P14K
ActiveSummary
P14K has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €110,156 and a net result of €61,541. Equity is growing by ~21.5% per year across the filed fiscal years. Its solvency ranks better than 82% of 7081 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record94
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 6.14 against 4.78 in 2024; short-term debt: 15.9% and cash: 84.2% of total assets), and 15.9% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
84.1%
Return on assets
47%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 08-12-2025, 54 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
54 d early
2024
56 d early
2023
57 d early
2022
50 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 54 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€110,156▲ 14.1%
2024 · €96,530
Total assets
€130,922▲ 7.7%
2024 · €121,586
Net result
€61,541▲ 21.5%
2024 · €50,670
Working capital
€106,706▲ 12.5%
2024 · €94,817
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€67,709-€108,233▲ 59.9%€66,968▼ 38.1%€86,530▲ 29.2%
Net result€47,916above the sector's middle half-€82,230above the sector's middle half▲ 71.6%€50,670above the sector's middle half▼ 38.4%€61,541above the sector's middle half▲ 21.5%
Equity€52,916within the sector's middle half-€78,003within the sector's middle half▲ 47.4%€96,530within the sector's middle half▲ 23.8%€110,156within the sector's middle half▲ 14.1%
Total assets€82,264within the sector's middle half-€139,889within the sector's middle half▲ 70.0%€121,586within the sector's middle half▼ 13.1%€130,922within the sector's middle half▲ 7.7%
Debt€29,348-€61,886▲ 111%€25,055▼ 59.5%€20,766▼ 17.1%
Working capital€51,912-€75,731▲ 45.9%€94,817▲ 25.2%€106,706▲ 12.5%
Solvency64.3%within the sector's middle half-55.8%within the sector's middle half▼ 8.6pp79.4%above the sector's middle half▲ 23.6pp84.1%above the sector's middle half▲ 4.7pp
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 29% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €130,922
Fixed assets
€3,450 ▲ 101%
Current assets
€127,472 ▲ 6.3%
Equity and liabilities €130,922
Equity
€110,156 ▲ 14.1%
Debt
€20,766 ▼ 17.1%
Debt's share of the balance-sheet total falls from 20.6% to 15.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€87,528▲
2024 · €67,527
Cash flow
€62,539▲
2024 · €51,229
Current ratio
6.14▲
2024 · 4.78
Debt to equity
0.19▼
2024 · 0.26
ROE
55.9%▲
2024 · 52.5%
ROA
47.0%▲
2024 · 41.7%
Interest coverage
442.55▲
2024 · 164.76
Debt ≤ 1 year
€20,766▼
2024 · €25,055
Income taxes
€24,791▲
2024 · €15,888
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,964 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €235 | €287 | €559 | €998 | ▲ 78.5% |
| Other operating charges640/8 | €2,494 | €2,248 | €2,579 | €4,845 | ▲ 87.9% |
| Gross operating margin9900 | €70,438 | €110,769 | €70,106 | €92,373 | ▲ 31.8% |
| Operating profit (loss)9901 | €67,709 | €108,233 | €66,968 | €86,530 | ▲ 29.2% |
| Financial income75/76B | €15 | - | - | €0 | - |
| Recurring financial income75 | €15 | - | - | €0 | - |
| Financial charges65/66B | €747 | €668 | €410 | €198 | ▼ 51.7% |
| Recurring financial charges65 | €747 | €668 | €410 | €198 | ▼ 51.7% |
| Profit (loss) for the period before taxes9903 | €66,977 | €107,566 | €66,558 | €86,332 | ▲ 29.7% |
| Income taxes67/77 | €19,061 | €25,336 | €15,888 | €24,791 | ▲ 56.0% |
| Profit (loss) for the period9904 | €47,916 | €82,230 | €50,670 | €61,541 | ▲ 21.5% |
| Profit (loss) for the period to be appropriated9905 | €47,916 | €82,230 | €50,670 | €61,541 | ▲ 21.5% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €82,264 | €139,889 | €121,586 | €130,922 | ▲ 7.7% |
| Fixed assets21/28 | €1,004 | €2,273 | €1,714 | €3,450 | ▲ 101% |
| Tangible fixed assets22/27 | €1,004 | €2,273 | €1,714 | €3,450 | ▲ 101% |
| Furniture and vehicles24 | €1,004 | €2,273 | €1,714 | €3,450 | ▲ 101% |
| Current assets29/58 | €81,260 | €137,616 | €119,872 | €127,472 | ▲ 6.3% |
| Amounts receivable within one year40/41 | €17,033 | €14,892 | €16,658 | €13,310 | ▼ 20.1% |
| Trade receivables40 | €17,025 | €14,892 | €16,658 | €12,947 | ▼ 22.3% |
| Other amounts receivable41 | €8 | - | - | €363 | - |
| Cash at bank and in hand54/58 | €61,036 | €119,478 | €102,819 | €110,257 | ▲ 7.2% |
| Deferred charges and accrued income490/1 | €3,192 | €3,246 | €395 | €3,905 | ▲ 888% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €82,264 | €139,889 | €121,586 | €130,922 | ▲ 7.7% |
| Equity10/15 | €52,916 | €78,003 | €96,530 | €110,156 | ▲ 14.1% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €47,916 | €73,003 | €91,530 | €105,156 | ▲ 14.9% |
| Distributable reserves133 | €47,916 | €73,003 | €91,530 | €105,156 | ▲ 14.9% |
| Amounts payable17/49 | €29,348 | €61,886 | €25,055 | €20,766 | ▼ 17.1% |
| Amounts payable within one year42/48 | €29,348 | €61,886 | €25,055 | €20,766 | ▼ 17.1% |
| Trade debts44 | €2,819 | €1,640 | €1,988 | €4,762 | ▲ 140% |
| Suppliers440/4 | €2,819 | €1,640 | €1,988 | €4,762 | ▲ 140% |
| Taxes, remuneration and social security45 | €26,529 | €60,245 | €23,067 | €15,441 | ▼ 33.1% |
| Taxes450/3 | €26,529 | €60,245 | €23,067 | €15,441 | ▼ 33.1% |
| Other amounts payable47/48 | - | - | - | €563 | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €47,916 | €82,230 | €50,670 | €61,541 | ▲ 21.5% |
| + Depreciation and write-downs630 | €235 | €287 | €559 | €998 | ▲ 78.5% |
| Operating cash flow (approximation) | €48,151 | €82,517 | €51,229 | €62,539 | ▲ 22.1% |
| Investment in fixed assets (approximation) | - | -€1,556 | €0 | -€2,735 | - |
| Change in cash | - | €58,442 | -€16,659 | €7,438 | ▲ 145% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
08-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Equity above €100,000Eq €110,156 ▲14.1%
4 profitable years in a row build equity to €110,156.
2024
06-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Liquidity doublescurrent ratio 4.78
Current ratio from 2.22 to 4.78; short-term debt falls from €61,886 to €25,055.
2023
05-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Highest result since 2022net €82,230 ▲71.6%
Operating result €108,233, net result €82,230, both a record.
2022
12-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Londerzeel · 1 establishment unit since 2021
Ground area
689 m²
Building footprint
137 m²
Volume, LiDAR
690 m³
Parcel 23045F0137/00Z002, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
P14K
since 20212.319.211.404
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23045F0137/00Z002 | Flanders | 689 m² | 1 · 136 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
699400OCRU46QBSJU613
Similar companies · same sector, comparable size
RSC CONSULTING
BE 0877.050.739
Lanaken · Eq €110,101
Immo Pictor
BE 0849.707.528
Aalst · Eq €110,254
CAMINOS DEVELOPMENT
BE 0842.939.896
Namur · Eq €110,308
JIEGUO
BE 0779.987.490
Gent · Eq €110,476
JULAD
BE 1008.026.968
Kortrijk · Eq €109,835
Of 13,417 companies in sector 73300 we hold annual accounts for 6,899. 5,572 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-07-2021
Fiscal year end30-06
Activities, NACEBEL 2025
73300Public relations and communication consultancy
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0770641442
Also
9925:BE0770641442
Registered
11-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.