PE&C
ActiveSummary
PE&C has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €92k and a net result of €-7k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 95% of 9494 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability17▼-17
Solvency100▲+21
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 23.98 against 2.14 in 2024; short-term debt: 3.4% and cash: 14.1% of total assets), and 3.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
96.3%
Return on assets
-7%
Age of the figures
15 mo
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 30-06-2025 was due by 31-01-2026 and was filed on 22-12-2025, 40 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
40 d early
2024
2 d early
2023
1 d early
2022
45 d early
2021
on the day
2020
2 d early
2019
8 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€92k▼ 6.8%
2024 · €99k
2019: €89klowest in 7 years
2020: €124k▲ +39.6% vs 2019
2021: €139k▲ +12.1% vs 2020
2022: €152k▲ +9.3% vs 2021
2023: €152k▲ +0.4% vs 2022highest in 7 years
2024: €99k▼ -34.8% vs 2023
2025: €92k▼ -6.8% vs 2024
2019 → 2025
Total assets
€96k▼ 47.7%
2024 · €183k
2019: €139k
2020: €156k▲ +12.1% vs 2019
2021: €216k▲ +38.6% vs 2020
2022: €244k▲ +13.0% vs 2021
2023: €253k▲ +3.7% vs 2022highest in 7 years
2024: €183k▼ -27.6% vs 2023
2025: €96k▼ -47.7% vs 2024lowest in 7 years
2019 → 2025
Net result
€-7k
2024 · €7k
2019: €48khighest in 7 years
2020: €36k▼ -25.9% vs 2019
2021: €15k▼ -58.2% vs 2020
2022: €13k▼ -14.2% vs 2021
2023: €581▼ -95.5% vs 2022
2024: €7k▲ +1107% vs 2023
2025: €-7k▼ -196% vs 2024lowest in 7 years
2019 → 2025
Working capital
€76k▼ 21.3%
2024 · €96k
2019: €89k
2020: €123k▲ +38.5% vs 2019
2021: €135k▲ +10.3% vs 2020
2022: €149k▲ +10.1% vs 2021highest in 7 years
2023: €149k▼ -0.2% vs 2022
2024: €96k▼ -35.3% vs 2023
2025: €76k▼ -21.3% vs 2024lowest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€139k-€152k▲ 9.3%€152k▲ 0.4%€99k▼ 34.8%€92k▼ 6.8%
2021: €139k
2022: €152k▲ +9.3% vs 2021
2023: €152k▲ +0.4% vs 2022highest in 5 years
2024: €99k▼ -34.8% vs 2023
2025: €92k▼ -6.8% vs 2024lowest in 5 years
Operating result€73k-€53k▼ 27.8%€40k▼ 23.4%€49k▲ 21.0%€28k▼ 42.4%
2021: €73khighest in 5 years
2022: €53k▼ -27.8% vs 2021
2023: €40k▼ -23.4% vs 2022
2024: €49k▲ +21.0% vs 2023
2025: €28k▼ -42.4% vs 2024lowest in 5 years
Net result€15k-€13k▼ 14.2%€581▼ 95.5%€7k▲ 1,107%€-7k
2021: €15khighest in 5 years
2022: €13k▼ -14.2% vs 2021
2023: €581▼ -95.5% vs 2022
2024: €7k▲ +1107% vs 2023
2025: €-7k▼ -196% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 42% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €96k
Fixed assets
€17k ▲ 418%
Current assets
€79k ▼ 56.2%
Equity and liabilities €96k
Equity
€92k ▼ 6.8%
Debt
€4k ▼ 95.8%
Debt's share of the balance-sheet total falls from 46.0% to 3.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€29k▼
2024 · €49k
Cash flow
€-5k▼
2024 · €7k
Current ratio
23.98▲
2024 · 2.14
Debt to equity
0.04▼
2024 · 0.85
ROE
-7.3%▼
2024 · 7.1%
ROA
-7.0%▼
2024 · 3.8%
Interest coverage
0.84▼
2024 · 1.27
Debt ≤ 1 year
€3k▼
2024 · €84k
Income taxes
€398▼
2024 · €3k
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 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€183k€96k▼
Fixed assets21/28€3k€17k▲
Tangible fixed assets22/27€3k€17k▲
Other tangible fixed assets26€3k€17k▲
Current assets29/58€180k€79k▼
Amounts receivable within one year40/41€20k€14k▼
Trade receivables40€20k€2k▼
Other amounts receivable41€0€13k▲
Current investments50/53€150k€50k▼
Cash at bank and in hand54/58€5k€14k▲
Deferred charges and accrued income490/1€5k€975▼
Equity and liabilities
Total equity and liabilities10/49€183k€96k▼
Equity10/15€99k€92k▼
Contributions10/11€19k€19k=
Reserves13€80k€74k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€79k€72k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€84k€4k▼
Amounts payable within one year42/48€84k€3k▼
Trade debts44€2k€969▼
Suppliers440/4€2k€969▼
Taxes, remuneration and social security45€7k€2k▼
Taxes450/3€7k€2k▼
Other amounts payable47/48€75k€187▼
Accrued charges and deferred income492/3€282€272▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€450€1k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€50k€31k▼
Operating profit (loss)9901€49k€28k▼
Financial income75/76B€531€474▼
Recurring financial income75€531€474▼
Financial charges65/66B€39k€35k▼
Recurring financial charges65€39k€35k▼
Profit (loss) for the period before taxes9903€10k€-6k▼
Income taxes67/77€3k€398▼
Profit (loss) for the period9904€7k€-7k▼
Profit (loss) for the period to be appropriated9905€7k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€-7k▼
Transfer from equity791/2€60k€7k▼
Transfer to equity691/2€7k€0▼
To other reserves6921€7k€0▼
Profit to be distributed694/7€60k€0▼
Return on contributions (dividend)694€60k€0▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €607 | €794 | €616 | €450 | €1k | ▲ 182% |
| Other operating charges640/8 | - | €2k | €2k | €1k | €2k | ▲ 62.3% |
| Gross operating margin9900 | €75k | €55k | €43k | €50k | €31k | ▼ 37.9% |
| Operating profit (loss)9901 | €73k | €53k | €40k | €49k | €28k | ▼ 42.4% |
| Financial income75/76B | - | €10 | - | €531 | €474 | ▼ 10.9% |
| Recurring financial income75 | - | €10 | - | €531 | €474 | ▼ 10.9% |
| Financial charges65/66B | - | €34k | €38k | €39k | €35k | ▼ 10.2% |
| Recurring financial charges65 | €53k | €34k | €38k | €39k | €35k | ▼ 10.2% |
| Profit (loss) for the period before taxes9903 | €20k | €18k | €3k | €10k | €-6k | ▼ 161% |
| Income taxes67/77 | €5k | €5k | €2k | €3k | €398 | ▼ 88.3% |
| Profit (loss) for the period9904 | €15k | €13k | €581 | €7k | €-7k | ▼ 196% |
| Profit (loss) for the period to be appropriated9905 | €15k | €13k | €581 | €7k | €-7k | ▼ 196% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €216k | €244k | €253k | €183k | €96k | ▼ 47.7% |
| Fixed assets21/28 | €4k | €3k | €4k | €3k | €17k | ▲ 418% |
| Tangible fixed assets22/27 | €4k | €3k | €4k | €3k | €17k | ▲ 418% |
| Furniture and vehicles24 | - | €257 | - | - | - | - |
| Other tangible fixed assets26 | - | €3k | €4k | €3k | €17k | ▲ 418% |
| Current assets29/58 | €212k | €241k | €250k | €180k | €79k | ▼ 56.2% |
| Amounts receivable within one year40/41 | €48k | €27k | €17k | €20k | €14k | ▼ 27.4% |
| Trade receivables40 | - | €26k | €15k | €20k | €2k | ▼ 92.1% |
| Other amounts receivable41 | - | €576 | €2k | €0 | €13k | - |
| Current investments50/53 | €160k | €200k | €210k | €150k | €50k | ▼ 66.7% |
| Cash at bank and in hand54/58 | €4k | €15k | €21k | €5k | €14k | ▲ 158% |
| Deferred charges and accrued income490/1 | - | €115 | €801 | €5k | €975 | ▼ 80.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €216k | €244k | €253k | €183k | €96k | ▼ 47.7% |
| Equity10/15 | €139k | €152k | €152k | €99k | €92k | ▼ 6.8% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €120k | €133k | €133k | €80k | €74k | ▼ 8.3% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €131k | €132k | €79k | €72k | ▼ 8.5% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €77k | €93k | €101k | €84k | €4k | ▼ 95.8% |
| Amounts payable within one year42/48 | €77k | €93k | €101k | €84k | €3k | ▼ 96.1% |
| Trade debts44 | €6k | €3k | €2k | €2k | €969 | ▼ 48.3% |
| Suppliers440/4 | - | €3k | €2k | €2k | €969 | ▼ 48.3% |
| Taxes, remuneration and social security45 | - | €4k | €6k | €7k | €2k | ▼ 71.0% |
| Taxes450/3 | - | €4k | €6k | €7k | €2k | ▼ 71.0% |
| Other amounts payable47/48 | - | €85k | €94k | €75k | €187 | ▼ 99.7% |
| Accrued charges and deferred income492/3 | - | €230 | €250 | €282 | €272 | ▼ 3.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15k | €13k | €581 | €7k | €-7k | ▼ 196% |
| + Depreciation and write-downs630 | €607 | €794 | €616 | €450 | €1k | ▲ 182% |
| Operating cash flow (approximation) | €16k | €14k | €1k | €7k | €-5k | ▼ 173% |
| Investment in fixed assets (approximation) | - | €0 | €-2k | €0 | €-15k | - |
| Change in cash | - | €11k | €7k | €-16k | €8k | ▲ 151% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
22-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series.
30-06
Financial
Liquidity times 11current ratio 23.98
Current ratio from 2.14 to 23.98; short-term debt falls from €84k to €3k.
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
17-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Equity above €150kEq €152k ▲9.3%
4 profitable years in a row build equity to €152k.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Equity above €100kEq €124k ▲39.6%
2 profitable years in a row build equity to €124k.
23-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
04-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
22-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
16-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Kortrijk · 1 establishment unit since 2014
Ground area
9,215 m²
Building footprint
3,590 m²
Volume, LiDAR
49,165 m³
Parcel 34353B0083/00Y004, Flanders · tallest building 21.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
PE&C
since 20142.227.951.923
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34353B0083/00Y004 | Flanders | 9,215 m² | 1 · 3,590 m² | 21.6 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Legal Entity Identifier
254900OYOWLQWAXE1868
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Of 11,546 companies in sector 71121 we hold annual accounts for 6,561. 5,218 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded21-02-2014
Fiscal year end30-06
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
62900Other information technology and computer services
71209Other technical testing and analysis
72109Other research and development on natural sciences
Scores and ratios are computed by Checked and are not a credit decision.