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PBS Belgium

Active
Public limited companyfounded 1968active for 58 yearsEuropalaan 69, 9800 Deinze, BelgiumKBO/BCE: BE 0401.091.040
Summary

PBS Belgium has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.7m and a net result of €626,118. Equity is growing by about 17% per year across the filed financial years. Its solvency ranks better than 59% of 6,105 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Wholesale trade
NACE 46492
5th largest company by equity in Deinze, Wholesale and retail trade sector1 site
Size
€39.4mturnover 2025
Staff
61.4 FTE
Equity
€10.7m
Profit
€626,118
Financial health
93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
PBS Holding AG · 100%
Holdings
2
Accounts 31 days early5 of 37 deeds read
Why 93lowers riskFounded in 1968Size: turnover €39.4m, 61.4 FTE, total assets €20.1mEquity €10.7m (53.0% of total assets)Legal form: public limited companyShow the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 48% of its sector peers (NACE 46, medium-sized)
Financial strength · tick = 2024
Average
Solvency 78-15
equity 53.0% of total assets
Liquidity 47+3
short-term debt 28.9% · cash 7.1%
Profitability 41-45
return on assets 3.1%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (745 companies, NACE 46, medium-sized)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 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 05-2025lowest value 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 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 06-2026highest value 08-2026: 0.1%● unchanged vs 07-2026highest value 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026highest value
Credit of up to €950,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.92, compared with 2.72 in 2024, above the usual 1.5; short-term debt: 28.9% and cash: 7.1% of total assets), and 47% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, medium-sized): better than 66% on solvency, 66% on liquidity, 23% on profitability and 36% on growth.

The bankruptcy probability was computed on 18-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Founded in 1968
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: turnover €39.4m, 61.4 FTE, total assets €20.1m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €10.7m (53.0% of total assets)
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 days early
2024
30 days early
2023
29 days early
2022
53 days early
2021
32 days early
2020
39 days early
2019
32 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 35 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
19-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Annual accounts filedfinancial year 2024 · full…
  3. Resignation: PwC Bedrijfsrevisoren BV (statutory auditor)Permanent representatives: Winne Lien and…

Key points

  • Caution: Result fell in 2025from €3.5m to €626,118 ▼ 82.2% View
  • Positive: Among the best 15% on equitysector median €1.6m · 6,040 companies €10.7m View
  • Controlled by PBS Holding AGthe company in turn controls 2 companies 100% View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 7 years View
  • Active since 1968founded 01-01-1968 58 years View

By topic

Financials

Financial year
2025
Turnover
€39.4m
Profit
€626,118
Solvency
53.0%
Turnover▼ 9.6%
Net result
20182025
Go to Financials

Timeline

Events
61
Since
1978
Next accounts
by 31-07-2027
  1. 31-12-2024Highest result from 2018 to 2025
  2. 31-12-2024Equity above €10m
  3. 03-10-2024Resignations: SNOEKER Erwin (director) and PBS Holding…
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale tradeNACE 46492
Founded
01-01-1968
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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