P.M. ELECTRIC
BankruptcyThe KBO register records for P.M. ELECTRIC the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2017 annual accounts show equity of €86k and a net result of €99k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 09-04-2018, 113 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Financials · fiscal year 2017, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€99k▲ 358%
2016 · €22k
2015: €-54k
2016: €22k
2015 → 2017
Working capital
€102k
2016 · €-72k
2015: €-48k
2016: €-72k
2015 → 2017
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201520162017Trend
Equity€-35k-€-13k▲ 62.0%€86k
Operating result€-12k-€36k€164k▲ 357%
Net result€-54k-€22k€99k▲ 358%
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2017 is 357% above 2016 and is the highest year so far.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €337k
Fixed assets
€37k▼ 43.2%
Current assets
€300k▲ 49.1%
Equity and liabilities €337k
Equity
€86k
Debt
€251k
Debt finances 74.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€188k▲
2016 · €73k
Cash flow
€124k▲
2016 · €59k
Solvency
25.5%▲
2016 · -5.0%
Current ratio
1.51▲
2016 · 0.74
Quick ratio
1.51▲
2016 · 0.74
Debt / equity
0.54▲
2016 · -0.40
ROE
115.5%▲
2016 · -163.1%
ROA
29.4%▲
2016 · 8.1%
Debt
€251k▼
2016 · €279k
Debt ≤ 1 year
€199k▼
2016 · €274k
Debt > 1 year
€46k▲
2016 · €5k
Income taxes
€55k
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 · 2017 against 2016
Balance sheet
Code20162017
Assets
Total assets20/58€266k€337k▲
Fixed assets21/28€65k€37k▼
Tangible fixed assets22/27€64k€36k▼
Financial fixed assets28€700€835▲
Current assets29/58€201k€300k▲
Amounts receivable within one year40/41€201k€217k▲
Cash at bank and in hand54/58-€82k
Equity and liabilities
Total equity and liabilities10/49€266k€337k▲
Equity10/15€-13k€86k▲
Contributions10/11€19k€19k=
Reserves13-€99k
Profit (loss) carried forward14€-32k€-31k▲
Amounts payable17/49€279k€251k▼
Amounts payable after more than one year17€5k€46k▲
Amounts payable within one year42/48€274k€199k▼
Trade debts44€197k€120k▼
Income statement
Code20162017
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€24k▼
Gross operating margin9900€121k€237k▲
Operating profit (loss)9901€36k€164k▲
Recurring financial income75€248€396▲
Recurring financial charges65€8k€9k▲
Profit (loss) for the period before taxes9903€22k€155k▲
Income taxes67/77-€55k
Profit (loss) for the period9904€22k€99k▲
Profit (loss) for the period to be appropriated9905€22k€99k▲
Timeline · acts, filings and financial milestones
2018
09-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-12
Financial
Highest result since 2015net €99k ▲358%
Operating result €164k, net result €99k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.51
Current ratio from 0.74 to 1.51; short-term debt falls from €274k to €199k.
27-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
01-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 123 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Amel · 1 establishment unit since 2017
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.
Born,Rechter Straße 64770 Amel1 establishment unit
P.M. Electric & Assembly
since 20172.262.642.091
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,326. 8,815 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded25-06-2014
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
25110Manufacture of metal structures and parts of structures
25220Manufacture of fabricated metal products, except machinery and equipment
25530Machining of metals
28220Manufacture of machinery and equipment not elsewhere classified
42220Construction of utility projects for electricity and telecommunications
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filings
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@pm-electric.be