PCA
ActiveSummary
PCA has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €107,889. Equity has been stable since 2018 (±1.9% per year). Its solvency ranks better than 28% of 2,445 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 29-03-1991 Normal situation
- Activity
- General electrical installation work NACE 43211and 2 others
- Joint committees
- 200 Aanvullend Paritair Comité voor de bedienden
- 149.01 Paritair Subcomité voor de elektriciens: installatie en distributie · annual accounts 2025
- Establishment units
- 2.052.751.513 9300 Aalst, since 14-05-1991
- 2.157.651.073 7700 Mouscron, since 14-11-2006
- Financial year end
- 31 December
- Peppol
- Reachable
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
Annual accounts 2025
- Gross margin
- €1.4m
- ▲ 17.2%
- Turnover
- ≈ €3.8m
- estimated
- Profit
- €107,889
- ▲ 202%
- Equity
- €1.1m
- ▲ 4.7%
- Total assets
- €4.0m
- ▼ 29.3%
- Employees on 31-12-2025
- 18
- =
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskFounded in 1991Size: 17.6 FTE, total assets €4.0mFigures for financial year 2025 (filed on 28-07-2026)Show the evidence
Checked score
Score 2025
85
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 35% of small companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency
51+8
equity 26.4% of total assets
Liquidity
22-9
short-term debt 71.8% · cash 8.5%
Profitability
72+23
return on assets 2.7%
Bankruptcy probability within 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025
08-2025: 0.7%▲ +0.3 percentage points vs 07-2025highest value
09-2025: 0.3%▼ -0.4 percentage points vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.2%▼ -0.1 percentage points vs 07-2026lowest value
09-2026: 0.2%● unchanged vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €90,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.34 (1.21 in 2024), below the usual 1.5. Short-term debt is 71.8% and cash 8.5% of total assets. 73.6% of the assets are financed with debt and provisions.
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 43, small). It does better than 32% of them on solvency, 13% on liquidity, 48% on profitability and 47% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 days early
2024
18 days late
2023
on the day
2022
21 days early
2021
5 days early
2020
31 days early
2019
28 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 10 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 28 July (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
04-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, full format
Annual accounts 2025 filed on 28-07-2026 at the NBB all 34 filings
Turnover
≈ €3.8m
Estimated: probably between €3.0m and €4.8m
EBIT margin
Not included in this filing
Net result
€107,889▲ 202%
2024 · €35,669
Working capital
€998,830▲ 3.3%
2024 · €966,781
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€116,233
▲ 246%
2025
20182025
Net result
€107,889
▲ 202%
2025
middle half of the sector
20182025
Equity
€1.1m
▲ 4.7%
2025
middle half of the sector
20182025
Total assets
€4.0m
▼ 29.3%
2025
highest quarter of the sector
20182025
Debt
€3.0m
▼ 36.6%
2025
20182025
Working capital
€998,830
▲ 3.3%
2025
highest quarter of the sector
20182025
Solvency
26.4%
▲ 8.6pp
2025
middle half of the sector
20182025
Current ratio
1.34
▲ 0.14
2025
middle half of the sector
20182025
Return on assets (ROA)
2.7%
▲ 2.0pp
2025
middle half of the sector
20182025
Staff (FTE)
17.6
▲ 2.3%
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.5m-€0.2m▼ 61.6%€0.02m▼ 91.3%€0.03m▲ 51.5%€0.2m▲ 801%€0.2m▼ 27.2%€0.03m▼ 81.0%€0.1m▲ 246%
Net result€0.5m-€0.1m▼ 69.7%€0.02mwithin the sector's middle half▼ 82.9%€0.02mwithin the sector's middle half▼ 24.9%€0.2mabove the sector's middle half▲ 990%€0.2mabove the sector's middle half▼ 3.4%€0.04mwithin the sector's middle half▼ 81.1%€0.1mwithin the sector's middle half▲ 202%
Equity€0.9m-€1.0m▲ 15.0%€1.1mabove the sector's middle half▲ 2.3%€1.0mabove the sector's middle half▼ 9.4%€1.0mabove the sector's middle half▲ 1.6%€1.0mabove the sector's middle half▲ 0.9%€1.0mabove the sector's middle half▲ 3.6%€1.1mwithin the sector's middle half▲ 4.7%
Total assets€2.7m-€3.2m▲ 18.8%€3.5mabove the sector's middle half▲ 11.0%€3.7mabove the sector's middle half▲ 4.2%€4.6mabove the sector's middle half▲ 23.8%€4.7mabove the sector's middle half▲ 3.9%€5.7mabove the sector's middle half▲ 20.7%€4.0mabove the sector's middle half▼ 29.3%
Debt€1.8m-€2.1m▲ 21.0%€2.5m▲ 16.2%€2.7m▲ 10.1%€3.6m▲ 31.6%€3.8m▲ 4.7%€4.7m▲ 25.2%€3.0m▼ 36.6%
Working capital€0.8m-€0.9m▲ 16.3%€0.9mabove the sector's middle half▼ 1.6%€0.9mabove the sector's middle half▲ 3.8%€1.0mabove the sector's middle half▲ 3.6%€1.0mabove the sector's middle half▲ 0.8%€1.0mabove the sector's middle half▼ 1.6%€1.0mabove the sector's middle half▲ 3.3%
Solvency33.6%-32.5%▼ 1.1pp30.0%within the sector's middle half▼ 2.5pp26.0%within the sector's middle half▼ 3.9pp21.4%below the sector's middle half▼ 4.7pp20.8%below the sector's middle half▼ 0.6pp17.8%below the sector's middle half▼ 2.9pp26.4%within the sector's middle half▲ 8.6pp
Current ratio1.45-1.44▼ 0.021.37within the sector's middle half▼ 0.071.35within the sector's middle half▼ 0.021.27within the sector's middle half▼ 0.071.26within the sector's middle half▼ 0.011.21within the sector's middle half▼ 0.061.34within the sector's middle half▲ 0.14
Return on assets (ROA)17.3%-4.4%▼ 12.9pp0.7%below the sector's middle half▼ 3.7pp0.5%below the sector's middle half▼ 0.2pp4.3%within the sector's middle half▲ 3.8pp4.0%within the sector's middle half▼ 0.3pp0.6%below the sector's middle half▼ 3.4pp2.7%within the sector's middle half▲ 2.0pp
Staff (FTE)11.3-13.4▲ 18.6%13.8above the sector's middle half▲ 3.0%13.3above the sector's middle half▼ 3.6%14.8above the sector's middle half▲ 11.3%15.2above the sector's middle half▲ 2.7%17.2above the sector's middle half▲ 13.2%17.6within the sector's middle half▲ 2.3%
above
within
below
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is nearly 3.5 times that of 2024. It is a recovery after the fall in 2024.
Large changes and their cause
- 2022 Net result +990% on 2021. Partial demerger to AXIM, Official Gazette 21-04-2022.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.0m
Fixed assets
€142,324 ▲ 177%
Current assets
€3.9m ▼ 31.1%
Equity and liabilities €4.0m
Equity
€1.1m ▲ 4.7%
Debt
€3.0m ▼ 36.6%
Debt's share of the balance-sheet total falls from 82.2% to 73.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€146,391▲
2024 · €34,457
Cash flow
€138,047▲
2024 · €36,541
Quick ratio
1.00▲
2024 · 0.87
Debt to equity
2.79▼
2024 · 4.61
ROE
10.1%▲
2024 · 3.5%
Interest coverage
20.50▲
2024 · 3.59
Debt ≤ 1 year
€2.9m▼
2024 · €4.7m
Debt > 1 year
€75,019
Income taxes
€29,881▲
2024 · €25,755
Staff costs
€1.3m▲
2024 · €1.2m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 15 | 18 | 18 | 18 |
| full-time | 13 | 16 | 18 | 17 |
| part-time | 2 | 2 | 0 | 1 |
| in full-time equivalents | 14.6 | 17.6 | 18 | 17.8 |
| Average over the year, in full-time equivalents | 14.8 | 15.2 | 17.2 | 17.6 |
| On a permanent contract | 15 | 18 | 18 | 18 |
| Joined | 5 | 8 | 7 | 4 |
| Left | 3 | 5 | 7 | 4 |
| Training hours | 526 | - | 0 | 0 |
Source: social balance sheet in the 2022 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €52,337 | €121,018 |
| Depreciation and write-downs of the year | €17,559 | €13,104 | €3,943 | €872 | €30,158 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2024 · 3 entries · €768 awarded · €768 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €570 | €570 |
| 2023 | 1 | €0 | €75 |
| 2022 | 1 | €198 | €123 |
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €43 | €0.003m | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | - | - | €0.8m | €0.9m | €1.1m | €1.2m | €1.3m | ▲ 8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.05m | €0.04m | €0.02m | €0.02m | €0.01m | €0.004m | €0.001m | €0.03m | ▲ 35× |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€324 | -€324 | -€0.004m | €0 | -€0.01m | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €0 | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €0.01m | €0.02m | €0.01m | €0.005m | €0.02m | ▲ 251% |
| Non-recurring operating charges66A | - | - | - | €68 | - | - | - | - | - |
| Gross operating margin9900 | €1.2m | €1.1m | €0.8m | €0.9m | €1.2m | €1.2m | €1.2m | €1.4m | ▲ 17.2% |
| Operating profit (loss)9901 | €0.5m | €0.2m | €0.02m | €0.03m | €0.2m | €0.2m | €0.03m | €0.1m | ▲ 246% |
| Financial income75/76B | - | - | - | €0.008m | €0.03m | €0.02m | €0.04m | €0.03m | ▼ 23.4% |
| Recurring financial income75 | €0.02m | €0.008m | €0.008m | €0.008m | €0.03m | €0.02m | €0.04m | €0.03m | ▼ 23.4% |
| Financial charges65/66B | - | - | - | €0.003m | €0.009m | €0.005m | €0.01m | €0.007m | ▼ 25.6% |
| Recurring financial charges65 | €0.003m | €0.008m | €0.001m | €0.003m | €0.009m | €0.005m | €0.01m | €0.007m | ▼ 25.6% |
| Profit (loss) for the period before taxes9903 | €0.5m | €0.2m | €0.02m | €0.03m | €0.3m | €0.2m | €0.06m | €0.1m | ▲ 124% |
| Income taxes67/77 | €0.08m | €0.06m | €0.001m | €0.01m | €0.07m | €0.007m | €0.03m | €0.03m | ▲ 16.0% |
| Profit (loss) for the period9904 | €0.5m | €0.1m | €0.02m | €0.02m | €0.2m | €0.2m | €0.04m | €0.1m | ▲ 202% |
| Profit (loss) for the period to be appropriated9905 | €0.5m | €0.1m | €0.02m | €0.02m | €0.2m | €0.2m | €0.04m | €0.1m | ▲ 202% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2.7m | €3.2m | €3.5m | €3.7m | €4.6m | €4.7m | €5.7m | €4.0m | ▼ 29.3% |
| Fixed assets21/28 | €0.1m | €0.1m | €0.2m | €0.02m | €0.004m | €0 | €0.05m | €0.1m | ▲ 177% |
| Tangible fixed assets22/27 | €0.1m | €0.1m | €0.2m | €0.02m | €0.004m | €0 | €0.05m | €0.1m | ▲ 177% |
| Land and buildings22 | - | - | - | €0 | - | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €0.02m | €0.004m | €0 | €0.05m | €0.1m | ▲ 177% |
| Current assets29/58 | €2.5m | €3.0m | €3.4m | €3.7m | €4.6m | €4.7m | €5.7m | €3.9m | ▼ 31.1% |
| Stocks and contracts in progress3 | €0.2m | €0.2m | €0.2m | €1.6m | €1.7m | €2.3m | €1.6m | €1.0m | ▼ 36.1% |
| Stocks30/36 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 30.2% |
| Contracts in progress37 | - | - | - | €1.5m | €1.5m | €2.1m | €1.3m | €0.8m | ▼ 37.1% |
| Amounts receivable within one year40/41 | €0.6m | €0.7m | €1.1m | €1.4m | €2.2m | €1.4m | €2.5m | €2.1m | ▼ 13.6% |
| Trade receivables40 | - | - | - | €0.9m | €1.5m | €0.9m | €1.3m | €0.8m | ▼ 43.8% |
| Other amounts receivable41 | - | - | - | €0.5m | €0.7m | €0.4m | €1.1m | €1.4m | ▲ 22.2% |
| Current investments50/53 | €0.2m | €0.5m | €0.5m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Cash at bank and in hand54/58 | €1.0m | €0.8m | €0.4m | €0.2m | €0.3m | €0.6m | €1.2m | €0.3m | ▼ 71.5% |
| Deferred charges and accrued income490/1 | - | - | - | €0.003m | €0.003m | €0.004m | €0 | €0 | ▼ 100% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2.7m | €3.2m | €3.5m | €3.7m | €4.6m | €4.7m | €5.7m | €4.0m | ▼ 29.3% |
| Equity10/15 | €0.9m | €1.0m | €1.1m | €1.0m | €1.0m | €1.0m | €1.0m | €1.1m | ▲ 4.7% |
| Contributions10/11 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Capital10 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Issued capital100 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | €0.8m | €0.9m | €0.9m | €0.8m | €0.9m | €0.9m | €0.9m | €1.0m | ▲ 5.3% |
| Non-distributable reserves130/1 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Legal reserve130 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Distributable reserves133 | - | - | - | €0.8m | €0.8m | €0.9m | €0.9m | €0.9m | ▲ 5.4% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | €0 | €0 | €0 | - |
| Provisions and deferred taxes16 | €0.02m | €0.02m | €0 | - | - | - | - | - | - |
| Amounts payable17/49 | €1.8m | €2.1m | €2.5m | €2.7m | €3.6m | €3.8m | €4.7m | €3.0m | ▼ 36.6% |
| Amounts payable after more than one year17 | €0.01m | €0.01m | €0.001m | €0 | - | - | - | €0.08m | - |
| Financial debts170/4 | - | - | - | €0 | - | - | - | €0.08m | - |
| Amounts payable within one year42/48 | €1.7m | €2.1m | €2.5m | €2.7m | €3.6m | €3.8m | €4.7m | €2.9m | ▼ 38.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.001m | €0 | - | - | €0.02m | - |
| Trade debts44 | €0.2m | €0.3m | €0.2m | €0.2m | €0.6m | €0.3m | €0.7m | €0.8m | ▲ 13.4% |
| Suppliers440/4 | - | - | - | €0.2m | €0.6m | €0.3m | €0.7m | €0.8m | ▲ 13.4% |
| Advances received on contracts in progress46 | - | - | - | €2.4m | €2.7m | €3.1m | €3.9m | €1.8m | ▼ 53.2% |
| Taxes, remuneration and social security45 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 71.4% |
| Taxes450/3 | - | - | - | €0.01m | €0.004m | €0.01m | €0 | €0.04m | - |
| Remuneration and social security454/9 | - | - | - | €0.09m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 36.8% |
| Other amounts payable47/48 | - | - | - | - | €0.2m | €0.2m | €0 | €0.06m | - |
| Accrued charges and deferred income492/3 | - | - | - | €400 | €0.005m | €0 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €462,627 | €140,112 | €23,903 | €17,942 | €195,490 | €188,927 | €35,669 | €107,889 | ▲ 202% |
| + Depreciation and write-downs630 | €45,523 | €43,053 | €23,765 | €17,559 | €13,104 | €3,943 | €872 | €30,158 | ▲ 35× |
| Operating cash flow (approximation) | €508,151 | €183,166 | €47,668 | €35,501 | €208,594 | €192,870 | €36,541 | €138,047 | ▲ 278% |
| Investment in fixed assets (approximation) | - | -€51,750 | -€29,368 | €117,717 | €0 | €0 | -€52,337 | -€121,018 | ▼ 131% |
| Change in cash | - | -€179,467 | -€392,919 | -€236,356 | €121,508 | €307,720 | €612,861 | -€857,778 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 4,685 companies had the same profile as PCA has now. Two years later, 96.9% were still going and 1.1% had gone bankrupt.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
96.9%
was still going
1.9%
stopped otherwise
1.1%
went bankrupt
That fits the bankruptcy probability of PCA itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,446 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 4,685 companies, not a prediction for PCA. 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.
Latest 10 of 34 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 28-07-2026 | 2026-00350869 | |
| 31-12-2024 | abbreviated format | 18-08-2025 | 2025-00400720 | |
| 31-12-2023 | abbreviated format | 31-07-2024 | 2024-00323715 | |
| 31-12-2022 | abbreviated format | 10-07-2023 | 2023-00225749 | |
| 31-12-2021 | abbreviated format | 26-07-2022 | 2022-20238636 | |
| 31-12-2020 | abbreviated format | 30-06-2021 | 2021-28400199 | |
| 31-12-2019 | abbreviated format | 03-07-2020 | 2020-26300150 | |
| 31-12-2018 | abbreviated format | 02-07-2019 | 2019-27000308 | |
| 31-12-2017 | abbreviated format | 26-07-2018 | 2018-38100418 | |
| 31-12-2016 | abbreviated format | 26-06-2017 | 2017-21100179 |
Board & ownership
Directors
Directors
1 director, last change in 2022
AXIS BV
Current
Director · current term since 05-04-2022 · Legal entity · listed in the 2025 annual accounts, filed on 28-07-2026
Owners and capital
Shareholders
1 ownerChain of control
- AXON
- PCA
Owners 1
- AXONparentSourceaccounts AXON 2025Equity €1.5m Profit of €612,260 in 2025 (profit of €189,541 in 2024) Checked score 88100%
Capital transactions
Capital over time
- 06-01-2022 Capital stated in the deed · €125,000 · 712 shares
Network & group
Acquisitions and mergers
1 transactionSplit off to:AXIM
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of PCA. Every other company they run is a node.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
28-07
full format · 3 days before the deadline
2025
18-08
abbreviated format · 18 days late
2024
31-12
Financial
Equity above €1mequity €1.0m ▲3.6%
With a profit in every financial year since 2018, equity grows to €1.0m.
31-07
abbreviated format · on the deadline day
2023
10-07
abbreviated format · 21 days before the deadline
2022
26-07
abbreviated format · 5 days before the deadline
06-01
Gazette deed
Demerger proposal: PCA splits off to AXIMPermanent representative: De Clercq Francis · Appointment: AXIS BV (director) · Capital19 points ▸
Gazette deed
Demerger proposal: PCA splits off to AXIM
Permanent representative: De Clercq Francis · Appointment: AXIS BV (director) · Capital19 points ▸
- Demerger, “partiële splitsing door oprichting”, 1430 (deed in Dutch)
- Demerger, “partiële splitsing door oprichting”, 1150 (deed in Dutch)
- Capital, €197,692.87
- Board composition, AXIS BV (managing director), mentioned 2 times in the deed
- Permanent representative, De Clercq Francis, mentioned 3 times in the deed
- Capital, €125,000
- Board composition, DE CLERCQ LIEVEN (director)
- Incorporation, “Axim” (deed in Dutch)
- Founding capital, €488,572.88
- Director appointment, AXIS BV (director)
- Other provision, “bijzondere rechten en andere effecten, geen aandeelhouders met bijzondere rechten en geen houders van andere effecten dan aandelen” (deed in Dutch)
- Other provision, “bestuursorgaan betrokken vennootschappen, controleverslag splitsing” (deed in Dutch)
- The act holds 7 more points.
2021
30-06
abbreviated format · 31 days before the deadline
2020
03-07
abbreviated format · 28 days before the deadline
2019
31-12
Financial
Equity above €1mequity €1.0m ▲15%
With a profit in every financial year since 2018, equity grows to €1.0m.
02-07
abbreviated format · 29 days before the deadline
2018
26-07
abbreviated format · 5 days before the deadline
2017
26-06
abbreviated format · 35 days before the deadline
1991
30-04
Gazette deed
Incorporation
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
PCA in Dutch
Enterprise number
0443.845.670
LEI code
875500RA28ZOPZPA6T94
live in the LEI register
Legal form
Public limited company
Status
Active, normale toestand
Founded
29-03-1991
Entity type
Legal entity
Registered office and establishments
Registered office
Wijngaardveld 10, 9300 Aalst, Belgium
Establishment units
PCA NV, Wijngaardveld 10, 9300 Aalst since 14-05-1991 · unit number 2.052.751.513
PCA NV, Royennestraat 51, 7700 Mouscron since 14-11-2006 · unit number 2.157.651.073
Website
www.pcawater.com
E-mail
info@pcawater.com
Phone
+32(53)21.33.55
Fax
+32(53)21.50.50
Fax
+32(56)21.50.50Aalst
Phone
+32(56)55.00.90Mouscron
Fax
+32(56)55.00.91Mouscron
Activities
NACEBEL 2025VAT activities
43211
General electrical installation work main activity
24510
Manufacture of basic metals
Social security (RSZ) activities
33200
Installation of industrial machinery and equipment main activity
Codes under NACEBEL 2008
VAT activities
43211
Specialised construction activities main activity
24510
Manufacture of basic metals
Social security (RSZ) activities
33200
Installation of industrial machinery and equipment main activity
Codes under NACEBEL 2003
VAT activities
45310
main activity
27210
Social security (RSZ) activities
33300
main activity
Joint committees
200 Aanvullend Paritair Comité voor de bedienden
149.01 Paritair Subcomité voor de elektriciens: installatie en distributie annual accounts 2025
Invoicing and payment
VAT number
BE 0443.845.670
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0443.845.670
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Recognitions · licences · registrations
Recognised contractor
4 categoriesPCA NVapproval number 32606
- P2 Electrical and electromechanical installations of structures and industry, outdoor installationsclass 2, up to €330,000
- S2 Remote control, monitoring and meteringclass 1, up to €162,000
- S4 Data processing and process controlclass 1, up to €162,000
- V Water treatment installationsclass 2, up to €330,000
Sites & property
Location
Buildings and parcels at the addresses
Ground area
6,071 m²
Building footprint
1,809 m²
Building volume
12,214 m³
Tallest building: 14.3 m.
Flanders
1
(50%)
Wallonia
1
(50%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 41303D0075/00E000 | Flanders | 5,270 m² | 1 · 1,578 m² | 7.6 m · 2 |
| 54007B1257/00G002 | Wallonia | 800 m² | 1 · 231 m² | 14.3 m · 4 |