P.S.J.
ActiveP.S.J. has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €973k and a net result of €143k. Equity is growing by ~15.2% per year across the filed fiscal years. Its solvency ranks better than 57% of 1026 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-3
Solvency77▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 2.85 against 2.5 in 2024; short-term debt: 25.3% and cash: 30% of total assets), and 47.8% of the assets are financed with debt.
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
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
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
52.2%
Return on assets
7.7%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
42 d early
2023
32 d early
2022
31 d early
2021
44 d early
2020
72 d early
2019
45 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€973k=
2024 · €973k
2018: €325k
2019: €418k
2020: €476k
2021: €636k
2022: €790k
2023: €911k
2024: €973k
2018 → 2025
Total assets
€1.86M▲ 1.7%
2024 · €1.83M
2018: €1.04M
2019: €1.43M
2020: €1.49M
2021: €1.43M
2022: €2.06M
2023: €1.95M
2024: €1.83M
2018 → 2025
Net result
€143k▼ 17.6%
2024 · €174k
2018: €90k
2019: €93k
2020: €58k
2021: €160k
2022: €263k
2023: €192k
2024: €174k
2018 → 2025
Working capital
€871k▲ 22.9%
2024 · €709k
2018: €254k
2019: €271k
2020: €144k
2021: €416k
2022: €188k
2023: €698k
2024: €709k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€636k-€790k▲ 24.2%€911k▲ 15.4%€973k▲ 6.8%€973k=
Operating result€240k-€355k▲ 48.4%€283k▼ 20.4%€225k▼ 20.3%€192k▼ 14.8%
Net result€160k-€263k▲ 64.1%€192k▼ 26.8%€174k▼ 9.7%€143k▼ 17.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 15% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.86M
Fixed assets
€523k▼ 19.7%
Current assets
€1.34M▲ 13.5%
Equity and liabilities €1.86M
Equity
€973k=
Debt
€892k▲ 3.7%
The debt ratio rises from 46.9% to 47.8%. Debt is higher.
Key figures and ratios
EBITDA
€321k▼
2024 · €356k
Cash flow
€273k▼
2024 · €305k
Solvency
52.2%▼
2024 · 53.1%
Current ratio
2.85▲
2024 · 2.50
Quick ratio
2.60▲
2024 · 2.30
Debt / equity
0.92▲
2024 · 0.88
ROE
14.7%▼
2024 · 17.9%
ROA
7.7%▼
2024 · 9.5%
Interest coverage
38.25▲
2024 · 38.08
Debt
€892k▲
2024 · €860k
Debt ≤ 1 year
€471k▼
2024 · €474k
Debt > 1 year
€261k▼
2024 · €384k
Income taxes
€49k▼
2024 · €50k
Staff costs
€82k▼
2024 · €114k
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€1.83M€1.86M▲
Fixed assets21/28€651k€523k▼
Tangible fixed assets22/27€651k€523k▼
Land and buildings22€194k€172k▼
Plant, machinery and equipment23€360k€281k▼
Furniture and vehicles24€96k€70k▼
Financial fixed assets28€135€0▼
Current assets29/58€1.18M€1.34M▲
Stocks and contracts in progress3€94k€119k▲
Stocks30/36€94k€119k▲
Amounts receivable within one year40/41€280k€363k▲
Trade receivables40€270k€293k▲
Other amounts receivable41€9k€70k▲
Current investments50/53€300k€300k=
Cash at bank and in hand54/58€509k€560k▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€1.83M€1.86M▲
Equity10/15€973k€973k=
Contributions10/11€40k€40k=
Reserves13€933k€933k=
Distributable reserves133€933k€933k=
Profit (loss) carried forward14€0€0=
Amounts payable17/49€860k€892k▲
Amounts payable after more than one year17€384k€261k▼
Financial debts170/4€384k€261k▼
Amounts payable within one year42/48€474k€471k▼
Current portion of amounts payable after more than one year42€133k€123k▼
Trade debts44€169k€192k▲
Suppliers440/4€169k€192k▲
Taxes, remuneration and social security45€15k€8k▼
Taxes450/3€5k€1k▼
Remuneration and social security454/9€11k€7k▼
Other amounts payable47/48€156k€147k▼
Accrued charges and deferred income492/3€2k€159k▲
Income statement
Code20242025
Remuneration, social security and pensions62€114k€82k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€131k€129k▼
Other operating charges640/8€11k€12k▲
Gross operating margin9900€481k€415k▼
Operating profit (loss)9901€225k€192k▼
Financial income75/76B€8k€9k▲
Recurring financial income75€8k€9k▲
Financial charges65/66B€9k€8k▼
Recurring financial charges65€9k€8k▼
Profit (loss) for the period before taxes9903€224k€193k▼
Income taxes67/77€50k€49k▼
Profit (loss) for the period9904€174k€143k▼
Profit (loss) for the period to be appropriated9905€174k€143k▼
Appropriation of the result
Profit (loss) to be appropriated9906€174k€143k▼
Transfer from equity791/2€112k€0▼
Transfer to equity691/2€174k€0▼
To other reserves6921€174k€0▼
Profit to be distributed694/7€112k€143k▲
Return on contributions (dividend)694€112k€143k▲
Social balance
Average headcount (FTE)90873.71.7▼
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
19-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Highest result since 2018net €263k ▲64.1%
Operating result €355k, net result €263k, both a record.
17-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Equity above €500kEq €636k ▲33.7%
4 profitable years in a row build equity to €636k.
17-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Weakest financial yearnet €58k ▼38.3%
Net result drops to €58k, the lowest in the series; recovery starts the following year.
16-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
19-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
08-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Dessel · 1 establishment unit since 2003
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.
Zandbergen 1072480 DesselGround area
2,910 m²
Building footprint
1,514 m²
Volume, LiDAR
12,068 m³
Parcel 13006F0004/00B006, Flanders · tallest building 9.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
P.S.J.
since 20032.132.939.334
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13006F0004/00B006 | Flanders | 2,910 m² | 1 · 1,514 m² | 9.0 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.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 596 EUR awarded · 499 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 143 EUR | 499 EUR |
| 2023 | 1 | 453 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
3 categoriesP.S.J. BV41138
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GIJMACON ALUMINIUM CONSTRUCTIES
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Of 3,988 companies in sector 25110 we hold annual accounts for 2,148. 1,353 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-08-2003
Fiscal year end30-09
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
25401Forging of metal
28110
25120Manufacture of fabricated metal products, except machinery and equipment
25530Machining of metals
28120
28520
43320Joinery installation
45422
71340
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.