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PF Expertises

Active
Private limited companyfounded 20215 yrs activeRue Bellevue, Baranzy 10, 6750 Musson, BelgiumKBO/BCE: BE 0773.704.167
Summary

PF Expertises has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €50,813 and a net result of €10,856. Its solvency ranks better than 83% of 31942 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes
Profitability92
Solvency100
Growth-
Track record79
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 6.61; short-term debt: 14.4% and cash: 77.4% of total assets), and 14.4% of the assets are financed with debt.
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Signals

Five 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
85.6%
Return on assets
18.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-06-2026, 50 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
50 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 9 September 2021, PF Expertises was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€50,813
Total assets
€59,341
Net result
€10,856
Working capital
€47,835

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €59,341
Fixed assets €2,978
Current assets €56,363
Equity and liabilities €59,341
Equity €50,813
Debt €8,528
Debt finances 14.4% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€17,336
Cash flow
€11,670
Current ratio
6.61
Debt to equity
0.17
ROE
21.4%
ROA
18.3%
Interest coverage
122.95
Debt ≤ 1 year
€8,528
Income taxes
€5,562

Peer companies

Historical observation

Of the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.5% went bankrupt
3.4% stopped otherwise
95% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 26,970 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 · 39 lines
Balance sheet Code2025
Assets
Total assets20/58€59,341
Fixed assets21/28€2,978
Tangible fixed assets22/27€2,978
Plant, machinery and equipment23€561
Furniture and vehicles24€649
Other tangible fixed assets26€1,768
Current assets29/58€56,363
Amounts receivable within one year40/41€9,822
Trade receivables40€866
Other amounts receivable41€8,956
Cash at bank and in hand54/58€45,909
Deferred charges and accrued income490/1€632
Equity and liabilities
Total equity and liabilities10/49€59,341
Equity10/15€50,813
Contributions10/11€200
Reserves13€37,158
Distributable reserves133€37,158
Profit (loss) carried forward14€13,455
Amounts payable17/49€8,528
Amounts payable within one year42/48€8,528
Trade debts44€2,662
Suppliers440/4€2,662
Taxes, remuneration and social security45€5,866
Taxes450/3€5,866
Income statement Code2025
Goods, raw materials, services and sundry goods60/61€12,354
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€814
Other operating charges640/8€653
Gross operating margin9900€17,989
Operating profit (loss)9901€16,522
Financial income75/76B€37
Recurring financial income75€37
Financial charges65/66B€141
Recurring financial charges65€141
Profit (loss) for the period before taxes9903€16,418
Income taxes67/77€5,562
Profit (loss) for the period9904€10,856
Profit (loss) for the period to be appropriated9905€10,856
Appropriation of the result
Profit (loss) to be appropriated9906€10,856
Transfer from equity791/2€2,599

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Goods, raw materials, services and sundry goods60/61€12,354
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€814
Other operating charges640/8€653
Gross operating margin9900€17,989
Operating profit (loss)9901€16,522
Financial income75/76B€37
Recurring financial income75€37
Financial charges65/66B€141
Recurring financial charges65€141
Profit (loss) for the period before taxes9903€16,418
Income taxes67/77€5,562
Profit (loss) for the period9904€10,856
Profit (loss) for the period to be appropriated9905€10,856
Line2025
Assets
Total assets20/58€59,341
Fixed assets21/28€2,978
Tangible fixed assets22/27€2,978
Plant, machinery and equipment23€561
Furniture and vehicles24€649
Other tangible fixed assets26€1,768
Current assets29/58€56,363
Amounts receivable within one year40/41€9,822
Trade receivables40€866
Other amounts receivable41€8,956
Cash at bank and in hand54/58€45,909
Deferred charges and accrued income490/1€632
Equity and liabilities
Total equity and liabilities10/49€59,341
Equity10/15€50,813
Contributions10/11€200
Reserves13€37,158
Distributable reserves133€37,158
Profit (loss) carried forward14€13,455
Amounts payable17/49€8,528
Amounts payable within one year42/48€8,528
Trade debts44€2,662
Suppliers440/4€2,662
Taxes, remuneration and social security45€5,866
Taxes450/3€5,866
Line2025
Profit (loss) for the period9904€10,856
+ Depreciation and write-downs630€814
Operating cash flow (approximation)€11,670

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

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Timeline · acts, filings and financial milestones

2026
11-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Musson · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
632 m²
Building footprint
134 m²
Volume, LiDAR
994 m³
Parcel 85026C0695/00H000, Wallonia · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PF EXPERTISES
Rue Bellevue, Baranzy 10, 6750 MussonActivities of head offices; management consultancy activities
since 20212.321.281.957
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
85026C0695/00H000 Wallonia 632 m² 1 · 134 m² 9.4 m · 2 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.

Similar companies · same sector, comparable size

Of 82,642 companies in sector 70200 we hold annual accounts for 52,629. 38,174 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
Founded09-09-2021
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
71121Engineering and related technical consultancy, excluding land surveyors
Contact
E-mail pierre.foguenne@gmail.comMusson
Phone 0477457572Musson
E-invoicing
Reachable via Peppol
Peppol ID 0208:0773704167
Also 9925:BE0773704167
Registered 20-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.