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PCEcad

Active
Private limited companyfounded 20224 yrs activeArnold Vrancxlaan 9, 2100 Antwerpen, BelgiumKBO/BCE: BE 0779.853.076
Summary

PCEcad has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €80,178 and a net result of €25,198. Equity is growing by ~44.2% per year across the filed fiscal years. Its solvency ranks better than 69% of 11620 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability97▼-2
Solvency97▲+15
Growth52=
Track record94
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 3.35 against 1.96 in 2023; short-term debt: 27.7% and cash: 72.9% of total assets), and 27.8% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+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 4 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-06-2025, 48 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
48 d early
2023
47 d early
2022
38 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 44 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed 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

On 7 January 2022, PCEcad was incorporated as a Private limited company.1 Total assets went from EUR 71,254 in 2022 to EUR 111,006 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€80,178▲ 45.8%
2023 · €54,980
Total assets
€111,006▲ 15.5%
2023 · €96,098
Net result
€25,198▲ 7.5%
2023 · €23,436
Working capital
€72,274▲ 82.5%
2023 · €39,597
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202220232024
Operating result€36,602-€30,698▼ 16.1%€32,509▲ 5.9%
Net result€28,544within the sector's middle half-€23,436within the sector's middle half▼ 17.9%€25,198within the sector's middle half▲ 7.5%
Equity€31,544within the sector's middle half-€54,980within the sector's middle half▲ 74.3%€80,178within the sector's middle half▲ 45.8%
Total assets€71,254within the sector's middle half-€96,098within the sector's middle half▲ 34.9%€111,006within the sector's middle half▲ 15.5%
Debt€39,709-€41,118▲ 3.5%€30,829▼ 25.0%
Working capital€11,951within the sector's middle half-€39,597within the sector's middle half▲ 231%€72,274within the sector's middle half▲ 82.5%
Solvency44.3%within the sector's middle half-57.2%within the sector's middle half▲ 12.9pp72.2%within the sector's middle half▲ 15.0pp
Current ratio1.30within the sector's middle half-1.96within the sector's middle half▲ 0.663.35within the sector's middle half▲ 1.39
Return on assets (ROA)40.1%above the sector's middle half-24.4%above the sector's middle half▼ 15.7pp22.7%within the sector's middle half▼ 1.7pp
above within below the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, 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
€0€10,000€20,000€30,000€40,000Operating result 2022: €36,602€36,602Net result 2022: €28,544€28,544Operating result 2023: €30,698€30,698Net result 2023: €23,436€23,436Operating result 2024: €32,509€32,509Net result 2024: €25,198€25,198202220232024€0€10,000€20,000€30,000€40,000Operating result 2022: €36,602€36,600Net result 2022: €28,544€28,500Operating result 2023: €30,698€30,700Net result 2023: €23,436€23,400Operating result 2024: €32,509€32,500Net result 2024: €25,198€25,200202220232024
The operating result recovers in 2024; 2024 is 6% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €111,006
Fixed assets €7,984 ▼ 48.1%
Current assets €103,022 ▲ 27.6%
Equity and liabilities €111,006
Equity €80,178 ▲ 45.8%
Debt €30,829 ▼ 25.0%
Debt's share of the balance-sheet total falls from 42.8% to 27.8%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€41,870▲
2023 · €39,345
Cash flow
€34,559▲
2023 · €32,083
Debt to equity
0.38▼
2023 · 0.75
ROE
31.4%▼
2023 · 42.6%
Interest coverage
289.36▼
2023 · 358.40
Debt ≤ 1 year
€30,748▼
2023 · €41,118
Income taxes
€7,811▲
2023 · €7,451
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 39,276 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 · 40 lines
Balance sheet Code20232024
Assets
Total assets20/58€96,098€111,006▲
Fixed assets21/28€15,383€7,984▼
Tangible fixed assets22/27€15,383€7,984▼
Plant, machinery and equipment23€5,519€3,088▼
Furniture and vehicles24€8,847€4,831▼
Other tangible fixed assets26€1,018€65▼
Current assets29/58€80,715€103,022▲
Amounts receivable within one year40/41€9,242€21,405▲
Trade receivables40€9,242€21,405▲
Cash at bank and in hand54/58€70,776€80,919▲
Deferred charges and accrued income490/1€698€698=
Equity and liabilities
Total equity and liabilities10/49€96,098€111,006▲
Equity10/15€54,980€80,178▲
Contributions10/11€3,000€3,000=
Reserves13€51,980€77,178▲
Distributable reserves133€51,980€77,178▲
Amounts payable17/49€41,118€30,829▼
Amounts payable within one year42/48€41,118€30,748▼
Trade debts44€799€77▼
Suppliers440/4€799€77▼
Taxes, remuneration and social security45€28,291€30,642▲
Taxes450/3€6,744€6,290▼
Remuneration and social security454/9€21,546€24,352▲
Other amounts payable47/48€12,028€28▼
Accrued charges and deferred income492/3-€81
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,648€9,361▲
Other operating charges640/8€810€774▼
Gross operating margin9900€40,156€42,644▲
Operating profit (loss)9901€30,698€32,509▲
Financial income75/76B€299€644▲
Recurring financial income75€299€644▲
Financial charges65/66B€110€145▲
Recurring financial charges65€110€145▲
Profit (loss) for the period before taxes9903€30,887€33,008▲
Income taxes67/77€7,451€7,811▲
Profit (loss) for the period9904€23,436€25,198▲
Profit (loss) for the period to be appropriated9905€23,436€25,198▲
Appropriation of the result
Profit (loss) to be appropriated9906€23,436€25,198▲
Transfer to equity691/2€23,436€25,198▲
To other reserves6921€23,436€25,198▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,990€8,648€9,361▲ 8.3%
Other operating charges640/8€1,369€810€774▼ 4.6%
Gross operating margin9900€44,961€40,156€42,644▲ 6.2%
Operating profit (loss)9901€36,602€30,698€32,509▲ 5.9%
Financial income75/76B-€299€644▲ 115%
Recurring financial income75-€299€644▲ 115%
Financial charges65/66B€31€110€145▲ 31.8%
Recurring financial charges65€31€110€145▲ 31.8%
Profit (loss) for the period before taxes9903€36,571€30,887€33,008▲ 6.9%
Income taxes67/77€8,027€7,451€7,811▲ 4.8%
Profit (loss) for the period9904€28,544€23,436€25,198▲ 7.5%
Profit (loss) for the period to be appropriated9905€28,544€23,436€25,198▲ 7.5%
Line202220232024Change
Assets
Total assets20/58€71,254€96,098€111,006▲ 15.5%
Fixed assets21/28€19,594€15,383€7,984▼ 48.1%
Tangible fixed assets22/27€19,594€15,383€7,984▼ 48.1%
Plant, machinery and equipment23€2,849€5,519€3,088▼ 44.0%
Furniture and vehicles24€14,774€8,847€4,831▼ 45.4%
Other tangible fixed assets26€1,970€1,018€65▼ 93.6%
Current assets29/58€51,660€80,715€103,022▲ 27.6%
Amounts receivable within one year40/41€9,413€9,242€21,405▲ 132%
Trade receivables40€6,921€9,242€21,405▲ 132%
Other amounts receivable41€2,492---
Cash at bank and in hand54/58€40,839€70,776€80,919▲ 14.3%
Deferred charges and accrued income490/1€1,408€698€698=
Equity and liabilities
Total equity and liabilities10/49€71,254€96,098€111,006▲ 15.5%
Equity10/15€31,544€54,980€80,178▲ 45.8%
Contributions10/11€3,000€3,000€3,000=
Reserves13€28,544€51,980€77,178▲ 48.5%
Distributable reserves133€28,544€51,980€77,178▲ 48.5%
Amounts payable17/49€39,709€41,118€30,829▼ 25.0%
Amounts payable within one year42/48€39,709€41,118€30,748▼ 25.2%
Trade debts44€860€799€77▼ 90.3%
Suppliers440/4€860€799€77▼ 90.3%
Taxes, remuneration and social security45€27,300€28,291€30,642▲ 8.3%
Taxes450/3€5,753€6,744€6,290▼ 6.7%
Remuneration and social security454/9€21,546€21,546€24,352▲ 13.0%
Other amounts payable47/48€11,550€12,028€28▼ 99.8%
Accrued charges and deferred income492/3--€81-
Line202220232024Change
Profit (loss) for the period9904€28,544€23,436€25,198▲ 7.5%
+ Depreciation and write-downs630€6,990€8,648€9,361▲ 8.3%
Operating cash flow (approximation)€35,534€32,083€34,559▲ 7.7%
Investment in fixed assets (approximation)--€4,437-€1,963▲ 55.8%
Change in cash-€29,937€10,144▼ 66.1%

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
13-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
14-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet €23,436 ▼17.9%
Net result drops to €23,436, the lowest in the series; recovery starts the following year.
23-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
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, Antwerpen · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
234 m²
Building footprint
96 m²
Volume, LiDAR
1,045 m³
Parcel 11345B0192/00Y000, Flanders · tallest building 12.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
De Ontmoeting, Counseling & Coaching Praktijk
Arnold Vrancxlaan 9, 2100 AntwerpenGeneral electrical installation work
since 20222.326.569.348
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11345B0192/00Y000 Flanders 234 m² 1 · 96 m² 12.2 m · 4 fl.
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.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 3 entries · 3,365 EUR awarded · 3,188 EUR paid
Year Entries awardedpaid
2025 1 720 EUR720 EUR
2024 1 1,913 EUR1,913 EUR
2022 1 732 EUR555 EUR
Schemes
3 entries · 3,365 EUR · 3,188 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 11,577 companies in sector 71121 we hold annual accounts for 6,570. 5,171 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded07-01-2022
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
86995Nutrition and dietetics services
Contact
Website www.pcecad.beAntwerpen
E-invoicing
Reachable via Peppol
Peppol ID 0208:0779853076
Also 9925:BE0779853076
Registered 31-10-2023

Register as of 27 September 2026 · Peppol Directory

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