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PEC Diagnostics

Active
Private limited companyfounded 2020active for 6 yearsHazelaarlei 5, 2820 Bonheiden, BelgiumKBO/BCE: BE 0745.508.643
Summary

PEC Diagnostics has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €300,800 and a net result of €297,800. Equity is growing by about 28% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€300,800▲ 8.2%
2024 · €278,107
Total assets
€334,225▲ 12.7%
2024 · €296,530
Net result
€297,800▲ 8.2%
2024 · €275,107
Working capital
€294,065▲ 6.5%
2024 · €276,079
Trend over the years

2021 to 2025, 5 financial years 2020 to 2025, 6 financial years

After the dip in 2022 the operating result has climbed three years in a row; 2025 is 8% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€392,875 2025 Net result€297,800 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line202020212022202320242025
Operating result€70,511-€43,214▼ 38.7%€30,026▼ 30.5%€328,006▲ 992%€362,374▲ 10.5%€392,875▲ 8.4%
Net result€55,974-€33,583▼ 40.0%€23,218▼ 30.9%€248,920▲ 972%€275,107▲ 10.5%€297,800▲ 8.2%
Equity€58,974-€92,557▲ 56.9%€115,775▲ 25.1%€251,920▲ 118%€278,107▲ 10.4%€300,800▲ 8.2%
Total assets€75,167-€121,046▲ 61.0%€131,769▲ 8.9%€269,387▲ 104%€296,530▲ 10.1%€334,225▲ 12.7%
Debt€16,193-€28,489▲ 75.9%€15,993▼ 43.9%€17,466▲ 9.2%€18,424▲ 5.5%€33,425▲ 81.4%
Working capital€57,409-€92,057▲ 60.4%€115,775▲ 25.8%€251,920▲ 118%€276,079▲ 9.6%€294,065▲ 6.5%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €334,225
Fixed assets €6,735 ▲ 232%
Current assets €327,490 ▲ 11.2%
Equity and liabilities €334,225
Equity €300,800 ▲ 8.2%
Debt €33,425 ▲ 81.4%
Debt's share of the balance-sheet total rises from 6.2% to 10.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€394,583▲
2024 · €362,447
Cash flow
€299,508▲
2024 · €275,179
Current ratio
9.80▼
2024 · 15.99
Debt to equity
0.11▲
2024 · 0.07
ROE
99.0%▲
2024 · 98.9%
ROA
89.1%▼
2024 · 92.8%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€33,425▲
2024 · €18,424
Income taxes
€94,598▲
2024 · €87,166
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
94.9% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€296,530€334,225▲
Fixed assets21/28€2,027€6,735▲
Tangible fixed assets22/27€2,027€6,735▲
Furniture and vehicles24€2,027€6,735▲
Current assets29/58€294,503€327,490▲
Current investments50/53-€11,650
Cash at bank and in hand54/58€293,500€314,709▲
Deferred charges and accrued income490/1€1,003€1,131▲
Equity and liabilities
Total equity and liabilities10/49€296,530€334,225▲
Equity10/15€278,107€300,800▲
Contributions10/11€3,000€3,000=
Reserves13€275,107€297,800▲
Distributable reserves133€275,107€297,800▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€18,424€33,425▲
Amounts payable within one year42/48€18,424€33,425▲
Trade debts44€1,135€156▼
Suppliers440/4€1,135€156▼
Taxes, remuneration and social security45€11,666€29,098▲
Taxes450/3€11,666€29,098▲
Other amounts payable47/48€5,622€4,172▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€73€1,708▲
Other operating charges640/8€126€1,091▲
Gross operating margin9900€362,573€395,674▲
Operating profit (loss)9901€362,374€392,875▲
Financial income75/76B€0€6▲
Recurring financial income75€0€6▲
Financial charges65/66B€101€484▲
Recurring financial charges65€101€484▲
Profit (loss) for the period before taxes9903€362,273€392,397▲
Income taxes67/77€87,166€94,598▲
Profit (loss) for the period9904€275,107€297,800▲
Profit (loss) for the period to be appropriated9905€275,107€297,800▲
Appropriation of the result
Profit (loss) to be appropriated9906€275,107€297,800▲
Transfer from equity791/2€248,920€275,107▲
Transfer to equity691/2€275,107€297,800▲
To other reserves6921€275,107€297,800▲
Profit to be distributed694/7€248,920€275,107▲
Return on contributions (dividend)694€248,920€275,107▲

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€522€17€0-€73€1,708▲ 2,244%
Other operating charges640/8-€436€266€640€126€1,091▲ 765%
Non-recurring operating charges66A-€448€0----
Gross operating margin9900€71,180€44,115€30,292€328,645€362,573€395,674▲ 9.1%
Operating profit (loss)9901€70,511€43,214€30,026€328,006€362,374€392,875▲ 8.4%
Financial income75/76B----€0€6▲ 59,700%
Recurring financial income75----€0€6▲ 59,700%
Financial charges65/66B-€128€86€126€101€484▲ 377%
Recurring financial charges65€51€128€86€126€101€484▲ 377%
Profit (loss) for the period before taxes9903€70,460€43,086€29,941€327,879€362,273€392,397▲ 8.3%
Income taxes67/77€14,486€9,503€6,722€78,959€87,166€94,598▲ 8.5%
Profit (loss) for the period9904€55,974€33,583€23,218€248,920€275,107€297,800▲ 8.2%
Profit (loss) for the period to be appropriated9905€55,974€33,583€23,218€248,920€275,107€297,800▲ 8.2%
Line202020212022202320242025Change
Assets
Total assets20/58€75,167€121,046€131,769€269,387€296,530€334,225▲ 12.7%
Fixed assets21/28€1,566€500€0-€2,027€6,735▲ 232%
Tangible fixed assets22/27€1,566€0--€2,027€6,735▲ 232%
Furniture and vehicles24-€0--€2,027€6,735▲ 232%
Financial fixed assets28-€500€0----
Current assets29/58€73,601€120,546€131,769€269,387€294,503€327,490▲ 11.2%
Amounts receivable within one year40/41-€12,481€0----
Trade receivables40-€11,705€0----
Other amounts receivable41-€777€0----
Current investments50/53-----€11,650-
Cash at bank and in hand54/58€73,070€107,453€120,854€267,602€293,500€314,709▲ 7.2%
Deferred charges and accrued income490/1-€612€10,914€1,785€1,003€1,131▲ 12.8%
Equity and liabilities
Total equity and liabilities10/49€75,167€121,046€131,769€269,387€296,530€334,225▲ 12.7%
Equity10/15€58,974€92,557€115,775€251,920€278,107€300,800▲ 8.2%
Contributions10/11-€3,000€3,000€3,000€3,000€3,000=
Reserves13€55,974€89,557€112,775€248,920€275,107€297,800▲ 8.2%
Distributable reserves133-€89,557€112,775€248,920€275,107€297,800▲ 8.2%
Profit (loss) carried forward14---€0€0€0-
Amounts payable17/49€16,193€28,489€15,993€17,466€18,424€33,425▲ 81.4%
Amounts payable within one year42/48€16,193€28,489€15,993€17,466€18,424€33,425▲ 81.4%
Trade debts44€207€0€3,569€1,293€1,135€156▼ 86.3%
Suppliers440/4-€0€3,569€1,293€1,135€156▼ 86.3%
Taxes, remuneration and social security45-€28,489€11,222€10,682€11,666€29,098▲ 149%
Taxes450/3-€28,489€11,222€10,682€11,666€29,098▲ 149%
Other amounts payable47/48--€1,202€5,492€5,622€4,172▼ 25.8%
Line202020212022202320242025Change
Profit (loss) for the period9904€55,974€33,583€23,218€248,920€275,107€297,800▲ 8.2%
+ Depreciation and write-downs630€522€17€0-€73€1,708▲ 2,244%
Operating cash flow (approximation)€56,497€33,600€23,218€248,920€275,179€299,508▲ 8.8%
Investment in fixed assets (approximation)-€1,048€500---€6,416-
Change in cash-€34,383€13,402€146,747€25,898€21,209▼ 18.1%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference
31-12-2025 micro format 03-07-2026 2026-00255688
31-12-2024 micro format 28-04-2025 2025-00081299
31-12-2023 micro format 22-05-2024 2024-00092367
31-12-2022 micro format 02-06-2023 2023-00118100
31-12-2021 micro format 03-06-2022 2022-20048822
31-12-2020 micro format 07-07-2021 2021-31600274

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.