PERMANCO
ActivePERMANCO has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.25M and a net result of €329k. Equity is growing by ~28.4% per year across the filed fiscal years. Its solvency ranks better than 66% of 8072 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
71
/ 100
Healthy▲ +44 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73▲+73
Solvency67▼-9
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160k at 30 days acceptable
Liquidity short (current ratio 0.26 against 0.96 in 2023), and 29.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
70.6%
Return on assets
10.3%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-04-2025, 108 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
108 d early
2023
29 d early
2022
6 d early
2021
25 d late
2020
23 d early
2020
1 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€2.25M▲ 17.1%
2023 · €1.92M
2019: €783k
2020: €797k
2020: €800k
2021: €1.06M
2022: €2.11M
2023: €1.92M
2019 → 2024
Total assets
€3.18M▼ 3.8%
2023 · €3.31M
2019: €2.38M
2020: €3.21M
2020: €3.14M
2021: €3.30M
2022: €3.86M
2023: €3.31M
2019 → 2024
Net result
€329k
2023 · €-193k
2019: €84k
2020: €14k
2020: €3k
2021: €262k
2022: €1.05M
2023: €-193k
2019 → 2024
Working capital
€-442k▼ 2,441%
2023 · €-17k
2019: €107k
2020: €218k
2020: €728k
2021: €-282k
2022: €569k
2023: €-17k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€800k-€1.06M▲ 32.7%€2.11M▲ 98.9%€1.92M▼ 9.1%€2.25M▲ 17.1%
Operating result€29k-€270k▲ 821%€1.48M▲ 447%€-147k€125k
Net result€3k-€262k▲ 9,038%€1.05M▲ 302%€-193k€329k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €125k after a loss of €147k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.18M
Fixed assets
€3.03M▲ 3.8%
Current assets
€155k▼ 60.5%
Equity and liabilities €3.18M
Equity
€2.25M▲ 17.1%
Provisions
€318k=
Debt
€616k▼ 42.5%
The debt ratio falls from 32.4% to 19.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€133k▲
2023 · €-140k
Cash flow
€337k▲
2023 · €-186k
Solvency
70.6%▲
2023 · 58.0%
Current ratio
0.26▼
2023 · 0.96
Quick ratio
0.26▼
2023 · 0.96
Debt / equity
0.27▼
2023 · 0.56
ROE
14.6%▲
2023 · -10.0%
ROA
10.3%▲
2023 · -5.8%
Interest coverage
6.84▲
2023 · -2.60
Debt
€616k▼
2023 · €1.07M
Debt ≤ 1 year
€597k▲
2023 · €411k
Income taxes
€33k▲
2023 · €123
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€3.31M€3.18M▼
Fixed assets21/28€2.92M€3.03M▲
Tangible fixed assets22/27€103k€215k▲
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€11k€124k▲
Other tangible fixed assets26€89k€89k=
Financial fixed assets28€2.81M€2.81M=
Current assets29/58€394k€155k▼
Amounts receivable after more than one year29€75k-
Trade receivables290€75k-
Amounts receivable within one year40/41€5k€21k▲
Trade receivables40-€5k
Other amounts receivable41€5k€17k▲
Current investments50/53-€7k
Cash at bank and in hand54/58€308k€121k▼
Deferred charges and accrued income490/1€7k€6k▼
Equity and liabilities
Total equity and liabilities10/49€3.31M€3.18M▼
Equity10/15€1.92M€2.25M▲
Contributions10/11€93k€93k=
Capital10€93k€93k=
Issued capital100€93k€93k=
Reserves13€1.83M€2.16M▲
Non-distributable reserves130/1€9k€9k=
Legal reserve130€9k€9k=
Tax-exempt reserves132€955k€955k=
Distributable reserves133€862k€1.19M▲
Provisions and deferred taxes16€318k€318k=
Deferred taxes168€318k€318k=
Amounts payable17/49€1.07M€616k▼
Amounts payable after more than one year17€650k-
Financial debts170/4€650k-
Amounts payable within one year42/48€411k€597k▲
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Taxes, remuneration and social security45€23k€34k▲
Taxes450/3€23k€34k▲
Other amounts payable47/48€386k€561k▲
Accrued charges and deferred income492/3€10k€19k▲
Income statement
Code20232024
Non-recurring operating income76A-€1k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€9k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€-137k€135k▲
Operating profit (loss)9901€-147k€125k▲
Financial income75/76B€8k€256k▲
Recurring financial income75€8k€256k▲
Financial charges65/66B€54k€19k▼
Recurring financial charges65€54k€19k▼
Profit (loss) for the period before taxes9903€-193k€362k▲
Income taxes67/77€123€33k▲
Profit (loss) for the period9904€-193k€329k▲
Profit (loss) for the period to be appropriated9905€-193k€329k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-193k€329k▲
Transfer from equity791/2€193k-
Transfer to equity691/2-€329k
To other reserves6921-€329k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €329k
Net result €329k after one loss-making year.
31-12
Financial
Equity above €2MEq €2.25M ▲17.1%
Equity rises from €1.92M to €2.25M.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-193k ▼118%
Net result drops to €-193k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2019net €1.05M ▲302%
Operating result €1.48M, net result €1.05M, both a record.
31-12
Financial
Liquidity times 5current ratio 2.55
Current ratio from 0.47 to 2.55; short-term debt falls from €532k to €367k.
31-12
Financial
Equity above €2MEq €2.11M ▲98.9%
5 profitable years in a row build equity to €2.11M.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
2021
31-12
Financial
Equity above €1MEq €1.06M ▲32.7%
4 profitable years in a row build equity to €1.06M.
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 1 day late
2020
31-12
Financial
Liquidity doublescurrent ratio 2.43
Current ratio from 1.20 to 2.43; short-term debt falls from €1.10M to €509k.
2019
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
04-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
20-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
31-01
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.
Directors · office · real estate
Directors
10 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, Antwerpen · 2 establishment units since 1989
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.
Kattendijkdok-Westkaai 412000 AntwerpenGround area
1.5 ha
Building footprint
994 m²
Volume, LiDAR
26,032 m³
2 parcels, Flanders · tallest building 55.8 m, ±18 floors. Linked by address, not a title deed.
2 establishment units
PERMANCO
since 19892.043.527.407
PERMANCO
since 20252.373.280.192
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G0129/05_000 | Flanders | 1.5 ha | 1 · 450 m² | 55.8 m · 18 fl. |
| 11809I2333/00L003 | Flanders | 546 m² | 1 · 544 m² | 13.7 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,396. 18,759 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded03-05-1989
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.