PFA GROUP
ActiveSummary
PFA GROUP is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €106,434 and a net result of €87,414. Equity is shrinking by ~11.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 34% of 2460 sector peers (fiscal year 2025). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €106,434
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
19 d late
2023
23 d late
2022
3 d early
2021
30 d late
2020
30 d late
2019
90 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 31 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€106,434▲ 26.7%
2024 · €84,020
Net result
€87,414▲ 164%
2024 · €33,083
Total assets
€342,770▼ 5.8%
2024 · €364,063
Solvency
31.1%▲ 8.0pp
2024 · 23.1%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€61,580▲ 67.3%€29,977▼ 51.3%-€57,149€40,633€127,295▲ 213%
Net result€40,467within the sector's middle half▲ 81.2%€19,681within the sector's middle half▼ 51.4%-€57,800below the sector's middle half€33,083within the sector's middle half€87,414above the sector's middle half▲ 164%
Equity€366,057above the sector's middle half▲ 1.5%€350,738above the sector's middle half▼ 4.2%€92,938within the sector's middle half▼ 73.5%€84,020within the sector's middle half▼ 9.6%€106,434within the sector's middle half▲ 26.7%
Total assets€516,056within the sector's middle half▲ 12.3%€471,640within the sector's middle half▼ 8.6%€393,070within the sector's middle half▼ 16.7%€364,063within the sector's middle half▼ 7.4%€342,770within the sector's middle half▼ 5.8%
Debt€149,999▲ 51.4%€120,902▼ 19.4%€300,133▲ 148%€280,042▼ 6.7%€236,335▼ 15.6%
Working capital€41,178▲ 117%€47,289▲ 14.8%-€181,985-€216,543▼ 19.0%-€165,496▲ 23.6%
Solvency70.9%within the sector's middle half▼ 7.5pp74.4%above the sector's middle half▲ 3.4pp23.6%within the sector's middle half▼ 50.7pp23.1%within the sector's middle half▼ 0.6pp31.1%within the sector's middle half▲ 8.0pp
Staff (FTE)3.5▼ 18.6%3.5=3.6▲ 2.9%2.9▼ 19.4%2.8▼ 3.4%
above
within
below
the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 213% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €342,770
Fixed assets
€272,005 ▼ 9.5%
Current assets
€70,765 ▲ 11.4%
Equity and liabilities €342,770
Equity
€106,434 ▲ 26.7%
Debt
€236,335 ▼ 15.6%
Debt's share of the balance-sheet total falls from 76.9% to 68.9%. Equity is higher and debt is lower.
Key figures and ratios
ROE
82.1%▲
2024 · 39.4%
ROA
25.5%▲
2024 · 9.1%
Debt ≤ 1 year
€236,261▼
2024 · €280,042
Income taxes
€39,317▲
2024 · €5,376
Staff costs
€203,784▼
2024 · €213,459
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €6,500 | - | - | - |
| Remuneration, social security and pensions62 | €206,053 | €210,646 | €243,985 | €213,459 | €203,784 | ▼ 4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €40,093 | €40,354 | €43,277 | €42,499 | €31,850 | ▼ 25.1% |
| Other operating charges640/8 | €1,499 | €1,037 | €1,164 | €610 | €666 | ▲ 9.3% |
| Gross operating margin9900 | €309,224 | €282,013 | €231,276 | €297,201 | €363,595 | ▲ 22.3% |
| Operating profit (loss)9901 | €61,580 | €29,977 | -€57,149 | €40,633 | €127,295 | ▲ 213% |
| Financial income75/76B | €0 | €0 | €1 | - | €13 | - |
| Recurring financial income75 | €0 | €0 | €1 | - | €13 | - |
| Financial charges65/66B | €922 | €764 | €284 | €2,174 | €577 | ▼ 73.4% |
| Recurring financial charges65 | €878 | €764 | €284 | €254 | €188 | ▼ 26.0% |
| Non-recurring financial charges66B | €44 | - | - | €1,919 | €389 | ▼ 79.7% |
| Profit (loss) for the period before taxes9903 | €60,658 | €29,212 | -€57,432 | €38,459 | €126,731 | ▲ 230% |
| Income taxes67/77 | €20,192 | €9,531 | €368 | €5,376 | €39,317 | ▲ 631% |
| Profit (loss) for the period9904 | €40,467 | €19,681 | -€57,800 | €33,083 | €87,414 | ▲ 164% |
| Profit (loss) for the period to be appropriated9905 | €40,467 | €19,681 | -€57,800 | €33,083 | €87,414 | ▲ 164% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €516,056 | €471,640 | €393,070 | €364,063 | €342,770 | ▼ 5.8% |
| Fixed assets21/28 | €334,558 | €304,198 | €274,923 | €300,563 | €272,005 | ▼ 9.5% |
| Intangible fixed assets21 | €303,497 | €276,497 | €249,497 | €288,745 | €265,046 | ▼ 8.2% |
| Tangible fixed assets22/27 | €31,061 | €27,702 | €25,426 | €11,819 | €6,958 | ▼ 41.1% |
| Plant, machinery and equipment23 | - | €441 | €344 | €247 | €150 | ▼ 39.2% |
| Furniture and vehicles24 | €29,261 | €21,567 | €21,340 | €8,880 | €5,167 | ▼ 41.8% |
| Other tangible fixed assets26 | €1,800 | €5,693 | €3,742 | €2,691 | €1,641 | ▼ 39.0% |
| Current assets29/58 | €181,498 | €167,442 | €118,147 | €63,499 | €70,765 | ▲ 11.4% |
| Amounts receivable within one year40/41 | €174,775 | €139,574 | €104,382 | €54,761 | €56,714 | ▲ 3.6% |
| Trade receivables40 | €4,516 | €2,948 | €42,913 | €389 | - | - |
| Other amounts receivable41 | €170,259 | €136,626 | €61,469 | €54,372 | €56,714 | ▲ 4.3% |
| Cash at bank and in hand54/58 | €4,506 | €21,179 | €9,198 | €6,575 | €11,388 | ▲ 73.2% |
| Deferred charges and accrued income490/1 | €2,217 | €6,688 | €4,568 | €2,163 | €2,664 | ▲ 23.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €516,056 | €471,640 | €393,070 | €364,063 | €342,770 | ▼ 5.8% |
| Equity10/15 | €366,057 | €350,738 | €92,938 | €84,020 | €106,434 | ▲ 26.7% |
| Contributions10/11 | €74,100 | €74,100 | €74,100 | €74,100 | €74,100 | = |
| Reserves13 | €291,957 | €276,638 | €18,838 | €9,920 | €32,334 | ▲ 226% |
| Distributable reserves133 | €291,957 | €276,638 | €18,838 | €9,920 | €32,334 | ▲ 226% |
| Amounts payable17/49 | €149,999 | €120,902 | €300,133 | €280,042 | €236,335 | ▼ 15.6% |
| Amounts payable after more than one year17 | €9,679 | €749 | - | - | - | - |
| Financial debts170/4 | €9,679 | €749 | - | - | - | - |
| Amounts payable within one year42/48 | €140,319 | €120,153 | €300,133 | €280,042 | €236,261 | ▼ 15.6% |
| Current portion of amounts payable after more than one year42 | €8,824 | €8,930 | €749 | - | - | - |
| Financial debts43 | €833 | - | - | - | €24,000 | - |
| Credit institutions430/8 | €833 | - | - | - | €24,000 | - |
| Trade debts44 | - | - | €4,641 | €3,541 | €2,813 | ▼ 20.6% |
| Suppliers440/4 | - | - | €4,641 | €3,541 | €2,813 | ▼ 20.6% |
| Taxes, remuneration and social security45 | €30,882 | €28,330 | €46,708 | €39,383 | €41,988 | ▲ 6.6% |
| Taxes450/3 | €3,942 | - | €11,557 | €10,716 | €12,999 | ▲ 21.3% |
| Remuneration and social security454/9 | €26,940 | €28,330 | €35,152 | €28,667 | €28,988 | ▲ 1.1% |
| Other amounts payable47/48 | €99,780 | €82,893 | €248,034 | €237,118 | €167,460 | ▼ 29.4% |
| Accrued charges and deferred income492/3 | - | - | - | - | €74 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €40,467 | €19,681 | -€57,800 | €33,083 | €87,414 | ▲ 164% |
| + Depreciation and write-downs630 | €40,093 | €40,354 | €43,277 | €42,499 | €31,850 | ▼ 25.1% |
| Operating cash flow (approximation) | €80,559 | €60,035 | -€14,524 | €75,582 | €119,264 | ▲ 57.8% |
| Investment in fixed assets (approximation) | - | -€9,994 | -€14,001 | -€68,140 | -€3,291 | ▲ 95.2% |
| Change in cash | - | €16,673 | -€11,982 | -€2,622 | €4,812 | ▲ 284% |
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
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
10-08
State Gazette act
Resignation: NN Group (non-statutory director)Permanent representatives: Johan Nijssen and Joeri Kleynen · Appointments: CK Invest Group (non-statutory director) and Leslie Creten (non-statutory director) · Declaration8 facts ▸
State Gazette act
Resignation: NN Group (non-statutory director)
Permanent representatives: Johan Nijssen and Joeri Kleynen · Appointments: CK Invest Group (non-statutory director) and Leslie Creten (non-statutory director) · Declaration8 facts ▸
- General meeting, 01-07-2026
- Director resignation, NN Group (non-statutory director)
- Permanent representative, Johan Nijssen (vaste vertegenwoordiger belast met de uitvoering van zijn bestuursmandaat in naam en voor rekening van de rechtspersoon)
- Declaration, algemene vergadering, kennisname en akkoord ontslag vaste vertegenwoordiger
- Director appointment, CK Invest Group (non-statutory director)
- Permanent representative, Joeri Kleynen (vaste vertegenwoordiger belast met de uitvoering van zijn bestuursmandaat in naam en voor rekening van de rechtspersoon)
- Declaration, algemene vergadering, kennisname en akkoord benoeming vaste vertegenwoordiger
- Director appointment, Leslie Creten (non-statutory director)
2025
31-12
Financial
Highest result since 2018net €87,414 ▲164%
Operating result €127,295, net result €87,414, both a record.
31-12
Financial
Equity above €100,000Eq €106,434 ▲26.7%
2 profitable years in a row build equity to €106,434.
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2024
31-12
Financial
Back to profitnet €33,083
Net result €33,083 after one loss-making year.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
31-12
Financial
Weakest financial yearnet -€57,800
Net result drops to -€57,800, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
31-12
Financial
Back to profitnet €22,335
Net result €22,335 after one loss-making year.
Show earlier events
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 directors, last change in 2026
Board 2
CK Invest Group
CurrentNon-statutory director · since 01-07-2026 · Legal entity · perm. rep.: Joeri Kleynen
Leslie Creten
CurrentNon-statutory director · since 01-07-2026
Permanent representatives 1
Joeri Kleynen
CurrentPermanent representative · since 01-07-2026 · for CK Invest Group
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
5 of this company's 6 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Genk · 1 establishment unit since 2007
Ground area
238 m²
Building footprint
223 m²
Volume, LiDAR
3,245 m³
Parcel 71016I1009/00H002, Flanders · tallest building 20.6 m, ±5 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
PFA GROUP
since 20072.156.803.908
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71016I1009/00H002 | Flanders | 238 m² | 1 · 223 m² | 20.6 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.
Mandate history
3 people since 2026, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| CK Invest Group |
|
| Leslie Creten |
|
| NN Group |
|
Structure & network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 799 EUR awarded · 799 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 194 EUR | 194 EUR |
| 2024 | 1 | 188 EUR | 188 EUR |
| 2023 | 1 | 214 EUR | 214 EUR |
| 2022 | 1 | 203 EUR | 203 EUR |
Similar companies · same sector, comparable size
G M FINANCES
BE 0859.983.093
Limbourg · Eq €106,531
Zakenkantoor Kelders
BE 1002.634.956
Wommelgem · Eq €106,575
OUDENAARDS ZAKENKANTOOR
BE 0457.568.893
Oudenaarde · Eq €106,267
MEUSE CONDROZ CONSEILS
BE 0506.667.424
Visé · Eq €106,641
MW LIFE CONSULT
BE 0479.197.024
Scherpenheuvel-Zichem · Eq €106,695
Of 4,673 companies in sector 66220 we hold annual accounts for 3,222. 2,721 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
Founded08-09-2006
Fiscal year end31-12
Activities, NACEBEL 2025
66220Insurance agents and brokers
Contact
E-mail
leslie.creten@verzekeringshuis.be
Phone
089/300700
E-invoicing
Reachable via Peppol
Peppol ID
0208:0883422550
Registered
18-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.