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PB GROUP

Active
Private limited companyfounded 2016active for 10 yearsTemselaan 3 A, 1853 Grimbergen, BelgiumKBO/BCE: BE 0647.636.633
Summary

The computed 12-month bankruptcy probability of PB GROUP is 11.4% (high). The 2024 annual accounts show equity of €73,343 and a net result of €21,961. Equity is growing by about 51% per year across the filed financial years. Its solvency ranks better than 21% of 35,977 sector peers (NACE 43, financial year 2024). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Other specialised construction activities
NACE 43990
1 site
Size
€389,987total assets 2024
Equity
€73,343
Profit
€21,961
Turnover not published (micro format)
Financial health
30 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
11.4%
Structure
Accounts 72 days overdue1 of 7 deeds read
Why 30raises riskFigures for financial year 2024 (filed 15-10-2025)1 change of registered office in 24 months1 financial year not filed after the legal deadline; latest accounts 76 days late; 3 of the last 3 lateLiquidity: current ratio 1.16, cash €375Show the evidence

Checked score

Score 2024
30 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 33% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Weak
Solvency 44-11
equity 18.8% of total assets
Liquidity 6-19
short-term debt 81.2% · cash 0.1%
Profitability 55-18
return on assets 5.6%
Bankruptcy probability, 12 months
11.4% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,538 companies, NACE 43, micro)
Last 24 months 11-2024: 6.0% 12-2024: 6.0%● unchanged vs 11-2024 01-2025: 6.0%● unchanged vs 12-2024 02-2025: 6.0%● unchanged vs 01-2025 03-2025: 6.0%● unchanged vs 02-2025 04-2025: 6.3%▲ +0.3 percentage points vs 03-2025 05-2025: 6.1%▼ -0.2 percentage points vs 04-2025 06-2025: 6.0%▼ -0.1 percentage points vs 05-2025 07-2025: 5.6%▼ -0.4 percentage points vs 06-2025lowest value 08-2025: 6.9%▲ +1.3 percentage points vs 07-2025 09-2025: 8.1%▲ +1.2 percentage points vs 08-2025 10-2025: 12.2%▲ +4.1 percentage points vs 09-2025highest value 11-2025: 5.7%▼ -6.5 percentage points vs 10-2025 12-2025: 5.7%● unchanged vs 11-2025 01-2026: 5.7%● unchanged vs 12-2025 02-2026: 5.7%● unchanged vs 01-2026 03-2026: 10.8%▲ +5.1 percentage points vs 02-2026 04-2026: 10.8%● unchanged vs 03-2026 05-2026: 10.7%▼ -0.1 percentage points vs 04-2026 06-2026: 10.4%▼ -0.3 percentage points vs 05-2026 07-2026: 9.5%▼ -0.9 percentage points vs 06-2026 08-2026: 6.1%▼ -3.4 percentage points vs 07-2026 09-2026: 7.7%▲ +1.6 percentage points vs 08-2026 10-2026: 11.4%▲ +3.7 percentage points vs 09-2026
Credit of up to €2,000 on 30-day terms, only on tighter conditions
Liquidity tight (current ratio 1.16, compared with 1.19 in 2023; short-term debt: 81.2% and cash: 0.1% of total assets), and 81.2% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 21% on solvency, 4% on liquidity, 26% on profitability and 80% on growth.

The bankruptcy probability was computed on 10-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
raises riskneutral
raises risk · Figures for financial year 2024 (filed 15-10-2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · 1 financial year not filed after the legal deadline; latest accounts 76 days late; 3 of the last 3 late
NBB · filings
raises risk · Liquidity: current ratio 1.16, cash €375
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 35977 sector peers (2024).
NBB · sector comparison
Position among 35977 sector peers
Solvency
better than 21%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-10-2025, 76 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 9 filings
Deviation from the deadline
2025
not confirmed
2024
76 days late
2023
68 days late
2022
91 days late
2021
456 days late
2020
122 days late
2019
94 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 151 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Registered officeRegistered-office move · Director in…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 72 days late View
  • Among the largest 18% on total assetssector median €140,784 · 35,981 companies €389,987 View
  • Positive: 5 profitable years in a rowprofit 2024: €21,961 5 years View

By topic

Financials

Financial year
2024
Total assets
€389,987
Profit
€21,961
Solvency
18.8%
Go to Financials

Timeline

Events
13
Since
2017
  1. 30-10-2023Annual accounts filed
  2. 30-10-2023Annual accounts filed
  3. 31-12-2022Highest result from 2018 to 2024
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other specialised construction activitiesNACE 43990
Founded
29-01-2016
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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