PCL Aviation
ActivePCL Aviation has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €11k and a net result of €4k. Equity is growing by ~25.4% per year across the filed fiscal years. Its solvency ranks better than 30% of 9520 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
86
/ 100
Excellent▲ +30 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency47▲+25
Growth52▲+20
Stability94
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.28 against 0.92 in 2023), and 73.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
26.4%
Return on assets
9.8%
Age of the figures
20 mo
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 03-06-2025, 58 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
58 d early
2023
47 d late
2022
42 d late
2021
39 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€11k▲ 58.7%
2023 · €7k
2021: €8k
2022: €5k
2023: €7k
2021 → 2024
Total assets
€43k▲ 13.9%
2023 · €37k
2021: €40k
2022: €36k
2023: €37k
2021 → 2024
Net result
€4k▲ 106%
2023 · €2k
2021: €7k
2022: €-3k
2023: €2k
2021 → 2024
Working capital
€9k
2023 · €-2k
2021: €-19k
2022: €-13k
2023: €-2k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€8k-€5k▼ 35.8%€7k▲ 39.8%€11k▲ 58.7%
Operating result€8k-€-3k€2k€5k▲ 160%
Net result€7k-€-3k€2k€4k▲ 106%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 160% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €43k
Fixed assets
€3k▼ 72.4%
Current assets
€40k▲ 43.5%
Equity and liabilities €43k
Equity
€11k▲ 58.7%
Debt
€31k▲ 3.4%
The debt ratio falls from 81.0% to 73.6%: equity grows faster than debt.
Key figures and ratios
EBITDA
€12k▲
2023 · €11k
Cash flow
€11k▲
2023 · €11k
Solvency
26.4%▲
2023 · 19.0%
Current ratio
1.28▲
2023 · 0.92
Quick ratio
1.28▲
2023 · 0.92
Debt / equity
2.78▼
2023 · 4.27
ROE
37.0%▲
2023 · 28.5%
ROA
9.8%▲
2023 · 5.4%
Interest coverage
154.09▲
2023 · 142.50
Debt
€31k▲
2023 · €30k
Debt ≤ 1 year
€31k▲
2023 · €30k
Income taxes
€1k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€37k€43k▲
Fixed assets21/28€10k€3k▼
Tangible fixed assets22/27€10k€3k▼
Land and buildings22€7k€1k▼
Furniture and vehicles24€299-
Other tangible fixed assets26€3k€1k▼
Current assets29/58€28k€40k▲
Amounts receivable within one year40/41€2k€3k▲
Trade receivables40€2k€3k▲
Cash at bank and in hand54/58€26k€37k▲
Equity and liabilities
Total equity and liabilities10/49€37k€43k▲
Equity10/15€7k€11k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€5k€9k▲
Amounts payable17/49€30k€31k▲
Amounts payable within one year42/48€30k€31k▲
Trade debts44€1k€1k▼
Suppliers440/4€1k€1k▼
Taxes, remuneration and social security45-€1k
Taxes450/3-€1k
Other amounts payable47/48€29k€29k=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€7k▼
Gross operating margin9900€11k€12k▲
Operating profit (loss)9901€2k€5k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€76€80▲
Recurring financial charges65€76€80▲
Profit (loss) for the period before taxes9903€2k€5k▲
Income taxes67/77-€1k
Profit (loss) for the period9904€2k€4k▲
Profit (loss) for the period to be appropriated9905€2k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€9k▲
Profit (loss) brought forward from the previous period14P€3k€5k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
16-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 47 days late
2023
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
11-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 42 days late
2022
31-12
Financial
Weakest financial yearnet €-3k ▼138%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
08-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 39 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Tielt-Winge · 1 establishment unit since 2020
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.
Berkendreef 93390 Tielt-WingeGround area
3,646 m²
Building footprint
442 m²
Volume, LiDAR
2,246 m³
Parcel 24106A0267/00F003, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PCL Aviation
since 20202.309.406.187
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24106A0267/00F003 | Flanders | 3,646 m² | 1 · 442 m² | 6.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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BE 0820.224.872
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ANGEBA
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Of 24,422 companies in sector 82990 we hold annual accounts for 9,361. 4,735 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-10-2020
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
51100Air transport
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.