PDL INVEST
InactivePDL INVEST was declared bankrupt on 28-11-2023 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 29-10-2024, published in the Belgian State Gazette on 05-11-2024.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-01-2021. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 4 filingsPosition against the passed deadline
31-01-2022 close31-08-2022 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-01-2021 was due by 31-08-2021 and was filed on 24-11-2021, 85 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 · 4 filingsDeviation from the deadline
2026
not confirmed
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
85 d late
2020
84 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Turnover
€550k▲ 73.3%
2020 · €318k
2019: €272k
2020: €318k
2019 → 2021
EBIT margin
15.1%▼ 3.9pp
2020 · 19.0%
2019: 9.3%
2020: 19.0%
2019 → 2021
Net result
€58k▲ 30.8%
2020 · €44k
2019: €16k
2020: €44k
2019 → 2021
Working capital
€63k▼ 1.2%
2020 · €63k
2019: €32k
2020: €63k
2019 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201920202021Trend
Turnover€272k-€318k▲ 16.9%€550k▲ 73.3%
Equity€40k-€76k▲ 89.5%€64k▼ 15.9%
Operating result€25k-€60k▲ 138%€83k▲ 38.0%
Net result€16k-€44k▲ 177%€58k▲ 30.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2021 is 38% above 2020 and is the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €356k
Fixed assets
€41k▲ 220%
Current assets
€315k▲ 53.5%
Equity and liabilities €356k
Equity
€64k▼ 15.9%
Debt
€292k▲ 106%
The debt ratio rises from 65.1% to 82.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€99k▲
2020 · €67k
Cash flow
€73k▲
2020 · €50k
Solvency
18.0%▼
2020 · 34.9%
Current ratio
1.25▼
2020 · 1.45
Quick ratio
1.25▼
2020 · 1.45
Debt / equity
0.62
ROE
89.7%▲
2020 · 57.7%
ROA
16.2%▼
2020 · 20.2%
Debt
€292k▲
2020 · €142k
Debt ≤ 1 year
€252k▲
2020 · €142k
Debt > 1 year
€40k
Income taxes
€20k▲
2020 · €6k
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€218k€356k▲
Fixed assets21/28€13k€41k▲
Tangible fixed assets22/27€13k€41k▲
Current assets29/58€205k€315k▲
Amounts receivable within one year40/41€189k€215k▲
Cash at bank and in hand54/58€16k€40k▲
Equity and liabilities
Total equity and liabilities10/49€218k€356k▲
Equity10/15€76k€64k▼
Reserves13€2k€2k=
Profit (loss) carried forward14€56k€44k▼
Amounts payable17/49€142k€292k▲
Amounts payable after more than one year17-€40k
Amounts payable within one year42/48€142k€252k▲
Trade debts44€116k€138k▲
Income statement
Code20202021
Turnover70€318k€550k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€16k▲
Gross operating margin9900€67k€105k▲
Operating profit (loss)9901€60k€83k▲
Recurring financial charges65€10k€6k▼
Profit (loss) for the period before taxes9903€50k€77k▲
Income taxes67/77€6k€20k▲
Profit (loss) for the period9904€44k€58k▲
Profit (loss) for the period to be appropriated9905€44k€58k▲
Appropriation of the result
Return on contributions (dividend)694-€70k
Timeline · acts, filings and financial milestones
2024
05-11
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · PDL INVEST BV EMILE BOCKSTAELLAAN 328, 1020 BRUSSEL 2 · event 29-10-2024
2023
04-12
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · PDL INVEST BV EMILE BOCKSTAELLAAN 328, 1020 BRUSSEL 2 · event 28-11-2023
2021
24-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 85 days late
31-01
Financial
Highest result since 2019net €58k ▲30.8%
Operating result €83k, net result €58k, both a record.
2020
23-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 84 days late
2019
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
SignalFinancial 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHARLOTTE PIERS GROENKRAAGLAAN 3,
1170 BRUSSEL 17 |
28-11-2023 → present |