Skip to content

PB LOGIC

Active
Private limited companyfounded 200620 yrs activeKoorstraat 108, 3511 Hasselt, BelgiumKBO/BCE: BE 0882.384.650

PB LOGIC has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €57k and a net result of €8k. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 52% of 9430 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
80 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+54
Solvency81▲+10
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 2.87 against 2.22 in 2024; short-term debt: 21.4% and cash: 14.6% of total assets), and 43.6% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 20 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
56.4%
Return on assets
8.2%
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 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
on the day
2023
on the day
2022
1 d early
2021
on the day
2020
15 d late
2019
26 d late
← before the deadline after the deadline →
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 months
Position in the running window
30-06-2026 close19-09-2026 today31-01-2027 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

Financials · fiscal year 2025, micro schema

Equity
€57k▲ 17.0%
2024 · €49k
2019: €43k 2020: €45k 2021: €47k 2022: €60k 2023: €62k 2024: €49k
2019 → 2025
Total assets
€101k▼ 3.9%
2024 · €105k
2019: €80k 2020: €85k 2021: €60k 2022: €97k 2023: €128k 2024: €105k
2019 → 2025
Net result
€8k
2024 · €-13k
2019: €266 2020: €2k 2021: €2k 2022: €12k 2023: €2k 2024: €-13k
2019 → 2025
Working capital
€40k▲ 47.7%
2024 · €27k
2019: €34k 2020: €37k 2021: €39k 2022: €67k 2023: €34k 2024: €27k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€47k-€60k▲ 25.6%€62k▲ 4.1%€49k▼ 21.3%€57k▲ 17.0%
Operating result€4k-€18k▲ 416%€4k▼ 77.0%€-10k€12k
Net result€2k-€12k▲ 420%€2k▼ 79.7%€-13k€8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10k€20kOperating result 2021: €4k€4kNet result 2021: €2k€2kOperating result 2022: €18k€18kNet result 2022: €12k€12kOperating result 2023: €4k€4kNet result 2023: €2k€2kOperating result 2024: €-10k€-10kNet result 2024: €-13k€-13kOperating result 2025: €12k€12kNet result 2025: €8k€8k20212022202320242025
The operating result returns to profit in 2025: €12k after a loss of €10k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €101k
Fixed assets €39k▼ 29.5%
Current assets €62k▲ 24.6%
Equity and liabilities €101k
Equity €57k▲ 17.0%
Debt €44k▼ 21.9%
The debt ratio falls from 53.6% to 43.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€30k
2024 · €8k
Cash flow
€26k
2024 · €6k
Solvency
56.4%
2024 · 46.4%
Current ratio
2.87
2024 · 2.22
Quick ratio
2.63
2024 · 1.97
Debt / equity
0.77
2024 · 1.16
ROE
14.5%
2024 · -27.0%
ROA
8.2%
2024 · -12.5%
Interest coverage
13.04
2024 · 2.64
Debt
€44k
2024 · €57k
Debt ≤ 1 year
€22k
2024 · €22k
Debt > 1 year
€22k
2024 · €33k
Income taxes
€3k
2024 · €210
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€105k€101k
Fixed assets21/28€56k€39k
Tangible fixed assets22/27€56k€39k
Plant, machinery and equipment23€4k€4k
Furniture and vehicles24€51k€36k
Current assets29/58€50k€62k
Amounts receivable after more than one year29€18k€18k=
Other amounts receivable291€18k€18k=
Stocks and contracts in progress3€6k€5k
Stocks30/36€6k€5k
Amounts receivable within one year40/41€17k€18k
Trade receivables40€12k€11k
Other amounts receivable41€5k€7k
Cash at bank and in hand54/58€1k€15k
Deferred charges and accrued income490/1€8k€6k
Equity and liabilities
Total equity and liabilities10/49€105k€101k
Equity10/15€49k€57k
Contributions10/11€19k€19k=
Reserves13€40k€40k=
Distributable reserves133€40k€40k=
Profit (loss) carried forward14€-10k€-1k
Amounts payable17/49€57k€44k
Amounts payable after more than one year17€33k€22k
Financial debts170/4€33k€22k
Amounts payable within one year42/48€22k€22k
Current portion of amounts payable after more than one year42€10k€10k
Financial debts43€6k€4k
Credit institutions430/8€6k€4k
Trade debts44€4k€5k
Suppliers440/4€4k€5k
Taxes, remuneration and social security45€2k€2k
Taxes450/3€289-
Remuneration and social security454/9€2k€2k
Accrued charges and deferred income492/3€2k€300
Income statement Code20242025
Non-recurring operating income76A-€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€18k
Other operating charges640/8€2k€1k
Gross operating margin9900€10k€32k
Operating profit (loss)9901€-10k€12k
Financial income75/76B€605€815
Recurring financial income75€605€815
Financial charges65/66B€3k€2k
Recurring financial charges65€3k€2k
Profit (loss) for the period before taxes9903€-13k€11k
Income taxes67/77€210€3k
Profit (loss) for the period9904€-13k€8k
Profit (loss) for the period to be appropriated9905€-13k€8k
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€-1k
Profit (loss) brought forward from the previous period14P€4k€-10k

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
30-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Back to profitnet €8k
Net result €8k after one loss-making year.
31-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial Weakest financial yearnet €-13k ▼634%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
31-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial Highest result since 2019net €12k ▲420%
Operating result €18k, net result €12k, both a record.
31-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial Liquidity doublescurrent ratio 4.45
Current ratio from 2.14 to 4.45; short-term debt falls from €32k to €11k.
15-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 15 days late
2020
26-02
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
27-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 86 days late
2018
28-02
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2016
20-12
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
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, Hasselt · 1 establishment unit since 2006
establishment The establishment unit on the map
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.

Koorstraat 1083511 Hasselt
Ground area
1,900 m²
Building footprint
257 m²
Volume, LiDAR
1,490 m³
Parcel 71483E0375/00X002, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PB Logic
Koorstraat 108, 3511 HasseltNACE 45310
since 20062.155.290.609
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71483E0375/00X002 Flanders 1,900 m² 1 · 257 m² 8.9 m · 2 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 · 1 entry · 261 EUR paid
Year Entries awardedpaid
2023 1 0 EUR261 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 261 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 11,553 companies in sector 71121 we hold annual accounts for 6,558. 4,982 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded07-07-2006
Fiscal year end30-06
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
74203
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
45310
71111Activities of building architects
74201Photography, excluding press photography
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.