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PBKINE

Active
Private limited companyfounded 20233 yrs activeLoten 1, 4700 Eupen, BelgiumKBO/BCE: BE 0805.034.276
Summary

The computed 12-month bankruptcy probability of PBKINE is 5.0% (elevated). The 2024 annual accounts show negative equity (-€581) and a net result of €8,298. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability100▲+100
Solvency23▲+23
Growth78
Track record94
Bankruptcy probability, 12 months
5.0% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.7 against 0.41 in 2023; short-term debt: 101.9% and cash: 70.4% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
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
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 2024
Solvency, return and age of the figures
Solvency
-1.9%
Return on assets
27.3%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
28 d late
2023
17 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 23 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 (1)
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

PBKINE was incorporated on 23 August 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

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

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Financials · fiscal year 2024, micro schema

Equity
-€581▲ 93.5%
2023 · -€8,879
Total assets
€30,353▲ 43.5%
2023 · €21,156
Net result
€8,298
2023 · -€11,379
Working capital
-€9,324▲ 47.6%
2023 · -€17,793
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
Line20232024
Operating result-€11,284-€10,969
Net result-€11,379-€8,298
Equity-€8,879--€581▲ 93.5%
Total assets€21,156-€30,353▲ 43.5%
Debt€30,035-€30,934▲ 3.0%
Working capital-€17,793--€9,324▲ 47.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000Operating result 2023: -€11,284-€11,284Net result 2023: -€11,379-€11,379Operating result 2024: €10,969€10,969Net result 2024: €8,298€8,29820232024-€20,000-€10,000€0€10,000Operating result 2023: -€11,284-€11,300Net result 2023: -€11,379-€11,400Operating result 2024: €10,969€11,000Net result 2024: €8,298€8,30020232024
The operating result returns to profit in 2024: €10,969 after a loss of €11,284 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €30,353
Fixed assets €8,743 ▼ 1.9%
Current assets €21,610 ▲ 76.5%
Key figures and ratios
2024 value · change against 2023
EBITDA
€15,096▲
2023 · -€10,198
Cash flow
€12,425▲
2023 · -€10,293
Solvency
-1.9%▲
2023 · -42.0%
Current ratio
0.70▲
2023 · 0.41
ROA
27.3%▲
2023 · -53.8%
Interest coverage
274.47▲
2023 · -242.81
Debt ≤ 1 year
€30,934▲
2023 · €30,035
Income taxes
€2,619▲
2023 · €53
Staff costs
€3,216▲
2023 · €504
Equity ratios withheld: equity of -€581 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,018 companies that looked in July 2024 the way this one looks now, 6.5% went bankrupt within 24 months and 89% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a profit of 5% of the balance sheet or more
6.5% went bankrupt
4.0% stopped otherwise
89% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 5.0% over twelve months; the group does not contradict it.

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 1,018 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 · 36 lines
Balance sheet Code20232024
Assets
Total assets20/58€21,156€30,353▲
Fixed assets21/28€8,914€8,743▼
Tangible fixed assets22/27€8,914€8,743▼
Plant, machinery and equipment23€5,550€4,572▼
Furniture and vehicles24€3,364€4,171▲
Current assets29/58€12,242€21,610▲
Cash at bank and in hand54/58€12,072€21,381▲
Deferred charges and accrued income490/1€170€229▲
Equity and liabilities
Total equity and liabilities10/49€21,156€30,353▲
Equity10/15-€8,879-€581▲
Contributions10/11€2,500€2,500=
Profit (loss) carried forward14-€11,379-€3,081▲
Amounts payable17/49€30,035€30,934▲
Amounts payable within one year42/48€30,035€30,934▲
Trade debts44€1,141€751▼
Suppliers440/4€1,141€751▼
Taxes, remuneration and social security45€53€3,196▲
Taxes450/3€53€2,619▲
Remuneration and social security454/9-€577
Other amounts payable47/48€28,841€26,987▼
Income statement Code20232024
Remuneration, social security and pensions62€504€3,216▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,086€4,127▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€537-
Other operating charges640/8-€491
Gross operating margin9900-€9,157€18,803▲
Operating profit (loss)9901-€11,284€10,969▲
Financial income75/76B-€3
Recurring financial income75-€3
Financial charges65/66B€42€55▲
Recurring financial charges65€42€55▲
Profit (loss) for the period before taxes9903-€11,326€10,917▲
Income taxes67/77€53€2,619▲
Profit (loss) for the period9904-€11,379€8,298▲
Profit (loss) for the period to be appropriated9905-€11,379€8,298▲
Appropriation of the result
Profit (loss) to be appropriated9906-€11,379-€3,081▲
Profit (loss) brought forward from the previous period14P--€11,379

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Remuneration, social security and pensions62€504€3,216▲ 538%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,086€4,127▲ 280%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€537--
Other operating charges640/8-€491-
Gross operating margin9900-€9,157€18,803▲ 305%
Operating profit (loss)9901-€11,284€10,969▲ 197%
Financial income75/76B-€3-
Recurring financial income75-€3-
Financial charges65/66B€42€55▲ 31.0%
Recurring financial charges65€42€55▲ 31.0%
Profit (loss) for the period before taxes9903-€11,326€10,917▲ 196%
Income taxes67/77€53€2,619▲ 4,842%
Profit (loss) for the period9904-€11,379€8,298▲ 173%
Profit (loss) for the period to be appropriated9905-€11,379€8,298▲ 173%
Line20232024Change
Assets
Total assets20/58€21,156€30,353▲ 43.5%
Fixed assets21/28€8,914€8,743▼ 1.9%
Tangible fixed assets22/27€8,914€8,743▼ 1.9%
Plant, machinery and equipment23€5,550€4,572▼ 17.6%
Furniture and vehicles24€3,364€4,171▲ 24.0%
Current assets29/58€12,242€21,610▲ 76.5%
Cash at bank and in hand54/58€12,072€21,381▲ 77.1%
Deferred charges and accrued income490/1€170€229▲ 34.7%
Equity and liabilities
Total equity and liabilities10/49€21,156€30,353▲ 43.5%
Equity10/15-€8,879-€581▲ 93.5%
Contributions10/11€2,500€2,500=
Profit (loss) carried forward14-€11,379-€3,081▲ 72.9%
Amounts payable17/49€30,035€30,934▲ 3.0%
Amounts payable within one year42/48€30,035€30,934▲ 3.0%
Trade debts44€1,141€751▼ 34.2%
Suppliers440/4€1,141€751▼ 34.2%
Taxes, remuneration and social security45€53€3,196▲ 5,930%
Taxes450/3€53€2,619▲ 4,842%
Remuneration and social security454/9-€577-
Other amounts payable47/48€28,841€26,987▼ 6.4%
Line20232024Change
Profit (loss) for the period9904-€11,379€8,298▲ 173%
+ Depreciation and write-downs630€1,086€4,127▲ 280%
Operating cash flow (approximation)-€10,293€12,425▲ 221%
Investment in fixed assets (approximation)--€3,956-
Change in cash-€9,309-

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

2025
28-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial Back to profitnet €8,298
Net result €8,298 after one loss-making year.
17-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Eupen · 1 establishment unit since 2023
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.

Loten 14700 Eupen
1 establishment unit
PBKINE
Loten 1, 4700 EupenHuman health activities
since 20232.349.176.880

Identification & contact

Identification
Legal formPrivate limited company
Founded23-08-2023
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0805034276
Also 9925:BE0805034276
Registered 16-11-2024

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

Register as of 29 September 2026 · Peppol Directory

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