PDC PROJECTS
ActiveSummary
PDC PROJECTS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €103k and a net result of €-60k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 30% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
45
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability13▲+3
Solvency33▲+17
Growth52▲+20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity short (current ratio 0.96 against 0.77 in 2024; short-term debt: 91.9% and cash: 16.7% of total assets), and 92.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
27 d early
2023
19 d early
2022
12 d early
2021
16 d early
2020
13 d late
2019
14 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€103k
2024 · €-87k
2018: €-20k
2019: €19k
2020: €62k
2021: €56k
2022: €30k
2023: €-14k
2024: €-87k
2018 → 2025
Total assets
€1.31M▲ 30.5%
2024 · €1.00M
2018: €561k
2019: €286k
2020: €84k
2021: €60k
2022: €897k
2023: €1.03M
2024: €1.00M
2018 → 2025
Net result
€-60k▲ 18.9%
2024 · €-73k
2018: €-10k
2019: €39k
2020: €42k
2021: €-6k
2022: €-26k
2023: €-43k
2024: €-73k
2018 → 2025
Working capital
€-54k▲ 78.7%
2024 · €-253k
2018: €-20k
2019: €19k
2020: €62k
2021: €56k
2022: €-109k
2023: €-178k
2024: €-253k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€56k-€30k▼ 47.1%€-14k€-87k▼ 538%€103k
Operating result€-5k-€-16k▼ 215%€-10k▲ 41.4%€-25k▼ 160%€-25k▲ 1.0%
Net result€-6k-€-26k▼ 352%€-43k▼ 64.3%€-73k▼ 70.3%€-60k▲ 18.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €25k in 2025 against €25k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.31M
Fixed assets
€159k ▼ 5.0%
Current assets
€1.15M ▲ 37.6%
Equity and liabilities €1.31M
Equity
€103k
Debt
€1.20M
Debt finances 92.1% of the balance-sheet total.
Key figures and ratios
EBITDA
€-16k▲
2024 · €-17k
Cash flow
€-51k▲
2024 · €-65k
Current ratio
0.96▲
2024 · 0.77
Quick ratio
0.20▲
2024 · 0.03
Debt to equity
11.65▲
2024 · -12.49
ROE
-57.7%
ROA
-4.6%▲
2024 · -7.3%
Interest coverage
-0.48▼
2024 · -0.35
Debt ≤ 1 year
€1.20M▲
2024 · €1.09M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.00M€1.31M▲
Fixed assets21/28€168k€159k▼
Tangible fixed assets22/27€168k€159k▼
Land and buildings22€131k€127k▼
Plant, machinery and equipment23€36k€32k▼
Current assets29/58€833k€1.15M▲
Stocks and contracts in progress3€804k€909k▲
Stocks30/36€804k€909k▲
Amounts receivable within one year40/41€14k€17k▲
Other amounts receivable41€14k€17k▲
Cash at bank and in hand54/58€15k€218k▲
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€1.00M€1.31M▲
Equity10/15€-87k€103k▲
Contributions10/11€19k€269k▲
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-108k€-167k▼
Amounts payable17/49€1.09M€1.20M▲
Amounts payable within one year42/48€1.09M€1.20M▲
Financial debts43€957k€957k=
Credit institutions430/8€757k€757k=
Other loans439€200k€200k=
Trade debts44€28k€62k▲
Suppliers440/4€28k€62k▲
Taxes, remuneration and social security45€1k-
Taxes450/3€1k-
Other amounts payable47/48€100k€182k▲
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▲
Other operating charges640/8€28k€28k▲
Gross operating margin9900€11k€12k▲
Operating profit (loss)9901€-25k€-25k▲
Financial income75/76B€10€2▼
Recurring financial income75€10€2▼
Financial charges65/66B€48k€35k▼
Recurring financial charges65€48k€35k▼
Profit (loss) for the period before taxes9903€-73k€-60k▲
Profit (loss) for the period9904€-73k€-60k▲
Profit (loss) for the period to be appropriated9905€-73k€-60k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-108k€-167k▼
Profit (loss) brought forward from the previous period14P€-34k€-108k▼
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
Next filing, fiscal year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €100kEq €103k
Equity rises from €-87k to €103k.
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-73k
Net result drops to €-73k, the lowest in the series; recovery starts the following year.
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity quadruplescurrent ratio 13.49
Current ratio from 3.74 to 13.49; short-term debt falls from €22k to €4k.
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
31-12
Financial
Highest result since 2018net €42k ▲7.3%
Operating result €58k, net result €42k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 3.74
Current ratio from 1.07 to 3.74; short-term debt falls from €266k to €22k.
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial
Back to profitnet €39k
Net result €39k after one loss-making year.
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Gistel · 1 establishment unit since 2011
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.
Oostendse Baan 478470 GistelGround area
2,468 m²
Building footprint
688 m²
Volume, LiDAR
5,438 m³
Parcel 35005D0771/00T002, Flanders · tallest building 9.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PDC PROJECTS
since 20112.201.235.648
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35005D0771/00T002 | Flanders | 2,468 m² | 1 · 688 m² | 9.5 m · 3 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.
Similar companies · same sector, comparable size
EmmA
BE 0681.979.977
Ardooie · Eq €103,286
ANTEA
BE 0419.860.639
Evergem · Eq €103,268
CADRY IMMO
BE 0657.923.680
Liège · Eq €103,226
SIL
BE 0765.316.835
Aalst · Eq €103,216
BENJAMIN DE GEYTER Immobilier
BE 0538.629.023
Jurbise · Eq €103,152
Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 5,306 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-07-2011
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
81100Combined facilities support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.