PB TECHNICS
ActiveSummary
PB TECHNICS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46k and a net result of €-4k. Equity is shrinking by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 53% of 18400 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability65▼-12
Solvency63▼-37
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.62 against 5.33 in 2024; short-term debt: 49.4% and cash: 14.2% of total assets), and 62% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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 dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
38%
Return on assets
-3.4%
Age of the figures
9 mo
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 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
57 d early
2024
57 d early
2023
56 d early
2022
54 d early
2021
51 d early
2020
60 d early
2019
59 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€46k▼ 45.7%
2024 · €84k
2018: €72k
2019: €79k▲ +9.7% vs 2018
2020: €105k▲ +32.7% vs 2019highest in 8 years
2021: €76k▼ -27.5% vs 2020
2022: €61k▼ -19.9% vs 2021
2023: €77k▲ +25.8% vs 2022
2024: €84k▲ +9.3% vs 2023
2025: €46k▼ -45.7% vs 2024lowest in 8 years
2018 → 2025
Total assets
€120k▲ 7.5%
2024 · €112k
2018: €95k
2019: €82k▼ -13.1% vs 2018lowest in 8 years
2020: €113k▲ +36.6% vs 2019
2021: €107k▼ -5.1% vs 2020
2022: €92k▼ -14.3% vs 2021
2023: €90k▼ -1.9% vs 2022
2024: €112k▲ +24.3% vs 2023
2025: €120k▲ +7.5% vs 2024highest in 8 years
2018 → 2025
Net result
€-4k
2024 · €7k
2018: €-8klowest in 8 years
2019: €7k▲ +193% vs 2018
2020: €26k▲ +270% vs 2019highest in 8 years
2021: €4k▼ -83.8% vs 2020
2022: €6k▲ +50.0% vs 2021
2023: €16k▲ +151% vs 2022
2024: €7k▼ -54.7% vs 2023
2025: €-4k▼ -156% vs 2024
2018 → 2025
Working capital
€-22k
2024 · €46k
2018: €49k
2019: €63k▲ +27.4% vs 2018
2020: €91k▲ +45.2% vs 2019highest in 8 years
2021: €69k▼ -24.1% vs 2020
2022: €49k▼ -28.6% vs 2021
2023: €69k▲ +39.6% vs 2022
2024: €46k▼ -32.7% vs 2023
2025: €-22k▼ -149% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€76k-€61k▼ 19.9%€77k▲ 25.8%€84k▲ 9.3%€46k▼ 45.7%
2021: €76k
2022: €61k▼ -19.9% vs 2021
2023: €77k▲ +25.8% vs 2022
2024: €84k▲ +9.3% vs 2023highest in 5 years
2025: €46k▼ -45.7% vs 2024lowest in 5 years
Operating result€8k-€9k▲ 12.3%€23k▲ 151%€12k▼ 47.1%€-2k
2021: €8k
2022: €9k▲ +12.3% vs 2021
2023: €23k▲ +151% vs 2022highest in 5 years
2024: €12k▼ -47.1% vs 2023
2025: €-2k▼ -119% vs 2024lowest in 5 years
Net result€4k-€6k▲ 50.0%€16k▲ 151%€7k▼ 54.7%€-4k
2021: €4k
2022: €6k▲ +50.0% vs 2021
2023: €16k▲ +151% vs 2022highest in 5 years
2024: €7k▼ -54.7% vs 2023
2025: €-4k▼ -156% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2k after €12k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €120k
Fixed assets
€83k ▲ 52.2%
Current assets
€37k ▼ 35.4%
Equity and liabilities €120k
Equity
€46k ▼ 45.7%
Debt
€74k ▲ 169%
Debt's share of the balance-sheet total rises from 24.8% to 62.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€18k▲
2024 · €16k
Cash flow
€16k▲
2024 · €11k
Current ratio
0.62▼
2024 · 5.33
Quick ratio
0.50▼
2024 · 5.33
Debt to equity
1.63▲
2024 · 0.33
ROE
-8.8%▼
2024 · 8.5%
ROA
-3.4%▼
2024 · 6.4%
Interest coverage
12.28▼
2024 · 41.67
Debt ≤ 1 year
€59k▲
2024 · €11k
Debt > 1 year
€15k▼
2024 · €17k
Income taxes
€261▼
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€112k€120k▲
Fixed assets21/28€55k€83k▲
Tangible fixed assets22/27€55k€83k▲
Plant, machinery and equipment23€1k€5k▲
Furniture and vehicles24€52k€76k▲
Other tangible fixed assets26€1k€2k▲
Current assets29/58€57k€37k▼
Stocks and contracts in progress3-€7k
Contracts in progress37-€7k
Amounts receivable within one year40/41€35k€12k▼
Trade receivables40€33k€6k▼
Other amounts receivable41€2k€7k▲
Cash at bank and in hand54/58€22k€17k▼
Equity and liabilities
Total equity and liabilities10/49€112k€120k▲
Equity10/15€84k€46k▼
Contributions10/11€19k€19k=
Reserves13€65k€31k▼
Distributable reserves133€65k€31k▼
Profit (loss) carried forward14-€-4k
Amounts payable17/49€28k€74k▲
Amounts payable after more than one year17€17k€15k▼
Financial debts170/4€17k€15k▼
Amounts payable within one year42/48€11k€59k▲
Current portion of amounts payable after more than one year42€8k€13k▲
Trade debts44€1k€1k▲
Suppliers440/4€1k€1k▲
Taxes, remuneration and social security45€703€3k▲
Taxes450/3€703€3k▲
Other amounts payable47/48€967€42k▲
Income statement
Code20242025
Non-recurring operating income76A€9k€2k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€20k▲
Other operating charges640/8€1k€697▼
Gross operating margin9900€17k€18k▲
Operating profit (loss)9901€12k€-2k▼
Financial income75/76B€0€4▲
Recurring financial income75€0€4▲
Financial charges65/66B€373€1k▲
Recurring financial charges65€373€1k▲
Profit (loss) for the period before taxes9903€12k€-4k▼
Income taxes67/77€5k€261▼
Profit (loss) for the period9904€7k€-4k▼
Profit (loss) for the period to be appropriated9905€7k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€-4k▼
Transfer from equity791/2-€34k
Transfer to equity691/2€7k-
To other reserves6921€7k-
Profit to be distributed694/7-€34k
Return on contributions (dividend)694-€34k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €9k | €2k | ▼ 70.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €3k | €4k | €3k | €20k | ▲ 487% |
| Other operating charges640/8 | €832 | €810 | €1k | €1k | €697 | ▼ 34.2% |
| Gross operating margin9900 | €17k | €13k | €28k | €17k | €18k | ▲ 11.3% |
| Operating profit (loss)9901 | €8k | €9k | €23k | €12k | €-2k | ▼ 119% |
| Financial income75/76B | €261 | €0 | €2 | €0 | €4 | ▲ 11,700% |
| Recurring financial income75 | €261 | €0 | €2 | €0 | €4 | ▲ 11,700% |
| Financial charges65/66B | €194 | €113 | €114 | €373 | €1k | ▲ 288% |
| Recurring financial charges65 | €194 | €113 | €114 | €373 | €1k | ▲ 288% |
| Profit (loss) for the period before taxes9903 | €8k | €9k | €23k | €12k | €-4k | ▼ 132% |
| Income taxes67/77 | €4k | €3k | €7k | €5k | €261 | ▼ 94.3% |
| Profit (loss) for the period9904 | €4k | €6k | €16k | €7k | €-4k | ▼ 156% |
| Profit (loss) for the period to be appropriated9905 | €4k | €6k | €16k | €7k | €-4k | ▼ 156% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €107k | €92k | €90k | €112k | €120k | ▲ 7.5% |
| Fixed assets21/28 | €7k | €12k | €8k | €55k | €83k | ▲ 52.2% |
| Tangible fixed assets22/27 | €7k | €12k | €8k | €55k | €83k | ▲ 52.2% |
| Plant, machinery and equipment23 | €1k | €3k | €2k | €1k | €5k | ▲ 276% |
| Furniture and vehicles24 | €955 | €5k | €4k | €52k | €76k | ▲ 45.4% |
| Other tangible fixed assets26 | €5k | €4k | €3k | €1k | €2k | ▲ 82.0% |
| Current assets29/58 | €100k | €80k | €82k | €57k | €37k | ▼ 35.4% |
| Stocks and contracts in progress3 | €748 | €690 | €375 | - | €7k | - |
| Stocks30/36 | €748 | €690 | €375 | - | - | - |
| Contracts in progress37 | - | - | - | - | €7k | - |
| Amounts receivable within one year40/41 | €55k | €48k | €78k | €35k | €12k | ▼ 64.7% |
| Trade receivables40 | €51k | €43k | €73k | €33k | €6k | ▼ 82.2% |
| Other amounts receivable41 | €4k | €5k | €5k | €2k | €7k | ▲ 225% |
| Cash at bank and in hand54/58 | €43k | €31k | €4k | €22k | €17k | ▼ 22.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €107k | €92k | €90k | €112k | €120k | ▲ 7.5% |
| Equity10/15 | €76k | €61k | €77k | €84k | €46k | ▼ 45.7% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €58k | €42k | €58k | €65k | €31k | ▼ 52.5% |
| Non-distributable reserves130/1 | €2k | - | - | - | - | - |
| Reserves not available under the articles1311 | €2k | - | - | - | - | - |
| Distributable reserves133 | €56k | €42k | €58k | €65k | €31k | ▼ 52.5% |
| Profit (loss) carried forward14 | - | - | - | - | €-4k | - |
| Amounts payable17/49 | €31k | €31k | €13k | €28k | €74k | ▲ 169% |
| Amounts payable after more than one year17 | - | - | - | €17k | €15k | ▼ 10.8% |
| Financial debts170/4 | - | - | - | €17k | €15k | ▼ 10.8% |
| Amounts payable within one year42/48 | €31k | €31k | €13k | €11k | €59k | ▲ 455% |
| Current portion of amounts payable after more than one year42 | - | - | - | €8k | €13k | ▲ 66.0% |
| Trade debts44 | €928 | €1k | €1k | €1k | €1k | ▲ 35.4% |
| Suppliers440/4 | €928 | €1k | €1k | €1k | €1k | ▲ 35.4% |
| Taxes, remuneration and social security45 | €8k | €3k | €11k | €703 | €3k | ▲ 262% |
| Taxes450/3 | €8k | €3k | €11k | €703 | €3k | ▲ 262% |
| Other amounts payable47/48 | €22k | €26k | €989 | €967 | €42k | ▲ 4,247% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4k | €6k | €16k | €7k | €-4k | ▼ 156% |
| + Depreciation and write-downs630 | €8k | €3k | €4k | €3k | €20k | ▲ 487% |
| Operating cash flow (approximation) | €13k | €9k | €19k | €11k | €16k | ▲ 52.0% |
| Investment in fixed assets (approximation) | - | €-8k | €0 | €-50k | €-49k | ▲ 2.8% |
| Change in cash | - | €-12k | €-28k | €18k | €-5k | ▼ 127% |
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
2026
04-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 6.28
Current ratio from 2.61 to 6.28; short-term debt falls from €31k to €13k.
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €26k ▲270%
Operating result €36k, net result €26k, both a record.
31-12
Financial
Equity above €100kEq €105k ▲32.7%
2 profitable years in a row build equity to €105k.
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
31-12
Financial
Liquidity times 6current ratio 20.27
Current ratio from 3.16 to 20.27; short-term debt falls from €23k to €3k.
Show earlier events
04-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Heist-op-den-Berg · 1 establishment unit since 2010
Ground area
2,061 m²
Building footprint
141 m²
Volume, LiDAR
788 m³
Parcel 12014D0220/00L002, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
PB Technics
since 20102.192.415.774
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12014D0220/00L002 | Flanders | 2,061 m² | 1 · 141 m² | 7.0 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.
Similar companies · same sector, comparable size
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KARBENN
BE 0669.784.802
Incourt · Eq €45,769
CHIC MODE
BE 0550.807.669
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Nin Wear
BE 0782.758.821
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Of 6,502 companies in sector 47716 we hold annual accounts for 2,440. 1,839 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
Founded22-09-2010
Fiscal year end31-12
Activities, NACEBEL 2025
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
33140Repair and maintenance of electrical equipment
43120Site preparation
43211General electrical installation work
43910Bricklaying and masonry work
47713Retail trade
47714Retail trade
47721Retail sale of footwear
47722Retail trade
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.