PFA-Trade

Active

Private limited companyfounded 20179 yrs activeHerentalsebaan 428, 2160 Wommelgem, BelgiumKBO/BCE: BE 0679.532.312

PFA-Trade has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €168k and a net result of €40k. Equity is growing by ~17.6% per year across the filed fiscal years. Its solvency ranks better than 36% of 7885 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

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Checked score

Score 2025

70 / 100

Healthy▼ -16 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency52▼-18

Growth78=

Stability100

Bankruptcy probability, 12 months

0.6% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €12k at 30 days acceptable

Liquidity tight (current ratio 1.12 against 1.33 in 2024), and 68.6% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 46

Relative position

BE, all sectors

reference

Sector 46

higher

← fewer bankruptcies more bankruptcies →

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

31.4%

Return on assets

7.4%

Age of the figures

8 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-05-2026, 66 days ahead of the deadline.

NBB · 8 filings

Deviation from the deadline

2025

66 d early

2024

65 d early

2023

65 d early

2022

56 d early

2021

61 d early

2020

58 d early

2019

65 d early

← before the deadline after the deadline →

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 months

Position in the running window

11-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, abbreviated schema

Equity

€168k▼ 26.4%

2024 · €229k

2018: €37k 2019: €29k 2020: €92k 2021: €204k 2022: €249k 2023: €271k 2024: €229k

2018 → 2025

Total assets

€536k▼ 3.6%

2024 · €556k

2018: €327k 2019: €309k 2020: €333k 2021: €478k 2022: €458k 2023: €484k 2024: €556k

2018 → 2025

Net result

€40k▼ 32.0%

2024 · €58k

2018: €17k 2019: €-8k 2020: €63k 2021: €112k 2022: €68k 2023: €57k 2024: €58k

2018 → 2025

Working capital

€37k▼ 56.4%

2024 · €85k

2018: €6k 2019: €-20k 2020: €19k 2021: €99k 2022: €123k 2023: €160k 2024: €85k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€204k-€249k▲ 22.0%€271k▲ 8.9%€229k▼ 15.5%€168k▼ 26.4%

Operating result€142k-€94k▼ 33.8%€87k▼ 6.8%€96k▲ 10.4%€76k▼ 21.3%

Net result€112k-€68k▼ 39.5%€57k▼ 15.7%€58k▲ 1.8%€40k▼ 32.0%

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 falls in 2025; 2025 is 21% below 2024 and is the lowest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €536k

37.0%

63.0%

Fixed assets €199k▼ 8.4%

Current assets €338k▼ 0.5%

Equity and liabilities €536k

31.4%

68.6%

Equity €168k▼ 26.4%

Debt €368k▲ 12.4%

The debt ratio rises from 58.9% to 68.6%: debt grows while equity shrinks.

Key figures and ratios

2025 value · change against 2024

EBITDA

€139k▼

2024 · €153k

Cash flow

€103k▼

2024 · €115k

Solvency

31.4%▼

2024 · 41.1%

Current ratio

1.12▼

2024 · 1.33

Quick ratio

0.86▼

2024 · 1.01

Debt / equity

2.18▲

2024 · 1.43

ROE

23.5%▼

2024 · 25.4%

ROA

7.4%▼

2024 · 10.5%

Interest coverage

5.14▼

2024 · 5.37

Debt

€368k▲

2024 · €327k

Debt ≤ 1 year

€301k▲

2024 · €255k

Debt > 1 year

€65k▼

2024 · €73k

Income taxes

€10k▼

2024 · €17k

Staff costs

€166k▼

2024 · €183k

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 · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€556k€536k▼

Fixed assets21/28€217k€199k▼

Intangible fixed assets21€19k€12k▼

Tangible fixed assets22/27€194k€183k▼

Plant, machinery and equipment23€37k€35k▼

Furniture and vehicles24€8k€10k▲

Leasing and similar rights25€60k€62k▲

Other tangible fixed assets26€88k€76k▼

Financial fixed assets28€4k€4k=

Current assets29/58€339k€338k▼

Stocks and contracts in progress3€82k€80k▼

Stocks30/36€82k€80k▼

Amounts receivable within one year40/41€184k€205k▲

Trade receivables40€181k€199k▲

Other amounts receivable41€3k€5k▲

Current investments50/53€0-

Cash at bank and in hand54/58€70k€49k▼

Deferred charges and accrued income490/1€3k€4k▲

Equity and liabilities

Total equity and liabilities10/49€556k€536k▼

Equity10/15€229k€168k▼

Contributions10/11€20k€20k=

Reserves13€208k€148k▼

Distributable reserves133€208k€148k▼

Profit (loss) carried forward14€752€0▼

Amounts payable17/49€327k€368k▲

Amounts payable after more than one year17€73k€65k▼

Financial debts170/4€73k€65k▼

Amounts payable within one year42/48€255k€301k▲

Current portion of amounts payable after more than one year42€30k€30k▲

Financial debts43€3k€5k▲

Credit institutions430/8€3k€5k▲

Trade debts44€67k€67k▲

Suppliers440/4€67k€67k▲

Advances received on contracts in progress46€0-

Taxes, remuneration and social security45€59k€52k▼

Taxes450/3€26k€22k▼

Remuneration and social security454/9€33k€30k▼

Other amounts payable47/48€95k€146k▲

Accrued charges and deferred income492/3€0€2k▲

Income statement Code20242025

Non-recurring operating income76A-€13k

Remuneration, social security and pensions62€183k€166k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57k€63k▲

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2k

Other operating charges640/8€6k€9k▲

Non-recurring operating charges66A-€4k

Gross operating margin9900€342k€320k▼

Operating profit (loss)9901€96k€76k▼

Financial income75/76B€8k€580▼

Recurring financial income75€8k€393▼

Non-recurring financial income76B-€187

Financial charges65/66B€29k€27k▼

Recurring financial charges65€29k€27k▼

Profit (loss) for the period before taxes9903€76k€50k▼

Income taxes67/77€17k€10k▼

Profit (loss) for the period9904€58k€40k▼

Profit (loss) for the period to be appropriated9905€58k€40k▼

Appropriation of the result

Profit (loss) to be appropriated9906€59k€40k▼

Profit (loss) brought forward from the previous period14P€752€752=

Transfer from equity791/2€100k€60k▼

Transfer to equity691/2€58k€0▼

To other reserves6921€58k€0▼

Profit to be distributed694/7€100k€100k=

Return on contributions (dividend)694€100k€100k=

Social balance

Average headcount (FTE)90874.74.3▼

The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 12Financial 4Filings 8

Next filing, fiscal year 2026, expected by 31-07-2027

2026

26-05

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

27-05

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

27-05

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

05-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-05

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Highest result since 2018net €112k ▲79.3%

Operating result €142k, net result €112k, both a record.

31-12

Financial Equity above €200kEq €204k ▲122%

2 profitable years in a row build equity to €204k.

03-06

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

31-12

Financial Back to profitnet €63k

Net result €63k after one loss-making year.

27-05

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

31-12

Financial Weakest financial yearnet €-8k ▼146%

Net result drops to €-8k, the lowest in the series; recovery starts the following year.

28-05

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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.

Have them read with priority Sign in to place this company at the front of the reading queue.