PDService&QualityMeat
ActiveSummary
The computed 12-month bankruptcy probability of PDService&QualityMeat is 6.0% (elevated). The annual accounts of PDService&QualityMeat for fiscal year 2025 show a net loss of 57% of the equity at the start of that year. The 2025 annual accounts show equity of €59k and a net result of €-80k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 4157 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
17
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability16▼-59
Solvency27▼-2
Growth78=
Track record94
Bankruptcy probability, 12 months
6.0%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.99 against 1.24 in 2024; short-term debt: 96.2% and cash: 0.1% of total assets), and 98.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 4157 sector peers (2025).
NBB · sector comparisonPosition among 4157 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 5 filingsDeviation from the deadline
2025
31 d late
2024
20 d late
2023
121 d late
2022
30 d late
2021
29 d late
← 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, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-80k
2024 · €161k
2021: €-167k
2022: €161k
2023: €123k
2024: €161k
2021 → 2025
Working capital
€-35k
2024 · €617k
2021: €-189k
2022: €-54k
2023: €407k
2024: €617k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-106k-€55k€179k▲ 222%€139k▼ 22.0%€59k▼ 57.5%
Operating result€-164k-€158k€153k▼ 3.3%€194k▲ 26.3%€-110k
Net result€-167k-€161k€123k▼ 23.6%€161k▲ 30.5%€-80k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €110k after €194k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.24M
Fixed assets
€158k ▲ 8.2%
Current assets
€3.09M ▼ 4.4%
Equity and liabilities €3.24M
Equity
€59k ▼ 57.5%
Debt
€3.18M ▼ 1.5%
Debt's share of the balance-sheet total rises from 95.9% to 98.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-46k▼
2024 · €235k
Cash flow
€-16k▼
2024 · €202k
Current ratio
0.99▼
2024 · 1.24
Quick ratio
0.93▼
2024 · 1.18
Debt to equity
53.78▲
2024 · 23.22
ROE
-135.2%▼
2024 · 115.4%
ROA
-2.5%▼
2024 · 4.8%
Interest coverage
-10.36▼
2024 · 77.42
Debt ≤ 1 year
€3.12M▲
2024 · €2.61M
Income taxes
€113▼
2024 · €55k
Staff costs
€2.79M▲
2024 · €2.20M
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.37M€3.24M▼
Fixed assets21/28€146k€158k▲
Tangible fixed assets22/27€146k€158k▲
Plant, machinery and equipment23€146k€158k▲
Current assets29/58€3.23M€3.09M▼
Stocks and contracts in progress3€155k€176k▲
Stocks30/36€155k€176k▲
Amounts receivable within one year40/41€3.05M€2.91M▼
Trade receivables40€404k€529k▲
Other amounts receivable41€2.65M€2.38M▼
Cash at bank and in hand54/58€21k€2k▼
Equity and liabilities
Total equity and liabilities10/49€3.37M€3.24M▼
Equity10/15€139k€59k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€78k€6k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€72k-
Profit (loss) carried forward14-€-8k
Amounts payable17/49€3.23M€3.18M▼
Amounts payable within one year42/48€2.61M€3.12M▲
Trade debts44€2.26M€2.63M▲
Suppliers440/4€2.26M€2.63M▲
Taxes, remuneration and social security45€14k€21k▲
Taxes450/3-€351
Remuneration and social security454/9€14k€21k▲
Other amounts payable47/48€336k€471k▲
Accrued charges and deferred income492/3€624k€64k▼
Income statement
Code20242025
Remuneration, social security and pensions62€2.20M€2.79M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42k€64k▲
Other operating charges640/8€7k€17k▲
Gross operating margin9900€2.44M€2.76M▲
Operating profit (loss)9901€194k€-110k▼
Financial income75/76B€26k€34k▲
Recurring financial income75€26k€34k▲
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€216k€-80k▼
Income taxes67/77€55k€113▼
Profit (loss) for the period9904€161k€-80k▼
Profit (loss) for the period to be appropriated9905€161k€-80k▼
Appropriation of the result
Profit (loss) to be appropriated9906€161k€-80k▼
Transfer from equity791/2€39k€72k▲
Profit to be distributed694/7€200k-
Return on contributions (dividend)694€200k-
The notes to these accounts (5 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 20 days late
2024
29-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 121 days late
2023
31-12
Financial
Equity above €150kEq €179k ▲222%
2 profitable years in a row build equity to €179k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-12
Financial
Back to profitnet €161k
Net result €161k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 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, Turnhout · 13 establishment units 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.
Parklaan 1702300 TurnhoutGround area
6.2 ha
Building footprint
2.4 ha
Volume, LiDAR
98,848 m³
13 parcels, Flanders · tallest building 15.6 m, ±4 floors. Linked by address, not a title deed.
13 establishment units
AD DELHAIZE BEERSE
since 20202.309.539.811
AD DELHAIZE VOSSELAAR
since 20202.309.540.108
AD DELHAILZE TURNHOUT
since 20202.309.540.306
AD DELHAIZE VLIJTINGEN
since 20222.338.977.529
AD DELHAIZE TESSENDERLO
since 20232.341.875.948
AD Delhaize Hasselt
since 20242.362.276.038
Show 7 more locations
AD Delhaize Fruithof
since 20242.362.276.137
AD Delhaize Waterschei
since 20242.362.276.236
AD Delhaize Sint-Truiden
since 20242.362.276.335
AD Delhaize Houthalen
since 20242.362.276.533
AD Delhaize Diest
since 20242.362.276.632
AD Delhaize Grobbendonk
since 20252.370.505.695
AD DELHAIZE Boechout
since 20262.390.019.820
13 parcels
Flanders
13
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11004D0169/00L002 | Flanders | 1.3 ha | 1 · 582 m² | 13.8 m · 4 fl. |
| 13452N0257/00D006 | Flanders | 9,899 m² | 1 · 2,465 m² | 10.2 m · 2 fl. |
| 72015B0509/00H000 | Flanders | 9,524 m² | 1 · 2,825 m² | 9.5 m · 2 fl. |
| 13010A0424/00W000 | Flanders | 7,087 m² | 1 · 1,497 m² | 7.1 m · 2 fl. |
| 71324E0139/00P004 | Flanders | 4,528 m² | 1 · 3,017 m² | 15.6 m · 2 fl. |
| 71352D0823/00L002 | Flanders | 4,465 m² | 1 · 2,967 m² | 10.8 m · 2 fl. |
| 11003A0339/00V000 | Flanders | 4,414 m² | 1 · 2,586 m² | 9.7 m · 2 fl. |
| 71308A0827/00A225 | Flanders | 4,156 m² | 1 · 5,448 m² | - |
| 71057A0920/00N000 | Flanders | 2,891 m² | 1 · 1,123 m² | 10.4 m · 1 fl. |
| 73092A0332/00R000 | Flanders | 918 m² | 1 · 104 m² | 9.4 m · 2 fl. |
| 24020A0737/00K000 | Flanders | 635 m² | 1 · 549 m² | - |
| 13004C0081/00L003 | Flanders | 506 m² | 1 · 506 m² | 12.2 m · 1 fl. |
| 13046A0207/00B003 | Flanders | 37 m² | 1 · 37 m² | 2.7 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 12
13 of 13 parcels 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 · 2 entries · 4,000 EUR awarded · 4,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,000 EUR | 2,000 EUR |
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
13 sitesAntwerpen2.362.276.137
Beerse2.309.539.811
Boechout2.390.019.820
Diest2.362.276.632
Show 9 more sites
Genk2.362.276.236
Grobbendonk2.370.505.695
Hasselt2.362.276.038
Houthalen-Helchteren2.362.276.533
Riemst2.338.977.529
Sint-Truiden2.362.276.335
Tessenderlo-Ham2.341.875.948
Turnhout2.309.540.306
Vosselaar2.309.540.108
Similar companies · same sector, comparable size
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L'ECRIN DE NATURE
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Of 269 companies in sector 47222 we hold annual accounts for 134. 110 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 formPublic limited company
Founded05-11-2020
Fiscal year end31-12
Abbreviation NL
PDS
Activities, NACEBEL 2025
47221Retail sale of meat and meat products, excluding game and poultry
47222Retail trade
46322Wholesale trade
47271Retail trade
47279Other retail sale of food
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.