P & G TEAM
ActiveSummary
P & G TEAM has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €380k and a net result of €39k. Equity is growing by ~43.8% per year across the filed fiscal years. Its solvency ranks better than 34% of 15869 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▼-6
Solvency44▼-10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days only on tighter terms
Liquidity tight (current ratio 1.22 against 1.41 in 2023; short-term debt: 81.2% and cash: 1% of total assets), and 81.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 · 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
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-07-2026, 351 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
351 d late
2023
129 d late
2022
176 d late
2021
126 d late
2020
121 d late
2019
122 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€380k▲ 11.3%
2023 · €342k
2018: €55k
2019: €57k
2020: €69k
2021: €148k
2022: €268k
2023: €342k
2018 → 2024
Total assets
€2.02M▲ 71.9%
2023 · €1.18M
2018: €232k
2019: €257k
2020: €426k
2021: €908k
2022: €717k
2023: €1.18M
2018 → 2024
Net result
€39k▼ 47.6%
2023 · €74k
2018: €21k
2019: €14k
2020: €11k
2021: €79k
2022: €120k
2023: €74k
2018 → 2024
Working capital
€357k▲ 5.5%
2023 · €338k
2018: €89k
2019: €78k
2020: €62k
2021: €147k
2022: €268k
2023: €338k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€69k-€148k▲ 115%€268k▲ 81.5%€342k▲ 27.5%€380k▲ 11.3%
Operating result€15k-€87k▲ 467%€123k▲ 40.3%€74k▼ 39.3%€53k▼ 29.1%
Net result€11k-€79k▲ 591%€120k▲ 52.1%€74k▼ 38.7%€39k▼ 47.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 29% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.02M
Fixed assets
€23k ▲ 623%
Current assets
€2.00M ▲ 70.4%
Equity and liabilities €2.02M
Equity
€380k ▲ 11.3%
Debt
€1.64M ▲ 96.7%
Debt's share of the balance-sheet total rises from 70.9% to 81.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€57k▼
2023 · €75k
Cash flow
€43k▼
2023 · €75k
Current ratio
1.22▼
2023 · 1.41
Quick ratio
1.04▼
2023 · 1.09
Debt to equity
4.31▲
2023 · 2.44
ROE
10.2%▼
2023 · 21.6%
ROA
1.9%▼
2023 · 6.3%
Interest coverage
218.87▲
2023 · 97.89
Debt ≤ 1 year
€1.64M▲
2023 · €834k
Income taxes
€14k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.18M€2.02M▲
Fixed assets21/28€3k€23k▲
Tangible fixed assets22/27€3k€23k▲
Furniture and vehicles24€3k€23k▲
Financial fixed assets28€135€135=
Current assets29/58€1.17M€2.00M▲
Stocks and contracts in progress3€261k€289k▲
Stocks30/36€261k€289k▲
Amounts receivable within one year40/41€742k€1.69M▲
Trade receivables40€666k€739k▲
Other amounts receivable41€76k€949k▲
Cash at bank and in hand54/58€169k€20k▼
Deferred charges and accrued income490/1€1k€1k=
Equity and liabilities
Total equity and liabilities10/49€1.18M€2.02M▲
Equity10/15€342k€380k▲
Contributions10/11€75k€75k=
Reserves13€33k€33k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Distributable reserves133€30k€30k=
Profit (loss) carried forward14€233k€272k▲
Amounts payable17/49€834k€1.64M▲
Amounts payable within one year42/48€834k€1.64M▲
Financial debts43€232€232=
Credit institutions430/8€232€232=
Trade debts44€830k€828k▼
Suppliers440/4€830k€828k▼
Taxes, remuneration and social security45€3k€812k▲
Taxes450/3€3k€812k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€993€5k▲
Other operating charges640/8€848€570▼
Non-recurring operating charges66A€490-
Gross operating margin9900€77k€58k▼
Operating profit (loss)9901€74k€53k▼
Financial charges65/66B€771€262▼
Recurring financial charges65€771€262▼
Profit (loss) for the period before taxes9903€74k€53k▼
Income taxes67/77-€14k
Profit (loss) for the period9904€74k€39k▼
Profit (loss) for the period to be appropriated9905€74k€39k▼
Appropriation of the result
Profit (loss) to be appropriated9906€233k€272k▲
Profit (loss) brought forward from the previous period14P€160k€233k▲
Transfer to equity691/2€0€0=
To contributions691€0€0=
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 351 days late
2024
07-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 129 days late
23-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 176 days late
2022
31-12
Financial
Highest result since 2018net €120k ▲52.1%
Operating result €123k, net result €120k, both a record.
31-12
Financial
Equity above €200kEq €268k ▲81.5%
5 profitable years in a row build equity to €268k.
04-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 126 days late
2021
31-12
Financial
Equity above €100kEq €148k ▲115%
4 profitable years in a row build equity to €148k.
29-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 121 days late
2020
31-12
Financial
Weakest financial yearnet €11k ▼18.3%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
19-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 80 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 59 days late
2016
09-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 40 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Denderleeuw · 1 establishment unit since 1982
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.
Bosstraat 11A9470 DenderleeuwGround area
385 m²
Building footprint
105 m²
Volume, LiDAR
811 m³
Parcel 41011A0258/00F000, Flanders · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
P & G TEAM
since 19822.020.298.776
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41011A0258/00F000 | Flanders | 385 m² | 1 · 105 m² | 10.2 m · 3 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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SERVICE AND DISTRIBUTION COMPANY SOBELTOP SERVICE
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Of 2,128 companies in sector 46711 we hold annual accounts for 1,126. 699 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-03-1982
Fiscal year end31-12
Activities, NACEBEL 2025
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
47551Retail sale of household furniture
47552Retail sale of lighting equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 43 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.