PFH
ActivePFH has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €58.23M and a net result of €18k. Equity is growing by ~40.1% per year across the filed fiscal years. Its solvency ranks better than 86% of 922 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
84
/ 100
Excellent▲ +46 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability50▲+17
Solvency100▲+24
Growth85▲+17
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 3.17 against 0.94 in 2024), and 12.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
87.6%
Return on assets
0%
Age of the figures
8 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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 09-07-2026, 22 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
22 d early
2024
27 d early
2023
35 d early
2022
35 d early
2021
25 d early
2020
31 d early
2019
1 d early
← 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€360k▲ 50.0%
2024 · €240k
2018: €18k
2019: €183k
2020: €240k
2021: €240k
2022: €246k
2023: €240k
2024: €240k
2018 → 2025
EBIT margin
20.7%▲ 9.9pp
2024 · 10.8%
2018: 14.9%
2019: 40.2%
2020: 46.6%
2021: 49.8%
2022: 40.7%
2023: 18.7%
2024: 10.8%
2018 → 2025
Net result
€18k
2024 · €-77k
2018: €7k
2019: €33k
2020: €65k
2021: €96k
2022: €80k
2023: €37k
2024: €-77k
2018 → 2025
Working capital
€666k
2024 · €-40k
2018: €265k
2019: €-28k
2020: €214k
2021: €54k
2022: €131k
2023: €8k
2024: €-40k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€240k-€246k▲ 2.5%€240k▼ 2.4%€240k=€360k▲ 50.0%
Equity€13.38M-€35.19M▲ 163%€35.23M▲ 0.1%€58.21M▲ 65.2%€58.23M=
Operating result€120k-€100k▼ 16.3%€45k▼ 55.3%€26k▼ 42.1%€74k▲ 187%
Net result€96k-€80k▼ 16.8%€37k▼ 54.0%€-77k€18k
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 187% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €66.49M
Fixed assets
€65.52M▼ 0.1%
Current assets
€973k▲ 53.4%
Equity and liabilities €66.49M
Equity
€58.23M=
Debt
€8.27M▲ 3.5%
The debt ratio rises from 12.1% to 12.4%: debt grows faster than equity.
Key figures and ratios
EBITDA
€117k▲
2024 · €70k
Cash flow
€61k▲
2024 · €-33k
Solvency
87.6%▼
2024 · 87.9%
Current ratio
3.17▲
2024 · 0.94
Quick ratio
3.17▲
2024 · 0.94
Debt / equity
0.14▲
2024 · 0.14
ROE
0.0%▲
2024 · -0.1%
ROA
0.0%▲
2024 · -0.1%
Interest coverage
0.48▲
2024 · 0.21
Debt
€8.27M▲
2024 · €7.99M
Debt ≤ 1 year
€307k▼
2024 · €674k
Debt > 1 year
€7.96M▲
2024 · €7.31M
Income taxes
€28k▲
2024 · €-10
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€66.19M€66.49M▲
Fixed assets21/28€65.56M€65.52M▼
Intangible fixed assets21€120k€80k▼
Tangible fixed assets22/27€13k€10k▼
Plant, machinery and equipment23€13k-
Furniture and vehicles24-€10k
Financial fixed assets28€65.43M€65.43M=
Affiliated companies280/1€65.43M€65.43M=
Participating interests280€59.55M€59.55M=
Amounts receivable281€5.88M€5.88M=
Current assets29/58€634k€973k▲
Amounts receivable within one year40/41€550k€735k▲
Trade receivables40€538k€735k▲
Other amounts receivable41€12k-
Cash at bank and in hand54/58€82k€237k▲
Deferred charges and accrued income490/1€2k€850▼
Equity and liabilities
Total equity and liabilities10/49€66.19M€66.49M▲
Equity10/15€58.21M€58.23M=
Contributions10/11€57.97M€57.97M=
Reserves13€400€400=
Distributable reserves133€400€400=
Profit (loss) carried forward14€242k€259k▲
Amounts payable17/49€7.99M€8.27M▲
Amounts payable after more than one year17€7.31M€7.96M▲
Other amounts payable178/9€7.31M€7.96M▲
Amounts payable within one year42/48€674k€307k▼
Trade debts44€666k€298k▼
Suppliers440/4€666k€298k▼
Taxes, remuneration and social security45€7k€9k▲
Taxes450/3€7k€9k▲
Other amounts payable47/48€682-
Accrued charges and deferred income492/3€44-
Income statement
Code20242025
Operating income70/76A€240k€360k▲
Turnover70€240k€360k▲
Other operating income74€277€262▼
Operating charges60/66A€214k€286k▲
Services and other goods61€169k€241k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€43k▼
Other operating charges640/8€2k€2k▼
Operating profit (loss)9901€26k€74k▲
Financial income75/76B€236k€215k▼
Recurring financial income75€236k€215k▼
Income from current assets751€235k€215k▼
Other financial income752/9€219€120▼
Financial charges65/66B€338k€244k▼
Recurring financial charges65€338k€244k▼
Debt charges650€338k€242k▼
Other financial charges652/9€662€1k▲
Profit (loss) for the period before taxes9903€-77k€46k▲
Income taxes67/77€-10€28k▲
Taxes670/3-€28k
Tax adjustments and reversals of tax provisions77€10-
Profit (loss) for the period9904€-77k€18k▲
Profit (loss) for the period to be appropriated9905€-77k€18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€242k€259k▲
Profit (loss) brought forward from the previous period14P€318k€242k▼
The notes to these accounts (40 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
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 3.17
Current ratio from 0.94 to 3.17; short-term debt falls from €674k to €307k.
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-77k ▼308%
Net result drops to €-77k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €50MEq €58.21M ▲65.2%
Equity rises from €35.23M to €58.21M.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Equity above €25MEq €35.19M ▲163%
5 profitable years in a row build equity to €35.19M.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €96k ▲47.3%
Operating result €120k, net result €96k, both a record.
31-12
Financial
Equity above €10MEq €13.38M ▲55.5%
4 profitable years in a row build equity to €13.38M.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Liquidity times 5current ratio 2.95
Current ratio from 0.60 to 2.95.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Bilzen-Hoeselt · 1 establishment unit since 2017
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.
Taunusweg 43740 Bilzen-HoeseltGround area
429 m²
Building footprint
300 m²
Volume, LiDAR
1,121 m³
Parcel 73056B0077/02G002, Flanders · tallest building 5.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
PFH
since 20172.266.545.649
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73056B0077/02G002 | Flanders | 429 m² | 1 · 300 m² | 5.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,423 companies in sector 82990 we hold annual accounts for 9,361. 300 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-05-2017
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.