PEMA TECHNICS
ActiveSummary
PEMA TECHNICS has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-344k) and a net result of €13k. Equity is shrinking by ~37.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 1030 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
41
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability42▲+42
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.44 against 0.34 in 2024; short-term debt: 196.4% and cash: 10.1% of total assets), and equity is negative.
Credit advice 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
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
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
-97.5%
Return on assets
3.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 1030 sector peers (2025).
NBB · sector comparisonPosition among 1030 sector peers
Solvency
better than 5%
← 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 06-08-2026, 6 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 filingsDeviation from the deadline
2025
6 d late
2024
6 d late
2023
27 d late
2022
31 d late
2021
78 d late
2020
123 d late
2019
69 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, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€-344k▲ 3.7%
2024 · €-358k
2018: €374k
2019: €385k
2020: €385k
2021: €128k
2022: €-15k
2023: €-198k
2024: €-358k
2018 → 2025
Total assets
€353k▲ 61.5%
2024 · €219k
2018: €848k
2019: €848k
2020: €807k
2021: €724k
2022: €570k
2023: €365k
2024: €219k
2018 → 2025
Net result
€13k
2024 · €-159k
2018: €59k
2019: €59k
2020: €-204k
2021: €-53k
2022: €-143k
2023: €-183k
2024: €-159k
2018 → 2025
Working capital
€-387k▼ 2.4%
2024 · €-378k
2018: €226k
2019: €226k
2020: €261k
2021: €80k
2022: €-58k
2023: €-220k
2024: €-378k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€128k-€-15k€-198k▼ 1,210%€-358k▼ 80.3%€-344k▲ 3.7%
Operating result€-46k-€-136k▼ 194%€-174k▼ 27.6%€-141k▲ 19.0%€31k
Net result€-53k-€-143k▼ 168%€-183k▼ 28.3%€-159k▲ 13.1%€13k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €31k after a loss of €141k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €353k
Fixed assets
€47k ▲ 115%
Current assets
€306k ▲ 55.5%
Key figures and ratios
EBITDA
€40k▲
2024 · €-128k
Cash flow
€22k▲
2024 · €-147k
Solvency
-97.5%▲
2024 · -163.5%
Current ratio
0.44▲
2024 · 0.34
Quick ratio
0.28▲
2024 · 0.18
Debt to equity
-2.03▼
2024 · -1.61
ROA
3.7%▲
2024 · -72.8%
Interest coverage
2.24▲
2024 · -6.63
Debt
€697k▲
2024 · €576k
Debt ≤ 1 year
€693k▲
2024 · €575k
Staff costs
€326k▼
2024 · €354k
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 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€219k€353k▲
Fixed assets21/28€22k€47k▲
Tangible fixed assets22/27€22k€47k▲
Plant, machinery and equipment23€18k€45k▲
Furniture and vehicles24€4k€1k▼
Current assets29/58€197k€306k▲
Stocks and contracts in progress3€93k€114k▲
Stocks30/36€54k€77k▲
Contracts in progress37€38k€37k▼
Amounts receivable within one year40/41€58k€152k▲
Trade receivables40€58k€143k▲
Other amounts receivable41€11€9k▲
Cash at bank and in hand54/58€42k€36k▼
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€219k€353k▲
Equity10/15€-358k€-344k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€323k€323k=
Non-distributable reserves130/1€12k€12k=
Legal reserve130€12k€12k=
Distributable reserves133€311k€311k=
Profit (loss) carried forward14€-743k€-729k▲
Amounts payable17/49€576k€697k▲
Amounts payable within one year42/48€575k€693k▲
Current portion of amounts payable after more than one year42€3k€0▼
Financial debts43€92k€92k▼
Credit institutions430/8€92k€92k▼
Trade debts44€173k€137k▼
Suppliers440/4€173k€137k▼
Taxes, remuneration and social security45€54k€40k▼
Taxes450/3€4k€0▼
Remuneration and social security454/9€50k€40k▼
Other amounts payable47/48€253k€424k▲
Accrued charges and deferred income492/3€2k€4k▲
Income statement
Code20242025
Remuneration, social security and pensions62€354k€326k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€9k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€12k€-754▼
Other operating charges640/8€1k€7k▲
Gross operating margin9900€240k€372k▲
Operating profit (loss)9901€-141k€31k▲
Financial income75/76B€936€94▼
Recurring financial income75€936€94▼
Financial charges65/66B€19k€18k▼
Recurring financial charges65€19k€18k▼
Profit (loss) for the period before taxes9903€-159k€13k▲
Profit (loss) for the period9904€-159k€13k▲
Profit (loss) for the period to be appropriated9905€-159k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-743k€-729k▲
Profit (loss) brought forward from the previous period14P€-583k€-743k▼
Social balance
Average headcount (FTE)90876.0-
The notes to these accounts (6 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
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 6 days late
2025
31-12
Financial
Back to profitnet €13k
Net result €13k after 5 loss-making years.
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 6 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 27 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 78 days late
2021
01-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 123 days late
2020
31-12
Financial
Weakest financial yearnet €-204k ▼444%
Net result drops to €-204k, the lowest in the series; recovery starts the following year.
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 69 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 21 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · 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
4 acts for this company are 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, Lummen · 1 establishment unit since 2002
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.
Europaweg 223560 LummenGround area
8,664 m²
Building footprint
3,474 m²
Parcel 71037A0278/00Z003, Flanders. Linked by address, not a title deed.
1 establishment unit
Europaweg 22, 3560 Lummen
since 20022.101.791.743
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71037A0278/00Z003 | Flanders | 8,664 m² | 1 · 3,474 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 · 1 entry · 116 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 116 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 710 companies in sector 25510 we hold annual accounts for 409. 294 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
Founded05-04-2002
Fiscal year end31-12
Activities, NACEBEL 2025
25510Coating of metals
25631Manufacture of fabricated metal products, except machinery and equipment
25530Machining of metals
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.