Skip to content

PDG DESIGN

Active
Private limited companyfounded 200520 yrs activeVertinge 49, 8420 De Haan, BelgiumKBO/BCE: BE 0877.660.453
Summary

PDG DESIGN has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€111,280) and a net result of -€8,464. Equity is shrinking by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 4343 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

What they do
Design of textile patterns, clothing, jewellery, furniture and decorative items
NACE 74111NACE 74101NACE 74877
1 site
How big
€9,016total assets 2024
Equity
-€111,280
Loss
-€8,464
Turnover not published (abridged schema)
Financially healthy?
53 Fair Checked score 2024
Bankruptcy chance 12 m
1.0%
Who decides
Accounts 63 d overdue0 of 1 deed read
Why 53Capped at 59: negative equity- 1 financial year not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 late- Negative equity -€111,280+ Size: total assets €9,016+ Sector Other professional, scientific and technical activities (NACE 74)Show the evidence

Checked score

Score 2024
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 14% of its sector peers (NACE 74, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency 0=
equity -1234.2% of total assets
Liquidity 24+7
short-term debt 1206.3% · cash 18.9%
Profitability 0=
return on assets -93.9%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (5,337 companies)
Last 3 months 08-2026: 1.1%highest value 09-2026: 1.1%▼ -4.0% vs 08-2026 10-2026: 1.0%▼ -6.7% vs 09-2026lowest value
  • Size: total assets €9,016 lowers the probability for this profile
  • Sector Other professional, scientific and technical activities (NACE 74) lowers the probability
  • 1 financial year not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 late raises the probability
  • Negative equity -€111,280 raises the probability
No credit on open account
Liquidity short (current ratio 0.07 against 0.09 in 2023; cash: 18.9% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 74, micro). Better than this share of them on solvency 6%, liquidity 14%, profitability 7%, growth against the median 32%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €9,016
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Sector Other professional, scientific and technical activities (NACE 74)
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Negative equity -€111,280
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€111,280
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2023
68 d late
2022
254 d late
2021
281 d late
2020
66 d late
2019
96 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 138 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% 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
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Annual accounts filedfiscal year 2022 · micro…

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€111,280 View
  • Risk: 7 loss-making years in a rowloss fiscal year 2024 -€8,464 View
  • Caution: Among the weakest 5% on solvencysector median 50.3% · 4,343 companies -1234.2% View
  • Caution: Accounts not fileddeadline was 31-07-2026 63 d late View

By topic

Financials

Fiscal year
2024
Total assets
€9,016
Loss
-€8,464
Solvency
-1234.2%
Total assets▼ 19.1%
Net result
20182024
Go to Financials

Timeline

Events
11
Since
2016
  1. 30-09-2025Annual accounts filed
  2. 07-10-2024Annual accounts filed
  3. 10-04-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Design of textile patterns, clothing, jewellery, furniture and…NACE 74111
Founded
02-12-2005
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.