P-TEC TECHNICAL SOLUTIONS
Dissolved and wound up on 11-05-2026Financials · financial year 2024, micro format
Annual accounts 2024 filed on 01-07-2025 PDF all 19 filings
Turnover
≈ €120,000
Estimated: probably between €55,000 and €290,000
Total assets
€132,885▼ 9.1%
2023 · €146,172
Net result
€10,079▼ 48.1%
2023 · €19,427
Working capital
€121,601▼ 12.9%
2023 · €139,580
Multi-year overview
2018 to 2024, 7 financial yearsOperating result
€15,225
▼ 41.7%
2024
20182024
Net result
€10,079
▼ 48.1%
2024
20182024
Equity
€121,601
▼ 12.9%
2024
20182024
Total assets
€132,885
▼ 9.1%
2024
20182024
Debt
€11,284
▲ 71.2%
2024
20182024
Working capital
€121,601
▼ 12.9%
2024
20182024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result€44,053-€48,250▲ 9.5%€38,935▼ 19.3%€22,532▼ 42.1%€27,592▲ 22.5%€26,133▼ 5.3%€15,225▼ 41.7%
Net result€28,076-€31,061▲ 10.6%€26,699▼ 14.0%€15,506▼ 41.9%€18,810▲ 21.3%€19,427▲ 3.3%€10,079▼ 48.1%
Equity€99,129-€130,190▲ 31.3%€156,889▲ 20.5%€151,936▼ 3.2%€170,746▲ 12.4%€139,580▼ 18.3%€121,601▼ 12.9%
Total assets€105,474-€136,465▲ 29.4%€175,723▲ 28.8%€153,345▼ 12.7%€177,136▲ 15.5%€146,172▼ 17.5%€132,885▼ 9.1%
Debt€6,344-€6,275▼ 1.1%€18,834▲ 200%€1,409▼ 92.5%€6,390▲ 353%€6,592▲ 3.2%€11,284▲ 71.2%
Working capital€99,129-€130,190▲ 31.3%€156,889▲ 20.5%€151,936▼ 3.2%€170,746▲ 12.4%€139,580▼ 18.3%€121,601▼ 12.9%
The operating result for 2024 is 42% lower than in 2023 and the lowest since 2018. It is the second fall in a row.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €132,885
Equity
€121,601 ▼ 12.9%
Debt
€11,284 ▲ 71.2%
Debt's share of the balance-sheet total rises from 4.5% to 8.5%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
11.78▼
2023 · 22.17
Quick ratio
9.25▼
2023 · 17.12
Debt to equity
0.09▲
2023 · 0.05
ROE
8.3%▼
2023 · 13.9%
ROA
7.6%▼
2023 · 13.3%
Debt ≤ 1 year
€11,284▲
2023 · €6,592
Income taxes
€5,544▼
2023 · €9,108
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €449 | €450 | €493 | €505 | ▲ 2.4% |
| Gross operating margin9900 | €44,548 | €48,748 | €39,382 | €22,980 | €28,041 | €26,627 | €15,731 | ▼ 40.9% |
| Operating profit (loss)9901 | €44,053 | €48,250 | €38,935 | €22,532 | €27,592 | €26,133 | €15,225 | ▼ 41.7% |
| Financial income75/76B | - | - | - | €483 | €260 | €2,502 | €621 | ▼ 75.2% |
| Recurring financial income75 | €303 | €275 | €486 | €483 | €260 | €2,502 | €621 | ▼ 75.2% |
| Financial charges65/66B | - | - | - | €139 | €101 | €100 | €223 | ▲ 122% |
| Recurring financial charges65 | €192 | €77 | €70 | €139 | €101 | €100 | €223 | ▲ 122% |
| Profit (loss) for the period before taxes9903 | €44,164 | €48,448 | €39,350 | €22,876 | €27,750 | €28,535 | €15,623 | ▼ 45.2% |
| Income taxes67/77 | €16,088 | €17,387 | €12,652 | €7,369 | €8,940 | €9,108 | €5,544 | ▼ 39.1% |
| Profit (loss) for the period9904 | €28,076 | €31,061 | €26,699 | €15,506 | €18,810 | €19,427 | €10,079 | ▼ 48.1% |
| Profit (loss) for the period to be appropriated9905 | €28,076 | €31,061 | €26,699 | €15,506 | €18,810 | €19,427 | €10,079 | ▼ 48.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €105,474 | €136,465 | €175,723 | €153,345 | €177,136 | €146,172 | €132,885 | ▼ 9.1% |
| Current assets29/58 | €105,474 | €136,465 | €175,723 | €153,345 | €177,136 | €146,172 | €132,885 | ▼ 9.1% |
| Stocks and contracts in progress3 | €21,386 | €19,272 | €28,897 | €34,423 | €33,925 | €33,349 | €28,522 | ▼ 14.5% |
| Stocks30/36 | - | - | - | €34,423 | €33,925 | €33,349 | €28,522 | ▼ 14.5% |
| Amounts receivable within one year40/41 | €41,639 | €5,689 | €16,712 | €22,218 | €15,756 | €11,113 | €7,095 | ▼ 36.2% |
| Trade receivables40 | - | - | - | €16,337 | €15,756 | €11,113 | €7,095 | ▼ 36.2% |
| Other amounts receivable41 | - | - | - | €5,881 | - | - | - | - |
| Cash at bank and in hand54/58 | €42,292 | €111,391 | €126,743 | €96,595 | €127,359 | €101,556 | €94,564 | ▼ 6.9% |
| Deferred charges and accrued income490/1 | - | - | - | €110 | €96 | €154 | €2,704 | ▲ 18× |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €105,474 | €136,465 | €175,723 | €153,345 | €177,136 | €146,172 | €132,885 | ▼ 9.1% |
| Equity10/15 | €99,129 | €130,190 | €156,889 | €151,936 | €170,746 | €139,580 | €121,601 | ▼ 12.9% |
| Contributions10/11 | €18,600 | €18,600 | - | €1 | €1 | €1 | €1 | = |
| Reserves13 | €80,529 | €111,590 | €138,289 | €151,935 | €170,745 | €139,579 | €121,600 | ▼ 12.9% |
| Distributable reserves133 | - | - | - | €151,935 | €170,745 | €139,579 | €121,600 | ▼ 12.9% |
| Amounts payable17/49 | €6,344 | €6,275 | €18,834 | €1,409 | €6,390 | €6,592 | €11,284 | ▲ 71.2% |
| Amounts payable within one year42/48 | €6,344 | €6,275 | €18,834 | €1,409 | €6,390 | €6,592 | €11,284 | ▲ 71.2% |
| Trade debts44 | €4,263 | €3,067 | €18,826 | €870 | €2,345 | €831 | €6,180 | ▲ 644% |
| Suppliers440/4 | - | - | - | €870 | €2,345 | €831 | €6,180 | ▲ 644% |
| Taxes, remuneration and social security45 | - | - | - | €539 | €4,045 | €3,361 | €1,359 | ▼ 59.6% |
| Taxes450/3 | - | - | - | €539 | €4,045 | €3,361 | €1,359 | ▼ 59.6% |
| Other amounts payable47/48 | - | - | - | - | - | €2,400 | €3,744 | ▲ 56.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28,076 | €31,061 | €26,699 | €15,506 | €18,810 | €19,427 | €10,079 | ▼ 48.1% |
| Operating cash flow (approximation) | €28,076 | €31,061 | €26,699 | €15,506 | €18,810 | €19,427 | €10,079 | ▼ 48.1% |
| Change in cash | - | €69,099 | €15,352 | -€30,148 | €30,764 | -€25,803 | -€6,992 | ▲ 72.9% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 19 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 01-07-2025 | 2025-00211696 | |
| 31-12-2023 | micro format | 03-07-2024 | 2024-00199876 | |
| 31-12-2022 | micro format | 17-07-2023 | 2023-00242447 | |
| 31-12-2021 | micro format | 01-07-2022 | 2022-20159092 | |
| 31-12-2020 | micro format | 24-06-2021 | 2021-24300241 | |
| 31-12-2019 | micro format | 09-07-2020 | 2020-28300498 | |
| 31-12-2018 | micro format | 17-07-2019 | 2019-33300325 | |
| 31-12-2017 | abbreviated format | 16-07-2018 | 2018-32700136 | |
| 31-12-2016 | abbreviated format | 20-07-2017 | 2017-34400501 | |
| 31-12-2015 | abbreviated format | 05-07-2016 | 2016-28500224 |