P.M Journey

Active

Private limited companyfounded 20241 yr activePaul de Smet de Naeyerstraat 34, 8430 Middelkerke, BelgiumKBO/BCE: BE 1015.389.466

P.M Journey has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36k and a net result of €20k. Its solvency ranks better than 64% of 7723 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

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Checked score

Score 2025

88 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency92▲+12

Growth78

Track record82

Bankruptcy probability, 12 months

0.5% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €3k at 30 days acceptable

Liquidity ample (current ratio 3.0 against 2.23 in 2024; short-term debt: 33.4% and cash: 73.2% of total assets), and 33.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 82

Relative position

BE, all sectors

reference

Sector 82

lower

← fewer bankruptcies more bankruptcies →

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

66.6%

Return on assets

36.4%

Age of the figures

9 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

2 d early

2024

35 d early

← before the deadline after the deadline →

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 months

Position in the running window

19-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€36k▲ 120%

2024 · €17k

2024: €17k

2024 → 2025

Total assets

€55k▲ 82.1%

2024 · €30k

2024: €30k

2024 → 2025

Net result

€20k▲ 36.6%

2024 · €15k

2024: €15k

2024 → 2025

Working capital

€36k▲ 120%

2024 · €17k

2024: €17k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€17k-€36k▲ 120%

Operating result€18k-€29k▲ 58.5%

Net result€15k-€20k▲ 36.6%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result rises in 2025; 2025 is 59% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Equity and liabilities €55k

66.6%

33.4%

Equity €36k▲ 120%

Debt €18k▲ 35.4%

The debt ratio falls from 44.9% to 33.4%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

Solvency

66.6%▲

2024 · 55.1%

Current ratio

3.00▲

2024 · 2.23

Quick ratio

3.00▲

2024 · 2.23

Debt / equity

0.50▼

2024 · 0.81

ROE

54.6%▼

2024 · 87.9%

ROA

36.4%▼

2024 · 48.5%

Debt

€18k▲

2024 · €13k

Debt ≤ 1 year

€18k▲

2024 · €13k

Income taxes

€9k▲

2024 · €4k

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€30k€55k▲

Current assets29/58€30k€55k▲

Amounts receivable within one year40/41€12k€14k▲

Trade receivables40€12k€7k▼

Other amounts receivable41€242€7k▲

Cash at bank and in hand54/58€17k€40k▲

Deferred charges and accrued income490/1€377€436▲

Equity and liabilities

Total equity and liabilities10/49€30k€55k▲

Equity10/15€17k€36k▲

Contributions10/11€2k€2k=

Reserves13€15k€34k▲

Distributable reserves133€15k€34k▲

Amounts payable17/49€13k€18k▲

Amounts payable within one year42/48€13k€18k▲

Trade debts44€2k€492▼

Suppliers440/4€2k€492▼

Taxes, remuneration and social security45€12k€18k▲

Taxes450/3€12k€18k▲

Income statement Code20242025

Other operating charges640/8€447€790▲

Gross operating margin9900€19k€30k▲

Operating profit (loss)9901€18k€29k▲

Financial income75/76B€113€390▲

Recurring financial income75€113€390▲

Financial charges65/66B€87€872▲

Recurring financial charges65€87€872▲

Profit (loss) for the period before taxes9903€18k€29k▲

Income taxes67/77€4k€9k▲

Profit (loss) for the period9904€15k€20k▲

Profit (loss) for the period to be appropriated9905€15k€20k▲

Appropriation of the result

Profit (loss) to be appropriated9906€15k€20k▲

Transfer to equity691/2€15k€20k▲

To other reserves6921€15k€20k▲

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 2Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

29-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

26-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

NBB filing

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, Middelkerke · 1 establishment unit since 2024

establishment The establishment unit on the map

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.

Paul de Smet de Naeyerstraat 348430 Middelkerke

Ground area

610 m²

Building footprint

729 m²

Volume, LiDAR

12,672 m³

Parcel 35011B0180/00V081, Flanders · tallest building 28.7 m, ±8 floors. Linked by address, not a title deed.

1 establishment unit

P.M Journey

Paul de Smet de Naeyerstraat 34, 8430 MiddelkerkeFinancial service activities, except insurance and pension funding

since 20242.365.553.153

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
35011B0180/00V081	Flanders	609 m²	1 · 729 m²	28.7 m · 8 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.

Similar companies · same sector, comparable size

Of 24,501 companies in sector 82990 we hold annual accounts for 9,402. 6,586 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded22-10-2024

Fiscal year end31-12

Activities, NACEBEL

82990Other business support services

85592Vocational training

96022Beauty treatment

96220Beauty care and other beauty treatments

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.