Equity
€315,008 ▼ 9.6%
PBF IMMO paid out €48,780 in dividends. That is 316% of the 2026 profit.
PBF IMMO
Lifetime
6 annual accounts with figures on one time axispeak €170,317 (2025)
€139,584▼ 18.0%
lowest -€18,662 (2021)
€15,443▼ 80.6%
peak €348,345 (2025)
€315,008▼ 9.6%
€1.0m▲ 106%
Board4 names since 2019
3 directorsBURE Frédéric Roger Liliane and 2 others
Documentsfilings and deeds
04-11-20264 days late
2026micro format
Gross margin from €170,317 to €139,584Result from €79,703 to €15,443Dividend €48,780Debts from €508,322 to €1.0mInvestments €813,842Cash from €216,987 to €21,727
Key points
from the 2026 annual accountsResult
€15,443 ▼ 80.6%
The result fell in 2026 from €79,703 to €15,443.
Debts
€1.0m ▲ 106%
Debts rose by €536,508 in 2026.
Investments
€783,952 9.5 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 118.0% higher than in 2025.
Liquidity
0.31 was 1.66 in 2025
Short-term debts rose from €184,590 to €251,860.
Filings
6 annual accounts 4 late
The 2022 accounts came latest: 4 days after the end of the period.
Checked score
89
Excellent
Financially stronger than 30% of micro companies in office administrative support (NACE 82)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.2%▲ +0.1 percentage points vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025highest value
11-2025: < 0.1%▼ -0.2 percentage points vs 10-2025lowest value
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: 0.1%▲ +0.1 percentage points vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 0.31, cash €21,727, halved
lowers risk
Size: total assets €1.4m
Sector: Office administrative, office support and other business support activities (NACE 82)
Figures for financial year 2026 (filed on 04-11-2026)
Calculation
The band follows from the bankruptcy probability. 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 82, micro). It does better than 30% of them on solvency, 31% on liquidity, 33% on profitability and 27% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,372 companies had the same profile as PBF IMMO has now. Each dot stands for 6 companies, two years later.
96.6%
were still trading
1.4%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of PBF IMMO itself is lower: 0.1% within 12 months. It rests on far more data about PBF IMMO than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,372 companies, not a prediction for PBF IMMO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.31 (1.66 in 2025), below 1. Short-term debt is 18.5% and cash 1.6% of total assets. 76.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2026 accounts filed 4 days late
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 04-11-2026, 4 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filingsDeviation from the deadline
2026
4 days late
2025
1 day early
2024
4 days late
2023
1 day early
2022
4 days late
2021
2 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 2 days after the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 4 November (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-03-2027 year end31-10-2027 deadline
Board and ownership
- BURE Pascal Marie Henri founderdeed of 30-12-2019
- BURE Frédéric Roger Liliane founderdeed of 30-12-2019
- Pascal BUREdeed of 30-12-2019
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0740448114
Appointments: Pascal BURE (managing director) and Frédéric BURE (director)
General meeting of 30-12-2024 · Gazette deed
Incorporation
Founding capital of €250,000 · Founders: BURE Pascal Marie Henri and BURE Frédéric Roger Liliane · 5,560 shares · Appointments: BURE Frédéric Roger Liliane (director) and BURE Pascal Marie Henri (director) · published on 30-12-2019 · Gazette deed
First establishment
Rue de Favray 9, Crisnée
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PBF IMMO Crisnée | €1.4m | €139,584 | 23.2% | - |
| SiRen Antwerp | €1.2m | €136,871 | 18.3% | - |
| PMW Holding Antwerp | €1.2m | €139,348 | 52.2% | - |
| PICUS FARMA Moorslede | €1.5m | €124,610 | 11.0% | 0 |
| ToKriKat Lier | €1.1m | €137,606 | 16.7% | - |
| CommUnity for Europe Saint-Josse-ten-Noode | €1.4m | €140,002 | - | - |
| Klaverveld Brecht | €1.2m | €159,814 | 58.6% | - |
These companies have the same main activity as PBF IMMO: other business support services (NACE 82990). They are comparable in size and age: total assets between €1.1m and €1.5m, founded between 2019 and 2020.
Official details
Source: KBO- Status
- Active since 24-12-2019Normal situation
- Activity
- Other business support servicesNACE 82990
- Establishment unit
- 2.297.898.6234367 Crisnée, since 24-12-2019
- Financial year end
- 31 March
- Peppol
- Reachable since 09-12-2025
Annual accounts to 31-03-2026
- ≈ €210,000estimated
- €1.4m▲ 58.7%
- ≈ 0.3 FTEestimated
- Filing
- Filed on 04-11-2026
Insights on PBF IMMO
PBF IMMO files the micro format. That format states no turnover. The gross margin rose from €55,366 in 2021 to €139,584 in 2026.
The balance sheet grew most from 2025 to 2026 through fixed assets, financed with long-term debt.
In January 2025, the Official Gazette published the appointment of Pascal BURE as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PBF IMMO
- What is the company number of PBF IMMO?
- The company number of PBF IMMO is 0740.448.114. The VAT number is the same number with BE in front: BE 0740.448.114.
- Where is PBF IMMO based?
- The registered office is at Rue de Favray 9, 4367 Crisnée.Company details
- What does PBF IMMO do?
- According to the KBO register, the main activity is other business support services (NACE 82990).
- What is the legal form of PBF IMMO?
- PBF IMMO is a private limited company (BV).
- When was PBF IMMO founded?
- PBF IMMO was founded on 24-12-2019.
- Is PBF IMMO still active?
- Yes, PBF IMMO is an active enterprise in the KBO register.
- What is the turnover of PBF IMMO?
- The turnover in financial year 2026 is ≈ €210,000. This figure is estimated from the gross margin of €139,584 and 31 comparable companies (NACE 82990). It probably lies between €170,000 and €290,000. In financial year 2022 turnover was €0.Financials
- Is PBF IMMO profitable?
- In financial year 2026, PBF IMMO made a profit of €15,443.
- Where can I find the annual accounts of PBF IMMO?
- PBF IMMO filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of PBF IMMO due?
- PBF IMMO must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
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