PBX MANAGEMENT
ActiveSummary
PBX MANAGEMENT has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €695,912 and a net result of €125,604. Equity is growing by ~21.6% per year across the filed fiscal years. Its solvency ranks better than 29% of 32629 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability40▲+13
Solvency53▲+6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 1.76 against 3.87 in 2024; short-term debt: 12% and cash: 0.7% of total assets), but 72% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
28%
Return on assets
5.1%
Age of the figures
9 mo
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 dateAge against the risk zone
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 23-07-2026, 8 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
8 d early
2024
29 d late
2023
7 d early
2022
6 d early
2021
4 d early
2020
5 d early
2019
8 d 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 1 day before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
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. Usually files around 25 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€695,912▲ 22.0%
2024 · €570,309
Total assets
€2.5m▼ 2.2%
2024 · €2.5m
Net result
€125,604▲ 133%
2024 · €53,840
Working capital
€226,207▼ 50.5%
2024 · €456,621
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€132,464▲ 32.7%€99,997▼ 24.5%€14,672▼ 85.3%€4,976▼ 66.1%€98,998▲ 1,890%
Net result€97,773above the sector's middle half▼ 33.3%€68,476above the sector's middle half▼ 30.0%€101,747above the sector's middle half▲ 48.6%€53,840within the sector's middle half▼ 47.1%€125,604above the sector's middle half▲ 133%
Equity€346,246above the sector's middle half▲ 39.3%€414,721above the sector's middle half▲ 19.8%€516,469above the sector's middle half▲ 24.5%€570,309above the sector's middle half▲ 10.4%€695,912above the sector's middle half▲ 22.0%
Total assets€1.2mabove the sector's middle half▲ 9.0%€1.1mabove the sector's middle half▼ 0.5%€1.2mabove the sector's middle half▲ 0.9%€2.5mabove the sector's middle half▲ 119%€2.5mabove the sector's middle half▼ 2.2%
Debt€808,899▼ 0.3%€735,040▼ 9.1%€643,932▼ 12.4%€2.0m▲ 206%€1.8m▼ 9.2%
Working capital€63,004within the sector's middle half▲ 44.2%€70,528within the sector's middle half▲ 11.9%€588,510above the sector's middle half▲ 734%€456,621above the sector's middle half▼ 22.4%€226,207above the sector's middle half▼ 50.5%
Solvency30.0%within the sector's middle half▲ 6.5pp36.1%within the sector's middle half▲ 6.1pp44.5%within the sector's middle half▲ 8.4pp22.4%below the sector's middle half▼ 22.1pp28.0%within the sector's middle half▲ 5.5pp
Current ratio1.55within the sector's middle half▲ 0.191.69within the sector's middle half▲ 0.154.15within the sector's middle half▲ 2.463.87within the sector's middle half▼ 0.281.76within the sector's middle half▼ 2.12
Return on assets (ROA)8.5%within the sector's middle half▼ 5.4pp6.0%within the sector's middle half▼ 2.5pp8.8%within the sector's middle half▲ 2.8pp2.1%within the sector's middle half▼ 6.7pp5.1%within the sector's middle half▲ 2.9pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1,890% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.5m
Fixed assets
€2.0m ▲ 1.8%
Current assets
€525,008 ▼ 14.7%
Equity and liabilities €2.5m
Equity
€695,912 ▲ 22.0%
Debt
€1.8m ▼ 9.2%
Debt's share of the balance-sheet total falls from 77.6% to 72.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€107,263▲
2024 · €14,665
Cash flow
€133,869▲
2024 · €63,530
Debt to equity
2.57▼
2024 · 3.46
ROE
18.0%▲
2024 · 9.4%
Interest coverage
1.75▲
2024 · 0.64
Debt ≤ 1 year
€298,802▲
2024 · €158,887
Debt > 1 year
€1.5m▼
2024 · €1.8m
Income taxes
€2,778▲
2024 · €355
Staff costs
€1,840=
2024 · €1,840
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €22,205 | €0 | - | - |
| Remuneration, social security and pensions62 | - | - | €1,274 | €1,840 | €1,840 | = |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,340 | €12,739 | €9,291 | €9,690 | €8,265 | ▼ 14.7% |
| Other operating charges640/8 | €293 | €1,621 | €1,863 | €4,019 | €2,024 | ▼ 49.7% |
| Gross operating margin9900 | €139,097 | €114,356 | €27,100 | €20,524 | €111,126 | ▲ 441% |
| Operating profit (loss)9901 | €132,464 | €99,997 | €14,672 | €4,976 | €98,998 | ▲ 1,890% |
| Financial income75/76B | - | - | €95,461 | €72,194 | €90,617 | ▲ 25.5% |
| Recurring financial income75 | - | - | €95,461 | €72,194 | €90,269 | ▲ 25.0% |
| Non-recurring financial income76B | - | - | - | - | €348 | - |
| Financial charges65/66B | €8,423 | €8,082 | €7,690 | €22,975 | €61,233 | ▲ 167% |
| Recurring financial charges65 | €8,423 | €8,082 | €7,690 | €22,975 | €61,233 | ▲ 167% |
| Profit (loss) for the period before taxes9903 | €124,041 | €91,915 | €102,444 | €54,195 | €128,382 | ▲ 137% |
| Income taxes67/77 | €26,268 | €23,439 | €697 | €355 | €2,778 | ▲ 683% |
| Profit (loss) for the period9904 | €97,773 | €68,476 | €101,747 | €53,840 | €125,604 | ▲ 133% |
| Profit (loss) for the period to be appropriated9905 | €97,773 | €68,476 | €101,747 | €53,840 | €125,604 | ▲ 133% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €1.1m | €1.2m | €2.5m | €2.5m | ▼ 2.2% |
| Fixed assets21/28 | €976,958 | €977,652 | €385,166 | €1.9m | €2.0m | ▲ 1.8% |
| Tangible fixed assets22/27 | €90,860 | €91,554 | €89,833 | €80,143 | €115,680 | ▲ 44.3% |
| Land and buildings22 | €85,486 | €76,278 | €80,825 | €77,404 | €101,838 | ▲ 31.6% |
| Furniture and vehicles24 | €5,374 | €15,276 | €9,008 | €2,739 | €13,841 | ▲ 405% |
| Financial fixed assets28 | €886,098 | €886,098 | €295,333 | €1.8m | €1.8m | = |
| Current assets29/58 | €178,187 | €172,109 | €775,234 | €615,508 | €525,008 | ▼ 14.7% |
| Amounts receivable within one year40/41 | €146,329 | €139,308 | €751,310 | €560,338 | €508,419 | ▼ 9.3% |
| Trade receivables40 | €32,575 | €34,974 | €20,535 | €30,656 | €0 | ▼ 100% |
| Other amounts receivable41 | €113,754 | €104,334 | €730,775 | €529,682 | €508,419 | ▼ 4.0% |
| Cash at bank and in hand54/58 | €13,894 | €32,801 | €23,600 | €55,170 | €16,422 | ▼ 70.2% |
| Deferred charges and accrued income490/1 | €17,964 | - | €324 | €0 | €168 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.2m | €1.1m | €1.2m | €2.5m | €2.5m | ▼ 2.2% |
| Equity10/15 | €346,246 | €414,721 | €516,469 | €570,309 | €695,912 | ▲ 22.0% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Outside capital11 | €18,600 | €18,600 | €18,600 | - | - | - |
| Other1109/19 | €18,600 | €18,600 | €18,600 | - | - | - |
| Reserves13 | €327,646 | €396,121 | €497,869 | €551,709 | €677,312 | ▲ 22.8% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €325,786 | €394,261 | €496,009 | €549,849 | €675,452 | ▲ 22.8% |
| Amounts payable17/49 | €808,899 | €735,040 | €643,932 | €2.0m | €1.8m | ▼ 9.2% |
| Amounts payable after more than one year17 | €693,716 | €633,458 | €457,208 | €1.8m | €1.5m | ▼ 17.7% |
| Financial debts170/4 | €593,715 | €533,457 | €457,208 | €1.8m | €1.5m | ▼ 17.7% |
| Other amounts payable178/9 | €100,001 | €100,001 | - | - | - | - |
| Amounts payable within one year42/48 | €115,183 | €101,582 | €186,724 | €158,887 | €298,802 | ▲ 88.1% |
| Current portion of amounts payable after more than one year42 | €73,465 | €75,246 | €76,249 | €146,662 | €217,190 | ▲ 48.1% |
| Financial debts43 | €6,040 | €8,064 | €3,423 | €686 | €6,775 | ▲ 888% |
| Credit institutions430/8 | €6,040 | €8,064 | €3,423 | €686 | €6,775 | ▲ 888% |
| Trade debts44 | - | €192 | €146 | €2,567 | €944 | ▼ 63.2% |
| Suppliers440/4 | - | €192 | €146 | €2,567 | €944 | ▼ 63.2% |
| Advances received on contracts in progress46 | - | - | - | - | €448 | - |
| Taxes, remuneration and social security45 | €5,672 | €2,522 | €3,550 | €3,855 | €8,405 | ▲ 118% |
| Taxes450/3 | €5,672 | €2,522 | €3,550 | €2,430 | €6,980 | ▲ 187% |
| Remuneration and social security454/9 | - | - | - | €1,425 | €1,425 | = |
| Other amounts payable47/48 | €30,006 | €15,557 | €103,355 | €5,117 | €65,041 | ▲ 1,171% |
| Accrued charges and deferred income492/3 | - | - | - | €152 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €97,773 | €68,476 | €101,747 | €53,840 | €125,604 | ▲ 133% |
| + Depreciation and write-downs630 | €6,340 | €12,739 | €9,291 | €9,690 | €8,265 | ▼ 14.7% |
| Operating cash flow (approximation) | €104,113 | €81,215 | €111,038 | €63,530 | €133,869 | ▲ 111% |
| Investment in fixed assets (approximation) | - | -€13,433 | €583,194 | -€1.6m | -€43,802 | ▲ 97.2% |
| Change in cash | - | €18,907 | -€9,202 | €31,570 | -€38,748 | ▼ 223% |
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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €53,840 ▼47.1%
Net result drops to €53,840, the lowest in the series; recovery starts the following year.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 4.15
Current ratio from 1.69 to 4.15.
31-12
Financial
Equity above €500,000Eq €516,469 ▲24.5%
5 profitable years in a row build equity to €516,469.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €200,000Eq €248,473 ▲144%
2 profitable years in a row build equity to €248,473.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · 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
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Mons · 2 establishment units since 2018
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.
Av. Champ de Bataille (Jem. II) 3747012 MonsGround area
3,633 m²
Building footprint
218 m²
Parcel 53072B0415/00E000, Wallonia. Linked by address, not a title deed.
2 establishment units
PBX MANAGEMENT
since 20182.281.932.621
PBX MANAGEMENT
since 20262.389.111.978
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53072B0415/00E000 | Wallonia | 3,633 m² | 1 · 218 m² | - |
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.
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Of 82,601 companies in this sector we hold annual accounts for 52,629. 31,659 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded30-08-2018
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0701911004
Registered
27-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.