PFE-NAMUR
ActivePFE-NAMUR has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €96k and a net result of €3k. Equity is shrinking by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 44% of 2043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability48▼-27
Solvency61▼-39
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.54 against 4.67 in 2024; short-term debt: 64% and cash: 13.9% of total assets), but 64% 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 85
Relative position
BE, all sectors
reference
Sector 85
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
36%
Return on assets
1.2%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 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
14 d late
2024
27 d late
2023
1 d early
2022
11 d late
2021
31 d late
2020
106 d late
2019
90 d late
← before the deadline
after the deadline →
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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€96k▼ 62.0%
2024 · €252k
2018: €241k
2019: €294k
2020: €343k
2021: €354k
2022: €300k
2023: €286k
2024: €252k
2018 → 2025
Total assets
€266k▼ 16.9%
2024 · €320k
2018: €422k
2019: €462k
2020: €475k
2021: €435k
2022: €468k
2023: €356k
2024: €320k
2018 → 2025
Net result
€3k▼ 79.6%
2024 · €15k
2018: €52k
2019: €53k
2020: €49k
2021: €51k
2022: €61k
2023: €37k
2024: €15k
2018 → 2025
Working capital
€91k▼ 63.6%
2024 · €251k
2018: €238k
2019: €290k
2020: €339k
2021: €349k
2022: €297k
2023: €286k
2024: €251k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€354k-€300k▼ 15.4%€286k▼ 4.4%€252k▼ 12.2%€96k▼ 62.0%
Operating result€83k-€89k▲ 7.5%€55k▼ 38.6%€21k▼ 62.4%€3k▼ 86.8%
Net result€51k-€61k▲ 18.1%€37k▼ 39.2%€15k▼ 58.9%€3k▼ 79.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 87% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €266k
Fixed assets
€5k▲ 336%
Current assets
€261k▼ 18.1%
Equity and liabilities €266k
Equity
€96k▼ 62.0%
Debt
€170k▲ 149%
The debt ratio rises from 21.3% to 64.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€4k▼
2024 · €22k
Cash flow
€4k▼
2024 · €16k
Solvency
36.0%▼
2024 · 78.7%
Current ratio
1.54▼
2024 · 4.67
Quick ratio
1.54▼
2024 · 4.67
Debt / equity
1.78▲
2024 · 0.27
ROE
3.2%▼
2024 · 6.0%
ROA
1.2%▼
2024 · 4.7%
Interest coverage
3.29▼
2024 · 15.91
Debt
€170k▲
2024 · €68k
Debt ≤ 1 year
€170k▲
2024 · €68k
Income taxes
€2k▼
2024 · €7k
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€320k€266k▼
Fixed assets21/28€1k€5k▲
Tangible fixed assets22/27€1k€5k▲
Furniture and vehicles24€1k€5k▲
Current assets29/58€319k€261k▼
Amounts receivable after more than one year29€73k€195k▲
Other amounts receivable291€73k€195k▲
Amounts receivable within one year40/41€17k€21k▲
Trade receivables40€9k€7k▼
Other amounts receivable41€8k€15k▲
Cash at bank and in hand54/58€227k€37k▼
Deferred charges and accrued income490/1€3k€8k▲
Equity and liabilities
Total equity and liabilities10/49€320k€266k▼
Equity10/15€252k€96k▼
Contributions10/11€6k€6k=
Reserves13€243k€87k▼
Tax-exempt reserves132€2k€2k=
Distributable reserves133€242k€86k▼
Profit (loss) carried forward14€2k€2k▲
Amounts payable17/49€68k€170k▲
Amounts payable within one year42/48€68k€170k▲
Trade debts44€2k€725▼
Suppliers440/4€2k€725▼
Taxes, remuneration and social security45€4k€411▼
Taxes450/3€4k€411▼
Other amounts payable47/48€62k€169k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€960€1k▲
Other operating charges640/8€831€1k▲
Gross operating margin9900€22k€5k▼
Operating profit (loss)9901€21k€3k▼
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€22k€5k▼
Income taxes67/77€7k€2k▼
Profit (loss) for the period9904€15k€3k▼
Profit (loss) for the period to be appropriated9905€15k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€16k€5k▼
Profit (loss) brought forward from the previous period14P€868€2k▲
Transfer from equity791/2€50k€159k▲
Transfer to equity691/2€14k€3k▼
To other reserves6921€14k€3k▼
Profit to be distributed694/7€50k€159k▲
Return on contributions (dividend)694€50k€159k▲
The notes to these accounts (7 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
14-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 14 days late
2025
31-12
Financial
Weakest financial yearnet €3k ▼79.6%
Net result drops to €3k, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
31-12
Financial
Highest result since 2018net €61k ▲18.1%
Net result €61k, the highest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
14-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 106 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
09-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 70 days late
2018
19-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 111 days late
2017
16-11
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 108 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Eghezée · 1 establishment unit since 2013
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.
Rue du Chêne à l'Image,Upigny 645310 EghezéeGround area
2,424 m²
Building footprint
433 m²
Volume, LiDAR
2,949 m³
2 parcels, Wallonia · tallest building 17.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
PFE-NAMUR
since 20132.217.530.559
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92034A0228/04A000 | Wallonia | 1,909 m² | 1 · 218 m² | - |
| 92302G0314/00S010 | Wallonia | 514 m² | 1 · 214 m² | 17.2 m · 5 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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VPE
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Of 3,017 companies in sector 85592 we hold annual accounts for 987. 744 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-12-2012
Fiscal year end31-12
Activities, NACEBEL
85592Vocational training
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.