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PB-IMMO

Active
Private limited companyfounded 201213 yrs activeRue René Delhaize 156, 6043 Charleroi, BelgiumKBO/BCE: BE 0508.729.564
Summary

PB-IMMO has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €165,205 and a net result of €9,637. Equity is shrinking by ~10.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability73▲+2
Solvency80▲+1
Growth58=
Track record100
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
Liquidity tight (current ratio 1.08 against 0.91 in 2023; short-term debt: 37.1% and cash: 39.8% of total assets), and 44.8% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 13 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-06-2026, 39 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
39 d early
2024
27 d late
2023
21 d early
2022
5 d early
2021
on the day
2020
3 d early
2019
63 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 3 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · 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. Usually files around 26 July (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

On 27 December 2012, PB-IMMO was incorporated.1 Total assets went from EUR 411,036 in 2018 to EUR 299,141 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€165,205▲ 6.2%
2023 · €155,569
Total assets
€299,141▲ 3.5%
2023 · €289,066
Net result
€9,637▲ 71.9%
2023 · €5,607
Working capital
€9,096
2023 · -€10,174
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€29,864▲ 20.9%-€30,439▼ 1.9%-€20,189▲ 33.7%€4,762€10,228▲ 115%
Net result-€29,100▲ 21.1%-€29,784▼ 2.4%-€19,319▲ 35.1%€5,607€9,637▲ 71.9%
Equity€199,064▼ 12.8%€169,281▼ 15.0%€149,961▼ 11.4%€155,569▲ 3.7%€165,205▲ 6.2%
Total assets€335,545▼ 8.2%€304,763▼ 9.2%€284,445▼ 6.7%€289,066▲ 1.6%€299,141▲ 3.5%
Debt€109,484=€109,484=€109,484=€109,497=€110,934▲ 1.3%
Working capital-€62,456▲ 25.8%-€43,005▲ 31.1%-€25,427▲ 40.9%-€10,174▲ 60.0%€9,096
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2020: -€29,864-€29,864Net result 2020: -€29,100-€29,100Operating result 2021: -€30,439-€30,439Net result 2021: -€29,784-€29,784Operating result 2022: -€20,189-€20,189Net result 2022: -€19,319-€19,319Operating result 2023: €4,762€4,762Net result 2023: €5,607€5,607Operating result 2024: €10,228€10,228Net result 2024: €9,637€9,63720202021202220232024-€30,000-€20,000-€10,000€0€10,000Operating result 2022: -€20,189-€20,200Net result 2022: -€19,319-€19,300Operating result 2023: €4,762€4,760Net result 2023: €5,607€5,610Operating result 2024: €10,228€10,200Net result 2024: €9,637€9,640202220232024
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 115% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €299,141
Fixed assets €179,124 ▼ 5.6%
Current assets €120,017 ▲ 20.9%
Equity and liabilities €299,141
Equity €165,205 ▲ 6.2%
Provisions €23,002 ▼ 4.2%
Debt €110,934 ▲ 1.3%
Debt's share of the balance-sheet total falls from 37.9% to 37.1%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€20,860▲
2023 · €15,394
Cash flow
€20,269▲
2023 · €16,239
Current ratio
1.08▲
2023 · 0.91
Debt to equity
0.67▼
2023 · 0.70
ROE
5.8%▲
2023 · 3.6%
ROA
3.2%▲
2023 · 1.9%
Interest coverage
136.10▲
2023 · 100.43
Debt ≤ 1 year
€110,921▲
2023 · €109,484
Income taxes
€1,437
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 10,905 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.8% went bankrupt
4.0% stopped otherwise
95% still going

For this company itself Checked computes a higher bankruptcy probability: 1.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

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 10,905 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet Code20232024
Assets
Total assets20/58€289,066€299,141▲
Fixed assets21/28€189,756€179,124▼
Tangible fixed assets22/27€189,756€179,124▼
Land and buildings22€163,928€159,266▼
Plant, machinery and equipment23€25,828€19,858▼
Current assets29/58€99,310€120,017▲
Amounts receivable within one year40/41-€120
Trade receivables40-€120
Cash at bank and in hand54/58€98,441€119,135▲
Deferred charges and accrued income490/1€869€763▼
Equity and liabilities
Total equity and liabilities10/49€289,066€299,141▲
Equity10/15€155,569€165,205▲
Contributions10/11€18,600€18,600=
Reserves13€423,419€421,479▼
Tax-exempt reserves132€46,610€44,671▼
Distributable reserves133€376,809€376,809=
Profit (loss) carried forward14-€286,450-€274,874▲
Provisions and deferred taxes16€24,001€23,002▼
Deferred taxes168€24,001€23,002▼
Amounts payable17/49€109,497€110,934▲
Amounts payable within one year42/48€109,484€110,921▲
Taxes, remuneration and social security45-€1,437
Taxes450/3-€1,437
Other amounts payable47/48€109,484€109,484=
Accrued charges and deferred income492/3€13€13=
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,632€10,632=
Other operating charges640/8€4,316€4,490▲
Gross operating margin9900€19,710€25,351▲
Operating profit (loss)9901€4,762€10,228▲
Financial charges65/66B€153€153=
Recurring financial charges65€153€153=
Profit (loss) for the period before taxes9903€4,608€10,075▲
Transfer from deferred taxes780€999€999=
Income taxes67/77-€1,437
Profit (loss) for the period9904€5,607€9,637▲
Transfer from tax-exempt reserves789€1,940€1,940=
Profit (loss) for the period to be appropriated9905€7,547€11,576▲
Appropriation of the result
Profit (loss) to be appropriated9906-€286,450-€274,874▲
Profit (loss) brought forward from the previous period14P-€293,997-€286,450▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51,771€51,942€37,895€10,632€10,632=
Other operating charges640/8-€3,845€3,952€4,316€4,490▲ 4.0%
Gross operating margin9900€25,722€25,348€21,658€19,710€25,351▲ 28.6%
Operating profit (loss)9901-€29,864-€30,439-€20,189€4,762€10,228▲ 115%
Financial charges65/66B-€343€130€153€153=
Recurring financial charges65€234€343€130€153€153=
Profit (loss) for the period before taxes9903-€30,099-€30,783-€20,318€4,608€10,075▲ 119%
Transfer from deferred taxes780-€999€999€999€999=
Income taxes67/77----€1,437-
Profit (loss) for the period9904-€29,100-€29,784-€19,319€5,607€9,637▲ 71.9%
Transfer from tax-exempt reserves789-€1,940€1,940€1,940€1,940=
Profit (loss) for the period to be appropriated9905-€27,160-€27,844-€17,380€7,547€11,576▲ 53.4%
Line20202021202220232024Change
Assets
Total assets20/58€335,545€304,763€284,445€289,066€299,141▲ 3.5%
Fixed assets21/28€288,517€238,283€200,388€189,756€179,124▼ 5.6%
Tangible fixed assets22/27€288,517€238,283€200,388€189,756€179,124▼ 5.6%
Land and buildings22-€200,515€168,590€163,928€159,266▼ 2.8%
Plant, machinery and equipment23-€37,768€31,798€25,828€19,858▼ 23.1%
Current assets29/58€47,028€66,480€84,057€99,310€120,017▲ 20.9%
Amounts receivable within one year40/41----€120-
Trade receivables40----€120-
Cash at bank and in hand54/58€46,425€65,736€83,254€98,441€119,135▲ 21.0%
Deferred charges and accrued income490/1-€744€803€869€763▼ 12.2%
Equity and liabilities
Total equity and liabilities10/49€335,545€304,763€284,445€289,066€299,141▲ 3.5%
Equity10/15€199,064€169,281€149,961€155,569€165,205▲ 6.2%
Contributions10/11-€18,600€18,600€18,600€18,600=
Revaluation surpluses12-€22,193----
Reserves13€373,340€405,105€425,358€423,419€421,479▼ 0.5%
Tax-exempt reserves132-€50,490€48,550€46,610€44,671▼ 4.2%
Distributable reserves133-€354,616€376,809€376,809€376,809=
Profit (loss) carried forward14-€248,773-€276,618-€293,997-€286,450-€274,874▲ 4.0%
Provisions and deferred taxes16€26,997€25,998€24,999€24,001€23,002▼ 4.2%
Deferred taxes168-€25,998€24,999€24,001€23,002▼ 4.2%
Amounts payable17/49€109,484€109,484€109,484€109,497€110,934▲ 1.3%
Amounts payable within one year42/48€109,484€109,484€109,484€109,484€110,921▲ 1.3%
Taxes, remuneration and social security45----€1,437-
Taxes450/3----€1,437-
Other amounts payable47/48-€109,484€109,484€109,484€109,484=
Accrued charges and deferred income492/3---€13€13=
Line20202021202220232024Change
Profit (loss) for the period9904-€29,100-€29,784-€19,319€5,607€9,637▲ 71.9%
+ Depreciation and write-downs630€51,771€51,942€37,895€10,632€10,632=
Operating cash flow (approximation)€22,672€22,158€18,576€16,239€20,269▲ 24.8%
Investment in fixed assets (approximation)--€1,708€0€0€0-
Change in cash-€19,310€17,518€15,188€20,693▲ 36.2%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
27-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial Highest result since 2018net €9,637 ▲71.9%
Operating result €10,228, net result €9,637, both a record.
10-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €5,607
Net result €5,607 after 5 loss-making years.
31-12
Financial Equity above €150,000Eq €155,569 ▲3.7%
Equity rises from €149,961 to €155,569.
26-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
28-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
02-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 63 days late
2019
31-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Charleroi · 1 establishment unit since 2013
seat establishment The establishment unit on the map
Ground area
805 m²
Building footprint
114 m²
Volume, LiDAR
953 m³
Parcel 52058A0124/00S000, Wallonia · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PB-IMMO
Rue René Delhaize 156, 6043 CharleroiRenting and operating of own or leased residential real estate, excluding social housing
since 20132.215.854.142
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52058A0124/00S000 Wallonia 805 m² 1 · 113 m² 10.1 m · 3 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded27-12-2012
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.