Summary
PFTech 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 €74,429 and a net result of €66,458. Equity is growing by ~8% per year across the filed fiscal years. Its solvency ranks better than 34% of 8061 sector peers (fiscal year 2025). The company has been active since 2018 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
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 30-07-2026, 1 day ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
1 d early
2024
4 d late
2023
21 d early
2022
27 d early
2021
2 d early
2020
20 d late
2019
21 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 1 day before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% 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
26-09-2026 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 simulator 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 What changed in the latest annual accounts?What changed What held for this company on a given day: board, seat, name?Company as of a date Which other companies resemble this one?Lookalike companies
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
€74,429▼ 6.4%
2024 · €79,527
Net result
€66,458▼ 7.1%
2024 · €71,556
Total assets
€235,598▲ 6.9%
2024 · €220,449
Solvency
31.6%▼ 4.5pp
2024 · 36.1%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€7,692€6,005€89,399▲ 1,389%€103,522▲ 15.8%€99,599▼ 3.8%
Net result-€8,897€3,965€60,763▲ 1,432%€71,556▲ 17.8%€66,458▼ 7.1%
Equity€49,633▼ 15.2%€7,971▼ 83.9%€7,971=€79,527▲ 898%€74,429▼ 6.4%
Total assets€73,414▼ 3.6%€68,429▼ 6.8%€186,909▲ 173%€220,449▲ 17.9%€235,598▲ 6.9%
Debt€23,781▲ 35.0%€60,458▲ 154%€178,937▲ 196%€140,921▼ 21.2%€161,169▲ 14.4%
Working capital€30,405▼ 17.8%-€8,065-€32,041▼ 297%€36,928€30,483▼ 17.5%
Solvency67.6%▼ 9.3pp11.6%▼ 56.0pp4.3%▼ 7.4pp36.1%▲ 31.8pp31.6%▼ 4.5pp
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €235,598
Fixed assets
€43,946 ▼ 22.1%
Current assets
€191,652 ▲ 16.9%
Equity and liabilities €235,598
Equity
€74,429 ▼ 6.4%
Debt
€161,169 ▲ 14.4%
Debt's share of the balance-sheet total rises from 63.9% to 68.4%. Equity is lower and debt is higher.
Key figures and ratios
ROE
89.3%▼
2024 · 90.0%
ROA
28.2%▼
2024 · 32.5%
Debt ≤ 1 year
€161,169▲
2024 · €127,083
Income taxes
€24,057▼
2024 · €25,323
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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €330 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,508 | €4,489 | €8,282 | €14,649 | €14,389 | ▼ 1.8% |
| Other operating charges640/8 | €467 | €413 | €614 | €721 | €884 | ▲ 22.6% |
| Non-recurring operating charges66A | - | - | €1,639 | - | - | - |
| Gross operating margin9900 | -€2,387 | €10,907 | €99,935 | €118,892 | €114,872 | ▼ 3.4% |
| Operating profit (loss)9901 | -€7,692 | €6,005 | €89,399 | €103,522 | €99,599 | ▼ 3.8% |
| Financial income75/76B | €0 | - | - | €0 | €688 | ▲ 156,207% |
| Recurring financial income75 | €0 | - | - | €0 | €688 | ▲ 156,207% |
| Financial charges65/66B | €949 | €656 | €4,185 | €6,644 | €9,773 | ▲ 47.1% |
| Recurring financial charges65 | €949 | €656 | €4,185 | €6,644 | €9,773 | ▲ 47.1% |
| Profit (loss) for the period before taxes9903 | -€8,642 | €5,350 | €85,215 | €96,879 | €90,514 | ▼ 6.6% |
| Income taxes67/77 | €255 | €1,385 | €24,452 | €25,323 | €24,057 | ▼ 5.0% |
| Profit (loss) for the period9904 | -€8,897 | €3,965 | €60,763 | €71,556 | €66,458 | ▼ 7.1% |
| Profit (loss) for the period to be appropriated9905 | -€8,897 | €3,965 | €60,763 | €71,556 | €66,458 | ▼ 7.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €73,414 | €68,429 | €186,909 | €220,449 | €235,598 | ▲ 6.9% |
| Fixed assets21/28 | €19,228 | €16,036 | €68,792 | €56,438 | €43,946 | ▼ 22.1% |
| Tangible fixed assets22/27 | €19,228 | €16,036 | €68,792 | €56,438 | €43,946 | ▼ 22.1% |
| Land and buildings22 | €12,483 | €11,395 | €10,308 | €9,221 | €8,133 | ▼ 11.8% |
| Plant, machinery and equipment23 | €3,714 | €2,260 | €2,098 | €3,266 | €4,297 | ▲ 31.6% |
| Furniture and vehicles24 | €3,030 | €2,381 | €56,386 | €43,951 | €31,516 | ▼ 28.3% |
| Current assets29/58 | €54,187 | €52,393 | €118,116 | €164,011 | €191,652 | ▲ 16.9% |
| Stocks and contracts in progress3 | €44 | €44 | - | - | - | - |
| Stocks30/36 | €44 | €44 | - | - | - | - |
| Amounts receivable within one year40/41 | €3,488 | €23,449 | €19,965 | €20,642 | €34,827 | ▲ 68.7% |
| Trade receivables40 | - | €19,858 | €19,965 | €19,965 | €33,000 | ▲ 65.3% |
| Other amounts receivable41 | €3,488 | €3,591 | - | €677 | €1,827 | ▲ 170% |
| Cash at bank and in hand54/58 | €48,583 | €26,757 | €94,937 | €140,026 | €155,663 | ▲ 11.2% |
| Deferred charges and accrued income490/1 | €2,072 | €2,143 | €3,215 | €3,343 | €1,162 | ▼ 65.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €73,414 | €68,429 | €186,909 | €220,449 | €235,598 | ▲ 6.9% |
| Equity10/15 | €49,633 | €7,971 | €7,971 | €79,527 | €74,429 | ▼ 6.4% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,771 | €1,771 | €1,771 | €1,771 | €1,771 | = |
| Non-distributable reserves130/1 | €1,771 | €1,771 | - | - | - | - |
| Reserves not available under the articles1311 | €1,771 | €1,771 | - | - | - | - |
| Distributable reserves133 | - | - | €1,771 | €1,771 | €1,771 | = |
| Profit (loss) carried forward14 | €41,661 | - | - | €71,556 | €66,458 | ▼ 7.1% |
| Amounts payable17/49 | €23,781 | €60,458 | €178,937 | €140,921 | €161,169 | ▲ 14.4% |
| Amounts payable after more than one year17 | - | - | €28,780 | €13,838 | - | - |
| Financial debts170/4 | - | - | €28,780 | €13,838 | - | - |
| Amounts payable within one year42/48 | €23,781 | €60,458 | €150,157 | €127,083 | €161,169 | ▲ 26.8% |
| Current portion of amounts payable after more than one year42 | - | - | €14,101 | €14,942 | €13,781 | ▼ 7.8% |
| Trade debts44 | €12,987 | €1,232 | €3,934 | €2,707 | €13,874 | ▲ 412% |
| Suppliers440/4 | €12,987 | €1,232 | €3,934 | €2,707 | €13,874 | ▲ 412% |
| Taxes, remuneration and social security45 | €10,544 | €18,691 | €41,360 | €30,847 | €10,191 | ▼ 67.0% |
| Taxes450/3 | €6,208 | €17,755 | €39,500 | €28,929 | €7,789 | ▼ 73.1% |
| Remuneration and social security454/9 | €4,336 | €936 | €1,860 | €1,917 | €2,402 | ▲ 25.3% |
| Other amounts payable47/48 | €250 | €40,535 | €90,762 | €78,587 | €123,323 | ▲ 56.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€8,897 | €3,965 | €60,763 | €71,556 | €66,458 | ▼ 7.1% |
| + Depreciation and write-downs630 | €4,508 | €4,489 | €8,282 | €14,649 | €14,389 | ▼ 1.8% |
| Operating cash flow (approximation) | -€4,389 | €8,454 | €69,046 | €86,204 | €80,846 | ▼ 6.2% |
| Investment in fixed assets (approximation) | - | -€1,298 | -€61,038 | -€2,294 | -€1,897 | ▲ 17.3% |
| Change in cash | - | -€21,825 | €68,179 | €45,089 | €15,637 | ▼ 65.3% |
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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
31-12
Financial
Highest result since 2019net €71,556 ▲17.8%
Operating result €103,522, net result €71,556, both a record.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €3,965
Net result €3,965 after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€8,897
Net result drops to -€8,897, the lowest in the series; recovery starts the following year.
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
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.
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, Westerlo · 1 establishment unit since 2018
Ground area
797 m²
Building footprint
168 m²
Volume, LiDAR
876 m³
Parcel 13039B0287/00D004, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PFTech
since 20182.278.637.292
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13039B0287/00D004 | Flanders | 797 m² | 1 · 168 m² | 9.1 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
GEA INVEST
BE 0508.798.850
Aubel · Eq €74,419
TLG Holding
BE 1020.404.465
Chapelle-lez-Herlaimont · Eq €74,446
TRIVIUS
BE 0874.321.574
Antwerpen · Eq €74,407
HEB
BE 1003.216.362
Gent · Eq €74,407
Dierenarts Thijs De Schuyter
BE 0738.686.672
Antwerpen · Eq €74,505
Of 24,729 companies in sector 64210 we hold annual accounts for 19,771. 11,565 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
Founded07-08-2018
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
33200Installation of industrial machinery and equipment
46180Agents specialised in the wholesale of other particular products
68110Buying and selling of own real estate
70200Business and other management consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.