2021
913 d late
2020
1271 d late
2019
489 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€226k▼ 22.3%
2023 · €291k
2019: €5k
2020: €2k
2021: €-10k
2022: €115k
2023: €291k
2019 → 2024
Total assets
€265k▼ 38.4%
2023 · €430k
2019: €21k
2020: €23k
2021: €11k
2022: €144k
2023: €430k
2019 → 2024
Net result
€-65k
2023 · €206k
2019: €-1k
2020: €-3k
2021: €-12k
2022: €124k
2023: €206k
2019 → 2024
Working capital
€205k▼ 19.2%
2023 · €254k
2019: €5k
2020: €2k
2021: €-16k
2022: €75k
2023: €254k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€2k-€-10k€115k€291k▲ 153%€226k▼ 22.3%
Operating result€-2k-€9k€161k▲ 1,664%€310k▲ 92.5%€-67k
Net result€-3k-€-12k▼ 363%€124k€206k▲ 65.7%€-65k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €67k after €310k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €265k
Fixed assets
€20k▼ 43.7%
Current assets
€245k▼ 37.9%
Equity and liabilities €265k
Equity
€226k▼ 22.3%
Debt
€39k▼ 71.9%
The debt ratio falls from 32.4% to 14.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-49k▼
2023 · €329k
Cash flow
€-47k▼
2023 · €225k
Solvency
85.2%▲
2023 · 67.6%
Current ratio
6.25▲
2023 · 2.82
Quick ratio
6.25▲
2023 · 2.82
Debt / equity
0.17▼
2023 · 0.48
ROE
-28.7%▼
2023 · 70.8%
ROA
-24.5%▼
2023 · 47.9%
Interest coverage
-9.99▼
2023 · 88.52
Debt
€39k▼
2023 · €140k
Debt ≤ 1 year
€39k▼
2023 · €140k
Staff costs
€78k▲
2023 · €43k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€430k€265k▼
Fixed assets21/28€36k€20k▼
Tangible fixed assets22/27€36k€20k▼
Furniture and vehicles24€36k€20k▼
Financial fixed assets28-€800
Current assets29/58€394k€245k▼
Amounts receivable within one year40/41€181k€175k▼
Trade receivables40€56k€29k▼
Other amounts receivable41€125k€146k▲
Cash at bank and in hand54/58€213k€70k▼
Deferred charges and accrued income490/1€21€0▼
Equity and liabilities
Total equity and liabilities10/49€430k€265k▼
Equity10/15€291k€226k▼
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Other1109/19€6k€6k=
Profit (loss) carried forward14€285k€220k▼
Amounts payable17/49€140k€39k▼
Amounts payable within one year42/48€140k€39k▼
Trade debts44€2k-
Suppliers440/4€2k€0▼
Taxes, remuneration and social security45€116k€39k▼
Taxes450/3€116k€39k▼
Remuneration and social security454/9€30€52▲
Other amounts payable47/48€21k-
Accrued charges and deferred income492/3-€55
Income statement
Code20232024
Remuneration, social security and pensions62€43k€78k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€18k▼
Other operating charges640/8€4k€2k▼
Gross operating margin9900€375k€31k▼
Operating profit (loss)9901€310k€-67k▼
Financial income75/76B€8k€7k▼
Recurring financial income75€8k€7k▼
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€314k€-65k▼
Income taxes67/77€108k-
Profit (loss) for the period9904€206k€-65k▼
Profit (loss) for the period to be appropriated9905€206k€-65k▼
Appropriation of the result
Profit (loss) to be appropriated9906€315k€220k▼
Profit (loss) brought forward from the previous period14P€109k€285k▲
Profit to be distributed694/7€30k-
Return on contributions (dividend)694€30k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
25-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 237 days late
05-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 583 days late
29-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 913 days late
22-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1271 days late
2024
31-12
Financial
Weakest financial yearnet €-65k ▼132%
Net result drops to €-65k, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 6.25
Current ratio from 2.82 to 6.25; short-term debt falls from €140k to €39k.
2023
31-12
Financial
Highest result since 2019net €206k ▲65.7%
Operating result €310k, net result €206k, both a record.
31-12
Financial
Equity above €200kEq €291k ▲153%
2 profitable years in a row build equity to €291k.
2022
31-12
Financial
Back to profitnet €124k
Net result €124k after 3 loss-making years.
31-12
Financial
Liquidity times 16current ratio 3.56
Current ratio from 0.22 to 3.56.
31-12
Financial
Equity above €100kEq €115k
Equity rises from €-10k to €115k.
2021
02-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 489 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Sint-Pieters-Leeuw · 1 establishment unit since 2019
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.
Jagersdal 81600 Sint-Pieters-LeeuwGround area
780 m²
Building footprint
182 m²
Volume, LiDAR
706 m³
Parcel 23077B0140/00V000, Flanders · tallest building 7.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
P.F & CO
since 20192.290.101.308
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23077B0140/00V000 | Flanders | 780 m² | 1 · 182 m² | 7.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,328. 8,084 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-04-2019
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43410Roofing work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.